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 39.27x is in line with its estimated 5-year average of 39.24x, around the middle of its estimated 5-year range (21.35x–61.37x).
As of 2026-10-06T10:51:02.551Z. 5.73% below its estimated 12-month average of 41.66x.
Calculation as of: 2026-10-06T10:51:02.551Z.
Quote observation: 2026-10-05T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: f1246f85e80a52d6e2f853ceb63bff3dee56782bbcf357b6c1701c80b8c0d6a9
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
39.27x
EV/EBITDA RATIO AVG TTM
41.66x
EV/EBITDA RATIO AVG 3Y
42.67x
EV/EBITDA RATIO AVG 5Y
39.24x
EV/EBITDA RATIO AVG 10Y
40.22x
EV/EBITDA RATIO AVG 15Y
34.46x
EV/EBITDA RATIO AVG 20Y
31.16x
CURRENT VS TTM AVG
-5.73%
CURRENT VS 3Y AVG
-7.96%
CURRENT VS 5Y AVG
+0.06%
CURRENT VS 10Y AVG
-2.37%
CURRENT VS 15Y AVG
+13.97%
CURRENT VS 20Y AVG
+26.05%
SECTOR MEDIAN · TECHNOLOGY
24.55x
median of 234 covered companies
CURRENT VS SECTOR MEDIAN
+59.96%
vs the sector median at left
Cognex Corporation
Market Cap
$10.71B
EV/EBITDA Ratio
39.27x
TTM Avg
41.66x
3Y Avg
42.67x
5Y Avg
39.24x
Market Cap
$10.73B
EV/EBITDA Ratio
14.16x
TTM Avg
15.62x
3Y Avg
18.10x
5Y Avg
17.99x
Market Cap
$10.78B
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.31B
EV/EBITDA Ratio
12.25x
TTM Avg
13.89x
3Y Avg
16.47x
5Y Avg
18.04x
Market Cap
$10.18B
EV/EBITDA Ratio
12.99x
TTM Avg
11.22x
3Y Avg
14.85x
5Y Avg
29.54x
Market Cap
$10.16B
EV/EBITDA Ratio
24.14x
TTM Avg
30.31x
3Y Avg
45.50x
5Y Avg
57.09x
Market Cap
$11.30B
EV/EBITDA Ratio
36.99x
TTM Avg
206.08x
3Y Avg
1213.18x
5Y Avg
1213.18x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cognex Corporation (CGNX) | $10.71B | 39.27x | 41.66x | 42.67x | 39.24x |
| Maplebear Inc. (CART)vs › | $10.73B | 14.16x | 15.62x | 18.10x | 17.99x |
| Chime Financial, Inc. Class A Common Stock (CHYM)vs › | $10.78B | N/A | N/A | N/A | N/A |
| Jack Henry & Associates, Inc. (JKHY)vs › | $10.31B | 12.25x | 13.89x | 16.47x | 18.04x |
| Paycom Software, Inc. (PAYC)vs › | $10.18B | 12.99x | 11.22x | 14.85x | 29.54x |
| Bentley Systems, Incorporated (BSY)vs › | $10.16B | 24.14x | 30.31x | 45.50x | 57.09x |
| Aurora Innovation, Inc. (AUR)vs › | $11.28B | N/A | N/A | N/A | N/A |
| HubSpot, Inc. (HUBS)vs › | $11.30B | 36.99x | 206.08x | 1213.18x | 1213.18x |
| Qorvo, Inc. (QRVO)vs › | $10.07B | 14.31x | 14.15x | 25.58x | 20.31x |
| FormFactor, Inc. (FORM)vs › | $11.54B | 59.30x | 60.67x | 48.93x | 39.64x |
At 39.3, EV/EBITDA is above its estimated 20-year median — higher than 70% 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
6.7
median
31.1
estimated 20-year high
174.6
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 |
|---|---|
| 2026-10-05 | 40.13x |
| 2026-10-02 | 40.51x |
| 2026-10-01 | 38.76x |
| 2026-09-30 | 37.76x |
| 2026-09-29 | 37.13x |
| 2026-09-28 | 36.55x |
| 2026-09-25 | 36.49x |
| 2026-09-24 | 35.88x |
| 2026-09-23 | 36.19x |
| 2026-09-22 | 36.69x |
| 2026-09-21 | 38.61x |
| 2026-09-18 | 38.34x |
| 2026-09-17 | 37.89x |
| 2026-09-16 | 37.41x |
| 2026-09-15 | 36.80x |
| 2026-09-14 | 37.28x |
| 2026-09-11 | 40.03x |
| 2026-09-10 | 38.42x |
| 2026-09-09 | 38.54x |
| 2026-09-08 | 38.76x |
| 2026-09-04 | 38.78x |
| 2026-09-03 | 37.85x |
| 2026-09-02 | 37.31x |
| 2026-09-01 | 37.40x |
| 2026-08-31 | 37.96x |
| 2026-08-28 | 37.64x |
| 2026-08-27 | 39.24x |
| 2026-08-26 | 38.44x |
| 2026-08-25 | 37.23x |
| 2026-08-24 | 36.42x |
| 2026-08-21 | 37.69x |
| 2026-08-20 | 37.17x |
| 2026-08-19 | 37.75x |
| 2026-08-18 | 39.52x |
| 2026-08-17 | 41.55x |
| 2026-08-14 | 40.93x |
| 2026-08-13 | 38.36x |
| 2026-08-12 | 37.77x |
| 2026-08-11 | 39.19x |
| 2026-08-10 | 40.12x |
| 2026-08-07 | 41.73x |
| 2026-08-06 | 49.43x |
| 2026-08-05 | 51.91x |
| 2026-08-04 | 52.52x |
| 2026-08-03 | 49.48x |
| 2026-07-31 | 47.84x |
| 2026-07-30 | 45.89x |
| 2026-07-29 | 42.32x |
| 2026-07-28 | 44.21x |
| 2026-07-27 | 44.90x |
| 2026-07-24 | 45.47x |
| 2026-07-23 | 46.50x |
| 2026-07-22 | 45.83x |
| 2026-07-21 | 46.13x |
| 2026-07-20 | 46.23x |
| 2026-07-17 | 46.97x |
| 2026-07-16 | 46.84x |
| 2026-07-15 | 46.35x |
| 2026-07-14 | 47.68x |
| 2026-07-13 | 46.85x |
| 2026-07-10 | 49.00x |
| 2026-07-09 | 48.23x |
| 2026-07-08 | 47.00x |
| 2026-07-07 | 47.07x |
| 2026-07-06 | 51.00x |
| 2026-07-02 | 49.75x |
| 2026-07-01 | 52.36x |
| 2026-06-30 | 53.18x |
| 2026-06-29 | 50.16x |
| 2026-06-26 | 48.82x |
| 2026-06-25 | 48.81x |
| 2026-06-24 | 46.65x |
| 2026-06-23 | 46.89x |
| 2026-06-22 | 49.60x |
| 2026-06-18 | 48.48x |
| 2026-06-17 | 47.49x |
| 2026-06-16 | 47.97x |
| 2026-06-15 | 48.33x |
| 2026-06-12 | 46.63x |
| 2026-06-11 | 45.51x |
| 2026-06-10 | 42.96x |
| 2026-06-09 | 44.92x |
| 2026-06-08 | 45.72x |
| 2026-06-05 | 44.55x |
| 2026-06-04 | 47.42x |
| 2026-06-03 | 48.45x |
| 2026-06-02 | 48.47x |
| 2026-06-01 | 47.39x |
| 2026-05-29 | 48.29x |
| 2026-05-28 | 48.41x |
| 2026-05-27 | 48.93x |
| 2026-05-26 | 50.14x |
| 2026-05-22 | 48.47x |
| 2026-05-21 | 47.12x |
| 2026-05-20 | 46.45x |
| 2026-05-19 | 44.42x |
| 2026-05-18 | 45.36x |
| 2026-05-15 | 47.11x |
| 2026-05-14 | 48.47x |
| 2026-05-13 | 46.65x |
| 2026-05-12 | 48.17x |
| 2026-05-11 | 49.34x |
| 2026-05-08 | 48.15x |
| 2026-05-07 | 56.68x |
| 2026-05-06 | 53.48x |
| 2026-05-05 | 50.48x |
| 2026-05-04 | 48.27x |
| 2026-05-01 | 47.96x |
| 2026-04-30 | 47.58x |
| 2026-04-29 | 45.84x |
| 2026-04-28 | 46.03x |
| 2026-04-27 | 47.21x |
| 2026-04-24 | 46.49x |
| 2026-04-23 | 46.35x |
| 2026-04-22 | 46.28x |
| 2026-04-21 | 46.01x |
| 2026-04-20 | 47.55x |
| 2026-04-17 | 47.57x |
| 2026-04-16 | 47.11x |
| 2026-04-15 | 46.82x |
| 2026-04-14 | 47.64x |
| 2026-04-13 | 46.60x |
| 2026-04-10 | 45.74x |
| 2026-04-09 | 46.18x |
| 2026-04-08 | 46.07x |
| 2026-04-07 | 44.24x |
| 2026-04-06 | 42.34x |
| 2026-04-02 | 42.03x |
| 2026-04-01 | 42.18x |
| 2026-03-31 | 41.88x |
| 2026-03-30 | 39.21x |
| 2026-03-27 | 40.65x |
| 2026-03-26 | 42.17x |
| 2026-03-25 | 44.17x |
| 2026-03-24 | 43.64x |
| 2026-03-23 | 43.46x |
| 2026-03-20 | 42.10x |
| 2026-03-19 | 42.98x |
| 2026-03-18 | 42.65x |
| 2026-03-17 | 42.87x |
| 2026-03-16 | 42.38x |
| 2026-03-13 | 40.99x |
| 2026-03-12 | 41.69x |
| 2026-03-11 | 43.63x |
| 2026-03-10 | 43.27x |
| 2026-03-09 | 43.48x |
| 2026-03-06 | 42.28x |
| 2026-03-05 | 43.85x |
| 2026-03-04 | 45.53x |
| 2026-03-03 | 45.92x |
| 2026-03-02 | 46.11x |
| 2026-02-27 | 46.61x |
| 2026-02-26 | 47.45x |
| 2026-02-25 | 49.25x |
| 2026-02-24 | 49.65x |
| 2026-02-23 | 48.42x |
| 2026-02-20 | 48.03x |
| 2026-02-19 | 47.96x |
| 2026-02-18 | 48.64x |
| 2026-02-17 | 48.96x |
| 2026-02-13 | 50.45x |
| 2026-02-12 | 51.55x |
| 2026-02-11 | 37.58x |
| 2026-02-10 | 38.07x |
| 2026-02-09 | 38.19x |
| 2026-02-06 | 36.99x |
| 2026-02-05 | 34.41x |
| 2026-02-04 | 35.52x |
| 2026-02-03 | 35.63x |
| 2026-02-02 | 34.65x |
| 2026-01-30 | 33.74x |
| 2026-01-29 | 34.05x |
| 2026-01-28 | 34.02x |
| 2026-01-27 | 34.39x |
| 2026-01-26 | 34.31x |
| 2026-01-23 | 34.65x |
| 2026-01-22 | 36.40x |
| 2026-01-21 | 35.23x |
| 2026-01-20 | 33.90x |
| 2026-01-16 | 35.69x |
| 2026-01-15 | 35.40x |
| 2026-01-14 | 34.92x |
| 2026-01-13 | 34.54x |
| 2026-01-12 | 34.36x |
| 2026-01-09 | 33.98x |
| 2026-01-08 | 32.85x |
| 2026-01-07 | 33.01x |
| 2026-01-06 | 33.62x |
| 2026-01-05 | 32.52x |
| 2026-01-02 | 32.12x |
| 2025-12-31 | 31.28x |
| 2025-12-30 | 31.62x |
| 2025-12-29 | 31.71x |
| 2025-12-26 | 31.78x |
| 2025-12-24 | 31.83x |
| 2025-12-23 | 31.88x |
| 2025-12-22 | 31.81x |
| 2025-12-19 | 32.01x |
| 2025-12-18 | 31.45x |
| 2025-12-17 | 31.08x |
| 2025-12-16 | 32.04x |
| 2025-12-15 | 30.22x |
| 2025-12-12 | 30.98x |
| 2025-12-11 | 32.08x |
| 2025-12-10 | 33.00x |
| 2025-12-09 | 33.28x |
| 2025-12-08 | 33.46x |
| 2025-12-05 | 33.46x |
| 2025-12-04 | 33.89x |
| 2025-12-03 | 32.80x |
| 2025-12-02 | 33.25x |
| 2025-12-01 | 33.04x |
| 2025-11-28 | 33.17x |
| 2025-11-26 | 33.27x |
| 2025-11-25 | 32.87x |
| 2025-11-24 | 32.29x |
| 2025-11-21 | 32.09x |
| 2025-11-20 | 30.27x |
| 2025-11-19 | 31.38x |
| 2025-11-18 | 31.21x |
| 2025-11-17 | 31.28x |
| 2025-11-14 | 31.98x |
| 2025-11-13 | 32.23x |
| 2025-11-12 | 33.24x |
| 2025-11-11 | 33.44x |
| 2025-11-10 | 33.60x |
| 2025-11-07 | 34.22x |
| 2025-11-06 | 34.46x |
| 2025-11-05 | 35.32x |
| 2025-11-04 | 34.87x |
| 2025-11-03 | 36.39x |
| 2025-10-31 | 36.11x |
| 2025-10-30 | 41.74x |
| 2025-10-29 | 48.02x |
| 2025-10-28 | 47.86x |
| 2025-10-27 | 48.88x |
| 2025-10-24 | 48.95x |
| 2025-10-23 | 48.63x |
| 2025-10-22 | 46.84x |
| 2025-10-21 | 48.87x |
| 2025-10-20 | 47.88x |
| 2025-10-17 | 46.58x |
| 2025-10-16 | 46.87x |
| 2025-10-15 | 46.33x |
| 2025-10-14 | 45.75x |
| 2025-10-13 | 44.23x |
| 2025-10-10 | 41.19x |
| 2025-10-09 | 47.12x |
| 2025-10-08 | 47.31x |
| 2025-10-07 | 46.49x |
| 2025-10-06 | 47.43x |
| 2025-10-03 | 46.85x |
| 2025-10-02 | 46.17x |
| 2025-10-01 | 46.37x |
| 2025-09-30 | 45.82x |
| 2025-09-29 | 46.08x |
| 2025-09-26 | 46.33x |
| 2025-09-25 | 45.38x |
| 2025-09-24 | 46.05x |
| 2025-09-23 | 46.98x |
Showing the most recent 260 of 4,906 data points. The chart above shows the full history.