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 10.13x is 34% below its estimated 5-year average of 15.42x, near the low end of its estimated 5-year range (10.02x–21.02x).
As of 2026-10-06T12:45:27.997Z. 10.59% below its estimated 12-month average of 11.33x.
Calculation as of: 2026-10-06T12:45:27.997Z.
Quote observation: 2026-10-05T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: f086dce111c9cf329c09dab23456800bf227819c73d87c39cf05f69de0e9c26f
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 2026-10-05.
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
10.13x
EV/EBITDA RATIO AVG TTM
11.33x
EV/EBITDA RATIO AVG 3Y
13.36x
EV/EBITDA RATIO AVG 5Y
15.42x
EV/EBITDA RATIO AVG 10Y
15.83x
EV/EBITDA RATIO AVG 15Y
14.81x
EV/EBITDA RATIO AVG 20Y
14.04x
CURRENT VS TTM AVG
-10.59%
CURRENT VS 3Y AVG
-24.17%
CURRENT VS 5Y AVG
-34.29%
CURRENT VS 10Y AVG
-36.00%
CURRENT VS 15Y AVG
-31.60%
CURRENT VS 20Y AVG
-27.83%
SECTOR MEDIAN · UTILITIES
12.88x
median of 46 covered companies
CURRENT VS SECTOR MEDIAN
-21.35%
vs the sector median at left
Artesian Resources Corporation
Market Cap
$345.25M
EV/EBITDA Ratio
10.13x
TTM Avg
11.33x
3Y Avg
13.36x
5Y Avg
15.42x
Market Cap
$367.57M
EV/EBITDA Ratio
N/A
TTM Avg
18.33x
3Y Avg
13.95x
5Y Avg
12.63x
Market Cap
$230.40M
EV/EBITDA Ratio
14.44x
TTM Avg
15.73x
3Y Avg
16.81x
5Y Avg
19.77x
Market Cap
$485.13M
EV/EBITDA Ratio
16.44x
TTM Avg
17.40x
3Y Avg
13.67x
5Y Avg
14.39x
Market Cap
$657.47M
EV/EBITDA Ratio
11.90x
TTM Avg
10.02x
3Y Avg
6.67x
5Y Avg
7.18x
Market Cap
$960.64M
EV/EBITDA Ratio
10.30x
TTM Avg
11.25x
3Y Avg
16.04x
5Y Avg
16.04x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Artesian Resources Corporation (ARTNA) | $345.25M | 10.13x | 11.33x | 13.36x | 15.42x |
| Digi Power X Inc. (DGXX)vs › | $367.57M | N/A | 18.33x | 13.95x | 12.63x |
| Cadiz Inc. (CDZI)vs › | $300.19M | N/A | 338.77x | 338.77x | 338.77x |
| Cadiz Inc. (CDZIP)vs › | $251.20M | N/A | N/A | N/A | N/A |
| Global Water Resources, Inc. (GWRS)vs › | $230.40M | 14.44x | 15.73x | 16.81x | 19.77x |
| Consolidated Water Co. Ltd. (CWCO)vs › | $485.13M | 16.44x | 17.40x | 13.67x | 14.39x |
| Hallador Energy Company (HNRG)vs › | $657.47M | 11.90x | 10.02x | 6.67x | 7.18x |
| Fusion Fuel Green PLC (HTOO)vs › | $14.76M | N/A | N/A | N/A | N/A |
| XPLR Infrastructure, LP (XIFR)vs › | $960.64M | 10.30x | 11.25x | 16.04x | 16.04x |
| Fluence Energy, Inc. (FLNC)vs › | $1.41B | N/A | 38.75x | 38.75x | 38.75x |
At 10.1, EV/EBITDA is below its estimated 20-year median — higher than 3% 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
9.7
median
13.5
estimated 20-year high
21.0
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 |
|---|---|
| 2026-10-05 | 10.14x |
| 2026-10-02 | 10.17x |
| 2026-10-01 | 10.04x |
| 2026-09-30 | 10.09x |
| 2026-09-29 | 10.11x |
| 2026-09-28 | 10.02x |
| 2026-09-25 | 10.10x |
| 2026-09-24 | 10.11x |
| 2026-09-23 | 10.20x |
| 2026-09-22 | 10.31x |
| 2026-09-21 | 10.33x |
| 2026-09-18 | 10.34x |
| 2026-09-17 | 10.52x |
| 2026-09-16 | 10.46x |
| 2026-09-15 | 10.49x |
| 2026-09-14 | 10.51x |
| 2026-09-11 | 10.62x |
| 2026-09-10 | 10.63x |
| 2026-09-09 | 10.75x |
| 2026-09-08 | 10.79x |
| 2026-09-04 | 10.69x |
| 2026-09-03 | 10.71x |
| 2026-09-02 | 10.60x |
| 2026-09-01 | 10.58x |
| 2026-08-31 | 10.56x |
| 2026-08-28 | 10.58x |
| 2026-08-27 | 10.51x |
| 2026-08-26 | 10.53x |
| 2026-08-25 | 10.61x |
| 2026-08-24 | 10.63x |
| 2026-08-21 | 10.55x |
| 2026-08-20 | 10.58x |
| 2026-08-19 | 10.51x |
| 2026-08-18 | 10.49x |
| 2026-08-17 | 10.44x |
| 2026-08-14 | 10.61x |
| 2026-08-13 | 10.59x |
| 2026-08-12 | 11.27x |
| 2026-08-11 | 11.27x |
| 2026-08-10 | 11.17x |
| 2026-08-07 | 11.18x |
| 2026-08-06 | 11.13x |
| 2026-08-05 | 11.06x |
| 2026-08-04 | 11.04x |
| 2026-08-03 | 11.06x |
| 2026-07-31 | 11.12x |
| 2026-07-30 | 11.13x |
| 2026-07-29 | 11.23x |
| 2026-07-28 | 11.25x |
| 2026-07-27 | 11.13x |
| 2026-07-24 | 11.14x |
| 2026-07-23 | 11.02x |
| 2026-07-22 | 11.02x |
| 2026-07-21 | 10.89x |
| 2026-07-20 | 11.05x |
| 2026-07-17 | 11.04x |
| 2026-07-16 | 11.03x |
| 2026-07-15 | 10.97x |
| 2026-07-14 | 11.13x |
| 2026-07-13 | 11.14x |
| 2026-07-10 | 11.04x |
| 2026-07-09 | 11.02x |
| 2026-07-08 | 11.05x |
| 2026-07-07 | 11.07x |
| 2026-07-06 | 11.08x |
| 2026-07-02 | 11.12x |
| 2026-07-01 | 11.03x |
| 2026-06-30 | 11.04x |
| 2026-06-29 | 11.05x |
| 2026-06-26 | 10.96x |
| 2026-06-25 | 10.87x |
| 2026-06-24 | 10.83x |
| 2026-06-23 | 10.76x |
| 2026-06-22 | 10.64x |
| 2026-06-18 | 10.67x |
| 2026-06-17 | 10.67x |
| 2026-06-16 | 10.77x |
| 2026-06-15 | 10.72x |
| 2026-06-12 | 10.78x |
| 2026-06-11 | 10.75x |
| 2026-06-10 | 10.84x |
| 2026-06-09 | 10.82x |
| 2026-06-08 | 10.72x |
| 2026-06-05 | 10.82x |
| 2026-06-04 | 10.71x |
| 2026-06-03 | 10.63x |
| 2026-06-02 | 10.74x |
| 2026-06-01 | 10.69x |
| 2026-05-29 | 10.72x |
| 2026-05-28 | 10.74x |
| 2026-05-27 | 10.69x |
| 2026-05-26 | 10.72x |
| 2026-05-22 | 10.71x |
| 2026-05-21 | 10.68x |
| 2026-05-20 | 10.61x |
| 2026-05-19 | 10.58x |
| 2026-05-18 | 10.57x |
| 2026-05-15 | 10.47x |
| 2026-05-14 | 10.64x |
| 2026-05-13 | 10.69x |
| 2026-05-12 | 10.79x |
| 2026-05-11 | 10.65x |
| 2026-05-08 | 11.30x |
| 2026-05-07 | 11.22x |
| 2026-05-06 | 11.27x |
| 2026-05-05 | 11.16x |
| 2026-05-04 | 11.13x |
| 2026-05-01 | 11.11x |
| 2026-04-30 | 11.14x |
| 2026-04-29 | 11.16x |
| 2026-04-28 | 11.20x |
| 2026-04-27 | 11.22x |
| 2026-04-24 | 11.31x |
| 2026-04-23 | 11.33x |
| 2026-04-22 | 11.26x |
| 2026-04-21 | 11.28x |
| 2026-04-20 | 11.43x |
| 2026-04-17 | 11.40x |
| 2026-04-16 | 11.38x |
| 2026-04-15 | 11.32x |
| 2026-04-14 | 11.44x |
| 2026-04-13 | 11.38x |
| 2026-04-10 | 11.58x |
| 2026-04-09 | 11.46x |
| 2026-04-08 | 11.37x |
| 2026-04-07 | 11.26x |
| 2026-04-06 | 11.30x |
| 2026-04-02 | 11.34x |
| 2026-04-01 | 11.36x |
| 2026-03-31 | 11.26x |
| 2026-03-30 | 11.40x |
| 2026-03-27 | 11.31x |
| 2026-03-26 | 11.33x |
| 2026-03-25 | 11.22x |
| 2026-03-24 | 11.17x |
| 2026-03-23 | 11.17x |
| 2026-03-20 | 10.95x |
| 2026-03-19 | 11.20x |
| 2026-03-18 | 11.04x |
| 2026-03-17 | 11.21x |
| 2026-03-16 | 11.54x |
| 2026-03-13 | 11.73x |
| 2026-03-12 | 11.65x |
| 2026-03-11 | 11.61x |
| 2026-03-10 | 11.69x |
| 2026-03-09 | 11.98x |
| 2026-03-06 | 11.97x |
| 2026-03-05 | 11.96x |
| 2026-03-04 | 12.10x |
| 2026-03-03 | 11.99x |
| 2026-03-02 | 11.98x |
| 2026-02-27 | 12.00x |
| 2026-02-26 | 12.04x |
| 2026-02-25 | 12.21x |
| 2026-02-24 | 11.98x |
| 2026-02-23 | 12.04x |
| 2026-02-20 | 11.88x |
| 2026-02-19 | 11.84x |
| 2026-02-18 | 11.84x |
| 2026-02-17 | 11.92x |
| 2026-02-13 | 11.97x |
| 2026-02-12 | 11.85x |
| 2026-02-11 | 11.82x |
| 2026-02-10 | 11.83x |
| 2026-02-09 | 11.81x |
| 2026-02-06 | 11.63x |
| 2026-02-05 | 11.88x |
| 2026-02-04 | 11.83x |
| 2026-02-03 | 11.86x |
| 2026-02-02 | 11.82x |
| 2026-01-30 | 11.88x |
| 2026-01-29 | 11.85x |
| 2026-01-28 | 11.78x |
| 2026-01-27 | 11.89x |
| 2026-01-26 | 11.80x |
| 2026-01-23 | 11.81x |
| 2026-01-22 | 11.98x |
| 2026-01-21 | 11.76x |
| 2026-01-20 | 11.75x |
| 2026-01-16 | 12.05x |
| 2026-01-15 | 11.92x |
| 2026-01-14 | 11.88x |
| 2026-01-13 | 11.64x |
| 2026-01-12 | 11.62x |
| 2026-01-09 | 11.58x |
| 2026-01-08 | 11.64x |
| 2026-01-07 | 11.56x |
| 2026-01-06 | 11.43x |
| 2026-01-05 | 11.40x |
| 2026-01-02 | 11.42x |
| 2025-12-31 | 11.47x |
| 2025-12-30 | 11.51x |
| 2025-12-29 | 11.49x |
| 2025-12-26 | 11.51x |
| 2025-12-24 | 11.53x |
| 2025-12-23 | 11.51x |
| 2025-12-22 | 11.56x |
| 2025-12-19 | 11.49x |
| 2025-12-18 | 11.67x |
| 2025-12-17 | 11.62x |
| 2025-12-16 | 11.60x |
| 2025-12-15 | 11.60x |
| 2025-12-12 | 11.55x |
| 2025-12-11 | 11.52x |
| 2025-12-10 | 11.39x |
| 2025-12-09 | 11.37x |
| 2025-12-08 | 11.30x |
| 2025-12-05 | 11.46x |
| 2025-12-04 | 11.34x |
| 2025-12-03 | 11.37x |
| 2025-12-02 | 11.30x |
| 2025-12-01 | 11.40x |
| 2025-11-28 | 11.44x |
| 2025-11-26 | 11.45x |
| 2025-11-25 | 11.45x |
| 2025-11-24 | 11.35x |
| 2025-11-21 | 11.42x |
| 2025-11-20 | 11.37x |
| 2025-11-19 | 11.36x |
| 2025-11-18 | 11.47x |
| 2025-11-17 | 11.51x |
| 2025-11-14 | 11.60x |
| 2025-11-13 | 11.66x |
| 2025-11-12 | 11.65x |
| 2025-11-11 | 11.66x |
| 2025-11-10 | 11.67x |
| 2025-11-07 | 12.68x |
| 2025-11-06 | 12.48x |
| 2025-11-05 | 12.51x |
| 2025-11-04 | 12.50x |
| 2025-11-03 | 12.39x |
| 2025-10-31 | 12.44x |
| 2025-10-30 | 12.46x |
| 2025-10-29 | 12.50x |
| 2025-10-28 | 12.86x |
| 2025-10-27 | 12.78x |
| 2025-10-24 | 12.72x |
| 2025-10-23 | 12.73x |
| 2025-10-22 | 12.76x |
| 2025-10-21 | 12.67x |
| 2025-10-20 | 12.86x |
| 2025-10-17 | 12.77x |
| 2025-10-16 | 12.76x |
| 2025-10-15 | 12.71x |
| 2025-10-14 | 12.54x |
| 2025-10-13 | 12.56x |
| 2025-10-10 | 12.76x |
| 2025-10-09 | 12.64x |
| 2025-10-08 | 12.57x |
| 2025-10-07 | 12.58x |
| 2025-10-06 | 12.46x |
| 2025-10-03 | 12.36x |
| 2025-10-02 | 12.38x |
| 2025-10-01 | 12.32x |
| 2025-09-30 | 12.53x |
| 2025-09-29 | 12.43x |
| 2025-09-26 | 12.50x |
| 2025-09-25 | 12.46x |
| 2025-09-24 | 12.59x |
| 2025-09-23 | 12.64x |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.
