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 3.92x is 47% below its 5-year average of 7.39x, near the low end of its 5-year range (1.59x–35.92x).
As of Saturday, August 8, 2026. 39.66% below its 12-month average of 6.50x.
EV/EBITDA RATIO
3.92x
EV/EBITDA RATIO AVG TTM
6.50x
EV/EBITDA RATIO AVG 3Y
5.22x
EV/EBITDA RATIO AVG 5Y
5.08x
EV/EBITDA RATIO AVG 10Y
N/A
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-39.66%
CURRENT VS 3Y AVG
-24.88%
CURRENT VS 5Y AVG
-22.79%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
8.20x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-52.20%
vs the sector median at left
Expand Energy Corporation
Market Cap
$21.49B
EV/EBITDA Ratio
3.92x
TTM Avg
6.50x
3Y Avg
5.22x
5Y Avg
5.08x
Market Cap
$23.50B
EV/EBITDA Ratio
31.46x
TTM Avg
38.77x
3Y Avg
37.14x
5Y Avg
33.16x
Market Cap
$24.72B
EV/EBITDA Ratio
5.79x
TTM Avg
5.88x
3Y Avg
5.48x
5Y Avg
6.42x
Market Cap
$30.10B
EV/EBITDA Ratio
5.00x
TTM Avg
4.44x
3Y Avg
4.34x
5Y Avg
5.49x
Market Cap
$32.38B
EV/EBITDA Ratio
11.30x
TTM Avg
12.55x
3Y Avg
17.09x
5Y Avg
17.09x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Expand Energy Corporation (EXE) | $21.49B | 3.92x | 6.50x | 5.22x | 5.08x |
| Texas Pacific Land Corporation (TPL)vs › | $23.50B | 31.46x | 38.77x | 37.14x | 33.16x |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 5.79x | 5.88x | 5.48x | 6.42x |
| Halliburton Company (HAL)vs › | $26.64B | 8.83x | 9.08x | 7.74x | 9.73x |
| Tenaris S.A. (TS)vs › | $28.46B | 9.60x | 8.87x | 6.35x | 7.21x |
| APA Corporation (APA)vs › | $13.30B | 3.42x | 2.80x | 2.87x | 3.29x |
| Devon Energy Corporation (DVN)vs › | $30.10B | 5.00x | 4.44x | 4.34x | 5.49x |
| EQT Corporation (EQT)vs › | $32.33B | 5.65x | 7.26x | 8.15x | 9.97x |
| Venture Global, Inc. (VG)vs › | $32.38B | 11.30x | 12.55x | 17.09x | 17.09x |
| Antero Midstream Corporation (AM)vs › | $10.10B | 14.40x | 13.81x | 12.82x | 12.15x |
At 3.9, EV/EBITDA is in its normal range, sitting higher than 42% of its 5-year history.
5-year low
1.6
median
5.0
5-year high
35.9
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 |
|---|---|
| 2026-08-07 | 3.92x |
| 2026-08-06 | 3.88x |
| 2026-08-05 | 3.84x |
| 2026-08-04 | 3.93x |
| 2026-08-03 | 3.98x |
| 2026-07-31 | 3.96x |
| 2026-07-30 | 3.90x |
| 2026-07-29 | 3.90x |
| 2026-07-28 | 3.76x |
| 2026-07-27 | 3.49x |
| 2026-07-24 | 3.52x |
| 2026-07-23 | 3.53x |
| 2026-07-22 | 3.58x |
| 2026-07-21 | 3.42x |
| 2026-07-20 | 3.37x |
| 2026-07-17 | 3.41x |
| 2026-07-16 | 3.41x |
| 2026-07-15 | 3.39x |
| 2026-07-14 | 3.40x |
| 2026-07-13 | 3.37x |
| 2026-07-10 | 3.38x |
| 2026-07-09 | 3.44x |
| 2026-07-08 | 3.47x |
| 2026-07-07 | 3.46x |
| 2026-07-06 | 3.43x |
| 2026-07-02 | 3.49x |
| 2026-07-01 | 3.46x |
| 2026-06-30 | 3.51x |
| 2026-06-29 | 3.39x |
| 2026-06-26 | 3.42x |
| 2026-06-25 | 3.42x |
| 2026-06-24 | 3.42x |
| 2026-06-23 | 3.43x |
| 2026-06-22 | 3.42x |
| 2026-06-18 | 3.37x |
| 2026-06-17 | 3.38x |
| 2026-06-16 | 3.41x |
| 2026-06-15 | 3.40x |
| 2026-06-12 | 3.43x |
| 2026-06-11 | 3.37x |
| 2026-06-10 | 3.42x |
| 2026-06-09 | 3.43x |
| 2026-06-08 | 3.48x |
| 2026-06-05 | 3.54x |
| 2026-06-04 | 3.59x |
| 2026-06-03 | 3.51x |
| 2026-06-02 | 3.52x |
| 2026-06-01 | 3.54x |
| 2026-05-29 | 3.57x |
| 2026-05-28 | 3.59x |
| 2026-05-27 | 3.56x |
| 2026-05-26 | 3.63x |
| 2026-05-22 | 3.74x |
| 2026-05-21 | 3.73x |
| 2026-05-20 | 3.77x |
| 2026-05-19 | 3.84x |
| 2026-05-18 | 3.76x |
| 2026-05-15 | 3.70x |
| 2026-05-14 | 3.70x |
| 2026-05-13 | 3.66x |
| 2026-05-12 | 3.69x |
| 2026-05-11 | 3.70x |
| 2026-05-08 | 3.67x |
| 2026-05-07 | 3.72x |
| 2026-05-06 | 3.71x |
| 2026-05-05 | 3.80x |
| 2026-05-04 | 3.84x |
| 2026-05-01 | 3.82x |
| 2026-04-30 | 3.88x |
| 2026-04-29 | 3.84x |
| 2026-04-28 | 3.71x |
| 2026-04-27 | 5.23x |
| 2026-04-24 | 5.23x |
| 2026-04-23 | 5.23x |
| 2026-04-22 | 5.23x |
| 2026-04-21 | 5.13x |
| 2026-04-20 | 5.19x |
| 2026-04-17 | 5.20x |
| 2026-04-16 | 5.27x |
| 2026-04-15 | 5.21x |
| 2026-04-14 | 5.20x |
| 2026-04-13 | 5.29x |
| 2026-04-10 | 5.35x |
| 2026-04-09 | 5.37x |
| 2026-04-08 | 5.40x |
| 2026-04-07 | 5.48x |
| 2026-04-06 | 5.56x |
| 2026-04-02 | 5.57x |
| 2026-04-01 | 5.67x |
| 2026-03-31 | 5.84x |
| 2026-03-30 | 5.92x |
| 2026-03-27 | 6.01x |
| 2026-03-26 | 5.90x |
| 2026-03-25 | 6.03x |
| 2026-03-24 | 5.84x |
| 2026-03-23 | 5.74x |
| 2026-03-20 | 5.73x |
| 2026-03-19 | 5.76x |
| 2026-03-18 | 5.65x |
| 2026-03-17 | 5.69x |
| 2026-03-16 | 5.75x |
| 2026-03-13 | 5.72x |
| 2026-03-12 | 5.75x |
| 2026-03-11 | 5.79x |
| 2026-03-10 | 5.61x |
| 2026-03-09 | 5.75x |
| 2026-03-06 | 5.71x |
| 2026-03-05 | 5.70x |
| 2026-03-04 | 5.66x |
| 2026-03-03 | 5.76x |
| 2026-03-02 | 5.78x |
| 2026-02-27 | 5.76x |
| 2026-02-26 | 5.68x |
| 2026-02-25 | 5.67x |
| 2026-02-24 | 5.54x |
| 2026-02-23 | 5.54x |
| 2026-02-20 | 5.76x |
| 2026-02-19 | 5.57x |
| 2026-02-18 | 5.37x |
| 2026-02-17 | 6.92x |
| 2026-02-13 | 6.99x |
| 2026-02-12 | 6.95x |
| 2026-02-11 | 6.95x |
| 2026-02-10 | 6.88x |
| 2026-02-09 | 6.94x |
| 2026-02-06 | 7.35x |
| 2026-02-05 | 7.29x |
| 2026-02-04 | 7.28x |
| 2026-02-03 | 7.24x |
| 2026-02-02 | 7.15x |
| 2026-01-30 | 7.47x |
| 2026-01-29 | 7.32x |
| 2026-01-28 | 7.31x |
| 2026-01-27 | 7.26x |
| 2026-01-26 | 7.46x |
| 2026-01-23 | 7.30x |
| 2026-01-22 | 7.30x |
| 2026-01-21 | 7.30x |
| 2026-01-20 | 7.03x |
| 2026-01-16 | 6.75x |
| 2026-01-15 | 6.73x |
| 2026-01-14 | 6.84x |
| 2026-01-13 | 6.93x |
| 2026-01-12 | 6.92x |
| 2026-01-09 | 6.85x |
| 2026-01-08 | 7.00x |
| 2026-01-07 | 7.14x |
| 2026-01-06 | 7.07x |
| 2026-01-05 | 7.15x |
| 2026-01-02 | 7.32x |
| 2025-12-31 | 7.35x |
| 2025-12-30 | 7.45x |
| 2025-12-29 | 7.43x |
| 2025-12-26 | 7.30x |
| 2025-12-24 | 7.28x |
| 2025-12-23 | 7.40x |
| 2025-12-22 | 7.21x |
| 2025-12-19 | 7.26x |
| 2025-12-18 | 7.20x |
| 2025-12-17 | 7.30x |
| 2025-12-16 | 7.13x |
| 2025-12-15 | 7.36x |
| 2025-12-12 | 7.49x |
| 2025-12-11 | 7.58x |
| 2025-12-10 | 7.71x |
| 2025-12-09 | 7.76x |
| 2025-12-08 | 7.85x |
| 2025-12-05 | 8.06x |
| 2025-12-04 | 8.02x |
| 2025-12-03 | 8.07x |
| 2025-12-02 | 7.77x |
| 2025-12-01 | 7.99x |
| 2025-11-28 | 8.01x |
| 2025-11-26 | 7.83x |
| 2025-11-25 | 7.67x |
| 2025-11-24 | 7.70x |
| 2025-11-21 | 7.62x |
| 2025-11-20 | 7.59x |
| 2025-11-19 | 7.75x |
| 2025-11-18 | 7.74x |
| 2025-11-17 | 7.73x |
| 2025-11-14 | 7.75x |
| 2025-11-13 | 7.78x |
| 2025-11-12 | 7.87x |
| 2025-11-11 | 7.82x |
| 2025-11-10 | 7.61x |
| 2025-11-07 | 7.47x |
| 2025-11-06 | 7.37x |
| 2025-11-05 | 7.33x |
| 2025-11-04 | 7.33x |
| 2025-11-03 | 7.33x |
| 2025-10-31 | 6.95x |
| 2025-10-30 | 6.79x |
| 2025-10-29 | 6.78x |
| 2025-10-28 | 6.82x |
| 2025-10-27 | 10.05x |
| 2025-10-24 | 10.04x |
| 2025-10-23 | 10.10x |
| 2025-10-22 | 10.09x |
| 2025-10-21 | 10.23x |
| 2025-10-20 | 10.30x |
| 2025-10-17 | 9.80x |
| 2025-10-16 | 9.62x |
| 2025-10-15 | 9.99x |
| 2025-10-14 | 9.84x |
| 2025-10-13 | 9.95x |
| 2025-10-10 | 9.88x |
| 2025-10-09 | 10.23x |
| 2025-10-08 | 10.45x |
| 2025-10-07 | 10.47x |
| 2025-10-06 | 10.37x |
| 2025-10-03 | 10.35x |
| 2025-10-02 | 10.38x |
| 2025-10-01 | 10.49x |
| 2025-09-30 | 10.25x |
| 2025-09-29 | 10.29x |
| 2025-09-26 | 10.21x |
| 2025-09-25 | 10.09x |
| 2025-09-24 | 9.99x |
| 2025-09-23 | 9.79x |
| 2025-09-22 | 9.59x |
| 2025-09-19 | 9.61x |
| 2025-09-18 | 9.64x |
| 2025-09-17 | 9.71x |
| 2025-09-16 | 9.53x |
| 2025-09-15 | 9.37x |
| 2025-09-12 | 9.42x |
| 2025-09-11 | 9.39x |
| 2025-09-10 | 9.44x |
| 2025-09-09 | 9.30x |
| 2025-09-08 | 9.28x |
| 2025-09-05 | 9.36x |
| 2025-09-04 | 9.46x |
| 2025-09-03 | 9.49x |
| 2025-09-02 | 9.59x |
| 2025-08-29 | 9.47x |
| 2025-08-28 | 9.51x |
| 2025-08-27 | 9.35x |
| 2025-08-26 | 9.43x |
| 2025-08-25 | 9.29x |
| 2025-08-22 | 9.29x |
| 2025-08-21 | 9.36x |
| 2025-08-20 | 9.24x |
| 2025-08-19 | 9.16x |
| 2025-08-18 | 9.16x |
| 2025-08-15 | 9.33x |
| 2025-08-14 | 9.32x |
| 2025-08-13 | 9.44x |
| 2025-08-12 | 9.39x |
| 2025-08-11 | 9.56x |
| 2025-08-08 | 9.66x |
| 2025-08-07 | 9.73x |
| 2025-08-06 | 9.87x |
| 2025-08-05 | 9.82x |
| 2025-08-04 | 9.83x |
| 2025-08-01 | 9.89x |
| 2025-07-31 | 10.13x |
| 2025-07-30 | 10.08x |
| 2025-07-29 | 9.68x |
| 2025-07-28 | 29.82x |
Showing the most recent 260 of 1,315 data points. The chart above shows the full history.