Basis: Current FMP quote-based enterprise value / four-quarter operating income. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBIT ratio high or low?
The EV/EBIT ratio of 23.14x is 48% below its estimated 5-year average of 44.12x, near the low end of its estimated 5-year range (9.48x–161.09x).
As of 2026-09-23T08:55:50.404Z. 54.07% below its estimated 12-month average of 50.38x.
Calculation as of: 2026-09-23T08:55:50.404Z.
Quote observation: 2026-09-22T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 81692329afcfb373f9285c6ec5fbc20bb21e5c78cfc984b6fd2e22cb74db49de
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 2026-09-11.
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/EBIT RATIO
23.14x
EV/EBIT RATIO AVG TTM
50.38x
EV/EBIT RATIO AVG 3Y
55.17x
EV/EBIT RATIO AVG 5Y
44.12x
EV/EBIT RATIO AVG 10Y
28.10x
EV/EBIT RATIO AVG 15Y
12.97x
EV/EBIT RATIO AVG 20Y
13.56x
CURRENT VS TTM AVG
-54.07%
CURRENT VS 3Y AVG
-58.05%
CURRENT VS 5Y AVG
-47.55%
CURRENT VS 10Y AVG
-17.64%
CURRENT VS 15Y AVG
+78.47%
CURRENT VS 20Y AVG
+70.61%
SECTOR MEDIAN · INDUSTRIALS
23.03x
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+0.48%
vs the sector median at left
Southwest Airlines Co.
Market Cap
$20.59B
EV/EBIT Ratio
23.14x
TTM Avg
50.38x
3Y Avg
55.17x
5Y Avg
44.12x
Market Cap
$20.80B
EV/EBIT Ratio
29.05x
TTM Avg
34.56x
3Y Avg
32.68x
5Y Avg
26.02x
Market Cap
$20.33B
EV/EBIT Ratio
30.49x
TTM Avg
39.73x
3Y Avg
29.83x
5Y Avg
25.46x
Market Cap
$19.23B
EV/EBIT Ratio
15.63x
TTM Avg
14.92x
3Y Avg
13.15x
5Y Avg
12.32x
Market Cap
$22.30B
EV/EBIT Ratio
24.53x
TTM Avg
26.34x
3Y Avg
22.67x
5Y Avg
20.73x
Market Cap
$23.35B
EV/EBIT Ratio
19.01x
TTM Avg
19.45x
3Y Avg
20.95x
5Y Avg
20.95x
Market Cap
$17.81B
EV/EBIT Ratio
24.36x
TTM Avg
23.70x
3Y Avg
22.96x
5Y Avg
22.76x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Southwest Airlines Co. (LUV) | $20.59B | 23.14x | 50.38x | 55.17x | 44.12x |
| XPO Logistics, Inc. (XPO)vs › | $20.80B | 29.05x | 34.56x | 32.68x | 26.02x |
| Curtiss-Wright Corporation (CW)vs › | $20.33B | 30.49x | 39.73x | 29.83x | 25.46x |
| Snap-on Incorporated (SNA)vs › | $19.23B | 15.63x | 14.92x | 13.15x | 12.32x |
| MTU Aero Engines AG (MTUAY)vs › | $22.11B | N/A | N/A | N/A | N/A |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $22.30B | 24.53x | 26.34x | 22.67x | 20.73x |
| Equifax Inc. (EFX)vs › | $18.77B | 20.92x | 26.01x | 33.50x | 32.13x |
| Veralto Corporation (VLTO)vs › | $23.35B | 19.01x | 19.45x | 20.95x | 20.95x |
| Nordson Corporation (NDSN)vs › | $17.81B | 24.36x | 23.70x | 22.96x | 22.76x |
| MasTec, Inc. (MTZ)vs › | $17.80B | 22.21x | 33.61x | 32.18x | 28.68x |
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-09-11 | 22.13x |
| 2026-09-10 | 21.87x |
| 2026-09-09 | 21.86x |
| 2026-09-08 | 21.86x |
| 2026-09-04 | 22.31x |
| 2026-09-03 | 21.89x |
| 2026-09-02 | 21.83x |
| 2026-09-01 | 21.39x |
| 2026-08-31 | 21.79x |
| 2026-08-28 | 22.32x |
| 2026-08-27 | 22.38x |
| 2026-08-26 | 22.82x |
| 2026-08-25 | 22.89x |
| 2026-08-24 | 22.84x |
| 2026-08-21 | 22.68x |
| 2026-08-20 | 22.44x |
| 2026-08-19 | 23.17x |
| 2026-08-18 | 23.69x |
| 2026-08-17 | 24.10x |
| 2026-08-14 | 24.53x |
| 2026-08-13 | 24.83x |
| 2026-08-12 | 24.88x |
| 2026-08-11 | 25.14x |
| 2026-08-10 | 24.84x |
| 2026-08-07 | 25.87x |
| 2026-08-06 | 25.82x |
| 2026-08-05 | 26.70x |
| 2026-08-04 | 26.66x |
| 2026-08-03 | 25.88x |
| 2026-07-31 | 24.87x |
| 2026-07-30 | 25.17x |
| 2026-07-29 | 24.59x |
| 2026-07-28 | 25.51x |
| 2026-07-27 | 25.07x |
| 2026-07-24 | 24.93x |
| 2026-07-23 | 26.51x |
| 2026-07-22 | 28.02x |
| 2026-07-21 | 28.55x |
| 2026-07-20 | 28.37x |
| 2026-07-17 | 28.24x |
| 2026-07-16 | 28.93x |
| 2026-07-15 | 28.84x |
| 2026-07-14 | 27.97x |
| 2026-07-13 | 28.16x |
| 2026-07-10 | 28.42x |
| 2026-07-09 | 28.82x |
| 2026-07-08 | 28.54x |
| 2026-07-07 | 28.93x |
| 2026-07-06 | 29.64x |
| 2026-07-02 | 29.35x |
| 2026-07-01 | 29.46x |
| 2026-06-30 | 29.95x |
| 2026-06-29 | 30.04x |
| 2026-06-26 | 30.20x |
| 2026-06-25 | 30.29x |
| 2026-06-24 | 29.71x |
| 2026-06-23 | 28.92x |
| 2026-06-22 | 28.49x |
| 2026-06-18 | 28.18x |
| 2026-06-17 | 27.51x |
| 2026-06-16 | 27.91x |
| 2026-06-15 | 27.21x |
| 2026-06-12 | 26.90x |
| 2026-06-11 | 26.30x |
| 2026-06-10 | 24.81x |
| 2026-06-09 | 25.72x |
| 2026-06-08 | 24.62x |
| 2026-06-05 | 24.89x |
| 2026-06-04 | 24.77x |
| 2026-06-03 | 24.54x |
| 2026-06-02 | 25.30x |
| 2026-06-01 | 25.51x |
| 2026-05-29 | 25.61x |
| 2026-05-28 | 25.79x |
| 2026-05-27 | 25.98x |
| 2026-05-26 | 25.26x |
| 2026-05-22 | 24.54x |
| 2026-05-21 | 24.50x |
| 2026-05-20 | 23.94x |
| 2026-05-19 | 22.74x |
| 2026-05-18 | 23.25x |
| 2026-05-15 | 23.33x |
| 2026-05-14 | 23.75x |
| 2026-05-13 | 23.79x |
| 2026-05-12 | 23.83x |
| 2026-05-11 | 24.09x |
| 2026-05-08 | 24.77x |
| 2026-05-07 | 24.81x |
| 2026-05-06 | 24.86x |
| 2026-05-05 | 23.95x |
| 2026-05-04 | 23.25x |
| 2026-05-01 | 23.46x |
| 2026-04-30 | 23.03x |
| 2026-04-29 | 22.67x |
| 2026-04-28 | 23.08x |
| 2026-04-27 | 23.17x |
| 2026-04-24 | 23.81x |
| 2026-04-23 | 53.31x |
| 2026-04-22 | 55.26x |
| 2026-04-21 | 57.17x |
| 2026-04-20 | 58.27x |
| 2026-04-17 | 59.34x |
| 2026-04-16 | 56.82x |
| 2026-04-15 | 58.12x |
| 2026-04-14 | 57.59x |
| 2026-04-13 | 55.38x |
| 2026-04-10 | 55.52x |
| 2026-04-09 | 56.31x |
| 2026-04-08 | 56.54x |
| 2026-04-07 | 53.46x |
| 2026-04-06 | 53.84x |
| 2026-04-02 | 53.13x |
| 2026-04-01 | 53.90x |
| 2026-03-31 | 53.09x |
| 2026-03-30 | 51.54x |
| 2026-03-27 | 52.84x |
| 2026-03-26 | 55.48x |
| 2026-03-25 | 56.28x |
| 2026-03-24 | 55.84x |
| 2026-03-23 | 56.48x |
| 2026-03-20 | 55.33x |
| 2026-03-19 | 57.11x |
| 2026-03-18 | 56.28x |
| 2026-03-17 | 57.41x |
| 2026-03-16 | 56.33x |
| 2026-03-13 | 54.53x |
| 2026-03-12 | 54.36x |
| 2026-03-11 | 58.30x |
| 2026-03-10 | 59.48x |
| 2026-03-09 | 59.74x |
| 2026-03-06 | 57.95x |
| 2026-03-05 | 60.80x |
| 2026-03-04 | 64.76x |
| 2026-03-03 | 65.49x |
| 2026-03-02 | 66.12x |
| 2026-02-27 | 67.32x |
| 2026-02-26 | 69.36x |
| 2026-02-25 | 68.09x |
| 2026-02-24 | 69.00x |
| 2026-02-23 | 69.32x |
| 2026-02-20 | 70.77x |
| 2026-02-19 | 70.76x |
| 2026-02-18 | 74.07x |
| 2026-02-17 | 73.41x |
| 2026-02-13 | 69.58x |
| 2026-02-12 | 69.23x |
| 2026-02-11 | 69.97x |
| 2026-02-10 | 73.18x |
| 2026-02-09 | 72.31x |
| 2026-02-06 | 73.41x |
| 2026-02-05 | 95.16x |
| 2026-02-04 | 95.30x |
| 2026-02-03 | 92.96x |
| 2026-02-02 | 90.37x |
| 2026-01-30 | 86.83x |
| 2026-01-29 | 88.47x |
| 2026-01-28 | 75.71x |
| 2026-01-27 | 76.51x |
| 2026-01-26 | 77.66x |
| 2026-01-23 | 77.53x |
| 2026-01-22 | 78.35x |
| 2026-01-21 | 79.03x |
| 2026-01-20 | 78.25x |
| 2026-01-16 | 79.48x |
| 2026-01-15 | 79.45x |
| 2026-01-14 | 78.53x |
| 2026-01-13 | 79.62x |
| 2026-01-12 | 80.70x |
| 2026-01-09 | 81.82x |
| 2026-01-08 | 79.15x |
| 2026-01-07 | 78.68x |
| 2026-01-06 | 78.40x |
| 2026-01-05 | 78.35x |
| 2026-01-02 | 76.44x |
| 2025-12-31 | 76.49x |
| 2025-12-30 | 76.39x |
| 2025-12-29 | 76.14x |
| 2025-12-26 | 76.41x |
| 2025-12-24 | 76.74x |
| 2025-12-23 | 76.88x |
| 2025-12-22 | 78.01x |
| 2025-12-19 | 76.38x |
| 2025-12-18 | 75.49x |
| 2025-12-17 | 75.91x |
| 2025-12-16 | 77.90x |
| 2025-12-15 | 77.15x |
| 2025-12-12 | 76.23x |
| 2025-12-11 | 75.51x |
| 2025-12-10 | 73.99x |
| 2025-12-09 | 71.18x |
| 2025-12-08 | 70.85x |
| 2025-12-05 | 70.68x |
| 2025-12-04 | 67.28x |
| 2025-12-03 | 67.06x |
| 2025-12-02 | 66.64x |
| 2025-12-01 | 65.54x |
| 2025-11-28 | 65.61x |
| 2025-11-26 | 66.02x |
| 2025-11-25 | 64.86x |
| 2025-11-24 | 63.05x |
| 2025-11-21 | 62.25x |
| 2025-11-20 | 59.51x |
| 2025-11-19 | 60.78x |
| 2025-11-18 | 60.85x |
| 2025-11-17 | 60.66x |
| 2025-11-14 | 62.28x |
| 2025-11-13 | 62.65x |
| 2025-11-12 | 63.15x |
| 2025-11-11 | 60.90x |
| 2025-11-10 | 62.02x |
| 2025-11-07 | 61.67x |
| 2025-11-06 | 60.10x |
| 2025-11-05 | 60.28x |
| 2025-11-04 | 57.02x |
| 2025-11-03 | 58.29x |
| 2025-10-31 | 58.08x |
| 2025-10-30 | 57.72x |
| 2025-10-29 | 58.68x |
| 2025-10-28 | 59.39x |
| 2025-10-27 | 61.33x |
| 2025-10-24 | 61.25x |
| 2025-10-23 | 59.71x |
| 2025-10-22 | 63.30x |
| 2025-10-21 | 64.87x |
| 2025-10-20 | 64.44x |
| 2025-10-17 | 62.89x |
| 2025-10-16 | 62.50x |
| 2025-10-15 | 62.96x |
| 2025-10-14 | 62.72x |
| 2025-10-13 | 60.14x |
| 2025-10-10 | 59.10x |
| 2025-10-09 | 59.76x |
| 2025-10-08 | 61.07x |
| 2025-10-07 | 60.97x |
| 2025-10-06 | 61.29x |
| 2025-10-03 | 61.19x |
| 2025-10-02 | 60.84x |
| 2025-10-01 | 60.78x |
| 2025-09-30 | 60.16x |
| 2025-09-29 | 61.60x |
| 2025-09-26 | 61.21x |
| 2025-09-25 | 60.19x |
| 2025-09-24 | 62.11x |
| 2025-09-23 | 62.59x |
| 2025-09-22 | 60.82x |
| 2025-09-19 | 61.19x |
| 2025-09-18 | 60.77x |
| 2025-09-17 | 60.51x |
| 2025-09-16 | 59.58x |
| 2025-09-15 | 59.34x |
| 2025-09-12 | 59.73x |
| 2025-09-11 | 59.83x |
| 2025-09-10 | 58.79x |
| 2025-09-09 | 58.59x |
| 2025-09-08 | 59.81x |
| 2025-09-05 | 59.27x |
| 2025-09-04 | 58.81x |
| 2025-09-03 | 60.87x |
| 2025-09-02 | 60.73x |
| 2025-08-29 | 61.84x |
Showing the most recent 260 of 4,647 data points. The chart above shows the full history.
