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MLM Martin Marietta Materials PE ratio, current and historical analysis

As of Jun 14, 2024, the Martin Marietta Materials stock's PE ratio is 16.75. This takes into account the latest EPS of $33.85 and stock price of $566.85. The PE ratio marks a decrease of 32% from its last 4 quarters average of 24.6.

MLM PE ratio history

How has MLM's PE ratio performed in the past

The PE ratio of Martin Marietta Materials has averaged 29.18 over the last ten years. The current P/E ratio of 16.75 is 43% lower than the historical average. Looking back at the last ten years, MLM's PE ratio peaked in the Sep 2014 quarter at 53.95, when the price was $128.94 and the EPS was $2.39. The lowest point was in the Sep 2018 quarter, when it reached 15.25 with a price of $181.95 and an EPS of $11.93.

Average
29.18
Median
28.54
Minimum
15.25
Maximum
53.95

Martin Marietta Materials PE ratio by year

Maximum annual increase: 59.28% in 2021

Maximum annual decrease: -41.19% in 2017

Year PE ratio Change
2023 26.43 8.77%
2022 24.3 -37.88%
2021 39.12 59.28%
2020 24.56 -14.19%
2019 28.62 24.22%
2018 23.04 17.79%
2017 19.56 -41.19%
2016 33.26 4.95%
2015 31.69 -21.58%
2014 40.41 5.92%

MLM average PE ratio chart

What is the average PE ratio of MLM for the past years

MLM's current PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
27.2
5-year avg
26.4
10-year avg
29.18
15-year avg
34.64

MLM PE vs peers

What is MLM's PE ratio compared to its peers

MLM's PE ratio stands lower than its peer stocks VMC and USLM, but it is higher than OXY's.

Stock name PE ratio Market cap
OXY Occidental Petroleum Corp 15.15 $53.06B
MLM Martin Marietta Materials Inc 16.75 $34.94B
USLM United States Lime & Minerals Inc 24.42 $1.95B
VMC Vulcan Materials CO 36.61 $33.41B

Frequently asked questions

What is Martin Marietta Materials's PE ratio?

MLM's price to earnings ratio is 16.75 as of Jun 14, 2024.

What is the 3-year average PE ratio for Martin Marietta Materials (MLM)?

As an average over the last 3 years, MLM stock has a PE ratio of 27.2.

What is the 5-year average PE ratio for Martin Marietta Materials (MLM)?

As an average over the last 5 years, MLM stock has a PE ratio of 26.4.

What is the highest PE ratio for MLM?

Over the last ten years, the Sep 2014 quarter recorded the highest quarterly PE ratio at 53.95.

How does the current PE ratio for MLM compare to its historical average?

MLM's price to earnings ratio is currently 43% below its 10-year historical average.

How is MLM's PE ratio calculated (Martin Marietta Materials PE ratio formula)?

The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 14, 2024), Martin Marietta Materials's share price is $566.85. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $33.85. Therefore, Martin Marietta Materials's PE ratio for today is 16.75. PE RATIO(16.75) = STOCK PRICE($566.85) / TTM EPS($33.85)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.