Martin Marietta Materials (MIL:1MLM) PEG Ratio: 2.63 (As of Jul. 21, 2026) — 38% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1MLM Martin Marietta Materials Inc MIL:1MLM
92 GF Score
Price €549.50
GF Value €653.58
! 3 Warning Signs
View Full Analysis

What is Martin Marietta Materials PEG Ratio?

Martin Marietta Materials MIL:1MLM 92 PEG Ratio is 2.63 as of Jul. 21, 2026, which is 38% above its 10-year median of 1.91. GuruFocus rates MIL:1MLM with a GF Score™ of 92/100 and a GF Value™ of €653.58. The stock has 3 warning signs investors should review. Among 142 Building Materials companies, Martin Marietta Materials ranks worse than 69.72% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Martin Marietta Materials's PE Ratio without NRI is 36.79. Martin Marietta Materials's 5-Year EBITDA growth rate is 14.00%. Therefore, Martin Marietta Materials's PEG Ratio for today is 2.63.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Martin Marietta Materials's PEG Ratio or its related term are showing as below:

MIL:1MLM' s PEG Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.91   Max: 66.74
Current: 2.27


During the past 13 years, Martin Marietta Materials's highest PEG Ratio was 66.74. The lowest was 0.70. And the median was 1.91.


MIL:1MLM's PEG Ratio is ranked worse than
69.72% of 142 companies
in the Building Materials industry
Industry Median: 1.135 vs MIL:1MLM: 2.27

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Martin Marietta Materials  (MIL:1MLM) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Martin Marietta Materials PEG Ratio Related Terms


Martin Marietta Materials PEG Ratio Historical Data

* Premium members only.

The historical data trend for Martin Marietta Materials's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Martin Marietta Materials PEG Ratio Chart

Martin Marietta Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 2.31 2.32 1.74 2.56

Martin Marietta Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 65.22 2.56 2.55

MIL:1MLM vs VMC, JHX, EXP: PEG Ratio Comparison

For the Building Materials subindustry, Martin Marietta Materials's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Martin Marietta Materials PEG Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Martin Marietta Materials's PEG Ratio falls into.


MIL:1MLM
92GF Score
Martin Marietta Materials Inc MIL:1MLM
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Martin Marietta Materials PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Martin Marietta Materials's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=36.787842270871/14.00
=2.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 2.63 mean?
Martin Marietta Materials (MIL:1MLM) has a PEG Ratio of 2.63 as of Jul. 21, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Martin Marietta Materials and its competitors. This is 38% above median its historical median of 1.91. Over the past decade, Martin Marietta Materials' PEG Ratio has ranged from 0.70 to 66.74. According to the industry distribution chart, Martin Marietta Materials ranks #99 out of 142 companies in the Building Materials industry, placing it in the top 69.7%.
Is Martin Marietta Materials' PEG Ratio too high?
Martin Marietta Materials' current PEG Ratio of 2.63 is 38% above median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 66.74. The Building Materials industry median PEG Ratio is 1.14. Martin Marietta Materials' value of 2.63 is 131.7% above this industry median. Based on the distribution chart, Martin Marietta Materials ranks #99 out of 142 companies in the Building Materials industry, which is below the industry midpoint. Overall, Martin Marietta Materials has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Martin Marietta Materials' PEG Ratio compare to VMC and JHX?
According to the Building Materials industry distribution chart, Martin Marietta Materials ranks #99 out of 142 companies for PEG Ratio. This places Martin Marietta Materials in the lower half of its industry. The industry median PEG Ratio is 1.14. Martin Marietta Materials' value of 2.63 is 131.7% above this benchmark. Historically, Martin Marietta Materials' own PEG Ratio has ranged from 0.70 to 66.74 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.14, Martin Marietta Materials has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Building Materials company?
The median PEG Ratio among Building Materials companies is 1.14, based on 142 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Martin Marietta Materials's current PEG Ratio of 2.63 is 131.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Martin Marietta Materials and its competitors. For the Building Materials industry, the median PEG Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Martin Marietta Materials's current PEG Ratio is 2.63, which is 38% above median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martin Marietta Materials stock overvalued right now?
Martin Marietta Materials (MIL:1MLM) has a current PEG Ratio of 2.63. The stock's GF Value™ is €653.58, compared to a current price of €549.50 — trading 15.9% below its estimated fair value. The current PEG Ratio is 2.63, which is 38% above median its 10-year median of 1.91 and 131.7% above the Building Materials industry median of 1.14. Martin Marietta Materials' overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Martin Marietta Materials (MIL:1MLM), the current PEG Ratio is 2.63 as of Jul. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Martin Marietta Materials (MIL:1MLM) Overvalued in 2026?

Based on GuruFocus' analysis, Martin Marietta Materials stock appears to be undervalued. The current stock price of €549.50 is trading 15.9% below its estimated GF Value™ of €653.58.

Key valuation signals for MIL:1MLM:

  • PEG Ratio: 2.63 (38% above median its 10-year median of 1.91)
  • GF Value™: €653.58 vs. price of €549.50 (15.9% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 131.7% above the Building Materials median (#99 of 142)

No single metric tells the full story. See the MIL:1MLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Martin Marietta Materials Business Description

Address 4123 Parklake Avenue, Raleigh, NC, USA, 27612
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2024, Martin Marietta sold 191 million tons of aggregates. Martin Marietta's most important markets include Texas, North Carolina, Colorado, California, and Georgia, accounting for most of its sales. The company also uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.
92GF Score

Get the complete analysis for MIL:1MLM

PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€549.50
Price
€653.58
GF Value