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 9.24x is 11% above its estimated 5-year average of 8.33x, around the middle of its estimated 5-year range (5.99x–12.67x).
As of 2026-09-09T20:00:02.000Z. 23.53% above its estimated 12-month average of 7.48x.
Quote observation: 2026-09-09T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: c3610a81fd8ec4b3aac61f8f9c3a72a85c93055ec5ff7a73c828c25c5abc7602
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 2026-09-09.
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
9.24x
EV/EBITDA RATIO AVG TTM
7.48x
EV/EBITDA RATIO AVG 3Y
8.68x
EV/EBITDA RATIO AVG 5Y
8.33x
EV/EBITDA RATIO AVG 10Y
8.80x
EV/EBITDA RATIO AVG 15Y
7.84x
EV/EBITDA RATIO AVG 20Y
8.33x
CURRENT VS TTM AVG
+23.53%
CURRENT VS 3Y AVG
+6.49%
CURRENT VS 5Y AVG
+10.93%
CURRENT VS 10Y AVG
+4.95%
CURRENT VS 15Y AVG
+17.91%
CURRENT VS 20Y AVG
+10.91%
SECTOR MEDIAN · BASIC MATERIALS
13.21x
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
-30.08%
vs the sector median at left
Newmont Corporation
Market Cap
$135.62B
EV/EBITDA Ratio
9.24x
TTM Avg
7.48x
3Y Avg
8.68x
5Y Avg
8.33x
Market Cap
$109.60B
EV/EBITDA Ratio
12.80x
TTM Avg
9.80x
3Y Avg
8.43x
5Y Avg
7.56x
Market Cap
$174.59B
EV/EBITDA Ratio
17.97x
TTM Avg
17.84x
3Y Avg
14.94x
5Y Avg
12.52x
Market Cap
$87.78B
EV/EBITDA Ratio
22.74x
TTM Avg
23.18x
3Y Avg
19.55x
5Y Avg
17.71x
Market Cap
$77.84B
EV/EBITDA Ratio
19.81x
TTM Avg
21.93x
3Y Avg
22.29x
5Y Avg
22.75x
Market Cap
$74.71B
EV/EBITDA Ratio
5.66x
TTM Avg
6.60x
3Y Avg
5.87x
5Y Avg
5.72x
Market Cap
$71.19B
EV/EBITDA Ratio
27.44x
TTM Avg
34.53x
3Y Avg
33.30x
5Y Avg
28.57x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Newmont Corporation (NEM) | $135.62B | 9.24x | 7.48x | 8.68x | 8.33x |
| Freeport-McMoRan Inc. (FCX)vs › | $109.60B | 12.80x | 9.80x | 8.43x | 7.56x |
| Rio Tinto Group (RIO)vs › | $168.58B | N/A | N/A | N/A | N/A |
| Southern Copper Corporation (SCCO)vs › | $174.59B | 17.97x | 17.84x | 14.94x | 12.52x |
| Johnson Controls International plc (JCI)vs › | $87.78B | 22.74x | 23.18x | 19.55x | 17.71x |
| The Sherwin-Williams Company (SHW)vs › | $77.84B | 19.81x | 21.93x | 22.29x | 22.75x |
| Ecolab Inc. (ECL)vs › | $76.61B | 23.33x | 24.10x | 23.07x | 23.08x |
| Barrick Mining Corporation (B)vs › | $74.71B | 5.66x | 6.60x | 5.87x | 5.72x |
| Wheaton Precious Metals Corp. (WPM)vs › | $71.19B | 27.44x | 34.53x | 33.30x | 28.57x |
| Vale S.A. (VALE)vs › | $65.84B | 5.31x | 6.09x | 4.72x | 4.24x |
At 9.2, EV/EBITDA is above its estimated 20-year median — higher than 69% 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
4.2
median
8.0
estimated 20-year high
15.3
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 |
|---|---|
| 2026-09-09 | 9.36x |
| 2026-09-08 | 9.24x |
| 2026-09-04 | 9.31x |
| 2026-09-03 | 9.49x |
| 2026-09-02 | 9.09x |
| 2026-09-01 | 8.90x |
| 2026-08-31 | 9.16x |
| 2026-08-28 | 9.30x |
| 2026-08-27 | 9.63x |
| 2026-08-26 | 9.57x |
| 2026-08-25 | 9.84x |
| 2026-08-24 | 9.59x |
| 2026-08-21 | 9.57x |
| 2026-08-20 | 9.28x |
| 2026-08-19 | 9.09x |
| 2026-08-18 | 8.41x |
| 2026-08-17 | 8.73x |
| 2026-08-14 | 8.54x |
| 2026-08-13 | 8.27x |
| 2026-08-12 | 8.55x |
| 2026-08-11 | 8.50x |
| 2026-08-10 | 8.50x |
| 2026-08-07 | 8.18x |
| 2026-08-06 | 7.62x |
| 2026-08-05 | 7.54x |
| 2026-08-04 | 7.05x |
| 2026-08-03 | 6.87x |
| 2026-07-31 | 6.75x |
| 2026-07-30 | 6.90x |
| 2026-07-29 | 6.57x |
| 2026-07-28 | 6.58x |
| 2026-07-27 | 6.73x |
| 2026-07-24 | 6.71x |
| 2026-07-23 | 6.38x |
| 2026-07-22 | 6.45x |
| 2026-07-21 | 6.22x |
| 2026-07-20 | 5.99x |
| 2026-07-17 | 6.03x |
| 2026-07-16 | 6.11x |
| 2026-07-15 | 6.41x |
| 2026-07-14 | 6.38x |
| 2026-07-13 | 6.26x |
| 2026-07-10 | 6.42x |
| 2026-07-09 | 6.38x |
| 2026-07-08 | 6.27x |
| 2026-07-07 | 6.40x |
| 2026-07-06 | 6.62x |
| 2026-07-02 | 6.54x |
| 2026-07-01 | 6.28x |
| 2026-06-30 | 6.29x |
| 2026-06-29 | 6.36x |
| 2026-06-26 | 6.47x |
| 2026-06-25 | 6.42x |
| 2026-06-24 | 6.33x |
| 2026-06-23 | 6.59x |
| 2026-06-22 | 6.87x |
| 2026-06-18 | 7.01x |
| 2026-06-17 | 7.14x |
| 2026-06-16 | 7.33x |
| 2026-06-15 | 7.15x |
| 2026-06-12 | 6.76x |
| 2026-06-11 | 6.58x |
| 2026-06-10 | 6.24x |
| 2026-06-09 | 6.64x |
| 2026-06-08 | 6.67x |
| 2026-06-05 | 6.72x |
| 2026-06-04 | 7.32x |
| 2026-06-03 | 7.26x |
| 2026-06-02 | 7.40x |
| 2026-06-01 | 7.31x |
| 2026-05-29 | 7.43x |
| 2026-05-28 | 7.32x |
| 2026-05-27 | 7.25x |
| 2026-05-26 | 7.55x |
| 2026-05-22 | 7.27x |
| 2026-05-21 | 7.32x |
| 2026-05-20 | 7.26x |
| 2026-05-19 | 7.10x |
| 2026-05-18 | 7.43x |
| 2026-05-15 | 7.37x |
| 2026-05-14 | 7.88x |
| 2026-05-13 | 8.06x |
| 2026-05-12 | 8.11x |
| 2026-05-11 | 8.18x |
| 2026-05-08 | 7.89x |
| 2026-05-07 | 7.68x |
| 2026-05-06 | 7.79x |
| 2026-05-05 | 7.37x |
| 2026-05-04 | 7.32x |
| 2026-05-01 | 7.34x |
| 2026-04-30 | 7.51x |
| 2026-04-29 | 7.27x |
| 2026-04-28 | 7.43x |
| 2026-04-27 | 7.86x |
| 2026-04-24 | 8.18x |
| 2025-07-24 | 8.75x |
| 2025-07-23 | 8.73x |
| 2025-07-22 | 8.77x |
| 2025-07-21 | 8.53x |
| 2025-07-18 | 8.31x |
| 2025-07-17 | 8.28x |
| 2025-07-16 | 8.34x |
| 2025-07-15 | 8.20x |
| 2025-07-14 | 8.66x |
| 2025-07-11 | 8.56x |
| 2025-07-10 | 8.52x |
| 2025-07-09 | 8.38x |
| 2025-07-08 | 8.23x |
| 2025-07-07 | 8.57x |
| 2025-07-03 | 8.53x |
| 2025-07-02 | 8.56x |
| 2025-07-01 | 8.39x |
| 2025-06-30 | 8.32x |
| 2025-06-27 | 8.12x |
| 2025-06-26 | 8.44x |
| 2025-06-25 | 8.29x |
| 2025-06-24 | 8.29x |
| 2025-06-23 | 8.48x |
| 2025-06-20 | 8.31x |
| 2025-06-18 | 8.32x |
| 2025-06-17 | 8.35x |
| 2025-06-16 | 8.30x |
| 2025-06-13 | 8.27x |
| 2025-06-12 | 8.01x |
| 2025-06-11 | 7.66x |
| 2025-06-10 | 7.56x |
| 2025-06-09 | 7.66x |
| 2025-06-06 | 7.54x |
| 2025-06-05 | 7.82x |
| 2025-06-04 | 7.92x |
| 2025-06-03 | 7.93x |
| 2025-06-02 | 7.96x |
| 2025-05-30 | 7.58x |
| 2025-05-29 | 7.56x |
| 2025-05-28 | 7.60x |
| 2025-05-27 | 7.58x |
| 2025-05-23 | 7.71x |
| 2025-05-22 | 7.58x |
| 2025-05-21 | 7.57x |
| 2025-05-20 | 7.53x |
| 2025-05-19 | 7.35x |
| 2025-05-16 | 7.24x |
| 2025-05-15 | 7.20x |
| 2025-05-14 | 7.05x |
| 2025-05-13 | 7.23x |
| 2025-05-12 | 7.33x |
| 2025-05-09 | 7.75x |
| 2025-05-08 | 7.60x |
| 2025-05-07 | 7.75x |
| 2025-05-06 | 7.83x |
| 2025-05-05 | 7.63x |
| 2025-05-02 | 7.43x |
| 2025-05-01 | 7.42x |
| 2025-04-30 | 7.58x |
| 2025-04-29 | 7.62x |
| 2025-04-28 | 7.76x |
| 2025-04-25 | 7.75x |
| 2025-04-24 | 7.98x |
| 2025-04-23 | 7.63x |
| 2025-04-22 | 7.83x |
| 2025-04-21 | 7.91x |
| 2025-04-17 | 7.90x |
| 2025-04-16 | 8.01x |
| 2025-04-15 | 7.83x |
| 2025-04-14 | 7.86x |
| 2025-04-11 | 7.88x |
| 2025-04-10 | 7.35x |
| 2025-04-09 | 7.06x |
| 2025-04-08 | 6.56x |
| 2025-04-07 | 6.55x |
| 2025-04-04 | 6.46x |
| 2025-04-03 | 7.00x |
| 2025-04-02 | 7.06x |
| 2025-04-01 | 7.00x |
| 2025-03-31 | 7.00x |
| 2025-03-28 | 6.97x |
| 2025-03-27 | 7.01x |
| 2025-03-26 | 6.88x |
| 2025-03-25 | 6.90x |
| 2025-03-24 | 6.81x |
| 2025-03-21 | 6.88x |
| 2025-03-20 | 6.93x |
| 2025-03-19 | 6.96x |
| 2025-03-18 | 6.94x |
| 2025-03-17 | 6.90x |
| 2025-03-14 | 6.73x |
| 2025-03-13 | 6.65x |
| 2025-03-12 | 6.38x |
| 2025-03-11 | 6.36x |
| 2025-03-10 | 6.22x |
| 2025-03-07 | 6.42x |
| 2025-03-06 | 6.42x |
| 2025-03-05 | 6.41x |
| 2025-03-04 | 6.24x |
| 2025-03-03 | 6.22x |
| 2025-02-28 | 6.28x |
| 2025-02-27 | 6.18x |
| 2025-02-26 | 6.38x |
| 2025-02-25 | 6.29x |
| 2025-02-24 | 6.44x |
| 2025-02-21 | 6.61x |
| 2025-02-20 | 8.70x |
| 2025-02-19 | 8.59x |
| 2025-02-18 | 8.61x |
| 2025-02-14 | 8.45x |
| 2025-02-13 | 8.65x |
| 2025-02-12 | 8.49x |
| 2025-02-11 | 8.28x |
| 2025-02-10 | 8.44x |
| 2025-02-07 | 8.17x |
| 2025-02-06 | 8.18x |
| 2025-02-05 | 8.19x |
| 2025-02-04 | 7.93x |
| 2025-02-03 | 7.89x |
| 2025-01-31 | 7.83x |
| 2025-01-30 | 7.89x |
| 2025-01-29 | 7.64x |
| 2025-01-28 | 7.60x |
| 2025-01-27 | 7.64x |
| 2025-01-24 | 7.72x |
| 2025-01-23 | 7.70x |
| 2025-01-22 | 7.66x |
| 2025-01-21 | 7.77x |
| 2025-01-17 | 7.66x |
| 2025-01-16 | 7.65x |
| 2025-01-15 | 7.61x |
| 2025-01-14 | 7.41x |
| 2025-01-13 | 7.25x |
| 2025-01-10 | 7.24x |
| 2025-01-08 | 7.24x |
| 2025-01-07 | 7.08x |
| 2025-01-06 | 7.02x |
| 2025-01-03 | 7.07x |
| 2025-01-02 | 7.12x |
| 2024-12-31 | 6.93x |
| 2024-12-30 | 6.89x |
| 2024-12-27 | 7.03x |
| 2024-12-26 | 7.07x |
| 2024-12-24 | 7.11x |
| 2024-12-23 | 7.08x |
| 2024-12-20 | 7.10x |
| 2024-12-19 | 6.90x |
| 2024-12-18 | 7.00x |
| 2024-12-17 | 7.35x |
| 2024-12-16 | 7.40x |
| 2024-12-13 | 7.42x |
| 2024-12-12 | 7.64x |
| 2024-12-11 | 7.75x |
| 2024-12-10 | 7.63x |
| 2024-12-09 | 7.67x |
| 2024-12-06 | 7.56x |
| 2024-12-05 | 7.56x |
| 2024-12-04 | 7.61x |
| 2024-12-03 | 7.64x |
| 2024-12-02 | 7.53x |
| 2024-11-29 | 7.70x |
| 2024-11-27 | 7.72x |
| 2024-11-26 | 7.75x |
| 2024-11-25 | 7.78x |
| 2024-11-22 | 7.93x |
Showing the most recent 260 of 4,842 data points. The chart above shows the full history.
