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 24.40x is 13% above its 5-year average of 21.68x, around the middle of its 5-year range (15.93x–31.03x).
As of Sunday, August 2, 2026. 14.95% above its 12-month average of 21.23x.
EV/EBITDA RATIO
24.40x
EV/EBITDA RATIO AVG TTM
21.23x
EV/EBITDA RATIO AVG 3Y
23.20x
EV/EBITDA RATIO AVG 5Y
21.68x
EV/EBITDA RATIO AVG 10Y
20.98x
EV/EBITDA RATIO AVG 15Y
17.14x
EV/EBITDA RATIO AVG 20Y
15.20x
CURRENT VS TTM AVG
+14.95%
CURRENT VS 3Y AVG
+5.19%
CURRENT VS 5Y AVG
+12.52%
CURRENT VS 10Y AVG
+16.28%
CURRENT VS 15Y AVG
+42.38%
CURRENT VS 20Y AVG
+60.57%
SECTOR MEDIAN · HEALTHCARE
16.86x
median of 72 covered companies
CURRENT VS SECTOR MEDIAN
+44.76%
vs the sector median at left
Danaher Corporation
Market Cap
$137.13B
EV/EBITDA Ratio
24.40x
TTM Avg
21.23x
3Y Avg
23.20x
5Y Avg
21.68x
Market Cap
$133.37B
EV/EBITDA Ratio
9.93x
TTM Avg
8.13x
3Y Avg
8.01x
5Y Avg
8.72x
Market Cap
$133.25B
EV/EBITDA Ratio
19.21x
TTM Avg
17.12x
3Y Avg
12.62x
5Y Avg
12.43x
Market Cap
$124.86B
EV/EBITDA Ratio
20.56x
TTM Avg
22.55x
3Y Avg
24.65x
5Y Avg
24.07x
Market Cap
$124.82B
EV/EBITDA Ratio
29.28x
TTM Avg
48.29x
3Y Avg
58.52x
5Y Avg
54.78x
Market Cap
$121.09B
EV/EBITDA Ratio
23.80x
TTM Avg
25.02x
3Y Avg
24.11x
5Y Avg
21.16x
Market Cap
$161.66B
EV/EBITDA Ratio
12.59x
TTM Avg
13.91x
3Y Avg
18.47x
5Y Avg
15.51x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Danaher Corporation (DHR) | $137.13B | 24.40x | 21.23x | 23.20x | 21.68x |
| Bristol-Myers Squibb Company (BMY)vs › | $133.37B | 9.93x | 8.13x | 8.01x | 8.72x |
| CVS Health Corp. (CVS)vs › | $133.25B | 19.21x | 17.12x | 12.62x | 12.43x |
| Pfizer Inc. (PFE)vs › | $142.54B | 9.81x | 8.97x | 13.05x | 11.91x |
| AstraZeneca PLC (AZN)vs › | $131.47B | 7.89x | 9.02x | 9.36x | 11.42x |
| Stryker Corporation (SYK)vs › | $124.86B | 20.56x | 22.55x | 24.65x | 24.07x |
| Intuitive Surgical, Inc. (ISRG)vs › | $124.82B | 29.28x | 48.29x | 58.52x | 54.78x |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $121.09B | 23.80x | 25.02x | 24.11x | 21.16x |
| Gilead Sciences, Inc. (GILD)vs › | $161.66B | 12.59x | 13.91x | 18.47x | 15.51x |
| Medtronic plc (MDT)vs › | $109.30B | 14.57x | 15.69x | 16.25x | 17.30x |
At 24.4, EV/EBITDA is richer than usual, sitting higher than 88% of its 20-year history.
20-year low
5.9
median
12.4
20-year high
35.4
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 |
|---|---|
| 2026-07-31 | 24.40x |
| 2026-07-30 | 24.53x |
| 2026-07-29 | 24.56x |
| 2026-07-28 | 24.84x |
| 2026-07-27 | 24.56x |
| 2026-07-24 | 24.02x |
| 2026-07-23 | 24.13x |
| 2026-07-22 | 22.69x |
| 2026-07-21 | 22.68x |
| 2026-07-20 | 25.06x |
| 2026-07-17 | 21.79x |
| 2026-07-16 | 21.90x |
| 2026-07-15 | 21.49x |
| 2026-07-14 | 21.32x |
| 2026-07-13 | 21.42x |
| 2026-07-10 | 21.32x |
| 2026-07-09 | 21.01x |
| 2026-07-08 | 20.50x |
| 2026-07-07 | 20.84x |
| 2026-07-06 | 20.78x |
| 2026-07-02 | 21.21x |
| 2026-07-01 | 20.79x |
| 2026-06-30 | 20.47x |
| 2026-06-29 | 20.70x |
| 2026-06-26 | 21.03x |
| 2026-06-25 | 20.74x |
| 2026-06-24 | 20.32x |
| 2026-06-23 | 19.34x |
| 2026-06-22 | 19.27x |
| 2026-06-18 | 19.17x |
| 2026-06-17 | 19.22x |
| 2026-06-16 | 19.58x |
| 2026-06-15 | 19.55x |
| 2026-06-12 | 19.45x |
| 2026-06-11 | 19.52x |
| 2026-06-10 | 19.80x |
| 2026-06-09 | 20.27x |
| 2026-06-08 | 19.79x |
| 2026-06-05 | 19.87x |
| 2026-06-04 | 20.10x |
| 2026-06-03 | 19.26x |
| 2026-06-02 | 19.06x |
| 2026-06-01 | 19.43x |
| 2026-05-29 | 19.71x |
| 2026-05-28 | 19.51x |
| 2026-05-27 | 18.77x |
| 2026-05-26 | 18.74x |
| 2026-05-22 | 18.66x |
| 2026-05-21 | 18.79x |
| 2026-05-20 | 18.57x |
| 2026-05-19 | 18.17x |
| 2026-05-18 | 17.86x |
| 2026-05-15 | 17.67x |
| 2026-05-14 | 17.93x |
| 2026-05-13 | 18.07x |
| 2026-05-12 | 18.10x |
| 2026-05-11 | 18.12x |
| 2026-05-08 | 18.58x |
| 2026-05-07 | 19.02x |
| 2026-05-06 | 18.95x |
| 2026-05-05 | 18.92x |
| 2026-05-04 | 18.86x |
| 2026-05-01 | 18.97x |
| 2026-04-30 | 19.34x |
| 2026-04-29 | 19.33x |
| 2026-04-28 | 19.34x |
| 2026-04-27 | 19.51x |
| 2026-04-24 | 19.17x |
| 2026-04-23 | 19.30x |
| 2026-04-22 | 19.84x |
| 2026-04-21 | 20.87x |
| 2026-04-20 | 20.97x |
| 2026-04-17 | 20.12x |
| 2026-04-16 | 20.03x |
| 2026-04-15 | 20.44x |
| 2026-04-14 | 20.48x |
| 2026-04-13 | 20.22x |
| 2026-04-10 | 19.63x |
| 2026-04-09 | 19.95x |
| 2026-04-08 | 20.25x |
| 2026-04-07 | 19.77x |
| 2026-04-06 | 19.87x |
| 2026-04-02 | 19.78x |
| 2026-04-01 | 19.75x |
| 2026-03-31 | 19.63x |
| 2026-03-30 | 19.10x |
| 2026-03-27 | 18.87x |
| 2026-03-26 | 19.49x |
| 2026-03-25 | 19.40x |
| 2026-03-24 | 19.68x |
| 2026-03-23 | 19.67x |
| 2026-03-20 | 19.61x |
| 2026-03-19 | 19.68x |
| 2026-03-18 | 19.81x |
| 2026-03-17 | 20.16x |
| 2026-03-16 | 19.80x |
| 2026-03-13 | 19.42x |
| 2026-03-12 | 19.32x |
| 2026-03-11 | 20.15x |
| 2026-03-10 | 20.16x |
| 2026-03-09 | 20.50x |
| 2026-03-06 | 20.19x |
| 2026-03-05 | 20.80x |
| 2026-03-04 | 21.06x |
| 2026-03-03 | 20.99x |
| 2026-03-02 | 21.17x |
| 2026-02-27 | 21.61x |
| 2026-02-26 | 21.49x |
| 2026-02-25 | 21.51x |
| 2026-02-24 | 21.47x |
| 2026-02-23 | 21.31x |
| 2026-02-20 | 21.18x |
| 2026-02-19 | 21.34x |
| 2026-02-18 | 21.09x |
| 2026-02-17 | 20.89x |
| 2026-02-13 | 21.46x |
| 2026-02-12 | 21.67x |
| 2026-02-11 | 22.14x |
| 2026-02-10 | 22.11x |
| 2026-02-09 | 21.83x |
| 2026-02-06 | 21.83x |
| 2026-02-05 | 21.75x |
| 2026-02-04 | 22.09x |
| 2026-02-03 | 21.83x |
| 2026-02-02 | 22.45x |
| 2026-01-30 | 22.04x |
| 2026-01-29 | 22.10x |
| 2026-01-28 | 22.55x |
| 2026-01-27 | 23.58x |
| 2026-01-26 | 23.67x |
| 2026-01-23 | 23.51x |
| 2026-01-22 | 23.98x |
| 2026-01-21 | 24.16x |
| 2026-01-20 | 23.45x |
| 2026-01-16 | 23.60x |
| 2026-01-15 | 23.96x |
| 2026-01-14 | 23.78x |
| 2026-01-13 | 23.56x |
| 2026-01-12 | 23.88x |
| 2026-01-09 | 23.82x |
| 2026-01-08 | 23.51x |
| 2026-01-07 | 23.57x |
| 2026-01-06 | 23.66x |
| 2026-01-05 | 23.55x |
| 2026-01-02 | 23.09x |
| 2025-12-31 | 22.96x |
| 2025-12-30 | 23.12x |
| 2025-12-29 | 23.11x |
| 2025-12-26 | 23.08x |
| 2025-12-24 | 23.19x |
| 2025-12-23 | 23.13x |
| 2025-12-22 | 22.87x |
| 2025-12-19 | 22.58x |
| 2025-12-18 | 22.54x |
| 2025-12-17 | 22.38x |
| 2025-12-16 | 22.57x |
| 2025-12-15 | 22.92x |
| 2025-12-12 | 22.72x |
| 2025-12-11 | 23.27x |
| 2025-12-10 | 23.09x |
| 2025-12-09 | 22.43x |
| 2025-12-08 | 22.55x |
| 2025-12-05 | 22.71x |
| 2025-12-04 | 22.79x |
| 2025-12-03 | 22.91x |
| 2025-12-02 | 22.74x |
| 2025-12-01 | 22.52x |
| 2025-11-28 | 22.76x |
| 2025-11-26 | 22.91x |
| 2025-11-25 | 23.13x |
| 2025-11-24 | 22.78x |
| 2025-11-21 | 22.82x |
| 2025-11-20 | 22.34x |
| 2025-11-19 | 22.36x |
| 2025-11-18 | 22.64x |
| 2025-11-17 | 22.18x |
| 2025-11-14 | 22.25x |
| 2025-11-13 | 22.25x |
| 2025-11-12 | 22.08x |
| 2025-11-11 | 21.75x |
| 2025-11-10 | 21.33x |
| 2025-11-07 | 21.22x |
| 2025-11-06 | 21.28x |
| 2025-11-05 | 21.42x |
| 2025-11-04 | 21.57x |
| 2025-11-03 | 21.59x |
| 2025-10-31 | 21.71x |
| 2025-10-30 | 21.68x |
| 2025-10-29 | 21.59x |
| 2025-10-28 | 21.85x |
| 2025-10-27 | 22.23x |
| 2025-10-24 | 22.41x |
| 2025-10-23 | 22.39x |
| 2025-10-22 | 21.96x |
| 2025-10-21 | 22.21x |
| 2025-10-20 | 21.07x |
| 2025-10-17 | 21.95x |
| 2025-10-16 | 22.13x |
| 2025-10-15 | 21.67x |
| 2025-10-14 | 21.68x |
| 2025-10-13 | 21.58x |
| 2025-10-10 | 21.33x |
| 2025-10-09 | 21.52x |
| 2025-10-08 | 21.56x |
| 2025-10-07 | 21.93x |
| 2025-10-06 | 22.21x |
| 2025-10-03 | 22.52x |
| 2025-10-02 | 22.08x |
| 2025-10-01 | 22.32x |
| 2025-09-30 | 20.93x |
| 2025-09-29 | 19.77x |
| 2025-09-26 | 19.65x |
| 2025-09-25 | 19.33x |
| 2025-09-24 | 19.75x |
| 2025-09-23 | 20.11x |
| 2025-09-22 | 20.18x |
| 2025-09-19 | 20.45x |
| 2025-09-18 | 20.64x |
| 2025-09-17 | 20.42x |
| 2025-09-16 | 20.19x |
| 2025-09-15 | 20.00x |
| 2025-09-12 | 20.15x |
| 2025-09-11 | 20.63x |
| 2025-09-10 | 20.39x |
| 2025-09-09 | 20.55x |
| 2025-09-08 | 20.96x |
| 2025-09-05 | 21.11x |
| 2025-09-04 | 21.00x |
| 2025-09-03 | 21.04x |
| 2025-09-02 | 21.45x |
| 2025-08-29 | 21.65x |
| 2025-08-28 | 21.60x |
| 2025-08-27 | 21.57x |
| 2025-08-26 | 21.69x |
| 2025-08-25 | 21.83x |
| 2025-08-22 | 22.22x |
| 2025-08-21 | 21.46x |
| 2025-08-20 | 22.18x |
| 2025-08-19 | 22.25x |
| 2025-08-18 | 21.95x |
| 2025-08-15 | 22.13x |
| 2025-08-14 | 22.06x |
| 2025-08-13 | 21.96x |
| 2025-08-12 | 21.64x |
| 2025-08-11 | 21.07x |
| 2025-08-08 | 21.15x |
| 2025-08-07 | 20.95x |
| 2025-08-06 | 20.63x |
| 2025-08-05 | 21.00x |
| 2025-08-04 | 20.85x |
| 2025-08-01 | 20.82x |
| 2025-07-31 | 20.82x |
| 2025-07-30 | 21.47x |
| 2025-07-29 | 21.74x |
| 2025-07-28 | 21.37x |
| 2025-07-25 | 21.61x |
| 2025-07-24 | 21.36x |
| 2025-07-23 | 20.89x |
| 2025-07-22 | 20.13x |
| 2025-07-21 | 19.96x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
