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 49.35x is 60% below its 5-year average of 122.87x, near the low end of its 5-year range (32.41x–228.57x).
As of Saturday, July 25, 2026. 17.70% below its 12-month average of 59.96x.
EV/EBITDA RATIO
49.35x
EV/EBITDA RATIO AVG TTM
59.96x
EV/EBITDA RATIO AVG 3Y
97.18x
EV/EBITDA RATIO AVG 5Y
118.17x
EV/EBITDA RATIO AVG 10Y
N/A
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-17.70%
CURRENT VS 3Y AVG
-49.22%
CURRENT VS 5Y AVG
-58.24%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
26.27x
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
+87.89%
vs the sector median at left
ServiceNow, Inc.
Market Cap
$102.12B
EV/EBITDA Ratio
49.35x
TTM Avg
59.96x
3Y Avg
97.18x
5Y Avg
118.17x
Market Cap
$99.97B
EV/EBITDA Ratio
21.93x
TTM Avg
21.24x
3Y Avg
20.80x
5Y Avg
21.50x
Market Cap
$93.11B
EV/EBITDA Ratio
N/A
TTM Avg
923.76x
3Y Avg
862.07x
5Y Avg
862.07x
Market Cap
$111.63B
EV/EBITDA Ratio
45.34x
TTM Avg
31.65x
3Y Avg
35.39x
5Y Avg
45.51x
Market Cap
$89.98B
EV/EBITDA Ratio
45.80x
TTM Avg
48.86x
3Y Avg
53.11x
5Y Avg
49.95x
Market Cap
$87.87B
EV/EBITDA Ratio
2404.79x
TTM Avg
2968.01x
3Y Avg
1831.24x
5Y Avg
2297.33x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ServiceNow, Inc. (NOW) | $102.12B | 49.35x | 59.96x | 97.18x | 118.17x |
| Automatic Data Processing, Inc. (ADP)vs › | $99.97B | 21.93x | 21.24x | 20.80x | 21.50x |
| Cloudflare, Inc. (NET)vs › | $93.11B | N/A | 923.76x | 862.07x | 862.07x |
| Snowflake Inc. (SNOW)vs › | $92.91B | N/A | N/A | N/A | N/A |
| Fortinet, Inc. (FTNT)vs › | $111.63B | 45.34x | 31.65x | 35.39x | 45.51x |
| Cadence Design Systems, Inc. (CDNS)vs › | $89.98B | 45.80x | 48.86x | 53.11x | 49.95x |
| Accenture plc (ACN)vs › | $89.95B | 7.02x | 11.32x | 16.78x | 17.98x |
| Adobe Inc. (ADBE)vs › | $89.48B | 9.41x | 13.39x | 24.49x | 27.52x |
| Datadog, Inc. (DDOG)vs › | $87.87B | 2404.79x | 2968.01x | 1831.24x | 2297.33x |
| Intuit Inc. (INTU)vs › | $81.06B | 12.76x | 25.49x | 35.60x | 38.17x |
At 49.4, EV/EBITDA is at an extreme level (the multiple carries little signal here), sitting higher than 6% of its 9-year history.
9-year low
32.4
median
160.2
9-year high
2487.3
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 |
|---|---|
| 2026-07-24 | 49.35x |
| 2026-07-23 | 45.95x |
| 2026-07-22 | 47.70x |
| 2026-07-21 | 39.03x |
| 2026-07-20 | 40.05x |
| 2026-07-17 | 39.49x |
| 2026-07-16 | 39.78x |
| 2026-07-15 | 40.06x |
| 2026-07-14 | 40.10x |
| 2026-07-13 | 42.56x |
| 2026-07-10 | 41.20x |
| 2026-07-09 | 41.63x |
| 2026-07-08 | 41.23x |
| 2026-07-07 | 42.36x |
| 2026-07-06 | 41.28x |
| 2026-07-02 | 40.67x |
| 2026-07-01 | 40.47x |
| 2026-06-30 | 37.97x |
| 2026-06-29 | 38.23x |
| 2026-06-26 | 37.61x |
| 2026-06-25 | 34.23x |
| 2026-06-24 | 35.87x |
| 2026-06-23 | 36.69x |
| 2026-06-22 | 35.56x |
| 2026-06-18 | 36.34x |
| 2026-06-17 | 36.51x |
| 2026-06-16 | 38.75x |
| 2026-06-15 | 39.84x |
| 2026-06-12 | 39.07x |
| 2026-06-11 | 39.42x |
| 2026-06-10 | 40.57x |
| 2026-06-09 | 40.92x |
| 2026-06-08 | 43.68x |
| 2026-06-05 | 43.02x |
| 2026-06-04 | 45.67x |
| 2026-06-03 | 45.11x |
| 2026-06-02 | 48.85x |
| 2026-06-01 | 51.99x |
| 2026-05-29 | 47.59x |
| 2026-05-28 | 41.59x |
| 2026-05-27 | 39.06x |
| 2026-05-26 | 38.21x |
| 2026-05-22 | 39.06x |
| 2026-05-21 | 38.13x |
| 2026-05-20 | 39.51x |
| 2026-05-19 | 38.95x |
| 2026-05-18 | 39.56x |
| 2026-05-15 | 36.35x |
| 2026-05-14 | 34.60x |
| 2026-05-13 | 33.28x |
| 2026-05-12 | 34.03x |
| 2026-05-11 | 34.98x |
| 2026-05-08 | 34.86x |
| 2026-05-07 | 35.79x |
| 2026-05-06 | 34.05x |
| 2026-05-05 | 35.18x |
| 2026-05-04 | 35.16x |
| 2026-05-01 | 34.85x |
| 2026-04-30 | 33.76x |
| 2026-04-29 | 33.98x |
| 2026-04-28 | 34.60x |
| 2026-04-27 | 34.58x |
| 2026-04-24 | 34.47x |
| 2026-04-23 | 32.41x |
| 2026-04-22 | 39.42x |
| 2026-04-21 | 40.72x |
| 2026-04-20 | 40.55x |
| 2026-04-17 | 39.30x |
| 2026-04-16 | 39.21x |
| 2026-04-15 | 38.29x |
| 2026-04-14 | 35.67x |
| 2026-04-13 | 36.19x |
| 2026-04-10 | 33.72x |
| 2026-04-09 | 36.50x |
| 2026-04-08 | 39.63x |
| 2026-04-07 | 40.89x |
| 2026-04-06 | 41.65x |
| 2026-04-02 | 41.48x |
| 2026-04-01 | 42.31x |
| 2026-03-31 | 42.52x |
| 2026-03-30 | 42.69x |
| 2026-03-27 | 40.42x |
| 2026-03-26 | 42.15x |
| 2026-03-25 | 41.91x |
| 2026-03-24 | 42.56x |
| 2026-03-23 | 45.14x |
| 2026-03-20 | 44.90x |
| 2026-03-19 | 46.09x |
| 2026-03-18 | 46.27x |
| 2026-03-17 | 47.50x |
| 2026-03-16 | 46.74x |
| 2026-03-13 | 46.23x |
| 2026-03-12 | 45.94x |
| 2026-03-11 | 47.05x |
| 2026-03-10 | 47.45x |
| 2026-03-09 | 49.62x |
| 2026-03-06 | 50.61x |
| 2026-03-05 | 48.99x |
| 2026-03-04 | 46.33x |
| 2026-03-03 | 46.05x |
| 2026-03-02 | 44.51x |
| 2026-02-27 | 43.94x |
| 2026-02-26 | 44.46x |
| 2026-02-25 | 42.39x |
| 2026-02-24 | 41.68x |
| 2026-02-23 | 40.99x |
| 2026-02-20 | 42.41x |
| 2026-02-19 | 43.67x |
| 2026-02-18 | 43.85x |
| 2026-02-17 | 43.08x |
| 2026-02-13 | 43.56x |
| 2026-02-12 | 42.01x |
| 2026-02-11 | 40.91x |
| 2026-02-10 | 43.31x |
| 2026-02-09 | 42.24x |
| 2026-02-06 | 40.96x |
| 2026-02-05 | 41.74x |
| 2026-02-04 | 45.19x |
| 2026-02-03 | 44.66x |
| 2026-02-02 | 48.02x |
| 2026-01-30 | 47.61x |
| 2026-01-29 | 47.50x |
| 2026-01-28 | 52.77x |
| 2026-01-27 | 56.70x |
| 2026-01-26 | 58.66x |
| 2026-01-23 | 57.27x |
| 2026-01-22 | 55.30x |
| 2026-01-21 | 53.90x |
| 2026-01-20 | 53.94x |
| 2026-01-16 | 54.76x |
| 2026-01-15 | 56.43x |
| 2026-01-14 | 57.91x |
| 2026-01-13 | 59.46x |
| 2026-01-12 | 61.38x |
| 2026-01-09 | 61.01x |
| 2026-01-08 | 62.91x |
| 2026-01-07 | 64.94x |
| 2026-01-06 | 64.04x |
| 2026-01-05 | 63.51x |
| 2026-01-02 | 63.45x |
| 2025-12-31 | 65.92x |
| 2025-12-30 | 66.37x |
| 2025-12-29 | 66.52x |
| 2025-12-26 | 66.23x |
| 2025-12-24 | 65.67x |
| 2025-12-23 | 66.43x |
| 2025-12-22 | 67.43x |
| 2025-12-19 | 66.84x |
| 2025-12-18 | 66.01x |
| 2025-12-17 | 67.34x |
| 2025-12-16 | 67.23x |
| 2025-12-15 | 65.86x |
| 2025-12-12 | 74.47x |
| 2025-12-11 | 74.68x |
| 2025-12-10 | 73.48x |
| 2025-12-09 | 73.60x |
| 2025-12-08 | 73.48x |
| 2025-12-05 | 73.55x |
| 2025-12-04 | 72.21x |
| 2025-12-03 | 71.70x |
| 2025-12-02 | 70.97x |
| 2025-12-01 | 70.76x |
| 2025-11-28 | 69.93x |
| 2025-11-26 | 69.09x |
| 2025-11-25 | 71.04x |
| 2025-11-24 | 70.23x |
| 2025-11-21 | 70.02x |
| 2025-11-20 | 68.90x |
| 2025-11-19 | 70.28x |
| 2025-11-18 | 70.41x |
| 2025-11-17 | 71.95x |
| 2025-11-14 | 73.21x |
| 2025-11-13 | 73.15x |
| 2025-11-12 | 74.39x |
| 2025-11-11 | 74.09x |
| 2025-11-10 | 74.58x |
| 2025-11-07 | 74.20x |
| 2025-11-06 | 73.93x |
| 2025-11-05 | 75.73x |
| 2025-11-04 | 76.41x |
| 2025-11-03 | 78.68x |
| 2025-10-31 | 79.15x |
| 2025-10-30 | 80.48x |
| 2025-10-29 | 78.49x |
| 2025-10-28 | 88.67x |
| 2025-10-27 | 89.46x |
| 2025-10-24 | 87.93x |
| 2025-10-23 | 88.79x |
| 2025-10-22 | 88.45x |
| 2025-10-21 | 89.01x |
| 2025-10-20 | 86.74x |
| 2025-10-17 | 85.41x |
| 2025-10-16 | 84.55x |
| 2025-10-15 | 85.36x |
| 2025-10-14 | 86.14x |
| 2025-10-13 | 87.32x |
| 2025-10-10 | 84.00x |
| 2025-10-09 | 86.77x |
| 2025-10-08 | 86.43x |
| 2025-10-07 | 85.47x |
| 2025-10-06 | 86.29x |
| 2025-10-03 | 86.24x |
| 2025-10-02 | 86.03x |
| 2025-10-01 | 86.25x |
| 2025-09-30 | 87.00x |
| 2025-09-29 | 88.95x |
| 2025-09-26 | 88.49x |
| 2025-09-25 | 86.84x |
| 2025-09-24 | 88.24x |
| 2025-09-23 | 87.69x |
| 2025-09-22 | 89.61x |
| 2025-09-19 | 90.87x |
| 2025-09-18 | 89.60x |
| 2025-09-17 | 89.85x |
| 2025-09-16 | 88.11x |
| 2025-09-15 | 89.57x |
| 2025-09-12 | 87.82x |
| 2025-09-11 | 88.70x |
| 2025-09-10 | 87.31x |
| 2025-09-09 | 88.26x |
| 2025-09-08 | 88.80x |
| 2025-09-05 | 86.38x |
| 2025-09-04 | 84.93x |
| 2025-09-03 | 86.91x |
| 2025-09-02 | 86.15x |
| 2025-08-29 | 86.73x |
| 2025-08-28 | 87.78x |
| 2025-08-27 | 83.93x |
| 2025-08-26 | 81.72x |
| 2025-08-25 | 83.17x |
| 2025-08-22 | 83.81x |
| 2025-08-21 | 82.88x |
| 2025-08-20 | 84.15x |
| 2025-08-19 | 83.82x |
| 2025-08-18 | 84.32x |
| 2025-08-15 | 81.96x |
| 2025-08-14 | 80.41x |
| 2025-08-13 | 81.55x |
| 2025-08-12 | 80.65x |
| 2025-08-11 | 80.93x |
| 2025-08-08 | 82.46x |
| 2025-08-07 | 82.61x |
| 2025-08-06 | 86.24x |
| 2025-08-05 | 85.55x |
| 2025-08-04 | 87.25x |
| 2025-08-01 | 86.43x |
| 2025-07-31 | 89.16x |
| 2025-07-30 | 92.42x |
| 2025-07-29 | 93.91x |
| 2025-07-28 | 93.21x |
| 2025-07-25 | 91.60x |
| 2025-07-24 | 94.20x |
| 2025-07-23 | 90.43x |
| 2025-07-22 | 97.72x |
| 2025-07-21 | 97.47x |
| 2025-07-18 | 97.83x |
| 2025-07-17 | 97.39x |
| 2025-07-16 | 98.19x |
| 2025-07-15 | 97.16x |
| 2025-07-14 | 97.66x |
Showing the most recent 260 of 2,151 data points. The chart above shows the full history.
