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 14.08x is 38% above its estimated 5-year average of 10.19x, near the high end of its estimated 5-year range (8.35x–16.42x).
As of 2026-09-16T00:15:46.802Z. 14.83% above its estimated 12-month average of 12.26x.
Calculation as of: 2026-09-16T00:15:46.802Z.
Quote observation: 2026-09-15T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: dd77c7d38ad8ca3442a9dda370f9a94fff0df86d25786eb63b72b33a35270e28
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
14.08x
EV/EBITDA RATIO AVG TTM
12.26x
EV/EBITDA RATIO AVG 3Y
10.06x
EV/EBITDA RATIO AVG 5Y
10.19x
EV/EBITDA RATIO AVG 10Y
9.52x
EV/EBITDA RATIO AVG 15Y
8.46x
EV/EBITDA RATIO AVG 20Y
7.63x
CURRENT VS TTM AVG
+14.83%
CURRENT VS 3Y AVG
+39.92%
CURRENT VS 5Y AVG
+38.19%
CURRENT VS 10Y AVG
+47.95%
CURRENT VS 15Y AVG
+66.35%
CURRENT VS 20Y AVG
+84.47%
SECTOR MEDIAN · INDUSTRIALS
16.54x
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
-14.87%
vs the sector median at left
Honeywell International Inc.
Market Cap
$64.48B
EV/EBITDA Ratio
14.08x
TTM Avg
12.26x
3Y Avg
10.06x
5Y Avg
10.19x
Market Cap
$61.57B
EV/EBITDA Ratio
11.47x
TTM Avg
11.36x
3Y Avg
9.56x
5Y Avg
8.73x
Market Cap
$60.69B
EV/EBITDA Ratio
18.38x
TTM Avg
21.83x
3Y Avg
23.83x
5Y Avg
23.87x
Market Cap
$68.62B
EV/EBITDA Ratio
14.15x
TTM Avg
15.20x
3Y Avg
15.90x
5Y Avg
15.52x
Market Cap
$59.94B
EV/EBITDA Ratio
20.70x
TTM Avg
19.98x
3Y Avg
18.45x
5Y Avg
17.13x
Market Cap
$71.92B
EV/EBITDA Ratio
16.29x
TTM Avg
15.44x
3Y Avg
15.31x
5Y Avg
14.32x
Market Cap
$56.70B
EV/EBITDA Ratio
29.13x
TTM Avg
28.32x
3Y Avg
26.05x
5Y Avg
23.99x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Honeywell International Inc. (HON) | $64.48B | 14.08x | 12.26x | 10.06x | 10.19x |
| PACCAR Inc (PCAR)vs › | $64.46B | 20.98x | 18.27x | 12.78x | 12.04x |
| United Rentals, Inc. (URI)vs › | $61.57B | 11.47x | 11.36x | 9.56x | 8.73x |
| TransDigm Group Incorporated (TDG)vs › | $60.69B | 18.38x | 21.83x | 23.83x | 23.87x |
| Republic Services, Inc. (RSG)vs › | $68.62B | 14.15x | 15.20x | 15.90x | 15.52x |
| W.W. Grainger, Inc. (GWW)vs › | $59.94B | 20.70x | 19.98x | 18.45x | 17.13x |
| Norfolk Southern Corporation (NSC)vs › | $71.92B | 16.29x | 15.44x | 15.31x | 14.32x |
| Fastenal Company (FAST)vs › | $56.70B | 29.13x | 28.32x | 26.05x | 23.99x |
| FedEx Corporation (FDX)vs › | $72.93B | 9.54x | 9.34x | 8.49x | 8.21x |
| Comfort Systems USA, Inc. (FIX)vs › | $55.49B | 26.84x | 31.63x | 22.97x | 19.75x |
At 14.1, EV/EBITDA is above its estimated 20-year median — higher than 98% 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
3.2
median
6.8
estimated 20-year high
16.4
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 | 14.10x |
| 2026-09-10 | 14.09x |
| 2026-09-09 | 14.22x |
| 2026-09-08 | 14.39x |
| 2026-09-04 | 14.46x |
| 2026-09-03 | 14.36x |
| 2026-09-02 | 14.28x |
| 2026-09-01 | 14.48x |
| 2026-08-31 | 14.66x |
| 2026-08-28 | 14.85x |
| 2026-08-27 | 15.00x |
| 2026-08-26 | 15.01x |
| 2026-08-25 | 14.76x |
| 2026-08-24 | 14.72x |
| 2026-08-21 | 14.77x |
| 2026-08-20 | 14.89x |
| 2026-08-19 | 15.07x |
| 2026-08-18 | 15.37x |
| 2026-08-17 | 15.45x |
| 2026-08-14 | 15.68x |
| 2026-08-13 | 15.68x |
| 2026-08-12 | 15.75x |
| 2026-08-11 | 15.49x |
| 2026-08-10 | 16.13x |
| 2026-08-07 | 16.29x |
| 2026-08-06 | 16.02x |
| 2026-08-05 | 16.39x |
| 2026-08-04 | 16.42x |
| 2026-08-03 | 16.32x |
| 2026-07-31 | 16.13x |
| 2026-07-30 | 16.08x |
| 2026-07-29 | 16.04x |
| 2026-07-28 | 16.33x |
| 2026-07-27 | 16.27x |
| 2026-07-24 | 16.14x |
| 2026-07-23 | 15.11x |
| 2026-07-22 | 14.50x |
| 2026-07-21 | 14.35x |
| 2026-07-20 | 14.18x |
| 2026-07-17 | 14.12x |
| 2026-07-16 | 14.18x |
| 2026-07-15 | 14.02x |
| 2026-07-14 | 14.01x |
| 2026-07-13 | 13.99x |
| 2026-07-10 | 14.19x |
| 2026-07-09 | 14.05x |
| 2026-07-08 | 13.91x |
| 2026-07-07 | 14.12x |
| 2026-07-06 | 14.41x |
| 2026-07-02 | 14.35x |
| 2026-07-01 | 13.97x |
| 2026-06-30 | 14.07x |
| 2026-06-29 | 14.25x |
| 2026-06-26 | 14.99x |
| 2026-06-25 | 14.94x |
| 2026-06-24 | 14.75x |
| 2026-06-23 | 14.51x |
| 2026-06-22 | 14.79x |
| 2026-06-18 | 14.83x |
| 2026-06-17 | 14.81x |
| 2026-06-16 | 14.85x |
| 2026-06-15 | 14.75x |
| 2026-06-12 | 14.40x |
| 2026-06-11 | 14.35x |
| 2026-06-10 | 13.70x |
| 2026-06-09 | 14.18x |
| 2026-06-08 | 13.99x |
| 2026-06-05 | 14.09x |
| 2026-06-04 | 14.27x |
| 2026-06-03 | 14.55x |
| 2026-06-02 | 15.14x |
| 2026-06-01 | 15.20x |
| 2026-05-29 | 15.26x |
| 2026-05-28 | 15.03x |
| 2026-05-27 | 14.95x |
| 2026-05-26 | 14.96x |
| 2026-05-22 | 14.78x |
| 2026-05-21 | 14.58x |
| 2026-05-20 | 14.26x |
| 2026-05-19 | 14.25x |
| 2026-05-18 | 14.25x |
| 2026-05-15 | 14.06x |
| 2026-05-14 | 14.28x |
| 2026-05-13 | 14.29x |
| 2026-05-12 | 14.32x |
| 2026-05-11 | 14.35x |
| 2026-05-08 | 14.05x |
| 2026-05-07 | 14.20x |
| 2026-05-06 | 14.24x |
| 2026-05-05 | 13.85x |
| 2026-05-04 | 13.88x |
| 2026-05-01 | 14.02x |
| 2026-04-30 | 14.11x |
| 2026-04-29 | 13.92x |
| 2026-04-28 | 14.04x |
| 2026-04-27 | 14.00x |
| 2026-04-24 | 14.06x |
| 2026-04-23 | 11.61x |
| 2026-04-22 | 11.84x |
| 2026-04-21 | 11.94x |
| 2026-04-20 | 12.25x |
| 2026-04-17 | 12.41x |
| 2026-04-16 | 12.24x |
| 2026-04-15 | 12.36x |
| 2026-04-14 | 12.40x |
| 2026-04-13 | 12.42x |
| 2026-04-10 | 12.48x |
| 2026-04-09 | 12.52x |
| 2026-04-08 | 12.37x |
| 2026-04-07 | 12.01x |
| 2026-04-06 | 12.19x |
| 2026-04-02 | 12.24x |
| 2026-04-01 | 12.19x |
| 2026-03-31 | 12.10x |
| 2026-03-30 | 11.99x |
| 2026-03-27 | 11.98x |
| 2026-03-26 | 12.06x |
| 2026-03-25 | 12.09x |
| 2026-03-24 | 11.91x |
| 2026-03-23 | 11.97x |
| 2026-03-20 | 11.91x |
| 2026-03-19 | 12.22x |
| 2026-03-18 | 12.26x |
| 2026-03-17 | 12.32x |
| 2026-03-16 | 12.45x |
| 2026-03-13 | 12.45x |
| 2026-03-12 | 12.41x |
| 2026-03-11 | 12.66x |
| 2026-03-10 | 12.71x |
| 2026-03-09 | 12.58x |
| 2026-03-06 | 12.49x |
| 2026-03-05 | 12.62x |
| 2026-03-04 | 12.94x |
| 2026-03-03 | 12.85x |
| 2026-03-02 | 13.02x |
| 2026-02-27 | 12.84x |
| 2026-02-26 | 12.72x |
| 2026-02-25 | 12.78x |
| 2026-02-24 | 12.84x |
| 2026-02-23 | 12.81x |
| 2026-02-20 | 12.85x |
| 2026-02-19 | 12.72x |
| 2026-02-18 | 12.73x |
| 2026-02-17 | 11.40x |
| 2026-02-13 | 11.35x |
| 2026-02-12 | 11.30x |
| 2026-02-11 | 11.40x |
| 2026-02-10 | 11.43x |
| 2026-02-09 | 11.30x |
| 2026-02-06 | 11.25x |
| 2026-02-05 | 11.08x |
| 2026-02-04 | 11.14x |
| 2026-02-03 | 10.98x |
| 2026-02-02 | 10.85x |
| 2026-01-30 | 10.85x |
| 2026-01-29 | 10.84x |
| 2026-01-28 | 10.46x |
| 2026-01-27 | 10.61x |
| 2026-01-26 | 10.62x |
| 2026-01-23 | 10.63x |
| 2026-01-22 | 10.67x |
| 2026-01-21 | 10.55x |
| 2026-01-20 | 10.40x |
| 2026-01-16 | 10.56x |
| 2026-01-15 | 10.40x |
| 2026-01-14 | 10.33x |
| 2026-01-13 | 10.23x |
| 2026-01-12 | 10.17x |
| 2026-01-09 | 10.12x |
| 2026-01-08 | 10.05x |
| 2026-01-07 | 9.84x |
| 2026-01-06 | 10.03x |
| 2026-01-05 | 9.89x |
| 2026-01-02 | 9.71x |
| 2025-12-31 | 9.68x |
| 2025-12-30 | 9.72x |
| 2025-12-29 | 9.75x |
| 2025-12-26 | 9.76x |
| 2025-12-24 | 9.74x |
| 2025-12-23 | 9.69x |
| 2025-12-22 | 9.71x |
| 2025-12-19 | 9.82x |
| 2025-12-18 | 9.79x |
| 2025-12-17 | 9.85x |
| 2025-12-16 | 9.79x |
| 2025-12-15 | 9.76x |
| 2025-12-12 | 9.63x |
| 2025-12-11 | 9.63x |
| 2025-12-10 | 9.57x |
| 2025-12-09 | 9.50x |
| 2025-12-08 | 9.56x |
| 2025-12-05 | 9.54x |
| 2025-12-04 | 9.57x |
| 2025-12-03 | 9.62x |
| 2025-12-02 | 9.61x |
| 2025-12-01 | 9.50x |
| 2025-11-28 | 9.57x |
| 2025-11-26 | 9.49x |
| 2025-11-25 | 9.53x |
| 2025-11-24 | 9.44x |
| 2025-11-21 | 9.49x |
| 2025-11-20 | 9.43x |
| 2025-11-19 | 9.51x |
| 2025-11-18 | 9.55x |
| 2025-11-17 | 9.71x |
| 2025-11-14 | 9.82x |
| 2025-11-13 | 9.85x |
| 2025-11-12 | 9.91x |
| 2025-11-11 | 9.87x |
| 2025-11-10 | 9.71x |
| 2025-11-07 | 9.64x |
| 2025-11-06 | 9.71x |
| 2025-11-05 | 9.75x |
| 2025-11-04 | 9.73x |
| 2025-11-03 | 9.77x |
| 2025-10-31 | 9.90x |
| 2025-10-30 | 9.86x |
| 2025-10-29 | 9.88x |
| 2025-10-28 | 9.93x |
| 2025-10-27 | 9.95x |
| 2025-10-24 | 9.99x |
| 2025-10-23 | 10.30x |
| 2025-10-22 | 9.83x |
| 2025-10-21 | 9.91x |
| 2025-10-20 | 9.81x |
| 2025-10-17 | 9.71x |
| 2025-10-16 | 9.72x |
| 2025-10-15 | 9.69x |
| 2025-10-14 | 9.90x |
| 2025-10-13 | 9.71x |
| 2025-10-10 | 9.64x |
| 2025-10-09 | 9.75x |
| 2025-10-08 | 9.94x |
| 2025-10-07 | 9.91x |
| 2025-10-06 | 9.91x |
| 2025-10-03 | 9.91x |
| 2025-10-02 | 9.98x |
| 2025-10-01 | 9.95x |
| 2025-09-30 | 9.96x |
| 2025-09-29 | 9.92x |
| 2025-09-26 | 9.88x |
| 2025-09-25 | 9.87x |
| 2025-09-24 | 9.90x |
| 2025-09-23 | 9.92x |
| 2025-09-22 | 9.91x |
| 2025-09-19 | 9.92x |
| 2025-09-18 | 9.95x |
| 2025-09-17 | 10.00x |
| 2025-09-16 | 9.98x |
| 2025-09-15 | 10.00x |
| 2025-09-12 | 9.99x |
| 2025-09-11 | 10.12x |
| 2025-09-10 | 10.00x |
| 2025-09-09 | 10.09x |
| 2025-09-08 | 10.11x |
| 2025-09-05 | 10.09x |
| 2025-09-04 | 10.12x |
| 2025-09-03 | 10.08x |
| 2025-09-02 | 10.20x |
| 2025-08-29 | 10.26x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
