Basis: Current FMP quote-based enterprise value / four-quarter operating income plus matched D&A. 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 14.28x is 48% below its estimated 5-year average of 27.56x, near the low end of its estimated 5-year range (8.77x–338.80x).
As of 2026-10-06T16:22:57.977Z. 55.11% below its estimated 12-month average of 31.81x.
Calculation as of: 2026-10-06T16:22:57.977Z.
Quote observation: 2026-10-06T16:20:48.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4679171241458b1fe7ddab1ccf512cb384e8abfde0e44d1922fc54de843a5ffb
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/EBITDA RATIO
14.28x
EV/EBITDA RATIO AVG TTM
31.81x
EV/EBITDA RATIO AVG 3Y
87.57x
EV/EBITDA RATIO AVG 5Y
27.56x
EV/EBITDA RATIO AVG 10Y
N/A
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-55.11%
CURRENT VS 3Y AVG
-83.69%
CURRENT VS 5Y AVG
-48.18%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
15.58x
median of 199 covered companies
CURRENT VS SECTOR MEDIAN
-8.34%
vs the sector median at left
Innovage Holding Corp.
Market Cap
$1.22B
EV/EBITDA Ratio
14.28x
TTM Avg
31.81x
3Y Avg
87.57x
5Y Avg
27.56x
Market Cap
$1.21B
EV/EBITDA Ratio
52.17x
TTM Avg
34.34x
3Y Avg
36.39x
5Y Avg
36.39x
Market Cap
$1.22B
EV/EBITDA Ratio
27.81x
TTM Avg
20.27x
3Y Avg
20.27x
5Y Avg
20.27x
Market Cap
$1.23B
EV/EBITDA Ratio
144.73x
TTM Avg
171.92x
3Y Avg
171.92x
5Y Avg
171.92x
Market Cap
$1.15B
EV/EBITDA Ratio
8.22x
TTM Avg
7.52x
3Y Avg
19.65x
5Y Avg
29.89x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Innovage Holding Corp. (INNV) | $1.22B | 14.28x | 31.81x | 87.57x | 27.56x |
| MannKind Corporation (MNKD)vs › | $1.21B | 52.17x | 34.34x | 36.39x | 36.39x |
| Cronos Group Inc. (CRON)vs › | $1.22B | 27.81x | 20.27x | 20.27x | 20.27x |
| Omada Health (OMDA)vs › | $1.23B | 144.73x | 171.92x | 171.92x | 171.92x |
| ORIC Pharmaceuticals, Inc. (ORIC)vs › | $1.23B | N/A | N/A | N/A | N/A |
| Damora Therapeutics, Inc. (DMRA)vs › | $1.17B | N/A | N/A | N/A | N/A |
| Kardigan, Inc. (KARD)vs › | $1.27B | N/A | N/A | N/A | N/A |
| Nektar Therapeutics (NKTR)vs › | $1.15B | N/A | 9.05x | 9.05x | 14.70x |
| GoodRx Holdings, Inc. (GDRX)vs › | $1.15B | 8.22x | 7.52x | 19.65x | 29.89x |
| Avalyn Pharma Inc. Common Stock (AVLN)vs › | $1.14B | N/A | N/A | N/A | N/A |
At 14.3, EV/EBITDA is below its estimated 6-year median — higher than 10% of readings in its estimated 6-year history.
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.
estimated 6-year low
8.8
median
28.1
estimated 6-year high
338.8
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 |
|---|---|
| 2026-10-05 | 14.50x |
| 2026-10-02 | 14.44x |
| 2026-10-01 | 14.18x |
| 2026-09-30 | 14.18x |
| 2026-09-29 | 14.47x |
| 2026-09-28 | 14.32x |
| 2026-09-25 | 14.50x |
| 2026-09-24 | 14.24x |
| 2026-09-23 | 14.50x |
| 2026-09-22 | 17.20x |
| 2026-09-21 | 17.11x |
| 2026-09-18 | 17.63x |
| 2026-09-17 | 17.27x |
| 2026-09-16 | 17.51x |
| 2026-09-15 | 17.63x |
| 2026-09-14 | 17.38x |
| 2026-09-11 | 17.35x |
| 2026-09-10 | 17.11x |
| 2026-09-09 | 17.80x |
| 2026-09-08 | 24.94x |
| 2026-09-04 | 25.48x |
| 2026-09-03 | 25.53x |
| 2026-09-02 | 25.62x |
| 2026-09-01 | 25.67x |
| 2026-08-31 | 25.60x |
| 2026-08-28 | 25.74x |
| 2026-08-27 | 26.15x |
| 2026-08-26 | 26.17x |
| 2026-08-25 | 25.88x |
| 2026-08-24 | 26.12x |
| 2026-08-21 | 25.98x |
| 2026-08-20 | 25.41x |
| 2026-08-19 | 25.93x |
| 2026-08-18 | 26.31x |
| 2026-08-17 | 25.29x |
| 2026-08-14 | 25.15x |
| 2026-08-13 | 25.24x |
| 2026-08-12 | 24.72x |
| 2026-08-11 | 24.25x |
| 2026-08-10 | 25.84x |
| 2026-08-07 | 26.50x |
| 2026-08-06 | 26.03x |
| 2026-08-05 | 26.29x |
| 2026-08-04 | 25.72x |
| 2026-08-03 | 26.62x |
| 2026-07-31 | 26.93x |
| 2026-07-30 | 27.50x |
| 2026-07-29 | 27.19x |
| 2026-07-28 | 28.00x |
| 2026-07-27 | 27.21x |
| 2026-07-24 | 27.40x |
| 2026-07-23 | 26.53x |
| 2026-07-22 | 27.69x |
| 2026-07-21 | 28.07x |
| 2026-07-20 | 26.26x |
| 2026-07-17 | 27.26x |
| 2026-07-16 | 28.14x |
| 2026-07-15 | 27.45x |
| 2026-07-14 | 27.52x |
| 2026-07-13 | 26.72x |
| 2026-07-10 | 27.31x |
| 2026-07-09 | 28.19x |
| 2026-07-08 | 27.31x |
| 2026-07-07 | 27.62x |
| 2026-07-06 | 28.71x |
| 2026-07-02 | 28.42x |
| 2026-07-01 | 27.76x |
| 2026-06-30 | 28.09x |
| 2026-06-29 | 27.52x |
| 2026-06-26 | 25.58x |
| 2026-06-25 | 24.53x |
| 2026-06-24 | 22.92x |
| 2026-06-23 | 22.09x |
| 2026-06-22 | 21.83x |
| 2026-06-18 | 21.26x |
| 2026-06-17 | 21.68x |
| 2026-06-16 | 21.99x |
| 2026-06-15 | 21.71x |
| 2026-06-12 | 21.59x |
| 2026-06-11 | 21.68x |
| 2026-06-10 | 19.71x |
| 2026-06-09 | 18.22x |
| 2026-06-08 | 17.46x |
| 2026-06-05 | 17.29x |
| 2026-06-04 | 17.06x |
| 2026-06-03 | 16.77x |
| 2026-06-02 | 17.10x |
| 2026-06-01 | 17.29x |
| 2026-05-29 | 17.98x |
| 2026-05-28 | 17.79x |
| 2026-05-27 | 17.60x |
| 2026-05-26 | 17.41x |
| 2026-05-22 | 17.06x |
| 2026-05-21 | 17.46x |
| 2026-05-20 | 17.79x |
| 2026-05-19 | 17.08x |
| 2026-05-18 | 17.18x |
| 2026-05-15 | 16.87x |
| 2026-05-14 | 17.60x |
| 2026-05-13 | 17.51x |
| 2026-05-12 | 17.89x |
| 2026-05-11 | 17.44x |
| 2026-05-08 | 17.93x |
| 2026-05-07 | 45.77x |
| 2026-05-06 | 45.99x |
| 2026-05-05 | 45.11x |
| 2026-05-04 | 46.27x |
| 2026-05-01 | 47.09x |
| 2026-04-30 | 46.16x |
| 2026-04-29 | 45.72x |
| 2026-04-28 | 46.82x |
| 2026-04-27 | 45.83x |
| 2026-04-24 | 45.06x |
| 2026-04-23 | 43.90x |
| 2026-04-22 | 43.41x |
| 2026-04-21 | 43.08x |
| 2026-04-20 | 45.06x |
| 2026-04-17 | 46.65x |
| 2026-04-16 | 47.37x |
| 2026-04-15 | 46.16x |
| 2026-04-14 | 46.27x |
| 2026-04-13 | 46.10x |
| 2026-04-10 | 46.43x |
| 2026-04-09 | 48.03x |
| 2026-04-08 | 47.26x |
| 2026-04-07 | 44.73x |
| 2026-04-06 | 45.17x |
| 2026-04-02 | 43.19x |
| 2026-04-01 | 45.44x |
| 2026-03-31 | 45.44x |
| 2026-03-30 | 44.62x |
| 2026-03-27 | 44.84x |
| 2026-03-26 | 44.89x |
| 2026-03-25 | 46.05x |
| 2026-03-24 | 44.62x |
| 2026-03-23 | 45.11x |
| 2026-03-20 | 43.96x |
| 2026-03-19 | 47.31x |
| 2026-03-18 | 46.65x |
| 2026-03-17 | 48.19x |
| 2026-03-16 | 49.34x |
| 2026-03-13 | 47.48x |
| 2026-03-12 | 47.15x |
| 2026-03-11 | 48.58x |
| 2026-03-10 | 49.40x |
| 2026-03-09 | 49.51x |
| 2026-03-06 | 50.72x |
| 2026-03-05 | 53.74x |
| 2026-03-04 | 59.62x |
| 2026-03-03 | 53.52x |
| 2026-03-02 | 52.31x |
| 2026-02-27 | 50.61x |
| 2026-02-26 | 52.48x |
| 2026-02-25 | 50.28x |
| 2026-02-24 | 50.39x |
| 2026-02-23 | 50.39x |
| 2026-02-20 | 46.21x |
| 2026-02-19 | 45.77x |
| 2026-02-18 | 45.22x |
| 2026-02-17 | 47.97x |
| 2026-02-13 | 47.31x |
| 2026-02-12 | 47.26x |
| 2026-02-11 | 46.32x |
| 2026-02-10 | 47.37x |
| 2026-02-09 | 49.34x |
| 2026-02-06 | 47.31x |
| 2026-02-05 | 42.42x |
| 2026-02-04 | 44.12x |
| 2025-02-04 | 209.18x |
| 2025-02-03 | 201.24x |
| 2025-01-31 | 214.65x |
| 2025-01-30 | 222.10x |
| 2025-01-29 | 211.17x |
| 2025-01-28 | 213.16x |
| 2025-01-27 | 212.66x |
| 2025-01-24 | 211.17x |
| 2025-01-23 | 209.68x |
| 2025-01-22 | 209.68x |
| 2025-01-21 | 209.68x |
| 2025-01-17 | 203.23x |
| 2025-01-16 | 207.70x |
| 2025-01-15 | 213.16x |
| 2025-01-14 | 209.18x |
| 2025-01-13 | 205.71x |
| 2025-01-10 | 205.71x |
| 2025-01-08 | 213.65x |
| 2025-01-07 | 209.18x |
| 2025-01-06 | 215.14x |
| 2025-01-03 | 223.59x |
| 2025-01-02 | 221.60x |
| 2024-12-31 | 221.10x |
| 2024-12-30 | 222.10x |
| 2024-12-27 | 220.61x |
| 2024-12-26 | 227.06x |
| 2024-12-24 | 227.56x |
| 2024-12-23 | 235.50x |
| 2024-12-20 | 234.01x |
| 2024-12-19 | 201.24x |
| 2024-12-18 | 212.16x |
| 2024-12-17 | 228.55x |
| 2024-12-16 | 244.44x |
| 2024-12-13 | 246.43x |
| 2024-12-12 | 253.38x |
| 2024-12-11 | 264.31x |
| 2024-12-10 | 265.80x |
| 2024-12-09 | 265.80x |
| 2024-12-06 | 263.81x |
| 2024-12-05 | 264.80x |
| 2024-12-04 | 264.31x |
| 2024-12-03 | 262.82x |
| 2024-12-02 | 269.27x |
| 2024-11-29 | 267.78x |
| 2024-11-27 | 264.31x |
| 2024-11-26 | 262.82x |
| 2024-11-25 | 261.82x |
| 2024-11-22 | 268.78x |
| 2024-11-21 | 255.87x |
| 2024-11-20 | 259.34x |
| 2024-11-19 | 263.31x |
| 2024-11-18 | 272.75x |
| 2024-11-15 | 287.15x |
| 2024-11-14 | 289.14x |
| 2024-11-13 | 297.58x |
| 2024-11-12 | 310.99x |
| 2024-11-11 | 322.41x |
| 2024-11-08 | 323.90x |
| 2024-11-07 | 326.88x |
| 2024-11-06 | 338.80x |
| 2022-11-08 | 87.26x |
| 2022-11-07 | 88.39x |
| 2022-11-04 | 84.31x |
| 2022-11-03 | 83.18x |
| 2022-11-02 | 82.05x |
| 2022-11-01 | 82.34x |
| 2022-10-31 | 76.70x |
| 2022-10-28 | 75.72x |
| 2022-10-27 | 73.60x |
| 2022-10-26 | 74.31x |
| 2022-10-25 | 70.22x |
| 2022-10-24 | 67.41x |
| 2022-10-21 | 66.28x |
| 2022-10-20 | 63.75x |
| 2022-10-19 | 63.04x |
| 2022-10-18 | 63.61x |
| 2022-10-17 | 61.77x |
| 2022-10-14 | 55.86x |
| 2022-10-13 | 59.10x |
| 2022-10-12 | 56.71x |
| 2022-10-11 | 56.85x |
| 2022-10-10 | 54.59x |
| 2022-10-07 | 55.72x |
| 2022-10-06 | 59.52x |
| 2022-10-05 | 61.63x |
| 2022-10-04 | 71.21x |
| 2022-10-03 | 67.69x |
| 2022-09-30 | 72.34x |
| 2022-09-29 | 75.29x |
| 2022-09-28 | 75.72x |
| 2022-09-27 | 74.59x |
| 2022-09-26 | 72.34x |
Showing the most recent 260 of 620 data points. The chart above shows the full history.