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 13.31x is 75% above its estimated 5-year average of 7.63x, near the low end of its estimated 5-year range (4.39x–90.70x).
As of 2026-09-26T00:15:42.239Z. 43.82% above its estimated 12-month average of 9.25x.
Calculation as of: 2026-09-26T00:15:42.239Z.
Quote observation: 2026-09-25T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 7515487c4adb556aa6407af159b122910d3b05d990cabcf24f9210f61b8cb851
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
13.31x
EV/EBIT RATIO AVG TTM
9.25x
EV/EBIT RATIO AVG 3Y
7.11x
EV/EBIT RATIO AVG 5Y
7.63x
EV/EBIT RATIO AVG 10Y
9.84x
EV/EBIT RATIO AVG 15Y
10.70x
EV/EBIT RATIO AVG 20Y
8.72x
CURRENT VS TTM AVG
+43.82%
CURRENT VS 3Y AVG
+87.17%
CURRENT VS 5Y AVG
+74.56%
CURRENT VS 10Y AVG
+35.26%
CURRENT VS 15Y AVG
+24.44%
CURRENT VS 20Y AVG
+52.70%
SECTOR MEDIAN · ENERGY
13.23x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+0.57%
vs the sector median at left
Devon Energy Corporation
Market Cap
$51.76B
EV/EBIT Ratio
13.31x
TTM Avg
9.25x
3Y Avg
7.11x
5Y Avg
7.63x
Market Cap
$52.51B
EV/EBIT Ratio
13.66x
TTM Avg
14.37x
3Y Avg
11.06x
5Y Avg
9.49x
Market Cap
$56.55B
EV/EBIT Ratio
11.56x
TTM Avg
16.85x
3Y Avg
13.20x
5Y Avg
18.06x
Market Cap
$57.41B
EV/EBIT Ratio
16.18x
TTM Avg
16.44x
3Y Avg
15.26x
5Y Avg
20.06x
Market Cap
$59.64B
EV/EBIT Ratio
20.51x
TTM Avg
19.52x
3Y Avg
18.53x
5Y Avg
17.87x
Market Cap
$61.19B
EV/EBIT Ratio
19.76x
TTM Avg
23.20x
3Y Avg
20.83x
5Y Avg
19.75x
Market Cap
$38.36B
EV/EBIT Ratio
105.30x
TTM Avg
103.91x
3Y Avg
99.84x
5Y Avg
152.33x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Devon Energy Corporation (DVN) | $51.76B | 13.31x | 9.25x | 7.11x | 7.63x |
| Diamondback Energy, Inc. (FANG)vs › | $52.51B | 13.66x | 14.37x | 11.06x | 9.49x |
| ONEOK, Inc. (OKE)vs › | $55.85B | 12.20x | 13.15x | 15.37x | 14.78x |
| Occidental Petroleum Corporation (OXY)vs › | $56.55B | 11.56x | 16.85x | 13.20x | 18.06x |
| Baker Hughes Company (BKR)vs › | $57.41B | 16.18x | 16.44x | 15.26x | 20.06x |
| MPLX Lp (MPLX)vs › | $57.64B | 14.92x | 14.31x | 13.29x | 12.81x |
| Targa Resources Corp. (TRGP)vs › | $59.64B | 20.51x | 19.52x | 18.53x | 17.87x |
| TC Energy Corporation (TRP)vs › | $61.19B | 19.76x | 23.20x | 20.83x | 19.75x |
| Cameco Corporation (CCJ)vs › | $38.36B | 105.30x | 103.91x | 99.84x | 152.33x |
| Kinder Morgan, Inc. (KMI)vs › | $68.47B | 19.29x | 20.73x | 19.78x | 18.16x |
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 | 12.35x |
| 2026-09-10 | 12.30x |
| 2026-09-09 | 12.10x |
| 2026-09-08 | 11.98x |
| 2026-09-04 | 11.91x |
| 2026-09-03 | 12.06x |
| 2026-09-02 | 12.11x |
| 2026-09-01 | 12.11x |
| 2026-08-31 | 12.00x |
| 2026-08-28 | 11.77x |
| 2026-08-27 | 11.72x |
| 2026-08-26 | 11.66x |
| 2026-08-25 | 11.68x |
| 2026-08-24 | 11.95x |
| 2026-08-21 | 12.12x |
| 2026-08-20 | 12.16x |
| 2026-08-19 | 11.94x |
| 2026-08-18 | 11.87x |
| 2026-08-17 | 11.81x |
| 2026-08-14 | 11.47x |
| 2026-08-13 | 11.18x |
| 2026-08-12 | 11.27x |
| 2026-08-11 | 11.38x |
| 2026-08-10 | 11.37x |
| 2026-08-07 | 10.89x |
| 2026-08-06 | 10.92x |
| 2026-08-05 | 10.58x |
| 2026-08-04 | 10.97x |
| 2026-08-03 | 11.07x |
| 2026-07-31 | 11.18x |
| 2026-07-30 | 10.99x |
| 2026-07-29 | 11.05x |
| 2026-07-28 | 10.69x |
| 2026-07-27 | 10.79x |
| 2026-07-24 | 11.17x |
| 2026-07-23 | 11.22x |
| 2026-07-22 | 11.13x |
| 2026-07-21 | 10.98x |
| 2026-07-20 | 10.91x |
| 2026-07-17 | 10.92x |
| 2026-07-16 | 10.76x |
| 2026-07-15 | 10.74x |
| 2026-07-14 | 10.84x |
| 2026-07-13 | 10.90x |
| 2026-07-10 | 10.60x |
| 2026-07-09 | 10.56x |
| 2026-07-08 | 10.82x |
| 2026-07-07 | 10.64x |
| 2026-07-06 | 10.23x |
| 2026-07-02 | 10.25x |
| 2026-07-01 | 10.21x |
| 2026-06-30 | 10.42x |
| 2026-06-29 | 10.56x |
| 2026-06-26 | 10.60x |
| 2026-06-25 | 10.68x |
| 2026-06-24 | 10.71x |
| 2026-06-23 | 10.84x |
| 2026-06-22 | 10.77x |
| 2026-06-18 | 10.58x |
| 2026-06-17 | 10.67x |
| 2026-06-16 | 10.74x |
| 2026-06-15 | 10.86x |
| 2026-06-12 | 11.22x |
| 2026-06-11 | 11.08x |
| 2026-06-10 | 11.48x |
| 2026-06-09 | 10.97x |
| 2026-06-08 | 11.17x |
| 2026-06-05 | 11.01x |
| 2026-06-04 | 11.36x |
| 2026-06-03 | 11.39x |
| 2026-06-02 | 11.40x |
| 2026-06-01 | 11.42x |
| 2026-05-29 | 11.06x |
| 2026-05-28 | 10.98x |
| 2026-05-27 | 11.01x |
| 2026-05-26 | 11.19x |
| 2026-05-22 | 11.60x |
| 2026-05-21 | 11.58x |
| 2026-05-20 | 11.85x |
| 2026-05-19 | 12.09x |
| 2026-05-18 | 12.09x |
| 2026-05-15 | 12.05x |
| 2026-05-14 | 11.60x |
| 2026-05-13 | 11.54x |
| 2026-05-12 | 11.51x |
| 2026-05-11 | 11.50x |
| 2026-05-08 | 11.28x |
| 2026-05-07 | 11.22x |
| 2026-05-06 | 9.42x |
| 2026-05-05 | 10.13x |
| 2026-05-04 | 10.17x |
| 2026-05-01 | 10.06x |
| 2026-04-30 | 10.19x |
| 2026-04-29 | 10.15x |
| 2026-04-28 | 9.89x |
| 2026-04-27 | 9.68x |
| 2026-04-24 | 9.64x |
| 2026-04-23 | 9.67x |
| 2026-04-22 | 9.51x |
| 2026-04-21 | 9.26x |
| 2026-04-20 | 9.15x |
| 2026-04-17 | 9.04x |
| 2026-04-16 | 9.29x |
| 2026-04-15 | 9.20x |
| 2026-04-14 | 9.21x |
| 2026-04-13 | 9.53x |
| 2026-04-10 | 9.61x |
| 2026-04-09 | 9.63x |
| 2026-04-08 | 9.63x |
| 2026-04-07 | 9.96x |
| 2026-04-06 | 9.91x |
| 2026-04-02 | 9.89x |
| 2026-04-01 | 9.74x |
| 2026-03-31 | 10.02x |
| 2026-03-30 | 10.22x |
| 2026-03-27 | 10.31x |
| 2026-03-26 | 10.19x |
| 2026-03-25 | 10.04x |
| 2026-03-24 | 10.01x |
| 2026-03-23 | 9.73x |
| 2026-03-20 | 9.76x |
| 2026-03-19 | 9.78x |
| 2026-03-18 | 9.67x |
| 2026-03-17 | 9.56x |
| 2026-03-16 | 9.43x |
| 2026-03-13 | 9.37x |
| 2026-03-12 | 9.36x |
| 2026-03-11 | 9.22x |
| 2026-03-10 | 8.95x |
| 2026-03-09 | 9.14x |
| 2026-03-06 | 9.08x |
| 2026-03-05 | 9.09x |
| 2026-03-04 | 8.92x |
| 2026-03-03 | 9.00x |
| 2026-03-02 | 9.16x |
| 2026-02-27 | 8.93x |
| 2026-02-26 | 8.79x |
| 2026-02-25 | 8.78x |
| 2026-02-24 | 8.89x |
| 2026-02-23 | 8.95x |
| 2026-02-20 | 9.07x |
| 2026-02-19 | 9.11x |
| 2026-02-18 | 8.98x |
| 2026-02-17 | 8.91x |
| 2026-02-13 | 9.01x |
| 2026-02-12 | 8.90x |
| 2026-02-11 | 9.06x |
| 2026-02-10 | 8.82x |
| 2026-02-09 | 8.82x |
| 2026-02-06 | 8.88x |
| 2026-02-05 | 8.77x |
| 2026-02-04 | 8.81x |
| 2026-02-03 | 8.44x |
| 2026-02-02 | 8.29x |
| 2026-01-30 | 8.30x |
| 2026-01-29 | 8.25x |
| 2026-01-28 | 8.24x |
| 2026-01-27 | 8.18x |
| 2026-01-26 | 8.04x |
| 2026-01-23 | 8.05x |
| 2026-01-22 | 7.94x |
| 2026-01-21 | 7.90x |
| 2026-01-20 | 7.67x |
| 2026-01-16 | 7.65x |
| 2026-01-15 | 7.67x |
| 2026-01-14 | 7.93x |
| 2026-01-13 | 7.76x |
| 2026-01-12 | 7.58x |
| 2026-01-09 | 7.58x |
| 2026-01-08 | 7.64x |
| 2026-01-07 | 7.38x |
| 2026-01-06 | 7.60x |
| 2026-01-05 | 7.71x |
| 2026-01-02 | 7.92x |
| 2025-12-31 | 7.72x |
| 2025-12-30 | 7.75x |
| 2025-12-29 | 7.65x |
| 2025-12-26 | 7.57x |
| 2025-12-24 | 7.65x |
| 2025-12-23 | 7.68x |
| 2025-12-22 | 7.69x |
| 2025-12-19 | 7.60x |
| 2025-12-18 | 7.58x |
| 2025-12-17 | 7.77x |
| 2025-12-16 | 7.48x |
| 2025-12-15 | 7.65x |
| 2025-12-12 | 7.87x |
| 2025-12-11 | 7.87x |
| 2025-12-10 | 8.01x |
| 2025-12-09 | 7.85x |
| 2025-12-08 | 7.87x |
| 2025-12-05 | 7.86x |
| 2025-12-04 | 7.90x |
| 2025-12-03 | 7.89x |
| 2025-12-02 | 7.82x |
| 2025-12-01 | 7.92x |
| 2025-11-28 | 7.79x |
| 2025-11-26 | 7.69x |
| 2025-11-25 | 7.59x |
| 2025-11-24 | 7.61x |
| 2025-11-21 | 7.57x |
| 2025-11-20 | 7.49x |
| 2025-11-19 | 7.51x |
| 2025-11-18 | 7.60x |
| 2025-11-17 | 7.47x |
| 2025-11-14 | 7.60x |
| 2025-11-13 | 7.47x |
| 2025-11-12 | 7.50x |
| 2025-11-11 | 7.49x |
| 2025-11-10 | 7.29x |
| 2025-11-07 | 7.25x |
| 2025-11-06 | 6.67x |
| 2025-11-05 | 6.66x |
| 2025-11-04 | 6.69x |
| 2025-11-03 | 6.73x |
| 2025-10-31 | 6.68x |
| 2025-10-30 | 6.61x |
| 2025-10-29 | 6.61x |
| 2025-10-28 | 6.61x |
| 2025-10-27 | 6.75x |
| 2025-10-24 | 6.75x |
| 2025-10-23 | 6.82x |
| 2025-10-22 | 6.67x |
| 2025-10-21 | 6.61x |
| 2025-10-20 | 6.59x |
| 2025-10-17 | 6.56x |
| 2025-10-16 | 6.61x |
| 2025-10-15 | 6.70x |
| 2025-10-14 | 6.71x |
| 2025-10-13 | 6.79x |
| 2025-10-10 | 6.68x |
| 2025-10-09 | 6.96x |
| 2025-10-08 | 7.06x |
| 2025-10-07 | 7.06x |
| 2025-10-06 | 7.05x |
| 2025-10-03 | 6.99x |
| 2025-10-02 | 6.96x |
| 2025-10-01 | 7.11x |
| 2025-09-30 | 7.07x |
| 2025-09-29 | 7.14x |
| 2025-09-26 | 7.36x |
| 2025-09-25 | 7.18x |
| 2025-09-24 | 7.09x |
| 2025-09-23 | 6.98x |
| 2025-09-22 | 6.87x |
| 2025-09-19 | 6.90x |
| 2025-09-18 | 7.06x |
| 2025-09-17 | 7.12x |
| 2025-09-16 | 7.06x |
| 2025-09-15 | 6.87x |
| 2025-09-12 | 7.03x |
| 2025-09-11 | 7.10x |
| 2025-09-10 | 7.14x |
| 2025-09-09 | 6.96x |
| 2025-09-08 | 6.99x |
| 2025-09-05 | 7.02x |
| 2025-09-04 | 7.15x |
| 2025-09-03 | 7.07x |
| 2025-09-02 | 7.28x |
| 2025-08-29 | 7.23x |
Showing the most recent 260 of 3,699 data points. The chart above shows the full history.
