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 16.03x is 79% below its estimated 5-year average of 75.16x, near the low end of its estimated 5-year range (15.23x–239.34x).
As of 2026-10-06T18:27:57.906Z. 21.79% below its estimated 12-month average of 20.50x.
Calculation as of: 2026-10-06T18:27:57.906Z.
Quote observation: 2026-10-06T18:25:11.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: c2c8c0d940d63fcceaac1abec10583e572ebed816d60e919a98ec6b5242fed3d
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
16.03x
EV/EBITDA RATIO AVG TTM
20.50x
EV/EBITDA RATIO AVG 3Y
29.29x
EV/EBITDA RATIO AVG 5Y
75.16x
EV/EBITDA RATIO AVG 10Y
N/A
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-21.79%
CURRENT VS 3Y AVG
-45.27%
CURRENT VS 5Y AVG
-78.67%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
15.72x
median of 217 covered companies
CURRENT VS SECTOR MEDIAN
+1.97%
vs the sector median at left
Market Cap
$2.04B
EV/EBITDA Ratio
N/A
TTM Avg
40.61x
3Y Avg
40.61x
5Y Avg
40.61x
Market Cap
$2.05B
EV/EBITDA Ratio
33.53x
TTM Avg
35.09x
3Y Avg
121.98x
5Y Avg
105.15x
Market Cap
$2.03B
EV/EBITDA Ratio
N/A
TTM Avg
88.86x
3Y Avg
88.86x
5Y Avg
88.86x
Market Cap
$2.03B
EV/EBITDA Ratio
11.22x
TTM Avg
18.29x
3Y Avg
26.08x
5Y Avg
26.08x
Market Cap
$2.06B
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.07B
EV/EBITDA Ratio
N/A
TTM Avg
238.50x
3Y Avg
123.46x
5Y Avg
123.46x
Market Cap
$2.08B
EV/EBITDA Ratio
65.93x
TTM Avg
96.19x
3Y Avg
628.91x
5Y Avg
603.99x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Progyny, Inc. (PGNY) | $2.04B | 16.03x | 20.50x | 29.29x | 75.16x |
| BioCryst Pharmaceuticals, Inc. (BCRX)vs › | $2.04B | N/A | 40.61x | 40.61x | 40.61x |
| Fortrea Holdings Inc. (FTRE)vs › | $2.05B | 33.53x | 35.09x | 121.98x | 105.15x |
| UroGen Pharma Ltd. (URGN)vs › | $2.03B | N/A | 88.86x | 88.86x | 88.86x |
| Aurinia Pharmaceuticals Inc. (AUPH)vs › | $2.03B | 11.22x | 18.29x | 26.08x | 26.08x |
| Viridian Therapeutics, Inc. (VRDN)vs › | $2.06B | N/A | N/A | N/A | N/A |
| Alvotech (ALVO)vs › | $2.07B | 41.86x | 33.53x | 180.18x | 180.18x |
| Celldex Therapeutics, Inc. (CLDX)vs › | $2.07B | N/A | 238.50x | 123.46x | 123.46x |
| Vericel Corporation (VCEL)vs › | $2.08B | 65.93x | 96.19x | 628.91x | 603.99x |
| Vera Therapeutics, Inc. (VERA)vs › | $2.08B | N/A | N/A | N/A | N/A |
At 16.0, EV/EBITDA is at an extreme level, where the multiple carries little signal — higher than 1% of readings in its estimated 7-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 7-year low
15.2
median
103.5
estimated 7-year high
571.8
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 | 16.74x |
| 2026-10-02 | 16.31x |
| 2026-10-01 | 16.05x |
| 2026-09-30 | 16.28x |
| 2026-09-29 | 16.01x |
| 2026-09-28 | 16.51x |
| 2026-09-25 | 16.46x |
| 2026-09-24 | 16.82x |
| 2026-09-23 | 16.72x |
| 2026-09-22 | 17.01x |
| 2026-09-21 | 17.43x |
| 2026-09-18 | 17.62x |
| 2026-09-17 | 17.54x |
| 2026-09-16 | 17.79x |
| 2026-09-15 | 18.05x |
| 2026-09-14 | 18.11x |
| 2026-09-11 | 17.77x |
| 2026-09-10 | 17.58x |
| 2026-09-09 | 17.61x |
| 2026-09-08 | 17.63x |
| 2026-09-04 | 16.80x |
| 2026-09-03 | 17.26x |
| 2026-09-02 | 17.04x |
| 2026-09-01 | 16.61x |
| 2026-08-31 | 16.56x |
| 2026-08-28 | 16.84x |
| 2026-08-27 | 16.74x |
| 2026-08-26 | 17.10x |
| 2026-08-25 | 16.72x |
| 2026-08-24 | 16.46x |
| 2026-08-21 | 16.60x |
| 2026-08-20 | 16.81x |
| 2026-08-19 | 16.52x |
| 2026-08-18 | 16.64x |
| 2026-08-17 | 16.38x |
| 2026-08-14 | 17.03x |
| 2026-08-13 | 16.76x |
| 2026-08-12 | 16.44x |
| 2026-08-11 | 17.23x |
| 2026-08-10 | 18.11x |
| 2026-08-07 | 22.36x |
| 2026-08-06 | 24.11x |
| 2026-08-05 | 25.08x |
| 2026-08-04 | 25.17x |
| 2026-08-03 | 25.21x |
| 2026-07-31 | 24.88x |
| 2026-07-30 | 25.18x |
| 2026-07-29 | 25.08x |
| 2026-07-28 | 24.57x |
| 2026-07-27 | 25.26x |
| 2026-07-24 | 24.93x |
| 2026-07-23 | 24.52x |
| 2026-07-22 | 25.06x |
| 2026-07-21 | 25.80x |
| 2026-07-20 | 25.41x |
| 2026-07-17 | 25.55x |
| 2026-07-16 | 25.49x |
| 2026-07-15 | 25.89x |
| 2026-07-14 | 25.90x |
| 2026-07-13 | 25.59x |
| 2026-07-10 | 24.48x |
| 2026-07-09 | 24.83x |
| 2026-07-08 | 24.57x |
| 2026-07-07 | 24.59x |
| 2026-07-06 | 24.71x |
| 2026-07-02 | 24.12x |
| 2026-07-01 | 23.48x |
| 2026-06-30 | 22.97x |
| 2026-06-29 | 22.99x |
| 2026-06-26 | 22.70x |
| 2026-06-25 | 21.76x |
| 2026-06-24 | 21.35x |
| 2026-06-23 | 21.13x |
| 2026-06-22 | 20.84x |
| 2026-06-18 | 20.68x |
| 2026-06-17 | 20.87x |
| 2026-06-16 | 21.11x |
| 2026-06-15 | 21.37x |
| 2026-06-12 | 21.13x |
| 2026-06-11 | 20.32x |
| 2026-06-10 | 20.52x |
| 2026-06-09 | 20.47x |
| 2026-06-08 | 20.54x |
| 2026-06-05 | 20.49x |
| 2026-06-04 | 20.18x |
| 2026-06-03 | 19.77x |
| 2026-06-02 | 19.88x |
| 2026-06-01 | 20.78x |
| 2026-05-29 | 20.24x |
| 2026-05-28 | 20.35x |
| 2026-05-27 | 20.18x |
| 2026-05-26 | 19.82x |
| 2026-05-22 | 19.68x |
| 2026-05-21 | 19.52x |
| 2026-05-20 | 20.31x |
| 2026-05-19 | 19.44x |
| 2026-05-18 | 18.99x |
| 2026-05-15 | 18.32x |
| 2026-05-14 | 18.00x |
| 2026-05-13 | 18.54x |
| 2026-05-12 | 18.49x |
| 2026-05-11 | 17.74x |
| 2026-05-08 | 22.58x |
| 2026-05-07 | 18.06x |
| 2026-05-06 | 17.61x |
| 2026-05-05 | 17.88x |
| 2026-05-04 | 17.81x |
| 2026-05-01 | 17.51x |
| 2026-04-30 | 17.49x |
| 2026-04-29 | 17.33x |
| 2026-04-28 | 17.29x |
| 2026-04-27 | 17.32x |
| 2026-04-24 | 17.08x |
| 2026-04-23 | 16.58x |
| 2026-04-22 | 16.90x |
| 2026-04-21 | 16.93x |
| 2026-04-20 | 17.55x |
| 2026-04-17 | 17.03x |
| 2026-04-16 | 16.84x |
| 2026-04-15 | 16.31x |
| 2026-04-14 | 16.09x |
| 2026-04-13 | 15.90x |
| 2026-04-10 | 15.23x |
| 2026-04-09 | 15.45x |
| 2026-04-08 | 15.85x |
| 2026-04-07 | 16.08x |
| 2026-04-06 | 15.70x |
| 2026-04-02 | 15.52x |
| 2026-04-01 | 15.78x |
| 2026-03-31 | 15.90x |
| 2026-03-30 | 15.89x |
| 2026-03-27 | 16.19x |
| 2026-03-26 | 16.70x |
| 2026-03-25 | 16.66x |
| 2026-03-24 | 16.96x |
| 2026-03-23 | 16.92x |
| 2026-03-20 | 17.04x |
| 2026-03-19 | 17.09x |
| 2026-03-18 | 16.78x |
| 2026-03-17 | 16.96x |
| 2026-03-16 | 16.34x |
| 2026-03-13 | 16.42x |
| 2026-03-12 | 16.42x |
| 2026-03-11 | 16.43x |
| 2026-03-10 | 16.82x |
| 2026-03-09 | 17.16x |
| 2026-03-06 | 17.22x |
| 2026-03-05 | 16.53x |
| 2026-03-04 | 16.70x |
| 2026-03-03 | 16.44x |
| 2026-03-02 | 16.51x |
| 2026-02-27 | 16.51x |
| 2026-02-26 | 21.06x |
| 2026-02-25 | 20.14x |
| 2026-02-24 | 19.59x |
| 2026-02-23 | 20.12x |
| 2026-02-20 | 19.79x |
| 2026-02-19 | 19.57x |
| 2026-02-18 | 19.17x |
| 2026-02-17 | 19.16x |
| 2026-02-13 | 19.50x |
| 2026-02-12 | 19.79x |
| 2026-02-11 | 20.36x |
| 2026-02-10 | 20.33x |
| 2026-02-09 | 20.46x |
| 2026-02-06 | 20.76x |
| 2026-02-05 | 20.73x |
| 2026-02-04 | 21.58x |
| 2026-02-03 | 22.05x |
| 2026-02-02 | 23.02x |
| 2026-01-30 | 22.68x |
| 2026-01-29 | 22.93x |
| 2026-01-28 | 23.34x |
| 2026-01-27 | 23.06x |
| 2026-01-26 | 23.65x |
| 2026-01-23 | 24.03x |
| 2026-01-22 | 23.81x |
| 2026-01-21 | 24.26x |
| 2026-01-20 | 24.19x |
| 2026-01-16 | 23.33x |
| 2026-01-15 | 23.12x |
| 2026-01-14 | 24.93x |
| 2026-01-13 | 24.05x |
| 2026-01-12 | 27.23x |
| 2026-01-09 | 25.80x |
| 2026-01-08 | 26.24x |
| 2026-01-07 | 25.61x |
| 2026-01-06 | 25.48x |
| 2026-01-05 | 25.47x |
| 2026-01-02 | 24.55x |
| 2025-12-31 | 24.49x |
| 2025-12-30 | 24.65x |
| 2025-12-29 | 24.43x |
| 2025-12-26 | 24.61x |
| 2025-12-24 | 24.32x |
| 2025-12-23 | 24.38x |
| 2025-12-22 | 25.77x |
| 2025-12-19 | 25.44x |
| 2025-12-18 | 24.97x |
| 2025-12-17 | 24.80x |
| 2025-12-16 | 24.82x |
| 2025-12-15 | 25.15x |
| 2025-12-12 | 25.52x |
| 2025-12-11 | 24.82x |
| 2025-12-10 | 23.98x |
| 2025-12-09 | 23.53x |
| 2025-12-08 | 23.51x |
| 2025-12-05 | 22.83x |
| 2025-12-04 | 22.96x |
| 2025-12-03 | 23.36x |
| 2025-12-02 | 23.76x |
| 2025-12-01 | 24.08x |
| 2025-11-28 | 25.18x |
| 2025-11-26 | 25.51x |
| 2025-11-25 | 25.58x |
| 2025-11-24 | 25.14x |
| 2025-11-21 | 24.67x |
| 2025-11-20 | 23.64x |
| 2025-11-19 | 24.21x |
| 2025-11-18 | 24.66x |
| 2025-11-17 | 25.63x |
| 2025-11-14 | 23.36x |
| 2025-11-13 | 23.23x |
| 2025-11-12 | 22.88x |
| 2025-11-11 | 22.62x |
| 2025-11-10 | 22.43x |
| 2025-11-07 | 23.50x |
| 2025-11-06 | 18.66x |
| 2025-11-05 | 19.62x |
| 2025-11-04 | 19.28x |
| 2025-11-03 | 19.12x |
| 2025-10-31 | 19.43x |
| 2025-10-30 | 19.37x |
| 2025-10-29 | 19.86x |
| 2025-10-28 | 20.01x |
| 2025-10-27 | 20.34x |
| 2025-10-24 | 20.30x |
| 2025-10-23 | 20.31x |
| 2025-10-22 | 19.94x |
| 2025-10-21 | 20.21x |
| 2025-10-20 | 20.46x |
| 2025-10-17 | 20.13x |
| 2025-10-16 | 22.34x |
| 2025-10-15 | 21.22x |
| 2025-10-14 | 21.12x |
| 2025-10-13 | 21.34x |
| 2025-10-10 | 20.98x |
| 2025-10-09 | 21.50x |
| 2025-10-08 | 21.51x |
| 2025-10-07 | 20.87x |
| 2025-10-06 | 21.08x |
| 2025-10-03 | 21.52x |
| 2025-10-02 | 21.48x |
| 2025-10-01 | 22.22x |
| 2025-09-30 | 22.55x |
| 2025-09-29 | 22.44x |
| 2025-09-26 | 22.49x |
| 2025-09-25 | 22.37x |
| 2025-09-24 | 22.75x |
| 2025-09-23 | 22.50x |
Showing the most recent 260 of 1,744 data points. The chart above shows the full history.
