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 31.43x is 83% below its 5-year average of 189.31x, near the low end of its 5-year range (21.27x–417.39x).
As of Tuesday, September 8, 2026. 31.79% below its 12-month average of 46.08x.
EV/EBITDA RATIO
31.43x
EV/EBITDA RATIO AVG TTM
46.08x
EV/EBITDA RATIO AVG 3Y
83.62x
EV/EBITDA RATIO AVG 5Y
189.31x
EV/EBITDA RATIO AVG 10Y
N/A
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-31.79%
CURRENT VS 3Y AVG
-62.41%
CURRENT VS 5Y AVG
-83.40%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
26.71x
median of 161 covered companies
CURRENT VS SECTOR MEDIAN
+17.67%
vs the sector median at left
Workday, Inc.
Market Cap
$48.44B
EV/EBITDA Ratio
31.43x
TTM Avg
46.08x
3Y Avg
83.62x
5Y Avg
189.31x
Market Cap
$48.13B
EV/EBITDA Ratio
45.53x
TTM Avg
87.34x
3Y Avg
46.10x
5Y Avg
34.21x
Market Cap
$47.14B
EV/EBITDA Ratio
295.97x
TTM Avg
297.55x
3Y Avg
297.55x
5Y Avg
593.33x
Market Cap
$46.37B
EV/EBITDA Ratio
23.02x
TTM Avg
17.33x
3Y Avg
10.29x
5Y Avg
9.79x
Market Cap
$51.80B
EV/EBITDA Ratio
184.05x
TTM Avg
309.10x
3Y Avg
340.23x
5Y Avg
340.23x
Market Cap
$44.00B
EV/EBITDA Ratio
19.00x
TTM Avg
29.45x
3Y Avg
37.49x
5Y Avg
44.57x
Market Cap
$52.92B
EV/EBITDA Ratio
30.41x
TTM Avg
33.08x
3Y Avg
24.52x
5Y Avg
24.01x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Workday, Inc. (WDAY) | $48.44B | 31.43x | 46.08x | 83.62x | 189.31x |
| Ciena Corporation (CIEN)vs › | $48.13B | 45.53x | 87.34x | 46.10x | 34.21x |
| Block, Inc. (XYZ)vs › | $47.19B | 16.21x | 13.68x | 110.44x | 196.58x |
| Atlassian Corporation (TEAM)vs › | $47.14B | 295.97x | 297.55x | 297.55x | 593.33x |
| STMicroelectronics N.V. (STM)vs › | $46.37B | 23.02x | 17.33x | 10.29x | 9.79x |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $51.80B | 184.05x | 309.10x | 340.23x | 340.23x |
| Strategy Inc (MSTR)vs › | $45.05B | N/A | 153.94x | 99.15x | 52.23x |
| Autodesk, Inc. (ADSK)vs › | $44.00B | 19.00x | 29.45x | 37.49x | 44.57x |
| Electronic Arts Inc. (EA)vs › | $52.92B | 30.41x | 33.08x | 24.52x | 24.01x |
| Garmin Ltd. (GRMN)vs › | $53.08B | 22.30x | 21.22x | 21.15x | 18.78x |
At 31.4, EV/EBITDA is at an extreme level, where the multiple carries little signal — higher than 7% of readings in its 6-year history.
6-year low
21.3
median
214.6
6-year high
1441.3
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 |
|---|---|
| 2026-09-08 | 31.43x |
| 2026-09-04 | 32.94x |
| 2026-09-03 | 34.70x |
| 2026-09-02 | 33.74x |
| 2026-09-01 | 33.35x |
| 2026-08-31 | 33.20x |
| 2026-08-28 | 34.35x |
| 2026-08-27 | 32.59x |
| 2026-08-26 | 34.41x |
| 2026-08-25 | 35.03x |
| 2026-08-24 | 35.83x |
| 2026-08-21 | 35.98x |
| 2026-08-20 | 35.52x |
| 2026-08-19 | 35.71x |
| 2026-08-18 | 34.39x |
| 2026-08-17 | 34.49x |
| 2026-08-14 | 35.75x |
| 2026-08-13 | 37.07x |
| 2026-08-12 | 31.80x |
| 2026-08-11 | 32.81x |
| 2026-08-10 | 33.30x |
| 2026-08-07 | 32.53x |
| 2026-08-06 | 30.94x |
| 2026-08-05 | 31.01x |
| 2026-08-04 | 31.12x |
| 2026-08-03 | 30.07x |
| 2026-07-31 | 29.27x |
| 2026-07-30 | 28.89x |
| 2026-07-29 | 30.57x |
| 2026-07-28 | 29.16x |
| 2026-07-27 | 27.11x |
| 2026-07-24 | 25.04x |
| 2026-07-23 | 23.78x |
| 2026-07-22 | 24.55x |
| 2026-07-21 | 26.03x |
| 2026-07-20 | 27.05x |
| 2026-07-17 | 26.64x |
| 2026-07-16 | 26.75x |
| 2026-07-15 | 26.14x |
| 2026-07-14 | 25.80x |
| 2026-07-13 | 26.65x |
| 2026-07-10 | 25.65x |
| 2026-07-09 | 25.55x |
| 2026-07-08 | 25.47x |
| 2026-07-07 | 26.45x |
| 2026-07-06 | 25.49x |
| 2026-07-02 | 25.05x |
| 2026-07-01 | 24.19x |
| 2026-06-30 | 22.86x |
| 2026-06-29 | 23.05x |
| 2026-06-26 | 23.16x |
| 2026-06-25 | 21.40x |
| 2026-06-24 | 22.13x |
| 2026-06-23 | 21.63x |
| 2026-06-22 | 21.27x |
| 2026-06-18 | 21.93x |
| 2026-06-17 | 22.76x |
| 2026-06-16 | 23.59x |
| 2026-06-15 | 24.07x |
| 2026-06-12 | 24.28x |
| 2026-06-11 | 24.23x |
| 2026-06-10 | 25.40x |
| 2026-06-09 | 25.87x |
| 2026-06-08 | 26.47x |
| 2026-06-05 | 26.55x |
| 2026-06-04 | 27.17x |
| 2026-06-03 | 27.00x |
| 2026-06-02 | 27.33x |
| 2026-06-01 | 28.74x |
| 2026-05-29 | 26.88x |
| 2026-05-28 | 24.14x |
| 2026-05-27 | 23.21x |
| 2026-05-26 | 23.13x |
| 2026-05-22 | 23.83x |
| 2026-05-21 | 28.75x |
| 2026-05-20 | 29.80x |
| 2026-05-19 | 30.40x |
| 2026-05-18 | 30.30x |
| 2026-05-15 | 29.45x |
| 2026-05-14 | 28.07x |
| 2026-05-13 | 27.58x |
| 2026-05-12 | 28.04x |
| 2026-05-11 | 28.66x |
| 2026-05-08 | 30.07x |
| 2026-05-07 | 30.74x |
| 2026-05-06 | 28.92x |
| 2026-05-05 | 30.30x |
| 2026-05-04 | 30.08x |
| 2026-05-01 | 29.88x |
| 2026-04-30 | 28.87x |
| 2026-04-29 | 28.88x |
| 2026-04-28 | 28.60x |
| 2026-04-27 | 27.87x |
| 2026-04-24 | 28.29x |
| 2026-04-23 | 27.17x |
| 2026-04-22 | 29.80x |
| 2026-04-21 | 30.36x |
| 2026-04-20 | 30.09x |
| 2026-04-17 | 29.19x |
| 2026-04-16 | 29.42x |
| 2026-04-15 | 29.25x |
| 2026-04-14 | 27.87x |
| 2026-04-13 | 28.33x |
| 2026-04-10 | 26.69x |
| 2026-04-09 | 26.82x |
| 2026-04-08 | 28.16x |
| 2026-04-07 | 30.00x |
| 2026-04-06 | 30.48x |
| 2026-04-02 | 31.04x |
| 2026-04-01 | 30.34x |
| 2026-03-31 | 30.53x |
| 2026-03-30 | 30.28x |
| 2026-03-27 | 29.27x |
| 2026-03-26 | 30.10x |
| 2026-03-25 | 29.90x |
| 2026-03-24 | 30.39x |
| 2026-03-23 | 32.10x |
| 2026-03-20 | 31.86x |
| 2026-03-19 | 31.29x |
| 2026-03-18 | 31.05x |
| 2026-03-17 | 31.68x |
| 2026-03-16 | 31.34x |
| 2026-03-13 | 31.23x |
| 2026-03-12 | 31.46x |
| 2026-03-11 | 32.27x |
| 2026-03-10 | 33.29x |
| 2026-03-09 | 34.54x |
| 2026-03-06 | 35.18x |
| 2026-03-05 | 42.49x |
| 2026-03-04 | 41.33x |
| 2026-03-03 | 41.49x |
| 2026-03-02 | 38.80x |
| 2026-02-27 | 38.73x |
| 2026-02-26 | 40.23x |
| 2026-02-25 | 38.56x |
| 2026-02-24 | 37.74x |
| 2026-02-23 | 37.46x |
| 2026-02-20 | 39.87x |
| 2026-02-19 | 40.49x |
| 2026-02-18 | 41.22x |
| 2026-02-17 | 41.35x |
| 2026-02-13 | 41.72x |
| 2026-02-12 | 41.61x |
| 2026-02-11 | 41.76x |
| 2026-02-10 | 44.19x |
| 2026-02-09 | 44.56x |
| 2026-02-06 | 46.91x |
| 2026-02-05 | 45.74x |
| 2026-02-04 | 48.93x |
| 2026-02-03 | 46.42x |
| 2026-02-02 | 49.84x |
| 2026-01-30 | 50.47x |
| 2026-01-29 | 50.20x |
| 2026-01-28 | 54.25x |
| 2026-01-27 | 54.10x |
| 2026-01-26 | 54.74x |
| 2026-01-23 | 54.29x |
| 2026-01-22 | 53.99x |
| 2026-01-21 | 52.65x |
| 2026-01-20 | 52.53x |
| 2026-01-16 | 53.62x |
| 2026-01-15 | 55.26x |
| 2026-01-14 | 55.62x |
| 2026-01-13 | 57.18x |
| 2026-01-12 | 59.52x |
| 2026-01-09 | 59.32x |
| 2026-01-08 | 60.05x |
| 2026-01-07 | 60.42x |
| 2026-01-06 | 60.19x |
| 2026-01-05 | 59.80x |
| 2026-01-02 | 58.92x |
| 2025-12-31 | 61.45x |
| 2025-12-30 | 62.05x |
| 2025-12-29 | 62.63x |
| 2025-12-26 | 63.10x |
| 2025-12-24 | 62.03x |
| 2025-12-23 | 61.63x |
| 2025-12-22 | 62.35x |
| 2025-12-19 | 62.52x |
| 2025-12-18 | 62.37x |
| 2025-12-17 | 61.79x |
| 2025-12-16 | 61.82x |
| 2025-12-15 | 61.48x |
| 2025-12-12 | 64.17x |
| 2025-12-11 | 64.04x |
| 2025-12-10 | 63.68x |
| 2025-12-09 | 63.54x |
| 2025-12-08 | 63.19x |
| 2025-12-05 | 62.90x |
| 2025-12-04 | 61.96x |
| 2025-12-03 | 61.46x |
| 2025-12-02 | 60.96x |
| 2025-12-01 | 61.04x |
| 2025-11-28 | 61.68x |
| 2025-11-26 | 61.60x |
| 2025-11-25 | 75.98x |
| 2025-11-24 | 73.78x |
| 2025-11-21 | 73.31x |
| 2025-11-20 | 70.71x |
| 2025-11-19 | 72.91x |
| 2025-11-18 | 73.47x |
| 2025-11-17 | 73.25x |
| 2025-11-14 | 75.09x |
| 2025-11-13 | 72.79x |
| 2025-11-12 | 73.56x |
| 2025-11-11 | 73.89x |
| 2025-11-10 | 74.20x |
| 2025-11-07 | 73.32x |
| 2025-11-06 | 73.11x |
| 2025-11-05 | 75.49x |
| 2025-11-04 | 75.92x |
| 2025-11-03 | 77.23x |
| 2025-10-31 | 77.93x |
| 2025-10-30 | 75.73x |
| 2025-10-29 | 75.26x |
| 2025-10-28 | 77.00x |
| 2025-10-27 | 77.62x |
| 2025-10-24 | 78.82x |
| 2025-10-23 | 78.98x |
| 2025-10-22 | 78.84x |
| 2025-10-21 | 79.73x |
| 2025-10-20 | 78.33x |
| 2025-10-17 | 76.16x |
| 2025-10-16 | 74.08x |
| 2025-10-15 | 76.32x |
| 2025-10-14 | 77.08x |
| 2025-10-13 | 76.89x |
| 2025-10-10 | 75.82x |
| 2025-10-09 | 77.40x |
| 2025-10-08 | 77.41x |
| 2025-10-07 | 75.82x |
| 2025-10-06 | 77.44x |
| 2025-10-03 | 76.86x |
| 2025-10-02 | 75.49x |
| 2025-10-01 | 75.52x |
| 2025-09-30 | 78.19x |
| 2025-09-29 | 80.36x |
| 2025-09-26 | 80.04x |
| 2025-09-25 | 78.82x |
| 2025-09-24 | 78.43x |
| 2025-09-23 | 78.06x |
| 2025-09-22 | 78.79x |
| 2025-09-19 | 75.96x |
| 2025-09-18 | 75.92x |
| 2025-09-17 | 76.36x |
| 2025-09-16 | 71.39x |
| 2025-09-15 | 72.56x |
| 2025-09-12 | 72.76x |
| 2025-09-11 | 73.79x |
| 2025-09-10 | 73.73x |
| 2025-09-09 | 75.06x |
| 2025-09-08 | 75.40x |
| 2025-09-05 | 75.17x |
| 2025-09-04 | 75.18x |
| 2025-09-03 | 75.90x |
| 2025-09-02 | 74.48x |
| 2025-08-29 | 75.09x |
| 2025-08-28 | 74.36x |
| 2025-08-27 | 74.74x |
| 2025-08-26 | 72.60x |
Showing the most recent 260 of 1,387 data points. The chart above shows the full history.