Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 65.53.
Forward PE Ratio (65.53) = Close Price ($505.43) / Consensus Forward EPS ($7.71)
FORWARD PE RATIO
65.53
SECTOR MEDIAN · INDUSTRIALS
24.20
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
+170.73%
vs the sector median at left
Axon Enterprise, Inc.
Market Cap
$40.74B
Forward PE Ratio
65.53
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Axon Enterprise, Inc. (AXON) | $40.74B | 65.53 |
| Waste Connections, Inc. (WCN)vs › | $41.12B | 28.75 |
| Paychex, Inc. (PAYX)vs › | $41.59B | 21.29 |
| Ferrovial SE (FER)vs › | $42.06B | 58.67 |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $38.89B | 32.11 |
| Thomson Reuters Corporation (TRI)vs › | $43.13B | 23.59 |
| Rocket Lab USA, Inc. (RKLB)vs › | $38.13B | N/A |
| Ferguson plc (FERG)vs › | $43.89B | 20.09 |
| HEICO Corporation (HEI)vs › | $44.04B | 51.78 |
| HEICO Corporation (HEI-A)vs › | $45.27B | 37.40 |
Trailing P/E
209.5
reported TTM EPS
Forward P/E
65.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $7.71 implies +219.9% EPS growth vs the reported trailing $2.41.
At today's $505.43 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 | $7.71 | $6.19 – $8.61 | 11 | 65.5x |
| 2027-12-31 | $10.63 | $8.59 – $12.30 | 12 | 47.6x |
| 2028-12-31 | $13.97 | $13.28 – $14.91 | 3 | 36.2x |
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
