Martin Marietta Materials Stock

Martin Marietta Materials P/E 2024

Martin Marietta Materials P/E

32.91

Ticker

MLM

ISIN

US5732841060

WKN

889585

As of Dec 5, 2024, Martin Marietta Materials's P/E ratio was 32.91, a 53.21% change from the 21.48 P/E ratio recorded in the previous year.

The Martin Marietta Materials P/E history

Martin Marietta Materials Aktienanalyse

What does Martin Marietta Materials do?

The translation is: Martin Marietta Materials Inc is an American company that operates in the construction industry and specializes in materials and construction products. The company was founded in 1993 through the merger of Martin Marietta Corporation and American-Marietta Corp. Martin Marietta Materials Inc is headquartered in Raleigh, North Carolina, USA. The history of Martin Marietta Materials Inc dates back to 1939 when Martin Marietta Corporation and American-Marietta Corp. were founded. In the following decades, both companies expanded and operated in various industries. In 1993, they finally decided to merge and became Martin Marietta Materials Inc. The business model of Martin Marietta Materials Inc is based on delivering high-quality materials and construction products. The company produces and distributes aggregate materials such as sand, gravel, and crushed stone, which are used as raw materials in the construction industry. Martin Marietta Materials Inc also offers other construction products such as asphalt, concrete, cement, and paving stones. These products are utilized by construction companies, municipalities, highway departments, and contractors. The materials and construction products of Martin Marietta Materials Inc are offered in different divisions. The "aggregate production" division specializes in the production and sale of sand, gravel, and crushed stone. The "building products" division produces and distributes asphalt, concrete, paving stones, and other construction products. The "specialty products" division manufactures specialty construction materials such as soundproof facades and fire protection materials. Martin Marietta Materials Inc is a major supplier in the construction industry and works closely with companies and government agencies. The company was included in the Fortune 500 list of the largest American companies in 2020. The main business of Martin Marietta Materials Inc is in North America, especially in the United States and Canada. The company operates production facilities and sales offices in 26 states in the US and in Canada. With its many locations, the company is able to respond quickly and flexibly to the needs of its customers. Martin Marietta Materials Inc places great importance on sustainability and environmentally conscious practices. The company strives to minimize its environmental impact and produce resource-efficient products. For example, in road and building construction, efforts are made to reduce the carbon footprint and use recycled materials. Overall, Martin Marietta Materials Inc is a leading company in the construction industry that produces and distributes high-quality materials and construction products. With its various divisions and locations in North America, the company is an important partner for construction companies and government agencies. The commitment to sustainability and environmental protection demonstrates that Martin Marietta Materials Inc will continue to play an important role in the construction industry in the future. Martin Marietta Materials ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Martin Marietta Materials's P/E Ratio

The Price to Earnings (P/E) Ratio of Martin Marietta Materials is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Martin Marietta Materials's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Martin Marietta Materials is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Martin Marietta Materials’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Martin Marietta Materials stock

What is the price-to-earnings ratio of Martin Marietta Materials?

The price-earnings ratio of Martin Marietta Materials is currently 32.91.

How has the price-earnings ratio of Martin Marietta Materials changed compared to last year?

The price-to-earnings ratio of Martin Marietta Materials has increased by 53.21% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Martin Marietta Materials high compared to other companies?

Yes, the price-to-earnings ratio of Martin Marietta Materials is high compared to other companies.

How does an increase in the price-earnings ratio of Martin Marietta Materials affect the company?

An increase in the price-earnings ratio of Martin Marietta Materials would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Martin Marietta Materials affect the company?

A decrease in the price-earnings ratio of Martin Marietta Materials would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Martin Marietta Materials?

Some factors that influence the price-earnings ratio of Martin Marietta Materials are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Martin Marietta Materials pay?

Over the past 12 months, Martin Marietta Materials paid a dividend of 2.8 USD . This corresponds to a dividend yield of about 0.48 %. For the coming 12 months, Martin Marietta Materials is expected to pay a dividend of 3.07 USD.

What is the dividend yield of Martin Marietta Materials?

The current dividend yield of Martin Marietta Materials is 0.48 %.

When does Martin Marietta Materials pay dividends?

Martin Marietta Materials pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of Martin Marietta Materials?

Martin Marietta Materials paid dividends every year for the past 26 years.

What is the dividend of Martin Marietta Materials?

For the upcoming 12 months, dividends amounting to 3.07 USD are expected. This corresponds to a dividend yield of 0.52 %.

In which sector is Martin Marietta Materials located?

Martin Marietta Materials is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Martin Marietta Materials kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Martin Marietta Materials from 12/31/2024 amounting to 0.79 USD, you needed to have the stock in your portfolio before the ex-date on 12/2/2024.

When did Martin Marietta Materials pay the last dividend?

The last dividend was paid out on 12/31/2024.

What was the dividend of Martin Marietta Materials in the year 2023?

In the year 2023, Martin Marietta Materials distributed 2.54 USD as dividends.

In which currency does Martin Marietta Materials pay out the dividend?

The dividends of Martin Marietta Materials are distributed in USD.

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Andere Kennzahlen von Martin Marietta Materials

Our stock analysis for Martin Marietta Materials Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Martin Marietta Materials Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.