Basis: Latest stored market observation. 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 232.52x is 27% below its 4-year average of 320.54x, near the low end of its 4-year range (93.77x–1169.02x).
As of Friday, September 4, 2026. 64.03% below its 12-month average of 646.40x.
EV/EBITDA RATIO
232.52x
EV/EBITDA RATIO AVG TTM
646.40x
EV/EBITDA RATIO AVG 3Y
415.62x
EV/EBITDA RATIO AVG 5Y
320.54x
EV/EBITDA RATIO AVG 10Y
164.25x
EV/EBITDA RATIO AVG 15Y
89.76x
EV/EBITDA RATIO AVG 20Y
71.70x
CURRENT VS TTM AVG
-64.03%
CURRENT VS 3Y AVG
-44.05%
CURRENT VS 5Y AVG
-27.46%
CURRENT VS 10Y AVG
+41.57%
CURRENT VS 15Y AVG
+159.04%
CURRENT VS 20Y AVG
+224.29%
SECTOR MEDIAN · INDUSTRIALS
17.08x
median of 139 covered companies
CURRENT VS SECTOR MEDIAN
+1261.36%
vs the sector median at left
Axon Enterprise, Inc.
Market Cap
$41.56B
EV/EBITDA Ratio
232.52x
TTM Avg
646.40x
3Y Avg
415.62x
5Y Avg
320.54x
Market Cap
$41.56B
EV/EBITDA Ratio
17.50x
TTM Avg
19.72x
3Y Avg
21.44x
5Y Avg
21.06x
Market Cap
$38.66B
EV/EBITDA Ratio
21.21x
TTM Avg
22.24x
3Y Avg
21.38x
5Y Avg
20.61x
Market Cap
$45.35B
EV/EBITDA Ratio
33.02x
TTM Avg
37.87x
3Y Avg
37.45x
5Y Avg
38.04x
Market Cap
$46.13B
EV/EBITDA Ratio
15.61x
TTM Avg
17.34x
3Y Avg
23.28x
5Y Avg
24.15x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Axon Enterprise, Inc. (AXON) | $41.56B | 232.52x | 646.40x | 415.62x | 320.54x |
| Waste Connections, Inc. (WCN)vs › | $41.56B | 17.50x | 19.72x | 21.44x | 21.06x |
| Ferrovial SE (FER)vs › | $42.11B | 19.51x | 22.38x | 22.38x | 22.38x |
| Paychex, Inc. (PAYX)vs › | $43.29B | 15.94x | 16.18x | 18.96x | 20.02x |
| Ferguson plc (FERG)vs › | $44.30B | 15.44x | 16.64x | 15.60x | 13.75x |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $38.66B | 21.21x | 22.24x | 21.38x | 20.61x |
| HEICO Corporation (HEI)vs › | $45.35B | 33.02x | 37.87x | 37.45x | 38.04x |
| Rocket Lab USA, Inc. (RKLB)vs › | $37.20B | N/A | N/A | N/A | N/A |
| Thomson Reuters Corporation (TRI)vs › | $46.13B | 15.61x | 17.34x | 23.28x | 24.15x |
| HEICO Corporation (HEI-A)vs › | $46.26B | 24.78x | 29.26x | 29.69x | 30.61x |
At 232.5, EV/EBITDA is above its 19-year median — higher than 85% of readings in its 19-year history.
19-year low
11.6
median
62.7
19-year high
10666.6
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 |
|---|---|
| 2026-09-04 | 232.52x |
| 2026-09-03 | 242.37x |
| 2026-09-02 | 228.71x |
| 2026-09-01 | 233.67x |
| 2026-08-31 | 254.81x |
| 2026-08-28 | 269.79x |
| 2026-08-27 | 274.37x |
| 2026-08-26 | 272.74x |
| 2026-08-25 | 275.28x |
| 2026-08-24 | 268.41x |
| 2026-08-21 | 281.63x |
| 2026-08-20 | 275.72x |
| 2026-08-19 | 289.50x |
| 2026-08-18 | 278.16x |
| 2026-08-17 | 271.36x |
| 2026-08-14 | 275.09x |
| 2026-08-13 | 276.30x |
| 2026-08-12 | 269.37x |
| 2026-08-11 | 285.38x |
| 2026-08-10 | 267.86x |
| 2026-08-07 | 256.76x |
| 2026-08-06 | 235.49x |
| 2026-08-05 | 273.63x |
| 2026-08-04 | 404.16x |
| 2026-08-03 | 383.86x |
| 2026-07-31 | 352.69x |
| 2026-07-30 | 351.09x |
| 2026-07-29 | 354.92x |
| 2026-07-28 | 365.57x |
| 2026-07-27 | 351.21x |
| 2026-07-24 | 336.22x |
| 2026-07-23 | 329.45x |
| 2026-07-22 | 329.19x |
| 2026-07-21 | 341.94x |
| 2026-07-20 | 352.51x |
| 2026-07-17 | 341.36x |
| 2026-07-16 | 361.75x |
| 2026-07-15 | 361.34x |
| 2026-07-14 | 365.32x |
| 2026-07-13 | 365.17x |
| 2026-07-10 | 377.33x |
| 2026-07-09 | 387.83x |
| 2026-07-08 | 399.36x |
| 2026-07-07 | 425.71x |
| 2026-07-06 | 413.97x |
| 2026-07-02 | 397.57x |
| 2026-07-01 | 395.58x |
| 2026-06-30 | 373.97x |
| 2026-06-29 | 341.57x |
| 2026-06-26 | 311.92x |
| 2026-06-25 | 298.89x |
| 2026-06-24 | 306.67x |
| 2026-06-23 | 291.32x |
| 2026-06-22 | 276.41x |
| 2026-06-18 | 285.07x |
| 2026-06-17 | 284.82x |
| 2026-06-16 | 292.84x |
| 2026-06-15 | 297.91x |
| 2026-06-12 | 296.95x |
| 2026-06-11 | 299.85x |
| 2026-06-10 | 300.75x |
| 2026-06-09 | 303.93x |
| 2026-06-08 | 315.95x |
| 2026-06-05 | 325.71x |
| 2026-06-04 | 343.25x |
| 2026-06-03 | 322.70x |
| 2026-06-02 | 328.30x |
| 2026-06-01 | 319.72x |
| 2026-05-29 | 301.48x |
| 2026-05-28 | 295.39x |
| 2026-05-27 | 264.29x |
| 2026-05-26 | 260.39x |
| 2026-05-22 | 260.84x |
| 2026-05-21 | 263.33x |
| 2026-05-20 | 268.90x |
| 2026-05-19 | 264.95x |
| 2026-05-18 | 269.50x |
| 2026-05-15 | 264.65x |
| 2026-05-14 | 262.26x |
| 2026-05-13 | 254.89x |
| 2026-05-12 | 265.81x |
| 2026-05-11 | 266.26x |
| 2026-05-08 | 272.21x |
| 2026-05-07 | 287.33x |
| 2026-05-06 | 260.75x |
| 2026-05-05 | 489.26x |
| 2026-05-04 | 505.85x |
| 2026-05-01 | 516.65x |
| 2026-04-30 | 515.96x |
| 2026-04-29 | 514.42x |
| 2026-04-28 | 521.70x |
| 2026-04-27 | 517.00x |
| 2026-04-24 | 510.10x |
| 2026-04-23 | 504.45x |
| 2026-04-22 | 517.71x |
| 2026-04-21 | 519.94x |
| 2026-04-20 | 518.47x |
| 2026-04-17 | 517.33x |
| 2026-04-16 | 505.00x |
| 2026-04-15 | 516.49x |
| 2026-04-14 | 489.59x |
| 2026-04-13 | 462.80x |
| 2026-04-10 | 445.53x |
| 2026-04-09 | 452.33x |
| 2026-04-08 | 503.05x |
| 2026-04-07 | 479.51x |
| 2026-04-06 | 530.23x |
| 2026-04-02 | 529.90x |
| 2026-04-01 | 543.47x |
| 2026-03-31 | 544.89x |
| 2026-03-30 | 532.75x |
| 2026-03-27 | 551.51x |
| 2026-03-26 | 577.40x |
| 2026-03-25 | 589.63x |
| 2026-03-24 | 585.15x |
| 2026-03-23 | 649.09x |
| 2026-03-20 | 635.20x |
| 2026-03-19 | 642.66x |
| 2026-03-18 | 650.52x |
| 2026-03-17 | 648.19x |
| 2026-03-16 | 626.83x |
| 2026-03-13 | 635.09x |
| 2026-03-12 | 639.15x |
| 2026-03-11 | 662.07x |
| 2026-03-10 | 677.72x |
| 2026-03-09 | 714.42x |
| 2026-03-06 | 733.28x |
| 2026-03-05 | 728.84x |
| 2026-03-04 | 727.98x |
| 2026-03-03 | 739.69x |
| 2026-03-02 | 730.77x |
| 2026-02-27 | 693.40x |
| 2026-02-26 | 703.23x |
| 2026-02-25 | 665.37x |
| 2026-02-24 | 567.37x |
| 2026-02-23 | 687.51x |
| 2026-02-20 | 704.17x |
| 2026-02-19 | 715.64x |
| 2026-02-18 | 698.14x |
| 2026-02-17 | 701.04x |
| 2026-02-13 | 697.42x |
| 2026-02-12 | 707.19x |
| 2026-02-11 | 705.03x |
| 2026-02-10 | 724.95x |
| 2026-02-09 | 703.95x |
| 2026-02-06 | 672.81x |
| 2026-02-05 | 649.66x |
| 2026-02-04 | 698.98x |
| 2026-02-03 | 731.82x |
| 2026-02-02 | 745.67x |
| 2026-01-30 | 783.20x |
| 2026-01-29 | 824.57x |
| 2026-01-28 | 888.66x |
| 2026-01-27 | 984.70x |
| 2026-01-26 | 976.51x |
| 2026-01-23 | 989.35x |
| 2026-01-22 | 980.04x |
| 2026-01-21 | 984.75x |
| 2026-01-20 | 1001.09x |
| 2026-01-16 | 1025.79x |
| 2026-01-15 | 1027.62x |
| 2026-01-14 | 1014.94x |
| 2026-01-13 | 1034.49x |
| 2026-01-12 | 1018.93x |
| 2026-01-09 | 1018.87x |
| 2026-01-08 | 989.10x |
| 2026-01-07 | 1001.71x |
| 2026-01-06 | 1010.85x |
| 2026-01-05 | 954.38x |
| 2026-01-02 | 910.29x |
| 2025-12-31 | 917.41x |
| 2025-12-30 | 924.07x |
| 2025-12-29 | 937.49x |
| 2025-12-26 | 942.73x |
| 2025-12-24 | 954.36x |
| 2025-12-23 | 954.15x |
| 2025-12-22 | 968.74x |
| 2025-12-19 | 959.21x |
| 2025-12-18 | 910.02x |
| 2025-12-17 | 888.89x |
| 2025-12-16 | 896.94x |
| 2025-12-15 | 891.73x |
| 2025-12-12 | 911.61x |
| 2025-12-11 | 938.26x |
| 2025-12-10 | 918.15x |
| 2025-12-09 | 883.56x |
| 2025-12-08 | 893.85x |
| 2025-12-05 | 890.40x |
| 2025-12-04 | 889.86x |
| 2025-12-03 | 878.62x |
| 2025-12-02 | 869.39x |
| 2025-12-01 | 862.17x |
| 2025-11-28 | 873.20x |
| 2025-11-26 | 862.11x |
| 2025-11-25 | 855.30x |
| 2025-11-24 | 848.47x |
| 2025-11-21 | 844.32x |
| 2025-11-20 | 840.53x |
| 2025-11-19 | 858.80x |
| 2025-11-18 | 863.06x |
| 2025-11-17 | 878.11x |
| 2025-11-14 | 895.84x |
| 2025-11-13 | 900.49x |
| 2025-11-12 | 919.93x |
| 2025-11-11 | 924.18x |
| 2025-11-10 | 944.08x |
| 2025-11-07 | 972.44x |
| 2025-11-06 | 947.98x |
| 2025-11-05 | 1031.34x |
| 2025-11-04 | 1137.31x |
| 2025-11-03 | 975.77x |
| 2025-10-31 | 986.47x |
| 2025-10-30 | 995.22x |
| 2025-10-29 | 1022.27x |
| 2025-10-28 | 1016.43x |
| 2025-10-27 | 1008.54x |
| 2025-10-24 | 991.37x |
| 2025-10-23 | 965.63x |
| 2025-10-22 | 945.50x |
| 2025-10-21 | 953.33x |
| 2025-10-20 | 921.87x |
| 2025-10-17 | 905.49x |
| 2025-10-16 | 881.13x |
| 2025-10-15 | 871.68x |
| 2025-10-14 | 950.21x |
| 2025-10-13 | 957.22x |
| 2025-10-10 | 948.05x |
| 2025-10-09 | 988.85x |
| 2025-10-08 | 980.13x |
| 2025-10-07 | 963.27x |
| 2025-10-06 | 972.47x |
| 2025-10-03 | 964.47x |
| 2025-10-02 | 971.08x |
| 2025-10-01 | 958.98x |
| 2025-09-30 | 967.27x |
| 2025-09-29 | 965.14x |
| 2025-09-26 | 955.70x |
| 2025-09-25 | 960.05x |
| 2025-09-24 | 941.46x |
| 2025-09-23 | 1046.14x |
| 2025-09-22 | 1043.96x |
| 2025-09-19 | 1042.13x |
| 2025-09-18 | 1031.52x |
| 2025-09-17 | 1012.23x |
| 2025-09-16 | 1010.73x |
| 2025-09-15 | 1024.05x |
| 2025-09-12 | 1017.92x |
| 2025-09-11 | 1011.31x |
| 2025-09-10 | 1006.63x |
| 2025-09-09 | 986.14x |
| 2025-09-08 | 997.50x |
| 2025-09-05 | 981.44x |
| 2025-09-04 | 983.75x |
| 2025-09-03 | 977.34x |
| 2025-09-02 | 1001.42x |
| 2025-08-29 | 1006.29x |
| 2025-08-28 | 1051.83x |
| 2025-08-27 | 1035.75x |
| 2025-08-26 | 1034.88x |
| 2025-08-25 | 1027.64x |
Showing the most recent 260 of 4,303 data points. The chart above shows the full history.
