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 23.64x is 16% below its estimated 5-year average of 28.17x, near the low end of its estimated 5-year range (19.92x–42.58x).
As of 2026-09-14T14:06:02.402Z. 9.20% below its estimated 12-month average of 26.04x.
Calculation as of: 2026-09-14T14:06:02.402Z.
Quote observation: 2026-09-14T14:05:07.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: b4523606e21aacde325679aa5b9f63b685ee01750f17784c69cc48842d19db54
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
23.64x
EV/EBIT RATIO AVG TTM
26.04x
EV/EBIT RATIO AVG 3Y
26.20x
EV/EBIT RATIO AVG 5Y
28.17x
EV/EBIT RATIO AVG 10Y
28.31x
EV/EBIT RATIO AVG 15Y
25.11x
EV/EBIT RATIO AVG 20Y
21.84x
CURRENT VS TTM AVG
-9.20%
CURRENT VS 3Y AVG
-9.76%
CURRENT VS 5Y AVG
-16.09%
CURRENT VS 10Y AVG
-16.49%
CURRENT VS 15Y AVG
-5.87%
CURRENT VS 20Y AVG
+8.26%
SECTOR MEDIAN · HEALTHCARE
21.52x
median of 77 covered companies
CURRENT VS SECTOR MEDIAN
+9.85%
vs the sector median at left
Mettler-Toledo International Inc.
Market Cap
$25.98B
EV/EBIT Ratio
23.64x
TTM Avg
26.04x
3Y Avg
26.20x
5Y Avg
28.17x
Market Cap
$25.72B
EV/EBIT Ratio
20.00x
TTM Avg
20.71x
3Y Avg
26.18x
5Y Avg
20.22x
Market Cap
$26.22B
EV/EBIT Ratio
19.56x
TTM Avg
18.18x
3Y Avg
17.82x
5Y Avg
15.18x
Market Cap
$24.70B
EV/EBIT Ratio
11.30x
TTM Avg
13.44x
3Y Avg
110.50x
5Y Avg
73.96x
Market Cap
$24.49B
EV/EBIT Ratio
35.50x
TTM Avg
32.00x
3Y Avg
33.76x
5Y Avg
34.29x
Market Cap
$29.19B
EV/EBIT Ratio
14.46x
TTM Avg
15.39x
3Y Avg
16.60x
5Y Avg
16.65x
Market Cap
$30.50B
EV/EBIT Ratio
95.25x
TTM Avg
40.65x
3Y Avg
31.10x
5Y Avg
28.42x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mettler-Toledo International Inc. (MTD) | $25.98B | 23.64x | 26.04x | 26.20x | 28.17x |
| Labcorp Holdings Inc. (LH)vs › | $25.72B | 20.00x | 20.71x | 26.18x | 20.22x |
| Quest Diagnostics Incorporated (DGX)vs › | $26.22B | 19.56x | 18.18x | 17.82x | 15.18x |
| BioNTech SE (BNTX)vs › | $24.84B | N/A | 4.90x | 5.87x | 5.87x |
| Incyte Corporation (INCY)vs › | $24.70B | 11.30x | 13.44x | 110.50x | 73.96x |
| Medline Inc. (MDLN)vs › | $27.45B | 20.80x | 21.78x | 21.78x | 21.78x |
| West Pharmaceutical Services, Inc. (WST)vs › | $24.49B | 35.50x | 32.00x | 33.76x | 34.29x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $29.19B | 14.46x | 15.39x | 16.60x | 16.65x |
| Waters Corporation (WAT)vs › | $30.50B | 95.25x | 40.65x | 31.10x | 28.42x |
| United Therapeutics Corporation (UTHR)vs › | $21.42B | 13.97x | 15.45x | 12.31x | 13.05x |
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 | 23.73x |
| 2026-09-10 | 23.51x |
| 2026-09-09 | 23.68x |
| 2026-09-08 | 24.27x |
| 2026-09-04 | 24.61x |
| 2026-09-03 | 24.80x |
| 2026-09-02 | 24.99x |
| 2026-09-01 | 25.13x |
| 2026-08-31 | 25.63x |
| 2026-08-28 | 25.52x |
| 2026-08-27 | 25.67x |
| 2026-08-26 | 25.51x |
| 2026-08-25 | 25.58x |
| 2026-08-24 | 25.52x |
| 2026-08-21 | 25.46x |
| 2026-08-20 | 25.43x |
| 2026-08-19 | 25.97x |
| 2026-08-18 | 25.53x |
| 2026-08-17 | 25.84x |
| 2026-08-14 | 25.86x |
| 2026-08-13 | 26.06x |
| 2026-08-12 | 26.20x |
| 2026-08-11 | 26.17x |
| 2026-08-10 | 26.01x |
| 2026-08-07 | 26.04x |
| 2026-08-06 | 25.90x |
| 2026-08-05 | 25.91x |
| 2026-08-04 | 26.17x |
| 2026-08-03 | 26.31x |
| 2026-07-31 | 26.98x |
| 2026-07-30 | 26.35x |
| 2026-07-29 | 26.49x |
| 2026-07-28 | 26.49x |
| 2026-07-27 | 25.57x |
| 2026-07-24 | 25.40x |
| 2026-07-23 | 25.49x |
| 2026-07-22 | 24.67x |
| 2026-07-21 | 24.89x |
| 2026-07-20 | 24.46x |
| 2026-07-17 | 25.10x |
| 2026-07-16 | 25.54x |
| 2026-07-15 | 25.22x |
| 2026-07-14 | 25.18x |
| 2026-07-13 | 24.91x |
| 2026-07-10 | 24.85x |
| 2026-07-09 | 24.71x |
| 2026-07-08 | 24.02x |
| 2026-07-07 | 24.84x |
| 2026-07-06 | 24.84x |
| 2026-07-02 | 25.07x |
| 2026-07-01 | 24.93x |
| 2026-06-30 | 24.52x |
| 2026-06-29 | 24.19x |
| 2026-06-26 | 24.28x |
| 2026-06-25 | 23.92x |
| 2026-06-24 | 23.21x |
| 2026-06-23 | 22.38x |
| 2026-06-22 | 22.51x |
| 2026-06-18 | 22.17x |
| 2026-06-17 | 21.90x |
| 2026-06-16 | 22.29x |
| 2026-06-15 | 22.34x |
| 2026-06-12 | 21.94x |
| 2026-06-11 | 22.11x |
| 2026-06-10 | 21.96x |
| 2026-06-09 | 22.49x |
| 2026-06-08 | 22.07x |
| 2026-06-05 | 22.34x |
| 2026-06-04 | 22.80x |
| 2026-06-03 | 22.61x |
| 2026-06-02 | 22.62x |
| 2026-06-01 | 22.86x |
| 2026-05-29 | 22.81x |
| 2026-05-28 | 22.50x |
| 2026-05-27 | 21.27x |
| 2026-05-26 | 21.40x |
| 2026-05-22 | 21.43x |
| 2026-05-21 | 21.21x |
| 2026-05-20 | 21.07x |
| 2026-05-19 | 20.51x |
| 2026-05-18 | 20.93x |
| 2026-05-15 | 20.17x |
| 2026-05-14 | 20.35x |
| 2026-05-13 | 20.06x |
| 2026-05-12 | 20.89x |
| 2026-05-11 | 21.00x |
| 2026-05-08 | 22.52x |
| 2026-05-07 | 26.07x |
| 2026-05-06 | 26.24x |
| 2026-05-05 | 25.77x |
| 2026-05-04 | 25.00x |
| 2026-05-01 | 25.12x |
| 2026-04-30 | 25.30x |
| 2026-04-29 | 24.63x |
| 2026-04-28 | 25.04x |
| 2026-04-27 | 25.26x |
| 2026-04-24 | 25.40x |
| 2026-04-23 | 25.07x |
| 2026-04-22 | 25.91x |
| 2026-04-21 | 26.17x |
| 2026-04-20 | 26.17x |
| 2026-04-17 | 26.46x |
| 2026-04-16 | 25.56x |
| 2026-04-15 | 26.01x |
| 2026-04-14 | 26.48x |
| 2026-04-13 | 26.56x |
| 2026-04-10 | 26.18x |
| 2026-04-09 | 26.36x |
| 2026-04-08 | 26.14x |
| 2026-04-07 | 25.18x |
| 2026-04-06 | 25.12x |
| 2026-04-02 | 24.99x |
| 2026-04-01 | 25.25x |
| 2026-03-31 | 25.02x |
| 2026-03-30 | 24.77x |
| 2026-03-27 | 24.48x |
| 2026-03-26 | 25.18x |
| 2026-03-25 | 25.10x |
| 2026-03-24 | 25.08x |
| 2026-03-23 | 24.61x |
| 2026-03-20 | 23.98x |
| 2026-03-19 | 23.73x |
| 2026-03-18 | 23.75x |
| 2026-03-17 | 24.02x |
| 2026-03-16 | 23.88x |
| 2026-03-13 | 23.42x |
| 2026-03-12 | 23.32x |
| 2026-03-11 | 24.43x |
| 2026-03-10 | 24.48x |
| 2026-03-09 | 24.79x |
| 2026-03-06 | 24.08x |
| 2026-03-05 | 25.02x |
| 2026-03-04 | 25.48x |
| 2026-03-03 | 26.03x |
| 2026-03-02 | 26.18x |
| 2026-02-27 | 26.94x |
| 2026-02-26 | 27.13x |
| 2026-02-25 | 27.18x |
| 2026-02-24 | 27.17x |
| 2026-02-23 | 27.42x |
| 2026-02-20 | 27.14x |
| 2026-02-19 | 27.12x |
| 2026-02-18 | 27.10x |
| 2026-02-17 | 26.69x |
| 2026-02-13 | 26.83x |
| 2026-02-12 | 26.78x |
| 2026-02-11 | 27.41x |
| 2026-02-10 | 27.53x |
| 2026-02-09 | 27.20x |
| 2026-02-06 | 27.41x |
| 2026-02-05 | 27.58x |
| 2026-02-04 | 27.71x |
| 2026-02-03 | 27.34x |
| 2026-02-02 | 27.64x |
| 2026-01-30 | 27.41x |
| 2026-01-29 | 27.77x |
| 2026-01-28 | 27.93x |
| 2026-01-27 | 28.37x |
| 2026-01-26 | 28.38x |
| 2026-01-23 | 28.02x |
| 2026-01-22 | 28.61x |
| 2026-01-21 | 28.70x |
| 2026-01-20 | 27.97x |
| 2026-01-16 | 29.03x |
| 2026-01-15 | 29.70x |
| 2026-01-14 | 29.49x |
| 2026-01-13 | 29.48x |
| 2026-01-12 | 29.61x |
| 2026-01-09 | 29.48x |
| 2026-01-08 | 29.11x |
| 2026-01-07 | 29.22x |
| 2026-01-06 | 29.48x |
| 2026-01-05 | 28.77x |
| 2026-01-02 | 28.11x |
| 2025-12-31 | 27.80x |
| 2025-12-30 | 28.17x |
| 2025-12-29 | 28.26x |
| 2025-12-26 | 28.28x |
| 2025-12-24 | 28.22x |
| 2025-12-23 | 28.17x |
| 2025-12-22 | 28.13x |
| 2025-12-19 | 27.95x |
| 2025-12-18 | 27.71x |
| 2025-12-17 | 27.62x |
| 2025-12-16 | 27.65x |
| 2025-12-15 | 28.13x |
| 2025-12-12 | 27.78x |
| 2025-12-11 | 28.30x |
| 2025-12-10 | 28.01x |
| 2025-12-09 | 27.37x |
| 2025-12-08 | 27.56x |
| 2025-12-05 | 28.18x |
| 2025-12-04 | 28.33x |
| 2025-12-03 | 28.55x |
| 2025-12-02 | 28.78x |
| 2025-12-01 | 29.17x |
| 2025-11-28 | 29.33x |
| 2025-11-26 | 29.51x |
| 2025-11-25 | 29.87x |
| 2025-11-24 | 29.20x |
| 2025-11-21 | 28.87x |
| 2025-11-20 | 27.89x |
| 2025-11-19 | 27.99x |
| 2025-11-18 | 27.84x |
| 2025-11-17 | 27.70x |
| 2025-11-14 | 27.96x |
| 2025-11-13 | 28.13x |
| 2025-11-12 | 28.79x |
| 2025-11-11 | 28.74x |
| 2025-11-10 | 28.51x |
| 2025-11-07 | 29.19x |
| 2025-11-06 | 29.19x |
| 2025-11-05 | 29.20x |
| 2025-11-04 | 28.83x |
| 2025-11-03 | 28.57x |
| 2025-10-31 | 28.75x |
| 2025-10-30 | 28.01x |
| 2025-10-29 | 28.33x |
| 2025-10-28 | 28.53x |
| 2025-10-27 | 28.82x |
| 2025-10-24 | 29.09x |
| 2025-10-23 | 29.16x |
| 2025-10-22 | 28.09x |
| 2025-10-21 | 28.17x |
| 2025-10-20 | 27.63x |
| 2025-10-17 | 27.48x |
| 2025-10-16 | 27.68x |
| 2025-10-15 | 26.63x |
| 2025-10-14 | 26.61x |
| 2025-10-13 | 26.26x |
| 2025-10-10 | 26.05x |
| 2025-10-09 | 26.69x |
| 2025-10-08 | 27.09x |
| 2025-10-07 | 26.72x |
| 2025-10-06 | 27.41x |
| 2025-10-03 | 26.82x |
| 2025-10-02 | 26.56x |
| 2025-10-01 | 26.36x |
| 2025-09-30 | 25.18x |
| 2025-09-29 | 24.49x |
| 2025-09-26 | 24.74x |
| 2025-09-25 | 24.84x |
| 2025-09-24 | 25.46x |
| 2025-09-23 | 25.74x |
| 2025-09-22 | 25.76x |
| 2025-09-19 | 25.90x |
| 2025-09-18 | 26.31x |
| 2025-09-17 | 26.06x |
| 2025-09-16 | 26.10x |
| 2025-09-15 | 25.80x |
| 2025-09-12 | 25.78x |
| 2025-09-11 | 26.22x |
| 2025-09-10 | 25.66x |
| 2025-09-09 | 26.27x |
| 2025-09-08 | 26.83x |
| 2025-09-05 | 26.66x |
| 2025-09-04 | 26.32x |
| 2025-09-03 | 25.96x |
| 2025-09-02 | 26.10x |
| 2025-08-29 | 26.57x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
