Basis: Current FMP quote-based enterprise value / four-quarter revenue. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 4.37x is 42% above its estimated 5-year average of 3.08x, around the middle of its estimated 5-year range (0.85x–10.40x).
As of 2026-09-16T09:00:44.298Z. 11.30% above its estimated 12-month average of 3.93x.
Calculation as of: 2026-09-16T09:00:44.298Z.
Quote observation: 2026-09-15T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 2d2bf500510ca980e9ba025b0130a147eff4ec22aa67c9ab29b2a87d8d69474d
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/SALES RATIO
4.37x
EV/SALES RATIO AVG TTM
3.93x
EV/SALES RATIO AVG 3Y
3.96x
EV/SALES RATIO AVG 5Y
3.08x
EV/SALES RATIO AVG 10Y
N/A
EV/SALES RATIO AVG 15Y
N/A
EV/SALES RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+11.30%
CURRENT VS 3Y AVG
+10.38%
CURRENT VS 5Y AVG
+41.88%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.65x
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
+19.73%
vs the sector median at left
Market Cap
$25.68B
EV/Sales Ratio
7.68x
TTM Avg
6.62x
3Y Avg
7.37x
5Y Avg
8.07x
Market Cap
$26.57B
EV/Sales Ratio
2.31x
TTM Avg
2.11x
3Y Avg
2.02x
5Y Avg
1.90x
Market Cap
$26.88B
EV/Sales Ratio
7.00x
TTM Avg
7.30x
3Y Avg
7.47x
5Y Avg
7.99x
Market Cap
$27.29B
EV/Sales Ratio
2.86x
TTM Avg
2.57x
3Y Avg
2.42x
5Y Avg
2.25x
Market Cap
$21.24B
EV/Sales Ratio
6.16x
TTM Avg
7.19x
3Y Avg
5.88x
5Y Avg
5.85x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BioNTech SE (BNTX) | $24.29B | 4.37x | 3.93x | 3.96x | 3.08x |
| Incyte Corporation (INCY)vs › | $24.68B | 3.56x | 3.52x | 3.09x | 3.59x |
| West Pharmaceutical Services, Inc. (WST)vs › | $25.68B | 7.68x | 6.62x | 7.37x | 8.07x |
| Labcorp Holdings Inc. (LH)vs › | $26.57B | 2.31x | 2.11x | 2.02x | 1.90x |
| Mettler-Toledo International Inc. (MTD)vs › | $26.88B | 7.00x | 7.30x | 7.47x | 7.99x |
| Medline Inc. (MDLN)vs › | $27.15B | 1.25x | 1.52x | 1.52x | 1.52x |
| Quest Diagnostics Incorporated (DGX)vs › | $27.29B | 2.86x | 2.57x | 2.42x | 2.25x |
| United Therapeutics Corporation (UTHR)vs › | $21.24B | 6.16x | 7.19x | 5.88x | 5.85x |
| STERIS plc (STE)vs › | $20.49B | 3.65x | 4.30x | 4.70x | 5.00x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $28.94B | 1.82x | 2.02x | 2.16x | 2.18x |
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/SALES RATIO |
|---|---|
| 2026-09-11 | 4.44x |
| 2026-09-10 | 4.41x |
| 2026-09-09 | 4.55x |
| 2026-09-08 | 4.60x |
| 2026-09-04 | 5.01x |
| 2026-09-03 | 4.94x |
| 2026-09-02 | 5.02x |
| 2026-09-01 | 4.86x |
| 2026-08-31 | 4.84x |
| 2026-08-28 | 4.88x |
| 2026-08-27 | 5.64x |
| 2026-08-26 | 5.73x |
| 2026-08-25 | 5.85x |
| 2026-08-24 | 5.75x |
| 2026-08-21 | 6.06x |
| 2026-08-20 | 5.60x |
| 2026-08-19 | 5.78x |
| 2026-08-18 | 4.11x |
| 2026-08-17 | 4.02x |
| 2026-08-14 | 4.14x |
| 2026-08-13 | 4.06x |
| 2026-08-12 | 4.11x |
| 2026-08-11 | 4.12x |
| 2026-08-10 | 4.12x |
| 2026-08-07 | 4.19x |
| 2026-08-06 | 3.98x |
| 2026-08-05 | 4.07x |
| 2026-08-04 | 3.64x |
| 2026-08-03 | 3.71x |
| 2026-07-31 | 3.58x |
| 2026-07-30 | 3.76x |
| 2026-07-29 | 3.76x |
| 2026-07-28 | 3.73x |
| 2026-07-27 | 3.62x |
| 2026-07-24 | 3.48x |
| 2026-07-23 | 3.70x |
| 2026-07-22 | 3.68x |
| 2026-07-21 | 3.72x |
| 2026-07-20 | 3.70x |
| 2026-07-17 | 3.65x |
| 2026-07-16 | 3.66x |
| 2026-07-15 | 3.69x |
| 2026-07-14 | 3.57x |
| 2026-07-13 | 3.54x |
| 2026-07-10 | 3.65x |
| 2026-07-09 | 3.77x |
| 2026-07-08 | 3.81x |
| 2026-07-07 | 3.87x |
| 2026-07-06 | 3.84x |
| 2026-07-02 | 4.12x |
| 2026-07-01 | 3.84x |
| 2026-06-30 | 3.77x |
| 2026-06-29 | 3.86x |
| 2026-06-26 | 3.63x |
| 2026-06-25 | 3.54x |
| 2026-06-24 | 3.55x |
| 2026-06-23 | 3.58x |
| 2026-06-22 | 3.55x |
| 2026-06-18 | 3.61x |
| 2026-06-17 | 3.71x |
| 2026-06-16 | 3.50x |
| 2026-06-15 | 3.60x |
| 2026-06-12 | 3.58x |
| 2026-06-11 | 3.50x |
| 2026-06-10 | 3.24x |
| 2026-06-09 | 3.27x |
| 2026-06-08 | 3.19x |
| 2026-06-05 | 3.39x |
| 2026-06-04 | 3.51x |
| 2026-06-03 | 3.42x |
| 2026-06-02 | 3.47x |
| 2026-06-01 | 3.67x |
| 2026-05-29 | 3.99x |
| 2026-05-28 | 3.80x |
| 2026-05-27 | 3.77x |
| 2026-05-26 | 3.71x |
| 2026-05-22 | 3.70x |
| 2026-05-21 | 3.61x |
| 2026-05-20 | 3.56x |
| 2026-05-19 | 3.37x |
| 2026-05-18 | 3.45x |
| 2026-05-15 | 3.50x |
| 2026-05-14 | 3.69x |
| 2026-05-13 | 3.71x |
| 2026-05-12 | 3.82x |
| 2026-05-11 | 3.79x |
| 2026-05-08 | 3.85x |
| 2026-05-07 | 3.77x |
| 2026-05-06 | 3.94x |
| 2026-05-05 | 4.40x |
| 2026-05-04 | 4.68x |
| 2026-05-01 | 4.55x |
| 2026-04-30 | 4.98x |
| 2026-04-29 | 4.85x |
| 2026-04-28 | 4.88x |
| 2026-04-27 | 4.88x |
| 2026-04-24 | 5.13x |
| 2026-04-23 | 5.14x |
| 2026-04-22 | 5.36x |
| 2026-04-21 | 5.58x |
| 2026-04-20 | 5.11x |
| 2026-04-17 | 4.95x |
| 2026-04-16 | 4.89x |
| 2026-04-15 | 4.69x |
| 2026-04-14 | 4.61x |
| 2026-04-13 | 4.49x |
| 2026-04-10 | 4.40x |
| 2026-04-09 | 4.14x |
| 2026-04-08 | 4.15x |
| 2026-04-07 | 3.97x |
| 2026-04-06 | 4.09x |
| 2026-04-02 | 4.08x |
| 2026-04-01 | 3.96x |
| 2026-03-31 | 3.92x |
| 2026-03-30 | 3.65x |
| 2026-03-27 | 3.68x |
| 2026-03-26 | 3.81x |
| 2026-03-25 | 3.91x |
| 2026-03-24 | 3.76x |
| 2026-03-23 | 3.88x |
| 2026-03-20 | 3.94x |
| 2026-03-19 | 3.95x |
| 2026-03-18 | 4.00x |
| 2026-03-17 | 4.35x |
| 2026-03-16 | 4.04x |
| 2026-03-13 | 4.09x |
| 2026-03-12 | 4.01x |
| 2026-03-11 | 4.06x |
| 2026-03-10 | 2.42x |
| 2026-03-09 | 3.66x |
| 2026-03-06 | 3.61x |
| 2026-03-05 | 3.64x |
| 2026-03-04 | 3.77x |
| 2026-03-03 | 3.56x |
| 2026-03-02 | 4.02x |
| 2026-02-27 | 4.21x |
| 2026-02-26 | 4.11x |
| 2026-02-25 | 4.18x |
| 2026-02-24 | 4.25x |
| 2026-02-23 | 4.19x |
| 2026-02-20 | 4.20x |
| 2026-02-19 | 4.22x |
| 2026-02-18 | 4.05x |
| 2026-02-17 | 3.99x |
| 2026-02-13 | 3.91x |
| 2026-02-12 | 3.90x |
| 2026-02-11 | 4.15x |
| 2026-02-10 | 4.12x |
| 2026-02-09 | 4.22x |
| 2026-02-06 | 3.96x |
| 2026-02-05 | 3.89x |
| 2026-02-04 | 4.11x |
| 2026-02-03 | 4.07x |
| 2026-02-02 | 4.12x |
| 2026-01-30 | 4.45x |
| 2026-01-29 | 4.65x |
| 2026-01-28 | 4.61x |
| 2026-01-27 | 4.83x |
| 2026-01-26 | 4.74x |
| 2026-01-23 | 4.60x |
| 2026-01-22 | 4.77x |
| 2026-01-21 | 4.74x |
| 2026-01-20 | 3.89x |
| 2026-01-16 | 4.12x |
| 2026-01-15 | 3.92x |
| 2026-01-14 | 4.13x |
| 2026-01-13 | 4.00x |
| 2026-01-12 | 3.66x |
| 2026-01-09 | 3.50x |
| 2026-01-08 | 3.43x |
| 2026-01-07 | 3.52x |
| 2026-01-06 | 3.38x |
| 2026-01-05 | 3.30x |
| 2026-01-02 | 3.29x |
| 2025-12-31 | 3.19x |
| 2025-12-30 | 3.19x |
| 2025-12-29 | 3.19x |
| 2025-12-26 | 3.14x |
| 2025-12-24 | 3.17x |
| 2025-12-23 | 3.11x |
| 2025-12-22 | 2.98x |
| 2025-12-19 | 3.00x |
| 2025-12-18 | 2.93x |
| 2025-12-17 | 2.94x |
| 2025-12-16 | 2.98x |
| 2025-12-15 | 3.09x |
| 2025-12-12 | 3.16x |
| 2025-12-11 | 3.24x |
| 2025-12-10 | 3.22x |
| 2025-12-09 | 3.23x |
| 2025-12-08 | 3.33x |
| 2025-12-05 | 3.26x |
| 2025-12-04 | 3.24x |
| 2025-12-03 | 3.29x |
| 2025-12-02 | 3.25x |
| 2025-12-01 | 3.34x |
| 2025-11-28 | 3.73x |
| 2025-11-26 | 3.70x |
| 2025-11-25 | 3.49x |
| 2025-11-24 | 3.28x |
| 2025-11-21 | 3.21x |
| 2025-11-20 | 3.31x |
| 2025-11-19 | 3.61x |
| 2025-11-18 | 3.68x |
| 2025-11-17 | 3.69x |
| 2025-11-14 | 3.72x |
| 2025-11-13 | 3.78x |
| 2025-11-12 | 4.31x |
| 2025-11-11 | 4.10x |
| 2025-11-10 | 3.86x |
| 2025-11-07 | 3.73x |
| 2025-11-06 | 3.74x |
| 2025-11-05 | 3.75x |
| 2025-11-04 | 3.84x |
| 2025-11-03 | 4.27x |
| 2025-10-31 | 4.26x |
| 2025-10-30 | 4.32x |
| 2025-10-29 | 4.22x |
| 2025-10-28 | 4.35x |
| 2025-10-27 | 4.43x |
| 2025-10-24 | 4.40x |
| 2025-10-23 | 4.33x |
| 2025-10-22 | 4.44x |
| 2025-10-21 | 4.50x |
| 2025-10-20 | 4.58x |
| 2025-10-17 | 4.36x |
| 2025-10-16 | 4.36x |
| 2025-10-15 | 4.30x |
| 2025-10-14 | 4.16x |
| 2025-10-13 | 4.14x |
| 2025-10-10 | 4.12x |
| 2025-10-09 | 4.31x |
| 2025-10-08 | 4.45x |
| 2025-10-07 | 4.43x |
| 2025-10-06 | 4.36x |
| 2025-10-03 | 4.39x |
| 2025-10-02 | 4.31x |
| 2025-10-01 | 4.13x |
| 2025-09-30 | 3.86x |
| 2025-09-29 | 3.82x |
| 2025-09-26 | 3.81x |
| 2025-09-25 | 3.81x |
| 2025-09-24 | 3.94x |
| 2025-09-23 | 3.83x |
| 2025-09-22 | 3.86x |
| 2025-09-19 | 3.67x |
| 2025-09-18 | 3.68x |
| 2025-09-17 | 3.82x |
| 2025-09-16 | 3.91x |
| 2025-09-15 | 3.80x |
| 2025-09-12 | 3.71x |
| 2025-09-11 | 4.30x |
| 2025-09-10 | 4.04x |
| 2025-09-09 | 4.12x |
| 2025-09-08 | 4.17x |
| 2025-09-05 | 4.93x |
| 2025-09-04 | 4.23x |
| 2025-09-03 | 3.99x |
| 2025-09-02 | 4.01x |
| 2025-08-29 | 3.96x |
Showing the most recent 260 of 1,739 data points. The chart above shows the full history.
