Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 12.06 is 54% below its 5-year average of 26.39, near the low end of its 5-year range (12.06–37.92).
As of 2026-09-18T18:55:53.560Z. 54.04% below its 12-month average of 26.24.
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
PE Ratio (12.06) = Close Price ($490.89) / Diluted TTM EPS ($40.70)
PE RATIO
12.06
PE RATIO AVG TTM
26.24
PE RATIO AVG 3Y
24.40
PE RATIO AVG 5Y
26.39
PE RATIO AVG 10Y
26.56
PE RATIO AVG 15Y
33.19
PE RATIO AVG 20Y
33.63
CURRENT VS TTM AVG
-54.04%
CURRENT VS 3Y AVG
-50.57%
CURRENT VS 5Y AVG
-54.29%
CURRENT VS 10Y AVG
-54.60%
CURRENT VS 15Y AVG
-63.67%
CURRENT VS 20Y AVG
-64.14%
SECTOR MEDIAN · BASIC MATERIALS
23.87
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
-49.48%
vs the sector median at left
Martin Marietta Materials, Inc.
Market Cap
$29.49B
PE Ratio
12.06
TTM Avg
26.24
3Y Avg
24.40
5Y Avg
26.39
Market Cap
$21.16B
PE Ratio
76.76
TTM Avg
40.32
3Y Avg
402.20
5Y Avg
219.18
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Martin Marietta Materials, Inc. (MLM) | $29.49B | 12.06 | 26.24 | 24.40 | 26.39 |
| Vulcan Materials Company (VMC)vs › | $31.28B | 28.47 | 35.56 | 37.14 | 37.95 |
| Teck Resources Limited (TECK)vs › | $31.41B | 17.88 | 38.03 | 40.31 | 29.84 |
| Steel Dynamics, Inc. (STLD)vs › | $33.55B | 21.22 | 23.48 | 15.10 | 11.15 |
| PPG Industries, Inc. (PPG)vs › | $23.33B | 15.04 | 19.59 | 21.57 | 23.59 |
| Nutrien Ltd. (NTR)vs › | $37.00B | 15.60 | 16.37 | 24.56 | 19.58 |
| Royal Gold, Inc. (RGLD)vs › | $21.26B | 27.35 | 30.45 | 32.12 | 30.69 |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.16B | 76.76 | 40.32 | 402.20 | 219.18 |
| Dow Inc. (DOW)vs › | $20.76B | N/A | 38.88 | 28.26 | 24.03 |
| Coeur Mining, Inc. (CDE)vs › | $20.39B | 15.96 | 24.72 | 28.33 | 27.79 |
At 12.1, P/E is below its 20-year median — higher than 0% of readings in its 20-year history.
20-year low
12.3
median
31.8
20-year high
85.8
Trailing P/E
12.1
Forward P/E
26.9
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$490.89
Forward EPS (Est.)
$18.23
Forward P/E
26.93
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-09-11 | 12.53 |
| 2026-09-10 | 12.35 |
| 2026-09-09 | 12.36 |
| 2026-09-08 | 12.58 |
| 2026-09-04 | 12.65 |
| 2026-09-03 | 12.50 |
| 2026-09-02 | 12.70 |
| 2026-09-01 | 12.41 |
| 2026-08-31 | 12.74 |
| 2026-08-28 | 13.05 |
| 2026-08-27 | 12.99 |
| 2026-08-26 | 13.08 |
| 2026-08-25 | 13.06 |
| 2026-08-24 | 13.10 |
| 2026-08-21 | 13.14 |
| 2026-08-20 | 12.91 |
| 2026-08-19 | 13.16 |
| 2026-08-18 | 12.85 |
| 2026-08-17 | 13.23 |
| 2026-08-14 | 13.46 |
| 2026-08-13 | 13.38 |
| 2026-08-12 | 13.36 |
| 2026-08-11 | 13.60 |
| 2026-08-10 | 13.50 |
| 2026-08-07 | 13.48 |
| 2026-08-06 | 13.23 |
| 2026-08-05 | 13.60 |
| 2026-08-04 | 13.66 |
| 2026-08-03 | 13.32 |
| 2026-07-31 | 12.90 |
| 2026-07-30 | 12.87 |
| 2026-07-29 | 13.58 |
| 2026-07-28 | 13.91 |
| 2026-07-27 | 13.63 |
| 2026-07-24 | 13.34 |
| 2026-07-23 | 13.03 |
| 2026-07-22 | 13.12 |
| 2026-07-21 | 13.04 |
| 2026-07-20 | 13.19 |
| 2026-07-17 | 13.41 |
| 2026-07-16 | 13.75 |
| 2026-07-15 | 13.57 |
| 2026-07-14 | 13.67 |
| 2026-07-13 | 13.57 |
| 2026-07-10 | 13.77 |
| 2026-07-09 | 13.63 |
| 2026-07-08 | 13.58 |
| 2026-07-07 | 14.16 |
| 2026-07-06 | 14.43 |
| 2026-07-02 | 14.29 |
| 2026-07-01 | 13.80 |
| 2026-06-30 | 13.74 |
| 2026-06-29 | 13.85 |
| 2026-06-26 | 14.68 |
| 2026-06-25 | 14.99 |
| 2026-06-24 | 14.70 |
| 2026-06-23 | 14.40 |
| 2026-06-22 | 14.53 |
| 2026-06-18 | 14.52 |
| 2026-06-17 | 14.09 |
| 2026-06-16 | 14.38 |
| 2026-06-15 | 14.03 |
| 2026-06-12 | 13.76 |
| 2026-06-11 | 13.48 |
| 2026-06-10 | 13.18 |
| 2026-06-09 | 13.64 |
| 2026-06-08 | 13.20 |
| 2026-06-05 | 13.72 |
| 2026-06-04 | 13.84 |
| 2026-06-03 | 13.90 |
| 2026-06-02 | 13.75 |
| 2026-06-01 | 13.61 |
| 2026-05-29 | 13.86 |
| 2026-05-28 | 13.71 |
| 2026-05-27 | 13.69 |
| 2026-05-26 | 13.37 |
| 2026-05-22 | 12.79 |
| 2026-05-21 | 12.82 |
| 2026-05-20 | 12.92 |
| 2026-05-19 | 12.69 |
| 2026-05-18 | 13.25 |
| 2026-05-15 | 13.31 |
| 2026-05-14 | 13.71 |
| 2026-05-13 | 13.75 |
| 2026-05-12 | 13.85 |
| 2026-05-11 | 13.97 |
| 2026-05-08 | 14.07 |
| 2026-05-07 | 14.31 |
| 2026-05-06 | 14.67 |
| 2026-05-05 | 14.44 |
| 2026-05-04 | 14.38 |
| 2026-05-01 | 14.64 |
| 2026-04-30 | 32.93 |
| 2026-04-29 | 32.60 |
| 2026-04-28 | 32.66 |
| 2026-04-27 | 32.43 |
| 2026-04-24 | 32.73 |
| 2026-04-23 | 32.92 |
| 2026-04-22 | 32.48 |
| 2026-04-21 | 32.68 |
| 2026-04-20 | 33.37 |
| 2026-04-17 | 33.09 |
| 2026-04-16 | 32.34 |
| 2026-04-15 | 32.82 |
| 2026-04-14 | 33.55 |
| 2026-04-13 | 33.79 |
| 2026-04-10 | 33.59 |
| 2026-04-09 | 33.27 |
| 2026-04-08 | 33.21 |
| 2026-04-07 | 31.62 |
| 2026-04-06 | 31.83 |
| 2026-04-02 | 31.76 |
| 2026-04-01 | 31.86 |
| 2026-03-31 | 31.31 |
| 2026-03-30 | 30.51 |
| 2026-03-27 | 30.37 |
| 2026-03-26 | 30.86 |
| 2026-03-25 | 31.35 |
| 2026-03-24 | 30.65 |
| 2026-03-23 | 30.72 |
| 2026-03-20 | 29.82 |
| 2026-03-19 | 30.18 |
| 2026-03-18 | 30.21 |
| 2026-03-17 | 30.98 |
| 2026-03-16 | 31.13 |
| 2026-03-13 | 31.05 |
| 2026-03-12 | 31.24 |
| 2026-03-11 | 31.79 |
| 2026-03-10 | 32.32 |
| 2026-03-09 | 32.58 |
| 2026-03-06 | 32.45 |
| 2026-03-05 | 33.67 |
| 2026-03-04 | 35.14 |
| 2026-03-03 | 34.93 |
| 2026-03-02 | 35.39 |
| 2026-02-27 | 35.99 |
| 2026-02-26 | 36.09 |
| 2026-02-25 | 35.81 |
| 2026-02-24 | 37.07 |
| 2026-02-23 | 36.36 |
| 2026-02-20 | 36.49 |
| 2026-02-19 | 35.60 |
| 2026-02-18 | 34.88 |
| 2026-02-17 | 35.14 |
| 2026-02-13 | 35.79 |
| 2026-02-12 | 34.79 |
| 2026-02-11 | 34.88 |
| 2026-02-10 | 37.33 |
| 2026-02-09 | 36.67 |
| 2026-02-06 | 36.37 |
| 2026-02-05 | 35.37 |
| 2026-02-04 | 35.38 |
| 2026-02-03 | 34.95 |
| 2026-02-02 | 34.49 |
| 2026-01-30 | 34.37 |
| 2026-01-29 | 34.44 |
| 2026-01-28 | 34.28 |
| 2026-01-27 | 34.22 |
| 2026-01-26 | 34.36 |
| 2026-01-23 | 34.24 |
| 2026-01-22 | 34.37 |
| 2026-01-21 | 33.80 |
| 2026-01-20 | 33.26 |
| 2026-01-16 | 34.35 |
| 2026-01-15 | 33.79 |
| 2026-01-14 | 33.56 |
| 2026-01-13 | 35.09 |
| 2026-01-12 | 34.99 |
| 2026-01-09 | 35.14 |
| 2026-01-08 | 33.64 |
| 2026-01-07 | 32.95 |
| 2026-01-06 | 34.07 |
| 2026-01-05 | 33.84 |
| 2026-01-02 | 33.44 |
| 2025-12-31 | 32.82 |
| 2025-12-30 | 33.28 |
| 2025-12-29 | 33.59 |
| 2025-12-26 | 34.00 |
| 2025-12-24 | 33.90 |
| 2025-12-23 | 33.67 |
| 2025-12-22 | 33.34 |
| 2025-12-19 | 33.42 |
| 2025-12-18 | 33.07 |
| 2025-12-17 | 32.63 |
| 2025-12-16 | 33.18 |
| 2025-12-15 | 33.41 |
| 2025-12-12 | 33.12 |
| 2025-12-11 | 33.32 |
| 2025-12-10 | 32.86 |
| 2025-12-09 | 32.26 |
| 2025-12-08 | 32.80 |
| 2025-12-05 | 32.91 |
| 2025-12-04 | 32.62 |
| 2025-12-03 | 32.46 |
| 2025-12-02 | 32.05 |
| 2025-12-01 | 32.43 |
| 2025-11-28 | 32.85 |
| 2025-11-26 | 32.81 |
| 2025-11-25 | 32.57 |
| 2025-11-24 | 31.87 |
| 2025-11-21 | 31.80 |
| 2025-11-20 | 31.47 |
| 2025-11-19 | 31.46 |
| 2025-11-18 | 31.27 |
| 2025-11-17 | 31.10 |
| 2025-11-14 | 31.44 |
| 2025-11-13 | 31.74 |
| 2025-11-12 | 32.41 |
| 2025-11-11 | 32.70 |
| 2025-11-10 | 32.51 |
| 2025-11-07 | 32.19 |
| 2025-11-06 | 32.07 |
| 2025-11-05 | 32.19 |
| 2025-11-04 | 34.68 |
| 2025-11-03 | 34.35 |
| 2025-10-31 | 34.00 |
| 2025-10-30 | 34.00 |
| 2025-10-29 | 34.22 |
| 2025-10-28 | 34.21 |
| 2025-10-27 | 34.21 |
| 2025-10-24 | 34.45 |
| 2025-10-23 | 34.35 |
| 2025-10-22 | 34.52 |
| 2025-10-21 | 35.05 |
| 2025-10-20 | 34.78 |
| 2025-10-17 | 34.69 |
| 2025-10-16 | 34.62 |
| 2025-10-15 | 35.45 |
| 2025-10-14 | 36.43 |
| 2025-10-13 | 35.42 |
| 2025-10-10 | 35.07 |
| 2025-10-09 | 35.15 |
| 2025-10-08 | 35.29 |
| 2025-10-07 | 34.92 |
| 2025-10-06 | 35.28 |
| 2025-10-03 | 35.21 |
| 2025-10-02 | 34.82 |
| 2025-10-01 | 34.39 |
| 2025-09-30 | 34.96 |
| 2025-09-29 | 34.46 |
| 2025-09-26 | 34.04 |
| 2025-09-25 | 33.72 |
| 2025-09-24 | 33.65 |
| 2025-09-23 | 34.13 |
| 2025-09-22 | 34.38 |
| 2025-09-19 | 34.31 |
| 2025-09-18 | 34.41 |
| 2025-09-17 | 33.81 |
| 2025-09-16 | 33.82 |
| 2025-09-15 | 33.89 |
| 2025-09-12 | 34.16 |
| 2025-09-11 | 35.00 |
| 2025-09-10 | 34.20 |
| 2025-09-09 | 34.07 |
| 2025-09-08 | 34.78 |
| 2025-09-05 | 34.53 |
| 2025-09-04 | 34.33 |
| 2025-09-03 | 33.90 |
| 2025-09-02 | 34.19 |
| 2025-08-29 | 34.19 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.