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 11.82x is 21% below its estimated 5-year average of 14.90x, near the low end of its estimated 5-year range (11.49x–17.86x).
As of 2026-09-11T23:00:52.209Z. 4.99% below its estimated 12-month average of 12.44x.
Calculation as of: 2026-09-11T23:00:52.209Z.
Quote observation: 2026-09-11T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 19cd922b1f9625d6df659bf0613b6337c5f71d5174687a3b1e11508267bc93ab
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
11.82x
EV/EBITDA RATIO AVG TTM
12.44x
EV/EBITDA RATIO AVG 3Y
14.25x
EV/EBITDA RATIO AVG 5Y
14.90x
EV/EBITDA RATIO AVG 10Y
15.83x
EV/EBITDA RATIO AVG 15Y
14.23x
EV/EBITDA RATIO AVG 20Y
12.75x
CURRENT VS TTM AVG
-4.99%
CURRENT VS 3Y AVG
-17.08%
CURRENT VS 5Y AVG
-20.68%
CURRENT VS 10Y AVG
-25.33%
CURRENT VS 15Y AVG
-16.93%
CURRENT VS 20Y AVG
-7.27%
SECTOR MEDIAN · HEALTHCARE
16.13x
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
-26.72%
vs the sector median at left
Becton, Dickinson and Company
Market Cap
$49.00B
EV/EBITDA Ratio
11.82x
TTM Avg
12.44x
3Y Avg
14.25x
5Y Avg
14.90x
Market Cap
$48.58B
EV/EBITDA Ratio
23.25x
TTM Avg
26.11x
3Y Avg
27.00x
5Y Avg
29.38x
Market Cap
$43.20B
EV/EBITDA Ratio
18.98x
TTM Avg
17.37x
3Y Avg
200.75x
5Y Avg
161.25x
Market Cap
$43.09B
EV/EBITDA Ratio
16.46x
TTM Avg
14.33x
3Y Avg
15.33x
5Y Avg
17.03x
Market Cap
$54.94B
EV/EBITDA Ratio
16.82x
TTM Avg
16.73x
3Y Avg
15.67x
5Y Avg
30.03x
Market Cap
$41.50B
EV/EBITDA Ratio
22.87x
TTM Avg
22.32x
3Y Avg
23.05x
5Y Avg
23.39x
Market Cap
$39.81B
EV/EBITDA Ratio
25.24x
TTM Avg
34.03x
3Y Avg
33.79x
5Y Avg
36.76x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Becton, Dickinson and Company (BDX) | $49.00B | 11.82x | 12.44x | 14.25x | 14.90x |
| Humana Inc. (HUM)vs › | $49.21B | 20.40x | 17.07x | 14.41x | 14.59x |
| Edwards Lifesciences Corporation (EW)vs › | $48.58B | 23.25x | 26.11x | 27.00x | 29.38x |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $43.20B | 18.98x | 17.37x | 200.75x | 161.25x |
| IQVIA Holdings Inc. (IQV)vs › | $43.09B | 16.46x | 14.33x | 15.33x | 17.03x |
| Cardinal Health, Inc. (CAH)vs › | $54.94B | 16.82x | 16.73x | 15.67x | 30.03x |
| Agilent Technologies, Inc. (A)vs › | $41.50B | 22.87x | 22.32x | 23.05x | 23.39x |
| Moderna, Inc. (MRNA)vs › | $57.13B | N/A | 15.41x | 27.08x | 27.08x |
| IDEXX Laboratories, Inc. (IDXX)vs › | $39.81B | 25.24x | 34.03x | 33.79x | 36.76x |
| Cencora, Inc. (COR)vs › | $62.57B | 13.27x | 14.33x | 13.61x | 12.26x |
At 11.8, EV/EBITDA is near its estimated 20-year median — higher than 43% 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
5.8
median
13.4
estimated 20-year high
35.6
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 |
|---|---|
| 2026-09-10 | 11.74x |
| 2026-09-09 | 11.91x |
| 2026-09-08 | 11.87x |
| 2026-09-04 | 12.15x |
| 2026-09-03 | 12.30x |
| 2026-09-02 | 12.29x |
| 2026-09-01 | 12.27x |
| 2026-08-31 | 12.32x |
| 2026-08-28 | 12.39x |
| 2026-08-27 | 12.32x |
| 2026-08-26 | 12.43x |
| 2026-08-25 | 12.41x |
| 2026-08-24 | 12.45x |
| 2026-08-21 | 12.52x |
| 2026-08-20 | 12.30x |
| 2026-08-19 | 12.30x |
| 2026-08-18 | 11.96x |
| 2026-08-17 | 12.02x |
| 2026-08-14 | 12.09x |
| 2026-08-13 | 12.02x |
| 2026-08-12 | 12.10x |
| 2026-08-11 | 11.99x |
| 2026-08-10 | 11.90x |
| 2026-08-07 | 11.76x |
| 2026-08-06 | 14.23x |
| 2026-08-05 | 13.85x |
| 2026-08-04 | 13.81x |
| 2026-08-03 | 13.82x |
| 2026-07-31 | 13.54x |
| 2026-07-30 | 13.53x |
| 2026-07-29 | 13.71x |
| 2026-07-28 | 13.59x |
| 2026-07-27 | 13.14x |
| 2026-07-24 | 12.98x |
| 2026-07-23 | 12.78x |
| 2026-07-22 | 12.79x |
| 2026-07-21 | 12.83x |
| 2026-07-20 | 12.87x |
| 2026-07-17 | 13.09x |
| 2026-07-16 | 13.20x |
| 2026-07-15 | 12.89x |
| 2026-07-14 | 12.64x |
| 2026-07-13 | 12.83x |
| 2026-07-10 | 12.72x |
| 2026-07-09 | 12.65x |
| 2026-07-08 | 12.63x |
| 2026-07-07 | 12.98x |
| 2026-07-06 | 12.93x |
| 2026-07-02 | 13.09x |
| 2026-07-01 | 12.77x |
| 2026-06-30 | 12.68x |
| 2026-06-29 | 12.91x |
| 2026-06-26 | 12.96x |
| 2026-06-25 | 12.68x |
| 2026-06-24 | 12.46x |
| 2026-06-23 | 12.23x |
| 2026-06-22 | 12.04x |
| 2026-06-18 | 12.24x |
| 2026-06-17 | 12.09x |
| 2026-06-16 | 12.31x |
| 2026-06-15 | 12.33x |
| 2026-06-12 | 12.37x |
| 2026-06-11 | 12.44x |
| 2026-06-10 | 12.47x |
| 2026-06-09 | 12.72x |
| 2026-06-08 | 12.60x |
| 2026-06-05 | 12.67x |
| 2026-06-04 | 12.57x |
| 2026-06-03 | 12.33x |
| 2026-06-02 | 12.26x |
| 2026-06-01 | 12.32x |
| 2026-05-29 | 12.43x |
| 2026-05-28 | 12.50x |
| 2026-05-27 | 12.43x |
| 2026-05-26 | 12.46x |
| 2026-05-22 | 12.46x |
| 2026-05-21 | 12.37x |
| 2026-05-20 | 12.42x |
| 2026-05-19 | 12.42x |
| 2026-05-18 | 12.14x |
| 2026-05-15 | 12.21x |
| 2026-05-14 | 12.27x |
| 2026-05-13 | 12.25x |
| 2026-05-12 | 12.45x |
| 2026-05-11 | 12.19x |
| 2026-05-08 | 12.56x |
| 2026-05-07 | 11.99x |
| 2026-05-06 | 11.52x |
| 2026-05-05 | 11.49x |
| 2026-05-04 | 11.61x |
| 2026-05-01 | 11.77x |
| 2026-04-30 | 11.76x |
| 2026-04-29 | 11.55x |
| 2026-04-28 | 11.78x |
| 2026-04-27 | 11.82x |
| 2026-04-24 | 11.93x |
| 2026-04-23 | 12.08x |
| 2026-04-22 | 12.12x |
| 2026-04-21 | 12.18x |
| 2026-04-20 | 12.29x |
| 2026-04-17 | 12.28x |
| 2026-04-16 | 12.08x |
| 2026-04-15 | 12.11x |
| 2026-04-14 | 12.13x |
| 2026-04-13 | 12.11x |
| 2026-04-10 | 12.04x |
| 2026-04-09 | 12.11x |
| 2026-04-08 | 12.20x |
| 2026-04-07 | 12.08x |
| 2026-04-06 | 12.10x |
| 2026-04-02 | 12.06x |
| 2026-04-01 | 12.16x |
| 2026-03-31 | 12.21x |
| 2026-03-30 | 12.07x |
| 2026-03-27 | 12.06x |
| 2026-03-26 | 12.22x |
| 2026-03-25 | 12.27x |
| 2026-03-24 | 12.14x |
| 2026-03-23 | 12.15x |
| 2026-03-20 | 12.04x |
| 2026-03-19 | 12.17x |
| 2026-03-18 | 12.26x |
| 2026-03-17 | 12.45x |
| 2026-03-16 | 12.38x |
| 2026-03-13 | 12.33x |
| 2026-03-12 | 12.34x |
| 2026-03-11 | 12.53x |
| 2026-03-10 | 12.57x |
| 2026-03-09 | 12.66x |
| 2026-03-06 | 12.75x |
| 2026-03-05 | 12.91x |
| 2026-03-04 | 12.99x |
| 2026-03-03 | 13.14x |
| 2026-03-02 | 13.27x |
| 2026-02-27 | 13.27x |
| 2026-02-26 | 13.28x |
| 2026-02-25 | 13.51x |
| 2026-02-24 | 13.60x |
| 2026-02-23 | 13.70x |
| 2026-02-20 | 13.76x |
| 2026-02-19 | 13.60x |
| 2026-02-18 | 13.61x |
| 2026-02-17 | 13.32x |
| 2026-02-13 | 13.23x |
| 2026-02-12 | 13.34x |
| 2026-02-11 | 13.49x |
| 2026-02-10 | 13.00x |
| 2026-02-09 | 12.92x |
| 2026-02-06 | 13.04x |
| 2026-02-05 | 12.89x |
| 2026-02-04 | 12.95x |
| 2026-02-03 | 12.89x |
| 2026-02-02 | 12.68x |
| 2026-01-30 | 12.75x |
| 2026-01-29 | 12.64x |
| 2026-01-28 | 12.68x |
| 2026-01-27 | 12.75x |
| 2026-01-26 | 12.75x |
| 2026-01-23 | 12.67x |
| 2026-01-22 | 12.86x |
| 2026-01-21 | 12.87x |
| 2026-01-20 | 12.75x |
| 2026-01-16 | 12.91x |
| 2026-01-15 | 12.97x |
| 2026-01-14 | 12.93x |
| 2026-01-13 | 12.66x |
| 2026-01-12 | 12.72x |
| 2026-01-09 | 12.72x |
| 2026-01-08 | 12.83x |
| 2026-01-07 | 12.72x |
| 2026-01-06 | 12.83x |
| 2026-01-05 | 12.55x |
| 2026-01-02 | 12.37x |
| 2025-12-31 | 12.33x |
| 2025-12-30 | 12.40x |
| 2025-12-29 | 12.38x |
| 2025-12-26 | 12.43x |
| 2025-12-24 | 12.42x |
| 2025-12-23 | 12.40x |
| 2025-12-22 | 12.45x |
| 2025-12-19 | 12.40x |
| 2025-12-18 | 12.36x |
| 2025-12-17 | 12.39x |
| 2025-12-16 | 12.43x |
| 2025-12-15 | 12.60x |
| 2025-12-12 | 12.63x |
| 2025-12-11 | 12.61x |
| 2025-12-10 | 12.52x |
| 2025-12-09 | 12.09x |
| 2025-12-08 | 12.12x |
| 2025-12-05 | 12.32x |
| 2025-12-04 | 12.31x |
| 2025-12-03 | 12.31x |
| 2025-12-02 | 12.17x |
| 2025-12-01 | 12.23x |
| 2025-11-28 | 12.33x |
| 2025-11-26 | 12.32x |
| 2025-11-25 | 12.79x |
| 2025-11-24 | 12.59x |
| 2025-11-21 | 12.67x |
| 2025-11-20 | 12.52x |
| 2025-11-19 | 12.60x |
| 2025-11-18 | 12.65x |
| 2025-11-17 | 12.59x |
| 2025-11-14 | 12.68x |
| 2025-11-13 | 12.68x |
| 2025-11-12 | 12.64x |
| 2025-11-11 | 12.50x |
| 2025-11-10 | 12.16x |
| 2025-11-07 | 11.98x |
| 2025-11-06 | 11.96x |
| 2025-11-05 | 11.91x |
| 2025-11-04 | 12.04x |
| 2025-11-03 | 11.96x |
| 2025-10-31 | 12.02x |
| 2025-10-30 | 12.05x |
| 2025-10-29 | 12.15x |
| 2025-10-28 | 12.27x |
| 2025-10-27 | 12.40x |
| 2025-10-24 | 12.35x |
| 2025-10-23 | 12.38x |
| 2025-10-22 | 12.45x |
| 2025-10-21 | 12.50x |
| 2025-10-20 | 12.59x |
| 2025-10-17 | 12.50x |
| 2025-10-16 | 12.32x |
| 2025-10-15 | 12.39x |
| 2025-10-14 | 12.47x |
| 2025-10-13 | 12.39x |
| 2025-10-10 | 12.38x |
| 2025-10-09 | 12.50x |
| 2025-10-08 | 12.72x |
| 2025-10-07 | 12.66x |
| 2025-10-06 | 12.63x |
| 2025-10-03 | 12.71x |
| 2025-10-02 | 12.62x |
| 2025-10-01 | 12.58x |
| 2025-09-30 | 12.41x |
| 2025-09-29 | 12.26x |
| 2025-09-26 | 12.29x |
| 2025-09-25 | 12.11x |
| 2025-09-24 | 12.36x |
| 2025-09-23 | 12.38x |
| 2025-09-22 | 12.38x |
| 2025-09-19 | 12.40x |
| 2025-09-18 | 12.47x |
| 2025-09-17 | 12.43x |
| 2025-09-16 | 12.37x |
| 2025-09-15 | 12.34x |
| 2025-09-12 | 12.40x |
| 2025-09-11 | 12.57x |
| 2025-09-10 | 12.47x |
| 2025-09-09 | 12.56x |
| 2025-09-08 | 12.61x |
| 2025-09-05 | 12.65x |
| 2025-09-04 | 12.60x |
| 2025-09-03 | 12.52x |
| 2025-09-02 | 12.46x |
| 2025-08-29 | 12.68x |
| 2025-08-28 | 12.60x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
