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 13.77x is in line with its 5-year average of 13.06x, around the middle of its 5-year range (11.20x–15.38x).
As of Wednesday, July 29, 2026. 13.90% above its 12-month average of 12.09x.
EV/EBITDA RATIO
13.77x
EV/EBITDA RATIO AVG TTM
12.09x
EV/EBITDA RATIO AVG 3Y
12.61x
EV/EBITDA RATIO AVG 5Y
13.06x
EV/EBITDA RATIO AVG 10Y
12.46x
EV/EBITDA RATIO AVG 15Y
12.14x
EV/EBITDA RATIO AVG 20Y
11.19x
CURRENT VS TTM AVG
+13.90%
CURRENT VS 3Y AVG
+9.16%
CURRENT VS 5Y AVG
+5.44%
CURRENT VS 10Y AVG
+10.50%
CURRENT VS 15Y AVG
+13.44%
CURRENT VS 20Y AVG
+23.10%
SECTOR MEDIAN · UTILITIES
13.21x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+4.24%
vs the sector median at left
FirstEnergy Corp.
Market Cap
$28.98B
EV/EBITDA Ratio
13.77x
TTM Avg
12.09x
3Y Avg
12.61x
5Y Avg
13.06x
Market Cap
$28.86B
EV/EBITDA Ratio
7.97x
TTM Avg
13.91x
3Y Avg
12.56x
5Y Avg
12.44x
Market Cap
$30.22B
EV/EBITDA Ratio
15.76x
TTM Avg
15.96x
3Y Avg
14.88x
5Y Avg
15.23x
Market Cap
$30.43B
EV/EBITDA Ratio
8.08x
TTM Avg
13.56x
3Y Avg
12.59x
5Y Avg
12.95x
Market Cap
$30.68B
EV/EBITDA Ratio
9.78x
TTM Avg
8.20x
3Y Avg
10.29x
5Y Avg
11.88x
Market Cap
$27.17B
EV/EBITDA Ratio
15.10x
TTM Avg
15.10x
3Y Avg
16.28x
5Y Avg
18.22x
Market Cap
$31.04B
EV/EBITDA Ratio
8.67x
TTM Avg
12.70x
3Y Avg
12.68x
5Y Avg
13.02x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FirstEnergy Corp. (FE) | $28.98B | 13.77x | 12.09x | 12.61x | 13.06x |
| CenterPoint Energy, Inc. (CNP)vs › | $28.86B | 7.97x | 13.91x | 12.56x | 12.44x |
| Eversource Energy (ES)vs › | $28.30B | 10.57x | 10.32x | 12.23x | 12.98x |
| Atmos Energy Corporation (ATO)vs › | $30.22B | 15.76x | 15.96x | 14.88x | 15.23x |
| DTE Energy Company (DTE)vs › | $30.43B | 8.08x | 13.56x | 12.59x | 12.95x |
| PPL Corporation (PPL)vs › | $27.49B | 12.72x | 13.04x | 12.67x | 12.27x |
| Edison International (EIX)vs › | $30.68B | 9.78x | 8.20x | 10.29x | 11.88x |
| American Water Works Company, Inc. (AWK)vs › | $27.17B | 15.10x | 15.10x | 16.28x | 18.22x |
| Ameren Corporation (AEE)vs › | $31.04B | 8.67x | 12.70x | 12.68x | 13.02x |
| NRG Energy, Inc. (NRG)vs › | $26.57B | 16.33x | 13.50x | 10.68x | 8.04x |
At 13.8, EV/EBITDA is richer than usual, sitting higher than 80% of its 20-year history.
20-year low
5.5
median
11.8
20-year high
24.1
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 |
|---|---|
| 2026-07-28 | 13.77x |
| 2026-07-27 | 12.65x |
| 2026-07-24 | 12.73x |
| 2026-07-23 | 12.68x |
| 2026-07-22 | 12.65x |
| 2026-07-21 | 12.53x |
| 2026-07-20 | 12.55x |
| 2026-07-17 | 12.55x |
| 2026-07-16 | 12.63x |
| 2026-07-15 | 12.57x |
| 2026-07-14 | 12.64x |
| 2026-07-13 | 12.54x |
| 2026-07-10 | 12.47x |
| 2026-07-09 | 12.43x |
| 2026-07-08 | 12.50x |
| 2026-07-07 | 12.53x |
| 2026-07-06 | 12.44x |
| 2026-07-02 | 12.55x |
| 2026-07-01 | 12.36x |
| 2026-06-30 | 12.42x |
| 2026-06-29 | 12.49x |
| 2026-06-26 | 12.54x |
| 2026-06-25 | 12.48x |
| 2026-06-24 | 12.46x |
| 2026-06-23 | 12.41x |
| 2026-06-22 | 12.32x |
| 2026-06-18 | 12.28x |
| 2026-06-17 | 12.24x |
| 2026-06-16 | 12.44x |
| 2026-06-15 | 12.40x |
| 2026-06-12 | 12.36x |
| 2026-06-11 | 12.31x |
| 2026-06-10 | 12.28x |
| 2026-06-09 | 12.21x |
| 2026-06-08 | 12.19x |
| 2026-06-05 | 12.28x |
| 2026-06-04 | 12.18x |
| 2026-06-03 | 12.16x |
| 2026-06-02 | 12.13x |
| 2026-06-01 | 12.14x |
| 2026-05-29 | 12.27x |
| 2026-05-28 | 12.25x |
| 2026-05-27 | 12.32x |
| 2026-05-26 | 12.31x |
| 2026-05-22 | 12.26x |
| 2026-05-21 | 12.16x |
| 2026-05-20 | 12.15x |
| 2026-05-19 | 12.10x |
| 2026-05-18 | 12.00x |
| 2026-05-15 | 11.94x |
| 2026-05-14 | 12.03x |
| 2026-05-13 | 11.98x |
| 2026-05-12 | 12.06x |
| 2026-05-11 | 12.04x |
| 2026-05-08 | 12.01x |
| 2026-05-07 | 12.12x |
| 2026-05-06 | 12.16x |
| 2026-05-05 | 12.21x |
| 2026-05-04 | 12.32x |
| 2026-05-01 | 12.34x |
| 2026-04-30 | 12.42x |
| 2026-04-29 | 12.60x |
| 2026-04-28 | 12.69x |
| 2026-04-27 | 12.66x |
| 2026-04-24 | 12.65x |
| 2026-04-23 | 12.68x |
| 2026-04-22 | 12.53x |
| 2026-04-21 | 12.54x |
| 2026-04-20 | 12.66x |
| 2026-04-17 | 12.75x |
| 2026-04-16 | 12.81x |
| 2026-04-15 | 12.81x |
| 2026-04-14 | 12.87x |
| 2026-04-13 | 12.87x |
| 2026-04-10 | 12.92x |
| 2026-04-09 | 12.98x |
| 2026-04-08 | 12.92x |
| 2026-04-07 | 12.86x |
| 2026-04-06 | 12.87x |
| 2026-04-02 | 12.91x |
| 2026-04-01 | 12.86x |
| 2026-03-31 | 12.82x |
| 2026-03-30 | 12.79x |
| 2026-03-27 | 12.74x |
| 2026-03-26 | 12.74x |
| 2026-03-25 | 12.67x |
| 2026-03-24 | 12.62x |
| 2026-03-23 | 12.57x |
| 2026-03-20 | 12.54x |
| 2026-03-19 | 12.69x |
| 2026-03-18 | 12.82x |
| 2026-03-17 | 12.89x |
| 2026-03-16 | 12.96x |
| 2026-03-13 | 12.89x |
| 2026-03-12 | 12.84x |
| 2026-03-11 | 12.82x |
| 2026-03-10 | 12.82x |
| 2026-03-09 | 12.86x |
| 2026-03-06 | 12.84x |
| 2026-03-05 | 12.77x |
| 2026-03-04 | 12.84x |
| 2026-03-03 | 12.81x |
| 2026-03-02 | 12.86x |
| 2026-02-27 | 12.89x |
| 2026-02-26 | 12.82x |
| 2026-02-25 | 12.82x |
| 2026-02-24 | 12.82x |
| 2026-02-23 | 12.79x |
| 2026-02-20 | 12.76x |
| 2026-02-19 | 12.68x |
| 2026-02-18 | 12.59x |
| 2026-02-17 | 12.31x |
| 2026-02-13 | 12.41x |
| 2026-02-12 | 12.25x |
| 2026-02-11 | 12.13x |
| 2026-02-10 | 12.09x |
| 2026-02-09 | 11.98x |
| 2026-02-06 | 11.96x |
| 2026-02-05 | 12.01x |
| 2026-02-04 | 11.93x |
| 2026-02-03 | 11.99x |
| 2026-02-02 | 12.01x |
| 2026-01-30 | 12.05x |
| 2026-01-29 | 12.05x |
| 2026-01-28 | 12.06x |
| 2026-01-27 | 12.07x |
| 2026-01-26 | 11.98x |
| 2026-01-23 | 11.95x |
| 2026-01-22 | 12.01x |
| 2026-01-21 | 12.06x |
| 2026-01-20 | 12.04x |
| 2026-01-16 | 12.05x |
| 2026-01-15 | 11.95x |
| 2026-01-14 | 11.90x |
| 2026-01-13 | 11.78x |
| 2026-01-12 | 11.71x |
| 2026-01-09 | 11.70x |
| 2026-01-08 | 11.71x |
| 2026-01-07 | 11.69x |
| 2026-01-06 | 11.72x |
| 2026-01-05 | 11.72x |
| 2026-01-02 | 11.78x |
| 2025-12-31 | 11.72x |
| 2025-12-30 | 11.74x |
| 2025-12-29 | 11.73x |
| 2025-12-26 | 11.73x |
| 2025-12-24 | 11.73x |
| 2025-12-23 | 11.70x |
| 2025-12-22 | 11.67x |
| 2025-12-19 | 11.65x |
| 2025-12-18 | 11.70x |
| 2025-12-17 | 11.68x |
| 2025-12-16 | 11.62x |
| 2025-12-15 | 11.69x |
| 2025-12-12 | 11.65x |
| 2025-12-11 | 11.63x |
| 2025-12-10 | 11.67x |
| 2025-12-09 | 11.72x |
| 2025-12-08 | 11.71x |
| 2025-12-05 | 11.73x |
| 2025-12-04 | 11.76x |
| 2025-12-03 | 11.78x |
| 2025-12-02 | 11.83x |
| 2025-12-01 | 11.93x |
| 2025-11-28 | 12.10x |
| 2025-11-26 | 12.05x |
| 2025-11-25 | 12.00x |
| 2025-11-24 | 12.05x |
| 2025-11-21 | 11.99x |
| 2025-11-20 | 11.95x |
| 2025-11-19 | 11.91x |
| 2025-11-18 | 11.96x |
| 2025-11-17 | 11.95x |
| 2025-11-14 | 11.87x |
| 2025-11-13 | 11.84x |
| 2025-11-12 | 11.92x |
| 2025-11-11 | 11.91x |
| 2025-11-10 | 11.89x |
| 2025-11-07 | 11.86x |
| 2025-11-06 | 11.86x |
| 2025-11-05 | 11.84x |
| 2025-11-04 | 11.90x |
| 2025-11-03 | 11.88x |
| 2025-10-31 | 11.85x |
| 2025-10-30 | 11.91x |
| 2025-10-29 | 11.85x |
| 2025-10-28 | 11.90x |
| 2025-10-27 | 11.83x |
| 2025-10-24 | 11.86x |
| 2025-10-23 | 11.84x |
| 2025-10-22 | 11.94x |
| 2025-10-21 | 11.91x |
| 2025-10-20 | 11.93x |
| 2025-10-17 | 11.90x |
| 2025-10-16 | 11.88x |
| 2025-10-15 | 11.99x |
| 2025-10-14 | 11.97x |
| 2025-10-13 | 11.90x |
| 2025-10-10 | 11.89x |
| 2025-10-09 | 11.86x |
| 2025-10-08 | 11.86x |
| 2025-10-07 | 11.83x |
| 2025-10-06 | 11.82x |
| 2025-10-03 | 11.76x |
| 2025-10-02 | 11.70x |
| 2025-10-01 | 11.77x |
| 2025-09-30 | 11.75x |
| 2025-09-29 | 11.70x |
| 2025-09-26 | 11.70x |
| 2025-09-25 | 11.54x |
| 2025-09-24 | 11.52x |
| 2025-09-23 | 11.48x |
| 2025-09-22 | 11.42x |
| 2025-09-19 | 11.41x |
| 2025-09-18 | 11.44x |
| 2025-09-17 | 11.44x |
| 2025-09-16 | 11.39x |
| 2025-09-15 | 11.46x |
| 2025-09-12 | 11.48x |
| 2025-09-11 | 11.46x |
| 2025-09-10 | 11.41x |
| 2025-09-09 | 11.43x |
| 2025-09-08 | 11.42x |
| 2025-09-05 | 11.44x |
| 2025-09-04 | 11.44x |
| 2025-09-03 | 11.43x |
| 2025-09-02 | 11.44x |
| 2025-08-29 | 11.46x |
| 2025-08-28 | 11.45x |
| 2025-08-27 | 11.48x |
| 2025-08-26 | 11.46x |
| 2025-08-25 | 11.46x |
| 2025-08-22 | 11.48x |
| 2025-08-21 | 11.44x |
| 2025-08-20 | 11.46x |
| 2025-08-19 | 11.43x |
| 2025-08-18 | 11.36x |
| 2025-08-15 | 11.44x |
| 2025-08-14 | 11.47x |
| 2025-08-13 | 11.50x |
| 2025-08-12 | 11.46x |
| 2025-08-11 | 11.42x |
| 2025-08-08 | 11.41x |
| 2025-08-07 | 11.44x |
| 2025-08-06 | 11.44x |
| 2025-08-05 | 11.45x |
| 2025-08-04 | 11.49x |
| 2025-08-01 | 11.40x |
| 2025-07-31 | 11.34x |
| 2025-07-30 | 11.22x |
| 2025-07-29 | 11.48x |
| 2025-07-28 | 11.43x |
| 2025-07-25 | 11.50x |
| 2025-07-24 | 11.43x |
| 2025-07-23 | 11.40x |
| 2025-07-22 | 11.45x |
| 2025-07-21 | 11.38x |
| 2025-07-18 | 11.34x |
| 2025-07-17 | 11.31x |
| 2025-07-16 | 11.28x |
Showing the most recent 260 of 4,779 data points. The chart above shows the full history.