Basis: Current FMP quote-based enterprise value / four-quarter operating income plus matched D&A. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBITDA ratio high or low?
The EV/EBITDA ratio of 10.37x is 61% below its estimated 5-year average of 26.49x, near the low end of its estimated 5-year range (8.11x–54.03x).
As of 2026-09-10T14:15:25.000Z. 17.99% below its estimated 12-month average of 12.65x.
Quote observation: 2026-09-10T14:15:25.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: edb1e8b560b3630b7af3c35bb57cda011f0ca7e6c946fe4d59156f2be06e0e20
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-09.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/EBITDA RATIO
10.37x
EV/EBITDA RATIO AVG TTM
12.65x
EV/EBITDA RATIO AVG 3Y
23.49x
EV/EBITDA RATIO AVG 5Y
26.49x
EV/EBITDA RATIO AVG 10Y
34.04x
EV/EBITDA RATIO AVG 15Y
33.22x
EV/EBITDA RATIO AVG 20Y
29.29x
CURRENT VS TTM AVG
-17.99%
CURRENT VS 3Y AVG
-55.85%
CURRENT VS 5Y AVG
-60.85%
CURRENT VS 10Y AVG
-69.54%
CURRENT VS 15Y AVG
-68.78%
CURRENT VS 20Y AVG
-64.60%
SECTOR MEDIAN · TECHNOLOGY
26.03x
median of 157 covered companies
CURRENT VS SECTOR MEDIAN
-60.16%
vs the sector median at left
Market Cap
$104.76B
EV/EBITDA Ratio
19.40x
TTM Avg
43.34x
3Y Avg
38.05x
5Y Avg
36.44x
Market Cap
$107.06B
EV/EBITDA Ratio
23.66x
TTM Avg
21.54x
3Y Avg
20.93x
5Y Avg
21.51x
Market Cap
$86.96B
EV/EBITDA Ratio
20.45x
TTM Avg
16.18x
3Y Avg
10.76x
5Y Avg
8.74x
Market Cap
$117.47B
EV/EBITDA Ratio
42.70x
TTM Avg
33.31x
3Y Avg
35.58x
5Y Avg
44.68x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Adobe Inc. (ADBE) | $100.02B | 10.37x | 12.65x | 23.49x | 26.49x |
| AppLovin Corporation (APP)vs › | $104.76B | 19.40x | 43.34x | 38.05x | 36.44x |
| Automatic Data Processing, Inc. (ADP)vs › | $107.06B | 23.66x | 21.54x | 20.93x | 21.51x |
| Accenture plc (ACN)vs › | $108.94B | 8.49x | 10.67x | 16.35x | 17.59x |
| Cloudflare, Inc. (NET)vs › | $111.83B | N/A | N/A | N/A | N/A |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $86.96B | 20.45x | 16.18x | 10.76x | 8.74x |
| Intuit Inc. (INTU)vs › | $86.25B | N/A | 22.42x | 34.61x | 37.24x |
| Snowflake Inc. (SNOW)vs › | $117.01B | N/A | N/A | N/A | N/A |
| Fortinet, Inc. (FTNT)vs › | $117.47B | 42.70x | 33.31x | 35.58x | 44.68x |
| Datadog, Inc. (DDOG)vs › | $79.67B | 957.92x | 3018.03x | 1813.36x | 2262.69x |
At 10.4, EV/EBITDA is below its estimated 20-year median — higher than 5% of readings in its estimated 20-year history.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
estimated 20-year low
6.1
median
30.0
estimated 20-year high
58.1
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-09-09 | 10.62x |
| 2026-09-08 | 10.72x |
| 2026-09-04 | 11.10x |
| 2026-09-03 | 11.88x |
| 2026-09-02 | 11.64x |
| 2026-09-01 | 11.89x |
| 2026-08-31 | 12.17x |
| 2026-08-28 | 12.12x |
| 2026-08-27 | 12.02x |
| 2026-08-26 | 11.38x |
| 2026-08-25 | 11.40x |
| 2026-08-24 | 11.49x |
| 2026-08-21 | 11.45x |
| 2026-08-20 | 11.33x |
| 2026-08-19 | 11.34x |
| 2026-08-18 | 10.96x |
| 2026-08-17 | 10.59x |
| 2026-08-14 | 10.99x |
| 2026-08-13 | 11.26x |
| 2026-08-12 | 10.78x |
| 2026-08-11 | 10.98x |
| 2026-08-10 | 11.36x |
| 2026-08-07 | 11.04x |
| 2026-08-06 | 10.84x |
| 2026-08-05 | 10.80x |
| 2026-08-04 | 10.73x |
| 2026-08-03 | 10.48x |
| 2026-07-31 | 10.44x |
| 2026-07-30 | 10.34x |
| 2026-07-29 | 10.97x |
| 2026-07-28 | 10.39x |
| 2026-07-27 | 9.92x |
| 2026-07-24 | 9.41x |
| 2026-07-23 | 8.88x |
| 2026-07-22 | 9.13x |
| 2026-07-21 | 9.49x |
| 2026-07-20 | 9.80x |
| 2026-07-17 | 9.90x |
| 2026-07-16 | 9.82x |
| 2026-07-15 | 9.38x |
| 2026-07-14 | 9.23x |
| 2026-07-13 | 9.63x |
| 2026-07-10 | 9.35x |
| 2026-07-09 | 9.31x |
| 2026-07-08 | 9.24x |
| 2026-07-07 | 9.26x |
| 2026-07-06 | 9.12x |
| 2026-07-02 | 9.19x |
| 2026-07-01 | 8.83x |
| 2026-06-30 | 8.59x |
| 2026-06-29 | 8.64x |
| 2026-06-26 | 8.49x |
| 2026-06-25 | 8.11x |
| 2026-06-24 | 8.24x |
| 2026-06-23 | 8.28x |
| 2026-06-22 | 8.17x |
| 2026-06-18 | 8.18x |
| 2026-06-17 | 8.23x |
| 2026-06-16 | 8.68x |
| 2026-06-15 | 8.74x |
| 2026-06-12 | 8.65x |
| 2026-06-11 | 9.27x |
| 2026-06-10 | 9.89x |
| 2026-06-09 | 10.08x |
| 2026-06-08 | 10.38x |
| 2026-06-05 | 10.65x |
| 2026-06-04 | 10.94x |
| 2026-06-03 | 10.85x |
| 2026-06-02 | 11.10x |
| 2026-06-01 | 11.60x |
| 2026-05-29 | 10.98x |
| 2026-05-28 | 10.23x |
| 2026-05-27 | 10.09x |
| 2026-05-26 | 10.19x |
| 2026-05-22 | 10.37x |
| 2026-05-21 | 10.34x |
| 2026-05-20 | 10.73x |
| 2026-05-19 | 10.80x |
| 2026-05-18 | 10.82x |
| 2026-05-15 | 10.49x |
| 2026-05-14 | 10.04x |
| 2026-05-13 | 10.00x |
| 2026-05-12 | 10.20x |
| 2026-05-11 | 10.42x |
| 2026-05-08 | 10.72x |
| 2026-05-07 | 10.86x |
| 2026-05-06 | 10.59x |
| 2026-05-05 | 10.82x |
| 2026-05-04 | 10.75x |
| 2026-05-01 | 10.62x |
| 2026-04-30 | 10.42x |
| 2026-04-29 | 10.32x |
| 2026-04-28 | 10.30x |
| 2026-04-27 | 10.14x |
| 2026-04-24 | 10.39x |
| 2026-04-23 | 10.12x |
| 2026-04-22 | 10.84x |
| 2026-04-21 | 10.47x |
| 2026-04-20 | 10.53x |
| 2026-04-17 | 10.35x |
| 2026-04-16 | 10.51x |
| 2026-04-15 | 10.36x |
| 2026-04-14 | 9.98x |
| 2026-04-13 | 10.17x |
| 2026-04-10 | 9.55x |
| 2026-04-09 | 9.74x |
| 2026-04-08 | 10.14x |
| 2026-04-07 | 10.17x |
| 2026-04-06 | 10.35x |
| 2026-04-02 | 10.29x |
| 2026-04-01 | 10.22x |
| 2026-03-31 | 10.29x |
| 2026-03-30 | 10.21x |
| 2026-03-27 | 9.95x |
| 2026-03-26 | 10.20x |
| 2026-03-25 | 10.52x |
| 2026-03-24 | 10.59x |
| 2026-03-23 | 10.97x |
| 2026-03-20 | 10.99x |
| 2026-03-19 | 10.90x |
| 2026-03-18 | 10.90x |
| 2026-03-17 | 11.26x |
| 2026-03-16 | 11.16x |
| 2026-03-13 | 11.04x |
| 2026-03-12 | 11.94x |
| 2026-03-11 | 12.11x |
| 2026-03-10 | 12.17x |
| 2026-03-09 | 12.49x |
| 2026-03-06 | 12.55x |
| 2026-03-05 | 12.46x |
| 2026-03-04 | 12.09x |
| 2026-03-03 | 11.99x |
| 2026-03-02 | 11.55x |
| 2026-02-27 | 11.62x |
| 2026-02-26 | 11.47x |
| 2026-02-25 | 11.42x |
| 2026-02-24 | 11.30x |
| 2026-02-23 | 10.93x |
| 2026-02-20 | 11.45x |
| 2026-02-19 | 11.48x |
| 2026-02-18 | 11.65x |
| 2026-02-17 | 11.53x |
| 2026-02-13 | 11.69x |
| 2026-02-12 | 11.62x |
| 2026-02-11 | 11.39x |
| 2026-02-10 | 11.72x |
| 2026-02-09 | 11.81x |
| 2026-02-06 | 11.88x |
| 2026-02-05 | 11.92x |
| 2026-02-04 | 12.37x |
| 2026-02-03 | 12.03x |
| 2026-02-02 | 12.97x |
| 2026-01-30 | 12.97x |
| 2026-01-29 | 12.90x |
| 2026-01-28 | 13.24x |
| 2026-01-27 | 13.15x |
| 2026-01-26 | 13.47x |
| 2026-01-23 | 13.31x |
| 2026-01-22 | 13.25x |
| 2026-01-21 | 13.01x |
| 2026-01-20 | 12.84x |
| 2026-01-16 | 13.09x |
| 2026-01-15 | 14.31x |
| 2026-01-14 | 14.32x |
| 2026-01-13 | 14.58x |
| 2026-01-12 | 15.40x |
| 2026-01-09 | 15.70x |
| 2026-01-08 | 15.93x |
| 2026-01-07 | 15.89x |
| 2026-01-06 | 15.79x |
| 2026-01-05 | 15.59x |
| 2026-01-02 | 15.67x |
| 2025-12-31 | 16.44x |
| 2025-12-30 | 16.56x |
| 2025-12-29 | 16.59x |
| 2025-12-26 | 16.62x |
| 2025-12-24 | 16.58x |
| 2025-12-23 | 16.55x |
| 2025-12-22 | 16.79x |
| 2025-12-19 | 16.71x |
| 2025-12-18 | 16.71x |
| 2025-12-17 | 16.66x |
| 2025-12-16 | 16.34x |
| 2025-12-15 | 16.50x |
| 2025-12-12 | 16.74x |
| 2025-12-11 | 16.46x |
| 2025-12-10 | 16.12x |
| 2025-12-09 | 16.18x |
| 2025-12-08 | 15.94x |
| 2025-12-05 | 16.27x |
| 2025-12-04 | 15.45x |
| 2025-12-03 | 15.36x |
| 2025-12-02 | 15.18x |
| 2025-12-01 | 15.18x |
| 2025-11-28 | 15.05x |
| 2025-11-26 | 14.93x |
| 2025-11-25 | 15.03x |
| 2025-11-24 | 14.99x |
| 2025-11-21 | 15.24x |
| 2025-11-20 | 14.69x |
| 2025-11-19 | 14.96x |
| 2025-11-18 | 15.26x |
| 2025-11-17 | 15.28x |
| 2025-11-14 | 15.56x |
| 2025-11-13 | 15.68x |
| 2025-11-12 | 15.84x |
| 2025-11-11 | 15.66x |
| 2025-11-10 | 15.46x |
| 2025-11-07 | 15.37x |
| 2025-11-06 | 15.39x |
| 2025-11-05 | 15.77x |
| 2025-11-04 | 15.76x |
| 2025-11-03 | 15.86x |
| 2025-10-31 | 15.99x |
| 2025-10-30 | 15.94x |
| 2025-10-29 | 15.88x |
| 2025-10-28 | 16.90x |
| 2025-10-27 | 16.80x |
| 2025-10-24 | 16.61x |
| 2025-10-23 | 16.63x |
| 2025-10-22 | 16.63x |
| 2025-10-21 | 16.79x |
| 2025-10-20 | 16.14x |
| 2025-10-17 | 15.66x |
| 2025-10-16 | 15.48x |
| 2025-10-15 | 15.54x |
| 2025-10-14 | 15.79x |
| 2025-10-13 | 15.95x |
| 2025-10-10 | 15.86x |
| 2025-10-09 | 16.32x |
| 2025-10-08 | 16.38x |
| 2025-10-07 | 16.36x |
| 2025-10-06 | 16.45x |
| 2025-10-03 | 16.29x |
| 2025-10-02 | 16.51x |
| 2025-10-01 | 16.15x |
| 2025-09-30 | 16.57x |
| 2025-09-29 | 16.88x |
| 2025-09-26 | 16.92x |
| 2025-09-25 | 16.64x |
| 2025-09-24 | 17.03x |
| 2025-09-23 | 17.44x |
| 2025-09-22 | 17.55x |
| 2025-09-19 | 17.63x |
| 2025-09-18 | 17.71x |
| 2025-09-17 | 17.45x |
| 2025-09-16 | 17.00x |
| 2025-09-15 | 16.74x |
| 2025-09-12 | 16.84x |
| 2025-09-11 | 16.90x |
| 2025-09-10 | 16.88x |
| 2025-09-09 | 17.07x |
| 2025-09-08 | 17.29x |
| 2025-09-05 | 16.82x |
| 2025-09-04 | 16.60x |
| 2025-09-03 | 16.80x |
| 2025-09-02 | 16.67x |
| 2025-08-29 | 17.19x |
| 2025-08-28 | 17.06x |
| 2025-08-27 | 17.18x |
Showing the most recent 260 of 5,014 data points. The chart above shows the full history.
