Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 29.04 as of Thursday, July 30, 2026.
Forward PE Ratio (29.04) = Close Price ($239.82) / Consensus Forward EPS ($8.30)
FORWARD PE RATIO
29.04
SECTOR MEDIAN · INDUSTRIALS
25.37
median of 117 covered companies
CURRENT VS SECTOR MEDIAN
+14.47%
vs the sector median at left
Honeywell International Inc.
Market Cap
$76.01B
Forward PE Ratio
29.04
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Honeywell International Inc. (HON) | $76.01B | 29.04 |
| Canadian National Railway Company (CNI)vs › | $76.70B | 15.96 |
| Northrop Grumman Corporation (NOC)vs › | $74.87B | 18.55 |
| Norfolk Southern Corporation (NSC)vs › | $74.29B | 26.17 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $77.84B | 17.61 |
| FedEx Corporation (FDX)vs › | $72.44B | 15.54 |
| Illinois Tool Works Inc. (ITW)vs › | $81.93B | 25.69 |
| PACCAR Inc (PCAR)vs › | $69.84B | 23.18 |
| TransDigm Group Incorporated (TDG)vs › | $69.80B | 31.58 |
| Cintas Corporation (CTAS)vs › | $82.81B | 44.23 |
Trailing P/E
8.9
reported TTM EPS
Forward P/E
29.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.30 implies -69.3% EPS decline vs the reported trailing $27.03.
At today's $239.82 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 | $8.30 | $8.12 – $8.50 | 9 | 28.9x |
| 2027-12-31 | $9.96 | $8.20 – $10.96 | 9 | 24.1x |
| 2028-12-31 | $11.75 | $10.59 – $12.62 | 3 | 20.4x |
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
