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 16.44x is 30% above its estimated 5-year average of 12.65x, near the high end of its estimated 5-year range (9.91x–17.75x).
As of 2026-09-11T15:20:47.863Z. 9.02% above its estimated 12-month average of 15.08x.
Calculation as of: 2026-09-11T15:20:47.863Z.
Quote observation: 2026-09-11T15:20:26.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4366301109c8cfb2b763c36a9c79427819c0955e0bd52e9569bae30e3000b2e6
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 2026-09-10.
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
16.44x
EV/EBITDA RATIO AVG TTM
15.08x
EV/EBITDA RATIO AVG 3Y
12.61x
EV/EBITDA RATIO AVG 5Y
12.65x
EV/EBITDA RATIO AVG 10Y
12.53x
EV/EBITDA RATIO AVG 15Y
10.99x
EV/EBITDA RATIO AVG 20Y
10.24x
CURRENT VS TTM AVG
+9.02%
CURRENT VS 3Y AVG
+30.41%
CURRENT VS 5Y AVG
+30.01%
CURRENT VS 10Y AVG
+31.24%
CURRENT VS 15Y AVG
+49.61%
CURRENT VS 20Y AVG
+60.61%
SECTOR MEDIAN · INDUSTRIALS
17.03x
median of 127 covered companies
CURRENT VS SECTOR MEDIAN
-3.46%
vs the sector median at left
CSX Corporation
Market Cap
$90.32B
EV/EBITDA Ratio
16.44x
TTM Avg
15.08x
3Y Avg
12.61x
5Y Avg
12.65x
Market Cap
$91.93B
EV/EBITDA Ratio
33.22x
TTM Avg
39.81x
3Y Avg
30.08x
5Y Avg
24.48x
Market Cap
$85.39B
EV/EBITDA Ratio
13.93x
TTM Avg
15.22x
3Y Avg
15.80x
5Y Avg
15.56x
Market Cap
$95.65B
EV/EBITDA Ratio
15.85x
TTM Avg
16.61x
3Y Avg
16.09x
5Y Avg
15.42x
Market Cap
$84.40B
EV/EBITDA Ratio
18.98x
TTM Avg
18.10x
3Y Avg
17.07x
5Y Avg
16.69x
Market Cap
$84.26B
EV/EBITDA Ratio
10.37x
TTM Avg
9.48x
3Y Avg
10.19x
5Y Avg
10.71x
Market Cap
$97.58B
EV/EBITDA Ratio
23.06x
TTM Avg
23.58x
3Y Avg
22.78x
5Y Avg
20.63x
Market Cap
$97.89B
EV/EBITDA Ratio
34.70x
TTM Avg
34.86x
3Y Avg
27.55x
5Y Avg
24.03x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CSX Corporation (CSX) | $90.32B | 16.44x | 15.08x | 12.61x | 12.65x |
| Howmet Aerospace Inc. (HWM)vs › | $91.93B | 33.22x | 39.81x | 30.08x | 24.48x |
| Waste Management, Inc. (WM)vs › | $85.39B | 13.93x | 15.22x | 15.80x | 15.56x |
| General Dynamics Corporation (GD)vs › | $95.65B | 15.85x | 16.61x | 16.09x | 15.42x |
| Emerson Electric Co. (EMR)vs › | $84.40B | 18.98x | 18.10x | 17.07x | 16.69x |
| 3M Company (MMM)vs › | $84.33B | N/A | 15.61x | 14.57x | 12.80x |
| United Parcel Service, Inc. (UPS)vs › | $84.26B | 10.37x | 9.48x | 10.19x | 10.71x |
| Trane Technologies plc (TT)vs › | $97.58B | 23.06x | 23.58x | 22.78x | 20.63x |
| Quanta Services, Inc. (PWR)vs › | $97.89B | 34.70x | 34.86x | 27.55x | 24.03x |
| Vertiv Holdings Co (VRT)vs › | $99.06B | 39.17x | 43.17x | 32.05x | 26.48x |
At 16.4, EV/EBITDA is above its estimated 20-year median — higher than 99% 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
4.2
median
9.8
estimated 20-year high
17.8
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 |
|---|---|
| 2026-09-10 | 16.57x |
| 2026-09-09 | 16.38x |
| 2026-09-08 | 16.56x |
| 2026-09-04 | 16.67x |
| 2026-09-03 | 16.55x |
| 2026-09-02 | 16.46x |
| 2026-09-01 | 16.47x |
| 2026-08-31 | 16.98x |
| 2026-08-28 | 17.20x |
| 2026-08-27 | 17.27x |
| 2026-08-26 | 17.33x |
| 2026-08-25 | 17.26x |
| 2026-08-24 | 17.24x |
| 2026-08-21 | 17.29x |
| 2026-08-20 | 17.11x |
| 2026-08-19 | 17.03x |
| 2026-08-18 | 16.91x |
| 2026-08-17 | 17.00x |
| 2026-08-14 | 16.88x |
| 2026-08-13 | 16.88x |
| 2026-08-12 | 16.86x |
| 2026-08-11 | 16.82x |
| 2026-08-10 | 16.87x |
| 2026-08-07 | 16.91x |
| 2026-08-06 | 17.03x |
| 2026-08-05 | 17.15x |
| 2026-08-04 | 17.13x |
| 2026-08-03 | 16.79x |
| 2026-07-31 | 16.95x |
| 2026-07-30 | 16.89x |
| 2026-07-29 | 17.05x |
| 2026-07-28 | 17.07x |
| 2026-07-27 | 17.34x |
| 2026-07-24 | 17.75x |
| 2026-07-23 | 17.63x |
| 2026-07-22 | 17.39x |
| 2026-07-21 | 17.38x |
| 2026-07-20 | 17.44x |
| 2026-07-17 | 17.63x |
| 2026-07-16 | 17.67x |
| 2026-07-15 | 17.24x |
| 2026-07-14 | 17.39x |
| 2026-07-13 | 17.30x |
| 2026-07-10 | 17.24x |
| 2026-07-09 | 17.22x |
| 2026-07-08 | 17.03x |
| 2026-07-07 | 16.98x |
| 2026-07-06 | 17.06x |
| 2026-07-02 | 17.09x |
| 2026-07-01 | 16.92x |
| 2026-06-30 | 16.69x |
| 2026-06-29 | 16.83x |
| 2026-06-26 | 16.73x |
| 2026-06-25 | 16.67x |
| 2026-06-24 | 16.26x |
| 2026-06-23 | 16.29x |
| 2026-06-22 | 16.30x |
| 2026-06-18 | 16.14x |
| 2026-06-17 | 16.12x |
| 2026-06-16 | 16.51x |
| 2026-06-15 | 16.65x |
| 2026-06-12 | 16.70x |
| 2026-06-11 | 16.64x |
| 2026-06-10 | 16.37x |
| 2026-06-09 | 16.62x |
| 2026-06-08 | 16.57x |
| 2026-06-05 | 16.53x |
| 2026-06-04 | 16.31x |
| 2026-06-03 | 16.37x |
| 2026-06-02 | 16.29x |
| 2026-06-01 | 16.21x |
| 2026-05-29 | 16.03x |
| 2026-05-28 | 16.19x |
| 2026-05-27 | 16.58x |
| 2026-05-26 | 16.42x |
| 2026-05-22 | 16.11x |
| 2026-05-21 | 16.22x |
| 2026-05-20 | 16.23x |
| 2026-05-19 | 16.27x |
| 2026-05-18 | 16.30x |
| 2026-05-15 | 16.15x |
| 2026-05-14 | 16.22x |
| 2026-05-13 | 15.78x |
| 2026-05-12 | 15.82x |
| 2026-05-11 | 15.88x |
| 2026-05-08 | 15.91x |
| 2026-05-07 | 15.80x |
| 2026-05-06 | 16.13x |
| 2026-05-05 | 15.96x |
| 2026-05-04 | 15.87x |
| 2026-05-01 | 15.98x |
| 2026-04-30 | 16.08x |
| 2026-04-29 | 15.86x |
| 2026-04-28 | 16.02x |
| 2026-04-27 | 16.09x |
| 2026-04-24 | 16.07x |
| 2026-04-23 | 16.30x |
| 2026-04-22 | 15.99x |
| 2026-04-21 | 16.05x |
| 2026-04-20 | 16.15x |
| 2026-04-17 | 16.03x |
| 2026-04-16 | 15.85x |
| 2026-04-15 | 15.67x |
| 2026-04-14 | 15.79x |
| 2026-04-13 | 15.74x |
| 2026-04-10 | 15.71x |
| 2026-04-09 | 15.79x |
| 2026-04-08 | 15.68x |
| 2026-04-07 | 15.46x |
| 2026-04-06 | 15.48x |
| 2026-04-02 | 15.40x |
| 2026-04-01 | 15.47x |
| 2026-03-31 | 15.35x |
| 2026-03-30 | 14.97x |
| 2026-03-27 | 14.94x |
| 2026-03-26 | 14.90x |
| 2026-03-25 | 14.91x |
| 2026-03-24 | 14.70x |
| 2026-03-23 | 14.72x |
| 2026-03-20 | 14.49x |
| 2026-03-19 | 14.58x |
| 2026-03-18 | 14.93x |
| 2026-03-17 | 15.13x |
| 2026-03-16 | 14.97x |
| 2026-03-13 | 14.83x |
| 2026-03-12 | 14.80x |
| 2026-03-11 | 15.14x |
| 2026-03-10 | 15.31x |
| 2026-03-09 | 15.22x |
| 2026-03-06 | 15.02x |
| 2026-03-05 | 15.38x |
| 2026-03-04 | 15.87x |
| 2026-03-03 | 15.84x |
| 2026-03-02 | 15.99x |
| 2026-02-27 | 15.85x |
| 2026-02-26 | 15.83x |
| 2026-02-25 | 15.70x |
| 2026-02-24 | 15.78x |
| 2026-02-23 | 15.63x |
| 2026-02-20 | 15.73x |
| 2026-02-19 | 15.54x |
| 2026-02-18 | 15.45x |
| 2026-02-17 | 15.35x |
| 2026-02-13 | 15.30x |
| 2026-02-12 | 15.03x |
| 2026-02-11 | 15.22x |
| 2026-02-10 | 15.09x |
| 2026-02-09 | 15.04x |
| 2026-02-06 | 15.01x |
| 2026-02-05 | 14.79x |
| 2026-02-04 | 14.78x |
| 2026-02-03 | 14.58x |
| 2026-02-02 | 14.35x |
| 2026-01-30 | 14.17x |
| 2026-01-29 | 14.20x |
| 2026-01-28 | 14.05x |
| 2026-01-27 | 14.14x |
| 2026-01-26 | 14.08x |
| 2026-01-23 | 13.84x |
| 2026-01-22 | 13.58x |
| 2026-01-21 | 13.80x |
| 2026-01-20 | 13.50x |
| 2026-01-16 | 13.72x |
| 2026-01-15 | 13.73x |
| 2026-01-14 | 13.70x |
| 2026-01-13 | 13.54x |
| 2026-01-12 | 13.42x |
| 2026-01-09 | 13.41x |
| 2026-01-08 | 13.45x |
| 2026-01-07 | 13.37x |
| 2026-01-06 | 13.67x |
| 2026-01-05 | 13.62x |
| 2026-01-02 | 13.73x |
| 2025-12-31 | 13.72x |
| 2025-12-30 | 13.77x |
| 2025-12-29 | 13.86x |
| 2025-12-26 | 13.83x |
| 2025-12-24 | 13.88x |
| 2025-12-23 | 13.82x |
| 2025-12-22 | 13.81x |
| 2025-12-19 | 13.79x |
| 2025-12-18 | 13.83x |
| 2025-12-17 | 13.79x |
| 2025-12-16 | 13.88x |
| 2025-12-15 | 13.99x |
| 2025-12-12 | 14.06x |
| 2025-12-11 | 13.99x |
| 2025-12-10 | 13.97x |
| 2025-12-09 | 13.76x |
| 2025-12-08 | 13.75x |
| 2025-12-05 | 13.73x |
| 2025-12-04 | 13.70x |
| 2025-12-03 | 13.63x |
| 2025-12-02 | 13.34x |
| 2025-12-01 | 13.31x |
| 2025-11-28 | 13.46x |
| 2025-11-26 | 13.44x |
| 2025-11-25 | 13.32x |
| 2025-11-24 | 13.17x |
| 2025-11-21 | 13.14x |
| 2025-11-20 | 12.96x |
| 2025-11-19 | 13.04x |
| 2025-11-18 | 13.05x |
| 2025-11-17 | 13.06x |
| 2025-11-14 | 13.32x |
| 2025-11-13 | 13.32x |
| 2025-11-12 | 13.47x |
| 2025-11-11 | 13.34x |
| 2025-11-10 | 13.39x |
| 2025-11-07 | 13.45x |
| 2025-11-06 | 13.40x |
| 2025-11-05 | 13.45x |
| 2025-11-04 | 13.60x |
| 2025-11-03 | 13.60x |
| 2025-10-31 | 13.65x |
| 2025-10-30 | 13.54x |
| 2025-10-29 | 13.44x |
| 2025-10-28 | 13.55x |
| 2025-10-27 | 13.65x |
| 2025-10-24 | 13.68x |
| 2025-10-23 | 13.51x |
| 2025-10-22 | 13.62x |
| 2025-10-21 | 13.57x |
| 2025-10-20 | 13.84x |
| 2025-10-17 | 13.82x |
| 2025-10-16 | 13.15x |
| 2025-10-15 | 13.22x |
| 2025-10-14 | 13.19x |
| 2025-10-13 | 13.03x |
| 2025-10-10 | 13.01x |
| 2025-10-09 | 13.17x |
| 2025-10-08 | 13.14x |
| 2025-10-07 | 13.15x |
| 2025-10-06 | 13.22x |
| 2025-10-03 | 13.15x |
| 2025-10-02 | 13.03x |
| 2025-10-01 | 12.87x |
| 2025-09-30 | 13.01x |
| 2025-09-29 | 13.10x |
| 2025-09-26 | 12.59x |
| 2025-09-25 | 12.52x |
| 2025-09-24 | 12.53x |
| 2025-09-23 | 12.60x |
| 2025-09-22 | 12.36x |
| 2025-09-19 | 12.29x |
| 2025-09-18 | 12.42x |
| 2025-09-17 | 12.23x |
| 2025-09-16 | 12.15x |
| 2025-09-15 | 12.16x |
| 2025-09-12 | 12.15x |
| 2025-09-11 | 12.26x |
| 2025-09-10 | 12.03x |
| 2025-09-09 | 12.07x |
| 2025-09-08 | 12.14x |
| 2025-09-05 | 12.17x |
| 2025-09-04 | 12.20x |
| 2025-09-03 | 12.09x |
| 2025-09-02 | 12.07x |
| 2025-08-29 | 12.16x |
| 2025-08-28 | 12.20x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
