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 25.85x is 27% above its estimated 4-year average of 20.30x, near the low end of its estimated 4-year range (14.09x–73.36x).
As of 2026-09-16T00:05:59.238Z. 10.04% above its estimated 12-month average of 23.49x.
Calculation as of: 2026-09-16T00:05:59.238Z.
Quote observation: 2026-09-15T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d2e110613e6ca9d0bdcf5354d3850ea97c470c2e250bcec799958c62246b8afe
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/EBITDA RATIO
25.85x
EV/EBITDA RATIO AVG TTM
23.49x
EV/EBITDA RATIO AVG 3Y
20.62x
EV/EBITDA RATIO AVG 5Y
20.30x
EV/EBITDA RATIO AVG 10Y
19.11x
EV/EBITDA RATIO AVG 15Y
15.68x
EV/EBITDA RATIO AVG 20Y
14.81x
CURRENT VS TTM AVG
+10.04%
CURRENT VS 3Y AVG
+25.34%
CURRENT VS 5Y AVG
+27.32%
CURRENT VS 10Y AVG
+35.28%
CURRENT VS 15Y AVG
+64.88%
CURRENT VS 20Y AVG
+74.53%
SECTOR MEDIAN · COMMUNICATION SERVICES
11.55x
median of 27 covered companies
CURRENT VS SECTOR MEDIAN
+123.81%
vs the sector median at left
Live Nation Entertainment, Inc.
Market Cap
$39.62B
EV/EBITDA Ratio
25.85x
TTM Avg
23.49x
3Y Avg
20.62x
5Y Avg
20.30x
Market Cap
$30.72B
EV/EBITDA Ratio
36.50x
TTM Avg
111.31x
3Y Avg
191.60x
5Y Avg
191.60x
Market Cap
$19.03B
EV/EBITDA Ratio
5.58x
TTM Avg
5.63x
3Y Avg
6.44x
5Y Avg
7.27x
Market Cap
$17.08B
EV/EBITDA Ratio
11.83x
TTM Avg
10.77x
3Y Avg
11.82x
5Y Avg
10.75x
Market Cap
$14.25B
EV/EBITDA Ratio
11.09x
TTM Avg
29.35x
3Y Avg
24.22x
5Y Avg
21.38x
Market Cap
$11.98B
EV/EBITDA Ratio
N/A
TTM Avg
9.54x
3Y Avg
9.54x
5Y Avg
9.54x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Live Nation Entertainment, Inc. (LYV) | $39.62B | 25.85x | 23.49x | 20.62x | 20.30x |
| Reddit, Inc. (RDDT)vs › | $30.72B | 36.50x | 111.31x | 191.60x | 191.60x |
| Fox Corporation (FOXA)vs › | $29.63B | 8.53x | 8.80x | 8.07x | 7.88x |
| Roku, Inc. (ROKU)vs › | $23.23B | 39.94x | 75.39x | 102.19x | 100.76x |
| Omnicom Group Inc. (OMC)vs › | $21.91B | 8.31x | 7.44x | 7.92x | 7.96x |
| Charter Communications, Inc. (CHTR)vs › | $19.03B | 5.58x | 5.63x | 6.44x | 7.27x |
| News Corporation (NWSA)vs › | $17.08B | 11.83x | 10.77x | 11.82x | 10.75x |
| TKO Group Holdings, Inc. (TKO)vs › | $14.25B | 11.09x | 29.35x | 24.22x | 21.38x |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $11.98B | N/A | 9.54x | 9.54x | 9.54x |
| Pinterest, Inc. (PINS)vs › | $11.94B | 40.50x | 51.64x | 115.49x | 102.76x |
At 25.9, EV/EBITDA is above its estimated 20-year median — higher than 94% of readings in its estimated 20-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 20-year low
4.3
median
14.9
estimated 20-year high
73.4
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 |
|---|---|
| 2026-09-11 | 27.02x |
| 2026-09-10 | 27.01x |
| 2026-09-09 | 27.00x |
| 2026-09-08 | 27.07x |
| 2026-09-04 | 27.53x |
| 2026-09-03 | 28.13x |
| 2026-09-02 | 28.45x |
| 2026-09-01 | 28.09x |
| 2026-08-31 | 28.49x |
| 2026-08-28 | 28.76x |
| 2026-08-27 | 28.61x |
| 2026-08-26 | 28.91x |
| 2026-08-25 | 29.53x |
| 2026-08-24 | 29.20x |
| 2026-08-21 | 28.78x |
| 2026-08-20 | 28.81x |
| 2026-08-19 | 29.14x |
| 2026-08-18 | 28.49x |
| 2026-08-17 | 29.18x |
| 2026-08-14 | 29.79x |
| 2026-08-13 | 29.42x |
| 2026-08-12 | 29.31x |
| 2026-08-11 | 29.01x |
| 2026-08-10 | 29.21x |
| 2026-08-07 | 28.61x |
| 2026-08-06 | 28.78x |
| 2026-08-05 | 29.04x |
| 2026-08-04 | 29.07x |
| 2026-08-03 | 28.76x |
| 2026-07-31 | 27.62x |
| 2026-07-30 | 28.27x |
| 2026-07-29 | 28.40x |
| 2026-07-28 | 27.87x |
| 2026-07-27 | 27.65x |
| 2026-07-24 | 27.33x |
| 2026-07-23 | 27.16x |
| 2026-07-22 | 27.43x |
| 2026-07-21 | 27.42x |
| 2026-07-20 | 27.87x |
| 2026-07-17 | 27.78x |
| 2026-07-16 | 27.72x |
| 2026-07-15 | 27.51x |
| 2026-07-14 | 27.97x |
| 2026-07-13 | 28.23x |
| 2026-07-10 | 27.71x |
| 2026-07-09 | 28.13x |
| 2026-07-08 | 28.06x |
| 2026-07-07 | 28.33x |
| 2026-07-06 | 28.23x |
| 2026-07-02 | 28.72x |
| 2026-07-01 | 28.33x |
| 2026-06-30 | 28.21x |
| 2026-06-29 | 28.12x |
| 2026-06-26 | 27.66x |
| 2026-06-25 | 27.02x |
| 2026-06-24 | 26.47x |
| 2026-06-23 | 26.05x |
| 2026-06-22 | 26.34x |
| 2026-06-18 | 26.44x |
| 2026-06-17 | 26.48x |
| 2026-06-16 | 26.86x |
| 2026-06-15 | 27.13x |
| 2026-06-12 | 26.63x |
| 2026-06-11 | 26.60x |
| 2026-06-10 | 25.88x |
| 2026-06-09 | 25.16x |
| 2026-06-08 | 24.69x |
| 2026-06-05 | 24.78x |
| 2026-06-04 | 24.92x |
| 2026-06-03 | 25.40x |
| 2026-06-02 | 25.90x |
| 2026-06-01 | 26.32x |
| 2026-05-29 | 26.02x |
| 2026-05-28 | 25.81x |
| 2026-05-27 | 25.74x |
| 2026-05-26 | 25.74x |
| 2026-05-22 | 25.59x |
| 2026-05-21 | 25.66x |
| 2026-05-20 | 25.43x |
| 2026-05-19 | 25.22x |
| 2026-05-18 | 25.88x |
| 2026-05-15 | 26.09x |
| 2026-05-14 | 26.25x |
| 2026-05-13 | 26.03x |
| 2026-05-12 | 25.61x |
| 2026-05-11 | 25.21x |
| 2026-05-08 | 25.26x |
| 2026-05-07 | 25.62x |
| 2026-05-06 | 25.93x |
| 2026-05-05 | 20.83x |
| 2026-05-04 | 20.87x |
| 2026-05-01 | 20.94x |
| 2026-04-30 | 20.91x |
| 2026-04-29 | 20.35x |
| 2026-04-28 | 20.54x |
| 2026-04-27 | 20.74x |
| 2026-04-24 | 20.76x |
| 2026-04-23 | 20.36x |
| 2026-04-22 | 20.52x |
| 2026-04-21 | 20.38x |
| 2026-04-20 | 20.69x |
| 2026-04-17 | 20.75x |
| 2026-04-16 | 21.21x |
| 2026-04-15 | 20.66x |
| 2026-04-14 | 21.87x |
| 2026-04-13 | 21.81x |
| 2026-04-10 | 21.21x |
| 2026-04-09 | 21.57x |
| 2026-04-08 | 21.56x |
| 2026-04-07 | 20.95x |
| 2026-04-06 | 21.16x |
| 2026-04-02 | 20.65x |
| 2026-04-01 | 20.29x |
| 2026-03-31 | 20.28x |
| 2026-03-30 | 19.84x |
| 2026-03-27 | 19.49x |
| 2026-03-26 | 19.99x |
| 2026-03-25 | 20.56x |
| 2026-03-24 | 20.30x |
| 2026-03-23 | 20.20x |
| 2026-03-20 | 19.85x |
| 2026-03-19 | 20.47x |
| 2026-03-18 | 20.74x |
| 2026-03-17 | 20.66x |
| 2026-03-16 | 20.81x |
| 2026-03-13 | 20.45x |
| 2026-03-12 | 21.18x |
| 2026-03-11 | 21.82x |
| 2026-03-10 | 21.79x |
| 2026-03-09 | 21.82x |
| 2026-03-06 | 20.70x |
| 2026-03-05 | 21.12x |
| 2026-03-04 | 20.99x |
| 2026-03-03 | 21.39x |
| 2026-03-02 | 21.36x |
| 2026-02-27 | 21.39x |
| 2026-02-26 | 20.90x |
| 2026-02-25 | 20.59x |
| 2026-02-24 | 20.91x |
| 2026-02-23 | 20.95x |
| 2026-02-20 | 21.45x |
| 2026-02-19 | 22.36x |
| 2026-02-18 | 22.14x |
| 2026-02-17 | 22.37x |
| 2026-02-13 | 22.47x |
| 2026-02-12 | 22.02x |
| 2026-02-11 | 21.52x |
| 2026-02-10 | 21.28x |
| 2026-02-09 | 21.09x |
| 2026-02-06 | 20.16x |
| 2026-02-05 | 19.82x |
| 2026-02-04 | 20.37x |
| 2026-02-03 | 20.22x |
| 2026-02-02 | 20.57x |
| 2026-01-30 | 20.77x |
| 2026-01-29 | 21.08x |
| 2026-01-28 | 21.04x |
| 2026-01-27 | 20.95x |
| 2026-01-26 | 21.08x |
| 2026-01-23 | 20.97x |
| 2026-01-22 | 19.80x |
| 2026-01-21 | 20.01x |
| 2026-01-20 | 20.13x |
| 2026-01-16 | 20.63x |
| 2026-01-15 | 20.81x |
| 2026-01-14 | 20.94x |
| 2026-01-13 | 20.84x |
| 2026-01-12 | 21.22x |
| 2026-01-09 | 20.85x |
| 2026-01-08 | 21.01x |
| 2026-01-07 | 20.57x |
| 2026-01-06 | 20.78x |
| 2026-01-05 | 20.75x |
| 2026-01-02 | 20.75x |
| 2025-12-31 | 20.38x |
| 2025-12-30 | 20.59x |
| 2025-12-29 | 20.65x |
| 2025-12-26 | 20.82x |
| 2025-12-24 | 20.75x |
| 2025-12-23 | 20.59x |
| 2025-12-22 | 20.28x |
| 2025-12-19 | 20.19x |
| 2025-12-18 | 19.90x |
| 2025-12-17 | 19.57x |
| 2025-12-16 | 19.79x |
| 2025-12-15 | 20.27x |
| 2025-12-12 | 20.46x |
| 2025-12-11 | 20.29x |
| 2025-12-10 | 19.89x |
| 2025-12-09 | 19.92x |
| 2025-12-08 | 19.79x |
| 2025-12-05 | 19.96x |
| 2025-12-04 | 20.00x |
| 2025-12-03 | 19.52x |
| 2025-12-02 | 18.53x |
| 2025-12-01 | 18.87x |
| 2025-11-28 | 18.91x |
| 2025-11-26 | 18.86x |
| 2025-11-25 | 18.66x |
| 2025-11-24 | 18.14x |
| 2025-11-21 | 18.80x |
| 2025-11-20 | 18.59x |
| 2025-11-19 | 18.72x |
| 2025-11-18 | 18.90x |
| 2025-11-17 | 19.04x |
| 2025-11-14 | 19.50x |
| 2025-11-13 | 19.62x |
| 2025-11-12 | 20.11x |
| 2025-11-11 | 20.29x |
| 2025-11-10 | 20.49x |
| 2025-11-07 | 20.11x |
| 2025-11-06 | 19.75x |
| 2025-11-05 | 19.36x |
| 2025-11-04 | 23.09x |
| 2025-11-03 | 22.95x |
| 2025-10-31 | 22.91x |
| 2025-10-30 | 22.69x |
| 2025-10-29 | 22.86x |
| 2025-10-28 | 23.14x |
| 2025-10-27 | 23.45x |
| 2025-10-24 | 23.40x |
| 2025-10-23 | 23.47x |
| 2025-10-22 | 23.88x |
| 2025-10-21 | 24.05x |
| 2025-10-20 | 23.98x |
| 2025-10-17 | 23.74x |
| 2025-10-16 | 23.23x |
| 2025-10-15 | 23.75x |
| 2025-10-14 | 23.40x |
| 2025-10-13 | 23.55x |
| 2025-10-10 | 23.41x |
| 2025-10-09 | 23.38x |
| 2025-10-08 | 22.97x |
| 2025-10-07 | 23.76x |
| 2025-10-06 | 23.85x |
| 2025-10-03 | 23.91x |
| 2025-10-02 | 23.96x |
| 2025-10-01 | 24.29x |
| 2025-09-30 | 24.95x |
| 2025-09-29 | 25.10x |
| 2025-09-26 | 24.72x |
| 2025-09-25 | 24.75x |
| 2025-09-24 | 24.76x |
| 2025-09-23 | 25.06x |
| 2025-09-22 | 25.21x |
| 2025-09-19 | 25.00x |
| 2025-09-18 | 25.14x |
| 2025-09-17 | 25.83x |
| 2025-09-16 | 25.99x |
| 2025-09-15 | 26.28x |
| 2025-09-12 | 26.48x |
| 2025-09-11 | 26.53x |
| 2025-09-10 | 26.06x |
| 2025-09-09 | 25.97x |
| 2025-09-08 | 25.84x |
| 2025-09-05 | 24.96x |
| 2025-09-04 | 24.89x |
| 2025-09-03 | 24.74x |
| 2025-09-02 | 25.26x |
| 2025-08-29 | 25.41x |
Showing the most recent 260 of 4,228 data points. The chart above shows the full history.
