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 11.78x is 27% below its estimated 5-year average of 16.08x, near the low end of its estimated 5-year range (9.37x–20.63x).
As of 2026-09-28T08:01:04.295Z. 2.05% below its estimated 12-month average of 12.03x.
Calculation as of: 2026-09-28T08:01:04.295Z.
Quote observation: 2026-09-25T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4e3158a045d253973079fad129c4c85d0df31cfdff01f4f0bc2df71f8e82d6b0
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/EBITDA RATIO
11.78x
EV/EBITDA RATIO AVG TTM
12.03x
EV/EBITDA RATIO AVG 3Y
15.25x
EV/EBITDA RATIO AVG 5Y
16.08x
EV/EBITDA RATIO AVG 10Y
15.05x
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-2.05%
CURRENT VS 3Y AVG
-22.75%
CURRENT VS 5Y AVG
-26.74%
CURRENT VS 10Y AVG
-21.73%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
25.42x
median of 157 covered companies
CURRENT VS SECTOR MEDIAN
-53.66%
vs the sector median at left
CDW Corporation
Market Cap
$17.30B
EV/EBITDA Ratio
11.78x
TTM Avg
12.03x
3Y Avg
15.25x
5Y Avg
16.08x
Market Cap
$17.02B
EV/EBITDA Ratio
48.73x
TTM Avg
68.05x
3Y Avg
52.54x
5Y Avg
39.23x
Market Cap
$17.63B
EV/EBITDA Ratio
17.69x
TTM Avg
15.78x
3Y Avg
21.16x
5Y Avg
21.75x
Market Cap
$16.94B
EV/EBITDA Ratio
17.03x
TTM Avg
15.54x
3Y Avg
14.28x
5Y Avg
14.96x
Market Cap
$16.57B
EV/EBITDA Ratio
19.69x
TTM Avg
16.13x
3Y Avg
15.52x
5Y Avg
14.98x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CDW Corporation (CDW) | $17.30B | 11.78x | 12.03x | 15.25x | 16.08x |
| BE Semiconductor Industries N.V. (BESIY)vs › | $17.02B | 48.73x | 68.05x | 52.54x | 39.23x |
| MKS Inc. (MKSI)vs › | $17.62B | 19.99x | 22.31x | 17.91x | 14.57x |
| Zebra Technologies Corporation (ZBRA)vs › | $17.63B | 17.69x | 15.78x | 21.16x | 21.75x |
| IonQ, Inc. (IONQ)vs › | $16.98B | N/A | N/A | N/A | N/A |
| Fortive Corporation (FTV)vs › | $16.94B | 17.03x | 15.54x | 14.28x | 14.96x |
| Dynatrace, Inc. (DT)vs › | $16.89B | 53.61x | 44.49x | 64.45x | 75.77x |
| Toast, Inc. (TOST)vs › | $17.75B | 34.36x | 54.06x | 107.81x | 107.81x |
| Akamai Technologies, Inc. (AKAM)vs › | $16.57B | 19.69x | 16.13x | 15.52x | 14.98x |
| Unity Software Inc. (U)vs › | $18.14B | N/A | N/A | N/A | N/A |
At 11.8, EV/EBITDA is below its estimated 13-year median — higher than 30% of readings in its estimated 13-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 13-year low
9.2
median
13.8
estimated 13-year high
20.6
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 |
|---|---|
| 2026-09-11 | 12.95x |
| 2026-09-10 | 12.22x |
| 2026-09-09 | 12.21x |
| 2026-09-08 | 12.34x |
| 2026-09-04 | 12.86x |
| 2026-09-03 | 12.96x |
| 2026-09-02 | 12.62x |
| 2026-09-01 | 12.73x |
| 2026-08-31 | 12.81x |
| 2026-08-28 | 12.55x |
| 2026-08-27 | 12.64x |
| 2026-08-26 | 12.15x |
| 2026-08-25 | 12.19x |
| 2026-08-24 | 11.56x |
| 2026-08-21 | 11.87x |
| 2026-08-20 | 11.63x |
| 2026-08-19 | 11.87x |
| 2026-08-18 | 11.72x |
| 2026-08-17 | 11.74x |
| 2026-08-14 | 12.01x |
| 2026-08-13 | 12.19x |
| 2026-08-12 | 11.83x |
| 2026-08-11 | 11.75x |
| 2026-08-10 | 11.82x |
| 2026-08-07 | 11.78x |
| 2026-08-06 | 12.18x |
| 2026-08-05 | 12.05x |
| 2026-08-04 | 12.97x |
| 2026-08-03 | 12.55x |
| 2026-07-31 | 12.56x |
| 2026-07-30 | 12.41x |
| 2026-07-29 | 12.57x |
| 2026-07-28 | 12.31x |
| 2026-07-27 | 11.92x |
| 2026-07-24 | 11.64x |
| 2026-07-23 | 11.40x |
| 2026-07-22 | 11.38x |
| 2026-07-21 | 11.37x |
| 2026-07-20 | 11.39x |
| 2026-07-17 | 11.60x |
| 2026-07-16 | 11.67x |
| 2026-07-15 | 11.44x |
| 2026-07-14 | 12.00x |
| 2026-07-13 | 12.33x |
| 2026-07-10 | 12.33x |
| 2026-07-09 | 12.06x |
| 2026-07-08 | 11.90x |
| 2026-07-07 | 11.99x |
| 2026-07-06 | 11.66x |
| 2026-07-02 | 11.61x |
| 2026-07-01 | 11.94x |
| 2026-06-30 | 12.09x |
| 2026-06-29 | 12.03x |
| 2026-06-26 | 11.60x |
| 2026-06-25 | 11.26x |
| 2026-06-24 | 11.40x |
| 2026-06-23 | 11.39x |
| 2026-06-22 | 10.96x |
| 2026-06-18 | 11.28x |
| 2026-06-17 | 11.17x |
| 2026-06-16 | 11.39x |
| 2026-06-15 | 11.47x |
| 2026-06-12 | 11.53x |
| 2026-06-11 | 11.33x |
| 2026-06-10 | 11.34x |
| 2026-06-09 | 11.61x |
| 2026-06-08 | 11.70x |
| 2026-06-05 | 11.59x |
| 2026-06-04 | 12.01x |
| 2026-06-03 | 11.87x |
| 2026-06-02 | 12.03x |
| 2026-06-01 | 12.11x |
| 2026-05-29 | 11.09x |
| 2026-05-28 | 10.48x |
| 2026-05-27 | 10.35x |
| 2026-05-26 | 9.98x |
| 2026-05-22 | 10.12x |
| 2026-05-21 | 9.87x |
| 2026-05-20 | 9.82x |
| 2026-05-19 | 9.70x |
| 2026-05-18 | 9.68x |
| 2026-05-15 | 9.55x |
| 2026-05-14 | 9.55x |
| 2026-05-13 | 9.44x |
| 2026-05-12 | 9.37x |
| 2026-05-11 | 9.58x |
| 2026-05-08 | 9.73x |
| 2026-05-07 | 10.08x |
| 2026-05-06 | 10.22x |
| 2026-05-05 | 12.08x |
| 2026-05-04 | 11.98x |
| 2026-05-01 | 12.03x |
| 2026-04-30 | 12.09x |
| 2026-04-29 | 12.00x |
| 2026-04-28 | 11.82x |
| 2026-04-27 | 11.83x |
| 2026-04-24 | 11.98x |
| 2026-04-23 | 12.06x |
| 2026-04-22 | 12.46x |
| 2026-04-21 | 12.39x |
| 2026-04-20 | 12.08x |
| 2026-04-17 | 11.89x |
| 2026-04-16 | 11.85x |
| 2026-04-15 | 11.60x |
| 2026-04-14 | 11.63x |
| 2026-04-13 | 11.75x |
| 2026-04-10 | 11.33x |
| 2026-04-09 | 11.41x |
| 2026-04-08 | 11.41x |
| 2026-04-07 | 11.20x |
| 2026-04-06 | 11.19x |
| 2026-04-02 | 11.09x |
| 2026-04-01 | 11.05x |
| 2026-03-31 | 11.03x |
| 2026-03-30 | 10.86x |
| 2026-03-27 | 10.83x |
| 2026-03-26 | 11.04x |
| 2026-03-25 | 11.04x |
| 2026-03-24 | 11.08x |
| 2026-03-23 | 10.97x |
| 2026-03-20 | 10.98x |
| 2026-03-19 | 10.93x |
| 2026-03-18 | 10.80x |
| 2026-03-17 | 10.79x |
| 2026-03-16 | 10.84x |
| 2026-03-13 | 10.70x |
| 2026-03-12 | 10.52x |
| 2026-03-11 | 10.88x |
| 2026-03-10 | 10.87x |
| 2026-03-09 | 11.01x |
| 2026-03-06 | 11.19x |
| 2026-03-05 | 11.25x |
| 2026-03-04 | 11.28x |
| 2026-03-03 | 11.31x |
| 2026-03-02 | 11.28x |
| 2026-02-27 | 11.13x |
| 2026-02-26 | 11.18x |
| 2026-02-25 | 11.06x |
| 2026-02-24 | 11.33x |
| 2026-02-23 | 11.17x |
| 2026-02-20 | 11.46x |
| 2026-02-19 | 11.43x |
| 2026-02-18 | 11.44x |
| 2026-02-17 | 11.50x |
| 2026-02-13 | 11.62x |
| 2026-02-12 | 11.61x |
| 2026-02-11 | 12.17x |
| 2026-02-10 | 12.71x |
| 2026-02-09 | 12.75x |
| 2026-02-06 | 12.70x |
| 2026-02-05 | 12.57x |
| 2026-02-04 | 12.38x |
| 2026-02-03 | 11.57x |
| 2026-02-02 | 11.61x |
| 2026-01-30 | 11.58x |
| 2026-01-29 | 11.50x |
| 2026-01-28 | 11.47x |
| 2026-01-27 | 11.52x |
| 2026-01-26 | 11.65x |
| 2026-01-23 | 11.56x |
| 2026-01-22 | 11.78x |
| 2026-01-21 | 11.67x |
| 2026-01-20 | 11.47x |
| 2026-01-16 | 11.95x |
| 2026-01-15 | 11.99x |
| 2026-01-14 | 11.98x |
| 2026-01-13 | 12.15x |
| 2026-01-12 | 12.07x |
| 2026-01-09 | 12.07x |
| 2026-01-08 | 12.00x |
| 2026-01-07 | 11.80x |
| 2026-01-06 | 12.13x |
| 2026-01-05 | 12.08x |
| 2026-01-02 | 12.05x |
| 2025-12-31 | 12.26x |
| 2025-12-30 | 12.41x |
| 2025-12-29 | 12.42x |
| 2025-12-26 | 12.50x |
| 2025-12-24 | 12.43x |
| 2025-12-23 | 12.39x |
| 2025-12-22 | 12.48x |
| 2025-12-19 | 12.56x |
| 2025-12-18 | 12.73x |
| 2025-12-17 | 12.77x |
| 2025-12-16 | 12.86x |
| 2025-12-15 | 12.85x |
| 2025-12-12 | 12.85x |
| 2025-12-11 | 13.19x |
| 2025-12-10 | 13.17x |
| 2025-12-09 | 13.00x |
| 2025-12-08 | 12.92x |
| 2025-12-05 | 12.94x |
| 2025-12-04 | 12.83x |
| 2025-12-03 | 12.77x |
| 2025-12-02 | 12.80x |
| 2025-12-01 | 12.72x |
| 2025-11-28 | 12.81x |
| 2025-11-26 | 12.82x |
| 2025-11-25 | 12.74x |
| 2025-11-24 | 12.65x |
| 2025-11-21 | 12.53x |
| 2025-11-20 | 12.29x |
| 2025-11-19 | 12.50x |
| 2025-11-18 | 12.50x |
| 2025-11-17 | 12.53x |
| 2025-11-14 | 12.86x |
| 2025-11-13 | 12.98x |
| 2025-11-12 | 13.02x |
| 2025-11-11 | 12.70x |
| 2025-11-10 | 12.74x |
| 2025-11-07 | 12.68x |
| 2025-11-06 | 12.62x |
| 2025-11-05 | 12.95x |
| 2025-11-04 | 12.28x |
| 2025-11-03 | 13.17x |
| 2025-10-31 | 13.47x |
| 2025-10-30 | 13.30x |
| 2025-10-29 | 13.33x |
| 2025-10-28 | 13.26x |
| 2025-10-27 | 13.46x |
| 2025-10-24 | 13.39x |
| 2025-10-23 | 13.41x |
| 2025-10-22 | 13.27x |
| 2025-10-21 | 13.28x |
| 2025-10-20 | 13.20x |
| 2025-10-17 | 13.01x |
| 2025-10-16 | 12.91x |
| 2025-10-15 | 12.76x |
| 2025-10-14 | 12.86x |
| 2025-10-13 | 12.67x |
| 2025-10-10 | 12.50x |
| 2025-10-09 | 12.96x |
| 2025-10-08 | 13.31x |
| 2025-10-07 | 13.19x |
| 2025-10-06 | 13.34x |
| 2025-10-03 | 13.47x |
| 2025-10-02 | 13.48x |
| 2025-10-01 | 13.45x |
| 2025-09-30 | 13.47x |
| 2025-09-29 | 13.67x |
| 2025-09-26 | 13.81x |
| 2025-09-25 | 13.31x |
| 2025-09-24 | 13.55x |
| 2025-09-23 | 13.83x |
| 2025-09-22 | 13.80x |
| 2025-09-19 | 13.60x |
| 2025-09-18 | 13.71x |
| 2025-09-17 | 14.01x |
| 2025-09-16 | 13.93x |
| 2025-09-15 | 13.73x |
| 2025-09-12 | 13.81x |
| 2025-09-11 | 13.90x |
| 2025-09-10 | 14.24x |
| 2025-09-09 | 14.12x |
| 2025-09-08 | 14.05x |
| 2025-09-05 | 14.17x |
| 2025-09-04 | 13.94x |
| 2025-09-03 | 13.74x |
| 2025-09-02 | 13.67x |
| 2025-08-29 | 13.84x |
Showing the most recent 260 of 3,227 data points. The chart above shows the full history.
