Basis: Current FMP quote-based enterprise value / four-quarter revenue. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 23.96x is 392% above its estimated 5-year average of 4.87x, near the high end of its estimated 5-year range (2.09x–30.80x).
As of 2026-09-09T20:00:01.000Z. 215.46% above its estimated 12-month average of 7.60x.
Quote observation: 2026-09-09T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: bef7f289391c7460483e20d6a2b52610481c87f785e36ab51e0e8a2f1a0a8930
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 2026-09-09.
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/SALES RATIO
23.96x
EV/SALES RATIO AVG TTM
7.60x
EV/SALES RATIO AVG 3Y
5.51x
EV/SALES RATIO AVG 5Y
4.87x
EV/SALES RATIO AVG 10Y
N/A
EV/SALES RATIO AVG 15Y
N/A
EV/SALES RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+215.46%
CURRENT VS 3Y AVG
+334.82%
CURRENT VS 5Y AVG
+392.40%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.75x
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
+539.79%
vs the sector median at left
Market Cap
$56.21B
EV/Sales Ratio
0.24x
TTM Avg
0.22x
3Y Avg
0.17x
5Y Avg
0.15x
Market Cap
$49.62B
EV/Sales Ratio
7.28x
TTM Avg
7.72x
3Y Avg
8.09x
5Y Avg
9.35x
Market Cap
$49.54B
EV/Sales Ratio
3.15x
TTM Avg
2.90x
3Y Avg
3.24x
5Y Avg
3.44x
Market Cap
$42.92B
EV/Sales Ratio
3.24x
TTM Avg
2.90x
3Y Avg
2.37x
5Y Avg
2.20x
Market Cap
$40.89B
EV/Sales Ratio
5.84x
TTM Avg
5.64x
3Y Avg
5.78x
5Y Avg
6.07x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Moderna, Inc. (MRNA) | $53.81B | 23.96x | 7.60x | 5.51x | 4.87x |
| Cardinal Health, Inc. (CAH)vs › | $56.21B | 0.24x | 0.22x | 0.17x | 0.15x |
| Edwards Lifesciences Corporation (EW)vs › | $49.62B | 7.28x | 7.72x | 8.09x | 9.35x |
| Becton, Dickinson and Company (BDX)vs › | $49.54B | 3.15x | 2.90x | 3.24x | 3.44x |
| Humana Inc. (HUM)vs › | $48.03B | 0.38x | 0.32x | 0.39x | 0.52x |
| Cencora, Inc. (COR)vs › | $62.91B | 0.22x | 0.22x | 0.19x | 0.18x |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $42.92B | 3.24x | 2.90x | 2.37x | 2.20x |
| IQVIA Holdings Inc. (IQV)vs › | $42.30B | 3.33x | 2.99x | 3.20x | 3.47x |
| Agilent Technologies, Inc. (A)vs › | $40.89B | 5.84x | 5.64x | 5.78x | 6.07x |
| Boston Scientific Corporation (BSX)vs › | $66.83B | 3.76x | 6.10x | 7.59x | 6.93x |
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/SALES RATIO |
|---|---|
| 2026-09-09 | 23.91x |
| 2026-09-08 | 24.75x |
| 2026-09-04 | 25.67x |
| 2026-09-03 | 26.26x |
| 2026-09-02 | 26.61x |
| 2026-09-01 | 27.22x |
| 2026-08-31 | 24.75x |
| 2026-08-28 | 24.33x |
| 2026-08-27 | 25.18x |
| 2026-08-26 | 26.40x |
| 2026-08-25 | 28.03x |
| 2026-08-24 | 24.49x |
| 2026-08-21 | 25.60x |
| 2026-08-20 | 23.50x |
| 2026-08-19 | 30.80x |
| 2026-08-18 | 10.99x |
| 2026-08-17 | 11.26x |
| 2026-08-14 | 11.06x |
| 2026-08-13 | 11.12x |
| 2026-08-12 | 11.12x |
| 2026-08-11 | 10.57x |
| 2026-08-10 | 10.43x |
| 2026-08-07 | 10.32x |
| 2026-08-06 | 9.38x |
| 2026-08-05 | 9.80x |
| 2026-08-04 | 9.93x |
| 2026-08-03 | 9.60x |
| 2026-07-31 | 9.46x |
| 2026-07-30 | 10.01x |
| 2026-07-29 | 9.40x |
| 2026-07-28 | 9.63x |
| 2026-07-27 | 9.60x |
| 2026-07-24 | 9.32x |
| 2026-07-23 | 9.85x |
| 2026-07-22 | 10.03x |
| 2026-07-21 | 10.32x |
| 2026-07-20 | 10.29x |
| 2026-07-17 | 10.70x |
| 2026-07-16 | 10.94x |
| 2026-07-15 | 11.85x |
| 2026-07-14 | 11.70x |
| 2026-07-13 | 11.62x |
| 2026-07-10 | 11.85x |
| 2026-07-09 | 13.32x |
| 2026-07-08 | 12.83x |
| 2026-07-07 | 13.89x |
| 2026-07-06 | 14.25x |
| 2026-07-02 | 13.89x |
| 2026-07-01 | 12.60x |
| 2026-06-30 | 12.16x |
| 2026-06-29 | 12.10x |
| 2026-06-26 | 11.67x |
| 2026-06-25 | 10.33x |
| 2026-06-24 | 10.45x |
| 2026-06-23 | 10.56x |
| 2026-06-22 | 10.26x |
| 2026-06-18 | 11.08x |
| 2026-06-17 | 10.70x |
| 2026-06-16 | 9.56x |
| 2026-06-15 | 8.98x |
| 2026-06-12 | 8.59x |
| 2026-06-11 | 8.54x |
| 2026-06-10 | 7.89x |
| 2026-06-09 | 8.20x |
| 2026-06-08 | 8.18x |
| 2026-06-05 | 8.15x |
| 2026-06-04 | 8.88x |
| 2026-06-03 | 8.44x |
| 2026-06-02 | 7.83x |
| 2026-06-01 | 7.90x |
| 2026-05-29 | 8.10x |
| 2026-05-28 | 8.17x |
| 2026-05-27 | 8.18x |
| 2026-05-26 | 8.07x |
| 2026-05-22 | 8.05x |
| 2026-05-21 | 8.12x |
| 2026-05-20 | 8.27x |
| 2026-05-19 | 7.84x |
| 2026-05-18 | 8.27x |
| 2026-05-15 | 8.43x |
| 2026-05-14 | 8.61x |
| 2026-05-13 | 8.68x |
| 2026-05-12 | 9.18x |
| 2026-05-11 | 9.11x |
| 2026-05-08 | 9.37x |
| 2026-05-07 | 8.34x |
| 2026-05-06 | 8.39x |
| 2026-05-05 | 8.02x |
| 2026-05-04 | 8.12x |
| 2026-05-01 | 8.80x |
| 2026-04-30 | 8.92x |
| 2026-04-29 | 8.87x |
| 2026-04-28 | 9.16x |
| 2026-04-27 | 9.48x |
| 2026-04-24 | 9.89x |
| 2026-04-23 | 10.31x |
| 2026-04-22 | 10.87x |
| 2026-04-21 | 10.59x |
| 2026-04-20 | 10.66x |
| 2026-04-17 | 10.49x |
| 2026-04-16 | 10.68x |
| 2026-04-15 | 10.60x |
| 2026-04-14 | 10.31x |
| 2026-04-13 | 9.88x |
| 2026-04-10 | 9.93x |
| 2026-04-09 | 10.00x |
| 2026-04-08 | 10.16x |
| 2026-04-07 | 9.76x |
| 2026-04-06 | 9.49x |
| 2026-04-02 | 9.58x |
| 2026-04-01 | 9.74x |
| 2026-03-31 | 9.90x |
| 2026-03-30 | 9.38x |
| 2026-03-27 | 9.65x |
| 2026-03-26 | 10.46x |
| 2026-03-25 | 10.45x |
| 2026-03-24 | 10.01x |
| 2026-03-23 | 10.00x |
| 2026-03-20 | 10.02x |
| 2026-03-19 | 10.22x |
| 2026-03-18 | 10.22x |
| 2026-03-17 | 10.53x |
| 2026-03-16 | 10.41x |
| 2026-03-13 | 10.25x |
| 2026-03-12 | 10.42x |
| 2026-03-11 | 10.94x |
| 2026-03-10 | 10.74x |
| 2026-03-09 | 10.90x |
| 2026-03-06 | 10.25x |
| 2026-03-05 | 10.51x |
| 2026-03-04 | 11.31x |
| 2026-03-03 | 9.70x |
| 2026-03-02 | 10.31x |
| 2026-02-27 | 10.46x |
| 2026-02-26 | 10.08x |
| 2026-02-25 | 10.01x |
| 2026-02-24 | 9.84x |
| 2026-02-23 | 9.80x |
| 2026-02-20 | 8.87x |
| 2026-02-19 | 8.84x |
| 2026-02-18 | 8.30x |
| 2026-02-17 | 7.83x |
| 2026-02-13 | 7.53x |
| 2026-02-12 | 7.16x |
| 2026-02-11 | 7.23x |
| 2026-02-10 | 7.49x |
| 2026-02-09 | 7.48x |
| 2026-02-06 | 7.32x |
| 2026-02-05 | 7.29x |
| 2026-02-04 | 7.63x |
| 2026-02-03 | 7.53x |
| 2026-02-02 | 7.59x |
| 2026-01-30 | 7.86x |
| 2026-01-29 | 8.35x |
| 2026-01-28 | 8.07x |
| 2026-01-27 | 8.10x |
| 2026-01-26 | 8.54x |
| 2026-01-23 | 8.67x |
| 2026-01-22 | 9.23x |
| 2026-01-21 | 8.86x |
| 2026-01-20 | 7.67x |
| 2026-01-16 | 7.46x |
| 2026-01-15 | 7.03x |
| 2026-01-14 | 7.24x |
| 2026-01-13 | 7.07x |
| 2026-01-12 | 6.06x |
| 2026-01-09 | 6.14x |
| 2026-01-08 | 6.06x |
| 2026-01-07 | 6.42x |
| 2026-01-06 | 6.38x |
| 2026-01-05 | 5.77x |
| 2026-01-02 | 5.54x |
| 2025-12-31 | 5.30x |
| 2025-12-30 | 5.46x |
| 2025-12-29 | 5.59x |
| 2025-12-26 | 5.60x |
| 2025-12-24 | 5.87x |
| 2025-12-23 | 5.79x |
| 2025-12-22 | 6.25x |
| 2025-12-19 | 6.05x |
| 2025-12-18 | 5.55x |
| 2025-12-17 | 5.47x |
| 2025-12-16 | 5.37x |
| 2025-12-15 | 5.37x |
| 2025-12-12 | 5.29x |
| 2025-12-11 | 5.32x |
| 2025-12-10 | 5.22x |
| 2025-12-09 | 5.08x |
| 2025-12-08 | 5.03x |
| 2025-12-05 | 4.98x |
| 2025-12-04 | 4.59x |
| 2025-12-03 | 4.54x |
| 2025-12-02 | 4.34x |
| 2025-12-01 | 4.36x |
| 2025-11-28 | 4.68x |
| 2025-11-26 | 4.51x |
| 2025-11-25 | 4.46x |
| 2025-11-24 | 4.36x |
| 2025-11-21 | 4.28x |
| 2025-11-20 | 4.04x |
| 2025-11-19 | 4.36x |
| 2025-11-18 | 4.49x |
| 2025-11-17 | 4.47x |
| 2025-11-14 | 4.47x |
| 2025-11-13 | 4.50x |
| 2025-11-12 | 4.81x |
| 2025-11-11 | 4.76x |
| 2025-11-10 | 4.47x |
| 2025-11-07 | 4.43x |
| 2025-11-06 | 2.91x |
| 2025-11-05 | 2.81x |
| 2025-11-04 | 2.84x |
| 2025-11-03 | 2.98x |
| 2025-10-31 | 3.27x |
| 2025-10-30 | 3.39x |
| 2025-10-29 | 2.96x |
| 2025-10-28 | 3.04x |
| 2025-10-27 | 3.20x |
| 2025-10-24 | 3.21x |
| 2025-10-23 | 3.15x |
| 2025-10-22 | 3.23x |
| 2025-10-21 | 3.31x |
| 2025-10-20 | 3.28x |
| 2025-10-17 | 3.12x |
| 2025-10-16 | 3.27x |
| 2025-10-15 | 3.34x |
| 2025-10-14 | 3.15x |
| 2025-10-13 | 3.21x |
| 2025-10-10 | 3.23x |
| 2025-10-09 | 3.31x |
| 2025-10-08 | 3.36x |
| 2025-10-07 | 3.29x |
| 2025-10-06 | 3.32x |
| 2025-10-03 | 3.44x |
| 2025-10-02 | 3.42x |
| 2025-10-01 | 3.32x |
| 2025-09-30 | 3.10x |
| 2025-09-29 | 3.04x |
| 2025-09-26 | 2.93x |
| 2025-09-25 | 2.94x |
| 2025-09-24 | 3.11x |
| 2025-09-23 | 3.09x |
| 2025-09-22 | 3.19x |
| 2025-09-19 | 3.02x |
| 2025-09-18 | 3.05x |
| 2025-09-17 | 2.99x |
| 2025-09-16 | 2.97x |
| 2025-09-15 | 2.85x |
| 2025-09-12 | 2.81x |
| 2025-09-11 | 3.04x |
| 2025-09-10 | 2.91x |
| 2025-09-09 | 2.93x |
| 2025-09-08 | 2.97x |
| 2025-09-05 | 3.01x |
| 2025-09-04 | 2.90x |
| 2025-09-03 | 2.87x |
| 2025-09-02 | 2.89x |
| 2025-08-29 | 2.88x |
| 2025-08-28 | 2.93x |
| 2025-08-27 | 3.01x |
Showing the most recent 260 of 1,948 data points. The chart above shows the full history.
