Basis: Current FMP quote-based enterprise value / four-quarter operating income. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBIT ratio high or low?
The EV/EBIT ratio of 22.99x is 16% below its estimated 5-year average of 27.43x, near the low end of its estimated 5-year range (19.22x–39.14x).
As of 2026-09-25T20:15:35.138Z. 0.51% above its estimated 12-month average of 22.87x.
Calculation as of: 2026-09-25T20:15:35.138Z.
Quote observation: 2026-09-25T19:59:59.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 576c460ed125386d3443190c9da8c6343329d9bdfa82f7cd749e3ba06ba8fa37
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/EBIT RATIO
22.99x
EV/EBIT RATIO AVG TTM
22.87x
EV/EBIT RATIO AVG 3Y
24.27x
EV/EBIT RATIO AVG 5Y
27.43x
EV/EBIT RATIO AVG 10Y
22.52x
EV/EBIT RATIO AVG 15Y
21.00x
EV/EBIT RATIO AVG 20Y
19.33x
CURRENT VS TTM AVG
+0.51%
CURRENT VS 3Y AVG
-5.29%
CURRENT VS 5Y AVG
-16.18%
CURRENT VS 10Y AVG
+2.09%
CURRENT VS 15Y AVG
+9.48%
CURRENT VS 20Y AVG
+18.95%
SECTOR MEDIAN · INDUSTRIALS
22.59x
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+1.77%
vs the sector median at left
Canadian Pacific Kansas City Ltd.
Market Cap
$76.40B
EV/EBIT Ratio
22.99x
TTM Avg
22.87x
3Y Avg
24.27x
5Y Avg
27.43x
Market Cap
$78.86B
EV/EBIT Ratio
20.10x
TTM Avg
20.14x
3Y Avg
20.00x
5Y Avg
20.36x
Market Cap
$73.16B
EV/EBIT Ratio
18.58x
TTM Avg
17.53x
3Y Avg
17.85x
5Y Avg
18.58x
Market Cap
$79.81B
EV/EBIT Ratio
15.79x
TTM Avg
14.06x
3Y Avg
14.47x
5Y Avg
14.40x
Market Cap
$80.00B
EV/EBIT Ratio
31.62x
TTM Avg
31.95x
3Y Avg
35.60x
5Y Avg
33.38x
Market Cap
$72.50B
EV/EBIT Ratio
19.80x
TTM Avg
23.16x
3Y Avg
25.90x
5Y Avg
23.83x
Market Cap
$70.29B
EV/EBIT Ratio
21.64x
TTM Avg
20.72x
3Y Avg
21.27x
5Y Avg
19.32x
Market Cap
$82.67B
EV/EBIT Ratio
22.17x
TTM Avg
24.95x
3Y Avg
25.26x
5Y Avg
25.30x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian Pacific Kansas City Ltd. (CP) | $76.40B | 22.99x | 22.87x | 24.27x | 27.43x |
| Illinois Tool Works Inc. (ITW)vs › | $78.86B | 20.10x | 20.14x | 20.00x | 20.36x |
| Canadian National Railway Company (CNI)vs › | $73.16B | 18.58x | 17.53x | 17.85x | 18.58x |
| United Parcel Service, Inc. (UPS)vs › | $79.81B | 15.79x | 14.06x | 14.47x | 14.40x |
| Cintas Corporation (CTAS)vs › | $80.00B | 31.62x | 31.95x | 35.60x | 33.38x |
| Northrop Grumman Corporation (NOC)vs › | $72.50B | 19.80x | 23.16x | 25.90x | 23.83x |
| Cummins Inc. (CMI)vs › | $72.47B | 20.08x | 21.27x | 20.65x | 17.51x |
| Norfolk Southern Corporation (NSC)vs › | $70.29B | 21.64x | 20.72x | 21.27x | 19.32x |
| Waste Management, Inc. (WM)vs › | $82.67B | 22.17x | 24.95x | 25.26x | 25.30x |
| Bloom Energy Corporation (BE)vs › | $85.00B | 243.41x | 305.79x | 229.04x | 229.04x |
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-09-11 | 23.67x |
| 2026-09-10 | 23.59x |
| 2026-09-09 | 23.85x |
| 2026-09-08 | 24.08x |
| 2026-09-04 | 24.19x |
| 2026-09-03 | 24.12x |
| 2026-09-02 | 23.74x |
| 2026-09-01 | 23.61x |
| 2026-08-31 | 24.42x |
| 2026-08-28 | 24.73x |
| 2026-08-27 | 24.68x |
| 2026-08-26 | 24.86x |
| 2026-08-25 | 24.78x |
| 2026-08-24 | 24.86x |
| 2026-08-21 | 25.29x |
| 2026-08-20 | 24.89x |
| 2026-08-19 | 24.80x |
| 2026-08-18 | 24.64x |
| 2026-08-17 | 24.69x |
| 2026-08-14 | 24.60x |
| 2026-08-13 | 24.69x |
| 2026-08-12 | 24.42x |
| 2026-08-11 | 24.26x |
| 2026-08-10 | 23.95x |
| 2026-08-07 | 24.19x |
| 2026-08-06 | 23.89x |
| 2026-08-05 | 24.15x |
| 2026-08-04 | 23.98x |
| 2026-08-03 | 23.98x |
| 2026-07-31 | 23.60x |
| 2026-07-30 | 23.44x |
| 2026-07-29 | 24.58x |
| 2026-07-28 | 24.68x |
| 2026-07-27 | 24.61x |
| 2026-07-24 | 24.82x |
| 2026-07-23 | 24.81x |
| 2026-07-22 | 24.59x |
| 2026-07-21 | 24.56x |
| 2026-07-20 | 24.67x |
| 2026-07-17 | 25.12x |
| 2026-07-16 | 24.95x |
| 2026-07-15 | 24.40x |
| 2026-07-14 | 24.60x |
| 2026-07-13 | 24.60x |
| 2026-07-10 | 24.32x |
| 2026-07-09 | 24.37x |
| 2026-07-08 | 24.16x |
| 2026-07-07 | 24.01x |
| 2026-07-06 | 23.85x |
| 2026-07-02 | 23.81x |
| 2026-07-01 | 23.39x |
| 2026-06-30 | 23.55x |
| 2026-06-29 | 23.61x |
| 2026-06-26 | 23.79x |
| 2026-06-25 | 23.64x |
| 2026-06-24 | 23.14x |
| 2026-06-23 | 23.25x |
| 2026-06-22 | 23.33x |
| 2026-06-18 | 23.41x |
| 2026-06-17 | 23.32x |
| 2026-06-16 | 24.11x |
| 2026-06-15 | 24.14x |
| 2026-06-12 | 24.32x |
| 2026-06-11 | 24.14x |
| 2026-06-10 | 24.21x |
| 2026-06-09 | 24.34x |
| 2026-06-08 | 24.31x |
| 2026-06-05 | 24.28x |
| 2026-06-04 | 24.19x |
| 2026-06-03 | 24.10x |
| 2026-06-02 | 24.33x |
| 2026-06-01 | 24.00x |
| 2026-05-29 | 24.15x |
| 2026-05-28 | 24.43x |
| 2026-05-27 | 24.58x |
| 2026-05-26 | 24.10x |
| 2026-05-22 | 23.47x |
| 2026-05-21 | 23.57x |
| 2026-05-20 | 23.48x |
| 2026-05-19 | 23.44x |
| 2026-05-18 | 23.46x |
| 2026-05-15 | 23.20x |
| 2026-05-14 | 23.61x |
| 2026-05-13 | 23.33x |
| 2026-05-12 | 23.37x |
| 2026-05-11 | 23.13x |
| 2026-05-08 | 23.42x |
| 2026-05-07 | 23.23x |
| 2026-05-06 | 23.40x |
| 2026-05-05 | 22.85x |
| 2026-05-04 | 22.77x |
| 2026-05-01 | 23.46x |
| 2026-04-30 | 23.62x |
| 2026-04-29 | 23.02x |
| 2026-04-28 | 23.57x |
| 2026-04-27 | 23.71x |
| 2026-04-24 | 23.61x |
| 2026-04-23 | 23.45x |
| 2026-04-22 | 22.58x |
| 2026-04-21 | 22.63x |
| 2026-04-20 | 22.45x |
| 2026-04-17 | 22.40x |
| 2026-04-16 | 22.10x |
| 2026-04-15 | 22.30x |
| 2026-04-14 | 22.56x |
| 2026-04-13 | 22.39x |
| 2026-04-10 | 22.22x |
| 2026-04-09 | 22.34x |
| 2026-04-08 | 22.44x |
| 2026-04-07 | 22.09x |
| 2026-04-06 | 21.96x |
| 2026-04-02 | 21.84x |
| 2026-04-01 | 21.63x |
| 2026-03-31 | 21.66x |
| 2026-03-30 | 21.41x |
| 2026-03-27 | 21.57x |
| 2026-03-26 | 21.76x |
| 2026-03-25 | 21.98x |
| 2026-03-24 | 21.79x |
| 2026-03-23 | 21.84x |
| 2026-03-20 | 21.57x |
| 2026-03-19 | 21.62x |
| 2026-03-18 | 21.95x |
| 2026-03-17 | 22.09x |
| 2026-03-16 | 22.40x |
| 2026-03-13 | 22.26x |
| 2026-03-12 | 22.22x |
| 2026-03-11 | 22.65x |
| 2026-03-10 | 22.84x |
| 2026-03-09 | 22.83x |
| 2026-03-06 | 22.62x |
| 2026-03-05 | 23.13x |
| 2026-03-04 | 23.48x |
| 2026-03-03 | 23.69x |
| 2026-03-02 | 24.05x |
| 2026-02-27 | 23.65x |
| 2026-02-26 | 23.55x |
| 2026-02-25 | 23.25x |
| 2026-02-24 | 23.36x |
| 2026-02-23 | 23.02x |
| 2026-02-20 | 23.10x |
| 2026-02-19 | 23.01x |
| 2026-02-18 | 22.79x |
| 2026-02-17 | 22.83x |
| 2026-02-13 | 22.80x |
| 2026-02-12 | 22.79x |
| 2026-02-11 | 22.81x |
| 2026-02-10 | 22.65x |
| 2026-02-09 | 22.21x |
| 2026-02-06 | 22.05x |
| 2026-02-05 | 21.76x |
| 2026-02-04 | 21.86x |
| 2026-02-03 | 21.21x |
| 2026-02-02 | 20.86x |
| 2026-01-30 | 20.70x |
| 2026-01-29 | 21.04x |
| 2026-01-28 | 20.13x |
| 2026-01-27 | 20.35x |
| 2026-01-26 | 20.30x |
| 2026-01-23 | 20.37x |
| 2026-01-22 | 20.27x |
| 2026-01-21 | 20.18x |
| 2026-01-20 | 19.78x |
| 2026-01-16 | 20.30x |
| 2026-01-15 | 20.27x |
| 2026-01-14 | 20.20x |
| 2026-01-13 | 19.88x |
| 2026-01-12 | 20.10x |
| 2026-01-09 | 20.08x |
| 2026-01-08 | 20.23x |
| 2026-01-07 | 19.84x |
| 2026-01-06 | 20.51x |
| 2026-01-05 | 20.34x |
| 2026-01-02 | 20.73x |
| 2025-12-31 | 22.97x |
| 2025-12-30 | 23.12x |
| 2025-12-29 | 23.23x |
| 2025-12-26 | 23.23x |
| 2025-12-24 | 23.19x |
| 2025-12-23 | 23.16x |
| 2025-12-22 | 23.17x |
| 2025-12-19 | 23.10x |
| 2025-12-18 | 23.11x |
| 2025-12-17 | 22.95x |
| 2025-12-16 | 22.91x |
| 2025-12-15 | 23.15x |
| 2025-12-12 | 23.33x |
| 2025-12-11 | 23.34x |
| 2025-12-10 | 23.27x |
| 2025-12-09 | 22.84x |
| 2025-12-08 | 23.08x |
| 2025-12-05 | 23.00x |
| 2025-12-04 | 23.05x |
| 2025-12-03 | 23.04x |
| 2025-12-02 | 22.57x |
| 2025-12-01 | 22.68x |
| 2025-11-28 | 22.73x |
| 2025-11-26 | 22.62x |
| 2025-11-25 | 22.49x |
| 2025-11-24 | 22.13x |
| 2025-11-21 | 22.14x |
| 2025-11-20 | 21.87x |
| 2025-11-19 | 21.98x |
| 2025-11-18 | 22.02x |
| 2025-11-17 | 22.21x |
| 2025-11-14 | 22.29x |
| 2025-11-13 | 22.40x |
| 2025-11-12 | 22.69x |
| 2025-11-11 | 22.46x |
| 2025-11-10 | 22.36x |
| 2025-11-07 | 22.34x |
| 2025-11-06 | 21.88x |
| 2025-11-05 | 22.21x |
| 2025-11-04 | 22.28x |
| 2025-11-03 | 22.29x |
| 2025-10-31 | 22.58x |
| 2025-10-30 | 22.74x |
| 2025-10-29 | 21.53x |
| 2025-10-28 | 21.82x |
| 2025-10-27 | 21.84x |
| 2025-10-24 | 22.09x |
| 2025-10-23 | 22.20x |
| 2025-10-22 | 22.33x |
| 2025-10-21 | 22.12x |
| 2025-10-20 | 22.34x |
| 2025-10-17 | 22.33x |
| 2025-10-16 | 22.08x |
| 2025-10-15 | 22.39x |
| 2025-10-14 | 22.25x |
| 2025-10-13 | 22.23x |
| 2025-10-10 | 21.95x |
| 2025-10-09 | 22.15x |
| 2025-10-08 | 22.61x |
| 2025-10-07 | 22.62x |
| 2025-10-06 | 22.53x |
| 2025-10-03 | 22.59x |
| 2025-10-02 | 22.18x |
| 2025-10-01 | 21.93x |
| 2025-09-30 | 21.85x |
| 2025-09-29 | 21.60x |
| 2025-09-26 | 21.62x |
| 2025-09-25 | 21.78x |
| 2025-09-24 | 21.75x |
| 2025-09-23 | 21.76x |
| 2025-09-22 | 21.88x |
| 2025-09-19 | 22.12x |
| 2025-09-18 | 22.12x |
| 2025-09-17 | 22.04x |
| 2025-09-16 | 22.23x |
| 2025-09-15 | 22.19x |
| 2025-09-12 | 21.99x |
| 2025-09-11 | 22.14x |
| 2025-09-10 | 21.85x |
| 2025-09-09 | 21.91x |
| 2025-09-08 | 22.25x |
| 2025-09-05 | 22.36x |
| 2025-09-04 | 22.39x |
| 2025-09-03 | 22.37x |
| 2025-09-02 | 22.31x |
| 2025-08-29 | 22.25x |
Showing the most recent 260 of 4,781 data points. The chart above shows the full history.
