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 24.72x is 16% above its estimated 5-year average of 21.25x, around the middle of its estimated 5-year range (12.69x–31.61x).
As of 2026-09-12T00:15:34.214Z. 5.90% above its estimated 12-month average of 23.34x.
Calculation as of: 2026-09-12T00:15:34.214Z.
Quote observation: 2026-09-11T20:02:35.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 23d9b24d26348cac0469a14fc882ab083c615dc0c314e3346836bc3b6ff39cff
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/EBIT RATIO
24.72x
EV/EBIT RATIO AVG TTM
23.34x
EV/EBIT RATIO AVG 3Y
23.84x
EV/EBIT RATIO AVG 5Y
21.25x
EV/EBIT RATIO AVG 10Y
19.38x
EV/EBIT RATIO AVG 15Y
17.03x
EV/EBIT RATIO AVG 20Y
15.81x
CURRENT VS TTM AVG
+5.90%
CURRENT VS 3Y AVG
+3.70%
CURRENT VS 5Y AVG
+16.35%
CURRENT VS 10Y AVG
+27.53%
CURRENT VS 15Y AVG
+45.13%
CURRENT VS 20Y AVG
+56.36%
SECTOR MEDIAN · TECHNOLOGY
32.79x
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
-24.61%
vs the sector median at left
Market Cap
$56.47B
EV/EBIT Ratio
34.52x
TTM Avg
21.32x
3Y Avg
13.56x
5Y Avg
12.12x
Market Cap
$57.87B
EV/EBIT Ratio
43.52x
TTM Avg
48.79x
3Y Avg
33.76x
5Y Avg
30.08x
Market Cap
$49.92B
EV/EBIT Ratio
182.14x
TTM Avg
326.81x
3Y Avg
365.49x
5Y Avg
365.49x
Market Cap
$49.48B
EV/EBIT Ratio
55.69x
TTM Avg
122.88x
3Y Avg
67.83x
5Y Avg
50.09x
Market Cap
$59.67B
EV/EBIT Ratio
17.85x
TTM Avg
21.31x
3Y Avg
19.38x
5Y Avg
19.65x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Garmin Ltd. (GRMN) | $54.51B | 24.72x | 23.34x | 23.84x | 21.25x |
| Nebius Group N.V. (NBIS)vs › | $53.89B | N/A | N/A | N/A | N/A |
| United Microelectronics Corporation (UMC)vs › | $56.47B | 34.52x | 21.32x | 13.56x | 12.12x |
| Keysight Technologies, Inc. (KEYS)vs › | $57.87B | 43.52x | 48.79x | 33.76x | 30.08x |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $49.92B | 182.14x | 326.81x | 365.49x | 365.49x |
| Teradyne, Inc. (TER)vs › | $59.37B | 43.27x | 60.80x | 41.46x | 32.25x |
| Ciena Corporation (CIEN)vs › | $49.48B | 55.69x | 122.88x | 67.83x | 50.09x |
| NXP Semiconductors N.V. (NXPI)vs › | $59.67B | 17.85x | 21.31x | 19.38x | 19.65x |
| Coherent, Inc. (COHR)vs › | $59.74B | 73.00x | 71.63x | 81.93x | 75.49x |
| Workday, Inc. (WDAY)vs › | $48.64B | 42.49x | 69.91x | 161.16x | 161.16x |
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 |
|---|---|
| 2026-09-10 | 23.84x |
| 2026-09-09 | 23.84x |
| 2026-09-08 | 24.16x |
| 2026-09-04 | 24.29x |
| 2026-09-03 | 24.30x |
| 2026-09-02 | 24.20x |
| 2026-09-01 | 24.12x |
| 2026-08-31 | 24.93x |
| 2026-08-28 | 25.03x |
| 2026-08-27 | 25.46x |
| 2026-08-26 | 25.38x |
| 2026-08-25 | 25.33x |
| 2026-08-24 | 25.58x |
| 2026-08-21 | 25.91x |
| 2026-08-20 | 25.75x |
| 2026-08-19 | 25.99x |
| 2026-08-18 | 26.15x |
| 2026-08-17 | 27.07x |
| 2026-08-14 | 27.32x |
| 2026-08-13 | 27.47x |
| 2026-08-12 | 27.30x |
| 2026-08-11 | 27.27x |
| 2026-08-10 | 27.59x |
| 2026-08-07 | 27.38x |
| 2026-08-06 | 26.55x |
| 2026-08-05 | 26.62x |
| 2026-08-04 | 27.06x |
| 2026-08-03 | 26.82x |
| 2026-07-31 | 25.82x |
| 2026-07-30 | 26.16x |
| 2026-07-29 | 27.82x |
| 2026-07-28 | 23.79x |
| 2026-07-27 | 22.69x |
| 2026-07-24 | 22.75x |
| 2026-07-23 | 22.46x |
| 2026-07-22 | 22.50x |
| 2026-07-21 | 22.12x |
| 2026-07-20 | 22.92x |
| 2026-07-17 | 23.39x |
| 2026-07-16 | 23.53x |
| 2026-07-15 | 22.62x |
| 2026-07-14 | 22.58x |
| 2026-07-13 | 22.80x |
| 2026-07-10 | 22.75x |
| 2026-07-09 | 22.89x |
| 2026-07-08 | 22.79x |
| 2026-07-07 | 23.30x |
| 2026-07-06 | 22.96x |
| 2026-07-02 | 22.45x |
| 2026-07-01 | 22.22x |
| 2026-06-30 | 22.21x |
| 2026-06-29 | 21.84x |
| 2026-06-26 | 21.71x |
| 2026-06-25 | 22.00x |
| 2026-06-24 | 22.46x |
| 2026-06-23 | 22.10x |
| 2026-06-22 | 22.09x |
| 2026-06-18 | 21.88x |
| 2026-06-17 | 21.65x |
| 2026-06-16 | 21.95x |
| 2026-06-15 | 22.27x |
| 2026-06-12 | 22.26x |
| 2026-06-11 | 22.31x |
| 2026-06-10 | 21.64x |
| 2026-06-09 | 22.24x |
| 2026-06-08 | 21.98x |
| 2026-06-05 | 22.11x |
| 2026-06-04 | 22.64x |
| 2026-06-03 | 22.25x |
| 2026-06-02 | 22.55x |
| 2026-06-01 | 22.13x |
| 2026-05-29 | 21.85x |
| 2026-05-28 | 22.09x |
| 2026-05-27 | 22.25x |
| 2026-05-26 | 22.30x |
| 2026-05-22 | 22.52x |
| 2026-05-21 | 22.43x |
| 2026-05-20 | 22.20x |
| 2026-05-19 | 21.34x |
| 2026-05-18 | 21.16x |
| 2026-05-15 | 21.05x |
| 2026-05-14 | 21.90x |
| 2026-05-13 | 21.67x |
| 2026-05-12 | 22.15x |
| 2026-05-11 | 22.68x |
| 2026-05-08 | 22.46x |
| 2026-05-07 | 22.63x |
| 2026-05-06 | 22.72x |
| 2026-05-05 | 21.92x |
| 2026-05-04 | 22.31x |
| 2026-05-01 | 22.69x |
| 2026-04-30 | 23.54x |
| 2026-04-29 | 25.03x |
| 2026-04-28 | 24.49x |
| 2026-04-27 | 25.47x |
| 2026-04-24 | 25.68x |
| 2026-04-23 | 25.83x |
| 2026-04-22 | 26.43x |
| 2026-04-21 | 26.31x |
| 2026-04-20 | 26.52x |
| 2026-04-17 | 26.51x |
| 2026-04-16 | 26.20x |
| 2026-04-15 | 26.35x |
| 2026-04-14 | 26.21x |
| 2026-04-13 | 25.91x |
| 2026-04-10 | 25.42x |
| 2026-04-09 | 25.39x |
| 2026-04-08 | 25.00x |
| 2026-04-07 | 23.81x |
| 2026-04-06 | 23.97x |
| 2026-04-02 | 23.44x |
| 2026-04-01 | 23.43x |
| 2026-03-31 | 22.85x |
| 2026-03-30 | 22.23x |
| 2026-03-27 | 22.66x |
| 2026-03-26 | 23.27x |
| 2026-03-25 | 24.17x |
| 2026-03-24 | 23.79x |
| 2026-03-23 | 23.55x |
| 2026-03-20 | 22.89x |
| 2026-03-19 | 23.17x |
| 2026-03-18 | 22.81x |
| 2026-03-17 | 23.17x |
| 2026-03-16 | 23.15x |
| 2026-03-13 | 23.01x |
| 2026-03-12 | 23.25x |
| 2026-03-11 | 23.28x |
| 2026-03-10 | 23.82x |
| 2026-03-09 | 23.95x |
| 2026-03-06 | 24.04x |
| 2026-03-05 | 23.70x |
| 2026-03-04 | 24.83x |
| 2026-03-03 | 24.78x |
| 2026-03-02 | 25.24x |
| 2026-02-27 | 25.00x |
| 2026-02-26 | 25.14x |
| 2026-02-25 | 24.92x |
| 2026-02-24 | 24.87x |
| 2026-02-23 | 24.41x |
| 2026-02-20 | 24.60x |
| 2026-02-19 | 23.66x |
| 2026-02-18 | 24.77x |
| 2026-02-17 | 22.54x |
| 2026-02-13 | 22.30x |
| 2026-02-12 | 21.04x |
| 2026-02-11 | 21.41x |
| 2026-02-10 | 21.61x |
| 2026-02-09 | 21.35x |
| 2026-02-06 | 20.95x |
| 2026-02-05 | 20.55x |
| 2026-02-04 | 21.26x |
| 2026-02-03 | 20.82x |
| 2026-02-02 | 21.44x |
| 2026-01-30 | 20.87x |
| 2026-01-29 | 21.20x |
| 2026-01-28 | 21.18x |
| 2026-01-27 | 21.21x |
| 2026-01-26 | 21.44x |
| 2026-01-23 | 21.36x |
| 2026-01-22 | 21.36x |
| 2026-01-21 | 21.19x |
| 2026-01-20 | 20.77x |
| 2026-01-16 | 21.98x |
| 2026-01-15 | 22.06x |
| 2026-01-14 | 21.95x |
| 2026-01-13 | 22.21x |
| 2026-01-12 | 21.94x |
| 2026-01-09 | 22.02x |
| 2026-01-08 | 22.16x |
| 2026-01-07 | 21.85x |
| 2026-01-06 | 21.71x |
| 2026-01-05 | 21.10x |
| 2026-01-02 | 20.96x |
| 2025-12-31 | 21.00x |
| 2025-12-30 | 21.25x |
| 2025-12-29 | 21.30x |
| 2025-12-26 | 21.29x |
| 2025-12-24 | 21.24x |
| 2025-12-23 | 21.04x |
| 2025-12-22 | 21.32x |
| 2025-12-19 | 20.87x |
| 2025-12-18 | 20.93x |
| 2025-12-17 | 20.85x |
| 2025-12-16 | 21.46x |
| 2025-12-15 | 21.48x |
| 2025-12-12 | 21.60x |
| 2025-12-11 | 21.87x |
| 2025-12-10 | 21.81x |
| 2025-12-09 | 20.94x |
| 2025-12-08 | 20.83x |
| 2025-12-05 | 21.08x |
| 2025-12-04 | 20.92x |
| 2025-12-03 | 20.63x |
| 2025-12-02 | 20.38x |
| 2025-12-01 | 20.35x |
| 2025-11-28 | 20.18x |
| 2025-11-26 | 20.12x |
| 2025-11-25 | 19.92x |
| 2025-11-24 | 19.86x |
| 2025-11-21 | 19.85x |
| 2025-11-20 | 19.29x |
| 2025-11-19 | 19.56x |
| 2025-11-18 | 19.59x |
| 2025-11-17 | 19.58x |
| 2025-11-14 | 20.05x |
| 2025-11-13 | 20.15x |
| 2025-11-12 | 20.54x |
| 2025-11-11 | 20.65x |
| 2025-11-10 | 20.99x |
| 2025-11-07 | 20.82x |
| 2025-11-06 | 21.12x |
| 2025-11-05 | 21.29x |
| 2025-11-04 | 21.28x |
| 2025-11-03 | 21.84x |
| 2025-10-31 | 22.21x |
| 2025-10-30 | 22.32x |
| 2025-10-29 | 23.06x |
| 2025-10-28 | 26.19x |
| 2025-10-27 | 26.56x |
| 2025-10-24 | 26.45x |
| 2025-10-23 | 26.42x |
| 2025-10-22 | 26.13x |
| 2025-10-21 | 26.55x |
| 2025-10-20 | 26.31x |
| 2025-10-17 | 26.29x |
| 2025-10-16 | 26.04x |
| 2025-10-15 | 26.34x |
| 2025-10-14 | 26.33x |
| 2025-10-13 | 26.55x |
| 2025-10-10 | 26.18x |
| 2025-10-09 | 27.12x |
| 2025-10-08 | 27.48x |
| 2025-10-07 | 27.10x |
| 2025-10-06 | 27.24x |
| 2025-10-03 | 27.18x |
| 2025-10-02 | 27.25x |
| 2025-10-01 | 26.97x |
| 2025-09-30 | 25.99x |
| 2025-09-29 | 25.91x |
| 2025-09-26 | 25.35x |
| 2025-09-25 | 24.94x |
| 2025-09-24 | 24.91x |
| 2025-09-23 | 25.01x |
| 2025-09-22 | 24.90x |
| 2025-09-19 | 24.76x |
| 2025-09-18 | 25.00x |
| 2025-09-17 | 24.66x |
| 2025-09-16 | 24.93x |
| 2025-09-15 | 24.84x |
| 2025-09-12 | 25.09x |
| 2025-09-11 | 25.43x |
| 2025-09-10 | 24.86x |
| 2025-09-09 | 25.14x |
| 2025-09-08 | 25.25x |
| 2025-09-05 | 25.01x |
| 2025-09-04 | 25.04x |
| 2025-09-03 | 24.96x |
| 2025-09-02 | 24.67x |
| 2025-08-29 | 25.50x |
| 2025-08-28 | 25.42x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.