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 14.96x is 11% below its estimated 4-year average of 16.77x, near the low end of its estimated 4-year range (6.40x–37.35x).
As of 2026-09-26T00:16:00.446Z. 25.64% below its estimated 12-month average of 20.12x.
Calculation as of: 2026-09-26T00:16:00.446Z.
Quote observation: 2026-09-25T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: cca98a2081eebb1bdbdbd4e007e35284624097ee266ad6bdcf190d40bd055937
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
14.96x
EV/EBITDA RATIO AVG TTM
20.12x
EV/EBITDA RATIO AVG 3Y
16.21x
EV/EBITDA RATIO AVG 5Y
N/A
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
-25.64%
CURRENT VS 3Y AVG
-7.74%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
9.04x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+65.40%
vs the sector median at left
Market Cap
$9.93B
EV/EBITDA Ratio
14.18x
TTM Avg
14.00x
3Y Avg
12.93x
5Y Avg
12.24x
Market Cap
$7.03B
EV/EBITDA Ratio
4.35x
TTM Avg
4.87x
3Y Avg
5.12x
5Y Avg
4.28x
Market Cap
$6.10B
EV/EBITDA Ratio
7.29x
TTM Avg
6.90x
3Y Avg
6.44x
5Y Avg
6.89x
Market Cap
$19.10B
EV/EBITDA Ratio
7.38x
TTM Avg
11.16x
3Y Avg
14.63x
5Y Avg
21.50x
Market Cap
$4.66B
EV/EBITDA Ratio
3.58x
TTM Avg
4.20x
3Y Avg
4.04x
5Y Avg
3.64x
Market Cap
$4.60B
EV/EBITDA Ratio
11.85x
TTM Avg
9.09x
3Y Avg
9.01x
5Y Avg
9.36x
Market Cap
$20.10B
EV/EBITDA Ratio
3.60x
TTM Avg
6.01x
3Y Avg
9.12x
5Y Avg
7.32x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nextpower Inc. (NXT) | $12.26B | 14.96x | 20.12x | 16.21x | N/A |
| Antero Midstream Corporation (AM)vs › | $9.93B | 14.18x | 14.00x | 12.93x | 12.24x |
| APA Corporation (APA)vs › | $15.11B | 5.64x | 3.14x | 2.94x | 3.31x |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $7.03B | 4.35x | 4.87x | 5.12x | 4.28x |
| Weatherford International plc (WFRD)vs › | $6.10B | 7.29x | 6.90x | 6.44x | 6.89x |
| First Solar, Inc. (FSLR)vs › | $19.10B | 7.38x | 11.16x | 14.63x | 21.50x |
| California Resources Corp (CRC)vs › | $4.66B | 3.58x | 4.20x | 4.04x | 3.64x |
| Oceaneering International, Inc. (OII)vs › | $4.60B | 11.85x | 9.09x | 9.01x | 9.36x |
| Expand Energy Corporation (EXE)vs › | $20.10B | 3.60x | 6.01x | 9.12x | 7.32x |
| Enphase Energy, Inc. (ENPH)vs › | $4.28B | 23.04x | 26.58x | 45.77x | 63.73x |
At 15.0, EV/EBITDA is near its estimated 4-year median — higher than 46% of readings in its estimated 4-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 4-year low
6.4
median
16.8
estimated 4-year high
37.4
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 | 15.77x |
| 2026-09-10 | 15.45x |
| 2026-09-09 | 15.66x |
| 2026-09-08 | 16.31x |
| 2026-09-04 | 16.11x |
| 2026-09-03 | 15.90x |
| 2026-09-02 | 15.70x |
| 2026-09-01 | 15.81x |
| 2026-08-31 | 15.59x |
| 2026-08-28 | 16.31x |
| 2026-08-27 | 17.18x |
| 2026-08-26 | 16.68x |
| 2026-08-25 | 16.17x |
| 2026-08-24 | 16.15x |
| 2026-08-21 | 16.46x |
| 2026-08-20 | 16.81x |
| 2026-08-19 | 17.71x |
| 2026-08-18 | 17.50x |
| 2026-08-17 | 19.17x |
| 2026-08-14 | 19.67x |
| 2026-08-13 | 20.32x |
| 2026-08-12 | 20.14x |
| 2026-08-11 | 20.39x |
| 2026-08-10 | 19.98x |
| 2026-08-07 | 20.05x |
| 2026-08-06 | 19.03x |
| 2026-08-05 | 19.32x |
| 2026-08-04 | 19.04x |
| 2026-08-03 | 17.40x |
| 2026-07-31 | 17.57x |
| 2026-07-30 | 19.05x |
| 2026-07-29 | 18.16x |
| 2026-07-28 | 18.72x |
| 2026-07-27 | 20.50x |
| 2026-07-24 | 19.71x |
| 2026-07-23 | 20.66x |
| 2026-07-22 | 20.76x |
| 2026-07-21 | 20.91x |
| 2026-07-20 | 19.76x |
| 2026-07-17 | 20.36x |
| 2026-07-16 | 21.15x |
| 2026-07-15 | 21.64x |
| 2026-07-14 | 20.69x |
| 2026-07-13 | 19.64x |
| 2026-07-10 | 22.14x |
| 2026-07-09 | 22.39x |
| 2026-07-08 | 21.77x |
| 2026-07-07 | 21.58x |
| 2026-07-06 | 22.88x |
| 2026-07-02 | 22.42x |
| 2026-07-01 | 23.12x |
| 2026-06-30 | 23.75x |
| 2026-06-29 | 21.96x |
| 2026-06-26 | 21.18x |
| 2026-06-25 | 22.49x |
| 2026-06-24 | 23.23x |
| 2026-06-23 | 24.07x |
| 2026-06-22 | 25.85x |
| 2026-06-18 | 25.18x |
| 2026-06-17 | 24.63x |
| 2026-06-16 | 25.12x |
| 2026-06-15 | 25.17x |
| 2026-06-12 | 24.33x |
| 2026-06-11 | 23.87x |
| 2026-06-10 | 22.23x |
| 2026-06-09 | 23.78x |
| 2026-06-08 | 25.13x |
| 2026-06-05 | 26.38x |
| 2026-06-04 | 30.34x |
| 2026-06-03 | 29.53x |
| 2026-06-02 | 30.74x |
| 2026-06-01 | 29.22x |
| 2026-05-29 | 31.63x |
| 2026-05-28 | 27.56x |
| 2026-05-27 | 27.27x |
| 2026-05-26 | 26.30x |
| 2026-05-22 | 26.15x |
| 2026-05-21 | 24.15x |
| 2026-05-20 | 25.08x |
| 2026-05-19 | 24.24x |
| 2026-05-18 | 25.71x |
| 2026-05-15 | 27.67x |
| 2026-05-14 | 27.37x |
| 2026-05-13 | 26.09x |
| 2026-05-12 | 23.89x |
| 2026-05-11 | 24.07x |
| 2026-05-08 | 24.00x |
| 2026-05-07 | 22.99x |
| 2026-05-06 | 24.03x |
| 2026-05-05 | 23.48x |
| 2026-05-04 | 22.20x |
| 2026-05-01 | 22.80x |
| 2026-04-30 | 22.64x |
| 2026-04-29 | 21.67x |
| 2026-04-28 | 22.12x |
| 2026-04-27 | 23.33x |
| 2026-04-24 | 23.10x |
| 2026-04-23 | 23.69x |
| 2026-04-22 | 22.05x |
| 2026-04-21 | 20.43x |
| 2026-04-20 | 20.12x |
| 2026-04-17 | 21.09x |
| 2026-04-16 | 20.18x |
| 2026-04-15 | 20.84x |
| 2026-04-14 | 21.80x |
| 2026-04-13 | 21.13x |
| 2026-04-10 | 22.41x |
| 2026-04-09 | 21.53x |
| 2026-04-08 | 22.10x |
| 2026-04-07 | 20.65x |
| 2026-04-06 | 20.43x |
| 2026-04-02 | 21.43x |
| 2026-04-01 | 22.89x |
| 2026-03-31 | 22.93x |
| 2026-03-30 | 21.32x |
| 2026-03-27 | 22.82x |
| 2026-03-26 | 22.79x |
| 2026-03-25 | 24.90x |
| 2026-03-24 | 23.79x |
| 2026-03-23 | 22.20x |
| 2026-03-20 | 21.69x |
| 2026-03-19 | 22.56x |
| 2026-03-18 | 21.89x |
| 2026-03-17 | 23.18x |
| 2026-03-16 | 22.43x |
| 2026-03-13 | 22.74x |
| 2026-03-12 | 22.00x |
| 2026-03-11 | 22.15x |
| 2026-03-10 | 21.56x |
| 2026-03-09 | 20.44x |
| 2026-03-06 | 19.10x |
| 2026-03-05 | 19.50x |
| 2026-03-04 | 19.59x |
| 2026-03-03 | 19.05x |
| 2026-03-02 | 19.56x |
| 2026-02-27 | 19.84x |
| 2026-02-26 | 20.19x |
| 2026-02-25 | 22.12x |
| 2026-02-24 | 22.93x |
| 2026-02-23 | 22.21x |
| 2026-02-20 | 22.68x |
| 2026-02-19 | 22.03x |
| 2026-02-18 | 23.71x |
| 2026-02-17 | 23.33x |
| 2026-02-13 | 22.10x |
| 2026-02-12 | 21.66x |
| 2026-02-11 | 22.80x |
| 2026-02-10 | 22.40x |
| 2026-02-09 | 23.19x |
| 2026-02-06 | 23.09x |
| 2026-02-05 | 21.70x |
| 2026-02-04 | 22.16x |
| 2026-02-03 | 22.79x |
| 2026-02-02 | 21.94x |
| 2026-01-30 | 22.99x |
| 2026-01-29 | 23.81x |
| 2026-01-28 | 23.58x |
| 2026-01-27 | 20.69x |
| 2026-01-26 | 20.97x |
| 2026-01-23 | 20.50x |
| 2026-01-22 | 20.54x |
| 2026-01-21 | 19.54x |
| 2026-01-20 | 18.71x |
| 2026-01-16 | 18.73x |
| 2026-01-15 | 19.20x |
| 2026-01-14 | 18.39x |
| 2026-01-13 | 19.53x |
| 2026-01-12 | 19.29x |
| 2026-01-09 | 17.66x |
| 2026-01-08 | 17.26x |
| 2026-01-07 | 17.18x |
| 2026-01-06 | 17.73x |
| 2026-01-05 | 17.34x |
| 2026-01-02 | 17.99x |
| 2025-12-31 | 16.83x |
| 2025-12-30 | 16.81x |
| 2025-12-29 | 17.46x |
| 2025-12-26 | 17.68x |
| 2025-12-24 | 17.66x |
| 2025-12-23 | 17.63x |
| 2025-12-22 | 17.91x |
| 2025-12-19 | 17.15x |
| 2025-12-18 | 16.88x |
| 2025-12-17 | 16.56x |
| 2025-12-16 | 17.01x |
| 2025-12-15 | 16.84x |
| 2025-12-12 | 16.75x |
| 2025-12-11 | 18.13x |
| 2025-12-10 | 17.30x |
| 2025-12-09 | 17.13x |
| 2025-12-08 | 17.36x |
| 2025-12-05 | 17.54x |
| 2025-12-04 | 17.55x |
| 2025-12-03 | 16.78x |
| 2025-12-02 | 16.72x |
| 2025-12-01 | 16.89x |
| 2025-11-28 | 17.75x |
| 2025-11-26 | 17.56x |
| 2025-11-25 | 17.43x |
| 2025-11-24 | 16.78x |
| 2025-11-21 | 16.83x |
| 2025-11-20 | 16.56x |
| 2025-11-19 | 17.35x |
| 2025-11-18 | 17.53x |
| 2025-11-17 | 17.30x |
| 2025-11-14 | 18.19x |
| 2025-11-13 | 17.03x |
| 2025-11-12 | 18.76x |
| 2025-11-11 | 20.68x |
| 2025-11-10 | 21.00x |
| 2025-11-07 | 20.43x |
| 2025-11-06 | 20.82x |
| 2025-11-05 | 21.91x |
| 2025-11-04 | 19.44x |
| 2025-11-03 | 19.79x |
| 2025-10-31 | 19.73x |
| 2025-10-30 | 19.30x |
| 2025-10-29 | 21.58x |
| 2025-10-28 | 20.33x |
| 2025-10-27 | 20.68x |
| 2025-10-24 | 20.62x |
| 2025-10-23 | 18.88x |
| 2025-10-22 | 18.25x |
| 2025-10-21 | 18.73x |
| 2025-10-20 | 18.53x |
| 2025-10-17 | 18.14x |
| 2025-10-16 | 18.26x |
| 2025-10-15 | 19.48x |
| 2025-10-14 | 18.12x |
| 2025-10-13 | 18.12x |
| 2025-10-10 | 17.20x |
| 2025-10-09 | 17.44x |
| 2025-10-08 | 16.26x |
| 2025-10-07 | 16.05x |
| 2025-10-06 | 16.22x |
| 2025-10-03 | 15.95x |
| 2025-10-02 | 16.45x |
| 2025-10-01 | 15.62x |
| 2025-09-30 | 15.26x |
| 2025-09-29 | 15.73x |
| 2025-09-26 | 15.06x |
| 2025-09-25 | 15.16x |
| 2025-09-24 | 14.99x |
| 2025-09-23 | 14.51x |
| 2025-09-22 | 15.08x |
| 2025-09-19 | 14.68x |
| 2025-09-18 | 14.49x |
| 2025-09-17 | 14.10x |
| 2025-09-16 | 13.69x |
| 2025-09-15 | 13.86x |
| 2025-09-12 | 13.66x |
| 2025-09-11 | 13.83x |
| 2025-09-10 | 13.85x |
| 2025-09-09 | 13.13x |
| 2025-09-08 | 14.33x |
| 2025-09-05 | 14.41x |
| 2025-09-04 | 14.13x |
| 2025-09-03 | 13.68x |
| 2025-09-02 | 13.66x |
| 2025-08-29 | 13.78x |
Showing the most recent 260 of 899 data points. The chart above shows the full history.