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 32.62x is 11% below its estimated 5-year average of 36.62x, near the low end of its estimated 5-year range (21.74x–68.57x).
As of 2026-09-26T00:16:11.190Z. 22.12% below its estimated 12-month average of 41.88x.
Calculation as of: 2026-09-26T00:16:11.190Z.
Quote observation: 2026-09-25T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 1455ec06f80d49cd5aa68b705cd80c3aa63adf075df890c399d76f9a88c64272
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
32.62x
EV/EBITDA RATIO AVG TTM
41.88x
EV/EBITDA RATIO AVG 3Y
35.75x
EV/EBITDA RATIO AVG 5Y
36.62x
EV/EBITDA RATIO AVG 10Y
35.96x
EV/EBITDA RATIO AVG 15Y
30.53x
EV/EBITDA RATIO AVG 20Y
26.53x
CURRENT VS TTM AVG
-22.12%
CURRENT VS 3Y AVG
-8.77%
CURRENT VS 5Y AVG
-10.92%
CURRENT VS 10Y AVG
-9.30%
CURRENT VS 15Y AVG
+6.84%
CURRENT VS 20Y AVG
+22.94%
SECTOR MEDIAN · HEALTHCARE
15.91x
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+105.03%
vs the sector median at left
Bio-Techne Corporation
Market Cap
$11.37B
EV/EBITDA Ratio
32.62x
TTM Avg
41.88x
3Y Avg
35.75x
5Y Avg
36.62x
Market Cap
$10.83B
EV/EBITDA Ratio
5.91x
TTM Avg
6.69x
3Y Avg
8.06x
5Y Avg
8.14x
Market Cap
$10.80B
EV/EBITDA Ratio
N/A
TTM Avg
16.33x
3Y Avg
19.19x
5Y Avg
21.30x
Market Cap
$12.08B
EV/EBITDA Ratio
28.86x
TTM Avg
23.82x
3Y Avg
21.21x
5Y Avg
20.49x
Market Cap
$10.51B
EV/EBITDA Ratio
N/A
TTM Avg
13.95x
3Y Avg
19.97x
5Y Avg
24.45x
Market Cap
$12.25B
EV/EBITDA Ratio
10.24x
TTM Avg
10.14x
3Y Avg
8.83x
5Y Avg
8.79x
Market Cap
$10.26B
EV/EBITDA Ratio
28.61x
TTM Avg
21.83x
3Y Avg
19.73x
5Y Avg
21.57x
Market Cap
$10.21B
EV/EBITDA Ratio
20.96x
TTM Avg
24.45x
3Y Avg
24.03x
5Y Avg
21.66x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bio-Techne Corporation (TECH) | $11.37B | 32.62x | 41.88x | 35.75x | 36.62x |
| DaVita Inc. (DVA)vs › | $11.46B | 7.65x | 8.95x | 9.09x | 9.15x |
| Universal Health Services, Inc. (UHS)vs › | $10.83B | 5.91x | 6.69x | 8.06x | 8.14x |
| The Cooper Companies, Inc. (COO)vs › | $10.80B | N/A | 16.33x | 19.19x | 21.30x |
| Baxter International Inc. (BAX)vs › | $12.08B | 28.86x | 23.82x | 21.21x | 20.49x |
| Align Technology, Inc. (ALGN)vs › | $10.51B | N/A | 13.95x | 19.97x | 24.45x |
| Encompass Health Corporation (EHC)vs › | $12.25B | 10.24x | 10.14x | 8.83x | 8.79x |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $10.26B | 28.61x | 21.83x | 19.73x | 21.57x |
| The Ensign Group, Inc. (ENSG)vs › | $10.21B | 20.96x | 24.45x | 24.03x | 21.66x |
| Penumbra, Inc. (PEN)vs › | $12.56B | 61.46x | 62.00x | 205.21x | 263.52x |
At 32.6, EV/EBITDA is above its estimated 20-year median — higher than 68% 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
10.0
median
22.0
estimated 20-year high
70.0
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 | 32.49x |
| 2026-09-10 | 32.47x |
| 2026-09-09 | 32.55x |
| 2026-09-08 | 32.58x |
| 2026-09-04 | 32.63x |
| 2026-09-03 | 32.64x |
| 2026-09-02 | 32.57x |
| 2026-09-01 | 32.52x |
| 2026-08-31 | 32.58x |
| 2026-08-28 | 32.60x |
| 2026-08-27 | 32.65x |
| 2026-08-26 | 32.61x |
| 2026-08-25 | 32.59x |
| 2026-08-24 | 45.03x |
| 2026-08-21 | 44.99x |
| 2026-08-20 | 44.96x |
| 2026-08-19 | 45.09x |
| 2026-08-18 | 44.93x |
| 2026-08-17 | 45.03x |
| 2026-08-14 | 45.04x |
| 2026-08-13 | 44.90x |
| 2026-08-12 | 44.93x |
| 2026-08-11 | 44.88x |
| 2026-08-10 | 44.86x |
| 2026-08-07 | 44.97x |
| 2026-08-06 | 44.73x |
| 2026-08-05 | 44.79x |
| 2026-08-04 | 44.85x |
| 2026-08-03 | 44.88x |
| 2026-07-31 | 44.85x |
| 2026-07-30 | 44.81x |
| 2026-07-29 | 44.81x |
| 2026-07-28 | 44.83x |
| 2026-07-27 | 44.56x |
| 2026-07-24 | 44.54x |
| 2026-07-23 | 44.65x |
| 2026-07-22 | 44.65x |
| 2026-07-21 | 44.56x |
| 2026-07-20 | 44.57x |
| 2026-07-17 | 44.86x |
| 2026-07-16 | 44.65x |
| 2026-07-15 | 44.47x |
| 2026-07-14 | 44.31x |
| 2026-07-13 | 44.39x |
| 2026-07-10 | 44.36x |
| 2026-07-09 | 44.27x |
| 2026-07-08 | 44.15x |
| 2026-07-07 | 43.93x |
| 2026-07-06 | 44.12x |
| 2026-07-02 | 44.07x |
| 2026-07-01 | 44.17x |
| 2026-06-30 | 43.96x |
| 2026-06-29 | 44.11x |
| 2026-06-26 | 44.17x |
| 2026-06-25 | 43.99x |
| 2026-06-24 | 36.69x |
| 2026-06-23 | 35.07x |
| 2026-06-22 | 34.67x |
| 2026-06-18 | 36.11x |
| 2026-06-17 | 34.29x |
| 2026-06-16 | 34.93x |
| 2026-06-15 | 35.01x |
| 2026-06-12 | 33.67x |
| 2026-06-11 | 33.68x |
| 2026-06-10 | 32.75x |
| 2026-06-09 | 33.93x |
| 2026-06-08 | 32.84x |
| 2026-06-05 | 32.43x |
| 2026-06-04 | 33.17x |
| 2026-06-03 | 31.73x |
| 2026-06-02 | 31.06x |
| 2026-06-01 | 31.69x |
| 2026-05-29 | 32.24x |
| 2026-05-28 | 31.72x |
| 2026-05-27 | 30.02x |
| 2026-05-26 | 29.95x |
| 2026-05-22 | 30.10x |
| 2026-05-21 | 29.58x |
| 2026-05-20 | 29.16x |
| 2026-05-19 | 28.40x |
| 2026-05-18 | 27.76x |
| 2026-05-15 | 27.06x |
| 2026-05-14 | 27.95x |
| 2026-05-13 | 28.04x |
| 2026-05-12 | 29.61x |
| 2026-05-11 | 29.61x |
| 2026-05-08 | 30.19x |
| 2026-05-07 | 31.76x |
| 2026-05-06 | 34.53x |
| 2026-05-05 | 41.13x |
| 2026-05-04 | 39.75x |
| 2026-05-01 | 39.95x |
| 2026-04-30 | 40.16x |
| 2026-04-29 | 37.76x |
| 2026-04-28 | 38.87x |
| 2026-04-27 | 40.01x |
| 2026-04-24 | 39.36x |
| 2026-04-23 | 37.94x |
| 2026-04-22 | 42.48x |
| 2026-04-21 | 43.25x |
| 2026-04-20 | 43.90x |
| 2026-04-17 | 42.94x |
| 2026-04-16 | 41.61x |
| 2026-04-15 | 42.41x |
| 2026-04-14 | 42.54x |
| 2026-04-13 | 41.73x |
| 2026-04-10 | 40.32x |
| 2026-04-09 | 40.34x |
| 2026-04-08 | 40.08x |
| 2026-04-07 | 39.10x |
| 2026-04-06 | 39.08x |
| 2026-04-02 | 38.60x |
| 2026-04-01 | 38.85x |
| 2026-03-31 | 37.98x |
| 2026-03-30 | 37.83x |
| 2026-03-27 | 37.05x |
| 2026-03-26 | 38.30x |
| 2026-03-25 | 38.29x |
| 2026-03-24 | 38.10x |
| 2026-03-23 | 37.80x |
| 2026-03-20 | 37.43x |
| 2026-03-19 | 37.51x |
| 2026-03-18 | 36.95x |
| 2026-03-17 | 37.13x |
| 2026-03-16 | 35.53x |
| 2026-03-13 | 36.98x |
| 2026-03-12 | 37.42x |
| 2026-03-11 | 38.95x |
| 2026-03-10 | 38.38x |
| 2026-03-09 | 39.84x |
| 2026-03-06 | 39.14x |
| 2026-03-05 | 40.57x |
| 2026-03-04 | 41.96x |
| 2026-03-03 | 41.35x |
| 2026-03-02 | 41.94x |
| 2026-02-27 | 42.78x |
| 2026-02-26 | 42.01x |
| 2026-02-25 | 41.97x |
| 2026-02-24 | 41.78x |
| 2026-02-23 | 39.76x |
| 2026-02-20 | 41.72x |
| 2026-02-19 | 42.24x |
| 2026-02-18 | 43.01x |
| 2026-02-17 | 42.42x |
| 2026-02-13 | 43.44x |
| 2026-02-12 | 43.16x |
| 2026-02-11 | 45.94x |
| 2026-02-10 | 46.90x |
| 2026-02-09 | 47.39x |
| 2026-02-06 | 48.31x |
| 2026-02-05 | 47.66x |
| 2026-02-04 | 50.86x |
| 2026-02-03 | 47.93x |
| 2026-02-02 | 48.38x |
| 2026-01-30 | 47.54x |
| 2026-01-29 | 47.46x |
| 2026-01-28 | 48.61x |
| 2026-01-27 | 50.54x |
| 2026-01-26 | 50.11x |
| 2026-01-23 | 50.49x |
| 2026-01-22 | 51.57x |
| 2026-01-21 | 52.82x |
| 2026-01-20 | 51.51x |
| 2026-01-16 | 50.86x |
| 2026-01-15 | 51.79x |
| 2026-01-14 | 50.66x |
| 2026-01-13 | 49.19x |
| 2026-01-12 | 49.33x |
| 2026-01-09 | 48.71x |
| 2026-01-08 | 47.90x |
| 2026-01-07 | 48.24x |
| 2026-01-06 | 48.40x |
| 2026-01-05 | 46.78x |
| 2026-01-02 | 44.33x |
| 2025-12-31 | 43.72x |
| 2025-12-30 | 43.95x |
| 2025-12-29 | 44.03x |
| 2025-12-26 | 44.02x |
| 2025-12-24 | 44.00x |
| 2025-12-23 | 44.04x |
| 2025-12-22 | 43.83x |
| 2025-12-19 | 43.33x |
| 2025-12-18 | 42.48x |
| 2025-12-17 | 42.40x |
| 2025-12-16 | 42.73x |
| 2025-12-15 | 43.63x |
| 2025-12-12 | 43.50x |
| 2025-12-11 | 44.77x |
| 2025-12-10 | 45.18x |
| 2025-12-09 | 43.73x |
| 2025-12-08 | 44.79x |
| 2025-12-05 | 45.80x |
| 2025-12-04 | 47.14x |
| 2025-12-03 | 47.35x |
| 2025-12-02 | 46.72x |
| 2025-12-01 | 47.30x |
| 2025-11-28 | 47.85x |
| 2025-11-26 | 47.93x |
| 2025-11-25 | 48.82x |
| 2025-11-24 | 47.11x |
| 2025-11-21 | 45.69x |
| 2025-11-20 | 43.66x |
| 2025-11-19 | 43.00x |
| 2025-11-18 | 43.24x |
| 2025-11-17 | 43.58x |
| 2025-11-14 | 44.13x |
| 2025-11-13 | 45.13x |
| 2025-11-12 | 45.60x |
| 2025-11-11 | 43.99x |
| 2025-11-10 | 42.74x |
| 2025-11-07 | 42.71x |
| 2025-11-06 | 43.27x |
| 2025-11-05 | 45.33x |
| 2025-11-04 | 46.19x |
| 2025-11-03 | 46.30x |
| 2025-10-31 | 47.26x |
| 2025-10-30 | 46.08x |
| 2025-10-29 | 46.86x |
| 2025-10-28 | 48.27x |
| 2025-10-27 | 48.50x |
| 2025-10-24 | 49.72x |
| 2025-10-23 | 49.83x |
| 2025-10-22 | 48.16x |
| 2025-10-21 | 47.92x |
| 2025-10-20 | 47.24x |
| 2025-10-17 | 46.74x |
| 2025-10-16 | 46.55x |
| 2025-10-15 | 45.07x |
| 2025-10-14 | 44.84x |
| 2025-10-13 | 45.12x |
| 2025-10-10 | 44.39x |
| 2025-10-09 | 45.30x |
| 2025-10-08 | 45.79x |
| 2025-10-07 | 44.78x |
| 2025-10-06 | 46.79x |
| 2025-10-03 | 47.54x |
| 2025-10-02 | 46.91x |
| 2025-10-01 | 45.32x |
| 2025-09-30 | 42.17x |
| 2025-09-29 | 39.67x |
| 2025-09-26 | 39.39x |
| 2025-09-25 | 38.39x |
| 2025-09-24 | 38.93x |
| 2025-09-23 | 40.18x |
| 2025-09-22 | 40.27x |
| 2025-09-19 | 40.35x |
| 2025-09-18 | 40.23x |
| 2025-09-17 | 39.15x |
| 2025-09-16 | 39.34x |
| 2025-09-15 | 39.23x |
| 2025-09-12 | 38.96x |
| 2025-09-11 | 40.39x |
| 2025-09-10 | 38.74x |
| 2025-09-09 | 41.12x |
| 2025-09-08 | 41.05x |
| 2025-09-05 | 41.27x |
| 2025-09-04 | 40.18x |
| 2025-09-03 | 40.49x |
| 2025-09-02 | 40.55x |
| 2025-08-29 | 41.44x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
