Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
The EV/EBITDA ratio is 21.10x as of Saturday, July 25, 2026.
EV/EBITDA RATIO
21.10x
EV/EBITDA RATIO AVG TTM
18.56x
EV/EBITDA RATIO AVG 3Y
17.41x
EV/EBITDA RATIO AVG 5Y
19.27x
EV/EBITDA RATIO AVG 10Y
20.01x
EV/EBITDA RATIO AVG 15Y
19.78x
EV/EBITDA RATIO AVG 20Y
18.45x
CURRENT VS TTM AVG
+13.66%
CURRENT VS 3Y AVG
+21.23%
CURRENT VS 5Y AVG
+9.48%
CURRENT VS 10Y AVG
+5.44%
CURRENT VS 15Y AVG
+6.67%
CURRENT VS 20Y AVG
+14.37%
SECTOR MEDIAN · REAL ESTATE
19.15x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+10.18%
vs the sector median at left
Realty Income Corporation
Market Cap
$61.17B
EV/EBITDA Ratio
21.10x
TTM Avg
18.56x
3Y Avg
17.41x
5Y Avg
19.27x
Market Cap
$73.65B
EV/EBITDA Ratio
27.63x
TTM Avg
29.51x
3Y Avg
29.66x
5Y Avg
27.61x
Market Cap
$74.51B
EV/EBITDA Ratio
21.46x
TTM Avg
19.23x
3Y Avg
18.00x
5Y Avg
17.87x
Market Cap
$77.65B
EV/EBITDA Ratio
17.68x
TTM Avg
18.99x
3Y Avg
20.63x
5Y Avg
23.43x
Market Cap
$38.18B
EV/EBITDA Ratio
24.80x
TTM Avg
22.78x
3Y Avg
22.64x
5Y Avg
19.85x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Realty Income Corporation (O) | $61.17B | 21.10x | 18.56x | 17.41x | 19.27x |
| Public Storage (PSA)vs › | $56.62B | 18.26x | 17.05x | 17.85x | 20.42x |
| Ventas, Inc. (VTR)vs › | $48.87B | 27.28x | 23.07x | 20.44x | 19.95x |
| Digital Realty Trust, Inc. (DLR)vs › | $73.65B | 27.63x | 29.51x | 29.66x | 27.61x |
| Simon Property Group, Inc. (SPG)vs › | $74.51B | 21.46x | 19.23x | 18.00x | 17.87x |
| American Tower Corporation (AMT)vs › | $77.65B | 17.68x | 18.99x | 20.63x | 23.43x |
| CBRE Group, Inc. (CBRE)vs › | $40.84B | 21.02x | 22.67x | 20.96x | 18.42x |
| Iron Mountain Incorporated (IRM)vs › | $38.18B | 24.80x | 22.78x | 22.64x | 19.85x |
| Crown Castle Inc. (CCI)vs › | $32.73B | 20.50x | 23.48x | 19.86x | 22.39x |
| Extra Space Storage Inc. (EXR)vs › | $31.21B | 21.18x | 20.29x | 21.93x | 23.53x |
At 21.1, EV/EBITDA is richer than usual, sitting higher than 78% of its 20-year history.
20-year low
9.3
median
18.6
20-year high
32.5
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 | 21.10x |
| 2026-07-23 | 20.91x |
| 2026-07-22 | 20.98x |
| 2026-07-21 | 20.97x |
| 2026-07-20 | 21.01x |
| 2026-07-17 | 21.12x |
| 2026-07-16 | 21.13x |
| 2026-07-15 | 20.60x |
| 2026-07-14 | 20.71x |
| 2026-07-13 | 20.79x |
| 2026-07-10 | 20.61x |
| 2026-07-09 | 20.58x |
| 2026-07-08 | 20.59x |
| 2026-07-07 | 20.76x |
| 2026-07-06 | 20.58x |
| 2026-07-02 | 20.72x |
| 2026-07-01 | 20.29x |
| 2026-06-30 | 20.32x |
| 2026-06-29 | 20.55x |
| 2026-06-26 | 20.57x |
| 2026-06-25 | 20.34x |
| 2026-06-24 | 20.33x |
| 2026-06-23 | 20.23x |
| 2026-06-22 | 20.02x |
| 2026-06-18 | 19.95x |
| 2026-06-17 | 20.02x |
| 2026-06-16 | 20.36x |
| 2026-06-15 | 20.36x |
| 2026-06-12 | 20.48x |
| 2026-06-11 | 20.31x |
| 2026-06-10 | 20.35x |
| 2026-06-09 | 20.17x |
| 2026-06-08 | 19.90x |
| 2026-06-05 | 20.08x |
| 2026-06-04 | 19.85x |
| 2026-06-03 | 19.84x |
| 2026-06-02 | 19.88x |
| 2026-06-01 | 19.80x |
| 2026-05-29 | 20.17x |
| 2026-05-28 | 20.26x |
| 2026-05-27 | 20.37x |
| 2026-05-26 | 20.42x |
| 2026-05-22 | 20.33x |
| 2026-05-21 | 20.38x |
| 2026-05-20 | 20.38x |
| 2026-05-19 | 20.35x |
| 2026-05-18 | 20.27x |
| 2026-05-15 | 20.14x |
| 2026-05-14 | 20.32x |
| 2026-05-13 | 20.23x |
| 2026-05-12 | 20.44x |
| 2026-05-11 | 20.41x |
| 2026-05-08 | 20.31x |
| 2026-05-07 | 20.28x |
| 2026-05-06 | 20.76x |
| 2026-05-05 | 21.94x |
| 2026-05-04 | 21.91x |
| 2026-05-01 | 21.99x |
| 2026-04-30 | 22.09x |
| 2026-04-29 | 21.88x |
| 2026-04-28 | 21.93x |
| 2026-04-27 | 21.76x |
| 2026-04-24 | 21.89x |
| 2026-04-23 | 22.05x |
| 2026-04-22 | 21.89x |
| 2026-04-21 | 22.03x |
| 2026-04-20 | 22.24x |
| 2026-04-17 | 22.27x |
| 2026-04-16 | 22.18x |
| 2026-04-15 | 22.03x |
| 2026-04-14 | 21.99x |
| 2026-04-13 | 21.88x |
| 2026-04-10 | 21.98x |
| 2026-04-09 | 21.86x |
| 2026-04-08 | 21.77x |
| 2026-04-07 | 21.64x |
| 2026-04-06 | 21.56x |
| 2026-04-02 | 21.64x |
| 2026-04-01 | 21.57x |
| 2026-03-31 | 21.41x |
| 2026-03-30 | 21.41x |
| 2026-03-27 | 21.30x |
| 2026-03-26 | 21.21x |
| 2026-03-25 | 21.16x |
| 2026-03-24 | 21.25x |
| 2026-03-23 | 21.34x |
| 2026-03-20 | 21.36x |
| 2026-03-19 | 21.73x |
| 2026-03-18 | 21.82x |
| 2026-03-17 | 22.05x |
| 2026-03-16 | 22.24x |
| 2026-03-13 | 22.13x |
| 2026-03-12 | 22.26x |
| 2026-03-11 | 22.19x |
| 2026-03-10 | 22.23x |
| 2026-03-09 | 22.24x |
| 2026-03-06 | 22.25x |
| 2026-03-05 | 22.21x |
| 2026-03-04 | 22.48x |
| 2026-03-03 | 22.60x |
| 2026-03-02 | 22.82x |
| 2026-02-27 | 22.70x |
| 2026-02-26 | 22.61x |
| 2026-02-25 | 22.47x |
| 2026-02-24 | 22.59x |
| 2026-02-23 | 22.63x |
| 2026-02-20 | 22.51x |
| 2026-02-19 | 22.37x |
| 2026-02-18 | 17.67x |
| 2026-02-17 | 17.93x |
| 2026-02-13 | 17.77x |
| 2026-02-12 | 17.61x |
| 2026-02-11 | 17.56x |
| 2026-02-10 | 17.45x |
| 2026-02-09 | 17.30x |
| 2026-02-06 | 17.33x |
| 2026-02-05 | 17.35x |
| 2026-02-04 | 17.19x |
| 2026-02-03 | 17.00x |
| 2026-02-02 | 16.83x |
| 2026-01-30 | 16.95x |
| 2026-01-29 | 16.88x |
| 2026-01-28 | 16.75x |
| 2026-01-27 | 16.90x |
| 2026-01-26 | 16.81x |
| 2026-01-23 | 16.87x |
| 2026-01-22 | 16.89x |
| 2026-01-21 | 17.06x |
| 2026-01-20 | 17.03x |
| 2026-01-16 | 17.00x |
| 2026-01-15 | 16.87x |
| 2026-01-14 | 16.79x |
| 2026-01-13 | 16.59x |
| 2026-01-12 | 16.53x |
| 2026-01-09 | 16.40x |
| 2026-01-08 | 16.42x |
| 2026-01-07 | 16.25x |
| 2026-01-06 | 16.26x |
| 2026-01-05 | 16.34x |
| 2026-01-02 | 16.24x |
| 2025-12-31 | 16.07x |
| 2025-12-30 | 16.19x |
| 2025-12-29 | 16.15x |
| 2025-12-26 | 16.13x |
| 2025-12-24 | 16.12x |
| 2025-12-23 | 15.99x |
| 2025-12-22 | 16.12x |
| 2025-12-19 | 16.06x |
| 2025-12-18 | 16.14x |
| 2025-12-17 | 16.32x |
| 2025-12-16 | 16.26x |
| 2025-12-15 | 16.38x |
| 2025-12-12 | 16.32x |
| 2025-12-11 | 16.22x |
| 2025-12-10 | 16.12x |
| 2025-12-09 | 16.19x |
| 2025-12-08 | 16.24x |
| 2025-12-05 | 16.46x |
| 2025-12-04 | 16.41x |
| 2025-12-03 | 16.38x |
| 2025-12-02 | 16.28x |
| 2025-12-01 | 16.26x |
| 2025-11-28 | 16.30x |
| 2025-11-26 | 16.21x |
| 2025-11-25 | 16.13x |
| 2025-11-24 | 16.09x |
| 2025-11-21 | 16.12x |
| 2025-11-20 | 16.05x |
| 2025-11-19 | 16.13x |
| 2025-11-18 | 16.25x |
| 2025-11-17 | 16.18x |
| 2025-11-14 | 16.15x |
| 2025-11-13 | 16.11x |
| 2025-11-12 | 16.17x |
| 2025-11-11 | 16.21x |
| 2025-11-10 | 16.07x |
| 2025-11-07 | 16.16x |
| 2025-11-06 | 16.06x |
| 2025-11-05 | 16.02x |
| 2025-11-04 | 16.03x |
| 2025-11-03 | 16.40x |
| 2025-10-31 | 16.51x |
| 2025-10-30 | 16.50x |
| 2025-10-29 | 16.58x |
| 2025-10-28 | 16.74x |
| 2025-10-27 | 16.96x |
| 2025-10-24 | 16.88x |
| 2025-10-23 | 16.93x |
| 2025-10-22 | 16.93x |
| 2025-10-21 | 16.89x |
| 2025-10-20 | 17.00x |
| 2025-10-17 | 16.87x |
| 2025-10-16 | 16.75x |
| 2025-10-15 | 16.78x |
| 2025-10-14 | 16.67x |
| 2025-10-13 | 16.65x |
| 2025-10-10 | 16.56x |
| 2025-10-09 | 16.64x |
| 2025-10-08 | 16.70x |
| 2025-10-07 | 16.82x |
| 2025-10-06 | 16.87x |
| 2025-10-03 | 16.96x |
| 2025-10-02 | 16.90x |
| 2025-10-01 | 16.97x |
| 2025-09-30 | 17.03x |
| 2025-09-29 | 16.99x |
| 2025-09-26 | 16.94x |
| 2025-09-25 | 16.85x |
| 2025-09-24 | 16.88x |
| 2025-09-23 | 16.80x |
| 2025-09-22 | 16.71x |
| 2025-09-19 | 16.73x |
| 2025-09-18 | 16.72x |
| 2025-09-17 | 16.83x |
| 2025-09-16 | 16.88x |
| 2025-09-15 | 16.93x |
| 2025-09-12 | 16.96x |
| 2025-09-11 | 16.91x |
| 2025-09-10 | 16.78x |
| 2025-09-09 | 16.79x |
| 2025-09-08 | 16.72x |
| 2025-09-05 | 16.75x |
| 2025-09-04 | 16.57x |
| 2025-09-03 | 16.50x |
| 2025-09-02 | 16.47x |
| 2025-08-29 | 16.65x |
| 2025-08-28 | 16.54x |
| 2025-08-27 | 16.62x |
| 2025-08-26 | 16.54x |
| 2025-08-25 | 16.55x |
| 2025-08-22 | 16.68x |
| 2025-08-21 | 16.81x |
| 2025-08-20 | 16.87x |
| 2025-08-19 | 16.70x |
| 2025-08-18 | 16.49x |
| 2025-08-15 | 16.60x |
| 2025-08-14 | 16.48x |
| 2025-08-13 | 16.49x |
| 2025-08-12 | 16.45x |
| 2025-08-11 | 16.40x |
| 2025-08-08 | 16.41x |
| 2025-08-07 | 16.35x |
| 2025-08-06 | 16.31x |
| 2025-08-05 | 16.28x |
| 2025-08-04 | 16.33x |
| 2025-08-01 | 16.17x |
| 2025-07-31 | 16.08x |
| 2025-07-30 | 16.21x |
| 2025-07-29 | 16.31x |
| 2025-07-28 | 16.22x |
| 2025-07-25 | 16.41x |
| 2025-07-24 | 16.43x |
| 2025-07-23 | 16.41x |
| 2025-07-22 | 16.40x |
| 2025-07-21 | 16.13x |
| 2025-07-18 | 16.15x |
| 2025-07-17 | 16.13x |
| 2025-07-16 | 16.21x |
| 2025-07-15 | 16.18x |
| 2025-07-14 | 16.56x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
