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 21.27x is 131% above its estimated 5-year average of 9.20x, near the low end of its estimated 5-year range (4.07x–79.93x).
As of 2026-09-24T21:46:09.210Z. 45.78% above its estimated 12-month average of 14.59x.
Calculation as of: 2026-09-24T21:46:09.210Z.
Quote observation: 2026-09-24T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d449912409ffa79a4a10f96f85bbb5afdb26b31419f05348b92aafa40032e103
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
21.27x
EV/EBITDA RATIO AVG TTM
14.59x
EV/EBITDA RATIO AVG 3Y
9.37x
EV/EBITDA RATIO AVG 5Y
9.20x
EV/EBITDA RATIO AVG 10Y
8.86x
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+45.78%
CURRENT VS 3Y AVG
+126.95%
CURRENT VS 5Y AVG
+131.25%
CURRENT VS 10Y AVG
+140.12%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
12.51x
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
+70.02%
vs the sector median at left
Market Cap
$45.80B
EV/EBITDA Ratio
14.63x
TTM Avg
13.71x
3Y Avg
12.10x
5Y Avg
11.98x
Market Cap
$43.45B
EV/EBITDA Ratio
13.37x
TTM Avg
14.13x
3Y Avg
12.87x
5Y Avg
13.02x
Market Cap
$41.42B
EV/EBITDA Ratio
10.25x
TTM Avg
10.95x
3Y Avg
10.99x
5Y Avg
10.64x
Market Cap
$53.12B
EV/EBITDA Ratio
15.35x
TTM Avg
14.96x
3Y Avg
14.20x
5Y Avg
15.64x
Market Cap
$37.85B
EV/EBITDA Ratio
12.33x
TTM Avg
12.59x
3Y Avg
12.55x
5Y Avg
12.26x
Market Cap
$33.17B
EV/EBITDA Ratio
13.79x
TTM Avg
14.34x
3Y Avg
14.20x
5Y Avg
52.57x
Market Cap
$33.02B
EV/EBITDA Ratio
10.00x
TTM Avg
10.45x
3Y Avg
10.78x
5Y Avg
11.22x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vistra Corp. (VST) | $46.51B | 21.27x | 14.59x | 9.37x | 9.20x |
| Entergy Corporation (ETR)vs › | $45.80B | 14.63x | 13.71x | 12.10x | 11.98x |
| Xcel Energy Inc. (XEL)vs › | $43.45B | 13.37x | 14.13x | 12.87x | 13.02x |
| Sempra (SRE)vs › | $50.82B | 14.18x | 16.26x | 15.89x | 15.24x |
| Exelon Corporation (EXC)vs › | $41.42B | 10.25x | 10.95x | 10.99x | 10.64x |
| Dominion Energy, Inc. (D)vs › | $53.12B | 15.35x | 14.96x | 14.20x | 15.64x |
| Consolidated Edison, Inc. (ED)vs › | $37.85B | 12.33x | 12.59x | 12.55x | 12.26x |
| Public Service Enterprise Group Incorporated (PEG)vs › | $33.17B | 13.79x | 14.34x | 14.20x | 52.57x |
| PG&E Corporation (PCG)vs › | $33.02B | 10.00x | 10.45x | 10.78x | 11.22x |
| WEC Energy Group, Inc. (WEC)vs › | $32.87B | 14.09x | 15.12x | 14.71x | 15.10x |
At 21.3, EV/EBITDA is above its estimated 10-year median — higher than 89% of readings in its estimated 10-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 10-year low
4.1
median
8.1
estimated 10-year high
79.9
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 | 22.83x |
| 2026-09-08 | 22.89x |
| 2026-09-04 | 22.63x |
| 2026-09-03 | 22.07x |
| 2026-09-02 | 21.99x |
| 2026-09-01 | 21.40x |
| 2026-08-31 | 21.32x |
| 2026-08-28 | 21.29x |
| 2026-08-27 | 21.59x |
| 2026-08-26 | 21.61x |
| 2026-08-25 | 21.50x |
| 2026-08-24 | 21.13x |
| 2026-08-21 | 21.19x |
| 2026-08-20 | 21.49x |
| 2026-08-19 | 21.91x |
| 2026-08-18 | 21.67x |
| 2026-08-17 | 22.28x |
| 2026-08-14 | 22.50x |
| 2026-08-13 | 22.31x |
| 2026-08-12 | 22.34x |
| 2026-08-11 | 22.15x |
| 2026-08-10 | 21.92x |
| 2026-08-07 | 20.32x |
| 2026-08-06 | 20.40x |
| 2026-08-05 | 20.32x |
| 2026-08-04 | 20.59x |
| 2026-08-03 | 21.90x |
| 2026-07-31 | 21.10x |
| 2026-07-30 | 21.15x |
| 2026-07-29 | 20.55x |
| 2026-07-28 | 21.15x |
| 2026-07-27 | 22.02x |
| 2026-07-24 | 22.67x |
| 2026-07-23 | 23.24x |
| 2026-07-22 | 23.01x |
| 2026-07-21 | 22.56x |
| 2026-07-20 | 22.11x |
| 2026-07-17 | 21.85x |
| 2026-07-16 | 21.55x |
| 2026-07-15 | 22.34x |
| 2026-07-14 | 22.16x |
| 2026-07-13 | 22.13x |
| 2026-07-10 | 22.20x |
| 2026-07-09 | 22.11x |
| 2026-07-08 | 21.79x |
| 2026-07-07 | 21.88x |
| 2026-07-06 | 22.03x |
| 2026-07-02 | 21.40x |
| 2026-07-01 | 21.61x |
| 2026-06-30 | 22.18x |
| 2026-06-29 | 22.56x |
| 2026-06-26 | 22.68x |
| 2026-06-25 | 23.12x |
| 2026-06-24 | 22.62x |
| 2026-06-23 | 22.57x |
| 2026-06-22 | 23.07x |
| 2026-06-18 | 22.71x |
| 2026-06-17 | 22.20x |
| 2026-06-16 | 22.18x |
| 2026-06-15 | 21.65x |
| 2026-06-12 | 21.09x |
| 2026-06-11 | 20.92x |
| 2026-06-10 | 20.11x |
| 2026-06-09 | 20.90x |
| 2026-06-08 | 20.97x |
| 2026-06-05 | 21.16x |
| 2026-06-04 | 21.67x |
| 2026-06-03 | 21.68x |
| 2026-06-02 | 22.11x |
| 2026-06-01 | 21.78x |
| 2026-05-29 | 22.34x |
| 2026-05-28 | 22.35x |
| 2026-05-27 | 22.34x |
| 2026-05-26 | 22.79x |
| 2026-05-22 | 21.94x |
| 2026-05-21 | 21.19x |
| 2026-05-20 | 20.67x |
| 2026-05-19 | 19.71x |
| 2026-05-18 | 19.92x |
| 2026-05-15 | 20.23x |
| 2026-05-14 | 20.45x |
| 2026-05-13 | 20.53x |
| 2026-05-12 | 20.97x |
| 2026-05-11 | 21.50x |
| 2026-05-08 | 21.05x |
| 2026-05-07 | 18.01x |
| 2026-05-06 | 18.38x |
| 2026-05-05 | 18.56x |
| 2026-05-04 | 18.60x |
| 2026-05-01 | 18.12x |
| 2026-04-30 | 18.34x |
| 2026-04-29 | 18.00x |
| 2026-04-28 | 18.62x |
| 2026-04-27 | 19.08x |
| 2026-04-24 | 18.89x |
| 2026-04-23 | 18.26x |
| 2026-04-22 | 18.17x |
| 2026-04-21 | 18.09x |
| 2026-04-20 | 18.49x |
| 2026-04-17 | 18.82x |
| 2026-04-16 | 18.99x |
| 2026-04-15 | 18.77x |
| 2026-04-14 | 18.86x |
| 2026-04-13 | 18.37x |
| 2026-04-10 | 18.08x |
| 2026-04-09 | 17.91x |
| 2026-04-08 | 18.17x |
| 2026-04-07 | 17.99x |
| 2026-04-06 | 17.81x |
| 2026-04-02 | 17.77x |
| 2026-04-01 | 18.01x |
| 2026-03-31 | 17.70x |
| 2026-03-30 | 17.46x |
| 2026-03-27 | 18.14x |
| 2026-03-26 | 17.87x |
| 2026-03-25 | 17.80x |
| 2026-03-24 | 17.90x |
| 2026-03-23 | 17.78x |
| 2026-03-20 | 17.33x |
| 2026-03-19 | 19.15x |
| 2026-03-18 | 19.39x |
| 2026-03-17 | 18.89x |
| 2026-03-16 | 18.69x |
| 2026-03-13 | 18.43x |
| 2026-03-12 | 18.49x |
| 2026-03-11 | 18.45x |
| 2026-03-10 | 18.90x |
| 2026-03-09 | 18.83x |
| 2026-03-06 | 18.41x |
| 2026-03-05 | 19.15x |
| 2026-03-04 | 18.81x |
| 2026-03-03 | 18.67x |
| 2026-03-02 | 19.03x |
| 2026-02-27 | 19.71x |
| 2026-02-26 | 8.05x |
| 2026-02-25 | 8.00x |
| 2026-02-24 | 7.86x |
| 2026-02-23 | 7.73x |
| 2026-02-20 | 7.86x |
| 2026-02-19 | 7.89x |
| 2026-02-18 | 7.83x |
| 2026-02-17 | 7.94x |
| 2026-02-13 | 7.86x |
| 2026-02-12 | 7.56x |
| 2026-02-11 | 7.46x |
| 2026-02-10 | 7.44x |
| 2026-02-09 | 7.20x |
| 2026-02-06 | 7.08x |
| 2026-02-05 | 6.85x |
| 2026-02-04 | 6.83x |
| 2026-02-03 | 7.20x |
| 2026-02-02 | 7.25x |
| 2026-01-30 | 7.39x |
| 2026-01-29 | 7.54x |
| 2026-01-28 | 7.65x |
| 2026-01-27 | 7.60x |
| 2026-01-26 | 7.41x |
| 2026-01-23 | 7.45x |
| 2026-01-22 | 7.46x |
| 2026-01-21 | 7.45x |
| 2026-01-20 | 7.34x |
| 2026-01-16 | 7.68x |
| 2026-01-15 | 8.17x |
| 2026-01-14 | 7.77x |
| 2026-01-13 | 7.86x |
| 2026-01-12 | 7.90x |
| 2026-01-09 | 7.68x |
| 2026-01-08 | 7.12x |
| 2026-01-07 | 7.26x |
| 2026-01-06 | 7.79x |
| 2026-01-05 | 7.55x |
| 2026-01-02 | 7.64x |
| 2025-12-31 | 7.50x |
| 2025-12-30 | 7.54x |
| 2025-12-29 | 7.52x |
| 2025-12-26 | 7.51x |
| 2025-12-24 | 7.52x |
| 2025-12-23 | 7.51x |
| 2025-12-22 | 7.51x |
| 2025-12-19 | 7.56x |
| 2025-12-18 | 7.67x |
| 2025-12-17 | 7.45x |
| 2025-12-16 | 7.93x |
| 2025-12-15 | 7.74x |
| 2025-12-12 | 7.81x |
| 2025-12-11 | 7.97x |
| 2025-12-10 | 7.63x |
| 2025-12-09 | 7.62x |
| 2025-12-08 | 7.67x |
| 2025-12-05 | 7.70x |
| 2025-12-04 | 8.02x |
| 2025-12-03 | 7.86x |
| 2025-12-02 | 7.90x |
| 2025-12-01 | 7.93x |
| 2025-11-28 | 8.12x |
| 2025-11-26 | 8.05x |
| 2025-11-25 | 7.84x |
| 2025-11-24 | 7.99x |
| 2025-11-21 | 7.76x |
| 2025-11-20 | 7.94x |
| 2025-11-19 | 8.13x |
| 2025-11-18 | 7.96x |
| 2025-11-17 | 7.98x |
| 2025-11-14 | 7.97x |
| 2025-11-13 | 7.86x |
| 2025-11-12 | 8.10x |
| 2025-11-11 | 8.13x |
| 2025-11-10 | 8.45x |
| 2025-11-07 | 8.55x |
| 2025-11-06 | 7.64x |
| 2025-11-05 | 7.80x |
| 2025-11-04 | 7.68x |
| 2025-11-03 | 7.91x |
| 2025-10-31 | 7.76x |
| 2025-10-30 | 7.81x |
| 2025-10-29 | 8.12x |
| 2025-10-28 | 7.84x |
| 2025-10-27 | 8.12x |
| 2025-10-24 | 8.19x |
| 2025-10-23 | 7.86x |
| 2025-10-22 | 7.68x |
| 2025-10-21 | 7.70x |
| 2025-10-20 | 7.95x |
| 2025-10-17 | 8.18x |
| 2025-10-16 | 8.48x |
| 2025-10-15 | 8.49x |
| 2025-10-14 | 8.32x |
| 2025-10-13 | 8.45x |
| 2025-10-10 | 8.04x |
| 2025-10-09 | 8.46x |
| 2025-10-08 | 8.35x |
| 2025-10-07 | 8.13x |
| 2025-10-06 | 8.15x |
| 2025-10-03 | 8.20x |
| 2025-10-02 | 8.23x |
| 2025-10-01 | 8.19x |
| 2025-09-30 | 8.01x |
| 2025-09-29 | 8.07x |
| 2025-09-26 | 8.37x |
| 2025-09-25 | 8.19x |
| 2025-09-24 | 8.21x |
| 2025-09-23 | 8.28x |
| 2025-09-22 | 8.72x |
| 2025-09-19 | 8.50x |
| 2025-09-18 | 8.47x |
| 2025-09-17 | 8.41x |
| 2025-09-16 | 8.44x |
| 2025-09-15 | 8.58x |
| 2025-09-12 | 8.45x |
| 2025-09-11 | 8.27x |
| 2025-09-10 | 8.44x |
| 2025-09-09 | 7.94x |
| 2025-09-08 | 7.75x |
| 2025-09-05 | 7.75x |
| 2025-09-04 | 7.81x |
| 2025-09-03 | 7.76x |
| 2025-09-02 | 7.68x |
| 2025-08-29 | 7.79x |
| 2025-08-28 | 8.03x |
| 2025-08-27 | 7.97x |
Showing the most recent 260 of 2,434 data points. The chart above shows the full history.
