Basis: Current FMP quote-based enterprise value / four-quarter operating income. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBIT ratio high or low?
The EV/EBIT ratio of 21.85x is 14% below its estimated 5-year average of 25.55x, near the low end of its estimated 5-year range (19.93x–33.02x).
As of 2026-10-02T20:56:12.158Z. 2.93% above its estimated 12-month average of 21.23x.
Calculation as of: 2026-10-02T20:56:12.158Z.
Quote observation: 2026-10-02T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 04b578ffe3760183ce98fcfaecfde98f976033968bd2eea535523165a5197a01
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 2026-10-01.
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/EBIT RATIO
21.85x
EV/EBIT RATIO AVG TTM
21.23x
EV/EBIT RATIO AVG 3Y
23.07x
EV/EBIT RATIO AVG 5Y
25.55x
EV/EBIT RATIO AVG 10Y
26.66x
EV/EBIT RATIO AVG 15Y
24.28x
EV/EBIT RATIO AVG 20Y
22.18x
CURRENT VS TTM AVG
+2.93%
CURRENT VS 3Y AVG
-5.28%
CURRENT VS 5Y AVG
-14.48%
CURRENT VS 10Y AVG
-18.04%
CURRENT VS 15Y AVG
-10.00%
CURRENT VS 20Y AVG
-1.49%
SECTOR MEDIAN · UTILITIES
21.85x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
0.00%
vs the sector median at left
Essential Utilities, Inc.
Market Cap
$11.17B
EV/EBIT Ratio
21.85x
TTM Avg
21.23x
3Y Avg
23.07x
5Y Avg
25.55x
Market Cap
$11.62B
EV/EBIT Ratio
15.31x
TTM Avg
21.50x
3Y Avg
22.39x
5Y Avg
22.41x
Market Cap
$10.63B
EV/EBIT Ratio
17.94x
TTM Avg
21.11x
3Y Avg
18.85x
5Y Avg
17.30x
Market Cap
$8.67B
EV/EBIT Ratio
64.49x
TTM Avg
52.38x
3Y Avg
38.49x
5Y Avg
27.73x
Market Cap
$14.56B
EV/EBIT Ratio
92.64x
TTM Avg
322.16x
3Y Avg
210.40x
5Y Avg
210.40x
Market Cap
$6.03B
EV/EBIT Ratio
69.33x
TTM Avg
72.90x
3Y Avg
59.07x
5Y Avg
46.07x
Market Cap
$16.61B
EV/EBIT Ratio
29.32x
TTM Avg
29.08x
3Y Avg
27.61x
5Y Avg
26.99x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Essential Utilities, Inc. (WTRG) | $11.17B | 21.85x | 21.23x | 23.07x | 25.55x |
| Pinnacle West Capital Corporation (PNW)vs › | $11.62B | 15.31x | 21.50x | 22.39x | 22.41x |
| The AES Corporation (AES)vs › | $10.63B | 17.94x | 21.11x | 18.85x | 17.30x |
| Brookfield Renewable Partners L.P. (BEP)vs › | $8.67B | 64.49x | 52.38x | 38.49x | 27.73x |
| UGI Corporation (UGI)vs › | $7.98B | 13.87x | 14.03x | 14.48x | 12.96x |
| Talen Energy Corporation (TLN)vs › | $14.56B | 92.64x | 322.16x | 210.40x | 210.40x |
| Oklo Inc. (OKLO)vs › | $6.24B | N/A | N/A | N/A | N/A |
| Clearway Energy, Inc. (CWEN)vs › | $6.03B | 69.33x | 72.90x | 59.07x | 46.07x |
| Alliant Energy Corporation (LNT)vs › | $16.61B | 29.32x | 29.08x | 27.61x | 26.99x |
| Black Hills Corporation (BKH)vs › | $5.40B | 17.96x | 18.34x | 17.36x | 18.51x |
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-10-01 | 21.65x |
| 2026-09-30 | 21.81x |
| 2026-09-29 | 21.83x |
| 2026-09-28 | 21.74x |
| 2026-09-25 | 21.92x |
| 2026-09-24 | 21.99x |
| 2026-09-23 | 22.13x |
| 2026-09-22 | 22.19x |
| 2026-09-21 | 22.22x |
| 2026-09-18 | 22.40x |
| 2026-09-17 | 22.58x |
| 2026-09-16 | 22.50x |
| 2026-09-15 | 22.54x |
| 2026-09-14 | 22.58x |
| 2026-09-11 | 22.41x |
| 2026-09-10 | 22.64x |
| 2026-09-09 | 22.70x |
| 2026-09-08 | 22.68x |
| 2026-09-04 | 22.61x |
| 2026-09-03 | 22.66x |
| 2026-09-02 | 22.56x |
| 2026-09-01 | 22.42x |
| 2026-08-31 | 22.44x |
| 2026-08-28 | 22.42x |
| 2026-08-27 | 22.24x |
| 2026-08-26 | 22.31x |
| 2026-08-25 | 22.31x |
| 2026-08-24 | 22.49x |
| 2026-08-21 | 22.13x |
| 2026-08-20 | 22.20x |
| 2026-08-19 | 22.40x |
| 2026-08-18 | 22.18x |
| 2026-08-17 | 22.01x |
| 2026-08-14 | 22.19x |
| 2026-08-13 | 22.22x |
| 2026-08-12 | 22.03x |
| 2026-08-11 | 22.10x |
| 2026-08-10 | 22.00x |
| 2026-08-07 | 22.08x |
| 2026-08-06 | 22.03x |
| 2026-08-05 | 21.95x |
| 2026-08-04 | 21.94x |
| 2026-08-03 | 21.70x |
| 2026-07-31 | 22.04x |
| 2026-07-30 | 22.19x |
| 2026-07-29 | 22.31x |
| 2026-07-28 | 22.31x |
| 2026-07-27 | 21.94x |
| 2026-07-24 | 21.96x |
| 2026-07-23 | 21.95x |
| 2026-07-22 | 21.89x |
| 2026-07-21 | 21.74x |
| 2026-07-20 | 21.89x |
| 2026-07-17 | 21.98x |
| 2026-07-16 | 21.91x |
| 2026-07-15 | 21.43x |
| 2026-07-14 | 21.64x |
| 2026-07-13 | 21.64x |
| 2026-07-10 | 21.63x |
| 2026-07-09 | 21.62x |
| 2026-07-08 | 21.69x |
| 2026-07-07 | 21.79x |
| 2026-07-06 | 21.66x |
| 2026-07-02 | 21.89x |
| 2026-07-01 | 21.46x |
| 2026-06-30 | 21.55x |
| 2026-06-29 | 21.58x |
| 2026-06-26 | 21.65x |
| 2026-06-25 | 21.43x |
| 2026-06-24 | 21.38x |
| 2026-06-23 | 21.22x |
| 2026-06-22 | 21.03x |
| 2026-06-18 | 21.03x |
| 2026-06-17 | 21.11x |
| 2026-06-16 | 21.42x |
| 2026-06-15 | 21.31x |
| 2026-06-12 | 21.29x |
| 2026-06-11 | 21.17x |
| 2026-06-10 | 21.31x |
| 2026-06-09 | 21.30x |
| 2026-06-08 | 21.02x |
| 2026-06-05 | 21.24x |
| 2026-06-04 | 21.05x |
| 2026-06-03 | 21.13x |
| 2026-06-02 | 21.14x |
| 2026-06-01 | 20.89x |
| 2026-05-29 | 21.09x |
| 2026-05-28 | 21.03x |
| 2026-05-27 | 21.16x |
| 2026-05-26 | 21.18x |
| 2026-05-22 | 21.27x |
| 2026-05-21 | 21.13x |
| 2026-05-20 | 20.98x |
| 2026-05-19 | 21.16x |
| 2026-05-18 | 21.21x |
| 2026-05-15 | 21.13x |
| 2026-05-14 | 21.29x |
| 2026-05-13 | 21.42x |
| 2026-05-12 | 21.44x |
| 2026-05-11 | 21.31x |
| 2026-05-08 | 21.28x |
| 2026-05-07 | 20.62x |
| 2026-05-06 | 20.57x |
| 2026-05-05 | 20.56x |
| 2026-05-04 | 20.70x |
| 2026-05-01 | 20.72x |
| 2026-04-30 | 20.78x |
| 2026-04-29 | 21.17x |
| 2026-04-28 | 21.22x |
| 2026-04-27 | 21.15x |
| 2026-04-24 | 21.18x |
| 2026-04-23 | 21.43x |
| 2026-04-22 | 21.01x |
| 2026-04-21 | 21.08x |
| 2026-04-20 | 21.27x |
| 2026-04-17 | 21.02x |
| 2026-04-16 | 20.94x |
| 2026-04-15 | 20.89x |
| 2026-04-14 | 21.17x |
| 2026-04-13 | 21.20x |
| 2026-04-10 | 21.53x |
| 2026-04-09 | 21.66x |
| 2026-04-08 | 21.43x |
| 2026-04-07 | 21.48x |
| 2026-04-06 | 21.61x |
| 2026-04-02 | 21.66x |
| 2026-04-01 | 21.53x |
| 2026-03-31 | 21.41x |
| 2026-03-30 | 21.65x |
| 2026-03-27 | 21.44x |
| 2026-03-26 | 21.57x |
| 2026-03-25 | 21.22x |
| 2026-03-24 | 21.24x |
| 2026-03-23 | 21.33x |
| 2026-03-20 | 21.31x |
| 2026-03-19 | 21.48x |
| 2026-03-18 | 21.54x |
| 2026-03-17 | 21.58x |
| 2026-03-16 | 21.65x |
| 2026-03-13 | 21.84x |
| 2026-03-12 | 21.66x |
| 2026-03-11 | 21.26x |
| 2026-03-10 | 21.18x |
| 2026-03-09 | 21.59x |
| 2026-03-06 | 21.44x |
| 2026-03-05 | 21.20x |
| 2026-03-04 | 21.41x |
| 2026-03-03 | 21.37x |
| 2026-03-02 | 21.38x |
| 2026-02-27 | 21.32x |
| 2026-02-26 | 20.82x |
| 2026-02-25 | 20.86x |
| 2026-02-24 | 20.82x |
| 2026-02-23 | 20.67x |
| 2026-02-20 | 20.49x |
| 2026-02-19 | 20.61x |
| 2026-02-18 | 20.57x |
| 2026-02-17 | 20.77x |
| 2026-02-13 | 20.81x |
| 2026-02-12 | 20.46x |
| 2026-02-11 | 20.11x |
| 2026-02-10 | 20.17x |
| 2026-02-09 | 19.93x |
| 2026-02-06 | 20.10x |
| 2026-02-05 | 20.18x |
| 2026-02-04 | 20.09x |
| 2026-02-03 | 20.25x |
| 2026-02-02 | 20.36x |
| 2026-01-30 | 20.52x |
| 2026-01-29 | 20.50x |
| 2026-01-28 | 20.31x |
| 2026-01-27 | 20.67x |
| 2026-01-26 | 20.68x |
| 2026-01-23 | 20.64x |
| 2026-01-22 | 20.77x |
| 2026-01-21 | 20.66x |
| 2026-01-20 | 20.68x |
| 2026-01-16 | 20.84x |
| 2026-01-15 | 20.89x |
| 2026-01-14 | 20.81x |
| 2026-01-13 | 20.64x |
| 2026-01-12 | 20.63x |
| 2026-01-09 | 20.38x |
| 2026-01-08 | 20.43x |
| 2026-01-07 | 20.28x |
| 2026-01-06 | 20.43x |
| 2026-01-05 | 20.21x |
| 2026-01-02 | 20.48x |
| 2025-12-31 | 20.39x |
| 2025-12-30 | 20.42x |
| 2025-12-29 | 20.50x |
| 2025-12-26 | 20.45x |
| 2025-12-24 | 20.45x |
| 2025-12-23 | 20.41x |
| 2025-12-22 | 20.45x |
| 2025-12-19 | 20.26x |
| 2025-12-18 | 20.48x |
| 2025-12-17 | 20.59x |
| 2025-12-16 | 20.37x |
| 2025-12-15 | 20.41x |
| 2025-12-12 | 20.26x |
| 2025-12-11 | 20.18x |
| 2025-12-10 | 20.02x |
| 2025-12-09 | 20.04x |
| 2025-12-08 | 20.11x |
| 2025-12-05 | 20.28x |
| 2025-12-04 | 20.25x |
| 2025-12-03 | 20.54x |
| 2025-12-02 | 20.54x |
| 2025-12-01 | 20.70x |
| 2025-11-28 | 20.77x |
| 2025-11-26 | 20.67x |
| 2025-11-25 | 20.74x |
| 2025-11-24 | 20.87x |
| 2025-11-21 | 20.93x |
| 2025-11-20 | 20.48x |
| 2025-11-19 | 20.37x |
| 2025-11-18 | 20.63x |
| 2025-11-17 | 20.87x |
| 2025-11-14 | 20.79x |
| 2025-11-13 | 20.88x |
| 2025-11-12 | 20.61x |
| 2025-11-11 | 20.73x |
| 2025-11-10 | 20.67x |
| 2025-11-07 | 20.78x |
| 2025-11-06 | 20.74x |
| 2025-11-05 | 20.88x |
| 2025-11-04 | 20.48x |
| 2025-11-03 | 20.38x |
| 2025-10-31 | 20.67x |
| 2025-10-30 | 20.60x |
| 2025-10-29 | 20.72x |
| 2025-10-28 | 21.15x |
| 2025-10-27 | 21.17x |
| 2025-10-24 | 21.35x |
| 2025-10-23 | 21.38x |
| 2025-10-22 | 21.50x |
| 2025-10-21 | 21.50x |
| 2025-10-20 | 21.57x |
| 2025-10-17 | 21.36x |
| 2025-10-16 | 21.39x |
| 2025-10-15 | 21.18x |
| 2025-10-14 | 20.96x |
| 2025-10-13 | 20.91x |
| 2025-10-10 | 21.20x |
| 2025-10-09 | 21.12x |
| 2025-10-08 | 21.30x |
| 2025-10-07 | 21.17x |
| 2025-10-06 | 21.00x |
| 2025-10-03 | 20.78x |
| 2025-10-02 | 20.53x |
| 2025-10-01 | 20.61x |
| 2025-09-30 | 20.94x |
| 2025-09-29 | 20.70x |
| 2025-09-26 | 20.55x |
| 2025-09-25 | 20.29x |
| 2025-09-24 | 20.29x |
| 2025-09-23 | 20.21x |
| 2025-09-22 | 20.06x |
| 2025-09-19 | 20.05x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
