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 19.61x is 58% above its 5-year average of 12.39x, near the high end of its 5-year range (8.20x–20.74x).
As of Saturday, July 25, 2026. 15.75% above its 12-month average of 16.94x.
EV/EBITDA RATIO
19.61x
EV/EBITDA RATIO AVG TTM
16.94x
EV/EBITDA RATIO AVG 3Y
12.58x
EV/EBITDA RATIO AVG 5Y
12.39x
EV/EBITDA RATIO AVG 10Y
10.55x
EV/EBITDA RATIO AVG 15Y
10.11x
EV/EBITDA RATIO AVG 20Y
9.91x
CURRENT VS TTM AVG
+15.75%
CURRENT VS 3Y AVG
+55.92%
CURRENT VS 5Y AVG
+58.25%
CURRENT VS 10Y AVG
+85.94%
CURRENT VS 15Y AVG
+93.93%
CURRENT VS 20Y AVG
+97.82%
SECTOR MEDIAN · HEALTHCARE
16.59x
median of 72 covered companies
CURRENT VS SECTOR MEDIAN
+18.17%
vs the sector median at left
CVS Health Corp.
Market Cap
$137.47B
EV/EBITDA Ratio
19.61x
TTM Avg
16.94x
3Y Avg
12.58x
5Y Avg
12.39x
Market Cap
$134.62B
EV/EBITDA Ratio
24.02x
TTM Avg
21.17x
3Y Avg
23.17x
5Y Avg
21.68x
Market Cap
$126.79B
EV/EBITDA Ratio
10.28x
TTM Avg
8.33x
3Y Avg
8.09x
5Y Avg
8.78x
Market Cap
$126.60B
EV/EBITDA Ratio
21.09x
TTM Avg
22.65x
3Y Avg
24.67x
5Y Avg
24.09x
Market Cap
$121.16B
EV/EBITDA Ratio
23.81x
TTM Avg
25.04x
3Y Avg
24.07x
5Y Avg
21.12x
Market Cap
$119.53B
EV/EBITDA Ratio
27.94x
TTM Avg
48.81x
3Y Avg
58.69x
5Y Avg
54.91x
Market Cap
$160.55B
EV/EBITDA Ratio
12.51x
TTM Avg
13.95x
3Y Avg
18.46x
5Y Avg
15.54x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CVS Health Corp. (CVS) | $137.47B | 19.61x | 16.94x | 12.58x | 12.39x |
| Pfizer Inc. (PFE)vs › | $139.86B | 9.68x | 8.94x | 13.03x | 11.94x |
| Danaher Corporation (DHR)vs › | $134.62B | 24.02x | 21.17x | 23.17x | 21.68x |
| Bristol-Myers Squibb Company (BMY)vs › | $126.79B | 10.28x | 8.33x | 8.09x | 8.78x |
| Stryker Corporation (SYK)vs › | $126.60B | 21.09x | 22.65x | 24.67x | 24.09x |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $121.16B | 23.81x | 25.04x | 24.07x | 21.12x |
| Intuitive Surgical, Inc. (ISRG)vs › | $119.53B | 27.94x | 48.81x | 58.69x | 54.91x |
| Gilead Sciences, Inc. (GILD)vs › | $160.55B | 12.51x | 13.95x | 18.46x | 15.54x |
| Medtronic plc (MDT)vs › | $106.51B | 14.27x | 15.72x | 16.27x | 17.35x |
| GSK plc (GSK)vs › | $103.60B | 8.47x | 8.12x | 9.34x | 9.47x |
At 19.6, EV/EBITDA is richer than usual, sitting higher than 99% of its 20-year history.
20-year low
6.2
median
9.9
20-year high
20.7
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 |
|---|---|
| 2026-07-24 | 19.61x |
| 2026-07-23 | 19.51x |
| 2026-07-22 | 19.66x |
| 2026-07-21 | 19.96x |
| 2026-07-20 | 19.60x |
| 2026-07-17 | 19.58x |
| 2026-07-16 | 19.46x |
| 2026-07-15 | 19.39x |
| 2026-07-14 | 19.43x |
| 2026-07-13 | 19.39x |
| 2026-07-10 | 19.18x |
| 2026-07-09 | 19.02x |
| 2026-07-08 | 19.22x |
| 2026-07-07 | 19.20x |
| 2026-07-06 | 18.93x |
| 2026-07-02 | 19.25x |
| 2026-07-01 | 19.26x |
| 2026-06-30 | 19.09x |
| 2026-06-29 | 19.11x |
| 2026-06-26 | 19.20x |
| 2026-06-25 | 19.24x |
| 2026-06-24 | 18.90x |
| 2026-06-23 | 18.87x |
| 2026-06-22 | 18.83x |
| 2026-06-18 | 18.47x |
| 2026-06-17 | 18.57x |
| 2026-06-16 | 18.76x |
| 2026-06-15 | 18.76x |
| 2026-06-12 | 18.91x |
| 2026-06-11 | 18.73x |
| 2026-06-10 | 18.43x |
| 2026-06-09 | 18.32x |
| 2026-06-08 | 18.32x |
| 2026-06-05 | 18.18x |
| 2026-06-04 | 18.05x |
| 2026-06-03 | 17.63x |
| 2026-06-02 | 17.40x |
| 2026-06-01 | 17.54x |
| 2026-05-29 | 17.58x |
| 2026-05-28 | 17.82x |
| 2026-05-27 | 17.71x |
| 2026-05-26 | 17.55x |
| 2026-05-22 | 17.86x |
| 2026-05-21 | 17.86x |
| 2026-05-20 | 17.86x |
| 2026-05-19 | 17.97x |
| 2026-05-18 | 18.19x |
| 2026-05-15 | 18.18x |
| 2026-05-14 | 18.33x |
| 2026-05-13 | 18.45x |
| 2026-05-12 | 18.09x |
| 2026-05-11 | 17.73x |
| 2026-05-08 | 17.53x |
| 2026-05-07 | 17.14x |
| 2026-05-06 | 17.08x |
| 2026-05-05 | 20.30x |
| 2026-05-04 | 20.48x |
| 2026-05-01 | 20.50x |
| 2026-04-30 | 20.66x |
| 2026-04-29 | 20.74x |
| 2026-04-28 | 20.34x |
| 2026-04-27 | 19.98x |
| 2026-04-24 | 19.92x |
| 2026-04-23 | 20.05x |
| 2026-04-22 | 19.72x |
| 2026-04-21 | 19.84x |
| 2026-04-20 | 19.74x |
| 2026-04-17 | 19.84x |
| 2026-04-16 | 19.76x |
| 2026-04-15 | 19.52x |
| 2026-04-14 | 19.88x |
| 2026-04-13 | 19.94x |
| 2026-04-10 | 20.11x |
| 2026-04-09 | 20.05x |
| 2026-04-08 | 20.04x |
| 2026-04-07 | 19.96x |
| 2026-04-06 | 19.28x |
| 2026-04-02 | 19.31x |
| 2026-04-01 | 19.17x |
| 2026-03-31 | 19.08x |
| 2026-03-30 | 18.85x |
| 2026-03-27 | 18.84x |
| 2026-03-26 | 18.99x |
| 2026-03-25 | 19.13x |
| 2026-03-24 | 19.22x |
| 2026-03-23 | 19.01x |
| 2026-03-20 | 19.03x |
| 2026-03-19 | 19.09x |
| 2026-03-18 | 19.25x |
| 2026-03-17 | 19.49x |
| 2026-03-16 | 19.63x |
| 2026-03-13 | 19.67x |
| 2026-03-12 | 19.67x |
| 2026-03-11 | 19.62x |
| 2026-03-10 | 19.70x |
| 2026-03-09 | 19.97x |
| 2026-03-06 | 19.92x |
| 2026-03-05 | 20.03x |
| 2026-03-04 | 20.29x |
| 2026-03-03 | 20.27x |
| 2026-03-02 | 20.44x |
| 2026-02-27 | 20.19x |
| 2026-02-26 | 19.93x |
| 2026-02-25 | 19.68x |
| 2026-02-24 | 19.41x |
| 2026-02-23 | 19.79x |
| 2026-02-20 | 19.75x |
| 2026-02-19 | 19.84x |
| 2026-02-18 | 19.90x |
| 2026-02-17 | 19.96x |
| 2026-02-13 | 20.00x |
| 2026-02-12 | 19.92x |
| 2026-02-11 | 19.80x |
| 2026-02-10 | 19.60x |
| 2026-02-09 | 17.73x |
| 2026-02-06 | 18.07x |
| 2026-02-05 | 17.80x |
| 2026-02-04 | 17.66x |
| 2026-02-03 | 17.87x |
| 2026-02-02 | 17.68x |
| 2026-01-30 | 17.56x |
| 2026-01-29 | 17.55x |
| 2026-01-28 | 17.50x |
| 2026-01-27 | 17.23x |
| 2026-01-26 | 18.81x |
| 2026-01-23 | 18.69x |
| 2026-01-22 | 18.65x |
| 2026-01-21 | 18.49x |
| 2026-01-20 | 18.30x |
| 2026-01-16 | 18.11x |
| 2026-01-15 | 18.47x |
| 2026-01-14 | 18.20x |
| 2026-01-13 | 18.38x |
| 2026-01-12 | 18.34x |
| 2026-01-09 | 18.33x |
| 2026-01-08 | 18.37x |
| 2026-01-07 | 18.26x |
| 2026-01-06 | 18.39x |
| 2026-01-05 | 18.35x |
| 2026-01-02 | 18.31x |
| 2025-12-31 | 18.21x |
| 2025-12-30 | 18.27x |
| 2025-12-29 | 18.29x |
| 2025-12-26 | 18.24x |
| 2025-12-24 | 18.17x |
| 2025-12-23 | 18.03x |
| 2025-12-22 | 18.07x |
| 2025-12-19 | 17.99x |
| 2025-12-18 | 18.00x |
| 2025-12-17 | 18.01x |
| 2025-12-16 | 18.06x |
| 2025-12-15 | 18.25x |
| 2025-12-12 | 18.21x |
| 2025-12-11 | 18.40x |
| 2025-12-10 | 18.15x |
| 2025-12-09 | 18.06x |
| 2025-12-08 | 17.83x |
| 2025-12-05 | 17.71x |
| 2025-12-04 | 17.86x |
| 2025-12-03 | 17.63x |
| 2025-12-02 | 17.97x |
| 2025-12-01 | 18.17x |
| 2025-11-28 | 18.34x |
| 2025-11-26 | 18.27x |
| 2025-11-25 | 18.09x |
| 2025-11-24 | 18.01x |
| 2025-11-21 | 18.03x |
| 2025-11-20 | 17.76x |
| 2025-11-19 | 17.83x |
| 2025-11-18 | 18.02x |
| 2025-11-17 | 18.08x |
| 2025-11-14 | 18.00x |
| 2025-11-13 | 18.19x |
| 2025-11-12 | 18.33x |
| 2025-11-11 | 18.27x |
| 2025-11-10 | 17.96x |
| 2025-11-07 | 18.16x |
| 2025-11-06 | 18.11x |
| 2025-11-05 | 18.10x |
| 2025-11-04 | 18.04x |
| 2025-11-03 | 18.08x |
| 2025-10-31 | 18.05x |
| 2025-10-30 | 17.85x |
| 2025-10-29 | 18.37x |
| 2025-10-28 | 12.90x |
| 2025-10-27 | 12.93x |
| 2025-10-24 | 12.88x |
| 2025-10-23 | 12.80x |
| 2025-10-22 | 12.89x |
| 2025-10-21 | 12.98x |
| 2025-10-20 | 12.93x |
| 2025-10-17 | 12.93x |
| 2025-10-16 | 12.83x |
| 2025-10-15 | 12.76x |
| 2025-10-14 | 12.67x |
| 2025-10-13 | 12.55x |
| 2025-10-10 | 12.50x |
| 2025-10-09 | 12.39x |
| 2025-10-08 | 12.41x |
| 2025-10-07 | 12.43x |
| 2025-10-06 | 12.40x |
| 2025-10-03 | 12.46x |
| 2025-10-02 | 12.46x |
| 2025-10-01 | 12.41x |
| 2025-09-30 | 12.27x |
| 2025-09-29 | 12.28x |
| 2025-09-26 | 12.30x |
| 2025-09-25 | 12.19x |
| 2025-09-24 | 12.36x |
| 2025-09-23 | 12.37x |
| 2025-09-22 | 12.24x |
| 2025-09-19 | 12.22x |
| 2025-09-18 | 12.18x |
| 2025-09-17 | 12.14x |
| 2025-09-16 | 12.09x |
| 2025-09-15 | 12.09x |
| 2025-09-12 | 12.23x |
| 2025-09-11 | 12.20x |
| 2025-09-10 | 12.13x |
| 2025-09-09 | 11.93x |
| 2025-09-08 | 11.79x |
| 2025-09-05 | 12.12x |
| 2025-09-04 | 12.11x |
| 2025-09-03 | 12.07x |
| 2025-09-02 | 12.15x |
| 2025-08-29 | 12.06x |
| 2025-08-28 | 11.96x |
| 2025-08-27 | 11.94x |
| 2025-08-26 | 11.91x |
| 2025-08-25 | 11.88x |
| 2025-08-22 | 11.88x |
| 2025-08-21 | 11.90x |
| 2025-08-20 | 11.84x |
| 2025-08-19 | 11.85x |
| 2025-08-18 | 11.78x |
| 2025-08-15 | 11.63x |
| 2025-08-14 | 11.46x |
| 2025-08-13 | 11.38x |
| 2025-08-12 | 11.34x |
| 2025-08-11 | 11.28x |
| 2025-08-08 | 11.35x |
| 2025-08-07 | 11.16x |
| 2025-08-06 | 11.16x |
| 2025-08-05 | 11.15x |
| 2025-08-04 | 10.96x |
| 2025-08-01 | 11.06x |
| 2025-07-31 | 11.02x |
| 2025-07-30 | 10.53x |
| 2025-07-29 | 10.33x |
| 2025-07-28 | 10.30x |
| 2025-07-25 | 10.39x |
| 2025-07-24 | 10.22x |
| 2025-07-23 | 10.49x |
| 2025-07-22 | 10.42x |
| 2025-07-21 | 10.47x |
| 2025-07-18 | 10.50x |
| 2025-07-17 | 10.62x |
| 2025-07-16 | 10.66x |
| 2025-07-15 | 10.68x |
| 2025-07-14 | 10.71x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
