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 439.83x is 175% above its estimated 4-year average of 159.78x, near the low end of its estimated 4-year range (68.23x–3026.76x).
As of 2026-09-16T00:15:57.601Z. 208.45% above its estimated 12-month average of 142.59x.
Calculation as of: 2026-09-16T00:15:57.601Z.
Quote observation: 2026-09-15T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 9d61a3146828b101768a5b90b07d2be2fa04144238d3d6199d3e3833889cb7c9
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
439.83x
EV/EBIT RATIO AVG TTM
142.59x
EV/EBIT RATIO AVG 3Y
158.97x
EV/EBIT RATIO AVG 5Y
159.78x
EV/EBIT RATIO AVG 10Y
159.78x
EV/EBIT RATIO AVG 15Y
161.43x
EV/EBIT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+208.45%
CURRENT VS 3Y AVG
+176.67%
CURRENT VS 5Y AVG
+175.27%
CURRENT VS 10Y AVG
+175.27%
CURRENT VS 15Y AVG
+172.46%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
31.38x
median of 151 covered companies
CURRENT VS SECTOR MEDIAN
+1301.63%
vs the sector median at left
Palo Alto Networks, Inc.
Market Cap
$305.70B
EV/EBIT Ratio
439.83x
TTM Avg
142.59x
3Y Avg
158.97x
5Y Avg
159.78x
Market Cap
$334.39B
EV/EBIT Ratio
35.58x
TTM Avg
35.09x
3Y Avg
24.29x
5Y Avg
20.47x
Market Cap
$338.74B
EV/EBIT Ratio
41.13x
TTM Avg
42.53x
3Y Avg
30.28x
5Y Avg
23.77x
Market Cap
$258.27B
EV/EBIT Ratio
286.66x
TTM Avg
237.62x
3Y Avg
630.79x
5Y Avg
630.79x
Market Cap
$361.03B
EV/EBIT Ratio
26.75x
TTM Avg
20.55x
3Y Avg
18.92x
5Y Avg
16.33x
Market Cap
$246.92B
EV/EBIT Ratio
N/A
TTM Avg
2209.54x
3Y Avg
2209.54x
5Y Avg
2209.54x
Market Cap
$242.82B
EV/EBIT Ratio
52.90x
TTM Avg
49.17x
3Y Avg
43.42x
5Y Avg
39.96x
Market Cap
$240.58B
EV/EBIT Ratio
34.60x
TTM Avg
34.70x
3Y Avg
30.52x
5Y Avg
25.49x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palo Alto Networks, Inc. (PANW) | $305.70B | 439.83x | 142.59x | 158.97x | 159.78x |
| Applied Materials, Inc. (AMAT)vs › | $334.39B | 35.58x | 35.09x | 24.29x | 20.47x |
| Lam Research Corporation (LRCX)vs › | $338.74B | 41.13x | 42.53x | 30.28x | 23.77x |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $258.27B | 286.66x | 237.62x | 630.79x | 630.79x |
| SAP SE (SAP)vs › | $251.31B | 21.10x | 22.12x | 32.95x | 29.38x |
| Dell Technologies Inc. (DELL)vs › | $361.03B | 26.75x | 20.55x | 18.92x | 16.33x |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $246.92B | N/A | 2209.54x | 2209.54x | 2209.54x |
| Arista Networks, Inc. (ANET)vs › | $242.82B | 52.90x | 49.17x | 43.42x | 39.96x |
| Texas Instruments Incorporated (TXN)vs › | $240.58B | 34.60x | 34.70x | 30.52x | 25.49x |
| International Business Machines Corporation (IBM)vs › | $234.00B | 23.67x | 26.02x | 24.97x | 23.67x |
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 | 363.46x |
| 2026-09-10 | 372.08x |
| 2026-09-09 | 368.35x |
| 2026-09-08 | 370.42x |
| 2026-09-04 | 366.33x |
| 2026-09-03 | 364.88x |
| 2026-09-02 | 361.07x |
| 2026-09-01 | 263.00x |
| 2026-08-31 | 277.57x |
| 2026-08-28 | 269.91x |
| 2026-08-27 | 278.10x |
| 2026-08-26 | 246.44x |
| 2026-08-25 | 246.87x |
| 2026-08-24 | 254.86x |
| 2026-08-21 | 259.93x |
| 2026-08-20 | 253.89x |
| 2026-08-19 | 261.31x |
| 2026-08-18 | 271.76x |
| 2026-08-17 | 272.94x |
| 2026-08-14 | 279.13x |
| 2026-08-13 | 287.66x |
| 2026-08-12 | 281.12x |
| 2026-08-11 | 278.79x |
| 2026-08-10 | 279.69x |
| 2026-08-07 | 264.29x |
| 2026-08-06 | 261.11x |
| 2026-08-05 | 263.41x |
| 2026-08-04 | 266.09x |
| 2026-08-03 | 252.12x |
| 2026-07-31 | 241.00x |
| 2026-07-30 | 236.53x |
| 2026-07-29 | 228.14x |
| 2026-07-28 | 231.67x |
| 2026-07-27 | 230.45x |
| 2026-07-24 | 235.15x |
| 2026-07-23 | 236.49x |
| 2026-07-22 | 243.51x |
| 2026-07-21 | 248.50x |
| 2026-07-20 | 253.23x |
| 2026-07-17 | 260.52x |
| 2026-07-16 | 257.11x |
| 2026-07-15 | 257.13x |
| 2026-07-14 | 256.31x |
| 2026-07-13 | 239.88x |
| 2026-07-10 | 236.69x |
| 2026-07-09 | 245.71x |
| 2026-07-08 | 232.82x |
| 2026-07-07 | 244.79x |
| 2026-07-06 | 259.68x |
| 2026-07-02 | 252.80x |
| 2026-07-01 | 255.69x |
| 2026-06-30 | 247.68x |
| 2026-06-29 | 241.12x |
| 2026-06-26 | 220.91x |
| 2026-06-25 | 212.83x |
| 2026-06-24 | 207.13x |
| 2026-06-23 | 211.25x |
| 2026-06-22 | 207.96x |
| 2026-06-18 | 208.97x |
| 2026-06-17 | 204.86x |
| 2026-06-16 | 203.24x |
| 2026-06-15 | 206.61x |
| 2026-06-12 | 203.03x |
| 2026-06-11 | 202.97x |
| 2026-06-10 | 191.11x |
| 2026-06-09 | 189.15x |
| 2026-06-08 | 193.37x |
| 2026-06-05 | 197.53x |
| 2026-06-04 | 202.76x |
| 2026-06-03 | 203.62x |
| 2026-06-02 | 146.04x |
| 2026-06-01 | 147.69x |
| 2026-05-29 | 138.29x |
| 2026-05-28 | 126.32x |
| 2026-05-27 | 121.67x |
| 2026-05-26 | 125.81x |
| 2026-05-22 | 127.72x |
| 2026-05-21 | 123.89x |
| 2026-05-20 | 120.76x |
| 2026-05-19 | 117.49x |
| 2026-05-18 | 121.21x |
| 2026-05-15 | 118.84x |
| 2026-05-14 | 116.53x |
| 2026-05-13 | 111.32x |
| 2026-05-12 | 105.22x |
| 2026-05-11 | 104.25x |
| 2026-05-08 | 101.36x |
| 2026-05-07 | 95.68x |
| 2026-05-06 | 89.25x |
| 2026-05-05 | 89.40x |
| 2026-05-04 | 89.69x |
| 2026-05-01 | 87.95x |
| 2026-04-30 | 87.07x |
| 2026-04-29 | 88.18x |
| 2026-04-28 | 87.90x |
| 2026-04-27 | 88.86x |
| 2026-04-24 | 86.68x |
| 2026-04-23 | 84.01x |
| 2026-04-22 | 88.01x |
| 2026-04-21 | 84.88x |
| 2026-04-20 | 82.18x |
| 2026-04-17 | 81.33x |
| 2026-04-16 | 80.89x |
| 2026-04-15 | 79.46x |
| 2026-04-14 | 78.19x |
| 2026-04-13 | 78.66x |
| 2026-04-10 | 75.26x |
| 2026-04-09 | 80.90x |
| 2026-04-08 | 84.29x |
| 2026-04-07 | 82.34x |
| 2026-04-06 | 78.37x |
| 2026-04-02 | 79.01x |
| 2026-04-01 | 77.73x |
| 2026-03-31 | 77.56x |
| 2026-03-30 | 74.57x |
| 2026-03-27 | 70.90x |
| 2026-03-26 | 75.58x |
| 2026-03-25 | 74.01x |
| 2026-03-24 | 76.00x |
| 2026-03-23 | 79.43x |
| 2026-03-20 | 78.88x |
| 2026-03-19 | 82.27x |
| 2026-03-18 | 81.86x |
| 2026-03-17 | 82.00x |
| 2026-03-16 | 81.13x |
| 2026-03-13 | 80.91x |
| 2026-03-12 | 81.46x |
| 2026-03-11 | 79.87x |
| 2026-03-10 | 80.19x |
| 2026-03-09 | 79.95x |
| 2026-03-06 | 79.93x |
| 2026-03-05 | 78.98x |
| 2026-03-04 | 76.68x |
| 2026-03-03 | 75.44x |
| 2026-03-02 | 72.47x |
| 2026-02-27 | 71.86x |
| 2026-02-26 | 72.10x |
| 2026-02-25 | 69.81x |
| 2026-02-24 | 68.23x |
| 2026-02-23 | 69.46x |
| 2026-02-20 | 71.75x |
| 2026-02-19 | 72.89x |
| 2026-02-18 | 73.57x |
| 2026-02-17 | 89.73x |
| 2026-02-13 | 91.66x |
| 2026-02-12 | 89.34x |
| 2026-02-11 | 90.73x |
| 2026-02-10 | 90.85x |
| 2026-02-09 | 91.13x |
| 2026-02-06 | 87.38x |
| 2026-02-05 | 84.83x |
| 2026-02-04 | 91.53x |
| 2026-02-03 | 91.26x |
| 2026-02-02 | 96.40x |
| 2026-01-30 | 97.27x |
| 2026-01-29 | 96.84x |
| 2026-01-28 | 101.07x |
| 2026-01-27 | 100.93x |
| 2026-01-26 | 101.33x |
| 2026-01-23 | 99.07x |
| 2026-01-22 | 100.24x |
| 2026-01-21 | 99.79x |
| 2026-01-20 | 101.25x |
| 2026-01-16 | 103.26x |
| 2026-01-15 | 103.30x |
| 2026-01-14 | 105.09x |
| 2026-01-13 | 105.05x |
| 2026-01-12 | 103.95x |
| 2026-01-09 | 104.02x |
| 2026-01-08 | 105.02x |
| 2026-01-07 | 106.76x |
| 2026-01-06 | 102.25x |
| 2026-01-05 | 100.16x |
| 2026-01-02 | 98.62x |
| 2025-12-31 | 101.32x |
| 2025-12-30 | 102.81x |
| 2025-12-29 | 102.81x |
| 2025-12-26 | 103.70x |
| 2025-12-24 | 103.02x |
| 2025-12-23 | 103.52x |
| 2025-12-22 | 104.29x |
| 2025-12-19 | 102.83x |
| 2025-12-18 | 102.26x |
| 2025-12-17 | 100.90x |
| 2025-12-16 | 102.94x |
| 2025-12-15 | 102.26x |
| 2025-12-12 | 105.52x |
| 2025-12-11 | 104.77x |
| 2025-12-10 | 106.23x |
| 2025-12-09 | 107.37x |
| 2025-12-08 | 107.57x |
| 2025-12-05 | 109.53x |
| 2025-12-04 | 107.76x |
| 2025-12-03 | 106.61x |
| 2025-12-02 | 104.51x |
| 2025-12-01 | 103.30x |
| 2025-11-28 | 104.65x |
| 2025-11-26 | 101.97x |
| 2025-11-25 | 102.48x |
| 2025-11-24 | 101.15x |
| 2025-11-21 | 100.60x |
| 2025-11-20 | 101.81x |
| 2025-11-19 | 112.58x |
| 2025-11-18 | 113.21x |
| 2025-11-17 | 114.29x |
| 2025-11-14 | 115.63x |
| 2025-11-13 | 115.36x |
| 2025-11-12 | 118.36x |
| 2025-11-11 | 123.06x |
| 2025-11-10 | 122.07x |
| 2025-11-07 | 119.65x |
| 2025-11-06 | 119.12x |
| 2025-11-05 | 120.16x |
| 2025-11-04 | 120.92x |
| 2025-11-03 | 123.61x |
| 2025-10-31 | 124.19x |
| 2025-10-30 | 123.06x |
| 2025-10-29 | 122.43x |
| 2025-10-28 | 124.84x |
| 2025-10-27 | 124.21x |
| 2025-10-24 | 122.40x |
| 2025-10-23 | 121.21x |
| 2025-10-22 | 119.72x |
| 2025-10-21 | 120.85x |
| 2025-10-20 | 119.38x |
| 2025-10-17 | 117.14x |
| 2025-10-16 | 115.78x |
| 2025-10-15 | 116.46x |
| 2025-10-14 | 116.95x |
| 2025-10-13 | 120.21x |
| 2025-10-10 | 117.51x |
| 2025-10-09 | 121.29x |
| 2025-10-08 | 122.79x |
| 2025-10-07 | 118.94x |
| 2025-10-06 | 119.81x |
| 2025-10-03 | 116.74x |
| 2025-10-02 | 117.94x |
| 2025-10-01 | 116.52x |
| 2025-09-30 | 114.70x |
| 2025-09-29 | 114.90x |
| 2025-09-26 | 113.99x |
| 2025-09-25 | 113.90x |
| 2025-09-24 | 113.03x |
| 2025-09-23 | 114.49x |
| 2025-09-22 | 117.30x |
| 2025-09-19 | 117.31x |
| 2025-09-18 | 115.88x |
| 2025-09-17 | 114.42x |
| 2025-09-16 | 113.40x |
| 2025-09-15 | 113.37x |
| 2025-09-12 | 110.52x |
| 2025-09-11 | 111.68x |
| 2025-09-10 | 111.11x |
| 2025-09-09 | 111.24x |
| 2025-09-08 | 111.14x |
| 2025-09-05 | 109.47x |
| 2025-09-04 | 108.27x |
| 2025-09-03 | 107.80x |
| 2025-09-02 | 107.23x |
| 2025-08-29 | 135.42x |
Showing the most recent 260 of 990 data points. The chart above shows the full history.
