Basis: Current FMP quote-based enterprise value / four-quarter operating income. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBIT ratio high or low?
The EV/EBIT ratio of 54.52x is 36% above its estimated 5-year average of 39.96x, near the high end of its estimated 5-year range (23.64x–59.40x).
As of 2026-09-16T14:55:11.716Z. 10.89% above its estimated 12-month average of 49.17x.
Calculation as of: 2026-09-16T14:55:11.716Z.
Quote observation: 2026-09-16T14:55:05.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 5872b2567f5fd5ab80e5fa926f57ee7b80c8ac08bd0e9b807aeb32c6fcc8774a
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/EBIT RATIO
54.52x
EV/EBIT RATIO AVG TTM
49.17x
EV/EBIT RATIO AVG 3Y
43.42x
EV/EBIT RATIO AVG 5Y
39.96x
EV/EBIT RATIO AVG 10Y
37.27x
EV/EBIT RATIO AVG 15Y
N/A
EV/EBIT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+10.89%
CURRENT VS 3Y AVG
+25.56%
CURRENT VS 5Y AVG
+36.44%
CURRENT VS 10Y AVG
+46.29%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
31.95x
median of 151 covered companies
CURRENT VS SECTOR MEDIAN
+70.64%
vs the sector median at left
Arista Networks, Inc.
Market Cap
$250.18B
EV/EBIT Ratio
54.52x
TTM Avg
49.17x
3Y Avg
43.42x
5Y Avg
39.96x
Market Cap
$247.34B
EV/EBIT Ratio
N/A
TTM Avg
2209.54x
3Y Avg
2209.54x
5Y Avg
2209.54x
Market Cap
$241.30B
EV/EBIT Ratio
34.70x
TTM Avg
34.70x
3Y Avg
30.52x
5Y Avg
25.49x
Market Cap
$264.36B
EV/EBIT Ratio
293.48x
TTM Avg
237.62x
3Y Avg
630.79x
5Y Avg
630.79x
Market Cap
$227.47B
EV/EBIT Ratio
18.01x
TTM Avg
78.01x
3Y Avg
78.01x
5Y Avg
78.01x
Market Cap
$226.39B
EV/EBIT Ratio
23.05x
TTM Avg
26.02x
3Y Avg
24.97x
5Y Avg
23.67x
Market Cap
$222.69B
EV/EBIT Ratio
40.14x
TTM Avg
40.23x
3Y Avg
30.21x
5Y Avg
24.99x
Market Cap
$205.99B
EV/EBIT Ratio
25.48x
TTM Avg
24.20x
3Y Avg
41.83x
5Y Avg
254.85x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arista Networks, Inc. (ANET) | $250.18B | 54.52x | 49.17x | 43.42x | 39.96x |
| SAP SE (SAP)vs › | $249.34B | 20.94x | 22.12x | 32.95x | 29.38x |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $247.34B | N/A | 2209.54x | 2209.54x | 2209.54x |
| Texas Instruments Incorporated (TXN)vs › | $241.30B | 34.70x | 34.70x | 30.52x | 25.49x |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $264.36B | 293.48x | 237.62x | 630.79x | 630.79x |
| Sandisk Corporation (SNDK)vs › | $227.47B | 18.01x | 78.01x | 78.01x | 78.01x |
| International Business Machines Corporation (IBM)vs › | $226.39B | 23.05x | 26.02x | 24.97x | 23.67x |
| KLA Corporation (KLAC)vs › | $222.69B | 40.14x | 40.23x | 30.21x | 24.99x |
| Salesforce, Inc. (CRM)vs › | $205.99B | 25.48x | 24.20x | 41.83x | 254.85x |
| Marvell Technology, Inc. (MRVL)vs › | $201.42B | 128.44x | 273.88x | 283.90x | 264.72x |
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-09-11 | 55.46x |
| 2026-09-10 | 52.49x |
| 2026-09-09 | 53.59x |
| 2026-09-08 | 54.16x |
| 2026-09-04 | 53.83x |
| 2026-09-03 | 53.17x |
| 2026-09-02 | 51.68x |
| 2026-09-01 | 52.56x |
| 2026-08-31 | 54.37x |
| 2026-08-28 | 54.28x |
| 2026-08-27 | 55.88x |
| 2026-08-26 | 56.20x |
| 2026-08-25 | 53.03x |
| 2026-08-24 | 52.25x |
| 2026-08-21 | 52.39x |
| 2026-08-20 | 51.02x |
| 2026-08-19 | 51.77x |
| 2026-08-18 | 53.66x |
| 2026-08-17 | 56.08x |
| 2026-08-14 | 55.24x |
| 2026-08-13 | 56.59x |
| 2026-08-12 | 58.52x |
| 2026-08-11 | 54.97x |
| 2026-08-10 | 53.20x |
| 2026-08-07 | 52.40x |
| 2026-08-06 | 53.42x |
| 2026-08-05 | 54.82x |
| 2026-08-04 | 57.73x |
| 2026-08-03 | 56.01x |
| 2026-07-31 | 54.62x |
| 2026-07-30 | 51.76x |
| 2026-07-29 | 47.76x |
| 2026-07-28 | 51.36x |
| 2026-07-27 | 51.68x |
| 2026-07-24 | 52.67x |
| 2026-07-23 | 53.47x |
| 2026-07-22 | 52.94x |
| 2026-07-21 | 52.85x |
| 2026-07-20 | 51.25x |
| 2026-07-17 | 51.02x |
| 2026-07-16 | 51.00x |
| 2026-07-15 | 52.03x |
| 2026-07-14 | 55.30x |
| 2026-07-13 | 54.86x |
| 2026-07-10 | 56.64x |
| 2026-07-09 | 55.95x |
| 2026-07-08 | 54.83x |
| 2026-07-07 | 50.36x |
| 2026-07-06 | 52.45x |
| 2026-07-02 | 48.38x |
| 2026-07-01 | 50.41x |
| 2026-06-30 | 51.41x |
| 2026-06-29 | 49.64x |
| 2026-06-26 | 47.64x |
| 2026-06-25 | 50.05x |
| 2026-06-24 | 48.91x |
| 2026-06-23 | 49.05x |
| 2026-06-22 | 52.84x |
| 2026-06-18 | 51.34x |
| 2026-06-17 | 49.89x |
| 2026-06-16 | 50.83x |
| 2026-06-15 | 51.17x |
| 2026-06-12 | 49.37x |
| 2026-06-11 | 47.28x |
| 2026-06-10 | 45.85x |
| 2026-06-09 | 45.98x |
| 2026-06-08 | 47.28x |
| 2026-06-05 | 46.62x |
| 2026-06-04 | 50.22x |
| 2026-06-03 | 52.78x |
| 2026-06-02 | 53.08x |
| 2026-06-01 | 51.65x |
| 2026-05-29 | 48.22x |
| 2026-05-28 | 46.93x |
| 2026-05-27 | 46.63x |
| 2026-05-26 | 47.77x |
| 2026-05-22 | 46.55x |
| 2026-05-21 | 44.88x |
| 2026-05-20 | 42.40x |
| 2026-05-19 | 42.73x |
| 2026-05-18 | 42.77x |
| 2026-05-15 | 42.85x |
| 2026-05-14 | 44.64x |
| 2026-05-13 | 42.46x |
| 2026-05-12 | 43.03x |
| 2026-05-11 | 41.15x |
| 2026-05-08 | 42.79x |
| 2026-05-07 | 42.78x |
| 2026-05-06 | 44.40x |
| 2026-05-05 | 55.81x |
| 2026-05-04 | 56.60x |
| 2026-05-01 | 56.63x |
| 2026-04-30 | 56.63x |
| 2026-04-29 | 55.30x |
| 2026-04-28 | 54.18x |
| 2026-04-27 | 56.55x |
| 2026-04-24 | 58.02x |
| 2026-04-23 | 56.58x |
| 2026-04-22 | 58.29x |
| 2026-04-21 | 56.68x |
| 2026-04-20 | 54.69x |
| 2026-04-17 | 53.83x |
| 2026-04-16 | 52.76x |
| 2026-04-15 | 50.55x |
| 2026-04-14 | 50.56x |
| 2026-04-13 | 49.79x |
| 2026-04-10 | 48.24x |
| 2026-04-09 | 47.81x |
| 2026-04-08 | 47.49x |
| 2026-04-07 | 43.71x |
| 2026-04-06 | 41.26x |
| 2026-04-02 | 41.40x |
| 2026-04-01 | 40.80x |
| 2026-03-31 | 40.11x |
| 2026-03-30 | 37.91x |
| 2026-03-27 | 39.45x |
| 2026-03-26 | 40.04x |
| 2026-03-25 | 44.16x |
| 2026-03-24 | 42.77x |
| 2026-03-23 | 44.45x |
| 2026-03-20 | 42.91x |
| 2026-03-19 | 44.57x |
| 2026-03-18 | 44.51x |
| 2026-03-17 | 43.52x |
| 2026-03-16 | 44.27x |
| 2026-03-13 | 43.68x |
| 2026-03-12 | 43.83x |
| 2026-03-11 | 45.22x |
| 2026-03-10 | 45.68x |
| 2026-03-09 | 44.87x |
| 2026-03-06 | 43.46x |
| 2026-03-05 | 45.61x |
| 2026-03-04 | 44.10x |
| 2026-03-03 | 40.71x |
| 2026-03-02 | 42.27x |
| 2026-02-27 | 43.66x |
| 2026-02-26 | 42.58x |
| 2026-02-25 | 43.46x |
| 2026-02-24 | 42.09x |
| 2026-02-23 | 41.65x |
| 2026-02-20 | 43.42x |
| 2026-02-19 | 44.89x |
| 2026-02-18 | 45.66x |
| 2026-02-17 | 46.66x |
| 2026-02-13 | 49.25x |
| 2026-02-12 | 46.97x |
| 2026-02-11 | 48.92x |
| 2026-02-10 | 49.91x |
| 2026-02-09 | 49.30x |
| 2026-02-06 | 47.81x |
| 2026-02-05 | 44.70x |
| 2026-02-04 | 45.27x |
| 2026-02-03 | 48.48x |
| 2026-02-02 | 48.12x |
| 2026-01-30 | 49.30x |
| 2026-01-29 | 51.56x |
| 2026-01-28 | 52.27x |
| 2026-01-27 | 51.05x |
| 2026-01-26 | 50.00x |
| 2026-01-23 | 47.40x |
| 2026-01-22 | 48.13x |
| 2026-01-21 | 44.21x |
| 2026-01-20 | 44.29x |
| 2026-01-16 | 45.11x |
| 2026-01-15 | 45.37x |
| 2026-01-14 | 43.44x |
| 2026-01-13 | 45.14x |
| 2026-01-12 | 42.85x |
| 2026-01-09 | 42.66x |
| 2026-01-08 | 42.95x |
| 2026-01-07 | 45.19x |
| 2026-01-06 | 46.08x |
| 2026-01-05 | 47.70x |
| 2026-01-02 | 46.44x |
| 2025-12-31 | 45.53x |
| 2025-12-30 | 46.03x |
| 2025-12-29 | 46.63x |
| 2025-12-26 | 45.81x |
| 2025-12-24 | 45.44x |
| 2025-12-23 | 45.63x |
| 2025-12-22 | 45.42x |
| 2025-12-19 | 45.56x |
| 2025-12-18 | 43.27x |
| 2025-12-17 | 42.47x |
| 2025-12-16 | 43.80x |
| 2025-12-15 | 43.72x |
| 2025-12-12 | 43.32x |
| 2025-12-11 | 46.71x |
| 2025-12-10 | 46.00x |
| 2025-12-09 | 45.18x |
| 2025-12-08 | 44.85x |
| 2025-12-05 | 44.67x |
| 2025-12-04 | 44.66x |
| 2025-12-03 | 44.39x |
| 2025-12-02 | 44.19x |
| 2025-12-01 | 44.50x |
| 2025-11-28 | 45.41x |
| 2025-11-26 | 44.34x |
| 2025-11-25 | 43.42x |
| 2025-11-24 | 42.41x |
| 2025-11-21 | 40.74x |
| 2025-11-20 | 41.50x |
| 2025-11-19 | 43.34x |
| 2025-11-18 | 42.86x |
| 2025-11-17 | 44.20x |
| 2025-11-14 | 45.65x |
| 2025-11-13 | 45.27x |
| 2025-11-12 | 46.92x |
| 2025-11-11 | 46.90x |
| 2025-11-10 | 47.72x |
| 2025-11-07 | 46.81x |
| 2025-11-06 | 46.58x |
| 2025-11-05 | 48.84x |
| 2025-11-04 | 56.26x |
| 2025-11-03 | 57.76x |
| 2025-10-31 | 57.79x |
| 2025-10-30 | 58.07x |
| 2025-10-29 | 59.40x |
| 2025-10-28 | 57.45x |
| 2025-10-27 | 57.47x |
| 2025-10-24 | 56.36x |
| 2025-10-23 | 55.97x |
| 2025-10-22 | 53.68x |
| 2025-10-21 | 53.44x |
| 2025-10-20 | 53.64x |
| 2025-10-17 | 52.39x |
| 2025-10-16 | 53.47x |
| 2025-10-15 | 52.49x |
| 2025-10-14 | 50.79x |
| 2025-10-13 | 54.00x |
| 2025-10-10 | 56.46x |
| 2025-10-09 | 57.99x |
| 2025-10-08 | 57.67x |
| 2025-10-07 | 53.20x |
| 2025-10-06 | 54.76x |
| 2025-10-03 | 53.28x |
| 2025-10-02 | 52.89x |
| 2025-10-01 | 54.67x |
| 2025-09-30 | 53.35x |
| 2025-09-29 | 52.49x |
| 2025-09-26 | 52.16x |
| 2025-09-25 | 52.37x |
| 2025-09-24 | 52.22x |
| 2025-09-23 | 52.75x |
| 2025-09-22 | 53.24x |
| 2025-09-19 | 54.80x |
| 2025-09-18 | 53.71x |
| 2025-09-17 | 52.29x |
| 2025-09-16 | 52.04x |
| 2025-09-15 | 53.25x |
| 2025-09-12 | 51.01x |
| 2025-09-11 | 56.07x |
| 2025-09-10 | 55.21x |
| 2025-09-09 | 51.95x |
| 2025-09-08 | 51.24x |
| 2025-09-05 | 52.29x |
| 2025-09-04 | 51.67x |
| 2025-09-03 | 50.27x |
| 2025-09-02 | 49.71x |
| 2025-08-29 | 49.96x |
Showing the most recent 260 of 3,085 data points. The chart above shows the full history.
