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 22.59x is 36% above its estimated 5-year average of 16.65x, near the high end of its estimated 5-year range (7.20x–24.61x).
As of 2026-09-25T22:16:08.600Z. 44.60% above its estimated 12-month average of 15.62x.
Calculation as of: 2026-09-25T22:16:08.600Z.
Quote observation: 2026-09-25T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: b3b90a7762a2408dbcb58fd8e58eb127fedbe776203d52c082fee2eaf22e35e3
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
22.59x
EV/EBITDA RATIO AVG TTM
15.62x
EV/EBITDA RATIO AVG 3Y
15.05x
EV/EBITDA RATIO AVG 5Y
16.65x
EV/EBITDA RATIO AVG 10Y
20.50x
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+44.60%
CURRENT VS 3Y AVG
+50.07%
CURRENT VS 5Y AVG
+35.66%
CURRENT VS 10Y AVG
+10.20%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
15.91x
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+41.99%
vs the sector median at left
Market Cap
$44.58M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.11B
EV/EBITDA Ratio
13.47x
TTM Avg
31.72x
3Y Avg
207.06x
5Y Avg
207.06x
Market Cap
$1.88B
EV/EBITDA Ratio
4.63x
TTM Avg
7.24x
3Y Avg
37.71x
5Y Avg
27.96x
Market Cap
$2.95B
EV/EBITDA Ratio
28.32x
TTM Avg
36.95x
3Y Avg
87.17x
5Y Avg
87.17x
Market Cap
$5.22B
EV/EBITDA Ratio
16.59x
TTM Avg
16.11x
3Y Avg
20.05x
5Y Avg
21.93x
Market Cap
$5.83B
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NRC Health (NRC) | $441.04M | 22.59x | 15.62x | 15.05x | 16.65x |
| Shoulder Innovations, Inc. (SI)vs › | $352.34M | N/A | N/A | N/A | N/A |
| PDS Biotechnology Corporation (PDSB)vs › | $44.58M | N/A | N/A | N/A | N/A |
| Teladoc Health, Inc. (TDOC)vs › | $1.11B | 13.47x | 31.72x | 207.06x | 207.06x |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $1.88B | 4.63x | 7.24x | 37.71x | 27.96x |
| TransMedics Group, Inc. (TMDX)vs › | $2.95B | 28.32x | 36.95x | 87.17x | 87.17x |
| Doximity, Inc. (DOCS)vs › | $4.93B | 22.04x | 28.46x | 37.30x | 54.31x |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.22B | 16.59x | 16.11x | 20.05x | 21.93x |
| Scholar Rock Holding Corporation (SRRK)vs › | $5.83B | N/A | N/A | N/A | N/A |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.56B | N/A | 64.66x | 316.14x | 316.14x |
At 22.6, EV/EBITDA is above its estimated 13-year median — higher than 72% of readings in its estimated 13-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 13-year low
5.5
median
17.4
estimated 13-year high
41.2
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 |
|---|---|
| 2026-09-11 | 23.60x |
| 2026-09-10 | 23.74x |
| 2026-09-09 | 23.43x |
| 2026-09-08 | 23.67x |
| 2026-09-04 | 23.99x |
| 2026-09-03 | 23.73x |
| 2026-09-02 | 22.56x |
| 2026-09-01 | 22.96x |
| 2026-08-31 | 23.43x |
| 2026-08-28 | 24.29x |
| 2026-08-27 | 24.44x |
| 2026-08-26 | 24.43x |
| 2026-08-25 | 24.45x |
| 2026-08-24 | 24.36x |
| 2026-08-21 | 24.61x |
| 2026-08-20 | 24.26x |
| 2026-08-19 | 24.41x |
| 2026-08-18 | 24.44x |
| 2026-08-17 | 24.22x |
| 2026-08-14 | 23.67x |
| 2026-08-13 | 23.78x |
| 2026-08-12 | 23.12x |
| 2026-08-11 | 23.85x |
| 2026-08-10 | 23.40x |
| 2026-08-07 | 22.87x |
| 2026-08-06 | 22.05x |
| 2026-08-05 | 22.12x |
| 2026-08-04 | 18.15x |
| 2026-08-03 | 18.08x |
| 2026-07-31 | 18.08x |
| 2026-07-30 | 17.61x |
| 2026-07-29 | 17.13x |
| 2026-07-28 | 20.31x |
| 2026-07-27 | 19.47x |
| 2026-07-24 | 19.29x |
| 2026-07-23 | 19.12x |
| 2026-07-22 | 19.72x |
| 2026-07-21 | 19.64x |
| 2026-07-20 | 19.58x |
| 2026-07-17 | 19.87x |
| 2026-07-16 | 20.00x |
| 2026-07-15 | 19.78x |
| 2026-07-14 | 20.03x |
| 2026-07-13 | 19.91x |
| 2026-07-10 | 19.77x |
| 2026-07-09 | 19.82x |
| 2026-07-08 | 19.94x |
| 2026-07-07 | 20.65x |
| 2026-07-06 | 20.44x |
| 2026-07-02 | 20.36x |
| 2026-07-01 | 20.31x |
| 2026-06-30 | 19.71x |
| 2026-06-29 | 19.76x |
| 2026-06-26 | 19.11x |
| 2026-06-25 | 18.90x |
| 2026-06-24 | 19.02x |
| 2026-06-23 | 18.50x |
| 2026-06-22 | 18.07x |
| 2026-06-18 | 17.32x |
| 2026-06-17 | 16.70x |
| 2026-06-16 | 17.26x |
| 2026-06-15 | 17.14x |
| 2026-06-12 | 17.52x |
| 2026-06-11 | 17.52x |
| 2026-06-10 | 19.48x |
| 2026-06-09 | 18.27x |
| 2026-06-08 | 17.94x |
| 2026-06-05 | 17.79x |
| 2026-06-04 | 18.27x |
| 2026-06-03 | 17.71x |
| 2026-06-02 | 18.15x |
| 2026-06-01 | 18.67x |
| 2026-05-29 | 18.10x |
| 2026-05-28 | 18.20x |
| 2026-05-27 | 17.78x |
| 2026-05-26 | 17.71x |
| 2026-05-22 | 17.75x |
| 2026-05-21 | 17.71x |
| 2026-05-20 | 17.89x |
| 2026-05-19 | 17.49x |
| 2026-05-18 | 17.48x |
| 2026-05-15 | 17.38x |
| 2026-05-14 | 17.63x |
| 2026-05-13 | 17.42x |
| 2026-05-12 | 17.83x |
| 2026-05-11 | 17.45x |
| 2026-05-08 | 17.49x |
| 2026-05-07 | 17.47x |
| 2026-05-06 | 15.37x |
| 2026-05-05 | 16.01x |
| 2026-05-04 | 15.63x |
| 2026-05-01 | 15.05x |
| 2026-04-30 | 14.36x |
| 2026-04-29 | 14.42x |
| 2026-04-28 | 14.63x |
| 2026-04-27 | 14.83x |
| 2026-04-24 | 14.92x |
| 2026-04-23 | 14.93x |
| 2026-04-22 | 15.11x |
| 2026-04-21 | 14.88x |
| 2026-04-20 | 15.60x |
| 2026-04-17 | 15.49x |
| 2026-04-16 | 15.20x |
| 2026-04-15 | 15.36x |
| 2026-04-14 | 14.78x |
| 2026-04-13 | 14.62x |
| 2026-04-10 | 14.37x |
| 2026-04-09 | 14.79x |
| 2026-04-08 | 14.94x |
| 2026-04-07 | 14.78x |
| 2026-04-06 | 14.99x |
| 2026-04-02 | 14.86x |
| 2026-04-01 | 14.99x |
| 2026-03-31 | 14.73x |
| 2026-03-30 | 14.85x |
| 2026-03-27 | 14.84x |
| 2026-03-26 | 15.12x |
| 2026-03-25 | 14.88x |
| 2026-03-24 | 15.07x |
| 2026-03-23 | 15.12x |
| 2026-03-20 | 14.98x |
| 2026-03-19 | 14.97x |
| 2026-03-18 | 15.16x |
| 2026-03-17 | 15.28x |
| 2026-03-16 | 15.04x |
| 2026-03-13 | 14.40x |
| 2026-03-12 | 14.39x |
| 2026-03-11 | 14.03x |
| 2026-03-10 | 14.22x |
| 2026-03-09 | 13.28x |
| 2026-03-06 | 13.01x |
| 2026-03-05 | 11.45x |
| 2026-03-04 | 10.85x |
| 2026-03-03 | 11.02x |
| 2026-03-02 | 11.32x |
| 2026-02-27 | 11.03x |
| 2026-02-26 | 11.05x |
| 2026-02-25 | 10.72x |
| 2026-02-24 | 10.43x |
| 2026-02-23 | 10.44x |
| 2026-02-20 | 11.21x |
| 2026-02-19 | 10.41x |
| 2026-02-18 | 10.33x |
| 2026-02-17 | 10.13x |
| 2026-02-13 | 10.16x |
| 2026-02-12 | 10.66x |
| 2026-02-11 | 11.26x |
| 2026-02-10 | 11.79x |
| 2026-02-09 | 12.32x |
| 2026-02-06 | 12.69x |
| 2026-02-05 | 12.68x |
| 2026-02-04 | 12.25x |
| 2026-02-03 | 13.79x |
| 2026-02-02 | 16.59x |
| 2026-01-30 | 15.57x |
| 2026-01-29 | 15.38x |
| 2026-01-28 | 15.23x |
| 2026-01-27 | 15.58x |
| 2026-01-26 | 15.88x |
| 2026-01-23 | 16.05x |
| 2026-01-22 | 16.67x |
| 2026-01-21 | 16.97x |
| 2026-01-20 | 16.59x |
| 2026-01-16 | 16.80x |
| 2026-01-15 | 16.20x |
| 2026-01-14 | 15.90x |
| 2026-01-13 | 15.93x |
| 2026-01-12 | 15.63x |
| 2026-01-09 | 15.17x |
| 2026-01-08 | 15.02x |
| 2026-01-07 | 14.63x |
| 2026-01-06 | 14.89x |
| 2026-01-05 | 14.56x |
| 2026-01-02 | 14.06x |
| 2025-12-31 | 14.54x |
| 2025-12-30 | 14.47x |
| 2025-12-29 | 14.68x |
| 2025-12-26 | 14.47x |
| 2025-12-24 | 14.57x |
| 2025-12-23 | 14.70x |
| 2025-12-22 | 14.62x |
| 2025-12-19 | 14.50x |
| 2025-12-18 | 14.89x |
| 2025-12-17 | 14.46x |
| 2025-12-16 | 14.32x |
| 2025-12-15 | 14.04x |
| 2025-12-12 | 13.80x |
| 2025-12-11 | 13.66x |
| 2025-12-10 | 13.34x |
| 2025-12-09 | 12.76x |
| 2025-12-08 | 12.63x |
| 2025-12-05 | 12.65x |
| 2025-12-04 | 12.94x |
| 2025-12-03 | 12.84x |
| 2025-12-02 | 12.86x |
| 2025-12-01 | 13.25x |
| 2025-11-28 | 13.38x |
| 2025-11-26 | 13.56x |
| 2025-11-25 | 14.05x |
| 2025-11-24 | 13.59x |
| 2025-11-21 | 13.82x |
| 2025-11-20 | 13.13x |
| 2025-11-19 | 12.93x |
| 2025-11-18 | 12.76x |
| 2025-11-17 | 12.74x |
| 2025-11-14 | 12.23x |
| 2025-11-13 | 12.43x |
| 2025-11-12 | 12.36x |
| 2025-11-11 | 12.03x |
| 2025-11-10 | 11.74x |
| 2025-11-07 | 11.99x |
| 2025-11-06 | 11.75x |
| 2025-11-05 | 11.57x |
| 2025-11-04 | 11.38x |
| 2025-11-03 | 11.02x |
| 2025-10-31 | 11.10x |
| 2025-10-30 | 10.92x |
| 2025-10-29 | 11.16x |
| 2025-10-28 | 11.02x |
| 2025-10-27 | 9.81x |
| 2025-10-24 | 9.97x |
| 2025-10-23 | 9.97x |
| 2025-10-22 | 10.13x |
| 2025-10-21 | 10.25x |
| 2025-10-20 | 10.15x |
| 2025-10-17 | 9.93x |
| 2025-10-16 | 9.98x |
| 2025-10-15 | 9.83x |
| 2025-10-14 | 9.87x |
| 2025-10-13 | 9.85x |
| 2025-10-10 | 9.85x |
| 2025-10-09 | 10.01x |
| 2025-10-08 | 10.14x |
| 2025-10-07 | 10.21x |
| 2025-10-06 | 10.24x |
| 2025-10-03 | 10.33x |
| 2025-10-02 | 10.50x |
| 2025-10-01 | 10.53x |
| 2025-09-30 | 10.71x |
| 2025-09-29 | 10.71x |
| 2025-09-26 | 11.06x |
| 2025-09-25 | 11.42x |
| 2025-09-24 | 11.89x |
| 2025-09-23 | 11.97x |
| 2025-09-22 | 12.33x |
| 2025-09-19 | 12.05x |
| 2025-09-18 | 12.78x |
| 2025-09-17 | 12.79x |
| 2025-09-16 | 12.89x |
| 2025-09-15 | 12.98x |
| 2025-09-12 | 12.86x |
| 2025-09-11 | 12.98x |
| 2025-09-10 | 12.78x |
| 2025-09-09 | 12.94x |
| 2025-09-08 | 12.69x |
| 2025-09-05 | 12.45x |
| 2025-09-04 | 12.16x |
| 2025-09-03 | 12.01x |
| 2025-09-02 | 12.23x |
| 2025-08-29 | 11.98x |
Showing the most recent 260 of 3,346 data points. The chart above shows the full history.
