Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 3.64x is in line with its 5-year average of 3.62x, around the middle of its 5-year range (2.18x–5.67x).
As of Wednesday, August 5, 2026. 5.44% above its 12-month average of 3.45x.
EV/SALES RATIO
3.64x
EV/SALES RATIO AVG TTM
3.45x
EV/SALES RATIO AVG 3Y
3.07x
EV/SALES RATIO AVG 5Y
3.62x
EV/SALES RATIO AVG 10Y
5.72x
EV/SALES RATIO AVG 15Y
12.09x
EV/SALES RATIO AVG 20Y
16.39x
CURRENT VS TTM AVG
+5.44%
CURRENT VS 3Y AVG
+18.45%
CURRENT VS 5Y AVG
+0.51%
CURRENT VS 10Y AVG
-36.41%
CURRENT VS 15Y AVG
-69.90%
CURRENT VS 20Y AVG
-77.79%
SECTOR MEDIAN · HEALTHCARE
3.72x
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
-2.15%
vs the sector median at left
Market Cap
$24.72B
EV/Sales Ratio
7.44x
TTM Avg
6.47x
3Y Avg
7.47x
5Y Avg
8.18x
Market Cap
$25.74B
EV/Sales Ratio
2.25x
TTM Avg
2.09x
3Y Avg
2.00x
5Y Avg
1.89x
Market Cap
$26.03B
EV/Sales Ratio
2.76x
TTM Avg
2.54x
3Y Avg
2.39x
5Y Avg
2.24x
Market Cap
$22.03B
EV/Sales Ratio
7.38x
TTM Avg
6.96x
3Y Avg
5.82x
5Y Avg
5.83x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Incyte Corporation (INCY) | $24.28B | 3.64x | 3.45x | 3.07x | 3.62x |
| West Pharmaceutical Services, Inc. (WST)vs › | $24.72B | 7.44x | 6.47x | 7.47x | 8.18x |
| BioNTech SE (BNTX)vs › | $23.16B | 3.70x | 3.96x | 3.84x | 3.24x |
| Labcorp Holdings Inc. (LH)vs › | $25.74B | 2.25x | 2.09x | 2.00x | 1.89x |
| STERIS plc (STE)vs › | $22.68B | 4.14x | 4.37x | 4.74x | 5.05x |
| Quest Diagnostics Incorporated (DGX)vs › | $26.03B | 2.76x | 2.54x | 2.39x | 2.24x |
| Waters Corporation (WAT)vs › | $26.07B | 9.44x | 7.41x | 7.31x | 7.32x |
| Moderna, Inc. (MRNA)vs › | $22.32B | 9.91x | 7.04x | 5.39x | 5.88x |
| United Therapeutics Corporation (UTHR)vs › | $22.03B | 7.38x | 6.96x | 5.82x | 5.83x |
| Viatris Inc. (VTRS)vs › | $20.55B | 2.29x | 2.03x | 1.94x | 2.01x |
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/SALES RATIO |
|---|---|
| 2026-08-04 | 3.64x |
| 2026-08-03 | 3.56x |
| 2026-07-31 | 3.60x |
| 2026-07-30 | 3.72x |
| 2026-07-29 | 3.87x |
| 2026-07-28 | 3.97x |
| 2026-07-27 | 3.95x |
| 2026-07-24 | 3.90x |
| 2026-07-23 | 3.86x |
| 2026-07-22 | 3.83x |
| 2026-07-21 | 3.89x |
| 2026-07-20 | 3.82x |
| 2026-07-17 | 3.88x |
| 2026-07-16 | 3.86x |
| 2026-07-15 | 3.80x |
| 2026-07-14 | 3.79x |
| 2026-07-13 | 3.77x |
| 2026-07-10 | 3.86x |
| 2026-07-09 | 3.93x |
| 2026-07-08 | 3.88x |
| 2026-07-07 | 3.92x |
| 2026-07-06 | 3.82x |
| 2026-07-02 | 3.87x |
| 2026-07-01 | 3.75x |
| 2026-06-30 | 3.73x |
| 2026-06-29 | 3.78x |
| 2026-06-26 | 3.75x |
| 2026-06-25 | 3.51x |
| 2026-06-24 | 3.55x |
| 2026-06-23 | 3.39x |
| 2026-06-22 | 3.36x |
| 2026-06-18 | 3.15x |
| 2026-06-17 | 3.18x |
| 2026-06-16 | 3.21x |
| 2026-06-15 | 3.30x |
| 2026-06-12 | 3.55x |
| 2026-06-11 | 3.52x |
| 2026-06-10 | 3.43x |
| 2026-06-09 | 3.34x |
| 2026-06-08 | 3.24x |
| 2026-06-05 | 3.31x |
| 2026-06-04 | 3.27x |
| 2026-06-03 | 3.14x |
| 2026-06-02 | 2.92x |
| 2026-06-01 | 3.05x |
| 2026-05-29 | 3.09x |
| 2026-05-28 | 3.12x |
| 2026-05-27 | 3.12x |
| 2026-05-26 | 3.11x |
| 2026-05-22 | 3.11x |
| 2026-05-21 | 3.12x |
| 2026-05-20 | 3.11x |
| 2026-05-19 | 3.05x |
| 2026-05-18 | 3.03x |
| 2026-05-15 | 3.04x |
| 2026-05-14 | 3.13x |
| 2026-05-13 | 3.17x |
| 2026-05-12 | 3.19x |
| 2026-05-11 | 3.23x |
| 2026-05-08 | 3.16x |
| 2026-05-07 | 3.13x |
| 2026-05-06 | 3.21x |
| 2026-05-05 | 3.12x |
| 2026-05-04 | 3.11x |
| 2026-05-01 | 3.10x |
| 2026-04-30 | 3.04x |
| 2026-04-29 | 3.18x |
| 2026-04-28 | 3.13x |
| 2026-04-27 | 3.22x |
| 2026-04-24 | 3.18x |
| 2026-04-23 | 3.21x |
| 2026-04-22 | 3.26x |
| 2026-04-21 | 3.24x |
| 2026-04-20 | 3.27x |
| 2026-04-17 | 3.31x |
| 2026-04-16 | 3.21x |
| 2026-04-15 | 3.28x |
| 2026-04-14 | 3.30x |
| 2026-04-13 | 3.22x |
| 2026-04-10 | 3.24x |
| 2026-04-09 | 3.27x |
| 2026-04-08 | 3.23x |
| 2026-04-07 | 3.14x |
| 2026-04-06 | 3.19x |
| 2026-04-02 | 3.23x |
| 2026-04-01 | 3.17x |
| 2026-03-31 | 3.16x |
| 2026-03-30 | 3.01x |
| 2026-03-27 | 3.01x |
| 2026-03-26 | 3.09x |
| 2026-03-25 | 3.08x |
| 2026-03-24 | 3.02x |
| 2026-03-23 | 3.01x |
| 2026-03-20 | 3.03x |
| 2026-03-19 | 3.11x |
| 2026-03-18 | 3.08x |
| 2026-03-17 | 3.16x |
| 2026-03-16 | 3.11x |
| 2026-03-13 | 3.10x |
| 2026-03-12 | 3.08x |
| 2026-03-11 | 3.18x |
| 2026-03-10 | 3.24x |
| 2026-03-09 | 3.28x |
| 2026-03-06 | 3.23x |
| 2026-03-05 | 3.29x |
| 2026-03-04 | 3.35x |
| 2026-03-03 | 3.32x |
| 2026-03-02 | 3.40x |
| 2026-02-27 | 3.44x |
| 2026-02-26 | 3.40x |
| 2026-02-25 | 3.39x |
| 2026-02-24 | 3.44x |
| 2026-02-23 | 3.43x |
| 2026-02-20 | 3.45x |
| 2026-02-19 | 3.46x |
| 2026-02-18 | 3.51x |
| 2026-02-17 | 3.44x |
| 2026-02-13 | 3.44x |
| 2026-02-12 | 3.42x |
| 2026-02-11 | 3.35x |
| 2026-02-10 | 3.40x |
| 2026-02-09 | 4.06x |
| 2026-02-06 | 4.03x |
| 2026-02-05 | 3.80x |
| 2026-02-04 | 3.79x |
| 2026-02-03 | 3.72x |
| 2026-02-02 | 3.80x |
| 2026-01-30 | 3.69x |
| 2026-01-29 | 3.73x |
| 2026-01-28 | 3.73x |
| 2026-01-27 | 3.83x |
| 2026-01-26 | 3.79x |
| 2026-01-23 | 3.77x |
| 2026-01-22 | 3.90x |
| 2026-01-21 | 3.88x |
| 2026-01-20 | 3.79x |
| 2026-01-16 | 3.94x |
| 2026-01-15 | 3.90x |
| 2026-01-14 | 3.93x |
| 2026-01-13 | 3.83x |
| 2026-01-12 | 3.95x |
| 2026-01-09 | 3.97x |
| 2026-01-08 | 3.93x |
| 2026-01-07 | 4.13x |
| 2026-01-06 | 3.96x |
| 2026-01-05 | 3.76x |
| 2026-01-02 | 3.74x |
| 2025-12-31 | 3.63x |
| 2025-12-30 | 3.64x |
| 2025-12-29 | 3.65x |
| 2025-12-26 | 3.69x |
| 2025-12-24 | 3.70x |
| 2025-12-23 | 3.72x |
| 2025-12-22 | 3.71x |
| 2025-12-19 | 3.80x |
| 2025-12-18 | 3.57x |
| 2025-12-17 | 3.58x |
| 2025-12-16 | 3.56x |
| 2025-12-15 | 3.63x |
| 2025-12-12 | 3.49x |
| 2025-12-11 | 3.52x |
| 2025-12-10 | 3.48x |
| 2025-12-09 | 3.48x |
| 2025-12-08 | 3.55x |
| 2025-12-05 | 3.79x |
| 2025-12-04 | 3.70x |
| 2025-12-03 | 3.75x |
| 2025-12-02 | 3.74x |
| 2025-12-01 | 3.77x |
| 2025-11-28 | 3.87x |
| 2025-11-26 | 3.92x |
| 2025-11-25 | 3.92x |
| 2025-11-24 | 3.94x |
| 2025-11-21 | 3.77x |
| 2025-11-20 | 3.76x |
| 2025-11-19 | 3.74x |
| 2025-11-18 | 3.85x |
| 2025-11-17 | 3.86x |
| 2025-11-14 | 3.86x |
| 2025-11-13 | 3.91x |
| 2025-11-12 | 4.03x |
| 2025-11-11 | 4.03x |
| 2025-11-10 | 3.93x |
| 2025-11-07 | 3.93x |
| 2025-11-06 | 3.90x |
| 2025-11-05 | 3.92x |
| 2025-11-04 | 3.81x |
| 2025-11-03 | 3.75x |
| 2025-10-31 | 3.41x |
| 2025-10-30 | 3.37x |
| 2025-10-29 | 3.27x |
| 2025-10-28 | 3.33x |
| 2025-10-27 | 3.62x |
| 2025-10-24 | 3.54x |
| 2025-10-23 | 3.45x |
| 2025-10-22 | 3.40x |
| 2025-10-21 | 3.37x |
| 2025-10-20 | 3.32x |
| 2025-10-17 | 3.38x |
| 2025-10-16 | 3.37x |
| 2025-10-15 | 3.40x |
| 2025-10-14 | 3.31x |
| 2025-10-13 | 3.26x |
| 2025-10-10 | 3.22x |
| 2025-10-09 | 3.26x |
| 2025-10-08 | 3.28x |
| 2025-10-07 | 3.36x |
| 2025-10-06 | 3.36x |
| 2025-10-03 | 3.35x |
| 2025-10-02 | 3.32x |
| 2025-10-01 | 3.34x |
| 2025-09-30 | 3.26x |
| 2025-09-29 | 3.22x |
| 2025-09-26 | 3.17x |
| 2025-09-25 | 3.12x |
| 2025-09-24 | 3.23x |
| 2025-09-23 | 3.25x |
| 2025-09-22 | 3.26x |
| 2025-09-19 | 3.33x |
| 2025-09-18 | 3.31x |
| 2025-09-17 | 3.26x |
| 2025-09-16 | 3.22x |
| 2025-09-15 | 3.19x |
| 2025-09-12 | 3.18x |
| 2025-09-11 | 3.32x |
| 2025-09-10 | 3.32x |
| 2025-09-09 | 3.29x |
| 2025-09-08 | 3.33x |
| 2025-09-05 | 3.34x |
| 2025-09-04 | 3.29x |
| 2025-09-03 | 3.35x |
| 2025-09-02 | 3.31x |
| 2025-08-29 | 3.25x |
| 2025-08-28 | 3.21x |
| 2025-08-27 | 3.26x |
| 2025-08-26 | 3.22x |
| 2025-08-25 | 3.26x |
| 2025-08-22 | 3.27x |
| 2025-08-21 | 3.33x |
| 2025-08-20 | 3.32x |
| 2025-08-19 | 3.29x |
| 2025-08-18 | 3.26x |
| 2025-08-15 | 3.35x |
| 2025-08-14 | 3.32x |
| 2025-08-13 | 3.30x |
| 2025-08-12 | 3.12x |
| 2025-08-11 | 3.02x |
| 2025-08-08 | 2.98x |
| 2025-08-07 | 2.97x |
| 2025-08-06 | 2.95x |
| 2025-08-05 | 2.95x |
| 2025-08-04 | 2.97x |
| 2025-08-01 | 2.86x |
| 2025-07-31 | 2.83x |
| 2025-07-30 | 2.94x |
| 2025-07-29 | 2.94x |
| 2025-07-28 | 2.72x |
| 2025-07-25 | 2.72x |
| 2025-07-24 | 2.74x |
| 2025-07-23 | 2.74x |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.
