Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 11.84 as of Friday, July 31, 2026.
Forward PE Ratio (11.84) = Close Price ($121.33) / Consensus Forward EPS ($10.43)
FORWARD PE RATIO
11.84
SECTOR MEDIAN · INDUSTRIALS
24.95
median of 117 covered companies
CURRENT VS SECTOR MEDIAN
-52.55%
vs the sector median at left
United Airlines Holdings, Inc.
Market Cap
$39.38B
Forward PE Ratio
11.84
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| United Airlines Holdings, Inc. (UAL) | $39.38B | 11.84 |
| Rocket Lab USA, Inc. (RKLB)vs › | $37.60B | N/A |
| Axon Enterprise, Inc. (AXON)vs › | $42.54B | 68.00 |
| Thomson Reuters Corporation (TRI)vs › | $42.84B | 22.60 |
| EMCOR Group, Inc. (EME)vs › | $35.44B | 26.06 |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $44.12B | 37.15 |
| Ingersoll Rand Inc. (IR)vs › | $32.63B | 24.04 |
| Ferrovial SE (FER)vs › | $47.22B | 66.07 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.13B | 26.86 |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $29.48B | 19.39 |
Trailing P/E
11.6
reported TTM EPS
Forward P/E
11.8
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $10.43 implies -2.4% EPS decline vs the reported trailing $10.69.
At today's $121.33 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 | $10.43 | $9.88 – $11.01 | 12 | 11.6x |
| 2027-12-31 | $15.47 | $12.99 – $21.27 | 13 | 7.8x |
| 2028-12-31 | $18.21 | $17.08 – $19.09 | 5 | 6.7x |
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
