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 32.65 is 27% above its 5-year average of 25.77, near the high end of its 5-year range (19.14–37.69).
As of 2026-09-24T22:35:43.534Z. 5.81% above its 12-month average of 30.86.
Calculation as of: 2026-09-24T22:35:43.534Z.
Quote observation: 2026-09-24T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: db085ae171ea1a9ec399c196dabb523c1c06435bf925426e87db92b276cd7ba0
PE Ratio (32.65) = Close Price ($1279.47) / Diluted TTM EPS ($39.19)
PE RATIO
32.65
PE RATIO AVG TTM
30.86
PE RATIO AVG 3Y
27.59
PE RATIO AVG 5Y
25.77
PE RATIO AVG 10Y
25.07
PE RATIO AVG 15Y
23.72
PE RATIO AVG 20Y
22.01
CURRENT VS TTM AVG
+5.81%
CURRENT VS 3Y AVG
+18.32%
CURRENT VS 5Y AVG
+26.71%
CURRENT VS 10Y AVG
+30.26%
CURRENT VS 15Y AVG
+37.65%
CURRENT VS 20Y AVG
+48.36%
SECTOR MEDIAN · INDUSTRIALS
28.38
median of 128 covered companies
CURRENT VS SECTOR MEDIAN
+15.07%
vs the sector median at left
Market Cap
$61.82B
PE Ratio
33.53
TTM Avg
40.35
3Y Avg
46.09
5Y Avg
48.14
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| W.W. Grainger, Inc. (GWW) | $60.41B | 32.65 | 30.86 | 27.59 | 25.77 |
| TransDigm Group Incorporated (TDG)vs › | $61.82B | 33.53 | 40.35 | 46.09 | 48.14 |
| PACCAR Inc (PCAR)vs › | $58.25B | 23.25 | 23.65 | 16.23 | 15.66 |
| Fastenal Company (FAST)vs › | $58.21B | 42.99 | 40.87 | 37.91 | 35.06 |
| Comfort Systems USA, Inc. (FIX)vs › | $57.84B | 40.42 | 46.85 | 35.63 | 29.71 |
| United Rentals, Inc. (URI)vs › | $63.59B | 24.74 | 23.68 | 20.10 | 18.23 |
| AMETEK, Inc. (AME)vs › | $56.78B | 36.22 | 33.88 | 31.22 | 30.59 |
| Republic Services, Inc. (RSG)vs › | $65.45B | 30.13 | 31.54 | 33.17 | 32.46 |
| FedEx Corporation (FDX)vs › | $66.13B | 15.24 | 15.12 | 13.37 | 12.70 |
| Delta Air Lines, Inc. (DAL)vs › | $54.42B | 13.72 | 10.44 | 8.55 | 37.94 |
At 32.6, P/E is above its 20-year median — higher than 96% of readings in its 20-year history.
20-year low
10.0
median
21.1
20-year high
37.7
Trailing P/E
32.6
Forward P/E
27.5
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$1279.47
Forward EPS (Est.)
$46.51
Forward P/E
27.51
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 | 32.66 |
| 2026-09-10 | 32.44 |
| 2026-09-09 | 32.63 |
| 2026-09-08 | 32.90 |
| 2026-09-04 | 33.80 |
| 2026-09-03 | 33.50 |
| 2026-09-02 | 32.79 |
| 2026-09-01 | 33.41 |
| 2026-08-31 | 33.41 |
| 2026-08-28 | 33.33 |
| 2026-08-27 | 33.71 |
| 2026-08-26 | 34.07 |
| 2026-08-25 | 33.21 |
| 2026-08-24 | 33.73 |
| 2026-08-21 | 33.48 |
| 2026-08-20 | 33.18 |
| 2026-08-19 | 33.35 |
| 2026-08-18 | 33.53 |
| 2026-08-17 | 33.62 |
| 2026-08-14 | 33.75 |
| 2026-08-13 | 33.72 |
| 2026-08-12 | 33.30 |
| 2026-08-11 | 33.22 |
| 2026-08-10 | 33.11 |
| 2026-08-07 | 32.60 |
| 2026-08-06 | 32.73 |
| 2026-08-05 | 32.79 |
| 2026-08-04 | 34.96 |
| 2026-08-03 | 36.86 |
| 2026-07-31 | 37.16 |
| 2026-07-30 | 36.44 |
| 2026-07-29 | 36.53 |
| 2026-07-28 | 37.60 |
| 2026-07-27 | 37.61 |
| 2026-07-24 | 37.17 |
| 2026-07-23 | 36.76 |
| 2026-07-22 | 36.40 |
| 2026-07-21 | 36.60 |
| 2026-07-20 | 36.86 |
| 2026-07-17 | 37.50 |
| 2026-07-16 | 37.69 |
| 2026-07-15 | 36.87 |
| 2026-07-14 | 36.86 |
| 2026-07-13 | 37.41 |
| 2026-07-10 | 36.98 |
| 2026-07-09 | 36.69 |
| 2026-07-08 | 36.28 |
| 2026-07-07 | 36.46 |
| 2026-07-06 | 36.83 |
| 2026-07-02 | 36.10 |
| 2026-07-01 | 35.97 |
| 2026-06-30 | 36.57 |
| 2026-06-29 | 36.38 |
| 2026-06-26 | 36.39 |
| 2026-06-25 | 36.96 |
| 2026-06-24 | 36.09 |
| 2026-06-23 | 35.50 |
| 2026-06-22 | 36.06 |
| 2026-06-18 | 36.70 |
| 2026-06-17 | 35.24 |
| 2026-06-16 | 35.48 |
| 2026-06-15 | 35.32 |
| 2026-06-12 | 35.37 |
| 2026-06-11 | 35.32 |
| 2026-06-10 | 35.42 |
| 2026-06-09 | 35.75 |
| 2026-06-08 | 35.07 |
| 2026-06-05 | 34.95 |
| 2026-06-04 | 34.66 |
| 2026-06-03 | 34.52 |
| 2026-06-02 | 34.10 |
| 2026-06-01 | 33.41 |
| 2026-05-29 | 33.18 |
| 2026-05-28 | 33.53 |
| 2026-05-27 | 33.50 |
| 2026-05-26 | 33.58 |
| 2026-05-22 | 33.54 |
| 2026-05-21 | 33.31 |
| 2026-05-20 | 33.44 |
| 2026-05-19 | 33.45 |
| 2026-05-18 | 34.01 |
| 2026-05-15 | 34.21 |
| 2026-05-14 | 34.52 |
| 2026-05-13 | 33.68 |
| 2026-05-12 | 33.29 |
| 2026-05-11 | 32.96 |
| 2026-05-08 | 33.16 |
| 2026-05-07 | 34.85 |
| 2026-05-06 | 33.04 |
| 2026-05-05 | 32.05 |
| 2026-05-04 | 32.25 |
| 2026-05-01 | 32.44 |
| 2026-04-30 | 32.80 |
| 2026-04-29 | 32.33 |
| 2026-04-28 | 32.76 |
| 2026-04-27 | 32.70 |
| 2026-04-24 | 32.42 |
| 2026-04-23 | 32.90 |
| 2026-04-22 | 32.59 |
| 2026-04-21 | 33.07 |
| 2026-04-20 | 32.85 |
| 2026-04-17 | 32.84 |
| 2026-04-16 | 32.01 |
| 2026-04-15 | 32.29 |
| 2026-04-14 | 32.63 |
| 2026-04-13 | 32.81 |
| 2026-04-10 | 33.10 |
| 2026-04-09 | 33.10 |
| 2026-04-08 | 32.38 |
| 2026-04-07 | 31.29 |
| 2026-04-06 | 31.55 |
| 2026-04-02 | 31.56 |
| 2026-04-01 | 31.28 |
| 2026-03-31 | 30.81 |
| 2026-03-30 | 29.86 |
| 2026-03-27 | 29.85 |
| 2026-03-26 | 30.09 |
| 2026-03-25 | 30.38 |
| 2026-03-24 | 30.09 |
| 2026-03-23 | 29.78 |
| 2026-03-20 | 29.43 |
| 2026-03-19 | 29.46 |
| 2026-03-18 | 29.53 |
| 2026-03-17 | 30.09 |
| 2026-03-16 | 29.95 |
| 2026-03-13 | 30.33 |
| 2026-03-12 | 30.56 |
| 2026-03-11 | 31.36 |
| 2026-03-10 | 31.25 |
| 2026-03-09 | 31.50 |
| 2026-03-06 | 31.43 |
| 2026-03-05 | 32.36 |
| 2026-03-04 | 32.43 |
| 2026-03-03 | 32.52 |
| 2026-03-02 | 32.54 |
| 2026-02-27 | 32.33 |
| 2026-02-26 | 31.22 |
| 2026-02-25 | 31.55 |
| 2026-02-24 | 31.82 |
| 2026-02-23 | 31.54 |
| 2026-02-20 | 31.83 |
| 2026-02-19 | 31.61 |
| 2026-02-18 | 31.78 |
| 2026-02-17 | 31.73 |
| 2026-02-13 | 31.71 |
| 2026-02-12 | 31.29 |
| 2026-02-11 | 33.70 |
| 2026-02-10 | 33.30 |
| 2026-02-09 | 33.36 |
| 2026-02-06 | 33.57 |
| 2026-02-05 | 33.16 |
| 2026-02-04 | 33.49 |
| 2026-02-03 | 32.37 |
| 2026-02-02 | 30.72 |
| 2026-01-30 | 30.27 |
| 2026-01-29 | 30.33 |
| 2026-01-28 | 29.99 |
| 2026-01-27 | 29.64 |
| 2026-01-26 | 29.43 |
| 2026-01-23 | 29.65 |
| 2026-01-22 | 29.89 |
| 2026-01-21 | 29.67 |
| 2026-01-20 | 28.99 |
| 2026-01-16 | 29.95 |
| 2026-01-15 | 29.80 |
| 2026-01-14 | 29.52 |
| 2026-01-13 | 29.20 |
| 2026-01-12 | 28.93 |
| 2026-01-09 | 28.86 |
| 2026-01-08 | 28.96 |
| 2026-01-07 | 28.16 |
| 2026-01-06 | 28.84 |
| 2026-01-05 | 28.45 |
| 2026-01-02 | 28.13 |
| 2025-12-31 | 28.28 |
| 2025-12-30 | 28.62 |
| 2025-12-29 | 28.76 |
| 2025-12-26 | 28.71 |
| 2025-12-24 | 28.89 |
| 2025-12-23 | 28.70 |
| 2025-12-22 | 29.00 |
| 2025-12-19 | 28.73 |
| 2025-12-18 | 28.57 |
| 2025-12-17 | 28.59 |
| 2025-12-16 | 28.65 |
| 2025-12-15 | 28.86 |
| 2025-12-12 | 28.66 |
| 2025-12-11 | 28.93 |
| 2025-12-10 | 27.90 |
| 2025-12-09 | 26.87 |
| 2025-12-08 | 26.88 |
| 2025-12-05 | 27.34 |
| 2025-12-04 | 27.16 |
| 2025-12-03 | 27.22 |
| 2025-12-02 | 26.94 |
| 2025-12-01 | 26.48 |
| 2025-11-28 | 26.59 |
| 2025-11-26 | 26.49 |
| 2025-11-25 | 26.39 |
| 2025-11-24 | 26.06 |
| 2025-11-21 | 26.69 |
| 2025-11-20 | 25.93 |
| 2025-11-19 | 25.86 |
| 2025-11-18 | 25.73 |
| 2025-11-17 | 25.88 |
| 2025-11-14 | 25.96 |
| 2025-11-13 | 26.20 |
| 2025-11-12 | 26.48 |
| 2025-11-11 | 26.50 |
| 2025-11-10 | 26.62 |
| 2025-11-07 | 26.77 |
| 2025-11-06 | 26.70 |
| 2025-11-05 | 26.97 |
| 2025-11-04 | 26.79 |
| 2025-11-03 | 27.08 |
| 2025-10-31 | 24.77 |
| 2025-10-30 | 24.19 |
| 2025-10-29 | 24.26 |
| 2025-10-28 | 24.37 |
| 2025-10-27 | 24.75 |
| 2025-10-24 | 24.50 |
| 2025-10-23 | 24.39 |
| 2025-10-22 | 24.49 |
| 2025-10-21 | 24.58 |
| 2025-10-20 | 24.56 |
| 2025-10-17 | 24.16 |
| 2025-10-16 | 24.15 |
| 2025-10-15 | 24.23 |
| 2025-10-14 | 24.28 |
| 2025-10-13 | 23.67 |
| 2025-10-10 | 23.97 |
| 2025-10-09 | 24.50 |
| 2025-10-08 | 24.47 |
| 2025-10-07 | 24.26 |
| 2025-10-06 | 24.26 |
| 2025-10-03 | 24.20 |
| 2025-10-02 | 24.13 |
| 2025-10-01 | 23.88 |
| 2025-09-30 | 24.11 |
| 2025-09-29 | 23.98 |
| 2025-09-26 | 24.28 |
| 2025-09-25 | 24.08 |
| 2025-09-24 | 24.11 |
| 2025-09-23 | 24.68 |
| 2025-09-22 | 24.77 |
| 2025-09-19 | 24.98 |
| 2025-09-18 | 25.43 |
| 2025-09-17 | 25.24 |
| 2025-09-16 | 25.14 |
| 2025-09-15 | 25.62 |
| 2025-09-12 | 25.40 |
| 2025-09-11 | 25.67 |
| 2025-09-10 | 25.15 |
| 2025-09-09 | 25.17 |
| 2025-09-08 | 25.24 |
| 2025-09-05 | 25.13 |
| 2025-09-04 | 26.01 |
| 2025-09-03 | 25.77 |
| 2025-09-02 | 25.72 |
| 2025-08-29 | 25.64 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.