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 28.65x is 38% below its estimated 2-year average of 46.38x, near the low end of its estimated 2-year range (20.79x–464.98x).
As of 2026-09-19T00:16:01.560Z. 22.47% below its estimated 12-month average of 36.95x.
Calculation as of: 2026-09-19T00:16:01.560Z.
Quote observation: 2026-09-18T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: b5e83b6b6c1bfc9124f01e801999687f590529030f22870c876f5c785c77e9ec
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
28.65x
EV/EBITDA RATIO AVG TTM
36.95x
EV/EBITDA RATIO AVG 3Y
N/A
EV/EBITDA RATIO AVG 5Y
N/A
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
-22.47%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
16.23x
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+76.52%
vs the sector median at left
TransMedics Group, Inc.
Market Cap
$2.99B
EV/EBITDA Ratio
28.65x
TTM Avg
36.95x
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.91B
EV/EBITDA Ratio
4.67x
TTM Avg
7.24x
3Y Avg
37.71x
5Y Avg
27.96x
Market Cap
$1.14B
EV/EBITDA Ratio
13.84x
TTM Avg
31.72x
3Y Avg
207.06x
5Y Avg
207.06x
Market Cap
$5.10B
EV/EBITDA Ratio
16.22x
TTM Avg
16.11x
3Y Avg
20.05x
5Y Avg
21.93x
Market Cap
$5.59B
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$45.05M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TransMedics Group, Inc. (TMDX) | $2.99B | 28.65x | 36.95x | N/A | N/A |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $1.91B | 4.67x | 7.24x | 37.71x | 27.96x |
| Teladoc Health, Inc. (TDOC)vs › | $1.14B | 13.84x | 31.72x | 207.06x | 207.06x |
| Doximity, Inc. (DOCS)vs › | $4.88B | 21.83x | 28.46x | 37.30x | 54.31x |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.10B | 16.22x | 16.11x | 20.05x | 21.93x |
| NRC Health (NRC)vs › | $463.35M | 23.54x | 15.62x | 15.05x | 16.65x |
| Scholar Rock Holding Corporation (SRRK)vs › | $5.59B | N/A | N/A | N/A | N/A |
| Shoulder Innovations, Inc. (SI)vs › | $376.61M | N/A | N/A | N/A | N/A |
| PDS Biotechnology Corporation (PDSB)vs › | $45.05M | N/A | N/A | N/A | N/A |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.24B | N/A | 64.66x | 316.14x | 316.14x |
At 28.6, EV/EBITDA is below its estimated 2-year median — higher than 12% of readings in its estimated 2-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 2-year low
20.8
median
47.9
estimated 2-year high
465.0
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 |
|---|---|
| 2026-09-11 | 31.69x |
| 2026-09-10 | 32.68x |
| 2026-09-09 | 33.15x |
| 2026-09-08 | 33.79x |
| 2026-09-04 | 34.38x |
| 2026-09-03 | 33.35x |
| 2026-09-02 | 32.42x |
| 2026-09-01 | 31.71x |
| 2026-08-31 | 32.62x |
| 2026-08-28 | 33.85x |
| 2026-08-27 | 34.99x |
| 2026-08-26 | 35.15x |
| 2026-08-25 | 35.63x |
| 2026-08-24 | 35.63x |
| 2026-08-21 | 36.03x |
| 2026-08-20 | 34.68x |
| 2026-08-19 | 35.76x |
| 2026-08-18 | 34.63x |
| 2026-08-17 | 33.82x |
| 2026-08-14 | 33.90x |
| 2026-08-13 | 34.26x |
| 2026-08-12 | 33.36x |
| 2026-08-11 | 34.17x |
| 2026-08-10 | 33.84x |
| 2026-08-07 | 32.28x |
| 2026-08-06 | 31.01x |
| 2026-08-05 | 29.73x |
| 2026-08-04 | 26.10x |
| 2026-08-03 | 26.33x |
| 2026-07-31 | 24.90x |
| 2026-07-30 | 24.79x |
| 2026-07-29 | 25.32x |
| 2026-07-28 | 24.84x |
| 2026-07-27 | 24.27x |
| 2026-07-24 | 23.69x |
| 2026-07-23 | 23.37x |
| 2026-07-22 | 23.39x |
| 2026-07-21 | 24.27x |
| 2026-07-20 | 24.04x |
| 2026-07-17 | 24.18x |
| 2026-07-16 | 24.75x |
| 2026-07-15 | 24.58x |
| 2026-07-14 | 24.35x |
| 2026-07-13 | 24.68x |
| 2026-07-10 | 23.40x |
| 2026-07-09 | 23.67x |
| 2026-07-08 | 23.17x |
| 2026-07-07 | 23.36x |
| 2026-07-06 | 23.40x |
| 2026-07-02 | 22.72x |
| 2026-07-01 | 22.44x |
| 2026-06-30 | 22.03x |
| 2026-06-29 | 22.28x |
| 2026-06-26 | 22.61x |
| 2026-06-25 | 25.25x |
| 2026-06-24 | 25.21x |
| 2026-06-23 | 24.14x |
| 2026-06-22 | 24.61x |
| 2026-06-18 | 25.55x |
| 2026-06-17 | 23.96x |
| 2026-06-16 | 24.70x |
| 2026-06-15 | 24.61x |
| 2026-06-12 | 23.88x |
| 2026-06-11 | 24.07x |
| 2026-06-10 | 24.40x |
| 2026-06-09 | 24.27x |
| 2026-06-08 | 23.37x |
| 2026-06-05 | 22.89x |
| 2026-06-04 | 23.44x |
| 2026-06-03 | 22.96x |
| 2026-06-02 | 22.61x |
| 2026-06-01 | 22.35x |
| 2026-05-29 | 22.25x |
| 2026-05-28 | 22.43x |
| 2026-05-27 | 23.09x |
| 2026-05-26 | 23.18x |
| 2026-05-22 | 22.75x |
| 2026-05-21 | 22.72x |
| 2026-05-20 | 22.48x |
| 2026-05-19 | 21.95x |
| 2026-05-18 | 22.58x |
| 2026-05-15 | 21.12x |
| 2026-05-14 | 20.79x |
| 2026-05-13 | 21.39x |
| 2026-05-12 | 21.32x |
| 2026-05-11 | 21.43x |
| 2026-05-08 | 22.44x |
| 2026-05-07 | 23.87x |
| 2026-05-06 | 23.88x |
| 2026-05-05 | 28.48x |
| 2026-05-04 | 29.13x |
| 2026-05-01 | 30.01x |
| 2026-04-30 | 30.25x |
| 2026-04-29 | 29.58x |
| 2026-04-28 | 30.39x |
| 2026-04-27 | 32.46x |
| 2026-04-24 | 33.30x |
| 2026-04-23 | 33.99x |
| 2026-04-22 | 34.42x |
| 2026-04-21 | 32.69x |
| 2026-04-20 | 33.97x |
| 2026-04-17 | 34.79x |
| 2026-04-16 | 32.76x |
| 2026-04-15 | 34.86x |
| 2026-04-14 | 34.73x |
| 2026-04-13 | 34.04x |
| 2026-04-10 | 34.23x |
| 2026-04-09 | 32.78x |
| 2026-04-08 | 32.83x |
| 2026-04-07 | 32.21x |
| 2026-04-06 | 31.45x |
| 2026-04-02 | 30.22x |
| 2026-04-01 | 30.13x |
| 2026-03-31 | 29.83x |
| 2026-03-30 | 28.29x |
| 2026-03-27 | 29.72x |
| 2026-03-26 | 30.67x |
| 2026-03-25 | 31.55x |
| 2026-03-24 | 32.70x |
| 2026-03-23 | 33.65x |
| 2026-03-20 | 34.20x |
| 2026-03-19 | 34.14x |
| 2026-03-18 | 33.99x |
| 2026-03-17 | 37.46x |
| 2026-03-16 | 37.45x |
| 2026-03-13 | 37.09x |
| 2026-03-12 | 36.43x |
| 2026-03-11 | 38.74x |
| 2026-03-10 | 39.31x |
| 2026-03-09 | 40.49x |
| 2026-03-06 | 38.93x |
| 2026-03-05 | 42.09x |
| 2026-03-04 | 44.38x |
| 2026-03-03 | 44.48x |
| 2026-03-02 | 44.18x |
| 2026-02-27 | 43.65x |
| 2026-02-26 | 40.43x |
| 2026-02-25 | 39.61x |
| 2026-02-24 | 46.70x |
| 2026-02-23 | 45.65x |
| 2026-02-20 | 45.52x |
| 2026-02-19 | 45.06x |
| 2026-02-18 | 45.94x |
| 2026-02-17 | 45.37x |
| 2026-02-13 | 44.04x |
| 2026-02-12 | 43.59x |
| 2026-02-11 | 45.20x |
| 2026-02-10 | 47.21x |
| 2026-02-09 | 46.22x |
| 2026-02-06 | 45.79x |
| 2026-02-05 | 43.96x |
| 2026-02-04 | 44.21x |
| 2026-02-03 | 46.01x |
| 2026-02-02 | 45.43x |
| 2026-01-30 | 45.43x |
| 2026-01-29 | 47.10x |
| 2026-01-28 | 47.78x |
| 2026-01-27 | 46.94x |
| 2026-01-26 | 47.22x |
| 2026-01-23 | 45.87x |
| 2026-01-22 | 46.81x |
| 2026-01-21 | 45.37x |
| 2026-01-20 | 48.10x |
| 2026-01-16 | 48.58x |
| 2026-01-15 | 48.69x |
| 2026-01-14 | 48.11x |
| 2026-01-13 | 48.36x |
| 2026-01-12 | 45.66x |
| 2026-01-09 | 46.46x |
| 2026-01-08 | 46.63x |
| 2026-01-07 | 46.53x |
| 2026-01-06 | 44.99x |
| 2026-01-05 | 42.84x |
| 2026-01-02 | 41.64x |
| 2025-12-31 | 41.29x |
| 2025-12-30 | 41.38x |
| 2025-12-29 | 41.76x |
| 2025-12-26 | 42.14x |
| 2025-12-24 | 43.08x |
| 2025-12-23 | 43.49x |
| 2025-12-22 | 43.87x |
| 2025-12-19 | 43.31x |
| 2025-12-18 | 41.09x |
| 2025-12-17 | 41.38x |
| 2025-12-16 | 42.42x |
| 2025-12-15 | 41.79x |
| 2025-12-12 | 43.01x |
| 2025-12-11 | 43.29x |
| 2025-12-10 | 44.50x |
| 2025-12-09 | 45.70x |
| 2025-12-08 | 46.31x |
| 2025-12-05 | 46.28x |
| 2025-12-04 | 46.99x |
| 2025-12-03 | 47.48x |
| 2025-12-02 | 48.04x |
| 2025-12-01 | 50.95x |
| 2025-11-28 | 49.57x |
| 2025-11-26 | 49.38x |
| 2025-11-25 | 49.46x |
| 2025-11-24 | 47.52x |
| 2025-11-21 | 44.40x |
| 2025-11-20 | 42.02x |
| 2025-11-19 | 45.26x |
| 2025-11-18 | 39.75x |
| 2025-11-17 | 38.52x |
| 2025-11-14 | 39.06x |
| 2025-11-13 | 39.24x |
| 2025-11-12 | 40.46x |
| 2025-11-11 | 41.45x |
| 2025-11-10 | 41.54x |
| 2025-11-07 | 40.45x |
| 2025-11-06 | 42.40x |
| 2025-11-05 | 42.23x |
| 2025-11-04 | 41.47x |
| 2025-11-03 | 42.32x |
| 2025-10-31 | 44.61x |
| 2025-10-30 | 46.03x |
| 2025-10-29 | 55.49x |
| 2025-10-28 | 53.63x |
| 2025-10-27 | 54.74x |
| 2025-10-24 | 53.96x |
| 2025-10-23 | 53.31x |
| 2025-10-22 | 49.52x |
| 2025-10-21 | 49.76x |
| 2025-10-20 | 49.66x |
| 2025-10-17 | 48.74x |
| 2025-10-16 | 47.96x |
| 2025-10-15 | 46.71x |
| 2025-10-14 | 46.16x |
| 2025-10-13 | 46.35x |
| 2025-10-10 | 44.56x |
| 2025-10-09 | 46.86x |
| 2025-10-08 | 48.92x |
| 2025-10-07 | 47.75x |
| 2025-10-06 | 47.25x |
| 2025-10-03 | 47.96x |
| 2025-10-02 | 48.11x |
| 2025-10-01 | 47.64x |
| 2025-09-30 | 46.55x |
| 2025-09-29 | 46.73x |
| 2025-09-26 | 47.22x |
| 2025-09-25 | 47.24x |
| 2025-09-24 | 48.66x |
| 2025-09-23 | 49.92x |
| 2025-09-22 | 51.79x |
| 2025-09-19 | 50.63x |
| 2025-09-18 | 50.15x |
| 2025-09-17 | 49.63x |
| 2025-09-16 | 49.36x |
| 2025-09-15 | 47.39x |
| 2025-09-12 | 47.51x |
| 2025-09-11 | 48.49x |
| 2025-09-10 | 44.77x |
| 2025-09-09 | 44.96x |
| 2025-09-08 | 43.87x |
| 2025-09-05 | 43.24x |
| 2025-09-04 | 43.25x |
| 2025-09-03 | 44.42x |
| 2025-09-02 | 46.29x |
| 2025-08-29 | 47.67x |
Showing the most recent 260 of 529 data points. The chart above shows the full history.