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 12.02x is in line with its estimated 5-year average of 12.82x, near the low end of its estimated 5-year range (11.21x–14.53x).
As of 2026-09-12T00:15:09.741Z. 7.66% below its estimated 12-month average of 13.02x.
Calculation as of: 2026-09-12T00:15:09.741Z.
Quote observation: 2026-09-11T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 23ddf7fb321058a315873a9a95ca24923625355eb5a355a39fb3352591a4d7d9
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 2026-09-10.
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
12.02x
EV/EBITDA RATIO AVG TTM
13.02x
EV/EBITDA RATIO AVG 3Y
12.44x
EV/EBITDA RATIO AVG 5Y
12.82x
EV/EBITDA RATIO AVG 10Y
12.48x
EV/EBITDA RATIO AVG 15Y
11.24x
EV/EBITDA RATIO AVG 20Y
10.43x
CURRENT VS TTM AVG
-7.66%
CURRENT VS 3Y AVG
-3.38%
CURRENT VS 5Y AVG
-6.22%
CURRENT VS 10Y AVG
-3.69%
CURRENT VS 15Y AVG
+6.90%
CURRENT VS 20Y AVG
+15.20%
SECTOR MEDIAN · UTILITIES
12.87x
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-6.60%
vs the sector median at left
American Electric Power Company, Inc.
Market Cap
$67.14B
EV/EBITDA Ratio
12.02x
TTM Avg
13.02x
3Y Avg
12.44x
5Y Avg
12.82x
Market Cap
$56.74B
EV/EBITDA Ratio
15.87x
TTM Avg
14.95x
3Y Avg
14.20x
5Y Avg
15.64x
Market Cap
$49.15B
EV/EBITDA Ratio
15.24x
TTM Avg
13.70x
3Y Avg
12.09x
5Y Avg
11.98x
Market Cap
$47.16B
EV/EBITDA Ratio
13.98x
TTM Avg
14.13x
3Y Avg
12.87x
5Y Avg
13.02x
Market Cap
$44.47B
EV/EBITDA Ratio
10.59x
TTM Avg
10.95x
3Y Avg
10.99x
5Y Avg
10.64x
Market Cap
$93.10B
EV/EBITDA Ratio
11.73x
TTM Avg
12.27x
3Y Avg
12.16x
5Y Avg
12.65x
Market Cap
$39.23B
EV/EBITDA Ratio
12.59x
TTM Avg
12.58x
3Y Avg
12.55x
5Y Avg
12.26x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Electric Power Company, Inc. (AEP) | $67.14B | 12.02x | 13.02x | 12.44x | 12.82x |
| Dominion Energy, Inc. (D)vs › | $56.74B | 15.87x | 14.95x | 14.20x | 15.64x |
| Sempra (SRE)vs › | $54.48B | 14.78x | 16.27x | 15.89x | 15.24x |
| Vistra Corp. (VST)vs › | $50.03B | 22.40x | 14.59x | 10.36x | 15.54x |
| Entergy Corporation (ETR)vs › | $49.15B | 15.24x | 13.70x | 12.09x | 11.98x |
| Xcel Energy Inc. (XEL)vs › | $47.16B | 13.98x | 14.13x | 12.87x | 13.02x |
| Exelon Corporation (EXC)vs › | $44.47B | 10.59x | 10.95x | 10.99x | 10.64x |
| Duke Energy Corporation (DUK)vs › | $93.10B | 11.73x | 12.27x | 12.16x | 12.65x |
| Consolidated Edison, Inc. (ED)vs › | $39.23B | 12.59x | 12.58x | 12.55x | 12.26x |
| PG&E Corporation (PCG)vs › | $36.99B | 10.41x | 10.45x | 10.78x | 11.22x |
At 12.0, EV/EBITDA is above its estimated 20-year median — higher than 66% 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
9.8
estimated 20-year high
15.2
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 |
|---|---|
| 2026-09-10 | 12.10x |
| 2026-09-09 | 12.17x |
| 2026-09-08 | 12.21x |
| 2026-09-04 | 12.16x |
| 2026-09-03 | 12.17x |
| 2026-09-02 | 12.11x |
| 2026-09-01 | 12.08x |
| 2026-08-31 | 12.05x |
| 2026-08-28 | 12.04x |
| 2026-08-27 | 12.06x |
| 2026-08-26 | 12.10x |
| 2026-08-25 | 12.07x |
| 2026-08-24 | 12.02x |
| 2026-08-21 | 11.96x |
| 2026-08-20 | 12.23x |
| 2026-08-19 | 12.26x |
| 2026-08-18 | 12.26x |
| 2026-08-17 | 12.27x |
| 2026-08-14 | 12.22x |
| 2026-08-13 | 12.21x |
| 2026-08-12 | 12.17x |
| 2026-08-11 | 12.11x |
| 2026-08-10 | 12.07x |
| 2026-08-07 | 12.23x |
| 2026-08-06 | 12.20x |
| 2026-08-05 | 12.27x |
| 2026-08-04 | 12.37x |
| 2026-08-03 | 12.37x |
| 2026-07-31 | 12.34x |
| 2026-07-30 | 13.85x |
| 2026-07-29 | 13.95x |
| 2026-07-28 | 14.18x |
| 2026-07-27 | 14.21x |
| 2026-07-24 | 14.33x |
| 2026-07-23 | 14.29x |
| 2026-07-22 | 14.18x |
| 2026-07-21 | 14.02x |
| 2026-07-20 | 14.05x |
| 2026-07-17 | 14.12x |
| 2026-07-16 | 14.18x |
| 2026-07-15 | 14.14x |
| 2026-07-14 | 14.30x |
| 2026-07-13 | 14.34x |
| 2026-07-10 | 14.33x |
| 2026-07-09 | 14.23x |
| 2026-07-08 | 14.36x |
| 2026-07-07 | 14.46x |
| 2026-07-06 | 14.36x |
| 2026-07-02 | 14.52x |
| 2026-07-01 | 14.30x |
| 2026-06-30 | 14.41x |
| 2026-06-29 | 14.48x |
| 2026-06-26 | 14.53x |
| 2026-06-25 | 14.42x |
| 2026-06-24 | 14.30x |
| 2026-06-23 | 14.22x |
| 2026-06-22 | 14.01x |
| 2026-06-18 | 13.84x |
| 2026-06-17 | 13.88x |
| 2026-06-16 | 13.97x |
| 2026-06-15 | 13.94x |
| 2026-06-12 | 13.94x |
| 2026-06-11 | 13.89x |
| 2026-06-10 | 13.90x |
| 2026-06-09 | 13.85x |
| 2026-06-08 | 13.79x |
| 2026-06-05 | 13.93x |
| 2026-06-04 | 13.85x |
| 2026-06-03 | 13.76x |
| 2026-06-02 | 13.81x |
| 2026-06-01 | 13.60x |
| 2026-05-29 | 13.78x |
| 2026-05-28 | 13.85x |
| 2026-05-27 | 13.96x |
| 2026-05-26 | 14.04x |
| 2026-05-22 | 14.09x |
| 2026-05-21 | 13.96x |
| 2026-05-20 | 13.92x |
| 2026-05-19 | 13.92x |
| 2026-05-18 | 13.84x |
| 2026-05-15 | 13.68x |
| 2026-05-14 | 13.90x |
| 2026-05-13 | 13.86x |
| 2026-05-12 | 14.11x |
| 2026-05-11 | 14.03x |
| 2026-05-08 | 14.00x |
| 2026-05-07 | 14.10x |
| 2026-05-06 | 14.15x |
| 2026-05-05 | 13.80x |
| 2026-05-04 | 13.66x |
| 2026-05-01 | 13.79x |
| 2026-04-30 | 13.80x |
| 2026-04-29 | 13.64x |
| 2026-04-28 | 13.71x |
| 2026-04-27 | 13.68x |
| 2026-04-24 | 13.66x |
| 2026-04-23 | 13.68x |
| 2026-04-22 | 13.48x |
| 2026-04-21 | 13.49x |
| 2026-04-20 | 13.58x |
| 2026-04-17 | 13.60x |
| 2026-04-16 | 13.65x |
| 2026-04-15 | 13.64x |
| 2026-04-14 | 13.71x |
| 2026-04-13 | 13.65x |
| 2026-04-10 | 13.75x |
| 2026-04-09 | 13.81x |
| 2026-04-08 | 13.66x |
| 2026-04-07 | 13.55x |
| 2026-04-06 | 13.52x |
| 2026-04-02 | 13.54x |
| 2026-04-01 | 13.48x |
| 2026-03-31 | 13.45x |
| 2026-03-30 | 13.45x |
| 2026-03-27 | 13.39x |
| 2026-03-26 | 13.31x |
| 2026-03-25 | 13.28x |
| 2026-03-24 | 13.31x |
| 2026-03-23 | 13.26x |
| 2026-03-20 | 13.12x |
| 2026-03-19 | 13.31x |
| 2026-03-18 | 13.44x |
| 2026-03-17 | 13.60x |
| 2026-03-16 | 13.63x |
| 2026-03-13 | 13.60x |
| 2026-03-12 | 13.51x |
| 2026-03-11 | 13.46x |
| 2026-03-10 | 13.52x |
| 2026-03-09 | 13.49x |
| 2026-03-06 | 13.49x |
| 2026-03-05 | 13.50x |
| 2026-03-04 | 13.59x |
| 2026-03-03 | 13.50x |
| 2026-03-02 | 13.58x |
| 2026-02-27 | 13.61x |
| 2026-02-26 | 13.51x |
| 2026-02-25 | 13.53x |
| 2026-02-24 | 13.52x |
| 2026-02-23 | 13.50x |
| 2026-02-20 | 13.34x |
| 2026-02-19 | 13.29x |
| 2026-02-18 | 13.22x |
| 2026-02-17 | 13.40x |
| 2026-02-13 | 13.38x |
| 2026-02-12 | 12.94x |
| 2026-02-11 | 12.69x |
| 2026-02-10 | 12.63x |
| 2026-02-09 | 12.62x |
| 2026-02-06 | 12.60x |
| 2026-02-05 | 12.59x |
| 2026-02-04 | 12.55x |
| 2026-02-03 | 12.59x |
| 2026-02-02 | 12.45x |
| 2026-01-30 | 12.54x |
| 2026-01-29 | 12.50x |
| 2026-01-28 | 12.50x |
| 2026-01-27 | 12.52x |
| 2026-01-26 | 12.43x |
| 2026-01-23 | 12.35x |
| 2026-01-22 | 12.38x |
| 2026-01-21 | 12.49x |
| 2026-01-20 | 12.50x |
| 2026-01-16 | 12.55x |
| 2026-01-15 | 12.52x |
| 2026-01-14 | 12.44x |
| 2026-01-13 | 12.35x |
| 2026-01-12 | 12.34x |
| 2026-01-09 | 12.36x |
| 2026-01-08 | 12.30x |
| 2026-01-07 | 12.17x |
| 2026-01-06 | 12.25x |
| 2026-01-05 | 12.19x |
| 2026-01-02 | 12.30x |
| 2025-12-31 | 12.27x |
| 2025-12-30 | 12.31x |
| 2025-12-29 | 12.29x |
| 2025-12-26 | 12.29x |
| 2025-12-24 | 12.27x |
| 2025-12-23 | 12.26x |
| 2025-12-22 | 12.23x |
| 2025-12-19 | 12.22x |
| 2025-12-18 | 12.28x |
| 2025-12-17 | 12.23x |
| 2025-12-16 | 12.22x |
| 2025-12-15 | 12.29x |
| 2025-12-12 | 12.20x |
| 2025-12-11 | 12.20x |
| 2025-12-10 | 12.20x |
| 2025-12-09 | 12.31x |
| 2025-12-08 | 12.29x |
| 2025-12-05 | 12.40x |
| 2025-12-04 | 12.43x |
| 2025-12-03 | 12.43x |
| 2025-12-02 | 12.50x |
| 2025-12-01 | 12.58x |
| 2025-11-28 | 12.78x |
| 2025-11-26 | 12.72x |
| 2025-11-25 | 12.65x |
| 2025-11-24 | 12.68x |
| 2025-11-21 | 12.60x |
| 2025-11-20 | 12.61x |
| 2025-11-19 | 12.66x |
| 2025-11-18 | 12.76x |
| 2025-11-17 | 12.78x |
| 2025-11-14 | 12.63x |
| 2025-11-13 | 12.64x |
| 2025-11-12 | 12.71x |
| 2025-11-11 | 12.72x |
| 2025-11-10 | 12.71x |
| 2025-11-07 | 12.64x |
| 2025-11-06 | 12.52x |
| 2025-11-05 | 12.54x |
| 2025-11-04 | 12.57x |
| 2025-11-03 | 12.55x |
| 2025-10-31 | 12.57x |
| 2025-10-30 | 12.67x |
| 2025-10-29 | 12.80x |
| 2025-10-28 | 12.37x |
| 2025-10-27 | 12.45x |
| 2025-10-24 | 12.42x |
| 2025-10-23 | 12.44x |
| 2025-10-22 | 12.50x |
| 2025-10-21 | 12.51x |
| 2025-10-20 | 12.54x |
| 2025-10-17 | 12.52x |
| 2025-10-16 | 12.52x |
| 2025-10-15 | 12.58x |
| 2025-10-14 | 12.57x |
| 2025-10-13 | 12.47x |
| 2025-10-10 | 12.49x |
| 2025-10-09 | 12.48x |
| 2025-10-08 | 12.56x |
| 2025-10-07 | 12.56x |
| 2025-10-06 | 12.40x |
| 2025-10-03 | 12.31x |
| 2025-10-02 | 12.27x |
| 2025-10-01 | 12.23x |
| 2025-09-30 | 12.21x |
| 2025-09-29 | 12.04x |
| 2025-09-26 | 12.00x |
| 2025-09-25 | 11.93x |
| 2025-09-24 | 11.99x |
| 2025-09-23 | 11.94x |
| 2025-09-22 | 11.88x |
| 2025-09-19 | 11.88x |
| 2025-09-18 | 11.84x |
| 2025-09-17 | 11.90x |
| 2025-09-16 | 11.86x |
| 2025-09-15 | 12.00x |
| 2025-09-12 | 12.02x |
| 2025-09-11 | 11.98x |
| 2025-09-10 | 11.95x |
| 2025-09-09 | 11.96x |
| 2025-09-08 | 11.91x |
| 2025-09-05 | 11.94x |
| 2025-09-04 | 11.97x |
| 2025-09-03 | 12.06x |
| 2025-09-02 | 12.06x |
| 2025-08-29 | 12.12x |
| 2025-08-28 | 12.17x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
