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 21.47x is in line with its estimated 5-year average of 20.39x, near the low end of its estimated 5-year range (15.33x–61.88x).
As of 2026-09-17T19:50:50.453Z. 6.26% below its estimated 12-month average of 22.90x.
Calculation as of: 2026-09-17T19:50:50.453Z.
Quote observation: 2026-09-17T19:50:12.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 91c636ecd6e037e7cb46ac461e2740d5a501a4291a66d801c0ece9c7b1ed2b80
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
21.47x
EV/EBITDA RATIO AVG TTM
22.90x
EV/EBITDA RATIO AVG 3Y
20.92x
EV/EBITDA RATIO AVG 5Y
20.39x
EV/EBITDA RATIO AVG 10Y
21.33x
EV/EBITDA RATIO AVG 15Y
19.88x
EV/EBITDA RATIO AVG 20Y
18.64x
CURRENT VS TTM AVG
-6.26%
CURRENT VS 3Y AVG
+2.62%
CURRENT VS 5Y AVG
+5.32%
CURRENT VS 10Y AVG
+0.64%
CURRENT VS 15Y AVG
+8.00%
CURRENT VS 20Y AVG
+15.21%
SECTOR MEDIAN · CONSUMER CYCLICAL
13.43x
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
+59.81%
vs the sector median at left
Marriott International, Inc.
Market Cap
$87.04B
EV/EBITDA Ratio
21.47x
TTM Avg
22.90x
3Y Avg
20.92x
5Y Avg
20.39x
Market Cap
$92.41B
EV/EBITDA Ratio
26.19x
TTM Avg
27.32x
3Y Avg
31.68x
5Y Avg
47.62x
Market Cap
$93.76B
EV/EBITDA Ratio
23.51x
TTM Avg
20.42x
3Y Avg
13.68x
5Y Avg
17.12x
Market Cap
$78.27B
EV/EBITDA Ratio
14.20x
TTM Avg
10.44x
3Y Avg
7.96x
5Y Avg
7.63x
Market Cap
$73.75B
EV/EBITDA Ratio
17.72x
TTM Avg
18.71x
3Y Avg
17.49x
5Y Avg
16.45x
Market Cap
$70.38B
EV/EBITDA Ratio
19.12x
TTM Avg
22.30x
3Y Avg
20.99x
5Y Avg
19.18x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Marriott International, Inc. (MAR) | $87.04B | 21.47x | 22.90x | 20.92x | 20.39x |
| MercadoLibre, Inc. (MELI)vs › | $92.41B | 26.19x | 27.32x | 31.68x | 47.62x |
| BYD Company Limited (BYDDY)vs › | $93.76B | 23.51x | 20.42x | 13.68x | 17.12x |
| General Motors Company (GM)vs › | $78.27B | 14.20x | 10.44x | 7.96x | 7.63x |
| Airbnb, Inc. (ABNB)vs › | $98.29B | 33.03x | 29.14x | 38.09x | 46.77x |
| Ross Stores, Inc. (ROST)vs › | $73.75B | 17.72x | 18.71x | 17.49x | 16.45x |
| Ferrari N.V. (RACE)vs › | $72.74B | 23.31x | 22.61x | 27.04x | 25.86x |
| Carvana Co. (CVNA)vs › | $71.85B | 29.83x | 28.99x | 33.65x | 924.14x |
| O'Reilly Automotive, Inc. (ORLY)vs › | $70.38B | 19.12x | 22.30x | 20.99x | 19.18x |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $68.15B | 26.12x | 29.16x | 27.37x | 32.74x |
At 21.5, EV/EBITDA is above its estimated 20-year median — higher than 68% 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
5.0
median
19.4
estimated 20-year high
137.7
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 | 22.11x |
| 2026-09-10 | 21.80x |
| 2026-09-09 | 21.93x |
| 2026-09-08 | 21.78x |
| 2026-09-04 | 22.21x |
| 2026-09-03 | 22.19x |
| 2026-09-02 | 22.02x |
| 2026-09-01 | 22.10x |
| 2026-08-31 | 22.50x |
| 2026-08-28 | 23.02x |
| 2026-08-27 | 23.17x |
| 2026-08-26 | 23.44x |
| 2026-08-25 | 23.39x |
| 2026-08-24 | 23.52x |
| 2026-08-21 | 23.31x |
| 2026-08-20 | 23.32x |
| 2026-08-19 | 23.51x |
| 2026-08-18 | 23.36x |
| 2026-08-17 | 23.32x |
| 2026-08-14 | 23.33x |
| 2026-08-13 | 23.10x |
| 2026-08-12 | 23.21x |
| 2026-08-11 | 22.93x |
| 2026-08-10 | 22.87x |
| 2026-08-07 | 23.18x |
| 2026-08-06 | 23.49x |
| 2026-08-05 | 23.59x |
| 2026-08-04 | 22.69x |
| 2026-08-03 | 23.49x |
| 2026-07-31 | 24.98x |
| 2026-07-30 | 25.13x |
| 2026-07-29 | 25.46x |
| 2026-07-28 | 25.60x |
| 2026-07-27 | 25.57x |
| 2026-07-24 | 25.07x |
| 2026-07-23 | 24.50x |
| 2026-07-22 | 24.81x |
| 2026-07-21 | 24.69x |
| 2026-07-20 | 24.64x |
| 2026-07-17 | 24.60x |
| 2026-07-16 | 24.89x |
| 2026-07-15 | 24.77x |
| 2026-07-14 | 24.43x |
| 2026-07-13 | 24.41x |
| 2026-07-10 | 25.17x |
| 2026-07-09 | 24.96x |
| 2026-07-08 | 24.89x |
| 2026-07-07 | 25.44x |
| 2026-07-06 | 25.38x |
| 2026-07-02 | 24.99x |
| 2026-07-01 | 24.72x |
| 2026-06-30 | 24.85x |
| 2026-06-29 | 25.10x |
| 2026-06-26 | 25.24x |
| 2026-06-25 | 25.33x |
| 2026-06-24 | 25.60x |
| 2026-06-23 | 25.79x |
| 2026-06-22 | 25.63x |
| 2026-06-18 | 26.32x |
| 2026-06-17 | 26.23x |
| 2026-06-16 | 26.49x |
| 2026-06-15 | 26.58x |
| 2026-06-12 | 26.69x |
| 2026-06-11 | 26.36x |
| 2026-06-10 | 25.75x |
| 2026-06-09 | 26.17x |
| 2026-06-08 | 26.05x |
| 2026-06-05 | 26.11x |
| 2026-06-04 | 25.70x |
| 2026-06-03 | 25.21x |
| 2026-06-02 | 25.04x |
| 2026-06-01 | 25.22x |
| 2026-05-29 | 25.14x |
| 2026-05-28 | 25.72x |
| 2026-05-27 | 25.73x |
| 2026-05-26 | 25.04x |
| 2026-05-22 | 24.77x |
| 2026-05-21 | 24.85x |
| 2026-05-20 | 24.81x |
| 2026-05-19 | 24.17x |
| 2026-05-18 | 24.20x |
| 2026-05-15 | 23.86x |
| 2026-05-14 | 23.87x |
| 2026-05-13 | 23.68x |
| 2026-05-12 | 23.69x |
| 2026-05-11 | 23.86x |
| 2026-05-08 | 23.86x |
| 2026-05-07 | 23.79x |
| 2026-05-06 | 24.90x |
| 2026-05-05 | 24.63x |
| 2026-05-04 | 24.20x |
| 2026-05-01 | 24.66x |
| 2026-04-30 | 25.05x |
| 2026-04-29 | 24.59x |
| 2026-04-28 | 24.85x |
| 2026-04-27 | 24.99x |
| 2026-04-24 | 25.38x |
| 2026-04-23 | 25.44x |
| 2026-04-22 | 25.37x |
| 2026-04-21 | 25.87x |
| 2026-04-20 | 26.06x |
| 2026-04-17 | 26.01x |
| 2026-04-16 | 25.10x |
| 2026-04-15 | 25.17x |
| 2026-04-14 | 25.35x |
| 2026-04-13 | 24.93x |
| 2026-04-10 | 24.60x |
| 2026-04-09 | 24.53x |
| 2026-04-08 | 24.28x |
| 2026-04-07 | 23.23x |
| 2026-04-06 | 23.65x |
| 2026-04-02 | 23.29x |
| 2026-04-01 | 23.38x |
| 2026-03-31 | 23.01x |
| 2026-03-30 | 22.55x |
| 2026-03-27 | 22.44x |
| 2026-03-26 | 22.93x |
| 2026-03-25 | 22.99x |
| 2026-03-24 | 22.84x |
| 2026-03-23 | 22.97x |
| 2026-03-20 | 22.57x |
| 2026-03-19 | 22.88x |
| 2026-03-18 | 22.74x |
| 2026-03-17 | 23.02x |
| 2026-03-16 | 22.70x |
| 2026-03-13 | 22.22x |
| 2026-03-12 | 22.37x |
| 2026-03-11 | 22.97x |
| 2026-03-10 | 22.94x |
| 2026-03-09 | 23.11x |
| 2026-03-06 | 22.81x |
| 2026-03-05 | 23.36x |
| 2026-03-04 | 23.53x |
| 2026-03-03 | 23.53x |
| 2026-03-02 | 23.21x |
| 2026-02-27 | 23.87x |
| 2026-02-26 | 24.40x |
| 2026-02-25 | 24.21x |
| 2026-02-24 | 23.96x |
| 2026-02-23 | 23.93x |
| 2026-02-20 | 24.24x |
| 2026-02-19 | 24.35x |
| 2026-02-18 | 24.72x |
| 2026-02-17 | 24.95x |
| 2026-02-13 | 24.59x |
| 2026-02-12 | 24.66x |
| 2026-02-11 | 24.88x |
| 2026-02-10 | 24.64x |
| 2026-02-09 | 22.99x |
| 2026-02-06 | 23.11x |
| 2026-02-05 | 22.71x |
| 2026-02-04 | 22.59x |
| 2026-02-03 | 22.23x |
| 2026-02-02 | 22.28x |
| 2026-01-30 | 22.05x |
| 2026-01-29 | 22.31x |
| 2026-01-28 | 21.86x |
| 2026-01-27 | 21.97x |
| 2026-01-26 | 22.13x |
| 2026-01-23 | 22.31x |
| 2026-01-22 | 22.42x |
| 2026-01-21 | 22.36x |
| 2026-01-20 | 21.96x |
| 2026-01-16 | 22.67x |
| 2026-01-15 | 22.67x |
| 2026-01-14 | 22.31x |
| 2026-01-13 | 22.50x |
| 2026-01-12 | 22.52x |
| 2026-01-09 | 22.81x |
| 2026-01-08 | 22.61x |
| 2026-01-07 | 22.28x |
| 2026-01-06 | 22.44x |
| 2026-01-05 | 21.80x |
| 2026-01-02 | 21.94x |
| 2025-12-31 | 21.75x |
| 2025-12-30 | 21.97x |
| 2025-12-29 | 22.00x |
| 2025-12-26 | 22.07x |
| 2025-12-24 | 22.04x |
| 2025-12-23 | 21.98x |
| 2025-12-22 | 21.96x |
| 2025-12-19 | 21.75x |
| 2025-12-18 | 21.55x |
| 2025-12-17 | 21.74x |
| 2025-12-16 | 21.50x |
| 2025-12-15 | 21.65x |
| 2025-12-12 | 21.07x |
| 2025-12-11 | 20.94x |
| 2025-12-10 | 20.38x |
| 2025-12-09 | 20.20x |
| 2025-12-08 | 20.43x |
| 2025-12-05 | 20.71x |
| 2025-12-04 | 20.91x |
| 2025-12-03 | 21.54x |
| 2025-12-02 | 21.42x |
| 2025-12-01 | 21.35x |
| 2025-11-28 | 21.43x |
| 2025-11-26 | 21.42x |
| 2025-11-25 | 21.39x |
| 2025-11-24 | 20.93x |
| 2025-11-21 | 20.90x |
| 2025-11-20 | 20.11x |
| 2025-11-19 | 20.22x |
| 2025-11-18 | 20.14x |
| 2025-11-17 | 20.14x |
| 2025-11-14 | 20.31x |
| 2025-11-13 | 20.41x |
| 2025-11-12 | 20.66x |
| 2025-11-11 | 20.67x |
| 2025-11-10 | 20.59x |
| 2025-11-07 | 20.63x |
| 2025-11-06 | 20.04x |
| 2025-11-05 | 20.15x |
| 2025-11-04 | 20.50x |
| 2025-11-03 | 19.98x |
| 2025-10-31 | 19.77x |
| 2025-10-30 | 19.88x |
| 2025-10-29 | 19.93x |
| 2025-10-28 | 20.08x |
| 2025-10-27 | 20.43x |
| 2025-10-24 | 20.44x |
| 2025-10-23 | 20.34x |
| 2025-10-22 | 20.49x |
| 2025-10-21 | 20.26x |
| 2025-10-20 | 19.74x |
| 2025-10-17 | 19.79x |
| 2025-10-16 | 19.68x |
| 2025-10-15 | 20.12x |
| 2025-10-14 | 20.23x |
| 2025-10-13 | 19.94x |
| 2025-10-10 | 19.75x |
| 2025-10-09 | 20.12x |
| 2025-10-08 | 20.23x |
| 2025-10-07 | 20.20x |
| 2025-10-06 | 20.48x |
| 2025-10-03 | 20.21x |
| 2025-10-02 | 20.14x |
| 2025-10-01 | 19.84x |
| 2025-09-30 | 19.77x |
| 2025-09-29 | 20.16x |
| 2025-09-26 | 20.00x |
| 2025-09-25 | 19.79x |
| 2025-09-24 | 19.87x |
| 2025-09-23 | 19.85x |
| 2025-09-22 | 19.99x |
| 2025-09-19 | 20.27x |
| 2025-09-18 | 19.98x |
| 2025-09-17 | 19.87x |
| 2025-09-16 | 20.23x |
| 2025-09-15 | 20.06x |
| 2025-09-12 | 20.14x |
| 2025-09-11 | 20.23x |
| 2025-09-10 | 19.89x |
| 2025-09-09 | 19.99x |
| 2025-09-08 | 20.24x |
| 2025-09-05 | 20.03x |
| 2025-09-04 | 20.29x |
| 2025-09-03 | 20.05x |
| 2025-09-02 | 20.02x |
| 2025-08-29 | 20.23x |
Showing the most recent 260 of 4,898 data points. The chart above shows the full history.
