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 20.23x is 43% above its 5-year average of 14.17x, around the middle of its 5-year range (8.55x–26.72x).
As of Tuesday, September 8, 2026. 18.83% above its 12-month average of 17.02x.
EV/EBITDA RATIO
20.23x
EV/EBITDA RATIO AVG TTM
17.02x
EV/EBITDA RATIO AVG 3Y
13.67x
EV/EBITDA RATIO AVG 5Y
14.17x
EV/EBITDA RATIO AVG 10Y
12.75x
EV/EBITDA RATIO AVG 15Y
11.02x
EV/EBITDA RATIO AVG 20Y
9.94x
CURRENT VS TTM AVG
+18.83%
CURRENT VS 3Y AVG
+48.03%
CURRENT VS 5Y AVG
+42.75%
CURRENT VS 10Y AVG
+58.68%
CURRENT VS 15Y AVG
+83.56%
CURRENT VS 20Y AVG
+103.55%
SECTOR MEDIAN · HEALTHCARE
16.32x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
+23.92%
vs the sector median at left
Market Cap
$49.77B
EV/EBITDA Ratio
11.87x
TTM Avg
12.51x
3Y Avg
14.26x
5Y Avg
14.91x
Market Cap
$43.13B
EV/EBITDA Ratio
19.06x
TTM Avg
17.33x
3Y Avg
200.33x
5Y Avg
160.95x
Market Cap
$50.00B
EV/EBITDA Ratio
24.00x
TTM Avg
26.11x
3Y Avg
27.00x
5Y Avg
29.41x
Market Cap
$41.97B
EV/EBITDA Ratio
16.64x
TTM Avg
14.31x
3Y Avg
15.32x
5Y Avg
17.03x
Market Cap
$40.96B
EV/EBITDA Ratio
26.58x
TTM Avg
34.11x
3Y Avg
33.79x
5Y Avg
36.80x
Market Cap
$40.71B
EV/EBITDA Ratio
22.91x
TTM Avg
22.30x
3Y Avg
23.04x
5Y Avg
23.40x
Market Cap
$55.95B
EV/EBITDA Ratio
17.40x
TTM Avg
16.69x
3Y Avg
15.65x
5Y Avg
29.97x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Humana Inc. (HUM) | $46.54B | 20.23x | 17.02x | 13.67x | 14.17x |
| Becton, Dickinson and Company (BDX)vs › | $49.77B | 11.87x | 12.51x | 14.26x | 14.91x |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $43.13B | 19.06x | 17.33x | 200.33x | 160.95x |
| Edwards Lifesciences Corporation (EW)vs › | $50.00B | 24.00x | 26.11x | 27.00x | 29.41x |
| IQVIA Holdings Inc. (IQV)vs › | $41.97B | 16.64x | 14.31x | 15.32x | 17.03x |
| IDEXX Laboratories, Inc. (IDXX)vs › | $40.96B | 26.58x | 34.11x | 33.79x | 36.80x |
| Agilent Technologies, Inc. (A)vs › | $40.71B | 22.91x | 22.30x | 23.04x | 23.40x |
| Moderna, Inc. (MRNA)vs › | $55.37B | N/A | 15.48x | 26.88x | 26.88x |
| Cardinal Health, Inc. (CAH)vs › | $55.95B | 17.40x | 16.69x | 15.65x | 29.97x |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $34.78B | 33.69x | 94.60x | 123.84x | 123.84x |
At 20.2, EV/EBITDA is above its 20-year median — higher than 99% of readings in its 20-year history.
20-year low
2.8
median
10.4
20-year high
26.7
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 |
|---|---|
| 2026-09-08 | 20.23x |
| 2026-09-04 | 20.16x |
| 2026-09-03 | 20.37x |
| 2026-09-02 | 20.13x |
| 2026-09-01 | 19.87x |
| 2026-08-31 | 19.36x |
| 2026-08-28 | 19.46x |
| 2026-08-27 | 19.77x |
| 2026-08-26 | 19.70x |
| 2026-08-25 | 19.64x |
| 2026-08-24 | 19.51x |
| 2026-08-21 | 19.17x |
| 2026-08-20 | 19.25x |
| 2026-08-19 | 19.13x |
| 2026-08-18 | 19.31x |
| 2026-08-17 | 19.41x |
| 2026-08-14 | 19.61x |
| 2026-08-13 | 19.44x |
| 2026-08-12 | 19.60x |
| 2026-08-11 | 18.91x |
| 2026-08-10 | 19.47x |
| 2026-08-07 | 19.44x |
| 2026-08-06 | 18.66x |
| 2026-08-05 | 18.51x |
| 2026-08-04 | 18.44x |
| 2026-08-03 | 18.98x |
| 2026-07-31 | 18.52x |
| 2026-07-30 | 18.64x |
| 2026-07-29 | 18.58x |
| 2026-07-28 | 25.58x |
| 2026-07-27 | 25.16x |
| 2026-07-24 | 25.61x |
| 2026-07-23 | 25.90x |
| 2026-07-22 | 26.07x |
| 2026-07-21 | 26.44x |
| 2026-07-20 | 26.10x |
| 2026-07-17 | 26.20x |
| 2026-07-16 | 25.46x |
| 2026-07-15 | 26.63x |
| 2026-07-14 | 26.58x |
| 2026-07-13 | 26.53x |
| 2026-07-10 | 25.77x |
| 2026-07-09 | 26.08x |
| 2026-07-08 | 26.00x |
| 2026-07-07 | 25.90x |
| 2026-07-06 | 25.81x |
| 2026-07-02 | 26.02x |
| 2026-07-01 | 26.72x |
| 2026-06-30 | 26.05x |
| 2026-06-29 | 25.59x |
| 2026-06-26 | 25.31x |
| 2026-06-25 | 24.88x |
| 2026-06-24 | 24.09x |
| 2026-06-23 | 23.95x |
| 2026-06-22 | 24.03x |
| 2026-06-18 | 24.03x |
| 2026-06-17 | 24.11x |
| 2026-06-16 | 24.52x |
| 2026-06-15 | 25.11x |
| 2026-06-12 | 25.06x |
| 2026-06-11 | 24.47x |
| 2026-06-10 | 24.24x |
| 2026-06-09 | 24.17x |
| 2026-06-08 | 23.77x |
| 2026-06-05 | 23.45x |
| 2026-06-04 | 23.43x |
| 2026-06-03 | 22.20x |
| 2026-06-02 | 21.84x |
| 2026-06-01 | 22.25x |
| 2026-05-29 | 20.98x |
| 2026-05-28 | 21.16x |
| 2026-05-27 | 21.03x |
| 2026-05-26 | 20.78x |
| 2026-05-22 | 21.12x |
| 2026-05-21 | 20.89x |
| 2026-05-20 | 20.91x |
| 2026-05-19 | 21.27x |
| 2026-05-18 | 21.02x |
| 2026-05-15 | 20.97x |
| 2026-05-14 | 20.76x |
| 2026-05-13 | 20.95x |
| 2026-05-12 | 20.43x |
| 2026-05-11 | 19.26x |
| 2026-05-08 | 19.30x |
| 2026-05-07 | 17.77x |
| 2026-05-06 | 17.72x |
| 2026-05-05 | 17.35x |
| 2026-05-04 | 17.26x |
| 2026-05-01 | 17.02x |
| 2026-04-30 | 17.18x |
| 2026-04-29 | 17.55x |
| 2026-04-28 | 15.98x |
| 2026-04-27 | 15.67x |
| 2026-04-24 | 15.21x |
| 2026-04-23 | 15.20x |
| 2026-04-22 | 15.33x |
| 2026-04-21 | 15.32x |
| 2026-04-20 | 14.95x |
| 2026-04-17 | 14.68x |
| 2026-04-16 | 14.45x |
| 2026-04-15 | 14.32x |
| 2026-04-14 | 14.21x |
| 2026-04-13 | 14.31x |
| 2026-04-10 | 13.99x |
| 2026-04-09 | 14.27x |
| 2026-04-08 | 14.32x |
| 2026-04-07 | 14.26x |
| 2026-04-06 | 13.49x |
| 2026-04-02 | 13.24x |
| 2026-04-01 | 13.19x |
| 2026-03-31 | 13.00x |
| 2026-03-30 | 12.61x |
| 2026-03-27 | 12.77x |
| 2026-03-26 | 13.09x |
| 2026-03-25 | 13.05x |
| 2026-03-24 | 12.94x |
| 2026-03-23 | 12.83x |
| 2026-03-20 | 12.82x |
| 2026-03-19 | 12.63x |
| 2026-03-18 | 12.84x |
| 2026-03-17 | 12.86x |
| 2026-03-16 | 12.82x |
| 2026-03-13 | 12.58x |
| 2026-03-12 | 12.49x |
| 2026-03-11 | 12.87x |
| 2026-03-10 | 13.01x |
| 2026-03-09 | 13.27x |
| 2026-03-06 | 13.31x |
| 2026-03-05 | 13.39x |
| 2026-03-04 | 13.51x |
| 2026-03-03 | 13.43x |
| 2026-03-02 | 13.73x |
| 2026-02-27 | 13.91x |
| 2026-02-26 | 13.71x |
| 2026-02-25 | 13.14x |
| 2026-02-24 | 13.07x |
| 2026-02-23 | 13.41x |
| 2026-02-20 | 13.87x |
| 2026-02-19 | 13.90x |
| 2026-02-18 | 12.18x |
| 2026-02-17 | 12.07x |
| 2026-02-13 | 12.03x |
| 2026-02-12 | 11.77x |
| 2026-02-11 | 11.60x |
| 2026-02-10 | 11.89x |
| 2026-02-09 | 12.29x |
| 2026-02-06 | 12.51x |
| 2026-02-05 | 12.49x |
| 2026-02-04 | 12.42x |
| 2026-02-03 | 12.47x |
| 2026-02-02 | 12.18x |
| 2026-01-30 | 12.57x |
| 2026-01-29 | 12.65x |
| 2026-01-28 | 12.52x |
| 2026-01-27 | 13.20x |
| 2026-01-26 | 15.95x |
| 2026-01-23 | 16.09x |
| 2026-01-22 | 16.08x |
| 2026-01-21 | 16.30x |
| 2026-01-20 | 16.16x |
| 2026-01-16 | 16.43x |
| 2026-01-15 | 16.95x |
| 2026-01-14 | 16.47x |
| 2026-01-13 | 16.46x |
| 2026-01-12 | 16.59x |
| 2026-01-09 | 16.60x |
| 2026-01-08 | 16.64x |
| 2026-01-07 | 16.51x |
| 2026-01-06 | 16.75x |
| 2026-01-05 | 16.55x |
| 2026-01-02 | 15.99x |
| 2025-12-31 | 15.58x |
| 2025-12-30 | 15.72x |
| 2025-12-29 | 15.69x |
| 2025-12-26 | 15.71x |
| 2025-12-24 | 15.73x |
| 2025-12-23 | 15.63x |
| 2025-12-22 | 15.66x |
| 2025-12-19 | 15.74x |
| 2025-12-18 | 15.80x |
| 2025-12-17 | 15.78x |
| 2025-12-16 | 15.68x |
| 2025-12-15 | 16.50x |
| 2025-12-12 | 16.19x |
| 2025-12-11 | 16.09x |
| 2025-12-10 | 15.61x |
| 2025-12-09 | 15.30x |
| 2025-12-08 | 15.59x |
| 2025-12-05 | 15.66x |
| 2025-12-04 | 15.43x |
| 2025-12-03 | 15.62x |
| 2025-12-02 | 14.88x |
| 2025-12-01 | 14.89x |
| 2025-11-28 | 15.07x |
| 2025-11-26 | 15.08x |
| 2025-11-25 | 14.68x |
| 2025-11-24 | 14.25x |
| 2025-11-21 | 14.15x |
| 2025-11-20 | 13.96x |
| 2025-11-19 | 14.24x |
| 2025-11-18 | 14.49x |
| 2025-11-17 | 14.49x |
| 2025-11-14 | 14.64x |
| 2025-11-13 | 14.62x |
| 2025-11-12 | 14.81x |
| 2025-11-11 | 14.96x |
| 2025-11-10 | 14.71x |
| 2025-11-07 | 15.38x |
| 2025-11-06 | 15.33x |
| 2025-11-05 | 16.01x |
| 2025-11-04 | 14.12x |
| 2025-11-03 | 14.04x |
| 2025-10-31 | 13.98x |
| 2025-10-30 | 14.27x |
| 2025-10-29 | 14.56x |
| 2025-10-28 | 14.64x |
| 2025-10-27 | 14.54x |
| 2025-10-24 | 14.47x |
| 2025-10-23 | 14.50x |
| 2025-10-22 | 14.36x |
| 2025-10-21 | 14.66x |
| 2025-10-20 | 14.21x |
| 2025-10-17 | 13.85x |
| 2025-10-16 | 13.54x |
| 2025-10-15 | 13.33x |
| 2025-10-14 | 13.31x |
| 2025-10-13 | 13.69x |
| 2025-10-10 | 14.06x |
| 2025-10-09 | 14.47x |
| 2025-10-08 | 14.77x |
| 2025-10-07 | 14.66x |
| 2025-10-06 | 14.66x |
| 2025-10-03 | 14.20x |
| 2025-10-02 | 13.11x |
| 2025-10-01 | 12.72x |
| 2025-09-30 | 13.25x |
| 2025-09-29 | 13.06x |
| 2025-09-26 | 13.04x |
| 2025-09-25 | 13.02x |
| 2025-09-24 | 13.33x |
| 2025-09-23 | 13.18x |
| 2025-09-22 | 13.16x |
| 2025-09-19 | 12.95x |
| 2025-09-18 | 13.44x |
| 2025-09-17 | 13.62x |
| 2025-09-16 | 13.74x |
| 2025-09-15 | 13.86x |
| 2025-09-12 | 13.91x |
| 2025-09-11 | 14.00x |
| 2025-09-10 | 13.79x |
| 2025-09-09 | 13.77x |
| 2025-09-08 | 15.26x |
| 2025-09-05 | 15.17x |
| 2025-09-04 | 15.33x |
| 2025-09-03 | 15.33x |
| 2025-09-02 | 15.25x |
| 2025-08-29 | 15.00x |
| 2025-08-28 | 14.76x |
| 2025-08-27 | 14.74x |
| 2025-08-26 | 14.80x |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.