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 18.87x is 13% below its estimated 5-year average of 21.73x, near the low end of its estimated 5-year range (18.14x–28.47x).
As of 2026-09-14T22:05:40.835Z. 0.73% below its estimated 12-month average of 19.01x.
Calculation as of: 2026-09-14T22:05:40.835Z.
Quote observation: 2026-09-14T19:59:58.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 1ccef72213968d71105b73a365c0c2aa39de6dce4a779bdb52a59a56a14bc866
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
18.87x
EV/EBIT RATIO AVG TTM
19.01x
EV/EBIT RATIO AVG 3Y
19.94x
EV/EBIT RATIO AVG 5Y
21.73x
EV/EBIT RATIO AVG 10Y
20.46x
EV/EBIT RATIO AVG 15Y
20.52x
EV/EBIT RATIO AVG 20Y
18.61x
CURRENT VS TTM AVG
-0.73%
CURRENT VS 3Y AVG
-5.36%
CURRENT VS 5Y AVG
-13.15%
CURRENT VS 10Y AVG
-7.78%
CURRENT VS 15Y AVG
-8.03%
CURRENT VS 20Y AVG
+1.39%
SECTOR MEDIAN · UTILITIES
22.27x
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
-15.27%
vs the sector median at left
Market Cap
$27.35B
EV/EBIT Ratio
20.38x
TTM Avg
23.15x
3Y Avg
22.21x
5Y Avg
23.18x
Market Cap
$25.46B
EV/EBIT Ratio
22.58x
TTM Avg
24.07x
3Y Avg
22.11x
5Y Avg
22.55x
Market Cap
$27.61B
EV/EBIT Ratio
22.27x
TTM Avg
21.98x
3Y Avg
23.72x
5Y Avg
26.83x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FirstEnergy Corp. (FE) | $26.52B | 18.87x | 19.01x | 19.94x | 21.73x |
| DTE Energy Company (DTE)vs › | $27.29B | 27.44x | 25.80x | 23.23x | 24.15x |
| Eversource Energy (ES)vs › | $25.70B | 17.17x | 18.68x | 19.17x | 20.92x |
| Atmos Energy Corporation (ATO)vs › | $27.35B | 20.38x | 23.15x | 22.21x | 23.18x |
| CenterPoint Energy, Inc. (CNP)vs › | $25.46B | 22.58x | 24.07x | 22.11x | 22.55x |
| American Water Works Company, Inc. (AWK)vs › | $27.61B | 22.27x | 21.98x | 23.72x | 26.83x |
| PPL Corporation (PPL)vs › | $25.43B | 19.91x | 21.58x | 22.22x | 21.89x |
| Ameren Corporation (AEE)vs › | $28.77B | 23.24x | 25.61x | 25.61x | 25.87x |
| NRG Energy, Inc. (NRG)vs › | $22.89B | 23.36x | 30.06x | 23.89x | 16.59x |
| Edison International (EIX)vs › | $21.60B | 14.43x | 14.09x | 19.74x | 26.90x |
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 | 18.93x |
| 2026-09-10 | 18.96x |
| 2026-09-09 | 18.95x |
| 2026-09-08 | 19.00x |
| 2026-09-04 | 19.06x |
| 2026-09-03 | 19.11x |
| 2026-09-02 | 18.97x |
| 2026-09-01 | 18.94x |
| 2026-08-31 | 18.88x |
| 2026-08-28 | 18.89x |
| 2026-08-27 | 18.96x |
| 2026-08-26 | 19.05x |
| 2026-08-25 | 19.03x |
| 2026-08-24 | 19.02x |
| 2026-08-21 | 18.90x |
| 2026-08-20 | 19.14x |
| 2026-08-19 | 19.16x |
| 2026-08-18 | 19.16x |
| 2026-08-17 | 19.19x |
| 2026-08-14 | 19.19x |
| 2026-08-13 | 19.07x |
| 2026-08-12 | 19.11x |
| 2026-08-11 | 19.07x |
| 2026-08-10 | 19.06x |
| 2026-08-07 | 19.20x |
| 2026-08-06 | 19.18x |
| 2026-08-05 | 19.26x |
| 2026-08-04 | 19.36x |
| 2026-08-03 | 19.39x |
| 2026-07-31 | 19.36x |
| 2026-07-30 | 19.44x |
| 2026-07-29 | 19.53x |
| 2026-07-28 | 19.53x |
| 2026-07-27 | 19.47x |
| 2026-07-24 | 19.59x |
| 2026-07-23 | 19.50x |
| 2026-07-22 | 19.47x |
| 2026-07-21 | 19.28x |
| 2026-07-20 | 19.31x |
| 2026-07-17 | 19.31x |
| 2026-07-16 | 19.42x |
| 2026-07-15 | 19.33x |
| 2026-07-14 | 19.45x |
| 2026-07-13 | 19.29x |
| 2026-07-10 | 19.19x |
| 2026-07-09 | 19.13x |
| 2026-07-08 | 19.22x |
| 2026-07-07 | 19.28x |
| 2026-07-06 | 19.14x |
| 2026-07-02 | 19.31x |
| 2026-07-01 | 19.02x |
| 2026-06-30 | 19.11x |
| 2026-06-29 | 19.21x |
| 2026-06-26 | 19.30x |
| 2026-06-25 | 19.20x |
| 2026-06-24 | 19.17x |
| 2026-06-23 | 19.09x |
| 2026-06-22 | 18.95x |
| 2026-06-18 | 18.89x |
| 2026-06-17 | 18.83x |
| 2026-06-16 | 19.14x |
| 2026-06-15 | 19.07x |
| 2026-06-12 | 19.01x |
| 2026-06-11 | 18.94x |
| 2026-06-10 | 18.89x |
| 2026-06-09 | 18.78x |
| 2026-06-08 | 18.75x |
| 2026-06-05 | 18.89x |
| 2026-06-04 | 18.73x |
| 2026-06-03 | 18.71x |
| 2026-06-02 | 18.67x |
| 2026-06-01 | 18.68x |
| 2026-05-29 | 18.88x |
| 2026-05-28 | 18.84x |
| 2026-05-27 | 18.96x |
| 2026-05-26 | 18.93x |
| 2026-05-22 | 18.86x |
| 2026-05-21 | 18.70x |
| 2026-05-20 | 18.69x |
| 2026-05-19 | 18.62x |
| 2026-05-18 | 18.47x |
| 2026-05-15 | 18.37x |
| 2026-05-14 | 18.50x |
| 2026-05-13 | 18.43x |
| 2026-05-12 | 18.55x |
| 2026-05-11 | 18.52x |
| 2026-05-08 | 18.47x |
| 2026-05-07 | 18.64x |
| 2026-05-06 | 18.71x |
| 2026-05-05 | 18.78x |
| 2026-05-04 | 18.96x |
| 2026-05-01 | 18.99x |
| 2026-04-30 | 19.11x |
| 2026-04-29 | 19.39x |
| 2026-04-28 | 19.64x |
| 2026-04-27 | 19.61x |
| 2026-04-24 | 19.60x |
| 2026-04-23 | 19.64x |
| 2026-04-22 | 19.40x |
| 2026-04-21 | 19.42x |
| 2026-04-20 | 19.61x |
| 2026-04-17 | 19.74x |
| 2026-04-16 | 19.84x |
| 2026-04-15 | 19.83x |
| 2026-04-14 | 19.93x |
| 2026-04-13 | 19.94x |
| 2026-04-10 | 20.01x |
| 2026-04-09 | 20.11x |
| 2026-04-08 | 20.01x |
| 2026-04-07 | 19.93x |
| 2026-04-06 | 19.93x |
| 2026-04-02 | 19.99x |
| 2026-04-01 | 19.92x |
| 2026-03-31 | 19.86x |
| 2026-03-30 | 19.81x |
| 2026-03-27 | 19.73x |
| 2026-03-26 | 19.73x |
| 2026-03-25 | 19.62x |
| 2026-03-24 | 19.55x |
| 2026-03-23 | 19.47x |
| 2026-03-20 | 19.42x |
| 2026-03-19 | 19.66x |
| 2026-03-18 | 19.86x |
| 2026-03-17 | 19.97x |
| 2026-03-16 | 20.08x |
| 2026-03-13 | 19.96x |
| 2026-03-12 | 19.89x |
| 2026-03-11 | 19.85x |
| 2026-03-10 | 19.86x |
| 2026-03-09 | 19.92x |
| 2026-03-06 | 19.89x |
| 2026-03-05 | 19.79x |
| 2026-03-04 | 19.88x |
| 2026-03-03 | 19.84x |
| 2026-03-02 | 19.92x |
| 2026-02-27 | 19.96x |
| 2026-02-26 | 19.85x |
| 2026-02-25 | 19.85x |
| 2026-02-24 | 19.85x |
| 2026-02-23 | 19.81x |
| 2026-02-20 | 19.76x |
| 2026-02-19 | 19.63x |
| 2026-02-18 | 19.14x |
| 2026-02-17 | 19.23x |
| 2026-02-13 | 19.38x |
| 2026-02-12 | 19.12x |
| 2026-02-11 | 18.94x |
| 2026-02-10 | 18.88x |
| 2026-02-09 | 18.71x |
| 2026-02-06 | 18.67x |
| 2026-02-05 | 18.75x |
| 2026-02-04 | 18.63x |
| 2026-02-03 | 18.73x |
| 2026-02-02 | 18.75x |
| 2026-01-30 | 18.82x |
| 2026-01-29 | 18.81x |
| 2026-01-28 | 18.83x |
| 2026-01-27 | 18.85x |
| 2026-01-26 | 18.70x |
| 2026-01-23 | 18.66x |
| 2026-01-22 | 18.76x |
| 2026-01-21 | 18.82x |
| 2026-01-20 | 18.80x |
| 2026-01-16 | 18.82x |
| 2026-01-15 | 18.66x |
| 2026-01-14 | 18.57x |
| 2026-01-13 | 18.40x |
| 2026-01-12 | 18.28x |
| 2026-01-09 | 18.27x |
| 2026-01-08 | 18.28x |
| 2026-01-07 | 18.25x |
| 2026-01-06 | 18.31x |
| 2026-01-05 | 18.29x |
| 2026-01-02 | 18.39x |
| 2025-12-31 | 18.29x |
| 2025-12-30 | 18.33x |
| 2025-12-29 | 18.32x |
| 2025-12-26 | 18.31x |
| 2025-12-24 | 18.31x |
| 2025-12-23 | 18.27x |
| 2025-12-22 | 18.22x |
| 2025-12-19 | 18.18x |
| 2025-12-18 | 18.26x |
| 2025-12-17 | 18.24x |
| 2025-12-16 | 18.14x |
| 2025-12-15 | 18.26x |
| 2025-12-12 | 18.19x |
| 2025-12-11 | 18.15x |
| 2025-12-10 | 18.22x |
| 2025-12-09 | 18.29x |
| 2025-12-08 | 18.29x |
| 2025-12-05 | 18.32x |
| 2025-12-04 | 18.37x |
| 2025-12-03 | 18.39x |
| 2025-12-02 | 18.47x |
| 2025-12-01 | 18.63x |
| 2025-11-28 | 18.89x |
| 2025-11-26 | 18.82x |
| 2025-11-25 | 18.73x |
| 2025-11-24 | 18.82x |
| 2025-11-21 | 18.73x |
| 2025-11-20 | 18.66x |
| 2025-11-19 | 18.59x |
| 2025-11-18 | 18.67x |
| 2025-11-17 | 18.66x |
| 2025-11-14 | 18.53x |
| 2025-11-13 | 18.48x |
| 2025-11-12 | 18.61x |
| 2025-11-11 | 18.60x |
| 2025-11-10 | 18.57x |
| 2025-11-07 | 18.52x |
| 2025-11-06 | 18.52x |
| 2025-11-05 | 18.48x |
| 2025-11-04 | 18.57x |
| 2025-11-03 | 18.55x |
| 2025-10-31 | 18.51x |
| 2025-10-30 | 18.59x |
| 2025-10-29 | 18.50x |
| 2025-10-28 | 18.95x |
| 2025-10-27 | 19.01x |
| 2025-10-24 | 19.05x |
| 2025-10-23 | 19.03x |
| 2025-10-22 | 19.19x |
| 2025-10-21 | 19.15x |
| 2025-10-20 | 19.18x |
| 2025-10-17 | 19.12x |
| 2025-10-16 | 19.09x |
| 2025-10-15 | 19.28x |
| 2025-10-14 | 19.24x |
| 2025-10-13 | 19.12x |
| 2025-10-10 | 19.11x |
| 2025-10-09 | 19.06x |
| 2025-10-08 | 19.06x |
| 2025-10-07 | 19.01x |
| 2025-10-06 | 19.00x |
| 2025-10-03 | 18.90x |
| 2025-10-02 | 18.80x |
| 2025-10-01 | 18.91x |
| 2025-09-30 | 18.88x |
| 2025-09-29 | 18.79x |
| 2025-09-26 | 18.80x |
| 2025-09-25 | 18.55x |
| 2025-09-24 | 18.51x |
| 2025-09-23 | 18.45x |
| 2025-09-22 | 18.36x |
| 2025-09-19 | 18.33x |
| 2025-09-18 | 18.38x |
| 2025-09-17 | 18.38x |
| 2025-09-16 | 18.30x |
| 2025-09-15 | 18.41x |
| 2025-09-12 | 18.45x |
| 2025-09-11 | 18.41x |
| 2025-09-10 | 18.34x |
| 2025-09-09 | 18.36x |
| 2025-09-08 | 18.35x |
| 2025-09-05 | 18.39x |
| 2025-09-04 | 18.38x |
| 2025-09-03 | 18.37x |
| 2025-09-02 | 18.38x |
| 2025-08-29 | 18.42x |
Showing the most recent 260 of 4,781 data points. The chart above shows the full history.
