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 20.37x is 36% above its 5-year average of 14.93x, near the high end of its 5-year range (11.61x–21.20x).
As of Friday, July 31, 2026. 17.31% above its 12-month average of 17.36x.
EV/EBITDA RATIO
20.37x
EV/EBITDA RATIO AVG TTM
17.36x
EV/EBITDA RATIO AVG 3Y
14.65x
EV/EBITDA RATIO AVG 5Y
14.87x
EV/EBITDA RATIO AVG 10Y
14.70x
EV/EBITDA RATIO AVG 15Y
13.66x
EV/EBITDA RATIO AVG 20Y
12.72x
CURRENT VS TTM AVG
+17.31%
CURRENT VS 3Y AVG
+39.04%
CURRENT VS 5Y AVG
+36.96%
CURRENT VS 10Y AVG
+38.53%
CURRENT VS 15Y AVG
+49.07%
CURRENT VS 20Y AVG
+60.20%
SECTOR MEDIAN · HEALTHCARE
16.86x
median of 72 covered companies
CURRENT VS SECTOR MEDIAN
+20.85%
vs the sector median at left
Johnson & Johnson
Market Cap
$617.78B
EV/EBITDA Ratio
20.37x
TTM Avg
17.36x
3Y Avg
14.65x
5Y Avg
14.87x
Market Cap
$321.62B
EV/EBITDA Ratio
15.06x
TTM Avg
10.74x
3Y Avg
19.59x
5Y Avg
18.13x
Market Cap
$1.08T
EV/EBITDA Ratio
30.88x
TTM Avg
30.48x
3Y Avg
43.59x
5Y Avg
38.93x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Johnson & Johnson (JNJ) | $617.78B | 20.37x | 17.36x | 14.65x | 14.87x |
| Pfizer Inc. (PFE)vs › | $142.54B | 9.81x | 8.97x | 13.05x | 11.91x |
| Merck & Co., Inc. (MRK)vs › | $321.62B | 15.06x | 10.74x | 19.59x | 18.13x |
| AbbVie Inc. (ABBV)vs › | $443.24B | 20.50x | 22.17x | 18.93x | 16.27x |
| Eli Lilly and Company (LLY)vs › | $1.08T | 30.88x | 30.48x | 43.59x | 38.93x |
| Bristol-Myers Squibb Company (BMY)vs › | $133.37B | 9.93x | 8.13x | 8.01x | 8.72x |
At 20.4, EV/EBITDA is richer than usual, sitting higher than 100% of its 20-year history.
20-year low
6.9
median
12.9
20-year high
21.2
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 |
|---|---|
| 2026-07-30 | 20.37x |
| 2026-07-29 | 21.11x |
| 2026-07-28 | 21.20x |
| 2026-07-27 | 21.14x |
| 2026-07-24 | 20.95x |
| 2026-07-23 | 20.63x |
| 2026-07-22 | 19.58x |
| 2026-07-21 | 19.21x |
| 2026-07-20 | 19.08x |
| 2026-07-17 | 19.39x |
| 2026-07-16 | 19.17x |
| 2026-07-15 | 18.95x |
| 2026-07-14 | 19.45x |
| 2026-07-13 | 19.73x |
| 2026-07-10 | 19.68x |
| 2026-07-09 | 19.83x |
| 2026-07-08 | 20.14x |
| 2026-07-07 | 20.42x |
| 2026-07-06 | 19.85x |
| 2026-07-02 | 20.12x |
| 2026-07-01 | 19.46x |
| 2026-06-30 | 19.46x |
| 2026-06-29 | 19.79x |
| 2026-06-26 | 19.51x |
| 2026-06-25 | 18.80x |
| 2026-06-24 | 18.51x |
| 2026-06-23 | 18.38x |
| 2026-06-22 | 17.81x |
| 2026-06-18 | 17.60x |
| 2026-06-17 | 18.02x |
| 2026-06-16 | 18.09x |
| 2026-06-15 | 18.13x |
| 2026-06-12 | 18.51x |
| 2026-06-11 | 18.32x |
| 2026-06-10 | 18.33x |
| 2026-06-09 | 18.22x |
| 2026-06-08 | 17.87x |
| 2026-06-05 | 17.92x |
| 2026-06-04 | 17.58x |
| 2026-06-03 | 17.22x |
| 2026-06-02 | 17.20x |
| 2026-06-01 | 17.24x |
| 2026-05-29 | 17.38x |
| 2026-05-28 | 17.77x |
| 2026-05-27 | 17.81x |
| 2026-05-26 | 17.73x |
| 2026-05-22 | 18.03x |
| 2026-05-21 | 17.84x |
| 2026-05-20 | 17.67x |
| 2026-05-19 | 17.71x |
| 2026-05-18 | 17.64x |
| 2026-05-15 | 17.48x |
| 2026-05-14 | 17.77x |
| 2026-05-13 | 17.75x |
| 2026-05-12 | 17.30x |
| 2026-05-11 | 17.09x |
| 2026-05-08 | 17.08x |
| 2026-05-07 | 17.17x |
| 2026-05-06 | 17.32x |
| 2026-05-05 | 17.39x |
| 2026-05-04 | 17.29x |
| 2026-05-01 | 17.51x |
| 2026-04-30 | 17.70x |
| 2026-04-29 | 17.52x |
| 2026-04-28 | 17.55x |
| 2026-04-27 | 17.38x |
| 2026-04-24 | 17.53x |
| 2026-04-23 | 17.76x |
| 2026-04-22 | 17.43x |
| 2026-04-21 | 17.41x |
| 2026-04-20 | 17.74x |
| 2026-04-17 | 18.00x |
| 2026-04-16 | 18.03x |
| 2026-04-15 | 18.33x |
| 2026-04-14 | 18.43x |
| 2026-04-13 | 18.28x |
| 2026-04-10 | 18.31x |
| 2026-04-09 | 18.52x |
| 2026-04-08 | 18.52x |
| 2026-04-07 | 18.31x |
| 2026-04-06 | 18.50x |
| 2026-04-02 | 18.65x |
| 2026-04-01 | 18.73x |
| 2026-03-31 | 18.75x |
| 2026-03-30 | 18.61x |
| 2026-03-27 | 18.46x |
| 2026-03-26 | 18.37x |
| 2026-03-25 | 18.42x |
| 2026-03-24 | 18.08x |
| 2026-03-23 | 18.09x |
| 2026-03-20 | 18.09x |
| 2026-03-19 | 18.25x |
| 2026-03-18 | 18.23x |
| 2026-03-17 | 18.29x |
| 2026-03-16 | 18.66x |
| 2026-03-13 | 18.54x |
| 2026-03-12 | 18.58x |
| 2026-03-11 | 18.65x |
| 2026-03-10 | 18.70x |
| 2026-03-09 | 18.62x |
| 2026-03-06 | 18.46x |
| 2026-03-05 | 18.40x |
| 2026-03-04 | 18.81x |
| 2026-03-03 | 18.92x |
| 2026-03-02 | 19.05x |
| 2026-02-27 | 19.04x |
| 2026-02-26 | 18.68x |
| 2026-02-25 | 18.81x |
| 2026-02-24 | 18.89x |
| 2026-02-23 | 18.85x |
| 2026-02-20 | 18.61x |
| 2026-02-19 | 18.93x |
| 2026-02-18 | 18.79x |
| 2026-02-17 | 18.67x |
| 2026-02-13 | 18.68x |
| 2026-02-12 | 18.76x |
| 2026-02-11 | 18.49x |
| 2026-02-10 | 19.29x |
| 2026-02-09 | 19.31x |
| 2026-02-06 | 19.42x |
| 2026-02-05 | 19.25x |
| 2026-02-04 | 18.99x |
| 2026-02-03 | 18.89x |
| 2026-02-02 | 18.70x |
| 2026-01-30 | 18.43x |
| 2026-01-29 | 18.44x |
| 2026-01-28 | 18.47x |
| 2026-01-27 | 18.22x |
| 2026-01-26 | 17.99x |
| 2026-01-23 | 17.88x |
| 2026-01-22 | 17.76x |
| 2026-01-21 | 17.72x |
| 2026-01-20 | 17.74x |
| 2026-01-16 | 17.77x |
| 2026-01-15 | 17.84x |
| 2026-01-14 | 17.76x |
| 2026-01-13 | 17.38x |
| 2026-01-12 | 17.08x |
| 2026-01-09 | 16.67x |
| 2026-01-08 | 16.77x |
| 2026-01-07 | 16.91x |
| 2026-01-06 | 16.70x |
| 2026-01-05 | 16.66x |
| 2026-01-02 | 16.90x |
| 2025-12-31 | 16.87x |
| 2025-12-30 | 16.86x |
| 2025-12-29 | 16.91x |
| 2025-12-26 | 16.92x |
| 2025-12-24 | 16.93x |
| 2025-12-23 | 16.78x |
| 2025-12-22 | 16.89x |
| 2025-12-19 | 16.82x |
| 2025-12-18 | 16.97x |
| 2025-12-17 | 17.13x |
| 2025-12-16 | 17.05x |
| 2025-12-15 | 17.42x |
| 2025-12-12 | 17.22x |
| 2025-12-11 | 17.10x |
| 2025-12-10 | 16.83x |
| 2025-12-09 | 16.33x |
| 2025-12-08 | 16.45x |
| 2025-12-05 | 16.48x |
| 2025-12-04 | 16.52x |
| 2025-12-03 | 16.74x |
| 2025-12-02 | 16.75x |
| 2025-12-01 | 16.74x |
| 2025-11-28 | 16.86x |
| 2025-11-26 | 16.91x |
| 2025-11-25 | 16.84x |
| 2025-11-24 | 16.80x |
| 2025-11-21 | 16.63x |
| 2025-11-20 | 16.57x |
| 2025-11-19 | 16.52x |
| 2025-11-18 | 16.33x |
| 2025-11-17 | 16.30x |
| 2025-11-14 | 16.01x |
| 2025-11-13 | 15.96x |
| 2025-11-12 | 15.90x |
| 2025-11-11 | 15.85x |
| 2025-11-10 | 15.43x |
| 2025-11-07 | 15.29x |
| 2025-11-06 | 15.32x |
| 2025-11-05 | 15.25x |
| 2025-11-04 | 15.31x |
| 2025-11-03 | 15.27x |
| 2025-10-31 | 15.47x |
| 2025-10-30 | 15.48x |
| 2025-10-29 | 15.29x |
| 2025-10-28 | 15.32x |
| 2025-10-27 | 15.58x |
| 2025-10-24 | 15.59x |
| 2025-10-23 | 15.75x |
| 2025-10-22 | 15.78x |
| 2025-10-21 | 16.72x |
| 2025-10-20 | 16.87x |
| 2025-10-17 | 16.83x |
| 2025-10-16 | 16.74x |
| 2025-10-15 | 16.66x |
| 2025-10-14 | 16.64x |
| 2025-10-13 | 16.64x |
| 2025-10-10 | 16.63x |
| 2025-10-09 | 16.66x |
| 2025-10-08 | 16.54x |
| 2025-10-07 | 16.48x |
| 2025-10-06 | 16.42x |
| 2025-10-03 | 16.46x |
| 2025-10-02 | 16.24x |
| 2025-10-01 | 16.25x |
| 2025-09-30 | 16.19x |
| 2025-09-29 | 15.88x |
| 2025-09-26 | 15.73x |
| 2025-09-25 | 15.57x |
| 2025-09-24 | 15.48x |
| 2025-09-23 | 15.47x |
| 2025-09-22 | 15.28x |
| 2025-09-19 | 15.44x |
| 2025-09-18 | 15.28x |
| 2025-09-17 | 15.52x |
| 2025-09-16 | 15.46x |
| 2025-09-15 | 15.54x |
| 2025-09-12 | 15.59x |
| 2025-09-11 | 15.63x |
| 2025-09-10 | 15.41x |
| 2025-09-09 | 15.51x |
| 2025-09-08 | 15.60x |
| 2025-09-05 | 15.62x |
| 2025-09-04 | 15.65x |
| 2025-09-03 | 15.59x |
| 2025-09-02 | 15.59x |
| 2025-08-29 | 15.52x |
| 2025-08-28 | 15.38x |
| 2025-08-27 | 15.49x |
| 2025-08-26 | 15.47x |
| 2025-08-25 | 15.62x |
| 2025-08-22 | 15.69x |
| 2025-08-21 | 15.67x |
| 2025-08-20 | 15.66x |
| 2025-08-19 | 15.57x |
| 2025-08-18 | 15.45x |
| 2025-08-15 | 15.48x |
| 2025-08-14 | 15.32x |
| 2025-08-13 | 15.30x |
| 2025-08-12 | 15.16x |
| 2025-08-11 | 15.25x |
| 2025-08-08 | 15.21x |
| 2025-08-07 | 15.06x |
| 2025-08-06 | 14.99x |
| 2025-08-05 | 15.00x |
| 2025-08-04 | 15.02x |
| 2025-08-01 | 14.72x |
| 2025-07-31 | 14.51x |
| 2025-07-30 | 14.71x |
| 2025-07-29 | 14.78x |
| 2025-07-28 | 14.63x |
| 2025-07-25 | 14.80x |
| 2025-07-24 | 14.90x |
| 2025-07-23 | 14.42x |
| 2025-07-22 | 14.33x |
| 2025-07-21 | 14.03x |
| 2025-07-18 | 13.98x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
