Basis: Current FMP quote-based enterprise value / four-quarter revenue. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 2.51x is 47% above its estimated 5-year average of 1.70x, near the high end of its estimated 5-year range (1.07x–2.88x).
As of 2026-09-18T00:00:54.004Z. 21.50% above its estimated 12-month average of 2.07x.
Calculation as of: 2026-09-18T00:00:54.004Z.
Quote observation: 2026-09-17T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d50febdd5d98ae785e2f152d2774bd702bc92e67209e5d3e69440d439dd43b81
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 2026-09-09.
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/SALES RATIO
2.51x
EV/SALES RATIO AVG TTM
2.07x
EV/SALES RATIO AVG 3Y
1.53x
EV/SALES RATIO AVG 5Y
1.70x
EV/SALES RATIO AVG 10Y
2.22x
EV/SALES RATIO AVG 15Y
2.11x
EV/SALES RATIO AVG 20Y
2.41x
CURRENT VS TTM AVG
+21.50%
CURRENT VS 3Y AVG
+64.06%
CURRENT VS 5Y AVG
+47.28%
CURRENT VS 10Y AVG
+13.22%
CURRENT VS 15Y AVG
+19.15%
CURRENT VS 20Y AVG
+4.25%
SECTOR MEDIAN · ENERGY
2.63x
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
-4.74%
vs the sector median at left
Market Cap
$27.70B
EV/Sales Ratio
6.57x
TTM Avg
6.19x
3Y Avg
5.45x
5Y Avg
4.74x
Market Cap
$23.95B
EV/Sales Ratio
26.42x
TTM Avg
31.92x
3Y Avg
30.27x
5Y Avg
27.13x
Market Cap
$20.45B
EV/Sales Ratio
1.75x
TTM Avg
2.47x
3Y Avg
2.88x
5Y Avg
2.34x
Market Cap
$40.42B
EV/Sales Ratio
16.16x
TTM Avg
17.72x
3Y Avg
13.29x
5Y Avg
11.02x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tenaris S.A. (TS) | $30.33B | 2.51x | 2.07x | 1.53x | 1.70x |
| EQT Corporation (EQT)vs › | $31.49B | 3.99x | 4.62x | 5.09x | 3.92x |
| Halliburton Company (HAL)vs › | $28.43B | 1.55x | 1.53x | 1.50x | 1.74x |
| Pembina Pipeline Corporation (PBA)vs › | $27.70B | 6.57x | 6.19x | 5.45x | 4.74x |
| Venture Global, Inc. (VG)vs › | $35.21B | 4.41x | 5.12x | 6.61x | 6.61x |
| Texas Pacific Land Corporation (TPL)vs › | $23.95B | 26.42x | 31.92x | 30.27x | 27.13x |
| First Solar, Inc. (FSLR)vs › | $21.62B | 3.74x | 4.62x | 4.93x | 4.94x |
| Expand Energy Corporation (EXE)vs › | $20.45B | 1.75x | 2.47x | 2.88x | 2.34x |
| Cameco Corporation (CCJ)vs › | $40.42B | 16.16x | 17.72x | 13.29x | 11.02x |
| APA Corporation (APA)vs › | $16.07B | 2.21x | 1.70x | 1.66x | 1.84x |
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/SALES RATIO |
|---|---|
| 2026-09-09 | 2.41x |
| 2026-09-08 | 2.38x |
| 2026-09-04 | 2.36x |
| 2026-09-03 | 2.35x |
| 2026-09-02 | 2.34x |
| 2026-09-01 | 2.36x |
| 2026-08-31 | 2.33x |
| 2026-08-28 | 2.25x |
| 2026-08-27 | 2.27x |
| 2026-08-26 | 2.25x |
| 2026-08-25 | 2.28x |
| 2026-08-24 | 2.23x |
| 2026-08-21 | 2.20x |
| 2026-08-20 | 2.20x |
| 2026-08-19 | 2.22x |
| 2026-08-18 | 2.21x |
| 2026-08-17 | 2.23x |
| 2026-08-14 | 2.24x |
| 2026-08-13 | 2.20x |
| 2026-08-12 | 2.22x |
| 2026-08-11 | 2.23x |
| 2026-08-10 | 2.27x |
| 2026-08-07 | 2.21x |
| 2026-08-06 | 2.23x |
| 2026-08-05 | 2.38x |
| 2026-08-04 | 2.42x |
| 2026-08-03 | 2.39x |
| 2026-07-31 | 2.40x |
| 2026-07-30 | 2.37x |
| 2026-07-29 | 2.33x |
| 2026-07-28 | 2.32x |
| 2026-07-27 | 2.36x |
| 2026-07-24 | 2.41x |
| 2026-07-23 | 2.40x |
| 2026-07-22 | 2.44x |
| 2026-07-21 | 2.38x |
| 2026-07-20 | 2.34x |
| 2026-07-17 | 2.39x |
| 2026-07-16 | 2.33x |
| 2026-07-15 | 2.38x |
| 2026-07-14 | 2.35x |
| 2026-07-13 | 2.33x |
| 2026-07-10 | 2.32x |
| 2026-07-09 | 2.29x |
| 2026-07-08 | 2.30x |
| 2026-07-07 | 2.26x |
| 2026-07-06 | 2.24x |
| 2026-07-02 | 2.26x |
| 2026-07-01 | 2.26x |
| 2026-06-30 | 2.32x |
| 2026-06-29 | 2.34x |
| 2026-06-26 | 2.34x |
| 2026-06-25 | 2.40x |
| 2026-06-24 | 2.36x |
| 2026-06-23 | 2.43x |
| 2026-06-22 | 2.43x |
| 2026-06-18 | 2.39x |
| 2026-06-17 | 2.47x |
| 2026-06-16 | 2.52x |
| 2026-06-15 | 2.58x |
| 2026-06-12 | 2.63x |
| 2026-06-11 | 2.59x |
| 2026-06-10 | 2.57x |
| 2026-06-09 | 2.57x |
| 2026-06-08 | 2.63x |
| 2026-06-05 | 2.57x |
| 2026-06-04 | 2.68x |
| 2026-06-03 | 2.68x |
| 2026-06-02 | 2.67x |
| 2026-06-01 | 2.62x |
| 2026-05-29 | 2.55x |
| 2026-05-28 | 2.51x |
| 2026-05-27 | 2.54x |
| 2026-05-26 | 2.62x |
| 2026-05-22 | 2.58x |
| 2026-05-21 | 2.59x |
| 2026-05-20 | 2.54x |
| 2026-05-19 | 2.55x |
| 2026-05-18 | 2.60x |
| 2026-05-15 | 2.59x |
| 2026-05-14 | 2.63x |
| 2026-05-13 | 2.66x |
| 2026-05-12 | 2.62x |
| 2026-05-11 | 2.59x |
| 2026-05-08 | 2.50x |
| 2026-02-19 | 2.44x |
| 2026-02-18 | 2.26x |
| 2026-02-17 | 2.24x |
| 2026-02-13 | 2.21x |
| 2026-02-12 | 2.14x |
| 2026-02-11 | 2.21x |
| 2026-02-10 | 2.15x |
| 2026-02-09 | 2.16x |
| 2026-02-06 | 2.13x |
| 2026-02-05 | 2.09x |
| 2026-02-04 | 2.11x |
| 2026-02-03 | 2.10x |
| 2026-02-02 | 2.03x |
| 2026-01-30 | 2.01x |
| 2026-01-29 | 2.05x |
| 2026-01-28 | 2.02x |
| 2026-01-27 | 2.04x |
| 2026-01-26 | 2.00x |
| 2026-01-23 | 2.02x |
| 2026-01-22 | 2.02x |
| 2026-01-21 | 2.01x |
| 2026-01-20 | 1.92x |
| 2026-01-16 | 1.90x |
| 2026-01-15 | 1.88x |
| 2026-01-14 | 1.93x |
| 2026-01-13 | 1.90x |
| 2026-01-12 | 1.83x |
| 2026-01-09 | 1.81x |
| 2026-01-08 | 1.84x |
| 2026-01-07 | 1.79x |
| 2026-01-06 | 1.83x |
| 2026-01-05 | 1.84x |
| 2026-01-02 | 1.77x |
| 2025-12-31 | 1.75x |
| 2025-12-30 | 1.76x |
| 2025-12-29 | 1.75x |
| 2025-12-26 | 1.74x |
| 2025-12-24 | 1.74x |
| 2025-12-23 | 1.74x |
| 2025-12-22 | 1.73x |
| 2025-12-19 | 1.71x |
| 2025-12-18 | 1.73x |
| 2025-12-17 | 1.82x |
| 2025-12-16 | 1.79x |
| 2025-12-15 | 1.83x |
| 2025-12-12 | 1.83x |
| 2025-12-11 | 1.85x |
| 2025-12-10 | 1.85x |
| 2025-12-09 | 1.84x |
| 2025-12-08 | 1.85x |
| 2025-12-05 | 1.86x |
| 2025-12-04 | 1.88x |
| 2025-12-03 | 1.87x |
| 2025-12-02 | 1.81x |
| 2025-12-01 | 1.84x |
| 2025-11-28 | 1.83x |
| 2025-11-26 | 1.81x |
| 2025-11-25 | 1.80x |
| 2025-11-24 | 1.80x |
| 2025-11-21 | 1.81x |
| 2025-11-20 | 1.80x |
| 2025-11-19 | 1.83x |
| 2025-11-18 | 1.83x |
| 2025-11-17 | 1.83x |
| 2025-11-14 | 1.85x |
| 2025-11-13 | 1.86x |
| 2025-11-12 | 1.86x |
| 2025-11-11 | 1.88x |
| 2025-11-10 | 1.86x |
| 2025-11-07 | 1.84x |
| 2025-11-06 | 1.85x |
| 2025-11-05 | 1.82x |
| 2025-11-04 | 1.81x |
| 2025-11-03 | 1.85x |
| 2025-10-31 | 1.81x |
| 2025-10-30 | 1.81x |
| 2025-10-29 | 1.73x |
| 2025-10-28 | 1.71x |
| 2025-10-27 | 1.69x |
| 2025-10-24 | 1.62x |
| 2025-10-23 | 1.67x |
| 2025-10-22 | 1.61x |
| 2025-10-21 | 1.57x |
| 2025-10-20 | 1.58x |
| 2025-10-17 | 1.56x |
| 2025-10-16 | 1.56x |
| 2025-10-15 | 1.56x |
| 2025-10-14 | 1.56x |
| 2025-10-13 | 1.55x |
| 2025-10-10 | 1.53x |
| 2025-10-09 | 1.61x |
| 2025-10-08 | 1.65x |
| 2025-10-07 | 1.65x |
| 2025-10-06 | 1.64x |
| 2025-10-03 | 1.65x |
| 2025-10-02 | 1.63x |
| 2025-10-01 | 1.68x |
| 2025-09-30 | 1.63x |
| 2025-09-29 | 1.62x |
| 2025-09-26 | 1.61x |
| 2025-09-25 | 1.58x |
| 2025-09-24 | 1.58x |
| 2025-09-23 | 1.60x |
| 2025-09-22 | 1.58x |
| 2025-09-19 | 1.59x |
| 2025-09-18 | 1.60x |
| 2025-09-17 | 1.61x |
| 2025-09-16 | 1.65x |
| 2025-09-15 | 1.63x |
| 2025-09-12 | 1.63x |
| 2025-09-11 | 1.64x |
| 2025-09-10 | 1.62x |
| 2025-09-09 | 1.60x |
| 2025-09-08 | 1.59x |
| 2025-09-05 | 1.59x |
| 2025-09-04 | 1.63x |
| 2025-09-03 | 1.59x |
| 2025-09-02 | 1.62x |
| 2025-08-29 | 1.65x |
| 2025-08-28 | 1.66x |
| 2025-08-27 | 1.64x |
| 2025-08-26 | 1.64x |
| 2025-08-25 | 1.64x |
| 2025-08-22 | 1.66x |
| 2025-08-21 | 1.63x |
| 2025-08-20 | 1.62x |
| 2025-08-19 | 1.63x |
| 2025-08-18 | 1.63x |
| 2025-08-15 | 1.62x |
| 2025-08-14 | 1.64x |
| 2025-08-13 | 1.64x |
| 2025-08-12 | 1.64x |
| 2025-08-11 | 1.61x |
| 2025-08-08 | 1.63x |
| 2025-08-07 | 1.61x |
| 2025-08-06 | 1.61x |
| 2025-08-05 | 1.63x |
| 2025-08-04 | 1.58x |
| 2025-08-01 | 1.58x |
| 2025-07-31 | 1.59x |
| 2025-07-30 | 1.69x |
| 2025-07-29 | 1.74x |
| 2025-07-28 | 1.73x |
| 2025-07-25 | 1.73x |
| 2025-07-24 | 1.74x |
| 2025-07-23 | 1.77x |
| 2025-07-22 | 1.72x |
| 2025-07-21 | 1.68x |
| 2025-07-18 | 1.67x |
| 2025-07-17 | 1.68x |
| 2025-07-16 | 1.70x |
| 2025-07-15 | 1.70x |
| 2025-07-14 | 1.74x |
| 2025-07-11 | 1.76x |
| 2025-07-10 | 1.73x |
| 2025-07-09 | 1.76x |
| 2025-07-08 | 1.77x |
| 2025-07-07 | 1.73x |
| 2025-07-03 | 1.75x |
| 2025-07-02 | 1.76x |
| 2025-07-01 | 1.68x |
| 2025-06-30 | 1.65x |
| 2025-06-27 | 1.63x |
| 2025-06-26 | 1.61x |
| 2025-06-25 | 1.57x |
| 2025-06-24 | 1.58x |
| 2025-06-23 | 1.58x |
| 2025-06-20 | 1.61x |
| 2025-06-18 | 1.61x |
| 2025-06-17 | 1.63x |
| 2025-06-16 | 1.60x |
| 2025-06-13 | 1.59x |
| 2025-06-12 | 1.59x |
| 2025-06-11 | 1.60x |
| 2025-06-10 | 1.60x |
Showing the most recent 260 of 4,853 data points. The chart above shows the full history.
