Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 22.23.
Forward PE Ratio (22.23) = Close Price ($1098.51) / Consensus Forward EPS ($49.43)
FORWARD PE RATIO
22.23
SECTOR MEDIAN · INDUSTRIALS
24.18
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
-8.08%
vs the sector median at left
United Rentals, Inc.
Market Cap
$68.37B
Forward PE Ratio
22.23
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| United Rentals, Inc. (URI) | $68.37B | 22.23 |
| Honeywell International Inc. (HON)vs › | $68.43B | 25.93 |
| Republic Services, Inc. (RSG)vs › | $67.89B | 30.33 |
| PACCAR Inc (PCAR)vs › | $68.97B | 22.11 |
| TransDigm Group Incorporated (TDG)vs › | $67.14B | 29.23 |
| W.W. Grainger, Inc. (GWW)vs › | $61.95B | 28.23 |
| FedEx Corporation (FDX)vs › | $76.91B | 16.37 |
| Bloom Energy Corporation (BE)vs › | $59.33B | 75.81 |
| Fastenal Company (FAST)vs › | $58.82B | 40.51 |
| Northrop Grumman Corporation (NOC)vs › | $78.28B | 19.04 |
Trailing P/E
26.6
reported TTM EPS
Forward P/E
22.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $49.43 implies +19.7% EPS growth vs the reported trailing $41.30.
At today's $1098.51 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 | $49.43 | $47.04 – $51.74 | 15 | 22.2x |
| 2027-12-31 | $57.18 | $54.44 – $63.90 | 15 | 19.2x |
| 2028-12-31 | $65.08 | $58.38 – $71.21 | 9 | 16.9x |
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