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 24.80 is 24% below its 5-year average of 32.67, near the low end of its 5-year range (21.38–45.78).
As of 2026-09-12T00:15:46.970Z. 26.99% below its 12-month average of 33.97.
Calculation as of: 2026-09-12T00:15:46.970Z.
Quote observation: 2026-09-11T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 0b16e7a25db735cf662a52f363051510cca0b739a27c3f67f9e2c4ef8857eecf
PE Ratio (24.80) = Close Price ($245.54) / Diluted TTM EPS ($9.90)
PE RATIO
24.80
PE RATIO AVG TTM
33.97
PE RATIO AVG 3Y
33.06
PE RATIO AVG 5Y
32.67
PE RATIO AVG 10Y
30.81
PE RATIO AVG 15Y
27.68
PE RATIO AVG 20Y
24.97
CURRENT VS TTM AVG
-26.99%
CURRENT VS 3Y AVG
-24.99%
CURRENT VS 5Y AVG
-24.09%
CURRENT VS 10Y AVG
-19.51%
CURRENT VS 15Y AVG
-10.42%
CURRENT VS 20Y AVG
-0.69%
SECTOR MEDIAN · INDUSTRIALS
29.61
median of 126 covered companies
CURRENT VS SECTOR MEDIAN
-16.23%
vs the sector median at left
L3Harris Technologies, Inc.
Market Cap
$45.72B
PE Ratio
24.80
TTM Avg
33.97
3Y Avg
33.06
5Y Avg
32.67
Market Cap
$47.37B
PE Ratio
39.90
TTM Avg
28.94
3Y Avg
26.63
5Y Avg
22.33
Market Cap
$47.84B
PE Ratio
38.07
TTM Avg
34.81
3Y Avg
32.06
5Y Avg
31.46
Market Cap
$42.50B
PE Ratio
26.03
TTM Avg
26.38
3Y Avg
31.94
5Y Avg
38.29
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| L3Harris Technologies, Inc. (LHX) | $45.72B | 24.80 | 33.97 | 33.06 | 32.67 |
| HEICO Corporation (HEI-A)vs › | $45.31B | 39.21 | 48.60 | 51.84 | 51.99 |
| Carrier Global Corporation (CARR)vs › | $47.37B | 39.90 | 28.94 | 26.63 | 22.33 |
| HEICO Corporation (HEI)vs › | $44.03B | 52.67 | 63.84 | 66.33 | 65.29 |
| Rockwell Automation, Inc. (ROK)vs › | $47.67B | 40.26 | 46.23 | 36.69 | 34.79 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $47.84B | 38.07 | 34.81 | 32.06 | 31.46 |
| Ferguson plc (FERG)vs › | $43.16B | N/A | 23.96 | 23.04 | 19.94 |
| Thomson Reuters Corporation (TRI)vs › | $42.50B | 26.03 | 26.38 | 31.94 | 38.29 |
| Honeywell Aerospace Inc (HONA)vs › | $50.16B | N/A | N/A | N/A | N/A |
| Paychex, Inc. (PAYX)vs › | $41.19B | 23.73 | 23.80 | 27.09 | 28.83 |
At 24.8, P/E is near its 20-year median — higher than 44% of readings in its 20-year history.
20-year low
7.2
median
26.3
20-year high
427.4
Trailing P/E
24.8
Forward P/E
20.6
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$245.54
Forward EPS (Est.)
$11.94
Forward P/E
20.56
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 |
|---|---|
| 2026-09-10 | 25.09 |
| 2026-09-09 | 25.29 |
| 2026-09-08 | 25.83 |
| 2026-09-04 | 25.90 |
| 2026-09-03 | 26.48 |
| 2026-09-02 | 26.39 |
| 2026-09-01 | 26.62 |
| 2026-08-31 | 26.89 |
| 2026-08-28 | 26.55 |
| 2026-08-27 | 26.46 |
| 2026-08-26 | 26.56 |
| 2026-08-25 | 26.48 |
| 2026-08-24 | 26.55 |
| 2026-08-21 | 26.94 |
| 2026-08-20 | 27.32 |
| 2026-08-19 | 27.99 |
| 2026-08-18 | 28.24 |
| 2026-08-17 | 28.12 |
| 2026-08-14 | 29.48 |
| 2026-08-13 | 29.14 |
| 2026-08-12 | 29.37 |
| 2026-08-11 | 28.89 |
| 2026-08-10 | 29.26 |
| 2026-08-07 | 28.96 |
| 2026-08-06 | 29.25 |
| 2026-08-05 | 28.90 |
| 2026-08-04 | 28.82 |
| 2026-08-03 | 28.07 |
| 2026-07-31 | 27.99 |
| 2026-07-30 | 29.52 |
| 2026-07-29 | 32.31 |
| 2026-07-28 | 33.14 |
| 2026-07-27 | 32.95 |
| 2026-07-24 | 32.60 |
| 2026-07-23 | 32.54 |
| 2026-07-22 | 30.96 |
| 2026-07-21 | 30.15 |
| 2026-07-20 | 30.46 |
| 2026-07-17 | 30.62 |
| 2026-07-16 | 30.88 |
| 2026-07-15 | 31.14 |
| 2026-07-14 | 31.49 |
| 2026-07-13 | 31.35 |
| 2026-07-10 | 31.57 |
| 2026-07-09 | 31.47 |
| 2026-07-08 | 31.86 |
| 2026-07-07 | 32.07 |
| 2026-07-06 | 32.71 |
| 2026-07-02 | 32.80 |
| 2026-07-01 | 31.73 |
| 2026-06-30 | 31.55 |
| 2026-06-29 | 31.42 |
| 2026-06-26 | 31.62 |
| 2026-06-25 | 31.33 |
| 2026-06-24 | 31.19 |
| 2026-06-23 | 31.90 |
| 2026-06-22 | 31.03 |
| 2026-06-18 | 32.01 |
| 2026-06-17 | 34.00 |
| 2026-06-16 | 33.71 |
| 2026-06-15 | 33.03 |
| 2026-06-12 | 33.42 |
| 2026-06-11 | 33.89 |
| 2026-06-10 | 32.90 |
| 2026-06-09 | 33.46 |
| 2026-06-08 | 32.80 |
| 2026-06-05 | 33.42 |
| 2026-06-04 | 33.64 |
| 2026-06-03 | 32.95 |
| 2026-06-02 | 33.45 |
| 2026-06-01 | 33.61 |
| 2026-05-29 | 34.22 |
| 2026-05-28 | 34.18 |
| 2026-05-27 | 33.56 |
| 2026-05-26 | 34.04 |
| 2026-05-22 | 33.87 |
| 2026-05-21 | 33.26 |
| 2026-05-20 | 33.57 |
| 2026-05-19 | 33.46 |
| 2026-05-18 | 33.79 |
| 2026-05-15 | 32.94 |
| 2026-05-14 | 33.40 |
| 2026-05-13 | 33.11 |
| 2026-05-12 | 33.60 |
| 2026-05-11 | 32.83 |
| 2026-05-08 | 32.53 |
| 2026-05-07 | 32.70 |
| 2026-05-06 | 32.81 |
| 2026-05-05 | 32.86 |
| 2026-05-04 | 33.51 |
| 2026-05-01 | 34.02 |
| 2026-04-30 | 37.58 |
| 2026-04-29 | 37.68 |
| 2026-04-28 | 38.09 |
| 2026-04-27 | 37.57 |
| 2026-04-24 | 37.22 |
| 2026-04-23 | 38.71 |
| 2026-04-22 | 38.88 |
| 2026-04-21 | 39.89 |
| 2026-04-20 | 40.86 |
| 2026-04-17 | 41.07 |
| 2026-04-16 | 41.43 |
| 2026-04-15 | 41.73 |
| 2026-04-14 | 41.68 |
| 2026-04-13 | 41.96 |
| 2026-04-10 | 41.45 |
| 2026-04-09 | 41.97 |
| 2026-04-08 | 42.43 |
| 2026-04-07 | 41.50 |
| 2026-04-06 | 42.06 |
| 2026-04-02 | 41.74 |
| 2026-04-01 | 41.49 |
| 2026-03-31 | 40.46 |
| 2026-03-30 | 39.85 |
| 2026-03-27 | 40.21 |
| 2026-03-26 | 40.95 |
| 2026-03-25 | 41.27 |
| 2026-03-24 | 41.20 |
| 2026-03-23 | 40.50 |
| 2026-03-20 | 41.37 |
| 2026-03-19 | 42.64 |
| 2026-03-18 | 43.19 |
| 2026-03-17 | 43.24 |
| 2026-03-16 | 42.93 |
| 2026-03-13 | 42.08 |
| 2026-03-12 | 41.96 |
| 2026-03-11 | 42.70 |
| 2026-03-10 | 42.41 |
| 2026-03-09 | 43.52 |
| 2026-03-06 | 42.98 |
| 2026-03-05 | 42.22 |
| 2026-03-04 | 43.23 |
| 2026-03-03 | 43.14 |
| 2026-03-02 | 44.37 |
| 2026-02-27 | 42.74 |
| 2026-02-26 | 41.64 |
| 2026-02-25 | 39.98 |
| 2026-02-24 | 41.53 |
| 2026-02-23 | 41.63 |
| 2026-02-20 | 41.75 |
| 2026-02-19 | 42.05 |
| 2026-02-18 | 41.28 |
| 2026-02-17 | 40.63 |
| 2026-02-13 | 40.50 |
| 2026-02-12 | 36.51 |
| 2026-02-11 | 36.55 |
| 2026-02-10 | 37.07 |
| 2026-02-09 | 37.66 |
| 2026-02-06 | 37.56 |
| 2026-02-05 | 36.76 |
| 2026-02-04 | 36.42 |
| 2026-02-03 | 37.76 |
| 2026-02-02 | 36.55 |
| 2026-01-30 | 36.83 |
| 2026-01-29 | 38.24 |
| 2026-01-28 | 38.70 |
| 2026-01-27 | 38.73 |
| 2026-01-26 | 38.05 |
| 2026-01-23 | 38.10 |
| 2026-01-22 | 38.21 |
| 2026-01-21 | 37.36 |
| 2026-01-20 | 36.77 |
| 2026-01-16 | 37.21 |
| 2026-01-15 | 36.56 |
| 2026-01-14 | 36.83 |
| 2026-01-13 | 36.65 |
| 2026-01-12 | 36.59 |
| 2026-01-09 | 36.07 |
| 2026-01-08 | 34.99 |
| 2026-01-07 | 33.27 |
| 2026-01-06 | 33.78 |
| 2026-01-05 | 33.45 |
| 2026-01-02 | 32.70 |
| 2025-12-31 | 31.53 |
| 2025-12-30 | 31.74 |
| 2025-12-29 | 31.79 |
| 2025-12-26 | 31.88 |
| 2025-12-24 | 32.02 |
| 2025-12-23 | 31.99 |
| 2025-12-22 | 31.70 |
| 2025-12-19 | 30.88 |
| 2025-12-18 | 30.37 |
| 2025-12-17 | 29.94 |
| 2025-12-16 | 30.38 |
| 2025-12-15 | 30.99 |
| 2025-12-12 | 30.82 |
| 2025-12-11 | 31.13 |
| 2025-12-10 | 30.71 |
| 2025-12-09 | 29.79 |
| 2025-12-08 | 30.25 |
| 2025-12-05 | 29.91 |
| 2025-12-04 | 30.13 |
| 2025-12-03 | 29.83 |
| 2025-12-02 | 29.43 |
| 2025-12-01 | 29.25 |
| 2025-11-28 | 29.93 |
| 2025-11-26 | 29.66 |
| 2025-11-25 | 29.68 |
| 2025-11-24 | 29.58 |
| 2025-11-21 | 29.84 |
| 2025-11-20 | 30.53 |
| 2025-11-19 | 30.64 |
| 2025-11-18 | 30.66 |
| 2025-11-17 | 30.90 |
| 2025-11-14 | 31.08 |
| 2025-11-13 | 30.97 |
| 2025-11-12 | 32.25 |
| 2025-11-11 | 32.40 |
| 2025-11-10 | 31.90 |
| 2025-11-07 | 31.22 |
| 2025-11-06 | 30.61 |
| 2025-11-05 | 30.84 |
| 2025-11-04 | 31.27 |
| 2025-11-03 | 31.00 |
| 2025-10-31 | 31.05 |
| 2025-10-30 | 33.06 |
| 2025-10-29 | 32.05 |
| 2025-10-28 | 32.11 |
| 2025-10-27 | 32.53 |
| 2025-10-24 | 32.76 |
| 2025-10-23 | 32.77 |
| 2025-10-22 | 32.29 |
| 2025-10-21 | 32.66 |
| 2025-10-20 | 32.46 |
| 2025-10-17 | 31.72 |
| 2025-10-16 | 31.76 |
| 2025-10-15 | 32.37 |
| 2025-10-14 | 33.52 |
| 2025-10-13 | 32.78 |
| 2025-10-10 | 32.66 |
| 2025-10-09 | 33.32 |
| 2025-10-08 | 34.27 |
| 2025-10-07 | 33.68 |
| 2025-10-06 | 33.86 |
| 2025-10-03 | 33.23 |
| 2025-10-02 | 33.08 |
| 2025-10-01 | 33.57 |
| 2025-09-30 | 34.12 |
| 2025-09-29 | 33.18 |
| 2025-09-26 | 32.80 |
| 2025-09-25 | 32.32 |
| 2025-09-24 | 31.73 |
| 2025-09-23 | 31.98 |
| 2025-09-22 | 31.77 |
| 2025-09-19 | 31.73 |
| 2025-09-18 | 31.59 |
| 2025-09-17 | 31.49 |
| 2025-09-16 | 31.76 |
| 2025-09-15 | 31.50 |
| 2025-09-12 | 31.20 |
| 2025-09-11 | 31.36 |
| 2025-09-10 | 30.80 |
| 2025-09-09 | 30.25 |
| 2025-09-08 | 30.60 |
| 2025-09-05 | 30.43 |
| 2025-09-04 | 30.50 |
| 2025-09-03 | 30.52 |
| 2025-09-02 | 30.74 |
| 2025-08-29 | 31.02 |
| 2025-08-28 | 30.95 |
Showing the most recent 260 of 4,907 data points. The chart above shows the full history.
