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 9.04x is in line with its estimated 5-year average of 9.28x, around the middle of its estimated 5-year range (3.31x–17.48x).
As of 2026-10-06T18:08:40.728Z. 7.29% below its estimated 12-month average of 9.75x.
Calculation as of: 2026-10-06T18:08:40.728Z.
Quote observation: 2026-10-06T18:05:25.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: f3ad3e2b9e2acb0009530607defbf35efab78f3c1185166636c486cff78b5a84
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 2026-10-05.
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
9.04x
EV/EBITDA RATIO AVG TTM
9.75x
EV/EBITDA RATIO AVG 3Y
7.03x
EV/EBITDA RATIO AVG 5Y
9.28x
EV/EBITDA RATIO AVG 10Y
N/A
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-7.29%
CURRENT VS 3Y AVG
+28.53%
CURRENT VS 5Y AVG
-2.63%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
8.09x
median of 80 covered companies
CURRENT VS SECTOR MEDIAN
+11.74%
vs the sector median at left
National Energy Services Reunited Corp.
Market Cap
$2.51B
EV/EBITDA Ratio
9.04x
TTM Avg
9.75x
3Y Avg
7.03x
5Y Avg
9.28x
Market Cap
$2.10B
EV/EBITDA Ratio
N/A
TTM Avg
30.11x
3Y Avg
59.87x
5Y Avg
52.31x
Market Cap
$2.99B
EV/EBITDA Ratio
134.94x
TTM Avg
82.91x
3Y Avg
41.47x
5Y Avg
28.32x
Market Cap
$3.18B
EV/EBITDA Ratio
5.42x
TTM Avg
5.68x
3Y Avg
4.80x
5Y Avg
4.45x
Market Cap
$1.46B
EV/EBITDA Ratio
9.94x
TTM Avg
9.19x
3Y Avg
6.98x
5Y Avg
6.01x
Market Cap
$1.43B
EV/EBITDA Ratio
21.49x
TTM Avg
23.76x
3Y Avg
20.95x
5Y Avg
33.13x
Market Cap
$1.41B
EV/EBITDA Ratio
7.64x
TTM Avg
8.07x
3Y Avg
8.52x
5Y Avg
8.61x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| National Energy Services Reunited Corp. (NESR) | $2.51B | 9.04x | 9.75x | 7.03x | 9.28x |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.10B | N/A | 30.11x | 59.87x | 52.31x |
| Centrus Energy Corp. (LEU)vs › | $2.99B | 134.94x | 82.91x | 41.47x | 28.32x |
| Sunrun Inc. (RUN)vs › | $1.86B | 15.62x | 22.79x | 22.79x | 22.79x |
| Alliance Resource Partners, L.P. (ARLP)vs › | $3.18B | 5.42x | 5.68x | 4.80x | 4.45x |
| Nextdecade Corp (NEXT)vs › | $1.83B | N/A | N/A | N/A | N/A |
| Natural Resource Partners L.P. (NRP)vs › | $1.46B | 9.94x | 9.19x | 6.98x | 6.01x |
| Shoals Technologies Group, Inc. (SHLS)vs › | $1.43B | 21.49x | 23.76x | 20.95x | 33.13x |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.41B | 7.64x | 8.07x | 8.52x | 8.61x |
| Helmerich & Payne, Inc. (HP)vs › | $3.96B | 5.76x | 7.51x | 5.73x | 12.39x |
At 9.0, EV/EBITDA is near its estimated 9-year median — higher than 60% of readings in its estimated 9-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 9-year low
3.3
median
8.0
estimated 9-year high
60.2
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 |
|---|---|
| 2026-10-05 | 8.97x |
| 2026-10-02 | 9.18x |
| 2026-10-01 | 9.28x |
| 2026-09-30 | 9.46x |
| 2026-09-29 | 9.83x |
| 2026-09-28 | 11.01x |
| 2026-09-25 | 11.83x |
| 2026-09-24 | 12.06x |
| 2026-09-23 | 12.07x |
| 2026-09-22 | 12.17x |
| 2026-09-21 | 11.92x |
| 2026-09-18 | 11.99x |
| 2026-09-17 | 11.96x |
| 2026-09-16 | 11.60x |
| 2026-09-15 | 11.81x |
| 2026-09-14 | 12.04x |
| 2026-09-11 | 12.33x |
| 2026-09-10 | 12.43x |
| 2026-09-09 | 12.74x |
| 2026-09-08 | 12.56x |
| 2026-09-04 | 12.76x |
| 2026-09-03 | 12.67x |
| 2026-09-02 | 12.75x |
| 2026-09-01 | 12.75x |
| 2026-08-31 | 12.89x |
| 2026-08-28 | 12.65x |
| 2026-08-27 | 12.86x |
| 2026-08-26 | 12.36x |
| 2026-08-25 | 12.31x |
| 2026-08-24 | 12.29x |
| 2026-08-21 | 12.15x |
| 2026-08-20 | 12.04x |
| 2026-08-19 | 12.33x |
| 2026-08-18 | 12.95x |
| 2026-08-17 | 13.12x |
| 2026-08-14 | 13.31x |
| 2026-08-13 | 13.17x |
| 2026-08-12 | 12.78x |
| 2026-08-11 | 13.21x |
| 2026-08-10 | 15.43x |
| 2026-08-07 | 12.68x |
| 2026-08-06 | 12.61x |
| 2026-08-05 | 12.32x |
| 2026-08-04 | 12.58x |
| 2026-08-03 | 12.17x |
| 2026-07-31 | 11.84x |
| 2026-07-30 | 11.63x |
| 2026-07-29 | 10.80x |
| 2026-07-28 | 11.27x |
| 2026-07-27 | 11.80x |
| 2026-07-24 | 12.11x |
| 2026-07-23 | 12.21x |
| 2026-07-22 | 12.64x |
| 2026-07-21 | 12.45x |
| 2026-07-20 | 11.95x |
| 2026-07-17 | 12.26x |
| 2026-07-16 | 12.21x |
| 2026-07-15 | 12.63x |
| 2026-07-14 | 12.79x |
| 2026-07-13 | 12.34x |
| 2026-07-10 | 12.52x |
| 2026-07-09 | 12.21x |
| 2026-07-08 | 11.94x |
| 2026-07-07 | 12.17x |
| 2026-07-06 | 12.11x |
| 2026-07-02 | 12.22x |
| 2026-07-01 | 12.59x |
| 2026-06-30 | 13.05x |
| 2026-06-29 | 12.46x |
| 2026-06-26 | 12.36x |
| 2026-06-25 | 11.85x |
| 2026-06-24 | 11.11x |
| 2026-06-23 | 11.07x |
| 2026-06-22 | 11.07x |
| 2026-06-18 | 10.85x |
| 2026-06-17 | 10.64x |
| 2026-06-16 | 11.02x |
| 2026-06-15 | 11.49x |
| 2026-06-12 | 11.65x |
| 2026-06-11 | 10.99x |
| 2026-06-10 | 10.44x |
| 2026-06-09 | 10.66x |
| 2026-06-08 | 11.09x |
| 2026-06-05 | 10.59x |
| 2026-06-04 | 11.18x |
| 2026-06-03 | 11.04x |
| 2026-06-02 | 10.93x |
| 2026-06-01 | 10.80x |
| 2026-05-29 | 10.78x |
| 2026-05-28 | 10.75x |
| 2026-05-27 | 11.14x |
| 2026-05-26 | 11.40x |
| 2026-05-22 | 11.35x |
| 2026-05-21 | 11.57x |
| 2026-05-20 | 11.49x |
| 2026-05-19 | 11.21x |
| 2026-05-18 | 11.45x |
| 2026-05-15 | 11.23x |
| 2026-05-14 | 11.45x |
| 2026-05-13 | 11.73x |
| 2026-05-12 | 11.79x |
| 2026-05-11 | 11.77x |
| 2026-05-08 | 10.77x |
| 2026-05-07 | 10.88x |
| 2026-05-06 | 11.49x |
| 2026-05-05 | 11.33x |
| 2026-05-04 | 11.20x |
| 2026-05-01 | 11.47x |
| 2026-04-30 | 11.56x |
| 2026-04-29 | 11.26x |
| 2026-04-28 | 11.59x |
| 2026-04-27 | 11.51x |
| 2026-04-24 | 11.34x |
| 2026-04-23 | 11.00x |
| 2026-04-22 | 11.03x |
| 2026-04-21 | 11.10x |
| 2026-04-20 | 10.96x |
| 2026-04-17 | 11.28x |
| 2026-04-16 | 10.95x |
| 2026-04-15 | 10.83x |
| 2026-04-14 | 10.84x |
| 2026-04-13 | 10.82x |
| 2026-04-10 | 10.73x |
| 2026-04-09 | 11.08x |
| 2026-04-08 | 11.18x |
| 2026-04-07 | 10.17x |
| 2026-04-06 | 9.96x |
| 2026-04-02 | 10.58x |
| 2026-04-01 | 10.32x |
| 2026-03-31 | 10.08x |
| 2026-03-30 | 9.80x |
| 2026-03-27 | 10.10x |
| 2026-03-26 | 10.06x |
| 2026-03-25 | 10.45x |
| 2026-03-24 | 10.37x |
| 2026-03-23 | 10.28x |
| 2026-03-20 | 9.73x |
| 2026-03-19 | 9.91x |
| 2026-03-18 | 9.68x |
| 2026-03-17 | 9.78x |
| 2026-03-16 | 9.71x |
| 2026-03-13 | 9.09x |
| 2026-03-12 | 9.14x |
| 2026-03-11 | 9.66x |
| 2026-03-10 | 9.85x |
| 2026-03-09 | 9.77x |
| 2026-03-06 | 9.28x |
| 2026-03-05 | 9.73x |
| 2026-03-04 | 9.96x |
| 2026-03-03 | 10.27x |
| 2026-03-02 | 10.78x |
| 2026-02-27 | 10.92x |
| 2026-02-26 | 10.96x |
| 2026-02-25 | 11.26x |
| 2026-02-24 | 11.43x |
| 2026-02-23 | 11.31x |
| 2026-02-20 | 10.67x |
| 2026-02-19 | 10.59x |
| 2026-02-18 | 10.77x |
| 2026-02-17 | 10.58x |
| 2026-02-13 | 9.27x |
| 2026-02-12 | 9.15x |
| 2026-02-11 | 9.49x |
| 2026-02-10 | 9.18x |
| 2026-02-09 | 9.31x |
| 2026-02-06 | 9.28x |
| 2026-02-05 | 8.99x |
| 2026-02-04 | 9.12x |
| 2026-02-03 | 9.28x |
| 2026-02-02 | 9.16x |
| 2026-01-30 | 8.82x |
| 2026-01-29 | 8.81x |
| 2026-01-28 | 8.67x |
| 2026-01-27 | 8.92x |
| 2026-01-26 | 9.05x |
| 2026-01-23 | 9.10x |
| 2026-01-22 | 8.98x |
| 2026-01-21 | 8.88x |
| 2026-01-20 | 8.30x |
| 2026-01-16 | 8.23x |
| 2026-01-15 | 8.34x |
| 2026-01-14 | 8.27x |
| 2026-01-13 | 8.07x |
| 2026-01-12 | 8.08x |
| 2026-01-09 | 8.02x |
| 2026-01-08 | 8.03x |
| 2026-01-07 | 7.50x |
| 2026-01-06 | 7.61x |
| 2026-01-05 | 7.42x |
| 2026-01-02 | 7.30x |
| 2025-12-31 | 7.24x |
| 2025-12-30 | 7.23x |
| 2025-12-29 | 7.08x |
| 2025-12-26 | 7.02x |
| 2025-12-24 | 7.01x |
| 2025-12-23 | 7.02x |
| 2025-12-22 | 6.94x |
| 2025-12-19 | 6.88x |
| 2025-12-18 | 6.79x |
| 2025-12-17 | 6.78x |
| 2025-12-16 | 6.77x |
| 2025-12-15 | 6.92x |
| 2025-12-12 | 6.94x |
| 2025-12-11 | 6.97x |
| 2025-12-10 | 6.96x |
| 2025-12-09 | 6.92x |
| 2025-12-08 | 6.76x |
| 2025-12-05 | 6.94x |
| 2025-12-04 | 6.88x |
| 2025-12-03 | 6.88x |
| 2025-12-02 | 6.57x |
| 2025-12-01 | 6.58x |
| 2025-11-28 | 6.57x |
| 2025-11-26 | 6.59x |
| 2025-11-25 | 6.73x |
| 2025-11-24 | 6.72x |
| 2025-11-21 | 6.51x |
| 2025-11-20 | 6.36x |
| 2025-11-19 | 6.58x |
| 2025-11-18 | 6.69x |
| 2025-11-17 | 6.56x |
| 2025-11-14 | 6.50x |
| 2025-11-13 | 5.91x |
| 2025-11-12 | 5.57x |
| 2025-11-11 | 5.67x |
| 2025-11-10 | 5.62x |
| 2025-11-07 | 5.34x |
| 2025-11-06 | 5.35x |
| 2025-11-05 | 5.36x |
| 2025-11-04 | 5.31x |
| 2025-11-03 | 5.39x |
| 2025-10-31 | 5.42x |
| 2025-10-30 | 5.80x |
| 2025-10-29 | 5.95x |
| 2025-10-28 | 5.32x |
| 2025-10-27 | 5.40x |
| 2025-10-24 | 5.35x |
| 2025-10-23 | 5.24x |
| 2025-10-22 | 5.01x |
| 2025-10-21 | 5.05x |
| 2025-10-20 | 4.97x |
| 2025-10-17 | 4.71x |
| 2025-10-16 | 4.67x |
| 2025-10-15 | 4.63x |
| 2025-10-14 | 4.65x |
| 2025-10-13 | 4.58x |
| 2025-10-10 | 4.63x |
| 2025-10-09 | 4.50x |
| 2025-10-08 | 4.56x |
| 2025-10-07 | 4.56x |
| 2025-10-06 | 4.60x |
| 2025-10-03 | 4.59x |
| 2025-10-02 | 4.54x |
| 2025-10-01 | 4.62x |
| 2025-09-30 | 4.58x |
| 2025-09-29 | 4.66x |
| 2025-09-26 | 4.67x |
| 2025-09-25 | 4.66x |
| 2025-09-24 | 4.66x |
| 2025-09-23 | 4.62x |
Showing the most recent 260 of 1,663 data points. The chart above shows the full history.
