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 10.60x is 31% below its estimated 5-year average of 15.31x, near the low end of its estimated 5-year range (6.81x–52.22x).
As of 2026-10-03T00:15:33.523Z. 0.64% below its estimated 12-month average of 10.67x.
Calculation as of: 2026-10-03T00:15:33.523Z.
Quote observation: 2026-10-02T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 6f529dc2cb74a1dc48041e92b2e334a1e17b832483c02f9af0c0f071c3b429b6
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 2026-10-02.
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
10.60x
EV/EBITDA RATIO AVG TTM
10.67x
EV/EBITDA RATIO AVG 3Y
13.40x
EV/EBITDA RATIO AVG 5Y
15.31x
EV/EBITDA RATIO AVG 10Y
16.62x
EV/EBITDA RATIO AVG 15Y
15.66x
EV/EBITDA RATIO AVG 20Y
14.70x
CURRENT VS TTM AVG
-0.64%
CURRENT VS 3Y AVG
-20.88%
CURRENT VS 5Y AVG
-30.77%
CURRENT VS 10Y AVG
-36.22%
CURRENT VS 15Y AVG
-32.33%
CURRENT VS 20Y AVG
-27.88%
SECTOR MEDIAN · HEALTHCARE
15.56x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
-31.88%
vs the sector median at left
ICON Public Limited Company
Market Cap
$12.41B
EV/EBITDA Ratio
10.60x
TTM Avg
10.67x
3Y Avg
13.40x
5Y Avg
15.31x
Market Cap
$12.51B
EV/EBITDA Ratio
61.21x
TTM Avg
62.37x
3Y Avg
203.13x
5Y Avg
254.87x
Market Cap
$12.14B
EV/EBITDA Ratio
28.96x
TTM Avg
24.33x
3Y Avg
21.37x
5Y Avg
20.66x
Market Cap
$11.88B
EV/EBITDA Ratio
9.99x
TTM Avg
10.03x
3Y Avg
8.90x
5Y Avg
8.81x
Market Cap
$11.34B
EV/EBITDA Ratio
32.53x
TTM Avg
41.21x
3Y Avg
35.83x
5Y Avg
37.47x
Market Cap
$11.10B
EV/EBITDA Ratio
14.53x
TTM Avg
16.31x
3Y Avg
19.02x
5Y Avg
21.11x
Market Cap
$13.98B
EV/EBITDA Ratio
21.24x
TTM Avg
17.97x
3Y Avg
16.46x
5Y Avg
17.00x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ICON Public Limited Company (ICLR) | $12.41B | 10.60x | 10.67x | 13.40x | 15.31x |
| Penumbra, Inc. (PEN)vs › | $12.51B | 61.21x | 62.37x | 203.13x | 254.87x |
| Baxter International Inc. (BAX)vs › | $12.14B | 28.96x | 24.33x | 21.37x | 20.66x |
| Encompass Health Corporation (EHC)vs › | $11.88B | 9.99x | 10.03x | 8.90x | 8.81x |
| DaVita Inc. (DVA)vs › | $11.47B | 7.66x | 8.94x | 9.05x | 9.13x |
| Tempus AI, Inc. (TEM)vs › | $13.43B | N/A | N/A | N/A | N/A |
| Bio-Techne Corporation (TECH)vs › | $11.34B | 32.53x | 41.21x | 35.83x | 37.47x |
| The Cooper Companies, Inc. (COO)vs › | $11.10B | 14.53x | 16.31x | 19.02x | 21.11x |
| Charles River Laboratories International, Inc. (CRL)vs › | $13.98B | 21.24x | 17.97x | 16.46x | 17.00x |
| Universal Health Services, Inc. (UHS)vs › | $10.64B | 5.84x | 6.59x | 8.00x | 8.11x |
At 10.6, EV/EBITDA is below its estimated 20-year median — higher than 18% 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
5.0
median
15.3
estimated 20-year high
52.2
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 |
|---|---|
| 2026-10-02 | 10.69x |
| 2026-10-01 | 10.68x |
| 2026-09-30 | 11.12x |
| 2026-09-29 | 11.14x |
| 2026-09-28 | 11.43x |
| 2026-09-25 | 11.25x |
| 2026-09-24 | 11.34x |
| 2026-09-23 | 10.79x |
| 2026-09-22 | 10.96x |
| 2026-09-21 | 11.10x |
| 2026-09-18 | 10.80x |
| 2026-09-17 | 11.11x |
| 2026-09-16 | 11.34x |
| 2026-09-15 | 11.26x |
| 2026-09-14 | 11.06x |
| 2026-09-11 | 11.09x |
| 2026-09-10 | 10.89x |
| 2026-09-09 | 10.55x |
| 2026-09-08 | 10.48x |
| 2026-09-04 | 10.84x |
| 2026-09-03 | 10.77x |
| 2026-09-02 | 10.57x |
| 2026-09-01 | 10.65x |
| 2026-08-31 | 10.85x |
| 2026-08-28 | 11.12x |
| 2026-08-27 | 11.11x |
| 2026-08-26 | 11.06x |
| 2026-08-25 | 11.06x |
| 2026-08-24 | 11.31x |
| 2026-08-21 | 11.24x |
| 2026-08-20 | 11.36x |
| 2026-08-19 | 11.26x |
| 2026-08-18 | 10.96x |
| 2026-08-17 | 11.09x |
| 2026-08-14 | 10.75x |
| 2026-08-13 | 10.98x |
| 2026-08-12 | 10.97x |
| 2026-08-11 | 10.88x |
| 2026-08-10 | 10.91x |
| 2026-08-07 | 10.82x |
| 2026-08-06 | 10.64x |
| 2026-08-05 | 10.77x |
| 2026-08-04 | 10.40x |
| 2026-08-03 | 10.49x |
| 2026-07-31 | 10.77x |
| 2026-07-30 | 10.89x |
| 2026-07-29 | 11.58x |
| 2026-07-28 | 11.69x |
| 2026-07-27 | 11.07x |
| 2026-07-24 | 10.90x |
| 2026-07-23 | 11.15x |
| 2026-07-22 | 10.99x |
| 2026-07-21 | 10.95x |
| 2026-07-20 | 10.93x |
| 2026-07-17 | 11.13x |
| 2026-07-16 | 11.13x |
| 2026-07-15 | 11.25x |
| 2026-07-14 | 11.02x |
| 2026-07-13 | 10.92x |
| 2026-07-10 | 11.01x |
| 2026-07-09 | 11.07x |
| 2026-07-08 | 10.89x |
| 2026-07-07 | 11.06x |
| 2026-07-06 | 11.18x |
| 2026-07-02 | 11.30x |
| 2026-07-01 | 11.41x |
| 2026-06-30 | 11.33x |
| 2026-06-29 | 11.29x |
| 2026-06-26 | 11.13x |
| 2026-06-25 | 10.64x |
| 2026-06-24 | 10.49x |
| 2026-06-23 | 9.59x |
| 2026-06-22 | 9.49x |
| 2026-06-18 | 9.77x |
| 2026-06-17 | 9.62x |
| 2026-06-16 | 9.64x |
| 2026-06-15 | 9.86x |
| 2026-06-12 | 9.78x |
| 2026-06-11 | 9.98x |
| 2026-06-10 | 9.70x |
| 2026-06-09 | 10.08x |
| 2026-06-08 | 10.10x |
| 2026-06-05 | 9.96x |
| 2026-06-04 | 10.13x |
| 2026-06-03 | 9.66x |
| 2026-06-02 | 9.32x |
| 2026-06-01 | 9.34x |
| 2026-05-29 | 9.24x |
| 2026-05-28 | 9.28x |
| 2026-05-27 | 8.99x |
| 2026-05-26 | 8.73x |
| 2026-05-22 | 8.90x |
| 2026-05-21 | 8.89x |
| 2026-05-20 | 8.80x |
| 2026-05-19 | 8.71x |
| 2026-05-18 | 8.73x |
| 2026-05-15 | 8.87x |
| 2026-05-14 | 8.92x |
| 2026-05-13 | 8.93x |
| 2026-05-12 | 9.19x |
| 2026-05-11 | 9.02x |
| 2026-05-08 | 9.34x |
| 2026-05-07 | 9.36x |
| 2026-05-06 | 9.32x |
| 2026-05-05 | 9.16x |
| 2026-05-04 | 8.62x |
| 2026-05-01 | 8.67x |
| 2026-04-30 | 8.99x |
| 2026-04-29 | 8.86x |
| 2026-04-28 | 8.09x |
| 2026-04-27 | 8.13x |
| 2026-04-24 | 8.07x |
| 2026-04-23 | 8.30x |
| 2026-04-22 | 8.82x |
| 2026-04-21 | 8.81x |
| 2026-04-20 | 8.92x |
| 2026-04-17 | 9.06x |
| 2026-04-16 | 8.83x |
| 2026-04-15 | 8.88x |
| 2026-04-14 | 8.69x |
| 2026-04-13 | 8.53x |
| 2026-04-10 | 8.33x |
| 2026-04-09 | 8.32x |
| 2026-04-08 | 8.32x |
| 2026-04-07 | 8.35x |
| 2026-04-06 | 8.49x |
| 2026-04-02 | 8.75x |
| 2026-04-01 | 8.59x |
| 2026-03-31 | 8.55x |
| 2026-03-30 | 8.23x |
| 2026-03-27 | 8.06x |
| 2026-03-26 | 8.12x |
| 2026-03-25 | 7.94x |
| 2026-03-24 | 8.02x |
| 2026-03-23 | 7.96x |
| 2026-03-20 | 7.93x |
| 2026-03-19 | 7.83x |
| 2026-03-18 | 7.78x |
| 2026-03-17 | 7.97x |
| 2026-03-16 | 7.81x |
| 2026-03-13 | 7.85x |
| 2026-03-12 | 7.80x |
| 2026-03-11 | 8.25x |
| 2026-03-10 | 8.32x |
| 2026-03-09 | 8.51x |
| 2026-03-06 | 8.35x |
| 2026-03-05 | 8.55x |
| 2026-03-04 | 8.52x |
| 2026-03-03 | 8.44x |
| 2026-03-02 | 8.41x |
| 2026-02-27 | 8.41x |
| 2026-02-26 | 8.29x |
| 2026-02-25 | 8.00x |
| 2026-02-24 | 8.18x |
| 2026-02-23 | 8.21x |
| 2026-02-20 | 7.93x |
| 2026-02-19 | 7.85x |
| 2026-02-18 | 7.74x |
| 2026-02-17 | 7.30x |
| 2026-02-13 | 7.55x |
| 2026-02-12 | 6.81x |
| 2026-02-11 | 9.83x |
| 2026-02-10 | 10.48x |
| 2026-02-09 | 11.05x |
| 2026-02-06 | 10.82x |
| 2026-02-05 | 10.52x |
| 2026-02-04 | 11.53x |
| 2026-02-03 | 11.80x |
| 2026-02-02 | 12.41x |
| 2026-01-30 | 12.51x |
| 2026-01-29 | 12.83x |
| 2026-01-28 | 12.85x |
| 2026-01-27 | 12.94x |
| 2026-01-26 | 12.91x |
| 2026-01-23 | 12.87x |
| 2026-01-22 | 12.87x |
| 2026-01-21 | 12.77x |
| 2026-01-20 | 12.30x |
| 2026-01-16 | 12.64x |
| 2026-01-15 | 12.64x |
| 2026-01-14 | 12.76x |
| 2026-01-13 | 12.68x |
| 2026-01-12 | 12.50x |
| 2026-01-09 | 12.57x |
| 2026-01-08 | 12.96x |
| 2026-01-07 | 13.79x |
| 2026-01-06 | 13.71x |
| 2026-01-05 | 13.49x |
| 2026-01-02 | 12.98x |
| 2025-12-31 | 12.62x |
| 2025-12-30 | 12.66x |
| 2025-12-29 | 12.63x |
| 2025-12-26 | 12.65x |
| 2025-12-24 | 12.70x |
| 2025-12-23 | 12.67x |
| 2025-12-22 | 12.44x |
| 2025-12-19 | 12.14x |
| 2025-12-18 | 12.42x |
| 2025-12-17 | 12.45x |
| 2025-12-16 | 12.63x |
| 2025-12-15 | 12.74x |
| 2025-12-12 | 12.87x |
| 2025-12-11 | 13.06x |
| 2025-12-10 | 12.82x |
| 2025-12-09 | 12.56x |
| 2025-12-08 | 12.61x |
| 2025-12-05 | 12.83x |
| 2025-12-04 | 12.82x |
| 2025-12-03 | 12.93x |
| 2025-12-02 | 12.67x |
| 2025-12-01 | 12.48x |
| 2025-11-28 | 12.78x |
| 2025-11-26 | 12.70x |
| 2025-11-25 | 12.18x |
| 2025-11-24 | 11.61x |
| 2025-11-21 | 11.61x |
| 2025-11-20 | 11.25x |
| 2025-11-19 | 11.29x |
| 2025-11-18 | 11.41x |
| 2025-11-17 | 11.16x |
| 2025-11-14 | 11.48x |
| 2025-11-13 | 11.55x |
| 2025-11-12 | 11.55x |
| 2025-11-11 | 11.55x |
| 2025-11-10 | 11.22x |
| 2025-11-07 | 11.31x |
| 2025-11-06 | 11.35x |
| 2025-11-05 | 11.56x |
| 2025-11-04 | 11.52x |
| 2025-11-03 | 11.85x |
| 2025-10-31 | 12.03x |
| 2025-10-30 | 11.66x |
| 2025-10-29 | 11.69x |
| 2025-10-28 | 12.36x |
| 2025-10-27 | 12.61x |
| 2025-10-24 | 12.38x |
| 2025-10-23 | 12.49x |
| 2025-10-22 | 13.25x |
| 2025-10-21 | 13.29x |
| 2025-10-20 | 13.01x |
| 2025-10-17 | 12.82x |
| 2025-10-16 | 13.01x |
| 2025-10-15 | 12.98x |
| 2025-10-14 | 12.87x |
| 2025-10-13 | 12.88x |
| 2025-10-10 | 12.73x |
| 2025-10-09 | 12.97x |
| 2025-10-08 | 12.90x |
| 2025-10-07 | 12.91x |
| 2025-10-06 | 13.13x |
| 2025-10-03 | 13.32x |
| 2025-10-02 | 13.27x |
| 2025-10-01 | 13.23x |
| 2025-09-30 | 12.25x |
| 2025-09-29 | 11.59x |
| 2025-09-26 | 11.61x |
| 2025-09-25 | 11.53x |
| 2025-09-24 | 11.82x |
| 2025-09-23 | 11.98x |
| 2025-09-22 | 12.01x |
Showing the most recent 260 of 4,658 data points. The chart above shows the full history.
