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 6.92x is in line with its estimated 5-year average of 6.91x, around the middle of its estimated 5-year range (5.91x–8.32x).
As of 2026-09-10T20:00:00.000Z. 3.90% below its estimated 12-month average of 7.20x.
Quote observation: 2026-09-10T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: a6356b5bc4341312627f4c15a1572174ff2a9e04b177548934490cdf420c244a
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 2026-09-10.
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
6.92x
EV/EBITDA RATIO AVG TTM
7.20x
EV/EBITDA RATIO AVG 3Y
6.89x
EV/EBITDA RATIO AVG 5Y
6.91x
EV/EBITDA RATIO AVG 10Y
6.51x
EV/EBITDA RATIO AVG 15Y
6.51x
EV/EBITDA RATIO AVG 20Y
6.24x
CURRENT VS TTM AVG
-3.90%
CURRENT VS 3Y AVG
+0.41%
CURRENT VS 5Y AVG
+0.15%
CURRENT VS 10Y AVG
+6.24%
CURRENT VS 15Y AVG
+6.36%
CURRENT VS 20Y AVG
+10.92%
SECTOR MEDIAN · COMMUNICATION SERVICES
11.30x
median of 28 covered companies
CURRENT VS SECTOR MEDIAN
-38.76%
vs the sector median at left
Market Cap
$183.81B
EV/EBITDA Ratio
10.52x
TTM Avg
11.83x
3Y Avg
13.36x
5Y Avg
17.68x
Market Cap
$190.03B
EV/EBITDA Ratio
9.95x
TTM Avg
10.75x
3Y Avg
11.51x
5Y Avg
11.95x
Market Cap
$208.65B
EV/EBITDA Ratio
8.31x
TTM Avg
7.51x
3Y Avg
7.27x
5Y Avg
7.36x
Market Cap
$107.26B
EV/EBITDA Ratio
31.55x
TTM Avg
43.30x
3Y Avg
377.06x
5Y Avg
371.55x
Market Cap
$70.70B
EV/EBITDA Ratio
10.45x
TTM Avg
6.61x
3Y Avg
5.01x
5Y Avg
4.92x
Market Cap
$39.58B
EV/EBITDA Ratio
25.82x
TTM Avg
23.48x
3Y Avg
20.61x
5Y Avg
22.95x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AT&T Inc. (T) | $175.15B | 6.92x | 7.20x | 6.89x | 6.91x |
| The Walt Disney Company (DIS)vs › | $183.81B | 10.52x | 11.83x | 13.36x | 17.68x |
| T-Mobile US, Inc. (TMUS)vs › | $190.03B | 9.95x | 10.75x | 11.51x | 11.95x |
| Verizon Communications Inc. (VZ)vs › | $208.65B | 8.31x | 7.51x | 7.27x | 7.36x |
| Spotify Technology S.A. (SPOT)vs › | $107.26B | 31.55x | 43.30x | 377.06x | 371.55x |
| Comcast Corporation (CMCSA)vs › | $89.32B | 5.05x | 5.23x | 6.30x | 7.35x |
| DoorDash, Inc. (DASH)vs › | $87.59B | 43.09x | 63.13x | 232.63x | 232.63x |
| Warner Bros. Discovery, Inc. (WBD)vs › | $70.70B | 10.45x | 6.61x | 5.01x | 4.92x |
| Live Nation Entertainment, Inc. (LYV)vs › | $39.58B | 25.82x | 23.48x | 20.61x | 22.95x |
| Netflix, Inc. (NFLX)vs › | $316.50B | 10.05x | 13.60x | 14.15x | 12.23x |
At 6.9, EV/EBITDA is above its estimated 20-year median — higher than 69% 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
4.0
median
6.4
estimated 20-year high
10.0
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 |
|---|---|
| 2026-09-10 | 6.97x |
| 2026-09-09 | 6.91x |
| 2026-09-08 | 6.98x |
| 2026-09-04 | 6.99x |
| 2026-09-03 | 7.07x |
| 2026-09-02 | 7.03x |
| 2026-09-01 | 7.04x |
| 2026-08-31 | 7.02x |
| 2026-08-28 | 7.04x |
| 2026-08-27 | 6.95x |
| 2026-08-26 | 7.02x |
| 2026-08-25 | 7.00x |
| 2026-08-24 | 6.99x |
| 2026-08-21 | 6.93x |
| 2026-08-20 | 6.91x |
| 2026-08-19 | 6.91x |
| 2026-08-18 | 6.87x |
| 2026-08-17 | 6.84x |
| 2026-08-14 | 6.87x |
| 2026-08-13 | 6.82x |
| 2026-08-12 | 6.77x |
| 2026-08-11 | 6.81x |
| 2026-08-10 | 6.74x |
| 2026-08-07 | 6.71x |
| 2026-08-06 | 6.69x |
| 2026-08-05 | 6.60x |
| 2026-08-04 | 6.64x |
| 2026-08-03 | 6.68x |
| 2026-07-31 | 6.62x |
| 2026-07-30 | 6.62x |
| 2026-07-29 | 6.73x |
| 2026-07-28 | 6.84x |
| 2026-07-27 | 6.80x |
| 2026-07-24 | 6.76x |
| 2026-07-23 | 6.58x |
| 2026-07-22 | 6.82x |
| 2026-07-21 | 6.70x |
| 2026-07-20 | 6.65x |
| 2026-07-17 | 6.63x |
| 2026-07-16 | 6.66x |
| 2026-07-15 | 6.57x |
| 2026-07-14 | 6.55x |
| 2026-07-13 | 6.59x |
| 2026-07-10 | 6.53x |
| 2026-07-09 | 6.51x |
| 2026-07-08 | 6.53x |
| 2026-07-07 | 6.52x |
| 2026-07-06 | 6.44x |
| 2026-07-02 | 6.44x |
| 2026-07-01 | 6.43x |
| 2026-06-30 | 6.46x |
| 2026-06-29 | 6.63x |
| 2026-06-26 | 6.77x |
| 2026-06-25 | 6.72x |
| 2026-06-24 | 6.72x |
| 2026-06-23 | 6.78x |
| 2026-06-22 | 6.67x |
| 2026-06-18 | 6.66x |
| 2026-06-17 | 6.73x |
| 2026-06-16 | 6.84x |
| 2026-06-15 | 6.86x |
| 2026-06-12 | 6.90x |
| 2026-06-11 | 6.81x |
| 2026-06-10 | 6.84x |
| 2026-06-09 | 6.77x |
| 2026-06-08 | 6.74x |
| 2026-06-05 | 6.77x |
| 2026-06-04 | 6.78x |
| 2026-06-03 | 6.90x |
| 2026-06-02 | 7.06x |
| 2026-06-01 | 7.05x |
| 2026-05-29 | 7.09x |
| 2026-05-28 | 7.10x |
| 2026-05-27 | 7.10x |
| 2026-05-26 | 7.12x |
| 2026-05-22 | 7.16x |
| 2026-05-21 | 7.17x |
| 2026-05-20 | 7.11x |
| 2026-05-19 | 7.11x |
| 2026-05-18 | 7.03x |
| 2026-05-15 | 6.97x |
| 2026-05-14 | 7.06x |
| 2026-05-13 | 7.08x |
| 2026-05-12 | 7.15x |
| 2026-05-11 | 7.10x |
| 2026-05-08 | 7.14x |
| 2026-05-07 | 7.16x |
| 2026-05-06 | 7.20x |
| 2026-05-05 | 7.25x |
| 2026-05-04 | 7.29x |
| 2026-05-01 | 7.29x |
| 2026-04-30 | 7.29x |
| 2026-04-29 | 7.23x |
| 2026-04-28 | 7.28x |
| 2026-04-27 | 7.47x |
| 2026-04-24 | 7.58x |
| 2026-04-23 | 7.64x |
| 2026-04-22 | 7.54x |
| 2026-04-21 | 7.53x |
| 2026-04-20 | 7.57x |
| 2026-04-17 | 7.63x |
| 2026-04-16 | 7.61x |
| 2026-04-15 | 7.46x |
| 2026-04-14 | 7.48x |
| 2026-04-13 | 7.48x |
| 2026-04-10 | 7.62x |
| 2026-04-09 | 7.68x |
| 2026-04-08 | 7.76x |
| 2026-04-07 | 7.87x |
| 2026-04-06 | 7.91x |
| 2026-04-02 | 7.91x |
| 2026-04-01 | 7.91x |
| 2026-03-31 | 8.02x |
| 2026-03-30 | 7.98x |
| 2026-03-27 | 8.04x |
| 2026-03-26 | 8.01x |
| 2026-03-25 | 7.99x |
| 2026-03-24 | 8.00x |
| 2026-03-23 | 7.98x |
| 2026-03-20 | 7.91x |
| 2026-03-19 | 7.82x |
| 2026-03-18 | 7.77x |
| 2026-03-17 | 7.84x |
| 2026-03-16 | 7.82x |
| 2026-03-13 | 7.82x |
| 2026-03-12 | 7.76x |
| 2026-03-11 | 7.73x |
| 2026-03-10 | 7.82x |
| 2026-03-09 | 7.79x |
| 2026-03-06 | 7.96x |
| 2026-03-05 | 8.01x |
| 2026-03-04 | 8.02x |
| 2026-03-03 | 7.97x |
| 2026-03-02 | 7.86x |
| 2026-02-27 | 7.86x |
| 2026-02-26 | 7.78x |
| 2026-02-25 | 7.84x |
| 2026-02-24 | 7.92x |
| 2026-02-23 | 7.94x |
| 2026-02-20 | 7.86x |
| 2026-02-19 | 7.84x |
| 2026-02-18 | 7.84x |
| 2026-02-17 | 7.97x |
| 2026-02-13 | 7.97x |
| 2026-02-12 | 7.99x |
| 2026-02-11 | 7.94x |
| 2026-02-10 | 7.77x |
| 2026-02-09 | 7.41x |
| 2026-02-06 | 7.42x |
| 2026-02-05 | 7.45x |
| 2026-02-04 | 7.43x |
| 2026-02-03 | 7.37x |
| 2026-02-02 | 7.28x |
| 2026-01-30 | 7.27x |
| 2026-01-29 | 7.10x |
| 2026-01-28 | 6.93x |
| 2026-01-27 | 6.76x |
| 2026-01-26 | 6.83x |
| 2026-01-23 | 6.85x |
| 2026-01-22 | 6.85x |
| 2026-01-21 | 6.84x |
| 2026-01-20 | 6.83x |
| 2026-01-16 | 6.84x |
| 2026-01-15 | 6.87x |
| 2026-01-14 | 6.86x |
| 2026-01-13 | 6.81x |
| 2026-01-12 | 6.88x |
| 2026-01-09 | 6.92x |
| 2026-01-08 | 6.94x |
| 2026-01-07 | 6.91x |
| 2026-01-06 | 6.97x |
| 2026-01-05 | 7.03x |
| 2026-01-02 | 7.01x |
| 2025-12-31 | 7.05x |
| 2025-12-30 | 7.05x |
| 2025-12-29 | 7.04x |
| 2025-12-26 | 7.02x |
| 2025-12-24 | 7.02x |
| 2025-12-23 | 6.99x |
| 2025-12-22 | 6.97x |
| 2025-12-19 | 6.94x |
| 2025-12-18 | 6.96x |
| 2025-12-17 | 6.97x |
| 2025-12-16 | 6.93x |
| 2025-12-15 | 6.97x |
| 2025-12-12 | 7.01x |
| 2025-12-11 | 6.97x |
| 2025-12-10 | 6.98x |
| 2025-12-09 | 7.00x |
| 2025-12-08 | 7.05x |
| 2025-12-05 | 7.12x |
| 2025-12-04 | 7.14x |
| 2025-12-03 | 7.13x |
| 2025-12-02 | 7.16x |
| 2025-12-01 | 7.20x |
| 2025-11-28 | 7.24x |
| 2025-11-26 | 7.21x |
| 2025-11-25 | 7.21x |
| 2025-11-24 | 7.18x |
| 2025-11-21 | 7.23x |
| 2025-11-20 | 7.16x |
| 2025-11-19 | 7.12x |
| 2025-11-18 | 7.17x |
| 2025-11-17 | 7.15x |
| 2025-11-14 | 7.17x |
| 2025-11-13 | 7.20x |
| 2025-11-12 | 7.18x |
| 2025-11-11 | 7.11x |
| 2025-11-10 | 7.05x |
| 2025-11-07 | 7.05x |
| 2025-11-06 | 7.04x |
| 2025-11-05 | 7.01x |
| 2025-11-04 | 6.99x |
| 2025-11-03 | 7.00x |
| 2025-10-31 | 7.06x |
| 2025-10-30 | 7.05x |
| 2025-10-29 | 7.12x |
| 2025-10-28 | 7.21x |
| 2025-10-27 | 7.18x |
| 2025-10-24 | 7.12x |
| 2025-10-23 | 7.04x |
| 2025-10-22 | 7.19x |
| 2025-10-21 | 7.27x |
| 2025-10-20 | 7.28x |
| 2025-10-17 | 7.31x |
| 2025-10-16 | 7.29x |
| 2025-10-15 | 7.27x |
| 2025-10-14 | 7.28x |
| 2025-10-13 | 7.19x |
| 2025-10-10 | 7.24x |
| 2025-10-09 | 7.28x |
| 2025-10-08 | 7.30x |
| 2025-10-07 | 7.28x |
| 2025-10-06 | 7.24x |
| 2025-10-03 | 7.43x |
| 2025-10-02 | 7.42x |
| 2025-10-01 | 7.51x |
| 2025-09-30 | 7.62x |
| 2025-09-29 | 7.59x |
| 2025-09-26 | 7.63x |
| 2025-09-25 | 7.63x |
| 2025-09-24 | 7.63x |
| 2025-09-23 | 7.71x |
| 2025-09-22 | 7.73x |
| 2025-09-19 | 7.74x |
| 2025-09-18 | 7.77x |
| 2025-09-17 | 7.83x |
| 2025-09-16 | 7.79x |
| 2025-09-15 | 7.84x |
| 2025-09-12 | 7.83x |
| 2025-09-11 | 7.82x |
| 2025-09-10 | 7.77x |
| 2025-09-09 | 7.81x |
| 2025-09-08 | 7.72x |
| 2025-09-05 | 7.83x |
| 2025-09-04 | 7.83x |
| 2025-09-03 | 7.75x |
| 2025-09-02 | 7.75x |
| 2025-08-29 | 7.79x |
| 2025-08-28 | 7.73x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
