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 16.33x is in line with its 5-year average of 17.70x, around the middle of its 5-year range (9.15x–23.53x).
As of Wednesday, August 12, 2026. 6.69% below its 12-month average of 17.50x.
EV/EBITDA RATIO
16.33x
EV/EBITDA RATIO AVG TTM
17.50x
EV/EBITDA RATIO AVG 3Y
18.49x
EV/EBITDA RATIO AVG 5Y
17.70x
EV/EBITDA RATIO AVG 10Y
15.63x
EV/EBITDA RATIO AVG 15Y
12.91x
EV/EBITDA RATIO AVG 20Y
11.90x
CURRENT VS TTM AVG
-6.69%
CURRENT VS 3Y AVG
-11.70%
CURRENT VS 5Y AVG
-7.73%
CURRENT VS 10Y AVG
+4.48%
CURRENT VS 15Y AVG
+26.45%
CURRENT VS 20Y AVG
+37.27%
SECTOR MEDIAN · INDUSTRIALS
18.00x
median of 123 covered companies
CURRENT VS SECTOR MEDIAN
-9.28%
vs the sector median at left
Northrop Grumman Corporation
Market Cap
$81.55B
EV/EBITDA Ratio
16.33x
TTM Avg
17.50x
3Y Avg
18.49x
5Y Avg
17.70x
Market Cap
$82.42B
EV/EBITDA Ratio
16.58x
TTM Avg
15.87x
3Y Avg
18.05x
5Y Avg
20.73x
Market Cap
$80.49B
EV/EBITDA Ratio
27.15x
TTM Avg
26.81x
3Y Avg
29.21x
5Y Avg
27.13x
Market Cap
$83.45B
EV/EBITDA Ratio
19.42x
TTM Avg
18.51x
3Y Avg
18.28x
5Y Avg
18.50x
Market Cap
$77.25B
EV/EBITDA Ratio
14.99x
TTM Avg
13.31x
3Y Avg
13.79x
5Y Avg
14.51x
Market Cap
$76.17B
EV/EBITDA Ratio
16.96x
TTM Avg
15.16x
3Y Avg
15.18x
5Y Avg
14.29x
Market Cap
$74.15B
EV/EBITDA Ratio
14.92x
TTM Avg
11.56x
3Y Avg
10.46x
5Y Avg
10.53x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northrop Grumman Corporation (NOC) | $81.55B | 16.33x | 17.50x | 18.49x | 17.70x |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $82.42B | 16.58x | 15.87x | 18.05x | 20.73x |
| Cintas Corporation (CTAS)vs › | $80.49B | 27.15x | 26.81x | 29.21x | 27.13x |
| Illinois Tool Works Inc. (ITW)vs › | $83.45B | 19.42x | 18.51x | 18.28x | 18.50x |
| FedEx Corporation (FDX)vs › | $78.98B | 10.08x | 9.11x | 8.46x | 8.19x |
| Canadian National Railway Company (CNI)vs › | $77.25B | 14.99x | 13.31x | 13.79x | 14.51x |
| Norfolk Southern Corporation (NSC)vs › | $76.17B | 16.96x | 15.16x | 15.18x | 14.29x |
| Cummins Inc. (CMI)vs › | $87.87B | 18.69x | 16.20x | 14.46x | 12.77x |
| Honeywell International Inc. (HON)vs › | $74.15B | 14.92x | 11.56x | 10.46x | 10.53x |
| United Parcel Service, Inc. (UPS)vs › | $89.44B | 10.77x | 9.28x | 10.21x | 10.76x |
At 16.3, EV/EBITDA is above its 20-year median — higher than 74% of readings in its 20-year history.
20-year low
3.8
median
12.3
20-year high
138.2
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 |
|---|---|
| 2026-08-12 | 16.33x |
| 2026-08-11 | 16.29x |
| 2026-08-10 | 16.34x |
| 2026-08-07 | 16.19x |
| 2026-08-06 | 16.10x |
| 2026-08-05 | 15.85x |
| 2026-08-04 | 15.71x |
| 2026-08-03 | 15.63x |
| 2026-07-31 | 15.49x |
| 2026-07-30 | 15.30x |
| 2026-07-29 | 15.31x |
| 2026-07-28 | 15.65x |
| 2026-07-27 | 15.61x |
| 2026-07-24 | 15.48x |
| 2026-07-23 | 15.27x |
| 2026-07-22 | 15.07x |
| 2026-07-21 | 14.76x |
| 2026-07-20 | 14.45x |
| 2026-07-17 | 14.40x |
| 2026-07-16 | 14.33x |
| 2026-07-15 | 14.48x |
| 2026-07-14 | 14.56x |
| 2026-07-13 | 14.86x |
| 2026-07-10 | 14.81x |
| 2026-07-09 | 14.64x |
| 2026-07-08 | 14.94x |
| 2026-07-07 | 15.03x |
| 2026-07-06 | 15.00x |
| 2026-07-02 | 15.03x |
| 2026-07-01 | 14.36x |
| 2026-06-30 | 14.12x |
| 2026-06-29 | 13.81x |
| 2026-06-26 | 13.90x |
| 2026-06-25 | 13.89x |
| 2026-06-24 | 13.97x |
| 2026-06-23 | 14.21x |
| 2026-06-22 | 14.07x |
| 2026-06-18 | 14.40x |
| 2026-06-17 | 15.05x |
| 2026-06-16 | 15.08x |
| 2026-06-15 | 14.93x |
| 2026-06-12 | 15.06x |
| 2026-06-11 | 15.11x |
| 2026-06-10 | 14.87x |
| 2026-06-09 | 15.02x |
| 2026-06-08 | 14.84x |
| 2026-06-05 | 14.92x |
| 2026-06-04 | 14.94x |
| 2026-06-03 | 14.50x |
| 2026-06-02 | 14.74x |
| 2026-06-01 | 14.80x |
| 2026-05-29 | 15.36x |
| 2026-05-28 | 15.26x |
| 2026-05-27 | 15.08x |
| 2026-05-26 | 15.21x |
| 2026-05-22 | 15.18x |
| 2026-05-21 | 15.09x |
| 2026-05-20 | 15.10x |
| 2026-05-19 | 15.20x |
| 2026-05-18 | 15.05x |
| 2026-05-15 | 14.84x |
| 2026-05-14 | 15.02x |
| 2026-05-13 | 15.09x |
| 2026-05-12 | 15.24x |
| 2026-05-11 | 15.01x |
| 2026-05-08 | 15.04x |
| 2026-05-07 | 15.10x |
| 2026-05-06 | 15.25x |
| 2026-05-05 | 15.25x |
| 2026-05-04 | 15.44x |
| 2026-05-01 | 15.47x |
| 2026-04-30 | 15.73x |
| 2026-04-29 | 15.57x |
| 2026-04-28 | 15.69x |
| 2026-04-27 | 15.63x |
| 2026-04-24 | 15.63x |
| 2026-04-23 | 15.92x |
| 2026-04-22 | 15.96x |
| 2026-04-21 | 16.45x |
| 2026-04-20 | 18.99x |
| 2026-04-17 | 19.19x |
| 2026-04-16 | 19.38x |
| 2026-04-15 | 19.53x |
| 2026-04-14 | 19.56x |
| 2026-04-13 | 19.59x |
| 2026-04-10 | 19.40x |
| 2026-04-09 | 19.82x |
| 2026-04-08 | 19.75x |
| 2026-04-07 | 19.82x |
| 2026-04-06 | 19.95x |
| 2026-04-02 | 20.12x |
| 2026-04-01 | 19.98x |
| 2026-03-31 | 19.62x |
| 2026-03-30 | 19.35x |
| 2026-03-27 | 19.54x |
| 2026-03-26 | 19.86x |
| 2026-03-25 | 19.84x |
| 2026-03-24 | 19.61x |
| 2026-03-23 | 19.56x |
| 2026-03-20 | 20.23x |
| 2026-03-19 | 20.41x |
| 2026-03-18 | 20.67x |
| 2026-03-17 | 20.65x |
| 2026-03-16 | 20.95x |
| 2026-03-13 | 20.89x |
| 2026-03-12 | 20.95x |
| 2026-03-11 | 20.88x |
| 2026-03-10 | 20.93x |
| 2026-03-09 | 21.23x |
| 2026-03-06 | 21.45x |
| 2026-03-05 | 21.05x |
| 2026-03-04 | 21.39x |
| 2026-03-03 | 21.53x |
| 2026-03-02 | 21.75x |
| 2026-02-27 | 20.66x |
| 2026-02-26 | 20.33x |
| 2026-02-25 | 20.15x |
| 2026-02-24 | 20.75x |
| 2026-02-23 | 20.69x |
| 2026-02-20 | 20.64x |
| 2026-02-19 | 20.97x |
| 2026-02-18 | 20.67x |
| 2026-02-17 | 20.08x |
| 2026-02-13 | 20.12x |
| 2026-02-12 | 19.93x |
| 2026-02-11 | 19.53x |
| 2026-02-10 | 19.68x |
| 2026-02-09 | 20.01x |
| 2026-02-06 | 20.28x |
| 2026-02-05 | 19.97x |
| 2026-02-04 | 19.80x |
| 2026-02-03 | 20.18x |
| 2026-02-02 | 19.68x |
| 2026-01-30 | 19.86x |
| 2026-01-29 | 19.94x |
| 2026-01-28 | 19.79x |
| 2026-01-27 | 19.53x |
| 2026-01-26 | 19.31x |
| 2026-01-23 | 19.61x |
| 2026-01-22 | 19.55x |
| 2026-01-21 | 19.39x |
| 2026-01-20 | 19.22x |
| 2026-01-16 | 19.46x |
| 2026-01-15 | 19.15x |
| 2026-01-14 | 19.12x |
| 2026-01-13 | 18.44x |
| 2026-01-12 | 18.53x |
| 2026-01-09 | 18.27x |
| 2026-01-08 | 17.58x |
| 2026-01-07 | 17.24x |
| 2026-01-06 | 18.07x |
| 2026-01-05 | 18.08x |
| 2026-01-02 | 17.45x |
| 2025-12-31 | 17.07x |
| 2025-12-30 | 17.18x |
| 2025-12-29 | 17.26x |
| 2025-12-26 | 17.25x |
| 2025-12-24 | 17.37x |
| 2025-12-23 | 17.31x |
| 2025-12-22 | 17.43x |
| 2025-12-19 | 17.03x |
| 2025-12-18 | 16.81x |
| 2025-12-17 | 16.92x |
| 2025-12-16 | 17.03x |
| 2025-12-15 | 17.21x |
| 2025-12-12 | 17.06x |
| 2025-12-11 | 16.82x |
| 2025-12-10 | 16.70x |
| 2025-12-09 | 16.59x |
| 2025-12-08 | 16.66x |
| 2025-12-05 | 16.54x |
| 2025-12-04 | 16.64x |
| 2025-12-03 | 16.65x |
| 2025-12-02 | 16.50x |
| 2025-12-01 | 16.46x |
| 2025-11-28 | 17.12x |
| 2025-11-26 | 16.99x |
| 2025-11-25 | 17.05x |
| 2025-11-24 | 16.95x |
| 2025-11-21 | 16.98x |
| 2025-11-20 | 17.00x |
| 2025-11-19 | 16.94x |
| 2025-11-18 | 16.98x |
| 2025-11-17 | 16.89x |
| 2025-11-14 | 16.77x |
| 2025-11-13 | 16.77x |
| 2025-11-12 | 16.78x |
| 2025-11-11 | 16.98x |
| 2025-11-10 | 16.89x |
| 2025-11-07 | 17.03x |
| 2025-11-06 | 17.11x |
| 2025-11-05 | 17.08x |
| 2025-11-04 | 17.24x |
| 2025-11-03 | 17.20x |
| 2025-10-31 | 17.40x |
| 2025-10-30 | 17.28x |
| 2025-10-29 | 17.43x |
| 2025-10-28 | 17.68x |
| 2025-10-27 | 17.71x |
| 2025-10-24 | 17.94x |
| 2025-10-23 | 17.95x |
| 2025-10-22 | 17.72x |
| 2025-10-21 | 17.79x |
| 2025-10-20 | 18.46x |
| 2025-10-17 | 18.27x |
| 2025-10-16 | 18.39x |
| 2025-10-15 | 18.64x |
| 2025-10-14 | 19.10x |
| 2025-10-13 | 18.89x |
| 2025-10-10 | 19.01x |
| 2025-10-09 | 19.31x |
| 2025-10-08 | 19.38x |
| 2025-10-07 | 18.96x |
| 2025-10-06 | 18.88x |
| 2025-10-03 | 18.66x |
| 2025-10-02 | 18.54x |
| 2025-10-01 | 18.55x |
| 2025-09-30 | 18.65x |
| 2025-09-29 | 18.26x |
| 2025-09-26 | 18.27x |
| 2025-09-25 | 18.05x |
| 2025-09-24 | 18.06x |
| 2025-09-23 | 17.83x |
| 2025-09-22 | 17.80x |
| 2025-09-19 | 17.72x |
| 2025-09-18 | 17.74x |
| 2025-09-17 | 17.83x |
| 2025-09-16 | 17.88x |
| 2025-09-15 | 17.76x |
| 2025-09-12 | 17.80x |
| 2025-09-11 | 17.98x |
| 2025-09-10 | 17.90x |
| 2025-09-09 | 17.69x |
| 2025-09-08 | 17.95x |
| 2025-09-05 | 17.92x |
| 2025-09-04 | 17.89x |
| 2025-09-03 | 17.93x |
| 2025-09-02 | 18.14x |
| 2025-08-29 | 18.16x |
| 2025-08-28 | 18.10x |
| 2025-08-27 | 18.07x |
| 2025-08-26 | 18.23x |
| 2025-08-25 | 18.07x |
| 2025-08-22 | 18.22x |
| 2025-08-21 | 18.34x |
| 2025-08-20 | 18.22x |
| 2025-08-19 | 18.06x |
| 2025-08-18 | 18.02x |
| 2025-08-15 | 18.00x |
| 2025-08-14 | 18.00x |
| 2025-08-13 | 17.95x |
| 2025-08-12 | 17.92x |
| 2025-08-11 | 17.91x |
| 2025-08-08 | 17.93x |
| 2025-08-07 | 18.09x |
| 2025-08-06 | 18.14x |
| 2025-08-05 | 18.15x |
| 2025-08-04 | 18.15x |
| 2025-08-01 | 18.07x |
| 2025-07-31 | 17.81x |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.
