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.
The EV/EBITDA ratio is 12.95x as of 2026-09-19T00:15:57.796Z.
Calculation as of: 2026-09-19T00:15:57.796Z.
Quote observation: 2026-09-18T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: de65680092cab60b71fd9ed640ae2b80932b91f8f309ce76800a54abd9ec7a25
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
12.95x
EV/EBITDA RATIO AVG TTM
12.87x
EV/EBITDA RATIO AVG 3Y
11.18x
EV/EBITDA RATIO AVG 5Y
11.07x
EV/EBITDA RATIO AVG 10Y
11.15x
EV/EBITDA RATIO AVG 15Y
11.93x
EV/EBITDA RATIO AVG 20Y
11.83x
CURRENT VS TTM AVG
+0.58%
CURRENT VS 3Y AVG
+15.80%
CURRENT VS 5Y AVG
+16.93%
CURRENT VS 10Y AVG
+16.12%
CURRENT VS 15Y AVG
+8.54%
CURRENT VS 20Y AVG
+9.42%
SECTOR MEDIAN · REAL ESTATE
18.28x
median of 36 covered companies
CURRENT VS SECTOR MEDIAN
-29.16%
vs the sector median at left
Sunstone Hotel Investors, Inc.
Market Cap
$2.06B
EV/EBITDA Ratio
12.95x
TTM Avg
12.87x
3Y Avg
11.18x
5Y Avg
11.07x
Market Cap
$2.47B
EV/EBITDA Ratio
N/A
TTM Avg
139.34x
3Y Avg
139.34x
5Y Avg
139.34x
Market Cap
$3.68B
EV/EBITDA Ratio
8.42x
TTM Avg
10.40x
3Y Avg
10.96x
5Y Avg
13.51x
Market Cap
$6.99B
EV/EBITDA Ratio
23.97x
TTM Avg
24.86x
3Y Avg
24.59x
5Y Avg
25.93x
Market Cap
$8.17B
EV/EBITDA Ratio
18.37x
TTM Avg
19.61x
3Y Avg
19.09x
5Y Avg
19.77x
Market Cap
$8.19B
EV/EBITDA Ratio
21.02x
TTM Avg
22.35x
3Y Avg
20.44x
5Y Avg
20.74x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Sunstone Hotel Investors, Inc. (SHO) | $2.06B | 12.95x | 12.87x | 11.18x | 11.07x |
| Opendoor Technologies Inc. (OPEN)vs › | $2.47B | N/A | 139.34x | 139.34x | 139.34x |
| Fermi Inc. Common Stock (FRMI)vs › | $3.18B | N/A | N/A | N/A | N/A |
| Apple Hospitality REIT, Inc. (APLE)vs › | $3.68B | 8.42x | 10.40x | 10.96x | 13.51x |
| Terreno Realty Corporation (TRNO)vs › | $6.99B | 23.97x | 24.86x | 24.59x | 25.93x |
| NNN REIT, Inc. (NNN)vs › | $7.90B | 14.85x | 15.22x | 15.00x | 15.82x |
| Agree Realty Corporation (ADC)vs › | $8.17B | 18.37x | 19.61x | 19.09x | 19.77x |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.19B | 21.02x | 22.35x | 20.44x | 20.74x |
| CubeSmart (CUBE)vs › | $8.96B | 17.74x | 17.54x | 16.99x | 16.47x |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $9.29B | N/A | 119.38x | 51.00x | 39.84x |
At 12.9, EV/EBITDA is near its estimated 20-year median — higher than 57% 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
5.1
median
12.6
estimated 20-year high
127.7
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 | 12.87x |
| 2026-09-10 | 12.86x |
| 2026-09-09 | 12.88x |
| 2026-09-08 | 12.77x |
| 2026-09-04 | 12.93x |
| 2026-09-03 | 12.89x |
| 2026-09-02 | 12.88x |
| 2026-09-01 | 12.85x |
| 2026-08-31 | 13.02x |
| 2026-08-28 | 13.15x |
| 2026-08-27 | 13.04x |
| 2026-08-26 | 13.07x |
| 2026-08-25 | 13.18x |
| 2026-08-24 | 13.14x |
| 2026-08-21 | 13.12x |
| 2026-08-20 | 13.11x |
| 2026-08-19 | 13.02x |
| 2026-08-18 | 12.93x |
| 2026-08-17 | 12.79x |
| 2026-08-14 | 12.83x |
| 2026-08-13 | 12.79x |
| 2026-08-12 | 12.72x |
| 2026-08-11 | 12.59x |
| 2026-08-10 | 12.72x |
| 2026-08-07 | 12.95x |
| 2026-08-06 | 13.41x |
| 2026-08-05 | 13.74x |
| 2026-08-04 | 13.68x |
| 2026-08-03 | 13.76x |
| 2026-07-31 | 13.82x |
| 2026-07-30 | 13.76x |
| 2026-07-29 | 13.82x |
| 2026-07-28 | 13.82x |
| 2026-07-27 | 13.86x |
| 2026-07-24 | 13.79x |
| 2026-07-23 | 13.71x |
| 2026-07-22 | 13.80x |
| 2026-07-21 | 13.88x |
| 2026-07-20 | 13.83x |
| 2026-07-17 | 13.78x |
| 2026-07-16 | 13.60x |
| 2026-07-15 | 13.61x |
| 2026-07-14 | 13.47x |
| 2026-07-13 | 13.42x |
| 2026-07-10 | 13.35x |
| 2026-07-09 | 13.36x |
| 2026-07-08 | 13.21x |
| 2026-07-07 | 13.33x |
| 2026-07-06 | 13.32x |
| 2026-07-02 | 13.49x |
| 2026-07-01 | 13.31x |
| 2026-06-30 | 13.55x |
| 2026-06-29 | 13.72x |
| 2026-06-26 | 13.94x |
| 2026-06-25 | 13.67x |
| 2026-06-24 | 13.71x |
| 2026-06-23 | 13.79x |
| 2026-06-22 | 13.89x |
| 2026-06-18 | 13.93x |
| 2026-06-17 | 13.79x |
| 2026-06-16 | 13.88x |
| 2026-06-15 | 13.82x |
| 2026-06-12 | 13.77x |
| 2026-06-11 | 13.76x |
| 2026-06-10 | 13.53x |
| 2026-06-09 | 13.66x |
| 2026-06-08 | 13.60x |
| 2026-06-05 | 13.57x |
| 2026-06-04 | 13.59x |
| 2026-06-03 | 13.33x |
| 2026-06-02 | 13.23x |
| 2026-06-01 | 13.16x |
| 2026-05-29 | 13.01x |
| 2026-05-28 | 13.09x |
| 2026-05-27 | 13.06x |
| 2026-05-26 | 13.05x |
| 2026-05-22 | 12.84x |
| 2026-05-21 | 12.92x |
| 2026-05-20 | 12.78x |
| 2026-05-19 | 12.56x |
| 2026-05-18 | 12.66x |
| 2026-05-15 | 12.44x |
| 2026-05-14 | 12.62x |
| 2026-05-13 | 12.52x |
| 2026-05-12 | 12.52x |
| 2026-05-11 | 12.55x |
| 2026-05-08 | 12.73x |
| 2026-05-07 | 12.61x |
| 2026-05-06 | 12.53x |
| 2026-05-05 | 13.01x |
| 2026-05-04 | 12.73x |
| 2026-05-01 | 12.89x |
| 2026-04-30 | 12.83x |
| 2026-04-29 | 12.84x |
| 2026-04-28 | 12.76x |
| 2026-04-27 | 12.71x |
| 2026-04-24 | 12.67x |
| 2026-04-23 | 12.59x |
| 2026-04-22 | 12.55x |
| 2026-04-21 | 12.66x |
| 2026-04-20 | 12.75x |
| 2026-04-17 | 12.68x |
| 2026-04-16 | 12.54x |
| 2026-04-15 | 12.60x |
| 2026-04-14 | 12.76x |
| 2026-04-13 | 12.60x |
| 2026-04-10 | 12.58x |
| 2026-04-09 | 12.50x |
| 2026-04-08 | 12.29x |
| 2026-04-07 | 12.09x |
| 2026-04-06 | 12.11x |
| 2026-04-02 | 12.09x |
| 2026-04-01 | 12.08x |
| 2026-03-31 | 12.09x |
| 2026-03-30 | 12.08x |
| 2026-03-27 | 12.04x |
| 2026-03-26 | 12.31x |
| 2026-03-25 | 12.32x |
| 2026-03-24 | 12.17x |
| 2026-03-23 | 12.19x |
| 2026-03-20 | 11.98x |
| 2026-03-19 | 12.19x |
| 2026-03-18 | 12.13x |
| 2026-03-17 | 12.17x |
| 2026-03-16 | 12.19x |
| 2026-03-13 | 12.02x |
| 2026-03-12 | 12.13x |
| 2026-03-11 | 12.31x |
| 2026-03-10 | 12.35x |
| 2026-03-09 | 12.40x |
| 2026-03-06 | 12.43x |
| 2026-03-05 | 12.61x |
| 2026-03-04 | 12.73x |
| 2026-03-03 | 12.58x |
| 2026-03-02 | 12.53x |
| 2026-02-27 | 12.77x |
| 2026-02-26 | 13.13x |
| 2026-02-25 | 12.86x |
| 2026-02-24 | 12.75x |
| 2026-02-23 | 12.75x |
| 2026-02-20 | 12.88x |
| 2026-02-19 | 12.87x |
| 2026-02-18 | 12.76x |
| 2026-02-17 | 12.83x |
| 2026-02-13 | 12.71x |
| 2026-02-12 | 12.67x |
| 2026-02-11 | 12.77x |
| 2026-02-10 | 12.87x |
| 2026-02-09 | 12.62x |
| 2026-02-06 | 12.65x |
| 2026-02-05 | 12.52x |
| 2026-02-04 | 12.55x |
| 2026-02-03 | 12.30x |
| 2026-02-02 | 12.25x |
| 2026-01-30 | 12.29x |
| 2026-01-29 | 12.47x |
| 2026-01-28 | 12.27x |
| 2026-01-27 | 12.36x |
| 2026-01-26 | 12.53x |
| 2026-01-23 | 12.54x |
| 2026-01-22 | 12.67x |
| 2026-01-21 | 12.73x |
| 2026-01-20 | 12.51x |
| 2026-01-16 | 12.64x |
| 2026-01-15 | 12.67x |
| 2026-01-14 | 12.53x |
| 2026-01-13 | 12.84x |
| 2026-01-12 | 12.74x |
| 2026-01-09 | 12.90x |
| 2026-01-08 | 12.78x |
| 2026-01-07 | 12.70x |
| 2026-01-06 | 12.92x |
| 2026-01-05 | 12.78x |
| 2026-01-02 | 12.63x |
| 2025-12-31 | 12.45x |
| 2025-12-30 | 12.61x |
| 2025-12-29 | 12.62x |
| 2025-12-26 | 12.62x |
| 2025-12-24 | 12.59x |
| 2025-12-23 | 12.54x |
| 2025-12-22 | 12.66x |
| 2025-12-19 | 12.65x |
| 2025-12-18 | 12.60x |
| 2025-12-17 | 12.71x |
| 2025-12-16 | 12.70x |
| 2025-12-15 | 12.77x |
| 2025-12-12 | 12.72x |
| 2025-12-11 | 12.68x |
| 2025-12-10 | 12.60x |
| 2025-12-09 | 12.55x |
| 2025-12-08 | 12.42x |
| 2025-12-05 | 12.44x |
| 2025-12-04 | 12.44x |
| 2025-12-03 | 12.69x |
| 2025-12-02 | 12.58x |
| 2025-12-01 | 12.70x |
| 2025-11-28 | 12.85x |
| 2025-11-26 | 12.88x |
| 2025-11-25 | 12.83x |
| 2025-11-24 | 12.67x |
| 2025-11-21 | 12.56x |
| 2025-11-20 | 12.50x |
| 2025-11-19 | 12.68x |
| 2025-11-18 | 12.63x |
| 2025-11-17 | 12.61x |
| 2025-11-14 | 12.97x |
| 2025-11-13 | 12.91x |
| 2025-11-12 | 12.99x |
| 2025-11-11 | 13.05x |
| 2025-11-10 | 13.32x |
| 2025-11-07 | 13.08x |
| 2025-11-06 | 12.91x |
| 2025-11-05 | 12.73x |
| 2025-11-04 | 12.58x |
| 2025-11-03 | 12.68x |
| 2025-10-31 | 12.50x |
| 2025-10-30 | 12.63x |
| 2025-10-29 | 12.72x |
| 2025-10-28 | 12.69x |
| 2025-10-27 | 12.85x |
| 2025-10-24 | 12.74x |
| 2025-10-23 | 12.78x |
| 2025-10-22 | 12.94x |
| 2025-10-21 | 12.85x |
| 2025-10-20 | 12.89x |
| 2025-10-17 | 12.83x |
| 2025-10-16 | 12.80x |
| 2025-10-15 | 12.98x |
| 2025-10-14 | 12.72x |
| 2025-10-13 | 12.61x |
| 2025-10-10 | 12.46x |
| 2025-10-09 | 12.65x |
| 2025-10-08 | 12.76x |
| 2025-10-07 | 12.76x |
| 2025-10-06 | 12.85x |
| 2025-10-03 | 12.94x |
| 2025-10-02 | 12.96x |
| 2025-10-01 | 12.97x |
| 2025-09-30 | 13.00x |
| 2025-09-29 | 13.18x |
| 2025-09-26 | 13.26x |
| 2025-09-25 | 13.09x |
| 2025-09-24 | 13.26x |
| 2025-09-23 | 13.28x |
| 2025-09-22 | 13.21x |
| 2025-09-19 | 13.39x |
| 2025-09-18 | 13.53x |
| 2025-09-17 | 13.36x |
| 2025-09-16 | 13.38x |
| 2025-09-15 | 13.27x |
| 2025-09-12 | 13.39x |
| 2025-09-11 | 13.05x |
| 2025-09-10 | 12.94x |
| 2025-09-09 | 13.01x |
| 2025-09-08 | 13.06x |
| 2025-09-05 | 13.18x |
| 2025-09-04 | 13.22x |
| 2025-09-03 | 13.11x |
| 2025-09-02 | 12.98x |
| 2025-08-29 | 13.10x |
Showing the most recent 260 of 4,733 data points. The chart above shows the full history.