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 7.85x is in line with its estimated 5-year average of 7.41x, near the low end of its estimated 5-year range (5.07x–19.59x).
As of 2026-09-12T00:15:27.112Z. 14.51% above its estimated 12-month average of 6.86x.
Calculation as of: 2026-09-12T00:15:27.112Z.
Quote observation: 2026-09-11T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: be37ad59c4f9d363c8c0737c0f94bd4b4f95d46e04fb37d68358ba0af9865572
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 2026-09-10.
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
7.85x
EV/EBITDA RATIO AVG TTM
6.86x
EV/EBITDA RATIO AVG 3Y
6.55x
EV/EBITDA RATIO AVG 5Y
7.41x
EV/EBITDA RATIO AVG 10Y
6.49x
EV/EBITDA RATIO AVG 15Y
6.58x
EV/EBITDA RATIO AVG 20Y
6.17x
CURRENT VS TTM AVG
+14.51%
CURRENT VS 3Y AVG
+19.93%
CURRENT VS 5Y AVG
+5.88%
CURRENT VS 10Y AVG
+20.96%
CURRENT VS 15Y AVG
+19.25%
CURRENT VS 20Y AVG
+27.26%
SECTOR MEDIAN · INDUSTRIALS
17.00x
median of 127 covered companies
CURRENT VS SECTOR MEDIAN
-53.82%
vs the sector median at left
Delta Air Lines, Inc.
Market Cap
$52.55B
EV/EBITDA Ratio
7.85x
TTM Avg
6.86x
3Y Avg
6.55x
5Y Avg
7.41x
Market Cap
$56.59B
EV/EBITDA Ratio
29.07x
TTM Avg
28.33x
3Y Avg
26.05x
5Y Avg
23.99x
Market Cap
$47.84B
EV/EBITDA Ratio
21.76x
TTM Avg
20.27x
3Y Avg
18.01x
5Y Avg
17.02x
Market Cap
$47.67B
EV/EBITDA Ratio
22.37x
TTM Avg
25.94x
3Y Avg
22.68x
5Y Avg
23.03x
Market Cap
$47.37B
EV/EBITDA Ratio
20.55x
TTM Avg
19.68x
3Y Avg
20.97x
5Y Avg
17.25x
Market Cap
$45.72B
EV/EBITDA Ratio
15.80x
TTM Avg
19.51x
3Y Avg
17.80x
5Y Avg
17.44x
Market Cap
$59.51B
EV/EBITDA Ratio
28.84x
TTM Avg
31.62x
3Y Avg
22.96x
5Y Avg
19.73x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Delta Air Lines, Inc. (DAL) | $52.55B | 7.85x | 6.86x | 6.55x | 7.41x |
| Honeywell Aerospace Inc (HONA)vs › | $50.16B | N/A | N/A | N/A | N/A |
| AMETEK, Inc. (AME)vs › | $55.44B | 23.14x | 23.01x | 21.13x | 20.62x |
| Fastenal Company (FAST)vs › | $56.59B | 29.07x | 28.33x | 26.05x | 23.99x |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $47.84B | 21.76x | 20.27x | 18.01x | 17.02x |
| Rockwell Automation, Inc. (ROK)vs › | $47.67B | 22.37x | 25.94x | 22.68x | 23.03x |
| Carrier Global Corporation (CARR)vs › | $47.37B | 20.55x | 19.68x | 20.97x | 17.25x |
| L3Harris Technologies, Inc. (LHX)vs › | $45.72B | 15.80x | 19.51x | 17.80x | 17.44x |
| Comfort Systems USA, Inc. (FIX)vs › | $59.51B | 28.84x | 31.62x | 22.96x | 19.73x |
| HEICO Corporation (HEI-A)vs › | $45.31B | 32.56x | 29.18x | 29.70x | 30.61x |
At 7.8, EV/EBITDA is above its estimated 19-year median — higher than 76% of readings in its estimated 19-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 19-year low
2.4
median
6.0
estimated 19-year high
54.0
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 |
|---|---|
| 2026-09-10 | 7.72x |
| 2026-09-09 | 7.75x |
| 2026-09-08 | 7.77x |
| 2026-09-04 | 7.86x |
| 2026-09-03 | 7.75x |
| 2026-09-02 | 7.71x |
| 2026-09-01 | 7.57x |
| 2026-08-31 | 7.70x |
| 2026-08-28 | 7.85x |
| 2026-08-27 | 7.94x |
| 2026-08-26 | 8.08x |
| 2026-08-25 | 8.12x |
| 2026-08-24 | 8.04x |
| 2026-08-21 | 8.03x |
| 2026-08-20 | 7.93x |
| 2026-08-19 | 8.10x |
| 2026-08-18 | 8.28x |
| 2026-08-17 | 8.43x |
| 2026-08-14 | 8.56x |
| 2026-08-13 | 8.71x |
| 2026-08-12 | 8.60x |
| 2026-08-11 | 8.64x |
| 2026-08-10 | 8.55x |
| 2026-08-07 | 8.71x |
| 2026-08-06 | 8.76x |
| 2026-08-05 | 8.85x |
| 2026-08-04 | 8.82x |
| 2026-08-03 | 8.73x |
| 2026-07-31 | 8.41x |
| 2026-07-30 | 8.50x |
| 2026-07-29 | 8.32x |
| 2026-07-28 | 8.56x |
| 2026-07-27 | 8.36x |
| 2026-07-24 | 8.23x |
| 2026-07-23 | 8.00x |
| 2026-07-22 | 8.12x |
| 2026-07-21 | 8.20x |
| 2026-07-20 | 8.19x |
| 2026-07-17 | 8.17x |
| 2026-07-16 | 8.36x |
| 2026-07-15 | 8.30x |
| 2026-07-14 | 8.27x |
| 2026-07-13 | 8.32x |
| 2026-07-10 | 7.48x |
| 2026-07-09 | 7.60x |
| 2026-07-08 | 7.48x |
| 2026-07-07 | 7.57x |
| 2026-07-06 | 7.80x |
| 2026-07-02 | 7.88x |
| 2026-07-01 | 7.90x |
| 2026-06-30 | 7.95x |
| 2026-06-29 | 7.91x |
| 2026-06-26 | 7.87x |
| 2026-06-25 | 7.83x |
| 2026-06-24 | 7.72x |
| 2026-06-23 | 7.43x |
| 2026-06-22 | 7.37x |
| 2026-06-18 | 7.25x |
| 2026-06-17 | 7.10x |
| 2026-06-16 | 7.17x |
| 2026-06-15 | 7.24x |
| 2026-06-12 | 7.16x |
| 2026-06-11 | 7.07x |
| 2026-06-10 | 6.68x |
| 2026-06-09 | 7.02x |
| 2026-06-08 | 6.81x |
| 2026-06-05 | 6.89x |
| 2026-06-04 | 6.90x |
| 2026-06-03 | 6.85x |
| 2026-06-02 | 6.94x |
| 2026-06-01 | 7.05x |
| 2026-05-29 | 7.12x |
| 2026-05-28 | 7.12x |
| 2026-05-27 | 7.07x |
| 2026-05-26 | 6.89x |
| 2026-05-22 | 6.65x |
| 2026-05-21 | 6.62x |
| 2026-05-20 | 6.50x |
| 2026-05-19 | 6.03x |
| 2026-05-18 | 6.22x |
| 2026-05-15 | 6.22x |
| 2026-05-14 | 6.31x |
| 2026-05-13 | 6.28x |
| 2026-05-12 | 6.25x |
| 2026-05-11 | 6.29x |
| 2026-05-08 | 6.44x |
| 2026-05-07 | 6.43x |
| 2026-05-06 | 6.44x |
| 2026-05-05 | 6.26x |
| 2026-05-04 | 6.09x |
| 2026-05-01 | 6.12x |
| 2026-04-30 | 6.05x |
| 2026-04-29 | 5.92x |
| 2026-04-28 | 5.99x |
| 2026-04-27 | 6.07x |
| 2026-04-24 | 6.08x |
| 2026-04-23 | 6.08x |
| 2026-04-22 | 6.08x |
| 2026-04-21 | 6.22x |
| 2026-04-20 | 6.29x |
| 2026-04-17 | 6.33x |
| 2026-04-16 | 6.19x |
| 2026-04-15 | 6.35x |
| 2026-04-14 | 6.32x |
| 2026-04-13 | 5.98x |
| 2026-04-10 | 6.04x |
| 2026-04-09 | 6.04x |
| 2026-04-08 | 6.92x |
| 2026-04-07 | 6.74x |
| 2026-04-06 | 6.83x |
| 2026-04-02 | 6.83x |
| 2026-04-01 | 6.89x |
| 2026-03-31 | 6.81x |
| 2026-03-30 | 6.56x |
| 2026-03-27 | 6.68x |
| 2026-03-26 | 6.83x |
| 2026-03-25 | 6.92x |
| 2026-03-24 | 6.82x |
| 2026-03-23 | 6.71x |
| 2026-03-20 | 6.58x |
| 2026-03-19 | 6.70x |
| 2026-03-18 | 6.61x |
| 2026-03-17 | 6.68x |
| 2026-03-16 | 6.39x |
| 2026-03-13 | 6.24x |
| 2026-03-12 | 6.17x |
| 2026-03-11 | 6.26x |
| 2026-03-10 | 6.27x |
| 2026-03-09 | 6.37x |
| 2026-03-06 | 6.25x |
| 2026-03-05 | 6.42x |
| 2026-03-04 | 6.61x |
| 2026-03-03 | 6.67x |
| 2026-03-02 | 6.64x |
| 2026-02-27 | 6.75x |
| 2026-02-26 | 7.10x |
| 2026-02-25 | 7.02x |
| 2026-02-24 | 7.01x |
| 2026-02-23 | 6.84x |
| 2026-02-20 | 7.02x |
| 2026-02-19 | 6.88x |
| 2026-02-18 | 7.15x |
| 2026-02-17 | 7.13x |
| 2026-02-13 | 6.99x |
| 2026-02-12 | 7.03x |
| 2026-02-11 | 7.17x |
| 2026-02-10 | 7.28x |
| 2026-02-09 | 7.32x |
| 2026-02-06 | 7.35x |
| 2026-02-05 | 6.95x |
| 2026-02-04 | 7.03x |
| 2026-02-03 | 7.00x |
| 2026-02-02 | 6.90x |
| 2026-01-30 | 6.67x |
| 2026-01-29 | 6.72x |
| 2026-01-28 | 6.67x |
| 2026-01-27 | 6.69x |
| 2026-01-26 | 6.79x |
| 2026-01-23 | 6.82x |
| 2026-01-22 | 6.89x |
| 2026-01-21 | 6.89x |
| 2026-01-20 | 6.78x |
| 2026-01-16 | 7.00x |
| 2026-01-15 | 7.06x |
| 2026-01-14 | 6.86x |
| 2026-01-13 | 6.92x |
| 2026-01-12 | 7.04x |
| 2026-01-09 | 7.13x |
| 2026-01-08 | 7.06x |
| 2026-01-07 | 7.08x |
| 2026-01-06 | 7.12x |
| 2026-01-05 | 7.10x |
| 2026-01-02 | 6.90x |
| 2025-12-31 | 6.92x |
| 2025-12-30 | 6.92x |
| 2025-12-29 | 6.93x |
| 2025-12-26 | 7.03x |
| 2025-12-24 | 7.03x |
| 2025-12-23 | 7.00x |
| 2025-12-22 | 7.11x |
| 2025-12-19 | 7.04x |
| 2025-12-18 | 6.98x |
| 2025-12-17 | 6.95x |
| 2025-12-16 | 7.05x |
| 2025-12-15 | 7.06x |
| 2025-12-12 | 6.95x |
| 2025-12-11 | 7.01x |
| 2025-12-10 | 6.96x |
| 2025-12-09 | 6.78x |
| 2025-12-08 | 6.77x |
| 2025-12-05 | 6.76x |
| 2025-12-04 | 6.77x |
| 2025-12-03 | 6.79x |
| 2025-12-02 | 6.62x |
| 2025-12-01 | 6.55x |
| 2025-11-28 | 6.54x |
| 2025-11-26 | 6.56x |
| 2025-11-25 | 6.40x |
| 2025-11-24 | 6.30x |
| 2025-11-21 | 6.15x |
| 2025-11-20 | 5.96x |
| 2025-11-19 | 6.03x |
| 2025-11-18 | 6.05x |
| 2025-11-17 | 5.95x |
| 2025-11-14 | 6.14x |
| 2025-11-13 | 6.24x |
| 2025-11-12 | 6.28x |
| 2025-11-11 | 6.09x |
| 2025-11-10 | 6.15x |
| 2025-11-07 | 6.17x |
| 2025-11-06 | 6.09x |
| 2025-11-05 | 6.15x |
| 2025-11-04 | 5.94x |
| 2025-11-03 | 6.14x |
| 2025-10-31 | 6.06x |
| 2025-10-30 | 6.04x |
| 2025-10-29 | 6.16x |
| 2025-10-28 | 6.10x |
| 2025-10-27 | 6.28x |
| 2025-10-24 | 6.32x |
| 2025-10-23 | 6.16x |
| 2025-10-22 | 6.25x |
| 2025-10-21 | 6.42x |
| 2025-10-20 | 6.38x |
| 2025-10-17 | 6.22x |
| 2025-10-16 | 6.28x |
| 2025-10-15 | 6.37x |
| 2025-10-14 | 6.34x |
| 2025-10-13 | 6.16x |
| 2025-10-10 | 6.07x |
| 2025-10-09 | 6.87x |
| 2025-10-08 | 6.67x |
| 2025-10-07 | 6.63x |
| 2025-10-06 | 6.76x |
| 2025-10-03 | 6.68x |
| 2025-10-02 | 6.67x |
| 2025-10-01 | 6.59x |
| 2025-09-30 | 6.64x |
| 2025-09-29 | 6.71x |
| 2025-09-26 | 6.68x |
| 2025-09-25 | 6.64x |
| 2025-09-24 | 6.72x |
| 2025-09-23 | 6.80x |
| 2025-09-22 | 6.81x |
| 2025-09-19 | 6.88x |
| 2025-09-18 | 6.86x |
| 2025-09-17 | 6.81x |
| 2025-09-16 | 6.73x |
| 2025-09-15 | 6.77x |
| 2025-09-12 | 6.89x |
| 2025-09-11 | 6.93x |
| 2025-09-10 | 7.01x |
| 2025-09-09 | 6.95x |
| 2025-09-08 | 7.04x |
| 2025-09-05 | 6.99x |
| 2025-09-04 | 6.94x |
| 2025-09-03 | 7.00x |
| 2025-09-02 | 6.99x |
| 2025-08-29 | 7.04x |
| 2025-08-28 | 7.05x |
Showing the most recent 260 of 4,623 data points. The chart above shows the full history.
