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 21.06x is 71% below its estimated 5-year average of 71.90x, near the low end of its estimated 5-year range (19.16x–1719.20x).
As of 2026-09-21T20:00:51.994Z. 54.39% below its estimated 12-month average of 46.18x.
Calculation as of: 2026-09-21T20:00:51.994Z.
Quote observation: 2026-09-21T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 33bfee72cb840137ce958392a72e529e8c263bd6d87e7112051edada42d2ba57
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/EBIT RATIO
21.06x
EV/EBIT RATIO AVG TTM
46.18x
EV/EBIT RATIO AVG 3Y
50.97x
EV/EBIT RATIO AVG 5Y
71.90x
EV/EBIT RATIO AVG 10Y
N/A
EV/EBIT RATIO AVG 15Y
N/A
EV/EBIT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-54.39%
CURRENT VS 3Y AVG
-58.68%
CURRENT VS 5Y AVG
-70.71%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
32.44x
median of 151 covered companies
CURRENT VS SECTOR MEDIAN
-35.08%
vs the sector median at left
AppLovin Corporation
Market Cap
$110.92B
EV/EBIT Ratio
21.06x
TTM Avg
46.18x
3Y Avg
50.97x
5Y Avg
71.90x
Market Cap
$107.90B
EV/EBIT Ratio
26.71x
TTM Avg
24.22x
3Y Avg
23.38x
5Y Avg
24.21x
Market Cap
$96.11B
EV/EBIT Ratio
46.20x
TTM Avg
37.17x
3Y Avg
25.02x
5Y Avg
19.56x
Market Cap
$87.23B
EV/EBIT Ratio
5888.67x
TTM Avg
5786.45x
3Y Avg
1759.53x
5Y Avg
2805.12x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AppLovin Corporation (APP) | $110.92B | 21.06x | 46.18x | 50.97x | 71.90x |
| Accenture plc (ACN)vs › | $113.89B | 10.31x | 12.33x | 18.68x | 20.10x |
| Automatic Data Processing, Inc. (ADP)vs › | $107.90B | 26.71x | 24.22x | 23.38x | 24.21x |
| Snowflake Inc. (SNOW)vs › | $116.72B | N/A | N/A | N/A | N/A |
| Adobe Inc. (ADBE)vs › | $99.18B | 10.27x | 13.77x | 26.46x | 30.03x |
| Cloudflare, Inc. (NET)vs › | $124.85B | N/A | N/A | N/A | N/A |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $96.11B | 46.20x | 37.17x | 25.02x | 19.56x |
| Fortinet, Inc. (FTNT)vs › | $128.57B | 51.68x | 36.40x | 38.55x | 49.25x |
| Datadog, Inc. (DDOG)vs › | $87.23B | 5888.67x | 5786.45x | 1759.53x | 2805.12x |
| Corning Inc (GLW)vs › | $136.94B | 54.81x | 54.08x | 47.77x | 37.15x |
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 |
|---|---|
| 2026-09-11 | 20.78x |
| 2026-09-10 | 20.18x |
| 2026-09-09 | 19.58x |
| 2026-09-08 | 20.02x |
| 2026-09-04 | 20.57x |
| 2026-09-03 | 20.12x |
| 2026-09-02 | 20.47x |
| 2026-09-01 | 20.00x |
| 2026-08-31 | 20.02x |
| 2026-08-28 | 20.39x |
| 2026-08-27 | 20.06x |
| 2026-08-26 | 19.77x |
| 2026-08-25 | 19.93x |
| 2026-08-24 | 19.16x |
| 2026-08-21 | 19.62x |
| 2026-08-20 | 19.81x |
| 2026-08-19 | 19.94x |
| 2026-08-18 | 19.72x |
| 2026-08-17 | 20.02x |
| 2026-08-14 | 20.24x |
| 2026-08-13 | 20.06x |
| 2026-08-12 | 19.49x |
| 2026-08-11 | 20.45x |
| 2026-08-10 | 21.75x |
| 2026-08-07 | 22.24x |
| 2026-08-06 | 21.53x |
| 2026-08-05 | 29.94x |
| 2026-08-04 | 30.08x |
| 2026-08-03 | 29.11x |
| 2026-07-31 | 28.38x |
| 2026-07-30 | 28.95x |
| 2026-07-29 | 28.63x |
| 2026-07-28 | 29.97x |
| 2026-07-27 | 29.58x |
| 2026-07-24 | 28.10x |
| 2026-07-23 | 28.59x |
| 2026-07-22 | 29.56x |
| 2026-07-21 | 30.72x |
| 2026-07-20 | 30.43x |
| 2026-07-17 | 30.42x |
| 2026-07-16 | 31.13x |
| 2026-07-15 | 32.43x |
| 2026-07-14 | 32.16x |
| 2026-07-13 | 31.73x |
| 2026-07-10 | 36.30x |
| 2026-07-09 | 37.26x |
| 2026-07-08 | 37.38x |
| 2026-07-07 | 37.80x |
| 2026-07-06 | 38.92x |
| 2026-07-02 | 37.73x |
| 2026-07-01 | 40.41x |
| 2026-06-30 | 36.89x |
| 2026-06-29 | 35.71x |
| 2026-06-26 | 34.17x |
| 2026-06-25 | 31.95x |
| 2026-06-24 | 33.30x |
| 2026-06-23 | 33.45x |
| 2026-06-22 | 33.62x |
| 2026-06-18 | 33.64x |
| 2026-06-17 | 34.34x |
| 2026-06-16 | 36.88x |
| 2026-06-15 | 37.29x |
| 2026-06-12 | 35.57x |
| 2026-06-11 | 34.27x |
| 2026-06-10 | 35.30x |
| 2026-06-09 | 37.29x |
| 2026-06-08 | 40.34x |
| 2026-06-05 | 39.88x |
| 2026-06-04 | 40.00x |
| 2026-06-03 | 40.85x |
| 2026-06-02 | 43.33x |
| 2026-06-01 | 43.91x |
| 2026-05-29 | 43.86x |
| 2026-05-28 | 42.92x |
| 2026-05-27 | 40.64x |
| 2026-05-26 | 36.82x |
| 2026-05-22 | 34.49x |
| 2026-05-21 | 34.79x |
| 2026-05-20 | 34.54x |
| 2026-05-19 | 34.15x |
| 2026-05-18 | 35.26x |
| 2026-05-15 | 35.87x |
| 2026-05-14 | 34.74x |
| 2026-05-13 | 32.49x |
| 2026-05-12 | 35.14x |
| 2026-05-11 | 34.26x |
| 2026-05-08 | 33.56x |
| 2026-05-07 | 35.72x |
| 2026-05-06 | 38.64x |
| 2026-05-05 | 39.40x |
| 2026-05-04 | 39.14x |
| 2026-05-01 | 37.91x |
| 2026-04-30 | 36.80x |
| 2026-04-29 | 36.56x |
| 2026-04-28 | 37.01x |
| 2026-04-27 | 37.94x |
| 2026-04-24 | 36.95x |
| 2026-04-23 | 37.44x |
| 2026-04-22 | 39.85x |
| 2026-04-21 | 38.99x |
| 2026-04-20 | 40.45x |
| 2026-04-17 | 39.32x |
| 2026-04-16 | 38.41x |
| 2026-04-15 | 38.29x |
| 2026-04-14 | 35.74x |
| 2026-04-13 | 34.43x |
| 2026-04-10 | 32.30x |
| 2026-04-09 | 31.29x |
| 2026-04-08 | 32.28x |
| 2026-04-07 | 33.86x |
| 2026-04-06 | 34.04x |
| 2026-04-02 | 31.89x |
| 2026-04-01 | 32.01x |
| 2026-03-31 | 32.84x |
| 2026-03-30 | 30.72x |
| 2026-03-27 | 31.46x |
| 2026-03-26 | 32.28x |
| 2026-03-25 | 36.00x |
| 2026-03-24 | 35.94x |
| 2026-03-23 | 37.83x |
| 2026-03-20 | 36.47x |
| 2026-03-19 | 36.27x |
| 2026-03-18 | 36.49x |
| 2026-03-17 | 37.84x |
| 2026-03-16 | 37.36x |
| 2026-03-13 | 37.80x |
| 2026-03-12 | 37.04x |
| 2026-03-11 | 38.03x |
| 2026-03-10 | 39.34x |
| 2026-03-09 | 42.60x |
| 2026-03-06 | 41.36x |
| 2026-03-05 | 41.89x |
| 2026-03-04 | 39.78x |
| 2026-03-03 | 36.18x |
| 2026-03-02 | 35.70x |
| 2026-02-27 | 35.85x |
| 2026-02-26 | 36.68x |
| 2026-02-25 | 34.77x |
| 2026-02-24 | 32.45x |
| 2026-02-23 | 31.41x |
| 2026-02-20 | 34.53x |
| 2026-02-19 | 40.84x |
| 2026-02-18 | 40.10x |
| 2026-02-17 | 37.36x |
| 2026-02-13 | 38.74x |
| 2026-02-12 | 36.43x |
| 2026-02-11 | 45.23x |
| 2026-02-10 | 46.80x |
| 2026-02-09 | 45.58x |
| 2026-02-06 | 40.33x |
| 2026-02-05 | 37.25x |
| 2026-02-04 | 38.43x |
| 2026-02-03 | 45.72x |
| 2026-02-02 | 47.79x |
| 2026-01-30 | 46.82x |
| 2026-01-29 | 56.23x |
| 2026-01-28 | 53.60x |
| 2026-01-27 | 53.72x |
| 2026-01-26 | 52.92x |
| 2026-01-23 | 51.84x |
| 2026-01-22 | 51.60x |
| 2026-01-21 | 52.64x |
| 2026-01-20 | 55.87x |
| 2026-01-16 | 56.18x |
| 2026-01-15 | 59.92x |
| 2026-01-14 | 60.98x |
| 2026-01-13 | 65.96x |
| 2026-01-12 | 64.98x |
| 2026-01-09 | 63.91x |
| 2026-01-08 | 60.86x |
| 2026-01-07 | 62.46x |
| 2026-01-06 | 60.93x |
| 2026-01-05 | 62.46x |
| 2026-01-02 | 61.03x |
| 2025-12-31 | 66.46x |
| 2025-12-30 | 68.41x |
| 2025-12-29 | 68.91x |
| 2025-12-26 | 70.42x |
| 2025-12-24 | 71.72x |
| 2025-12-23 | 71.81x |
| 2025-12-22 | 72.31x |
| 2025-12-19 | 71.12x |
| 2025-12-18 | 68.47x |
| 2025-12-17 | 64.83x |
| 2025-12-16 | 66.80x |
| 2025-12-15 | 66.60x |
| 2025-12-12 | 66.15x |
| 2025-12-11 | 70.69x |
| 2025-12-10 | 69.35x |
| 2025-12-09 | 71.43x |
| 2025-12-08 | 68.02x |
| 2025-12-05 | 68.24x |
| 2025-12-04 | 67.44x |
| 2025-12-03 | 65.33x |
| 2025-12-02 | 64.43x |
| 2025-12-01 | 61.55x |
| 2025-11-28 | 59.19x |
| 2025-11-26 | 57.91x |
| 2025-11-25 | 54.94x |
| 2025-11-24 | 55.31x |
| 2025-11-21 | 51.44x |
| 2025-11-20 | 51.49x |
| 2025-11-19 | 52.40x |
| 2025-11-18 | 52.00x |
| 2025-11-17 | 53.30x |
| 2025-11-14 | 55.10x |
| 2025-11-13 | 54.95x |
| 2025-11-12 | 57.76x |
| 2025-11-11 | 58.74x |
| 2025-11-10 | 64.26x |
| 2025-11-07 | 61.19x |
| 2025-11-06 | 61.33x |
| 2025-11-05 | 72.61x |
| 2025-11-04 | 71.64x |
| 2025-11-03 | 74.37x |
| 2025-10-31 | 74.97x |
| 2025-10-30 | 73.03x |
| 2025-10-29 | 74.26x |
| 2025-10-28 | 73.75x |
| 2025-10-27 | 75.64x |
| 2025-10-24 | 72.95x |
| 2025-10-23 | 69.43x |
| 2025-10-22 | 66.53x |
| 2025-10-21 | 65.11x |
| 2025-10-20 | 66.66x |
| 2025-10-17 | 70.55x |
| 2025-10-16 | 71.29x |
| 2025-10-15 | 70.89x |
| 2025-10-14 | 69.47x |
| 2025-10-13 | 69.47x |
| 2025-10-10 | 67.12x |
| 2025-10-09 | 70.66x |
| 2025-10-08 | 74.08x |
| 2025-10-07 | 74.33x |
| 2025-10-06 | 69.11x |
| 2025-10-03 | 80.26x |
| 2025-10-02 | 80.36x |
| 2025-10-01 | 82.74x |
| 2025-09-30 | 84.42x |
| 2025-09-29 | 83.70x |
| 2025-09-26 | 78.76x |
| 2025-09-25 | 75.27x |
| 2025-09-24 | 75.50x |
| 2025-09-23 | 76.58x |
| 2025-09-22 | 75.69x |
| 2025-09-19 | 76.40x |
| 2025-09-18 | 73.13x |
| 2025-09-17 | 71.40x |
| 2025-09-16 | 71.07x |
| 2025-09-15 | 69.83x |
| 2025-09-12 | 68.53x |
| 2025-09-11 | 67.29x |
| 2025-09-10 | 66.80x |
| 2025-09-09 | 65.76x |
| 2025-09-08 | 64.46x |
| 2025-09-05 | 57.85x |
| 2025-09-04 | 58.98x |
| 2025-09-03 | 57.51x |
| 2025-09-02 | 56.86x |
| 2025-08-29 | 56.49x |
Showing the most recent 260 of 1,160 data points. The chart above shows the full history.
