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 126.30x is 96% below its 5-year average of 3227.36x, near the low end of its 5-year range (50.85x–65883.58x).
As of Saturday, July 25, 2026. 51.25% above its 12-month average of 83.51x.
EV/EBITDA RATIO
126.30x
EV/EBITDA RATIO AVG TTM
83.51x
EV/EBITDA RATIO AVG 3Y
108.07x
EV/EBITDA RATIO AVG 5Y
141.54x
EV/EBITDA RATIO AVG 10Y
211.06x
EV/EBITDA RATIO AVG 15Y
226.63x
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+51.25%
CURRENT VS 3Y AVG
+16.87%
CURRENT VS 5Y AVG
-10.76%
CURRENT VS 10Y AVG
-40.16%
CURRENT VS 15Y AVG
-44.27%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
26.27x
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
+380.87%
vs the sector median at left
Palo Alto Networks, Inc.
Market Cap
$220.67B
EV/EBITDA Ratio
126.30x
TTM Avg
83.51x
3Y Avg
108.07x
5Y Avg
141.54x
Market Cap
$219.08B
EV/EBITDA Ratio
51.65x
TTM Avg
47.68x
3Y Avg
41.32x
5Y Avg
38.16x
Market Cap
$212.74B
EV/EBITDA Ratio
40.05x
TTM Avg
56.70x
3Y Avg
41.84x
5Y Avg
41.84x
Market Cap
$201.80B
EV/EBITDA Ratio
16.19x
TTM Avg
18.69x
3Y Avg
17.18x
5Y Avg
15.30x
Market Cap
$190.97B
EV/EBITDA Ratio
58.50x
TTM Avg
36.08x
3Y Avg
64.82x
5Y Avg
43.32x
Market Cap
$187.82B
EV/EBITDA Ratio
26.75x
TTM Avg
28.55x
3Y Avg
25.64x
5Y Avg
23.00x
Market Cap
$254.44B
EV/EBITDA Ratio
30.10x
TTM Avg
25.95x
3Y Avg
23.64x
5Y Avg
20.79x
Market Cap
$186.63B
EV/EBITDA Ratio
1746.96x
TTM Avg
1746.03x
3Y Avg
842.22x
5Y Avg
842.22x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palo Alto Networks, Inc. (PANW) | $220.67B | 126.30x | 83.51x | 108.07x | 141.54x |
| Arista Networks, Inc. (ANET)vs › | $219.08B | 51.65x | 47.68x | 41.32x | 38.16x |
| Sandisk Corporation (SNDK)vs › | $212.74B | 40.05x | 56.70x | 41.84x | 41.84x |
| International Business Machines Corporation (IBM)vs › | $201.80B | 16.19x | 18.69x | 17.18x | 15.30x |
| Seagate Technology Holdings plc (STX)vs › | $190.97B | 58.50x | 36.08x | 64.82x | 43.32x |
| Amphenol Corporation (APH)vs › | $187.82B | 26.75x | 28.55x | 25.64x | 23.00x |
| Texas Instruments Incorporated (TXN)vs › | $254.44B | 30.10x | 25.95x | 23.64x | 20.79x |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $186.63B | 1746.96x | 1746.03x | 842.22x | 842.22x |
| SAP SE (SAP)vs › | $186.44B | 13.27x | 20.93x | 27.63x | 23.85x |
| Analog Devices, Inc. (ADI)vs › | $181.13B | 30.90x | 30.76x | 25.33x | 23.99x |
At 126.3, EV/EBITDA is at an extreme level (the multiple carries little signal here), sitting higher than 29% of its 14-year history.
14-year low
50.9
median
235.8
14-year high
65883.6
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 | 126.30x |
| 2026-07-23 | 127.02x |
| 2026-07-22 | 130.79x |
| 2026-07-21 | 133.47x |
| 2026-07-20 | 136.02x |
| 2026-07-17 | 139.93x |
| 2026-07-16 | 138.10x |
| 2026-07-15 | 138.11x |
| 2026-07-14 | 137.67x |
| 2026-07-13 | 128.85x |
| 2026-07-10 | 127.13x |
| 2026-07-09 | 131.97x |
| 2026-07-08 | 125.05x |
| 2026-07-07 | 131.48x |
| 2026-07-06 | 139.48x |
| 2026-07-02 | 135.78x |
| 2026-07-01 | 137.34x |
| 2026-06-30 | 133.03x |
| 2026-06-29 | 129.51x |
| 2026-06-26 | 118.65x |
| 2026-06-25 | 114.31x |
| 2026-06-24 | 111.25x |
| 2026-06-23 | 113.47x |
| 2026-06-22 | 111.70x |
| 2026-06-18 | 112.24x |
| 2026-06-17 | 110.03x |
| 2026-06-16 | 109.16x |
| 2026-06-15 | 110.97x |
| 2026-06-12 | 109.05x |
| 2026-06-11 | 109.02x |
| 2026-06-10 | 102.65x |
| 2026-06-09 | 101.59x |
| 2026-06-08 | 103.86x |
| 2026-06-05 | 106.10x |
| 2026-06-04 | 108.91x |
| 2026-06-03 | 109.37x |
| 2026-06-02 | 115.91x |
| 2026-06-01 | 110.08x |
| 2026-05-29 | 103.07x |
| 2026-05-28 | 94.15x |
| 2026-05-27 | 90.68x |
| 2026-05-26 | 93.77x |
| 2026-05-22 | 95.20x |
| 2026-05-21 | 92.34x |
| 2026-05-20 | 90.01x |
| 2026-05-19 | 87.57x |
| 2026-05-18 | 90.34x |
| 2026-05-15 | 88.58x |
| 2026-05-14 | 86.85x |
| 2026-05-13 | 82.97x |
| 2026-05-12 | 78.42x |
| 2026-05-11 | 77.70x |
| 2026-05-08 | 75.54x |
| 2026-05-07 | 71.31x |
| 2026-05-06 | 66.52x |
| 2026-05-05 | 66.63x |
| 2026-05-04 | 66.85x |
| 2026-05-01 | 65.55x |
| 2026-04-30 | 64.89x |
| 2026-04-29 | 65.72x |
| 2026-04-28 | 65.52x |
| 2026-04-27 | 66.23x |
| 2026-04-24 | 64.60x |
| 2026-04-23 | 62.61x |
| 2026-04-22 | 65.59x |
| 2026-04-21 | 63.27x |
| 2026-04-20 | 61.25x |
| 2026-04-17 | 60.62x |
| 2026-04-16 | 60.29x |
| 2026-04-15 | 59.22x |
| 2026-04-14 | 58.28x |
| 2026-04-13 | 58.62x |
| 2026-04-10 | 56.10x |
| 2026-04-09 | 60.29x |
| 2026-04-08 | 62.83x |
| 2026-04-07 | 61.37x |
| 2026-04-06 | 58.42x |
| 2026-04-02 | 58.89x |
| 2026-04-01 | 57.94x |
| 2026-03-31 | 57.81x |
| 2026-03-30 | 55.58x |
| 2026-03-27 | 52.85x |
| 2026-03-26 | 56.33x |
| 2026-03-25 | 55.16x |
| 2026-03-24 | 56.65x |
| 2026-03-23 | 59.20x |
| 2026-03-20 | 58.79x |
| 2026-03-19 | 61.32x |
| 2026-03-18 | 61.01x |
| 2026-03-17 | 61.12x |
| 2026-03-16 | 60.47x |
| 2026-03-13 | 60.31x |
| 2026-03-12 | 60.72x |
| 2026-03-11 | 59.53x |
| 2026-03-10 | 59.77x |
| 2026-03-09 | 59.59x |
| 2026-03-06 | 59.57x |
| 2026-03-05 | 58.87x |
| 2026-03-04 | 57.15x |
| 2026-03-03 | 56.23x |
| 2026-03-02 | 54.01x |
| 2026-02-27 | 53.56x |
| 2026-02-26 | 53.74x |
| 2026-02-25 | 52.03x |
| 2026-02-24 | 50.85x |
| 2026-02-23 | 51.77x |
| 2026-02-20 | 53.47x |
| 2026-02-19 | 54.33x |
| 2026-02-18 | 54.84x |
| 2026-02-17 | 58.99x |
| 2026-02-13 | 71.87x |
| 2026-02-12 | 70.05x |
| 2026-02-11 | 71.15x |
| 2026-02-10 | 71.24x |
| 2026-02-09 | 71.45x |
| 2026-02-06 | 68.52x |
| 2026-02-05 | 66.52x |
| 2026-02-04 | 71.77x |
| 2026-02-03 | 71.56x |
| 2026-02-02 | 75.59x |
| 2026-01-30 | 76.27x |
| 2026-01-29 | 75.93x |
| 2026-01-28 | 79.25x |
| 2026-01-27 | 79.14x |
| 2026-01-26 | 79.46x |
| 2026-01-23 | 77.68x |
| 2026-01-22 | 78.60x |
| 2026-01-21 | 78.25x |
| 2026-01-20 | 79.39x |
| 2026-01-16 | 80.97x |
| 2026-01-15 | 81.00x |
| 2026-01-14 | 82.41x |
| 2026-01-13 | 82.37x |
| 2026-01-12 | 81.51x |
| 2026-01-09 | 81.57x |
| 2026-01-08 | 82.35x |
| 2026-01-07 | 83.71x |
| 2026-01-06 | 80.18x |
| 2026-01-05 | 78.54x |
| 2026-01-02 | 77.33x |
| 2025-12-31 | 79.45x |
| 2025-12-30 | 80.61x |
| 2025-12-29 | 80.61x |
| 2025-12-26 | 81.32x |
| 2025-12-24 | 80.78x |
| 2025-12-23 | 81.17x |
| 2025-12-22 | 81.77x |
| 2025-12-19 | 80.63x |
| 2025-12-18 | 80.19x |
| 2025-12-17 | 79.12x |
| 2025-12-16 | 80.72x |
| 2025-12-15 | 80.19x |
| 2025-12-12 | 82.74x |
| 2025-12-11 | 82.16x |
| 2025-12-10 | 83.30x |
| 2025-12-09 | 84.19x |
| 2025-12-08 | 84.35x |
| 2025-12-05 | 85.88x |
| 2025-12-04 | 84.49x |
| 2025-12-03 | 83.59x |
| 2025-12-02 | 81.94x |
| 2025-12-01 | 81.00x |
| 2025-11-28 | 82.05x |
| 2025-11-26 | 79.95x |
| 2025-11-25 | 80.36x |
| 2025-11-24 | 79.31x |
| 2025-11-21 | 78.88x |
| 2025-11-20 | 79.83x |
| 2025-11-19 | 86.35x |
| 2025-11-18 | 88.69x |
| 2025-11-17 | 89.54x |
| 2025-11-14 | 90.59x |
| 2025-11-13 | 90.38x |
| 2025-11-12 | 92.73x |
| 2025-11-11 | 96.41x |
| 2025-11-10 | 95.64x |
| 2025-11-07 | 93.74x |
| 2025-11-06 | 93.33x |
| 2025-11-05 | 94.14x |
| 2025-11-04 | 94.74x |
| 2025-11-03 | 96.84x |
| 2025-10-31 | 97.29x |
| 2025-10-30 | 96.41x |
| 2025-10-29 | 95.92x |
| 2025-10-28 | 97.80x |
| 2025-10-27 | 97.32x |
| 2025-10-24 | 95.89x |
| 2025-10-23 | 94.96x |
| 2025-10-22 | 93.80x |
| 2025-10-21 | 94.68x |
| 2025-10-20 | 93.53x |
| 2025-10-17 | 91.77x |
| 2025-10-16 | 90.71x |
| 2025-10-15 | 91.24x |
| 2025-10-14 | 91.62x |
| 2025-10-13 | 94.18x |
| 2025-10-10 | 92.07x |
| 2025-10-09 | 95.03x |
| 2025-10-08 | 96.20x |
| 2025-10-07 | 93.18x |
| 2025-10-06 | 93.87x |
| 2025-10-03 | 91.46x |
| 2025-10-02 | 92.40x |
| 2025-10-01 | 91.28x |
| 2025-09-30 | 89.86x |
| 2025-09-29 | 90.02x |
| 2025-09-26 | 89.30x |
| 2025-09-25 | 89.23x |
| 2025-09-24 | 88.56x |
| 2025-09-23 | 89.70x |
| 2025-09-22 | 91.90x |
| 2025-09-19 | 91.91x |
| 2025-09-18 | 90.78x |
| 2025-09-17 | 89.64x |
| 2025-09-16 | 88.84x |
| 2025-09-15 | 88.82x |
| 2025-09-12 | 86.59x |
| 2025-09-11 | 87.50x |
| 2025-09-10 | 87.05x |
| 2025-09-09 | 87.15x |
| 2025-09-08 | 87.07x |
| 2025-09-05 | 85.77x |
| 2025-09-04 | 84.82x |
| 2025-09-03 | 84.46x |
| 2025-09-02 | 84.01x |
| 2025-08-29 | 84.01x |
| 2025-08-28 | 101.23x |
| 2025-08-27 | 99.40x |
| 2025-08-26 | 97.59x |
| 2025-08-25 | 97.76x |
| 2025-08-22 | 98.47x |
| 2025-08-21 | 97.10x |
| 2025-08-20 | 97.69x |
| 2025-08-19 | 96.16x |
| 2025-08-18 | 93.27x |
| 2025-08-15 | 93.76x |
| 2025-08-14 | 91.86x |
| 2025-08-13 | 93.64x |
| 2025-08-12 | 92.85x |
| 2025-08-11 | 88.98x |
| 2025-08-08 | 88.38x |
| 2025-08-07 | 88.94x |
| 2025-08-06 | 91.51x |
| 2025-08-05 | 89.47x |
| 2025-08-04 | 90.49x |
| 2025-08-01 | 91.50x |
| 2025-07-31 | 91.89x |
| 2025-07-30 | 96.94x |
| 2025-07-29 | 102.74x |
| 2025-07-28 | 108.46x |
| 2025-07-25 | 107.80x |
| 2025-07-24 | 106.67x |
| 2025-07-23 | 105.62x |
| 2025-07-22 | 104.29x |
| 2025-07-21 | 105.98x |
| 2025-07-18 | 103.78x |
| 2025-07-17 | 104.05x |
| 2025-07-16 | 102.07x |
| 2025-07-15 | 101.89x |
| 2025-07-14 | 101.07x |
Showing the most recent 260 of 1,949 data points. The chart above shows the full history.
