Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
The EV/EBITDA ratio is 19.28x as of Tuesday, September 8, 2026.
EV/EBITDA RATIO
19.28x
EV/EBITDA RATIO AVG TTM
19.61x
EV/EBITDA RATIO AVG 3Y
19.09x
EV/EBITDA RATIO AVG 5Y
19.71x
EV/EBITDA RATIO AVG 10Y
21.41x
EV/EBITDA RATIO AVG 15Y
20.03x
EV/EBITDA RATIO AVG 20Y
18.08x
CURRENT VS TTM AVG
-1.67%
CURRENT VS 3Y AVG
+1.02%
CURRENT VS 5Y AVG
-2.17%
CURRENT VS 10Y AVG
-9.94%
CURRENT VS 15Y AVG
-3.74%
CURRENT VS 20Y AVG
+6.64%
SECTOR MEDIAN · REAL ESTATE
17.95x
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
+7.44%
vs the sector median at left
Agree Realty Corporation
Market Cap
$8.74B
EV/EBITDA Ratio
19.28x
TTM Avg
19.61x
3Y Avg
19.09x
5Y Avg
19.71x
Market Cap
$8.85B
EV/EBITDA Ratio
N/A
TTM Avg
118.95x
3Y Avg
50.92x
5Y Avg
39.85x
Market Cap
$8.18B
EV/EBITDA Ratio
21.00x
TTM Avg
22.33x
3Y Avg
20.44x
5Y Avg
20.74x
Market Cap
$10.13B
EV/EBITDA Ratio
17.68x
TTM Avg
15.75x
3Y Avg
16.16x
5Y Avg
16.78x
Market Cap
$7.02B
EV/EBITDA Ratio
24.01x
TTM Avg
24.85x
3Y Avg
24.58x
5Y Avg
25.94x
Market Cap
$10.53B
EV/EBITDA Ratio
17.30x
TTM Avg
17.21x
3Y Avg
17.26x
5Y Avg
20.14x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Agree Realty Corporation (ADC) | $8.74B | 19.28x | 19.61x | 19.09x | 19.71x |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.85B | N/A | 118.95x | 50.92x | 39.85x |
| CubeSmart (CUBE)vs › | $8.98B | 17.87x | 17.55x | 16.99x | 16.48x |
| NNN REIT, Inc. (NNN)vs › | $8.46B | 15.45x | 15.22x | 15.00x | 15.82x |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.18B | 21.00x | 22.33x | 20.44x | 20.74x |
| Federal Realty Investment Trust (FRT)vs › | $10.13B | 17.68x | 15.75x | 16.16x | 16.78x |
| Terreno Realty Corporation (TRNO)vs › | $7.02B | 24.01x | 24.85x | 24.58x | 25.94x |
| BXP, Inc. (BXP)vs › | $10.48B | 12.13x | 12.09x | 13.08x | 14.14x |
| Camden Property Trust (CPT)vs › | $10.53B | 17.30x | 17.21x | 17.26x | 20.14x |
| UDR, Inc. (UDR)vs › | $11.60B | 15.46x | 17.28x | 17.14x | 19.32x |
At 19.3, EV/EBITDA is near its 19-year median — higher than 55% of readings in its 19-year history.
19-year low
4.0
median
18.8
19-year high
28.9
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 |
|---|---|
| 2026-09-08 | 19.28x |
| 2026-09-04 | 19.25x |
| 2026-09-03 | 19.27x |
| 2026-09-02 | 19.25x |
| 2026-09-01 | 19.23x |
| 2026-08-31 | 19.18x |
| 2026-08-28 | 19.36x |
| 2026-08-27 | 19.36x |
| 2026-08-26 | 19.44x |
| 2026-08-25 | 19.56x |
| 2026-08-24 | 19.61x |
| 2026-08-21 | 19.48x |
| 2026-08-20 | 19.59x |
| 2026-08-19 | 19.58x |
| 2026-08-18 | 19.54x |
| 2026-08-17 | 19.60x |
| 2026-08-14 | 19.64x |
| 2026-08-13 | 19.71x |
| 2026-08-12 | 19.57x |
| 2026-08-11 | 19.39x |
| 2026-08-10 | 19.53x |
| 2026-08-07 | 19.80x |
| 2026-08-06 | 19.94x |
| 2026-08-05 | 19.89x |
| 2026-08-04 | 19.93x |
| 2026-08-03 | 20.04x |
| 2026-07-31 | 20.20x |
| 2026-07-30 | 20.31x |
| 2026-07-29 | 20.27x |
| 2026-07-28 | 20.41x |
| 2026-07-27 | 20.28x |
| 2026-07-24 | 20.32x |
| 2026-07-23 | 20.16x |
| 2026-07-22 | 20.24x |
| 2026-07-21 | 20.25x |
| 2026-07-20 | 20.31x |
| 2026-07-17 | 20.41x |
| 2026-07-16 | 20.34x |
| 2026-07-15 | 19.75x |
| 2026-07-14 | 19.82x |
| 2026-07-13 | 19.94x |
| 2026-07-10 | 19.81x |
| 2026-07-09 | 19.79x |
| 2026-07-08 | 19.81x |
| 2026-07-07 | 19.90x |
| 2026-07-06 | 19.67x |
| 2026-07-02 | 19.79x |
| 2026-07-01 | 19.50x |
| 2026-06-30 | 19.40x |
| 2026-06-29 | 19.62x |
| 2026-06-26 | 19.64x |
| 2026-06-25 | 19.44x |
| 2026-06-24 | 19.32x |
| 2026-06-23 | 19.14x |
| 2026-06-22 | 18.95x |
| 2026-06-18 | 18.93x |
| 2026-06-17 | 19.03x |
| 2026-06-16 | 19.21x |
| 2026-06-15 | 19.16x |
| 2026-06-12 | 19.41x |
| 2026-06-11 | 19.22x |
| 2026-06-10 | 19.36x |
| 2026-06-09 | 19.17x |
| 2026-06-08 | 18.93x |
| 2026-06-05 | 18.96x |
| 2026-06-04 | 18.73x |
| 2026-06-03 | 18.70x |
| 2026-06-02 | 18.82x |
| 2026-06-01 | 18.78x |
| 2026-05-29 | 19.10x |
| 2026-05-28 | 19.17x |
| 2026-05-27 | 19.24x |
| 2026-05-26 | 19.35x |
| 2026-05-22 | 19.34x |
| 2026-05-21 | 19.39x |
| 2026-05-20 | 19.36x |
| 2026-05-19 | 19.37x |
| 2026-05-18 | 19.40x |
| 2026-05-15 | 19.16x |
| 2026-05-14 | 19.31x |
| 2026-05-13 | 19.29x |
| 2026-05-12 | 19.55x |
| 2026-05-11 | 19.52x |
| 2026-05-08 | 19.49x |
| 2026-05-07 | 19.51x |
| 2026-05-06 | 19.54x |
| 2026-05-05 | 19.44x |
| 2026-05-04 | 19.45x |
| 2026-05-01 | 19.51x |
| 2026-04-30 | 19.65x |
| 2026-04-29 | 19.51x |
| 2026-04-28 | 19.61x |
| 2026-04-27 | 19.44x |
| 2026-04-24 | 19.58x |
| 2026-04-23 | 19.68x |
| 2026-04-22 | 19.57x |
| 2026-04-21 | 19.98x |
| 2026-04-20 | 20.27x |
| 2026-04-17 | 20.25x |
| 2026-04-16 | 20.15x |
| 2026-04-15 | 19.98x |
| 2026-04-14 | 19.94x |
| 2026-04-13 | 19.89x |
| 2026-04-10 | 20.01x |
| 2026-04-09 | 19.97x |
| 2026-04-08 | 19.75x |
| 2026-04-07 | 19.69x |
| 2026-04-06 | 19.52x |
| 2026-04-02 | 19.72x |
| 2026-04-01 | 19.57x |
| 2026-03-31 | 19.49x |
| 2026-03-30 | 19.41x |
| 2026-03-27 | 19.31x |
| 2026-03-26 | 19.31x |
| 2026-03-25 | 19.27x |
| 2026-03-24 | 19.46x |
| 2026-03-23 | 19.55x |
| 2026-03-20 | 19.63x |
| 2026-03-19 | 20.10x |
| 2026-03-18 | 20.18x |
| 2026-03-17 | 20.36x |
| 2026-03-16 | 20.31x |
| 2026-03-13 | 20.20x |
| 2026-03-12 | 20.29x |
| 2026-03-11 | 20.32x |
| 2026-03-10 | 20.44x |
| 2026-03-09 | 20.55x |
| 2026-03-06 | 20.60x |
| 2026-03-05 | 20.54x |
| 2026-03-04 | 20.69x |
| 2026-03-03 | 20.71x |
| 2026-03-02 | 20.56x |
| 2026-02-27 | 20.44x |
| 2026-02-26 | 20.31x |
| 2026-02-25 | 20.27x |
| 2026-02-24 | 20.21x |
| 2026-02-23 | 20.22x |
| 2026-02-20 | 20.02x |
| 2026-02-19 | 19.82x |
| 2026-02-18 | 19.73x |
| 2026-02-17 | 20.20x |
| 2026-02-13 | 19.99x |
| 2026-02-12 | 19.71x |
| 2026-02-11 | 19.74x |
| 2026-02-10 | 19.70x |
| 2026-02-09 | 19.99x |
| 2026-02-06 | 19.88x |
| 2026-02-05 | 20.14x |
| 2026-02-04 | 19.72x |
| 2026-02-03 | 19.40x |
| 2026-02-02 | 19.18x |
| 2026-01-30 | 19.41x |
| 2026-01-29 | 19.36x |
| 2026-01-28 | 19.19x |
| 2026-01-27 | 19.51x |
| 2026-01-26 | 19.49x |
| 2026-01-23 | 19.47x |
| 2026-01-22 | 19.37x |
| 2026-01-21 | 19.40x |
| 2026-01-20 | 19.59x |
| 2026-01-16 | 19.59x |
| 2026-01-15 | 19.37x |
| 2026-01-14 | 19.42x |
| 2026-01-13 | 19.25x |
| 2026-01-12 | 19.25x |
| 2026-01-09 | 19.08x |
| 2026-01-08 | 19.14x |
| 2026-01-07 | 19.07x |
| 2026-01-06 | 19.08x |
| 2026-01-05 | 19.33x |
| 2026-01-02 | 19.39x |
| 2025-12-31 | 19.37x |
| 2025-12-30 | 19.52x |
| 2025-12-29 | 19.47x |
| 2025-12-26 | 19.44x |
| 2025-12-24 | 19.44x |
| 2025-12-23 | 19.37x |
| 2025-12-22 | 19.43x |
| 2025-12-19 | 19.38x |
| 2025-12-18 | 19.43x |
| 2025-12-17 | 19.40x |
| 2025-12-16 | 19.19x |
| 2025-12-15 | 19.33x |
| 2025-12-12 | 19.32x |
| 2025-12-11 | 19.22x |
| 2025-12-10 | 19.22x |
| 2025-12-09 | 19.23x |
| 2025-12-08 | 19.49x |
| 2025-12-05 | 19.72x |
| 2025-12-04 | 19.81x |
| 2025-12-03 | 19.83x |
| 2025-12-02 | 19.77x |
| 2025-12-01 | 19.86x |
| 2025-11-28 | 19.97x |
| 2025-11-26 | 19.96x |
| 2025-11-25 | 19.95x |
| 2025-11-24 | 19.80x |
| 2025-11-21 | 19.84x |
| 2025-11-20 | 19.68x |
| 2025-11-19 | 19.60x |
| 2025-11-18 | 19.72x |
| 2025-11-17 | 19.71x |
| 2025-11-14 | 19.70x |
| 2025-11-13 | 19.68x |
| 2025-11-12 | 19.62x |
| 2025-11-11 | 19.70x |
| 2025-11-10 | 19.63x |
| 2025-11-07 | 19.63x |
| 2025-11-06 | 19.46x |
| 2025-11-05 | 19.45x |
| 2025-11-04 | 19.43x |
| 2025-11-03 | 19.56x |
| 2025-10-31 | 19.55x |
| 2025-10-30 | 19.53x |
| 2025-10-29 | 19.57x |
| 2025-10-28 | 19.75x |
| 2025-10-27 | 19.92x |
| 2025-10-24 | 19.89x |
| 2025-10-23 | 19.96x |
| 2025-10-22 | 19.96x |
| 2025-10-21 | 19.93x |
| 2025-10-20 | 20.13x |
| 2025-10-17 | 19.99x |
| 2025-10-16 | 19.90x |
| 2025-10-15 | 19.75x |
| 2025-10-14 | 19.63x |
| 2025-10-13 | 19.54x |
| 2025-10-10 | 19.43x |
| 2025-10-09 | 19.15x |
| 2025-10-08 | 19.13x |
| 2025-10-07 | 19.12x |
| 2025-10-06 | 19.08x |
| 2025-10-03 | 19.14x |
| 2025-10-02 | 19.16x |
| 2025-10-01 | 19.36x |
| 2025-09-30 | 19.23x |
| 2025-09-29 | 19.13x |
| 2025-09-26 | 19.27x |
| 2025-09-25 | 19.14x |
| 2025-09-24 | 19.16x |
| 2025-09-23 | 19.31x |
| 2025-09-22 | 19.20x |
| 2025-09-19 | 19.27x |
| 2025-09-18 | 19.32x |
| 2025-09-17 | 19.41x |
| 2025-09-16 | 19.42x |
| 2025-09-15 | 19.60x |
| 2025-09-12 | 19.62x |
| 2025-09-11 | 19.74x |
| 2025-09-10 | 19.41x |
| 2025-09-09 | 19.47x |
| 2025-09-08 | 19.53x |
| 2025-09-05 | 19.61x |
| 2025-09-04 | 19.41x |
| 2025-09-03 | 19.39x |
| 2025-09-02 | 19.45x |
| 2025-08-29 | 19.55x |
| 2025-08-28 | 19.54x |
| 2025-08-27 | 19.57x |
| 2025-08-26 | 19.44x |
Showing the most recent 260 of 4,903 data points. The chart above shows the full history.
