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 33.86x is 46% above its estimated 5-year average of 23.18x, around the middle of its estimated 5-year range (15.07x–47.67x).
As of 2026-09-18T19:06:03.733Z. 3.03% below its estimated 12-month average of 34.92x.
Calculation as of: 2026-09-18T19:06:03.733Z.
Quote observation: 2026-09-18T19:04:57.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 7bc5b67c454d90885495470b16fc4edf6d0ff6bd9dfd3d1efccd9b340f919418
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
33.86x
EV/EBITDA RATIO AVG TTM
34.92x
EV/EBITDA RATIO AVG 3Y
26.37x
EV/EBITDA RATIO AVG 5Y
23.18x
EV/EBITDA RATIO AVG 10Y
17.20x
EV/EBITDA RATIO AVG 15Y
15.29x
EV/EBITDA RATIO AVG 20Y
15.48x
CURRENT VS TTM AVG
-3.03%
CURRENT VS 3Y AVG
+28.38%
CURRENT VS 5Y AVG
+46.06%
CURRENT VS 10Y AVG
+96.81%
CURRENT VS 15Y AVG
+121.41%
CURRENT VS 20Y AVG
+118.78%
SECTOR MEDIAN · INDUSTRIALS
16.35x
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
+107.09%
vs the sector median at left
Quanta Services, Inc.
Market Cap
$95.38B
EV/EBITDA Ratio
33.86x
TTM Avg
34.92x
3Y Avg
26.37x
5Y Avg
23.18x
Market Cap
$95.31B
EV/EBITDA Ratio
15.80x
TTM Avg
16.61x
3Y Avg
16.09x
5Y Avg
15.42x
Market Cap
$95.94B
EV/EBITDA Ratio
37.94x
TTM Avg
43.17x
3Y Avg
32.05x
5Y Avg
26.48x
Market Cap
$93.91B
EV/EBITDA Ratio
22.22x
TTM Avg
23.58x
3Y Avg
22.78x
5Y Avg
20.63x
Market Cap
$91.48B
EV/EBITDA Ratio
33.06x
TTM Avg
39.80x
3Y Avg
30.08x
5Y Avg
24.49x
Market Cap
$84.92B
EV/EBITDA Ratio
13.87x
TTM Avg
15.22x
3Y Avg
15.80x
5Y Avg
15.56x
Market Cap
$84.22B
EV/EBITDA Ratio
10.36x
TTM Avg
9.48x
3Y Avg
10.19x
5Y Avg
10.71x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Quanta Services, Inc. (PWR) | $95.38B | 33.86x | 34.92x | 26.37x | 23.18x |
| General Dynamics Corporation (GD)vs › | $95.31B | 15.80x | 16.61x | 16.09x | 15.42x |
| Vertiv Holdings Co (VRT)vs › | $95.94B | 37.94x | 43.17x | 32.05x | 26.48x |
| Trane Technologies plc (TT)vs › | $93.91B | 22.22x | 23.58x | 22.78x | 20.63x |
| Howmet Aerospace Inc. (HWM)vs › | $91.48B | 33.06x | 39.80x | 30.08x | 24.49x |
| CSX Corporation (CSX)vs › | $87.60B | 16.03x | 15.10x | 12.92x | 12.72x |
| 3M Company (MMM)vs › | $85.46B | N/A | 15.61x | 14.57x | 12.81x |
| Waste Management, Inc. (WM)vs › | $84.92B | 13.87x | 15.22x | 15.80x | 15.56x |
| United Parcel Service, Inc. (UPS)vs › | $84.22B | 10.36x | 9.48x | 10.19x | 10.71x |
| Emerson Electric Co. (EMR)vs › | $83.45B | 18.79x | 18.10x | 17.07x | 16.69x |
At 33.9, EV/EBITDA is above its estimated 20-year median — higher than 97% of readings in its estimated 20-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 20-year low
5.8
median
13.6
estimated 20-year high
47.7
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 | 35.13x |
| 2026-09-10 | 33.51x |
| 2026-09-09 | 33.93x |
| 2026-09-08 | 34.54x |
| 2026-09-04 | 33.80x |
| 2026-09-03 | 33.58x |
| 2026-09-02 | 33.10x |
| 2026-09-01 | 33.13x |
| 2026-08-31 | 32.92x |
| 2026-08-28 | 32.69x |
| 2026-08-27 | 33.67x |
| 2026-08-26 | 33.41x |
| 2026-08-25 | 32.75x |
| 2026-08-24 | 33.41x |
| 2026-08-21 | 34.56x |
| 2026-08-20 | 35.73x |
| 2026-08-19 | 36.49x |
| 2026-08-18 | 37.45x |
| 2026-08-17 | 38.78x |
| 2026-08-14 | 36.92x |
| 2026-08-13 | 36.26x |
| 2026-08-12 | 36.52x |
| 2026-08-11 | 36.15x |
| 2026-08-10 | 35.65x |
| 2026-08-07 | 36.21x |
| 2026-08-06 | 36.01x |
| 2026-08-05 | 36.78x |
| 2026-08-04 | 37.29x |
| 2026-08-03 | 36.63x |
| 2026-07-31 | 35.98x |
| 2026-07-30 | 40.31x |
| 2026-07-29 | 34.71x |
| 2026-07-28 | 36.28x |
| 2026-07-27 | 38.13x |
| 2026-07-24 | 38.45x |
| 2026-07-23 | 40.07x |
| 2026-07-22 | 39.45x |
| 2026-07-21 | 39.22x |
| 2026-07-20 | 38.84x |
| 2026-07-17 | 38.61x |
| 2026-07-16 | 38.75x |
| 2026-07-15 | 39.78x |
| 2026-07-14 | 40.48x |
| 2026-07-13 | 39.66x |
| 2026-07-10 | 40.34x |
| 2026-07-09 | 40.90x |
| 2026-07-08 | 40.79x |
| 2026-07-07 | 40.24x |
| 2026-07-06 | 41.24x |
| 2026-07-02 | 40.91x |
| 2026-07-01 | 42.24x |
| 2026-06-30 | 43.90x |
| 2026-06-29 | 43.57x |
| 2026-06-26 | 42.04x |
| 2026-06-25 | 43.81x |
| 2026-06-24 | 42.85x |
| 2026-06-23 | 42.87x |
| 2026-06-22 | 45.06x |
| 2026-06-18 | 42.87x |
| 2026-06-17 | 43.60x |
| 2026-06-16 | 43.85x |
| 2026-06-15 | 44.15x |
| 2026-06-12 | 43.18x |
| 2026-06-11 | 41.77x |
| 2026-06-10 | 39.90x |
| 2026-06-09 | 42.27x |
| 2026-06-08 | 42.38x |
| 2026-06-05 | 42.45x |
| 2026-06-04 | 43.85x |
| 2026-06-03 | 43.64x |
| 2026-06-02 | 43.09x |
| 2026-06-01 | 42.01x |
| 2026-05-29 | 43.42x |
| 2026-05-28 | 44.48x |
| 2026-05-27 | 44.68x |
| 2026-05-26 | 45.18x |
| 2026-05-22 | 44.09x |
| 2026-05-21 | 43.72x |
| 2026-05-20 | 43.31x |
| 2026-05-19 | 43.55x |
| 2026-05-18 | 44.07x |
| 2026-05-15 | 46.78x |
| 2026-05-14 | 47.37x |
| 2026-05-13 | 47.00x |
| 2026-05-12 | 46.54x |
| 2026-05-11 | 47.44x |
| 2026-05-08 | 45.34x |
| 2026-05-07 | 45.67x |
| 2026-05-06 | 47.67x |
| 2026-05-05 | 46.88x |
| 2026-05-04 | 46.05x |
| 2026-05-01 | 45.18x |
| 2026-04-30 | 46.88x |
| 2026-04-29 | 40.82x |
| 2026-04-28 | 40.96x |
| 2026-04-27 | 41.35x |
| 2026-04-24 | 40.59x |
| 2026-04-23 | 41.11x |
| 2026-04-22 | 39.91x |
| 2026-04-21 | 39.43x |
| 2026-04-20 | 39.37x |
| 2026-04-17 | 39.19x |
| 2026-04-16 | 38.30x |
| 2026-04-15 | 38.57x |
| 2026-04-14 | 38.73x |
| 2026-04-13 | 38.82x |
| 2026-04-10 | 38.18x |
| 2026-04-09 | 37.97x |
| 2026-04-08 | 37.62x |
| 2026-04-07 | 36.36x |
| 2026-04-06 | 36.28x |
| 2026-04-02 | 36.66x |
| 2026-04-01 | 36.63x |
| 2026-03-31 | 35.96x |
| 2026-03-30 | 35.02x |
| 2026-03-27 | 36.01x |
| 2026-03-26 | 35.75x |
| 2026-03-25 | 37.45x |
| 2026-03-24 | 37.75x |
| 2026-03-23 | 37.08x |
| 2026-03-20 | 36.34x |
| 2026-03-19 | 37.72x |
| 2026-03-18 | 37.36x |
| 2026-03-17 | 37.34x |
| 2026-03-16 | 37.48x |
| 2026-03-13 | 36.57x |
| 2026-03-12 | 37.05x |
| 2026-03-11 | 37.10x |
| 2026-03-10 | 36.87x |
| 2026-03-09 | 37.12x |
| 2026-03-06 | 35.42x |
| 2026-03-05 | 35.97x |
| 2026-03-04 | 37.14x |
| 2026-03-03 | 36.99x |
| 2026-03-02 | 37.40x |
| 2026-02-27 | 36.81x |
| 2026-02-26 | 36.93x |
| 2026-02-25 | 36.80x |
| 2026-02-24 | 37.13x |
| 2026-02-23 | 35.96x |
| 2026-02-20 | 36.18x |
| 2026-02-19 | 35.30x |
| 2026-02-18 | 33.22x |
| 2026-02-17 | 33.57x |
| 2026-02-13 | 33.51x |
| 2026-02-12 | 33.02x |
| 2026-02-11 | 33.50x |
| 2026-02-10 | 32.70x |
| 2026-02-09 | 32.94x |
| 2026-02-06 | 32.55x |
| 2026-02-05 | 30.73x |
| 2026-02-04 | 29.94x |
| 2026-02-03 | 31.38x |
| 2026-02-02 | 30.73x |
| 2026-01-30 | 30.55x |
| 2026-01-29 | 31.07x |
| 2026-01-28 | 30.94x |
| 2026-01-27 | 30.82x |
| 2026-01-26 | 30.32x |
| 2026-01-23 | 30.19x |
| 2026-01-22 | 30.20x |
| 2026-01-21 | 30.46x |
| 2026-01-20 | 29.88x |
| 2026-01-16 | 30.07x |
| 2026-01-15 | 28.93x |
| 2026-01-14 | 28.30x |
| 2026-01-13 | 28.72x |
| 2026-01-12 | 28.03x |
| 2026-01-09 | 27.43x |
| 2026-01-08 | 26.87x |
| 2026-01-07 | 28.29x |
| 2026-01-06 | 28.37x |
| 2026-01-05 | 28.22x |
| 2026-01-02 | 28.45x |
| 2025-12-31 | 27.40x |
| 2025-12-30 | 27.80x |
| 2025-12-29 | 27.94x |
| 2025-12-26 | 28.03x |
| 2025-12-24 | 28.09x |
| 2025-12-23 | 28.19x |
| 2025-12-22 | 28.06x |
| 2025-12-19 | 27.67x |
| 2025-12-18 | 27.35x |
| 2025-12-17 | 26.93x |
| 2025-12-16 | 28.38x |
| 2025-12-15 | 28.23x |
| 2025-12-12 | 28.36x |
| 2025-12-11 | 30.08x |
| 2025-12-10 | 29.80x |
| 2025-12-09 | 29.55x |
| 2025-12-08 | 29.86x |
| 2025-12-05 | 29.71x |
| 2025-12-04 | 29.96x |
| 2025-12-03 | 29.43x |
| 2025-12-02 | 29.35x |
| 2025-12-01 | 29.21x |
| 2025-11-28 | 29.96x |
| 2025-11-26 | 29.70x |
| 2025-11-25 | 29.08x |
| 2025-11-24 | 28.63x |
| 2025-11-21 | 27.88x |
| 2025-11-20 | 27.86x |
| 2025-11-19 | 28.80x |
| 2025-11-18 | 28.43x |
| 2025-11-17 | 27.69x |
| 2025-11-14 | 27.83x |
| 2025-11-13 | 27.69x |
| 2025-11-12 | 29.04x |
| 2025-11-11 | 29.01x |
| 2025-11-10 | 29.09x |
| 2025-11-07 | 28.77x |
| 2025-11-06 | 28.65x |
| 2025-11-05 | 29.28x |
| 2025-11-04 | 28.39x |
| 2025-11-03 | 29.12x |
| 2025-10-31 | 29.02x |
| 2025-10-30 | 31.25x |
| 2025-10-29 | 30.91x |
| 2025-10-28 | 30.33x |
| 2025-10-27 | 30.47x |
| 2025-10-24 | 30.41x |
| 2025-10-23 | 29.54x |
| 2025-10-22 | 28.56x |
| 2025-10-21 | 30.19x |
| 2025-10-20 | 30.40x |
| 2025-10-17 | 29.96x |
| 2025-10-16 | 30.19x |
| 2025-10-15 | 30.16x |
| 2025-10-14 | 29.81x |
| 2025-10-13 | 29.77x |
| 2025-10-10 | 28.91x |
| 2025-10-09 | 29.70x |
| 2025-10-08 | 30.58x |
| 2025-10-07 | 29.16x |
| 2025-10-06 | 29.57x |
| 2025-10-03 | 29.14x |
| 2025-10-02 | 29.12x |
| 2025-10-01 | 29.11x |
| 2025-09-30 | 28.70x |
| 2025-09-29 | 28.36x |
| 2025-09-26 | 28.12x |
| 2025-09-25 | 27.80x |
| 2025-09-24 | 27.96x |
| 2025-09-23 | 27.10x |
| 2025-09-22 | 27.52x |
| 2025-09-19 | 27.04x |
| 2025-09-18 | 27.17x |
| 2025-09-17 | 26.22x |
| 2025-09-16 | 26.37x |
| 2025-09-15 | 26.85x |
| 2025-09-12 | 26.65x |
| 2025-09-11 | 27.10x |
| 2025-09-10 | 27.14x |
| 2025-09-09 | 26.06x |
| 2025-09-08 | 26.19x |
| 2025-09-05 | 26.00x |
| 2025-09-04 | 26.23x |
| 2025-09-03 | 26.12x |
| 2025-09-02 | 26.14x |
| 2025-08-29 | 26.35x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
