Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. 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 29.30 is 11% below its 5-year average of 33.05, near the low end of its 5-year range (27.20–43.61).
As of 2026-09-26T00:16:17.401Z. 11.89% below its 12-month average of 33.25.
Calculation as of: 2026-09-26T00:16:17.401Z.
Quote observation: 2026-09-25T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 902a73be493f2b7388ede1cd0e67ffc47593c0e147f0753089251833d01c00e9
PE Ratio (29.30) = Close Price ($206.83) / Diluted TTM EPS ($7.06)
PE RATIO
29.30
PE RATIO AVG TTM
33.25
PE RATIO AVG 3Y
33.46
PE RATIO AVG 5Y
33.05
PE RATIO AVG 10Y
30.03
PE RATIO AVG 15Y
27.53
PE RATIO AVG 20Y
24.57
CURRENT VS TTM AVG
-11.89%
CURRENT VS 3Y AVG
-12.43%
CURRENT VS 5Y AVG
-11.36%
CURRENT VS 10Y AVG
-2.45%
CURRENT VS 15Y AVG
+6.44%
CURRENT VS 20Y AVG
+19.23%
SECTOR MEDIAN · INDUSTRIALS
28.39
median of 128 covered companies
CURRENT VS SECTOR MEDIAN
+3.21%
vs the sector median at left
Market Cap
$85.03B
PE Ratio
381.98
TTM Avg
3136.26
3Y Avg
3100.34
5Y Avg
3100.34
Market Cap
$76.40B
PE Ratio
28.18
TTM Avg
25.32
3Y Avg
25.78
5Y Avg
25.75
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waste Management, Inc. (WM) | $82.67B | 29.30 | 33.25 | 33.46 | 33.05 |
| Bloom Energy Corporation (BE)vs › | $85.03B | 381.98 | 3136.26 | 3100.34 | 3100.34 |
| Cintas Corporation (CTAS)vs › | $80.00B | 40.71 | 40.52 | 45.40 | 42.00 |
| United Parcel Service, Inc. (UPS)vs › | $79.80B | 17.46 | 16.05 | 16.89 | 17.12 |
| Illinois Tool Works Inc. (ITW)vs › | $78.92B | 24.87 | 24.77 | 23.95 | 24.29 |
| CSX Corporation (CSX)vs › | $86.66B | 27.04 | 26.09 | 20.99 | 19.88 |
| 3M Company (MMM)vs › | $87.41B | 30.11 | 27.24 | 29.50 | 21.19 |
| Emerson Electric Co. (EMR)vs › | $88.55B | 34.60 | 32.95 | 31.62 | 29.55 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $76.40B | 28.18 | 25.32 | 25.78 | 25.75 |
| General Dynamics Corporation (GD)vs › | $91.10B | 20.52 | 22.51 | 21.77 | 20.59 |
At 29.3, P/E is above its 20-year median — higher than 66% of readings in its 20-year history.
20-year low
10.2
median
24.8
20-year high
245.2
Trailing P/E
29.3
Forward P/E
25.5
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$206.83
Forward EPS (Est.)
$8.11
Forward P/E
25.50
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 |
|---|---|
| 2026-09-09 | 30.66 |
| 2026-09-08 | 30.85 |
| 2026-09-04 | 31.02 |
| 2026-09-03 | 31.41 |
| 2026-09-02 | 31.03 |
| 2026-09-01 | 31.13 |
| 2026-08-31 | 31.01 |
| 2026-08-28 | 31.11 |
| 2026-08-27 | 30.84 |
| 2026-08-26 | 31.34 |
| 2026-08-25 | 31.46 |
| 2026-08-24 | 32.08 |
| 2026-08-21 | 31.74 |
| 2026-08-20 | 31.86 |
| 2026-08-19 | 31.88 |
| 2026-08-18 | 31.67 |
| 2026-08-17 | 31.73 |
| 2026-08-14 | 31.81 |
| 2026-08-13 | 31.76 |
| 2026-08-12 | 32.06 |
| 2026-08-11 | 32.13 |
| 2026-08-10 | 32.10 |
| 2026-08-07 | 32.25 |
| 2026-08-06 | 32.44 |
| 2026-08-05 | 31.77 |
| 2026-08-04 | 31.91 |
| 2026-08-03 | 32.07 |
| 2026-07-31 | 32.09 |
| 2026-07-30 | 32.06 |
| 2026-07-29 | 34.24 |
| 2026-07-28 | 34.65 |
| 2026-07-27 | 34.43 |
| 2026-07-24 | 34.55 |
| 2026-07-23 | 34.34 |
| 2026-07-22 | 34.21 |
| 2026-07-21 | 33.75 |
| 2026-07-20 | 34.59 |
| 2026-07-17 | 34.63 |
| 2026-07-16 | 35.06 |
| 2026-07-15 | 33.69 |
| 2026-07-14 | 33.90 |
| 2026-07-13 | 34.26 |
| 2026-07-10 | 33.77 |
| 2026-07-09 | 33.53 |
| 2026-07-08 | 33.86 |
| 2026-07-07 | 34.33 |
| 2026-07-06 | 33.14 |
| 2026-07-02 | 33.34 |
| 2026-07-01 | 32.43 |
| 2026-06-30 | 32.25 |
| 2026-06-29 | 32.33 |
| 2026-06-26 | 32.64 |
| 2026-06-25 | 32.28 |
| 2026-06-24 | 32.31 |
| 2026-06-23 | 31.67 |
| 2026-06-22 | 30.87 |
| 2026-06-18 | 31.06 |
| 2026-06-17 | 31.24 |
| 2026-06-16 | 31.63 |
| 2026-06-15 | 31.40 |
| 2026-06-12 | 31.76 |
| 2026-06-11 | 31.66 |
| 2026-06-10 | 32.46 |
| 2026-06-09 | 32.03 |
| 2026-06-08 | 31.28 |
| 2026-06-05 | 31.90 |
| 2026-06-04 | 31.69 |
| 2026-06-03 | 31.55 |
| 2026-06-02 | 30.67 |
| 2026-06-01 | 30.75 |
| 2026-05-29 | 30.60 |
| 2026-05-28 | 31.03 |
| 2026-05-27 | 31.20 |
| 2026-05-26 | 31.18 |
| 2026-05-22 | 31.53 |
| 2026-05-21 | 31.51 |
| 2026-05-20 | 31.78 |
| 2026-05-19 | 32.18 |
| 2026-05-18 | 32.23 |
| 2026-05-15 | 31.81 |
| 2026-05-14 | 31.67 |
| 2026-05-13 | 31.32 |
| 2026-05-12 | 31.50 |
| 2026-05-11 | 30.99 |
| 2026-05-08 | 31.17 |
| 2026-05-07 | 32.05 |
| 2026-05-06 | 31.91 |
| 2026-05-05 | 32.49 |
| 2026-05-04 | 32.97 |
| 2026-05-01 | 33.11 |
| 2026-04-30 | 33.65 |
| 2026-04-29 | 34.37 |
| 2026-04-28 | 33.93 |
| 2026-04-27 | 33.76 |
| 2026-04-24 | 34.26 |
| 2026-04-23 | 34.75 |
| 2026-04-22 | 33.42 |
| 2026-04-21 | 33.35 |
| 2026-04-20 | 33.46 |
| 2026-04-17 | 33.43 |
| 2026-04-16 | 33.44 |
| 2026-04-15 | 33.57 |
| 2026-04-14 | 33.89 |
| 2026-04-13 | 34.48 |
| 2026-04-10 | 34.25 |
| 2026-04-09 | 34.79 |
| 2026-04-08 | 34.54 |
| 2026-04-07 | 34.82 |
| 2026-04-06 | 34.90 |
| 2026-04-02 | 35.14 |
| 2026-04-01 | 34.48 |
| 2026-03-31 | 34.30 |
| 2026-03-30 | 34.32 |
| 2026-03-27 | 33.59 |
| 2026-03-26 | 33.81 |
| 2026-03-25 | 33.56 |
| 2026-03-24 | 33.57 |
| 2026-03-23 | 33.96 |
| 2026-03-20 | 34.51 |
| 2026-03-19 | 34.90 |
| 2026-03-18 | 34.89 |
| 2026-03-17 | 35.23 |
| 2026-03-16 | 35.37 |
| 2026-03-13 | 35.60 |
| 2026-03-12 | 35.61 |
| 2026-03-11 | 35.30 |
| 2026-03-10 | 35.16 |
| 2026-03-09 | 36.79 |
| 2026-03-06 | 36.72 |
| 2026-03-05 | 36.73 |
| 2026-03-04 | 36.41 |
| 2026-03-03 | 36.33 |
| 2026-03-02 | 36.28 |
| 2026-02-27 | 35.95 |
| 2026-02-26 | 34.91 |
| 2026-02-25 | 34.04 |
| 2026-02-24 | 34.27 |
| 2026-02-23 | 34.41 |
| 2026-02-20 | 34.37 |
| 2026-02-19 | 34.84 |
| 2026-02-18 | 34.93 |
| 2026-02-17 | 35.11 |
| 2026-02-13 | 35.00 |
| 2026-02-12 | 34.48 |
| 2026-02-11 | 35.02 |
| 2026-02-10 | 34.59 |
| 2026-02-09 | 36.30 |
| 2026-02-06 | 35.71 |
| 2026-02-05 | 35.69 |
| 2026-02-04 | 35.66 |
| 2026-02-03 | 35.45 |
| 2026-02-02 | 35.14 |
| 2026-01-30 | 35.00 |
| 2026-01-29 | 35.14 |
| 2026-01-28 | 36.47 |
| 2026-01-27 | 36.43 |
| 2026-01-26 | 36.26 |
| 2026-01-23 | 36.10 |
| 2026-01-22 | 36.06 |
| 2026-01-21 | 35.67 |
| 2026-01-20 | 34.85 |
| 2026-01-16 | 34.84 |
| 2026-01-15 | 34.62 |
| 2026-01-14 | 34.46 |
| 2026-01-13 | 34.04 |
| 2026-01-12 | 34.42 |
| 2026-01-09 | 34.79 |
| 2026-01-08 | 34.31 |
| 2026-01-07 | 34.01 |
| 2026-01-06 | 34.50 |
| 2026-01-05 | 34.56 |
| 2026-01-02 | 34.39 |
| 2025-12-31 | 34.60 |
| 2025-12-30 | 34.98 |
| 2025-12-29 | 35.01 |
| 2025-12-26 | 34.82 |
| 2025-12-24 | 34.86 |
| 2025-12-23 | 34.70 |
| 2025-12-22 | 34.59 |
| 2025-12-19 | 34.07 |
| 2025-12-18 | 34.38 |
| 2025-12-17 | 34.61 |
| 2025-12-16 | 34.47 |
| 2025-12-15 | 34.38 |
| 2025-12-12 | 33.95 |
| 2025-12-11 | 33.39 |
| 2025-12-10 | 32.94 |
| 2025-12-09 | 32.96 |
| 2025-12-08 | 33.11 |
| 2025-12-05 | 33.63 |
| 2025-12-04 | 33.73 |
| 2025-12-03 | 34.04 |
| 2025-12-02 | 33.79 |
| 2025-12-01 | 34.00 |
| 2025-11-28 | 34.31 |
| 2025-11-26 | 34.23 |
| 2025-11-25 | 34.05 |
| 2025-11-24 | 33.36 |
| 2025-11-21 | 34.11 |
| 2025-11-20 | 34.14 |
| 2025-11-19 | 33.96 |
| 2025-11-18 | 33.28 |
| 2025-11-17 | 32.75 |
| 2025-11-14 | 32.94 |
| 2025-11-13 | 32.21 |
| 2025-11-12 | 32.09 |
| 2025-11-11 | 32.01 |
| 2025-11-10 | 31.57 |
| 2025-11-07 | 31.80 |
| 2025-11-06 | 31.44 |
| 2025-11-05 | 31.58 |
| 2025-11-04 | 31.60 |
| 2025-11-03 | 30.99 |
| 2025-10-31 | 31.46 |
| 2025-10-30 | 31.59 |
| 2025-10-29 | 31.11 |
| 2025-10-28 | 30.30 |
| 2025-10-27 | 31.72 |
| 2025-10-24 | 31.85 |
| 2025-10-23 | 32.06 |
| 2025-10-22 | 32.12 |
| 2025-10-21 | 31.88 |
| 2025-10-20 | 31.96 |
| 2025-10-17 | 31.97 |
| 2025-10-16 | 31.65 |
| 2025-10-15 | 31.70 |
| 2025-10-14 | 32.36 |
| 2025-10-13 | 32.21 |
| 2025-10-10 | 32.53 |
| 2025-10-09 | 32.27 |
| 2025-10-08 | 32.64 |
| 2025-10-07 | 32.28 |
| 2025-10-06 | 32.30 |
| 2025-10-03 | 32.61 |
| 2025-10-02 | 32.18 |
| 2025-10-01 | 32.62 |
| 2025-09-30 | 32.76 |
| 2025-09-29 | 32.56 |
| 2025-09-26 | 32.45 |
| 2025-09-25 | 32.22 |
| 2025-09-24 | 32.55 |
| 2025-09-23 | 32.38 |
| 2025-09-22 | 32.19 |
| 2025-09-19 | 32.11 |
| 2025-09-18 | 32.04 |
| 2025-09-17 | 32.00 |
| 2025-09-16 | 31.73 |
| 2025-09-15 | 32.07 |
| 2025-09-12 | 32.37 |
| 2025-09-11 | 32.72 |
| 2025-09-10 | 32.30 |
| 2025-09-09 | 32.52 |
| 2025-09-08 | 32.50 |
| 2025-09-05 | 32.65 |
| 2025-09-04 | 33.38 |
| 2025-09-03 | 33.30 |
| 2025-09-02 | 33.49 |
| 2025-08-29 | 33.59 |
| 2025-08-28 | 33.32 |
| 2025-08-27 | 33.51 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.