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 36.46 is 317% above its 5-year average of 8.75, near the low end of its 5-year range (4.99–247.75).
As of 2026-09-26T00:15:44.972Z. 77.54% above its 12-month average of 20.54.
Calculation as of: 2026-09-26T00:15:44.972Z.
Quote observation: 2026-09-25T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e4f2d03666b3d6ecdf9d77ab0c1abdd8b9e160546b780231506f7de9430e0fd6
PE Ratio (36.46) = Close Price ($186.67) / Diluted TTM EPS ($5.12)
PE RATIO
36.46
PE RATIO AVG TTM
20.54
PE RATIO AVG 3Y
9.78
PE RATIO AVG 5Y
8.75
PE RATIO AVG 10Y
14.43
PE RATIO AVG 15Y
24.17
PE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+77.54%
CURRENT VS 3Y AVG
+272.93%
CURRENT VS 5Y AVG
+316.90%
CURRENT VS 10Y AVG
+152.58%
CURRENT VS 15Y AVG
+50.83%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
15.16
median of 45 covered companies
CURRENT VS SECTOR MEDIAN
+140.50%
vs the sector median at left
Market Cap
$56.55B
PE Ratio
8.75
TTM Avg
24.58
3Y Avg
18.51
5Y Avg
15.96
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Diamondback Energy, Inc. (FANG) | $52.51B | 36.46 | 20.54 | 9.78 | 8.75 |
| Devon Energy Corporation (DVN)vs › | $51.76B | 11.18 | 10.29 | 8.45 | 15.20 |
| ONEOK, Inc. (OKE)vs › | $55.85B | 15.28 | 15.01 | 16.22 | 16.64 |
| Occidental Petroleum Corporation (OXY)vs › | $56.55B | 8.75 | 24.58 | 18.51 | 15.96 |
| Baker Hughes Company (BKR)vs › | $57.41B | 18.59 | 19.31 | 18.42 | 32.19 |
| MPLX Lp (MPLX)vs › | $57.64B | 12.22 | 11.96 | 11.35 | 10.83 |
| Targa Resources Corp. (TRGP)vs › | $59.64B | 26.46 | 26.22 | 27.90 | 35.65 |
| TC Energy Corporation (TRP)vs › | $61.19B | 24.54 | 25.19 | 20.22 | 23.75 |
| Cameco Corporation (CCJ)vs › | $38.36B | 148.98 | 114.24 | 134.72 | 137.12 |
| Kinder Morgan, Inc. (KMI)vs › | $68.47B | 19.71 | 22.37 | 20.76 | 20.85 |
At 36.5, P/E is above its 14-year median — higher than 74% of readings in its 14-year history.
14-year low
5.0
median
16.9
14-year high
247.8
Trailing P/E
36.5
Forward P/E
N/A
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$186.67
Forward EPS (Est.)
$20.56
Forward P/E
N/A
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 |
|---|---|
| 2026-09-11 | 40.03 |
| 2026-09-10 | 40.12 |
| 2026-09-09 | 39.58 |
| 2026-09-08 | 38.99 |
| 2026-09-04 | 38.91 |
| 2026-09-03 | 39.64 |
| 2026-09-02 | 39.73 |
| 2026-09-01 | 39.68 |
| 2026-08-31 | 39.16 |
| 2026-08-28 | 38.61 |
| 2026-08-27 | 39.16 |
| 2026-08-26 | 39.03 |
| 2026-08-25 | 39.04 |
| 2026-08-24 | 40.16 |
| 2026-08-21 | 41.16 |
| 2026-08-20 | 41.21 |
| 2026-08-19 | 40.73 |
| 2026-08-18 | 41.02 |
| 2026-08-17 | 40.29 |
| 2026-08-14 | 39.54 |
| 2026-08-13 | 38.97 |
| 2026-08-12 | 39.23 |
| 2026-08-11 | 39.40 |
| 2026-08-10 | 38.86 |
| 2026-08-07 | 36.73 |
| 2026-08-06 | 37.04 |
| 2026-08-05 | 219.02 |
| 2026-08-04 | 225.73 |
| 2026-08-03 | 233.82 |
| 2026-07-31 | 238.76 |
| 2026-07-30 | 235.02 |
| 2026-07-29 | 234.27 |
| 2026-07-28 | 223.89 |
| 2026-07-27 | 230.35 |
| 2026-07-24 | 240.80 |
| 2026-07-23 | 241.75 |
| 2026-07-22 | 238.85 |
| 2026-07-21 | 235.06 |
| 2026-07-20 | 229.86 |
| 2026-07-17 | 230.05 |
| 2026-07-16 | 223.68 |
| 2026-07-15 | 223.25 |
| 2026-07-14 | 224.34 |
| 2026-07-13 | 225.41 |
| 2026-07-10 | 215.75 |
| 2026-07-09 | 214.12 |
| 2026-07-08 | 219.53 |
| 2026-07-07 | 212.42 |
| 2026-07-06 | 204.39 |
| 2026-07-02 | 202.40 |
| 2026-07-01 | 202.31 |
| 2026-06-30 | 206.80 |
| 2026-06-29 | 212.40 |
| 2026-06-26 | 211.66 |
| 2026-06-25 | 214.76 |
| 2026-06-24 | 215.86 |
| 2026-06-23 | 221.07 |
| 2026-06-22 | 220.94 |
| 2026-06-18 | 215.88 |
| 2026-06-17 | 218.21 |
| 2026-06-16 | 221.32 |
| 2026-06-15 | 223.48 |
| 2026-06-12 | 226.04 |
| 2026-06-11 | 225.40 |
| 2026-06-10 | 231.24 |
| 2026-06-09 | 228.52 |
| 2026-06-08 | 233.18 |
| 2026-06-05 | 226.61 |
| 2026-06-04 | 238.75 |
| 2026-06-03 | 247.75 |
| 2026-06-02 | 238.12 |
| 2026-06-01 | 234.15 |
| 2026-05-29 | 225.27 |
| 2026-05-28 | 228.40 |
| 2026-05-27 | 226.87 |
| 2026-05-26 | 229.56 |
| 2026-05-22 | 236.13 |
| 2026-05-21 | 236.44 |
| 2026-05-20 | 240.39 |
| 2026-05-19 | 244.44 |
| 2026-05-18 | 241.91 |
| 2026-05-15 | 239.48 |
| 2026-05-14 | 235.60 |
| 2026-05-13 | 236.59 |
| 2026-05-12 | 233.12 |
| 2026-05-11 | 230.76 |
| 2026-05-08 | 222.00 |
| 2026-05-07 | 224.06 |
| 2026-05-06 | 34.84 |
| 2026-05-05 | 36.82 |
| 2026-05-04 | 38.16 |
| 2026-05-01 | 37.08 |
| 2026-04-30 | 36.72 |
| 2026-04-29 | 36.66 |
| 2026-04-28 | 35.72 |
| 2026-04-27 | 35.07 |
| 2026-04-24 | 34.78 |
| 2026-04-23 | 34.93 |
| 2026-04-22 | 34.62 |
| 2026-04-21 | 33.89 |
| 2026-04-20 | 32.76 |
| 2026-04-17 | 32.19 |
| 2026-04-16 | 33.33 |
| 2026-04-15 | 33.19 |
| 2026-04-14 | 33.31 |
| 2026-04-13 | 33.77 |
| 2026-04-10 | 33.61 |
| 2026-04-09 | 33.27 |
| 2026-04-08 | 33.30 |
| 2026-04-07 | 34.91 |
| 2026-04-06 | 34.69 |
| 2026-04-02 | 34.62 |
| 2026-04-01 | 34.04 |
| 2026-03-31 | 35.32 |
| 2026-03-30 | 35.47 |
| 2026-03-27 | 36.04 |
| 2026-03-26 | 36.11 |
| 2026-03-25 | 35.00 |
| 2026-03-24 | 35.19 |
| 2026-03-23 | 34.25 |
| 2026-03-20 | 34.38 |
| 2026-03-19 | 33.98 |
| 2026-03-18 | 33.87 |
| 2026-03-17 | 33.43 |
| 2026-03-16 | 32.56 |
| 2026-03-13 | 32.57 |
| 2026-03-12 | 31.61 |
| 2026-03-11 | 31.54 |
| 2026-03-10 | 31.85 |
| 2026-03-09 | 32.65 |
| 2026-03-06 | 32.24 |
| 2026-03-05 | 31.97 |
| 2026-03-04 | 31.56 |
| 2026-03-03 | 31.70 |
| 2026-03-02 | 31.96 |
| 2026-02-27 | 31.09 |
| 2026-02-26 | 29.82 |
| 2026-02-25 | 11.67 |
| 2026-02-24 | 12.00 |
| 2026-02-23 | 12.09 |
| 2026-02-20 | 12.24 |
| 2026-02-19 | 12.15 |
| 2026-02-18 | 12.10 |
| 2026-02-17 | 11.72 |
| 2026-02-13 | 11.76 |
| 2026-02-12 | 11.64 |
| 2026-02-11 | 11.75 |
| 2026-02-10 | 11.47 |
| 2026-02-09 | 11.54 |
| 2026-02-06 | 11.61 |
| 2026-02-05 | 11.46 |
| 2026-02-04 | 11.75 |
| 2026-02-03 | 11.33 |
| 2026-02-02 | 11.03 |
| 2026-01-30 | 11.40 |
| 2026-01-29 | 11.34 |
| 2026-01-28 | 11.15 |
| 2026-01-27 | 11.07 |
| 2026-01-26 | 10.68 |
| 2026-01-23 | 10.71 |
| 2026-01-22 | 10.56 |
| 2026-01-21 | 10.64 |
| 2026-01-20 | 10.34 |
| 2026-01-16 | 10.52 |
| 2026-01-15 | 10.49 |
| 2026-01-14 | 10.69 |
| 2026-01-13 | 10.52 |
| 2026-01-12 | 10.26 |
| 2026-01-09 | 10.25 |
| 2026-01-08 | 10.27 |
| 2026-01-07 | 9.77 |
| 2026-01-06 | 10.05 |
| 2026-01-05 | 10.22 |
| 2026-01-02 | 10.59 |
| 2025-12-31 | 10.45 |
| 2025-12-30 | 10.52 |
| 2025-12-29 | 10.33 |
| 2025-12-26 | 10.17 |
| 2025-12-24 | 10.22 |
| 2025-12-23 | 10.30 |
| 2025-12-22 | 10.32 |
| 2025-12-19 | 10.30 |
| 2025-12-18 | 10.22 |
| 2025-12-17 | 10.71 |
| 2025-12-16 | 10.37 |
| 2025-12-15 | 10.71 |
| 2025-12-12 | 10.90 |
| 2025-12-11 | 10.92 |
| 2025-12-10 | 11.15 |
| 2025-12-09 | 11.00 |
| 2025-12-08 | 10.95 |
| 2025-12-05 | 11.03 |
| 2025-12-04 | 11.09 |
| 2025-12-03 | 11.01 |
| 2025-12-02 | 10.85 |
| 2025-12-01 | 10.86 |
| 2025-11-28 | 10.61 |
| 2025-11-26 | 10.38 |
| 2025-11-25 | 10.22 |
| 2025-11-24 | 10.27 |
| 2025-11-21 | 10.18 |
| 2025-11-20 | 10.17 |
| 2025-11-19 | 10.34 |
| 2025-11-18 | 10.40 |
| 2025-11-17 | 10.18 |
| 2025-11-14 | 10.38 |
| 2025-11-13 | 10.04 |
| 2025-11-12 | 10.16 |
| 2025-11-11 | 10.30 |
| 2025-11-10 | 10.06 |
| 2025-11-07 | 9.99 |
| 2025-11-06 | 9.79 |
| 2025-11-05 | 9.76 |
| 2025-11-04 | 9.91 |
| 2025-11-03 | 10.04 |
| 2025-10-31 | 10.18 |
| 2025-10-30 | 10.10 |
| 2025-10-29 | 10.21 |
| 2025-10-28 | 10.03 |
| 2025-10-27 | 10.26 |
| 2025-10-24 | 10.37 |
| 2025-10-23 | 10.46 |
| 2025-10-22 | 10.11 |
| 2025-10-21 | 10.06 |
| 2025-10-20 | 10.03 |
| 2025-10-17 | 9.89 |
| 2025-10-16 | 9.91 |
| 2025-10-15 | 10.09 |
| 2025-10-14 | 10.08 |
| 2025-10-13 | 10.10 |
| 2025-10-10 | 9.94 |
| 2025-10-09 | 10.25 |
| 2025-10-08 | 10.59 |
| 2025-10-07 | 10.58 |
| 2025-10-06 | 10.60 |
| 2025-10-03 | 10.48 |
| 2025-10-02 | 10.18 |
| 2025-10-01 | 10.20 |
| 2025-09-30 | 10.17 |
| 2025-09-29 | 10.20 |
| 2025-09-26 | 10.54 |
| 2025-09-25 | 10.36 |
| 2025-09-24 | 10.28 |
| 2025-09-23 | 10.11 |
| 2025-09-22 | 9.87 |
| 2025-09-19 | 9.93 |
| 2025-09-18 | 10.00 |
| 2025-09-17 | 9.98 |
| 2025-09-16 | 9.84 |
| 2025-09-15 | 9.56 |
| 2025-09-12 | 9.73 |
| 2025-09-11 | 9.84 |
| 2025-09-10 | 9.92 |
| 2025-09-09 | 9.69 |
| 2025-09-08 | 9.76 |
| 2025-09-05 | 9.86 |
| 2025-09-04 | 10.14 |
| 2025-09-03 | 10.11 |
| 2025-09-02 | 10.65 |
| 2025-08-29 | 10.57 |
Showing the most recent 260 of 2,620 data points. The chart above shows the full history.