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 11.99x is 42% below its estimated 5-year average of 20.70x, near the low end of its estimated 5-year range (10.54x–32.75x).
As of 2026-09-11T02:31:05.573Z. 1.30% below its estimated 12-month average of 12.15x.
Calculation as of: 2026-09-11T02:31:05.573Z.
Quote observation: 2026-09-10T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3fc1cc4907eddf28667843712aa165112c3e6b27ab75a685699904d07d617de1
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
11.99x
EV/EBITDA RATIO AVG TTM
12.15x
EV/EBITDA RATIO AVG 3Y
15.22x
EV/EBITDA RATIO AVG 5Y
20.70x
EV/EBITDA RATIO AVG 10Y
22.31x
EV/EBITDA RATIO AVG 15Y
20.73x
EV/EBITDA RATIO AVG 20Y
18.77x
CURRENT VS TTM AVG
-1.30%
CURRENT VS 3Y AVG
-21.20%
CURRENT VS 5Y AVG
-42.07%
CURRENT VS 10Y AVG
-46.26%
CURRENT VS 15Y AVG
-42.17%
CURRENT VS 20Y AVG
-36.11%
SECTOR MEDIAN · CONSUMER DEFENSIVE
12.37x
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-3.07%
vs the sector median at left
Brown-Forman Corporation
Market Cap
$12.40B
EV/EBITDA Ratio
11.99x
TTM Avg
12.15x
3Y Avg
15.22x
5Y Avg
20.70x
Market Cap
$12.94B
EV/EBITDA Ratio
8.41x
TTM Avg
16.13x
3Y Avg
19.58x
5Y Avg
17.52x
Market Cap
$11.47B
EV/EBITDA Ratio
15.95x
TTM Avg
14.49x
3Y Avg
14.89x
5Y Avg
16.49x
Market Cap
$13.74B
EV/EBITDA Ratio
13.19x
TTM Avg
15.30x
3Y Avg
18.38x
5Y Avg
21.12x
Market Cap
$10.73B
EV/EBITDA Ratio
8.44x
TTM Avg
12.26x
3Y Avg
17.08x
5Y Avg
19.04x
Market Cap
$8.10B
EV/EBITDA Ratio
5.47x
TTM Avg
6.75x
3Y Avg
7.00x
5Y Avg
7.00x
Market Cap
$7.21B
EV/EBITDA Ratio
N/A
TTM Avg
6.98x
3Y Avg
11.62x
5Y Avg
13.91x
Market Cap
$7.04B
EV/EBITDA Ratio
N/A
TTM Avg
8.70x
3Y Avg
13.67x
5Y Avg
14.28x
Market Cap
$6.81B
EV/EBITDA Ratio
24.62x
TTM Avg
57.23x
3Y Avg
51.46x
5Y Avg
179.49x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Brown-Forman Corporation (BF-B) | $12.40B | 11.99x | 12.15x | 15.22x | 20.70x |
| The J. M. Smucker Company (SJM)vs › | $12.94B | 8.41x | 16.13x | 19.58x | 17.52x |
| Hormel Foods Corporation (HRL)vs › | $11.47B | 15.95x | 14.49x | 14.89x | 16.49x |
| McCormick & Company, Incorporated (MKC)vs › | $13.74B | 13.19x | 15.30x | 18.38x | 21.12x |
| The Clorox Company (CLX)vs › | $10.73B | 8.44x | 12.26x | 17.08x | 19.04x |
| Smithfield Foods, Inc. (SFD)vs › | $8.10B | 5.47x | 6.75x | 7.00x | 7.00x |
| Molson Coors Beverage Company (TAP)vs › | $7.21B | N/A | 6.98x | 11.62x | 13.91x |
| Conagra Brands, Inc. (CAG)vs › | $7.04B | N/A | 8.70x | 13.67x | 14.28x |
| Celsius Holdings, Inc. (CELH)vs › | $6.81B | 24.62x | 57.23x | 51.46x | 179.49x |
| Sprouts Farmers Market, Inc. (SFM)vs › | $6.73B | 8.60x | 10.39x | 16.00x | 13.45x |
At 12.0, EV/EBITDA is below its estimated 20-year median — higher than 11% 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
8.9
median
17.2
estimated 20-year high
34.6
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 | 11.83x |
| 2026-09-09 | 11.67x |
| 2026-09-08 | 11.76x |
| 2026-09-04 | 11.89x |
| 2026-09-03 | 12.18x |
| 2026-09-02 | 11.70x |
| 2026-09-01 | 11.32x |
| 2026-08-31 | 11.40x |
| 2026-08-28 | 11.64x |
| 2026-08-27 | 11.67x |
| 2026-08-26 | 11.96x |
| 2026-08-25 | 12.00x |
| 2026-08-24 | 12.21x |
| 2026-08-21 | 12.10x |
| 2026-08-20 | 12.09x |
| 2026-08-19 | 12.10x |
| 2026-08-18 | 11.62x |
| 2026-08-17 | 11.78x |
| 2026-08-14 | 12.09x |
| 2026-08-13 | 11.95x |
| 2026-08-12 | 11.90x |
| 2026-08-11 | 11.95x |
| 2026-08-10 | 12.01x |
| 2026-08-07 | 12.13x |
| 2026-08-06 | 12.04x |
| 2026-08-05 | 12.08x |
| 2026-08-04 | 12.11x |
| 2026-08-03 | 11.86x |
| 2026-07-31 | 12.21x |
| 2026-07-30 | 12.24x |
| 2026-07-29 | 12.50x |
| 2026-07-28 | 12.27x |
| 2026-07-27 | 11.71x |
| 2026-07-24 | 11.22x |
| 2026-07-23 | 11.08x |
| 2026-07-22 | 11.34x |
| 2026-07-21 | 11.30x |
| 2026-07-20 | 11.34x |
| 2026-07-17 | 11.03x |
| 2026-07-16 | 11.17x |
| 2026-07-15 | 10.84x |
| 2026-07-14 | 10.85x |
| 2026-07-13 | 11.28x |
| 2026-07-10 | 11.25x |
| 2026-07-09 | 10.90x |
| 2026-07-08 | 11.11x |
| 2026-07-07 | 11.16x |
| 2026-07-06 | 11.10x |
| 2026-07-02 | 11.25x |
| 2026-07-01 | 11.13x |
| 2026-06-30 | 11.43x |
| 2026-06-29 | 11.83x |
| 2026-06-26 | 11.92x |
| 2026-06-25 | 11.82x |
| 2026-06-24 | 11.86x |
| 2026-06-23 | 11.65x |
| 2026-06-22 | 11.66x |
| 2026-06-18 | 11.43x |
| 2026-06-17 | 11.01x |
| 2026-06-16 | 11.42x |
| 2026-06-15 | 11.54x |
| 2026-06-12 | 12.14x |
| 2026-06-11 | 12.01x |
| 2026-06-10 | 11.95x |
| 2026-06-09 | 12.03x |
| 2026-06-08 | 11.92x |
| 2026-06-05 | 11.81x |
| 2026-06-04 | 11.55x |
| 2026-06-03 | 11.28x |
| 2026-06-02 | 11.35x |
| 2026-06-01 | 11.43x |
| 2026-05-29 | 11.65x |
| 2026-05-28 | 11.74x |
| 2026-05-27 | 11.73x |
| 2026-05-26 | 11.52x |
| 2026-05-22 | 11.83x |
| 2026-05-21 | 11.77x |
| 2026-05-20 | 11.61x |
| 2026-05-19 | 11.72x |
| 2026-05-18 | 11.85x |
| 2026-05-15 | 11.90x |
| 2026-05-14 | 11.79x |
| 2026-05-13 | 11.81x |
| 2026-05-12 | 11.96x |
| 2026-05-11 | 12.07x |
| 2026-05-08 | 12.39x |
| 2026-05-07 | 12.28x |
| 2026-05-06 | 12.12x |
| 2026-05-05 | 11.85x |
| 2026-05-04 | 11.24x |
| 2026-05-01 | 11.58x |
| 2026-04-30 | 11.66x |
| 2026-04-29 | 11.32x |
| 2026-04-28 | 12.41x |
| 2026-04-27 | 12.36x |
| 2026-04-24 | 12.63x |
| 2026-04-23 | 12.66x |
| 2026-04-22 | 12.71x |
| 2026-04-21 | 12.80x |
| 2026-04-20 | 12.99x |
| 2026-04-17 | 12.95x |
| 2026-04-16 | 13.07x |
| 2026-04-15 | 13.11x |
| 2026-04-14 | 12.97x |
| 2026-04-13 | 12.99x |
| 2026-04-10 | 13.08x |
| 2026-04-09 | 13.39x |
| 2026-04-08 | 12.07x |
| 2026-04-07 | 11.96x |
| 2026-04-06 | 12.03x |
| 2026-04-02 | 12.04x |
| 2026-04-01 | 11.95x |
| 2026-03-31 | 11.92x |
| 2026-03-30 | 12.02x |
| 2026-03-27 | 12.20x |
| 2026-03-26 | 11.65x |
| 2026-03-25 | 10.80x |
| 2026-03-24 | 10.54x |
| 2026-03-23 | 10.59x |
| 2026-03-20 | 10.54x |
| 2026-03-19 | 10.73x |
| 2026-03-18 | 10.59x |
| 2026-03-17 | 10.67x |
| 2026-03-16 | 10.64x |
| 2026-03-13 | 10.80x |
| 2026-03-12 | 10.64x |
| 2026-03-11 | 11.08x |
| 2026-03-10 | 11.52x |
| 2026-03-09 | 11.33x |
| 2026-03-06 | 11.47x |
| 2026-03-05 | 11.80x |
| 2026-03-04 | 12.17x |
| 2026-03-03 | 12.90x |
| 2026-03-02 | 13.18x |
| 2026-02-27 | 13.19x |
| 2026-02-26 | 13.04x |
| 2026-02-25 | 12.89x |
| 2026-02-24 | 13.79x |
| 2026-02-23 | 13.71x |
| 2026-02-20 | 13.63x |
| 2026-02-19 | 13.40x |
| 2026-02-18 | 13.40x |
| 2026-02-17 | 13.34x |
| 2026-02-13 | 13.61x |
| 2026-02-12 | 13.89x |
| 2026-02-11 | 13.74x |
| 2026-02-10 | 13.60x |
| 2026-02-09 | 13.43x |
| 2026-02-06 | 13.42x |
| 2026-02-05 | 13.23x |
| 2026-02-04 | 13.35x |
| 2026-02-03 | 12.91x |
| 2026-02-02 | 12.51x |
| 2026-01-30 | 12.60x |
| 2026-01-29 | 12.42x |
| 2026-01-28 | 12.19x |
| 2026-01-27 | 12.37x |
| 2026-01-26 | 12.62x |
| 2026-01-23 | 12.68x |
| 2026-01-22 | 12.82x |
| 2026-01-21 | 12.85x |
| 2026-01-20 | 12.53x |
| 2026-01-16 | 12.23x |
| 2026-01-15 | 12.62x |
| 2026-01-14 | 12.54x |
| 2026-01-13 | 12.21x |
| 2026-01-12 | 12.31x |
| 2026-01-09 | 12.05x |
| 2026-01-08 | 11.95x |
| 2026-01-07 | 11.82x |
| 2026-01-06 | 12.11x |
| 2026-01-05 | 12.00x |
| 2026-01-02 | 12.12x |
| 2025-12-31 | 12.09x |
| 2025-12-30 | 12.20x |
| 2025-12-29 | 12.11x |
| 2025-12-26 | 12.14x |
| 2025-12-24 | 12.42x |
| 2025-12-23 | 12.32x |
| 2025-12-22 | 12.89x |
| 2025-12-19 | 13.04x |
| 2025-12-18 | 13.19x |
| 2025-12-17 | 13.18x |
| 2025-12-16 | 13.79x |
| 2025-12-15 | 13.77x |
| 2025-12-12 | 13.93x |
| 2025-12-11 | 13.97x |
| 2025-12-10 | 13.78x |
| 2025-12-09 | 13.49x |
| 2025-12-08 | 13.69x |
| 2025-12-05 | 13.79x |
| 2025-12-04 | 13.09x |
| 2025-12-03 | 13.24x |
| 2025-12-02 | 13.17x |
| 2025-12-01 | 13.10x |
| 2025-11-28 | 12.82x |
| 2025-11-26 | 12.69x |
| 2025-11-25 | 12.75x |
| 2025-11-24 | 12.66x |
| 2025-11-21 | 12.62x |
| 2025-11-20 | 12.41x |
| 2025-11-19 | 12.16x |
| 2025-11-18 | 12.33x |
| 2025-11-17 | 12.36x |
| 2025-11-14 | 12.40x |
| 2025-11-13 | 12.47x |
| 2025-11-12 | 12.20x |
| 2025-11-11 | 12.38x |
| 2025-11-10 | 12.19x |
| 2025-11-07 | 11.92x |
| 2025-11-06 | 11.89x |
| 2025-11-05 | 12.09x |
| 2025-11-04 | 12.20x |
| 2025-11-03 | 12.27x |
| 2025-10-31 | 12.16x |
| 2025-10-30 | 11.94x |
| 2025-10-29 | 11.99x |
| 2025-10-28 | 12.53x |
| 2025-10-27 | 12.64x |
| 2025-10-24 | 12.43x |
| 2025-10-23 | 12.49x |
| 2025-10-22 | 12.48x |
| 2025-10-21 | 12.71x |
| 2025-10-20 | 12.80x |
| 2025-10-17 | 12.72x |
| 2025-10-16 | 12.55x |
| 2025-10-15 | 12.13x |
| 2025-10-14 | 12.27x |
| 2025-10-13 | 12.04x |
| 2025-10-10 | 11.95x |
| 2025-10-09 | 12.21x |
| 2025-10-08 | 12.38x |
| 2025-10-07 | 12.39x |
| 2025-10-06 | 12.27x |
| 2025-10-03 | 12.44x |
| 2025-10-02 | 12.33x |
| 2025-10-01 | 12.28x |
| 2025-09-30 | 12.10x |
| 2025-09-29 | 12.09x |
| 2025-09-26 | 12.11x |
| 2025-09-25 | 11.97x |
| 2025-09-24 | 12.31x |
| 2025-09-23 | 12.08x |
| 2025-09-22 | 12.02x |
| 2025-09-19 | 12.25x |
| 2025-09-18 | 12.25x |
| 2025-09-17 | 12.23x |
| 2025-09-16 | 12.19x |
| 2025-09-15 | 12.20x |
| 2025-09-12 | 12.26x |
| 2025-09-11 | 12.23x |
| 2025-09-10 | 12.17x |
| 2025-09-09 | 12.24x |
| 2025-09-08 | 12.29x |
| 2025-09-05 | 12.79x |
| 2025-09-04 | 12.52x |
| 2025-09-03 | 12.52x |
| 2025-09-02 | 12.88x |
| 2025-08-29 | 13.19x |
| 2025-08-28 | 12.77x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.