Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBIT ratio high or low?
The EV/EBIT ratio of 35.26x is 87% below its 5-year average of 269.61x, near the low end of its 5-year range (29.14x–1738.49x).
As of Saturday, August 1, 2026. 28.29% below its 12-month average of 49.17x.
EV/EBIT RATIO
35.26x
EV/EBIT RATIO AVG TTM
49.17x
EV/EBIT RATIO AVG 3Y
80.28x
EV/EBIT RATIO AVG 5Y
109.24x
EV/EBIT RATIO AVG 10Y
N/A
EV/EBIT RATIO AVG 15Y
N/A
EV/EBIT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-28.29%
CURRENT VS 3Y AVG
-56.08%
CURRENT VS 5Y AVG
-67.72%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
19.60x
median of 26 covered companies
CURRENT VS SECTOR MEDIAN
+79.90%
vs the sector median at left
Spotify Technology S.A.
Market Cap
$102.80B
EV/EBIT Ratio
35.26x
TTM Avg
49.17x
3Y Avg
80.28x
5Y Avg
109.24x
Market Cap
$85.47B
EV/EBIT Ratio
118.89x
TTM Avg
146.14x
3Y Avg
216.60x
5Y Avg
216.60x
Market Cap
$85.03B
EV/EBIT Ratio
9.19x
TTM Avg
9.30x
3Y Avg
11.04x
5Y Avg
13.08x
Market Cap
$65.94B
EV/EBIT Ratio
62.70x
TTM Avg
173.03x
3Y Avg
173.03x
5Y Avg
91.97x
Market Cap
$40.52B
EV/EBIT Ratio
26.87x
TTM Avg
32.75x
3Y Avg
30.26x
5Y Avg
31.63x
Market Cap
$167.08B
EV/EBIT Ratio
15.25x
TTM Avg
16.73x
3Y Avg
20.01x
5Y Avg
36.02x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Spotify Technology S.A. (SPOT) | $102.80B | 35.26x | 49.17x | 80.28x | 109.24x |
| DoorDash, Inc. (DASH)vs › | $85.47B | 118.89x | 146.14x | 216.60x | 216.60x |
| Comcast Corporation (CMCSA)vs › | $85.03B | 9.19x | 9.30x | 11.04x | 13.08x |
| Warner Bros. Discovery, Inc. (WBD)vs › | $65.94B | 62.70x | 173.03x | 173.03x | 91.97x |
| AT&T Inc. (T)vs › | $159.44B | 11.83x | 13.52x | 12.46x | 12.46x |
| Live Nation Entertainment, Inc. (LYV)vs › | $40.52B | 26.87x | 32.75x | 30.26x | 31.63x |
| The Walt Disney Company (DIS)vs › | $167.08B | 15.25x | 16.73x | 20.01x | 36.02x |
| Reddit, Inc. (RDDT)vs › | $27.08B | 34.39x | 150.05x | 260.07x | 260.07x |
| Fox Corporation (FOXA)vs › | $25.53B | 8.81x | 9.83x | 9.10x | 8.93x |
| EchoStar Corporation (SATS)vs › | $24.24B | 161.41x | 184.46x | 91.43x | 47.42x |
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-07-31 | 35.26x |
| 2026-07-30 | 36.94x |
| 2026-07-29 | 37.05x |
| 2026-07-28 | 36.12x |
| 2026-07-27 | 34.87x |
| 2026-07-24 | 33.97x |
| 2026-07-23 | 32.95x |
| 2026-07-22 | 33.34x |
| 2026-07-21 | 34.76x |
| 2026-07-20 | 34.69x |
| 2026-07-17 | 33.63x |
| 2026-07-16 | 33.48x |
| 2026-07-15 | 34.17x |
| 2026-07-14 | 33.85x |
| 2026-07-13 | 33.76x |
| 2026-07-10 | 33.75x |
| 2026-07-09 | 34.21x |
| 2026-07-08 | 34.16x |
| 2026-07-07 | 34.81x |
| 2026-07-06 | 34.00x |
| 2026-07-02 | 34.22x |
| 2026-07-01 | 33.21x |
| 2026-06-30 | 32.22x |
| 2026-06-29 | 32.45x |
| 2026-06-26 | 32.28x |
| 2026-06-25 | 30.88x |
| 2026-06-24 | 31.91x |
| 2026-06-23 | 31.95x |
| 2026-06-22 | 32.23x |
| 2026-06-18 | 32.88x |
| 2026-06-17 | 31.95x |
| 2026-06-16 | 33.01x |
| 2026-06-15 | 33.76x |
| 2026-06-12 | 33.92x |
| 2026-06-11 | 34.22x |
| 2026-06-10 | 35.49x |
| 2026-06-09 | 34.98x |
| 2026-06-08 | 35.49x |
| 2026-06-05 | 35.03x |
| 2026-06-04 | 34.78x |
| 2026-06-03 | 34.33x |
| 2026-06-02 | 35.37x |
| 2026-06-01 | 35.84x |
| 2026-05-29 | 35.09x |
| 2026-05-28 | 36.50x |
| 2026-05-27 | 36.22x |
| 2026-05-26 | 37.47x |
| 2026-05-22 | 36.74x |
| 2026-05-21 | 34.51x |
| 2026-05-20 | 30.30x |
| 2026-05-19 | 30.91x |
| 2026-05-18 | 31.17x |
| 2026-05-15 | 30.57x |
| 2026-05-14 | 30.24x |
| 2026-05-13 | 30.12x |
| 2026-05-12 | 30.25x |
| 2026-05-11 | 29.27x |
| 2026-05-08 | 29.14x |
| 2026-05-07 | 29.86x |
| 2026-05-06 | 29.70x |
| 2026-05-05 | 29.27x |
| 2026-05-04 | 30.66x |
| 2026-05-01 | 30.91x |
| 2026-04-30 | 31.28x |
| 2026-04-29 | 31.06x |
| 2026-04-28 | 30.36x |
| 2026-04-27 | 40.19x |
| 2026-04-24 | 42.05x |
| 2026-04-23 | 41.88x |
| 2026-04-22 | 42.46x |
| 2026-04-21 | 42.42x |
| 2026-04-20 | 43.62x |
| 2026-04-17 | 43.61x |
| 2026-04-16 | 43.18x |
| 2026-04-15 | 43.15x |
| 2026-04-14 | 41.49x |
| 2026-04-13 | 40.88x |
| 2026-04-10 | 38.53x |
| 2026-04-09 | 39.42x |
| 2026-04-08 | 39.13x |
| 2026-04-07 | 39.13x |
| 2026-04-06 | 39.24x |
| 2026-04-02 | 39.62x |
| 2026-04-01 | 38.03x |
| 2026-03-31 | 39.28x |
| 2026-03-30 | 38.45x |
| 2026-03-27 | 38.23x |
| 2026-03-26 | 38.71x |
| 2026-03-25 | 38.30x |
| 2026-03-24 | 39.27x |
| 2026-03-23 | 39.90x |
| 2026-03-20 | 38.41x |
| 2026-03-19 | 39.08x |
| 2026-03-18 | 41.94x |
| 2026-03-17 | 42.66x |
| 2026-03-16 | 42.55x |
| 2026-03-13 | 41.89x |
| 2026-03-12 | 41.34x |
| 2026-03-11 | 41.74x |
| 2026-03-10 | 43.08x |
| 2026-03-09 | 44.30x |
| 2026-03-06 | 46.00x |
| 2026-03-05 | 44.91x |
| 2026-03-04 | 43.40x |
| 2026-03-03 | 42.21x |
| 2026-03-02 | 41.15x |
| 2026-02-27 | 41.79x |
| 2026-02-26 | 40.18x |
| 2026-02-25 | 37.46x |
| 2026-02-24 | 37.66x |
| 2026-02-23 | 37.84x |
| 2026-02-20 | 39.75x |
| 2026-02-19 | 39.31x |
| 2026-02-18 | 38.66x |
| 2026-02-17 | 37.43x |
| 2026-02-13 | 37.05x |
| 2026-02-12 | 36.00x |
| 2026-02-11 | 39.47x |
| 2026-02-10 | 38.53x |
| 2026-02-09 | 38.49x |
| 2026-02-06 | 39.24x |
| 2026-02-05 | 38.29x |
| 2026-02-04 | 40.98x |
| 2026-02-03 | 44.22x |
| 2026-02-02 | 47.57x |
| 2026-01-30 | 46.78x |
| 2026-01-29 | 47.12x |
| 2026-01-28 | 47.59x |
| 2026-01-27 | 47.88x |
| 2026-01-26 | 47.96x |
| 2026-01-23 | 48.02x |
| 2026-01-22 | 46.61x |
| 2026-01-21 | 46.95x |
| 2026-01-20 | 47.84x |
| 2026-01-16 | 47.18x |
| 2026-01-15 | 47.52x |
| 2026-01-14 | 49.54x |
| 2026-01-13 | 50.10x |
| 2026-01-12 | 49.65x |
| 2026-01-09 | 50.56x |
| 2026-01-08 | 51.94x |
| 2026-01-07 | 53.49x |
| 2026-01-06 | 53.66x |
| 2026-01-05 | 55.79x |
| 2026-01-02 | 54.01x |
| 2025-12-31 | 54.56x |
| 2025-12-30 | 54.17x |
| 2025-12-29 | 54.61x |
| 2025-12-26 | 54.92x |
| 2025-12-24 | 55.13x |
| 2025-12-23 | 54.44x |
| 2025-12-22 | 54.38x |
| 2025-12-19 | 54.70x |
| 2025-12-18 | 52.93x |
| 2025-12-17 | 53.16x |
| 2025-12-16 | 54.40x |
| 2025-12-15 | 54.22x |
| 2025-12-12 | 56.22x |
| 2025-12-11 | 56.32x |
| 2025-12-10 | 57.34x |
| 2025-12-09 | 55.43x |
| 2025-12-08 | 53.75x |
| 2025-12-05 | 53.03x |
| 2025-12-04 | 52.65x |
| 2025-12-03 | 52.28x |
| 2025-12-02 | 54.18x |
| 2025-12-01 | 54.39x |
| 2025-11-28 | 56.32x |
| 2025-11-26 | 55.72x |
| 2025-11-25 | 55.02x |
| 2025-11-24 | 54.98x |
| 2025-11-21 | 54.84x |
| 2025-11-20 | 55.39x |
| 2025-11-19 | 58.23x |
| 2025-11-18 | 59.96x |
| 2025-11-17 | 60.37x |
| 2025-11-14 | 59.90x |
| 2025-11-13 | 60.82x |
| 2025-11-12 | 61.07x |
| 2025-11-11 | 60.27x |
| 2025-11-10 | 58.65x |
| 2025-11-07 | 58.07x |
| 2025-11-06 | 58.20x |
| 2025-11-05 | 58.37x |
| 2025-11-04 | 59.30x |
| 2025-11-03 | 63.60x |
| 2025-10-31 | 64.73x |
| 2025-10-30 | 64.87x |
| 2025-10-29 | 65.78x |
| 2025-10-28 | 64.54x |
| 2025-10-27 | 64.98x |
| 2025-10-24 | 63.77x |
| 2025-10-23 | 66.61x |
| 2025-10-22 | 66.79x |
| 2025-10-21 | 68.16x |
| 2025-10-20 | 66.78x |
| 2025-10-17 | 66.37x |
| 2025-10-16 | 65.66x |
| 2025-10-15 | 66.35x |
| 2025-10-14 | 67.59x |
| 2025-10-13 | 68.45x |
| 2025-10-10 | 67.77x |
| 2025-10-09 | 66.59x |
| 2025-10-08 | 66.70x |
| 2025-10-07 | 67.28x |
| 2025-10-06 | 67.26x |
| 2025-10-03 | 67.28x |
| 2025-10-02 | 70.00x |
| 2025-10-01 | 69.33x |
| 2025-09-30 | 69.05x |
| 2025-09-29 | 72.14x |
| 2025-09-26 | 70.93x |
| 2025-09-25 | 70.53x |
| 2025-09-24 | 70.13x |
| 2025-09-23 | 71.17x |
| 2025-09-22 | 73.16x |
| 2025-09-19 | 72.79x |
| 2025-09-18 | 72.71x |
| 2025-09-17 | 69.99x |
| 2025-09-16 | 69.67x |
| 2025-09-15 | 69.57x |
| 2025-09-12 | 68.89x |
| 2025-09-11 | 68.28x |
| 2025-09-10 | 69.67x |
| 2025-09-09 | 71.20x |
| 2025-09-08 | 71.11x |
| 2025-09-05 | 69.99x |
| 2025-09-04 | 69.65x |
| 2025-09-03 | 68.99x |
| 2025-09-02 | 68.21x |
| 2025-08-29 | 67.42x |
| 2025-08-28 | 68.02x |
| 2025-08-27 | 68.55x |
| 2025-08-26 | 68.90x |
| 2025-08-25 | 68.73x |
| 2025-08-22 | 68.55x |
| 2025-08-21 | 68.19x |
| 2025-08-20 | 69.64x |
| 2025-08-19 | 71.22x |
| 2025-08-18 | 72.10x |
| 2025-08-15 | 72.58x |
| 2025-08-14 | 69.11x |
| 2025-08-13 | 68.75x |
| 2025-08-12 | 68.18x |
| 2025-08-11 | 68.17x |
| 2025-08-08 | 69.85x |
| 2025-08-07 | 67.91x |
| 2025-08-06 | 65.90x |
| 2025-08-05 | 63.89x |
| 2025-08-04 | 65.06x |
| 2025-08-01 | 61.88x |
| 2025-07-31 | 61.82x |
| 2025-07-30 | 64.24x |
| 2025-07-29 | 61.16x |
| 2025-07-28 | 78.59x |
| 2025-07-25 | 77.68x |
| 2025-07-24 | 76.34x |
| 2025-07-23 | 75.55x |
| 2025-07-22 | 75.69x |
| 2025-07-21 | 79.26x |
Showing the most recent 260 of 826 data points. The chart above shows the full history.