Basis: Latest stored market observation. 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 9.05x is in line with its 5-year average of 9.07x, near the low end of its 5-year range (4.78x–24.11x).
As of Friday, August 7, 2026. 0.61% below its 12-month average of 9.11x.
EV/EBITDA RATIO
9.05x
EV/EBITDA RATIO AVG TTM
9.11x
EV/EBITDA RATIO AVG 3Y
8.85x
EV/EBITDA RATIO AVG 5Y
7.75x
EV/EBITDA RATIO AVG 10Y
8.76x
EV/EBITDA RATIO AVG 15Y
8.20x
EV/EBITDA RATIO AVG 20Y
7.76x
CURRENT VS TTM AVG
-0.61%
CURRENT VS 3Y AVG
+2.26%
CURRENT VS 5Y AVG
+16.74%
CURRENT VS 10Y AVG
+3.31%
CURRENT VS 15Y AVG
+10.31%
CURRENT VS 20Y AVG
+16.66%
SECTOR MEDIAN · UTILITIES
12.97x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-30.25%
vs the sector median at left
Market Cap
$8.31B
EV/EBITDA Ratio
13.20x
TTM Avg
12.35x
3Y Avg
10.80x
5Y Avg
10.38x
Market Cap
$5.66B
EV/EBITDA Ratio
12.30x
TTM Avg
11.82x
3Y Avg
11.28x
5Y Avg
12.04x
Market Cap
$10.10B
EV/EBITDA Ratio
14.20x
TTM Avg
13.45x
3Y Avg
11.59x
5Y Avg
9.93x
Market Cap
$10.49B
EV/EBITDA Ratio
11.06x
TTM Avg
12.12x
3Y Avg
11.49x
5Y Avg
11.01x
Market Cap
$3.25B
EV/EBITDA Ratio
9.95x
TTM Avg
10.20x
3Y Avg
10.61x
5Y Avg
11.35x
Market Cap
$2.43B
EV/EBITDA Ratio
N/A
TTM Avg
39.51x
3Y Avg
39.51x
5Y Avg
39.51x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| UGI Corporation (UGI) | $7.37B | 9.05x | 9.11x | 8.85x | 7.75x |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 13.20x | 12.35x | 10.80x | 10.38x |
| Oklo Inc. (OKLO)vs › | $8.47B | N/A | N/A | N/A | N/A |
| Black Hills Corporation (BKH)vs › | $5.66B | 12.30x | 11.82x | 11.28x | 12.04x |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.10B | 14.20x | 13.45x | 11.59x | 9.93x |
| The AES Corporation (AES)vs › | $10.49B | 11.06x | 12.12x | 11.49x | 11.01x |
| Avista Corporation (AVA)vs › | $3.25B | 9.95x | 10.20x | 10.61x | 11.35x |
| NuScale Power Corporation (SMR)vs › | $2.92B | N/A | N/A | N/A | N/A |
| Fluence Energy, Inc. (FLNC)vs › | $2.43B | N/A | 39.51x | 39.51x | 39.51x |
| Pinnacle West Capital Corporation (PNW)vs › | $12.34B | 7.52x | 12.41x | 11.74x | 11.44x |
At 9.1, EV/EBITDA is richer than usual, sitting higher than 77% of its 20-year history.
20-year low
4.8
median
7.8
20-year high
24.1
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 |
|---|---|
| 2026-08-06 | 9.05x |
| 2026-08-05 | 9.24x |
| 2026-08-04 | 9.34x |
| 2026-08-03 | 9.35x |
| 2026-07-31 | 9.32x |
| 2026-07-30 | 9.33x |
| 2026-07-29 | 9.41x |
| 2026-07-28 | 9.44x |
| 2026-07-27 | 9.43x |
| 2026-07-24 | 9.49x |
| 2026-07-23 | 9.44x |
| 2026-07-22 | 9.42x |
| 2026-07-21 | 9.37x |
| 2026-07-20 | 9.41x |
| 2026-07-17 | 9.39x |
| 2026-07-16 | 9.42x |
| 2026-07-15 | 9.33x |
| 2026-07-14 | 9.35x |
| 2026-07-13 | 9.35x |
| 2026-07-10 | 9.28x |
| 2026-07-09 | 9.31x |
| 2026-07-08 | 9.24x |
| 2026-07-07 | 9.20x |
| 2026-07-06 | 9.15x |
| 2026-07-02 | 9.18x |
| 2026-07-01 | 9.06x |
| 2026-06-30 | 9.09x |
| 2026-06-29 | 9.14x |
| 2026-06-26 | 9.22x |
| 2026-06-25 | 9.18x |
| 2026-06-24 | 9.14x |
| 2026-06-23 | 9.12x |
| 2026-06-22 | 8.98x |
| 2026-06-18 | 8.98x |
| 2026-06-17 | 8.96x |
| 2026-06-16 | 9.05x |
| 2026-06-15 | 9.06x |
| 2026-06-12 | 9.16x |
| 2026-06-11 | 9.12x |
| 2026-06-10 | 9.13x |
| 2026-06-09 | 9.09x |
| 2026-06-08 | 9.11x |
| 2026-06-05 | 9.14x |
| 2026-06-04 | 9.06x |
| 2026-06-03 | 9.09x |
| 2026-06-02 | 9.04x |
| 2026-06-01 | 8.95x |
| 2026-05-29 | 9.15x |
| 2026-05-28 | 9.10x |
| 2026-05-27 | 9.18x |
| 2026-05-26 | 9.28x |
| 2026-05-22 | 9.25x |
| 2026-05-21 | 9.28x |
| 2026-05-20 | 9.17x |
| 2026-05-19 | 9.14x |
| 2026-05-18 | 9.09x |
| 2026-05-15 | 9.01x |
| 2026-05-14 | 9.02x |
| 2026-05-13 | 8.90x |
| 2026-05-12 | 8.87x |
| 2026-05-11 | 8.79x |
| 2026-05-08 | 8.77x |
| 2026-05-07 | 8.77x |
| 2026-05-06 | 8.73x |
| 2026-05-05 | 8.74x |
| 2026-05-04 | 8.70x |
| 2026-05-01 | 8.77x |
| 2026-04-30 | 8.87x |
| 2026-04-29 | 9.07x |
| 2026-04-28 | 9.09x |
| 2026-04-27 | 9.02x |
| 2026-04-24 | 8.98x |
| 2026-04-23 | 9.02x |
| 2026-04-22 | 8.87x |
| 2026-04-21 | 8.92x |
| 2026-04-20 | 8.96x |
| 2026-04-17 | 8.96x |
| 2026-04-16 | 9.01x |
| 2026-04-15 | 9.00x |
| 2026-04-14 | 9.02x |
| 2026-04-13 | 9.07x |
| 2026-04-10 | 9.12x |
| 2026-04-09 | 9.18x |
| 2026-04-08 | 9.10x |
| 2026-04-07 | 8.99x |
| 2026-04-06 | 8.89x |
| 2026-04-02 | 8.96x |
| 2026-04-01 | 8.86x |
| 2026-03-31 | 8.91x |
| 2026-03-30 | 8.95x |
| 2026-03-27 | 8.94x |
| 2026-03-26 | 8.94x |
| 2026-03-25 | 8.91x |
| 2026-03-24 | 8.93x |
| 2026-03-23 | 8.85x |
| 2026-03-20 | 8.77x |
| 2026-03-19 | 8.97x |
| 2026-03-18 | 8.90x |
| 2026-03-17 | 8.90x |
| 2026-03-16 | 8.90x |
| 2026-03-13 | 9.01x |
| 2026-03-12 | 8.97x |
| 2026-03-11 | 9.01x |
| 2026-03-10 | 8.89x |
| 2026-03-09 | 8.95x |
| 2026-03-06 | 8.95x |
| 2026-03-05 | 8.95x |
| 2026-03-04 | 8.94x |
| 2026-03-03 | 9.00x |
| 2026-03-02 | 9.06x |
| 2026-02-27 | 9.04x |
| 2026-02-26 | 9.05x |
| 2026-02-25 | 9.02x |
| 2026-02-24 | 9.05x |
| 2026-02-23 | 9.05x |
| 2026-02-20 | 9.16x |
| 2026-02-19 | 9.18x |
| 2026-02-18 | 9.14x |
| 2026-02-17 | 9.20x |
| 2026-02-13 | 9.23x |
| 2026-02-12 | 9.16x |
| 2026-02-11 | 9.14x |
| 2026-02-10 | 9.08x |
| 2026-02-09 | 9.03x |
| 2026-02-06 | 9.00x |
| 2026-02-05 | 9.10x |
| 2026-02-04 | 9.68x |
| 2026-02-03 | 9.63x |
| 2026-02-02 | 9.65x |
| 2026-01-30 | 9.64x |
| 2026-01-29 | 9.71x |
| 2026-01-28 | 9.71x |
| 2026-01-27 | 9.62x |
| 2026-01-26 | 9.60x |
| 2026-01-23 | 9.48x |
| 2026-01-22 | 9.43x |
| 2026-01-21 | 9.37x |
| 2026-01-20 | 9.25x |
| 2026-01-16 | 9.30x |
| 2026-01-15 | 9.29x |
| 2026-01-14 | 9.26x |
| 2026-01-13 | 9.24x |
| 2026-01-12 | 9.26x |
| 2026-01-09 | 9.24x |
| 2026-01-08 | 9.26x |
| 2026-01-07 | 9.20x |
| 2026-01-06 | 9.27x |
| 2026-01-05 | 9.33x |
| 2026-01-02 | 9.31x |
| 2025-12-31 | 9.29x |
| 2025-12-30 | 9.33x |
| 2025-12-29 | 9.37x |
| 2025-12-26 | 9.38x |
| 2025-12-24 | 9.42x |
| 2025-12-23 | 9.40x |
| 2025-12-22 | 9.45x |
| 2025-12-19 | 9.38x |
| 2025-12-18 | 9.43x |
| 2025-12-17 | 9.40x |
| 2025-12-16 | 9.38x |
| 2025-12-15 | 9.39x |
| 2025-12-12 | 9.39x |
| 2025-12-11 | 9.37x |
| 2025-12-10 | 9.31x |
| 2025-12-09 | 9.33x |
| 2025-12-08 | 9.33x |
| 2025-12-05 | 9.30x |
| 2025-12-04 | 9.28x |
| 2025-12-03 | 9.32x |
| 2025-12-02 | 9.38x |
| 2025-12-01 | 9.55x |
| 2025-11-28 | 9.57x |
| 2025-11-26 | 9.50x |
| 2025-11-25 | 9.47x |
| 2025-11-24 | 9.44x |
| 2025-11-21 | 9.31x |
| 2025-11-20 | 9.14x |
| 2025-11-19 | 9.09x |
| 2025-11-18 | 9.11x |
| 2025-11-17 | 9.08x |
| 2025-11-14 | 9.09x |
| 2025-11-13 | 9.11x |
| 2025-11-12 | 9.06x |
| 2025-11-11 | 9.06x |
| 2025-11-10 | 9.01x |
| 2025-11-07 | 8.97x |
| 2025-11-06 | 8.94x |
| 2025-11-05 | 8.94x |
| 2025-11-04 | 8.94x |
| 2025-11-03 | 8.91x |
| 2025-10-31 | 8.90x |
| 2025-10-30 | 8.90x |
| 2025-10-29 | 8.87x |
| 2025-10-28 | 8.92x |
| 2025-10-27 | 8.98x |
| 2025-10-24 | 8.94x |
| 2025-10-23 | 8.88x |
| 2025-10-22 | 8.89x |
| 2025-10-21 | 8.92x |
| 2025-10-20 | 8.81x |
| 2025-10-17 | 8.76x |
| 2025-10-16 | 8.72x |
| 2025-10-15 | 8.78x |
| 2025-10-14 | 8.68x |
| 2025-10-13 | 8.67x |
| 2025-10-10 | 8.67x |
| 2025-10-09 | 8.69x |
| 2025-10-08 | 8.75x |
| 2025-10-07 | 8.74x |
| 2025-10-06 | 8.75x |
| 2025-10-03 | 8.79x |
| 2025-10-02 | 8.76x |
| 2025-10-01 | 8.91x |
| 2025-09-30 | 8.88x |
| 2025-09-29 | 8.86x |
| 2025-09-26 | 8.87x |
| 2025-09-25 | 8.79x |
| 2025-09-24 | 8.82x |
| 2025-09-23 | 8.83x |
| 2025-09-22 | 8.81x |
| 2025-09-19 | 8.83x |
| 2025-09-18 | 8.84x |
| 2025-09-17 | 8.82x |
| 2025-09-16 | 8.86x |
| 2025-09-15 | 8.99x |
| 2025-09-12 | 9.08x |
| 2025-09-11 | 9.09x |
| 2025-09-10 | 9.03x |
| 2025-09-09 | 9.01x |
| 2025-09-08 | 9.02x |
| 2025-09-05 | 9.06x |
| 2025-09-04 | 9.04x |
| 2025-09-03 | 8.98x |
| 2025-09-02 | 9.01x |
| 2025-08-29 | 9.07x |
| 2025-08-28 | 9.06x |
| 2025-08-27 | 9.12x |
| 2025-08-26 | 9.09x |
| 2025-08-25 | 9.13x |
| 2025-08-22 | 9.16x |
| 2025-08-21 | 9.09x |
| 2025-08-20 | 9.10x |
| 2025-08-19 | 9.05x |
| 2025-08-18 | 9.06x |
| 2025-08-15 | 9.15x |
| 2025-08-14 | 9.22x |
| 2025-08-13 | 9.25x |
| 2025-08-12 | 9.15x |
| 2025-08-11 | 9.14x |
| 2025-08-08 | 9.13x |
| 2025-08-07 | 9.18x |
| 2025-08-06 | 8.50x |
| 2025-08-05 | 8.53x |
| 2025-08-04 | 8.59x |
| 2025-08-01 | 8.49x |
| 2025-07-31 | 8.50x |
| 2025-07-30 | 8.45x |
| 2025-07-29 | 8.45x |
| 2025-07-28 | 8.44x |
| 2025-07-25 | 8.49x |
Showing the most recent 260 of 4,844 data points. The chart above shows the full history.
