Basis: Latest stored market observation. 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 23.33x is 33% below its 5-year average of 34.76x, near the low end of its 5-year range (18.06x–62.81x).
As of Friday, September 4, 2026. 2.93% above its 12-month average of 22.67x.
EV/EBITDA RATIO
23.33x
EV/EBITDA RATIO AVG TTM
22.67x
EV/EBITDA RATIO AVG 3Y
32.22x
EV/EBITDA RATIO AVG 5Y
34.76x
EV/EBITDA RATIO AVG 10Y
37.50x
EV/EBITDA RATIO AVG 15Y
31.81x
EV/EBITDA RATIO AVG 20Y
27.97x
CURRENT VS TTM AVG
+2.93%
CURRENT VS 3Y AVG
-27.60%
CURRENT VS 5Y AVG
-32.87%
CURRENT VS 10Y AVG
-37.79%
CURRENT VS 15Y AVG
-26.67%
CURRENT VS 20Y AVG
-16.59%
SECTOR MEDIAN · CONSUMER CYCLICAL
14.11x
median of 92 covered companies
CURRENT VS SECTOR MEDIAN
+65.40%
vs the sector median at left
Chipotle Mexican Grill, Inc.
Market Cap
$47.41B
EV/EBITDA Ratio
23.33x
TTM Avg
22.67x
3Y Avg
32.22x
5Y Avg
34.76x
Market Cap
$41.23B
EV/EBITDA Ratio
18.25x
TTM Avg
19.51x
3Y Avg
19.79x
5Y Avg
20.23x
Market Cap
$55.91B
EV/EBITDA Ratio
19.91x
TTM Avg
21.70x
3Y Avg
18.06x
5Y Avg
17.42x
Market Cap
$31.78B
EV/EBITDA Ratio
7.72x
TTM Avg
8.99x
3Y Avg
11.66x
5Y Avg
14.56x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chipotle Mexican Grill, Inc. (CMG) | $47.41B | 23.33x | 22.67x | 32.22x | 34.76x |
| AutoZone, Inc. (AZO)vs › | $48.19B | 14.57x | 17.02x | 16.38x | 15.74x |
| eBay Inc. (EBAY)vs › | $46.44B | 18.80x | 19.03x | 15.68x | 14.16x |
| Yum! Brands, Inc. (YUM)vs › | $41.23B | 18.25x | 19.51x | 19.79x | 20.23x |
| Ford Motor Company (F)vs › | $55.91B | 19.91x | 21.70x | 18.06x | 17.42x |
| JD.com, Inc. (JD)vs › | $38.86B | 25.36x | 24.25x | 13.70x | 26.37x |
| D.R. Horton, Inc. (DHI)vs › | $38.74B | 11.59x | 11.18x | 9.19x | 7.70x |
| NIKE, Inc. (NKE)vs › | $56.38B | 13.27x | 21.33x | 20.72x | 23.17x |
| Carnival Corporation & plc (CCL)vs › | $31.78B | 7.72x | 8.99x | 11.66x | 14.56x |
| Expedia Group, Inc. (EXPE)vs › | $31.44B | 9.32x | 10.65x | 10.92x | 14.55x |
At 23.3, EV/EBITDA is near its 20-year median — higher than 37% of readings in its 20-year history.
20-year low
6.1
median
26.3
20-year high
76.3
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 |
|---|---|
| 2026-09-04 | 23.33x |
| 2026-09-03 | 23.68x |
| 2026-09-02 | 24.22x |
| 2026-09-01 | 23.65x |
| 2026-08-31 | 23.94x |
| 2026-08-28 | 23.94x |
| 2026-08-27 | 23.48x |
| 2026-08-26 | 23.55x |
| 2026-08-25 | 23.60x |
| 2026-08-24 | 23.94x |
| 2026-08-21 | 23.30x |
| 2026-08-20 | 22.38x |
| 2026-08-19 | 22.03x |
| 2026-08-18 | 21.28x |
| 2026-08-17 | 21.51x |
| 2026-08-14 | 21.36x |
| 2026-08-13 | 20.86x |
| 2026-08-12 | 20.87x |
| 2026-08-11 | 20.51x |
| 2026-08-10 | 20.59x |
| 2026-08-07 | 20.96x |
| 2026-08-06 | 21.48x |
| 2026-08-05 | 21.93x |
| 2026-08-04 | 21.55x |
| 2026-08-03 | 23.62x |
| 2026-07-31 | 23.48x |
| 2026-07-30 | 23.89x |
| 2026-07-29 | 21.47x |
| 2026-07-28 | 21.06x |
| 2026-07-27 | 20.89x |
| 2026-07-24 | 20.09x |
| 2026-07-23 | 20.22x |
| 2026-07-22 | 20.32x |
| 2026-07-21 | 20.96x |
| 2026-07-20 | 20.85x |
| 2026-07-17 | 21.59x |
| 2026-07-16 | 21.45x |
| 2026-07-15 | 21.69x |
| 2026-07-14 | 22.71x |
| 2026-07-13 | 22.82x |
| 2026-07-10 | 22.04x |
| 2026-07-09 | 21.68x |
| 2026-07-08 | 21.02x |
| 2026-07-07 | 21.54x |
| 2026-07-06 | 21.33x |
| 2026-07-02 | 22.12x |
| 2026-07-01 | 21.90x |
| 2026-06-30 | 21.34x |
| 2026-06-29 | 20.76x |
| 2026-06-26 | 20.97x |
| 2026-06-25 | 20.37x |
| 2026-06-24 | 20.04x |
| 2026-06-23 | 19.62x |
| 2026-06-22 | 19.39x |
| 2026-06-18 | 20.49x |
| 2026-06-17 | 20.13x |
| 2026-06-16 | 20.55x |
| 2026-06-15 | 20.62x |
| 2026-06-12 | 20.34x |
| 2026-06-11 | 19.79x |
| 2026-06-10 | 19.32x |
| 2026-06-09 | 19.02x |
| 2026-06-08 | 18.67x |
| 2026-06-05 | 18.71x |
| 2026-06-04 | 18.06x |
| 2026-06-03 | 18.37x |
| 2026-06-02 | 18.67x |
| 2026-06-01 | 19.39x |
| 2026-05-29 | 20.13x |
| 2026-05-28 | 20.45x |
| 2026-05-27 | 20.60x |
| 2026-05-26 | 20.39x |
| 2026-05-22 | 20.71x |
| 2026-05-21 | 20.66x |
| 2026-05-20 | 20.75x |
| 2026-05-19 | 20.80x |
| 2026-05-18 | 21.20x |
| 2026-05-15 | 20.58x |
| 2026-05-14 | 20.26x |
| 2026-05-13 | 20.27x |
| 2026-05-12 | 20.59x |
| 2026-05-11 | 20.17x |
| 2026-05-08 | 20.49x |
| 2026-05-07 | 20.93x |
| 2026-05-06 | 20.63x |
| 2026-05-05 | 20.39x |
| 2026-05-04 | 20.20x |
| 2026-05-01 | 20.76x |
| 2026-04-30 | 21.33x |
| 2026-04-29 | 20.77x |
| 2026-04-28 | 22.28x |
| 2026-04-27 | 22.70x |
| 2026-04-24 | 23.02x |
| 2026-04-23 | 22.85x |
| 2026-04-22 | 23.52x |
| 2026-04-21 | 24.04x |
| 2026-04-20 | 23.92x |
| 2026-04-17 | 23.92x |
| 2026-04-16 | 23.50x |
| 2026-04-15 | 23.60x |
| 2026-04-14 | 23.42x |
| 2026-04-13 | 23.23x |
| 2026-04-10 | 22.95x |
| 2026-04-09 | 23.04x |
| 2026-04-08 | 22.79x |
| 2026-04-07 | 22.38x |
| 2026-04-06 | 22.63x |
| 2026-04-02 | 22.44x |
| 2026-04-01 | 22.14x |
| 2026-03-31 | 21.80x |
| 2026-03-30 | 21.32x |
| 2026-03-27 | 21.16x |
| 2026-03-26 | 21.89x |
| 2026-03-25 | 22.07x |
| 2026-03-24 | 22.21x |
| 2026-03-23 | 22.55x |
| 2026-03-20 | 22.55x |
| 2026-03-19 | 22.31x |
| 2026-03-18 | 22.15x |
| 2026-03-17 | 23.13x |
| 2026-03-16 | 22.95x |
| 2026-03-13 | 22.08x |
| 2026-03-12 | 22.10x |
| 2026-03-11 | 22.82x |
| 2026-03-10 | 23.30x |
| 2026-03-09 | 23.62x |
| 2026-03-06 | 23.67x |
| 2026-03-05 | 24.61x |
| 2026-03-04 | 24.41x |
| 2026-03-03 | 24.53x |
| 2026-03-02 | 24.40x |
| 2026-02-27 | 24.69x |
| 2026-02-26 | 25.16x |
| 2026-02-25 | 24.85x |
| 2026-02-24 | 24.29x |
| 2026-02-23 | 24.36x |
| 2026-02-20 | 24.87x |
| 2026-02-19 | 25.11x |
| 2026-02-18 | 25.53x |
| 2026-02-17 | 25.06x |
| 2026-02-13 | 24.18x |
| 2026-02-12 | 23.93x |
| 2026-02-11 | 24.69x |
| 2026-02-10 | 25.37x |
| 2026-02-09 | 26.01x |
| 2026-02-06 | 25.90x |
| 2026-02-05 | 25.38x |
| 2026-02-04 | 26.20x |
| 2026-02-03 | 24.30x |
| 2026-02-02 | 23.92x |
| 2026-01-30 | 24.13x |
| 2026-01-29 | 24.26x |
| 2026-01-28 | 24.29x |
| 2026-01-27 | 24.58x |
| 2026-01-26 | 24.62x |
| 2026-01-23 | 25.28x |
| 2026-01-22 | 25.08x |
| 2026-01-21 | 25.19x |
| 2026-01-20 | 24.20x |
| 2026-01-16 | 24.75x |
| 2026-01-15 | 24.98x |
| 2026-01-14 | 25.11x |
| 2026-01-13 | 24.44x |
| 2026-01-12 | 24.97x |
| 2026-01-09 | 24.84x |
| 2026-01-08 | 24.31x |
| 2026-01-07 | 24.13x |
| 2026-01-06 | 23.98x |
| 2026-01-05 | 23.77x |
| 2026-01-02 | 23.34x |
| 2025-12-31 | 23.06x |
| 2025-12-30 | 23.08x |
| 2025-12-29 | 23.14x |
| 2025-12-26 | 23.52x |
| 2025-12-24 | 23.57x |
| 2025-12-23 | 23.51x |
| 2025-12-22 | 23.58x |
| 2025-12-19 | 23.42x |
| 2025-12-18 | 23.42x |
| 2025-12-17 | 23.06x |
| 2025-12-16 | 22.29x |
| 2025-12-15 | 22.45x |
| 2025-12-12 | 22.56x |
| 2025-12-11 | 21.83x |
| 2025-12-10 | 21.30x |
| 2025-12-09 | 21.18x |
| 2025-12-08 | 21.11x |
| 2025-12-05 | 21.30x |
| 2025-12-04 | 21.42x |
| 2025-12-03 | 21.29x |
| 2025-12-02 | 21.42x |
| 2025-12-01 | 21.47x |
| 2025-11-28 | 21.63x |
| 2025-11-26 | 21.35x |
| 2025-11-25 | 20.99x |
| 2025-11-24 | 19.72x |
| 2025-11-21 | 19.98x |
| 2025-11-20 | 19.24x |
| 2025-11-19 | 19.61x |
| 2025-11-18 | 19.48x |
| 2025-11-17 | 19.34x |
| 2025-11-14 | 19.94x |
| 2025-11-13 | 19.83x |
| 2025-11-12 | 19.80x |
| 2025-11-11 | 18.93x |
| 2025-11-10 | 19.32x |
| 2025-11-07 | 19.38x |
| 2025-11-06 | 19.36x |
| 2025-11-05 | 20.17x |
| 2025-11-04 | 20.04x |
| 2025-11-03 | 19.91x |
| 2025-10-31 | 20.01x |
| 2025-10-30 | 20.49x |
| 2025-10-29 | 24.64x |
| 2025-10-28 | 25.30x |
| 2025-10-27 | 25.77x |
| 2025-10-24 | 25.85x |
| 2025-10-23 | 26.20x |
| 2025-10-22 | 26.09x |
| 2025-10-21 | 26.53x |
| 2025-10-20 | 26.10x |
| 2025-10-17 | 26.24x |
| 2025-10-16 | 26.18x |
| 2025-10-15 | 26.19x |
| 2025-10-14 | 26.38x |
| 2025-10-13 | 25.68x |
| 2025-10-10 | 25.04x |
| 2025-10-09 | 25.67x |
| 2025-10-08 | 25.72x |
| 2025-10-07 | 25.71x |
| 2025-10-06 | 26.10x |
| 2025-10-03 | 26.18x |
| 2025-10-02 | 25.31x |
| 2025-10-01 | 24.54x |
| 2025-09-30 | 24.67x |
| 2025-09-29 | 25.09x |
| 2025-09-26 | 25.20x |
| 2025-09-25 | 24.76x |
| 2025-09-24 | 24.88x |
| 2025-09-23 | 24.96x |
| 2025-09-22 | 25.22x |
| 2025-09-19 | 24.75x |
| 2025-09-18 | 25.04x |
| 2025-09-17 | 24.96x |
| 2025-09-16 | 24.74x |
| 2025-09-15 | 24.32x |
| 2025-09-12 | 24.35x |
| 2025-09-11 | 24.54x |
| 2025-09-10 | 24.39x |
| 2025-09-09 | 24.83x |
| 2025-09-08 | 24.94x |
| 2025-09-05 | 25.77x |
| 2025-09-04 | 25.97x |
| 2025-09-03 | 26.20x |
| 2025-09-02 | 26.17x |
| 2025-08-29 | 26.40x |
| 2025-08-28 | 26.56x |
| 2025-08-27 | 26.70x |
| 2025-08-26 | 26.63x |
| 2025-08-25 | 26.76x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
