Basis: Trailing twelve months (TTM). 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 21.71 is 19% below its 2-year average of 26.68, near the low end of its 2-year range (21.71–35.59).
25.25% below its 12-month average of 29.05.
PE Ratio (21.71) = Close Price ($162.37) / Diluted TTM EPS ($7.48)
Reported annual fiscal-period values; no daily interpolation.
PE RATIO
21.71
PE RATIO AVG TTM
29.05
PE RATIO AVG 3Y
N/A
PE RATIO AVG 5Y
N/A
PE RATIO AVG 10Y
N/A
PE RATIO AVG 15Y
N/A
PE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-25.25%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
29.16
median of 134 covered companies
CURRENT VS SECTOR MEDIAN
-25.54%
vs the sector median at left
Market Cap
$49.36B
PE Ratio
39.28
TTM Avg
34.54
3Y Avg
31.94
5Y Avg
31.43
Market Cap
$48.94B
PE Ratio
26.55
TTM Avg
34.10
3Y Avg
33.20
5Y Avg
32.71
Market Cap
$48.46B
PE Ratio
40.83
TTM Avg
28.23
3Y Avg
26.50
5Y Avg
22.24
Market Cap
$48.42B
PE Ratio
249.05
TTM Avg
209.40
3Y Avg
160.09
5Y Avg
147.80
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Honeywell Aerospace Inc (HONA) | $51.46B | 21.71 | 29.05 | N/A | N/A |
| Delta Air Lines, Inc. (DAL)vs › | $52.66B | 13.28 | 10.30 | 8.50 | 38.06 |
| Comfort Systems USA, Inc. (FIX)vs › | $53.45B | 37.35 | 46.62 | 35.41 | 29.50 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.36B | 39.28 | 34.54 | 31.94 | 31.43 |
| L3Harris Technologies, Inc. (LHX)vs › | $48.94B | 26.55 | 34.10 | 33.20 | 32.71 |
| AMETEK, Inc. (AME)vs › | $54.15B | 34.54 | 33.71 | 31.15 | 30.58 |
| Carrier Global Corporation (CARR)vs › | $48.46B | 40.83 | 28.23 | 26.50 | 22.24 |
| Axon Enterprise, Inc. (AXON)vs › | $48.42B | 249.05 | 209.40 | 160.09 | 147.80 |
| HEICO Corporation (HEI-A)vs › | $48.16B | 41.68 | 49.00 | 51.86 | 52.04 |
| Rockwell Automation, Inc. (ROK)vs › | $47.94B | 40.49 | 46.19 | 36.52 | 34.70 |
Trailing P/E
21.7
Forward P/E
20.1
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$162.37
Forward EPS (Est.)
$8.10
Forward P/E
20.05
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 |
|---|---|
| 2025-12-31 | 35.59 |
| 2024-12-31 | 22.50 |
| 2023-12-31 | 21.95 |
