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 23.79x is 65% below its estimated 5-year average of 67.57x, near the low end of its estimated 5-year range (21.70x–386.47x).
As of 2026-10-06T14:42:12.386Z. 8.75% below its estimated 12-month average of 26.07x.
Calculation as of: 2026-10-06T14:42:12.386Z.
Quote observation: 2026-10-06T14:40:24.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 16db4d612901c442e19fcf3bc9e492c9917e5a2542fad034f02ad0aea7e3a647
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/EBIT RATIO
23.79x
EV/EBIT RATIO AVG TTM
26.07x
EV/EBIT RATIO AVG 3Y
43.43x
EV/EBIT RATIO AVG 5Y
67.57x
EV/EBIT RATIO AVG 10Y
59.46x
EV/EBIT RATIO AVG 15Y
N/A
EV/EBIT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-8.75%
CURRENT VS 3Y AVG
-45.23%
CURRENT VS 5Y AVG
-64.79%
CURRENT VS 10Y AVG
-59.99%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
22.35x
median of 163 covered companies
CURRENT VS SECTOR MEDIAN
+6.44%
vs the sector median at left
HealthEquity, Inc.
Market Cap
$7.58B
EV/EBIT Ratio
23.79x
TTM Avg
26.07x
3Y Avg
43.43x
5Y Avg
67.57x
Market Cap
$7.61B
EV/EBIT Ratio
N/A
TTM Avg
260.19x
3Y Avg
260.19x
5Y Avg
260.19x
Market Cap
$7.53B
EV/EBIT Ratio
77.35x
TTM Avg
77.57x
3Y Avg
176.68x
5Y Avg
176.68x
Market Cap
$7.29B
EV/EBIT Ratio
N/A
TTM Avg
860.73x
3Y Avg
332.81x
5Y Avg
269.88x
Market Cap
$8.18B
EV/EBIT Ratio
51.78x
TTM Avg
45.18x
3Y Avg
45.18x
5Y Avg
45.18x
Market Cap
$8.47B
EV/EBIT Ratio
7.73x
TTM Avg
269.89x
3Y Avg
133.90x
5Y Avg
133.90x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HealthEquity, Inc. (HQY) | $7.58B | 23.79x | 26.07x | 43.43x | 67.57x |
| Cytokinetics, Incorporated (CYTK)vs › | $7.61B | N/A | 260.19x | 260.19x | 260.19x |
| Hinge Health, Inc. (HNGE)vs › | $7.53B | 77.35x | 77.57x | 176.68x | 176.68x |
| Ionis Pharmaceuticals, Inc. (IONS)vs › | $7.29B | N/A | 860.73x | 332.81x | 269.88x |
| Caris Life Sciences, Inc. (CAI)vs › | $8.18B | 51.78x | 45.18x | 45.18x | 45.18x |
| Alkermes plc (ALKS)vs › | $6.94B | 68.20x | 33.08x | 18.53x | 18.91x |
| Oscar Health, Inc. (OSCR)vs › | $8.47B | 7.73x | 269.89x | 133.90x | 133.90x |
| Kymera Therapeutics, Inc. (KYMR)vs › | $8.40B | N/A | N/A | N/A | N/A |
| Chemed Corporation (CHE)vs › | $6.67B | 19.94x | 18.72x | 22.18x | 22.20x |
| Immunovant, Inc. (IMVT)vs › | $6.62B | N/A | N/A | N/A | N/A |
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 |
|---|---|
| 2026-10-05 | 24.10x |
| 2026-10-02 | 23.73x |
| 2026-10-01 | 23.57x |
| 2026-09-30 | 23.35x |
| 2026-09-29 | 23.06x |
| 2026-09-28 | 23.35x |
| 2026-09-25 | 23.30x |
| 2026-09-24 | 23.39x |
| 2026-09-23 | 23.82x |
| 2026-09-22 | 24.14x |
| 2026-09-21 | 24.81x |
| 2026-09-18 | 24.96x |
| 2026-09-17 | 24.81x |
| 2026-09-16 | 25.17x |
| 2026-09-15 | 25.29x |
| 2026-09-14 | 25.18x |
| 2026-09-11 | 25.23x |
| 2026-09-10 | 24.82x |
| 2026-09-09 | 24.36x |
| 2026-09-08 | 24.53x |
| 2026-09-04 | 25.18x |
| 2026-09-03 | 25.84x |
| 2026-09-02 | 25.78x |
| 2026-09-01 | 25.41x |
| 2026-08-31 | 25.30x |
| 2026-08-28 | 25.26x |
| 2026-08-27 | 25.39x |
| 2026-08-26 | 28.14x |
| 2026-08-25 | 28.38x |
| 2026-08-24 | 28.38x |
| 2026-08-21 | 28.38x |
| 2026-08-20 | 28.10x |
| 2026-08-19 | 28.02x |
| 2026-08-18 | 27.73x |
| 2026-08-17 | 27.61x |
| 2026-08-14 | 28.21x |
| 2026-08-13 | 28.43x |
| 2026-08-12 | 28.40x |
| 2026-08-11 | 28.42x |
| 2026-08-10 | 28.73x |
| 2026-08-07 | 28.19x |
| 2026-08-06 | 27.89x |
| 2026-08-05 | 28.13x |
| 2026-08-04 | 28.27x |
| 2026-08-03 | 28.12x |
| 2026-07-31 | 27.19x |
| 2026-07-30 | 27.28x |
| 2026-07-29 | 28.06x |
| 2026-07-28 | 27.34x |
| 2026-07-27 | 26.80x |
| 2026-07-24 | 25.70x |
| 2026-07-23 | 25.62x |
| 2026-07-22 | 26.02x |
| 2026-07-21 | 26.48x |
| 2026-07-20 | 26.75x |
| 2026-07-17 | 26.45x |
| 2026-07-16 | 26.71x |
| 2026-07-15 | 25.80x |
| 2026-07-14 | 25.66x |
| 2026-07-13 | 25.95x |
| 2026-07-10 | 25.64x |
| 2026-07-09 | 25.74x |
| 2026-07-08 | 25.72x |
| 2026-07-07 | 26.28x |
| 2026-07-06 | 26.18x |
| 2026-07-02 | 25.86x |
| 2026-07-01 | 25.11x |
| 2026-06-30 | 24.62x |
| 2026-06-29 | 24.00x |
| 2026-06-26 | 24.16x |
| 2026-06-25 | 22.90x |
| 2026-06-24 | 23.29x |
| 2026-06-23 | 23.27x |
| 2026-06-22 | 23.20x |
| 2026-06-18 | 23.35x |
| 2026-06-17 | 23.63x |
| 2026-06-16 | 23.46x |
| 2026-06-15 | 23.79x |
| 2026-06-12 | 24.13x |
| 2026-06-11 | 24.28x |
| 2026-06-10 | 24.47x |
| 2026-06-09 | 24.35x |
| 2026-06-08 | 24.00x |
| 2026-06-05 | 24.21x |
| 2026-06-04 | 23.55x |
| 2026-06-03 | 23.35x |
| 2026-06-02 | 24.13x |
| 2026-06-01 | 24.70x |
| 2026-05-29 | 24.04x |
| 2026-05-28 | 26.67x |
| 2026-05-27 | 25.60x |
| 2026-05-26 | 25.79x |
| 2026-05-22 | 26.02x |
| 2026-05-21 | 25.56x |
| 2026-05-20 | 25.87x |
| 2026-05-19 | 25.08x |
| 2026-05-18 | 24.64x |
| 2026-05-15 | 24.41x |
| 2026-05-14 | 24.45x |
| 2026-05-13 | 24.41x |
| 2026-05-12 | 23.94x |
| 2026-05-11 | 24.27x |
| 2026-05-08 | 25.13x |
| 2026-05-07 | 24.90x |
| 2026-05-06 | 24.70x |
| 2026-05-05 | 24.53x |
| 2026-05-04 | 24.41x |
| 2026-05-01 | 24.47x |
| 2026-04-30 | 24.37x |
| 2026-04-29 | 24.22x |
| 2026-04-28 | 24.14x |
| 2026-04-27 | 24.77x |
| 2026-04-24 | 24.48x |
| 2026-04-23 | 23.21x |
| 2026-04-22 | 24.60x |
| 2026-04-21 | 24.98x |
| 2026-04-20 | 25.54x |
| 2026-04-17 | 25.46x |
| 2026-04-16 | 25.05x |
| 2026-04-15 | 24.81x |
| 2026-04-14 | 24.19x |
| 2026-04-13 | 23.79x |
| 2026-04-10 | 23.27x |
| 2026-04-09 | 24.96x |
| 2026-04-08 | 24.35x |
| 2026-04-07 | 24.11x |
| 2026-04-06 | 24.75x |
| 2026-04-02 | 25.09x |
| 2026-04-01 | 24.74x |
| 2026-03-31 | 24.79x |
| 2026-03-30 | 24.22x |
| 2026-03-27 | 24.50x |
| 2026-03-26 | 24.86x |
| 2026-03-25 | 24.49x |
| 2026-03-24 | 24.39x |
| 2026-03-23 | 24.26x |
| 2026-03-20 | 24.10x |
| 2026-03-19 | 24.12x |
| 2026-03-18 | 23.70x |
| 2026-03-17 | 23.34x |
| 2026-03-16 | 23.15x |
| 2026-03-13 | 22.92x |
| 2026-03-12 | 22.65x |
| 2026-03-11 | 23.12x |
| 2026-03-10 | 23.10x |
| 2026-03-09 | 23.51x |
| 2026-03-06 | 23.07x |
| 2026-03-05 | 23.49x |
| 2026-03-04 | 23.81x |
| 2026-03-03 | 23.62x |
| 2026-03-02 | 22.95x |
| 2026-02-27 | 22.57x |
| 2026-02-26 | 22.81x |
| 2026-02-25 | 22.32x |
| 2026-02-24 | 22.41x |
| 2026-02-23 | 22.40x |
| 2026-02-20 | 23.21x |
| 2026-02-19 | 23.21x |
| 2026-02-18 | 22.73x |
| 2026-02-17 | 22.00x |
| 2026-02-13 | 21.87x |
| 2026-02-12 | 21.70x |
| 2026-02-11 | 22.68x |
| 2026-02-10 | 23.06x |
| 2026-02-09 | 23.31x |
| 2026-02-06 | 23.36x |
| 2026-02-05 | 23.30x |
| 2026-02-04 | 23.86x |
| 2026-02-03 | 24.07x |
| 2026-02-02 | 25.39x |
| 2026-01-30 | 25.01x |
| 2026-01-29 | 24.45x |
| 2026-01-28 | 24.26x |
| 2026-01-27 | 24.31x |
| 2026-01-26 | 24.92x |
| 2026-01-23 | 24.60x |
| 2026-01-22 | 25.21x |
| 2026-01-21 | 24.73x |
| 2026-01-20 | 24.57x |
| 2026-01-16 | 24.93x |
| 2026-01-15 | 25.35x |
| 2026-01-14 | 24.99x |
| 2026-01-13 | 24.64x |
| 2026-01-12 | 24.72x |
| 2026-01-09 | 27.27x |
| 2026-01-08 | 28.43x |
| 2026-01-07 | 28.24x |
| 2026-01-06 | 27.62x |
| 2026-01-05 | 27.09x |
| 2026-01-02 | 26.45x |
| 2025-12-31 | 26.60x |
| 2025-12-30 | 26.83x |
| 2025-12-29 | 26.91x |
| 2025-12-26 | 27.09x |
| 2025-12-24 | 26.82x |
| 2025-12-23 | 26.88x |
| 2025-12-22 | 27.17x |
| 2025-12-19 | 27.63x |
| 2025-12-18 | 27.63x |
| 2025-12-17 | 27.58x |
| 2025-12-16 | 27.76x |
| 2025-12-15 | 27.70x |
| 2025-12-12 | 27.97x |
| 2025-12-11 | 28.13x |
| 2025-12-10 | 27.69x |
| 2025-12-09 | 27.03x |
| 2025-12-08 | 26.72x |
| 2025-12-05 | 27.37x |
| 2025-12-04 | 27.68x |
| 2025-12-03 | 31.27x |
| 2025-12-02 | 31.34x |
| 2025-12-01 | 32.37x |
| 2025-11-28 | 33.17x |
| 2025-11-26 | 33.12x |
| 2025-11-25 | 33.25x |
| 2025-11-24 | 32.73x |
| 2025-11-21 | 32.22x |
| 2025-11-20 | 31.88x |
| 2025-11-19 | 32.70x |
| 2025-11-18 | 32.46x |
| 2025-11-17 | 31.71x |
| 2025-11-14 | 32.18x |
| 2025-11-13 | 31.52x |
| 2025-11-12 | 31.81x |
| 2025-11-11 | 31.61x |
| 2025-11-10 | 31.61x |
| 2025-11-07 | 29.83x |
| 2025-11-06 | 29.55x |
| 2025-11-05 | 30.03x |
| 2025-11-04 | 30.22x |
| 2025-11-03 | 30.15x |
| 2025-10-31 | 30.08x |
| 2025-10-30 | 29.61x |
| 2025-10-29 | 30.04x |
| 2025-10-28 | 30.25x |
| 2025-10-27 | 30.55x |
| 2025-10-24 | 30.64x |
| 2025-10-23 | 30.60x |
| 2025-10-22 | 30.35x |
| 2025-10-21 | 30.50x |
| 2025-10-20 | 29.63x |
| 2025-10-17 | 29.17x |
| 2025-10-16 | 29.05x |
| 2025-10-15 | 29.49x |
| 2025-10-14 | 29.93x |
| 2025-10-13 | 29.69x |
| 2025-10-10 | 28.90x |
| 2025-10-09 | 29.56x |
| 2025-10-08 | 29.36x |
| 2025-10-07 | 28.31x |
| 2025-10-06 | 28.10x |
| 2025-10-03 | 28.34x |
| 2025-10-02 | 28.65x |
| 2025-10-01 | 28.95x |
| 2025-09-30 | 30.14x |
| 2025-09-29 | 30.30x |
| 2025-09-26 | 30.65x |
| 2025-09-25 | 30.54x |
| 2025-09-24 | 29.99x |
| 2025-09-23 | 29.87x |
Showing the most recent 260 of 3,063 data points. The chart above shows the full history.