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 5.77x is 96% above its estimated 5-year average of 2.95x, near the high end of its estimated 5-year range (1.92x–6.37x).
As of 2026-09-23T16:00:57.977Z. 101.30% above its estimated 12-month average of 2.87x.
Calculation as of: 2026-09-23T16:00:57.977Z.
Quote observation: 2026-09-23T16:00:47.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 6c28f54c84930cd35d833451b028ddfb9b6af3f6bd09aa70931c4a3eef5512c8
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 2026-09-11.
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
5.77x
EV/EBITDA RATIO AVG TTM
2.87x
EV/EBITDA RATIO AVG 3Y
2.84x
EV/EBITDA RATIO AVG 5Y
2.95x
EV/EBITDA RATIO AVG 10Y
4.83x
EV/EBITDA RATIO AVG 15Y
4.77x
EV/EBITDA RATIO AVG 20Y
4.70x
CURRENT VS TTM AVG
+101.30%
CURRENT VS 3Y AVG
+102.93%
CURRENT VS 5Y AVG
+95.56%
CURRENT VS 10Y AVG
+19.51%
CURRENT VS 15Y AVG
+21.08%
CURRENT VS 20Y AVG
+22.75%
SECTOR MEDIAN · ENERGY
9.08x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
-36.45%
vs the sector median at left
Market Cap
$20.38B
EV/EBITDA Ratio
3.64x
TTM Avg
6.01x
3Y Avg
9.12x
5Y Avg
7.32x
Market Cap
$10.31B
EV/EBITDA Ratio
14.57x
TTM Avg
14.00x
3Y Avg
12.93x
5Y Avg
12.24x
Market Cap
$21.54B
EV/EBITDA Ratio
8.40x
TTM Avg
11.16x
3Y Avg
14.63x
5Y Avg
21.50x
Market Cap
$7.26B
EV/EBITDA Ratio
4.45x
TTM Avg
4.87x
3Y Avg
5.12x
5Y Avg
4.28x
Market Cap
$23.82B
EV/EBITDA Ratio
31.87x
TTM Avg
38.86x
3Y Avg
37.40x
5Y Avg
33.07x
Market Cap
$6.10B
EV/EBITDA Ratio
7.29x
TTM Avg
6.90x
3Y Avg
6.44x
5Y Avg
6.89x
Market Cap
$4.68B
EV/EBITDA Ratio
3.59x
TTM Avg
4.20x
3Y Avg
4.04x
5Y Avg
3.64x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| APA Corporation (APA) | $15.52B | 5.77x | 2.87x | 2.84x | 2.95x |
| Nextpower Inc. (NXT)vs › | $12.67B | 15.51x | 20.25x | 16.21x | 16.77x |
| Expand Energy Corporation (EXE)vs › | $20.38B | 3.64x | 6.01x | 9.12x | 7.32x |
| Antero Midstream Corporation (AM)vs › | $10.31B | 14.57x | 14.00x | 12.93x | 12.24x |
| First Solar, Inc. (FSLR)vs › | $21.54B | 8.40x | 11.16x | 14.63x | 21.50x |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $7.26B | 4.45x | 4.87x | 5.12x | 4.28x |
| Texas Pacific Land Corporation (TPL)vs › | $23.82B | 31.87x | 38.86x | 37.40x | 33.07x |
| Weatherford International plc (WFRD)vs › | $6.10B | 7.29x | 6.90x | 6.44x | 6.89x |
| California Resources Corp (CRC)vs › | $4.68B | 3.59x | 4.20x | 4.04x | 3.64x |
| Oceaneering International, Inc. (OII)vs › | $4.61B | 11.86x | 9.09x | 9.01x | 9.36x |
At 5.8, EV/EBITDA is above its estimated 20-year median — higher than 68% 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
1.9
median
4.4
estimated 20-year high
41.3
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 |
|---|---|
| 2026-09-11 | 5.86x |
| 2026-09-10 | 5.84x |
| 2026-09-09 | 5.88x |
| 2026-09-08 | 5.74x |
| 2026-09-04 | 5.65x |
| 2026-09-03 | 5.81x |
| 2026-09-02 | 5.86x |
| 2026-09-01 | 5.82x |
| 2026-08-31 | 5.69x |
| 2026-08-28 | 5.63x |
| 2026-08-27 | 5.61x |
| 2026-08-26 | 5.48x |
| 2026-08-25 | 5.50x |
| 2026-08-24 | 5.67x |
| 2026-08-21 | 5.72x |
| 2026-08-20 | 5.83x |
| 2026-08-19 | 5.73x |
| 2026-08-18 | 5.61x |
| 2026-08-17 | 5.53x |
| 2026-08-14 | 5.41x |
| 2026-08-13 | 5.36x |
| 2026-08-12 | 5.35x |
| 2026-08-11 | 5.42x |
| 2026-08-10 | 5.47x |
| 2026-08-07 | 5.10x |
| 2026-08-06 | 3.35x |
| 2026-08-05 | 3.22x |
| 2026-08-04 | 3.30x |
| 2026-08-03 | 3.37x |
| 2026-07-31 | 3.40x |
| 2026-07-30 | 3.33x |
| 2026-07-29 | 3.36x |
| 2026-07-28 | 3.24x |
| 2026-07-27 | 3.22x |
| 2026-07-24 | 3.32x |
| 2026-07-23 | 3.34x |
| 2026-07-22 | 3.32x |
| 2026-07-21 | 3.29x |
| 2026-07-20 | 3.23x |
| 2026-07-17 | 3.26x |
| 2026-07-16 | 3.19x |
| 2026-07-15 | 3.19x |
| 2026-07-14 | 3.21x |
| 2026-07-13 | 3.22x |
| 2026-07-10 | 3.13x |
| 2026-07-09 | 3.12x |
| 2026-07-08 | 3.24x |
| 2026-07-07 | 3.17x |
| 2026-07-06 | 3.07x |
| 2026-07-02 | 3.06x |
| 2026-07-01 | 3.02x |
| 2026-06-30 | 3.07x |
| 2026-06-29 | 3.10x |
| 2026-06-26 | 3.10x |
| 2026-06-25 | 3.13x |
| 2026-06-24 | 3.13x |
| 2026-06-23 | 3.19x |
| 2026-06-22 | 3.19x |
| 2026-06-18 | 3.10x |
| 2026-06-17 | 3.17x |
| 2026-06-16 | 3.19x |
| 2026-06-15 | 3.22x |
| 2026-06-12 | 3.38x |
| 2026-06-11 | 3.36x |
| 2026-06-10 | 3.45x |
| 2026-06-09 | 3.35x |
| 2026-06-08 | 3.42x |
| 2026-06-05 | 3.35x |
| 2026-06-04 | 3.46x |
| 2026-06-03 | 3.47x |
| 2026-06-02 | 3.43x |
| 2026-06-01 | 3.43x |
| 2026-05-29 | 3.34x |
| 2026-05-28 | 3.35x |
| 2026-05-27 | 3.35x |
| 2026-05-26 | 3.41x |
| 2026-05-22 | 3.50x |
| 2026-05-21 | 3.47x |
| 2026-05-20 | 3.54x |
| 2026-05-19 | 3.65x |
| 2026-05-18 | 3.60x |
| 2026-05-15 | 3.51x |
| 2026-05-14 | 3.39x |
| 2026-05-13 | 3.38x |
| 2026-05-12 | 3.38x |
| 2026-05-11 | 3.36x |
| 2026-05-08 | 3.28x |
| 2026-05-07 | 3.32x |
| 2026-05-06 | 3.46x |
| 2026-05-05 | 3.68x |
| 2026-05-04 | 3.72x |
| 2026-05-01 | 3.59x |
| 2026-04-30 | 3.63x |
| 2026-04-29 | 3.60x |
| 2026-04-28 | 3.49x |
| 2026-04-27 | 3.47x |
| 2026-04-24 | 3.42x |
| 2026-04-23 | 3.49x |
| 2026-04-22 | 3.45x |
| 2026-04-21 | 3.42x |
| 2026-04-20 | 3.30x |
| 2026-04-17 | 3.29x |
| 2026-04-16 | 3.44x |
| 2026-04-15 | 3.35x |
| 2026-04-14 | 3.38x |
| 2026-04-13 | 3.54x |
| 2026-04-10 | 3.49x |
| 2026-04-09 | 3.51x |
| 2026-04-08 | 3.49x |
| 2026-04-07 | 3.78x |
| 2026-04-06 | 3.79x |
| 2026-04-02 | 3.72x |
| 2026-04-01 | 3.67x |
| 2026-03-31 | 3.75x |
| 2026-03-30 | 3.84x |
| 2026-03-27 | 3.88x |
| 2026-03-26 | 3.77x |
| 2026-03-25 | 3.67x |
| 2026-03-24 | 3.63x |
| 2026-03-23 | 3.51x |
| 2026-03-20 | 3.52x |
| 2026-03-19 | 3.45x |
| 2026-03-18 | 3.35x |
| 2026-03-17 | 3.30x |
| 2026-03-16 | 3.20x |
| 2026-03-13 | 3.20x |
| 2026-03-12 | 3.14x |
| 2026-03-11 | 3.10x |
| 2026-03-10 | 3.02x |
| 2026-03-09 | 3.07x |
| 2026-03-06 | 3.08x |
| 2026-03-05 | 3.06x |
| 2026-03-04 | 2.97x |
| 2026-03-03 | 3.02x |
| 2026-03-02 | 3.01x |
| 2026-02-27 | 2.92x |
| 2026-02-26 | 2.67x |
| 2026-02-25 | 2.59x |
| 2026-02-24 | 2.64x |
| 2026-02-23 | 2.65x |
| 2026-02-20 | 2.67x |
| 2026-02-19 | 2.67x |
| 2026-02-18 | 2.64x |
| 2026-02-17 | 2.56x |
| 2026-02-13 | 2.59x |
| 2026-02-12 | 2.53x |
| 2026-02-11 | 2.62x |
| 2026-02-10 | 2.56x |
| 2026-02-09 | 2.57x |
| 2026-02-06 | 2.56x |
| 2026-02-05 | 2.50x |
| 2026-02-04 | 2.56x |
| 2026-02-03 | 2.50x |
| 2026-02-02 | 2.46x |
| 2026-01-30 | 2.49x |
| 2026-01-29 | 2.49x |
| 2026-01-28 | 2.47x |
| 2026-01-27 | 2.46x |
| 2026-01-26 | 2.43x |
| 2026-01-23 | 2.45x |
| 2026-01-22 | 2.44x |
| 2026-01-21 | 2.50x |
| 2026-01-20 | 2.43x |
| 2026-01-16 | 2.45x |
| 2026-01-15 | 2.47x |
| 2026-01-14 | 2.51x |
| 2026-01-13 | 2.45x |
| 2026-01-12 | 2.40x |
| 2026-01-09 | 2.42x |
| 2026-01-08 | 2.43x |
| 2026-01-07 | 2.30x |
| 2026-01-06 | 2.33x |
| 2026-01-05 | 2.37x |
| 2026-01-02 | 2.43x |
| 2025-12-31 | 2.37x |
| 2025-12-30 | 2.38x |
| 2025-12-29 | 2.36x |
| 2025-12-26 | 2.35x |
| 2025-12-24 | 2.36x |
| 2025-12-23 | 2.36x |
| 2025-12-22 | 2.36x |
| 2025-12-19 | 2.34x |
| 2025-12-18 | 2.32x |
| 2025-12-17 | 2.38x |
| 2025-12-16 | 2.33x |
| 2025-12-15 | 2.42x |
| 2025-12-12 | 2.46x |
| 2025-12-11 | 2.46x |
| 2025-12-10 | 2.49x |
| 2025-12-09 | 2.49x |
| 2025-12-08 | 2.48x |
| 2025-12-05 | 2.54x |
| 2025-12-04 | 2.51x |
| 2025-12-03 | 2.53x |
| 2025-12-02 | 2.43x |
| 2025-12-01 | 2.42x |
| 2025-11-28 | 2.40x |
| 2025-11-26 | 2.38x |
| 2025-11-25 | 2.34x |
| 2025-11-24 | 2.36x |
| 2025-11-21 | 2.33x |
| 2025-11-20 | 2.30x |
| 2025-11-19 | 2.34x |
| 2025-11-18 | 2.40x |
| 2025-11-17 | 2.36x |
| 2025-11-14 | 2.39x |
| 2025-11-13 | 2.38x |
| 2025-11-12 | 2.33x |
| 2025-11-11 | 2.37x |
| 2025-11-10 | 2.36x |
| 2025-11-07 | 2.32x |
| 2025-11-06 | 2.32x |
| 2025-11-05 | 2.19x |
| 2025-11-04 | 2.22x |
| 2025-11-03 | 2.24x |
| 2025-10-31 | 2.25x |
| 2025-10-30 | 2.24x |
| 2025-10-29 | 2.25x |
| 2025-10-28 | 2.26x |
| 2025-10-27 | 2.30x |
| 2025-10-24 | 2.33x |
| 2025-10-23 | 2.38x |
| 2025-10-22 | 2.27x |
| 2025-10-21 | 2.25x |
| 2025-10-20 | 2.24x |
| 2025-10-17 | 2.25x |
| 2025-10-16 | 2.28x |
| 2025-10-15 | 2.29x |
| 2025-10-14 | 2.27x |
| 2025-10-13 | 2.26x |
| 2025-10-10 | 2.21x |
| 2025-10-09 | 2.32x |
| 2025-10-08 | 2.38x |
| 2025-10-07 | 2.41x |
| 2025-10-06 | 2.41x |
| 2025-10-03 | 2.37x |
| 2025-10-02 | 2.33x |
| 2025-10-01 | 2.41x |
| 2025-09-30 | 2.36x |
| 2025-09-29 | 2.36x |
| 2025-09-26 | 2.38x |
| 2025-09-25 | 2.36x |
| 2025-09-24 | 2.37x |
| 2025-09-23 | 2.34x |
| 2025-09-22 | 2.31x |
| 2025-09-19 | 2.31x |
| 2025-09-18 | 2.33x |
| 2025-09-17 | 2.35x |
| 2025-09-16 | 2.37x |
| 2025-09-15 | 2.27x |
| 2025-09-12 | 2.27x |
| 2025-09-11 | 2.27x |
| 2025-09-10 | 2.29x |
| 2025-09-09 | 2.19x |
| 2025-09-08 | 2.23x |
| 2025-09-05 | 2.26x |
| 2025-09-04 | 2.30x |
| 2025-09-03 | 2.26x |
| 2025-09-02 | 2.33x |
| 2025-08-29 | 2.29x |
Showing the most recent 260 of 4,956 data points. The chart above shows the full history.