Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 22.99.
Forward PE Ratio (22.99) = Close Price ($1120.75) / Consensus Forward EPS ($49.12)
FORWARD PE RATIO
22.99
SECTOR MEDIAN · INDUSTRIALS
25.04
median of 121 covered companies
CURRENT VS SECTOR MEDIAN
-8.19%
vs the sector median at left
United Rentals, Inc.
Market Cap
$69.76B
Forward PE Ratio
22.99
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| United Rentals, Inc. (URI) | $69.76B | 22.99 |
| TransDigm Group Incorporated (TDG)vs › | $69.72B | 30.29 |
| Bloom Energy Corporation (BE)vs › | $69.57B | 89.66 |
| PACCAR Inc (PCAR)vs › | $68.81B | 22.29 |
| Republic Services, Inc. (RSG)vs › | $66.22B | 29.41 |
| Honeywell International Inc. (HON)vs › | $74.16B | 28.29 |
| Norfolk Southern Corporation (NSC)vs › | $75.91B | 26.05 |
| W.W. Grainger, Inc. (GWW)vs › | $62.38B | 28.21 |
| Canadian National Railway Company (CNI)vs › | $77.25B | 15.37 |
| Comfort Systems USA, Inc. (FIX)vs › | $60.77B | 35.51 |
Trailing P/E
27.3
reported TTM EPS
Forward P/E
23.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $49.12 implies +18.9% EPS growth vs the reported trailing $41.30.
At today's $1120.75 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 | $49.12 | $46.95 – $51.63 | 15 | 22.8x |
| 2027-12-31 | $56.44 | $54.02 – $63.41 | 15 | 19.9x |
| 2028-12-31 | $64.65 | $58.20 – $70.99 | 9 | 17.3x |
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
