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 10.89x is 76% below its estimated 5-year average of 45.57x, near the low end of its estimated 5-year range (7.34x–221.89x).
As of 2026-09-19T00:15:25.347Z. 72.74% below its estimated 12-month average of 39.94x.
Calculation as of: 2026-09-19T00:15:25.347Z.
Quote observation: 2026-09-18T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 6df84adc8f3ef9f7237bdd0c1bea1d2753e34be49195afa836015e8bde76ee4f
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
10.89x
EV/EBITDA RATIO AVG TTM
39.94x
EV/EBITDA RATIO AVG 3Y
11.56x
EV/EBITDA RATIO AVG 5Y
45.57x
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
-72.74%
CURRENT VS 3Y AVG
-5.77%
CURRENT VS 5Y AVG
-76.10%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
9.50x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+14.57%
vs the sector median at left
Array Technologies, Inc.
Market Cap
$624.54M
EV/EBITDA Ratio
10.89x
TTM Avg
39.94x
3Y Avg
11.56x
5Y Avg
45.57x
Market Cap
$1.44B
EV/EBITDA Ratio
7.78x
TTM Avg
8.12x
3Y Avg
8.52x
5Y Avg
8.66x
Market Cap
$1.45B
EV/EBITDA Ratio
9.82x
TTM Avg
9.06x
3Y Avg
6.85x
5Y Avg
5.96x
Market Cap
$2.11B
EV/EBITDA Ratio
N/A
TTM Avg
30.11x
3Y Avg
59.87x
5Y Avg
52.31x
Market Cap
$2.75B
EV/EBITDA Ratio
121.27x
TTM Avg
76.46x
3Y Avg
38.65x
5Y Avg
26.67x
Market Cap
$4.09B
EV/EBITDA Ratio
5.89x
TTM Avg
7.55x
3Y Avg
5.72x
5Y Avg
13.08x
Market Cap
$4.58B
EV/EBITDA Ratio
24.60x
TTM Avg
26.58x
3Y Avg
45.77x
5Y Avg
63.73x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Array Technologies, Inc. (ARRY) | $624.54M | 10.89x | 39.94x | 11.56x | 45.57x |
| Star Group, L.P. (SGU)vs › | $414.69M | 4.48x | 4.96x | 6.36x | 6.51x |
| enCore Energy Corp. (EU)vs › | $174.06M | N/A | 1.86x | 1.10x | 1.10x |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.44B | 7.78x | 8.12x | 8.52x | 8.66x |
| Natural Resource Partners L.P. (NRP)vs › | $1.45B | 9.82x | 9.06x | 6.85x | 5.96x |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.11B | N/A | 30.11x | 59.87x | 52.31x |
| Centrus Energy Corp. (LEU)vs › | $2.75B | 121.27x | 76.46x | 38.65x | 26.67x |
| Helmerich & Payne, Inc. (HP)vs › | $4.09B | 5.89x | 7.55x | 5.72x | 13.08x |
| Enphase Energy, Inc. (ENPH)vs › | $4.58B | 24.60x | 26.58x | 45.77x | 63.73x |
| Oceaneering International, Inc. (OII)vs › | $4.61B | 11.85x | 9.09x | 9.01x | 9.36x |
At 10.9, EV/EBITDA is below its estimated 6-year median — higher than 20% of readings in its estimated 6-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 6-year low
7.3
median
27.7
estimated 6-year high
221.9
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 | 11.85x |
| 2026-09-10 | 11.74x |
| 2026-09-09 | 11.63x |
| 2026-09-08 | 11.98x |
| 2026-09-04 | 11.82x |
| 2026-09-03 | 11.73x |
| 2026-09-02 | 11.77x |
| 2026-09-01 | 11.44x |
| 2026-08-31 | 11.54x |
| 2026-08-28 | 11.81x |
| 2026-08-27 | 11.93x |
| 2026-08-26 | 12.00x |
| 2026-08-25 | 11.74x |
| 2026-08-24 | 11.77x |
| 2026-08-21 | 11.96x |
| 2026-08-20 | 12.00x |
| 2026-08-19 | 12.33x |
| 2026-08-18 | 12.14x |
| 2026-08-17 | 12.42x |
| 2026-08-14 | 12.53x |
| 2026-08-13 | 12.72x |
| 2026-08-12 | 12.76x |
| 2026-08-11 | 13.01x |
| 2026-08-10 | 12.96x |
| 2026-08-07 | 13.33x |
| 2026-08-06 | 12.85x |
| 2026-08-05 | 13.68x |
| 2026-08-04 | 14.22x |
| 2026-08-03 | 13.73x |
| 2026-07-31 | 13.06x |
| 2026-07-30 | 12.85x |
| 2026-07-29 | 12.46x |
| 2026-07-28 | 12.88x |
| 2026-07-27 | 13.48x |
| 2026-07-24 | 13.21x |
| 2026-07-23 | 13.66x |
| 2026-07-22 | 13.94x |
| 2026-07-21 | 14.28x |
| 2026-07-20 | 14.13x |
| 2026-07-17 | 14.37x |
| 2026-07-16 | 14.57x |
| 2026-07-15 | 14.75x |
| 2026-07-14 | 14.61x |
| 2026-07-13 | 14.38x |
| 2026-07-10 | 14.75x |
| 2026-07-09 | 14.88x |
| 2026-07-08 | 14.70x |
| 2026-07-07 | 15.11x |
| 2026-07-06 | 15.70x |
| 2026-07-02 | 15.63x |
| 2026-07-01 | 15.92x |
| 2026-06-30 | 16.27x |
| 2026-06-29 | 16.02x |
| 2026-06-26 | 15.85x |
| 2026-06-25 | 16.68x |
| 2026-06-24 | 16.68x |
| 2026-06-23 | 16.99x |
| 2026-06-22 | 17.93x |
| 2026-06-18 | 17.14x |
| 2026-06-17 | 16.64x |
| 2026-06-16 | 16.93x |
| 2026-06-15 | 17.26x |
| 2026-06-12 | 16.80x |
| 2026-06-11 | 16.33x |
| 2026-06-10 | 15.44x |
| 2026-06-09 | 16.27x |
| 2026-06-08 | 16.90x |
| 2026-06-05 | 17.27x |
| 2026-06-04 | 18.74x |
| 2026-06-03 | 18.24x |
| 2026-06-02 | 18.93x |
| 2026-06-01 | 18.34x |
| 2026-05-29 | 18.72x |
| 2026-05-28 | 18.99x |
| 2026-05-27 | 18.65x |
| 2026-05-26 | 17.76x |
| 2026-05-22 | 17.84x |
| 2026-05-21 | 17.43x |
| 2026-05-20 | 17.52x |
| 2026-05-19 | 17.23x |
| 2026-05-18 | 17.80x |
| 2026-05-15 | 18.56x |
| 2026-05-14 | 18.05x |
| 2026-05-13 | 18.30x |
| 2026-05-12 | 17.39x |
| 2026-05-11 | 18.21x |
| 2026-05-08 | 17.98x |
| 2026-05-07 | 17.43x |
| 2026-05-06 | 14.57x |
| 2026-05-05 | 14.64x |
| 2026-05-04 | 13.98x |
| 2026-05-01 | 14.21x |
| 2026-04-30 | 14.08x |
| 2026-04-29 | 13.75x |
| 2026-04-28 | 14.32x |
| 2026-04-27 | 14.37x |
| 2026-04-24 | 14.55x |
| 2026-04-23 | 14.55x |
| 2026-04-22 | 14.51x |
| 2026-04-21 | 13.87x |
| 2026-04-20 | 13.98x |
| 2026-04-17 | 14.19x |
| 2026-04-16 | 13.93x |
| 2026-04-15 | 13.94x |
| 2026-04-14 | 13.76x |
| 2026-04-13 | 13.15x |
| 2026-04-10 | 13.35x |
| 2026-04-09 | 13.41x |
| 2026-04-08 | 13.52x |
| 2026-04-07 | 12.93x |
| 2026-04-06 | 13.11x |
| 2026-04-02 | 13.58x |
| 2026-04-01 | 13.84x |
| 2026-03-31 | 13.44x |
| 2026-03-30 | 12.99x |
| 2026-03-27 | 13.56x |
| 2026-03-26 | 13.50x |
| 2026-03-25 | 14.07x |
| 2026-03-24 | 13.45x |
| 2026-03-23 | 12.83x |
| 2026-03-20 | 12.77x |
| 2026-03-19 | 13.11x |
| 2026-03-18 | 12.97x |
| 2026-03-17 | 13.13x |
| 2026-03-16 | 12.72x |
| 2026-03-13 | 13.06x |
| 2026-03-12 | 12.89x |
| 2026-03-11 | 13.20x |
| 2026-03-10 | 13.23x |
| 2026-03-09 | 12.81x |
| 2026-03-06 | 12.91x |
| 2026-03-05 | 13.32x |
| 2026-03-04 | 13.54x |
| 2026-03-03 | 13.78x |
| 2026-03-02 | 13.87x |
| 2026-02-27 | 13.88x |
| 2026-02-26 | 13.50x |
| 2026-02-25 | 96.78x |
| 2026-02-24 | 94.91x |
| 2026-02-23 | 94.64x |
| 2026-02-20 | 98.37x |
| 2026-02-19 | 96.30x |
| 2026-02-18 | 101.63x |
| 2026-02-17 | 98.79x |
| 2026-02-13 | 97.89x |
| 2026-02-12 | 94.64x |
| 2026-02-11 | 97.47x |
| 2026-02-10 | 101.00x |
| 2026-02-09 | 103.15x |
| 2026-02-06 | 102.73x |
| 2026-02-05 | 97.68x |
| 2026-02-04 | 103.43x |
| 2026-02-03 | 99.07x |
| 2026-02-02 | 97.75x |
| 2026-01-30 | 99.07x |
| 2026-01-29 | 101.70x |
| 2026-01-28 | 101.42x |
| 2026-01-27 | 99.69x |
| 2026-01-26 | 97.82x |
| 2026-01-23 | 93.53x |
| 2026-01-22 | 95.40x |
| 2026-01-21 | 91.38x |
| 2026-01-20 | 88.75x |
| 2026-01-16 | 87.16x |
| 2026-01-15 | 89.10x |
| 2026-01-14 | 85.22x |
| 2026-01-13 | 89.86x |
| 2026-01-12 | 89.93x |
| 2026-01-09 | 82.94x |
| 2026-01-08 | 81.90x |
| 2026-01-07 | 83.28x |
| 2026-01-06 | 86.40x |
| 2026-01-05 | 83.14x |
| 2026-01-02 | 87.64x |
| 2025-12-31 | 84.46x |
| 2025-12-30 | 85.71x |
| 2025-12-29 | 89.58x |
| 2025-12-26 | 91.45x |
| 2025-12-24 | 91.17x |
| 2025-12-23 | 89.72x |
| 2025-12-22 | 90.27x |
| 2025-12-19 | 86.33x |
| 2025-12-18 | 82.59x |
| 2025-12-17 | 78.65x |
| 2025-12-16 | 79.55x |
| 2025-12-15 | 79.27x |
| 2025-12-12 | 79.61x |
| 2025-12-11 | 84.04x |
| 2025-12-10 | 81.69x |
| 2025-12-09 | 77.33x |
| 2025-12-08 | 76.08x |
| 2025-12-05 | 75.46x |
| 2025-12-04 | 77.26x |
| 2025-12-03 | 74.56x |
| 2025-12-02 | 72.35x |
| 2025-12-01 | 72.35x |
| 2025-11-28 | 72.62x |
| 2025-11-26 | 72.49x |
| 2025-11-25 | 72.35x |
| 2025-11-24 | 69.44x |
| 2025-11-21 | 69.92x |
| 2025-11-20 | 66.88x |
| 2025-11-19 | 69.99x |
| 2025-11-18 | 71.17x |
| 2025-11-17 | 73.18x |
| 2025-11-14 | 77.26x |
| 2025-11-13 | 73.25x |
| 2025-11-12 | 78.85x |
| 2025-11-11 | 84.39x |
| 2025-11-10 | 84.11x |
| 2025-11-07 | 79.75x |
| 2025-11-06 | 78.58x |
| 2024-11-07 | 7.79x |
| 2024-11-06 | 7.56x |
| 2024-11-05 | 9.03x |
| 2024-11-04 | 8.95x |
| 2024-11-01 | 8.23x |
| 2024-10-31 | 8.08x |
| 2024-10-30 | 7.81x |
| 2024-10-29 | 8.04x |
| 2024-10-28 | 8.20x |
| 2024-10-25 | 8.00x |
| 2024-10-24 | 7.76x |
| 2024-10-23 | 7.83x |
| 2024-10-22 | 8.12x |
| 2024-10-21 | 8.27x |
| 2024-10-18 | 8.33x |
| 2024-10-17 | 8.21x |
| 2024-10-16 | 8.38x |
| 2024-10-15 | 8.55x |
| 2024-10-14 | 8.26x |
| 2024-10-11 | 8.64x |
| 2024-10-10 | 8.07x |
| 2024-10-09 | 8.42x |
| 2024-10-08 | 8.00x |
| 2024-10-07 | 8.02x |
| 2024-10-04 | 8.01x |
| 2024-10-03 | 7.89x |
| 2024-10-02 | 7.97x |
| 2024-10-01 | 8.32x |
| 2024-09-30 | 8.14x |
| 2024-09-27 | 8.26x |
| 2024-09-26 | 8.01x |
| 2024-09-25 | 7.65x |
| 2024-09-24 | 7.92x |
| 2024-09-23 | 7.94x |
| 2024-09-20 | 7.97x |
| 2024-09-19 | 8.16x |
| 2024-09-18 | 8.35x |
| 2024-09-17 | 8.68x |
| 2024-09-16 | 8.48x |
| 2024-09-13 | 8.34x |
| 2024-09-12 | 8.21x |
| 2024-09-11 | 8.14x |
| 2024-09-10 | 7.34x |
| 2024-09-09 | 7.62x |
| 2024-09-06 | 7.95x |
| 2024-09-05 | 8.10x |
| 2024-09-04 | 8.39x |
| 2024-09-03 | 7.93x |
Showing the most recent 260 of 1,086 data points. The chart above shows the full history.
