Basis: Current FMP quote-based enterprise value / matching reported total assets. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Assets ratio high or low?
The EV/Assets ratio of 2.54x is 18% above its estimated 5-year average of 2.16x, around the middle of its estimated 5-year range (1.39x–3.04x).
As of 2026-10-02T21:05:43.306Z. 7.31% below its estimated 12-month average of 2.74x.
Calculation as of: 2026-10-02T21:05:43.306Z.
Quote observation: 2026-10-02T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 0be53b889a34275f00216ff99dc3094d43fc397a65c15d72f0e0b892efd9cb96
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 2026-10-01.
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/ASSETS RATIO
2.54x
EV/ASSETS RATIO AVG TTM
2.74x
EV/ASSETS RATIO AVG 3Y
2.46x
EV/ASSETS RATIO AVG 5Y
2.16x
EV/ASSETS RATIO AVG 10Y
1.86x
EV/ASSETS RATIO AVG 15Y
1.63x
EV/ASSETS RATIO AVG 20Y
1.51x
CURRENT VS TTM AVG
-7.31%
CURRENT VS 3Y AVG
+3.29%
CURRENT VS 5Y AVG
+17.51%
CURRENT VS 10Y AVG
+36.84%
CURRENT VS 15Y AVG
+55.63%
CURRENT VS 20Y AVG
+67.82%
SECTOR MEDIAN · HEALTHCARE
1.94x
median of 98 covered companies
CURRENT VS SECTOR MEDIAN
+31.27%
vs the sector median at left
Market Cap
$242.11B
EV/Assets Ratio
2.48x
TTM Avg
2.22x
3Y Avg
2.30x
5Y Avg
2.50x
Market Cap
$337.74B
EV/Assets Ratio
1.23x
TTM Avg
1.19x
3Y Avg
1.53x
5Y Avg
1.75x
Market Cap
$179.47B
EV/Assets Ratio
4.10x
TTM Avg
3.30x
3Y Avg
2.62x
5Y Avg
2.27x
Market Cap
$168.71B
EV/Assets Ratio
1.80x
TTM Avg
2.19x
3Y Avg
2.60x
5Y Avg
2.67x
| NAME | MARKET CAP | EV/ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Novartis AG (NVS) | $268.00B | 2.54x | 2.74x | 2.46x | 2.16x |
| AstraZeneca PLC (AZN)vs › | $243.33B | 2.34x | 2.68x | 2.50x | 2.41x |
| Thermo Fisher Scientific Inc. (TMO)vs › | $242.11B | 2.48x | 2.22x | 2.30x | 2.50x |
| Amgen Inc. (AMGN)vs › | $217.52B | 2.73x | 2.59x | 2.36x | 2.39x |
| Roche Holding AG (RHHBY)vs › | $332.94B | 3.02x | 2.96x | 2.65x | 2.86x |
| UnitedHealth Group Incorporated (UNH)vs › | $337.74B | 1.23x | 1.19x | 1.53x | 1.75x |
| Merck & Co., Inc. (MRK)vs › | $356.40B | 3.11x | 2.50x | 2.58x | 2.57x |
| Gilead Sciences, Inc. (GILD)vs › | $179.47B | 4.10x | 3.30x | 2.62x | 2.27x |
| Abbott Laboratories (ABT)vs › | $168.71B | 1.80x | 2.19x | 2.60x | 2.67x |
| Novo Nordisk A/S (NVO)vs › | $165.72B | 1.99x | 2.67x | 17.63x | 30.10x |
EV/Assets compares enterprise value to total assets. It is useful for asset-heavy businesses and for comparing how much the market pays for each dollar of assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/ASSETS RATIO |
|---|---|
| 2026-10-01 | 2.55x |
| 2026-09-30 | 2.58x |
| 2026-09-29 | 2.62x |
| 2026-09-28 | 2.64x |
| 2026-09-25 | 2.62x |
| 2026-09-24 | 2.59x |
| 2026-09-23 | 2.58x |
| 2026-09-22 | 2.56x |
| 2026-09-21 | 2.55x |
| 2026-09-18 | 2.54x |
| 2026-09-17 | 2.55x |
| 2026-09-16 | 2.51x |
| 2026-09-15 | 2.51x |
| 2026-09-14 | 2.52x |
| 2026-09-11 | 2.49x |
| 2026-09-10 | 2.50x |
| 2026-09-09 | 2.50x |
| 2026-09-08 | 2.50x |
| 2026-09-04 | 2.85x |
| 2026-09-03 | 2.90x |
| 2026-09-02 | 2.89x |
| 2026-09-01 | 2.87x |
| 2026-08-31 | 2.72x |
| 2026-08-28 | 2.75x |
| 2026-08-27 | 2.76x |
| 2026-08-26 | 2.81x |
| 2026-08-25 | 2.85x |
| 2026-08-24 | 2.82x |
| 2026-08-21 | 2.83x |
| 2026-08-20 | 2.79x |
| 2026-08-19 | 2.85x |
| 2026-08-18 | 2.76x |
| 2026-08-17 | 2.72x |
| 2026-08-14 | 2.71x |
| 2026-08-13 | 2.72x |
| 2026-08-12 | 2.73x |
| 2026-08-11 | 2.76x |
| 2026-08-10 | 2.80x |
| 2026-08-07 | 2.79x |
| 2026-08-06 | 2.76x |
| 2026-08-05 | 2.76x |
| 2026-08-04 | 2.74x |
| 2026-08-03 | 2.75x |
| 2026-07-31 | 2.79x |
| 2026-07-30 | 2.82x |
| 2026-07-29 | 2.83x |
| 2026-07-28 | 2.85x |
| 2026-07-27 | 2.79x |
| 2026-07-24 | 2.77x |
| 2026-07-23 | 2.79x |
| 2026-07-22 | 2.74x |
| 2026-07-21 | 2.83x |
| 2026-07-20 | 2.76x |
| 2026-07-17 | 2.82x |
| 2026-07-16 | 2.81x |
| 2026-07-15 | 2.78x |
| 2026-07-14 | 2.77x |
| 2026-07-13 | 2.82x |
| 2026-07-10 | 2.83x |
| 2026-07-09 | 2.84x |
| 2026-07-08 | 2.85x |
| 2026-07-07 | 2.88x |
| 2026-07-06 | 2.85x |
| 2026-07-02 | 2.92x |
| 2026-07-01 | 2.83x |
| 2026-06-30 | 2.87x |
| 2026-06-29 | 2.89x |
| 2026-06-26 | 2.85x |
| 2026-06-25 | 2.85x |
| 2026-06-24 | 2.81x |
| 2026-06-23 | 2.82x |
| 2026-06-22 | 2.75x |
| 2026-06-18 | 2.72x |
| 2026-06-17 | 2.78x |
| 2026-06-16 | 2.78x |
| 2026-06-15 | 2.79x |
| 2026-06-12 | 2.81x |
| 2026-06-11 | 2.83x |
| 2026-06-10 | 2.73x |
| 2026-06-09 | 2.75x |
| 2026-06-08 | 2.71x |
| 2026-06-05 | 2.75x |
| 2026-06-04 | 2.74x |
| 2026-06-03 | 2.66x |
| 2026-06-02 | 2.66x |
| 2026-06-01 | 2.69x |
| 2026-05-29 | 2.77x |
| 2026-05-28 | 2.79x |
| 2026-05-27 | 2.78x |
| 2026-05-26 | 2.78x |
| 2026-05-22 | 2.80x |
| 2026-05-21 | 2.79x |
| 2026-05-20 | 2.77x |
| 2026-05-19 | 2.77x |
| 2026-05-18 | 2.75x |
| 2026-05-15 | 2.73x |
| 2026-05-14 | 2.76x |
| 2026-05-13 | 2.76x |
| 2026-05-12 | 2.73x |
| 2026-05-11 | 2.69x |
| 2026-05-08 | 2.70x |
| 2026-05-07 | 2.69x |
| 2026-05-06 | 2.74x |
| 2026-05-05 | 2.69x |
| 2026-05-04 | 2.68x |
| 2026-05-01 | 2.71x |
| 2026-04-30 | 2.73x |
| 2026-04-29 | 2.65x |
| 2026-04-28 | 2.65x |
| 2026-04-27 | 2.63x |
| 2026-04-24 | 2.65x |
| 2026-04-23 | 2.68x |
| 2026-04-22 | 2.68x |
| 2026-04-21 | 2.69x |
| 2026-04-20 | 2.74x |
| 2026-04-17 | 2.76x |
| 2026-04-16 | 2.72x |
| 2026-04-15 | 2.76x |
| 2026-04-14 | 2.78x |
| 2026-04-13 | 2.80x |
| 2026-04-10 | 2.79x |
| 2026-04-09 | 2.81x |
| 2026-04-08 | 2.80x |
| 2026-04-07 | 2.75x |
| 2026-04-06 | 2.77x |
| 2026-04-02 | 2.79x |
| 2026-04-01 | 2.81x |
| 2026-03-31 | 2.77x |
| 2026-03-30 | 2.73x |
| 2026-03-27 | 2.70x |
| 2026-03-26 | 2.72x |
| 2026-03-25 | 2.74x |
| 2026-03-24 | 2.70x |
| 2026-03-23 | 2.69x |
| 2026-03-20 | 2.66x |
| 2026-03-19 | 2.70x |
| 2026-03-18 | 2.72x |
| 2026-03-17 | 2.81x |
| 2026-03-16 | 2.81x |
| 2026-03-13 | 2.78x |
| 2026-03-12 | 2.80x |
| 2026-03-11 | 2.82x |
| 2026-03-10 | 2.92x |
| 2026-03-09 | 2.94x |
| 2026-03-06 | 2.89x |
| 2026-03-05 | 2.91x |
| 2026-03-04 | 2.98x |
| 2026-03-03 | 2.96x |
| 2026-03-02 | 3.01x |
| 2026-02-27 | 3.04x |
| 2026-02-26 | 2.98x |
| 2026-02-25 | 3.01x |
| 2026-02-24 | 3.01x |
| 2026-02-23 | 2.97x |
| 2026-02-20 | 2.94x |
| 2026-02-19 | 2.96x |
| 2026-02-18 | 2.98x |
| 2026-02-17 | 3.00x |
| 2026-02-13 | 2.94x |
| 2026-02-12 | 2.91x |
| 2026-02-11 | 2.89x |
| 2026-02-10 | 2.86x |
| 2026-02-09 | 2.84x |
| 2026-02-06 | 2.83x |
| 2026-02-05 | 2.79x |
| 2026-02-04 | 2.97x |
| 2026-02-03 | 2.92x |
| 2026-02-02 | 2.94x |
| 2026-01-30 | 2.90x |
| 2026-01-29 | 2.90x |
| 2026-01-28 | 2.88x |
| 2026-01-27 | 2.96x |
| 2026-01-26 | 2.91x |
| 2026-01-23 | 2.87x |
| 2026-01-22 | 2.83x |
| 2026-01-21 | 2.83x |
| 2026-01-20 | 2.81x |
| 2026-01-16 | 2.82x |
| 2026-01-15 | 2.80x |
| 2026-01-14 | 2.85x |
| 2026-01-13 | 2.77x |
| 2026-01-12 | 2.77x |
| 2026-01-09 | 2.77x |
| 2026-01-08 | 2.77x |
| 2026-01-07 | 2.78x |
| 2026-01-06 | 2.78x |
| 2026-01-05 | 2.70x |
| 2026-01-02 | 2.71x |
| 2025-12-31 | 2.70x |
| 2025-12-30 | 2.72x |
| 2025-12-29 | 2.73x |
| 2025-12-26 | 2.73x |
| 2025-12-24 | 2.72x |
| 2025-12-23 | 2.73x |
| 2025-12-22 | 2.68x |
| 2025-12-19 | 2.67x |
| 2025-12-18 | 2.66x |
| 2025-12-17 | 2.65x |
| 2025-12-16 | 2.65x |
| 2025-12-15 | 2.65x |
| 2025-12-12 | 2.61x |
| 2025-12-11 | 2.60x |
| 2025-12-10 | 2.58x |
| 2025-12-09 | 2.58x |
| 2025-12-08 | 2.56x |
| 2025-12-05 | 2.60x |
| 2025-12-04 | 2.60x |
| 2025-12-03 | 2.63x |
| 2025-12-02 | 2.60x |
| 2025-12-01 | 2.54x |
| 2025-11-28 | 2.57x |
| 2025-11-26 | 2.57x |
| 2025-11-25 | 2.56x |
| 2025-11-24 | 2.50x |
| 2025-11-21 | 2.51x |
| 2025-11-20 | 2.46x |
| 2025-11-19 | 2.51x |
| 2025-11-18 | 2.52x |
| 2025-11-17 | 2.59x |
| 2025-11-14 | 2.58x |
| 2025-11-13 | 2.59x |
| 2025-11-12 | 2.60x |
| 2025-11-11 | 2.57x |
| 2025-11-10 | 2.51x |
| 2025-11-07 | 2.49x |
| 2025-11-06 | 2.50x |
| 2025-11-05 | 2.48x |
| 2025-11-04 | 2.47x |
| 2025-11-03 | 2.45x |
| 2025-10-31 | 2.45x |
| 2025-10-30 | 2.43x |
| 2025-10-29 | 2.41x |
| 2025-10-28 | 2.57x |
| 2025-10-27 | 2.67x |
| 2025-10-24 | 2.70x |
| 2025-10-23 | 2.72x |
| 2025-10-22 | 2.72x |
| 2025-10-21 | 2.71x |
| 2025-10-20 | 2.72x |
| 2025-10-17 | 2.72x |
| 2025-10-16 | 2.70x |
| 2025-10-15 | 2.69x |
| 2025-10-14 | 2.69x |
| 2025-10-13 | 2.67x |
| 2025-10-10 | 2.69x |
| 2025-10-09 | 2.71x |
| 2025-10-08 | 2.73x |
| 2025-10-07 | 2.72x |
| 2025-10-06 | 2.73x |
| 2025-10-03 | 2.73x |
| 2025-10-02 | 2.71x |
| 2025-10-01 | 2.72x |
| 2025-09-30 | 2.66x |
| 2025-09-29 | 2.58x |
| 2025-09-26 | 2.57x |
| 2025-09-25 | 2.54x |
| 2025-09-24 | 2.56x |
| 2025-09-23 | 2.55x |
| 2025-09-22 | 2.56x |
| 2025-09-19 | 2.56x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
