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 13.58x is 13% below its estimated 5-year average of 15.52x, near the low end of its estimated 5-year range (13.56x–18.45x).
As of 2026-09-26T00:16:05.993Z. 10.64% below its estimated 12-month average of 15.20x.
Calculation as of: 2026-09-26T00:16:05.993Z.
Quote observation: 2026-09-25T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 9d44b3653650a84d652ab20ff9ac4dc870c351f1d2bbde1f117fd88e0e64e7b9
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
13.58x
EV/EBITDA RATIO AVG TTM
15.20x
EV/EBITDA RATIO AVG 3Y
15.90x
EV/EBITDA RATIO AVG 5Y
15.52x
EV/EBITDA RATIO AVG 10Y
13.77x
EV/EBITDA RATIO AVG 15Y
12.07x
EV/EBITDA RATIO AVG 20Y
11.35x
CURRENT VS TTM AVG
-10.64%
CURRENT VS 3Y AVG
-14.57%
CURRENT VS 5Y AVG
-12.52%
CURRENT VS 10Y AVG
-1.40%
CURRENT VS 15Y AVG
+12.53%
CURRENT VS 20Y AVG
+19.65%
SECTOR MEDIAN · INDUSTRIALS
16.49x
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
-17.65%
vs the sector median at left
Republic Services, Inc.
Market Cap
$65.26B
EV/EBITDA Ratio
13.58x
TTM Avg
15.20x
3Y Avg
15.90x
5Y Avg
15.52x
Market Cap
$65.17B
EV/EBITDA Ratio
12.00x
TTM Avg
11.36x
3Y Avg
9.56x
5Y Avg
8.73x
Market Cap
$67.37B
EV/EBITDA Ratio
14.54x
TTM Avg
12.26x
3Y Avg
10.66x
5Y Avg
10.56x
Market Cap
$62.43B
EV/EBITDA Ratio
18.74x
TTM Avg
21.83x
3Y Avg
23.83x
5Y Avg
23.87x
Market Cap
$70.30B
EV/EBITDA Ratio
15.99x
TTM Avg
15.44x
3Y Avg
15.31x
5Y Avg
14.32x
Market Cap
$58.69B
EV/EBITDA Ratio
20.29x
TTM Avg
19.98x
3Y Avg
18.45x
5Y Avg
17.13x
Market Cap
$58.38B
EV/EBITDA Ratio
28.28x
TTM Avg
31.63x
3Y Avg
22.97x
5Y Avg
19.75x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Republic Services, Inc. (RSG) | $65.26B | 13.58x | 15.20x | 15.90x | 15.52x |
| United Rentals, Inc. (URI)vs › | $65.17B | 12.00x | 11.36x | 9.56x | 8.73x |
| Honeywell International Inc. (HON)vs › | $67.37B | 14.54x | 12.26x | 10.66x | 10.56x |
| FedEx Corporation (FDX)vs › | $67.63B | 9.05x | 9.34x | 8.49x | 8.21x |
| TransDigm Group Incorporated (TDG)vs › | $62.43B | 18.74x | 21.83x | 23.83x | 23.87x |
| Norfolk Southern Corporation (NSC)vs › | $70.30B | 15.99x | 15.44x | 15.31x | 14.32x |
| W.W. Grainger, Inc. (GWW)vs › | $58.69B | 20.29x | 19.98x | 18.45x | 17.13x |
| PACCAR Inc (PCAR)vs › | $58.59B | 19.31x | 18.27x | 12.78x | 12.04x |
| Comfort Systems USA, Inc. (FIX)vs › | $58.38B | 28.28x | 31.63x | 22.97x | 19.75x |
| Cummins Inc. (CMI)vs › | $72.45B | 15.60x | 16.65x | 14.68x | 12.89x |
At 13.6, EV/EBITDA is above its estimated 20-year median — higher than 70% 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
6.0
median
10.7
estimated 20-year high
26.1
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 | 14.13x |
| 2026-09-10 | 14.05x |
| 2026-09-09 | 14.12x |
| 2026-09-08 | 14.07x |
| 2026-09-04 | 14.13x |
| 2026-09-03 | 14.26x |
| 2026-09-02 | 14.12x |
| 2026-09-01 | 14.16x |
| 2026-08-31 | 14.04x |
| 2026-08-28 | 14.10x |
| 2026-08-27 | 13.95x |
| 2026-08-26 | 14.10x |
| 2026-08-25 | 14.04x |
| 2026-08-24 | 14.15x |
| 2026-08-21 | 14.02x |
| 2026-08-20 | 13.96x |
| 2026-08-19 | 14.04x |
| 2026-08-18 | 13.83x |
| 2026-08-17 | 13.74x |
| 2026-08-14 | 13.71x |
| 2026-08-13 | 13.74x |
| 2026-08-12 | 13.69x |
| 2026-08-11 | 13.73x |
| 2026-08-10 | 13.71x |
| 2026-08-07 | 13.70x |
| 2026-08-06 | 14.85x |
| 2026-08-05 | 14.70x |
| 2026-08-04 | 14.74x |
| 2026-08-03 | 14.85x |
| 2026-07-31 | 14.90x |
| 2026-07-30 | 14.95x |
| 2026-07-29 | 15.39x |
| 2026-07-28 | 15.26x |
| 2026-07-27 | 15.27x |
| 2026-07-24 | 15.27x |
| 2026-07-23 | 15.30x |
| 2026-07-22 | 15.25x |
| 2026-07-21 | 15.14x |
| 2026-07-20 | 15.49x |
| 2026-07-17 | 15.59x |
| 2026-07-16 | 15.72x |
| 2026-07-15 | 15.30x |
| 2026-07-14 | 15.46x |
| 2026-07-13 | 15.65x |
| 2026-07-10 | 15.41x |
| 2026-07-09 | 15.38x |
| 2026-07-08 | 15.48x |
| 2026-07-07 | 15.60x |
| 2026-07-06 | 15.14x |
| 2026-07-02 | 15.30x |
| 2026-07-01 | 15.15x |
| 2026-06-30 | 15.05x |
| 2026-06-29 | 15.14x |
| 2026-06-26 | 15.24x |
| 2026-06-25 | 15.08x |
| 2026-06-24 | 15.08x |
| 2026-06-23 | 14.82x |
| 2026-06-22 | 14.54x |
| 2026-06-18 | 14.58x |
| 2026-06-17 | 14.72x |
| 2026-06-16 | 14.82x |
| 2026-06-15 | 14.76x |
| 2026-06-12 | 14.87x |
| 2026-06-11 | 14.76x |
| 2026-06-10 | 15.02x |
| 2026-06-09 | 14.88x |
| 2026-06-08 | 14.58x |
| 2026-06-05 | 14.87x |
| 2026-06-04 | 14.75x |
| 2026-06-03 | 14.53x |
| 2026-06-02 | 14.39x |
| 2026-06-01 | 14.34x |
| 2026-05-29 | 14.31x |
| 2026-05-28 | 14.50x |
| 2026-05-27 | 14.62x |
| 2026-05-26 | 14.70x |
| 2026-05-22 | 14.81x |
| 2026-05-21 | 14.76x |
| 2026-05-20 | 15.00x |
| 2026-05-19 | 15.16x |
| 2026-05-18 | 15.14x |
| 2026-05-15 | 14.77x |
| 2026-05-14 | 14.79x |
| 2026-05-13 | 14.50x |
| 2026-05-12 | 14.43x |
| 2026-05-11 | 14.16x |
| 2026-05-08 | 14.29x |
| 2026-05-07 | 14.50x |
| 2026-05-06 | 14.39x |
| 2026-05-05 | 14.64x |
| 2026-05-04 | 14.80x |
| 2026-05-01 | 14.80x |
| 2026-04-30 | 14.95x |
| 2026-04-29 | 14.90x |
| 2026-04-28 | 14.89x |
| 2026-04-27 | 14.77x |
| 2026-04-24 | 14.99x |
| 2026-04-23 | 15.24x |
| 2026-04-22 | 14.72x |
| 2026-04-21 | 14.72x |
| 2026-04-20 | 14.91x |
| 2026-04-17 | 14.86x |
| 2026-04-16 | 14.98x |
| 2026-04-15 | 15.05x |
| 2026-04-14 | 15.10x |
| 2026-04-13 | 15.21x |
| 2026-04-10 | 15.28x |
| 2026-04-09 | 15.41x |
| 2026-04-08 | 15.38x |
| 2026-04-07 | 15.61x |
| 2026-04-06 | 15.64x |
| 2026-04-02 | 15.78x |
| 2026-04-01 | 15.63x |
| 2026-03-31 | 15.53x |
| 2026-03-30 | 15.69x |
| 2026-03-27 | 15.34x |
| 2026-03-26 | 15.43x |
| 2026-03-25 | 15.33x |
| 2026-03-24 | 15.31x |
| 2026-03-23 | 15.40x |
| 2026-03-20 | 15.55x |
| 2026-03-19 | 15.77x |
| 2026-03-18 | 15.71x |
| 2026-03-17 | 15.87x |
| 2026-03-16 | 15.83x |
| 2026-03-13 | 15.84x |
| 2026-03-12 | 15.93x |
| 2026-03-11 | 15.81x |
| 2026-03-10 | 15.80x |
| 2026-03-09 | 16.19x |
| 2026-03-06 | 16.24x |
| 2026-03-05 | 16.28x |
| 2026-03-04 | 16.27x |
| 2026-03-03 | 16.31x |
| 2026-03-02 | 16.20x |
| 2026-02-27 | 16.12x |
| 2026-02-26 | 15.86x |
| 2026-02-25 | 15.68x |
| 2026-02-24 | 15.63x |
| 2026-02-23 | 15.66x |
| 2026-02-20 | 15.56x |
| 2026-02-19 | 15.69x |
| 2026-02-18 | 15.40x |
| 2026-02-17 | 15.72x |
| 2026-02-13 | 15.84x |
| 2026-02-12 | 15.70x |
| 2026-02-11 | 16.00x |
| 2026-02-10 | 15.83x |
| 2026-02-09 | 15.89x |
| 2026-02-06 | 15.64x |
| 2026-02-05 | 15.57x |
| 2026-02-04 | 15.54x |
| 2026-02-03 | 15.29x |
| 2026-02-02 | 15.39x |
| 2026-01-30 | 15.36x |
| 2026-01-29 | 15.34x |
| 2026-01-28 | 15.51x |
| 2026-01-27 | 15.48x |
| 2026-01-26 | 15.59x |
| 2026-01-23 | 15.51x |
| 2026-01-22 | 15.40x |
| 2026-01-21 | 15.31x |
| 2026-01-20 | 15.09x |
| 2026-01-16 | 15.11x |
| 2026-01-15 | 15.10x |
| 2026-01-14 | 15.11x |
| 2026-01-13 | 15.03x |
| 2026-01-12 | 15.10x |
| 2026-01-09 | 15.19x |
| 2026-01-08 | 15.16x |
| 2026-01-07 | 15.00x |
| 2026-01-06 | 15.11x |
| 2026-01-05 | 15.22x |
| 2026-01-02 | 15.07x |
| 2025-12-31 | 15.17x |
| 2025-12-30 | 15.33x |
| 2025-12-29 | 15.32x |
| 2025-12-26 | 15.25x |
| 2025-12-24 | 15.24x |
| 2025-12-23 | 15.24x |
| 2025-12-22 | 15.23x |
| 2025-12-19 | 15.24x |
| 2025-12-18 | 15.26x |
| 2025-12-17 | 15.33x |
| 2025-12-16 | 15.29x |
| 2025-12-15 | 15.37x |
| 2025-12-12 | 15.27x |
| 2025-12-11 | 15.12x |
| 2025-12-10 | 14.91x |
| 2025-12-09 | 15.01x |
| 2025-12-08 | 15.14x |
| 2025-12-05 | 15.44x |
| 2025-12-04 | 15.36x |
| 2025-12-03 | 15.37x |
| 2025-12-02 | 15.21x |
| 2025-12-01 | 15.30x |
| 2025-11-28 | 15.47x |
| 2025-11-26 | 15.49x |
| 2025-11-25 | 15.47x |
| 2025-11-24 | 15.36x |
| 2025-11-21 | 15.59x |
| 2025-11-20 | 15.55x |
| 2025-11-19 | 15.50x |
| 2025-11-18 | 15.29x |
| 2025-11-17 | 15.04x |
| 2025-11-14 | 15.04x |
| 2025-11-13 | 14.82x |
| 2025-11-12 | 14.76x |
| 2025-11-11 | 14.88x |
| 2025-11-10 | 14.70x |
| 2025-11-07 | 14.79x |
| 2025-11-06 | 14.71x |
| 2025-11-05 | 14.84x |
| 2025-11-04 | 14.92x |
| 2025-11-03 | 14.77x |
| 2025-10-31 | 14.95x |
| 2025-10-30 | 15.11x |
| 2025-10-29 | 15.15x |
| 2025-10-28 | 15.58x |
| 2025-10-27 | 15.78x |
| 2025-10-24 | 15.90x |
| 2025-10-23 | 15.90x |
| 2025-10-22 | 15.91x |
| 2025-10-21 | 15.77x |
| 2025-10-20 | 15.72x |
| 2025-10-17 | 15.70x |
| 2025-10-16 | 15.61x |
| 2025-10-15 | 15.78x |
| 2025-10-14 | 15.98x |
| 2025-10-13 | 15.90x |
| 2025-10-10 | 16.03x |
| 2025-10-09 | 15.82x |
| 2025-10-08 | 16.04x |
| 2025-10-07 | 15.88x |
| 2025-10-06 | 15.91x |
| 2025-10-03 | 15.96x |
| 2025-10-02 | 15.87x |
| 2025-10-01 | 16.15x |
| 2025-09-30 | 16.28x |
| 2025-09-29 | 16.26x |
| 2025-09-26 | 16.21x |
| 2025-09-25 | 16.13x |
| 2025-09-24 | 16.16x |
| 2025-09-23 | 16.17x |
| 2025-09-22 | 16.09x |
| 2025-09-19 | 16.13x |
| 2025-09-18 | 16.12x |
| 2025-09-17 | 16.09x |
| 2025-09-16 | 16.04x |
| 2025-09-15 | 16.20x |
| 2025-09-12 | 16.22x |
| 2025-09-11 | 16.45x |
| 2025-09-10 | 16.23x |
| 2025-09-09 | 16.26x |
| 2025-09-08 | 16.20x |
| 2025-09-05 | 16.30x |
| 2025-09-04 | 16.55x |
| 2025-09-03 | 16.47x |
| 2025-09-02 | 16.50x |
| 2025-08-29 | 16.55x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
