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 43.05 as of 2026-09-19T00:15:42.852Z.
Consensus retrieved: 2026-09-13T22:59:47.538Z. 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: 2026-09-19T00:15:42.852Z.
Quote observation: 2026-09-18T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 5410dbe7bbf6040b5299d81b735acb06ebdfde3b237845428dcde8351ad94e1f
Forward PE Ratio (43.05) = Dated Quote Price ($229.67) / Consensus Forward EPS ($5.33)
FORWARD PE RATIO
43.05
SECTOR MEDIAN · INDUSTRIALS
22.95
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
+87.58%
vs the sector median at left
Howmet Aerospace Inc.
Market Cap
$91.89B
Forward PE Ratio
43.05
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Howmet Aerospace Inc. (HWM) | $91.89B | 43.05 |
| Trane Technologies plc (TT)vs › | $94.41B | 28.09 |
| General Dynamics Corporation (GD)vs › | $95.52B | 20.80 |
| Quanta Services, Inc. (PWR)vs › | $95.72B | 38.05 |
| Vertiv Holdings Co (VRT)vs › | $96.01B | 37.09 |
| CSX Corporation (CSX)vs › | $87.25B | 23.45 |
| 3M Company (MMM)vs › | $85.60B | 18.56 |
| Waste Management, Inc. (WM)vs › | $84.38B | 26.03 |
| United Parcel Service, Inc. (UPS)vs › | $84.12B | 13.76 |
| Emerson Electric Co. (EMR)vs › | $83.97B | 22.86 |
Trailing P/E
49.5
reported TTM EPS
Forward P/E
43.0
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.33 implies +14.9% EPS growth vs the reported trailing $4.64.
At the dated quote price of $229.67, 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 | $5.33 | $5.12 – $5.48 | 13 | 43.1x |
| 2027-12-31 | $6.50 | $6.12 – $6.84 | 13 | 35.3x |
| 2028-12-31 | $7.71 | $6.99 – $9.05 | 14 | 29.8x |
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
