Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 56.90 as of Wednesday, August 5, 2026.
Forward PE Ratio (56.90) = Close Price ($288.20) / Consensus Forward EPS ($5.06)
FORWARD PE RATIO
56.90
SECTOR MEDIAN · INDUSTRIALS
25.86
median of 119 covered companies
CURRENT VS SECTOR MEDIAN
+120.03%
vs the sector median at left
Howmet Aerospace Inc.
Market Cap
$115.31B
Forward PE Ratio
56.90
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Howmet Aerospace Inc. (HWM) | $115.31B | 56.90 |
| Parker-Hannifin Corporation (PH)vs › | $125.16B | 31.71 |
| General Dynamics Corporation (GD)vs › | $104.37B | 22.84 |
| Quanta Services, Inc. (PWR)vs › | $104.19B | 44.56 |
| Vertiv Holdings Co (VRT)vs › | $103.92B | 40.41 |
| Trane Technologies plc (TT)vs › | $103.90B | 31.18 |
| Lockheed Martin Corporation (LMT)vs › | $135.97B | 19.40 |
| CSX Corporation (CSX)vs › | $94.53B | 25.48 |
| 3M Company (MMM)vs › | $93.58B | 20.38 |
| United Parcel Service, Inc. (UPS)vs › | $92.68B | 15.20 |
Trailing P/E
66.9
reported TTM EPS
Forward P/E
56.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.06 implies +17.4% EPS growth vs the reported trailing $4.31.
At today's $288.20 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 | $5.06 | $4.63 – $5.23 | 13 | 56.9x |
| 2027-12-31 | $6.06 | $5.87 – $6.34 | 13 | 47.5x |
| 2028-12-31 | $7.18 | $6.35 – $8.60 | 12 | 40.1x |
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
