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 28.18 is 43% above its 5-year average of 19.76, near the high end of its 5-year range (14.47–31.22).
As of 2026-09-11T15:20:47.863Z. 8.16% above its 12-month average of 26.05.
Calculation as of: 2026-09-11T15:20:47.863Z.
Quote observation: 2026-09-11T15:20:26.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4366301109c8cfb2b763c36a9c79427819c0955e0bd52e9569bae30e3000b2e6
PE Ratio (28.18) = Close Price ($48.76) / Diluted TTM EPS ($1.73)
PE RATIO
28.18
PE RATIO AVG TTM
26.05
PE RATIO AVG 3Y
20.98
PE RATIO AVG 5Y
19.76
PE RATIO AVG 10Y
19.14
PE RATIO AVG 15Y
17.58
PE RATIO AVG 20Y
16.29
CURRENT VS TTM AVG
+8.16%
CURRENT VS 3Y AVG
+34.31%
CURRENT VS 5Y AVG
+42.60%
CURRENT VS 10Y AVG
+47.24%
CURRENT VS 15Y AVG
+60.29%
CURRENT VS 20Y AVG
+72.99%
SECTOR MEDIAN · INDUSTRIALS
29.45
median of 126 covered companies
CURRENT VS SECTOR MEDIAN
-4.31%
vs the sector median at left
Market Cap
$95.65B
PE Ratio
21.54
TTM Avg
22.51
3Y Avg
21.77
5Y Avg
20.59
Market Cap
$84.26B
PE Ratio
18.44
TTM Avg
16.05
3Y Avg
16.89
5Y Avg
17.12
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CSX Corporation (CSX) | $90.32B | 28.18 | 26.05 | 20.98 | 19.76 |
| Howmet Aerospace Inc. (HWM)vs › | $91.93B | 49.52 | 60.95 | 49.02 | 47.05 |
| Waste Management, Inc. (WM)vs › | $85.39B | 30.26 | 33.25 | 33.30 | 33.28 |
| General Dynamics Corporation (GD)vs › | $95.65B | 21.54 | 22.51 | 21.77 | 20.59 |
| Emerson Electric Co. (EMR)vs › | $84.40B | 32.97 | 32.93 | 31.62 | 29.55 |
| 3M Company (MMM)vs › | $84.33B | 29.04 | 27.21 | 29.50 | 21.17 |
| United Parcel Service, Inc. (UPS)vs › | $84.26B | 18.44 | 16.05 | 16.89 | 17.12 |
| Trane Technologies plc (TT)vs › | $97.58B | 33.62 | 33.96 | 33.34 | 30.50 |
| Quanta Services, Inc. (PWR)vs › | $97.89B | 74.58 | 78.25 | 60.47 | 53.28 |
| Vertiv Holdings Co (VRT)vs › | $99.06B | 58.21 | 72.87 | 73.67 | 178.84 |
At 28.2, P/E is above its 20-year median — higher than 96% of readings in its 20-year history.
20-year low
6.4
median
16.5
20-year high
31.2
Trailing P/E
28.2
Forward P/E
24.3
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$48.76
Forward EPS (Est.)
$2.01
Forward P/E
24.28
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 |
|---|---|
| 2026-09-10 | 28.35 |
| 2026-09-09 | 27.96 |
| 2026-09-08 | 28.32 |
| 2026-09-04 | 28.56 |
| 2026-09-03 | 28.32 |
| 2026-09-02 | 28.12 |
| 2026-09-01 | 28.15 |
| 2026-08-31 | 29.20 |
| 2026-08-28 | 29.64 |
| 2026-08-27 | 29.79 |
| 2026-08-26 | 29.92 |
| 2026-08-25 | 29.77 |
| 2026-08-24 | 29.73 |
| 2026-08-21 | 29.82 |
| 2026-08-20 | 29.46 |
| 2026-08-19 | 29.29 |
| 2026-08-18 | 29.04 |
| 2026-08-17 | 29.24 |
| 2026-08-14 | 28.99 |
| 2026-08-13 | 28.98 |
| 2026-08-12 | 28.95 |
| 2026-08-11 | 28.87 |
| 2026-08-10 | 28.97 |
| 2026-08-07 | 29.06 |
| 2026-08-06 | 29.31 |
| 2026-08-05 | 29.55 |
| 2026-08-04 | 29.50 |
| 2026-08-03 | 28.80 |
| 2026-07-31 | 29.13 |
| 2026-07-30 | 29.01 |
| 2026-07-29 | 29.33 |
| 2026-07-28 | 29.39 |
| 2026-07-27 | 29.94 |
| 2026-07-24 | 30.77 |
| 2026-07-23 | 30.53 |
| 2026-07-22 | 30.63 |
| 2026-07-21 | 30.61 |
| 2026-07-20 | 30.74 |
| 2026-07-17 | 31.13 |
| 2026-07-16 | 31.22 |
| 2026-07-15 | 30.33 |
| 2026-07-14 | 30.63 |
| 2026-07-13 | 30.45 |
| 2026-07-10 | 30.31 |
| 2026-07-09 | 30.28 |
| 2026-07-08 | 29.87 |
| 2026-07-07 | 29.76 |
| 2026-07-06 | 29.94 |
| 2026-07-02 | 29.99 |
| 2026-07-01 | 29.65 |
| 2026-06-30 | 29.16 |
| 2026-06-29 | 29.45 |
| 2026-06-26 | 29.24 |
| 2026-06-25 | 29.10 |
| 2026-06-24 | 28.26 |
| 2026-06-23 | 28.32 |
| 2026-06-22 | 28.34 |
| 2026-06-18 | 27.99 |
| 2026-06-17 | 27.96 |
| 2026-06-16 | 28.77 |
| 2026-06-15 | 29.07 |
| 2026-06-12 | 29.18 |
| 2026-06-11 | 29.06 |
| 2026-06-10 | 28.47 |
| 2026-06-09 | 29.01 |
| 2026-06-08 | 28.90 |
| 2026-06-05 | 28.83 |
| 2026-06-04 | 28.36 |
| 2026-06-03 | 28.49 |
| 2026-06-02 | 28.31 |
| 2026-06-01 | 28.13 |
| 2026-05-29 | 27.77 |
| 2026-05-28 | 28.10 |
| 2026-05-27 | 28.92 |
| 2026-05-26 | 28.60 |
| 2026-05-22 | 27.93 |
| 2026-05-21 | 28.16 |
| 2026-05-20 | 28.18 |
| 2026-05-19 | 28.27 |
| 2026-05-18 | 28.34 |
| 2026-05-15 | 28.01 |
| 2026-05-14 | 28.17 |
| 2026-05-13 | 27.24 |
| 2026-05-12 | 27.32 |
| 2026-05-11 | 27.45 |
| 2026-05-08 | 27.50 |
| 2026-05-07 | 27.28 |
| 2026-05-06 | 27.98 |
| 2026-05-05 | 27.63 |
| 2026-05-04 | 27.44 |
| 2026-05-01 | 27.66 |
| 2026-04-30 | 27.87 |
| 2026-04-29 | 27.41 |
| 2026-04-28 | 27.75 |
| 2026-04-27 | 27.89 |
| 2026-04-24 | 27.86 |
| 2026-04-23 | 28.33 |
| 2026-04-22 | 28.04 |
| 2026-04-21 | 28.16 |
| 2026-04-20 | 28.38 |
| 2026-04-17 | 28.13 |
| 2026-04-16 | 27.74 |
| 2026-04-15 | 27.34 |
| 2026-04-14 | 27.60 |
| 2026-04-13 | 27.50 |
| 2026-04-10 | 27.43 |
| 2026-04-09 | 27.59 |
| 2026-04-08 | 27.36 |
| 2026-04-07 | 26.90 |
| 2026-04-06 | 26.94 |
| 2026-04-02 | 26.77 |
| 2026-04-01 | 26.91 |
| 2026-03-31 | 26.66 |
| 2026-03-30 | 25.82 |
| 2026-03-27 | 25.76 |
| 2026-03-26 | 25.68 |
| 2026-03-25 | 25.69 |
| 2026-03-24 | 25.24 |
| 2026-03-23 | 25.29 |
| 2026-03-20 | 24.79 |
| 2026-03-19 | 24.99 |
| 2026-03-18 | 25.74 |
| 2026-03-17 | 26.18 |
| 2026-03-16 | 25.83 |
| 2026-03-13 | 25.52 |
| 2026-03-12 | 25.47 |
| 2026-03-11 | 26.19 |
| 2026-03-10 | 26.56 |
| 2026-03-09 | 26.36 |
| 2026-03-06 | 25.94 |
| 2026-03-05 | 26.72 |
| 2026-03-04 | 27.78 |
| 2026-03-03 | 27.70 |
| 2026-03-02 | 28.03 |
| 2026-02-27 | 27.72 |
| 2026-02-26 | 27.69 |
| 2026-02-25 | 27.42 |
| 2026-02-24 | 27.58 |
| 2026-02-23 | 27.25 |
| 2026-02-20 | 27.47 |
| 2026-02-19 | 27.06 |
| 2026-02-18 | 26.86 |
| 2026-02-17 | 26.64 |
| 2026-02-13 | 26.54 |
| 2026-02-12 | 26.60 |
| 2026-02-11 | 27.02 |
| 2026-02-10 | 26.73 |
| 2026-02-09 | 26.61 |
| 2026-02-06 | 26.54 |
| 2026-02-05 | 26.06 |
| 2026-02-04 | 26.05 |
| 2026-02-03 | 25.59 |
| 2026-02-02 | 25.09 |
| 2026-01-30 | 24.68 |
| 2026-01-29 | 24.75 |
| 2026-01-28 | 24.43 |
| 2026-01-27 | 24.62 |
| 2026-01-26 | 24.49 |
| 2026-01-23 | 23.95 |
| 2026-01-22 | 23.39 |
| 2026-01-21 | 23.88 |
| 2026-01-20 | 23.21 |
| 2026-01-16 | 23.69 |
| 2026-01-15 | 23.73 |
| 2026-01-14 | 23.65 |
| 2026-01-13 | 23.29 |
| 2026-01-12 | 23.02 |
| 2026-01-09 | 23.01 |
| 2026-01-08 | 23.08 |
| 2026-01-07 | 22.91 |
| 2026-01-06 | 23.58 |
| 2026-01-05 | 23.47 |
| 2026-01-02 | 23.71 |
| 2025-12-31 | 23.69 |
| 2025-12-30 | 23.80 |
| 2025-12-29 | 24.00 |
| 2025-12-26 | 23.93 |
| 2025-12-24 | 24.04 |
| 2025-12-23 | 23.92 |
| 2025-12-22 | 23.88 |
| 2025-12-19 | 23.86 |
| 2025-12-18 | 23.93 |
| 2025-12-17 | 23.86 |
| 2025-12-16 | 24.05 |
| 2025-12-15 | 24.30 |
| 2025-12-12 | 24.44 |
| 2025-12-11 | 24.28 |
| 2025-12-10 | 24.24 |
| 2025-12-09 | 23.77 |
| 2025-12-08 | 23.76 |
| 2025-12-05 | 23.73 |
| 2025-12-04 | 23.65 |
| 2025-12-03 | 23.50 |
| 2025-12-02 | 22.86 |
| 2025-12-01 | 22.78 |
| 2025-11-28 | 23.11 |
| 2025-11-26 | 23.07 |
| 2025-11-25 | 22.81 |
| 2025-11-24 | 22.48 |
| 2025-11-21 | 22.41 |
| 2025-11-20 | 22.01 |
| 2025-11-19 | 22.20 |
| 2025-11-18 | 22.22 |
| 2025-11-17 | 22.23 |
| 2025-11-14 | 22.81 |
| 2025-11-13 | 22.80 |
| 2025-11-12 | 23.13 |
| 2025-11-11 | 22.86 |
| 2025-11-10 | 22.95 |
| 2025-11-07 | 23.10 |
| 2025-11-06 | 22.98 |
| 2025-11-05 | 23.08 |
| 2025-11-04 | 23.42 |
| 2025-11-03 | 23.42 |
| 2025-10-31 | 23.54 |
| 2025-10-30 | 23.29 |
| 2025-10-29 | 23.07 |
| 2025-10-28 | 23.32 |
| 2025-10-27 | 23.53 |
| 2025-10-24 | 23.61 |
| 2025-10-23 | 23.22 |
| 2025-10-22 | 23.48 |
| 2025-10-21 | 23.35 |
| 2025-10-20 | 23.97 |
| 2025-10-17 | 23.92 |
| 2025-10-16 | 22.22 |
| 2025-10-15 | 22.37 |
| 2025-10-14 | 22.30 |
| 2025-10-13 | 21.96 |
| 2025-10-10 | 21.91 |
| 2025-10-09 | 22.25 |
| 2025-10-08 | 22.19 |
| 2025-10-07 | 22.22 |
| 2025-10-06 | 22.38 |
| 2025-10-03 | 22.23 |
| 2025-10-02 | 21.96 |
| 2025-10-01 | 21.60 |
| 2025-09-30 | 21.92 |
| 2025-09-29 | 22.12 |
| 2025-09-26 | 20.99 |
| 2025-09-25 | 20.85 |
| 2025-09-24 | 20.88 |
| 2025-09-23 | 21.03 |
| 2025-09-22 | 20.49 |
| 2025-09-19 | 20.36 |
| 2025-09-18 | 20.64 |
| 2025-09-17 | 20.23 |
| 2025-09-16 | 20.04 |
| 2025-09-15 | 20.06 |
| 2025-09-12 | 20.04 |
| 2025-09-11 | 20.28 |
| 2025-09-10 | 19.78 |
| 2025-09-09 | 19.88 |
| 2025-09-08 | 20.02 |
| 2025-09-05 | 20.08 |
| 2025-09-04 | 20.16 |
| 2025-09-03 | 19.93 |
| 2025-09-02 | 19.87 |
| 2025-08-29 | 20.07 |
| 2025-08-28 | 20.16 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.