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 20.86x is 22% above its estimated 5-year average of 17.13x, near the high end of its estimated 5-year range (12.90x–23.87x).
As of 2026-09-25T00:15:43.965Z. 4.38% above its estimated 12-month average of 19.98x.
Calculation as of: 2026-09-25T00:15:43.965Z.
Quote observation: 2026-09-24T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: db085ae171ea1a9ec399c196dabb523c1c06435bf925426e87db92b276cd7ba0
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/EBITDA RATIO
20.86x
EV/EBITDA RATIO AVG TTM
19.98x
EV/EBITDA RATIO AVG 3Y
18.45x
EV/EBITDA RATIO AVG 5Y
17.13x
EV/EBITDA RATIO AVG 10Y
15.45x
EV/EBITDA RATIO AVG 15Y
14.11x
EV/EBITDA RATIO AVG 20Y
12.71x
CURRENT VS TTM AVG
+4.38%
CURRENT VS 3Y AVG
+13.03%
CURRENT VS 5Y AVG
+21.75%
CURRENT VS 10Y AVG
+34.99%
CURRENT VS 15Y AVG
+47.83%
CURRENT VS 20Y AVG
+64.08%
SECTOR MEDIAN · INDUSTRIALS
16.50x
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
+26.42%
vs the sector median at left
W.W. Grainger, Inc.
Market Cap
$60.41B
EV/EBITDA Ratio
20.86x
TTM Avg
19.98x
3Y Avg
18.45x
5Y Avg
17.13x
Market Cap
$61.82B
EV/EBITDA Ratio
18.61x
TTM Avg
21.83x
3Y Avg
23.83x
5Y Avg
23.87x
Market Cap
$58.21B
EV/EBITDA Ratio
29.90x
TTM Avg
28.32x
3Y Avg
26.05x
5Y Avg
23.99x
Market Cap
$57.84B
EV/EBITDA Ratio
28.01x
TTM Avg
31.63x
3Y Avg
22.97x
5Y Avg
19.75x
Market Cap
$63.59B
EV/EBITDA Ratio
11.77x
TTM Avg
11.36x
3Y Avg
9.56x
5Y Avg
8.73x
Market Cap
$65.45B
EV/EBITDA Ratio
13.61x
TTM Avg
15.20x
3Y Avg
15.90x
5Y Avg
15.52x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| W.W. Grainger, Inc. (GWW) | $60.41B | 20.86x | 19.98x | 18.45x | 17.13x |
| TransDigm Group Incorporated (TDG)vs › | $61.82B | 18.61x | 21.83x | 23.83x | 23.87x |
| PACCAR Inc (PCAR)vs › | $58.25B | 19.21x | 18.27x | 12.78x | 12.04x |
| Fastenal Company (FAST)vs › | $58.21B | 29.90x | 28.32x | 26.05x | 23.99x |
| Comfort Systems USA, Inc. (FIX)vs › | $57.84B | 28.01x | 31.63x | 22.97x | 19.75x |
| United Rentals, Inc. (URI)vs › | $63.59B | 11.77x | 11.36x | 9.56x | 8.73x |
| AMETEK, Inc. (AME)vs › | $56.78B | 23.68x | 23.02x | 21.13x | 20.62x |
| Republic Services, Inc. (RSG)vs › | $65.45B | 13.61x | 15.20x | 15.90x | 15.52x |
| FedEx Corporation (FDX)vs › | $66.13B | 8.91x | 9.34x | 8.49x | 8.21x |
| Delta Air Lines, Inc. (DAL)vs › | $54.42B | 8.06x | 6.97x | 6.58x | 8.34x |
At 20.9, EV/EBITDA is above its estimated 20-year median — higher than 97% 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
5.1
median
11.9
estimated 20-year high
23.9
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 |
|---|---|
| 2026-09-11 | 20.90x |
| 2026-09-10 | 20.77x |
| 2026-09-09 | 20.88x |
| 2026-09-08 | 21.05x |
| 2026-09-04 | 21.60x |
| 2026-09-03 | 21.42x |
| 2026-09-02 | 20.98x |
| 2026-09-01 | 21.36x |
| 2026-08-31 | 21.37x |
| 2026-08-28 | 21.32x |
| 2026-08-27 | 21.55x |
| 2026-08-26 | 21.78x |
| 2026-08-25 | 21.24x |
| 2026-08-24 | 21.56x |
| 2026-08-21 | 21.41x |
| 2026-08-20 | 21.22x |
| 2026-08-19 | 21.33x |
| 2026-08-18 | 21.44x |
| 2026-08-17 | 21.50x |
| 2026-08-14 | 21.58x |
| 2026-08-13 | 21.56x |
| 2026-08-12 | 21.30x |
| 2026-08-11 | 21.25x |
| 2026-08-10 | 21.18x |
| 2026-08-07 | 20.86x |
| 2026-08-06 | 20.94x |
| 2026-08-05 | 20.98x |
| 2026-08-04 | 22.20x |
| 2026-08-03 | 23.37x |
| 2026-07-31 | 23.55x |
| 2026-07-30 | 23.11x |
| 2026-07-29 | 23.16x |
| 2026-07-28 | 23.82x |
| 2026-07-27 | 23.82x |
| 2026-07-24 | 23.55x |
| 2026-07-23 | 23.30x |
| 2026-07-22 | 23.08x |
| 2026-07-21 | 23.21x |
| 2026-07-20 | 23.37x |
| 2026-07-17 | 23.76x |
| 2026-07-16 | 23.87x |
| 2026-07-15 | 23.37x |
| 2026-07-14 | 23.36x |
| 2026-07-13 | 23.70x |
| 2026-07-10 | 23.44x |
| 2026-07-09 | 23.26x |
| 2026-07-08 | 23.01x |
| 2026-07-07 | 23.12x |
| 2026-07-06 | 23.35x |
| 2026-07-02 | 22.90x |
| 2026-07-01 | 22.82x |
| 2026-06-30 | 23.19x |
| 2026-06-29 | 23.07x |
| 2026-06-26 | 23.07x |
| 2026-06-25 | 23.42x |
| 2026-06-24 | 22.89x |
| 2026-06-23 | 22.53x |
| 2026-06-22 | 22.87x |
| 2026-06-18 | 23.27x |
| 2026-06-17 | 22.37x |
| 2026-06-16 | 22.52x |
| 2026-06-15 | 22.42x |
| 2026-06-12 | 22.45x |
| 2026-06-11 | 22.42x |
| 2026-06-10 | 22.48x |
| 2026-06-09 | 22.68x |
| 2026-06-08 | 22.26x |
| 2026-06-05 | 22.19x |
| 2026-06-04 | 22.01x |
| 2026-06-03 | 21.93x |
| 2026-06-02 | 21.67x |
| 2026-06-01 | 21.25x |
| 2026-05-29 | 21.10x |
| 2026-05-28 | 21.32x |
| 2026-05-27 | 21.30x |
| 2026-05-26 | 21.35x |
| 2026-05-22 | 21.33x |
| 2026-05-21 | 21.19x |
| 2026-05-20 | 21.27x |
| 2026-05-19 | 21.27x |
| 2026-05-18 | 21.61x |
| 2026-05-15 | 21.73x |
| 2026-05-14 | 21.93x |
| 2026-05-13 | 21.41x |
| 2026-05-12 | 21.17x |
| 2026-05-11 | 20.97x |
| 2026-05-08 | 21.10x |
| 2026-05-07 | 22.31x |
| 2026-05-06 | 21.19x |
| 2026-05-05 | 20.59x |
| 2026-05-04 | 20.71x |
| 2026-05-01 | 20.83x |
| 2026-04-30 | 21.05x |
| 2026-04-29 | 20.76x |
| 2026-04-28 | 21.03x |
| 2026-04-27 | 20.99x |
| 2026-04-24 | 20.82x |
| 2026-04-23 | 21.11x |
| 2026-04-22 | 20.92x |
| 2026-04-21 | 21.21x |
| 2026-04-20 | 21.08x |
| 2026-04-17 | 21.07x |
| 2026-04-16 | 20.57x |
| 2026-04-15 | 20.74x |
| 2026-04-14 | 20.94x |
| 2026-04-13 | 21.05x |
| 2026-04-10 | 21.23x |
| 2026-04-09 | 21.24x |
| 2026-04-08 | 20.79x |
| 2026-04-07 | 20.13x |
| 2026-04-06 | 20.28x |
| 2026-04-02 | 20.29x |
| 2026-04-01 | 20.12x |
| 2026-03-31 | 19.83x |
| 2026-03-30 | 19.24x |
| 2026-03-27 | 19.24x |
| 2026-03-26 | 19.39x |
| 2026-03-25 | 19.57x |
| 2026-03-24 | 19.39x |
| 2026-03-23 | 19.20x |
| 2026-03-20 | 18.98x |
| 2026-03-19 | 19.00x |
| 2026-03-18 | 19.05x |
| 2026-03-17 | 19.39x |
| 2026-03-16 | 19.30x |
| 2026-03-13 | 19.53x |
| 2026-03-12 | 19.68x |
| 2026-03-11 | 20.17x |
| 2026-03-10 | 20.10x |
| 2026-03-09 | 20.25x |
| 2026-03-06 | 20.21x |
| 2026-03-05 | 20.78x |
| 2026-03-04 | 20.82x |
| 2026-03-03 | 20.87x |
| 2026-03-02 | 20.89x |
| 2026-02-27 | 20.76x |
| 2026-02-26 | 20.08x |
| 2026-02-25 | 20.28x |
| 2026-02-24 | 20.45x |
| 2026-02-23 | 20.27x |
| 2026-02-20 | 20.45x |
| 2026-02-19 | 20.55x |
| 2026-02-18 | 20.66x |
| 2026-02-17 | 20.63x |
| 2026-02-13 | 20.61x |
| 2026-02-12 | 20.35x |
| 2026-02-11 | 21.86x |
| 2026-02-10 | 21.61x |
| 2026-02-09 | 21.64x |
| 2026-02-06 | 21.77x |
| 2026-02-05 | 21.52x |
| 2026-02-04 | 21.73x |
| 2026-02-03 | 21.03x |
| 2026-02-02 | 20.00x |
| 2026-01-30 | 19.71x |
| 2026-01-29 | 19.75x |
| 2026-01-28 | 19.54x |
| 2026-01-27 | 19.32x |
| 2026-01-26 | 19.19x |
| 2026-01-23 | 19.33x |
| 2026-01-22 | 19.48x |
| 2026-01-21 | 19.34x |
| 2026-01-20 | 18.91x |
| 2026-01-16 | 19.52x |
| 2026-01-15 | 19.42x |
| 2026-01-14 | 19.24x |
| 2026-01-13 | 19.05x |
| 2026-01-12 | 18.88x |
| 2026-01-09 | 18.83x |
| 2026-01-08 | 18.90x |
| 2026-01-07 | 18.39x |
| 2026-01-06 | 18.82x |
| 2026-01-05 | 18.58x |
| 2026-01-02 | 18.38x |
| 2025-12-31 | 18.47x |
| 2025-12-30 | 18.68x |
| 2025-12-29 | 18.77x |
| 2025-12-26 | 18.74x |
| 2025-12-24 | 18.85x |
| 2025-12-23 | 18.73x |
| 2025-12-22 | 18.92x |
| 2025-12-19 | 18.75x |
| 2025-12-18 | 18.65x |
| 2025-12-17 | 18.66x |
| 2025-12-16 | 18.70x |
| 2025-12-15 | 18.83x |
| 2025-12-12 | 18.71x |
| 2025-12-11 | 18.88x |
| 2025-12-10 | 18.23x |
| 2025-12-09 | 17.59x |
| 2025-12-08 | 17.60x |
| 2025-12-05 | 17.88x |
| 2025-12-04 | 17.77x |
| 2025-12-03 | 17.81x |
| 2025-12-02 | 17.63x |
| 2025-12-01 | 17.35x |
| 2025-11-28 | 17.41x |
| 2025-11-26 | 17.35x |
| 2025-11-25 | 17.29x |
| 2025-11-24 | 17.09x |
| 2025-11-21 | 17.47x |
| 2025-11-20 | 17.00x |
| 2025-11-19 | 16.96x |
| 2025-11-18 | 16.88x |
| 2025-11-17 | 16.97x |
| 2025-11-14 | 17.02x |
| 2025-11-13 | 17.17x |
| 2025-11-12 | 17.35x |
| 2025-11-11 | 17.36x |
| 2025-11-10 | 17.44x |
| 2025-11-07 | 17.52x |
| 2025-11-06 | 17.48x |
| 2025-11-05 | 17.65x |
| 2025-11-04 | 17.54x |
| 2025-11-03 | 17.72x |
| 2025-10-31 | 16.92x |
| 2025-10-30 | 16.54x |
| 2025-10-29 | 16.59x |
| 2025-10-28 | 16.66x |
| 2025-10-27 | 16.91x |
| 2025-10-24 | 16.74x |
| 2025-10-23 | 16.67x |
| 2025-10-22 | 16.74x |
| 2025-10-21 | 16.80x |
| 2025-10-20 | 16.79x |
| 2025-10-17 | 16.52x |
| 2025-10-16 | 16.52x |
| 2025-10-15 | 16.57x |
| 2025-10-14 | 16.60x |
| 2025-10-13 | 16.20x |
| 2025-10-10 | 16.40x |
| 2025-10-09 | 16.75x |
| 2025-10-08 | 16.72x |
| 2025-10-07 | 16.59x |
| 2025-10-06 | 16.59x |
| 2025-10-03 | 16.55x |
| 2025-10-02 | 16.50x |
| 2025-10-01 | 16.34x |
| 2025-09-30 | 16.49x |
| 2025-09-29 | 16.41x |
| 2025-09-26 | 16.60x |
| 2025-09-25 | 16.47x |
| 2025-09-24 | 16.49x |
| 2025-09-23 | 16.87x |
| 2025-09-22 | 16.92x |
| 2025-09-19 | 17.06x |
| 2025-09-18 | 17.35x |
| 2025-09-17 | 17.23x |
| 2025-09-16 | 17.16x |
| 2025-09-15 | 17.48x |
| 2025-09-12 | 17.33x |
| 2025-09-11 | 17.51x |
| 2025-09-10 | 17.17x |
| 2025-09-09 | 17.18x |
| 2025-09-08 | 17.23x |
| 2025-09-05 | 17.16x |
| 2025-09-04 | 17.73x |
| 2025-09-03 | 17.58x |
| 2025-09-02 | 17.55x |
| 2025-08-29 | 17.49x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
