Basis: Current FMP quote-based enterprise value / four-quarter revenue. 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 10.75x is in line with its estimated 5-year average of 10.67x, around the middle of its estimated 5-year range (6.15x–16.45x).
As of 2026-10-06T17:07:29.133Z. 24.35% below its estimated 12-month average of 14.21x.
Calculation as of: 2026-10-06T17:07:29.133Z.
Quote observation: 2026-10-06T17:05:17.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: c19c85bab9715eb02e93ed72e58c77cc0b51866a8f8130ffbf7fdbc9ca61d83e
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/SALES RATIO
10.75x
EV/SALES RATIO AVG TTM
14.21x
EV/SALES RATIO AVG 3Y
12.38x
EV/SALES RATIO AVG 5Y
10.67x
EV/SALES RATIO AVG 10Y
11.20x
EV/SALES RATIO AVG 15Y
13.77x
EV/SALES RATIO AVG 20Y
14.12x
CURRENT VS TTM AVG
-24.35%
CURRENT VS 3Y AVG
-13.14%
CURRENT VS 5Y AVG
+0.77%
CURRENT VS 10Y AVG
-4.02%
CURRENT VS 15Y AVG
-21.95%
CURRENT VS 20Y AVG
-23.87%
SECTOR MEDIAN · HEALTHCARE
4.19x
median of 507 covered companies
CURRENT VS SECTOR MEDIAN
+156.56%
vs the sector median at left
Ionis Pharmaceuticals, Inc.
Market Cap
$7.32B
EV/Sales Ratio
10.75x
TTM Avg
14.21x
3Y Avg
12.38x
5Y Avg
10.67x
Market Cap
$7.60B
EV/Sales Ratio
121.45x
TTM Avg
107.95x
3Y Avg
754.35x
5Y Avg
486.80x
Market Cap
$7.66B
EV/Sales Ratio
N/A
TTM Avg
320.89x
3Y Avg
348.68x
5Y Avg
348.68x
Market Cap
$8.05B
EV/Sales Ratio
7.89x
TTM Avg
8.37x
3Y Avg
10.36x
5Y Avg
10.36x
Market Cap
$6.57B
EV/Sales Ratio
2.91x
TTM Avg
3.61x
3Y Avg
4.31x
5Y Avg
3.99x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ionis Pharmaceuticals, Inc. (IONS) | $7.32B | 10.75x | 14.21x | 12.38x | 10.67x |
| HealthEquity, Inc. (HQY)vs › | $7.59B | 6.10x | 6.50x | 7.24x | 7.26x |
| Hinge Health, Inc. (HNGE)vs › | $7.60B | 10.16x | 7.47x | 7.57x | 7.57x |
| Cytokinetics, Incorporated (CYTK)vs › | $7.60B | 121.45x | 107.95x | 754.35x | 486.80x |
| Praxis Precision Medicines, Inc. (PRAX)vs › | $7.66B | N/A | 320.89x | 348.68x | 348.68x |
| Alkermes plc (ALKS)vs › | $6.97B | 4.81x | 4.05x | 3.30x | 3.53x |
| Chemed Corporation (CHE)vs › | $6.67B | 2.68x | 2.53x | 3.22x | 3.39x |
| Caris Life Sciences, Inc. (CAI)vs › | $8.05B | 7.89x | 8.37x | 10.36x | 10.36x |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.57B | 2.91x | 3.61x | 4.31x | 3.99x |
| Immunovant, Inc. (IMVT)vs › | $6.54B | 809.16x | 1017.86x | 1017.86x | 1017.86x |
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 |
|---|---|
| 2026-10-05 | 10.60x |
| 2026-10-02 | 10.61x |
| 2026-10-01 | 10.70x |
| 2026-09-30 | 10.82x |
| 2026-09-29 | 11.06x |
| 2026-09-28 | 10.99x |
| 2026-09-25 | 10.79x |
| 2026-09-24 | 10.66x |
| 2026-09-23 | 10.68x |
| 2026-09-22 | 11.03x |
| 2026-09-21 | 10.87x |
| 2026-09-18 | 10.78x |
| 2026-09-17 | 11.22x |
| 2026-09-16 | 10.86x |
| 2026-09-15 | 11.31x |
| 2026-09-14 | 12.11x |
| 2026-09-11 | 12.63x |
| 2026-09-10 | 12.90x |
| 2026-09-09 | 12.97x |
| 2026-09-08 | 13.10x |
| 2026-09-04 | 13.36x |
| 2026-09-03 | 13.37x |
| 2026-09-02 | 13.98x |
| 2026-09-01 | 13.70x |
| 2026-08-31 | 13.79x |
| 2026-08-28 | 13.93x |
| 2026-08-27 | 14.19x |
| 2026-08-26 | 14.36x |
| 2026-08-25 | 14.40x |
| 2026-08-24 | 14.11x |
| 2026-08-21 | 13.68x |
| 2026-08-20 | 13.49x |
| 2026-08-19 | 13.88x |
| 2026-08-18 | 13.65x |
| 2026-08-17 | 13.47x |
| 2026-08-14 | 13.20x |
| 2026-08-13 | 12.94x |
| 2026-08-12 | 13.07x |
| 2026-08-11 | 12.86x |
| 2026-08-10 | 13.15x |
| 2026-08-07 | 13.08x |
| 2026-08-06 | 12.68x |
| 2026-08-05 | 12.63x |
| 2026-08-04 | 12.79x |
| 2026-08-03 | 12.68x |
| 2026-07-31 | 12.17x |
| 2026-07-30 | 12.45x |
| 2026-07-29 | 10.19x |
| 2026-07-28 | 10.38x |
| 2026-07-27 | 10.49x |
| 2026-07-24 | 10.58x |
| 2026-07-23 | 10.47x |
| 2026-07-22 | 10.18x |
| 2026-07-21 | 10.09x |
| 2026-07-20 | 10.02x |
| 2026-07-17 | 10.24x |
| 2026-07-16 | 10.28x |
| 2026-07-15 | 10.30x |
| 2026-07-14 | 10.33x |
| 2026-07-13 | 10.61x |
| 2026-07-10 | 10.84x |
| 2026-07-09 | 11.78x |
| 2026-07-08 | 14.93x |
| 2026-07-07 | 15.22x |
| 2026-07-06 | 14.73x |
| 2026-07-02 | 14.51x |
| 2026-07-01 | 14.11x |
| 2026-06-30 | 14.12x |
| 2026-06-29 | 14.34x |
| 2026-06-26 | 14.42x |
| 2026-06-25 | 13.98x |
| 2026-06-24 | 13.69x |
| 2026-06-23 | 13.61x |
| 2026-06-22 | 13.59x |
| 2026-06-18 | 13.32x |
| 2026-06-17 | 13.35x |
| 2026-06-16 | 13.16x |
| 2026-06-15 | 13.29x |
| 2026-06-12 | 13.19x |
| 2026-06-11 | 13.27x |
| 2026-06-10 | 13.19x |
| 2026-06-09 | 13.39x |
| 2026-06-08 | 13.23x |
| 2026-06-05 | 13.37x |
| 2026-06-04 | 13.47x |
| 2026-06-03 | 13.27x |
| 2026-06-02 | 13.14x |
| 2026-06-01 | 13.51x |
| 2026-05-29 | 13.69x |
| 2026-05-28 | 13.82x |
| 2026-05-27 | 13.69x |
| 2026-05-26 | 13.62x |
| 2026-05-22 | 13.54x |
| 2026-05-21 | 13.58x |
| 2026-05-20 | 13.46x |
| 2026-05-19 | 13.27x |
| 2026-05-18 | 13.07x |
| 2026-05-15 | 13.33x |
| 2026-05-14 | 13.56x |
| 2026-05-13 | 13.86x |
| 2026-05-12 | 13.58x |
| 2026-05-11 | 13.51x |
| 2026-05-08 | 13.57x |
| 2026-05-07 | 13.61x |
| 2026-05-06 | 13.74x |
| 2026-05-05 | 13.49x |
| 2026-05-04 | 13.52x |
| 2026-05-01 | 13.50x |
| 2026-04-30 | 13.42x |
| 2026-04-29 | 15.23x |
| 2026-04-28 | 14.70x |
| 2026-04-27 | 14.78x |
| 2026-04-24 | 14.96x |
| 2026-04-23 | 15.10x |
| 2026-04-22 | 15.23x |
| 2026-04-21 | 15.22x |
| 2026-04-20 | 15.23x |
| 2026-04-17 | 15.38x |
| 2026-04-16 | 15.30x |
| 2026-04-15 | 15.57x |
| 2026-04-14 | 15.56x |
| 2026-04-13 | 15.25x |
| 2026-04-10 | 15.29x |
| 2026-04-09 | 15.50x |
| 2026-04-08 | 15.25x |
| 2026-04-07 | 15.07x |
| 2026-04-06 | 15.14x |
| 2026-04-02 | 15.22x |
| 2026-04-01 | 15.28x |
| 2026-03-31 | 15.27x |
| 2026-03-30 | 14.83x |
| 2026-03-27 | 14.77x |
| 2026-03-26 | 15.13x |
| 2026-03-25 | 14.86x |
| 2026-03-24 | 14.34x |
| 2026-03-23 | 14.53x |
| 2026-03-20 | 14.57x |
| 2026-03-19 | 14.62x |
| 2026-03-18 | 14.68x |
| 2026-03-17 | 14.80x |
| 2026-03-16 | 14.80x |
| 2026-03-13 | 14.60x |
| 2026-03-12 | 14.80x |
| 2026-03-11 | 15.22x |
| 2026-03-10 | 15.37x |
| 2026-03-09 | 15.32x |
| 2026-03-06 | 15.09x |
| 2026-03-05 | 15.28x |
| 2026-03-04 | 16.02x |
| 2026-03-03 | 15.88x |
| 2026-03-02 | 16.45x |
| 2026-02-27 | 16.31x |
| 2026-02-26 | 14.59x |
| 2026-02-25 | 14.65x |
| 2026-02-24 | 15.40x |
| 2026-02-23 | 15.26x |
| 2026-02-20 | 15.01x |
| 2026-02-19 | 15.01x |
| 2026-02-18 | 14.86x |
| 2026-02-17 | 14.72x |
| 2026-02-13 | 14.59x |
| 2026-02-12 | 14.79x |
| 2026-02-11 | 15.21x |
| 2026-02-10 | 15.20x |
| 2026-02-09 | 15.29x |
| 2026-02-06 | 15.57x |
| 2026-02-05 | 15.07x |
| 2026-02-04 | 15.32x |
| 2026-02-03 | 15.25x |
| 2026-02-02 | 15.00x |
| 2026-01-30 | 14.93x |
| 2026-01-29 | 15.14x |
| 2026-01-28 | 14.81x |
| 2026-01-27 | 14.85x |
| 2026-01-26 | 14.66x |
| 2026-01-23 | 14.54x |
| 2026-01-22 | 14.79x |
| 2026-01-21 | 14.40x |
| 2026-01-20 | 14.08x |
| 2026-01-16 | 13.88x |
| 2026-01-15 | 14.03x |
| 2026-01-14 | 14.30x |
| 2026-01-13 | 14.40x |
| 2026-01-12 | 14.77x |
| 2026-01-09 | 14.54x |
| 2026-01-08 | 14.75x |
| 2026-01-07 | 15.02x |
| 2026-01-06 | 14.74x |
| 2026-01-05 | 14.25x |
| 2026-01-02 | 14.44x |
| 2025-12-31 | 14.34x |
| 2025-12-30 | 14.32x |
| 2025-12-29 | 14.49x |
| 2025-12-26 | 14.48x |
| 2025-12-24 | 14.60x |
| 2025-12-23 | 14.55x |
| 2025-12-22 | 14.71x |
| 2025-12-19 | 14.42x |
| 2025-12-18 | 14.10x |
| 2025-12-17 | 14.01x |
| 2025-12-16 | 14.22x |
| 2025-12-15 | 14.45x |
| 2025-12-12 | 14.63x |
| 2025-12-11 | 14.35x |
| 2025-12-10 | 14.26x |
| 2025-12-09 | 14.30x |
| 2025-12-08 | 14.74x |
| 2025-12-05 | 14.77x |
| 2025-12-04 | 14.79x |
| 2025-12-03 | 14.80x |
| 2025-12-02 | 14.71x |
| 2025-12-01 | 14.82x |
| 2025-11-28 | 14.94x |
| 2025-11-26 | 14.94x |
| 2025-11-25 | 14.65x |
| 2025-11-24 | 14.24x |
| 2025-11-21 | 13.84x |
| 2025-11-20 | 13.35x |
| 2025-11-19 | 13.49x |
| 2025-11-18 | 13.58x |
| 2025-11-17 | 13.37x |
| 2025-11-14 | 13.09x |
| 2025-11-13 | 12.80x |
| 2025-11-12 | 13.27x |
| 2025-11-11 | 13.24x |
| 2025-11-10 | 12.75x |
| 2025-11-07 | 13.42x |
| 2025-11-06 | 13.51x |
| 2025-11-05 | 13.61x |
| 2025-11-04 | 13.31x |
| 2025-11-03 | 13.43x |
| 2025-10-31 | 13.54x |
| 2025-10-30 | 13.52x |
| 2025-10-29 | 15.07x |
| 2025-10-28 | 15.40x |
| 2025-10-27 | 15.29x |
| 2025-10-24 | 14.87x |
| 2025-10-23 | 15.00x |
| 2025-10-22 | 15.00x |
| 2025-10-21 | 15.03x |
| 2025-10-20 | 15.39x |
| 2025-10-17 | 15.31x |
| 2025-10-16 | 15.30x |
| 2025-10-15 | 15.17x |
| 2025-10-14 | 14.97x |
| 2025-10-13 | 14.82x |
| 2025-10-10 | 14.70x |
| 2025-10-09 | 14.76x |
| 2025-10-08 | 14.70x |
| 2025-10-07 | 14.50x |
| 2025-10-06 | 14.52x |
| 2025-10-03 | 14.54x |
| 2025-10-02 | 14.40x |
| 2025-10-01 | 13.90x |
| 2025-09-30 | 13.82x |
| 2025-09-29 | 13.58x |
| 2025-09-26 | 13.57x |
| 2025-09-25 | 13.35x |
| 2025-09-24 | 13.54x |
| 2025-09-23 | 13.27x |
Showing the most recent 260 of 4,844 data points. The chart above shows the full history.
