Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 23.89 as of Tuesday, July 28, 2026.
Forward PE Ratio (23.89) = Close Price ($512.37) / Consensus Forward EPS ($20.81)
FORWARD PE RATIO
23.89
Trailing P/E
14.8
reported TTM EPS
Forward P/E
23.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $20.81 implies -38.0% EPS decline vs the reported trailing $33.59.
At today's $512.37 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 | $20.81 | $20.15 – $21.49 | 3 | 24.6x |
| 2027-12-31 | $21.49 | $20.82 – $22.53 | 3 | 23.8x |
| 2028-12-31 | $21.72 | $20.92 – $22.51 | 1 | 23.6x |
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
