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 21.18 as of 2026-09-26T00:16:14.983Z.
Consensus retrieved: 2026-09-10T03:53:20.365Z. 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: 2026-09-26T00:16:14.983Z.
Quote observation: 2026-09-25T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d99ecd1970818e2751cf3cf390099a0720f72b324dacd24ab08fb060fa4286dc
Forward PE Ratio (21.18) = Dated Quote Price ($1047.06) / Consensus Forward EPS ($49.43)
FORWARD PE RATIO
21.18
SECTOR MEDIAN · INDUSTRIALS
23.60
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
-10.25%
vs the sector median at left
United Rentals, Inc.
Market Cap
$65.17B
Forward PE Ratio
21.18
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| United Rentals, Inc. (URI) | $65.17B | 21.18 |
| Republic Services, Inc. (RSG)vs › | $65.26B | 29.15 |
| Honeywell International Inc. (HON)vs › | $67.37B | 25.53 |
| FedEx Corporation (FDX)vs › | $67.63B | 16.16 |
| TransDigm Group Incorporated (TDG)vs › | $62.43B | 27.18 |
| Norfolk Southern Corporation (NSC)vs › | $70.30B | 24.11 |
| W.W. Grainger, Inc. (GWW)vs › | $58.69B | 26.73 |
| PACCAR Inc (PCAR)vs › | $58.59B | 18.71 |
| Comfort Systems USA, Inc. (FIX)vs › | $58.38B | 33.85 |
| Cummins Inc. (CMI)vs › | $72.45B | 17.77 |
Trailing P/E
25.4
reported TTM EPS
Forward P/E
21.2
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $49.43 implies +19.7% EPS growth vs the reported trailing $41.30.
At the dated quote price of $1047.06, 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 | $49.43 | $47.04 – $51.74 | 15 | 21.2x |
| 2027-12-31 | $57.18 | $54.44 – $63.90 | 15 | 18.3x |
| 2028-12-31 | $65.08 | $58.38 – $71.21 | 9 | 16.1x |
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