Martin Marietta Materials
MLM
#644
Rank
$34.96 B
Marketcap
$579.92
Share price
0.70%
Change (1 day)
0.53%
Change (1 year)
Martin Marietta Materials is an American quarry operator. The company is one of the largest producer of aggregates in the United States.

P/E ratio for Martin Marietta Materials (MLM)

P/E ratio as of July 2025 (TTM): 17.9

According to Martin Marietta Materials's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.8822. At the end of 2023 the company had a P/E ratio of 26.4.

P/E ratio history for Martin Marietta Materials from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202326.48.73%
202224.3-37.91%
202139.159.4%
202024.5-14.25%
201928.624.23%
201823.017.88%
201719.5-41.16%
201633.25.05%
201531.6-26.63%
201443.112.54%
201338.3-26.08%
201251.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Vulcan Materials
VMC
39.7 122.00%๐Ÿ‡บ๐Ÿ‡ธ USA
United States Lime & Minerals
USLM
26.7 49.43%๐Ÿ‡บ๐Ÿ‡ธ USA
Cement Roadstone Holding
CRH
20.4 14.24%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
Occidental Petroleum
OXY
17.4-2.97%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.