Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 13.75 as of Monday, August 10, 2026.
Forward PE Ratio (13.75) = Close Price ($47.05) / Consensus Forward EPS ($3.42)
FORWARD PE RATIO
13.75
SECTOR MEDIAN · INDUSTRIALS
25.05
median of 119 covered companies
CURRENT VS SECTOR MEDIAN
-45.11%
vs the sector median at left
Southwest Airlines Co.
Market Cap
$23.02B
Forward PE Ratio
13.75
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Southwest Airlines Co. (LUV) | $23.02B | 13.75 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $23.37B | 23.26 |
| XPO Logistics, Inc. (XPO)vs › | $23.72B | 37.76 |
| Veralto Corporation (VLTO)vs › | $23.97B | 22.62 |
| MasTec, Inc. (MTZ)vs › | $21.88B | 29.67 |
| Snap-on Incorporated (SNA)vs › | $21.54B | 21.78 |
| Equifax Inc. (EFX)vs › | $21.45B | 21.31 |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.22B | 34.27 |
| Curtiss-Wright Corporation (CW)vs › | $25.55B | 45.41 |
| Symbotic Inc. (SYM)vs › | $25.78B | N/A |
Trailing P/E
28.9
reported TTM EPS
Forward P/E
13.8
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.42 implies +109.8% EPS growth vs the reported trailing $1.63.
At today's $47.05 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 | $3.42 | $2.83 – $4.12 | 14 | 13.7x |
| 2027-12-31 | $4.89 | $4.22 – $7.00 | 15 | 9.6x |
| 2028-12-31 | $5.40 | $4.45 – $6.48 | 8 | 8.7x |
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
