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 13.36x is 11% above its estimated 5-year average of 12.00x, around the middle of its estimated 5-year range (9.22x–15.25x).
As of 2026-09-22T10:46:32.558Z. 2.71% below its estimated 12-month average of 13.73x.
Calculation as of: 2026-09-22T10:46:32.558Z.
Quote observation: 2026-09-21T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 38efd6d10b5070c24a2037132ee9b23a2cc247ffb841c8c666147e691f8e7db7
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
13.36x
EV/EBITDA RATIO AVG TTM
13.73x
EV/EBITDA RATIO AVG 3Y
12.91x
EV/EBITDA RATIO AVG 5Y
12.00x
EV/EBITDA RATIO AVG 10Y
12.18x
EV/EBITDA RATIO AVG 15Y
13.05x
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-2.71%
CURRENT VS 3Y AVG
+3.46%
CURRENT VS 5Y AVG
+11.34%
CURRENT VS 10Y AVG
+9.64%
CURRENT VS 15Y AVG
+2.39%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
9.20x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+45.30%
vs the sector median at left
Kinder Morgan, Inc.
Market Cap
$70.63B
EV/EBITDA Ratio
13.36x
TTM Avg
13.73x
3Y Avg
12.91x
5Y Avg
12.00x
Market Cap
$62.96B
EV/EBITDA Ratio
14.45x
TTM Avg
16.15x
3Y Avg
14.37x
5Y Avg
13.70x
Market Cap
$62.11B
EV/EBITDA Ratio
14.83x
TTM Avg
13.43x
3Y Avg
12.21x
5Y Avg
11.36x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Kinder Morgan, Inc. (KMI) | $70.63B | 13.36x | 13.73x | 12.91x | 12.00x |
| Energy Transfer LP (ET)vs › | $71.92B | 8.40x | 8.68x | 8.37x | 7.85x |
| EOG Resources, Inc. (EOG)vs › | $75.30B | 5.05x | 5.66x | 5.46x | 5.86x |
| Slb N.V. (SLB)vs › | $76.82B | 11.37x | 10.02x | 9.82x | 11.43x |
| Eni S.p.A. (E)vs › | $78.29B | 8.62x | 7.76x | 5.67x | 4.69x |
| TC Energy Corporation (TRP)vs › | $62.96B | 14.45x | 16.15x | 14.37x | 13.70x |
| Targa Resources Corp. (TRGP)vs › | $62.11B | 14.83x | 13.43x | 12.21x | 11.36x |
| Suncor Energy Inc. (SU)vs › | $79.39B | 5.10x | 4.62x | 3.75x | 3.49x |
| MPLX Lp (MPLX)vs › | $59.96B | 12.20x | 11.52x | 10.68x | 10.14x |
| Enterprise Products Partners L.P. (EPD)vs › | $83.23B | 11.22x | 11.38x | 10.69x | 10.51x |
At 13.4, EV/EBITDA is near its estimated 16-year median — higher than 57% of readings in its estimated 16-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 16-year low
9.0
median
13.1
estimated 16-year high
24.6
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 | 13.10x |
| 2026-09-10 | 13.13x |
| 2026-09-09 | 13.26x |
| 2026-09-08 | 13.42x |
| 2026-09-04 | 13.26x |
| 2026-09-03 | 13.31x |
| 2026-09-02 | 13.42x |
| 2026-09-01 | 13.46x |
| 2026-08-31 | 13.50x |
| 2026-08-28 | 13.30x |
| 2026-08-27 | 13.30x |
| 2026-08-26 | 13.44x |
| 2026-08-25 | 13.12x |
| 2026-08-24 | 13.14x |
| 2026-08-21 | 13.14x |
| 2026-08-20 | 13.32x |
| 2026-08-19 | 13.45x |
| 2026-08-18 | 13.68x |
| 2026-08-17 | 13.53x |
| 2026-08-14 | 13.67x |
| 2026-08-13 | 13.45x |
| 2026-08-12 | 13.35x |
| 2026-08-11 | 13.28x |
| 2026-08-10 | 13.25x |
| 2026-08-07 | 13.10x |
| 2026-08-06 | 13.22x |
| 2026-08-05 | 13.18x |
| 2026-08-04 | 13.25x |
| 2026-08-03 | 13.26x |
| 2026-07-31 | 13.48x |
| 2026-07-30 | 13.33x |
| 2026-07-29 | 13.39x |
| 2026-07-28 | 13.32x |
| 2026-07-27 | 13.36x |
| 2026-07-24 | 14.03x |
| 2026-07-23 | 14.01x |
| 2026-07-22 | 13.92x |
| 2026-07-21 | 13.89x |
| 2026-07-20 | 13.95x |
| 2026-07-17 | 13.87x |
| 2026-07-16 | 13.94x |
| 2026-07-15 | 13.84x |
| 2026-07-14 | 13.94x |
| 2026-07-13 | 13.85x |
| 2026-07-10 | 13.81x |
| 2026-07-09 | 13.90x |
| 2026-07-08 | 13.92x |
| 2026-07-07 | 13.92x |
| 2026-07-06 | 13.69x |
| 2026-07-02 | 13.80x |
| 2026-07-01 | 13.69x |
| 2026-06-30 | 13.77x |
| 2026-06-29 | 13.86x |
| 2026-06-26 | 14.13x |
| 2026-06-25 | 14.08x |
| 2026-06-24 | 13.96x |
| 2026-06-23 | 13.94x |
| 2026-06-22 | 13.85x |
| 2026-06-18 | 13.66x |
| 2026-06-17 | 13.58x |
| 2026-06-16 | 13.61x |
| 2026-06-15 | 13.62x |
| 2026-06-12 | 13.76x |
| 2026-06-11 | 13.59x |
| 2026-06-10 | 13.73x |
| 2026-06-09 | 13.58x |
| 2026-06-08 | 13.57x |
| 2026-06-05 | 13.68x |
| 2026-06-04 | 13.69x |
| 2026-06-03 | 13.59x |
| 2026-06-02 | 13.61x |
| 2026-06-01 | 13.44x |
| 2026-05-29 | 13.50x |
| 2026-05-28 | 13.75x |
| 2026-05-27 | 13.84x |
| 2026-05-26 | 14.04x |
| 2026-05-22 | 14.31x |
| 2026-05-21 | 14.22x |
| 2026-05-20 | 14.25x |
| 2026-05-19 | 14.46x |
| 2026-05-18 | 14.31x |
| 2026-05-15 | 14.26x |
| 2026-05-14 | 14.19x |
| 2026-05-13 | 14.02x |
| 2026-05-12 | 13.91x |
| 2026-05-11 | 13.85x |
| 2026-05-08 | 13.60x |
| 2026-05-07 | 13.64x |
| 2026-05-06 | 13.65x |
| 2026-05-05 | 13.86x |
| 2026-05-04 | 13.92x |
| 2026-05-01 | 13.94x |
| 2026-04-30 | 14.04x |
| 2026-04-29 | 13.73x |
| 2026-04-28 | 13.72x |
| 2026-04-27 | 13.47x |
| 2026-04-24 | 14.16x |
| 2026-04-23 | 14.16x |
| 2026-04-22 | 14.19x |
| 2026-04-21 | 14.11x |
| 2026-04-20 | 14.22x |
| 2026-04-17 | 14.25x |
| 2026-04-16 | 14.18x |
| 2026-04-15 | 14.15x |
| 2026-04-14 | 14.14x |
| 2026-04-13 | 14.26x |
| 2026-04-10 | 14.45x |
| 2026-04-09 | 14.54x |
| 2026-04-08 | 14.54x |
| 2026-04-07 | 14.64x |
| 2026-04-06 | 14.61x |
| 2026-04-02 | 14.54x |
| 2026-04-01 | 14.51x |
| 2026-03-31 | 14.71x |
| 2026-03-30 | 14.75x |
| 2026-03-27 | 14.86x |
| 2026-03-26 | 14.88x |
| 2026-03-25 | 14.85x |
| 2026-03-24 | 14.83x |
| 2026-03-23 | 14.77x |
| 2026-03-20 | 14.50x |
| 2026-03-19 | 14.68x |
| 2026-03-18 | 14.43x |
| 2026-03-17 | 14.63x |
| 2026-03-16 | 14.64x |
| 2026-03-13 | 14.67x |
| 2026-03-12 | 14.66x |
| 2026-03-11 | 14.57x |
| 2026-03-10 | 14.54x |
| 2026-03-09 | 14.64x |
| 2026-03-06 | 14.73x |
| 2026-03-05 | 14.67x |
| 2026-03-04 | 14.83x |
| 2026-03-03 | 14.84x |
| 2026-03-02 | 14.82x |
| 2026-02-27 | 14.63x |
| 2026-02-26 | 14.57x |
| 2026-02-25 | 14.48x |
| 2026-02-24 | 14.45x |
| 2026-02-23 | 14.46x |
| 2026-02-20 | 14.47x |
| 2026-02-19 | 14.41x |
| 2026-02-18 | 14.33x |
| 2026-02-17 | 14.28x |
| 2026-02-13 | 14.86x |
| 2026-02-12 | 14.66x |
| 2026-02-11 | 14.59x |
| 2026-02-10 | 14.45x |
| 2026-02-09 | 14.44x |
| 2026-02-06 | 14.29x |
| 2026-02-05 | 14.23x |
| 2026-02-04 | 14.15x |
| 2026-02-03 | 14.23x |
| 2026-02-02 | 14.00x |
| 2026-01-30 | 14.28x |
| 2026-01-29 | 14.20x |
| 2026-01-28 | 14.15x |
| 2026-01-27 | 14.00x |
| 2026-01-26 | 13.92x |
| 2026-01-23 | 13.99x |
| 2026-01-22 | 14.03x |
| 2026-01-21 | 13.68x |
| 2026-01-20 | 13.48x |
| 2026-01-16 | 13.48x |
| 2026-01-15 | 13.31x |
| 2026-01-14 | 13.35x |
| 2026-01-13 | 13.30x |
| 2026-01-12 | 13.15x |
| 2026-01-09 | 13.22x |
| 2026-01-08 | 13.26x |
| 2026-01-07 | 13.18x |
| 2026-01-06 | 13.12x |
| 2026-01-05 | 13.46x |
| 2026-01-02 | 13.40x |
| 2025-12-31 | 13.33x |
| 2025-12-30 | 13.36x |
| 2025-12-29 | 13.30x |
| 2025-12-26 | 13.24x |
| 2025-12-24 | 13.24x |
| 2025-12-23 | 13.27x |
| 2025-12-22 | 13.14x |
| 2025-12-19 | 13.02x |
| 2025-12-18 | 12.97x |
| 2025-12-17 | 13.07x |
| 2025-12-16 | 12.97x |
| 2025-12-15 | 13.09x |
| 2025-12-12 | 13.09x |
| 2025-12-11 | 13.12x |
| 2025-12-10 | 13.05x |
| 2025-12-09 | 13.28x |
| 2025-12-08 | 13.27x |
| 2025-12-05 | 13.42x |
| 2025-12-04 | 13.44x |
| 2025-12-03 | 13.23x |
| 2025-12-02 | 13.13x |
| 2025-12-01 | 13.27x |
| 2025-11-28 | 13.28x |
| 2025-11-26 | 13.16x |
| 2025-11-25 | 13.03x |
| 2025-11-24 | 13.12x |
| 2025-11-21 | 13.17x |
| 2025-11-20 | 13.09x |
| 2025-11-19 | 13.12x |
| 2025-11-18 | 13.21x |
| 2025-11-17 | 13.22x |
| 2025-11-14 | 13.31x |
| 2025-11-13 | 13.14x |
| 2025-11-12 | 13.18x |
| 2025-11-11 | 13.16x |
| 2025-11-10 | 13.20x |
| 2025-11-07 | 13.03x |
| 2025-11-06 | 12.90x |
| 2025-11-05 | 12.84x |
| 2025-11-04 | 12.81x |
| 2025-11-03 | 12.89x |
| 2025-10-31 | 12.92x |
| 2025-10-30 | 12.89x |
| 2025-10-29 | 12.83x |
| 2025-10-28 | 12.89x |
| 2025-10-27 | 12.91x |
| 2025-10-24 | 12.94x |
| 2025-10-23 | 13.07x |
| 2025-10-22 | 13.49x |
| 2025-10-21 | 13.47x |
| 2025-10-20 | 13.48x |
| 2025-10-17 | 13.43x |
| 2025-10-16 | 13.38x |
| 2025-10-15 | 13.50x |
| 2025-10-14 | 13.41x |
| 2025-10-13 | 13.42x |
| 2025-10-10 | 13.34x |
| 2025-10-09 | 13.48x |
| 2025-10-08 | 13.67x |
| 2025-10-07 | 13.63x |
| 2025-10-06 | 13.61x |
| 2025-10-03 | 13.78x |
| 2025-10-02 | 13.70x |
| 2025-10-01 | 13.73x |
| 2025-09-30 | 13.73x |
| 2025-09-29 | 13.75x |
| 2025-09-26 | 13.70x |
| 2025-09-25 | 13.61x |
| 2025-09-24 | 13.57x |
| 2025-09-23 | 13.46x |
| 2025-09-22 | 13.37x |
| 2025-09-19 | 13.44x |
| 2025-09-18 | 13.52x |
| 2025-09-17 | 13.49x |
| 2025-09-16 | 13.38x |
| 2025-09-15 | 13.42x |
| 2025-09-12 | 13.49x |
| 2025-09-11 | 13.49x |
| 2025-09-10 | 13.43x |
| 2025-09-09 | 13.19x |
| 2025-09-08 | 13.14x |
| 2025-09-05 | 13.18x |
| 2025-09-04 | 13.22x |
| 2025-09-03 | 13.22x |
| 2025-09-02 | 13.23x |
| 2025-08-29 | 13.30x |
Showing the most recent 260 of 3,918 data points. The chart above shows the full history.
