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 16.84x is in line with its estimated 5-year average of 15.99x, near the low end of its estimated 5-year range (7.29x–234.02x).
As of 2026-09-14T23:50:20.592Z. 0.91% below its estimated 12-month average of 17.00x.
Calculation as of: 2026-09-14T23:50:20.592Z.
Quote observation: 2026-09-14T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 54bacd10f0491fd3a297ad2bd382e527969baf22037c4b97538d42d095a16556
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
16.84x
EV/EBITDA RATIO AVG TTM
17.00x
EV/EBITDA RATIO AVG 3Y
15.36x
EV/EBITDA RATIO AVG 5Y
15.99x
EV/EBITDA RATIO AVG 10Y
13.56x
EV/EBITDA RATIO AVG 15Y
12.51x
EV/EBITDA RATIO AVG 20Y
11.74x
CURRENT VS TTM AVG
-0.91%
CURRENT VS 3Y AVG
+9.62%
CURRENT VS 5Y AVG
+5.33%
CURRENT VS 10Y AVG
+24.16%
CURRENT VS 15Y AVG
+34.57%
CURRENT VS 20Y AVG
+43.43%
SECTOR MEDIAN · HEALTHCARE
16.27x
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+3.50%
vs the sector median at left
Cardinal Health, Inc.
Market Cap
$55.01B
EV/EBITDA Ratio
16.84x
TTM Avg
17.00x
3Y Avg
15.36x
5Y Avg
15.99x
Market Cap
$50.40B
EV/EBITDA Ratio
12.08x
TTM Avg
12.51x
3Y Avg
14.25x
5Y Avg
14.90x
Market Cap
$49.24B
EV/EBITDA Ratio
23.58x
TTM Avg
26.10x
3Y Avg
27.00x
5Y Avg
29.37x
Market Cap
$45.09B
EV/EBITDA Ratio
19.62x
TTM Avg
17.36x
3Y Avg
200.27x
5Y Avg
160.99x
Market Cap
$43.73B
EV/EBITDA Ratio
16.65x
TTM Avg
14.34x
3Y Avg
15.33x
5Y Avg
17.02x
Market Cap
$66.96B
EV/EBITDA Ratio
13.64x
TTM Avg
24.12x
3Y Avg
31.35x
5Y Avg
28.99x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cardinal Health, Inc. (CAH) | $55.01B | 16.84x | 17.00x | 15.36x | 15.99x |
| Moderna, Inc. (MRNA)vs › | $58.20B | N/A | 15.41x | 27.08x | 27.08x |
| Becton, Dickinson and Company (BDX)vs › | $50.40B | 12.08x | 12.51x | 14.25x | 14.90x |
| Edwards Lifesciences Corporation (EW)vs › | $49.24B | 23.58x | 26.10x | 27.00x | 29.37x |
| Humana Inc. (HUM)vs › | $48.93B | 20.30x | 17.10x | 14.42x | 14.59x |
| Cencora, Inc. (COR)vs › | $63.47B | 13.44x | 14.33x | 13.61x | 12.26x |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $45.09B | 19.62x | 17.36x | 200.27x | 160.99x |
| IQVIA Holdings Inc. (IQV)vs › | $43.73B | 16.65x | 14.34x | 15.33x | 17.02x |
| Boston Scientific Corporation (BSX)vs › | $66.96B | 13.64x | 24.12x | 31.35x | 28.99x |
| Agilent Technologies, Inc. (A)vs › | $41.46B | 22.85x | 22.32x | 23.05x | 23.38x |
At 16.8, EV/EBITDA is above its estimated 20-year median — higher than 86% 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
5.9
median
11.9
estimated 20-year high
234.0
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 |
|---|---|
| 2026-09-11 | 17.00x |
| 2026-09-10 | 17.10x |
| 2026-09-09 | 17.36x |
| 2026-09-08 | 17.40x |
| 2026-09-04 | 17.84x |
| 2026-09-03 | 17.94x |
| 2026-09-02 | 17.73x |
| 2026-09-01 | 17.32x |
| 2026-08-31 | 17.01x |
| 2026-08-28 | 17.00x |
| 2026-08-27 | 17.04x |
| 2026-08-26 | 17.26x |
| 2026-08-25 | 17.23x |
| 2026-08-24 | 16.86x |
| 2026-08-21 | 16.67x |
| 2026-08-20 | 16.60x |
| 2026-08-19 | 17.02x |
| 2026-08-18 | 17.03x |
| 2026-08-17 | 17.08x |
| 2026-08-14 | 17.04x |
| 2026-08-13 | 16.78x |
| 2026-08-12 | 16.98x |
| 2026-08-11 | 19.48x |
| 2026-08-10 | 19.25x |
| 2026-08-07 | 19.19x |
| 2026-08-06 | 19.28x |
| 2026-08-05 | 19.40x |
| 2026-08-04 | 18.98x |
| 2026-08-03 | 19.13x |
| 2026-07-31 | 18.71x |
| 2026-07-30 | 18.49x |
| 2026-07-29 | 18.65x |
| 2026-07-28 | 18.90x |
| 2026-07-27 | 18.66x |
| 2026-07-24 | 18.56x |
| 2026-07-23 | 18.41x |
| 2026-07-22 | 18.01x |
| 2026-07-21 | 18.49x |
| 2026-07-20 | 18.39x |
| 2026-07-17 | 18.60x |
| 2026-07-16 | 18.62x |
| 2026-07-15 | 18.33x |
| 2026-07-14 | 18.72x |
| 2026-07-13 | 18.98x |
| 2026-07-10 | 19.14x |
| 2026-07-09 | 18.99x |
| 2026-07-08 | 19.24x |
| 2026-07-07 | 19.43x |
| 2026-07-06 | 19.27x |
| 2026-07-02 | 19.38x |
| 2026-07-01 | 19.29x |
| 2026-06-30 | 19.27x |
| 2026-06-29 | 19.17x |
| 2026-06-26 | 19.30x |
| 2026-06-25 | 19.07x |
| 2026-06-24 | 18.94x |
| 2026-06-23 | 18.63x |
| 2026-06-22 | 18.17x |
| 2026-06-18 | 18.10x |
| 2026-06-17 | 18.43x |
| 2026-06-16 | 18.54x |
| 2026-06-15 | 18.44x |
| 2026-06-12 | 18.25x |
| 2026-06-11 | 18.05x |
| 2026-06-10 | 17.69x |
| 2026-06-09 | 17.42x |
| 2026-06-08 | 16.81x |
| 2026-06-05 | 16.90x |
| 2026-06-04 | 16.61x |
| 2026-06-03 | 16.17x |
| 2026-06-02 | 16.09x |
| 2026-06-01 | 16.11x |
| 2026-05-29 | 16.24x |
| 2026-05-28 | 16.46x |
| 2026-05-27 | 16.46x |
| 2026-05-26 | 16.50x |
| 2026-05-22 | 16.53x |
| 2026-05-21 | 16.52x |
| 2026-05-20 | 16.42x |
| 2026-05-19 | 16.50x |
| 2026-05-18 | 16.46x |
| 2026-05-15 | 16.12x |
| 2026-05-14 | 16.06x |
| 2026-05-13 | 15.46x |
| 2026-05-12 | 15.18x |
| 2026-05-11 | 15.17x |
| 2026-05-08 | 15.26x |
| 2026-05-07 | 15.38x |
| 2026-05-06 | 15.84x |
| 2026-05-05 | 16.25x |
| 2026-05-04 | 16.26x |
| 2026-05-01 | 16.12x |
| 2026-04-30 | 15.53x |
| 2026-04-29 | 16.23x |
| 2026-04-28 | 16.43x |
| 2026-04-27 | 16.19x |
| 2026-04-24 | 16.02x |
| 2026-04-23 | 16.36x |
| 2026-04-22 | 16.07x |
| 2026-04-21 | 16.38x |
| 2026-04-20 | 16.82x |
| 2026-04-17 | 17.02x |
| 2026-04-16 | 16.96x |
| 2026-04-15 | 16.87x |
| 2026-04-14 | 17.09x |
| 2026-04-13 | 17.03x |
| 2026-04-10 | 17.13x |
| 2026-04-09 | 17.15x |
| 2026-04-08 | 17.10x |
| 2026-04-07 | 16.93x |
| 2026-04-06 | 16.92x |
| 2026-04-02 | 17.02x |
| 2026-04-01 | 16.88x |
| 2026-03-31 | 16.83x |
| 2026-03-30 | 16.48x |
| 2026-03-27 | 16.50x |
| 2026-03-26 | 16.57x |
| 2026-03-25 | 16.83x |
| 2026-03-24 | 16.54x |
| 2026-03-23 | 16.48x |
| 2026-03-20 | 16.58x |
| 2026-03-19 | 16.80x |
| 2026-03-18 | 16.87x |
| 2026-03-17 | 17.19x |
| 2026-03-16 | 17.27x |
| 2026-03-13 | 17.24x |
| 2026-03-12 | 17.38x |
| 2026-03-11 | 17.12x |
| 2026-03-10 | 17.24x |
| 2026-03-09 | 17.61x |
| 2026-03-06 | 17.29x |
| 2026-03-05 | 17.16x |
| 2026-03-04 | 17.67x |
| 2026-03-03 | 17.90x |
| 2026-03-02 | 18.15x |
| 2026-02-27 | 18.10x |
| 2026-02-26 | 17.95x |
| 2026-02-25 | 17.88x |
| 2026-02-24 | 17.87x |
| 2026-02-23 | 17.79x |
| 2026-02-20 | 17.76x |
| 2026-02-19 | 17.64x |
| 2026-02-18 | 17.80x |
| 2026-02-17 | 17.84x |
| 2026-02-13 | 17.50x |
| 2026-02-12 | 17.10x |
| 2026-02-11 | 17.75x |
| 2026-02-10 | 17.46x |
| 2026-02-09 | 17.85x |
| 2026-02-06 | 17.89x |
| 2026-02-05 | 18.26x |
| 2026-02-04 | 16.75x |
| 2026-02-03 | 17.58x |
| 2026-02-02 | 17.65x |
| 2026-01-30 | 17.35x |
| 2026-01-29 | 17.08x |
| 2026-01-28 | 17.02x |
| 2026-01-27 | 17.29x |
| 2026-01-26 | 17.06x |
| 2026-01-23 | 16.86x |
| 2026-01-22 | 16.76x |
| 2026-01-21 | 16.87x |
| 2026-01-20 | 17.01x |
| 2026-01-16 | 17.17x |
| 2026-01-15 | 17.24x |
| 2026-01-14 | 17.25x |
| 2026-01-13 | 16.86x |
| 2026-01-12 | 16.43x |
| 2026-01-09 | 16.33x |
| 2026-01-08 | 16.43x |
| 2026-01-07 | 16.78x |
| 2026-01-06 | 16.87x |
| 2026-01-05 | 16.65x |
| 2026-01-02 | 16.67x |
| 2025-12-31 | 16.65x |
| 2025-12-30 | 16.78x |
| 2025-12-29 | 16.79x |
| 2025-12-26 | 16.86x |
| 2025-12-24 | 16.80x |
| 2025-12-23 | 16.79x |
| 2025-12-22 | 16.63x |
| 2025-12-19 | 16.46x |
| 2025-12-18 | 16.18x |
| 2025-12-17 | 16.13x |
| 2025-12-16 | 16.09x |
| 2025-12-15 | 16.24x |
| 2025-12-12 | 16.11x |
| 2025-12-11 | 16.12x |
| 2025-12-10 | 16.11x |
| 2025-12-09 | 16.09x |
| 2025-12-08 | 16.16x |
| 2025-12-05 | 16.16x |
| 2025-12-04 | 16.18x |
| 2025-12-03 | 16.22x |
| 2025-12-02 | 16.62x |
| 2025-12-01 | 16.84x |
| 2025-11-28 | 17.15x |
| 2025-11-26 | 17.22x |
| 2025-11-25 | 17.26x |
| 2025-11-24 | 17.08x |
| 2025-11-21 | 16.95x |
| 2025-11-20 | 16.83x |
| 2025-11-19 | 16.80x |
| 2025-11-18 | 16.76x |
| 2025-11-17 | 16.70x |
| 2025-11-14 | 16.64x |
| 2025-11-13 | 16.69x |
| 2025-11-12 | 16.56x |
| 2025-11-11 | 16.60x |
| 2025-11-10 | 16.65x |
| 2025-11-07 | 16.52x |
| 2025-11-06 | 16.09x |
| 2025-11-05 | 16.00x |
| 2025-11-04 | 15.90x |
| 2025-11-03 | 15.52x |
| 2025-10-31 | 15.56x |
| 2025-10-30 | 16.65x |
| 2025-10-29 | 14.66x |
| 2025-10-28 | 14.53x |
| 2025-10-27 | 14.61x |
| 2025-10-24 | 14.46x |
| 2025-10-23 | 14.25x |
| 2025-10-22 | 14.28x |
| 2025-10-21 | 14.21x |
| 2025-10-20 | 14.10x |
| 2025-10-17 | 14.03x |
| 2025-10-16 | 13.79x |
| 2025-10-15 | 13.97x |
| 2025-10-14 | 13.86x |
| 2025-10-13 | 13.87x |
| 2025-10-10 | 14.07x |
| 2025-10-09 | 14.10x |
| 2025-10-08 | 14.14x |
| 2025-10-07 | 14.05x |
| 2025-10-06 | 13.94x |
| 2025-10-03 | 13.88x |
| 2025-10-02 | 14.19x |
| 2025-10-01 | 14.15x |
| 2025-09-30 | 14.08x |
| 2025-09-29 | 13.89x |
| 2025-09-26 | 13.82x |
| 2025-09-25 | 13.45x |
| 2025-09-24 | 13.89x |
| 2025-09-23 | 13.89x |
| 2025-09-22 | 13.33x |
| 2025-09-19 | 13.50x |
| 2025-09-18 | 13.53x |
| 2025-09-17 | 13.43x |
| 2025-09-16 | 13.40x |
| 2025-09-15 | 13.55x |
| 2025-09-12 | 13.71x |
| 2025-09-11 | 13.72x |
| 2025-09-10 | 13.47x |
| 2025-09-09 | 13.60x |
| 2025-09-08 | 13.55x |
| 2025-09-05 | 13.50x |
| 2025-09-04 | 13.48x |
| 2025-09-03 | 13.57x |
| 2025-09-02 | 13.50x |
| 2025-08-29 | 13.43x |
Showing the most recent 260 of 4,721 data points. The chart above shows the full history.
