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 18.33x is 23% below its estimated 5-year average of 23.82x, near the low end of its estimated 5-year range (12.07x–42.76x).
As of 2026-09-22T22:36:04.701Z. 5.74% below its estimated 12-month average of 19.45x.
Calculation as of: 2026-09-22T22:36:04.701Z.
Quote observation: 2026-09-22T20:01:17.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: f102747c6102937991497f4d0b757e5b52357743c6674632848d9f510be6df70
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/EBITDA RATIO
18.33x
EV/EBITDA RATIO AVG TTM
19.45x
EV/EBITDA RATIO AVG 3Y
27.49x
EV/EBITDA RATIO AVG 5Y
23.82x
EV/EBITDA RATIO AVG 10Y
19.88x
EV/EBITDA RATIO AVG 15Y
17.72x
EV/EBITDA RATIO AVG 20Y
16.44x
CURRENT VS TTM AVG
-5.74%
CURRENT VS 3Y AVG
-33.32%
CURRENT VS 5Y AVG
-23.04%
CURRENT VS 10Y AVG
-7.82%
CURRENT VS 15Y AVG
+3.47%
CURRENT VS 20Y AVG
+11.48%
SECTOR MEDIAN · TECHNOLOGY
26.04x
median of 157 covered companies
CURRENT VS SECTOR MEDIAN
-29.61%
vs the sector median at left
Market Cap
$246.00B
EV/EBITDA Ratio
41.37x
TTM Avg
37.48x
3Y Avg
27.72x
5Y Avg
22.84x
Market Cap
$247.86B
EV/EBITDA Ratio
27.31x
TTM Avg
26.30x
3Y Avg
24.12x
5Y Avg
20.96x
Market Cap
$254.63B
EV/EBITDA Ratio
1174.89x
TTM Avg
1691.95x
3Y Avg
903.23x
5Y Avg
903.23x
Market Cap
$258.37B
EV/EBITDA Ratio
54.92x
TTM Avg
48.24x
3Y Avg
42.44x
5Y Avg
38.71x
Market Cap
$229.77B
EV/EBITDA Ratio
81.37x
TTM Avg
53.50x
3Y Avg
78.89x
5Y Avg
69.67x
Market Cap
$217.99B
EV/EBITDA Ratio
15.74x
TTM Avg
18.35x
3Y Avg
17.28x
5Y Avg
15.43x
Market Cap
$279.45B
EV/EBITDA Ratio
21.94x
TTM Avg
65.28x
3Y Avg
65.28x
5Y Avg
65.28x
Market Cap
$208.18B
EV/EBITDA Ratio
18.57x
TTM Avg
14.36x
3Y Avg
15.88x
5Y Avg
14.23x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SAP SE (SAP) | $245.49B | 18.33x | 19.45x | 27.49x | 23.82x |
| KLA Corporation (KLAC)vs › | $246.00B | 41.37x | 37.48x | 27.72x | 22.84x |
| Texas Instruments Incorporated (TXN)vs › | $247.86B | 27.31x | 26.30x | 24.12x | 20.96x |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $254.63B | 1174.89x | 1691.95x | 903.23x | 903.23x |
| Arista Networks, Inc. (ANET)vs › | $258.37B | 54.92x | 48.24x | 42.44x | 38.71x |
| Marvell Technology, Inc. (MRVL)vs › | $229.77B | 81.37x | 53.50x | 78.89x | 69.67x |
| International Business Machines Corporation (IBM)vs › | $217.99B | 15.74x | 18.35x | 17.28x | 15.43x |
| Sandisk Corporation (SNDK)vs › | $279.45B | 21.94x | 65.28x | 65.28x | 65.28x |
| QUALCOMM Incorporated (QCOM)vs › | $208.18B | 18.57x | 14.36x | 15.88x | 14.23x |
| Seagate Technology Holdings plc (STX)vs › | $206.25B | 47.69x | 40.01x | 62.88x | 44.32x |
At 18.3, EV/EBITDA is near its estimated 20-year median — higher than 64% of readings in its estimated 20-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 20-year low
7.1
median
16.4
estimated 20-year high
42.8
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 |
|---|---|
| 2026-09-11 | 17.84x |
| 2026-09-10 | 17.81x |
| 2026-09-09 | 18.08x |
| 2026-09-08 | 18.29x |
| 2026-09-04 | 18.60x |
| 2026-09-03 | 18.77x |
| 2026-09-02 | 18.13x |
| 2026-09-01 | 18.33x |
| 2026-08-31 | 19.10x |
| 2026-08-28 | 19.16x |
| 2026-08-27 | 19.12x |
| 2026-08-26 | 18.30x |
| 2026-08-25 | 18.76x |
| 2026-08-24 | 18.91x |
| 2026-08-21 | 18.91x |
| 2026-08-20 | 18.77x |
| 2026-08-19 | 18.64x |
| 2026-08-18 | 18.20x |
| 2026-08-17 | 17.97x |
| 2026-08-14 | 17.98x |
| 2026-08-13 | 18.09x |
| 2026-08-12 | 17.65x |
| 2026-08-11 | 18.13x |
| 2026-08-10 | 18.03x |
| 2026-08-07 | 17.82x |
| 2026-08-06 | 17.24x |
| 2026-08-05 | 17.06x |
| 2026-08-04 | 16.90x |
| 2026-08-03 | 16.39x |
| 2026-07-31 | 15.87x |
| 2026-07-30 | 15.63x |
| 2026-07-29 | 16.07x |
| 2026-07-28 | 14.96x |
| 2026-07-27 | 14.24x |
| 2026-07-24 | 13.27x |
| 2026-07-23 | 12.07x |
| 2026-07-22 | 12.28x |
| 2026-07-21 | 12.77x |
| 2026-07-20 | 13.13x |
| 2026-07-17 | 13.19x |
| 2026-07-16 | 13.42x |
| 2026-07-15 | 12.91x |
| 2026-07-14 | 12.82x |
| 2026-07-13 | 13.27x |
| 2026-07-10 | 13.08x |
| 2026-07-09 | 13.14x |
| 2026-07-08 | 13.05x |
| 2026-07-07 | 13.52x |
| 2026-07-06 | 13.32x |
| 2026-07-02 | 13.50x |
| 2026-07-01 | 13.20x |
| 2026-06-30 | 12.75x |
| 2026-06-29 | 12.82x |
| 2026-06-26 | 12.84x |
| 2026-06-25 | 12.22x |
| 2026-06-24 | 12.63x |
| 2026-06-23 | 12.69x |
| 2026-06-22 | 12.35x |
| 2026-06-18 | 12.85x |
| 2026-06-17 | 13.17x |
| 2026-06-16 | 13.75x |
| 2026-06-15 | 13.66x |
| 2026-06-12 | 13.64x |
| 2026-06-11 | 13.59x |
| 2026-06-10 | 14.18x |
| 2026-06-09 | 14.94x |
| 2026-06-08 | 15.21x |
| 2026-06-05 | 15.46x |
| 2026-06-04 | 15.67x |
| 2026-06-03 | 15.10x |
| 2026-06-02 | 15.99x |
| 2026-06-01 | 16.46x |
| 2026-05-29 | 15.20x |
| 2026-05-28 | 14.64x |
| 2026-05-27 | 14.52x |
| 2026-05-26 | 14.61x |
| 2026-05-22 | 14.68x |
| 2026-05-21 | 14.71x |
| 2026-05-20 | 15.03x |
| 2026-05-19 | 14.93x |
| 2026-05-18 | 14.56x |
| 2026-05-15 | 14.11x |
| 2026-05-14 | 13.64x |
| 2026-05-13 | 13.35x |
| 2026-05-12 | 13.91x |
| 2026-05-11 | 14.16x |
| 2026-05-08 | 14.48x |
| 2026-05-07 | 14.57x |
| 2026-05-06 | 14.43x |
| 2026-05-05 | 14.37x |
| 2026-05-04 | 14.28x |
| 2026-05-01 | 14.22x |
| 2026-04-30 | 14.11x |
| 2026-04-29 | 14.16x |
| 2026-04-28 | 16.11x |
| 2026-04-27 | 16.11x |
| 2026-04-24 | 16.28x |
| 2026-04-23 | 15.16x |
| 2026-04-22 | 16.16x |
| 2026-04-21 | 16.39x |
| 2026-04-20 | 16.62x |
| 2026-04-17 | 16.83x |
| 2026-04-16 | 16.48x |
| 2026-04-15 | 16.06x |
| 2026-04-14 | 15.58x |
| 2026-04-13 | 15.75x |
| 2026-04-10 | 15.15x |
| 2026-04-09 | 15.28x |
| 2026-04-08 | 15.71x |
| 2026-04-07 | 15.74x |
| 2026-04-06 | 15.89x |
| 2026-04-02 | 15.95x |
| 2026-04-01 | 15.91x |
| 2026-03-31 | 15.90x |
| 2026-03-30 | 15.63x |
| 2026-03-27 | 15.23x |
| 2026-03-26 | 15.52x |
| 2026-03-25 | 15.69x |
| 2026-03-24 | 15.88x |
| 2026-03-23 | 16.55x |
| 2026-03-20 | 16.33x |
| 2026-03-19 | 17.18x |
| 2026-03-18 | 17.07x |
| 2026-03-17 | 17.66x |
| 2026-03-16 | 17.80x |
| 2026-03-13 | 17.64x |
| 2026-03-12 | 17.69x |
| 2026-03-11 | 17.76x |
| 2026-03-10 | 18.19x |
| 2026-03-09 | 18.59x |
| 2026-03-06 | 18.79x |
| 2026-03-05 | 18.53x |
| 2026-03-04 | 18.17x |
| 2026-03-03 | 18.24x |
| 2026-03-02 | 18.21x |
| 2026-02-27 | 18.72x |
| 2026-02-26 | 19.38x |
| 2026-02-25 | 18.75x |
| 2026-02-24 | 18.57x |
| 2026-02-23 | 18.59x |
| 2026-02-20 | 19.17x |
| 2026-02-19 | 18.94x |
| 2026-02-18 | 19.43x |
| 2026-02-17 | 19.06x |
| 2026-02-13 | 19.37x |
| 2026-02-12 | 19.29x |
| 2026-02-11 | 19.18x |
| 2026-02-10 | 20.13x |
| 2026-02-09 | 19.95x |
| 2026-02-06 | 19.25x |
| 2026-02-05 | 18.66x |
| 2026-02-04 | 18.89x |
| 2026-02-03 | 18.65x |
| 2026-02-02 | 19.63x |
| 2026-01-30 | 19.02x |
| 2026-01-29 | 18.94x |
| 2026-01-28 | 22.49x |
| 2026-01-27 | 22.27x |
| 2026-01-26 | 22.86x |
| 2026-01-23 | 21.99x |
| 2026-01-22 | 21.52x |
| 2026-01-21 | 21.40x |
| 2026-01-20 | 21.58x |
| 2026-01-16 | 22.24x |
| 2026-01-15 | 22.46x |
| 2026-01-14 | 22.76x |
| 2026-01-13 | 23.57x |
| 2026-01-12 | 23.74x |
| 2026-01-09 | 23.57x |
| 2026-01-08 | 22.97x |
| 2026-01-07 | 23.20x |
| 2026-01-06 | 22.67x |
| 2026-01-05 | 22.91x |
| 2026-01-02 | 22.57x |
| 2025-12-31 | 23.16x |
| 2025-12-30 | 23.32x |
| 2025-12-29 | 23.47x |
| 2025-12-26 | 23.52x |
| 2025-12-24 | 23.42x |
| 2025-12-23 | 23.36x |
| 2025-12-22 | 23.39x |
| 2025-12-19 | 23.30x |
| 2025-12-18 | 23.30x |
| 2025-12-17 | 23.01x |
| 2025-12-16 | 23.23x |
| 2025-12-15 | 23.31x |
| 2025-12-12 | 23.35x |
| 2025-12-11 | 23.60x |
| 2025-12-10 | 23.45x |
| 2025-12-09 | 23.28x |
| 2025-12-08 | 23.17x |
| 2025-12-05 | 23.59x |
| 2025-12-04 | 23.41x |
| 2025-12-03 | 23.25x |
| 2025-12-02 | 23.04x |
| 2025-12-01 | 23.08x |
| 2025-11-28 | 23.04x |
| 2025-11-26 | 22.87x |
| 2025-11-25 | 22.66x |
| 2025-11-24 | 22.70x |
| 2025-11-21 | 22.55x |
| 2025-11-20 | 22.27x |
| 2025-11-19 | 22.67x |
| 2025-11-18 | 22.67x |
| 2025-11-17 | 22.76x |
| 2025-11-14 | 23.37x |
| 2025-11-13 | 24.04x |
| 2025-11-12 | 24.19x |
| 2025-11-11 | 24.29x |
| 2025-11-10 | 24.03x |
| 2025-11-07 | 24.05x |
| 2025-11-06 | 24.24x |
| 2025-11-05 | 24.95x |
| 2025-11-04 | 24.81x |
| 2025-11-03 | 25.24x |
| 2025-10-31 | 24.85x |
| 2025-10-30 | 24.77x |
| 2025-10-29 | 24.81x |
| 2025-10-28 | 25.84x |
| 2025-10-27 | 28.12x |
| 2025-10-24 | 27.85x |
| 2025-10-23 | 28.77x |
| 2025-10-22 | 28.53x |
| 2025-10-21 | 28.97x |
| 2025-10-20 | 28.71x |
| 2025-10-17 | 28.19x |
| 2025-10-16 | 27.87x |
| 2025-10-15 | 28.06x |
| 2025-10-14 | 27.95x |
| 2025-10-13 | 27.87x |
| 2025-10-10 | 27.43x |
| 2025-10-09 | 28.49x |
| 2025-10-08 | 28.63x |
| 2025-10-07 | 28.29x |
| 2025-10-06 | 28.33x |
| 2025-10-03 | 27.95x |
| 2025-10-02 | 28.09x |
| 2025-10-01 | 27.89x |
| 2025-09-30 | 27.61x |
| 2025-09-29 | 27.26x |
| 2025-09-26 | 27.28x |
| 2025-09-25 | 27.12x |
| 2025-09-24 | 27.78x |
| 2025-09-23 | 27.41x |
| 2025-09-22 | 27.42x |
| 2025-09-19 | 27.58x |
| 2025-09-18 | 27.87x |
| 2025-09-17 | 27.01x |
| 2025-09-16 | 26.20x |
| 2025-09-15 | 26.08x |
| 2025-09-12 | 26.57x |
| 2025-09-11 | 26.68x |
| 2025-09-10 | 26.92x |
| 2025-09-09 | 28.05x |
| 2025-09-08 | 27.93x |
| 2025-09-05 | 27.79x |
| 2025-09-04 | 28.10x |
| 2025-09-03 | 27.99x |
| 2025-09-02 | 27.50x |
| 2025-08-29 | 28.12x |
Showing the most recent 260 of 4,969 data points. The chart above shows the full history.
