Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 10.29 as of 2026-09-24T20:15:45.685Z.
Consensus retrieved: 2026-09-13T22:46:43.959Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-24T20:15:45.685Z.
Quote observation: 2026-09-24T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3b7032d1714ab1eafae2970286bd376c63079e8fdc76a4470edf2981d8c235c2
Forward PE Ratio (10.29) = Dated Quote Price ($88.62) / Consensus Forward EPS ($8.61)
FORWARD PE RATIO
10.29
SECTOR MEDIAN · ENERGY
12.79
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-19.55%
vs the sector median at left
Expand Energy Corporation
Market Cap
$20.52B
Forward PE Ratio
10.29
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Expand Energy Corporation (EXE) | $20.52B | 10.29 |
| First Solar, Inc. (FSLR)vs › | $18.50B | 9.87 |
| Texas Pacific Land Corporation (TPL)vs › | $23.32B | 38.42 |
| APA Corporation (APA)vs › | $15.44B | 7.31 |
| Pembina Pipeline Corporation (PBA)vs › | $26.43B | N/A |
| Halliburton Company (HAL)vs › | $27.36B | 13.99 |
| Nextpower Inc. (NXT)vs › | $12.13B | 17.09 |
| Tenaris S.A. (TS)vs › | $29.98B | 14.71 |
| Antero Midstream Corporation (AM)vs › | $10.08B | 19.47 |
| Venture Global, Inc. (VG)vs › | $32.33B | 7.95 |
Trailing P/E
7.7
reported TTM EPS
Forward P/E
10.3
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.61 implies -25.6% EPS decline vs the reported trailing $11.57.
At the dated quote price of $88.62, 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 | $8.61 | $7.69 – $9.58 | 12 | 10.3x |
| 2027-12-31 | $8.62 | $7.53 – $9.76 | 14 | 10.3x |
| 2028-12-31 | $10.61 | $7.30 – $16.99 | 11 | 8.4x |
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
