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 9.66x is 20% below its estimated 5-year average of 12.14x, near the low end of its estimated 5-year range (8.08x–24.59x).
As of 2026-09-14T21:40:51.407Z. 11.85% below its estimated 12-month average of 10.96x.
Calculation as of: 2026-09-14T21:40:51.407Z.
Quote observation: 2026-09-14T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4d3ad59591e27b70946f5cfeb85068f784ef65dc17e54ae384386e9395470607
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
9.66x
EV/EBITDA RATIO AVG TTM
10.96x
EV/EBITDA RATIO AVG 3Y
14.34x
EV/EBITDA RATIO AVG 5Y
12.14x
EV/EBITDA RATIO AVG 10Y
13.24x
EV/EBITDA RATIO AVG 15Y
12.29x
EV/EBITDA RATIO AVG 20Y
10.87x
CURRENT VS TTM AVG
-11.85%
CURRENT VS 3Y AVG
-32.64%
CURRENT VS 5Y AVG
-20.41%
CURRENT VS 10Y AVG
-27.02%
CURRENT VS 15Y AVG
-21.40%
CURRENT VS 20Y AVG
-11.13%
SECTOR MEDIAN · TECHNOLOGY
25.10x
median of 157 covered companies
CURRENT VS SECTOR MEDIAN
-61.51%
vs the sector median at left
Leidos Holdings, Inc.
Market Cap
$16.71B
EV/EBITDA Ratio
9.66x
TTM Avg
10.96x
3Y Avg
14.34x
5Y Avg
12.14x
Market Cap
$16.67B
EV/EBITDA Ratio
16.80x
TTM Avg
15.54x
3Y Avg
14.28x
5Y Avg
14.96x
Market Cap
$16.76B
EV/EBITDA Ratio
16.94x
TTM Avg
15.78x
3Y Avg
21.16x
5Y Avg
21.75x
Market Cap
$16.02B
EV/EBITDA Ratio
45.88x
TTM Avg
68.05x
3Y Avg
52.54x
5Y Avg
39.23x
Market Cap
$15.35B
EV/EBITDA Ratio
18.71x
TTM Avg
16.13x
3Y Avg
15.52x
5Y Avg
14.98x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Leidos Holdings, Inc. (LDOS) | $16.71B | 9.66x | 10.96x | 14.34x | 12.14x |
| Fortive Corporation (FTV)vs › | $16.67B | 16.80x | 15.54x | 14.28x | 14.96x |
| Zebra Technologies Corporation (ZBRA)vs › | $16.76B | 16.94x | 15.78x | 21.16x | 21.75x |
| MKS Inc. (MKSI)vs › | $16.16B | 18.62x | 22.31x | 17.91x | 14.57x |
| BE Semiconductor Industries N.V. (BESIY)vs › | $16.02B | 45.88x | 68.05x | 52.54x | 39.23x |
| PTC Inc. (PTC)vs › | $15.78B | 13.71x | 18.13x | 28.39x | 28.78x |
| Dynatrace, Inc. (DT)vs › | $15.55B | 49.11x | 44.49x | 64.45x | 75.77x |
| IREN Limited (IREN)vs › | $15.41B | N/A | 63.20x | 83.04x | 81.58x |
| Akamai Technologies, Inc. (AKAM)vs › | $15.35B | 18.71x | 16.13x | 15.52x | 14.98x |
| Tyler Technologies, Inc. (TYL)vs › | $14.72B | 30.61x | 33.62x | 46.94x | 48.07x |
At 9.7, 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
2.5
median
11.4
estimated 20-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 | 9.51x |
| 2026-09-10 | 9.55x |
| 2026-09-09 | 9.47x |
| 2026-09-08 | 9.53x |
| 2026-09-04 | 9.74x |
| 2026-09-03 | 9.70x |
| 2026-09-02 | 9.78x |
| 2026-09-01 | 10.08x |
| 2026-08-31 | 10.13x |
| 2026-08-28 | 10.16x |
| 2026-08-27 | 10.11x |
| 2026-08-26 | 9.98x |
| 2026-08-25 | 9.82x |
| 2026-08-24 | 10.03x |
| 2026-08-21 | 10.20x |
| 2026-08-20 | 10.19x |
| 2026-08-19 | 10.46x |
| 2026-08-18 | 10.31x |
| 2026-08-17 | 10.24x |
| 2026-08-14 | 10.33x |
| 2026-08-13 | 10.26x |
| 2026-08-12 | 10.14x |
| 2026-08-11 | 10.17x |
| 2026-08-10 | 10.07x |
| 2026-08-07 | 9.99x |
| 2026-08-06 | 9.86x |
| 2026-08-05 | 9.40x |
| 2026-08-04 | 9.72x |
| 2026-08-03 | 9.08x |
| 2026-07-31 | 8.91x |
| 2026-07-30 | 8.74x |
| 2026-07-29 | 8.85x |
| 2026-07-28 | 9.06x |
| 2026-07-27 | 8.88x |
| 2026-07-24 | 8.73x |
| 2026-07-23 | 8.63x |
| 2026-07-22 | 8.47x |
| 2026-07-21 | 8.34x |
| 2026-07-20 | 8.45x |
| 2026-07-17 | 8.42x |
| 2026-07-16 | 8.52x |
| 2026-07-15 | 8.52x |
| 2026-07-14 | 8.43x |
| 2026-07-13 | 8.43x |
| 2026-07-10 | 8.45x |
| 2026-07-09 | 8.43x |
| 2026-07-08 | 8.46x |
| 2026-07-07 | 8.54x |
| 2026-07-06 | 8.54x |
| 2026-07-02 | 8.55x |
| 2026-07-01 | 8.24x |
| 2026-06-30 | 8.24x |
| 2026-06-29 | 8.10x |
| 2026-06-26 | 8.17x |
| 2026-06-25 | 8.08x |
| 2026-06-24 | 8.31x |
| 2026-06-23 | 8.40x |
| 2026-06-22 | 8.34x |
| 2026-06-18 | 8.46x |
| 2026-06-17 | 8.54x |
| 2026-06-16 | 8.80x |
| 2026-06-15 | 8.86x |
| 2026-06-12 | 9.26x |
| 2026-06-11 | 9.26x |
| 2026-06-10 | 9.24x |
| 2026-06-09 | 9.34x |
| 2026-06-08 | 9.30x |
| 2026-06-05 | 9.39x |
| 2026-06-04 | 9.39x |
| 2026-06-03 | 9.38x |
| 2026-06-02 | 9.51x |
| 2026-06-01 | 9.56x |
| 2026-05-29 | 9.57x |
| 2026-05-28 | 9.77x |
| 2026-05-27 | 9.72x |
| 2026-05-26 | 9.58x |
| 2026-05-22 | 9.47x |
| 2026-05-21 | 9.31x |
| 2026-05-20 | 9.38x |
| 2026-05-19 | 9.47x |
| 2026-05-18 | 9.41x |
| 2026-05-15 | 9.35x |
| 2026-05-14 | 9.45x |
| 2026-05-13 | 9.37x |
| 2026-05-12 | 9.60x |
| 2026-05-11 | 9.56x |
| 2026-05-08 | 9.69x |
| 2026-05-07 | 9.75x |
| 2026-05-06 | 9.95x |
| 2026-05-05 | 9.51x |
| 2026-05-04 | 10.15x |
| 2026-05-01 | 10.17x |
| 2026-04-30 | 10.17x |
| 2026-04-29 | 9.99x |
| 2026-04-28 | 10.00x |
| 2026-04-27 | 9.90x |
| 2026-04-24 | 10.00x |
| 2026-04-23 | 10.08x |
| 2026-04-22 | 10.25x |
| 2026-04-21 | 10.39x |
| 2026-04-20 | 10.48x |
| 2026-04-17 | 10.50x |
| 2026-04-16 | 10.57x |
| 2026-04-15 | 10.71x |
| 2026-04-14 | 10.55x |
| 2026-04-13 | 10.63x |
| 2026-04-10 | 10.37x |
| 2026-04-09 | 10.52x |
| 2026-04-08 | 10.80x |
| 2026-04-07 | 10.70x |
| 2026-04-06 | 10.74x |
| 2026-04-02 | 10.70x |
| 2026-04-01 | 10.55x |
| 2026-03-31 | 10.52x |
| 2026-03-30 | 10.45x |
| 2026-03-27 | 10.52x |
| 2026-03-26 | 10.63x |
| 2026-03-25 | 10.70x |
| 2026-03-24 | 10.71x |
| 2026-03-23 | 10.90x |
| 2026-03-20 | 11.09x |
| 2026-03-19 | 11.09x |
| 2026-03-18 | 11.14x |
| 2026-03-17 | 11.26x |
| 2026-03-16 | 11.17x |
| 2026-03-13 | 11.53x |
| 2026-03-12 | 11.52x |
| 2026-03-11 | 11.50x |
| 2026-03-10 | 11.45x |
| 2026-03-09 | 11.84x |
| 2026-03-06 | 11.75x |
| 2026-03-05 | 11.63x |
| 2026-03-04 | 11.68x |
| 2026-03-03 | 11.90x |
| 2026-03-02 | 11.83x |
| 2026-02-27 | 11.60x |
| 2026-02-26 | 11.64x |
| 2026-02-25 | 11.31x |
| 2026-02-24 | 11.54x |
| 2026-02-23 | 11.42x |
| 2026-02-20 | 11.51x |
| 2026-02-19 | 11.66x |
| 2026-02-18 | 11.40x |
| 2026-02-17 | 10.75x |
| 2026-02-13 | 11.57x |
| 2026-02-12 | 11.30x |
| 2026-02-11 | 11.39x |
| 2026-02-10 | 12.59x |
| 2026-02-09 | 12.58x |
| 2026-02-06 | 12.49x |
| 2026-02-05 | 12.11x |
| 2026-02-04 | 12.24x |
| 2026-02-03 | 12.32x |
| 2026-02-02 | 12.22x |
| 2026-01-30 | 12.23x |
| 2026-01-29 | 12.17x |
| 2026-01-28 | 12.20x |
| 2026-01-27 | 12.17x |
| 2026-01-26 | 12.30x |
| 2026-01-23 | 12.40x |
| 2026-01-22 | 12.52x |
| 2026-01-21 | 12.44x |
| 2026-01-20 | 12.38x |
| 2026-01-16 | 12.59x |
| 2026-01-15 | 12.51x |
| 2026-01-14 | 12.37x |
| 2026-01-13 | 12.66x |
| 2026-01-12 | 12.64x |
| 2026-01-09 | 12.79x |
| 2026-01-08 | 12.62x |
| 2026-01-07 | 12.69x |
| 2026-01-06 | 12.74x |
| 2026-01-05 | 12.63x |
| 2026-01-02 | 11.97x |
| 2025-12-31 | 11.80x |
| 2025-12-30 | 11.96x |
| 2025-12-29 | 12.08x |
| 2025-12-26 | 12.10x |
| 2025-12-24 | 12.14x |
| 2025-12-23 | 12.12x |
| 2025-12-22 | 12.11x |
| 2025-12-19 | 12.03x |
| 2025-12-18 | 11.84x |
| 2025-12-17 | 11.85x |
| 2025-12-16 | 11.89x |
| 2025-12-15 | 12.10x |
| 2025-12-12 | 12.31x |
| 2025-12-11 | 12.36x |
| 2025-12-10 | 12.23x |
| 2025-12-09 | 12.05x |
| 2025-12-08 | 12.09x |
| 2025-12-05 | 12.15x |
| 2025-12-04 | 12.46x |
| 2025-12-03 | 12.24x |
| 2025-12-02 | 12.17x |
| 2025-12-01 | 12.24x |
| 2025-11-28 | 12.39x |
| 2025-11-26 | 12.35x |
| 2025-11-25 | 12.41x |
| 2025-11-24 | 12.15x |
| 2025-11-21 | 12.13x |
| 2025-11-20 | 12.09x |
| 2025-11-19 | 12.28x |
| 2025-11-18 | 12.28x |
| 2025-11-17 | 12.26x |
| 2025-11-14 | 12.41x |
| 2025-11-13 | 12.40x |
| 2025-11-12 | 12.49x |
| 2025-11-11 | 12.78x |
| 2025-11-10 | 12.71x |
| 2025-11-07 | 12.71x |
| 2025-11-06 | 12.59x |
| 2025-11-05 | 12.61x |
| 2025-11-04 | 13.19x |
| 2025-11-03 | 12.82x |
| 2025-10-31 | 12.68x |
| 2025-10-30 | 12.71x |
| 2025-10-29 | 12.55x |
| 2025-10-28 | 12.53x |
| 2025-10-27 | 12.60x |
| 2025-10-24 | 12.65x |
| 2025-10-23 | 12.73x |
| 2025-10-22 | 12.57x |
| 2025-10-21 | 12.83x |
| 2025-10-20 | 12.68x |
| 2025-10-17 | 12.35x |
| 2025-10-16 | 12.34x |
| 2025-10-15 | 12.46x |
| 2025-10-14 | 12.50x |
| 2025-10-13 | 12.43x |
| 2025-10-10 | 12.54x |
| 2025-10-09 | 12.88x |
| 2025-10-08 | 13.11x |
| 2025-10-07 | 13.05x |
| 2025-10-06 | 13.10x |
| 2025-10-03 | 12.97x |
| 2025-10-02 | 12.82x |
| 2025-10-01 | 12.75x |
| 2025-09-30 | 12.60x |
| 2025-09-29 | 12.41x |
| 2025-09-26 | 12.37x |
| 2025-09-25 | 12.23x |
| 2025-09-24 | 12.51x |
| 2025-09-23 | 12.49x |
| 2025-09-22 | 12.54x |
| 2025-09-19 | 12.51x |
| 2025-09-18 | 12.50x |
| 2025-09-17 | 12.31x |
| 2025-09-16 | 12.24x |
| 2025-09-15 | 12.25x |
| 2025-09-12 | 12.31x |
| 2025-09-11 | 12.38x |
| 2025-09-10 | 12.12x |
| 2025-09-09 | 12.04x |
| 2025-09-08 | 12.01x |
| 2025-09-05 | 12.04x |
| 2025-09-04 | 12.02x |
| 2025-09-03 | 11.97x |
| 2025-09-02 | 12.15x |
| 2025-08-29 | 12.15x |
Showing the most recent 260 of 4,582 data points. The chart above shows the full history.
