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 33.15 is in line with its 5-year average of 30.50, around the middle of its 5-year range (20.13–40.06).
As of 2026-09-23T22:41:20.108Z. 2.39% below its 12-month average of 33.96.
Calculation as of: 2026-09-23T22:41:20.108Z.
Quote observation: 2026-09-23T19:59:59.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4965b4752716383b4830c6bf278907aa50b454138439131dee19f5db07f3a7a8
PE Ratio (33.15) = Close Price ($437.23) / Diluted TTM EPS ($13.19)
PE RATIO
33.15
PE RATIO AVG TTM
33.96
PE RATIO AVG 3Y
33.52
PE RATIO AVG 5Y
30.50
PE RATIO AVG 10Y
25.28
PE RATIO AVG 15Y
22.90
PE RATIO AVG 20Y
20.40
CURRENT VS TTM AVG
-2.39%
CURRENT VS 3Y AVG
-1.11%
CURRENT VS 5Y AVG
+8.67%
CURRENT VS 10Y AVG
+31.13%
CURRENT VS 15Y AVG
+44.75%
CURRENT VS 20Y AVG
+62.53%
SECTOR MEDIAN · INDUSTRIALS
29.25
median of 128 covered companies
CURRENT VS SECTOR MEDIAN
+13.31%
vs the sector median at left
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Trane Technologies plc (TT) | $96.20B | 33.15 | 33.96 | 33.52 | 30.50 |
| Vertiv Holdings Co (VRT)vs › | $95.78B | 56.29 | 72.87 | 73.67 | 178.84 |
| Quanta Services, Inc. (PWR)vs › | $95.45B | 72.73 | 78.36 | 60.50 | 53.35 |
| General Dynamics Corporation (GD)vs › | $92.89B | 20.92 | 22.51 | 21.77 | 20.59 |
| Howmet Aerospace Inc. (HWM)vs › | $91.54B | 49.31 | 60.94 | 49.02 | 47.05 |
| 3M Company (MMM)vs › | $87.83B | 30.25 | 27.24 | 29.50 | 21.19 |
| CSX Corporation (CSX)vs › | $87.42B | 27.28 | 26.09 | 20.99 | 19.88 |
| Emerson Electric Co. (EMR)vs › | $86.56B | 33.82 | 32.95 | 31.62 | 29.55 |
| Waste Management, Inc. (WM)vs › | $83.09B | 29.44 | 33.25 | 33.30 | 33.28 |
| United Parcel Service, Inc. (UPS)vs › | $81.39B | 17.81 | 16.05 | 16.89 | 17.12 |
At 33.1, P/E is above its 20-year median — higher than 85% of readings in its 20-year history.
20-year low
0.8
median
18.6
20-year high
50.8
Trailing P/E
33.1
Forward P/E
28.6
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$437.23
Forward EPS (Est.)
$15.27
Forward P/E
28.63
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 |
|---|---|
| 2026-09-09 | 33.67 |
| 2026-09-08 | 33.81 |
| 2026-09-04 | 33.96 |
| 2026-09-03 | 33.75 |
| 2026-09-02 | 33.28 |
| 2026-09-01 | 33.37 |
| 2026-08-31 | 33.69 |
| 2026-08-28 | 34.04 |
| 2026-08-27 | 34.44 |
| 2026-08-26 | 35.13 |
| 2026-08-25 | 34.51 |
| 2026-08-24 | 34.34 |
| 2026-08-21 | 34.38 |
| 2026-08-20 | 34.20 |
| 2026-08-19 | 34.53 |
| 2026-08-18 | 35.13 |
| 2026-08-17 | 36.04 |
| 2026-08-14 | 36.41 |
| 2026-08-13 | 36.22 |
| 2026-08-12 | 36.28 |
| 2026-08-11 | 36.69 |
| 2026-08-10 | 36.16 |
| 2026-08-07 | 36.57 |
| 2026-08-06 | 36.29 |
| 2026-08-05 | 36.66 |
| 2026-08-04 | 35.80 |
| 2026-08-03 | 34.97 |
| 2026-07-31 | 34.49 |
| 2026-07-30 | 34.05 |
| 2026-07-29 | 34.56 |
| 2026-07-28 | 36.35 |
| 2026-07-27 | 37.38 |
| 2026-07-24 | 37.20 |
| 2026-07-23 | 37.10 |
| 2026-07-22 | 36.63 |
| 2026-07-21 | 36.34 |
| 2026-07-20 | 36.21 |
| 2026-07-17 | 36.35 |
| 2026-07-16 | 36.74 |
| 2026-07-15 | 37.14 |
| 2026-07-14 | 37.40 |
| 2026-07-13 | 37.12 |
| 2026-07-10 | 37.10 |
| 2026-07-09 | 36.50 |
| 2026-07-08 | 36.53 |
| 2026-07-07 | 36.79 |
| 2026-07-06 | 37.68 |
| 2026-07-02 | 36.98 |
| 2026-07-01 | 37.48 |
| 2026-06-30 | 37.99 |
| 2026-06-29 | 37.15 |
| 2026-06-26 | 36.96 |
| 2026-06-25 | 38.94 |
| 2026-06-24 | 37.37 |
| 2026-06-23 | 36.69 |
| 2026-06-22 | 38.02 |
| 2026-06-18 | 37.39 |
| 2026-06-17 | 36.54 |
| 2026-06-16 | 36.76 |
| 2026-06-15 | 36.55 |
| 2026-06-12 | 35.44 |
| 2026-06-11 | 35.59 |
| 2026-06-10 | 34.73 |
| 2026-06-09 | 36.41 |
| 2026-06-08 | 35.49 |
| 2026-06-05 | 35.33 |
| 2026-06-04 | 35.87 |
| 2026-06-03 | 36.03 |
| 2026-06-02 | 35.49 |
| 2026-06-01 | 34.68 |
| 2026-05-29 | 34.90 |
| 2026-05-28 | 34.98 |
| 2026-05-27 | 35.40 |
| 2026-05-26 | 35.69 |
| 2026-05-22 | 34.88 |
| 2026-05-21 | 34.62 |
| 2026-05-20 | 34.93 |
| 2026-05-19 | 34.65 |
| 2026-05-18 | 35.61 |
| 2026-05-15 | 36.09 |
| 2026-05-14 | 37.25 |
| 2026-05-13 | 36.43 |
| 2026-05-12 | 36.17 |
| 2026-05-11 | 36.85 |
| 2026-05-08 | 36.05 |
| 2026-05-07 | 36.33 |
| 2026-05-06 | 37.76 |
| 2026-05-05 | 36.93 |
| 2026-05-04 | 37.63 |
| 2026-05-01 | 37.62 |
| 2026-04-30 | 37.95 |
| 2026-04-29 | 36.93 |
| 2026-04-28 | 37.04 |
| 2026-04-27 | 37.43 |
| 2026-04-24 | 37.47 |
| 2026-04-23 | 37.41 |
| 2026-04-22 | 36.76 |
| 2026-04-21 | 36.91 |
| 2026-04-20 | 36.77 |
| 2026-04-17 | 36.68 |
| 2026-04-16 | 35.46 |
| 2026-04-15 | 35.64 |
| 2026-04-14 | 36.25 |
| 2026-04-13 | 36.44 |
| 2026-04-10 | 35.88 |
| 2026-04-09 | 35.45 |
| 2026-04-08 | 34.63 |
| 2026-04-07 | 33.27 |
| 2026-04-06 | 33.20 |
| 2026-04-02 | 32.90 |
| 2026-04-01 | 32.98 |
| 2026-03-31 | 32.11 |
| 2026-03-30 | 31.12 |
| 2026-03-27 | 31.60 |
| 2026-03-26 | 31.37 |
| 2026-03-25 | 33.44 |
| 2026-03-24 | 33.13 |
| 2026-03-23 | 32.74 |
| 2026-03-20 | 31.61 |
| 2026-03-19 | 32.59 |
| 2026-03-18 | 32.87 |
| 2026-03-17 | 32.77 |
| 2026-03-16 | 32.47 |
| 2026-03-13 | 32.54 |
| 2026-03-12 | 32.50 |
| 2026-03-11 | 33.31 |
| 2026-03-10 | 33.41 |
| 2026-03-09 | 32.94 |
| 2026-03-06 | 32.60 |
| 2026-03-05 | 33.62 |
| 2026-03-04 | 34.29 |
| 2026-03-03 | 34.35 |
| 2026-03-02 | 35.91 |
| 2026-02-27 | 35.62 |
| 2026-02-26 | 35.22 |
| 2026-02-25 | 35.44 |
| 2026-02-24 | 35.73 |
| 2026-02-23 | 35.43 |
| 2026-02-20 | 35.99 |
| 2026-02-19 | 35.72 |
| 2026-02-18 | 35.40 |
| 2026-02-17 | 36.24 |
| 2026-02-13 | 35.85 |
| 2026-02-12 | 35.47 |
| 2026-02-11 | 36.41 |
| 2026-02-10 | 35.55 |
| 2026-02-09 | 35.42 |
| 2026-02-06 | 35.04 |
| 2026-02-05 | 33.55 |
| 2026-02-04 | 33.94 |
| 2026-02-03 | 33.49 |
| 2026-02-02 | 32.70 |
| 2026-01-30 | 32.35 |
| 2026-01-29 | 32.77 |
| 2026-01-28 | 30.32 |
| 2026-01-27 | 30.18 |
| 2026-01-26 | 30.32 |
| 2026-01-23 | 29.71 |
| 2026-01-22 | 30.01 |
| 2026-01-21 | 30.41 |
| 2026-01-20 | 29.79 |
| 2026-01-16 | 29.96 |
| 2026-01-15 | 29.79 |
| 2026-01-14 | 29.68 |
| 2026-01-13 | 30.08 |
| 2026-01-12 | 29.65 |
| 2026-01-09 | 29.36 |
| 2026-01-08 | 29.10 |
| 2026-01-07 | 28.96 |
| 2026-01-06 | 29.32 |
| 2026-01-05 | 30.07 |
| 2026-01-02 | 30.62 |
| 2025-12-31 | 29.94 |
| 2025-12-30 | 30.13 |
| 2025-12-29 | 30.32 |
| 2025-12-26 | 30.20 |
| 2025-12-24 | 30.24 |
| 2025-12-23 | 30.29 |
| 2025-12-22 | 29.99 |
| 2025-12-19 | 29.99 |
| 2025-12-18 | 29.63 |
| 2025-12-17 | 29.41 |
| 2025-12-16 | 30.46 |
| 2025-12-15 | 30.37 |
| 2025-12-12 | 30.09 |
| 2025-12-11 | 31.03 |
| 2025-12-10 | 30.70 |
| 2025-12-09 | 30.69 |
| 2025-12-08 | 30.56 |
| 2025-12-05 | 30.88 |
| 2025-12-04 | 31.18 |
| 2025-12-03 | 31.47 |
| 2025-12-02 | 31.63 |
| 2025-12-01 | 31.55 |
| 2025-11-28 | 32.42 |
| 2025-11-26 | 32.28 |
| 2025-11-25 | 32.22 |
| 2025-11-24 | 31.53 |
| 2025-11-21 | 31.55 |
| 2025-11-20 | 30.77 |
| 2025-11-19 | 31.29 |
| 2025-11-18 | 31.31 |
| 2025-11-17 | 31.83 |
| 2025-11-14 | 32.17 |
| 2025-11-13 | 31.91 |
| 2025-11-12 | 32.44 |
| 2025-11-11 | 32.43 |
| 2025-11-10 | 33.35 |
| 2025-11-07 | 33.42 |
| 2025-11-06 | 33.51 |
| 2025-11-05 | 33.55 |
| 2025-11-04 | 33.31 |
| 2025-11-03 | 34.33 |
| 2025-10-31 | 34.51 |
| 2025-10-30 | 35.40 |
| 2025-10-29 | 33.90 |
| 2025-10-28 | 33.81 |
| 2025-10-27 | 33.96 |
| 2025-10-24 | 33.77 |
| 2025-10-23 | 32.98 |
| 2025-10-22 | 32.39 |
| 2025-10-21 | 33.64 |
| 2025-10-20 | 33.18 |
| 2025-10-17 | 32.98 |
| 2025-10-16 | 32.98 |
| 2025-10-15 | 33.50 |
| 2025-10-14 | 33.63 |
| 2025-10-13 | 33.21 |
| 2025-10-10 | 32.84 |
| 2025-10-09 | 33.20 |
| 2025-10-08 | 33.81 |
| 2025-10-07 | 33.55 |
| 2025-10-06 | 33.69 |
| 2025-10-03 | 33.63 |
| 2025-10-02 | 33.59 |
| 2025-10-01 | 33.74 |
| 2025-09-30 | 33.46 |
| 2025-09-29 | 32.86 |
| 2025-09-26 | 32.93 |
| 2025-09-25 | 32.23 |
| 2025-09-24 | 32.05 |
| 2025-09-23 | 32.13 |
| 2025-09-22 | 32.33 |
| 2025-09-19 | 32.24 |
| 2025-09-18 | 31.92 |
| 2025-09-17 | 31.64 |
| 2025-09-16 | 31.72 |
| 2025-09-15 | 31.91 |
| 2025-09-12 | 31.78 |
| 2025-09-11 | 32.90 |
| 2025-09-10 | 33.09 |
| 2025-09-09 | 32.47 |
| 2025-09-08 | 32.90 |
| 2025-09-05 | 32.82 |
| 2025-09-04 | 32.76 |
| 2025-09-03 | 32.38 |
| 2025-09-02 | 32.59 |
| 2025-08-29 | 32.96 |
| 2025-08-28 | 33.66 |
| 2025-08-27 | 33.64 |
Showing the most recent 260 of 4,740 data points. The chart above shows the full history.