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 44.70x is 18% above its estimated 1-year average of 37.76x, around the middle of its estimated 1-year range (22.56x–55.33x).
As of 2026-10-06T15:35:57.987Z.
Calculation as of: 2026-10-06T15:35:57.987Z.
Quote observation: 2026-10-06T15:35:13.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 604c485faa117edd7b478e74db8828d7312282746a460099f8cc32b45e3ebf42
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 2026-10-05.
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
44.70x
EV/EBITDA RATIO AVG TTM
N/A
EV/EBITDA RATIO AVG 3Y
N/A
EV/EBITDA RATIO AVG 5Y
N/A
EV/EBITDA RATIO AVG 10Y
N/A
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
15.66x
median of 192 covered companies
CURRENT VS SECTOR MEDIAN
+185.35%
vs the sector median at left
Caris Life Sciences, Inc.
Market Cap
$8.02B
EV/EBITDA Ratio
44.70x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.95B
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.70B
EV/EBITDA Ratio
N/A
TTM Avg
135.79x
3Y Avg
135.79x
5Y Avg
135.79x
Market Cap
$7.64B
EV/EBITDA Ratio
17.38x
TTM Avg
17.99x
3Y Avg
23.37x
5Y Avg
26.61x
Market Cap
$8.44B
EV/EBITDA Ratio
7.35x
TTM Avg
74.89x
3Y Avg
49.56x
5Y Avg
49.56x
Market Cap
$7.54B
EV/EBITDA Ratio
74.26x
TTM Avg
74.38x
3Y Avg
147.51x
5Y Avg
147.51x
Market Cap
$7.41B
EV/EBITDA Ratio
2.24x
TTM Avg
2.95x
3Y Avg
2.95x
5Y Avg
195.03x
Market Cap
$8.83B
EV/EBITDA Ratio
N/A
TTM Avg
48.39x
3Y Avg
48.39x
5Y Avg
48.39x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Caris Life Sciences, Inc. (CAI) | $8.02B | 44.70x | N/A | N/A | N/A |
| Praxis Precision Medicines, Inc. (PRAX)vs › | $7.95B | N/A | N/A | N/A | N/A |
| Cytokinetics, Incorporated (CYTK)vs › | $7.70B | N/A | 135.79x | 135.79x | 135.79x |
| HealthEquity, Inc. (HQY)vs › | $7.64B | 17.38x | 17.99x | 23.37x | 26.61x |
| Oscar Health, Inc. (OSCR)vs › | $8.44B | 7.35x | 74.89x | 49.56x | 49.56x |
| Hinge Health, Inc. (HNGE)vs › | $7.54B | 74.26x | 74.38x | 147.51x | 147.51x |
| Ionis Pharmaceuticals, Inc. (IONS)vs › | $7.41B | 2.24x | 2.95x | 2.95x | 195.03x |
| Kymera Therapeutics, Inc. (KYMR)vs › | $8.72B | N/A | N/A | N/A | N/A |
| Arrowhead Pharmaceuticals, Inc. (ARWR)vs › | $8.83B | N/A | 48.39x | 48.39x | 48.39x |
| Alkermes plc (ALKS)vs › | $7.13B | 45.76x | 25.66x | 15.19x | 371.09x |
At 44.7, EV/EBITDA is near its estimated 1-year median — higher than 62% of readings in its estimated 1-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 1-year low
22.6
median
38.9
estimated 1-year high
55.3
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 |
|---|---|
| 2026-10-05 | 48.03x |
| 2026-10-02 | 44.63x |
| 2026-10-01 | 44.71x |
| 2026-09-30 | 48.42x |
| 2026-09-29 | 49.92x |
| 2026-09-28 | 50.24x |
| 2026-09-25 | 50.61x |
| 2026-09-24 | 51.09x |
| 2026-09-23 | 50.08x |
| 2026-09-22 | 49.79x |
| 2026-09-21 | 48.45x |
| 2026-09-18 | 47.36x |
| 2026-09-17 | 48.89x |
| 2026-09-16 | 44.49x |
| 2026-09-15 | 44.96x |
| 2026-09-14 | 40.98x |
| 2026-09-11 | 38.20x |
| 2026-09-10 | 37.71x |
| 2026-09-09 | 37.69x |
| 2026-09-08 | 38.98x |
| 2026-09-04 | 39.38x |
| 2026-09-03 | 39.79x |
| 2026-09-02 | 38.94x |
| 2026-09-01 | 38.91x |
| 2026-08-31 | 40.07x |
| 2026-08-28 | 40.29x |
| 2026-08-27 | 41.51x |
| 2026-08-26 | 42.23x |
| 2026-08-25 | 44.16x |
| 2026-08-24 | 41.11x |
| 2026-08-21 | 41.33x |
| 2026-08-20 | 38.59x |
| 2026-08-19 | 35.63x |
| 2026-08-18 | 32.72x |
| 2026-08-17 | 33.79x |
| 2026-08-14 | 34.07x |
| 2026-08-13 | 34.68x |
| 2026-08-12 | 34.81x |
| 2026-08-11 | 36.24x |
| 2026-08-10 | 36.67x |
| 2026-08-07 | 35.59x |
| 2026-08-06 | 31.14x |
| 2026-08-05 | 25.81x |
| 2026-08-04 | 25.21x |
| 2026-08-03 | 25.59x |
| 2026-07-31 | 24.48x |
| 2026-07-30 | 25.20x |
| 2026-07-29 | 24.34x |
| 2026-07-28 | 24.34x |
| 2026-07-27 | 24.41x |
| 2026-07-24 | 24.22x |
| 2026-07-23 | 24.44x |
| 2026-07-22 | 23.98x |
| 2026-07-21 | 24.58x |
| 2026-07-20 | 24.29x |
| 2026-07-17 | 25.88x |
| 2026-07-16 | 25.86x |
| 2026-07-15 | 27.54x |
| 2026-07-14 | 26.67x |
| 2026-07-13 | 26.86x |
| 2026-07-10 | 26.74x |
| 2026-07-09 | 28.24x |
| 2026-07-08 | 27.30x |
| 2026-07-07 | 27.56x |
| 2026-07-06 | 28.14x |
| 2026-07-02 | 28.98x |
| 2026-07-01 | 29.75x |
| 2026-06-30 | 28.16x |
| 2026-06-29 | 29.02x |
| 2026-06-26 | 29.32x |
| 2026-06-25 | 29.67x |
| 2026-06-24 | 28.72x |
| 2026-06-23 | 27.78x |
| 2026-06-22 | 27.29x |
| 2026-06-18 | 29.27x |
| 2026-06-17 | 28.23x |
| 2026-06-16 | 28.43x |
| 2026-06-15 | 28.78x |
| 2026-06-12 | 28.42x |
| 2026-06-11 | 28.47x |
| 2026-06-10 | 27.03x |
| 2026-06-09 | 26.69x |
| 2026-06-08 | 25.28x |
| 2026-06-05 | 25.88x |
| 2026-06-04 | 27.23x |
| 2026-06-03 | 24.15x |
| 2026-06-02 | 25.93x |
| 2026-06-01 | 25.81x |
| 2026-05-29 | 26.27x |
| 2026-05-28 | 26.19x |
| 2026-05-27 | 23.98x |
| 2026-05-26 | 24.22x |
| 2026-05-22 | 24.27x |
| 2026-05-21 | 24.94x |
| 2026-05-20 | 24.53x |
| 2026-05-19 | 23.26x |
| 2026-05-18 | 23.50x |
| 2026-05-15 | 22.56x |
| 2026-05-14 | 23.76x |
| 2026-05-13 | 22.80x |
| 2026-05-12 | 26.34x |
| 2026-05-11 | 24.94x |
| 2026-05-08 | 41.11x |
| 2026-05-07 | 51.42x |
| 2026-05-06 | 49.44x |
| 2026-05-05 | 48.93x |
| 2026-05-04 | 48.21x |
| 2026-05-01 | 47.59x |
| 2026-04-30 | 49.07x |
| 2026-04-29 | 45.63x |
| 2026-04-28 | 47.51x |
| 2026-04-27 | 51.67x |
| 2026-04-24 | 52.43x |
| 2026-04-23 | 51.28x |
| 2026-04-22 | 53.27x |
| 2026-04-21 | 54.19x |
| 2026-04-20 | 55.33x |
| 2026-04-17 | 55.08x |
| 2026-04-16 | 52.99x |
| 2026-04-15 | 54.52x |
| 2026-04-14 | 52.40x |
| 2026-04-13 | 49.44x |
| 2026-04-10 | 46.42x |
| 2026-04-09 | 49.63x |
| 2026-04-08 | 50.50x |
| 2026-04-07 | 48.37x |
| 2026-04-06 | 49.10x |
| 2026-04-02 | 49.88x |
| 2026-04-01 | 49.44x |
| 2026-03-31 | 45.94x |
| 2026-03-30 | 43.06x |
| 2026-03-27 | 43.34x |
| 2026-03-26 | 47.20x |
| 2026-03-25 | 47.84x |
| 2026-03-24 | 49.74x |
| 2026-03-23 | 49.80x |
| 2026-03-20 | 47.42x |
| 2026-03-19 | 48.54x |
| 2026-03-18 | 47.59x |
| 2026-03-17 | 47.79x |
| 2026-03-16 | 49.21x |
| 2026-03-13 | 46.70x |
| 2026-03-12 | 45.41x |
| 2026-03-11 | 48.01x |
| 2026-03-10 | 47.79x |
| 2026-03-09 | 49.07x |
| 2026-03-06 | 47.93x |
| 2026-03-05 | 49.69x |
| 2026-03-04 | 51.48x |