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 2.20x is 12% above its estimated 5-year average of 1.97x, around the middle of its estimated 5-year range (1.51x–2.68x).
As of 2026-09-19T00:16:05.757Z. 6.70% above its estimated 12-month average of 2.06x.
Calculation as of: 2026-09-19T00:16:05.757Z.
Quote observation: 2026-09-18T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 28c109353c75d8b12db6c684d1955bfcc91a189e8f042ac4261563e744a70cce
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
2.20x
EV/SALES RATIO AVG TTM
2.06x
EV/SALES RATIO AVG 3Y
1.96x
EV/SALES RATIO AVG 5Y
1.97x
EV/SALES RATIO AVG 10Y
2.27x
EV/SALES RATIO AVG 15Y
N/A
EV/SALES RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+6.70%
CURRENT VS 3Y AVG
+12.41%
CURRENT VS 5Y AVG
+11.80%
CURRENT VS 10Y AVG
-3.23%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.64x
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
-39.56%
vs the sector median at left
Market Cap
$21.00B
EV/Sales Ratio
6.08x
TTM Avg
7.19x
3Y Avg
5.88x
5Y Avg
5.85x
Market Cap
$18.45B
EV/Sales Ratio
3.00x
TTM Avg
3.09x
3Y Avg
3.53x
5Y Avg
3.91x
Market Cap
$17.09B
EV/Sales Ratio
6.01x
TTM Avg
6.09x
3Y Avg
5.62x
5Y Avg
5.36x
Market Cap
$15.38B
EV/Sales Ratio
2.44x
TTM Avg
2.17x
3Y Avg
2.27x
5Y Avg
2.27x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Viatris Inc. (VTRS) | $19.74B | 2.20x | 2.06x | 1.96x | 1.97x |
| STERIS plc (STE)vs › | $19.98B | 3.57x | 4.30x | 4.70x | 5.00x |
| United Therapeutics Corporation (UTHR)vs › | $21.00B | 6.08x | 7.19x | 5.88x | 5.85x |
| Zimmer Biomet Holdings, Inc. (ZBH)vs › | $18.45B | 3.00x | 3.09x | 3.53x | 3.91x |
| Medpace Holdings, Inc. (MEDP)vs › | $17.09B | 6.01x | 6.09x | 5.62x | 5.36x |
| Revvity, Inc. (RVTY)vs › | $16.00B | 6.29x | 4.91x | 5.44x | 5.59x |
| Solventum Corporation (SOLV)vs › | $15.38B | 2.44x | 2.17x | 2.27x | 2.27x |
| BioNTech SE (BNTX)vs › | $24.13B | 4.32x | 3.98x | 3.96x | 3.13x |
| Exelixis, Inc. (EXEL)vs › | $14.67B | 5.97x | 5.40x | 4.69x | 4.35x |
| Incyte Corporation (INCY)vs › | $25.40B | 3.69x | 3.52x | 3.09x | 3.59x |
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 | 2.17x |
| 2026-09-08 | 2.18x |
| 2026-09-04 | 2.20x |
| 2026-09-03 | 2.20x |
| 2026-09-02 | 2.21x |
| 2026-09-01 | 2.18x |
| 2026-08-31 | 2.17x |
| 2026-08-28 | 2.15x |
| 2026-08-27 | 2.20x |
| 2026-08-26 | 2.19x |
| 2026-08-25 | 2.18x |
| 2026-08-24 | 2.17x |
| 2026-08-21 | 2.15x |
| 2026-08-20 | 2.14x |
| 2026-08-19 | 2.15x |
| 2026-08-18 | 2.14x |
| 2026-08-17 | 2.15x |
| 2026-08-14 | 2.15x |
| 2026-08-13 | 2.13x |
| 2026-08-12 | 2.14x |
| 2026-08-11 | 2.15x |
| 2026-08-10 | 2.15x |
| 2026-08-07 | 2.16x |
| 2026-08-06 | 2.19x |
| 2026-08-05 | 2.30x |
| 2026-08-04 | 2.31x |
| 2026-08-03 | 2.30x |
| 2026-07-31 | 2.30x |
| 2026-07-30 | 2.31x |
| 2026-07-29 | 2.32x |
| 2026-07-28 | 2.32x |
| 2026-07-27 | 2.30x |
| 2026-07-24 | 2.27x |
| 2026-07-23 | 2.27x |
| 2026-07-22 | 2.25x |
| 2026-07-21 | 2.30x |
| 2026-07-20 | 2.25x |
| 2026-07-17 | 2.27x |
| 2026-07-16 | 2.28x |
| 2026-07-15 | 2.23x |
| 2026-07-14 | 2.20x |
| 2026-07-13 | 2.20x |
| 2026-07-10 | 2.19x |
| 2026-07-09 | 2.20x |
| 2026-07-08 | 2.22x |
| 2026-07-07 | 2.25x |
| 2026-07-06 | 2.24x |
| 2026-07-02 | 2.23x |
| 2026-07-01 | 2.19x |
| 2026-06-30 | 2.16x |
| 2026-06-29 | 2.19x |
| 2026-06-26 | 2.20x |
| 2026-06-25 | 2.18x |
| 2026-06-24 | 2.17x |
| 2026-06-23 | 2.15x |
| 2026-06-22 | 2.12x |
| 2026-06-18 | 2.12x |
| 2026-06-17 | 2.15x |
| 2026-06-16 | 2.17x |
| 2026-06-15 | 2.20x |
| 2026-06-12 | 2.21x |
| 2026-06-11 | 2.20x |
| 2026-06-10 | 2.15x |
| 2026-06-09 | 2.19x |
| 2026-06-08 | 2.17x |
| 2026-06-05 | 2.16x |
| 2026-06-04 | 2.16x |
| 2026-06-03 | 2.14x |
| 2026-06-02 | 2.15x |
| 2026-06-01 | 2.16x |
| 2026-05-29 | 2.19x |
| 2026-05-28 | 2.18x |
| 2026-05-27 | 2.19x |
| 2026-05-26 | 2.19x |
| 2026-05-22 | 2.22x |
| 2026-05-21 | 2.21x |
| 2026-05-20 | 2.22x |
| 2026-05-19 | 2.18x |
| 2026-05-18 | 2.21x |
| 2026-05-15 | 2.21x |
| 2026-05-14 | 2.27x |
| 2026-05-13 | 2.28x |
| 2026-05-12 | 2.27x |
| 2026-05-11 | 2.24x |
| 2026-05-08 | 2.27x |
| 2026-05-07 | 2.34x |
| 2026-05-06 | 2.22x |
| 2026-05-05 | 2.18x |
| 2026-05-04 | 2.16x |
| 2026-05-01 | 2.15x |
| 2026-04-30 | 2.14x |
| 2026-04-29 | 2.14x |
| 2026-04-28 | 2.13x |
| 2026-04-27 | 2.13x |
| 2026-04-24 | 2.11x |
| 2026-04-23 | 2.12x |
| 2026-04-22 | 2.10x |
| 2026-04-21 | 2.12x |
| 2026-04-20 | 2.13x |
| 2026-04-17 | 2.12x |
| 2026-04-16 | 2.06x |
| 2026-04-15 | 2.05x |
| 2026-04-14 | 2.05x |
| 2026-04-13 | 2.05x |
| 2026-04-10 | 2.02x |
| 2026-04-09 | 2.03x |
| 2026-04-08 | 2.03x |
| 2026-04-07 | 1.99x |
| 2026-04-06 | 2.01x |
| 2026-04-02 | 2.02x |
| 2026-04-01 | 2.03x |
| 2026-03-31 | 2.02x |
| 2026-03-30 | 1.98x |
| 2026-03-27 | 1.99x |
| 2026-03-26 | 2.01x |
| 2026-03-25 | 2.02x |
| 2026-03-24 | 2.01x |
| 2026-03-23 | 2.01x |
| 2026-03-20 | 2.00x |
| 2026-03-19 | 2.02x |
| 2026-03-18 | 2.04x |
| 2026-03-17 | 2.05x |
| 2026-03-16 | 2.02x |
| 2026-03-13 | 2.02x |
| 2026-03-12 | 2.05x |
| 2026-03-11 | 2.06x |
| 2026-03-10 | 2.07x |
| 2026-03-09 | 2.08x |
| 2026-03-06 | 2.08x |
| 2026-03-05 | 2.10x |
| 2026-03-04 | 2.12x |
| 2026-03-03 | 2.13x |
| 2026-03-02 | 2.20x |
| 2026-02-27 | 2.14x |
| 2026-02-26 | 2.23x |
| 2026-02-25 | 2.30x |
| 2026-02-24 | 2.30x |
| 2026-02-23 | 2.29x |
| 2026-02-20 | 2.29x |
| 2026-02-19 | 2.29x |
| 2026-02-18 | 2.30x |
| 2026-02-17 | 2.27x |
| 2026-02-13 | 2.27x |
| 2026-02-12 | 2.27x |
| 2026-02-11 | 2.30x |
| 2026-02-10 | 2.29x |
| 2026-02-09 | 2.26x |
| 2026-02-06 | 2.17x |
| 2026-02-05 | 2.16x |
| 2026-02-04 | 2.16x |
| 2026-02-03 | 2.10x |
| 2026-02-02 | 2.10x |
| 2026-01-30 | 2.05x |
| 2026-01-29 | 2.05x |
| 2026-01-28 | 2.04x |
| 2026-01-27 | 2.05x |
| 2026-01-26 | 2.06x |
| 2026-01-23 | 2.06x |
| 2026-01-22 | 2.06x |
| 2026-01-21 | 2.05x |
| 2026-01-20 | 2.02x |
| 2026-01-16 | 2.03x |
| 2026-01-15 | 2.03x |
| 2026-01-14 | 2.06x |
| 2026-01-13 | 2.08x |
| 2026-01-12 | 2.02x |
| 2026-01-09 | 2.02x |
| 2026-01-08 | 2.01x |
| 2026-01-07 | 2.00x |
| 2026-01-06 | 2.00x |
| 2026-01-05 | 1.99x |
| 2026-01-02 | 2.00x |
| 2025-12-31 | 2.00x |
| 2025-12-30 | 2.01x |
| 2025-12-29 | 1.99x |
| 2025-12-26 | 1.99x |
| 2025-12-24 | 1.98x |
| 2025-12-23 | 1.96x |
| 2025-12-22 | 1.96x |
| 2025-12-19 | 1.96x |
| 2025-12-18 | 1.96x |
| 2025-12-17 | 1.94x |
| 2025-12-16 | 1.92x |
| 2025-12-15 | 1.93x |
| 2025-12-12 | 1.93x |
| 2025-12-11 | 1.93x |
| 2025-12-10 | 1.93x |
| 2025-12-09 | 1.90x |
| 2025-12-08 | 1.89x |
| 2025-12-05 | 1.87x |
| 2025-12-04 | 1.86x |
| 2025-12-03 | 1.87x |
| 2025-12-02 | 1.86x |
| 2025-12-01 | 1.86x |
| 2025-11-28 | 1.85x |
| 2025-11-26 | 1.85x |
| 2025-11-25 | 1.84x |
| 2025-11-24 | 1.84x |
| 2025-11-21 | 1.84x |
| 2025-11-20 | 1.81x |
| 2025-11-19 | 1.84x |
| 2025-11-18 | 1.86x |
| 2025-11-17 | 1.85x |
| 2025-11-14 | 1.86x |
| 2025-11-13 | 1.87x |
| 2025-11-12 | 1.88x |
| 2025-11-11 | 1.90x |
| 2025-11-10 | 1.81x |
| 2025-11-07 | 1.81x |
| 2025-11-06 | 1.85x |
| 2025-11-05 | 1.90x |
| 2025-11-04 | 1.88x |
| 2025-11-03 | 1.88x |
| 2025-10-31 | 1.87x |
| 2025-10-30 | 1.87x |
| 2025-10-29 | 1.86x |
| 2025-10-28 | 1.86x |
| 2025-10-27 | 1.87x |
| 2025-10-24 | 1.87x |
| 2025-10-23 | 1.86x |
| 2025-10-22 | 1.87x |
| 2025-10-21 | 1.87x |
| 2025-10-20 | 1.86x |
| 2025-10-17 | 1.85x |
| 2025-10-16 | 1.84x |
| 2025-10-15 | 1.83x |
| 2025-10-14 | 1.83x |
| 2025-10-13 | 1.82x |
| 2025-10-10 | 1.81x |
| 2025-10-09 | 1.84x |
| 2025-10-08 | 1.83x |
| 2025-10-07 | 1.85x |
| 2025-10-06 | 1.85x |
| 2025-10-03 | 1.85x |
| 2025-10-02 | 1.85x |
| 2025-10-01 | 1.84x |
| 2025-09-30 | 1.83x |
| 2025-09-29 | 1.80x |
| 2025-09-26 | 1.80x |
| 2025-09-25 | 1.79x |
| 2025-09-24 | 1.81x |
| 2025-09-23 | 1.80x |
| 2025-09-22 | 1.82x |
| 2025-09-19 | 1.83x |
| 2025-09-18 | 1.82x |
| 2025-09-17 | 1.80x |
| 2025-09-16 | 1.80x |
| 2025-09-15 | 1.80x |
| 2025-09-12 | 1.83x |
| 2025-09-11 | 1.85x |
| 2025-09-10 | 1.86x |
| 2025-09-09 | 1.87x |
| 2025-09-08 | 1.88x |
| 2025-09-05 | 1.88x |
| 2025-09-04 | 1.86x |
| 2025-09-03 | 1.88x |
| 2025-09-02 | 1.88x |
| 2025-08-29 | 1.88x |
| 2025-08-28 | 1.87x |
| 2025-08-27 | 1.87x |
Showing the most recent 260 of 3,067 data points. The chart above shows the full history.