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 9.27x is 23% below its estimated 5-year average of 12.05x, near the low end of its estimated 5-year range (4.20x–130.42x).
As of 2026-09-09T20:00:03.000Z. 32.44% below its estimated 12-month average of 13.72x.
Quote observation: 2026-09-09T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 11dfaf7499d2d882e4670ef03a09776af24d3a94b838da460518eb3042d74b2d
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/EBITDA RATIO
9.27x
EV/EBITDA RATIO AVG TTM
13.72x
EV/EBITDA RATIO AVG 3Y
12.51x
EV/EBITDA RATIO AVG 5Y
12.05x
EV/EBITDA RATIO AVG 10Y
14.06x
EV/EBITDA RATIO AVG 15Y
12.49x
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-32.44%
CURRENT VS 3Y AVG
-25.90%
CURRENT VS 5Y AVG
-23.05%
CURRENT VS 10Y AVG
-34.05%
CURRENT VS 15Y AVG
-25.78%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
9.23x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+0.38%
vs the sector median at left
Market Cap
$107.10B
EV/EBITDA Ratio
6.58x
TTM Avg
6.46x
3Y Avg
6.56x
5Y Avg
5.78x
Market Cap
$111.99B
EV/EBITDA Ratio
8.82x
TTM Avg
11.50x
3Y Avg
7.96x
5Y Avg
8.50x
Market Cap
$116.61B
EV/EBITDA Ratio
9.20x
TTM Avg
10.84x
3Y Avg
7.86x
5Y Avg
7.39x
Market Cap
$91.92B
EV/EBITDA Ratio
17.45x
TTM Avg
17.27x
3Y Avg
15.11x
5Y Avg
14.28x
Market Cap
$85.07B
EV/EBITDA Ratio
11.40x
TTM Avg
11.37x
3Y Avg
10.69x
5Y Avg
10.51x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Phillips 66 (PSX) | $104.56B | 9.27x | 13.72x | 12.51x | 12.05x |
| Canadian Natural Resources Limited (CNQ)vs › | $107.10B | 6.58x | 6.46x | 6.56x | 5.78x |
| Valero Energy Corporation (VLO)vs › | $111.99B | 8.82x | 11.50x | 7.96x | 8.50x |
| Marathon Petroleum Corporation (MPC)vs › | $116.61B | 9.20x | 10.84x | 7.86x | 7.39x |
| The Williams Companies, Inc. (WMB)vs › | $91.92B | 17.45x | 17.27x | 15.11x | 14.28x |
| Enterprise Products Partners L.P. (EPD)vs › | $85.07B | 11.40x | 11.37x | 10.69x | 10.51x |
| Slb N.V. (SLB)vs › | $84.67B | 12.40x | 9.98x | 9.81x | 11.43x |
| Suncor Energy Inc. (SU)vs › | $81.50B | 5.22x | 4.61x | 3.74x | 3.49x |
| Eni S.p.A. (E)vs › | $81.22B | 8.85x | 7.74x | 5.66x | 4.68x |
| EOG Resources, Inc. (EOG)vs › | $78.30B | 5.24x | 5.67x | 5.46x | 5.86x |
At 9.3, EV/EBITDA is below its estimated 14-year median — higher than 35% of readings in its estimated 14-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 14-year low
3.7
median
10.8
estimated 14-year high
137.0
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 |
|---|---|
| 2026-09-09 | 9.30x |
| 2026-09-08 | 9.25x |
| 2026-09-04 | 9.13x |
| 2026-09-03 | 9.11x |
| 2026-09-02 | 9.16x |
| 2026-09-01 | 9.03x |
| 2026-08-31 | 8.86x |
| 2026-08-28 | 8.79x |
| 2026-08-27 | 8.66x |
| 2026-08-26 | 8.73x |
| 2026-08-25 | 8.57x |
| 2026-08-24 | 8.72x |
| 2026-08-21 | 8.75x |
| 2026-08-20 | 8.66x |
| 2026-08-19 | 8.73x |
| 2026-08-18 | 8.77x |
| 2026-08-17 | 8.68x |
| 2026-08-14 | 8.46x |
| 2026-08-13 | 8.43x |
| 2026-08-12 | 8.22x |
| 2026-08-11 | 8.18x |
| 2026-08-10 | 7.91x |
| 2026-08-07 | 7.55x |
| 2026-08-06 | 7.60x |
| 2026-08-05 | 11.04x |
| 2026-08-04 | 11.18x |
| 2026-08-03 | 11.19x |
| 2026-07-31 | 11.43x |
| 2026-07-30 | 11.38x |
| 2026-07-29 | 11.22x |
| 2026-07-28 | 11.18x |
| 2026-07-27 | 11.26x |
| 2026-07-24 | 11.22x |
| 2026-07-23 | 11.23x |
| 2026-07-22 | 11.42x |
| 2026-07-21 | 11.46x |
| 2026-07-20 | 11.31x |
| 2026-07-17 | 11.22x |
| 2026-07-16 | 10.99x |
| 2026-07-15 | 10.76x |
| 2026-07-14 | 10.99x |
| 2026-07-13 | 10.85x |
| 2026-07-10 | 10.43x |
| 2026-07-09 | 10.49x |
| 2026-07-08 | 10.40x |
| 2026-07-07 | 10.02x |
| 2026-07-06 | 9.95x |
| 2026-07-02 | 9.92x |
| 2026-07-01 | 9.83x |
| 2026-06-30 | 9.60x |
| 2026-06-29 | 9.81x |
| 2026-06-26 | 9.71x |
| 2026-06-25 | 9.72x |
| 2026-06-24 | 9.58x |
| 2026-06-23 | 9.65x |
| 2026-06-22 | 9.57x |
| 2026-06-18 | 9.47x |
| 2026-06-17 | 9.52x |
| 2026-06-16 | 9.73x |
| 2026-06-15 | 9.78x |
| 2026-06-12 | 10.05x |
| 2026-06-11 | 9.99x |
| 2026-06-10 | 10.14x |
| 2026-06-09 | 10.03x |
| 2026-06-08 | 10.22x |
| 2026-06-05 | 10.20x |
| 2026-06-04 | 10.25x |
| 2026-06-03 | 10.27x |
| 2026-06-02 | 10.18x |
| 2026-06-01 | 10.08x |
| 2026-05-29 | 9.89x |
| 2026-05-28 | 9.93x |
| 2026-05-27 | 9.84x |
| 2026-05-26 | 9.81x |
| 2026-05-22 | 9.97x |
| 2026-05-21 | 9.81x |
| 2026-05-20 | 10.04x |
| 2026-05-19 | 10.17x |
| 2026-05-18 | 10.06x |
| 2026-05-15 | 9.91x |
| 2026-05-14 | 9.70x |
| 2026-05-13 | 9.72x |
| 2026-05-12 | 9.87x |
| 2026-05-11 | 9.87x |
| 2026-05-08 | 9.71x |
| 2026-05-07 | 9.57x |
| 2026-05-06 | 9.71x |
| 2026-05-05 | 10.08x |
| 2026-05-04 | 10.00x |
| 2026-05-01 | 9.91x |
| 2026-04-30 | 10.03x |
| 2026-04-29 | 13.94x |
| 2026-04-28 | 13.43x |
| 2026-04-27 | 13.36x |
| 2026-04-24 | 13.29x |
| 2026-04-23 | 13.08x |
| 2026-04-22 | 13.15x |
| 2026-04-21 | 13.07x |
| 2026-04-20 | 12.85x |
| 2026-04-17 | 12.89x |
| 2026-04-16 | 13.32x |
| 2026-04-15 | 13.20x |
| 2026-04-14 | 13.04x |
| 2026-04-13 | 13.14x |
| 2026-04-10 | 13.07x |
| 2026-04-09 | 13.18x |
| 2026-04-08 | 13.60x |
| 2026-04-07 | 14.01x |
| 2026-04-06 | 14.17x |
| 2026-04-02 | 14.11x |
| 2026-04-01 | 14.07x |
| 2026-03-31 | 14.47x |
| 2026-03-30 | 14.63x |
| 2026-03-27 | 14.85x |
| 2026-03-26 | 14.58x |
| 2026-03-25 | 14.42x |
| 2026-03-24 | 14.59x |
| 2026-03-23 | 14.14x |
| 2026-03-20 | 14.06x |
| 2026-03-19 | 14.24x |
| 2026-03-18 | 13.89x |
| 2026-03-17 | 13.89x |
| 2026-03-16 | 13.94x |
| 2026-03-13 | 13.89x |
| 2026-03-12 | 13.98x |
| 2026-03-11 | 13.69x |
| 2026-03-10 | 13.27x |
| 2026-03-09 | 13.30x |
| 2026-03-06 | 13.48x |
| 2026-03-05 | 13.51x |
| 2026-03-04 | 13.40x |
| 2026-03-03 | 13.10x |
| 2026-03-02 | 13.12x |
| 2026-02-27 | 12.76x |
| 2026-02-26 | 12.65x |
| 2026-02-25 | 12.62x |
| 2026-02-24 | 12.77x |
| 2026-02-23 | 12.80x |
| 2026-02-20 | 16.14x |
| 2026-02-19 | 16.12x |
| 2026-02-18 | 16.27x |
| 2026-02-17 | 16.33x |
| 2026-02-13 | 16.46x |
| 2026-02-12 | 16.18x |
| 2026-02-11 | 16.60x |
| 2026-02-10 | 16.27x |
| 2026-02-09 | 16.28x |
| 2026-02-06 | 16.31x |
| 2026-02-05 | 16.04x |
| 2026-02-04 | 16.06x |
| 2026-02-03 | 15.54x |
| 2026-02-02 | 15.08x |
| 2026-01-30 | 15.18x |
| 2026-01-29 | 15.22x |
| 2026-01-28 | 15.07x |
| 2026-01-27 | 14.90x |
| 2026-01-26 | 14.93x |
| 2026-01-23 | 15.02x |
| 2026-01-22 | 15.05x |
| 2026-01-21 | 15.03x |
| 2026-01-20 | 14.78x |
| 2026-01-16 | 14.77x |
| 2026-01-15 | 14.90x |
| 2026-01-14 | 15.01x |
| 2026-01-13 | 14.72x |
| 2026-01-12 | 14.81x |
| 2026-01-09 | 15.07x |
| 2026-01-08 | 15.23x |
| 2026-01-07 | 14.74x |
| 2026-01-06 | 14.64x |
| 2026-01-05 | 14.90x |
| 2026-01-02 | 14.16x |
| 2025-12-31 | 14.04x |
| 2025-12-30 | 14.08x |
| 2025-12-29 | 14.00x |
| 2025-12-26 | 13.94x |
| 2025-12-24 | 13.99x |
| 2025-12-23 | 14.04x |
| 2025-12-22 | 14.03x |
| 2025-12-19 | 14.03x |
| 2025-12-18 | 14.05x |
| 2025-12-17 | 14.27x |
| 2025-12-16 | 14.25x |
| 2025-12-15 | 15.02x |
| 2025-12-12 | 15.02x |
| 2025-12-11 | 15.17x |
| 2025-12-10 | 15.20x |
| 2025-12-09 | 14.89x |
| 2025-12-08 | 14.83x |
| 2025-12-05 | 14.85x |
| 2025-12-04 | 14.86x |
| 2025-12-03 | 14.89x |
| 2025-12-02 | 14.71x |
| 2025-12-01 | 14.88x |
| 2025-11-28 | 14.66x |
| 2025-11-26 | 14.51x |
| 2025-11-25 | 14.44x |
| 2025-11-24 | 14.37x |
| 2025-11-21 | 14.41x |
| 2025-11-20 | 14.27x |
| 2025-11-19 | 14.47x |
| 2025-11-18 | 14.78x |
| 2025-11-17 | 14.64x |
| 2025-11-14 | 15.09x |
| 2025-11-13 | 14.86x |
| 2025-11-12 | 14.75x |
| 2025-11-11 | 14.97x |
| 2025-11-10 | 14.80x |
| 2025-11-07 | 14.74x |
| 2025-11-06 | 14.76x |
| 2025-11-05 | 14.58x |
| 2025-11-04 | 14.57x |
| 2025-11-03 | 14.74x |
| 2025-10-31 | 14.60x |
| 2025-10-30 | 14.67x |
| 2025-10-29 | 21.54x |
| 2025-10-28 | 21.04x |
| 2025-10-27 | 21.25x |
| 2025-10-24 | 21.19x |
| 2025-10-23 | 21.29x |
| 2025-10-22 | 20.78x |
| 2025-10-21 | 20.46x |
| 2025-10-20 | 20.66x |
| 2025-10-17 | 20.54x |
| 2025-10-16 | 20.43x |
| 2025-10-15 | 20.57x |
| 2025-10-14 | 20.72x |
| 2025-10-13 | 20.60x |
| 2025-10-10 | 20.25x |
| 2025-10-09 | 20.75x |
| 2025-10-08 | 20.77x |
| 2025-10-07 | 20.89x |
| 2025-10-06 | 20.96x |
| 2025-10-03 | 20.97x |
| 2025-10-02 | 21.19x |
| 2025-10-01 | 21.15x |
| 2025-09-30 | 21.31x |
| 2025-09-29 | 21.49x |
| 2025-09-26 | 21.71x |
| 2025-09-25 | 21.67x |
| 2025-09-24 | 21.38x |
| 2025-09-23 | 20.88x |
| 2025-09-22 | 20.57x |
| 2025-09-19 | 20.59x |
| 2025-09-18 | 20.78x |
| 2025-09-17 | 20.98x |
| 2025-09-16 | 20.97x |
| 2025-09-15 | 20.76x |
| 2025-09-12 | 20.71x |
| 2025-09-11 | 20.91x |
| 2025-09-10 | 20.78x |
| 2025-09-09 | 20.88x |
| 2025-09-08 | 20.64x |
| 2025-09-05 | 20.80x |
| 2025-09-04 | 20.80x |
| 2025-09-03 | 20.68x |
| 2025-09-02 | 21.06x |
| 2025-08-29 | 21.03x |
| 2025-08-28 | 20.95x |
| 2025-08-27 | 20.92x |
Showing the most recent 260 of 3,512 data points. The chart above shows the full history.
