Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 11.86.
Forward PE Ratio (11.86) = Close Price ($40.38) / Consensus Forward EPS ($3.40)
FORWARD PE RATIO
11.86
SECTOR MEDIAN · INDUSTRIALS
24.18
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
-50.96%
vs the sector median at left
Southwest Airlines Co.
Market Cap
$19.75B
Forward PE Ratio
11.86
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Southwest Airlines Co. (LUV) | $19.75B | 11.86 |
| Snap-on Incorporated (SNA)vs › | $20.35B | 20.58 |
| Nordson Corporation (NDSN)vs › | $18.51B | 27.94 |
| MasTec, Inc. (MTZ)vs › | $21.38B | 28.50 |
| Rollins, Inc. (ROL)vs › | $17.76B | 32.31 |
| Jacobs Solutions Inc. (J)vs › | $17.72B | 20.68 |
| IDEX Corporation (IEX)vs › | $17.28B | 26.62 |
| WESCO International, Inc. (WCC)vs › | $17.01B | 20.75 |
| Equifax Inc. (EFX)vs › | $22.63B | 22.50 |
| C.H. Robinson Worldwide, Inc. (CHRW)vs › | $16.69B | 22.73 |
Trailing P/E
24.8
reported TTM EPS
Forward P/E
11.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.40 implies +108.6% EPS growth vs the reported trailing $1.63.
At today's $40.38 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 | $3.40 | $3.05 – $4.04 | 14 | 11.9x |
| 2027-12-31 | $4.87 | $3.99 – $6.95 | 15 | 8.3x |
| 2028-12-31 | $5.40 | $4.45 – $6.48 | 8 | 7.5x |
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
