Basis: Latest stored market observation. 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 19.36 is in line with its 5-year average of 20.55, around the middle of its 5-year range (13.17–33.35).
As of Friday, September 4, 2026. 27.42% below its 12-month average of 26.67.
PE Ratio (19.36) = Close Price ($536.05) / Diluted TTM EPS ($27.69)
PE RATIO
19.36
PE RATIO AVG TTM
26.67
PE RATIO AVG 3Y
21.31
PE RATIO AVG 5Y
20.55
PE RATIO AVG 10Y
19.43
PE RATIO AVG 15Y
17.74
PE RATIO AVG 20Y
16.31
CURRENT VS TTM AVG
-27.42%
CURRENT VS 3Y AVG
-9.14%
CURRENT VS 5Y AVG
-5.80%
CURRENT VS 10Y AVG
-0.34%
CURRENT VS 15Y AVG
+9.13%
CURRENT VS 20Y AVG
+18.68%
SECTOR MEDIAN · INDUSTRIALS
29.31
median of 136 covered companies
CURRENT VS SECTOR MEDIAN
-33.96%
vs the sector median at left
Lockheed Martin Corporation
Market Cap
$123.72B
PE Ratio
19.36
TTM Avg
26.67
3Y Avg
21.31
5Y Avg
20.55
Market Cap
$120.98B
PE Ratio
33.79
TTM Avg
32.82
3Y Avg
28.67
5Y Avg
27.80
Market Cap
$96.43B
PE Ratio
21.90
TTM Avg
22.50
3Y Avg
21.74
5Y Avg
20.57
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lockheed Martin Corporation (LMT) | $123.72B | 19.36 | 26.67 | 21.31 | 20.55 |
| Parker-Hannifin Corporation (PH)vs › | $120.98B | 33.79 | 32.82 | 28.67 | 27.80 |
| Vertiv Holdings Co (VRT)vs › | $113.26B | 63.47 | 72.57 | 73.55 | 178.81 |
| Siemens Energy AG (SMEGF)vs › | $146.42B | 47.15 | 66.33 | 98.20 | 98.20 |
| Trane Technologies plc (TT)vs › | $98.47B | 33.96 | 33.94 | 33.27 | 30.49 |
| Quanta Services, Inc. (PWR)vs › | $97.41B | 71.52 | 77.95 | 60.33 | 53.17 |
| General Dynamics Corporation (GD)vs › | $96.43B | 21.90 | 22.50 | 21.74 | 20.57 |
| Howmet Aerospace Inc. (HWM)vs › | $95.03B | 55.88 | 60.87 | 48.88 | 46.97 |
| CSX Corporation (CSX)vs › | $91.23B | 28.56 | 25.92 | 20.92 | 19.85 |
| Safran S.A. (SAFRY)vs › | $160.18B | 19.94 | 17.95 | 18.87 | 313.40 |
At 19.4, P/E is above its 20-year median — higher than 73% of readings in its 20-year history.
20-year low
7.4
median
16.7
20-year high
52.8
Trailing P/E
19.4
Forward P/E
17.3
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$536.05
Forward EPS (Est.)
$30.43
Forward P/E
17.26
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 |
|---|---|
| 2026-09-04 | 19.36 |
| 2026-09-03 | 19.64 |
| 2026-09-02 | 19.59 |
| 2026-09-01 | 20.07 |
| 2026-08-31 | 20.69 |
| 2026-08-28 | 20.78 |
| 2026-08-27 | 20.86 |
| 2026-08-26 | 20.85 |
| 2026-08-25 | 20.51 |
| 2026-08-24 | 20.79 |
| 2026-08-21 | 20.77 |
| 2026-08-20 | 21.06 |
| 2026-08-19 | 21.72 |
| 2026-08-18 | 22.38 |
| 2026-08-17 | 21.88 |
| 2026-08-14 | 22.44 |
| 2026-08-13 | 22.04 |
| 2026-08-12 | 22.36 |
| 2026-08-11 | 22.03 |
| 2026-08-10 | 22.23 |
| 2026-08-07 | 21.67 |
| 2026-08-06 | 21.48 |
| 2026-08-05 | 21.29 |
| 2026-08-04 | 21.72 |
| 2026-08-03 | 21.61 |
| 2026-07-31 | 21.48 |
| 2026-07-30 | 21.16 |
| 2026-07-29 | 20.98 |
| 2026-07-28 | 21.43 |
| 2026-07-27 | 21.38 |
| 2026-07-24 | 21.47 |
| 2026-07-23 | 20.96 |
| 2026-07-22 | 24.91 |
| 2026-07-21 | 24.56 |
| 2026-07-20 | 24.68 |
| 2026-07-17 | 24.64 |
| 2026-07-16 | 24.87 |
| 2026-07-15 | 24.91 |
| 2026-07-14 | 24.94 |
| 2026-07-13 | 25.21 |
| 2026-07-10 | 25.34 |
| 2026-07-09 | 25.10 |
| 2026-07-08 | 25.57 |
| 2026-07-07 | 25.93 |
| 2026-07-06 | 26.05 |
| 2026-07-02 | 26.44 |
| 2026-07-01 | 25.27 |
| 2026-06-30 | 24.67 |
| 2026-06-29 | 24.31 |
| 2026-06-26 | 24.57 |
| 2026-06-25 | 24.46 |
| 2026-06-24 | 23.81 |
| 2026-06-23 | 24.39 |
| 2026-06-22 | 23.90 |
| 2026-06-18 | 24.74 |
| 2026-06-17 | 25.78 |
| 2026-06-16 | 25.95 |
| 2026-06-15 | 25.68 |
| 2026-06-12 | 26.17 |
| 2026-06-11 | 26.57 |
| 2026-06-10 | 25.42 |
| 2026-06-09 | 25.67 |
| 2026-06-08 | 25.18 |
| 2026-06-05 | 25.36 |
| 2026-06-04 | 25.14 |
| 2026-06-03 | 24.80 |
| 2026-06-02 | 24.86 |
| 2026-06-01 | 25.01 |
| 2026-05-29 | 25.69 |
| 2026-05-28 | 26.02 |
| 2026-05-27 | 25.72 |
| 2026-05-26 | 25.81 |
| 2026-05-22 | 25.82 |
| 2026-05-21 | 25.32 |
| 2026-05-20 | 25.31 |
| 2026-05-19 | 25.50 |
| 2026-05-18 | 25.58 |
| 2026-05-15 | 24.99 |
| 2026-05-14 | 25.20 |
| 2026-05-13 | 25.18 |
| 2026-05-12 | 25.23 |
| 2026-05-11 | 24.81 |
| 2026-05-08 | 24.53 |
| 2026-05-07 | 24.81 |
| 2026-05-06 | 24.90 |
| 2026-05-05 | 24.65 |
| 2026-05-04 | 25.09 |
| 2026-05-01 | 24.83 |
| 2026-04-30 | 25.08 |
| 2026-04-29 | 24.69 |
| 2026-04-28 | 24.81 |
| 2026-04-27 | 24.86 |
| 2026-04-24 | 24.86 |
| 2026-04-23 | 25.66 |
| 2026-04-22 | 25.85 |
| 2026-04-21 | 26.61 |
| 2026-04-20 | 27.05 |
| 2026-04-17 | 27.56 |
| 2026-04-16 | 28.27 |
| 2026-04-15 | 28.44 |
| 2026-04-14 | 28.46 |
| 2026-04-13 | 28.84 |
| 2026-04-10 | 28.56 |
| 2026-04-09 | 29.03 |
| 2026-04-08 | 29.25 |
| 2026-04-07 | 29.21 |
| 2026-04-06 | 29.68 |
| 2026-04-02 | 28.98 |
| 2026-04-01 | 28.74 |
| 2026-03-31 | 28.12 |
| 2026-03-30 | 27.85 |
| 2026-03-27 | 28.66 |
| 2026-03-26 | 29.19 |
| 2026-03-25 | 29.05 |
| 2026-03-24 | 28.39 |
| 2026-03-23 | 28.68 |
| 2026-03-20 | 29.20 |
| 2026-03-19 | 29.67 |
| 2026-03-18 | 29.89 |
| 2026-03-17 | 29.61 |
| 2026-03-16 | 30.02 |
| 2026-03-13 | 30.06 |
| 2026-03-12 | 30.38 |
| 2026-03-11 | 30.22 |
| 2026-03-10 | 30.30 |
| 2026-03-09 | 30.91 |
| 2026-03-06 | 31.26 |
| 2026-03-05 | 30.48 |
| 2026-03-04 | 30.92 |
| 2026-03-03 | 31.08 |
| 2026-03-02 | 31.49 |
| 2026-02-27 | 30.62 |
| 2026-02-26 | 29.86 |
| 2026-02-25 | 30.13 |
| 2026-02-24 | 30.92 |
| 2026-02-23 | 30.74 |
| 2026-02-20 | 30.63 |
| 2026-02-19 | 31.01 |
| 2026-02-18 | 30.24 |
| 2026-02-17 | 30.23 |
| 2026-02-13 | 30.37 |
| 2026-02-12 | 29.66 |
| 2026-02-11 | 29.26 |
| 2026-02-10 | 29.30 |
| 2026-02-09 | 29.70 |
| 2026-02-06 | 29.02 |
| 2026-02-05 | 28.35 |
| 2026-02-04 | 28.05 |
| 2026-02-03 | 29.23 |
| 2026-02-02 | 29.60 |
| 2026-01-30 | 29.51 |
| 2026-01-29 | 28.97 |
| 2026-01-28 | 33.35 |
| 2026-01-27 | 33.22 |
| 2026-01-26 | 32.48 |
| 2026-01-23 | 32.99 |
| 2026-01-22 | 33.16 |
| 2026-01-21 | 32.73 |
| 2026-01-20 | 32.16 |
| 2026-01-16 | 32.52 |
| 2026-01-15 | 32.27 |
| 2026-01-14 | 31.98 |
| 2026-01-13 | 31.17 |
| 2026-01-12 | 30.78 |
| 2026-01-09 | 30.31 |
| 2026-01-08 | 28.95 |
| 2026-01-07 | 27.74 |
| 2026-01-06 | 29.15 |
| 2026-01-05 | 28.56 |
| 2026-01-02 | 27.75 |
| 2025-12-31 | 27.01 |
| 2025-12-30 | 27.25 |
| 2025-12-29 | 27.30 |
| 2025-12-26 | 26.97 |
| 2025-12-24 | 27.12 |
| 2025-12-23 | 26.94 |
| 2025-12-22 | 27.00 |
| 2025-12-19 | 26.47 |
| 2025-12-18 | 26.25 |
| 2025-12-17 | 26.51 |
| 2025-12-16 | 26.64 |
| 2025-12-15 | 27.05 |
| 2025-12-12 | 26.81 |
| 2025-12-11 | 26.51 |
| 2025-12-10 | 26.13 |
| 2025-12-09 | 26.07 |
| 2025-12-08 | 25.98 |
| 2025-12-05 | 25.25 |
| 2025-12-04 | 25.03 |
| 2025-12-03 | 24.95 |
| 2025-12-02 | 24.67 |
| 2025-12-01 | 24.52 |
| 2025-11-28 | 25.56 |
| 2025-11-26 | 25.36 |
| 2025-11-25 | 25.26 |
| 2025-11-24 | 25.18 |
| 2025-11-21 | 25.73 |
| 2025-11-20 | 26.15 |
| 2025-11-19 | 26.24 |
| 2025-11-18 | 26.51 |
| 2025-11-17 | 26.29 |
| 2025-11-14 | 26.01 |
| 2025-11-13 | 25.45 |
| 2025-11-12 | 25.52 |
| 2025-11-11 | 25.52 |
| 2025-11-10 | 25.24 |
| 2025-11-07 | 25.59 |
| 2025-11-06 | 26.18 |
| 2025-11-05 | 26.42 |
| 2025-11-04 | 27.08 |
| 2025-11-03 | 27.24 |
| 2025-10-31 | 27.46 |
| 2025-10-30 | 27.34 |
| 2025-10-29 | 27.10 |
| 2025-10-28 | 27.12 |
| 2025-10-27 | 27.19 |
| 2025-10-24 | 27.10 |
| 2025-10-23 | 27.25 |
| 2025-10-22 | 27.20 |
| 2025-10-21 | 27.33 |
| 2025-10-20 | 28.49 |
| 2025-10-17 | 27.88 |
| 2025-10-16 | 27.77 |
| 2025-10-15 | 28.12 |
| 2025-10-14 | 28.44 |
| 2025-10-13 | 28.37 |
| 2025-10-10 | 28.44 |
| 2025-10-09 | 28.59 |
| 2025-10-08 | 28.94 |
| 2025-10-07 | 28.78 |
| 2025-10-06 | 28.95 |
| 2025-10-03 | 28.41 |
| 2025-10-02 | 28.12 |
| 2025-10-01 | 28.10 |
| 2025-09-30 | 28.11 |
| 2025-09-29 | 27.70 |
| 2025-09-26 | 27.45 |
| 2025-09-25 | 27.27 |
| 2025-09-24 | 27.38 |
| 2025-09-23 | 27.40 |
| 2025-09-22 | 27.05 |
| 2025-09-19 | 26.63 |
| 2025-09-18 | 26.67 |
| 2025-09-17 | 26.64 |
| 2025-09-16 | 26.71 |
| 2025-09-15 | 26.65 |
| 2025-09-12 | 26.54 |
| 2025-09-11 | 26.51 |
| 2025-09-10 | 26.12 |
| 2025-09-09 | 25.74 |
| 2025-09-08 | 25.85 |
| 2025-09-05 | 26.12 |
| 2025-09-04 | 25.72 |
| 2025-09-03 | 25.28 |
| 2025-09-02 | 25.48 |
| 2025-08-29 | 25.65 |
| 2025-08-28 | 25.69 |
| 2025-08-27 | 25.59 |
| 2025-08-26 | 25.65 |
| 2025-08-25 | 25.21 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.