Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 29.27 as of Tuesday, August 4, 2026.
Forward PE Ratio (29.27) = Close Price ($550.79) / Consensus Forward EPS ($18.53)
FORWARD PE RATIO
29.27
SECTOR MEDIAN · BASIC MATERIALS
18.95
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+54.46%
vs the sector median at left
Martin Marietta Materials, Inc.
Market Cap
$33.08B
Forward PE Ratio
29.27
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Martin Marietta Materials, Inc. (MLM) | $33.08B | 29.27 |
| Nutrien Ltd. (NTR)vs › | $31.78B | 11.90 |
| Vulcan Materials Company (VMC)vs › | $36.79B | 31.09 |
| Steel Dynamics, Inc. (STLD)vs › | $37.35B | 15.54 |
| Carpenter Technology Corporation (CRS)vs › | $28.19B | 51.34 |
| PPG Industries, Inc. (PPG)vs › | $26.05B | 14.46 |
| International Paper Company (IP)vs › | $22.28B | 29.94 |
| Dow Inc. (DOW)vs › | $21.52B | 11.92 |
| Reliance Steel & Aluminum Co. (RS)vs › | $21.15B | 17.76 |
| International Flavors & Fragrances Inc. (IFF)vs › | $20.65B | 18.40 |
Trailing P/E
13.3
reported TTM EPS
Forward P/E
29.3
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $18.53 implies -54.5% EPS decline vs the reported trailing $40.70.
At today's $550.79 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $18.53 | $17.37 – $20.99 | 10 | 29.7x |
| 2027-12-31 | $22.05 | $20.90 – $25.06 | 14 | 25.0x |
| 2028-12-31 | $25.58 | $23.25 – $27.72 | 5 | 21.5x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
