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 12.72x is in line with its 5-year average of 12.23x, around the middle of its 5-year range (8.44x–15.60x).
As of Saturday, August 1, 2026. 21.83% above its 12-month average of 10.44x.
EV/EBITDA RATIO
12.72x
EV/EBITDA RATIO AVG TTM
10.44x
EV/EBITDA RATIO AVG 3Y
11.43x
EV/EBITDA RATIO AVG 5Y
12.23x
EV/EBITDA RATIO AVG 10Y
11.87x
EV/EBITDA RATIO AVG 15Y
10.66x
EV/EBITDA RATIO AVG 20Y
9.91x
CURRENT VS TTM AVG
+21.83%
CURRENT VS 3Y AVG
+11.32%
CURRENT VS 5Y AVG
+4.00%
CURRENT VS 10Y AVG
+7.20%
CURRENT VS 15Y AVG
+19.32%
CURRENT VS 20Y AVG
+28.31%
SECTOR MEDIAN · HEALTHCARE
16.86x
median of 72 covered companies
CURRENT VS SECTOR MEDIAN
-24.53%
vs the sector median at left
Elevance Health Inc.
Market Cap
$81.51B
EV/EBITDA Ratio
12.72x
TTM Avg
10.44x
3Y Avg
11.43x
5Y Avg
12.23x
Market Cap
$78.57B
EV/EBITDA Ratio
19.81x
TTM Avg
17.46x
3Y Avg
19.62x
5Y Avg
16.24x
Market Cap
$87.16B
EV/EBITDA Ratio
8.73x
TTM Avg
10.06x
3Y Avg
10.40x
5Y Avg
9.87x
Market Cap
$69.46B
EV/EBITDA Ratio
14.14x
TTM Avg
27.24x
3Y Avg
31.87x
5Y Avg
29.40x
Market Cap
$100.24B
EV/EBITDA Ratio
15.45x
TTM Avg
18.86x
3Y Avg
17.26x
5Y Avg
15.14x
Market Cap
$60.00B
EV/EBITDA Ratio
13.54x
TTM Avg
12.55x
3Y Avg
14.44x
5Y Avg
14.97x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Elevance Health Inc. (ELV) | $81.51B | 12.72x | 10.44x | 11.43x | 12.23x |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $78.57B | 19.81x | 17.46x | 19.62x | 16.24x |
| HCA Healthcare, Inc. (HCA)vs › | $87.16B | 8.73x | 10.06x | 10.40x | 9.87x |
| Cigna Corporation (CI)vs › | $73.74B | 8.49x | 8.52x | 9.42x | 9.70x |
| Boston Scientific Corporation (BSX)vs › | $69.46B | 14.14x | 27.24x | 31.87x | 29.40x |
| McKesson Corporation (MCK)vs › | $100.24B | 15.45x | 18.86x | 17.26x | 15.14x |
| Cencora, Inc. (COR)vs › | $60.57B | 13.55x | 14.40x | 13.56x | 12.16x |
| Becton, Dickinson and Company (BDX)vs › | $60.00B | 13.54x | 12.55x | 14.44x | 14.97x |
| GSK plc (GSK)vs › | $103.56B | 8.51x | 8.09x | 9.34x | 9.46x |
| Cardinal Health, Inc. (CAH)vs › | $53.87B | 18.71x | 16.28x | 15.64x | 29.89x |
At 12.7, EV/EBITDA is richer than usual, sitting higher than 81% of its 20-year history.
20-year low
3.2
median
10.0
20-year high
15.6
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 | 12.72x |
| 2026-07-30 | 12.73x |
| 2026-07-29 | 12.72x |
| 2026-07-28 | 12.98x |
| 2026-07-27 | 12.78x |
| 2026-07-24 | 12.77x |
| 2026-07-23 | 12.81x |
| 2026-07-22 | 13.07x |
| 2026-07-21 | 13.19x |
| 2026-07-20 | 12.89x |
| 2026-07-17 | 12.64x |
| 2026-07-16 | 12.64x |
| 2026-07-15 | 13.11x |
| 2026-07-14 | 13.04x |
| 2026-07-13 | 13.00x |
| 2026-07-10 | 12.78x |
| 2026-07-09 | 12.88x |
| 2026-07-08 | 12.77x |
| 2026-07-07 | 12.84x |
| 2026-07-06 | 12.58x |
| 2026-07-02 | 12.82x |
| 2026-07-01 | 12.77x |
| 2026-06-30 | 12.05x |
| 2026-06-29 | 12.08x |
| 2026-06-26 | 12.26x |
| 2026-06-25 | 12.06x |
| 2026-06-24 | 11.98x |
| 2026-06-23 | 12.25x |
| 2026-06-22 | 12.25x |
| 2026-06-18 | 12.09x |
| 2026-06-17 | 12.16x |
| 2026-06-16 | 12.32x |
| 2026-06-15 | 12.42x |
| 2026-06-12 | 12.48x |
| 2026-06-11 | 12.35x |
| 2026-06-10 | 12.49x |
| 2026-06-09 | 12.98x |
| 2026-06-08 | 12.82x |
| 2026-06-05 | 12.76x |
| 2026-06-04 | 12.61x |
| 2026-06-03 | 12.16x |
| 2026-06-02 | 12.10x |
| 2026-06-01 | 12.44x |
| 2026-05-29 | 12.21x |
| 2026-05-28 | 12.20x |
| 2026-05-27 | 12.16x |
| 2026-05-26 | 12.07x |
| 2026-05-22 | 12.24x |
| 2026-05-21 | 12.12x |
| 2026-05-20 | 12.28x |
| 2026-05-19 | 12.43x |
| 2026-05-18 | 12.23x |
| 2026-05-15 | 12.19x |
| 2026-05-14 | 12.29x |
| 2026-05-13 | 12.37x |
| 2026-05-12 | 12.21x |
| 2026-05-11 | 11.92x |
| 2026-05-08 | 11.83x |
| 2026-05-07 | 11.71x |
| 2026-05-06 | 11.75x |
| 2026-05-05 | 11.61x |
| 2026-05-04 | 11.68x |
| 2026-05-01 | 11.70x |
| 2026-04-30 | 11.79x |
| 2026-04-29 | 11.80x |
| 2026-04-28 | 11.45x |
| 2026-04-27 | 11.30x |
| 2026-04-24 | 11.01x |
| 2026-04-23 | 11.05x |
| 2026-04-22 | 10.60x |
| 2026-04-21 | 9.99x |
| 2026-04-20 | 9.79x |
| 2026-04-17 | 9.88x |
| 2026-04-16 | 9.71x |
| 2026-04-15 | 9.60x |
| 2026-04-14 | 9.65x |
| 2026-04-13 | 9.72x |
| 2026-04-10 | 9.61x |
| 2026-04-09 | 9.74x |
| 2026-04-08 | 9.77x |
| 2026-04-07 | 9.62x |
| 2026-04-06 | 9.41x |
| 2026-04-02 | 9.37x |
| 2026-04-01 | 9.31x |
| 2026-03-31 | 9.18x |
| 2026-03-30 | 9.00x |
| 2026-03-27 | 9.04x |
| 2026-03-26 | 9.22x |
| 2026-03-25 | 9.26x |
| 2026-03-24 | 9.13x |
| 2026-03-23 | 9.10x |
| 2026-03-20 | 9.15x |
| 2026-03-19 | 9.14x |
| 2026-03-18 | 9.23x |
| 2026-03-17 | 9.25x |
| 2026-03-16 | 9.17x |
| 2026-03-13 | 9.16x |
| 2026-03-12 | 9.07x |
| 2026-03-11 | 9.11x |
| 2026-03-10 | 8.95x |
| 2026-03-09 | 8.91x |
| 2026-03-06 | 9.11x |
| 2026-03-05 | 9.04x |
| 2026-03-04 | 9.15x |
| 2026-03-03 | 8.98x |
| 2026-03-02 | 9.21x |
| 2026-02-27 | 9.81x |
| 2026-02-26 | 9.88x |
| 2026-02-25 | 10.05x |
| 2026-02-24 | 9.97x |
| 2026-02-23 | 10.17x |
| 2026-02-20 | 10.33x |
| 2026-02-19 | 10.45x |
| 2026-02-18 | 10.41x |
| 2026-02-17 | 10.38x |
| 2026-02-13 | 10.42x |
| 2026-02-12 | 10.18x |
| 2026-02-11 | 10.04x |
| 2026-02-10 | 9.94x |
| 2026-02-09 | 9.98x |
| 2026-02-06 | 10.24x |
| 2026-02-05 | 9.83x |
| 2026-02-04 | 10.01x |
| 2026-02-03 | 9.97x |
| 2026-02-02 | 10.04x |
| 2026-01-30 | 10.13x |
| 2026-01-29 | 10.16x |
| 2026-01-28 | 10.04x |
| 2026-01-27 | 9.62x |
| 2026-01-26 | 10.83x |
| 2026-01-23 | 10.70x |
| 2026-01-22 | 10.73x |
| 2026-01-21 | 10.67x |
| 2026-01-20 | 10.61x |
| 2026-01-16 | 10.79x |
| 2026-01-15 | 10.95x |
| 2026-01-14 | 10.74x |
| 2026-01-13 | 10.69x |
| 2026-01-12 | 10.79x |
| 2026-01-09 | 10.74x |
| 2026-01-08 | 10.79x |
| 2026-01-07 | 10.60x |
| 2026-01-06 | 10.71x |
| 2026-01-05 | 10.53x |
| 2026-01-02 | 10.32x |
| 2025-12-31 | 10.24x |
| 2025-12-30 | 10.20x |
| 2025-12-29 | 10.19x |
| 2025-12-26 | 10.22x |
| 2025-12-24 | 10.08x |
| 2025-12-23 | 10.07x |
| 2025-12-22 | 10.10x |
| 2025-12-19 | 10.02x |
| 2025-12-18 | 10.10x |
| 2025-12-17 | 10.14x |
| 2025-12-16 | 10.27x |
| 2025-12-15 | 10.47x |
| 2025-12-12 | 10.43x |
| 2025-12-11 | 10.46x |
| 2025-12-10 | 10.02x |
| 2025-12-09 | 9.77x |
| 2025-12-08 | 9.79x |
| 2025-12-05 | 9.79x |
| 2025-12-04 | 9.85x |
| 2025-12-03 | 9.79x |
| 2025-12-02 | 9.80x |
| 2025-12-01 | 9.77x |
| 2025-11-28 | 9.96x |
| 2025-11-26 | 9.97x |
| 2025-11-25 | 9.92x |
| 2025-11-24 | 9.77x |
| 2025-11-21 | 9.59x |
| 2025-11-20 | 9.41x |
| 2025-11-19 | 9.47x |
| 2025-11-18 | 9.65x |
| 2025-11-17 | 9.80x |
| 2025-11-14 | 9.68x |
| 2025-11-13 | 9.74x |
| 2025-11-12 | 9.72x |
| 2025-11-11 | 9.44x |
| 2025-11-10 | 9.18x |
| 2025-11-07 | 9.50x |
| 2025-11-06 | 9.42x |
| 2025-11-05 | 9.51x |
| 2025-11-04 | 9.47x |
| 2025-11-03 | 9.40x |
| 2025-10-31 | 9.49x |
| 2025-10-30 | 9.59x |
| 2025-10-29 | 9.92x |
| 2025-10-28 | 9.99x |
| 2025-10-27 | 10.06x |
| 2025-10-24 | 10.05x |
| 2025-10-23 | 10.14x |
| 2025-10-22 | 10.12x |
| 2025-10-21 | 10.22x |
| 2025-10-20 | 10.25x |
| 2025-10-17 | 10.13x |
| 2025-10-16 | 10.11x |
| 2025-10-15 | 10.14x |
| 2025-10-14 | 10.17x |
| 2025-10-13 | 10.19x |
| 2025-10-10 | 10.23x |
| 2025-10-09 | 10.34x |
| 2025-10-08 | 10.44x |
| 2025-10-07 | 10.33x |
| 2025-10-06 | 10.15x |
| 2025-10-03 | 10.17x |
| 2025-10-02 | 9.93x |
| 2025-10-01 | 9.76x |
| 2025-09-30 | 9.54x |
| 2025-09-29 | 9.46x |
| 2025-09-26 | 9.44x |
| 2025-09-25 | 9.40x |
| 2025-09-24 | 9.62x |
| 2025-09-23 | 9.56x |
| 2025-09-22 | 9.42x |
| 2025-09-19 | 9.33x |
| 2025-09-18 | 9.38x |
| 2025-09-17 | 9.21x |
| 2025-09-16 | 9.24x |
| 2025-09-15 | 9.17x |
| 2025-09-12 | 9.28x |
| 2025-09-11 | 9.36x |
| 2025-09-10 | 9.17x |
| 2025-09-09 | 9.36x |
| 2025-09-08 | 9.20x |
| 2025-09-05 | 9.33x |
| 2025-09-04 | 9.20x |
| 2025-09-03 | 9.51x |
| 2025-09-02 | 9.52x |
| 2025-08-29 | 9.44x |
| 2025-08-28 | 9.25x |
| 2025-08-27 | 9.24x |
| 2025-08-26 | 9.24x |
| 2025-08-25 | 9.33x |
| 2025-08-22 | 9.39x |
| 2025-08-21 | 9.23x |
| 2025-08-20 | 9.24x |
| 2025-08-19 | 9.29x |
| 2025-08-18 | 9.23x |
| 2025-08-15 | 9.23x |
| 2025-08-14 | 8.91x |
| 2025-08-13 | 8.89x |
| 2025-08-12 | 8.84x |
| 2025-08-11 | 8.81x |
| 2025-08-08 | 8.88x |
| 2025-08-07 | 8.64x |
| 2025-08-06 | 8.48x |
| 2025-08-05 | 8.48x |
| 2025-08-04 | 8.44x |
| 2025-08-01 | 8.44x |
| 2025-07-31 | 8.63x |
| 2025-07-30 | 8.87x |
| 2025-07-29 | 8.76x |
| 2025-07-28 | 8.70x |
| 2025-07-25 | 8.77x |
| 2025-07-24 | 8.57x |
| 2025-07-23 | 8.94x |
| 2025-07-22 | 8.60x |
| 2025-07-21 | 8.48x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
