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 17.81x is 22% above its estimated 5-year average of 14.65x, near the low end of its estimated 5-year range (6.57x–994.10x).
As of 2026-09-23T00:16:16.008Z. 11.72% below its estimated 12-month average of 20.17x.
Calculation as of: 2026-09-23T00:16:16.008Z.
Quote observation: 2026-09-22T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 5f8740ff7955f307cc6c91ace7233fbe6bcd7e8ec36205ddcc7ccff32885db49
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
17.81x
EV/EBITDA RATIO AVG TTM
20.17x
EV/EBITDA RATIO AVG 3Y
18.47x
EV/EBITDA RATIO AVG 5Y
14.65x
EV/EBITDA RATIO AVG 10Y
10.61x
EV/EBITDA RATIO AVG 15Y
11.32x
EV/EBITDA RATIO AVG 20Y
9.03x
CURRENT VS TTM AVG
-11.72%
CURRENT VS 3Y AVG
-3.56%
CURRENT VS 5Y AVG
+21.54%
CURRENT VS 10Y AVG
+67.84%
CURRENT VS 15Y AVG
+57.40%
CURRENT VS 20Y AVG
+97.17%
SECTOR MEDIAN · INDUSTRIALS
16.48x
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
+8.07%
vs the sector median at left
XPO Logistics, Inc.
Market Cap
$20.80B
EV/EBITDA Ratio
17.81x
TTM Avg
20.17x
3Y Avg
18.47x
5Y Avg
14.65x
Market Cap
$20.59B
EV/EBITDA Ratio
9.24x
TTM Avg
11.13x
3Y Avg
11.16x
5Y Avg
10.58x
Market Cap
$20.33B
EV/EBITDA Ratio
25.98x
TTM Avg
33.34x
3Y Avg
24.74x
5Y Avg
20.67x
Market Cap
$22.30B
EV/EBITDA Ratio
14.00x
TTM Avg
14.33x
3Y Avg
12.41x
5Y Avg
12.11x
Market Cap
$19.23B
EV/EBITDA Ratio
14.44x
TTM Avg
13.84x
3Y Avg
12.22x
5Y Avg
11.41x
Market Cap
$23.35B
EV/EBITDA Ratio
17.90x
TTM Avg
18.35x
3Y Avg
19.64x
5Y Avg
19.64x
Market Cap
$17.81B
EV/EBITDA Ratio
20.57x
TTM Avg
19.66x
3Y Avg
19.22x
5Y Avg
19.26x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| XPO Logistics, Inc. (XPO) | $20.80B | 17.81x | 20.17x | 18.47x | 14.65x |
| Southwest Airlines Co. (LUV)vs › | $20.59B | 9.24x | 11.13x | 11.16x | 10.58x |
| Curtiss-Wright Corporation (CW)vs › | $20.33B | 25.98x | 33.34x | 24.74x | 20.67x |
| MTU Aero Engines AG (MTUAY)vs › | $22.11B | N/A | N/A | N/A | N/A |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $22.30B | 14.00x | 14.33x | 12.41x | 12.11x |
| Snap-on Incorporated (SNA)vs › | $19.23B | 14.44x | 13.84x | 12.22x | 11.41x |
| Equifax Inc. (EFX)vs › | $18.77B | 12.74x | 15.80x | 20.16x | 20.12x |
| Veralto Corporation (VLTO)vs › | $23.35B | 17.90x | 18.35x | 19.64x | 19.64x |
| Nordson Corporation (NDSN)vs › | $17.81B | 20.57x | 19.66x | 19.22x | 19.26x |
| MasTec, Inc. (MTZ)vs › | $17.80B | 14.87x | 21.01x | 15.45x | 13.40x |
At 17.8, EV/EBITDA is above its estimated 20-year median — higher than 83% of readings in its estimated 20-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 20-year low
1.4
median
7.0
estimated 20-year high
994.1
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 |
|---|---|
| 2026-09-09 | 18.63x |
| 2026-09-08 | 19.13x |
| 2026-09-04 | 19.40x |
| 2026-09-03 | 18.68x |
| 2026-09-02 | 18.78x |
| 2026-09-01 | 18.70x |
| 2026-08-31 | 19.47x |
| 2026-08-28 | 19.00x |
| 2026-08-27 | 19.27x |
| 2026-08-26 | 19.34x |
| 2026-08-25 | 19.29x |
| 2026-08-24 | 19.30x |
| 2026-08-21 | 19.80x |
| 2026-08-20 | 19.72x |
| 2026-08-19 | 19.77x |
| 2026-08-18 | 20.23x |
| 2026-08-17 | 20.94x |
| 2026-08-14 | 20.95x |
| 2026-08-13 | 20.95x |
| 2026-08-12 | 20.77x |
| 2026-08-11 | 20.29x |
| 2026-08-10 | 20.03x |
| 2026-08-07 | 20.22x |
| 2026-08-06 | 19.68x |
| 2026-08-05 | 20.01x |
| 2026-08-04 | 20.28x |
| 2026-08-03 | 19.73x |
| 2026-07-31 | 20.08x |
| 2026-07-30 | 21.49x |
| 2026-07-29 | 21.50x |
| 2026-07-28 | 22.00x |
| 2026-07-27 | 22.32x |
| 2026-07-24 | 22.77x |
| 2026-07-23 | 22.87x |
| 2026-07-22 | 22.83x |
| 2026-07-21 | 22.93x |
| 2026-07-20 | 22.54x |
| 2026-07-17 | 22.95x |
| 2026-07-16 | 23.35x |
| 2026-07-15 | 22.01x |
| 2026-07-14 | 22.48x |
| 2026-07-13 | 22.44x |
| 2026-07-10 | 22.29x |
| 2026-07-09 | 22.30x |
| 2026-07-08 | 21.98x |
| 2026-07-07 | 21.82x |
| 2026-07-06 | 22.19x |
| 2026-07-02 | 22.15x |
| 2026-07-01 | 22.21x |
| 2026-06-30 | 22.05x |
| 2026-06-29 | 22.13x |
| 2026-06-26 | 21.69x |
| 2026-06-25 | 21.84x |
| 2026-06-24 | 21.26x |
| 2026-06-23 | 21.49x |
| 2026-06-22 | 21.67x |
| 2026-06-18 | 21.51x |
| 2026-06-17 | 21.72x |
| 2026-06-16 | 22.88x |
| 2026-06-15 | 23.49x |
| 2026-06-12 | 24.19x |
| 2026-06-11 | 24.13x |
| 2026-06-10 | 23.07x |
| 2026-06-09 | 24.12x |
| 2026-06-08 | 23.85x |
| 2026-06-05 | 23.32x |
| 2026-06-04 | 23.35x |
| 2026-06-03 | 23.30x |
| 2026-06-02 | 23.13x |
| 2026-06-01 | 23.53x |
| 2026-05-29 | 22.88x |
| 2026-05-28 | 22.86x |
| 2026-05-27 | 22.76x |
| 2026-05-26 | 22.56x |
| 2026-05-22 | 21.83x |
| 2026-05-21 | 21.89x |
| 2026-05-20 | 22.56x |
| 2026-05-19 | 21.77x |
| 2026-05-18 | 21.60x |
| 2026-05-15 | 21.95x |
| 2026-05-14 | 22.07x |
| 2026-05-13 | 21.40x |
| 2026-05-12 | 21.19x |
| 2026-05-11 | 21.71x |
| 2026-05-08 | 21.98x |
| 2026-05-07 | 22.20x |
| 2026-05-06 | 22.63x |
| 2026-05-05 | 22.26x |
| 2026-05-04 | 21.55x |
| 2026-05-01 | 22.98x |
| 2026-04-30 | 24.69x |
| 2026-04-29 | 24.36x |
| 2026-04-28 | 24.87x |
| 2026-04-27 | 24.67x |
| 2026-04-24 | 25.03x |
| 2026-04-23 | 25.13x |
| 2026-04-22 | 24.78x |
| 2026-04-21 | 25.40x |
| 2026-04-20 | 25.48x |
| 2026-04-17 | 25.16x |
| 2026-04-16 | 24.88x |
| 2026-04-15 | 23.75x |
| 2026-04-14 | 23.97x |
| 2026-04-13 | 23.92x |
| 2026-04-10 | 23.98x |
| 2026-04-09 | 23.88x |
| 2026-04-08 | 23.88x |
| 2026-04-07 | 22.78x |
| 2026-04-06 | 23.24x |
| 2026-04-02 | 22.80x |
| 2026-04-01 | 22.60x |
| 2026-03-31 | 22.23x |
| 2026-03-30 | 21.45x |
| 2026-03-27 | 21.70x |
| 2026-03-26 | 21.93x |
| 2026-03-25 | 22.07x |
| 2026-03-24 | 21.44x |
| 2026-03-23 | 21.37x |
| 2026-03-20 | 21.01x |
| 2026-03-19 | 21.54x |
| 2026-03-18 | 21.77x |
| 2026-03-17 | 21.63x |
| 2026-03-16 | 21.34x |
| 2026-03-13 | 21.00x |
| 2026-03-12 | 21.10x |
| 2026-03-11 | 22.17x |
| 2026-03-10 | 22.24x |
| 2026-03-09 | 22.21x |
| 2026-03-06 | 21.66x |
| 2026-03-05 | 23.35x |
| 2026-03-04 | 24.14x |
| 2026-03-03 | 24.23x |
| 2026-03-02 | 24.21x |
| 2026-02-27 | 23.76x |
| 2026-02-26 | 23.25x |
| 2026-02-25 | 22.61x |
| 2026-02-24 | 23.19x |
| 2026-02-23 | 22.87x |
| 2026-02-20 | 23.70x |
| 2026-02-19 | 23.07x |
| 2026-02-18 | 23.04x |
| 2026-02-17 | 22.96x |
| 2026-02-13 | 22.30x |
| 2026-02-12 | 21.77x |
| 2026-02-11 | 22.93x |
| 2026-02-10 | 22.76x |
| 2026-02-09 | 23.41x |
| 2026-02-06 | 23.10x |
| 2026-02-05 | 21.89x |
| 2026-02-04 | 21.29x |
| 2026-02-03 | 20.31x |
| 2026-02-02 | 19.67x |
| 2026-01-30 | 18.19x |
| 2026-01-29 | 18.47x |
| 2026-01-28 | 18.20x |
| 2026-01-27 | 18.24x |
| 2026-01-26 | 18.26x |
| 2026-01-23 | 18.11x |
| 2026-01-22 | 18.34x |
| 2026-01-21 | 18.36x |
| 2026-01-20 | 17.98x |
| 2026-01-16 | 18.42x |
| 2026-01-15 | 18.81x |
| 2026-01-14 | 18.40x |
| 2026-01-13 | 18.11x |
| 2026-01-12 | 18.00x |
| 2026-01-09 | 18.06x |
| 2026-01-08 | 17.77x |
| 2026-01-07 | 17.78x |
| 2026-01-06 | 18.43x |
| 2026-01-05 | 17.90x |
| 2026-01-02 | 17.27x |
| 2025-12-31 | 16.99x |
| 2025-12-30 | 17.17x |
| 2025-12-29 | 17.30x |
| 2025-12-26 | 17.52x |
| 2025-12-24 | 17.51x |
| 2025-12-23 | 17.40x |
| 2025-12-22 | 17.52x |
| 2025-12-19 | 17.25x |
| 2025-12-18 | 17.48x |
| 2025-12-17 | 17.90x |
| 2025-12-16 | 18.20x |
| 2025-12-15 | 18.05x |
| 2025-12-12 | 18.29x |
| 2025-12-11 | 18.39x |
| 2025-12-10 | 18.42x |
| 2025-12-09 | 17.66x |
| 2025-12-08 | 17.48x |
| 2025-12-05 | 17.68x |
| 2025-12-04 | 17.48x |
| 2025-12-03 | 17.37x |
| 2025-12-02 | 16.94x |
| 2025-12-01 | 17.73x |
| 2025-11-28 | 17.60x |
| 2025-11-26 | 17.56x |
| 2025-11-25 | 17.39x |
| 2025-11-24 | 16.78x |
| 2025-11-21 | 16.66x |
| 2025-11-20 | 15.98x |
| 2025-11-19 | 16.09x |
| 2025-11-18 | 16.29x |
| 2025-11-17 | 16.20x |
| 2025-11-14 | 16.78x |
| 2025-11-13 | 16.95x |
| 2025-11-12 | 17.44x |
| 2025-11-11 | 17.22x |
| 2025-11-10 | 17.33x |
| 2025-11-07 | 17.47x |
| 2025-11-06 | 17.02x |
| 2025-11-05 | 17.23x |
| 2025-11-04 | 17.46x |
| 2025-11-03 | 17.23x |
| 2025-10-31 | 17.78x |
| 2025-10-30 | 17.07x |
| 2025-10-29 | 15.93x |
| 2025-10-28 | 15.82x |
| 2025-10-27 | 15.99x |
| 2025-10-24 | 16.04x |
| 2025-10-23 | 16.01x |
| 2025-10-22 | 16.59x |
| 2025-10-21 | 17.07x |
| 2025-10-20 | 16.85x |
| 2025-10-17 | 16.46x |
| 2025-10-16 | 16.57x |
| 2025-10-15 | 16.38x |
| 2025-10-14 | 16.41x |
| 2025-10-13 | 16.31x |
| 2025-10-10 | 16.40x |
| 2025-10-09 | 17.24x |
| 2025-10-08 | 17.23x |
| 2025-10-07 | 16.71x |
| 2025-10-06 | 16.81x |
| 2025-10-03 | 16.31x |
| 2025-10-02 | 16.15x |
| 2025-10-01 | 16.15x |
| 2025-09-30 | 16.39x |
| 2025-09-29 | 16.20x |
| 2025-09-26 | 16.07x |
| 2025-09-25 | 16.38x |
| 2025-09-24 | 16.48x |
| 2025-09-23 | 16.80x |
| 2025-09-22 | 16.60x |
| 2025-09-19 | 16.56x |
| 2025-09-18 | 16.63x |
| 2025-09-17 | 16.44x |
| 2025-09-16 | 17.01x |
| 2025-09-15 | 16.86x |
| 2025-09-12 | 16.48x |
| 2025-09-11 | 16.91x |
| 2025-09-10 | 16.49x |
| 2025-09-09 | 16.52x |
| 2025-09-08 | 16.73x |
| 2025-09-05 | 16.56x |
| 2025-09-04 | 16.55x |
| 2025-09-03 | 16.05x |
| 2025-09-02 | 16.15x |
| 2025-08-29 | 16.43x |
| 2025-08-28 | 16.48x |
| 2025-08-27 | 16.68x |
Showing the most recent 260 of 3,965 data points. The chart above shows the full history.
