Basis: Current FMP quote-based enterprise value / four-quarter operating income plus matched D&A. 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 29.92x is 23% below its estimated 4-year average of 38.66x, near the low end of its estimated 4-year range (14.21x–99.04x).
As of 2026-10-06T17:57:46.718Z. 29.08% above its estimated 12-month average of 23.18x.
Calculation as of: 2026-10-06T17:57:46.718Z.
Quote observation: 2026-10-06T17:55:10.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3c11f001a8a8e372ef35ab61632481bf49f2b40b7d08f0ae846c6ad08261850b
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 2026-10-05.
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/EBITDA RATIO
29.92x
EV/EBITDA RATIO AVG TTM
23.18x
EV/EBITDA RATIO AVG 3Y
31.11x
EV/EBITDA RATIO AVG 5Y
38.66x
EV/EBITDA RATIO AVG 10Y
39.49x
EV/EBITDA RATIO AVG 15Y
28.98x
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+29.08%
CURRENT VS 3Y AVG
-3.82%
CURRENT VS 5Y AVG
-22.62%
CURRENT VS 10Y AVG
-24.23%
CURRENT VS 15Y AVG
+3.24%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
15.32x
median of 262 covered companies
CURRENT VS SECTOR MEDIAN
+95.30%
vs the sector median at left
Paysign, Inc.
Market Cap
$812.22M
EV/EBITDA Ratio
29.92x
TTM Avg
23.18x
3Y Avg
31.11x
5Y Avg
38.66x
Market Cap
$823.72M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$798.44M
EV/EBITDA Ratio
6.79x
TTM Avg
9.62x
3Y Avg
18.93x
5Y Avg
19.89x
Market Cap
$842.61M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$849.40M
EV/EBITDA Ratio
25.92x
TTM Avg
20.46x
3Y Avg
25.01x
5Y Avg
25.98x
Market Cap
$772.54M
EV/EBITDA Ratio
N/A
TTM Avg
13.93x
3Y Avg
12.05x
5Y Avg
12.40x
Market Cap
$853.46M
EV/EBITDA Ratio
N/A
TTM Avg
200.38x
3Y Avg
231.29x
5Y Avg
173.94x
Market Cap
$769.82M
EV/EBITDA Ratio
12.59x
TTM Avg
12.02x
3Y Avg
13.61x
5Y Avg
12.23x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paysign, Inc. (PAYS) | $812.22M | 29.92x | 23.18x | 31.11x | 38.66x |
| PureCycle Technologies, Inc. (PCT)vs › | $823.72M | N/A | N/A | N/A | N/A |
| Republic Airways Holdings Inc. (RJET)vs › | $798.44M | 6.79x | 9.62x | 18.93x | 19.89x |
| Evolv Technologies Holdings, Inc. (EVLV)vs › | $842.61M | N/A | N/A | N/A | N/A |
| Transcat, Inc. (TRNS)vs › | $849.40M | 25.92x | 20.46x | 25.01x | 25.98x |
| LSI Industries Inc. (LYTS)vs › | $772.54M | N/A | 13.93x | 12.05x | 12.40x |
| Kornit Digital Ltd. (KRNT)vs › | $853.46M | N/A | 200.38x | 231.29x | 173.94x |
| Barrett Business Services, Inc. (BBSI)vs › | $769.82M | 12.59x | 12.02x | 13.61x | 12.23x |
| Satellogic Inc. (SATL)vs › | $762.42M | N/A | N/A | N/A | N/A |
| Bowman Consulting Group Ltd. (BWMN)vs › | $748.90M | 19.92x | 16.73x | 23.29x | 22.28x |
At 29.9, EV/EBITDA is near its estimated 15-year median — higher than 56% of readings in its estimated 15-year history.
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.
estimated 15-year low
1.0
median
25.1
estimated 15-year high
245.2
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 |
|---|---|
| 2026-10-05 | 33.92x |
| 2026-10-02 | 32.56x |
| 2026-10-01 | 32.87x |
| 2026-09-30 | 30.80x |
| 2026-09-29 | 29.32x |
| 2026-09-28 | 29.02x |
| 2026-09-25 | 28.90x |
| 2026-09-24 | 29.58x |
| 2026-09-23 | 28.90x |
| 2026-09-22 | 29.47x |
| 2026-09-21 | 28.81x |
| 2026-09-18 | 28.13x |
| 2026-09-17 | 28.32x |
| 2026-09-16 | 26.91x |
| 2026-09-15 | 27.73x |
| 2026-09-14 | 29.28x |
| 2026-09-11 | 29.70x |
| 2026-09-10 | 30.47x |
| 2026-09-09 | 29.75x |
| 2026-09-08 | 29.40x |
| 2026-09-04 | 30.73x |
| 2026-09-03 | 29.58x |
| 2026-09-02 | 28.57x |
| 2026-09-01 | 28.27x |
| 2026-08-31 | 28.41x |
| 2026-08-28 | 29.42x |
| 2026-08-27 | 30.05x |
| 2026-08-26 | 30.22x |
| 2026-08-25 | 32.35x |
| 2026-08-24 | 31.20x |
| 2026-08-21 | 32.23x |
| 2026-08-20 | 31.60x |
| 2026-08-19 | 31.55x |
| 2026-08-18 | 30.90x |
| 2026-08-17 | 29.68x |
| 2026-08-14 | 30.08x |
| 2026-08-13 | 29.72x |
| 2026-08-12 | 29.21x |
| 2026-08-11 | 28.81x |
| 2026-08-10 | 28.57x |
| 2026-08-07 | 28.46x |
| 2026-08-06 | 35.98x |
| 2026-08-05 | 27.66x |
| 2026-08-04 | 26.75x |
| 2026-08-03 | 26.66x |
| 2026-07-31 | 25.80x |
| 2026-07-30 | 26.39x |
| 2026-07-29 | 26.66x |
| 2026-07-28 | 26.27x |
| 2026-07-27 | 25.59x |
| 2026-07-24 | 25.00x |
| 2026-07-23 | 24.11x |
| 2026-07-22 | 25.80x |
| 2026-07-21 | 25.86x |
| 2026-07-20 | 25.56x |
| 2026-07-17 | 24.59x |
| 2026-07-16 | 25.12x |
| 2026-07-15 | 24.41x |
| 2026-07-14 | 25.03x |
| 2026-07-13 | 26.27x |
| 2026-07-10 | 26.10x |
| 2026-07-09 | 25.27x |
| 2026-07-08 | 24.47x |
| 2026-07-07 | 24.50x |
| 2026-07-06 | 23.99x |
| 2026-07-02 | 23.73x |
| 2026-07-01 | 24.62x |
| 2026-06-30 | 23.52x |
| 2026-06-29 | 23.91x |
| 2026-06-26 | 23.46x |
| 2026-06-25 | 22.13x |
| 2026-06-24 | 22.04x |
| 2026-06-23 | 21.30x |
| 2026-06-22 | 21.01x |
| 2026-06-18 | 21.18x |
| 2026-06-17 | 20.86x |
| 2026-06-16 | 20.39x |
| 2026-06-15 | 19.91x |
| 2026-06-12 | 19.97x |
| 2026-06-11 | 19.08x |
| 2026-06-10 | 19.85x |
| 2026-06-09 | 19.68x |
| 2026-06-08 | 18.88x |
| 2026-06-05 | 19.38x |
| 2026-06-04 | 19.91x |
| 2026-06-03 | 19.44x |
| 2026-06-02 | 21.18x |
| 2026-06-01 | 22.22x |
| 2026-05-29 | 20.80x |
| 2026-05-28 | 20.56x |
| 2026-05-27 | 20.33x |
| 2026-05-26 | 19.76x |
| 2026-05-22 | 19.17x |
| 2026-05-21 | 18.05x |
| 2026-05-20 | 17.49x |
| 2026-05-19 | 16.92x |
| 2026-05-18 | 16.66x |
| 2026-05-15 | 15.92x |
| 2026-05-14 | 16.42x |
| 2026-05-13 | 22.56x |
| 2026-05-12 | 25.80x |
| 2026-05-11 | 26.00x |
| 2026-05-08 | 24.10x |
| 2026-05-07 | 26.04x |
| 2026-05-06 | 25.33x |
| 2026-05-05 | 26.19x |
| 2026-05-04 | 26.59x |
| 2026-05-01 | 26.63x |
| 2026-04-30 | 25.44x |
| 2026-04-29 | 25.56x |
| 2026-04-28 | 25.44x |
| 2026-04-27 | 24.81x |
| 2026-04-24 | 24.10x |
| 2026-04-23 | 23.59x |
| 2026-04-22 | 24.81x |
| 2026-04-21 | 24.34x |
| 2026-04-20 | 24.46x |
| 2026-04-17 | 24.38x |
| 2026-04-16 | 22.60x |
| 2026-04-15 | 22.44x |
| 2026-04-14 | 22.13x |
| 2026-04-13 | 22.17x |
| 2026-04-10 | 20.19x |
| 2026-04-09 | 21.38x |
| 2026-04-08 | 23.15x |
| 2026-04-07 | 22.72x |
| 2026-04-06 | 22.92x |
| 2026-04-02 | 22.92x |
| 2026-04-01 | 22.52x |
| 2026-03-31 | 22.84x |
| 2026-03-30 | 22.29x |
| 2026-03-27 | 21.73x |
| 2026-03-26 | 20.59x |
| 2026-03-25 | 23.09x |
| 2026-03-24 | 16.87x |
| 2026-03-23 | 14.93x |
| 2026-03-20 | 14.44x |
| 2026-03-19 | 14.21x |
| 2026-03-18 | 14.39x |
| 2026-03-17 | 15.20x |
| 2026-03-16 | 15.79x |
| 2026-03-13 | 15.38x |
| 2026-03-12 | 15.84x |
| 2026-03-11 | 16.24x |
| 2026-03-10 | 16.47x |
| 2026-03-09 | 16.47x |
| 2026-03-06 | 17.01x |
| 2026-03-05 | 17.23x |
| 2026-03-04 | 17.01x |
| 2026-03-03 | 16.38x |
| 2026-03-02 | 16.24x |
| 2026-02-27 | 15.88x |
| 2026-02-26 | 16.42x |
| 2026-02-25 | 15.16x |
| 2026-02-24 | 14.71x |
| 2026-02-23 | 14.35x |
| 2026-02-20 | 14.66x |
| 2026-02-19 | 14.75x |
| 2026-02-18 | 14.62x |
| 2026-02-17 | 15.02x |
| 2026-02-13 | 15.16x |
| 2026-02-12 | 14.84x |
| 2026-02-11 | 15.16x |
| 2026-02-10 | 15.47x |
| 2026-02-09 | 16.20x |
| 2026-02-06 | 16.65x |
| 2026-02-05 | 15.84x |
| 2026-02-04 | 16.56x |
| 2026-02-03 | 16.96x |
| 2026-02-02 | 18.63x |
| 2026-01-30 | 18.67x |
| 2026-01-29 | 18.76x |
| 2026-01-28 | 19.08x |
| 2026-01-27 | 19.53x |
| 2026-01-26 | 20.11x |
| 2026-01-23 | 20.16x |
| 2026-01-22 | 20.43x |
| 2026-01-21 | 19.48x |
| 2026-01-20 | 19.80x |
| 2026-01-16 | 20.65x |
| 2026-01-15 | 21.15x |
| 2026-01-14 | 21.51x |
| 2026-01-13 | 21.60x |
| 2026-01-12 | 22.05x |
| 2026-01-09 | 21.87x |
| 2026-01-08 | 21.78x |
| 2026-01-07 | 21.96x |
| 2026-01-06 | 21.69x |
| 2026-01-05 | 22.63x |
| 2026-01-02 | 22.23x |
| 2025-12-31 | 23.09x |
| 2025-12-30 | 23.09x |
| 2025-12-29 | 23.18x |
| 2025-12-26 | 23.58x |
| 2025-12-24 | 24.03x |
| 2025-12-23 | 23.45x |
| 2025-12-22 | 24.03x |
| 2025-12-19 | 23.85x |
| 2025-12-18 | 24.62x |
| 2025-12-17 | 24.12x |
| 2025-12-16 | 24.44x |
| 2025-12-15 | 24.03x |
| 2025-12-12 | 24.62x |
| 2025-12-11 | 24.75x |
| 2025-12-10 | 24.26x |
| 2025-12-09 | 23.27x |
| 2025-12-08 | 22.99x |
| 2025-12-05 | 23.90x |
| 2025-12-04 | 23.90x |
| 2025-12-03 | 23.58x |
| 2025-12-02 | 22.63x |
| 2025-12-01 | 22.45x |
| 2025-11-28 | 23.36x |
| 2025-11-26 | 23.45x |
| 2025-11-25 | 23.18x |
| 2025-11-24 | 22.77x |
| 2025-11-21 | 22.99x |
| 2025-11-20 | 22.63x |
| 2025-11-19 | 23.09x |
| 2025-11-18 | 22.36x |
| 2025-11-17 | 22.68x |
| 2025-11-14 | 22.90x |
| 2025-11-13 | 25.06x |
| 2025-11-12 | 25.06x |
| 2025-11-11 | 23.60x |
| 2025-11-10 | 23.69x |
| 2025-11-07 | 23.18x |
| 2025-11-06 | 23.36x |
| 2025-11-05 | 23.93x |
| 2025-11-04 | 23.32x |
| 2025-11-03 | 23.69x |
| 2025-10-31 | 23.65x |
| 2025-10-30 | 23.79x |
| 2025-10-29 | 24.92x |
| 2025-10-28 | 26.34x |
| 2025-10-27 | 26.85x |
| 2025-10-24 | 27.28x |
| 2025-10-23 | 26.05x |
| 2025-10-22 | 25.34x |
| 2025-10-21 | 25.96x |
| 2025-10-20 | 25.82x |
| 2025-10-17 | 24.78x |
| 2025-10-16 | 25.30x |
| 2025-10-15 | 25.96x |
| 2025-10-14 | 25.77x |
| 2025-10-13 | 25.06x |
| 2025-10-10 | 24.50x |
| 2025-10-09 | 25.53x |
| 2025-10-08 | 25.91x |
| 2025-10-07 | 25.82x |
| 2025-10-06 | 28.79x |
| 2025-10-03 | 29.16x |
| 2025-10-02 | 28.74x |
| 2025-10-01 | 28.03x |
| 2025-09-30 | 28.93x |
| 2025-09-29 | 26.76x |
| 2025-09-26 | 26.62x |
| 2025-09-25 | 25.58x |
| 2025-09-24 | 25.86x |
| 2025-09-23 | 25.91x |
Showing the most recent 260 of 3,433 data points. The chart above shows the full history.
