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 7.45x is in line with its estimated 5-year average of 7.72x, near the low end of its estimated 5-year range (4.78x–25.67x).
As of 2026-09-14T16:01:34.515Z. 3.46% below its estimated 12-month average of 7.72x.
Calculation as of: 2026-09-14T16:01:34.515Z.
Quote observation: 2026-09-14T16:00:19.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ae012bbea2bf0ddc9aabcdfd16964b1a4e4c369ddaac811ab686192f3d25a49b
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/EBITDA RATIO
7.45x
EV/EBITDA RATIO AVG TTM
7.72x
EV/EBITDA RATIO AVG 3Y
6.71x
EV/EBITDA RATIO AVG 5Y
7.72x
EV/EBITDA RATIO AVG 10Y
6.34x
EV/EBITDA RATIO AVG 15Y
7.04x
EV/EBITDA RATIO AVG 20Y
7.19x
CURRENT VS TTM AVG
-3.46%
CURRENT VS 3Y AVG
+11.09%
CURRENT VS 5Y AVG
-3.52%
CURRENT VS 10Y AVG
+17.47%
CURRENT VS 15Y AVG
+5.82%
CURRENT VS 20Y AVG
+3.64%
SECTOR MEDIAN · INDUSTRIALS
16.77x
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
-55.58%
vs the sector median at left
United Airlines Holdings, Inc.
Market Cap
$35.13B
EV/EBITDA Ratio
7.45x
TTM Avg
7.72x
3Y Avg
6.71x
5Y Avg
7.72x
Market Cap
$33.08B
EV/EBITDA Ratio
15.72x
TTM Avg
18.14x
3Y Avg
15.62x
5Y Avg
13.66x
Market Cap
$37.79B
EV/EBITDA Ratio
20.66x
TTM Avg
22.31x
3Y Avg
21.36x
5Y Avg
20.61x
Market Cap
$39.47B
EV/EBITDA Ratio
216.17x
TTM Avg
634.12x
3Y Avg
415.88x
5Y Avg
347.77x
Market Cap
$29.81B
EV/EBITDA Ratio
10.77x
TTM Avg
9.52x
3Y Avg
9.52x
5Y Avg
9.52x
Market Cap
$40.97B
EV/EBITDA Ratio
17.09x
TTM Avg
19.67x
3Y Avg
21.45x
5Y Avg
21.06x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Airlines Holdings, Inc. (UAL) | $35.13B | 7.45x | 7.72x | 6.71x | 7.72x |
| Rocket Lab USA, Inc. (RKLB)vs › | $36.45B | N/A | N/A | N/A | N/A |
| EMCOR Group, Inc. (EME)vs › | $33.08B | 15.72x | 18.14x | 15.62x | 13.66x |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $37.79B | 20.66x | 22.31x | 21.36x | 20.61x |
| Axon Enterprise, Inc. (AXON)vs › | $39.47B | 216.17x | 634.12x | 415.88x | 347.77x |
| Ferrovial SE (FER)vs › | $39.57B | 18.62x | 22.27x | 22.27x | 22.27x |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $29.81B | 10.77x | 9.52x | 9.52x | 9.52x |
| Waste Connections, Inc. (WCN)vs › | $40.97B | 17.09x | 19.67x | 21.45x | 21.06x |
| Copart, Inc. (CPRT)vs › | $29.20B | 14.65x | 16.38x | 24.01x | 23.25x |
| Paychex, Inc. (PAYX)vs › | $42.09B | 15.43x | 16.07x | 18.94x | 20.00x |
At 7.5, EV/EBITDA is near its estimated 20-year median — higher than 62% 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
3.4
median
6.7
estimated 20-year high
204.7
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 |
|---|---|
| 2026-09-09 | 7.43x |
| 2026-09-08 | 7.48x |
| 2026-09-04 | 7.61x |
| 2026-09-03 | 7.50x |
| 2026-09-02 | 7.48x |
| 2026-09-01 | 7.33x |
| 2026-08-31 | 7.47x |
| 2026-08-28 | 7.58x |
| 2026-08-27 | 7.65x |
| 2026-08-26 | 7.75x |
| 2026-08-25 | 7.86x |
| 2026-08-24 | 7.70x |
| 2026-08-21 | 7.68x |
| 2026-08-20 | 7.62x |
| 2026-08-19 | 7.79x |
| 2026-08-18 | 7.91x |
| 2026-08-17 | 8.06x |
| 2026-08-14 | 8.19x |
| 2026-08-13 | 8.23x |
| 2026-08-12 | 8.18x |
| 2026-08-11 | 8.23x |
| 2026-08-10 | 8.12x |
| 2026-08-07 | 8.36x |
| 2026-08-06 | 8.34x |
| 2026-08-05 | 8.50x |
| 2026-08-04 | 8.49x |
| 2026-08-03 | 8.31x |
| 2026-07-31 | 8.02x |
| 2026-07-30 | 8.11x |
| 2026-07-29 | 7.94x |
| 2026-07-28 | 8.12x |
| 2026-07-27 | 7.99x |
| 2026-07-24 | 7.89x |
| 2026-07-23 | 7.77x |
| 2026-07-22 | 7.85x |
| 2026-07-21 | 7.87x |
| 2026-07-20 | 7.86x |
| 2026-07-17 | 7.78x |
| 2026-07-16 | 7.67x |
| 2026-07-15 | 7.76x |
| 2026-07-14 | 7.74x |
| 2026-07-13 | 7.77x |
| 2026-07-10 | 7.97x |
| 2026-07-09 | 8.09x |
| 2026-07-08 | 7.97x |
| 2026-07-07 | 8.06x |
| 2026-07-06 | 8.23x |
| 2026-07-02 | 8.26x |
| 2026-07-01 | 8.33x |
| 2026-06-30 | 8.37x |
| 2026-06-29 | 8.34x |
| 2026-06-26 | 8.37x |
| 2026-06-25 | 8.31x |
| 2026-06-24 | 8.15x |
| 2026-06-23 | 7.78x |
| 2026-06-22 | 7.67x |
| 2026-06-18 | 7.65x |
| 2026-06-17 | 7.55x |
| 2026-06-16 | 7.66x |
| 2026-06-15 | 7.72x |
| 2026-06-12 | 7.54x |
| 2026-06-11 | 7.42x |
| 2026-06-10 | 7.02x |
| 2026-06-09 | 7.30x |
| 2026-06-08 | 7.13x |
| 2026-06-05 | 7.14x |
| 2026-06-04 | 7.11x |
| 2026-06-03 | 7.12x |
| 2026-06-02 | 7.27x |
| 2026-06-01 | 7.39x |
| 2026-05-29 | 7.51x |
| 2026-05-28 | 7.52x |
| 2026-05-27 | 7.42x |
| 2026-05-26 | 7.15x |
| 2026-05-22 | 6.91x |
| 2026-05-21 | 6.90x |
| 2026-05-20 | 6.83x |
| 2026-05-19 | 6.47x |
| 2026-05-18 | 6.61x |
| 2026-05-15 | 6.62x |
| 2026-05-14 | 6.75x |
| 2026-05-13 | 6.74x |
| 2026-05-12 | 6.74x |
| 2026-05-11 | 6.78x |
| 2026-05-08 | 6.90x |
| 2026-05-07 | 6.90x |
| 2026-05-06 | 6.91x |
| 2026-05-05 | 6.66x |
| 2026-05-04 | 6.51x |
| 2026-05-01 | 6.61x |
| 2026-04-30 | 6.51x |
| 2026-04-29 | 6.45x |
| 2026-04-28 | 6.52x |
| 2026-04-27 | 6.58x |
| 2026-04-24 | 6.63x |
| 2026-04-23 | 6.56x |
| 2026-04-22 | 7.20x |
| 2026-04-21 | 7.43x |
| 2026-04-20 | 7.51x |
| 2026-04-17 | 7.63x |
| 2026-04-16 | 7.34x |
| 2026-04-15 | 7.31x |
| 2026-04-14 | 7.43x |
| 2026-04-13 | 7.35x |
| 2026-04-10 | 7.40x |
| 2026-04-09 | 7.45x |
| 2026-04-08 | 7.40x |
| 2026-04-07 | 7.10x |
| 2026-04-06 | 7.17x |
| 2026-04-02 | 7.22x |
| 2026-04-01 | 7.34x |
| 2026-03-31 | 7.21x |
| 2026-03-30 | 6.92x |
| 2026-03-27 | 7.06x |
| 2026-03-26 | 7.24x |
| 2026-03-25 | 7.25x |
| 2026-03-24 | 7.28x |
| 2026-03-23 | 7.30x |
| 2026-03-20 | 7.12x |
| 2026-03-19 | 7.30x |
| 2026-03-18 | 7.23x |
| 2026-03-17 | 7.26x |
| 2026-03-16 | 7.14x |
| 2026-03-13 | 6.98x |
| 2026-03-12 | 6.98x |
| 2026-03-11 | 7.16x |
| 2026-03-10 | 7.17x |
| 2026-03-09 | 7.32x |
| 2026-03-06 | 7.21x |
| 2026-03-05 | 7.36x |
| 2026-03-04 | 7.57x |
| 2026-03-03 | 7.66x |
| 2026-03-02 | 7.69x |
| 2026-02-27 | 7.82x |
| 2026-02-26 | 8.26x |
| 2026-02-25 | 8.10x |
| 2026-02-24 | 8.09x |
| 2026-02-23 | 7.86x |
| 2026-02-20 | 8.11x |
| 2026-02-19 | 7.98x |
| 2026-02-18 | 8.28x |
| 2026-02-17 | 8.15x |
| 2026-02-13 | 7.95x |
| 2026-02-12 | 8.45x |
| 2026-02-11 | 8.65x |
| 2026-02-10 | 8.75x |
| 2026-02-09 | 8.74x |
| 2026-02-06 | 8.73x |
| 2026-02-05 | 8.32x |
| 2026-02-04 | 8.46x |
| 2026-02-03 | 8.52x |
| 2026-02-02 | 8.37x |
| 2026-01-30 | 8.16x |
| 2026-01-29 | 8.23x |
| 2026-01-28 | 8.27x |
| 2026-01-27 | 8.23x |
| 2026-01-26 | 8.39x |
| 2026-01-23 | 8.39x |
| 2026-01-22 | 8.50x |
| 2026-01-21 | 8.52x |
| 2026-01-20 | 8.42x |
| 2026-01-16 | 8.63x |
| 2026-01-15 | 8.73x |
| 2026-01-14 | 8.51x |
| 2026-01-13 | 8.67x |
| 2026-01-12 | 8.70x |
| 2026-01-09 | 8.79x |
| 2026-01-08 | 8.71x |
| 2026-01-07 | 8.76x |
| 2026-01-06 | 8.80x |
| 2026-01-05 | 8.69x |
| 2026-01-02 | 8.61x |
| 2025-12-31 | 8.56x |
| 2025-12-30 | 8.54x |
| 2025-12-29 | 8.54x |
| 2025-12-26 | 8.65x |
| 2025-12-24 | 8.68x |
| 2025-12-23 | 8.63x |
| 2025-12-22 | 8.73x |
| 2025-12-19 | 8.65x |
| 2025-12-18 | 8.60x |
| 2025-12-17 | 8.49x |
| 2025-12-16 | 8.58x |
| 2025-12-15 | 8.38x |
| 2025-12-12 | 8.35x |
| 2025-12-11 | 8.41x |
| 2025-12-10 | 8.39x |
| 2025-12-09 | 8.30x |
| 2025-12-08 | 8.25x |
| 2025-12-05 | 8.27x |
| 2025-12-04 | 8.26x |
| 2025-12-03 | 8.42x |
| 2025-12-02 | 8.24x |
| 2025-12-01 | 8.11x |
| 2025-11-28 | 8.14x |
| 2025-11-26 | 8.13x |
| 2025-11-25 | 8.01x |
| 2025-11-24 | 7.88x |
| 2025-11-21 | 7.73x |
| 2025-11-20 | 7.64x |
| 2025-11-19 | 7.69x |
| 2025-11-18 | 7.72x |
| 2025-11-17 | 7.64x |
| 2025-11-14 | 7.85x |
| 2025-11-13 | 7.94x |
| 2025-11-12 | 8.06x |
| 2025-11-11 | 7.85x |
| 2025-11-10 | 7.90x |
| 2025-11-07 | 7.95x |
| 2025-11-06 | 7.88x |
| 2025-11-05 | 7.92x |
| 2025-11-04 | 7.67x |
| 2025-11-03 | 7.90x |
| 2025-10-31 | 7.81x |
| 2025-10-30 | 7.78x |
| 2025-10-29 | 7.89x |
| 2025-10-28 | 7.85x |
| 2025-10-27 | 8.01x |
| 2025-10-24 | 8.03x |
| 2025-10-23 | 7.88x |
| 2025-10-22 | 7.90x |
| 2025-10-21 | 8.06x |
| 2025-10-20 | 8.11x |
| 2025-10-17 | 8.02x |
| 2025-10-16 | 6.99x |
| 2025-10-15 | 7.23x |
| 2025-10-14 | 7.19x |
| 2025-10-13 | 7.03x |
| 2025-10-10 | 6.93x |
| 2025-10-09 | 7.12x |
| 2025-10-08 | 6.98x |
| 2025-10-07 | 6.92x |
| 2025-10-06 | 6.94x |
| 2025-10-03 | 6.87x |
| 2025-10-02 | 6.85x |
| 2025-10-01 | 6.78x |
| 2025-09-30 | 6.92x |
| 2025-09-29 | 7.01x |
| 2025-09-26 | 6.98x |
| 2025-09-25 | 7.03x |
| 2025-09-24 | 7.12x |
| 2025-09-23 | 7.23x |
| 2025-09-22 | 7.23x |
| 2025-09-19 | 7.32x |
| 2025-09-18 | 7.28x |
| 2025-09-17 | 7.29x |
| 2025-09-16 | 7.24x |
| 2025-09-15 | 7.25x |
| 2025-09-12 | 7.33x |
| 2025-09-11 | 7.45x |
| 2025-09-10 | 7.37x |
| 2025-09-09 | 7.29x |
| 2025-09-08 | 7.38x |
| 2025-09-05 | 7.33x |
| 2025-09-04 | 7.31x |
| 2025-09-03 | 7.32x |
| 2025-09-02 | 7.25x |
| 2025-08-29 | 7.27x |
| 2025-08-28 | 7.27x |
| 2025-08-27 | 7.24x |
Showing the most recent 260 of 4,376 data points. The chart above shows the full history.
