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 31.83x is 82% below its estimated 2-year average of 177.67x, near the low end of its estimated 2-year range (22.75x–479.00x).
As of 2026-09-10T20:00:00.000Z. 19.99% below its estimated 12-month average of 39.78x.
Quote observation: 2026-09-10T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 7eb486ae7011b3c8f63f2433b88f21b074537cf27bb5ee1e410673a2cb235c77
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 2026-09-09.
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
31.83x
EV/EBITDA RATIO AVG TTM
39.78x
EV/EBITDA RATIO AVG 3Y
N/A
EV/EBITDA RATIO AVG 5Y
N/A
EV/EBITDA RATIO AVG 10Y
N/A
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-19.99%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
25.50x
median of 156 covered companies
CURRENT VS SECTOR MEDIAN
+24.80%
vs the sector median at left
Market Cap
$6.52B
EV/EBITDA Ratio
N/A
TTM Avg
423.27x
3Y Avg
161.83x
5Y Avg
161.83x
Market Cap
$7.35B
EV/EBITDA Ratio
35.24x
TTM Avg
40.71x
3Y Avg
111.87x
5Y Avg
155.64x
Market Cap
$7.42B
EV/EBITDA Ratio
N/A
TTM Avg
91.18x
3Y Avg
83.45x
5Y Avg
83.45x
Market Cap
$5.98B
EV/EBITDA Ratio
7.50x
TTM Avg
10.18x
3Y Avg
14.80x
5Y Avg
21.43x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Duolingo, Inc. (DUOL) | $6.76B | 31.83x | 39.78x | N/A | N/A |
| Camtek Ltd. (CAMT)vs › | $6.73B | N/A | 58.60x | 50.19x | 38.60x |
| SentinelOne, Inc. (S)vs › | $6.67B | N/A | N/A | N/A | N/A |
| Plexus Corp. (PLXS)vs › | $6.61B | 21.45x | 19.18x | 15.51x | 13.92x |
| Cipher Mining Inc. (CIFR)vs › | $6.52B | N/A | 423.27x | 161.83x | 161.83x |
| AppFolio Inc. (APPF)vs › | $7.35B | 35.24x | 40.71x | 111.87x | 155.64x |
| UiPath Inc. (PATH)vs › | $7.38B | 37.71x | 139.64x | 139.64x | 139.64x |
| Applied Digital Corp. (APLD)vs › | $7.42B | N/A | 91.18x | 83.45x | 83.45x |
| EPAM Systems, Inc. (EPAM)vs › | $5.98B | 7.50x | 10.18x | 14.80x | 21.43x |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.64B | 66.57x | 59.25x | 73.78x | 73.78x |
At 31.8, EV/EBITDA is at an extreme level, where the multiple carries little signal — higher than 19% of readings in its estimated 2-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 2-year low
22.8
median
187.4
estimated 2-year high
479.0
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 |
|---|---|
| 2026-09-09 | 32.97x |
| 2026-09-08 | 34.98x |
| 2026-09-04 | 37.24x |
| 2026-09-03 | 38.47x |
| 2026-09-02 | 38.19x |
| 2026-09-01 | 38.45x |
| 2026-08-31 | 35.53x |
| 2026-08-28 | 35.14x |
| 2026-08-27 | 33.98x |
| 2026-08-26 | 33.43x |
| 2026-08-25 | 34.88x |
| 2026-08-24 | 35.10x |
| 2026-08-21 | 34.90x |
| 2026-08-20 | 35.16x |
| 2026-08-19 | 34.87x |
| 2026-08-18 | 33.08x |
| 2026-08-17 | 30.42x |
| 2026-08-14 | 31.17x |
| 2026-08-13 | 34.33x |
| 2026-08-12 | 31.67x |
| 2026-08-11 | 31.90x |
| 2026-08-10 | 32.39x |
| 2026-08-07 | 30.62x |
| 2026-08-06 | 28.29x |
| 2026-08-05 | 31.47x |
| 2026-08-04 | 32.14x |
| 2026-08-03 | 31.60x |
| 2026-07-31 | 31.33x |
| 2026-07-30 | 30.99x |
| 2026-07-29 | 32.81x |
| 2026-07-28 | 32.96x |
| 2026-07-27 | 30.78x |
| 2026-07-24 | 27.85x |
| 2026-07-23 | 27.42x |
| 2026-07-22 | 27.10x |
| 2026-07-21 | 28.54x |
| 2026-07-20 | 31.07x |
| 2026-07-17 | 31.06x |
| 2026-07-16 | 29.70x |
| 2026-07-15 | 30.33x |
| 2026-07-14 | 29.54x |
| 2026-07-13 | 30.64x |
| 2026-07-10 | 28.55x |
| 2026-07-09 | 29.98x |
| 2026-07-08 | 29.33x |
| 2026-07-07 | 30.54x |
| 2026-07-06 | 29.92x |
| 2026-07-02 | 28.83x |
| 2026-07-01 | 27.57x |
| 2026-06-30 | 25.86x |
| 2026-06-29 | 26.14x |
| 2026-06-26 | 27.65x |
| 2026-06-25 | 27.22x |
| 2026-06-24 | 30.59x |
| 2026-06-23 | 30.60x |
| 2026-06-22 | 29.24x |
| 2026-06-18 | 28.77x |
| 2026-06-17 | 28.17x |
| 2026-06-16 | 29.46x |
| 2026-06-15 | 29.19x |
| 2026-06-12 | 27.96x |
| 2026-06-11 | 28.30x |
| 2026-06-10 | 27.77x |
| 2026-06-09 | 26.64x |
| 2026-06-08 | 26.67x |
| 2026-06-05 | 24.21x |
| 2026-06-04 | 24.24x |
| 2026-06-03 | 23.76x |
| 2026-06-02 | 24.46x |
| 2026-06-01 | 26.68x |
| 2026-05-29 | 24.85x |
| 2026-05-28 | 24.11x |
| 2026-05-27 | 23.87x |
| 2026-05-26 | 23.50x |
| 2026-05-22 | 23.54x |
| 2026-05-21 | 23.27x |
| 2026-05-20 | 23.60x |
| 2026-05-19 | 25.61x |
| 2026-05-18 | 25.37x |
| 2026-05-15 | 25.04x |
| 2026-05-14 | 24.24x |
| 2026-05-13 | 23.09x |
| 2026-05-12 | 23.37x |
| 2026-05-11 | 23.14x |
| 2026-05-08 | 23.92x |
| 2026-05-07 | 25.47x |
| 2026-05-06 | 23.10x |
| 2026-05-05 | 22.83x |
| 2026-05-04 | 29.22x |
| 2026-05-01 | 29.54x |
| 2026-04-30 | 29.17x |
| 2026-04-29 | 28.13x |
| 2026-04-28 | 27.94x |
| 2026-04-27 | 27.00x |
| 2026-04-24 | 27.05x |
| 2026-04-23 | 26.04x |
| 2026-04-22 | 27.71x |
| 2026-04-21 | 26.78x |
| 2026-04-20 | 27.49x |
| 2026-04-17 | 26.11x |
| 2026-04-16 | 27.05x |
| 2026-04-15 | 25.55x |
| 2026-04-14 | 23.21x |
| 2026-04-13 | 23.87x |
| 2026-04-10 | 22.75x |
| 2026-04-09 | 22.91x |
| 2026-04-08 | 23.08x |
| 2026-04-07 | 24.76x |
| 2026-04-06 | 25.74x |
| 2026-04-02 | 24.84x |
| 2026-04-01 | 24.72x |
| 2026-03-31 | 25.49x |
| 2026-03-30 | 24.06x |
| 2026-03-27 | 24.45x |
| 2026-03-26 | 25.34x |
| 2026-03-25 | 25.66x |
| 2026-03-24 | 25.20x |
| 2026-03-23 | 25.86x |
| 2026-03-20 | 25.32x |
| 2026-03-19 | 25.82x |
| 2026-03-18 | 25.96x |
| 2026-03-17 | 27.34x |
| 2026-03-16 | 26.57x |
| 2026-03-13 | 25.43x |
| 2026-03-12 | 24.32x |
| 2026-03-11 | 25.56x |
| 2026-03-10 | 24.40x |
| 2026-03-09 | 26.08x |
| 2026-03-06 | 26.56x |
| 2026-03-05 | 26.44x |
| 2026-03-04 | 24.72x |
| 2026-03-03 | 26.46x |
| 2026-03-02 | 26.21x |
| 2026-02-27 | 26.26x |
| 2026-02-26 | 38.66x |
| 2026-02-25 | 36.40x |
| 2026-02-24 | 35.53x |
| 2026-02-23 | 34.24x |
| 2026-02-20 | 36.90x |
| 2026-02-19 | 36.18x |
| 2026-02-18 | 36.71x |
| 2026-02-17 | 36.56x |
| 2026-02-13 | 36.76x |
| 2026-02-12 | 36.55x |
| 2026-02-11 | 35.48x |
| 2026-02-10 | 39.94x |
| 2026-02-09 | 39.24x |
| 2026-02-06 | 39.43x |
| 2026-02-05 | 37.45x |
| 2026-02-04 | 38.45x |
| 2026-02-03 | 39.77x |
| 2026-02-02 | 44.33x |
| 2026-01-30 | 45.16x |
| 2026-01-29 | 47.28x |
| 2026-01-28 | 48.58x |
| 2026-01-27 | 49.86x |
| 2026-01-26 | 52.01x |
| 2026-01-23 | 53.74x |
| 2026-01-22 | 52.84x |
| 2026-01-21 | 50.15x |
| 2026-01-20 | 50.84x |
| 2026-01-16 | 51.46x |
| 2026-01-15 | 53.13x |
| 2026-01-14 | 53.85x |
| 2026-01-13 | 57.58x |
| 2026-01-12 | 55.99x |
| 2026-01-09 | 61.82x |
| 2026-01-08 | 60.73x |
| 2026-01-07 | 61.68x |
| 2026-01-06 | 62.72x |
| 2026-01-05 | 65.15x |
| 2026-01-02 | 61.75x |
| 2025-12-31 | 61.37x |
| 2025-12-30 | 62.01x |
| 2025-12-29 | 63.20x |
| 2025-12-26 | 63.78x |
| 2025-12-24 | 63.40x |
| 2025-12-23 | 62.84x |
| 2025-12-22 | 65.23x |
| 2025-12-19 | 65.46x |
| 2025-12-18 | 64.26x |
| 2025-12-17 | 64.68x |
| 2025-12-16 | 65.78x |
| 2025-12-15 | 65.47x |
| 2025-12-12 | 69.50x |
| 2025-12-11 | 71.33x |
| 2025-12-10 | 69.95x |
| 2025-12-09 | 74.51x |
| 2025-12-08 | 74.05x |
| 2025-12-05 | 70.86x |
| 2025-12-04 | 66.41x |
| 2025-12-03 | 65.22x |
| 2025-12-02 | 64.15x |
| 2025-12-01 | 65.26x |
| 2025-11-28 | 67.59x |
| 2025-11-26 | 66.43x |
| 2025-11-25 | 61.47x |
| 2025-11-24 | 60.19x |
| 2025-11-21 | 60.31x |
| 2025-11-20 | 58.44x |
| 2025-11-19 | 60.97x |
| 2025-11-18 | 61.35x |
| 2025-11-17 | 62.45x |
| 2025-11-14 | 65.11x |
| 2025-11-13 | 65.69x |
| 2025-11-12 | 65.70x |
| 2025-11-11 | 68.96x |
| 2025-11-10 | 68.14x |
| 2025-11-07 | 71.43x |
| 2025-11-06 | 68.51x |
| 2025-11-05 | 119.32x |
| 2025-11-04 | 120.32x |
| 2025-11-03 | 121.74x |
| 2025-10-31 | 124.56x |
| 2025-10-30 | 120.70x |
| 2025-10-29 | 125.60x |
| 2025-10-28 | 136.01x |
| 2025-10-27 | 142.35x |
| 2025-10-24 | 144.95x |
| 2025-10-23 | 145.66x |
| 2025-10-22 | 142.76x |
| 2025-10-21 | 147.71x |
| 2025-10-20 | 145.31x |
| 2025-10-17 | 150.87x |
| 2025-10-16 | 154.09x |
| 2025-10-15 | 159.28x |
| 2025-10-14 | 155.10x |
| 2025-10-13 | 153.82x |
| 2025-10-10 | 151.35x |
| 2025-10-09 | 157.36x |
| 2025-10-08 | 162.33x |
| 2025-10-07 | 148.88x |
| 2025-10-06 | 149.04x |
| 2025-10-03 | 150.19x |
| 2025-10-02 | 145.44x |
| 2025-10-01 | 140.86x |
| 2025-09-30 | 149.80x |
| 2025-09-29 | 153.22x |
| 2025-09-26 | 152.04x |
| 2025-09-25 | 145.68x |
| 2025-09-24 | 139.61x |
| 2025-09-23 | 138.78x |
| 2025-09-22 | 143.63x |
| 2025-09-19 | 134.54x |
| 2025-09-18 | 133.94x |
| 2025-09-17 | 128.76x |
| 2025-09-16 | 129.54x |
| 2025-09-15 | 131.69x |
| 2025-09-12 | 142.93x |
| 2025-09-11 | 143.63x |
| 2025-09-10 | 132.08x |
| 2025-09-09 | 125.96x |
| 2025-09-08 | 124.87x |
| 2025-09-05 | 124.82x |
| 2025-09-04 | 125.57x |
| 2025-09-03 | 130.41x |
| 2025-09-02 | 134.09x |
| 2025-08-29 | 137.98x |
| 2025-08-28 | 150.26x |
| 2025-08-27 | 147.87x |
Showing the most recent 260 of 585 data points. The chart above shows the full history.