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 22.39x is 17% above its estimated 5-year average of 19.06x, around the middle of its estimated 5-year range (10.48x–42.06x).
As of 2026-09-16T00:15:37.919Z. 37.30% below its estimated 12-month average of 35.71x.
Calculation as of: 2026-09-16T00:15:37.919Z.
Quote observation: 2026-09-15T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 5783652f6c0c07aece4502b990a0db2dc8b2acfce68a625aa66054740301ad62
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
22.39x
EV/EBIT RATIO AVG TTM
35.71x
EV/EBIT RATIO AVG 3Y
20.52x
EV/EBIT RATIO AVG 5Y
19.06x
EV/EBIT RATIO AVG 10Y
14.72x
EV/EBIT RATIO AVG 15Y
13.17x
EV/EBIT RATIO AVG 20Y
12.72x
CURRENT VS TTM AVG
-37.30%
CURRENT VS 3Y AVG
+9.13%
CURRENT VS 5Y AVG
+17.48%
CURRENT VS 10Y AVG
+52.15%
CURRENT VS 15Y AVG
+69.99%
CURRENT VS 20Y AVG
+76.08%
SECTOR MEDIAN · HEALTHCARE
21.58x
median of 77 covered companies
CURRENT VS SECTOR MEDIAN
+3.75%
vs the sector median at left
CVS Health Corp.
Market Cap
$120.56B
EV/EBIT Ratio
22.39x
TTM Avg
35.71x
3Y Avg
20.52x
5Y Avg
19.06x
Market Cap
$130.18B
EV/EBIT Ratio
11.84x
TTM Avg
11.20x
3Y Avg
14.80x
5Y Avg
17.76x
Market Cap
$130.62B
EV/EBIT Ratio
25.95x
TTM Avg
26.46x
3Y Avg
25.62x
5Y Avg
22.29x
Market Cap
$107.92B
EV/EBIT Ratio
20.99x
TTM Avg
26.69x
3Y Avg
29.95x
5Y Avg
29.70x
Market Cap
$133.24B
EV/EBIT Ratio
37.81x
TTM Avg
55.80x
3Y Avg
70.57x
5Y Avg
65.62x
Market Cap
$105.32B
EV/EBIT Ratio
16.81x
TTM Avg
20.79x
3Y Avg
20.07x
5Y Avg
18.35x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CVS Health Corp. (CVS) | $120.56B | 22.39x | 35.71x | 20.52x | 19.06x |
| Medtronic plc (MDT)vs › | $120.00B | 21.58x | 22.86x | 24.04x | 25.30x |
| Bristol-Myers Squibb Company (BMY)vs › | $130.18B | 11.84x | 11.20x | 14.80x | 17.76x |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $130.62B | 25.95x | 26.46x | 25.62x | 22.29x |
| Stryker Corporation (SYK)vs › | $107.92B | 20.99x | 26.69x | 29.95x | 29.70x |
| Intuitive Surgical, Inc. (ISRG)vs › | $133.24B | 37.81x | 55.80x | 70.57x | 65.62x |
| McKesson Corporation (MCK)vs › | $105.32B | 16.81x | 20.79x | 20.07x | 18.35x |
| Sanofi (SNY)vs › | $101.81B | 14.50x | 16.24x | 16.11x | 15.17x |
| GSK plc (GSK)vs › | $100.20B | 13.09x | 12.95x | 14.26x | 14.26x |
| Danaher Corporation (DHR)vs › | $147.13B | 33.03x | 30.68x | 33.06x | 29.58x |
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 | 22.49x |
| 2026-09-10 | 22.59x |
| 2026-09-09 | 22.60x |
| 2026-09-08 | 22.71x |
| 2026-09-04 | 22.82x |
| 2026-09-03 | 22.89x |
| 2026-09-02 | 22.89x |
| 2026-09-01 | 22.95x |
| 2026-08-31 | 22.38x |
| 2026-08-28 | 22.25x |
| 2026-08-27 | 22.22x |
| 2026-08-26 | 22.44x |
| 2026-08-25 | 22.22x |
| 2026-08-24 | 22.41x |
| 2026-08-21 | 22.24x |
| 2026-08-20 | 22.34x |
| 2026-08-19 | 22.34x |
| 2026-08-18 | 22.53x |
| 2026-08-17 | 22.39x |
| 2026-08-14 | 22.88x |
| 2026-08-13 | 22.54x |
| 2026-08-12 | 22.50x |
| 2026-08-11 | 22.31x |
| 2026-08-10 | 22.65x |
| 2026-08-07 | 22.65x |
| 2026-08-06 | 22.73x |
| 2026-08-05 | 32.78x |
| 2026-08-04 | 33.92x |
| 2026-08-03 | 34.12x |
| 2026-07-31 | 33.92x |
| 2026-07-30 | 34.09x |
| 2026-07-29 | 34.24x |
| 2026-07-28 | 34.97x |
| 2026-07-27 | 34.49x |
| 2026-07-24 | 34.63x |
| 2026-07-23 | 34.45x |
| 2026-07-22 | 34.70x |
| 2026-07-21 | 35.24x |
| 2026-07-20 | 34.60x |
| 2026-07-17 | 34.57x |
| 2026-07-16 | 34.36x |
| 2026-07-15 | 34.24x |
| 2026-07-14 | 34.30x |
| 2026-07-13 | 34.24x |
| 2026-07-10 | 33.86x |
| 2026-07-09 | 33.57x |
| 2026-07-08 | 33.93x |
| 2026-07-07 | 33.90x |
| 2026-07-06 | 33.42x |
| 2026-07-02 | 33.98x |
| 2026-07-01 | 34.00x |
| 2026-06-30 | 33.71x |
| 2026-06-29 | 33.74x |
| 2026-06-26 | 33.90x |
| 2026-06-25 | 33.97x |
| 2026-06-24 | 33.37x |
| 2026-06-23 | 33.31x |
| 2026-06-22 | 33.25x |
| 2026-06-18 | 32.61x |
| 2026-06-17 | 32.79x |
| 2026-06-16 | 33.13x |
| 2026-06-15 | 33.12x |
| 2026-06-12 | 33.39x |
| 2026-06-11 | 33.07x |
| 2026-06-10 | 32.55x |
| 2026-06-09 | 32.34x |
| 2026-06-08 | 32.34x |
| 2026-06-05 | 32.10x |
| 2026-06-04 | 31.86x |
| 2026-06-03 | 31.12x |
| 2026-06-02 | 30.72x |
| 2026-06-01 | 30.96x |
| 2026-05-29 | 31.04x |
| 2026-05-28 | 31.46x |
| 2026-05-27 | 31.27x |
| 2026-05-26 | 30.98x |
| 2026-05-22 | 31.53x |
| 2026-05-21 | 31.54x |
| 2026-05-20 | 31.53x |
| 2026-05-19 | 31.72x |
| 2026-05-18 | 32.11x |
| 2026-05-15 | 32.09x |
| 2026-05-14 | 32.36x |
| 2026-05-13 | 32.57x |
| 2026-05-12 | 31.93x |
| 2026-05-11 | 31.30x |
| 2026-05-08 | 30.94x |
| 2026-05-07 | 30.26x |
| 2026-05-06 | 42.06x |
| 2026-05-05 | 40.37x |
| 2026-05-04 | 40.73x |
| 2026-05-01 | 40.75x |
| 2026-04-30 | 41.08x |
| 2026-04-29 | 41.25x |
| 2026-04-28 | 40.45x |
| 2026-04-27 | 39.73x |
| 2026-04-24 | 39.62x |
| 2026-04-23 | 39.87x |
| 2026-04-22 | 39.20x |
| 2026-04-21 | 39.46x |
| 2026-04-20 | 39.24x |
| 2026-04-17 | 39.44x |
| 2026-04-16 | 39.30x |
| 2026-04-15 | 38.81x |
| 2026-04-14 | 39.53x |
| 2026-04-13 | 39.66x |
| 2026-04-10 | 40.00x |
| 2026-04-09 | 39.86x |
| 2026-04-08 | 39.85x |
| 2026-04-07 | 39.69x |
| 2026-04-06 | 38.34x |
| 2026-04-02 | 38.40x |
| 2026-04-01 | 38.12x |
| 2026-03-31 | 37.94x |
| 2026-03-30 | 37.48x |
| 2026-03-27 | 37.46x |
| 2026-03-26 | 37.76x |
| 2026-03-25 | 38.04x |
| 2026-03-24 | 38.21x |
| 2026-03-23 | 37.79x |
| 2026-03-20 | 37.85x |
| 2026-03-19 | 37.95x |
| 2026-03-18 | 38.27x |
| 2026-03-17 | 38.76x |
| 2026-03-16 | 39.04x |
| 2026-03-13 | 39.12x |
| 2026-03-12 | 39.10x |
| 2026-03-11 | 39.01x |
| 2026-03-10 | 39.17x |
| 2026-03-09 | 39.70x |
| 2026-03-06 | 39.61x |
| 2026-03-05 | 39.82x |
| 2026-03-04 | 40.34x |
| 2026-03-03 | 40.31x |
| 2026-03-02 | 40.64x |
| 2026-02-27 | 40.15x |
| 2026-02-26 | 39.64x |
| 2026-02-25 | 39.14x |
| 2026-02-24 | 38.59x |
| 2026-02-23 | 39.36x |
| 2026-02-20 | 39.27x |
| 2026-02-19 | 39.45x |
| 2026-02-18 | 39.56x |
| 2026-02-17 | 39.69x |
| 2026-02-13 | 39.76x |
| 2026-02-12 | 39.61x |
| 2026-02-11 | 39.36x |
| 2026-02-10 | 34.30x |
| 2026-02-09 | 34.34x |
| 2026-02-06 | 35.00x |
| 2026-02-05 | 34.48x |
| 2026-02-04 | 34.20x |
| 2026-02-03 | 34.61x |
| 2026-02-02 | 34.25x |
| 2026-01-30 | 34.02x |
| 2026-01-29 | 33.99x |
| 2026-01-28 | 33.89x |
| 2026-01-27 | 33.36x |
| 2026-01-26 | 36.43x |
| 2026-01-23 | 36.21x |
| 2026-01-22 | 36.12x |
| 2026-01-21 | 35.81x |
| 2026-01-20 | 35.45x |
| 2026-01-16 | 35.07x |
| 2026-01-15 | 35.78x |
| 2026-01-14 | 35.26x |
| 2026-01-13 | 35.61x |
| 2026-01-12 | 35.52x |
| 2026-01-09 | 35.51x |
| 2026-01-08 | 35.58x |
| 2026-01-07 | 35.38x |
| 2026-01-06 | 35.61x |
| 2026-01-05 | 35.54x |
| 2026-01-02 | 35.46x |
| 2025-12-31 | 35.26x |
| 2025-12-30 | 35.39x |
| 2025-12-29 | 35.44x |
| 2025-12-26 | 35.33x |
| 2025-12-24 | 35.20x |
| 2025-12-23 | 34.92x |
| 2025-12-22 | 35.01x |
| 2025-12-19 | 34.84x |
| 2025-12-18 | 34.86x |
| 2025-12-17 | 34.88x |
| 2025-12-16 | 34.99x |
| 2025-12-15 | 35.35x |
| 2025-12-12 | 35.28x |
| 2025-12-11 | 35.64x |
| 2025-12-10 | 35.16x |
| 2025-12-09 | 34.98x |
| 2025-12-08 | 34.53x |
| 2025-12-05 | 34.30x |
| 2025-12-04 | 34.59x |
| 2025-12-03 | 34.14x |
| 2025-12-02 | 34.82x |
| 2025-12-01 | 35.20x |
| 2025-11-28 | 35.52x |
| 2025-11-26 | 35.39x |
| 2025-11-25 | 35.04x |
| 2025-11-24 | 34.89x |
| 2025-11-21 | 34.92x |
| 2025-11-20 | 34.41x |
| 2025-11-19 | 34.54x |
| 2025-11-18 | 34.90x |
| 2025-11-17 | 35.02x |
| 2025-11-14 | 34.86x |
| 2025-11-13 | 35.23x |
| 2025-11-12 | 35.50x |
| 2025-11-11 | 35.40x |
| 2025-11-10 | 34.80x |
| 2025-11-07 | 35.17x |
| 2025-11-06 | 35.08x |
| 2025-11-05 | 35.06x |
| 2025-11-04 | 34.93x |
| 2025-11-03 | 35.03x |
| 2025-10-31 | 34.95x |
| 2025-10-30 | 34.58x |
| 2025-10-29 | 19.35x |
| 2025-10-28 | 19.58x |
| 2025-10-27 | 19.61x |
| 2025-10-24 | 19.54x |
| 2025-10-23 | 19.42x |
| 2025-10-22 | 19.55x |
| 2025-10-21 | 19.70x |
| 2025-10-20 | 19.62x |
| 2025-10-17 | 19.62x |
| 2025-10-16 | 19.46x |
| 2025-10-15 | 19.36x |
| 2025-10-14 | 19.22x |
| 2025-10-13 | 19.05x |
| 2025-10-10 | 18.97x |
| 2025-10-09 | 18.80x |
| 2025-10-08 | 18.83x |
| 2025-10-07 | 18.86x |
| 2025-10-06 | 18.82x |
| 2025-10-03 | 18.91x |
| 2025-10-02 | 18.91x |
| 2025-10-01 | 18.82x |
| 2025-09-30 | 18.61x |
| 2025-09-29 | 18.64x |
| 2025-09-26 | 18.67x |
| 2025-09-25 | 18.50x |
| 2025-09-24 | 18.75x |
| 2025-09-23 | 18.77x |
| 2025-09-22 | 18.58x |
| 2025-09-19 | 18.55x |
| 2025-09-18 | 18.48x |
| 2025-09-17 | 18.42x |
| 2025-09-16 | 18.34x |
| 2025-09-15 | 18.34x |
| 2025-09-12 | 18.56x |
| 2025-09-11 | 18.51x |
| 2025-09-10 | 18.41x |
| 2025-09-09 | 18.10x |
| 2025-09-08 | 17.89x |
| 2025-09-05 | 18.38x |
| 2025-09-04 | 18.37x |
| 2025-09-03 | 18.32x |
| 2025-09-02 | 18.43x |
| 2025-08-29 | 18.30x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
