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 29.85 is 37% below its 5-year average of 47.22, near the low end of its 5-year range (23.63–67.55).
As of 2026-10-02T22:30:48.151Z. 9.35% below its 12-month average of 32.93.
Calculation as of: 2026-10-02T22:30:48.151Z.
Quote observation: 2026-10-02T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 173ef28cbeebaffb3d2d53fbaf508da0bc70a2d292dd2229ee7d311a97cf0060
PE Ratio (29.85) = Close Price ($127.77) / Diluted TTM EPS ($4.28)
PE RATIO
29.85
PE RATIO AVG TTM
32.93
PE RATIO AVG 3Y
45.00
PE RATIO AVG 5Y
47.22
PE RATIO AVG 10Y
46.16
PE RATIO AVG 15Y
40.17
PE RATIO AVG 20Y
37.62
CURRENT VS TTM AVG
-9.35%
CURRENT VS 3Y AVG
-33.67%
CURRENT VS 5Y AVG
-36.79%
CURRENT VS 10Y AVG
-35.34%
CURRENT VS 15Y AVG
-25.69%
CURRENT VS 20Y AVG
-20.66%
SECTOR MEDIAN · INDUSTRIALS
28.95
median of 132 covered companies
CURRENT VS SECTOR MEDIAN
+3.11%
vs the sector median at left
Market Cap
$3.91B
PE Ratio
24.60
TTM Avg
37.44
3Y Avg
41.68
5Y Avg
37.26
Market Cap
$3.38B
PE Ratio
20.34
TTM Avg
24.74
3Y Avg
50.55
5Y Avg
68.90
Market Cap
$4.29B
PE Ratio
31.13
TTM Avg
27.49
3Y Avg
22.54
5Y Avg
17.92
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Badger Meter, Inc. (BMI) | $3.70B | 29.85 | 32.93 | 45.00 | 47.22 |
| Firefly Aerospace Inc. (FLY)vs › | $3.83B | N/A | N/A | N/A | N/A |
| Teekay Tankers Ltd. (TNK)vs › | $3.57B | 6.08 | 6.45 | 4.87 | 7.55 |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $3.91B | 24.60 | 37.44 | 41.68 | 37.26 |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.38B | 20.34 | 24.74 | 50.55 | 68.90 |
| Exponent, Inc. (EXPO)vs › | $3.26B | 30.18 | 32.02 | 39.36 | 44.16 |
| Atkore Inc. (ATKR)vs › | $3.20B | N/A | 12.53 | 9.27 | 9.41 |
| Primoris Services Corporation (PRIM)vs › | $4.29B | 31.13 | 27.49 | 22.54 | 17.92 |
| CECO Environmental Corp. (CECO)vs › | $4.30B | N/A | 78.55 | 64.66 | 66.29 |
| KBR, Inc. (KBR)vs › | $4.32B | 10.31 | 12.73 | 19.57 | 57.80 |
At 29.9, P/E is below its 20-year median — higher than 33% of readings in its 20-year history.
20-year low
13.0
median
36.3
20-year high
87.1
Trailing P/E
29.9
Forward P/E
28.7
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$127.77
Forward EPS (Est.)
$4.45
Forward P/E
28.70
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 |
|---|---|
| 2026-10-02 | 29.85 |
| 2026-10-01 | 29.99 |
| 2026-09-30 | 28.86 |
| 2026-09-29 | 29.44 |
| 2026-09-28 | 29.56 |
| 2026-09-25 | 30.25 |
| 2026-09-24 | 30.51 |
| 2026-09-23 | 31.07 |
| 2026-09-22 | 30.90 |
| 2026-09-21 | 30.72 |
| 2026-09-18 | 31.02 |
| 2026-09-17 | 29.82 |
| 2026-09-16 | 29.79 |
| 2026-09-15 | 29.46 |
| 2026-09-14 | 29.72 |
| 2026-09-11 | 29.24 |
| 2026-09-10 | 29.21 |
| 2026-09-09 | 29.87 |
| 2026-09-08 | 30.05 |
| 2026-09-04 | 30.96 |
| 2026-09-03 | 31.78 |
| 2026-09-02 | 30.98 |
| 2026-09-01 | 30.90 |
| 2026-08-31 | 31.65 |
| 2026-08-28 | 31.68 |
| 2026-08-27 | 32.28 |
| 2026-08-26 | 32.04 |
| 2026-08-25 | 31.86 |
| 2026-08-24 | 31.73 |
| 2026-08-21 | 30.80 |
| 2026-08-20 | 29.94 |
| 2026-08-19 | 30.59 |
| 2026-08-18 | 29.41 |
| 2026-08-17 | 30.07 |
| 2026-08-14 | 30.57 |
| 2026-08-13 | 30.47 |
| 2026-08-12 | 31.49 |
| 2026-08-11 | 31.70 |
| 2026-08-10 | 31.88 |
| 2026-08-07 | 32.44 |
| 2026-08-06 | 32.05 |
| 2026-08-05 | 32.58 |
| 2026-08-04 | 32.77 |
| 2026-08-03 | 32.00 |
| 2026-07-31 | 31.39 |
| 2026-07-30 | 30.46 |
| 2026-07-29 | 31.20 |
| 2026-07-28 | 31.44 |
| 2026-07-27 | 29.90 |
| 2026-07-24 | 29.51 |
| 2026-07-23 | 27.81 |
| 2026-07-22 | 28.59 |
| 2026-07-21 | 32.93 |
| 2026-07-20 | 33.48 |
| 2026-07-17 | 33.74 |
| 2026-07-16 | 34.12 |
| 2026-07-15 | 32.55 |
| 2026-07-14 | 31.93 |
| 2026-07-13 | 31.63 |
| 2026-07-10 | 32.55 |
| 2026-07-09 | 32.72 |
| 2026-07-08 | 32.61 |
| 2026-07-07 | 33.20 |
| 2026-07-06 | 33.81 |
| 2026-07-02 | 32.93 |
| 2026-07-01 | 33.01 |
| 2026-06-30 | 33.49 |
| 2026-06-29 | 31.30 |
| 2026-06-26 | 31.80 |
| 2026-06-25 | 31.81 |
| 2026-06-24 | 30.15 |
| 2026-06-23 | 28.85 |
| 2026-06-22 | 30.43 |
| 2026-06-18 | 30.59 |
| 2026-06-17 | 30.40 |
| 2026-06-16 | 30.56 |
| 2026-06-15 | 30.34 |
| 2026-06-12 | 29.74 |
| 2026-06-11 | 29.46 |
| 2026-06-10 | 28.99 |
| 2026-06-09 | 29.47 |
| 2026-06-08 | 29.42 |
| 2026-06-05 | 28.56 |
| 2026-06-04 | 28.89 |
| 2026-06-03 | 29.30 |
| 2026-06-02 | 28.36 |
| 2026-06-01 | 27.66 |
| 2026-05-29 | 27.97 |
| 2026-05-28 | 28.16 |
| 2026-05-27 | 28.34 |
| 2026-05-26 | 28.71 |
| 2026-05-22 | 28.41 |
| 2026-05-21 | 27.14 |
| 2026-05-20 | 26.65 |
| 2026-05-19 | 26.90 |
| 2026-05-18 | 26.85 |
| 2026-05-15 | 25.79 |
| 2026-05-14 | 26.53 |
| 2026-05-13 | 26.20 |
| 2026-05-12 | 25.97 |
| 2026-05-11 | 26.34 |
| 2026-05-08 | 26.75 |
| 2026-05-07 | 27.67 |
| 2026-05-06 | 27.93 |
| 2026-05-05 | 27.33 |
| 2026-05-04 | 27.09 |
| 2026-05-01 | 27.53 |
| 2026-04-30 | 27.29 |
| 2026-04-29 | 26.60 |
| 2026-04-28 | 26.73 |
| 2026-04-27 | 27.76 |
| 2026-04-24 | 27.50 |
| 2026-04-23 | 27.77 |
| 2026-04-22 | 27.89 |
| 2026-04-21 | 27.29 |
| 2026-04-20 | 23.63 |
| 2026-04-17 | 24.07 |
| 2026-04-16 | 31.73 |
| 2026-04-15 | 32.71 |
| 2026-04-14 | 33.61 |
| 2026-04-13 | 33.54 |
| 2026-04-10 | 32.34 |
| 2026-04-09 | 32.38 |
| 2026-04-08 | 32.14 |
| 2026-04-07 | 31.65 |
| 2026-04-06 | 32.38 |
| 2026-04-02 | 32.65 |
| 2026-04-01 | 32.13 |
| 2026-03-31 | 31.74 |
| 2026-03-30 | 30.85 |
| 2026-03-27 | 30.38 |
| 2026-03-26 | 31.50 |
| 2026-03-25 | 31.95 |
| 2026-03-24 | 31.38 |
| 2026-03-23 | 32.05 |
| 2026-03-20 | 30.82 |
| 2026-03-19 | 30.92 |
| 2026-03-18 | 30.81 |
| 2026-03-17 | 31.25 |
| 2026-03-16 | 31.64 |
| 2026-03-13 | 30.54 |
| 2026-03-12 | 30.06 |
| 2026-03-11 | 30.59 |
| 2026-03-10 | 30.67 |
| 2026-03-09 | 31.15 |
| 2026-03-06 | 31.01 |
| 2026-03-05 | 30.42 |
| 2026-03-04 | 31.06 |
| 2026-03-03 | 30.99 |
| 2026-03-02 | 31.71 |
| 2026-02-27 | 31.76 |
| 2026-02-26 | 32.54 |
| 2026-02-25 | 32.46 |
| 2026-02-24 | 32.99 |
| 2026-02-23 | 32.54 |
| 2026-02-20 | 33.20 |
| 2026-02-19 | 33.73 |
| 2026-02-18 | 32.96 |
| 2026-02-17 | 33.87 |
| 2026-02-13 | 32.95 |
| 2026-02-12 | 33.70 |
| 2026-02-11 | 33.39 |
| 2026-02-10 | 32.56 |
| 2026-02-09 | 32.04 |
| 2026-02-06 | 32.18 |
| 2026-02-05 | 31.04 |
| 2026-02-04 | 31.13 |
| 2026-02-03 | 31.37 |
| 2026-02-02 | 32.30 |
| 2026-01-30 | 31.19 |
| 2026-01-29 | 30.73 |
| 2026-01-28 | 31.13 |
| 2026-01-27 | 34.98 |
| 2026-01-26 | 36.94 |
| 2026-01-23 | 36.07 |
| 2026-01-22 | 36.62 |
| 2026-01-21 | 36.20 |
| 2026-01-20 | 35.27 |
| 2026-01-16 | 36.53 |
| 2026-01-15 | 36.29 |
| 2026-01-14 | 36.38 |
| 2026-01-13 | 36.55 |
| 2026-01-12 | 36.52 |
| 2026-01-09 | 37.15 |
| 2026-01-08 | 37.04 |
| 2026-01-07 | 35.47 |
| 2026-01-06 | 38.69 |
| 2026-01-05 | 37.67 |
| 2026-01-02 | 37.53 |
| 2025-12-31 | 37.11 |
| 2025-12-30 | 37.92 |
| 2025-12-29 | 38.24 |
| 2025-12-26 | 38.46 |
| 2025-12-24 | 38.84 |
| 2025-12-23 | 38.57 |
| 2025-12-22 | 38.97 |
| 2025-12-19 | 38.65 |
| 2025-12-18 | 38.86 |
| 2025-12-17 | 38.48 |
| 2025-12-16 | 39.16 |
| 2025-12-15 | 39.05 |
| 2025-12-12 | 39.32 |
| 2025-12-11 | 38.80 |
| 2025-12-10 | 37.75 |
| 2025-12-09 | 37.45 |
| 2025-12-08 | 37.74 |
| 2025-12-05 | 38.33 |
| 2025-12-04 | 37.83 |
| 2025-12-03 | 37.94 |
| 2025-12-02 | 37.15 |
| 2025-12-01 | 36.87 |
| 2025-11-28 | 37.99 |
| 2025-11-26 | 37.64 |
| 2025-11-25 | 38.85 |
| 2025-11-24 | 37.83 |
| 2025-11-21 | 37.76 |
| 2025-11-20 | 35.78 |
| 2025-11-19 | 35.97 |
| 2025-11-18 | 36.60 |
| 2025-11-17 | 37.15 |
| 2025-11-14 | 37.43 |
| 2025-11-13 | 37.83 |
| 2025-11-12 | 39.54 |
| 2025-11-11 | 39.47 |
| 2025-11-10 | 39.89 |
| 2025-11-07 | 39.97 |
| 2025-11-06 | 39.73 |
| 2025-11-05 | 39.61 |
| 2025-11-04 | 38.95 |
| 2025-11-03 | 38.71 |
| 2025-10-31 | 38.39 |
| 2025-10-30 | 38.54 |
| 2025-10-29 | 38.94 |
| 2025-10-28 | 39.47 |
| 2025-10-27 | 38.97 |
| 2025-10-24 | 39.85 |
| 2025-10-23 | 39.71 |
| 2025-10-22 | 39.78 |
| 2025-10-21 | 38.64 |
| 2025-10-20 | 40.83 |
| 2025-10-17 | 39.20 |
| 2025-10-16 | 38.76 |
| 2025-10-15 | 39.27 |
| 2025-10-14 | 38.99 |
| 2025-10-13 | 38.61 |
| 2025-10-10 | 37.67 |
| 2025-10-09 | 37.83 |
| 2025-10-08 | 39.05 |
| 2025-10-07 | 38.97 |
| 2025-10-06 | 39.42 |
| 2025-10-03 | 39.44 |
| 2025-10-02 | 39.16 |
| 2025-10-01 | 38.49 |
| 2025-09-30 | 38.91 |
| 2025-09-29 | 38.57 |
| 2025-09-26 | 38.43 |
| 2025-09-25 | 38.12 |
| 2025-09-24 | 37.54 |
| 2025-09-23 | 38.22 |
| 2025-09-22 | 38.61 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.