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 13.90x is in line with its estimated 5-year average of 12.92x, around the middle of its estimated 5-year range (5.55x–21.23x).
As of 2026-09-12T00:15:46.919Z. 0.49% below its estimated 12-month average of 13.97x.
Calculation as of: 2026-09-12T00:15:46.919Z.
Quote observation: 2026-09-11T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 21d4530f46c27a330a27e13acc83cdd67f4baeb56c07e52c66d3cc6e0046e444
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 2026-09-10.
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
13.90x
EV/EBITDA RATIO AVG TTM
13.97x
EV/EBITDA RATIO AVG 3Y
15.99x
EV/EBITDA RATIO AVG 5Y
12.92x
EV/EBITDA RATIO AVG 10Y
11.83x
EV/EBITDA RATIO AVG 15Y
11.03x
EV/EBITDA RATIO AVG 20Y
10.16x
CURRENT VS TTM AVG
-0.49%
CURRENT VS 3Y AVG
-13.07%
CURRENT VS 5Y AVG
+7.58%
CURRENT VS 10Y AVG
+17.46%
CURRENT VS 15Y AVG
+26.06%
CURRENT VS 20Y AVG
+36.82%
SECTOR MEDIAN · HEALTHCARE
16.13x
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
-13.83%
vs the sector median at left
Labcorp Holdings Inc.
Market Cap
$25.55B
EV/EBITDA Ratio
13.90x
TTM Avg
13.97x
3Y Avg
15.99x
5Y Avg
12.92x
Market Cap
$25.94B
EV/EBITDA Ratio
15.87x
TTM Avg
13.73x
3Y Avg
13.16x
5Y Avg
11.50x
Market Cap
$26.14B
EV/EBITDA Ratio
21.41x
TTM Avg
23.36x
3Y Avg
23.58x
5Y Avg
25.67x
Market Cap
$24.62B
EV/EBITDA Ratio
10.68x
TTM Avg
12.55x
3Y Avg
62.98x
5Y Avg
46.42x
Market Cap
$24.37B
EV/EBITDA Ratio
27.97x
TTM Avg
25.30x
3Y Avg
27.30x
5Y Avg
28.41x
Market Cap
$28.88B
EV/EBITDA Ratio
10.30x
TTM Avg
11.76x
3Y Avg
13.20x
5Y Avg
13.25x
Market Cap
$21.10B
EV/EBITDA Ratio
12.91x
TTM Avg
14.60x
3Y Avg
11.69x
5Y Avg
12.28x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Labcorp Holdings Inc. (LH) | $25.55B | 13.90x | 13.97x | 15.99x | 12.92x |
| Quest Diagnostics Incorporated (DGX)vs › | $25.94B | 15.87x | 13.73x | 13.16x | 11.50x |
| Mettler-Toledo International Inc. (MTD)vs › | $26.14B | 21.41x | 23.36x | 23.58x | 25.67x |
| Incyte Corporation (INCY)vs › | $24.62B | 10.68x | 12.55x | 62.98x | 46.42x |
| West Pharmaceutical Services, Inc. (WST)vs › | $24.37B | 27.97x | 25.30x | 27.30x | 28.41x |
| BioNTech SE (BNTX)vs › | $24.30B | N/A | 4.15x | 5.55x | 5.55x |
| Medline Inc. (MDLN)vs › | $27.51B | 13.73x | 14.92x | 14.92x | 14.92x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $28.88B | 10.30x | 11.76x | 13.20x | 13.25x |
| United Therapeutics Corporation (UTHR)vs › | $21.10B | 12.91x | 14.60x | 11.69x | 12.28x |
| Waters Corporation (WAT)vs › | $30.54B | 37.99x | 27.04x | 23.39x | 22.47x |
At 13.9, EV/EBITDA is above its estimated 20-year median — higher than 84% 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
5.5
median
10.1
estimated 20-year high
21.2
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 |
|---|---|
| 2026-09-10 | 13.74x |
| 2026-09-09 | 14.24x |
| 2026-09-08 | 14.38x |
| 2026-09-04 | 14.45x |
| 2026-09-03 | 14.61x |
| 2026-09-02 | 14.62x |
| 2026-09-01 | 14.47x |
| 2026-08-31 | 14.65x |
| 2026-08-28 | 14.74x |
| 2026-08-27 | 14.79x |
| 2026-08-26 | 14.76x |
| 2026-08-25 | 14.83x |
| 2026-08-24 | 14.89x |
| 2026-08-21 | 14.78x |
| 2026-08-20 | 14.66x |
| 2026-08-19 | 14.57x |
| 2026-08-18 | 14.28x |
| 2026-08-17 | 14.32x |
| 2026-08-14 | 14.14x |
| 2026-08-13 | 14.30x |
| 2026-08-12 | 14.33x |
| 2026-08-11 | 14.29x |
| 2026-08-10 | 14.25x |
| 2026-08-07 | 14.17x |
| 2026-08-06 | 14.08x |
| 2026-08-05 | 14.36x |
| 2026-08-04 | 14.30x |
| 2026-08-03 | 14.12x |
| 2026-07-31 | 14.19x |
| 2026-07-30 | 14.42x |
| 2026-07-29 | 14.11x |
| 2026-07-28 | 14.37x |
| 2026-07-27 | 13.89x |
| 2026-07-24 | 13.73x |
| 2026-07-23 | 13.52x |
| 2026-07-22 | 13.16x |
| 2026-07-21 | 13.09x |
| 2026-07-20 | 13.17x |
| 2026-07-17 | 13.23x |
| 2026-07-16 | 13.18x |
| 2026-07-15 | 12.82x |
| 2026-07-14 | 12.95x |
| 2026-07-13 | 12.99x |
| 2026-07-10 | 12.99x |
| 2026-07-09 | 13.02x |
| 2026-07-08 | 13.03x |
| 2026-07-07 | 13.25x |
| 2026-07-06 | 13.27x |
| 2026-07-02 | 13.37x |
| 2026-07-01 | 13.25x |
| 2026-06-30 | 13.11x |
| 2026-06-29 | 13.10x |
| 2026-06-26 | 12.80x |
| 2026-06-25 | 12.61x |
| 2026-06-24 | 12.56x |
| 2026-06-23 | 12.32x |
| 2026-06-22 | 12.17x |
| 2026-06-18 | 12.22x |
| 2026-06-17 | 12.36x |
| 2026-06-16 | 12.55x |
| 2026-06-15 | 12.56x |
| 2026-06-12 | 12.60x |
| 2026-06-11 | 12.57x |
| 2026-06-10 | 12.69x |
| 2026-06-09 | 12.79x |
| 2026-06-08 | 12.45x |
| 2026-06-05 | 12.56x |
| 2026-06-04 | 12.41x |
| 2026-06-03 | 12.33x |
| 2026-06-02 | 12.29x |
| 2026-06-01 | 12.26x |
| 2026-05-29 | 12.38x |
| 2026-05-28 | 12.47x |
| 2026-05-27 | 12.31x |
| 2026-05-26 | 12.32x |
| 2026-05-22 | 12.37x |
| 2026-05-21 | 12.22x |
| 2026-05-20 | 12.28x |
| 2026-05-19 | 12.14x |
| 2026-05-18 | 12.21x |
| 2026-05-15 | 12.02x |
| 2026-05-14 | 12.15x |
| 2026-05-13 | 12.17x |
| 2026-05-12 | 12.28x |
| 2026-05-11 | 12.19x |
| 2026-05-08 | 12.16x |
| 2026-05-07 | 12.30x |
| 2026-05-06 | 12.26x |
| 2026-05-05 | 12.27x |
| 2026-05-04 | 12.72x |
| 2026-05-01 | 12.83x |
| 2026-04-30 | 12.86x |
| 2026-04-29 | 12.88x |
| 2026-04-28 | 12.97x |
| 2026-04-27 | 13.12x |
| 2026-04-24 | 13.13x |
| 2026-04-23 | 13.17x |
| 2026-04-22 | 13.47x |
| 2026-04-21 | 13.50x |
| 2026-04-20 | 13.33x |
| 2026-04-17 | 13.39x |
| 2026-04-16 | 13.23x |
| 2026-04-15 | 13.24x |
| 2026-04-14 | 13.32x |
| 2026-04-13 | 13.14x |
| 2026-04-10 | 13.02x |
| 2026-04-09 | 13.49x |
| 2026-04-08 | 13.55x |
| 2026-04-07 | 13.33x |
| 2026-04-06 | 13.54x |
| 2026-04-02 | 13.51x |
| 2026-04-01 | 13.47x |
| 2026-03-31 | 13.24x |
| 2026-03-30 | 13.12x |
| 2026-03-27 | 13.14x |
| 2026-03-26 | 13.30x |
| 2026-03-25 | 13.21x |
| 2026-03-24 | 13.22x |
| 2026-03-23 | 13.15x |
| 2026-03-20 | 13.10x |
| 2026-03-19 | 13.14x |
| 2026-03-18 | 13.21x |
| 2026-03-17 | 13.39x |
| 2026-03-16 | 13.25x |
| 2026-03-13 | 13.13x |
| 2026-03-12 | 13.10x |
| 2026-03-11 | 13.38x |
| 2026-03-10 | 13.32x |
| 2026-03-09 | 13.50x |
| 2026-03-06 | 13.35x |
| 2026-03-05 | 13.59x |
| 2026-03-04 | 13.78x |
| 2026-03-03 | 13.86x |
| 2026-03-02 | 13.99x |
| 2026-02-27 | 14.10x |
| 2026-02-26 | 14.04x |
| 2026-02-25 | 13.85x |
| 2026-02-24 | 15.23x |
| 2026-02-23 | 15.16x |
| 2026-02-20 | 15.05x |
| 2026-02-19 | 15.04x |
| 2026-02-18 | 14.89x |
| 2026-02-17 | 14.80x |
| 2026-02-13 | 15.05x |
| 2026-02-12 | 14.86x |
| 2026-02-11 | 15.35x |
| 2026-02-10 | 15.13x |
| 2026-02-09 | 14.69x |
| 2026-02-06 | 14.82x |
| 2026-02-05 | 14.86x |
| 2026-02-04 | 14.78x |
| 2026-02-03 | 14.61x |
| 2026-02-02 | 14.53x |
| 2026-01-30 | 14.59x |
| 2026-01-29 | 14.51x |
| 2026-01-28 | 14.44x |
| 2026-01-27 | 14.57x |
| 2026-01-26 | 14.41x |
| 2026-01-23 | 14.38x |
| 2026-01-22 | 14.52x |
| 2026-01-21 | 14.49x |
| 2026-01-20 | 14.58x |
| 2026-01-16 | 14.56x |
| 2026-01-15 | 14.48x |
| 2026-01-14 | 14.19x |
| 2026-01-13 | 13.86x |
| 2026-01-12 | 13.71x |
| 2026-01-09 | 13.77x |
| 2026-01-08 | 13.88x |
| 2026-01-07 | 13.85x |
| 2026-01-06 | 14.12x |
| 2026-01-05 | 13.82x |
| 2026-01-02 | 13.76x |
| 2025-12-31 | 13.73x |
| 2025-12-30 | 13.82x |
| 2025-12-29 | 13.81x |
| 2025-12-26 | 13.85x |
| 2025-12-24 | 13.88x |
| 2025-12-23 | 13.82x |
| 2025-12-22 | 13.90x |
| 2025-12-19 | 13.77x |
| 2025-12-18 | 13.77x |
| 2025-12-17 | 13.93x |
| 2025-12-16 | 14.03x |
| 2025-12-15 | 14.24x |
| 2025-12-12 | 14.28x |
| 2025-12-11 | 14.30x |
| 2025-12-10 | 14.19x |
| 2025-12-09 | 14.03x |
| 2025-12-08 | 14.10x |
| 2025-12-05 | 14.04x |
| 2025-12-04 | 14.17x |
| 2025-12-03 | 14.35x |
| 2025-12-02 | 14.35x |
| 2025-12-01 | 14.43x |
| 2025-11-28 | 14.47x |
| 2025-11-26 | 14.45x |
| 2025-11-25 | 14.52x |
| 2025-11-24 | 14.33x |
| 2025-11-21 | 14.34x |
| 2025-11-20 | 14.17x |
| 2025-11-19 | 14.13x |
| 2025-11-18 | 14.10x |
| 2025-11-17 | 14.16x |
| 2025-11-14 | 14.39x |
| 2025-11-13 | 14.43x |
| 2025-11-12 | 14.36x |
| 2025-11-11 | 14.45x |
| 2025-11-10 | 14.15x |
| 2025-11-07 | 13.80x |
| 2025-11-06 | 13.55x |
| 2025-11-05 | 13.72x |
| 2025-11-04 | 13.79x |
| 2025-11-03 | 14.02x |
| 2025-10-31 | 14.65x |
| 2025-10-30 | 14.58x |
| 2025-10-29 | 14.39x |
| 2025-10-28 | 14.91x |
| 2025-10-27 | 15.63x |
| 2025-10-24 | 15.81x |
| 2025-10-23 | 16.01x |
| 2025-10-22 | 15.96x |
| 2025-10-21 | 16.02x |
| 2025-10-20 | 16.32x |
| 2025-10-17 | 16.10x |
| 2025-10-16 | 16.00x |
| 2025-10-15 | 15.95x |
| 2025-10-14 | 15.82x |
| 2025-10-13 | 15.68x |
| 2025-10-10 | 15.73x |
| 2025-10-09 | 15.73x |
| 2025-10-08 | 15.72x |
| 2025-10-07 | 15.81x |
| 2025-10-06 | 15.61x |
| 2025-10-03 | 15.69x |
| 2025-10-02 | 15.80x |
| 2025-10-01 | 15.79x |
| 2025-09-30 | 16.15x |
| 2025-09-29 | 15.95x |
| 2025-09-26 | 15.86x |
| 2025-09-25 | 15.65x |
| 2025-09-24 | 15.80x |
| 2025-09-23 | 15.83x |
| 2025-09-22 | 15.78x |
| 2025-09-19 | 15.71x |
| 2025-09-18 | 15.70x |
| 2025-09-17 | 15.65x |
| 2025-09-16 | 15.56x |
| 2025-09-15 | 15.62x |
| 2025-09-12 | 15.74x |
| 2025-09-11 | 15.82x |
| 2025-09-10 | 15.51x |
| 2025-09-09 | 15.74x |
| 2025-09-08 | 15.70x |
| 2025-09-05 | 15.77x |
| 2025-09-04 | 15.61x |
| 2025-09-03 | 15.55x |
| 2025-09-02 | 15.55x |
| 2025-08-29 | 15.74x |
| 2025-08-28 | 15.62x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
