Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 22.54.
Forward PE Ratio (22.54) = Close Price ($98.77) / Consensus Forward EPS ($4.38)
FORWARD PE RATIO
22.54
SECTOR MEDIAN · INDUSTRIALS
24.18
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
-6.80%
vs the sector median at left
Veralto Corporation
Market Cap
$24.08B
Forward PE Ratio
22.54
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Veralto Corporation (VLTO) | $24.08B | 22.54 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.56B | 24.38 |
| nVent Electric plc (NVT)vs › | $24.58B | 29.86 |
| Curtiss-Wright Corporation (CW)vs › | $23.46B | 41.50 |
| Hubbell Incorporated (HUBB)vs › | $24.83B | 23.03 |
| XPO Logistics, Inc. (XPO)vs › | $23.15B | 36.07 |
| Equifax Inc. (EFX)vs › | $22.63B | 22.50 |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.87B | 35.15 |
| Xylem Inc. (XYL)vs › | $26.48B | 20.02 |
| MasTec, Inc. (MTZ)vs › | $21.38B | 28.50 |
Trailing P/E
24.9
reported TTM EPS
Forward P/E
22.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.38 implies +10.6% EPS growth vs the reported trailing $3.96.
At today's $98.77 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 | $4.38 | $4.31 – $4.41 | 9 | 22.5x |
| 2027-12-31 | $4.78 | $4.69 – $4.84 | 9 | 20.7x |
| 2028-12-31 | $5.25 | $5.17 – $5.30 | 3 | 18.8x |
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