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 19.99x is in line with its estimated 5-year average of 20.40x, around the middle of its estimated 5-year range (17.59x–23.80x).
As of 2026-09-14T21:16:01.565Z. 3.78% below its estimated 12-month average of 20.78x.
Calculation as of: 2026-09-14T21:16:01.565Z.
Quote observation: 2026-09-14T19:59:59.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d274eb198d7200c9b710e79519b2a2be8ba50c2706c87a79c36a53839e639a23
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
19.99x
EV/EBIT RATIO AVG TTM
20.78x
EV/EBIT RATIO AVG 3Y
20.41x
EV/EBIT RATIO AVG 5Y
20.40x
EV/EBIT RATIO AVG 10Y
20.44x
EV/EBIT RATIO AVG 15Y
17.59x
EV/EBIT RATIO AVG 20Y
15.54x
CURRENT VS TTM AVG
-3.78%
CURRENT VS 3Y AVG
-2.08%
CURRENT VS 5Y AVG
-2.00%
CURRENT VS 10Y AVG
-2.23%
CURRENT VS 15Y AVG
+13.61%
CURRENT VS 20Y AVG
+28.63%
SECTOR MEDIAN · UTILITIES
22.27x
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
-10.24%
vs the sector median at left
Market Cap
$20.95B
EV/EBIT Ratio
23.96x
TTM Avg
23.69x
3Y Avg
25.14x
5Y Avg
25.68x
Market Cap
$21.60B
EV/EBIT Ratio
14.43x
TTM Avg
14.09x
3Y Avg
19.74x
5Y Avg
26.90x
Market Cap
$17.28B
EV/EBIT Ratio
30.01x
TTM Avg
28.96x
3Y Avg
27.50x
5Y Avg
26.98x
Market Cap
$25.46B
EV/EBIT Ratio
22.58x
TTM Avg
24.07x
3Y Avg
22.11x
5Y Avg
22.55x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NiSource Inc (NI) | $19.69B | 19.99x | 20.78x | 20.41x | 20.40x |
| Evergy, Inc. (EVRG)vs › | $18.64B | 22.36x | 22.91x | 21.11x | 20.56x |
| CMS Energy Corporation (CMS)vs › | $20.95B | 23.96x | 23.69x | 25.14x | 25.68x |
| Edison International (EIX)vs › | $21.60B | 14.43x | 14.09x | 19.74x | 26.90x |
| Alliant Energy Corporation (LNT)vs › | $17.28B | 30.01x | 28.96x | 27.50x | 26.98x |
| NRG Energy, Inc. (NRG)vs › | $22.89B | 23.36x | 30.06x | 23.89x | 16.59x |
| PPL Corporation (PPL)vs › | $25.43B | 19.91x | 21.58x | 22.22x | 21.89x |
| CenterPoint Energy, Inc. (CNP)vs › | $25.46B | 22.58x | 24.07x | 22.11x | 22.55x |
| Eversource Energy (ES)vs › | $25.70B | 17.17x | 18.68x | 19.17x | 20.92x |
| Talen Energy Corporation (TLN)vs › | $13.01B | 86.62x | 322.92x | 214.12x | 214.12x |
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 | 20.12x |
| 2026-09-10 | 20.12x |
| 2026-09-09 | 20.19x |
| 2026-09-08 | 20.25x |
| 2026-09-04 | 20.12x |
| 2026-09-03 | 20.19x |
| 2026-09-02 | 20.05x |
| 2026-09-01 | 20.00x |
| 2026-08-31 | 19.99x |
| 2026-08-28 | 19.90x |
| 2026-08-27 | 20.00x |
| 2026-08-26 | 20.05x |
| 2026-08-25 | 19.92x |
| 2026-08-24 | 19.97x |
| 2026-08-21 | 19.92x |
| 2026-08-20 | 20.18x |
| 2026-08-19 | 20.18x |
| 2026-08-18 | 20.30x |
| 2026-08-17 | 20.37x |
| 2026-08-14 | 20.40x |
| 2026-08-13 | 20.29x |
| 2026-08-12 | 20.27x |
| 2026-08-11 | 20.28x |
| 2026-08-10 | 20.22x |
| 2026-08-07 | 20.43x |
| 2026-08-06 | 20.63x |
| 2026-08-05 | 19.70x |
| 2026-08-04 | 20.11x |
| 2026-08-03 | 20.11x |
| 2026-07-31 | 20.09x |
| 2026-07-30 | 20.25x |
| 2026-07-29 | 20.18x |
| 2026-07-28 | 20.42x |
| 2026-07-27 | 20.44x |
| 2026-07-24 | 20.66x |
| 2026-07-23 | 20.68x |
| 2026-07-22 | 20.63x |
| 2026-07-21 | 20.33x |
| 2026-07-20 | 20.33x |
| 2026-07-17 | 20.48x |
| 2026-07-16 | 20.56x |
| 2026-07-15 | 20.41x |
| 2026-07-14 | 20.64x |
| 2026-07-13 | 20.76x |
| 2026-07-10 | 20.72x |
| 2026-07-09 | 20.65x |
| 2026-07-08 | 20.70x |
| 2026-07-07 | 20.86x |
| 2026-07-06 | 20.75x |
| 2026-07-02 | 20.95x |
| 2026-07-01 | 20.71x |
| 2026-06-30 | 20.88x |
| 2026-06-29 | 21.03x |
| 2026-06-26 | 21.27x |
| 2026-06-25 | 20.95x |
| 2026-06-24 | 20.90x |
| 2026-06-23 | 20.81x |
| 2026-06-22 | 20.90x |
| 2026-06-18 | 20.81x |
| 2026-06-17 | 20.68x |
| 2026-06-16 | 20.92x |
| 2026-06-15 | 20.86x |
| 2026-06-12 | 20.79x |
| 2026-06-11 | 20.64x |
| 2026-06-10 | 20.65x |
| 2026-06-09 | 20.57x |
| 2026-06-08 | 20.45x |
| 2026-06-05 | 20.64x |
| 2026-06-04 | 20.45x |
| 2026-06-03 | 20.37x |
| 2026-06-02 | 20.45x |
| 2026-06-01 | 20.26x |
| 2026-05-29 | 20.54x |
| 2026-05-28 | 20.68x |
| 2026-05-27 | 20.86x |
| 2026-05-26 | 20.94x |
| 2026-05-22 | 20.96x |
| 2026-05-21 | 20.92x |
| 2026-05-20 | 20.75x |
| 2026-05-19 | 20.85x |
| 2026-05-18 | 20.63x |
| 2026-05-15 | 20.56x |
| 2026-05-14 | 20.85x |
| 2026-05-13 | 20.75x |
| 2026-05-12 | 20.79x |
| 2026-05-11 | 20.75x |
| 2026-05-08 | 20.67x |
| 2026-05-07 | 20.75x |
| 2026-05-06 | 21.06x |
| 2026-05-05 | 21.24x |
| 2026-05-04 | 21.21x |
| 2026-05-01 | 21.21x |
| 2026-04-30 | 21.26x |
| 2026-04-29 | 21.24x |
| 2026-04-28 | 21.32x |
| 2026-04-27 | 21.25x |
| 2026-04-24 | 21.19x |
| 2026-04-23 | 21.26x |
| 2026-04-22 | 20.89x |
| 2026-04-21 | 20.91x |
| 2026-04-20 | 21.13x |
| 2026-04-17 | 21.27x |
| 2026-04-16 | 21.12x |
| 2026-04-15 | 21.03x |
| 2026-04-14 | 20.99x |
| 2026-04-13 | 20.98x |
| 2026-04-10 | 21.20x |
| 2026-04-09 | 21.31x |
| 2026-04-08 | 21.22x |
| 2026-04-07 | 21.10x |
| 2026-04-06 | 20.97x |
| 2026-04-02 | 21.06x |
| 2026-04-01 | 20.91x |
| 2026-03-31 | 20.84x |
| 2026-03-30 | 20.80x |
| 2026-03-27 | 20.66x |
| 2026-03-26 | 20.53x |
| 2026-03-25 | 20.59x |
| 2026-03-24 | 20.59x |
| 2026-03-23 | 20.54x |
| 2026-03-20 | 20.42x |
| 2026-03-19 | 20.85x |
| 2026-03-18 | 20.83x |
| 2026-03-17 | 21.00x |
| 2026-03-16 | 21.05x |
| 2026-03-13 | 21.03x |
| 2026-03-12 | 20.85x |
| 2026-03-11 | 20.74x |
| 2026-03-10 | 20.82x |
| 2026-03-09 | 20.94x |
| 2026-03-06 | 20.79x |
| 2026-03-05 | 20.94x |
| 2026-03-04 | 21.08x |
| 2026-03-03 | 20.86x |
| 2026-03-02 | 20.94x |
| 2026-02-27 | 21.01x |
| 2026-02-26 | 20.85x |
| 2026-02-25 | 20.81x |
| 2026-02-24 | 20.78x |
| 2026-02-23 | 20.72x |
| 2026-02-20 | 20.77x |
| 2026-02-19 | 20.63x |
| 2026-02-18 | 20.49x |
| 2026-02-17 | 20.86x |
| 2026-02-13 | 20.77x |
| 2026-02-12 | 20.46x |
| 2026-02-11 | 21.19x |
| 2026-02-10 | 21.21x |
| 2026-02-09 | 21.13x |
| 2026-02-06 | 21.04x |
| 2026-02-05 | 20.99x |
| 2026-02-04 | 21.02x |
| 2026-02-03 | 21.00x |
| 2026-02-02 | 21.02x |
| 2026-01-30 | 21.09x |
| 2026-01-29 | 21.19x |
| 2026-01-28 | 21.10x |
| 2026-01-27 | 21.12x |
| 2026-01-26 | 20.99x |
| 2026-01-23 | 20.85x |
| 2026-01-22 | 20.88x |
| 2026-01-21 | 20.95x |
| 2026-01-20 | 20.85x |
| 2026-01-16 | 20.99x |
| 2026-01-15 | 20.88x |
| 2026-01-14 | 20.82x |
| 2026-01-13 | 20.59x |
| 2026-01-12 | 20.57x |
| 2026-01-09 | 20.47x |
| 2026-01-08 | 20.34x |
| 2026-01-07 | 20.34x |
| 2026-01-06 | 20.43x |
| 2026-01-05 | 20.35x |
| 2026-01-02 | 20.51x |
| 2025-12-31 | 20.40x |
| 2025-12-30 | 20.48x |
| 2025-12-29 | 20.45x |
| 2025-12-26 | 20.39x |
| 2025-12-24 | 20.43x |
| 2025-12-23 | 20.36x |
| 2025-12-22 | 20.31x |
| 2025-12-19 | 20.18x |
| 2025-12-18 | 20.33x |
| 2025-12-17 | 20.26x |
| 2025-12-16 | 20.31x |
| 2025-12-15 | 20.42x |
| 2025-12-12 | 20.30x |
| 2025-12-11 | 20.38x |
| 2025-12-10 | 20.28x |
| 2025-12-09 | 20.31x |
| 2025-12-08 | 20.28x |
| 2025-12-05 | 20.46x |
| 2025-12-04 | 20.43x |
| 2025-12-03 | 20.43x |
| 2025-12-02 | 20.54x |
| 2025-12-01 | 20.74x |
| 2025-11-28 | 21.05x |
| 2025-11-26 | 20.94x |
| 2025-11-25 | 20.78x |
| 2025-11-24 | 20.85x |
| 2025-11-21 | 20.68x |
| 2025-11-20 | 20.57x |
| 2025-11-19 | 20.66x |
| 2025-11-18 | 20.75x |
| 2025-11-17 | 20.79x |
| 2025-11-14 | 20.70x |
| 2025-11-13 | 20.73x |
| 2025-11-12 | 20.91x |
| 2025-11-11 | 20.99x |
| 2025-11-10 | 20.93x |
| 2025-11-07 | 20.89x |
| 2025-11-06 | 20.68x |
| 2025-11-05 | 20.70x |
| 2025-11-04 | 20.70x |
| 2025-11-03 | 20.62x |
| 2025-10-31 | 20.49x |
| 2025-10-30 | 20.50x |
| 2025-10-29 | 21.40x |
| 2025-10-28 | 21.66x |
| 2025-10-27 | 21.76x |
| 2025-10-24 | 21.73x |
| 2025-10-23 | 21.80x |
| 2025-10-22 | 21.87x |
| 2025-10-21 | 21.75x |
| 2025-10-20 | 21.79x |
| 2025-10-17 | 21.62x |
| 2025-10-16 | 21.62x |
| 2025-10-15 | 21.71x |
| 2025-10-14 | 21.53x |
| 2025-10-13 | 21.48x |
| 2025-10-10 | 21.51x |
| 2025-10-09 | 21.54x |
| 2025-10-08 | 21.81x |
| 2025-10-07 | 21.72x |
| 2025-10-06 | 21.89x |
| 2025-10-03 | 21.79x |
| 2025-10-02 | 21.58x |
| 2025-10-01 | 21.57x |
| 2025-09-30 | 21.64x |
| 2025-09-29 | 21.61x |
| 2025-09-26 | 21.43x |
| 2025-09-25 | 21.22x |
| 2025-09-24 | 21.38x |
| 2025-09-23 | 21.15x |
| 2025-09-22 | 21.07x |
| 2025-09-19 | 20.79x |
| 2025-09-18 | 20.74x |
| 2025-09-17 | 20.59x |
| 2025-09-16 | 20.52x |
| 2025-09-15 | 20.85x |
| 2025-09-12 | 20.99x |
| 2025-09-11 | 21.02x |
| 2025-09-10 | 20.91x |
| 2025-09-09 | 20.84x |
| 2025-09-08 | 20.76x |
| 2025-09-05 | 20.79x |
| 2025-09-04 | 20.65x |
| 2025-09-03 | 21.21x |
| 2025-09-02 | 21.30x |
| 2025-08-29 | 21.34x |
Showing the most recent 260 of 5,029 data points. The chart above shows the full history.
