Martin Marietta Materials (MLM) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Martin Marietta's most important markets include Texas, North C...
Martin Marietta Materials (MLM) currently trades at a P/E ratio of 12.24 (historical range: 11.52–37.95, median: 27.04), placing it at the 2th percentile — cheap relative to its history, P/S ratio of 4.78 (range: 3.02–6.87, 45th percentile — near its historical average), EV/EBITDA of 27.55 (range: 14.78–61.31, 54th percentile).
Over the historical period (2021-09-14 to 2026-10-16), Martin Marietta Materials's P/E ratio has contracted by 24% over the observed period (from an average of 29.1 to 22.1).
Martin Marietta Materials trades below its historical valuation range, with most metrics below their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 12.24 | 27.04 | 2th | cheap relative to its history |
| P/S Ratio | 4.78 | 5.01 | 45th | near its historical average |
| EV/EBITDA | 27.55 | 26.59 | 54th | near its historical average |
| FCF Yield | 2.69% | 2.49% | 70th | below its historical average |
Martin Marietta Materials (MLM) Valuation & P/E History
Martin Marietta Materials (MLM) is a US-listed stock operating in the Basic Materials sector, specifically the Mining & Quarrying Of Nonmetallic Minerals (No Fuels) industry currently trading at $500.84 with a market capitalization of $30.1 billion. This page provides historical valuation analysis for MLM based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 12.24 is below the historical median of 27.04, placing MLM at the 2th percentile of its valuation range. The P/S ratio of 4.78 compares to a median of 5.01.
MLM Valuation Metrics & Historical Range
The valuation table above shows Martin Marietta Materials's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether MLM is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests MLM is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Martin Marietta Materials.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is MLM Overvalued or Undervalued?
Martin Marietta Materials trades below its historical valuation range, with most metrics below their median levels. The overall valuation percentile of 34 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive MLM is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full MLM analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.MLM trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.