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.
The EV/EBITDA ratio is 18.58x as of 2026-09-12T00:15:56.608Z.
Calculation as of: 2026-09-12T00:15:56.608Z.
Quote observation: 2026-09-11T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 7e64dc7b1b1ca159e01df119faa7ff25bbaf09da387e1cee7feb5764aba1b386
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
18.58x
EV/EBITDA RATIO AVG TTM
20.51x
EV/EBITDA RATIO AVG 3Y
22.12x
EV/EBITDA RATIO AVG 5Y
25.61x
EV/EBITDA RATIO AVG 10Y
27.25x
EV/EBITDA RATIO AVG 15Y
25.09x
EV/EBITDA RATIO AVG 20Y
24.39x
CURRENT VS TTM AVG
-9.41%
CURRENT VS 3Y AVG
-15.99%
CURRENT VS 5Y AVG
-27.46%
CURRENT VS 10Y AVG
-31.82%
CURRENT VS 15Y AVG
-25.96%
CURRENT VS 20Y AVG
-23.82%
SECTOR MEDIAN · REAL ESTATE
18.49x
median of 35 covered companies
CURRENT VS SECTOR MEDIAN
+0.49%
vs the sector median at left
SBA Communications Corporation
Market Cap
$19.67B
EV/EBITDA Ratio
18.58x
TTM Avg
20.51x
3Y Avg
22.12x
5Y Avg
25.61x
Market Cap
$17.54B
EV/EBITDA Ratio
20.63x
TTM Avg
16.67x
3Y Avg
18.58x
5Y Avg
20.11x
Market Cap
$16.36B
EV/EBITDA Ratio
15.26x
TTM Avg
15.45x
3Y Avg
18.58x
5Y Avg
20.88x
Market Cap
$15.91B
EV/EBITDA Ratio
19.12x
TTM Avg
21.23x
3Y Avg
19.28x
5Y Avg
14.86x
Market Cap
$15.64B
EV/EBITDA Ratio
16.91x
TTM Avg
17.13x
3Y Avg
17.67x
5Y Avg
19.24x
Market Cap
$23.87B
EV/EBITDA Ratio
17.15x
TTM Avg
15.37x
3Y Avg
13.62x
5Y Avg
14.51x
Market Cap
$15.23B
EV/EBITDA Ratio
11.23x
TTM Avg
11.34x
3Y Avg
10.76x
5Y Avg
18.51x
Market Cap
$14.52B
EV/EBITDA Ratio
16.29x
TTM Avg
16.82x
3Y Avg
17.12x
5Y Avg
19.01x
Market Cap
$14.11B
EV/EBITDA Ratio
16.92x
TTM Avg
17.80x
3Y Avg
19.05x
5Y Avg
20.64x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SBA Communications Corporation (SBAC) | $19.67B | 18.58x | 20.51x | 22.12x | 25.61x |
| Essex Property Trust, Inc. (ESS)vs › | $17.54B | 20.63x | 16.67x | 18.58x | 20.11x |
| Invitation Homes Inc. (INVH)vs › | $16.36B | 15.26x | 15.45x | 18.58x | 20.88x |
| Weyerhaeuser Company (WY)vs › | $15.91B | 19.12x | 21.23x | 19.28x | 14.86x |
| Kimco Realty Corporation (KIM)vs › | $15.64B | 16.91x | 17.13x | 17.67x | 19.24x |
| Equity Residential (EQR)vs › | $23.87B | 17.15x | 15.37x | 13.62x | 14.51x |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.23B | 11.23x | 11.34x | 10.76x | 18.51x |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $14.52B | 16.29x | 16.82x | 17.12x | 19.01x |
| Sun Communities, Inc. (SUI)vs › | $14.11B | 16.92x | 17.80x | 19.05x | 20.64x |
| Healthpeak Properties, Inc. (DOC)vs › | $14.00B | 14.03x | 13.97x | 14.92x | 17.09x |
At 18.6, EV/EBITDA is below its estimated 20-year median — higher than 4% 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
14.3
median
24.0
estimated 20-year high
39.2
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 |
|---|---|
| 2026-09-09 | 18.67x |
| 2026-09-08 | 18.78x |
| 2026-09-04 | 18.82x |
| 2026-09-03 | 18.94x |
| 2026-09-02 | 18.65x |
| 2026-09-01 | 18.78x |
| 2026-08-31 | 18.83x |
| 2026-08-28 | 18.91x |
| 2026-08-27 | 18.68x |
| 2026-08-26 | 18.62x |
| 2026-08-25 | 18.72x |
| 2026-08-24 | 18.57x |
| 2026-08-21 | 18.43x |
| 2026-08-20 | 18.31x |
| 2026-08-19 | 18.42x |
| 2026-08-18 | 18.36x |
| 2026-08-17 | 18.40x |
| 2026-08-14 | 18.58x |
| 2026-08-13 | 18.63x |
| 2026-08-12 | 18.46x |
| 2026-08-11 | 18.39x |
| 2026-08-10 | 18.34x |
| 2026-08-07 | 18.51x |
| 2026-08-06 | 19.70x |
| 2026-08-05 | 19.44x |
| 2026-08-04 | 20.02x |
| 2026-08-03 | 19.51x |
| 2026-07-31 | 19.60x |
| 2026-07-30 | 19.65x |
| 2026-07-29 | 19.92x |
| 2026-07-28 | 19.23x |
| 2026-07-27 | 19.09x |
| 2026-07-24 | 19.15x |
| 2026-07-23 | 19.23x |
| 2026-07-22 | 19.42x |
| 2026-07-21 | 19.35x |
| 2026-07-20 | 19.66x |
| 2026-07-17 | 19.88x |
| 2026-07-16 | 19.84x |
| 2026-07-15 | 19.97x |
| 2026-07-14 | 19.98x |
| 2026-07-13 | 19.97x |
| 2026-07-10 | 20.15x |
| 2026-07-09 | 19.69x |
| 2026-07-08 | 19.66x |
| 2026-07-07 | 19.73x |
| 2026-07-06 | 19.57x |
| 2026-07-02 | 19.82x |
| 2026-07-01 | 19.58x |
| 2026-06-30 | 19.32x |
| 2026-06-29 | 19.51x |
| 2026-06-26 | 19.77x |
| 2026-06-25 | 19.60x |
| 2026-06-24 | 19.87x |
| 2026-06-23 | 20.12x |
| 2026-06-22 | 20.00x |
| 2026-06-18 | 19.96x |
| 2026-06-17 | 20.24x |
| 2026-06-16 | 20.49x |
| 2026-06-15 | 20.50x |
| 2026-06-12 | 21.04x |
| 2026-06-11 | 20.97x |
| 2026-06-10 | 21.20x |
| 2026-06-09 | 21.04x |
| 2026-06-08 | 20.76x |
| 2026-06-05 | 21.24x |
| 2026-06-04 | 21.23x |
| 2026-06-03 | 20.54x |
| 2026-06-02 | 20.52x |
| 2026-06-01 | 21.00x |
| 2026-05-29 | 20.94x |
| 2026-05-28 | 21.03x |
| 2026-05-27 | 20.76x |
| 2026-05-26 | 20.86x |
| 2026-05-22 | 21.09x |
| 2026-05-21 | 21.24x |
| 2026-05-20 | 21.22x |
| 2026-05-19 | 21.21x |
| 2026-05-18 | 20.95x |
| 2026-05-15 | 20.73x |
| 2026-05-14 | 20.83x |
| 2026-05-13 | 21.22x |
| 2026-05-12 | 21.58x |
| 2026-05-11 | 21.80x |
| 2026-05-08 | 21.85x |
| 2026-05-07 | 21.88x |
| 2026-05-06 | 21.87x |
| 2026-05-05 | 22.06x |
| 2026-05-04 | 22.10x |
| 2026-05-01 | 22.14x |
| 2026-04-30 | 22.30x |
| 2026-04-29 | 21.98x |
| 2026-04-28 | 22.08x |
| 2026-04-27 | 21.92x |
| 2026-04-24 | 22.19x |
| 2026-04-23 | 22.20x |
| 2026-04-22 | 21.72x |
| 2026-04-21 | 21.80x |
| 2026-04-20 | 22.25x |
| 2026-04-17 | 22.42x |
| 2026-04-16 | 22.33x |
| 2026-04-15 | 21.87x |
| 2026-04-14 | 22.11x |
| 2026-04-13 | 22.24x |
| 2026-04-10 | 22.46x |
| 2026-04-09 | 22.13x |
| 2026-04-08 | 22.14x |
| 2026-04-07 | 21.35x |
| 2026-04-06 | 21.76x |
| 2026-04-02 | 21.24x |
| 2026-04-01 | 19.23x |
| 2026-03-31 | 19.26x |
| 2026-03-30 | 19.12x |
| 2026-03-27 | 18.95x |
| 2026-03-26 | 18.90x |
| 2026-03-25 | 18.83x |
| 2026-03-24 | 18.93x |
| 2026-03-23 | 19.26x |
| 2026-03-20 | 19.39x |
| 2026-03-19 | 19.89x |
| 2026-03-18 | 19.94x |
| 2026-03-17 | 20.19x |
| 2026-03-16 | 20.22x |
| 2026-03-13 | 20.25x |
| 2026-03-12 | 20.04x |
| 2026-03-11 | 20.28x |
| 2026-03-10 | 20.60x |
| 2026-03-09 | 20.74x |
| 2026-03-06 | 20.78x |
| 2026-03-05 | 20.72x |
| 2026-03-04 | 20.77x |
| 2026-03-03 | 20.83x |
| 2026-03-02 | 20.92x |
| 2026-02-27 | 21.30x |
| 2026-02-26 | 20.73x |
| 2026-02-25 | 21.05x |
| 2026-02-24 | 21.33x |
| 2026-02-23 | 21.20x |
| 2026-02-20 | 21.20x |
| 2026-02-19 | 21.12x |
| 2026-02-18 | 21.07x |
| 2026-02-17 | 21.42x |
| 2026-02-13 | 21.28x |
| 2026-02-12 | 21.18x |
| 2026-02-11 | 20.65x |
| 2026-02-10 | 20.54x |
| 2026-02-09 | 20.25x |
| 2026-02-06 | 20.01x |
| 2026-02-05 | 19.99x |
| 2026-02-04 | 20.27x |
| 2026-02-03 | 19.94x |
| 2026-02-02 | 20.03x |
| 2026-01-30 | 20.22x |
| 2026-01-29 | 20.45x |
| 2026-01-28 | 20.22x |
| 2026-01-27 | 20.39x |
| 2026-01-26 | 20.45x |
| 2026-01-23 | 20.41x |
| 2026-01-22 | 20.30x |
| 2026-01-21 | 20.35x |
| 2026-01-20 | 20.33x |
| 2026-01-16 | 20.85x |
| 2026-01-15 | 20.72x |
| 2026-01-14 | 20.72x |
| 2026-01-13 | 20.47x |
| 2026-01-12 | 20.28x |
| 2026-01-09 | 20.04x |
| 2026-01-08 | 20.05x |
| 2026-01-07 | 20.05x |
| 2026-01-06 | 20.47x |
| 2026-01-05 | 20.60x |
| 2026-01-02 | 20.75x |
| 2025-12-31 | 20.81x |
| 2025-12-30 | 20.89x |
| 2025-12-29 | 20.83x |
| 2025-12-26 | 20.76x |
| 2025-12-24 | 20.76x |
| 2025-12-23 | 20.71x |
| 2025-12-22 | 20.63x |
| 2025-12-19 | 20.59x |
| 2025-12-18 | 20.62x |
| 2025-12-17 | 20.65x |
| 2025-12-16 | 20.59x |
| 2025-12-15 | 20.79x |
| 2025-12-12 | 20.70x |
| 2025-12-11 | 20.77x |
| 2025-12-10 | 20.54x |
| 2025-12-09 | 20.55x |
| 2025-12-08 | 20.66x |
| 2025-12-05 | 20.57x |
| 2025-12-04 | 20.59x |
| 2025-12-03 | 20.43x |
| 2025-12-02 | 20.40x |
| 2025-12-01 | 20.50x |
| 2025-11-28 | 20.86x |
| 2025-11-26 | 20.90x |
| 2025-11-25 | 20.80x |
| 2025-11-24 | 20.79x |
| 2025-11-21 | 20.91x |
| 2025-11-20 | 20.93x |
| 2025-11-19 | 20.98x |
| 2025-11-18 | 21.08x |
| 2025-11-17 | 20.96x |
| 2025-11-14 | 21.05x |
| 2025-11-13 | 20.84x |
| 2025-11-12 | 21.33x |
| 2025-11-11 | 21.41x |
| 2025-11-10 | 21.19x |
| 2025-11-07 | 21.06x |
| 2025-11-06 | 21.00x |
| 2025-11-05 | 21.07x |
| 2025-11-04 | 21.10x |
| 2025-11-03 | 20.93x |
| 2025-10-31 | 20.80x |
| 2025-10-30 | 20.77x |
| 2025-10-29 | 20.73x |
| 2025-10-28 | 20.92x |
| 2025-10-27 | 21.17x |
| 2025-10-24 | 21.26x |
| 2025-10-23 | 21.09x |
| 2025-10-22 | 21.17x |
| 2025-10-21 | 21.19x |
| 2025-10-20 | 21.20x |
| 2025-10-17 | 21.10x |
| 2025-10-16 | 21.18x |
| 2025-10-15 | 20.99x |
| 2025-10-14 | 20.77x |
| 2025-10-13 | 20.58x |
| 2025-10-10 | 20.64x |
| 2025-10-09 | 20.54x |
| 2025-10-08 | 20.55x |
| 2025-10-07 | 20.61x |
| 2025-10-06 | 20.62x |
| 2025-10-03 | 20.84x |
| 2025-10-02 | 20.81x |
| 2025-10-01 | 20.82x |
| 2025-09-30 | 20.92x |
| 2025-09-29 | 21.09x |
| 2025-09-26 | 20.97x |
| 2025-09-25 | 21.05x |
| 2025-09-24 | 21.04x |
| 2025-09-23 | 21.26x |
| 2025-09-22 | 21.21x |
| 2025-09-19 | 21.28x |
| 2025-09-18 | 21.26x |
| 2025-09-17 | 21.30x |
| 2025-09-16 | 21.29x |
| 2025-09-15 | 21.22x |
| 2025-09-12 | 21.34x |
| 2025-09-11 | 21.30x |
| 2025-09-10 | 20.93x |
| 2025-09-09 | 20.80x |
| 2025-09-08 | 20.79x |
| 2025-09-05 | 21.20x |
| 2025-09-04 | 21.03x |
| 2025-09-03 | 21.30x |
| 2025-09-02 | 21.47x |
| 2025-08-29 | 21.65x |
| 2025-08-28 | 21.72x |
| 2025-08-27 | 21.86x |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.
