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 40.82x is 28% above its estimated 5-year average of 31.90x, around the middle of its estimated 5-year range (18.77x–51.30x).
As of 2026-09-19T00:15:25.673Z. 10.71% above its estimated 12-month average of 36.87x.
Calculation as of: 2026-09-19T00:15:25.673Z.
Quote observation: 2026-09-18T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 40cb4e789f9512e865fdcf84056061ccf0554bcf9e81c5adfb60901a90343222
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
40.82x
EV/EBITDA RATIO AVG TTM
36.87x
EV/EBITDA RATIO AVG 3Y
32.24x
EV/EBITDA RATIO AVG 5Y
31.90x
EV/EBITDA RATIO AVG 10Y
30.65x
EV/EBITDA RATIO AVG 15Y
26.72x
EV/EBITDA RATIO AVG 20Y
23.74x
CURRENT VS TTM AVG
+10.71%
CURRENT VS 3Y AVG
+26.59%
CURRENT VS 5Y AVG
+27.98%
CURRENT VS 10Y AVG
+33.19%
CURRENT VS 15Y AVG
+52.78%
CURRENT VS 20Y AVG
+71.92%
SECTOR MEDIAN · TECHNOLOGY
25.35x
median of 157 covered companies
CURRENT VS SECTOR MEDIAN
+61.03%
vs the sector median at left
ASML Holding N.V.
Market Cap
$647.47B
EV/EBITDA Ratio
40.82x
TTM Avg
36.87x
3Y Avg
32.24x
5Y Avg
31.90x
Market Cap
$431.63B
EV/EBITDA Ratio
25.35x
TTM Avg
21.16x
3Y Avg
16.35x
5Y Avg
14.99x
Market Cap
$425.16B
EV/EBITDA Ratio
15.97x
TTM Avg
26.42x
3Y Avg
24.28x
5Y Avg
22.21x
Market Cap
$407.87B
EV/EBITDA Ratio
152.50x
TTM Avg
370.63x
3Y Avg
458.51x
5Y Avg
458.51x
Market Cap
$912.84B
EV/EBITDA Ratio
95.85x
TTM Avg
75.54x
3Y Avg
60.01x
5Y Avg
48.77x
Market Cap
$377.96B
EV/EBITDA Ratio
24.09x
TTM Avg
15.15x
3Y Avg
12.59x
5Y Avg
10.26x
Market Cap
$360.30B
EV/EBITDA Ratio
41.53x
TTM Avg
40.19x
3Y Avg
28.28x
5Y Avg
22.24x
Market Cap
$352.97B
EV/EBITDA Ratio
35.58x
TTM Avg
33.28x
3Y Avg
23.01x
5Y Avg
19.37x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ASML Holding N.V. (ASML) | $647.47B | 40.82x | 36.87x | 32.24x | 31.90x |
| Intel Corp. (INTC)vs › | $547.78B | 47.00x | 46.42x | 56.21x | 35.55x |
| Cisco Systems, Inc. (CSCO)vs › | $431.63B | 25.35x | 21.16x | 16.35x | 14.99x |
| Oracle Corporation (ORCL)vs › | $425.16B | 15.97x | 26.42x | 24.28x | 22.21x |
| Palantir Technologies Inc. (PLTR)vs › | $407.87B | 152.50x | 370.63x | 458.51x | 458.51x |
| Advanced Micro Devices, Inc. (AMD)vs › | $912.84B | 95.85x | 75.54x | 60.01x | 48.77x |
| Dell Technologies Inc. (DELL)vs › | $377.96B | 24.09x | 15.15x | 12.59x | 10.26x |
| Lam Research Corporation (LRCX)vs › | $360.30B | 41.53x | 40.19x | 28.28x | 22.24x |
| Applied Materials, Inc. (AMAT)vs › | $352.97B | 35.58x | 33.28x | 23.01x | 19.37x |
| Palo Alto Networks, Inc. (PANW)vs › | $296.32B | N/A | 90.99x | 109.47x | 3211.20x |
At 40.8, EV/EBITDA is above its estimated 20-year median — higher than 92% 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
3.8
median
23.1
estimated 20-year high
57.5
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 | 41.22x |
| 2026-09-10 | 40.95x |
| 2026-09-09 | 41.98x |
| 2026-09-08 | 42.85x |
| 2026-09-04 | 41.62x |
| 2026-09-03 | 39.94x |
| 2026-09-02 | 40.83x |
| 2026-09-01 | 40.41x |
| 2026-08-31 | 41.16x |
| 2026-08-28 | 41.17x |
| 2026-08-27 | 42.12x |
| 2026-08-26 | 42.38x |
| 2026-08-25 | 42.34x |
| 2026-08-24 | 42.24x |
| 2026-08-21 | 42.82x |
| 2026-08-20 | 42.49x |
| 2026-08-19 | 42.53x |
| 2026-08-18 | 43.78x |
| 2026-08-17 | 45.74x |
| 2026-08-14 | 44.79x |
| 2026-08-13 | 44.88x |
| 2026-08-12 | 43.95x |
| 2026-08-11 | 43.69x |
| 2026-08-10 | 42.08x |
| 2026-08-07 | 42.26x |
| 2026-08-06 | 41.37x |
| 2026-08-05 | 40.73x |
| 2026-08-04 | 41.55x |
| 2026-08-03 | 39.85x |
| 2026-07-31 | 39.52x |
| 2026-07-30 | 40.07x |
| 2026-07-29 | 37.61x |
| 2026-07-28 | 38.40x |
| 2026-07-27 | 40.17x |
| 2026-07-24 | 42.66x |
| 2026-07-23 | 43.78x |
| 2026-07-22 | 43.75x |
| 2026-07-21 | 43.74x |
| 2026-07-20 | 42.22x |
| 2026-07-17 | 42.42x |
| 2026-07-16 | 43.34x |
| 2026-07-15 | 46.47x |
| 2026-07-14 | 45.45x |
| 2026-07-13 | 44.17x |
| 2026-07-10 | 46.01x |
| 2026-07-09 | 46.19x |
| 2026-07-08 | 45.27x |
| 2026-07-07 | 44.72x |
| 2026-07-06 | 46.73x |
| 2026-07-02 | 45.29x |
| 2026-07-01 | 47.19x |
| 2026-06-30 | 50.97x |
| 2026-06-29 | 48.22x |
| 2026-06-26 | 45.94x |
| 2026-06-25 | 47.14x |
| 2026-06-24 | 45.12x |
| 2026-06-23 | 45.52x |
| 2026-06-22 | 49.42x |
| 2026-06-18 | 49.43x |
| 2026-06-17 | 47.83x |
| 2026-06-16 | 46.18x |
| 2026-06-15 | 48.47x |
| 2026-06-12 | 47.72x |
| 2026-06-11 | 48.65x |
| 2026-06-10 | 44.38x |
| 2026-06-09 | 45.50x |
| 2026-06-08 | 44.76x |
| 2026-06-05 | 41.99x |
| 2026-06-04 | 44.98x |
| 2026-06-03 | 44.18x |
| 2026-06-02 | 43.63x |
| 2026-06-01 | 41.65x |
| 2026-05-29 | 41.24x |
| 2026-05-28 | 41.06x |
| 2026-05-27 | 40.86x |
| 2026-05-26 | 41.74x |
| 2026-05-22 | 41.76x |
| 2026-05-21 | 40.71x |
| 2026-05-20 | 39.62x |
| 2026-05-19 | 37.28x |
| 2026-05-18 | 37.62x |
| 2026-05-15 | 38.38x |
| 2026-05-14 | 40.51x |
| 2026-05-13 | 40.44x |
| 2026-05-12 | 38.87x |
| 2026-05-11 | 40.03x |
| 2026-05-08 | 40.71x |
| 2026-05-07 | 38.76x |
| 2026-05-06 | 39.49x |
| 2026-05-05 | 36.86x |
| 2026-05-04 | 35.39x |
| 2026-05-01 | 36.45x |
| 2026-04-30 | 36.75x |
| 2026-04-29 | 35.59x |
| 2026-04-28 | 35.35x |
| 2026-04-27 | 36.59x |
| 2026-04-24 | 37.24x |
| 2026-04-23 | 36.21x |
| 2026-04-22 | 36.88x |
| 2026-04-21 | 37.27x |
| 2026-04-20 | 37.72x |
| 2026-04-17 | 37.29x |
| 2026-04-16 | 36.03x |
| 2026-04-15 | 39.51x |
| 2026-04-14 | 40.51x |
| 2026-04-13 | 40.02x |
| 2026-04-10 | 39.42x |
| 2026-04-09 | 38.61x |
| 2026-04-08 | 37.86x |
| 2026-04-07 | 34.74x |
| 2026-04-06 | 34.67x |
| 2026-04-02 | 35.03x |
| 2026-04-01 | 36.19x |
| 2026-03-31 | 35.13x |
| 2026-03-30 | 33.31x |
| 2026-03-27 | 34.63x |
| 2026-03-26 | 35.37x |
| 2026-03-25 | 37.12x |
| 2026-03-24 | 37.27x |
| 2026-03-23 | 36.46x |
| 2026-03-20 | 35.03x |
| 2026-03-19 | 36.37x |
| 2026-03-18 | 36.07x |
| 2026-03-17 | 36.99x |
| 2026-03-16 | 36.62x |
| 2026-03-13 | 35.81x |
| 2026-03-12 | 35.97x |
| 2026-03-11 | 36.92x |
| 2026-03-10 | 36.83x |
| 2026-03-09 | 36.13x |
| 2026-03-06 | 34.37x |
| 2026-03-05 | 36.43x |
| 2026-03-04 | 37.27x |
| 2026-03-03 | 36.22x |
| 2026-03-02 | 37.93x |
| 2026-02-27 | 38.66x |
| 2026-02-26 | 39.02x |
| 2026-02-25 | 43.29x |
| 2026-02-24 | 42.47x |
| 2026-02-23 | 42.13x |
| 2026-02-20 | 41.66x |
| 2026-02-19 | 41.36x |
| 2026-02-18 | 41.64x |
| 2026-02-17 | 40.24x |
| 2026-02-13 | 39.87x |
| 2026-02-12 | 39.88x |
| 2026-02-11 | 40.70x |
| 2026-02-10 | 40.07x |
| 2026-02-09 | 40.52x |
| 2026-02-06 | 40.05x |
| 2026-02-05 | 38.26x |
| 2026-02-04 | 37.95x |
| 2026-02-03 | 39.56x |
| 2026-02-02 | 40.86x |
| 2026-01-30 | 40.34x |
| 2026-01-29 | 41.25x |
| 2026-01-28 | 40.33x |
| 2026-01-27 | 41.24x |
| 2026-01-26 | 40.06x |
| 2026-01-23 | 39.37x |
| 2026-01-22 | 39.54x |
| 2026-01-21 | 38.54x |
| 2026-01-20 | 37.57x |
| 2026-01-16 | 38.50x |
| 2026-01-15 | 37.73x |
| 2026-01-14 | 35.80x |
| 2026-01-13 | 35.98x |
| 2026-01-12 | 36.30x |
| 2026-01-09 | 36.09x |
| 2026-01-08 | 33.82x |
| 2026-01-07 | 34.79x |
| 2026-01-06 | 35.18x |
| 2026-01-05 | 34.79x |
| 2026-01-02 | 32.95x |
| 2025-12-31 | 30.27x |
| 2025-12-30 | 30.34x |
| 2025-12-29 | 30.16x |
| 2025-12-26 | 30.36x |
| 2025-12-24 | 30.15x |
| 2025-12-23 | 30.05x |
| 2025-12-22 | 29.91x |
| 2025-12-19 | 29.88x |
| 2025-12-18 | 29.32x |
| 2025-12-17 | 28.72x |
| 2025-12-16 | 30.45x |
| 2025-12-15 | 30.79x |
| 2025-12-12 | 30.59x |
| 2025-12-11 | 31.78x |
| 2025-12-10 | 31.68x |
| 2025-12-09 | 31.46x |
| 2025-12-08 | 31.69x |
| 2025-12-05 | 31.12x |
| 2025-12-04 | 31.42x |
| 2025-12-03 | 32.30x |
| 2025-12-02 | 31.38x |
| 2025-12-01 | 30.79x |
| 2025-11-28 | 29.99x |
| 2025-11-26 | 29.45x |
| 2025-11-25 | 28.38x |
| 2025-11-24 | 27.94x |
| 2025-11-21 | 27.33x |
| 2025-11-20 | 27.74x |
| 2025-11-19 | 29.40x |
| 2025-11-18 | 28.40x |
| 2025-11-17 | 28.85x |
| 2025-11-14 | 28.48x |
| 2025-11-13 | 28.85x |
| 2025-11-12 | 29.35x |
| 2025-11-11 | 28.92x |
| 2025-11-10 | 29.39x |
| 2025-11-07 | 28.77x |
| 2025-11-06 | 29.12x |
| 2025-11-05 | 29.53x |
| 2025-11-04 | 29.14x |
| 2025-11-03 | 30.19x |
| 2025-10-31 | 29.97x |
| 2025-10-30 | 30.43x |
| 2025-10-29 | 30.30x |
| 2025-10-28 | 29.78x |
| 2025-10-27 | 29.99x |
| 2025-10-24 | 29.23x |
| 2025-10-23 | 29.32x |
| 2025-10-22 | 28.61x |
| 2025-10-21 | 29.00x |
| 2025-10-20 | 29.48x |
| 2025-10-17 | 29.12x |
| 2025-10-16 | 28.84x |
| 2025-10-15 | 29.03x |
| 2025-10-14 | 28.25x |
| 2025-10-13 | 28.30x |
| 2025-10-10 | 26.89x |
| 2025-10-09 | 28.18x |
| 2025-10-08 | 28.39x |
| 2025-10-07 | 28.81x |
| 2025-10-06 | 30.00x |
| 2025-10-03 | 29.68x |
| 2025-10-02 | 29.62x |
| 2025-10-01 | 28.84x |
| 2025-09-30 | 27.82x |
| 2025-09-29 | 27.66x |
| 2025-09-26 | 27.33x |
| 2025-09-25 | 27.28x |
| 2025-09-24 | 27.20x |
| 2025-09-23 | 27.68x |
| 2025-09-22 | 27.52x |
| 2025-09-19 | 26.77x |
| 2025-09-18 | 26.65x |
| 2025-09-17 | 25.03x |
| 2025-09-16 | 25.21x |
| 2025-09-15 | 24.89x |
| 2025-09-12 | 23.33x |
| 2025-09-11 | 23.05x |
| 2025-09-10 | 22.73x |
| 2025-09-09 | 23.08x |
| 2025-09-08 | 22.82x |
| 2025-09-05 | 22.40x |
| 2025-09-04 | 21.58x |
| 2025-09-03 | 21.10x |
| 2025-09-02 | 20.78x |
| 2025-08-29 | 21.26x |
Showing the most recent 260 of 4,322 data points. The chart above shows the full history.