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 21.72 as of 2026-09-22T00:16:43.775Z.
Consensus retrieved: 2026-09-10T03:54:38.387Z. 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: 2026-09-22T00:16:43.775Z.
Quote observation: 2026-09-21T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 20fe0f37c4b30f42c945336f75d35184c5eb337ee8cb56e941c6c7425b446610
Forward PE Ratio (21.72) = Dated Quote Price ($95.18) / Consensus Forward EPS ($4.38)
FORWARD PE RATIO
21.72
SECTOR MEDIAN · INDUSTRIALS
23.35
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
-6.98%
vs the sector median at left
Veralto Corporation
Market Cap
$23.20B
Forward PE Ratio
21.72
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Veralto Corporation (VLTO) | $23.20B | 21.72 |
| Hubbell Incorporated (HUBB)vs › | $24.17B | 22.36 |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $22.18B | 30.14 |
| MTU Aero Engines AG (MTUAY)vs › | $21.65B | N/A |
| Xylem Inc. (XYL)vs › | $25.04B | 18.93 |
| Dover Corporation (DOV)vs › | $25.06B | 17.40 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $25.13B | 24.92 |
| Otis Worldwide Corporation (OTIS)vs › | $25.37B | 16.47 |
| Curtiss-Wright Corporation (CW)vs › | $20.98B | 37.14 |
| nVent Electric plc (NVT)vs › | $25.78B | 31.03 |
Trailing P/E
24.0
reported TTM EPS
Forward P/E
21.7
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.38 implies +10.6% EPS growth vs the reported trailing $3.96.
At the dated quote price of $95.18, 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 | $4.38 | $4.31 – $4.41 | 7 | 21.7x |
| 2027-12-31 | $4.78 | $4.71 – $4.82 | 7 | 19.9x |
| 2028-12-31 | $5.25 | $5.19 – $5.32 | 2 | 18.1x |
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
