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 34.80x is 22% below its estimated 5-year average of 44.88x, near the low end of its estimated 5-year range (29.26x–680.88x).
As of 2026-10-06T15:07:23.201Z. 11.50% below its estimated 12-month average of 39.32x.
Calculation as of: 2026-10-06T15:07:23.201Z.
Quote observation: 2026-10-06T15:05:19.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 86267c31300e5632118d853975c1c782a695d65279c84a9c7564e72742fbe414
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
34.80x
EV/EBITDA RATIO AVG TTM
39.32x
EV/EBITDA RATIO AVG 3Y
44.88x
EV/EBITDA RATIO AVG 5Y
44.88x
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
-11.50%
CURRENT VS 3Y AVG
-22.46%
CURRENT VS 5Y AVG
-22.46%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
15.54x
median of 185 covered companies
CURRENT VS SECTOR MEDIAN
+123.94%
vs the sector median at left
LifeStance Health Group, Inc.
Market Cap
$4.65B
EV/EBITDA Ratio
34.80x
TTM Avg
39.32x
3Y Avg
44.88x
5Y Avg
44.88x
Market Cap
$4.64B
EV/EBITDA Ratio
13.96x
TTM Avg
13.23x
3Y Avg
15.13x
5Y Avg
17.95x
Market Cap
$4.64B
EV/EBITDA Ratio
76.17x
TTM Avg
416.98x
3Y Avg
416.98x
5Y Avg
416.98x
Market Cap
$4.68B
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.81B
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.87B
EV/EBITDA Ratio
N/A
TTM Avg
2239.52x
3Y Avg
2239.52x
5Y Avg
2239.52x
Market Cap
$4.43B
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.41B
EV/EBITDA Ratio
8.81x
TTM Avg
11.30x
3Y Avg
25.94x
5Y Avg
24.40x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LifeStance Health Group, Inc. (LFST) | $4.65B | 34.80x | 39.32x | 44.88x | 44.88x |
| Option Care Health, Inc. (OPCH)vs › | $4.64B | 13.96x | 13.23x | 15.13x | 17.95x |
| BillionToOne, Inc. (BLLN)vs › | $4.64B | 76.17x | 416.98x | 416.98x | 416.98x |
| Definium Therapeutics, Inc. (DFTX)vs › | $4.68B | N/A | N/A | N/A | N/A |
| Dianthus Therapeutics, Inc. (DNTH)vs › | $4.81B | N/A | N/A | N/A | N/A |
| Oruka Therapeutics, Inc. (ORKA)vs › | $4.84B | N/A | N/A | N/A | N/A |
| Mirum Pharmaceuticals, Inc. (MIRM)vs › | $4.87B | N/A | 2239.52x | 2239.52x | 2239.52x |
| Adaptive Biotechnologies Corporation (ADPT)vs › | $4.43B | N/A | N/A | N/A | N/A |
| Indivior Pharmaceuticals Inc (INDV)vs › | $4.41B | 8.81x | 11.30x | 25.94x | 24.40x |
| Heartflow, Inc. Common Stock (HTFL)vs › | $4.38B | N/A | N/A | N/A | N/A |
At 34.8, EV/EBITDA is below its estimated 5-year median — higher than 13% of readings in its estimated 5-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 5-year low
29.3
median
47.7
estimated 5-year high
831.1
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 | 35.40x |
| 2026-10-02 | 34.26x |
| 2026-10-01 | 34.49x |
| 2026-09-30 | 34.84x |
| 2026-09-29 | 34.44x |
| 2026-09-28 | 34.29x |
| 2026-09-25 | 34.29x |
| 2026-09-24 | 34.17x |
| 2026-09-23 | 34.99x |
| 2026-09-22 | 36.36x |
| 2026-09-21 | 36.71x |
| 2026-09-18 | 36.42x |
| 2026-09-17 | 36.53x |
| 2026-09-16 | 37.06x |
| 2026-09-15 | 37.84x |
| 2026-09-14 | 38.78x |
| 2026-09-11 | 37.58x |
| 2026-09-10 | 37.67x |
| 2026-09-09 | 36.56x |
| 2026-09-08 | 37.09x |
| 2026-09-04 | 36.88x |
| 2026-09-03 | 37.17x |
| 2026-09-02 | 37.35x |
| 2026-09-01 | 36.50x |
| 2026-08-31 | 35.81x |
| 2026-08-28 | 35.66x |
| 2026-08-27 | 35.63x |
| 2026-08-26 | 35.19x |
| 2026-08-25 | 35.57x |
| 2026-08-24 | 35.22x |
| 2026-08-21 | 36.13x |
| 2026-08-20 | 36.65x |
| 2026-08-19 | 37.17x |
| 2026-08-18 | 35.81x |
| 2026-08-17 | 36.36x |
| 2026-08-14 | 35.98x |
| 2026-08-13 | 35.40x |
| 2026-08-12 | 35.43x |
| 2026-08-11 | 33.30x |
| 2026-08-10 | 34.47x |
| 2026-08-07 | 31.38x |
| 2026-08-06 | 42.49x |
| 2026-08-05 | 41.34x |
| 2026-08-04 | 40.90x |
| 2026-08-03 | 42.02x |
| 2026-07-31 | 41.78x |
| 2026-07-30 | 42.81x |
| 2026-07-29 | 43.29x |
| 2026-07-28 | 44.81x |
| 2026-07-27 | 43.37x |
| 2026-07-24 | 43.45x |
| 2026-07-23 | 43.09x |
| 2026-07-22 | 43.89x |
| 2026-07-21 | 45.64x |
| 2026-07-20 | 45.20x |
| 2026-07-17 | 46.16x |
| 2026-07-16 | 45.00x |
| 2026-07-15 | 43.73x |
| 2026-07-14 | 43.01x |
| 2026-07-13 | 43.37x |
| 2026-07-10 | 42.69x |
| 2026-07-09 | 43.05x |
| 2026-07-08 | 41.82x |
| 2026-07-07 | 43.45x |
| 2026-07-06 | 43.81x |
| 2026-07-02 | 44.92x |
| 2026-07-01 | 45.56x |
| 2026-06-30 | 42.69x |
| 2026-06-29 | 41.22x |
| 2026-06-26 | 40.98x |
| 2026-06-25 | 39.39x |
| 2026-06-24 | 38.47x |
| 2026-06-23 | 37.63x |
| 2026-06-22 | 36.72x |
| 2026-06-18 | 35.80x |
| 2026-06-17 | 34.32x |
| 2026-06-16 | 34.36x |
| 2026-06-15 | 34.25x |
| 2026-06-12 | 33.89x |
| 2026-06-11 | 34.32x |
| 2026-06-10 | 31.34x |
| 2026-06-09 | 30.54x |
| 2026-06-08 | 29.26x |
| 2026-06-05 | 29.54x |
| 2026-06-04 | 30.46x |
| 2026-06-03 | 29.90x |
| 2026-06-02 | 30.94x |
| 2026-06-01 | 31.65x |
| 2026-05-29 | 30.74x |
| 2026-05-28 | 31.14x |
| 2026-05-27 | 30.34x |
| 2026-05-26 | 30.18x |
| 2026-05-22 | 29.46x |
| 2026-05-21 | 29.74x |
| 2026-05-20 | 30.62x |
| 2026-05-19 | 30.82x |
| 2026-05-18 | 31.10x |
| 2026-05-15 | 30.50x |
| 2026-05-14 | 31.46x |
| 2026-05-13 | 32.29x |
| 2026-05-12 | 31.62x |
| 2026-05-11 | 30.58x |
| 2026-05-08 | 30.70x |
| 2026-05-07 | 43.40x |
| 2026-05-06 | 35.98x |
| 2026-05-05 | 35.88x |
| 2026-05-04 | 35.53x |
| 2026-05-01 | 36.83x |
| 2026-04-30 | 37.02x |
| 2026-04-29 | 36.33x |
| 2026-04-28 | 37.52x |
| 2026-04-27 | 35.53x |
| 2026-04-24 | 34.43x |
| 2026-04-23 | 34.14x |
| 2026-04-22 | 33.74x |
| 2026-04-21 | 33.14x |
| 2026-04-20 | 33.79x |
| 2026-04-17 | 33.64x |
| 2026-04-16 | 32.54x |
| 2026-04-15 | 31.94x |
| 2026-04-14 | 31.74x |
| 2026-04-13 | 31.49x |
| 2026-04-10 | 31.20x |
| 2026-04-09 | 31.64x |
| 2026-04-08 | 31.89x |
| 2026-04-07 | 31.25x |
| 2026-04-06 | 31.20x |
| 2026-04-02 | 30.75x |
| 2026-04-01 | 31.05x |
| 2026-03-31 | 31.05x |
| 2026-03-30 | 30.40x |
| 2026-03-27 | 30.80x |
| 2026-03-26 | 32.64x |
| 2026-03-25 | 32.44x |
| 2026-03-24 | 31.44x |
| 2026-03-23 | 31.84x |
| 2026-03-20 | 31.20x |
| 2026-03-19 | 31.49x |
| 2026-03-18 | 31.25x |
| 2026-03-17 | 32.09x |
| 2026-03-16 | 31.44x |
| 2026-03-13 | 30.85x |
| 2026-03-12 | 30.85x |
| 2026-03-11 | 32.39x |
| 2026-03-10 | 32.84x |
| 2026-03-09 | 33.74x |
| 2026-03-06 | 33.84x |
| 2026-03-05 | 33.94x |
| 2026-03-04 | 35.83x |
| 2026-03-03 | 35.53x |
| 2026-03-02 | 34.88x |
| 2026-02-27 | 35.38x |
| 2026-02-26 | 33.99x |
| 2026-02-25 | 49.93x |
| 2026-02-24 | 48.27x |
| 2026-02-23 | 47.96x |
| 2026-02-20 | 48.33x |
| 2026-02-19 | 48.58x |
| 2026-02-18 | 48.21x |
| 2026-02-17 | 47.65x |
| 2026-02-13 | 47.59x |
| 2026-02-12 | 46.91x |
| 2026-02-11 | 46.98x |
| 2026-02-10 | 47.10x |
| 2026-02-09 | 46.24x |
| 2026-02-06 | 46.36x |
| 2026-02-05 | 44.57x |
| 2026-02-04 | 46.98x |
| 2026-02-03 | 48.08x |
| 2026-02-02 | 48.52x |
| 2026-01-30 | 47.84x |
| 2026-01-29 | 47.84x |
| 2026-01-28 | 48.02x |
| 2026-01-27 | 48.02x |
| 2026-01-26 | 49.32x |
| 2026-01-23 | 49.50x |
| 2026-01-22 | 49.69x |
| 2026-01-21 | 48.70x |
| 2026-01-20 | 48.52x |
| 2026-01-16 | 48.95x |
| 2026-01-15 | 50.12x |
| 2026-01-14 | 48.95x |
| 2026-01-13 | 48.95x |
| 2026-01-12 | 50.24x |
| 2026-01-09 | 49.87x |
| 2026-01-08 | 49.75x |
| 2026-01-07 | 49.26x |
| 2026-01-06 | 49.13x |
| 2026-01-05 | 47.72x |
| 2026-01-02 | 47.16x |
| 2025-12-31 | 47.65x |
| 2025-12-30 | 48.21x |
| 2025-12-29 | 48.15x |
| 2025-12-26 | 48.21x |
| 2025-12-24 | 47.96x |
| 2025-12-23 | 47.78x |
| 2025-12-22 | 47.72x |
| 2025-12-19 | 47.72x |
| 2025-12-18 | 47.04x |
| 2025-12-17 | 46.85x |
| 2025-12-16 | 46.67x |
| 2025-12-15 | 46.91x |
| 2025-12-12 | 46.85x |
| 2025-12-11 | 45.93x |
| 2025-12-10 | 45.87x |
| 2025-12-09 | 44.20x |
| 2025-12-08 | 43.77x |
| 2025-12-05 | 44.20x |
| 2025-12-04 | 44.08x |
| 2025-12-03 | 43.71x |
| 2025-12-02 | 43.09x |
| 2025-12-01 | 43.77x |
| 2025-11-28 | 44.33x |
| 2025-11-26 | 44.70x |
| 2025-11-25 | 45.13x |
| 2025-11-24 | 44.26x |
| 2025-11-21 | 43.96x |
| 2025-11-20 | 42.35x |
| 2025-11-19 | 42.35x |
| 2025-11-18 | 42.48x |
| 2025-11-17 | 42.79x |
| 2025-11-14 | 43.71x |
| 2025-11-13 | 43.16x |
| 2025-11-12 | 43.96x |
| 2025-11-11 | 44.14x |
| 2025-11-10 | 43.89x |
| 2025-11-07 | 43.03x |
| 2025-11-06 | 47.16x |
| 2025-11-05 | 37.44x |
| 2025-11-04 | 38.59x |
| 2025-11-03 | 38.18x |
| 2025-10-31 | 38.05x |
| 2025-10-30 | 38.11x |
| 2025-10-29 | 38.59x |
| 2025-10-28 | 39.40x |
| 2025-10-27 | 39.46x |
| 2025-10-24 | 40.07x |
| 2025-10-23 | 39.67x |
| 2025-10-22 | 39.46x |
| 2025-10-21 | 40.07x |
| 2025-10-20 | 39.80x |
| 2025-10-17 | 38.99x |
| 2025-10-16 | 38.99x |
| 2025-10-15 | 40.00x |
| 2025-10-14 | 39.33x |
| 2025-10-13 | 39.46x |
| 2025-10-10 | 39.06x |
| 2025-10-09 | 41.15x |
| 2025-10-08 | 43.04x |
| 2025-10-07 | 42.30x |
| 2025-10-06 | 42.84x |
| 2025-10-03 | 42.16x |
| 2025-10-02 | 41.08x |
| 2025-10-01 | 41.76x |
| 2025-09-30 | 42.09x |
| 2025-09-29 | 41.55x |
| 2025-09-26 | 41.55x |
| 2025-09-25 | 40.47x |
| 2025-09-24 | 41.49x |
| 2025-09-23 | 41.08x |
Showing the most recent 260 of 584 data points. The chart above shows the full history.
