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 23.59x is 121% above its estimated 5-year average of 10.68x, around the middle of its estimated 5-year range (5.77x–31.35x).
As of 2026-10-02T21:35:33.752Z. 22.76% above its estimated 12-month average of 19.22x.
Calculation as of: 2026-10-02T21:35:33.752Z.
Quote observation: 2026-10-02T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4fd9fbd054840ebd3fbb68ab1ed957cfbfce30d73a678ec59cecf76f5cc1bfd8
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 2026-10-01.
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
23.59x
EV/EBITDA RATIO AVG TTM
19.22x
EV/EBITDA RATIO AVG 3Y
12.54x
EV/EBITDA RATIO AVG 5Y
10.68x
EV/EBITDA RATIO AVG 10Y
8.73x
EV/EBITDA RATIO AVG 15Y
7.27x
EV/EBITDA RATIO AVG 20Y
7.04x
CURRENT VS TTM AVG
+22.76%
CURRENT VS 3Y AVG
+88.16%
CURRENT VS 5Y AVG
+120.94%
CURRENT VS 10Y AVG
+170.09%
CURRENT VS 15Y AVG
+224.34%
CURRENT VS 20Y AVG
+235.07%
SECTOR MEDIAN · TECHNOLOGY
25.94x
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
-9.06%
vs the sector median at left
Market Cap
$44.16B
EV/EBITDA Ratio
33.53x
TTM Avg
47.61x
3Y Avg
30.23x
5Y Avg
24.28x
Market Cap
$44.40B
EV/EBITDA Ratio
39.14x
TTM Avg
36.70x
3Y Avg
52.71x
5Y Avg
57.59x
Market Cap
$44.76B
EV/EBITDA Ratio
18.90x
TTM Avg
27.93x
3Y Avg
37.04x
5Y Avg
43.68x
Market Cap
$40.77B
EV/EBITDA Ratio
72.69x
TTM Avg
112.06x
3Y Avg
266.57x
5Y Avg
266.57x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Flex Ltd. (FLEX) | $43.08B | 23.59x | 19.22x | 12.54x | 10.68x |
| Microchip Technology Incorporated (MCHP)vs › | $44.16B | 33.53x | 47.61x | 30.23x | 24.28x |
| Block, Inc. (XYZ)vs › | $44.24B | 13.50x | 13.29x | 98.74x | 190.78x |
| Veeva Systems Inc. (VEEV)vs › | $44.40B | 39.14x | 36.70x | 52.71x | 57.59x |
| NetApp, Inc. (NTAP)vs › | $44.40B | 21.77x | 15.70x | 15.68x | 14.02x |
| Celestica Inc. (CLS)vs › | $44.53B | 28.77x | 31.11x | 20.29x | 14.32x |
| Twilio Inc. (TWLO)vs › | $44.71B | 89.77x | 67.85x | 76.43x | 76.43x |
| Autodesk, Inc. (ADSK)vs › | $44.76B | 18.90x | 27.93x | 37.04x | 43.68x |
| Credo Technology Group Holding Ltd (CRDO)vs › | $40.77B | 72.69x | 112.06x | 266.57x | 266.57x |
| Everpure, Inc. (P)vs › | $46.58B | 120.86x | 105.82x | 93.14x | 90.64x |
At 23.6, EV/EBITDA is above its estimated 20-year median — higher than 95% 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
2.1
median
7.2
estimated 20-year high
32.5
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 |
|---|---|
| 2026-10-01 | 23.13x |
| 2026-09-30 | 22.60x |
| 2026-09-29 | 23.33x |
| 2026-09-28 | 23.18x |
| 2026-09-25 | 23.50x |
| 2026-09-24 | 23.06x |
| 2026-09-23 | 23.04x |
| 2026-09-22 | 23.45x |
| 2026-09-21 | 22.91x |
| 2026-09-18 | 22.32x |
| 2026-09-17 | 22.41x |
| 2026-09-16 | 22.20x |
| 2026-09-15 | 22.22x |
| 2026-09-14 | 22.28x |
| 2026-09-11 | 23.71x |
| 2026-09-10 | 22.22x |
| 2026-09-09 | 23.11x |
| 2026-09-08 | 23.42x |
| 2026-09-04 | 22.51x |
| 2026-09-03 | 22.20x |
| 2026-09-02 | 21.83x |
| 2026-09-01 | 22.00x |
| 2026-08-31 | 22.46x |
| 2026-08-28 | 22.70x |
| 2026-08-27 | 23.61x |
| 2026-08-26 | 22.95x |
| 2026-08-25 | 22.46x |
| 2026-08-24 | 21.96x |
| 2026-08-21 | 22.69x |
| 2026-08-20 | 22.66x |
| 2026-08-19 | 23.18x |
| 2026-08-18 | 24.56x |
| 2026-08-17 | 26.42x |
| 2026-08-14 | 25.69x |
| 2026-08-13 | 25.33x |
| 2026-08-12 | 25.38x |
| 2026-08-11 | 24.97x |
| 2026-08-10 | 24.45x |
| 2026-08-07 | 24.77x |
| 2026-08-06 | 25.02x |
| 2026-08-05 | 24.87x |
| 2026-08-04 | 25.79x |
| 2026-08-03 | 24.02x |
| 2026-07-31 | 22.29x |
| 2026-07-30 | 21.95x |
| 2026-07-29 | 20.28x |
| 2026-07-28 | 22.20x |
| 2026-07-27 | 22.73x |
| 2026-07-24 | 23.18x |
| 2026-07-23 | 24.95x |
| 2026-07-22 | 24.77x |
| 2026-07-21 | 24.85x |
| 2026-07-20 | 23.45x |
| 2026-07-17 | 23.32x |
| 2026-07-16 | 23.67x |
| 2026-07-15 | 25.10x |
| 2026-07-14 | 25.76x |
| 2026-07-13 | 25.24x |
| 2026-07-10 | 26.42x |
| 2026-07-09 | 27.20x |
| 2026-07-08 | 25.97x |
| 2026-07-07 | 25.62x |
| 2026-07-06 | 26.96x |
| 2026-07-02 | 26.62x |
| 2026-07-01 | 29.75x |
| 2026-06-30 | 31.35x |
| 2026-06-29 | 30.88x |
| 2026-06-26 | 28.47x |
| 2026-06-25 | 31.20x |
| 2026-06-24 | 29.22x |
| 2026-06-23 | 29.43x |
| 2026-06-22 | 30.18x |
| 2026-06-18 | 28.64x |
| 2026-06-17 | 27.80x |
| 2026-06-16 | 28.51x |
| 2026-06-15 | 28.94x |
| 2026-06-12 | 29.03x |
| 2026-06-11 | 29.46x |
| 2026-06-10 | 27.12x |
| 2026-06-09 | 28.56x |
| 2026-06-08 | 29.24x |
| 2026-06-05 | 29.45x |
| 2026-06-04 | 30.87x |
| 2026-06-03 | 31.32x |
| 2026-06-02 | 30.85x |
| 2026-06-01 | 28.71x |
| 2026-05-29 | 29.23x |
| 2026-05-28 | 28.12x |
| 2026-05-27 | 28.30x |
| 2026-05-26 | 27.82x |
| 2026-05-22 | 25.80x |
| 2026-05-21 | 25.54x |
| 2026-05-20 | 27.61x |
| 2026-05-19 | 26.57x |
| 2026-05-18 | 27.26x |
| 2026-05-15 | 28.88x |
| 2026-05-14 | 30.03x |
| 2026-05-13 | 30.07x |
| 2026-05-12 | 29.24x |
| 2026-05-11 | 30.32x |
| 2026-05-08 | 29.74x |
| 2026-05-07 | 27.91x |
| 2026-05-06 | 28.25x |
| 2026-05-05 | 20.61x |
| 2026-05-04 | 19.69x |
| 2026-05-01 | 19.66x |
| 2026-04-30 | 19.63x |
| 2026-04-29 | 19.44x |
| 2026-04-28 | 18.76x |
| 2026-04-27 | 19.34x |
| 2026-04-24 | 19.60x |
| 2026-04-23 | 18.70x |
| 2026-04-22 | 18.41x |
| 2026-04-21 | 18.35x |
| 2026-04-20 | 18.18x |
| 2026-04-17 | 17.69x |
| 2026-04-16 | 17.31x |
| 2026-04-15 | 17.01x |
| 2026-04-14 | 17.35x |
| 2026-04-13 | 16.99x |
| 2026-04-10 | 16.67x |
| 2026-04-09 | 16.33x |
| 2026-04-08 | 15.97x |
| 2026-04-07 | 14.97x |
| 2026-04-06 | 14.87x |
| 2026-04-02 | 15.05x |
| 2026-04-01 | 14.98x |
| 2026-03-31 | 14.42x |
| 2026-03-30 | 13.45x |
| 2026-03-27 | 14.29x |
| 2026-03-26 | 14.28x |
| 2026-03-25 | 15.33x |
| 2026-03-24 | 15.15x |
| 2026-03-23 | 14.34x |
| 2026-03-20 | 13.66x |
| 2026-03-19 | 14.49x |
| 2026-03-18 | 14.02x |
| 2026-03-17 | 14.41x |
| 2026-03-16 | 14.22x |
| 2026-03-13 | 14.02x |
| 2026-03-12 | 13.99x |
| 2026-03-11 | 14.01x |
| 2026-03-10 | 13.51x |
| 2026-03-09 | 13.60x |
| 2026-03-06 | 13.31x |
| 2026-03-05 | 14.03x |
| 2026-03-04 | 14.12x |
| 2026-03-03 | 13.95x |
| 2026-03-02 | 14.43x |
| 2026-02-27 | 13.93x |
| 2026-02-26 | 13.97x |
| 2026-02-25 | 14.46x |
| 2026-02-24 | 14.31x |
| 2026-02-23 | 13.99x |
| 2026-02-20 | 14.47x |
| 2026-02-19 | 14.35x |
| 2026-02-18 | 14.49x |
| 2026-02-17 | 14.21x |
| 2026-02-13 | 14.18x |
| 2026-02-12 | 13.85x |
| 2026-02-11 | 14.30x |
| 2026-02-10 | 14.19x |
| 2026-02-09 | 14.54x |
| 2026-02-06 | 14.43x |
| 2026-02-05 | 13.64x |
| 2026-02-04 | 13.36x |
| 2026-02-03 | 14.85x |
| 2026-02-02 | 14.58x |
| 2026-01-30 | 14.24x |
| 2026-01-29 | 14.74x |
| 2026-01-28 | 14.91x |
| 2026-01-27 | 14.67x |
| 2026-01-26 | 14.39x |
| 2026-01-23 | 14.39x |
| 2026-01-22 | 14.59x |
| 2026-01-21 | 14.98x |
| 2026-01-20 | 14.52x |
| 2026-01-16 | 14.61x |
| 2026-01-15 | 14.98x |
| 2026-01-14 | 14.40x |
| 2026-01-13 | 14.49x |
| 2026-01-12 | 14.05x |
| 2026-01-09 | 13.92x |
| 2026-01-08 | 13.68x |
| 2026-01-07 | 13.89x |
| 2026-01-06 | 14.03x |
| 2026-01-05 | 13.97x |
| 2026-01-02 | 14.37x |
| 2025-12-31 | 13.69x |
| 2025-12-30 | 13.95x |
| 2025-12-29 | 14.14x |
| 2025-12-26 | 14.30x |
| 2025-12-24 | 14.34x |
| 2025-12-23 | 14.38x |
| 2025-12-22 | 14.39x |
| 2025-12-19 | 14.49x |
| 2025-12-18 | 14.24x |
| 2025-12-17 | 14.20x |
| 2025-12-16 | 14.65x |
| 2025-12-15 | 15.23x |
| 2025-12-12 | 15.44x |
| 2025-12-11 | 15.90x |
| 2025-12-10 | 16.12x |
| 2025-12-09 | 15.37x |
| 2025-12-08 | 15.17x |
| 2025-12-05 | 14.11x |
| 2025-12-04 | 13.85x |
| 2025-12-03 | 13.35x |
| 2025-12-02 | 13.07x |
| 2025-12-01 | 12.89x |
| 2025-11-28 | 13.42x |
| 2025-11-26 | 13.27x |
| 2025-11-25 | 13.05x |
| 2025-11-24 | 12.97x |
| 2025-11-21 | 12.63x |
| 2025-11-20 | 12.46x |
| 2025-11-19 | 13.25x |
| 2025-11-18 | 13.10x |
| 2025-11-17 | 13.35x |
| 2025-11-14 | 13.60x |
| 2025-11-13 | 13.51x |
| 2025-11-12 | 14.21x |
| 2025-11-11 | 13.92x |
| 2025-11-10 | 14.36x |
| 2025-11-07 | 14.16x |
| 2025-11-06 | 14.29x |
| 2025-11-05 | 14.70x |
| 2025-11-04 | 13.98x |
| 2025-11-03 | 14.42x |
| 2025-10-31 | 14.34x |
| 2025-10-30 | 14.65x |
| 2025-10-29 | 15.10x |
| 2025-10-28 | 14.71x |
| 2025-10-27 | 14.79x |
| 2025-10-24 | 14.71x |
| 2025-10-23 | 14.63x |
| 2025-10-22 | 14.09x |
| 2025-10-21 | 14.30x |
| 2025-10-20 | 14.39x |
| 2025-10-17 | 14.26x |
| 2025-10-16 | 14.52x |
| 2025-10-15 | 14.57x |
| 2025-10-14 | 13.73x |
| 2025-10-13 | 13.56x |
| 2025-10-10 | 13.09x |
| 2025-10-09 | 13.73x |
| 2025-10-08 | 13.78x |
| 2025-10-07 | 13.23x |
| 2025-10-06 | 13.23x |
| 2025-10-03 | 12.99x |
| 2025-10-02 | 13.41x |
| 2025-10-01 | 13.39x |
| 2025-09-30 | 13.38x |
| 2025-09-29 | 13.29x |
| 2025-09-26 | 13.14x |
| 2025-09-25 | 13.07x |
| 2025-09-24 | 13.30x |
| 2025-09-23 | 13.67x |
| 2025-09-22 | 13.60x |
| 2025-09-19 | 13.52x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
