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 26.58x is 10% above its estimated 5-year average of 24.14x, around the middle of its estimated 5-year range (12.74x–40.35x).
As of 2026-09-15T14:35:16.803Z. 14.20% below its estimated 12-month average of 30.98x.
Calculation as of: 2026-09-15T14:35:16.803Z.
Quote observation: 2026-09-15T14:35:11.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 9c96ea1fa25dcf2d63aaa352e209777e0bc786129b0296c4eb70b6eb5f80994d
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 2026-09-11.
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
26.58x
EV/EBITDA RATIO AVG TTM
30.98x
EV/EBITDA RATIO AVG 3Y
26.62x
EV/EBITDA RATIO AVG 5Y
24.14x
EV/EBITDA RATIO AVG 10Y
22.31x
EV/EBITDA RATIO AVG 15Y
20.06x
EV/EBITDA RATIO AVG 20Y
17.86x
CURRENT VS TTM AVG
-14.20%
CURRENT VS 3Y AVG
-0.16%
CURRENT VS 5Y AVG
+10.10%
CURRENT VS 10Y AVG
+19.12%
CURRENT VS 15Y AVG
+32.49%
CURRENT VS 20Y AVG
+48.81%
SECTOR MEDIAN · TECHNOLOGY
25.18x
median of 157 covered companies
CURRENT VS SECTOR MEDIAN
+5.56%
vs the sector median at left
Analog Devices, Inc.
Market Cap
$176.59B
EV/EBITDA Ratio
26.58x
TTM Avg
30.98x
3Y Avg
26.62x
5Y Avg
24.14x
Market Cap
$175.27B
EV/EBITDA Ratio
40.60x
TTM Avg
40.01x
3Y Avg
62.88x
5Y Avg
44.32x
Market Cap
$169.59B
EV/EBITDA Ratio
89.76x
TTM Avg
120.79x
3Y Avg
128.40x
5Y Avg
184.77x
Market Cap
$192.44B
EV/EBITDA Ratio
22.12x
TTM Avg
28.09x
3Y Avg
25.92x
5Y Avg
23.10x
Market Cap
$196.17B
EV/EBITDA Ratio
17.55x
TTM Avg
14.36x
3Y Avg
15.88x
5Y Avg
14.23x
Market Cap
$196.80B
EV/EBITDA Ratio
69.77x
TTM Avg
53.50x
3Y Avg
78.89x
5Y Avg
69.67x
Market Cap
$146.41B
EV/EBITDA Ratio
55.38x
TTM Avg
54.96x
3Y Avg
93.75x
5Y Avg
118.84x
Market Cap
$145.95B
EV/EBITDA Ratio
20.35x
TTM Avg
29.16x
3Y Avg
68.09x
5Y Avg
77.16x
Market Cap
$145.89B
EV/EBITDA Ratio
29.77x
TTM Avg
32.46x
3Y Avg
32.13x
5Y Avg
19.33x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Analog Devices, Inc. (ADI) | $176.59B | 26.58x | 30.98x | 26.62x | 24.14x |
| Seagate Technology Holdings plc (STX)vs › | $175.27B | 40.60x | 40.01x | 62.88x | 44.32x |
| Shopify Inc. (SHOP)vs › | $169.59B | 89.76x | 120.79x | 128.40x | 184.77x |
| Amphenol Corporation (APH)vs › | $192.44B | 22.12x | 28.09x | 25.92x | 23.10x |
| QUALCOMM Incorporated (QCOM)vs › | $196.17B | 17.55x | 14.36x | 15.88x | 14.23x |
| Marvell Technology, Inc. (MRVL)vs › | $196.80B | 69.77x | 53.50x | 78.89x | 69.67x |
| ServiceNow, Inc. (NOW)vs › | $146.41B | 55.38x | 54.96x | 93.75x | 118.84x |
| Uber Technologies, Inc. (UBER)vs › | $145.95B | 20.35x | 29.16x | 68.09x | 77.16x |
| Western Digital Corporation (WDC)vs › | $145.89B | 29.77x | 32.46x | 32.13x | 19.33x |
| Salesforce, Inc. (CRM)vs › | $209.97B | 18.27x | 17.16x | 24.86x | 31.11x |
At 26.6, EV/EBITDA is above its estimated 20-year median — higher than 88% 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
5.3
median
17.6
estimated 20-year high
40.4
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 |
|---|---|
| 2026-09-11 | 27.90x |
| 2026-09-10 | 26.66x |
| 2026-09-09 | 26.93x |
| 2026-09-08 | 26.79x |
| 2026-09-04 | 26.73x |
| 2026-09-03 | 26.32x |
| 2026-09-02 | 26.26x |
| 2026-09-01 | 26.18x |
| 2026-08-31 | 26.72x |
| 2026-08-28 | 26.69x |
| 2026-08-27 | 27.60x |
| 2026-08-26 | 27.40x |
| 2026-08-25 | 27.54x |
| 2026-08-24 | 27.36x |
| 2026-08-21 | 27.50x |
| 2026-08-20 | 27.29x |
| 2026-08-19 | 31.02x |
| 2026-08-18 | 31.29x |
| 2026-08-17 | 32.38x |
| 2026-08-14 | 32.31x |
| 2026-08-13 | 31.65x |
| 2026-08-12 | 31.91x |
| 2026-08-11 | 31.98x |
| 2026-08-10 | 31.87x |
| 2026-08-07 | 32.35x |
| 2026-08-06 | 31.34x |
| 2026-08-05 | 31.37x |
| 2026-08-04 | 31.58x |
| 2026-08-03 | 30.10x |
| 2026-07-31 | 30.54x |
| 2026-07-30 | 30.49x |
| 2026-07-29 | 29.42x |
| 2026-07-28 | 30.42x |
| 2026-07-27 | 30.90x |
| 2026-07-24 | 30.90x |
| 2026-07-23 | 31.57x |
| 2026-07-22 | 32.10x |
| 2026-07-21 | 31.78x |
| 2026-07-20 | 30.95x |
| 2026-07-17 | 31.18x |
| 2026-07-16 | 31.60x |
| 2026-07-15 | 32.44x |
| 2026-07-14 | 32.58x |
| 2026-07-13 | 32.04x |
| 2026-07-10 | 32.81x |
| 2026-07-09 | 32.65x |
| 2026-07-08 | 31.99x |
| 2026-07-07 | 31.48x |
| 2026-07-06 | 32.27x |
| 2026-07-02 | 31.33x |
| 2026-07-01 | 32.28x |
| 2026-06-30 | 32.94x |
| 2026-06-29 | 32.50x |
| 2026-06-26 | 32.11x |
| 2026-06-25 | 34.60x |
| 2026-06-24 | 34.22x |
| 2026-06-23 | 33.75x |
| 2026-06-22 | 36.82x |
| 2026-06-18 | 35.93x |
| 2026-06-17 | 34.32x |
| 2026-06-16 | 34.45x |
| 2026-06-15 | 35.38x |
| 2026-06-12 | 34.59x |
| 2026-06-11 | 34.14x |
| 2026-06-10 | 32.57x |
| 2026-06-09 | 33.53x |
| 2026-06-08 | 33.48x |
| 2026-06-05 | 33.28x |
| 2026-06-04 | 35.47x |
| 2026-06-03 | 36.19x |
| 2026-06-02 | 35.03x |
| 2026-06-01 | 33.38x |
| 2026-05-29 | 34.28x |
| 2026-05-28 | 34.69x |
| 2026-05-27 | 34.52x |
| 2026-05-26 | 34.77x |
| 2026-05-22 | 32.93x |
| 2026-05-21 | 31.89x |
| 2026-05-20 | 37.23x |
| 2026-05-19 | 38.71x |
| 2026-05-18 | 39.09x |
| 2026-05-15 | 38.99x |
| 2026-05-14 | 39.84x |
| 2026-05-13 | 40.35x |
| 2026-05-12 | 39.19x |
| 2026-05-11 | 39.47x |
| 2026-05-08 | 38.91x |
| 2026-05-07 | 38.18x |
| 2026-05-06 | 38.83x |
| 2026-05-05 | 37.84x |
| 2026-05-04 | 37.14x |
| 2026-05-01 | 37.20x |
| 2026-04-30 | 37.61x |
| 2026-04-29 | 36.43x |
| 2026-04-28 | 35.89x |
| 2026-04-27 | 36.73x |
| 2026-04-24 | 37.37x |
| 2026-04-23 | 37.76x |
| 2026-04-22 | 35.72x |
| 2026-04-21 | 35.16x |
| 2026-04-20 | 35.68x |
| 2026-04-17 | 34.81x |
| 2026-04-16 | 33.21x |
| 2026-04-15 | 32.68x |
| 2026-04-14 | 32.74x |
| 2026-04-13 | 32.86x |
| 2026-04-10 | 32.88x |
| 2026-04-09 | 32.99x |
| 2026-04-08 | 32.52x |
| 2026-04-07 | 30.81x |
| 2026-04-06 | 30.81x |
| 2026-04-02 | 29.99x |
| 2026-04-01 | 30.19x |
| 2026-03-31 | 29.97x |
| 2026-03-30 | 28.60x |
| 2026-03-27 | 29.00x |
| 2026-03-26 | 29.54x |
| 2026-03-25 | 30.32x |
| 2026-03-24 | 30.30x |
| 2026-03-23 | 29.43x |
| 2026-03-20 | 29.18x |
| 2026-03-19 | 29.27x |
| 2026-03-18 | 29.10x |
| 2026-03-17 | 29.56x |
| 2026-03-16 | 29.31x |
| 2026-03-13 | 28.87x |
| 2026-03-12 | 28.98x |
| 2026-03-11 | 30.07x |
| 2026-03-10 | 30.03x |
| 2026-03-09 | 30.11x |
| 2026-03-06 | 29.76x |
| 2026-03-05 | 31.02x |
| 2026-03-04 | 32.09x |
| 2026-03-03 | 31.86x |
| 2026-03-02 | 33.08x |
| 2026-02-27 | 33.39x |
| 2026-02-26 | 33.26x |
| 2026-02-25 | 33.84x |
| 2026-02-24 | 33.42x |
| 2026-02-23 | 33.33x |
| 2026-02-20 | 33.32x |
| 2026-02-19 | 32.44x |
| 2026-02-18 | 35.89x |
| 2026-02-17 | 35.01x |
| 2026-02-13 | 34.97x |
| 2026-02-12 | 34.39x |
| 2026-02-11 | 34.96x |
| 2026-02-10 | 33.77x |
| 2026-02-09 | 33.55x |
| 2026-02-06 | 33.30x |
| 2026-02-05 | 33.47x |
| 2026-02-04 | 33.30x |
| 2026-02-03 | 32.39x |
| 2026-02-02 | 32.94x |
| 2026-01-30 | 32.35x |
| 2026-01-29 | 33.13x |
| 2026-01-28 | 33.02x |
| 2026-01-27 | 31.64x |
| 2026-01-26 | 31.66x |
| 2026-01-23 | 31.82x |
| 2026-01-22 | 32.11x |
| 2026-01-21 | 31.75x |
| 2026-01-20 | 30.82x |
| 2026-01-16 | 31.28x |
| 2026-01-15 | 31.47x |
| 2026-01-14 | 31.06x |
| 2026-01-13 | 30.88x |
| 2026-01-12 | 30.64x |
| 2026-01-09 | 31.35x |
| 2026-01-08 | 31.17x |
| 2026-01-07 | 30.55x |
| 2026-01-06 | 30.55x |
| 2026-01-05 | 28.99x |
| 2026-01-02 | 28.63x |
| 2025-12-31 | 28.38x |
| 2025-12-30 | 28.74x |
| 2025-12-29 | 28.82x |
| 2025-12-26 | 28.94x |
| 2025-12-24 | 29.01x |
| 2025-12-23 | 28.93x |
| 2025-12-22 | 28.84x |
| 2025-12-19 | 28.70x |
| 2025-12-18 | 28.75x |
| 2025-12-17 | 28.36x |
| 2025-12-16 | 29.10x |
| 2025-12-15 | 29.30x |
| 2025-12-12 | 29.19x |
| 2025-12-11 | 29.60x |
| 2025-12-10 | 29.41x |
| 2025-12-09 | 28.88x |
| 2025-12-08 | 29.17x |
| 2025-12-05 | 29.39x |
| 2025-12-04 | 28.98x |
| 2025-12-03 | 29.08x |
| 2025-12-02 | 28.55x |
| 2025-12-01 | 27.91x |
| 2025-11-28 | 27.79x |
| 2025-11-26 | 27.05x |
| 2025-11-25 | 28.72x |
| 2025-11-24 | 27.35x |
| 2025-11-21 | 26.58x |
| 2025-11-20 | 25.81x |
| 2025-11-19 | 26.57x |
| 2025-11-18 | 26.35x |
| 2025-11-17 | 26.32x |
| 2025-11-14 | 26.86x |
| 2025-11-13 | 27.15x |
| 2025-11-12 | 27.57x |
| 2025-11-11 | 26.70x |
| 2025-11-10 | 26.55x |
| 2025-11-07 | 26.17x |
| 2025-11-06 | 26.64x |
| 2025-11-05 | 26.98x |
| 2025-11-04 | 26.26x |
| 2025-11-03 | 26.72x |
| 2025-10-31 | 26.78x |
| 2025-10-30 | 26.65x |
| 2025-10-29 | 26.88x |
| 2025-10-28 | 27.35x |
| 2025-10-27 | 27.74x |
| 2025-10-24 | 27.20x |
| 2025-10-23 | 27.77x |
| 2025-10-22 | 27.45x |
| 2025-10-21 | 28.11x |
| 2025-10-20 | 28.09x |
| 2025-10-17 | 27.73x |
| 2025-10-16 | 27.59x |
| 2025-10-15 | 27.22x |
| 2025-10-14 | 26.92x |
| 2025-10-13 | 26.84x |
| 2025-10-10 | 25.82x |
| 2025-10-09 | 27.19x |
| 2025-10-08 | 27.19x |
| 2025-10-07 | 26.74x |
| 2025-10-06 | 27.69x |
| 2025-10-03 | 27.63x |
| 2025-10-02 | 27.60x |
| 2025-10-01 | 27.34x |
| 2025-09-30 | 28.03x |
| 2025-09-29 | 27.94x |
| 2025-09-26 | 28.24x |
| 2025-09-25 | 28.23x |
| 2025-09-24 | 28.35x |
| 2025-09-23 | 28.15x |
| 2025-09-22 | 28.21x |
| 2025-09-19 | 27.99x |
| 2025-09-18 | 28.40x |
| 2025-09-17 | 28.10x |
| 2025-09-16 | 27.86x |
| 2025-09-15 | 27.95x |
| 2025-09-12 | 27.98x |
| 2025-09-11 | 28.31x |
| 2025-09-10 | 28.20x |
| 2025-09-09 | 28.30x |
| 2025-09-08 | 28.39x |
| 2025-09-05 | 28.18x |
| 2025-09-04 | 28.08x |
| 2025-09-03 | 27.91x |
| 2025-09-02 | 28.32x |
| 2025-08-29 | 28.64x |
Showing the most recent 260 of 4,837 data points. The chart above shows the full history.