Basis: Latest stored market observation. 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 18.61x is 13% below its 5-year average of 21.38x, near the low end of its 5-year range (11.19x–37.47x).
As of Saturday, July 25, 2026. 1.46% above its 12-month average of 18.34x.
EV/EBITDA RATIO
18.61x
EV/EBITDA RATIO AVG TTM
18.34x
EV/EBITDA RATIO AVG 3Y
16.01x
EV/EBITDA RATIO AVG 5Y
21.38x
EV/EBITDA RATIO AVG 10Y
16.10x
EV/EBITDA RATIO AVG 15Y
14.21x
EV/EBITDA RATIO AVG 20Y
12.75x
CURRENT VS TTM AVG
+1.46%
CURRENT VS 3Y AVG
+16.25%
CURRENT VS 5Y AVG
-12.96%
CURRENT VS 10Y AVG
+15.56%
CURRENT VS 15Y AVG
+30.92%
CURRENT VS 20Y AVG
+46.01%
SECTOR MEDIAN · UTILITIES
13.51x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+37.75%
vs the sector median at left
NextEra Energy, Inc.
Market Cap
$187.25B
EV/EBITDA Ratio
18.61x
TTM Avg
18.34x
3Y Avg
16.01x
5Y Avg
21.38x
Market Cap
$109.63B
EV/EBITDA Ratio
13.84x
TTM Avg
13.35x
3Y Avg
13.46x
5Y Avg
14.08x
Market Cap
$101.75B
EV/EBITDA Ratio
12.46x
TTM Avg
12.31x
3Y Avg
12.16x
5Y Avg
12.72x
Market Cap
$98.52B
EV/EBITDA Ratio
16.57x
TTM Avg
18.76x
3Y Avg
15.63x
5Y Avg
13.78x
Market Cap
$73.75B
EV/EBITDA Ratio
14.33x
TTM Avg
13.00x
3Y Avg
12.51x
5Y Avg
12.85x
Market Cap
$62.52B
EV/EBITDA Ratio
16.29x
TTM Avg
14.69x
3Y Avg
14.14x
5Y Avg
15.75x
Market Cap
$53.09B
EV/EBITDA Ratio
15.43x
TTM Avg
13.26x
3Y Avg
11.86x
5Y Avg
11.88x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NextEra Energy, Inc. (NEE) | $187.25B | 18.61x | 18.34x | 16.01x | 21.38x |
| The Southern Company (SO)vs › | $109.63B | 13.84x | 13.35x | 13.46x | 14.08x |
| Duke Energy Corporation (DUK)vs › | $101.75B | 12.46x | 12.31x | 12.16x | 12.72x |
| Constellation Energy Corporation (CEG)vs › | $98.52B | 16.57x | 18.76x | 15.63x | 13.78x |
| American Electric Power Company, Inc. (AEP)vs › | $73.75B | 14.33x | 13.00x | 12.51x | 12.85x |
| Dominion Energy, Inc. (D)vs › | $62.52B | 16.29x | 14.69x | 14.14x | 15.75x |
| Sempra (SRE)vs › | $60.79B | 16.20x | 16.44x | 15.80x | 15.23x |
| Vistra Corp. (VST)vs › | $55.09B | 22.67x | 14.54x | 10.20x | 17.01x |
| Entergy Corporation (ETR)vs › | $53.09B | 15.43x | 13.26x | 11.86x | 11.88x |
| Xcel Energy Inc. (XEL)vs › | $50.98B | 15.03x | 14.37x | 12.88x | 13.08x |
At 18.6, EV/EBITDA is richer than usual, sitting higher than 85% of its 20-year history.
20-year low
7.4
median
11.7
20-year high
37.5
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 |
|---|---|
| 2026-07-24 | 18.61x |
| 2026-07-23 | 18.61x |
| 2026-07-22 | 18.56x |
| 2026-07-21 | 18.36x |
| 2026-07-20 | 18.37x |
| 2026-07-17 | 18.48x |
| 2026-07-16 | 18.55x |
| 2026-07-15 | 18.52x |
| 2026-07-14 | 18.58x |
| 2026-07-13 | 18.42x |
| 2026-07-10 | 18.37x |
| 2026-07-09 | 18.25x |
| 2026-07-08 | 18.30x |
| 2026-07-07 | 18.43x |
| 2026-07-06 | 18.30x |
| 2026-07-02 | 18.42x |
| 2026-07-01 | 18.15x |
| 2026-06-30 | 18.34x |
| 2026-06-29 | 18.46x |
| 2026-06-26 | 18.45x |
| 2026-06-25 | 18.33x |
| 2026-06-24 | 18.32x |
| 2026-06-23 | 18.16x |
| 2026-06-22 | 18.11x |
| 2026-06-18 | 18.20x |
| 2026-06-17 | 18.07x |
| 2026-06-16 | 18.13x |
| 2026-06-15 | 18.12x |
| 2026-06-12 | 18.10x |
| 2026-06-11 | 17.95x |
| 2026-06-10 | 17.98x |
| 2026-06-09 | 17.95x |
| 2026-06-08 | 17.84x |
| 2026-06-05 | 18.08x |
| 2026-06-04 | 18.06x |
| 2026-06-03 | 17.91x |
| 2026-06-02 | 18.06x |
| 2026-06-01 | 17.79x |
| 2026-05-29 | 18.24x |
| 2026-05-28 | 18.27x |
| 2026-05-27 | 18.32x |
| 2026-05-26 | 18.32x |
| 2026-05-22 | 18.44x |
| 2026-05-21 | 18.60x |
| 2026-05-20 | 18.41x |
| 2026-05-19 | 18.65x |
| 2026-05-18 | 18.51x |
| 2026-05-15 | 19.09x |
| 2026-05-14 | 19.40x |
| 2026-05-13 | 19.29x |
| 2026-05-12 | 19.25x |
| 2026-05-11 | 19.29x |
| 2026-05-08 | 19.05x |
| 2026-05-07 | 19.08x |
| 2026-05-06 | 19.36x |
| 2026-05-05 | 19.48x |
| 2026-05-04 | 19.38x |
| 2026-05-01 | 19.57x |
| 2026-04-30 | 19.70x |
| 2026-04-29 | 19.20x |
| 2026-04-28 | 19.51x |
| 2026-04-27 | 19.29x |
| 2026-04-24 | 19.35x |
| 2026-04-23 | 19.48x |
| 2026-04-22 | 18.30x |
| 2026-04-21 | 18.38x |
| 2026-04-20 | 18.58x |
| 2026-04-17 | 18.57x |
| 2026-04-16 | 18.55x |
| 2026-04-15 | 18.47x |
| 2026-04-14 | 18.48x |
| 2026-04-13 | 18.62x |
| 2026-04-10 | 18.86x |
| 2026-04-09 | 18.91x |
| 2026-04-08 | 18.87x |
| 2026-04-07 | 18.80x |
| 2026-04-06 | 18.67x |
| 2026-04-02 | 18.73x |
| 2026-04-01 | 18.69x |
| 2026-03-31 | 18.69x |
| 2026-03-30 | 18.58x |
| 2026-03-27 | 18.49x |
| 2026-03-26 | 18.46x |
| 2026-03-25 | 18.46x |
| 2026-03-24 | 18.52x |
| 2026-03-23 | 18.33x |
| 2026-03-20 | 18.23x |
| 2026-03-19 | 18.63x |
| 2026-03-18 | 18.43x |
| 2026-03-17 | 18.65x |
| 2026-03-16 | 18.69x |
| 2026-03-13 | 18.68x |
| 2026-03-12 | 18.54x |
| 2026-03-11 | 18.53x |
| 2026-03-10 | 18.51x |
| 2026-03-09 | 18.58x |
| 2026-03-06 | 18.44x |
| 2026-03-05 | 18.46x |
| 2026-03-04 | 18.66x |
| 2026-03-03 | 18.66x |
| 2026-03-02 | 18.67x |
| 2026-02-27 | 18.82x |
| 2026-02-26 | 18.57x |
| 2026-02-25 | 19.00x |
| 2026-02-24 | 19.08x |
| 2026-02-23 | 18.86x |
| 2026-02-20 | 18.60x |
| 2026-02-19 | 18.53x |
| 2026-02-18 | 18.47x |
| 2026-02-17 | 18.67x |
| 2026-02-13 | 18.82x |
| 2026-02-12 | 19.53x |
| 2026-02-11 | 19.45x |
| 2026-02-10 | 19.38x |
| 2026-02-09 | 19.18x |
| 2026-02-06 | 19.18x |
| 2026-02-05 | 19.14x |
| 2026-02-04 | 19.25x |
| 2026-02-03 | 19.09x |
| 2026-02-02 | 18.73x |
| 2026-01-30 | 18.95x |
| 2026-01-29 | 18.99x |
| 2026-01-28 | 18.91x |
| 2026-01-27 | 18.85x |
| 2026-01-26 | 18.61x |
| 2026-01-23 | 18.51x |
| 2026-01-22 | 18.55x |
| 2026-01-21 | 18.37x |
| 2026-01-20 | 18.32x |
| 2026-01-16 | 18.34x |
| 2026-01-15 | 18.13x |
| 2026-01-14 | 18.10x |
| 2026-01-13 | 18.05x |
| 2026-01-12 | 17.98x |
| 2026-01-09 | 17.80x |
| 2026-01-08 | 17.75x |
| 2026-01-07 | 17.59x |
| 2026-01-06 | 17.97x |
| 2026-01-05 | 18.01x |
| 2026-01-02 | 17.95x |
| 2025-12-31 | 17.86x |
| 2025-12-30 | 17.90x |
| 2025-12-29 | 17.86x |
| 2025-12-26 | 17.88x |
| 2025-12-24 | 17.88x |
| 2025-12-23 | 17.79x |
| 2025-12-22 | 17.83x |
| 2025-12-19 | 17.75x |
| 2025-12-18 | 17.94x |
| 2025-12-17 | 17.86x |
| 2025-12-16 | 18.01x |
| 2025-12-15 | 18.06x |
| 2025-12-12 | 18.06x |
| 2025-12-11 | 17.99x |
| 2025-12-10 | 18.00x |
| 2025-12-09 | 17.77x |
| 2025-12-08 | 17.90x |
| 2025-12-05 | 18.27x |
| 2025-12-04 | 18.31x |
| 2025-12-03 | 18.53x |
| 2025-12-02 | 18.48x |
| 2025-12-01 | 18.49x |
| 2025-11-28 | 18.72x |
| 2025-11-26 | 18.62x |
| 2025-11-25 | 18.51x |
| 2025-11-24 | 18.43x |
| 2025-11-21 | 18.32x |
| 2025-11-20 | 18.44x |
| 2025-11-19 | 18.43x |
| 2025-11-18 | 18.49x |
| 2025-11-17 | 18.65x |
| 2025-11-14 | 18.38x |
| 2025-11-13 | 18.39x |
| 2025-11-12 | 18.67x |
| 2025-11-11 | 18.65x |
| 2025-11-10 | 18.50x |
| 2025-11-07 | 18.38x |
| 2025-11-06 | 18.11x |
| 2025-11-05 | 18.13x |
| 2025-11-04 | 18.06x |
| 2025-11-03 | 18.08x |
| 2025-10-31 | 18.02x |
| 2025-10-30 | 18.05x |
| 2025-10-29 | 18.07x |
| 2025-10-28 | 18.33x |
| 2025-10-27 | 18.80x |
| 2025-10-24 | 18.56x |
| 2025-10-23 | 18.40x |
| 2025-10-22 | 18.34x |
| 2025-10-21 | 18.50x |
| 2025-10-20 | 18.62x |
| 2025-10-17 | 18.58x |
| 2025-10-16 | 18.66x |
| 2025-10-15 | 18.76x |
| 2025-10-14 | 18.60x |
| 2025-10-13 | 18.55x |
| 2025-10-10 | 18.41x |
| 2025-10-09 | 18.46x |
| 2025-10-08 | 18.51x |
| 2025-10-07 | 18.39x |
| 2025-10-06 | 18.23x |
| 2025-10-03 | 17.94x |
| 2025-10-02 | 17.67x |
| 2025-10-01 | 17.74x |
| 2025-09-30 | 17.28x |
| 2025-09-29 | 17.38x |
| 2025-09-26 | 17.33x |
| 2025-09-25 | 17.16x |
| 2025-09-24 | 17.04x |
| 2025-09-23 | 16.82x |
| 2025-09-22 | 16.83x |
| 2025-09-19 | 16.64x |
| 2025-09-18 | 16.60x |
| 2025-09-17 | 16.53x |
| 2025-09-16 | 16.46x |
| 2025-09-15 | 16.70x |
| 2025-09-12 | 16.72x |
| 2025-09-11 | 16.68x |
| 2025-09-10 | 16.64x |
| 2025-09-09 | 16.50x |
| 2025-09-08 | 16.45x |
| 2025-09-05 | 16.62x |
| 2025-09-04 | 16.61x |
| 2025-09-03 | 16.72x |
| 2025-09-02 | 16.87x |
| 2025-08-29 | 16.78x |
| 2025-08-28 | 16.79x |
| 2025-08-27 | 17.05x |
| 2025-08-26 | 17.19x |
| 2025-08-25 | 17.25x |
| 2025-08-22 | 17.40x |
| 2025-08-21 | 17.36x |
| 2025-08-20 | 17.38x |
| 2025-08-19 | 17.43x |
| 2025-08-18 | 17.31x |
| 2025-08-15 | 17.27x |
| 2025-08-14 | 16.81x |
| 2025-08-13 | 16.82x |
| 2025-08-12 | 16.76x |
| 2025-08-11 | 16.84x |
| 2025-08-08 | 16.83x |
| 2025-08-07 | 16.86x |
| 2025-08-06 | 16.57x |
| 2025-08-05 | 16.66x |
| 2025-08-04 | 16.56x |
| 2025-08-01 | 16.54x |
| 2025-07-31 | 16.64x |
| 2025-07-30 | 16.63x |
| 2025-07-29 | 16.77x |
| 2025-07-28 | 16.68x |
| 2025-07-25 | 16.75x |
| 2025-07-24 | 16.77x |
| 2025-07-23 | 16.89x |
| 2025-07-22 | 18.06x |
| 2025-07-21 | 17.85x |
| 2025-07-18 | 17.82x |
| 2025-07-17 | 17.70x |
| 2025-07-16 | 17.64x |
| 2025-07-15 | 17.63x |
| 2025-07-14 | 17.68x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
