Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 81.49.
Forward PE Ratio (81.49) = Close Price ($627.75) / Consensus Forward EPS ($7.70)
FORWARD PE RATIO
81.49
SECTOR MEDIAN · INDUSTRIALS
24.18
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
+236.94%
vs the sector median at left
Axon Enterprise, Inc.
Market Cap
$50.60B
Forward PE Ratio
81.49
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Axon Enterprise, Inc. (AXON) | $50.60B | 81.49 |
| HEICO Corporation (HEI-A)vs › | $50.27B | 42.71 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $50.26B | 27.39 |
| Carrier Global Corporation (CARR)vs › | $49.76B | 20.85 |
| L3Harris Technologies, Inc. (LHX)vs › | $49.67B | 25.05 |
| Honeywell Aerospace Inc (HONA)vs › | $52.21B | 20.34 |
| Rockwell Automation, Inc. (ROK)vs › | $48.64B | 33.08 |
| Delta Air Lines, Inc. (DAL)vs › | $54.19B | 12.51 |
| AMETEK, Inc. (AME)vs › | $54.91B | 28.82 |
| Thomson Reuters Corporation (TRI)vs › | $46.07B | 23.44 |
Trailing P/E
260.3
reported TTM EPS
Forward P/E
81.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $7.70 implies +219.5% EPS growth vs the reported trailing $2.41.
At today's $627.75 close, 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 | $7.70 | $6.18 – $8.60 | 11 | 81.5x |
| 2027-12-31 | $10.67 | $8.62 – $12.35 | 12 | 58.8x |
| 2028-12-31 | $13.97 | $5.15 – $18.04 | 4 | 44.9x |
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