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 9.91x is 76% below its estimated 5-year average of 42.07x, near the low end of its estimated 5-year range (9.39x–112.84x).
As of 2026-10-06T14:01:31.085Z. 48.92% below its estimated 12-month average of 19.40x.
Calculation as of: 2026-10-06T14:01:31.085Z.
Quote observation: 2026-10-06T14:00:10.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 62253faf559471758c090c9043c79f7d71b2eb69ae723c81ded7e4713cd43038
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 2026-10-05.
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
9.91x
EV/EBITDA RATIO AVG TTM
19.40x
EV/EBITDA RATIO AVG 3Y
31.61x
EV/EBITDA RATIO AVG 5Y
42.07x
EV/EBITDA RATIO AVG 10Y
44.48x
EV/EBITDA RATIO AVG 15Y
44.56x
EV/EBITDA RATIO AVG 20Y
42.09x
CURRENT VS TTM AVG
-48.92%
CURRENT VS 3Y AVG
-68.65%
CURRENT VS 5Y AVG
-76.44%
CURRENT VS 10Y AVG
-77.72%
CURRENT VS 15Y AVG
-77.76%
CURRENT VS 20Y AVG
-76.46%
SECTOR MEDIAN · INDUSTRIALS
15.67x
median of 215 covered companies
CURRENT VS SECTOR MEDIAN
-36.76%
vs the sector median at left
Energy Recovery, Inc.
Market Cap
$359.53M
EV/EBITDA Ratio
9.91x
TTM Avg
19.40x
3Y Avg
31.61x
5Y Avg
42.07x
Market Cap
$344.25M
EV/EBITDA Ratio
13.09x
TTM Avg
13.41x
3Y Avg
13.41x
5Y Avg
13.41x
Market Cap
$386.03M
EV/EBITDA Ratio
12.55x
TTM Avg
12.89x
3Y Avg
12.94x
5Y Avg
13.69x
Market Cap
$326.50M
EV/EBITDA Ratio
41.29x
TTM Avg
51.88x
3Y Avg
41.73x
5Y Avg
41.73x
Market Cap
$406.07M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$310.39M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$311.95M
EV/EBITDA Ratio
19.19x
TTM Avg
26.58x
3Y Avg
40.86x
5Y Avg
41.50x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Energy Recovery, Inc. (ERII) | $359.53M | 9.91x | 19.40x | 31.61x | 42.07x |
| Innovative Aerosystems, Inc. (IA)vs › | $344.25M | 13.09x | 13.41x | 13.41x | 13.41x |
| StealthGas Inc. (GASS)vs › | $339.17M | 3.39x | 2.65x | 3.23x | 4.24x |
| L.B. Foster Company (FSTR)vs › | $386.03M | 12.55x | 12.89x | 12.94x | 13.69x |
| Deep Fission, Inc. (FISN)vs › | $334.25M | N/A | N/A | N/A | N/A |
| Electrovaya Inc. (ELVA)vs › | $326.50M | 41.29x | 51.88x | 41.73x | 41.73x |
| Falcon's Beyond Global, Inc. Class A Common Stock (FBYD)vs › | $406.07M | N/A | N/A | N/A | N/A |
| Richtech Robotics Inc. Class B Common Stock (RR)vs › | $310.39M | N/A | N/A | N/A | N/A |
| FTAI Infrastructure Inc. (FIP)vs › | $311.95M | 19.19x | 26.58x | 40.86x | 41.50x |
| Aduro Clean Technologies Inc. (ADUR)vs › | $409.06M | N/A | N/A | N/A | N/A |
At 9.9, EV/EBITDA is below its estimated 18-year median — higher than 0% of readings in its estimated 18-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 18-year low
9.4
median
38.2
estimated 18-year high
2136.1
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 |
|---|---|
| 2026-10-05 | 9.65x |
| 2026-10-02 | 9.55x |
| 2026-10-01 | 9.44x |
| 2026-09-30 | 9.39x |
| 2026-09-29 | 9.52x |
| 2026-09-28 | 9.47x |
| 2026-09-25 | 9.62x |
| 2026-09-24 | 9.65x |
| 2026-09-23 | 9.60x |
| 2026-09-22 | 10.13x |
| 2026-09-21 | 9.99x |
| 2026-09-18 | 9.92x |
| 2026-09-17 | 10.02x |
| 2026-09-16 | 10.10x |
| 2026-09-15 | 10.04x |
| 2026-09-14 | 10.09x |
| 2026-09-11 | 10.85x |
| 2026-09-10 | 10.38x |
| 2026-09-09 | 10.57x |
| 2026-09-08 | 11.10x |
| 2026-09-04 | 10.98x |
| 2026-09-03 | 11.02x |
| 2026-09-02 | 10.90x |
| 2026-09-01 | 11.15x |
| 2026-08-31 | 11.12x |
| 2026-08-28 | 11.22x |
| 2026-08-27 | 11.43x |
| 2026-08-26 | 11.50x |
| 2026-08-25 | 11.35x |
| 2026-08-24 | 11.27x |
| 2026-08-21 | 11.43x |
| 2026-08-20 | 11.18x |
| 2026-08-19 | 11.45x |
| 2026-08-18 | 11.40x |
| 2026-08-17 | 11.83x |
| 2026-08-14 | 12.18x |
| 2026-08-13 | 11.30x |
| 2026-08-12 | 11.23x |
| 2026-08-11 | 11.13x |
| 2026-08-10 | 11.58x |
| 2026-08-07 | 12.73x |
| 2026-08-06 | 12.82x |
| 2026-08-05 | 11.02x |
| 2026-08-04 | 11.37x |
| 2026-08-03 | 11.09x |
| 2026-07-31 | 10.73x |
| 2026-07-30 | 10.43x |
| 2026-07-29 | 10.04x |
| 2026-07-28 | 10.39x |
| 2026-07-27 | 10.56x |
| 2026-07-24 | 10.42x |
| 2026-07-23 | 10.41x |
| 2026-07-22 | 10.58x |
| 2026-07-21 | 10.69x |
| 2026-07-20 | 10.50x |
| 2026-07-17 | 10.69x |
| 2026-07-16 | 10.80x |
| 2026-07-15 | 10.69x |
| 2026-07-14 | 10.75x |
| 2026-07-13 | 10.75x |
| 2026-07-10 | 10.84x |
| 2026-07-09 | 11.11x |
| 2026-07-08 | 10.69x |
| 2026-07-07 | 10.94x |
| 2026-07-06 | 11.21x |
| 2026-07-02 | 10.99x |
| 2026-07-01 | 11.07x |
| 2026-06-30 | 11.24x |
| 2026-06-29 | 10.95x |
| 2026-06-26 | 10.96x |
| 2026-06-25 | 10.92x |
| 2026-06-24 | 10.90x |
| 2026-06-23 | 11.02x |
| 2026-06-22 | 11.07x |
| 2026-06-18 | 11.78x |
| 2026-06-17 | 11.20x |
| 2026-06-16 | 10.64x |
| 2026-06-15 | 10.88x |
| 2026-06-12 | 10.30x |
| 2026-06-11 | 10.11x |
| 2026-06-10 | 9.74x |
| 2026-06-09 | 10.01x |
| 2026-06-08 | 9.81x |
| 2026-06-05 | 9.86x |
| 2026-06-04 | 10.24x |
| 2026-06-03 | 9.90x |
| 2026-06-02 | 10.09x |
| 2026-06-01 | 9.85x |
| 2026-05-29 | 10.08x |
| 2026-05-28 | 10.71x |
| 2026-05-27 | 10.77x |
| 2026-05-26 | 10.90x |
| 2026-05-22 | 11.01x |
| 2026-05-21 | 10.69x |
| 2026-05-20 | 10.73x |
| 2026-05-19 | 10.47x |
| 2026-05-18 | 11.29x |
| 2026-05-15 | 10.41x |
| 2026-05-14 | 10.69x |
| 2026-05-13 | 10.27x |
| 2026-05-12 | 10.84x |
| 2026-05-11 | 10.80x |
| 2026-05-08 | 11.39x |
| 2026-05-07 | 11.80x |
| 2026-05-06 | 15.91x |
| 2026-05-05 | 15.47x |
| 2026-05-04 | 15.02x |
| 2026-05-01 | 15.08x |
| 2026-04-30 | 15.12x |
| 2026-04-29 | 14.58x |
| 2026-04-28 | 15.15x |
| 2026-04-27 | 15.09x |
| 2026-04-24 | 15.43x |
| 2026-04-23 | 15.03x |
| 2026-04-22 | 14.74x |
| 2026-04-21 | 14.10x |
| 2026-04-20 | 14.23x |
| 2026-04-17 | 14.40x |
| 2026-04-16 | 14.21x |
| 2026-04-15 | 14.46x |
| 2026-04-14 | 15.44x |
| 2026-04-13 | 15.62x |
| 2026-04-10 | 15.18x |
| 2026-04-09 | 15.11x |
| 2026-04-08 | 14.61x |
| 2026-04-07 | 14.04x |
| 2026-04-06 | 14.17x |
| 2026-04-02 | 13.85x |
| 2026-04-01 | 13.88x |
| 2026-03-31 | 13.66x |
| 2026-03-30 | 13.28x |
| 2026-03-27 | 13.37x |
| 2026-03-26 | 13.47x |
| 2026-03-25 | 13.76x |
| 2026-03-24 | 13.81x |
| 2026-03-23 | 13.73x |
| 2026-03-20 | 12.77x |
| 2026-03-19 | 13.16x |
| 2026-03-18 | 13.43x |
| 2026-03-17 | 13.83x |
| 2026-03-16 | 13.94x |
| 2026-03-13 | 13.63x |
| 2026-03-12 | 13.91x |
| 2026-03-11 | 14.70x |
| 2026-03-10 | 14.83x |
| 2026-03-09 | 15.19x |
| 2026-03-06 | 14.45x |
| 2026-03-05 | 14.62x |
| 2026-03-04 | 14.61x |
| 2026-03-03 | 13.88x |
| 2026-03-02 | 13.94x |
| 2026-02-27 | 14.19x |
| 2026-02-26 | 14.19x |
| 2026-02-25 | 34.52x |
| 2026-02-24 | 34.40x |
| 2026-02-23 | 34.38x |
| 2026-02-20 | 34.78x |
| 2026-02-19 | 34.36x |
| 2026-02-18 | 33.69x |
| 2026-02-17 | 34.00x |
| 2026-02-13 | 33.35x |
| 2026-02-12 | 32.84x |
| 2026-02-11 | 32.99x |
| 2026-02-10 | 33.33x |
| 2026-02-09 | 33.82x |
| 2026-02-06 | 33.06x |
| 2026-02-05 | 32.26x |
| 2026-02-04 | 31.97x |
| 2026-02-03 | 31.59x |
| 2026-02-02 | 31.90x |
| 2026-01-30 | 31.09x |
| 2026-01-29 | 31.52x |
| 2026-01-28 | 31.23x |
| 2026-01-27 | 30.85x |
| 2026-01-26 | 30.51x |
| 2026-01-23 | 30.44x |
| 2026-01-22 | 31.18x |
| 2026-01-21 | 30.71x |
| 2026-01-20 | 29.73x |
| 2026-01-16 | 30.44x |
| 2026-01-15 | 30.44x |
| 2026-01-14 | 30.27x |
| 2026-01-13 | 30.62x |
| 2026-01-12 | 30.40x |
| 2026-01-09 | 30.13x |
| 2026-01-08 | 30.76x |
| 2026-01-07 | 29.91x |
| 2026-01-06 | 30.71x |
| 2026-01-05 | 30.51x |
| 2026-01-02 | 29.15x |
| 2025-12-31 | 28.63x |
| 2025-12-30 | 28.61x |
| 2025-12-29 | 29.33x |
| 2025-12-26 | 29.50x |
| 2025-12-24 | 29.41x |
| 2025-12-23 | 29.35x |
| 2025-12-22 | 29.73x |
| 2025-12-19 | 29.93x |
| 2025-12-18 | 30.73x |
| 2025-12-17 | 30.06x |
| 2025-12-16 | 30.76x |
| 2025-12-15 | 30.94x |
| 2025-12-12 | 30.82x |
| 2025-12-11 | 31.12x |
| 2025-12-10 | 30.69x |
| 2025-12-09 | 30.29x |
| 2025-12-08 | 30.89x |
| 2025-12-05 | 31.38x |
| 2025-12-04 | 31.29x |
| 2025-12-03 | 31.79x |
| 2025-12-02 | 30.73x |
| 2025-12-01 | 30.80x |
| 2025-11-28 | 30.78x |
| 2025-11-26 | 30.62x |
| 2025-11-25 | 30.33x |
| 2025-11-24 | 29.50x |
| 2025-11-21 | 28.97x |
| 2025-11-20 | 28.16x |
| 2025-11-19 | 29.77x |
| 2025-11-18 | 30.73x |
| 2025-11-17 | 30.89x |
| 2025-11-14 | 31.00x |
| 2025-11-13 | 30.96x |
| 2025-11-12 | 30.35x |
| 2025-11-11 | 29.88x |
| 2025-11-10 | 29.91x |
| 2025-11-07 | 29.73x |
| 2025-11-06 | 30.87x |
| 2025-11-05 | 32.70x |
| 2025-11-04 | 31.01x |
| 2025-11-03 | 31.81x |
| 2025-10-31 | 32.40x |
| 2025-10-30 | 32.44x |
| 2025-10-29 | 32.52x |
| 2025-10-28 | 32.98x |
| 2025-10-27 | 33.36x |
| 2025-10-24 | 34.40x |
| 2025-10-23 | 33.92x |
| 2025-10-22 | 32.62x |
| 2025-10-21 | 32.50x |
| 2025-10-20 | 32.24x |
| 2025-10-17 | 31.71x |
| 2025-10-16 | 31.73x |
| 2025-10-15 | 30.87x |
| 2025-10-14 | 29.67x |
| 2025-10-13 | 29.31x |
| 2025-10-10 | 28.74x |
| 2025-10-09 | 28.84x |
| 2025-10-08 | 29.08x |
| 2025-10-07 | 29.33x |
| 2025-10-06 | 29.77x |
| 2025-10-03 | 29.73x |
| 2025-10-02 | 29.93x |
| 2025-10-01 | 29.87x |
| 2025-09-30 | 29.04x |
| 2025-09-29 | 28.90x |
| 2025-09-26 | 28.84x |
| 2025-09-25 | 28.68x |
| 2025-09-24 | 28.76x |
| 2025-09-23 | 28.32x |
Showing the most recent 260 of 3,221 data points. The chart above shows the full history.
