Basis: Latest stored market observation. 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 38.35x is 23% below its 5-year average of 49.85x, near the low end of its 5-year range (32.93x–66.87x).
As of Friday, September 4, 2026. 19.28% below its 12-month average of 47.51x.
EV/EBITDA RATIO
38.35x
EV/EBITDA RATIO AVG TTM
47.51x
EV/EBITDA RATIO AVG 3Y
52.78x
EV/EBITDA RATIO AVG 5Y
49.85x
EV/EBITDA RATIO AVG 10Y
41.75x
EV/EBITDA RATIO AVG 15Y
33.41x
EV/EBITDA RATIO AVG 20Y
30.35x
CURRENT VS TTM AVG
-19.28%
CURRENT VS 3Y AVG
-27.34%
CURRENT VS 5Y AVG
-23.06%
CURRENT VS 10Y AVG
-8.14%
CURRENT VS 15Y AVG
+14.78%
CURRENT VS 20Y AVG
+26.35%
SECTOR MEDIAN · TECHNOLOGY
26.24x
median of 161 covered companies
CURRENT VS SECTOR MEDIAN
+46.15%
vs the sector median at left
Cadence Design Systems, Inc.
Market Cap
$78.62B
EV/EBITDA Ratio
38.35x
TTM Avg
47.51x
3Y Avg
52.78x
5Y Avg
49.85x
Market Cap
$76.75B
EV/EBITDA Ratio
23.86x
TTM Avg
23.91x
3Y Avg
24.93x
5Y Avg
24.23x
Market Cap
$76.51B
EV/EBITDA Ratio
91.02x
TTM Avg
206.22x
3Y Avg
169.77x
5Y Avg
81.08x
Market Cap
$75.58B
EV/EBITDA Ratio
32.84x
TTM Avg
51.53x
3Y Avg
51.14x
5Y Avg
48.62x
Market Cap
$74.27B
EV/EBITDA Ratio
943.03x
TTM Avg
3009.26x
3Y Avg
1813.70x
5Y Avg
2268.95x
Market Cap
$73.94B
EV/EBITDA Ratio
13.98x
TTM Avg
12.83x
3Y Avg
8.74x
5Y Avg
7.89x
Market Cap
$87.45B
EV/EBITDA Ratio
19.91x
TTM Avg
16.03x
3Y Avg
10.69x
5Y Avg
8.32x
Market Cap
$60.10B
EV/EBITDA Ratio
59.29x
TTM Avg
71.27x
3Y Avg
63.96x
5Y Avg
62.09x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cadence Design Systems, Inc. (CDNS) | $78.62B | 38.35x | 47.51x | 52.78x | 49.85x |
| Motorola Solutions, Inc. (MSI)vs › | $76.75B | 23.86x | 23.91x | 24.93x | 24.23x |
| Lumentum Holdings Inc. (LITE)vs › | $76.51B | 91.02x | 206.22x | 169.77x | 81.08x |
| Synopsys, Inc. (SNPS)vs › | $75.58B | 32.84x | 51.53x | 51.14x | 48.62x |
| Datadog, Inc. (DDOG)vs › | $74.27B | 943.03x | 3009.26x | 1813.70x | 2268.95x |
| Hewlett Packard Enterprise Company (HPE)vs › | $73.94B | 13.98x | 12.83x | 8.74x | 7.89x |
| Intuit Inc. (INTU)vs › | $86.68B | 13.99x | 22.60x | 34.67x | 37.28x |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.45B | 19.91x | 16.03x | 10.69x | 8.32x |
| Monolithic Power Systems, Inc. (MPWR)vs › | $60.10B | 59.29x | 71.27x | 63.96x | 62.09x |
| Coherent, Inc. (COHR)vs › | $59.95B | 43.27x | 40.11x | 24.76x | 19.18x |
At 38.4, EV/EBITDA is above its 20-year median — higher than 66% of readings in its 20-year history.
20-year low
1.9
median
29.1
20-year high
66.9
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 |
|---|---|
| 2026-09-04 | 38.35x |
| 2026-09-03 | 39.93x |
| 2026-09-02 | 40.16x |
| 2026-09-01 | 40.98x |
| 2026-08-31 | 44.31x |
| 2026-08-28 | 44.52x |
| 2026-08-27 | 45.45x |
| 2026-08-26 | 43.78x |
| 2026-08-25 | 43.42x |
| 2026-08-24 | 41.35x |
| 2026-08-21 | 41.75x |
| 2026-08-20 | 41.05x |
| 2026-08-19 | 41.23x |
| 2026-08-18 | 41.43x |
| 2026-08-17 | 42.33x |
| 2026-08-14 | 42.51x |
| 2026-08-13 | 42.37x |
| 2026-08-12 | 42.29x |
| 2026-08-11 | 42.86x |
| 2026-08-10 | 43.42x |
| 2026-08-07 | 44.37x |
| 2026-08-06 | 44.26x |
| 2026-08-05 | 44.09x |
| 2026-08-04 | 44.55x |
| 2026-08-03 | 43.97x |
| 2026-07-31 | 44.47x |
| 2026-07-30 | 43.54x |
| 2026-07-29 | 43.53x |
| 2026-07-28 | 45.08x |
| 2026-07-27 | 47.50x |
| 2026-07-24 | 45.80x |
| 2026-07-23 | 46.38x |
| 2026-07-22 | 47.28x |
| 2026-07-21 | 48.33x |
| 2026-07-20 | 46.31x |
| 2026-07-17 | 46.33x |
| 2026-07-16 | 51.09x |
| 2026-07-15 | 52.03x |
| 2026-07-14 | 52.76x |
| 2026-07-13 | 52.92x |
| 2026-07-10 | 53.78x |
| 2026-07-09 | 54.03x |
| 2026-07-08 | 52.39x |
| 2026-07-07 | 51.97x |
| 2026-07-06 | 52.62x |
| 2026-07-02 | 52.26x |
| 2026-07-01 | 52.89x |
| 2026-06-30 | 52.56x |
| 2026-06-29 | 52.20x |
| 2026-06-26 | 52.83x |
| 2026-06-25 | 51.58x |
| 2026-06-24 | 52.16x |
| 2026-06-23 | 53.08x |
| 2026-06-22 | 54.45x |
| 2026-06-18 | 54.22x |
| 2026-06-17 | 54.53x |
| 2026-06-16 | 54.29x |
| 2026-06-15 | 55.20x |
| 2026-06-12 | 53.89x |
| 2026-06-11 | 53.72x |
| 2026-06-10 | 53.91x |
| 2026-06-09 | 54.71x |
| 2026-06-08 | 55.17x |
| 2026-06-05 | 52.68x |
| 2026-06-04 | 57.57x |
| 2026-06-03 | 57.06x |
| 2026-06-02 | 58.22x |
| 2026-06-01 | 57.91x |
| 2026-05-29 | 52.51x |
| 2026-05-28 | 52.36x |
| 2026-05-27 | 52.39x |
| 2026-05-26 | 53.45x |
| 2026-05-22 | 52.32x |
| 2026-05-21 | 50.24x |
| 2026-05-20 | 49.19x |
| 2026-05-19 | 47.44x |
| 2026-05-18 | 48.52x |
| 2026-05-15 | 48.69x |
| 2026-05-14 | 49.46x |
| 2026-05-13 | 49.70x |
| 2026-05-12 | 50.18x |
| 2026-05-11 | 51.03x |
| 2026-05-08 | 50.82x |
| 2026-05-07 | 50.02x |
| 2026-05-06 | 49.75x |
| 2026-05-05 | 49.57x |
| 2026-05-04 | 49.00x |
| 2026-05-01 | 47.82x |
| 2026-04-30 | 47.48x |
| 2026-04-29 | 47.53x |
| 2026-04-28 | 46.86x |
| 2026-04-27 | 48.49x |
| 2026-04-24 | 47.96x |
| 2026-04-23 | 45.27x |
| 2026-04-22 | 47.77x |
| 2026-04-21 | 46.94x |
| 2026-04-20 | 45.87x |
| 2026-04-17 | 44.79x |
| 2026-04-16 | 44.20x |
| 2026-04-15 | 43.79x |
| 2026-04-14 | 42.09x |
| 2026-04-13 | 41.48x |
| 2026-04-10 | 38.22x |
| 2026-04-09 | 40.44x |
| 2026-04-08 | 41.67x |
| 2026-04-07 | 40.22x |
| 2026-04-06 | 40.21x |
| 2026-04-02 | 40.11x |
| 2026-04-01 | 40.32x |
| 2026-03-31 | 39.99x |
| 2026-03-30 | 38.97x |
| 2026-03-27 | 39.10x |
| 2026-03-26 | 40.38x |
| 2026-03-25 | 40.50x |
| 2026-03-24 | 40.92x |
| 2026-03-23 | 42.11x |
| 2026-03-20 | 40.86x |
| 2026-03-19 | 41.37x |
| 2026-03-18 | 41.69x |
| 2026-03-17 | 42.29x |
| 2026-03-16 | 42.14x |
| 2026-03-13 | 41.31x |
| 2026-03-12 | 41.79x |
| 2026-03-11 | 42.35x |
| 2026-03-10 | 42.22x |
| 2026-03-09 | 42.91x |
| 2026-03-06 | 42.75x |
| 2026-03-05 | 43.17x |
| 2026-03-04 | 43.98x |
| 2026-03-03 | 43.28x |
| 2026-03-02 | 43.68x |
| 2026-02-27 | 43.39x |
| 2026-02-26 | 42.84x |
| 2026-02-25 | 43.46x |
| 2026-02-24 | 41.83x |
| 2026-02-23 | 40.26x |
| 2026-02-20 | 42.65x |
| 2026-02-19 | 42.70x |
| 2026-02-18 | 43.92x |
| 2026-02-17 | 41.57x |
| 2026-02-13 | 43.93x |
| 2026-02-12 | 42.29x |
| 2026-02-11 | 43.96x |
| 2026-02-10 | 43.86x |
| 2026-02-09 | 42.68x |
| 2026-02-06 | 41.58x |
| 2026-02-05 | 39.61x |
| 2026-02-04 | 39.80x |
| 2026-02-03 | 39.37x |
| 2026-02-02 | 42.42x |
| 2026-01-30 | 43.47x |
| 2026-01-29 | 44.40x |
| 2026-01-28 | 47.02x |
| 2026-01-27 | 46.71x |
| 2026-01-26 | 47.25x |
| 2026-01-23 | 46.70x |
| 2026-01-22 | 46.52x |
| 2026-01-21 | 46.04x |
| 2026-01-20 | 45.04x |
| 2026-01-16 | 46.57x |
| 2026-01-15 | 47.04x |
| 2026-01-14 | 45.94x |
| 2026-01-13 | 47.40x |
| 2026-01-12 | 47.76x |
| 2026-01-09 | 48.03x |
| 2026-01-08 | 46.77x |
| 2026-01-07 | 47.03x |
| 2026-01-06 | 46.16x |
| 2026-01-05 | 44.19x |
| 2026-01-02 | 45.54x |
| 2025-12-31 | 45.86x |
| 2025-12-30 | 46.30x |
| 2025-12-29 | 46.61x |
| 2025-12-26 | 46.79x |
| 2025-12-24 | 46.62x |
| 2025-12-23 | 46.50x |
| 2025-12-22 | 46.59x |
| 2025-12-19 | 46.20x |
| 2025-12-18 | 46.23x |
| 2025-12-17 | 45.92x |
| 2025-12-16 | 46.88x |
| 2025-12-15 | 46.72x |
| 2025-12-12 | 47.42x |
| 2025-12-11 | 49.22x |
| 2025-12-10 | 49.61x |
| 2025-12-09 | 49.17x |
| 2025-12-08 | 49.49x |
| 2025-12-05 | 49.53x |
| 2025-12-04 | 49.50x |
| 2025-12-03 | 49.32x |
| 2025-12-02 | 46.65x |
| 2025-12-01 | 45.42x |
| 2025-11-28 | 45.75x |
| 2025-11-26 | 44.94x |
| 2025-11-25 | 44.55x |
| 2025-11-24 | 44.66x |
| 2025-11-21 | 44.09x |
| 2025-11-20 | 44.32x |
| 2025-11-19 | 45.00x |
| 2025-11-18 | 44.48x |
| 2025-11-17 | 45.67x |
| 2025-11-14 | 46.20x |
| 2025-11-13 | 46.36x |
| 2025-11-12 | 46.29x |
| 2025-11-11 | 46.73x |
| 2025-11-10 | 48.27x |
| 2025-11-07 | 47.69x |
| 2025-11-06 | 47.61x |
| 2025-11-05 | 48.07x |
| 2025-11-04 | 48.90x |
| 2025-11-03 | 49.22x |
| 2025-10-31 | 49.70x |
| 2025-10-30 | 49.32x |
| 2025-10-29 | 50.10x |
| 2025-10-28 | 50.09x |
| 2025-10-27 | 54.38x |
| 2025-10-24 | 53.40x |
| 2025-10-23 | 52.18x |
| 2025-10-22 | 51.13x |
| 2025-10-21 | 51.59x |
| 2025-10-20 | 51.00x |
| 2025-10-17 | 50.45x |
| 2025-10-16 | 50.16x |
| 2025-10-15 | 50.14x |
| 2025-10-14 | 50.39x |
| 2025-10-13 | 51.40x |
| 2025-10-10 | 50.59x |
| 2025-10-09 | 53.95x |
| 2025-10-08 | 54.16x |
| 2025-10-07 | 53.46x |
| 2025-10-06 | 54.68x |
| 2025-10-03 | 53.74x |
| 2025-10-02 | 53.73x |
| 2025-10-01 | 54.47x |
| 2025-09-30 | 54.36x |
| 2025-09-29 | 53.93x |
| 2025-09-26 | 54.18x |
| 2025-09-25 | 54.33x |
| 2025-09-24 | 55.24x |
| 2025-09-23 | 56.69x |
| 2025-09-22 | 57.79x |
| 2025-09-19 | 57.79x |
| 2025-09-18 | 56.47x |
| 2025-09-17 | 53.74x |
| 2025-09-16 | 54.01x |
| 2025-09-15 | 54.40x |
| 2025-09-12 | 53.15x |
| 2025-09-11 | 54.89x |
| 2025-09-10 | 52.38x |
| 2025-09-09 | 55.99x |
| 2025-09-08 | 55.81x |
| 2025-09-05 | 54.32x |
| 2025-09-04 | 54.06x |
| 2025-09-03 | 53.74x |
| 2025-09-02 | 53.04x |
| 2025-08-29 | 54.23x |
| 2025-08-28 | 54.83x |
| 2025-08-27 | 53.68x |
| 2025-08-26 | 53.23x |
| 2025-08-25 | 53.41x |
Showing the most recent 260 of 4,672 data points. The chart above shows the full history.
