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 22.16x is 13% below its 5-year average of 25.42x, near the low end of its 5-year range (18.03x–38.42x).
As of Friday, September 4, 2026. 5.57% below its 12-month average of 23.47x.
EV/EBITDA RATIO
22.16x
EV/EBITDA RATIO AVG TTM
23.47x
EV/EBITDA RATIO AVG 3Y
23.57x
EV/EBITDA RATIO AVG 5Y
25.42x
EV/EBITDA RATIO AVG 10Y
25.42x
EV/EBITDA RATIO AVG 15Y
22.44x
EV/EBITDA RATIO AVG 20Y
19.45x
CURRENT VS TTM AVG
-5.57%
CURRENT VS 3Y AVG
-5.99%
CURRENT VS 5Y AVG
-12.83%
CURRENT VS 10Y AVG
-12.81%
CURRENT VS 15Y AVG
-1.23%
CURRENT VS 20Y AVG
+13.94%
SECTOR MEDIAN · HEALTHCARE
17.05x
median of 83 covered companies
CURRENT VS SECTOR MEDIAN
+29.97%
vs the sector median at left
Mettler-Toledo International Inc.
Market Cap
$26.79B
EV/EBITDA Ratio
22.16x
TTM Avg
23.47x
3Y Avg
23.57x
5Y Avg
25.42x
Market Cap
$26.64B
EV/EBITDA Ratio
14.45x
TTM Avg
13.98x
3Y Avg
15.98x
5Y Avg
12.90x
Market Cap
$25.99B
EV/EBITDA Ratio
16.18x
TTM Avg
13.70x
3Y Avg
13.14x
5Y Avg
11.48x
Market Cap
$25.22B
EV/EBITDA Ratio
11.60x
TTM Avg
12.56x
3Y Avg
62.97x
5Y Avg
46.47x
Market Cap
$23.79B
EV/EBITDA Ratio
27.82x
TTM Avg
25.24x
3Y Avg
27.35x
5Y Avg
28.44x
Market Cap
$30.13B
EV/EBITDA Ratio
48.41x
TTM Avg
26.86x
3Y Avg
23.33x
5Y Avg
22.46x
Market Cap
$30.16B
EV/EBITDA Ratio
10.96x
TTM Avg
11.79x
3Y Avg
13.20x
5Y Avg
13.26x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mettler-Toledo International Inc. (MTD) | $26.79B | 22.16x | 23.47x | 23.57x | 25.42x |
| Labcorp Holdings Inc. (LH)vs › | $26.64B | 14.45x | 13.98x | 15.98x | 12.90x |
| Quest Diagnostics Incorporated (DGX)vs › | $25.99B | 16.18x | 13.70x | 13.14x | 11.48x |
| Incyte Corporation (INCY)vs › | $25.22B | 11.60x | 12.56x | 62.97x | 46.47x |
| BioNTech SE (BNTX)vs › | $24.78B | N/A | 4.16x | 5.53x | 5.53x |
| Medline Inc. (MDLN)vs › | $29.33B | 15.18x | 14.95x | 14.95x | 14.95x |
| West Pharmaceutical Services, Inc. (WST)vs › | $23.79B | 27.82x | 25.24x | 27.35x | 28.44x |
| Waters Corporation (WAT)vs › | $30.13B | 48.41x | 26.86x | 23.33x | 22.46x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.16B | 10.96x | 11.79x | 13.20x | 13.26x |
| Zoetis Inc. (ZTS)vs › | $30.86B | 9.85x | 13.61x | 19.59x | 22.55x |
At 22.2, EV/EBITDA is near its 20-year median — higher than 60% of readings in its 20-year history.
20-year low
2.2
median
19.3
20-year high
39.1
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 |
|---|---|
| 2026-09-04 | 22.16x |
| 2026-09-03 | 22.33x |
| 2026-09-02 | 22.51x |
| 2026-09-01 | 22.63x |
| 2026-08-31 | 23.08x |
| 2026-08-28 | 22.98x |
| 2026-08-27 | 23.11x |
| 2026-08-26 | 22.98x |
| 2026-08-25 | 23.03x |
| 2026-08-24 | 22.98x |
| 2026-08-21 | 22.93x |
| 2026-08-20 | 22.90x |
| 2026-08-19 | 23.38x |
| 2026-08-18 | 23.00x |
| 2026-08-17 | 23.27x |
| 2026-08-14 | 23.29x |
| 2026-08-13 | 23.47x |
| 2026-08-12 | 23.59x |
| 2026-08-11 | 23.57x |
| 2026-08-10 | 23.42x |
| 2026-08-07 | 23.45x |
| 2026-08-06 | 23.33x |
| 2026-08-05 | 23.33x |
| 2026-08-04 | 23.57x |
| 2026-08-03 | 23.69x |
| 2026-07-31 | 23.25x |
| 2026-07-30 | 23.69x |
| 2026-07-29 | 23.81x |
| 2026-07-28 | 23.81x |
| 2026-07-27 | 22.98x |
| 2026-07-24 | 22.84x |
| 2026-07-23 | 22.91x |
| 2026-07-22 | 22.18x |
| 2026-07-21 | 22.37x |
| 2026-07-20 | 21.99x |
| 2026-07-17 | 22.56x |
| 2026-07-16 | 22.96x |
| 2026-07-15 | 22.67x |
| 2026-07-14 | 22.64x |
| 2026-07-13 | 22.40x |
| 2026-07-10 | 22.34x |
| 2026-07-09 | 22.21x |
| 2026-07-08 | 21.59x |
| 2026-07-07 | 22.33x |
| 2026-07-06 | 22.33x |
| 2026-07-02 | 22.54x |
| 2026-07-01 | 22.41x |
| 2026-06-30 | 22.05x |
| 2026-06-29 | 21.75x |
| 2026-06-26 | 21.83x |
| 2026-06-25 | 21.50x |
| 2026-06-24 | 20.86x |
| 2026-06-23 | 20.12x |
| 2026-06-22 | 20.24x |
| 2026-06-18 | 19.93x |
| 2026-06-17 | 19.69x |
| 2026-06-16 | 20.04x |
| 2026-06-15 | 20.09x |
| 2026-06-12 | 19.72x |
| 2026-06-11 | 19.88x |
| 2026-06-10 | 19.74x |
| 2026-06-09 | 20.22x |
| 2026-06-08 | 19.84x |
| 2026-06-05 | 20.08x |
| 2026-06-04 | 20.50x |
| 2026-06-03 | 20.32x |
| 2026-06-02 | 20.33x |
| 2026-06-01 | 20.55x |
| 2026-05-29 | 20.50x |
| 2026-05-28 | 20.23x |
| 2026-05-27 | 19.12x |
| 2026-05-26 | 19.24x |
| 2026-05-22 | 19.27x |
| 2026-05-21 | 19.07x |
| 2026-05-20 | 18.94x |
| 2026-05-19 | 18.43x |
| 2026-05-18 | 18.82x |
| 2026-05-15 | 18.13x |
| 2026-05-14 | 18.29x |
| 2026-05-13 | 18.03x |
| 2026-05-12 | 18.78x |
| 2026-05-11 | 18.88x |
| 2026-05-08 | 19.61x |
| 2026-05-07 | 23.44x |
| 2026-05-06 | 23.59x |
| 2026-05-05 | 23.17x |
| 2026-05-04 | 22.48x |
| 2026-05-01 | 22.59x |
| 2026-04-30 | 22.74x |
| 2026-04-29 | 22.15x |
| 2026-04-28 | 22.51x |
| 2026-04-27 | 22.71x |
| 2026-04-24 | 22.84x |
| 2026-04-23 | 22.54x |
| 2026-04-22 | 23.29x |
| 2026-04-21 | 23.52x |
| 2026-04-20 | 23.53x |
| 2026-04-17 | 23.79x |
| 2026-04-16 | 22.98x |
| 2026-04-15 | 23.39x |
| 2026-04-14 | 23.81x |
| 2026-04-13 | 23.88x |
| 2026-04-10 | 23.54x |
| 2026-04-09 | 23.70x |
| 2026-04-08 | 23.50x |
| 2026-04-07 | 22.63x |
| 2026-04-06 | 22.58x |
| 2026-04-02 | 22.47x |
| 2026-04-01 | 22.70x |
| 2026-03-31 | 22.49x |
| 2026-03-30 | 22.27x |
| 2026-03-27 | 22.01x |
| 2026-03-26 | 22.63x |
| 2026-03-25 | 22.56x |
| 2026-03-24 | 22.54x |
| 2026-03-23 | 22.13x |
| 2026-03-20 | 21.56x |
| 2026-03-19 | 21.33x |
| 2026-03-18 | 21.35x |
| 2026-03-17 | 21.60x |
| 2026-03-16 | 21.47x |
| 2026-03-13 | 21.06x |
| 2026-03-12 | 20.96x |
| 2026-03-11 | 21.96x |
| 2026-03-10 | 22.01x |
| 2026-03-09 | 22.28x |
| 2026-03-06 | 21.65x |
| 2026-03-05 | 22.49x |
| 2026-03-04 | 22.91x |
| 2026-03-03 | 23.40x |
| 2026-03-02 | 23.54x |
| 2026-02-27 | 24.22x |
| 2026-02-26 | 24.39x |
| 2026-02-25 | 24.44x |
| 2026-02-24 | 24.43x |
| 2026-02-23 | 24.65x |
| 2026-02-20 | 24.40x |
| 2026-02-19 | 24.38x |
| 2026-02-18 | 24.36x |
| 2026-02-17 | 24.00x |
| 2026-02-13 | 24.12x |
| 2026-02-12 | 24.07x |
| 2026-02-11 | 24.64x |
| 2026-02-10 | 24.75x |
| 2026-02-09 | 24.45x |
| 2026-02-06 | 24.33x |
| 2026-02-05 | 24.82x |
| 2026-02-04 | 24.93x |
| 2026-02-03 | 24.60x |
| 2026-02-02 | 24.86x |
| 2026-01-30 | 24.66x |
| 2026-01-29 | 24.98x |
| 2026-01-28 | 25.13x |
| 2026-01-27 | 25.52x |
| 2026-01-26 | 25.53x |
| 2026-01-23 | 25.21x |
| 2026-01-22 | 25.74x |
| 2026-01-21 | 25.82x |
| 2026-01-20 | 25.16x |
| 2026-01-16 | 26.11x |
| 2026-01-15 | 26.71x |
| 2026-01-14 | 26.53x |
| 2026-01-13 | 26.52x |
| 2026-01-12 | 26.64x |
| 2026-01-09 | 26.52x |
| 2026-01-08 | 26.19x |
| 2026-01-07 | 26.29x |
| 2026-01-06 | 26.52x |
| 2026-01-05 | 25.88x |
| 2026-01-02 | 25.29x |
| 2025-12-31 | 25.01x |
| 2025-12-30 | 25.34x |
| 2025-12-29 | 25.43x |
| 2025-12-26 | 25.44x |
| 2025-12-24 | 25.39x |
| 2025-12-23 | 25.35x |
| 2025-12-22 | 25.31x |
| 2025-12-19 | 25.14x |
| 2025-12-18 | 24.93x |
| 2025-12-17 | 24.85x |
| 2025-12-16 | 24.88x |
| 2025-12-15 | 25.31x |
| 2025-12-12 | 25.00x |
| 2025-12-11 | 25.46x |
| 2025-12-10 | 25.20x |
| 2025-12-09 | 24.63x |
| 2025-12-08 | 24.79x |
| 2025-12-05 | 25.35x |
| 2025-12-04 | 25.48x |
| 2025-12-03 | 25.68x |
| 2025-12-02 | 25.89x |
| 2025-12-01 | 26.24x |
| 2025-11-28 | 26.38x |
| 2025-11-26 | 26.55x |
| 2025-11-25 | 26.87x |
| 2025-11-24 | 26.27x |
| 2025-11-21 | 25.98x |
| 2025-11-20 | 25.09x |
| 2025-11-19 | 25.18x |
| 2025-11-18 | 25.04x |
| 2025-11-17 | 24.92x |
| 2025-11-14 | 25.15x |
| 2025-11-13 | 25.31x |
| 2025-11-12 | 25.90x |
| 2025-11-11 | 25.85x |
| 2025-11-10 | 25.65x |
| 2025-11-07 | 25.76x |
| 2025-11-06 | 26.27x |
| 2025-11-05 | 26.27x |
| 2025-11-04 | 25.94x |
| 2025-11-03 | 25.71x |
| 2025-10-31 | 25.87x |
| 2025-10-30 | 25.21x |
| 2025-10-29 | 25.50x |
| 2025-10-28 | 25.68x |
| 2025-10-27 | 25.93x |
| 2025-10-24 | 26.18x |
| 2025-10-23 | 26.24x |
| 2025-10-22 | 25.28x |
| 2025-10-21 | 25.35x |
| 2025-10-20 | 24.87x |
| 2025-10-17 | 24.73x |
| 2025-10-16 | 24.91x |
| 2025-10-15 | 23.96x |
| 2025-10-14 | 23.94x |
| 2025-10-13 | 23.63x |
| 2025-10-10 | 23.44x |
| 2025-10-09 | 24.02x |
| 2025-10-08 | 24.38x |
| 2025-10-07 | 24.05x |
| 2025-10-06 | 24.66x |
| 2025-10-03 | 24.13x |
| 2025-10-02 | 23.90x |
| 2025-10-01 | 23.72x |
| 2025-09-30 | 22.66x |
| 2025-09-29 | 22.04x |
| 2025-09-26 | 22.26x |
| 2025-09-25 | 22.35x |
| 2025-09-24 | 22.91x |
| 2025-09-23 | 23.16x |
| 2025-09-22 | 23.18x |
| 2025-09-19 | 23.31x |
| 2025-09-18 | 23.67x |
| 2025-09-17 | 23.45x |
| 2025-09-16 | 23.49x |
| 2025-09-15 | 23.21x |
| 2025-09-12 | 23.20x |
| 2025-09-11 | 23.60x |
| 2025-09-10 | 23.09x |
| 2025-09-09 | 23.64x |
| 2025-09-08 | 24.14x |
| 2025-09-05 | 23.99x |
| 2025-09-04 | 23.68x |
| 2025-09-03 | 23.36x |
| 2025-09-02 | 23.48x |
| 2025-08-29 | 23.91x |
| 2025-08-28 | 23.61x |
| 2025-08-27 | 23.64x |
| 2025-08-26 | 23.63x |
| 2025-08-25 | 23.72x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
