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 36.22x is 53% above its estimated 5-year average of 23.68x, near the high end of its estimated 5-year range (8.78x–47.51x).
As of 2026-09-23T20:20:39.513Z. 8.89% above its estimated 12-month average of 33.26x.
Calculation as of: 2026-09-23T20:20:39.513Z.
Quote observation: 2026-09-23T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ffb514adbd9d2522f5c59ae14d33358f14e8a99d4da997b6c2ab6b965439aa72
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
36.22x
EV/EBIT RATIO AVG TTM
33.26x
EV/EBIT RATIO AVG 3Y
30.84x
EV/EBIT RATIO AVG 5Y
23.68x
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
+8.89%
CURRENT VS 3Y AVG
+17.43%
CURRENT VS 5Y AVG
+52.93%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
22.68x
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+59.70%
vs the sector median at left
Carrier Global Corporation
Market Cap
$45.42B
EV/EBIT Ratio
36.22x
TTM Avg
33.26x
3Y Avg
30.84x
5Y Avg
23.68x
Market Cap
$44.54B
EV/EBIT Ratio
23.46x
TTM Avg
29.88x
3Y Avg
28.08x
5Y Avg
26.87x
Market Cap
$44.51B
EV/EBIT Ratio
37.61x
TTM Avg
34.63x
3Y Avg
35.65x
5Y Avg
36.92x
Market Cap
$43.27B
EV/EBIT Ratio
36.61x
TTM Avg
44.87x
3Y Avg
44.98x
5Y Avg
45.87x
Market Cap
$42.98B
EV/EBIT Ratio
21.05x
TTM Avg
20.59x
3Y Avg
33.50x
5Y Avg
35.32x
Market Cap
$48.17B
EV/EBIT Ratio
26.36x
TTM Avg
31.27x
3Y Avg
27.45x
5Y Avg
27.49x
Market Cap
$49.37B
EV/EBIT Ratio
28.09x
TTM Avg
25.67x
3Y Avg
23.44x
5Y Avg
23.19x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carrier Global Corporation (CARR) | $45.42B | 36.22x | 33.26x | 30.84x | 23.68x |
| L3Harris Technologies, Inc. (LHX)vs › | $44.54B | 23.46x | 29.88x | 28.08x | 26.87x |
| HEICO Corporation (HEI-A)vs › | $44.51B | 37.61x | 34.63x | 35.65x | 36.92x |
| HEICO Corporation (HEI)vs › | $43.27B | 36.61x | 44.87x | 44.98x | 45.87x |
| Thomson Reuters Corporation (TRI)vs › | $42.98B | 21.05x | 20.59x | 33.50x | 35.32x |
| Ferguson plc (FERG)vs › | $42.89B | N/A | 18.89x | 17.71x | 15.77x |
| Rockwell Automation, Inc. (ROK)vs › | $48.17B | 26.36x | 31.27x | 27.45x | 27.49x |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.37B | 28.09x | 25.67x | 23.44x | 23.19x |
| Rocket Lab USA, Inc. (RKLB)vs › | $40.70B | N/A | N/A | N/A | N/A |
| Ferrovial SE (FER)vs › | $40.10B | 28.24x | 33.41x | 33.41x | 33.41x |
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 | 38.03x |
| 2026-09-10 | 37.59x |
| 2026-09-09 | 38.30x |
| 2026-09-08 | 38.92x |
| 2026-09-04 | 39.24x |
| 2026-09-03 | 38.91x |
| 2026-09-02 | 38.10x |
| 2026-09-01 | 37.92x |
| 2026-08-31 | 38.44x |
| 2026-08-28 | 38.75x |
| 2026-08-27 | 38.78x |
| 2026-08-26 | 38.72x |
| 2026-08-25 | 38.60x |
| 2026-08-24 | 39.38x |
| 2026-08-21 | 39.60x |
| 2026-08-20 | 39.48x |
| 2026-08-19 | 40.05x |
| 2026-08-18 | 40.17x |
| 2026-08-17 | 40.78x |
| 2026-08-14 | 40.90x |
| 2026-08-13 | 41.21x |
| 2026-08-12 | 41.06x |
| 2026-08-11 | 41.35x |
| 2026-08-10 | 41.25x |
| 2026-08-07 | 41.56x |
| 2026-08-06 | 41.53x |
| 2026-08-05 | 42.33x |
| 2026-08-04 | 42.47x |
| 2026-08-03 | 41.11x |
| 2026-07-31 | 40.38x |
| 2026-07-30 | 40.15x |
| 2026-07-29 | 39.36x |
| 2026-07-28 | 40.68x |
| 2026-07-27 | 43.96x |
| 2026-07-24 | 43.72x |
| 2026-07-23 | 43.86x |
| 2026-07-22 | 43.30x |
| 2026-07-21 | 42.55x |
| 2026-07-20 | 42.71x |
| 2026-07-17 | 43.62x |
| 2026-07-16 | 43.96x |
| 2026-07-15 | 43.64x |
| 2026-07-14 | 44.19x |
| 2026-07-13 | 43.58x |
| 2026-07-10 | 43.96x |
| 2026-07-09 | 43.15x |
| 2026-07-08 | 42.58x |
| 2026-07-07 | 43.61x |
| 2026-07-06 | 44.37x |
| 2026-07-02 | 44.35x |
| 2026-07-01 | 45.42x |
| 2026-06-30 | 46.10x |
| 2026-06-29 | 46.14x |
| 2026-06-26 | 46.23x |
| 2026-06-25 | 47.51x |
| 2026-06-24 | 46.48x |
| 2026-06-23 | 44.71x |
| 2026-06-22 | 45.30x |
| 2026-06-18 | 45.28x |
| 2026-06-17 | 44.04x |
| 2026-06-16 | 44.93x |
| 2026-06-15 | 44.92x |
| 2026-06-12 | 44.27x |
| 2026-06-11 | 44.18x |
| 2026-06-10 | 43.23x |
| 2026-06-09 | 44.97x |
| 2026-06-08 | 42.91x |
| 2026-06-05 | 42.80x |
| 2026-06-04 | 43.54x |
| 2026-06-03 | 43.03x |
| 2026-06-02 | 42.41x |
| 2026-06-01 | 41.71x |
| 2026-05-29 | 41.05x |
| 2026-05-28 | 41.02x |
| 2026-05-27 | 41.39x |
| 2026-05-26 | 41.60x |
| 2026-05-22 | 40.67x |
| 2026-05-21 | 40.15x |
| 2026-05-20 | 40.90x |
| 2026-05-19 | 39.76x |
| 2026-05-18 | 41.39x |
| 2026-05-15 | 41.48x |
| 2026-05-14 | 42.58x |
| 2026-05-13 | 41.96x |
| 2026-05-12 | 41.95x |
| 2026-05-11 | 42.12x |
| 2026-05-08 | 42.63x |
| 2026-05-07 | 42.84x |
| 2026-05-06 | 43.20x |
| 2026-05-05 | 41.22x |
| 2026-05-04 | 42.13x |
| 2026-05-01 | 43.05x |
| 2026-04-30 | 35.65x |
| 2026-04-29 | 33.24x |
| 2026-04-28 | 33.36x |
| 2026-04-27 | 33.32x |
| 2026-04-24 | 32.90x |
| 2026-04-23 | 33.15x |
| 2026-04-22 | 32.76x |
| 2026-04-21 | 33.23x |
| 2026-04-20 | 33.20x |
| 2026-04-17 | 33.05x |
| 2026-04-16 | 32.34x |
| 2026-04-15 | 31.82x |
| 2026-04-14 | 34.54x |
| 2026-04-13 | 34.39x |
| 2026-04-10 | 33.95x |
| 2026-04-09 | 33.12x |
| 2026-04-08 | 31.71x |
| 2026-04-07 | 30.44x |
| 2026-04-06 | 30.51x |
| 2026-04-02 | 30.56x |
| 2026-04-01 | 31.09x |
| 2026-03-31 | 30.83x |
| 2026-03-30 | 29.96x |
| 2026-03-27 | 29.91x |
| 2026-03-26 | 30.10x |
| 2026-03-25 | 32.13x |
| 2026-03-24 | 31.84x |
| 2026-03-23 | 31.71x |
| 2026-03-20 | 31.61x |
| 2026-03-19 | 32.01x |
| 2026-03-18 | 31.41x |
| 2026-03-17 | 31.13x |
| 2026-03-16 | 30.63x |
| 2026-03-13 | 30.54x |
| 2026-03-12 | 30.91x |
| 2026-03-11 | 31.89x |
| 2026-03-10 | 31.77x |
| 2026-03-09 | 31.90x |
| 2026-03-06 | 31.74x |
| 2026-03-05 | 32.65x |
| 2026-03-04 | 32.95x |
| 2026-03-03 | 32.99x |
| 2026-03-02 | 34.17x |
| 2026-02-27 | 34.42x |
| 2026-02-26 | 33.69x |
| 2026-02-25 | 33.13x |
| 2026-02-24 | 34.04x |
| 2026-02-23 | 34.00x |
| 2026-02-20 | 34.31x |
| 2026-02-19 | 33.76x |
| 2026-02-18 | 34.39x |
| 2026-02-17 | 35.32x |
| 2026-02-13 | 34.87x |
| 2026-02-12 | 34.64x |
| 2026-02-11 | 35.62x |
| 2026-02-10 | 35.05x |
| 2026-02-09 | 34.83x |
| 2026-02-06 | 34.21x |
| 2026-02-05 | 29.16x |
| 2026-02-04 | 29.34x |
| 2026-02-03 | 28.43x |
| 2026-02-02 | 28.11x |
| 2026-01-30 | 27.81x |
| 2026-01-29 | 27.89x |
| 2026-01-28 | 27.17x |
| 2026-01-27 | 26.84x |
| 2026-01-26 | 26.96x |
| 2026-01-23 | 26.93x |
| 2026-01-22 | 26.99x |
| 2026-01-21 | 27.10x |
| 2026-01-20 | 26.13x |
| 2026-01-16 | 26.51x |
| 2026-01-15 | 26.26x |
| 2026-01-14 | 26.28x |
| 2026-01-13 | 26.13x |
| 2026-01-12 | 26.19x |
| 2026-01-09 | 26.53x |
| 2026-01-08 | 25.61x |
| 2026-01-07 | 25.11x |
| 2026-01-06 | 25.47x |
| 2026-01-05 | 25.58x |
| 2026-01-02 | 25.48x |
| 2025-12-31 | 25.22x |
| 2025-12-30 | 25.44x |
| 2025-12-29 | 25.51x |
| 2025-12-26 | 25.51x |
| 2025-12-24 | 25.47x |
| 2025-12-23 | 25.41x |
| 2025-12-22 | 25.36x |
| 2025-12-19 | 25.58x |
| 2025-12-18 | 25.36x |
| 2025-12-17 | 25.05x |
| 2025-12-16 | 25.45x |
| 2025-12-15 | 25.12x |
| 2025-12-12 | 25.26x |
| 2025-12-11 | 25.72x |
| 2025-12-10 | 25.43x |
| 2025-12-09 | 25.22x |
| 2025-12-08 | 25.29x |
| 2025-12-05 | 25.78x |
| 2025-12-04 | 25.86x |
| 2025-12-03 | 25.90x |
| 2025-12-02 | 25.59x |
| 2025-12-01 | 25.76x |
| 2025-11-28 | 26.00x |
| 2025-11-26 | 25.80x |
| 2025-11-25 | 25.64x |
| 2025-11-24 | 24.80x |
| 2025-11-21 | 25.05x |
| 2025-11-20 | 24.26x |
| 2025-11-19 | 24.61x |
| 2025-11-18 | 24.90x |
| 2025-11-17 | 25.33x |
| 2025-11-14 | 25.70x |
| 2025-11-13 | 26.11x |
| 2025-11-12 | 26.43x |
| 2025-11-11 | 26.81x |
| 2025-11-10 | 26.94x |
| 2025-11-07 | 27.01x |
| 2025-11-06 | 26.65x |
| 2025-11-05 | 26.76x |
| 2025-11-04 | 27.03x |
| 2025-11-03 | 27.15x |
| 2025-10-31 | 27.78x |
| 2025-10-30 | 27.53x |
| 2025-10-29 | 28.26x |
| 2025-10-28 | 24.39x |
| 2025-10-27 | 24.23x |
| 2025-10-24 | 24.08x |
| 2025-10-23 | 23.83x |
| 2025-10-22 | 23.70x |
| 2025-10-21 | 24.76x |
| 2025-10-20 | 24.02x |
| 2025-10-17 | 23.51x |
| 2025-10-16 | 23.70x |
| 2025-10-15 | 23.86x |
| 2025-10-14 | 23.96x |
| 2025-10-13 | 23.74x |
| 2025-10-10 | 23.67x |
| 2025-10-09 | 24.17x |
| 2025-10-08 | 24.76x |
| 2025-10-07 | 24.54x |
| 2025-10-06 | 24.76x |
| 2025-10-03 | 24.71x |
| 2025-10-02 | 24.45x |
| 2025-10-01 | 24.64x |
| 2025-09-30 | 24.72x |
| 2025-09-29 | 24.53x |
| 2025-09-26 | 24.43x |
| 2025-09-25 | 24.39x |
| 2025-09-24 | 24.48x |
| 2025-09-23 | 24.74x |
| 2025-09-22 | 24.93x |
| 2025-09-19 | 24.96x |
| 2025-09-18 | 25.21x |
| 2025-09-17 | 25.08x |
| 2025-09-16 | 25.15x |
| 2025-09-15 | 25.26x |
| 2025-09-12 | 25.41x |
| 2025-09-11 | 25.62x |
| 2025-09-10 | 25.69x |
| 2025-09-09 | 26.03x |
| 2025-09-08 | 26.77x |
| 2025-09-05 | 26.74x |
| 2025-09-04 | 26.05x |
| 2025-09-03 | 25.68x |
| 2025-09-02 | 26.04x |
| 2025-08-29 | 26.63x |
Showing the most recent 260 of 1,629 data points. The chart above shows the full history.