Basis: Latest stored market observation. 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 99.75x is 39% below its 5-year average of 164.29x, near the low end of its 5-year range (73.15x–500.68x).
As of Friday, September 4, 2026. 18.02% below its 12-month average of 121.67x.
EV/EBITDA RATIO
99.75x
EV/EBITDA RATIO AVG TTM
121.67x
EV/EBITDA RATIO AVG 3Y
128.45x
EV/EBITDA RATIO AVG 5Y
164.29x
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
-18.02%
CURRENT VS 3Y AVG
-22.34%
CURRENT VS 5Y AVG
-39.28%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
26.71x
median of 161 covered companies
CURRENT VS SECTOR MEDIAN
+273.46%
vs the sector median at left
Shopify Inc.
Market Cap
$174.02B
EV/EBITDA Ratio
99.75x
TTM Avg
121.67x
3Y Avg
128.45x
5Y Avg
164.29x
Market Cap
$176.91B
EV/EBITDA Ratio
26.79x
TTM Avg
30.94x
3Y Avg
25.95x
5Y Avg
24.12x
Market Cap
$182.79B
EV/EBITDA Ratio
16.69x
TTM Avg
14.33x
3Y Avg
15.86x
5Y Avg
14.22x
Market Cap
$164.52B
EV/EBITDA Ratio
35.89x
TTM Avg
32.11x
3Y Avg
28.81x
5Y Avg
18.52x
Market Cap
$197.41B
EV/EBITDA Ratio
73.59x
TTM Avg
52.99x
3Y Avg
78.88x
5Y Avg
69.72x
Market Cap
$148.86B
EV/EBITDA Ratio
21.58x
TTM Avg
29.30x
3Y Avg
69.17x
5Y Avg
77.14x
Market Cap
$201.62B
EV/EBITDA Ratio
24.09x
TTM Avg
28.09x
3Y Avg
25.88x
5Y Avg
23.07x
Market Cap
$202.79B
EV/EBITDA Ratio
45.00x
TTM Avg
39.43x
3Y Avg
63.07x
5Y Avg
44.16x
Market Cap
$204.03B
EV/EBITDA Ratio
17.87x
TTM Avg
17.19x
3Y Avg
24.88x
5Y Avg
34.26x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shopify Inc. (SHOP) | $174.02B | 99.75x | 121.67x | 128.45x | 164.29x |
| Analog Devices, Inc. (ADI)vs › | $176.91B | 26.79x | 30.94x | 25.95x | 24.12x |
| QUALCOMM Incorporated (QCOM)vs › | $182.79B | 16.69x | 14.33x | 15.86x | 14.22x |
| Western Digital Corporation (WDC)vs › | $164.52B | 35.89x | 32.11x | 28.81x | 18.52x |
| Marvell Technology, Inc. (MRVL)vs › | $197.41B | 73.59x | 52.99x | 78.88x | 69.72x |
| Uber Technologies, Inc. (UBER)vs › | $148.86B | 21.58x | 29.30x | 69.17x | 77.14x |
| Amphenol Corporation (APH)vs › | $201.62B | 24.09x | 28.09x | 25.88x | 23.07x |
| Seagate Technology Holdings plc (STX)vs › | $202.79B | 45.00x | 39.43x | 63.07x | 44.16x |
| Salesforce, Inc. (CRM)vs › | $204.03B | 17.87x | 17.19x | 24.88x | 34.26x |
| Corning Inc (GLW)vs › | $142.98B | 40.86x | 34.79x | 23.75x | 18.70x |
At 99.8, EV/EBITDA is at an extreme level, where the multiple carries little signal — higher than 8% of readings in its 6-year history.
6-year low
73.2
median
160.6
6-year high
14670.4
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 |
|---|---|
| 2026-09-04 | 99.75x |
| 2026-09-03 | 100.30x |
| 2026-09-02 | 97.52x |
| 2026-09-01 | 96.10x |
| 2026-08-31 | 101.33x |
| 2026-08-28 | 105.17x |
| 2026-08-27 | 106.16x |
| 2026-08-26 | 103.36x |
| 2026-08-25 | 105.85x |
| 2026-08-24 | 103.02x |
| 2026-08-21 | 102.64x |
| 2026-08-20 | 101.20x |
| 2026-08-19 | 100.79x |
| 2026-08-18 | 100.79x |
| 2026-08-17 | 102.22x |
| 2026-08-14 | 106.15x |
| 2026-08-13 | 109.07x |
| 2026-08-12 | 103.44x |
| 2026-08-11 | 104.97x |
| 2026-08-10 | 106.75x |
| 2026-08-07 | 104.25x |
| 2026-08-06 | 101.38x |
| 2026-08-05 | 99.17x |
| 2026-08-04 | 94.83x |
| 2026-08-03 | 89.94x |
| 2026-07-31 | 90.05x |
| 2026-07-30 | 94.13x |
| 2026-07-29 | 99.39x |
| 2026-07-28 | 100.25x |
| 2026-07-27 | 97.61x |
| 2026-07-24 | 87.41x |
| 2026-07-23 | 86.05x |
| 2026-07-22 | 91.04x |
| 2026-07-21 | 94.62x |
| 2026-07-20 | 95.75x |
| 2026-07-17 | 95.03x |
| 2026-07-16 | 96.20x |
| 2026-07-15 | 95.02x |
| 2026-07-14 | 96.68x |
| 2026-07-13 | 95.95x |
| 2026-07-10 | 94.24x |
| 2026-07-09 | 94.73x |
| 2026-07-08 | 91.66x |
| 2026-07-07 | 93.73x |
| 2026-07-06 | 92.37x |
| 2026-07-02 | 91.85x |
| 2026-07-01 | 93.53x |
| 2026-06-30 | 87.74x |
| 2026-06-29 | 87.77x |
| 2026-06-26 | 89.82x |
| 2026-06-25 | 85.75x |
| 2026-06-24 | 87.73x |
| 2026-06-23 | 82.69x |
| 2026-06-22 | 82.92x |
| 2026-06-18 | 83.60x |
| 2026-06-17 | 83.01x |
| 2026-06-16 | 87.00x |
| 2026-06-15 | 86.43x |
| 2026-06-12 | 83.13x |
| 2026-06-11 | 84.86x |
| 2026-06-10 | 83.09x |
| 2026-06-09 | 84.82x |
| 2026-06-08 | 85.10x |
| 2026-06-05 | 84.14x |
| 2026-06-04 | 89.19x |
| 2026-06-03 | 86.78x |
| 2026-06-02 | 89.94x |
| 2026-06-01 | 95.47x |
| 2026-05-29 | 91.26x |
| 2026-05-28 | 88.40x |
| 2026-05-27 | 81.85x |
| 2026-05-26 | 80.53x |
| 2026-05-22 | 79.05x |
| 2026-05-21 | 80.50x |
| 2026-05-20 | 80.61x |
| 2026-05-19 | 77.51x |
| 2026-05-18 | 78.58x |
| 2026-05-15 | 76.94x |
| 2026-05-14 | 74.72x |
| 2026-05-13 | 73.15x |
| 2026-05-12 | 76.60x |
| 2026-05-11 | 78.70x |
| 2026-05-08 | 84.81x |
| 2026-05-07 | 85.85x |
| 2026-05-06 | 80.95x |
| 2026-05-05 | 82.65x |
| 2026-05-04 | 110.14x |
| 2026-05-01 | 110.25x |
| 2026-04-30 | 104.55x |
| 2026-04-29 | 104.66x |
| 2026-04-28 | 105.35x |
| 2026-04-27 | 107.25x |
| 2026-04-24 | 108.64x |
| 2026-04-23 | 107.25x |
| 2026-04-22 | 113.98x |
| 2026-04-21 | 113.26x |
| 2026-04-20 | 116.75x |
| 2026-04-17 | 113.27x |
| 2026-04-16 | 109.61x |
| 2026-04-15 | 110.02x |
| 2026-04-14 | 101.51x |
| 2026-04-13 | 99.19x |
| 2026-04-10 | 95.55x |
| 2026-04-09 | 96.93x |
| 2026-04-08 | 103.66x |
| 2026-04-07 | 101.01x |
| 2026-04-06 | 102.52x |
| 2026-04-02 | 102.04x |
| 2026-04-01 | 102.28x |
| 2026-03-31 | 102.37x |
| 2026-03-30 | 96.40x |
| 2026-03-27 | 96.47x |
| 2026-03-26 | 99.59x |
| 2026-03-25 | 102.19x |
| 2026-03-24 | 100.22x |
| 2026-03-23 | 104.53x |
| 2026-03-20 | 100.76x |
| 2026-03-19 | 105.63x |
| 2026-03-18 | 106.83x |
| 2026-03-17 | 110.36x |
| 2026-03-16 | 109.30x |
| 2026-03-13 | 106.14x |
| 2026-03-12 | 108.94x |
| 2026-03-11 | 111.86x |
| 2026-03-10 | 111.72x |
| 2026-03-09 | 115.32x |
| 2026-03-06 | 112.45x |
| 2026-03-05 | 116.44x |
| 2026-03-04 | 111.97x |
| 2026-03-03 | 105.20x |
| 2026-03-02 | 103.03x |
| 2026-02-27 | 104.20x |
| 2026-02-26 | 108.74x |
| 2026-02-25 | 103.84x |
| 2026-02-24 | 100.90x |
| 2026-02-23 | 101.20x |
| 2026-02-20 | 108.97x |
| 2026-02-19 | 106.88x |
| 2026-02-18 | 105.00x |
| 2026-02-17 | 97.94x |
| 2026-02-13 | 97.21x |
| 2026-02-12 | 95.44x |
| 2026-02-11 | 102.44x |
| 2026-02-10 | 124.25x |
| 2026-02-09 | 115.55x |
| 2026-02-06 | 109.30x |
| 2026-02-05 | 108.51x |
| 2026-02-04 | 111.24x |
| 2026-02-03 | 116.43x |
| 2026-02-02 | 129.13x |
| 2026-01-30 | 128.18x |
| 2026-01-29 | 140.39x |
| 2026-01-28 | 135.75x |
| 2026-01-27 | 134.35x |
| 2026-01-26 | 133.18x |
| 2026-01-23 | 134.73x |
| 2026-01-22 | 134.49x |
| 2026-01-21 | 135.37x |
| 2026-01-20 | 141.24x |
| 2026-01-16 | 152.37x |
| 2026-01-15 | 154.52x |
| 2026-01-14 | 154.04x |
| 2026-01-13 | 163.82x |
| 2026-01-12 | 164.30x |
| 2026-01-09 | 160.90x |
| 2026-01-08 | 164.64x |
| 2026-01-07 | 163.13x |
| 2026-01-06 | 164.81x |
| 2026-01-05 | 162.60x |
| 2026-01-02 | 153.74x |
| 2025-12-31 | 157.45x |
| 2025-12-30 | 160.17x |
| 2025-12-29 | 164.25x |
| 2025-12-26 | 167.15x |
| 2025-12-24 | 165.79x |
| 2025-12-23 | 165.87x |
| 2025-12-22 | 166.01x |
| 2025-12-19 | 165.91x |
| 2025-12-18 | 163.19x |
| 2025-12-17 | 158.20x |
| 2025-12-16 | 159.58x |
| 2025-12-15 | 156.35x |
| 2025-12-12 | 160.62x |
| 2025-12-11 | 161.17x |
| 2025-12-10 | 164.78x |
| 2025-12-09 | 156.38x |
| 2025-12-08 | 154.93x |
| 2025-12-05 | 157.56x |
| 2025-12-04 | 158.77x |
| 2025-12-03 | 156.49x |
| 2025-12-02 | 153.37x |
| 2025-12-01 | 145.94x |
| 2025-11-28 | 155.15x |
| 2025-11-26 | 155.84x |
| 2025-11-25 | 153.90x |
| 2025-11-24 | 151.88x |
| 2025-11-21 | 144.49x |
| 2025-11-20 | 141.30x |
| 2025-11-19 | 142.71x |
| 2025-11-18 | 137.25x |
| 2025-11-17 | 136.74x |
| 2025-11-14 | 142.75x |
| 2025-11-13 | 143.05x |
| 2025-11-12 | 153.14x |
| 2025-11-11 | 155.45x |
| 2025-11-10 | 155.39x |
| 2025-11-07 | 149.02x |
| 2025-11-06 | 152.61x |
| 2025-11-05 | 159.37x |
| 2025-11-04 | 157.42x |
| 2025-11-03 | 177.37x |
| 2025-10-31 | 178.32x |
| 2025-10-30 | 178.06x |
| 2025-10-29 | 183.61x |
| 2025-10-28 | 183.56x |
| 2025-10-27 | 179.55x |
| 2025-10-24 | 177.38x |
| 2025-10-23 | 171.30x |
| 2025-10-22 | 166.14x |
| 2025-10-21 | 166.79x |
| 2025-10-20 | 168.92x |
| 2025-10-17 | 161.78x |
| 2025-10-16 | 160.55x |
| 2025-10-15 | 160.18x |
| 2025-10-14 | 156.76x |
| 2025-10-13 | 157.56x |
| 2025-10-10 | 154.85x |
| 2025-10-09 | 168.05x |
| 2025-10-08 | 170.68x |
| 2025-10-07 | 165.39x |
| 2025-10-06 | 168.70x |
| 2025-10-03 | 165.25x |
| 2025-10-02 | 155.14x |
| 2025-10-01 | 153.36x |
| 2025-09-30 | 152.37x |
| 2025-09-29 | 152.78x |
| 2025-09-26 | 143.79x |
| 2025-09-25 | 147.07x |
| 2025-09-24 | 152.60x |
| 2025-09-23 | 153.74x |
| 2025-09-22 | 161.12x |
| 2025-09-19 | 157.19x |
| 2025-09-18 | 155.97x |
| 2025-09-17 | 151.61x |
| 2025-09-16 | 150.94x |
| 2025-09-15 | 151.64x |
| 2025-09-12 | 147.00x |
| 2025-09-11 | 148.70x |
| 2025-09-10 | 145.79x |
| 2025-09-09 | 147.06x |
| 2025-09-08 | 149.92x |
| 2025-09-05 | 150.54x |
| 2025-09-04 | 148.82x |
| 2025-09-03 | 143.75x |
| 2025-09-02 | 142.54x |
| 2025-08-29 | 144.84x |
| 2025-08-28 | 145.11x |
| 2025-08-27 | 143.42x |
| 2025-08-26 | 144.40x |
| 2025-08-25 | 144.07x |
Showing the most recent 260 of 941 data points. The chart above shows the full history.