Basis: Latest stored market observation. 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 29.01x is 46% below its estimated 5-year average of 54.09x, near the low end of its estimated 5-year range (27.47x–86.74x).
As of Tuesday, September 8, 2026. 36.99% below its estimated 12-month average of 46.04x.
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 2026-09-08.
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
29.01x
EV/EBITDA RATIO AVG TTM
46.04x
EV/EBITDA RATIO AVG 3Y
57.81x
EV/EBITDA RATIO AVG 5Y
54.09x
EV/EBITDA RATIO AVG 10Y
49.09x
EV/EBITDA RATIO AVG 15Y
40.11x
EV/EBITDA RATIO AVG 20Y
37.63x
CURRENT VS TTM AVG
-36.99%
CURRENT VS 3Y AVG
-49.82%
CURRENT VS 5Y AVG
-46.37%
CURRENT VS 10Y AVG
-40.91%
CURRENT VS 15Y AVG
-27.67%
CURRENT VS 20Y AVG
-22.91%
SECTOR MEDIAN · HEALTHCARE
16.32x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
+77.70%
vs the sector median at left
Intuitive Surgical, Inc.
Market Cap
$124.79B
EV/EBITDA Ratio
29.01x
TTM Avg
46.04x
3Y Avg
57.81x
5Y Avg
54.09x
Market Cap
$121.70B
EV/EBITDA Ratio
14.69x
TTM Avg
17.47x
3Y Avg
12.62x
5Y Avg
12.53x
Market Cap
$131.57B
EV/EBITDA Ratio
9.85x
TTM Avg
8.44x
3Y Avg
8.06x
5Y Avg
8.70x
Market Cap
$132.26B
EV/EBITDA Ratio
25.74x
TTM Avg
25.22x
3Y Avg
24.44x
5Y Avg
21.32x
Market Cap
$105.57B
EV/EBITDA Ratio
17.05x
TTM Avg
22.01x
3Y Avg
24.50x
5Y Avg
23.97x
Market Cap
$144.11B
EV/EBITDA Ratio
23.18x
TTM Avg
21.34x
3Y Avg
23.29x
5Y Avg
21.63x
Market Cap
$104.40B
EV/EBITDA Ratio
15.16x
TTM Avg
18.39x
3Y Avg
17.38x
5Y Avg
15.28x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Intuitive Surgical, Inc. (ISRG) | $124.79B | 29.01x | 46.04x | 57.81x | 54.09x |
| CVS Health Corp. (CVS)vs › | $121.70B | 14.69x | 17.47x | 12.62x | 12.53x |
| Bristol-Myers Squibb Company (BMY)vs › | $131.57B | 9.85x | 8.44x | 8.06x | 8.70x |
| Medtronic plc (MDT)vs › | $117.62B | 15.07x | 15.58x | 16.22x | 17.04x |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $132.26B | 25.74x | 25.22x | 24.44x | 21.32x |
| Stryker Corporation (SYK)vs › | $105.57B | 17.05x | 22.01x | 24.50x | 23.97x |
| Danaher Corporation (DHR)vs › | $144.11B | 23.18x | 21.34x | 23.29x | 21.63x |
| McKesson Corporation (MCK)vs › | $104.40B | 15.16x | 18.39x | 17.38x | 15.28x |
| Sanofi (SNY)vs › | $102.89B | 9.85x | 11.64x | 12.30x | 11.75x |
| GSK plc (GSK)vs › | $97.43B | 7.97x | 8.81x | 9.62x | 9.61x |
At 29.0, EV/EBITDA is near its estimated 20-year median — higher than 41% 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
9.3
median
35.5
estimated 20-year high
86.7
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 |
|---|---|
| 2026-09-08 | 29.01x |
| 2026-09-04 | 30.41x |
| 2026-09-03 | 30.68x |
| 2026-09-02 | 30.85x |
| 2026-09-01 | 30.63x |
| 2026-08-31 | 31.27x |
| 2026-08-28 | 30.91x |
| 2026-08-27 | 30.44x |
| 2026-08-26 | 30.73x |
| 2026-08-25 | 30.85x |
| 2026-08-24 | 30.99x |
| 2026-08-21 | 31.44x |
| 2026-08-20 | 31.07x |
| 2026-08-19 | 33.04x |
| 2026-08-18 | 32.48x |
| 2026-08-17 | 32.41x |
| 2026-08-14 | 32.77x |
| 2026-08-13 | 33.34x |
| 2026-08-12 | 33.34x |
| 2026-08-11 | 33.34x |
| 2026-08-10 | 32.67x |
| 2026-08-07 | 31.44x |
| 2026-08-06 | 31.00x |
| 2026-08-05 | 31.13x |
| 2026-08-04 | 30.54x |
| 2026-08-03 | 31.15x |
| 2026-07-31 | 29.28x |
| 2026-07-30 | 29.25x |
| 2026-07-29 | 29.26x |
| 2026-07-28 | 30.00x |
| 2026-07-27 | 29.57x |
| 2026-07-24 | 27.94x |
| 2026-07-23 | 27.47x |
| 2026-07-22 | 28.21x |
| 2026-07-21 | 29.00x |
| 2026-07-20 | 31.58x |
| 2026-07-17 | 30.88x |
| 2026-07-16 | 36.05x |
| 2026-07-15 | 34.84x |
| 2026-07-14 | 33.98x |
| 2026-07-13 | 36.49x |
| 2026-07-10 | 36.46x |
| 2026-07-09 | 36.89x |
| 2026-07-08 | 37.21x |
| 2026-07-07 | 38.32x |
| 2026-07-06 | 38.82x |
| 2026-07-02 | 38.20x |
| 2026-07-01 | 36.06x |
| 2026-06-30 | 35.63x |
| 2026-06-29 | 36.38x |
| 2026-06-26 | 36.27x |
| 2026-06-25 | 35.81x |
| 2026-06-24 | 36.01x |
| 2026-06-23 | 36.13x |
| 2026-06-22 | 36.11x |
| 2026-06-18 | 36.46x |
| 2026-06-17 | 36.04x |
| 2026-06-16 | 37.39x |
| 2026-06-15 | 37.34x |
| 2026-06-12 | 36.84x |
| 2026-06-11 | 37.01x |
| 2026-06-10 | 36.93x |
| 2026-06-09 | 38.26x |
| 2026-06-08 | 37.53x |
| 2026-06-05 | 37.84x |
| 2026-06-04 | 37.55x |
| 2026-06-03 | 36.50x |
| 2026-06-02 | 36.05x |
| 2026-06-01 | 36.95x |
| 2026-05-29 | 38.08x |
| 2026-05-28 | 37.99x |
| 2026-05-27 | 37.52x |
| 2026-05-26 | 39.17x |
| 2026-05-22 | 39.30x |
| 2026-05-21 | 39.46x |
| 2026-05-20 | 40.30x |
| 2026-05-19 | 39.62x |
| 2026-05-18 | 39.47x |
| 2026-05-15 | 37.76x |
| 2026-05-14 | 38.39x |
| 2026-05-13 | 38.77x |
| 2026-05-12 | 38.74x |
| 2026-05-11 | 37.66x |
| 2026-05-08 | 40.39x |
| 2026-05-07 | 40.70x |
| 2026-05-06 | 40.54x |
| 2026-05-05 | 40.51x |
| 2026-05-04 | 40.60x |
| 2026-05-01 | 41.09x |
| 2026-04-30 | 41.07x |
| 2026-04-29 | 40.73x |
| 2026-04-28 | 41.90x |
| 2026-04-27 | 42.29x |
| 2026-04-24 | 43.31x |
| 2026-04-23 | 43.00x |
| 2026-04-22 | 43.44x |
| 2026-04-21 | 44.05x |
| 2026-04-20 | 45.47x |
| 2026-04-17 | 45.83x |
| 2026-04-16 | 44.73x |
| 2026-04-15 | 45.75x |
| 2026-04-14 | 45.64x |
| 2026-04-13 | 44.81x |
| 2026-04-10 | 43.98x |
| 2026-04-09 | 44.41x |
| 2026-04-08 | 45.14x |
| 2026-04-07 | 44.22x |
| 2026-04-06 | 44.18x |
| 2026-04-02 | 44.13x |
| 2026-04-01 | 45.36x |
| 2026-03-31 | 45.02x |
| 2026-03-30 | 44.20x |
| 2026-03-27 | 44.19x |
| 2026-03-26 | 45.77x |
| 2026-03-25 | 45.91x |
| 2026-03-24 | 46.10x |
| 2026-03-23 | 46.71x |
| 2026-03-20 | 46.71x |
| 2026-03-19 | 46.90x |
| 2026-03-18 | 46.68x |
| 2026-03-17 | 47.18x |
| 2026-03-16 | 47.25x |
| 2026-03-13 | 46.13x |
| 2026-03-12 | 46.83x |
| 2026-03-11 | 48.19x |
| 2026-03-10 | 47.49x |
| 2026-03-09 | 48.26x |
| 2026-03-06 | 47.92x |
| 2026-03-05 | 48.57x |
| 2026-03-04 | 49.01x |
| 2026-03-03 | 48.64x |
| 2026-03-02 | 48.52x |
| 2026-02-27 | 49.25x |
| 2026-02-26 | 49.58x |
| 2026-02-25 | 49.51x |
| 2026-02-24 | 48.30x |
| 2026-02-23 | 48.11x |
| 2026-02-20 | 49.30x |
| 2026-02-19 | 48.85x |
| 2026-02-18 | 48.97x |
| 2026-02-17 | 48.24x |
| 2026-02-13 | 47.49x |
| 2026-02-12 | 46.77x |
| 2026-02-11 | 48.51x |
| 2026-02-10 | 48.41x |
| 2026-02-09 | 48.18x |
| 2026-02-06 | 47.72x |
| 2026-02-05 | 46.54x |
| 2026-02-04 | 46.76x |
| 2026-02-03 | 46.80x |
| 2026-02-02 | 52.08x |
| 2026-01-30 | 52.88x |
| 2026-01-29 | 53.23x |
| 2026-01-28 | 54.77x |
| 2026-01-27 | 55.09x |
| 2026-01-26 | 55.50x |
| 2026-01-23 | 54.98x |
| 2026-01-22 | 55.18x |
| 2026-01-21 | 54.95x |
| 2026-01-20 | 55.35x |
| 2026-01-16 | 56.15x |
| 2026-01-15 | 56.83x |
| 2026-01-14 | 57.41x |
| 2026-01-13 | 59.01x |
| 2026-01-12 | 60.17x |
| 2026-01-09 | 61.61x |
| 2026-01-08 | 61.49x |
| 2026-01-07 | 62.25x |
| 2026-01-06 | 62.32x |
| 2026-01-05 | 59.50x |
| 2026-01-02 | 59.03x |
| 2025-12-31 | 59.49x |
| 2025-12-30 | 60.16x |
| 2025-12-29 | 60.46x |
| 2025-12-26 | 60.71x |
| 2025-12-24 | 60.64x |
| 2025-12-23 | 60.66x |
| 2025-12-22 | 60.93x |
| 2025-12-19 | 60.15x |
| 2025-12-18 | 59.02x |
| 2025-12-17 | 58.48x |
| 2025-12-16 | 58.24x |
| 2025-12-15 | 58.77x |
| 2025-12-12 | 56.93x |
| 2025-12-11 | 57.47x |
| 2025-12-10 | 58.38x |
| 2025-12-09 | 58.62x |
| 2025-12-08 | 59.55x |
| 2025-12-05 | 60.45x |
| 2025-12-04 | 59.74x |
| 2025-12-03 | 59.85x |
| 2025-12-02 | 59.64x |
| 2025-12-01 | 59.60x |
| 2025-11-28 | 60.25x |
| 2025-11-26 | 60.33x |
| 2025-11-25 | 60.83x |
| 2025-11-24 | 59.72x |
| 2025-11-21 | 58.99x |
| 2025-11-20 | 57.99x |
| 2025-11-19 | 59.31x |
| 2025-11-18 | 57.41x |
| 2025-11-17 | 57.40x |
| 2025-11-14 | 57.70x |
| 2025-11-13 | 59.40x |
| 2025-11-12 | 60.14x |
| 2025-11-11 | 60.11x |
| 2025-11-10 | 60.54x |
| 2025-11-07 | 58.82x |
| 2025-11-06 | 57.52x |
| 2025-11-05 | 57.60x |
| 2025-11-04 | 56.56x |
| 2025-11-03 | 57.14x |
| 2025-10-31 | 56.08x |
| 2025-10-30 | 55.62x |
| 2025-10-29 | 56.43x |
| 2025-10-28 | 57.26x |
| 2025-10-27 | 57.89x |
| 2025-10-24 | 57.38x |
| 2025-10-23 | 57.89x |
| 2025-10-22 | 55.31x |
| 2025-10-21 | 52.06x |
| 2025-10-20 | 51.57x |
| 2025-10-17 | 50.16x |
| 2025-10-16 | 48.83x |
| 2025-10-15 | 48.95x |
| 2025-10-14 | 49.04x |
| 2025-10-13 | 48.96x |
| 2025-10-10 | 48.26x |
| 2025-10-09 | 49.88x |
| 2025-10-08 | 50.38x |
| 2025-10-07 | 49.56x |
| 2025-10-06 | 50.56x |
| 2025-10-03 | 50.87x |
| 2025-10-02 | 49.80x |
| 2025-10-01 | 49.23x |
| 2025-09-30 | 50.28x |
| 2025-09-29 | 49.36x |
| 2025-09-26 | 49.58x |
| 2025-09-25 | 49.24x |
| 2025-09-24 | 49.91x |
| 2025-09-23 | 50.34x |
| 2025-09-22 | 49.97x |
| 2025-09-19 | 49.30x |
| 2025-09-18 | 48.97x |
| 2025-09-17 | 48.72x |
| 2025-09-16 | 48.82x |
| 2025-09-15 | 48.76x |
| 2025-09-12 | 50.56x |
| 2025-09-11 | 51.27x |
| 2025-09-10 | 50.60x |
| 2025-09-09 | 52.61x |
| 2025-09-08 | 52.90x |
| 2025-09-05 | 52.54x |
| 2025-09-04 | 51.12x |
| 2025-09-03 | 49.59x |
| 2025-09-02 | 52.79x |
| 2025-08-29 | 53.28x |
| 2025-08-28 | 53.34x |
| 2025-08-27 | 53.03x |
| 2025-08-26 | 53.39x |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.
