Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 10.14 as of Saturday, August 8, 2026.
Forward PE Ratio (10.14) = Close Price ($92.84) / Consensus Forward EPS ($9.16)
FORWARD PE RATIO
10.14
SECTOR MEDIAN · ENERGY
12.45
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-18.52%
vs the sector median at left
Expand Energy Corporation
Market Cap
$21.49B
Forward PE Ratio
10.14
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Expand Energy Corporation (EXE) | $21.49B | 10.14 |
| Texas Pacific Land Corporation (TPL)vs › | $23.50B | 39.34 |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 11.28 |
| Halliburton Company (HAL)vs › | $26.64B | 13.61 |
| Tenaris S.A. (TS)vs › | $28.46B | 13.96 |
| APA Corporation (APA)vs › | $13.30B | 6.70 |
| Devon Energy Corporation (DVN)vs › | $30.10B | 8.50 |
| EQT Corporation (EQT)vs › | $32.33B | 12.21 |
| Venture Global, Inc. (VG)vs › | $32.38B | 8.73 |
| Antero Midstream Corporation (AM)vs › | $10.10B | 19.15 |
Trailing P/E
8.0
reported TTM EPS
Forward P/E
10.1
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $9.16 implies -20.8% EPS decline vs the reported trailing $11.57.
At today's $92.84 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 | $9.16 | $7.99 – $9.97 | 12 | 10.1x |
| 2027-12-31 | $8.75 | $7.43 – $10.38 | 15 | 10.6x |
| 2028-12-31 | $10.07 | $5.55 – $17.22 | 11 | 9.2x |
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
