Industrial stocks with the lowest forward PE

Ranked

67

of 492 industrial stocks we cover

Median

24.0×

Lowest

10.8×

UAL

Range

10.8× to 197×

#	Company	Fwd PE	PE	Forward EPS growth	Market cap
1	UALUnited Airlines, Airlines, Airports & Air Services	10.8×	9.2×	−0.1%	$31.8B
2	DALDelta Air Lines, Airlines, Airports & Air Services	11.7×	15.3×	+20.3%	$50.5B
3	UPSUnited Parcel Service, Integrated Freight & Logistics	13.0×	18.7×	+11.8%	$86B
4	LUVSouthwest Airlines, Airlines, Airports & Air Services	13.6×	26.4×	+86.5%	$20.4B
5	FDXFedEx, Integrated Freight & Logistics	14.7×	16.1×	+0.8%	$70.7B
6	CMICummins, Industrial - Machinery	15.7×	26.4×	+35.8%	$71.2B
7	PCARPACCAR, Industrial - Machinery	16.2×	22.5×	+38.7%	$56.3B
8	OTISOtis Worldwide, Industrial - Machinery	17.5×	19.3×	+7.7%	$28.6B
9	DOVDover, Industrial - Machinery	17.7×	24.0×	+10.7%	$26.8B
10	CPRTCopart, Specialty Business Services	17.9×	18.7×	+4.7%	$26.9B
11	SUNBSunbelt Rentals, Rental & Leasing Services	18.0×	n/m	n/m	$32.2B
12	EMEEMCOR, Engineering & Construction	18.6×	20.1×	+17.6%	$28.6B
13	XYLXylem, Industrial - Machinery	18.6×	25.9×	+8.9%	$25.4B
14	CARRCarrier Global, Industrial - Machinery	18.6×	39.1×	+24.0%	$46.4B
15	MMM3M, Conglomerates	18.7×	30.8×	+8.6%	$89.5B
16	NOCNorthrop Grumman, Aerospace & Defense	18.9×	17.5×	+1.8%	$78.3B
17	FERGFerguson, Industrial - Distribution	18.9×	n/m	−0.2%	$43.9B
18	LMTLockheed Martin, Aerospace & Defense	19.2×	21.5×	+16.0%	$139.4B
19	PAYXPaychex, Staffing & Employment Services	19.5×	23.4×	+7.6%	$42B
20	IRIngersoll Rand, Industrial - Machinery	19.6×	30.2×	+8.5%	$28.5B
21	GDGeneral Dynamics, Aerospace & Defense	20.0×	21.3×	+6.5%	$94.5B
22	HONAHoneywell Aerospace, Aerospace & Defense	20.1×	n/m	n/m	$51.8B
23	LHXL3Harris Technologies, Aerospace & Defense	20.6×	25.6×	+8.1%	$47.3B
24	HUBBHubbell, Electrical Equipment & Parts	20.6×	26.5×	+12.5%	$23.7B
25	URIUnited Rentals, Rental & Leasing Services	20.8×	26.4×	+16.6%	$68.4B
26	NVTnVent Electric, Electrical Equipment & Parts	21.3×	34.4×	+35.5%	$20.3B
27	UNPUnion Pacific, Railroads	21.5×	22.8×	+11.0%	$174B
28	FIXComfort Systems USA, Engineering & Construction	22.0×	28.6×	+30.1%	$40.9B
29	EMREmerson Electric, Industrial - Machinery	22.8×	35.4×	+12.1%	$90.1B
30	VLTOVeralto, Industrial - Pollution & Treatment Controls	23.1×	26.3×	+7.4%	$25.4B
31	ITWIllinois Tool Works, Industrial - Machinery	23.5×	25.0×	+6.6%	$78.5B
32	TDGTransDigm, Aerospace & Defense	23.6×	33.5×	+18.0%	$61.1B
33	CSXCSX, Railroads	23.6×	29.4×	+19.5%	$94.1B
34	WABWestinghouse Air Brake Technologies, Railroads	24.0×	36.6×	+14.8%	$46B
35	CATCaterpillar, Agricultural - Machinery	24.1×	29.6×	+19.6%	$315.8B
36	HONHoneywell International, Conglomerates	24.1×	8.6×	−40.3%	$70.1B
37	ETNEaton, Electrical Equipment & Parts	24.2×	37.2×	+22.3%	$142.2B
38	NSCNorfolk Southern, Railroads	24.2×	28.2×	+7.2%	$74.1B
39	VRTVertiv, Electrical Equipment & Parts	24.6×	44.0×	+49.4%	$74.8B
40	PHParker-Hannifin, Industrial - Machinery	24.6×	30.9×	+10.8%	$111B
41	RTXRTX, Aerospace & Defense	24.7×	31.0×	+3.3%	$257.4B
42	EXPDExpeditors International of Washington, Integrated Freight & Logistics	24.7×	28.6×	+15.4%	$25.5B
43	TTTrane Technologies, Industrial - Machinery	26.8×	33.7×	+21.2%	$97.9B
44	AMEAMETEK, Electrical Equipment & Parts	27.4×	35.1×	+10.1%	$55B
45	ATIATI, Manufacturing - Metal Fabrication	27.6×	46.0×	+41.8%	$21.4B
46	JBHTJ.B. Hunt Transport Services, Integrated Freight & Logistics	27.6×	32.0×	+15.9%	$21.2B
47	GWWW.W. Grainger, Industrial - Distribution	27.8×	34.4×	+12.1%	$63.6B
48	WMWaste Management, Waste Management	28.1×	33.9×	+10.2%	$95.7B
49	CWCurtiss-Wright, Aerospace & Defense	28.8×	32.0×	+12.0%	$17.2B
50	ODFLOld Dominion Freight Line, Trucking	28.9×	35.2×	+21.7%	$37.9B
51	ROKRockwell Automation, Industrial - Machinery	29.3×	39.9×	+12.7%	$47.3B
52	PWRQuanta Services, Engineering & Construction	30.2×	62.6×	+34.7%	$82.2B
53	XPOXPO Logistics, Trucking	30.4×	53.9×	+29.5%	$21.5B
54	DEDeere, Agricultural - Machinery	30.8×	35.9×	+16.5%	$174.2B
55	HWMHowmet Aerospace, Aerospace & Defense	31.5×	40.1×	+29.7%	$74.1B
56	RSGRepublic Services, Waste Management	31.5×	34.1×	+5.8%	$73.6B
57	WCNWaste Connections, Waste Management	32.1×	45.0×	+6.4%	$47B
58	GEGE Aerospace, Aerospace & Defense	32.2×	32.5×	+15.2%	$296.4B
59	FASTFastenal, Industrial - Distribution	37.7×	44.0×	+16.7%	$59.6B
60	CTASCintas, Specialty Business Services	39.2×	44.2×	+11.4%	$89B
61	GEVGE Vernova, Industrial - Machinery	39.7×	23.3×	+128.4%	$217.1B
62	HEIHEICO, Aerospace & Defense	42.8×	49.5×	+15.6%	$41.6B
63	SPCXSpaceX, Aerospace & Defense	43.0×	n/m	n/m	$1.9T
64	AXONAxon Enterprise, Aerospace & Defense	47.0×	174×	+31.3%	$34.1B
65	BEBloom Energy, Electrical Equipment & Parts	52.1×	258×	+228.5%	$56.9B
66	SYMSymbotic, Industrial - Machinery	110×	436×	−57.2%	$23.8B
67	BABoeing, Aerospace & Defense	197×	81.5×	−35.9%	$148.9B

Not ranked: 422 with not a meaningful number, 1 with a loss over the last year.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.