Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products that are used in industrial, agricultural, and environmental applications; and dolomitic lime primarily to customers for steel production and soil stabilization. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.
P/E ratio for Martin Marietta Materials, Inc. (MLM)
P/E ratio as of 2023: 26.42
According to Martin Marietta Materials, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.42. At the end of 2022 the company had a P/E ratio of 24.29.
P/E ratio history for Martin Marietta Materials, Inc. from 1994 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 26.42 |
| 2022 | 24.29 |
| 2021 | 39.13 |
| 2020 | 24.54 |
| 2019 | 28.56 |
| 2018 | 23.00 |
| 2017 | 19.49 |
| 2016 | 33.13 |
| 2015 | 31.58 |
| 2014 | 40.31 |
| 2013 | 38.03 |
| 2012 | 51.13 |
| 2011 | 41.78 |
| 2010 | 43.25 |
| 2009 | 46.01 |
| 2008 | 22.78 |
| 2007 | 21.53 |
| 2006 | 19.24 |
| 2005 | 18.53 |
| 2004 | 20.02 |
| 2003 | 24.59 |
| 2002 | 17.32 |
| 2001 | 21.18 |
| 2000 | 17.63 |
| 1999 | 15.21 |
| 1998 | 24.99 |
| 1997 | 17.08 |
| 1996 | 13.60 |
| 1995 | 14.03 |
| 1994 | 14.92 |