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 67.64x is in line with its estimated 5-year average of 62.02x, around the middle of its estimated 5-year range (19.00x–163.40x).
As of 2026-10-06T22:32:35.945Z. 12.49% below its estimated 12-month average of 77.29x.
Calculation as of: 2026-10-06T22:32:35.945Z.
Quote observation: 2026-10-06T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 0137abbe4c1a8af2259a02779bd38881dc1a8d14a33f390e7991de730be39f8a
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
67.64x
EV/EBITDA RATIO AVG TTM
77.29x
EV/EBITDA RATIO AVG 3Y
78.97x
EV/EBITDA RATIO AVG 5Y
62.02x
EV/EBITDA RATIO AVG 10Y
40.52x
EV/EBITDA RATIO AVG 15Y
36.15x
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-12.49%
CURRENT VS 3Y AVG
-14.35%
CURRENT VS 5Y AVG
+9.06%
CURRENT VS 10Y AVG
+66.92%
CURRENT VS 15Y AVG
+87.09%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
15.31x
median of 268 covered companies
CURRENT VS SECTOR MEDIAN
+341.80%
vs the sector median at left
Mercury Systems, Inc.
Market Cap
$4.97B
EV/EBITDA Ratio
67.64x
TTM Avg
77.29x
3Y Avg
78.97x
5Y Avg
62.02x
Market Cap
$5.14B
EV/EBITDA Ratio
15.35x
TTM Avg
16.88x
3Y Avg
19.53x
5Y Avg
20.34x
Market Cap
$4.79B
EV/EBITDA Ratio
N/A
TTM Avg
263.86x
3Y Avg
95.36x
5Y Avg
62.30x
Market Cap
$4.77B
EV/EBITDA Ratio
12.13x
TTM Avg
12.70x
3Y Avg
12.70x
5Y Avg
12.70x
Market Cap
$4.73B
EV/EBITDA Ratio
27.11x
TTM Avg
29.39x
3Y Avg
22.96x
5Y Avg
19.81x
Market Cap
$5.29B
EV/EBITDA Ratio
12.73x
TTM Avg
16.18x
3Y Avg
16.44x
5Y Avg
15.41x
Market Cap
$5.31B
EV/EBITDA Ratio
14.68x
TTM Avg
19.48x
3Y Avg
21.26x
5Y Avg
20.71x
Market Cap
$4.61B
EV/EBITDA Ratio
17.19x
TTM Avg
15.69x
3Y Avg
12.56x
5Y Avg
10.67x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mercury Systems, Inc. (MRCY) | $4.97B | 67.64x | 77.29x | 78.97x | 62.02x |
| MYR Group Inc. (MYRG)vs › | $5.05B | 17.08x | 19.77x | 17.42x | 14.84x |
| Casella Waste Systems, Inc. (CWST)vs › | $5.14B | 15.35x | 16.88x | 19.53x | 20.34x |
| The Middleby Corporation (MIDD)vs › | $4.79B | N/A | 263.86x | 95.36x | 62.30x |
| EquipmentShare.com Inc. (EQPT)vs › | $4.77B | 12.13x | 12.70x | 12.70x | 12.70x |
| VSE Corporation (VSEC)vs › | $4.73B | 27.11x | 29.39x | 22.96x | 19.81x |
| Granite Construction Incorporated (GVA)vs › | $5.29B | 12.73x | 16.18x | 16.44x | 15.41x |
| Construction Partners, Inc. (ROAD)vs › | $5.31B | 14.68x | 19.48x | 21.26x | 20.71x |
| Primoris Services Corporation (PRIM)vs › | $4.61B | 17.19x | 15.69x | 12.56x | 10.67x |
| Amentum Holdings, Inc. (AMTM)vs › | $4.58B | 7.59x | 9.71x | 9.73x | 9.73x |
At 67.6, EV/EBITDA is above its estimated 17-year median — higher than 81% of readings in its estimated 17-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 17-year low
3.0
median
28.7
estimated 17-year high
366.4
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 |
|---|---|
| 2026-10-05 | 69.05x |
| 2026-10-02 | 70.57x |
| 2026-10-01 | 69.94x |
| 2026-09-30 | 69.10x |
| 2026-09-29 | 68.81x |
| 2026-09-28 | 66.83x |
| 2026-09-25 | 68.45x |
| 2026-09-24 | 69.24x |
| 2026-09-23 | 68.88x |
| 2026-09-22 | 69.79x |
| 2026-09-21 | 71.19x |
| 2026-09-18 | 70.89x |
| 2026-09-17 | 71.60x |
| 2026-09-16 | 72.45x |
| 2026-09-15 | 72.26x |
| 2026-09-14 | 67.54x |
| 2026-09-11 | 67.21x |
| 2026-09-10 | 67.07x |
| 2026-09-09 | 67.33x |
| 2026-09-08 | 69.46x |
| 2026-09-04 | 68.64x |
| 2026-09-03 | 70.44x |
| 2026-09-02 | 68.76x |
| 2026-09-01 | 68.94x |
| 2026-08-31 | 72.51x |
| 2026-08-28 | 73.46x |
| 2026-08-27 | 74.98x |
| 2026-08-26 | 74.42x |
| 2026-08-25 | 72.83x |
| 2026-08-24 | 74.29x |
| 2026-08-21 | 75.69x |
| 2026-08-20 | 77.95x |
| 2026-08-19 | 83.48x |
| 2026-08-18 | 75.61x |
| 2026-08-17 | 81.33x |
| 2026-08-14 | 79.80x |
| 2026-08-13 | 78.89x |
| 2026-08-12 | 80.16x |
| 2026-08-11 | 78.45x |
| 2026-08-10 | 78.10x |
| 2026-08-07 | 78.10x |
| 2026-08-06 | 78.23x |
| 2026-08-05 | 77.28x |
| 2026-08-04 | 80.95x |
| 2026-08-03 | 76.15x |
| 2026-07-31 | 70.20x |
| 2026-07-30 | 69.43x |
| 2026-07-29 | 65.46x |
| 2026-07-28 | 71.76x |
| 2026-07-27 | 74.79x |
| 2026-07-24 | 74.43x |
| 2026-07-23 | 76.53x |
| 2026-07-22 | 71.45x |
| 2026-07-21 | 71.26x |
| 2026-07-20 | 68.58x |
| 2026-07-17 | 69.50x |
| 2026-07-16 | 69.45x |
| 2026-07-15 | 74.22x |
| 2026-07-14 | 72.41x |
| 2026-07-13 | 71.00x |
| 2026-07-10 | 77.65x |
| 2026-07-09 | 81.94x |
| 2026-07-08 | 80.68x |
| 2026-07-07 | 83.03x |
| 2026-07-06 | 87.98x |
| 2026-07-02 | 90.13x |
| 2026-07-01 | 87.97x |
| 2026-06-30 | 87.48x |
| 2026-06-29 | 79.18x |
| 2026-06-26 | 78.61x |
| 2026-06-25 | 76.00x |
| 2026-06-24 | 75.61x |
| 2026-06-23 | 79.63x |
| 2026-06-22 | 80.24x |
| 2026-06-18 | 81.71x |
| 2026-06-17 | 82.80x |
| 2026-06-16 | 80.70x |
| 2026-06-15 | 83.09x |
| 2026-06-12 | 86.09x |
| 2026-06-11 | 85.42x |
| 2026-06-10 | 76.85x |
| 2026-06-09 | 78.23x |
| 2026-06-08 | 79.68x |
| 2026-06-05 | 79.90x |
| 2026-06-04 | 84.39x |
| 2026-06-03 | 80.12x |
| 2026-06-02 | 81.00x |
| 2026-06-01 | 79.91x |
| 2026-05-29 | 80.20x |
| 2026-05-28 | 77.74x |
| 2026-05-27 | 70.21x |
| 2026-05-26 | 71.72x |
| 2026-05-22 | 71.19x |
| 2026-05-21 | 69.69x |
| 2026-05-20 | 68.63x |
| 2026-05-19 | 67.26x |
| 2026-05-18 | 67.66x |
| 2026-05-15 | 66.73x |
| 2026-05-14 | 68.45x |
| 2026-05-13 | 67.05x |
| 2026-05-12 | 66.93x |
| 2026-05-11 | 66.67x |
| 2026-05-08 | 65.57x |
| 2026-05-07 | 64.01x |
| 2026-05-06 | 66.48x |
| 2026-05-05 | 82.47x |
| 2026-05-04 | 78.35x |
| 2026-05-01 | 78.37x |
| 2026-04-30 | 78.70x |
| 2026-04-29 | 74.83x |
| 2026-04-28 | 76.49x |
| 2026-04-27 | 76.98x |
| 2026-04-24 | 77.85x |
| 2026-04-23 | 78.70x |
| 2026-04-22 | 82.14x |
| 2026-04-21 | 82.84x |
| 2026-04-20 | 83.55x |
| 2026-04-17 | 83.48x |
| 2026-04-16 | 84.28x |
| 2026-04-15 | 84.84x |
| 2026-04-14 | 83.52x |
| 2026-04-13 | 82.06x |
| 2026-04-10 | 79.34x |
| 2026-04-09 | 79.00x |
| 2026-04-08 | 80.47x |
| 2026-04-07 | 77.42x |
| 2026-04-06 | 75.77x |
| 2026-04-02 | 74.34x |
| 2026-04-01 | 74.83x |
| 2026-03-31 | 73.12x |
| 2026-03-30 | 70.29x |
| 2026-03-27 | 71.72x |
| 2026-03-26 | 76.14x |
| 2026-03-25 | 78.52x |
| 2026-03-24 | 74.59x |
| 2026-03-23 | 78.12x |
| 2026-03-20 | 77.17x |
| 2026-03-19 | 77.68x |
| 2026-03-18 | 78.76x |
| 2026-03-17 | 80.97x |
| 2026-03-16 | 80.38x |
| 2026-03-13 | 78.00x |
| 2026-03-12 | 81.05x |
| 2026-03-11 | 85.30x |
| 2026-03-10 | 86.10x |
| 2026-03-09 | 88.42x |
| 2026-03-06 | 85.69x |
| 2026-03-05 | 84.33x |
| 2026-03-04 | 88.25x |
| 2026-03-03 | 88.48x |
| 2026-03-02 | 89.95x |
| 2026-02-27 | 88.11x |
| 2026-02-26 | 88.62x |
| 2026-02-25 | 88.36x |
| 2026-02-24 | 87.86x |
| 2026-02-23 | 85.20x |
| 2026-02-20 | 86.81x |
| 2026-02-19 | 88.88x |
| 2026-02-18 | 85.91x |
| 2026-02-17 | 82.80x |
| 2026-02-13 | 81.91x |
| 2026-02-12 | 79.95x |
| 2026-02-11 | 80.02x |
| 2026-02-10 | 83.77x |
| 2026-02-09 | 84.71x |
| 2026-02-06 | 81.76x |
| 2026-02-05 | 78.85x |
| 2026-02-04 | 77.04x |
| 2026-02-03 | 95.77x |
| 2026-02-02 | 90.86x |
| 2026-01-30 | 90.85x |
| 2026-01-29 | 94.87x |
| 2026-01-28 | 96.45x |
| 2026-01-27 | 97.38x |
| 2026-01-26 | 95.42x |
| 2026-01-23 | 95.56x |
| 2026-01-22 | 95.95x |
| 2026-01-21 | 96.04x |
| 2026-01-20 | 93.78x |
| 2026-01-16 | 99.18x |
| 2026-01-15 | 99.12x |
| 2026-01-14 | 95.17x |
| 2026-01-13 | 95.64x |
| 2026-01-12 | 93.71x |
| 2026-01-09 | 90.48x |
| 2026-01-08 | 86.16x |
| 2026-01-07 | 82.57x |
| 2026-01-06 | 82.07x |
| 2026-01-05 | 79.37x |
| 2026-01-02 | 74.57x |
| 2025-12-31 | 71.82x |
| 2025-12-30 | 72.58x |
| 2025-12-29 | 73.57x |
| 2025-12-26 | 72.92x |
| 2025-12-24 | 73.36x |
| 2025-12-23 | 73.70x |
| 2025-12-22 | 72.27x |
| 2025-12-19 | 68.75x |
| 2025-12-18 | 68.05x |
| 2025-12-17 | 68.74x |
| 2025-12-16 | 70.71x |
| 2025-12-15 | 73.17x |
| 2025-12-12 | 73.17x |
| 2025-12-11 | 75.10x |
| 2025-12-10 | 73.81x |
| 2025-12-09 | 70.77x |
| 2025-12-08 | 70.84x |
| 2025-12-05 | 69.60x |
| 2025-12-04 | 70.30x |
| 2025-12-03 | 69.28x |
| 2025-12-02 | 66.97x |
| 2025-12-01 | 66.15x |
| 2025-11-28 | 68.97x |
| 2025-11-26 | 68.73x |
| 2025-11-25 | 68.21x |
| 2025-11-24 | 66.04x |
| 2025-11-21 | 66.05x |
| 2025-11-20 | 65.53x |
| 2025-11-19 | 66.84x |
| 2025-11-18 | 67.19x |
| 2025-11-17 | 67.57x |
| 2025-11-14 | 69.85x |
| 2025-11-13 | 70.22x |
| 2025-11-12 | 71.90x |
| 2025-11-11 | 71.57x |
| 2025-11-10 | 73.31x |
| 2025-11-07 | 72.78x |
| 2025-11-06 | 73.96x |
| 2025-11-05 | 76.54x |
| 2025-11-04 | 76.65x |
| 2025-11-03 | 78.60x |
| 2025-10-31 | 78.25x |
| 2025-10-30 | 77.68x |
| 2025-10-29 | 78.28x |
| 2025-10-28 | 78.43x |
| 2025-10-27 | 79.32x |
| 2025-10-24 | 80.14x |
| 2025-10-23 | 78.43x |
| 2025-10-22 | 76.49x |
| 2025-10-21 | 79.57x |
| 2025-10-20 | 77.90x |
| 2025-10-17 | 76.49x |
| 2025-10-16 | 77.96x |
| 2025-10-15 | 78.95x |
| 2025-10-14 | 78.58x |
| 2025-10-13 | 77.57x |
| 2025-10-10 | 74.65x |
| 2025-10-09 | 81.59x |
| 2025-10-08 | 84.38x |
| 2025-10-07 | 83.96x |
| 2025-10-06 | 84.46x |
| 2025-10-03 | 83.99x |
| 2025-10-02 | 83.10x |
| 2025-10-01 | 81.80x |
| 2025-09-30 | 78.24x |
| 2025-09-29 | 76.25x |
| 2025-09-26 | 77.70x |
| 2025-09-25 | 74.22x |
| 2025-09-24 | 75.30x |
| 2025-09-23 | 76.30x |
Showing the most recent 260 of 4,192 data points. The chart above shows the full history.
