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 25.95x is 19% below its estimated 5-year average of 31.85x, near the low end of its estimated 5-year range (23.17x–50.73x).
As of 2026-09-26T00:15:44.311Z. 9.34% below its estimated 12-month average of 28.62x.
Calculation as of: 2026-09-26T00:15:44.311Z.
Quote observation: 2026-09-25T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: a867f74022b929e80d197199fbfebc6630f0c88c819bafdecee0647af169585c
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
25.95x
EV/EBIT RATIO AVG TTM
28.62x
EV/EBIT RATIO AVG 3Y
28.53x
EV/EBIT RATIO AVG 5Y
31.85x
EV/EBIT RATIO AVG 10Y
33.56x
EV/EBIT RATIO AVG 15Y
31.18x
EV/EBIT RATIO AVG 20Y
28.82x
CURRENT VS TTM AVG
-9.34%
CURRENT VS 3Y AVG
-9.05%
CURRENT VS 5Y AVG
-18.53%
CURRENT VS 10Y AVG
-22.69%
CURRENT VS 15Y AVG
-16.77%
CURRENT VS 20Y AVG
-9.97%
SECTOR MEDIAN · HEALTHCARE
21.56x
median of 77 covered companies
CURRENT VS SECTOR MEDIAN
+20.36%
vs the sector median at left
Edwards Lifesciences Corporation
Market Cap
$49.69B
EV/EBIT Ratio
25.95x
TTM Avg
28.62x
3Y Avg
28.53x
5Y Avg
31.85x
Market Cap
$48.80B
EV/EBIT Ratio
31.11x
TTM Avg
26.58x
3Y Avg
27.44x
5Y Avg
28.09x
Market Cap
$50.65B
EV/EBIT Ratio
32.59x
TTM Avg
25.52x
3Y Avg
29.24x
5Y Avg
30.14x
Market Cap
$51.58B
EV/EBIT Ratio
21.69x
TTM Avg
22.63x
3Y Avg
24.35x
5Y Avg
35.24x
Market Cap
$45.64B
EV/EBIT Ratio
29.68x
TTM Avg
27.92x
3Y Avg
57.88x
5Y Avg
50.57x
Market Cap
$44.50B
EV/EBIT Ratio
25.52x
TTM Avg
21.67x
3Y Avg
23.68x
5Y Avg
28.27x
Market Cap
$42.57B
EV/EBIT Ratio
127.90x
TTM Avg
40.65x
3Y Avg
31.10x
5Y Avg
28.42x
Market Cap
$40.96B
EV/EBIT Ratio
28.70x
TTM Avg
37.62x
3Y Avg
37.45x
5Y Avg
40.89x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Edwards Lifesciences Corporation (EW) | $49.69B | 25.95x | 28.62x | 28.53x | 31.85x |
| Agilent Technologies, Inc. (A)vs › | $48.80B | 31.11x | 26.58x | 27.44x | 28.09x |
| Becton, Dickinson and Company (BDX)vs › | $50.65B | 32.59x | 25.52x | 29.24x | 30.14x |
| Humana Inc. (HUM)vs › | $47.81B | 27.28x | 26.04x | 20.84x | 19.74x |
| Cardinal Health, Inc. (CAH)vs › | $51.58B | 21.69x | 22.63x | 24.35x | 35.24x |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $45.64B | 29.68x | 27.92x | 57.88x | 50.57x |
| IQVIA Holdings Inc. (IQV)vs › | $44.50B | 25.52x | 21.67x | 23.68x | 28.27x |
| Waters Corporation (WAT)vs › | $42.57B | 127.90x | 40.65x | 31.10x | 28.42x |
| IDEXX Laboratories, Inc. (IDXX)vs › | $40.96B | 28.70x | 37.62x | 37.45x | 40.89x |
| Cencora, Inc. (COR)vs › | $59.71B | 15.83x | 18.27x | 18.25x | 16.02x |
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 | 25.43x |
| 2026-09-10 | 26.19x |
| 2026-09-09 | 26.00x |
| 2026-09-08 | 26.17x |
| 2026-09-04 | 27.18x |
| 2026-09-03 | 27.14x |
| 2026-09-02 | 27.47x |
| 2026-09-01 | 27.44x |
| 2026-08-31 | 27.45x |
| 2026-08-28 | 27.28x |
| 2026-08-27 | 27.19x |
| 2026-08-26 | 27.46x |
| 2026-08-25 | 27.48x |
| 2026-08-24 | 27.37x |
| 2026-08-21 | 27.14x |
| 2026-08-20 | 27.16x |
| 2026-08-19 | 27.93x |
| 2026-08-18 | 27.52x |
| 2026-08-17 | 27.46x |
| 2026-08-14 | 27.71x |
| 2026-08-13 | 28.02x |
| 2026-08-12 | 28.17x |
| 2026-08-11 | 28.36x |
| 2026-08-10 | 27.85x |
| 2026-08-07 | 27.12x |
| 2026-08-06 | 26.99x |
| 2026-08-05 | 26.88x |
| 2026-08-04 | 28.88x |
| 2026-08-03 | 28.62x |
| 2026-07-31 | 27.71x |
| 2026-07-30 | 27.99x |
| 2026-07-29 | 27.60x |
| 2026-07-28 | 26.91x |
| 2026-07-27 | 26.70x |
| 2026-07-24 | 26.56x |
| 2026-07-23 | 26.96x |
| 2026-07-22 | 27.14x |
| 2026-07-21 | 27.20x |
| 2026-07-20 | 27.35x |
| 2026-07-17 | 27.59x |
| 2026-07-16 | 28.30x |
| 2026-07-15 | 28.11x |
| 2026-07-14 | 29.05x |
| 2026-07-13 | 29.61x |
| 2026-07-10 | 29.75x |
| 2026-07-09 | 29.46x |
| 2026-07-08 | 30.23x |
| 2026-07-07 | 30.63x |
| 2026-07-06 | 30.75x |
| 2026-07-02 | 30.48x |
| 2026-07-01 | 29.68x |
| 2026-06-30 | 29.17x |
| 2026-06-29 | 29.41x |
| 2026-06-26 | 29.28x |
| 2026-06-25 | 28.92x |
| 2026-06-24 | 28.90x |
| 2026-06-23 | 28.00x |
| 2026-06-22 | 27.64x |
| 2026-06-18 | 28.14x |
| 2026-06-17 | 27.91x |
| 2026-06-16 | 28.54x |
| 2026-06-15 | 27.78x |
| 2026-06-12 | 27.39x |
| 2026-06-11 | 27.60x |
| 2026-06-10 | 27.68x |
| 2026-06-09 | 28.20x |
| 2026-06-08 | 27.63x |
| 2026-06-05 | 27.67x |
| 2026-06-04 | 28.17x |
| 2026-06-03 | 27.68x |
| 2026-06-02 | 28.24x |
| 2026-06-01 | 28.40x |
| 2026-05-29 | 27.84x |
| 2026-05-28 | 27.67x |
| 2026-05-27 | 27.85x |
| 2026-05-26 | 28.20x |
| 2026-05-22 | 27.61x |
| 2026-05-21 | 26.75x |
| 2026-05-20 | 26.67x |
| 2026-05-19 | 26.40x |
| 2026-05-18 | 26.48x |
| 2026-05-15 | 26.14x |
| 2026-05-14 | 26.13x |
| 2026-05-13 | 26.15x |
| 2026-05-12 | 25.59x |
| 2026-05-11 | 24.74x |
| 2026-05-08 | 25.67x |
| 2026-05-07 | 26.60x |
| 2026-05-06 | 28.48x |
| 2026-05-05 | 28.38x |
| 2026-05-04 | 28.53x |
| 2026-05-01 | 28.76x |
| 2026-04-30 | 28.59x |
| 2026-04-29 | 27.77x |
| 2026-04-28 | 28.15x |
| 2026-04-27 | 28.58x |
| 2026-04-24 | 28.82x |
| 2026-04-23 | 27.23x |
| 2026-04-22 | 27.88x |
| 2026-04-21 | 27.23x |
| 2026-04-20 | 27.85x |
| 2026-04-17 | 27.69x |
| 2026-04-16 | 26.99x |
| 2026-04-15 | 26.69x |
| 2026-04-14 | 26.69x |
| 2026-04-13 | 26.66x |
| 2026-04-10 | 26.57x |
| 2026-04-09 | 27.03x |
| 2026-04-08 | 27.95x |
| 2026-04-07 | 27.64x |
| 2026-04-06 | 27.76x |
| 2026-04-02 | 27.71x |
| 2026-04-01 | 27.79x |
| 2026-03-31 | 27.36x |
| 2026-03-30 | 27.15x |
| 2026-03-27 | 27.10x |
| 2026-03-26 | 28.09x |
| 2026-03-25 | 28.29x |
| 2026-03-24 | 27.94x |
| 2026-03-23 | 28.06x |
| 2026-03-20 | 28.23x |
| 2026-03-19 | 28.22x |
| 2026-03-18 | 28.27x |
| 2026-03-17 | 28.87x |
| 2026-03-16 | 28.61x |
| 2026-03-13 | 27.98x |
| 2026-03-12 | 28.99x |
| 2026-03-11 | 29.16x |
| 2026-03-10 | 29.41x |
| 2026-03-09 | 28.86x |
| 2026-03-06 | 27.92x |
| 2026-03-05 | 28.73x |
| 2026-03-04 | 29.21x |
| 2026-03-03 | 29.23x |
| 2026-03-02 | 29.91x |
| 2026-02-27 | 29.66x |
| 2026-02-26 | 29.45x |
| 2026-02-25 | 29.97x |
| 2026-02-24 | 29.60x |
| 2026-02-23 | 29.61x |
| 2026-02-20 | 28.62x |
| 2026-02-19 | 28.30x |
| 2026-02-18 | 28.32x |
| 2026-02-17 | 28.12x |
| 2026-02-13 | 27.15x |
| 2026-02-12 | 27.37x |
| 2026-02-11 | 28.45x |
| 2026-02-10 | 27.60x |
| 2026-02-09 | 27.50x |
| 2026-02-06 | 28.22x |
| 2026-02-05 | 27.99x |
| 2026-02-04 | 28.61x |
| 2026-02-03 | 29.49x |
| 2026-02-02 | 29.69x |
| 2026-01-30 | 29.21x |
| 2026-01-29 | 29.26x |
| 2026-01-28 | 29.40x |
| 2026-01-27 | 30.05x |
| 2026-01-26 | 30.30x |
| 2026-01-23 | 30.07x |
| 2026-01-22 | 30.36x |
| 2026-01-21 | 30.63x |
| 2026-01-20 | 30.00x |
| 2026-01-16 | 30.33x |
| 2026-01-15 | 30.38x |
| 2026-01-14 | 29.86x |
| 2026-01-13 | 30.14x |
| 2026-01-12 | 29.83x |
| 2026-01-09 | 30.62x |
| 2026-01-08 | 30.42x |
| 2026-01-07 | 30.51x |
| 2026-01-06 | 30.89x |
| 2026-01-05 | 30.26x |
| 2026-01-02 | 30.70x |
| 2025-12-31 | 30.67x |
| 2025-12-30 | 31.02x |
| 2025-12-29 | 31.30x |
| 2025-12-26 | 31.27x |
| 2025-12-24 | 31.06x |
| 2025-12-23 | 31.03x |
| 2025-12-22 | 31.15x |
| 2025-12-19 | 30.82x |
| 2025-12-18 | 30.50x |
| 2025-12-17 | 30.51x |
| 2025-12-16 | 30.69x |
| 2025-12-15 | 29.97x |
| 2025-12-12 | 29.85x |
| 2025-12-11 | 30.29x |
| 2025-12-10 | 30.17x |
| 2025-12-09 | 29.93x |
| 2025-12-08 | 30.32x |
| 2025-12-05 | 31.02x |
| 2025-12-04 | 30.87x |
| 2025-12-03 | 30.19x |
| 2025-12-02 | 30.47x |
| 2025-12-01 | 30.68x |
| 2025-11-28 | 31.20x |
| 2025-11-26 | 31.23x |
| 2025-11-25 | 31.26x |
| 2025-11-24 | 30.47x |
| 2025-11-21 | 30.62x |
| 2025-11-20 | 30.23x |
| 2025-11-19 | 30.96x |
| 2025-11-18 | 30.21x |
| 2025-11-17 | 30.48x |
| 2025-11-14 | 31.06x |
| 2025-11-13 | 30.99x |
| 2025-11-12 | 30.79x |
| 2025-11-11 | 30.63x |
| 2025-11-10 | 30.23x |
| 2025-11-07 | 29.97x |
| 2025-11-06 | 29.61x |
| 2025-11-05 | 30.98x |
| 2025-11-04 | 31.50x |
| 2025-11-03 | 31.07x |
| 2025-10-31 | 30.83x |
| 2025-10-30 | 31.24x |
| 2025-10-29 | 30.92x |
| 2025-10-28 | 30.73x |
| 2025-10-27 | 30.19x |
| 2025-10-24 | 28.32x |
| 2025-10-23 | 28.49x |
| 2025-10-22 | 28.61x |
| 2025-10-21 | 28.29x |
| 2025-10-20 | 28.00x |
| 2025-10-17 | 27.75x |
| 2025-10-16 | 26.96x |
| 2025-10-15 | 27.07x |
| 2025-10-14 | 27.24x |
| 2025-10-13 | 27.08x |
| 2025-10-10 | 27.47x |
| 2025-10-09 | 27.96x |
| 2025-10-08 | 28.18x |
| 2025-10-07 | 28.57x |
| 2025-10-06 | 28.50x |
| 2025-10-03 | 28.71x |
| 2025-10-02 | 28.54x |
| 2025-10-01 | 28.41x |
| 2025-09-30 | 28.98x |
| 2025-09-29 | 28.75x |
| 2025-09-26 | 28.38x |
| 2025-09-25 | 27.99x |
| 2025-09-24 | 27.75x |
| 2025-09-23 | 27.72x |
| 2025-09-22 | 27.39x |
| 2025-09-19 | 27.65x |
| 2025-09-18 | 27.71x |
| 2025-09-17 | 27.97x |
| 2025-09-16 | 27.92x |
| 2025-09-15 | 28.30x |
| 2025-09-12 | 28.90x |
| 2025-09-11 | 29.08x |
| 2025-09-10 | 29.18x |
| 2025-09-09 | 29.78x |
| 2025-09-08 | 29.95x |
| 2025-09-05 | 30.23x |
| 2025-09-04 | 30.24x |
| 2025-09-03 | 30.34x |
| 2025-09-02 | 30.56x |
| 2025-08-29 | 30.39x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
