Basis: Latest stored market observation. 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 11.56 is 33% above its 3-year average of 8.72, around the middle of its 3-year range (3.93–25.00).
As of Friday, July 31, 2026. 14.49% above its 12-month average of 10.10.
PE Ratio (11.56) = Close Price ($121.33) / Diluted TTM EPS ($10.50)
PE RATIO
11.56
PE RATIO AVG TTM
10.10
PE RATIO AVG 3Y
8.03
PE RATIO AVG 5Y
8.06
PE RATIO AVG 10Y
8.65
PE RATIO AVG 15Y
8.84
PE RATIO AVG 20Y
8.40
CURRENT VS TTM AVG
+14.49%
CURRENT VS 3Y AVG
+43.89%
CURRENT VS 5Y AVG
+43.42%
CURRENT VS 10Y AVG
+33.61%
CURRENT VS 15Y AVG
+30.78%
CURRENT VS 20Y AVG
+37.69%
SECTOR MEDIAN · INDUSTRIALS
31.12
median of 118 covered companies
CURRENT VS SECTOR MEDIAN
-62.85%
vs the sector median at left
United Airlines Holdings, Inc.
Market Cap
$39.38B
PE Ratio
11.56
TTM Avg
10.10
3Y Avg
8.03
5Y Avg
8.06
Market Cap
$42.84B
PE Ratio
28.90
TTM Avg
33.82
3Y Avg
33.01
5Y Avg
37.53
Market Cap
$44.12B
PE Ratio
40.94
TTM Avg
36.42
3Y Avg
34.68
5Y Avg
33.39
Market Cap
$49.13B
PE Ratio
39.09
TTM Avg
33.65
3Y Avg
31.69
5Y Avg
31.38
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Airlines Holdings, Inc. (UAL) | $39.38B | 11.56 | 10.10 | 8.03 | 8.06 |
| Rocket Lab USA, Inc. (RKLB)vs › | $37.60B | N/A | N/A | N/A | N/A |
| Axon Enterprise, Inc. (AXON)vs › | $42.54B | 210.79 | 204.79 | 156.91 | 145.81 |
| Thomson Reuters Corporation (TRI)vs › | $42.84B | 28.90 | 33.82 | 33.01 | 37.53 |
| EMCOR Group, Inc. (EME)vs › | $35.44B | 24.99 | 27.20 | 23.87 | 21.65 |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $44.12B | 40.94 | 36.42 | 34.68 | 33.39 |
| Ingersoll Rand Inc. (IR)vs › | $32.63B | 34.70 | 58.65 | 48.44 | 45.70 |
| Ferrovial SE (FER)vs › | $47.22B | 61.53 | 35.27 | 35.74 | 28.09 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.13B | 39.09 | 33.65 | 31.69 | 31.38 |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $29.48B | 23.04 | 22.74 | 22.74 | 22.74 |
At 11.6, P/E is richer than usual, sitting higher than 72% of its 20-year history.
20-year low
0.1
median
9.4
20-year high
53.4
Trailing P/E
11.6
Forward P/E
11.8
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$121.33
Forward EPS (Est.)
$10.43
Forward P/E
11.84
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 |
|---|---|
| 2026-07-30 | 11.56 |
| 2026-07-29 | 11.17 |
| 2026-07-28 | 11.58 |
| 2026-07-27 | 11.28 |
| 2026-07-24 | 11.06 |
| 2026-07-23 | 10.79 |
| 2026-07-22 | 10.97 |
| 2026-07-21 | 11.01 |
| 2026-07-20 | 10.99 |
| 2026-07-17 | 10.80 |
| 2026-07-16 | 11.11 |
| 2026-07-15 | 10.80 |
| 2026-07-14 | 10.75 |
| 2026-07-13 | 10.82 |
| 2026-07-10 | 11.25 |
| 2026-07-09 | 11.52 |
| 2026-07-08 | 11.27 |
| 2026-07-07 | 11.46 |
| 2026-07-06 | 11.83 |
| 2026-07-02 | 11.90 |
| 2026-07-01 | 12.07 |
| 2026-06-30 | 12.14 |
| 2026-06-29 | 12.07 |
| 2026-06-26 | 12.15 |
| 2026-06-25 | 12.02 |
| 2026-06-24 | 11.66 |
| 2026-06-23 | 10.85 |
| 2026-06-22 | 10.60 |
| 2026-06-18 | 10.56 |
| 2026-06-17 | 10.34 |
| 2026-06-16 | 10.58 |
| 2026-06-15 | 10.71 |
| 2026-06-12 | 10.31 |
| 2026-06-11 | 10.05 |
| 2026-06-10 | 9.18 |
| 2026-06-09 | 9.79 |
| 2026-06-08 | 9.40 |
| 2026-06-05 | 9.44 |
| 2026-06-04 | 9.37 |
| 2026-06-03 | 9.39 |
| 2026-06-02 | 9.72 |
| 2026-06-01 | 9.98 |
| 2026-05-29 | 10.25 |
| 2026-05-28 | 10.27 |
| 2026-05-27 | 10.06 |
| 2026-05-26 | 9.46 |
| 2026-05-22 | 8.92 |
| 2026-05-21 | 8.90 |
| 2026-05-20 | 8.75 |
| 2026-05-19 | 7.96 |
| 2026-05-18 | 8.26 |
| 2026-05-15 | 8.29 |
| 2026-05-14 | 8.57 |
| 2026-05-13 | 8.54 |
| 2026-05-12 | 8.56 |
| 2026-05-11 | 8.63 |
| 2026-05-08 | 8.89 |
| 2026-05-07 | 8.90 |
| 2026-05-06 | 8.93 |
| 2026-05-05 | 8.36 |
| 2026-05-04 | 8.04 |
| 2026-05-01 | 8.26 |
| 2026-04-30 | 8.04 |
| 2026-04-29 | 7.91 |
| 2026-04-28 | 8.07 |
| 2026-04-27 | 8.21 |
| 2026-04-24 | 8.30 |
| 2026-04-23 | 8.15 |
| 2026-04-22 | 8.19 |
| 2026-04-21 | 9.50 |
| 2026-04-20 | 9.68 |
| 2026-04-17 | 9.96 |
| 2026-04-16 | 9.30 |
| 2026-04-15 | 9.22 |
| 2026-04-14 | 9.51 |
| 2026-04-13 | 9.32 |
| 2026-04-10 | 9.43 |
| 2026-04-09 | 9.56 |
| 2026-04-08 | 9.42 |
| 2026-04-07 | 8.74 |
| 2026-04-06 | 8.90 |
| 2026-04-02 | 9.02 |
| 2026-04-01 | 9.30 |
| 2026-03-31 | 9.01 |
| 2026-03-30 | 8.34 |
| 2026-03-27 | 8.65 |
| 2026-03-26 | 9.07 |
| 2026-03-25 | 9.09 |
| 2026-03-24 | 9.15 |
| 2026-03-23 | 9.19 |
| 2026-03-20 | 8.80 |
| 2026-03-19 | 9.21 |
| 2026-03-18 | 9.05 |
| 2026-03-17 | 9.12 |
| 2026-03-16 | 8.83 |
| 2026-03-13 | 8.47 |
| 2026-03-12 | 8.47 |
| 2026-03-11 | 8.87 |
| 2026-03-10 | 8.91 |
| 2026-03-09 | 9.25 |
| 2026-03-06 | 9.01 |
| 2026-03-05 | 9.34 |
| 2026-03-04 | 9.83 |
| 2026-03-03 | 10.03 |
| 2026-03-02 | 10.10 |
| 2026-02-27 | 10.40 |
| 2026-02-26 | 11.39 |
| 2026-02-25 | 11.04 |
| 2026-02-24 | 11.02 |
| 2026-02-23 | 10.49 |
| 2026-02-20 | 11.06 |
| 2026-02-19 | 10.77 |
| 2026-02-18 | 11.44 |
| 2026-02-17 | 11.16 |
| 2026-02-13 | 10.69 |
| 2026-02-12 | 10.69 |
| 2026-02-11 | 11.43 |
| 2026-02-10 | 11.67 |
| 2026-02-09 | 11.65 |
| 2026-02-06 | 11.63 |
| 2026-02-05 | 10.64 |
| 2026-02-04 | 10.98 |
| 2026-02-03 | 11.12 |
| 2026-02-02 | 10.77 |
| 2026-01-30 | 10.26 |
| 2026-01-29 | 10.43 |
| 2026-01-28 | 10.52 |
| 2026-01-27 | 10.44 |
| 2026-01-26 | 10.81 |
| 2026-01-23 | 10.81 |
| 2026-01-22 | 11.07 |
| 2026-01-21 | 11.13 |
| 2026-01-20 | 10.89 |
| 2026-01-16 | 11.38 |
| 2026-01-15 | 11.64 |
| 2026-01-14 | 11.11 |
| 2026-01-13 | 11.48 |
| 2026-01-12 | 11.56 |
| 2026-01-09 | 11.77 |
| 2026-01-08 | 11.58 |
| 2026-01-07 | 11.70 |
| 2026-01-06 | 11.79 |
| 2026-01-05 | 11.52 |
| 2026-01-02 | 11.34 |
| 2025-12-31 | 11.22 |
| 2025-12-30 | 11.19 |
| 2025-12-29 | 11.18 |
| 2025-12-26 | 11.44 |
| 2025-12-24 | 11.52 |
| 2025-12-23 | 11.39 |
| 2025-12-22 | 11.64 |
| 2025-12-19 | 11.43 |
| 2025-12-18 | 11.32 |
| 2025-12-17 | 11.06 |
| 2025-12-16 | 11.28 |
| 2025-12-15 | 10.80 |
| 2025-12-12 | 10.72 |
| 2025-12-11 | 10.87 |
| 2025-12-10 | 10.81 |
| 2025-12-09 | 10.60 |
| 2025-12-08 | 10.48 |
| 2025-12-05 | 10.53 |
| 2025-12-04 | 10.50 |
| 2025-12-03 | 10.88 |
| 2025-12-02 | 10.47 |
| 2025-12-01 | 10.14 |
| 2025-11-28 | 10.23 |
| 2025-11-26 | 10.19 |
| 2025-11-25 | 9.92 |
| 2025-11-24 | 9.59 |
| 2025-11-21 | 9.25 |
| 2025-11-20 | 9.03 |
| 2025-11-19 | 9.16 |
| 2025-11-18 | 9.22 |
| 2025-11-17 | 9.02 |
| 2025-11-14 | 9.53 |
| 2025-11-13 | 9.75 |
| 2025-11-12 | 10.03 |
| 2025-11-11 | 9.52 |
| 2025-11-10 | 9.64 |
| 2025-11-07 | 9.77 |
| 2025-11-06 | 9.60 |
| 2025-11-05 | 9.69 |
| 2025-11-04 | 9.10 |
| 2025-11-03 | 9.64 |
| 2025-10-31 | 9.43 |
| 2025-10-30 | 9.37 |
| 2025-10-29 | 9.62 |
| 2025-10-28 | 9.52 |
| 2025-10-27 | 9.91 |
| 2025-10-24 | 9.96 |
| 2025-10-23 | 9.60 |
| 2025-10-22 | 9.66 |
| 2025-10-21 | 10.04 |
| 2025-10-20 | 10.16 |
| 2025-10-17 | 9.94 |
| 2025-10-16 | 9.85 |
| 2025-10-15 | 10.44 |
| 2025-10-14 | 10.35 |
| 2025-10-13 | 9.95 |
| 2025-10-10 | 9.70 |
| 2025-10-09 | 10.16 |
| 2025-10-08 | 9.84 |
| 2025-10-07 | 9.69 |
| 2025-10-06 | 9.74 |
| 2025-10-03 | 9.56 |
| 2025-10-02 | 9.51 |
| 2025-10-01 | 9.34 |
| 2025-09-30 | 9.68 |
| 2025-09-29 | 9.89 |
| 2025-09-26 | 9.82 |
| 2025-09-25 | 9.94 |
| 2025-09-24 | 10.17 |
| 2025-09-23 | 10.44 |
| 2025-09-22 | 10.45 |
| 2025-09-19 | 10.66 |
| 2025-09-18 | 10.57 |
| 2025-09-17 | 10.58 |
| 2025-09-16 | 10.45 |
| 2025-09-15 | 10.49 |
| 2025-09-12 | 10.69 |
| 2025-09-11 | 10.97 |
| 2025-09-10 | 10.78 |
| 2025-09-09 | 10.60 |
| 2025-09-08 | 10.81 |
| 2025-09-05 | 10.69 |
| 2025-09-04 | 10.64 |
| 2025-09-03 | 10.65 |
| 2025-09-02 | 10.50 |
| 2025-08-29 | 10.53 |
| 2025-08-28 | 10.54 |
| 2025-08-27 | 10.45 |
| 2025-08-26 | 10.44 |
| 2025-08-25 | 10.26 |
| 2025-08-22 | 10.33 |
| 2025-08-21 | 9.75 |
| 2025-08-20 | 10.01 |
| 2025-08-19 | 10.25 |
| 2025-08-18 | 10.27 |
| 2025-08-15 | 10.12 |
| 2025-08-14 | 9.94 |
| 2025-08-13 | 10.01 |
| 2025-08-12 | 9.88 |
| 2025-08-11 | 8.96 |
| 2025-08-08 | 8.96 |
| 2025-08-07 | 8.82 |
| 2025-08-06 | 8.91 |
| 2025-08-05 | 8.79 |
| 2025-08-04 | 8.73 |
| 2025-08-01 | 8.48 |
| 2025-07-31 | 8.86 |
| 2025-07-30 | 9.05 |
| 2025-07-29 | 9.09 |
| 2025-07-28 | 9.27 |
| 2025-07-25 | 9.14 |
| 2025-07-24 | 9.00 |
| 2025-07-23 | 9.07 |
| 2025-07-22 | 9.11 |
| 2025-07-21 | 9.26 |
| 2025-07-18 | 9.25 |
Showing the most recent 260 of 3,436 data points. The chart above shows the full history.