Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 19.02 is in line with its 5-year average of 19.81, near the low end of its 5-year range (14.56–38.88).
As of 2026-09-25T00:15:37.773Z. 10.95% below its 12-month average of 21.36.
Calculation as of: 2026-09-25T00:15:37.773Z.
Quote observation: 2026-09-24T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3d042c4ee73938d39894c05a604ae75ef4f3326188dfd67473ae33089af58c46
PE Ratio (19.02) = Close Price ($121.18) / Diluted TTM EPS ($6.37)
PE RATIO
19.02
PE RATIO AVG TTM
21.36
PE RATIO AVG 3Y
18.92
PE RATIO AVG 5Y
19.81
PE RATIO AVG 10Y
17.80
PE RATIO AVG 15Y
16.72
PE RATIO AVG 20Y
15.12
CURRENT VS TTM AVG
-10.95%
CURRENT VS 3Y AVG
+0.55%
CURRENT VS 5Y AVG
-3.99%
CURRENT VS 10Y AVG
+6.85%
CURRENT VS 15Y AVG
+13.74%
CURRENT VS 20Y AVG
+25.77%
SECTOR MEDIAN · UTILITIES
18.92
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
+0.53%
vs the sector median at left
Market Cap
$26.14B
PE Ratio
22.76
TTM Avg
23.37
3Y Avg
25.38
5Y Avg
26.58
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DTE Energy Company (DTE) | $25.22B | 19.02 | 21.36 | 18.92 | 19.81 |
| FirstEnergy Corp. (FE)vs › | $24.99B | 23.03 | 23.73 | 26.20 | 27.05 |
| Atmos Energy Corporation (ATO)vs › | $26.11B | 18.62 | 22.59 | 20.77 | 20.49 |
| American Water Works Company, Inc. (AWK)vs › | $26.14B | 22.76 | 23.37 | 25.38 | 26.58 |
| CenterPoint Energy, Inc. (CNP)vs › | $24.25B | 21.66 | 25.75 | 23.18 | 20.45 |
| PPL Corporation (PPL)vs › | $24.06B | 18.92 | 23.12 | 25.63 | 26.58 |
| Eversource Energy (ES)vs › | $23.99B | 16.53 | 19.08 | 20.96 | 21.33 |
| Ameren Corporation (AEE)vs › | $27.45B | 17.46 | 20.36 | 19.66 | 20.60 |
| NRG Energy, Inc. (NRG)vs › | $20.64B | 25.68 | 68.96 | 41.98 | 26.52 |
| Edison International (EIX)vs › | $20.22B | 5.42 | 7.50 | 16.99 | 23.22 |
At 19.0, P/E is above its 20-year median — higher than 79% of readings in its 20-year history.
20-year low
5.4
median
15.8
20-year high
38.9
Trailing P/E
19.0
Forward P/E
15.7
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$121.18
Forward EPS (Est.)
$7.71
Forward P/E
15.71
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-09-11 | 20.81 |
| 2026-09-10 | 21.09 |
| 2026-09-09 | 21.36 |
| 2026-09-08 | 21.55 |
| 2026-09-04 | 21.36 |
| 2026-09-03 | 21.52 |
| 2026-09-02 | 21.36 |
| 2026-09-01 | 21.36 |
| 2026-08-31 | 21.29 |
| 2026-08-28 | 21.33 |
| 2026-08-27 | 21.39 |
| 2026-08-26 | 21.62 |
| 2026-08-25 | 21.37 |
| 2026-08-24 | 21.30 |
| 2026-08-21 | 21.23 |
| 2026-08-20 | 21.69 |
| 2026-08-19 | 21.85 |
| 2026-08-18 | 22.01 |
| 2026-08-17 | 22.16 |
| 2026-08-14 | 22.11 |
| 2026-08-13 | 21.90 |
| 2026-08-12 | 21.77 |
| 2026-08-11 | 21.61 |
| 2026-08-10 | 21.47 |
| 2026-08-07 | 21.96 |
| 2026-08-06 | 21.97 |
| 2026-08-05 | 21.92 |
| 2026-08-04 | 22.25 |
| 2026-08-03 | 22.25 |
| 2026-07-31 | 22.27 |
| 2026-07-30 | 22.24 |
| 2026-07-29 | 22.53 |
| 2026-07-28 | 23.91 |
| 2026-07-27 | 24.10 |
| 2026-07-24 | 24.46 |
| 2026-07-23 | 24.24 |
| 2026-07-22 | 24.31 |
| 2026-07-21 | 23.74 |
| 2026-07-20 | 23.89 |
| 2026-07-17 | 24.25 |
| 2026-07-16 | 24.37 |
| 2026-07-15 | 24.05 |
| 2026-07-14 | 24.40 |
| 2026-07-13 | 24.65 |
| 2026-07-10 | 24.59 |
| 2026-07-09 | 24.43 |
| 2026-07-08 | 24.78 |
| 2026-07-07 | 25.18 |
| 2026-07-06 | 24.77 |
| 2026-07-02 | 25.21 |
| 2026-07-01 | 24.64 |
| 2026-06-30 | 24.94 |
| 2026-06-29 | 25.21 |
| 2026-06-26 | 25.27 |
| 2026-06-25 | 25.01 |
| 2026-06-24 | 24.73 |
| 2026-06-23 | 24.42 |
| 2026-06-22 | 24.03 |
| 2026-06-18 | 24.15 |
| 2026-06-17 | 24.09 |
| 2026-06-16 | 24.36 |
| 2026-06-15 | 24.23 |
| 2026-06-12 | 24.13 |
| 2026-06-11 | 23.86 |
| 2026-06-10 | 23.91 |
| 2026-06-09 | 23.89 |
| 2026-06-08 | 23.42 |
| 2026-06-05 | 23.86 |
| 2026-06-04 | 23.36 |
| 2026-06-03 | 23.21 |
| 2026-06-02 | 23.35 |
| 2026-06-01 | 22.89 |
| 2026-05-29 | 23.38 |
| 2026-05-28 | 23.47 |
| 2026-05-27 | 23.78 |
| 2026-05-26 | 23.67 |
| 2026-05-22 | 23.78 |
| 2026-05-21 | 23.53 |
| 2026-05-20 | 23.37 |
| 2026-05-19 | 23.43 |
| 2026-05-18 | 23.13 |
| 2026-05-15 | 22.88 |
| 2026-05-14 | 23.54 |
| 2026-05-13 | 23.24 |
| 2026-05-12 | 23.34 |
| 2026-05-11 | 23.31 |
| 2026-05-08 | 23.01 |
| 2026-05-07 | 23.24 |
| 2026-05-06 | 23.31 |
| 2026-05-05 | 23.49 |
| 2026-05-04 | 24.01 |
| 2026-05-01 | 24.35 |
| 2026-04-30 | 21.49 |
| 2026-04-29 | 20.83 |
| 2026-04-28 | 21.05 |
| 2026-04-27 | 20.75 |
| 2026-04-24 | 20.80 |
| 2026-04-23 | 20.88 |
| 2026-04-22 | 20.34 |
| 2026-04-21 | 20.32 |
| 2026-04-20 | 20.66 |
| 2026-04-17 | 20.82 |
| 2026-04-16 | 20.82 |
| 2026-04-15 | 20.79 |
| 2026-04-14 | 20.93 |
| 2026-04-13 | 20.89 |
| 2026-04-10 | 21.20 |
| 2026-04-09 | 21.39 |
| 2026-04-08 | 21.07 |
| 2026-04-07 | 21.00 |
| 2026-04-06 | 20.92 |
| 2026-04-02 | 20.97 |
| 2026-04-01 | 20.84 |
| 2026-03-31 | 20.71 |
| 2026-03-30 | 20.69 |
| 2026-03-27 | 20.46 |
| 2026-03-26 | 20.45 |
| 2026-03-25 | 20.32 |
| 2026-03-24 | 20.30 |
| 2026-03-23 | 20.15 |
| 2026-03-20 | 20.05 |
| 2026-03-19 | 20.84 |
| 2026-03-18 | 20.82 |
| 2026-03-17 | 21.15 |
| 2026-03-16 | 21.14 |
| 2026-03-13 | 21.19 |
| 2026-03-12 | 20.91 |
| 2026-03-11 | 20.75 |
| 2026-03-10 | 20.93 |
| 2026-03-09 | 21.10 |
| 2026-03-06 | 21.26 |
| 2026-03-05 | 21.05 |
| 2026-03-04 | 21.26 |
| 2026-03-03 | 20.98 |
| 2026-03-02 | 20.91 |
| 2026-02-27 | 21.00 |
| 2026-02-26 | 20.76 |
| 2026-02-25 | 20.68 |
| 2026-02-24 | 20.69 |
| 2026-02-23 | 20.66 |
| 2026-02-20 | 20.54 |
| 2026-02-19 | 20.54 |
| 2026-02-18 | 20.20 |
| 2026-02-17 | 21.69 |
| 2026-02-13 | 21.73 |
| 2026-02-12 | 21.13 |
| 2026-02-11 | 20.95 |
| 2026-02-10 | 20.67 |
| 2026-02-09 | 20.25 |
| 2026-02-06 | 20.21 |
| 2026-02-05 | 20.41 |
| 2026-02-04 | 20.34 |
| 2026-02-03 | 20.34 |
| 2026-02-02 | 19.93 |
| 2026-01-30 | 20.15 |
| 2026-01-29 | 20.16 |
| 2026-01-28 | 20.47 |
| 2026-01-27 | 20.49 |
| 2026-01-26 | 20.32 |
| 2026-01-23 | 20.14 |
| 2026-01-22 | 20.27 |
| 2026-01-21 | 20.55 |
| 2026-01-20 | 20.33 |
| 2026-01-16 | 20.32 |
| 2026-01-15 | 20.18 |
| 2026-01-14 | 20.08 |
| 2026-01-13 | 19.82 |
| 2026-01-12 | 19.54 |
| 2026-01-09 | 19.47 |
| 2026-01-08 | 19.43 |
| 2026-01-07 | 19.23 |
| 2026-01-06 | 19.50 |
| 2026-01-05 | 19.31 |
| 2026-01-02 | 19.54 |
| 2025-12-31 | 19.34 |
| 2025-12-30 | 19.46 |
| 2025-12-29 | 19.44 |
| 2025-12-26 | 19.35 |
| 2025-12-24 | 19.31 |
| 2025-12-23 | 19.27 |
| 2025-12-22 | 19.24 |
| 2025-12-19 | 19.14 |
| 2025-12-18 | 19.48 |
| 2025-12-17 | 19.32 |
| 2025-12-16 | 19.29 |
| 2025-12-15 | 19.31 |
| 2025-12-12 | 19.46 |
| 2025-12-11 | 19.60 |
| 2025-12-10 | 19.49 |
| 2025-12-09 | 19.53 |
| 2025-12-08 | 19.49 |
| 2025-12-05 | 19.67 |
| 2025-12-04 | 19.81 |
| 2025-12-03 | 19.97 |
| 2025-12-02 | 19.72 |
| 2025-12-01 | 19.98 |
| 2025-11-28 | 20.54 |
| 2025-11-26 | 20.51 |
| 2025-11-25 | 20.40 |
| 2025-11-24 | 20.40 |
| 2025-11-21 | 20.36 |
| 2025-11-20 | 20.35 |
| 2025-11-19 | 20.25 |
| 2025-11-18 | 20.55 |
| 2025-11-17 | 20.63 |
| 2025-11-14 | 20.55 |
| 2025-11-13 | 20.65 |
| 2025-11-12 | 21.03 |
| 2025-11-11 | 20.96 |
| 2025-11-10 | 20.86 |
| 2025-11-07 | 20.50 |
| 2025-11-06 | 20.10 |
| 2025-11-05 | 20.09 |
| 2025-11-04 | 20.01 |
| 2025-11-03 | 20.07 |
| 2025-10-31 | 20.32 |
| 2025-10-30 | 19.86 |
| 2025-10-29 | 19.98 |
| 2025-10-28 | 20.09 |
| 2025-10-27 | 20.38 |
| 2025-10-24 | 20.41 |
| 2025-10-23 | 20.37 |
| 2025-10-22 | 20.53 |
| 2025-10-21 | 20.47 |
| 2025-10-20 | 20.62 |
| 2025-10-17 | 20.42 |
| 2025-10-16 | 20.36 |
| 2025-10-15 | 20.50 |
| 2025-10-14 | 20.38 |
| 2025-10-13 | 20.15 |
| 2025-10-10 | 20.21 |
| 2025-10-09 | 20.15 |
| 2025-10-08 | 20.37 |
| 2025-10-07 | 20.49 |
| 2025-10-06 | 20.40 |
| 2025-10-03 | 20.15 |
| 2025-10-02 | 20.04 |
| 2025-10-01 | 20.17 |
| 2025-09-30 | 20.35 |
| 2025-09-29 | 20.27 |
| 2025-09-26 | 20.04 |
| 2025-09-25 | 19.81 |
| 2025-09-24 | 19.97 |
| 2025-09-23 | 19.85 |
| 2025-09-22 | 19.59 |
| 2025-09-19 | 19.52 |
| 2025-09-18 | 19.44 |
| 2025-09-17 | 19.44 |
| 2025-09-16 | 19.28 |
| 2025-09-15 | 19.63 |
| 2025-09-12 | 19.69 |
| 2025-09-11 | 19.68 |
| 2025-09-10 | 19.52 |
| 2025-09-09 | 19.44 |
| 2025-09-08 | 19.39 |
| 2025-09-05 | 19.65 |
| 2025-09-04 | 19.63 |
| 2025-09-03 | 19.49 |
| 2025-09-02 | 19.52 |
| 2025-08-29 | 19.66 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
