Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 26.93 as of 2026-09-18T18:55:53.560Z.
Consensus retrieved: 2026-09-13T23:23:12.373Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-18T18:55:53.560Z.
Quote observation: 2026-09-18T18:55:05.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 6031bb713bd0f5a36d5bc78a99321eb2a483a80794a6dd366395dba8eb4b7e85
Forward PE Ratio (26.93) = Dated Quote Price ($490.89) / Consensus Forward EPS ($18.23)
FORWARD PE RATIO
26.93
SECTOR MEDIAN · BASIC MATERIALS
17.90
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+50.45%
vs the sector median at left
Martin Marietta Materials, Inc.
Market Cap
$29.49B
Forward PE Ratio
26.93
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Martin Marietta Materials, Inc. (MLM) | $29.49B | 26.93 |
| Vulcan Materials Company (VMC)vs › | $31.28B | 26.41 |
| Teck Resources Limited (TECK)vs › | $31.41B | N/A |
| Steel Dynamics, Inc. (STLD)vs › | $33.55B | 13.58 |
| PPG Industries, Inc. (PPG)vs › | $23.33B | 13.28 |
| Nutrien Ltd. (NTR)vs › | $37.00B | 15.31 |
| Royal Gold, Inc. (RGLD)vs › | $21.26B | 23.86 |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.16B | 24.08 |
| Dow Inc. (DOW)vs › | $20.76B | 11.73 |
| Coeur Mining, Inc. (CDE)vs › | $20.39B | 18.25 |
Trailing P/E
12.1
reported TTM EPS
Forward P/E
26.9
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $18.23 implies -55.2% EPS decline vs the reported trailing $40.70.
At the dated quote price of $490.89, 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 | $18.23 | $17.01 – $21.13 | 4 | 26.9x |
| 2027-12-31 | $21.61 | $20.27 – $25.84 | 5 | 22.7x |
| 2028-12-31 | $25.32 | $21.19 – $30.27 | 4 | 19.4x |
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