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.
The EV/EBITDA ratio is 18.06x as of 2026-09-16T20:10:22.020Z.
Calculation as of: 2026-09-16T20:10:22.020Z.
Quote observation: 2026-09-16T19:59:58.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 1b24d448d80d3e00f48c240fb6feb021faf7e939612186651a95d042345a5a91
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
18.06x
EV/EBITDA RATIO AVG TTM
18.58x
EV/EBITDA RATIO AVG 3Y
20.42x
EV/EBITDA RATIO AVG 5Y
22.75x
EV/EBITDA RATIO AVG 10Y
24.62x
EV/EBITDA RATIO AVG 15Y
22.99x
EV/EBITDA RATIO AVG 20Y
22.27x
CURRENT VS TTM AVG
-2.77%
CURRENT VS 3Y AVG
-11.54%
CURRENT VS 5Y AVG
-20.63%
CURRENT VS 10Y AVG
-26.64%
CURRENT VS 15Y AVG
-21.43%
CURRENT VS 20Y AVG
-18.89%
SECTOR MEDIAN · REAL ESTATE
18.36x
median of 36 covered companies
CURRENT VS SECTOR MEDIAN
-1.63%
vs the sector median at left
American Tower Corporation
Market Cap
$82.23B
EV/EBITDA Ratio
18.06x
TTM Avg
18.58x
3Y Avg
20.42x
5Y Avg
22.75x
Market Cap
$67.01B
EV/EBITDA Ratio
25.89x
TTM Avg
29.08x
3Y Avg
29.75x
5Y Avg
27.59x
Market Cap
$65.76B
EV/EBITDA Ratio
18.81x
TTM Avg
19.53x
3Y Avg
18.20x
5Y Avg
17.87x
Market Cap
$53.28B
EV/EBITDA Ratio
N/A
TTM Avg
18.64x
3Y Avg
17.66x
5Y Avg
19.65x
Market Cap
$40.15B
EV/EBITDA Ratio
21.70x
TTM Avg
22.64x
3Y Avg
21.17x
5Y Avg
18.53x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Tower Corporation (AMT) | $82.23B | 18.06x | 18.58x | 20.42x | 22.75x |
| Digital Realty Trust, Inc. (DLR)vs › | $67.01B | 25.89x | 29.08x | 29.75x | 27.59x |
| Simon Property Group, Inc. (SPG)vs › | $65.76B | 18.81x | 19.53x | 18.20x | 17.87x |
| Equinix, Inc. (EQIX)vs › | $100.27B | 28.34x | 29.13x | 28.60x | 28.33x |
| Public Storage (PSA)vs › | $55.00B | 18.41x | 17.17x | 17.90x | 20.16x |
| Realty Income Corporation (O)vs › | $53.28B | N/A | 18.64x | 17.66x | 19.65x |
| Ventas, Inc. (VTR)vs › | $42.90B | 24.30x | 23.60x | 20.77x | 20.08x |
| CBRE Group, Inc. (CBRE)vs › | $40.15B | 21.70x | 22.64x | 21.17x | 18.53x |
| Prologis, Inc. (PLD)vs › | $125.01B | 25.47x | 25.20x | 23.02x | 24.14x |
| Iron Mountain Incorporated (IRM)vs › | $33.40B | 21.41x | 22.84x | 22.86x | 20.09x |
At 18.1, EV/EBITDA is below its estimated 20-year median — higher than 6% 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
12.9
median
21.8
estimated 20-year high
35.8
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 | 18.17x |
| 2026-09-10 | 17.84x |
| 2026-09-09 | 18.00x |
| 2026-09-08 | 18.02x |
| 2026-09-04 | 18.03x |
| 2026-09-03 | 18.16x |
| 2026-09-02 | 17.84x |
| 2026-09-01 | 18.04x |
| 2026-08-31 | 18.02x |
| 2026-08-28 | 18.06x |
| 2026-08-27 | 17.92x |
| 2026-08-26 | 18.02x |
| 2026-08-25 | 18.22x |
| 2026-08-24 | 18.20x |
| 2026-08-21 | 18.03x |
| 2026-08-20 | 18.02x |
| 2026-08-19 | 17.94x |
| 2026-08-18 | 17.80x |
| 2026-08-17 | 17.79x |
| 2026-08-14 | 18.01x |
| 2026-08-13 | 17.92x |
| 2026-08-12 | 17.67x |
| 2026-08-11 | 17.61x |
| 2026-08-10 | 17.58x |
| 2026-08-07 | 17.81x |
| 2026-08-06 | 17.72x |
| 2026-08-05 | 17.51x |
| 2026-08-04 | 17.99x |
| 2026-08-03 | 17.84x |
| 2026-07-31 | 17.87x |
| 2026-07-30 | 17.94x |
| 2026-07-29 | 18.26x |
| 2026-07-28 | 18.01x |
| 2026-07-27 | 17.68x |
| 2026-07-24 | 17.68x |
| 2026-07-23 | 17.54x |
| 2026-07-22 | 17.64x |
| 2026-07-21 | 17.45x |
| 2026-07-20 | 17.70x |
| 2026-07-17 | 17.91x |
| 2026-07-16 | 17.83x |
| 2026-07-15 | 17.81x |
| 2026-07-14 | 17.82x |
| 2026-07-13 | 17.87x |
| 2026-07-10 | 17.81x |
| 2026-07-09 | 17.56x |
| 2026-07-08 | 17.57x |
| 2026-07-07 | 17.58x |
| 2026-07-06 | 17.37x |
| 2026-07-02 | 17.63x |
| 2026-07-01 | 17.64x |
| 2026-06-30 | 17.47x |
| 2026-06-29 | 17.81x |
| 2026-06-26 | 18.28x |
| 2026-06-25 | 17.82x |
| 2026-06-24 | 18.21x |
| 2026-06-23 | 18.54x |
| 2026-06-22 | 18.34x |
| 2026-06-18 | 18.31x |
| 2026-06-17 | 18.66x |
| 2026-06-16 | 18.89x |
| 2026-06-15 | 18.97x |
| 2026-06-12 | 19.07x |
| 2026-06-11 | 19.22x |
| 2026-06-10 | 19.43x |
| 2026-06-09 | 19.32x |
| 2026-06-08 | 19.20x |
| 2026-06-05 | 19.54x |
| 2026-06-04 | 19.53x |
| 2026-06-03 | 18.73x |
| 2026-06-02 | 18.96x |
| 2026-06-01 | 19.09x |
| 2026-05-29 | 19.06x |
| 2026-05-28 | 19.04x |
| 2026-05-27 | 18.92x |
| 2026-05-26 | 18.92x |
| 2026-05-22 | 18.84x |
| 2026-05-21 | 18.84x |
| 2026-05-20 | 18.86x |
| 2026-05-19 | 18.79x |
| 2026-05-18 | 18.40x |
| 2026-05-15 | 17.95x |
| 2026-05-14 | 17.94x |
| 2026-05-13 | 18.17x |
| 2026-05-12 | 18.50x |
| 2026-05-11 | 18.41x |
| 2026-05-08 | 18.35x |
| 2026-05-07 | 18.57x |
| 2026-05-06 | 18.59x |
| 2026-05-05 | 18.45x |
| 2026-05-04 | 18.64x |
| 2026-05-01 | 18.69x |
| 2026-04-30 | 18.77x |
| 2026-04-29 | 18.46x |
| 2026-04-28 | 18.32x |
| 2026-04-27 | 18.11x |
| 2026-04-24 | 18.31x |
| 2026-04-23 | 18.36x |
| 2026-04-22 | 18.18x |
| 2026-04-21 | 18.08x |
| 2026-04-20 | 18.54x |
| 2026-04-17 | 18.59x |
| 2026-04-16 | 18.34x |
| 2026-04-15 | 18.23x |
| 2026-04-14 | 18.19x |
| 2026-04-13 | 18.49x |
| 2026-04-10 | 18.38x |
| 2026-04-09 | 18.43x |
| 2026-04-08 | 18.17x |
| 2026-04-07 | 18.03x |
| 2026-04-06 | 18.17x |
| 2026-04-02 | 18.01x |
| 2026-04-01 | 17.82x |
| 2026-03-31 | 17.93x |
| 2026-03-30 | 17.78x |
| 2026-03-27 | 17.72x |
| 2026-03-26 | 17.68x |
| 2026-03-25 | 17.57x |
| 2026-03-24 | 17.78x |
| 2026-03-23 | 18.19x |
| 2026-03-20 | 18.21x |
| 2026-03-19 | 18.62x |
| 2026-03-18 | 18.48x |
| 2026-03-17 | 18.77x |
| 2026-03-16 | 18.75x |
| 2026-03-13 | 18.73x |
| 2026-03-12 | 18.42x |
| 2026-03-11 | 18.62x |
| 2026-03-10 | 18.84x |
| 2026-03-09 | 18.88x |
| 2026-03-06 | 19.01x |
| 2026-03-05 | 18.95x |
| 2026-03-04 | 19.16x |
| 2026-03-03 | 19.12x |
| 2026-03-02 | 19.12x |
| 2026-02-27 | 19.23x |
| 2026-02-26 | 18.77x |
| 2026-02-25 | 18.60x |
| 2026-02-24 | 19.37x |
| 2026-02-23 | 19.36x |
| 2026-02-20 | 19.17x |
| 2026-02-19 | 19.00x |
| 2026-02-18 | 19.12x |
| 2026-02-17 | 19.57x |
| 2026-02-13 | 19.50x |
| 2026-02-12 | 19.23x |
| 2026-02-11 | 18.70x |
| 2026-02-10 | 18.57x |
| 2026-02-09 | 18.24x |
| 2026-02-06 | 18.07x |
| 2026-02-05 | 18.09x |
| 2026-02-04 | 18.43x |
| 2026-02-03 | 18.20x |
| 2026-02-02 | 18.24x |
| 2026-01-30 | 18.62x |
| 2026-01-29 | 18.76x |
| 2026-01-28 | 18.50x |
| 2026-01-27 | 18.68x |
| 2026-01-26 | 18.63x |
| 2026-01-23 | 18.58x |
| 2026-01-22 | 18.46x |
| 2026-01-21 | 18.54x |
| 2026-01-20 | 18.52x |
| 2026-01-16 | 18.92x |
| 2026-01-15 | 18.78x |
| 2026-01-14 | 18.50x |
| 2026-01-13 | 18.26x |
| 2026-01-12 | 18.09x |
| 2026-01-09 | 17.88x |
| 2026-01-08 | 18.01x |
| 2026-01-07 | 17.95x |
| 2026-01-06 | 18.38x |
| 2026-01-05 | 18.41x |
| 2026-01-02 | 18.31x |
| 2025-12-31 | 18.37x |
| 2025-12-30 | 18.45x |
| 2025-12-29 | 18.38x |
| 2025-12-26 | 18.42x |
| 2025-12-24 | 18.31x |
| 2025-12-23 | 18.29x |
| 2025-12-22 | 18.16x |
| 2025-12-19 | 18.15x |
| 2025-12-18 | 18.28x |
| 2025-12-17 | 18.57x |
| 2025-12-16 | 18.61x |
| 2025-12-15 | 18.69x |
| 2025-12-12 | 18.72x |
| 2025-12-11 | 18.79x |
| 2025-12-10 | 18.69x |
| 2025-12-09 | 18.64x |
| 2025-12-08 | 18.89x |
| 2025-12-05 | 18.59x |
| 2025-12-04 | 18.59x |
| 2025-12-03 | 18.41x |
| 2025-12-02 | 18.38x |
| 2025-12-01 | 18.41x |
| 2025-11-28 | 18.76x |
| 2025-11-26 | 18.76x |
| 2025-11-25 | 18.65x |
| 2025-11-24 | 18.64x |
| 2025-11-21 | 18.64x |
| 2025-11-20 | 18.61x |
| 2025-11-19 | 18.70x |
| 2025-11-18 | 18.78x |
| 2025-11-17 | 18.70x |
| 2025-11-14 | 18.92x |
| 2025-11-13 | 18.75x |
| 2025-11-12 | 18.90x |
| 2025-11-11 | 19.00x |
| 2025-11-10 | 18.65x |
| 2025-11-07 | 18.53x |
| 2025-11-06 | 18.54x |
| 2025-11-05 | 18.63x |
| 2025-11-04 | 18.69x |
| 2025-11-03 | 18.44x |
| 2025-10-31 | 18.60x |
| 2025-10-30 | 18.63x |
| 2025-10-29 | 18.61x |
| 2025-10-28 | 19.26x |
| 2025-10-27 | 19.75x |
| 2025-10-24 | 19.87x |
| 2025-10-23 | 19.79x |
| 2025-10-22 | 19.85x |
| 2025-10-21 | 19.93x |
| 2025-10-20 | 19.98x |
| 2025-10-17 | 19.86x |
| 2025-10-16 | 19.87x |
| 2025-10-15 | 19.77x |
| 2025-10-14 | 19.52x |
| 2025-10-13 | 19.29x |
| 2025-10-10 | 19.53x |
| 2025-10-09 | 19.44x |
| 2025-10-08 | 19.46x |
| 2025-10-07 | 19.55x |
| 2025-10-06 | 19.46x |
| 2025-10-03 | 19.78x |
| 2025-10-02 | 19.85x |
| 2025-10-01 | 20.00x |
| 2025-09-30 | 19.93x |
| 2025-09-29 | 20.09x |
| 2025-09-26 | 20.07x |
| 2025-09-25 | 20.03x |
| 2025-09-24 | 19.97x |
| 2025-09-23 | 20.07x |
| 2025-09-22 | 19.99x |
| 2025-09-19 | 20.00x |
| 2025-09-18 | 19.98x |
| 2025-09-17 | 20.27x |
| 2025-09-16 | 20.10x |
| 2025-09-15 | 19.94x |
| 2025-09-12 | 20.12x |
| 2025-09-11 | 20.23x |
| 2025-09-10 | 20.03x |
| 2025-09-09 | 20.09x |
| 2025-09-08 | 20.02x |
| 2025-09-05 | 20.35x |
| 2025-09-04 | 20.12x |
| 2025-09-03 | 20.21x |
| 2025-09-02 | 20.50x |
| 2025-08-29 | 20.74x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
