Basis: Current FMP quote-based enterprise value / four-quarter operating income. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBIT ratio high or low?
The EV/EBIT ratio of 32.05x is 11% above its estimated 5-year average of 28.75x, near the high end of its estimated 5-year range (20.31x–36.01x).
As of 2026-09-10T20:00:02.000Z. 8.91% above its estimated 12-month average of 29.43x.
Quote observation: 2026-09-10T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 8233e5283909ab17bac4fe0d43cc0ba3aba61090fff26db7a4ef3d6a4b71faa0
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/EBIT RATIO
32.05x
EV/EBIT RATIO AVG TTM
29.43x
EV/EBIT RATIO AVG 3Y
30.36x
EV/EBIT RATIO AVG 5Y
28.75x
EV/EBIT RATIO AVG 10Y
29.98x
EV/EBIT RATIO AVG 15Y
28.71x
EV/EBIT RATIO AVG 20Y
27.05x
CURRENT VS TTM AVG
+8.91%
CURRENT VS 3Y AVG
+5.58%
CURRENT VS 5Y AVG
+11.49%
CURRENT VS 10Y AVG
+6.90%
CURRENT VS 15Y AVG
+11.64%
CURRENT VS 20Y AVG
+18.47%
SECTOR MEDIAN · HEALTHCARE
21.18x
median of 77 covered companies
CURRENT VS SECTOR MEDIAN
+51.32%
vs the sector median at left
Thermo Fisher Scientific Inc.
Market Cap
$224.15B
EV/EBIT Ratio
32.05x
TTM Avg
29.43x
3Y Avg
30.36x
5Y Avg
28.75x
Market Cap
$179.79B
EV/EBIT Ratio
N/A
TTM Avg
17.79x
3Y Avg
42.84x
5Y Avg
31.29x
Market Cap
$178.87B
EV/EBIT Ratio
26.02x
TTM Avg
26.31x
3Y Avg
29.97x
5Y Avg
27.56x
Market Cap
$141.00B
EV/EBIT Ratio
31.83x
TTM Avg
30.67x
3Y Avg
33.07x
5Y Avg
29.59x
Market Cap
$130.60B
EV/EBIT Ratio
25.95x
TTM Avg
26.46x
3Y Avg
25.62x
5Y Avg
22.29x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Thermo Fisher Scientific Inc. (TMO) | $224.15B | 32.05x | 29.43x | 30.36x | 28.75x |
| Amgen Inc. (AMGN)vs › | $206.42B | 19.75x | 23.41x | 26.54x | 23.44x |
| AstraZeneca PLC (AZN)vs › | $247.58B | 19.68x | 23.19x | 25.58x | 395.97x |
| Novo Nordisk A/S (NVO)vs › | $195.43B | 9.54x | 10.93x | 22.60x | 24.79x |
| Gilead Sciences, Inc. (GILD)vs › | $179.79B | N/A | 17.79x | 42.84x | 31.29x |
| Abbott Laboratories (ABT)vs › | $178.87B | 26.02x | 26.31x | 29.97x | 27.56x |
| Pfizer Inc. (PFE)vs › | $157.59B | 13.76x | 12.83x | 32.00x | 23.48x |
| Danaher Corporation (DHR)vs › | $141.00B | 31.83x | 30.67x | 33.07x | 29.59x |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $130.60B | 25.95x | 26.46x | 25.62x | 22.29x |
| Bristol-Myers Squibb Company (BMY)vs › | $130.22B | 11.84x | 11.20x | 14.80x | 17.77x |
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-09-09 | 32.12x |
| 2026-09-08 | 32.00x |
| 2026-09-04 | 32.48x |
| 2026-09-03 | 32.69x |
| 2026-09-02 | 32.25x |
| 2026-09-01 | 31.88x |
| 2026-08-31 | 32.63x |
| 2026-08-28 | 32.86x |
| 2026-08-27 | 33.25x |
| 2026-08-26 | 33.39x |
| 2026-08-25 | 33.13x |
| 2026-08-24 | 33.16x |
| 2026-08-21 | 33.18x |
| 2026-08-20 | 33.11x |
| 2026-08-19 | 32.47x |
| 2026-08-18 | 31.36x |
| 2026-08-17 | 31.20x |
| 2026-08-14 | 31.33x |
| 2026-08-13 | 31.67x |
| 2026-08-12 | 32.00x |
| 2026-08-11 | 32.09x |
| 2026-08-10 | 31.85x |
| 2026-08-07 | 31.59x |
| 2026-08-06 | 30.95x |
| 2026-08-05 | 30.86x |
| 2026-08-04 | 30.26x |
| 2026-08-03 | 30.68x |
| 2026-07-31 | 31.67x |
| 2026-07-30 | 31.78x |
| 2026-07-29 | 31.77x |
| 2026-07-28 | 31.76x |
| 2026-07-27 | 30.98x |
| 2026-07-24 | 31.39x |
| 2026-07-23 | 31.57x |
| 2026-07-22 | 29.44x |
| 2026-07-21 | 29.30x |
| 2026-07-20 | 29.43x |
| 2026-07-17 | 29.72x |
| 2026-07-16 | 30.22x |
| 2026-07-15 | 29.85x |
| 2026-07-14 | 29.80x |
| 2026-07-13 | 29.54x |
| 2026-07-10 | 29.47x |
| 2026-07-09 | 29.36x |
| 2026-07-08 | 28.68x |
| 2026-07-07 | 28.99x |
| 2026-07-06 | 29.03x |
| 2026-07-02 | 29.30x |
| 2026-07-01 | 28.83x |
| 2026-06-30 | 28.28x |
| 2026-06-29 | 28.51x |
| 2026-06-26 | 28.82x |
| 2026-06-25 | 28.48x |
| 2026-06-24 | 27.85x |
| 2026-06-23 | 26.79x |
| 2026-06-22 | 26.54x |
| 2026-06-18 | 26.57x |
| 2026-06-17 | 26.43x |
| 2026-06-16 | 26.94x |
| 2026-06-15 | 26.99x |
| 2026-06-12 | 26.79x |
| 2026-06-11 | 27.08x |
| 2026-06-10 | 27.38x |
| 2026-06-09 | 27.94x |
| 2026-06-08 | 26.80x |
| 2026-06-05 | 26.95x |
| 2026-06-04 | 27.38x |
| 2026-06-03 | 27.00x |
| 2026-06-02 | 27.38x |
| 2026-06-01 | 27.94x |
| 2026-05-29 | 27.86x |
| 2026-05-28 | 27.62x |
| 2026-05-27 | 26.18x |
| 2026-05-26 | 25.80x |
| 2026-05-22 | 25.81x |
| 2026-05-21 | 25.86x |
| 2026-05-20 | 25.97x |
| 2026-05-19 | 25.79x |
| 2026-05-18 | 25.52x |
| 2026-05-15 | 25.35x |
| 2026-05-14 | 25.81x |
| 2026-05-13 | 25.70x |
| 2026-05-12 | 26.32x |
| 2026-05-11 | 26.01x |
| 2026-05-08 | 26.59x |
| 2026-05-07 | 27.03x |
| 2026-05-06 | 26.96x |
| 2026-05-05 | 26.67x |
| 2026-05-04 | 26.47x |
| 2026-05-01 | 25.80x |
| 2026-04-30 | 26.26x |
| 2026-04-29 | 25.66x |
| 2026-04-28 | 25.84x |
| 2026-04-27 | 25.74x |
| 2026-04-24 | 25.82x |
| 2026-04-23 | 25.68x |
| 2026-04-22 | 27.91x |
| 2026-04-21 | 28.40x |
| 2026-04-20 | 28.47x |
| 2026-04-17 | 28.50x |
| 2026-04-16 | 28.00x |
| 2026-04-15 | 28.74x |
| 2026-04-14 | 28.53x |
| 2026-04-13 | 27.92x |
| 2026-04-10 | 27.06x |
| 2026-04-09 | 27.27x |
| 2026-04-08 | 27.41x |
| 2026-04-07 | 26.75x |
| 2026-04-06 | 26.69x |
| 2026-04-02 | 26.84x |
| 2026-04-01 | 26.99x |
| 2026-03-31 | 26.85x |
| 2026-03-30 | 26.31x |
| 2026-03-27 | 25.99x |
| 2026-03-26 | 26.72x |
| 2026-03-25 | 26.81x |
| 2026-03-24 | 26.79x |
| 2026-03-23 | 26.22x |
| 2026-03-20 | 26.04x |
| 2026-03-19 | 25.84x |
| 2026-03-18 | 25.58x |
| 2026-03-17 | 25.96x |
| 2026-03-16 | 25.83x |
| 2026-03-13 | 25.57x |
| 2026-03-12 | 26.11x |
| 2026-03-11 | 27.05x |
| 2026-03-10 | 27.25x |
| 2026-03-09 | 27.72x |
| 2026-03-06 | 27.34x |
| 2026-03-05 | 28.13x |
| 2026-03-04 | 27.85x |
| 2026-03-03 | 27.63x |
| 2026-03-02 | 27.65x |
| 2026-02-27 | 28.24x |
| 2026-02-26 | 28.90x |
| 2026-02-25 | 28.60x |
| 2026-02-24 | 28.69x |
| 2026-02-23 | 28.73x |
| 2026-02-20 | 28.47x |
| 2026-02-19 | 28.67x |
| 2026-02-18 | 28.59x |
| 2026-02-17 | 28.02x |
| 2026-02-13 | 28.18x |
| 2026-02-12 | 28.41x |
| 2026-02-11 | 29.24x |
| 2026-02-10 | 29.84x |
| 2026-02-09 | 30.17x |
| 2026-02-06 | 29.98x |
| 2026-02-05 | 29.96x |
| 2026-02-04 | 31.04x |
| 2026-02-03 | 31.27x |
| 2026-02-02 | 31.83x |
| 2026-01-30 | 31.68x |
| 2026-01-29 | 32.32x |
| 2026-01-28 | 33.07x |
| 2026-01-27 | 33.83x |
| 2026-01-26 | 33.96x |
| 2026-01-23 | 33.93x |
| 2026-01-22 | 34.56x |
| 2026-01-21 | 34.42x |
| 2026-01-20 | 33.59x |
| 2026-01-16 | 33.58x |
| 2026-01-15 | 33.86x |
| 2026-01-14 | 33.73x |
| 2026-01-13 | 33.03x |
| 2026-01-12 | 33.43x |
| 2026-01-09 | 33.59x |
| 2026-01-08 | 33.00x |
| 2026-01-07 | 33.51x |
| 2026-01-06 | 33.68x |
| 2026-01-05 | 33.22x |
| 2026-01-02 | 32.34x |
| 2025-12-31 | 31.72x |
| 2025-12-30 | 31.91x |
| 2025-12-29 | 31.98x |
| 2025-12-26 | 31.78x |
| 2025-12-24 | 31.70x |
| 2025-12-23 | 31.74x |
| 2025-12-22 | 31.54x |
| 2025-12-19 | 31.17x |
| 2025-12-18 | 30.91x |
| 2025-12-17 | 30.92x |
| 2025-12-16 | 31.28x |
| 2025-12-15 | 31.55x |
| 2025-12-12 | 31.38x |
| 2025-12-11 | 31.69x |
| 2025-12-10 | 31.45x |
| 2025-12-09 | 30.94x |
| 2025-12-08 | 31.18x |
| 2025-12-05 | 31.40x |
| 2025-12-04 | 31.52x |
| 2025-12-03 | 31.77x |
| 2025-12-02 | 31.76x |
| 2025-12-01 | 31.99x |
| 2025-11-28 | 32.26x |
| 2025-11-26 | 32.37x |
| 2025-11-25 | 32.59x |
| 2025-11-24 | 32.03x |
| 2025-11-21 | 32.10x |
| 2025-11-20 | 31.40x |
| 2025-11-19 | 31.45x |
| 2025-11-18 | 31.56x |
| 2025-11-17 | 31.14x |
| 2025-11-14 | 31.68x |
| 2025-11-13 | 31.75x |
| 2025-11-12 | 32.12x |
| 2025-11-11 | 32.05x |
| 2025-11-10 | 31.57x |
| 2025-11-07 | 31.38x |
| 2025-11-06 | 31.08x |
| 2025-11-05 | 31.16x |
| 2025-11-04 | 31.04x |
| 2025-11-03 | 31.03x |
| 2025-10-31 | 30.87x |
| 2025-10-30 | 30.34x |
| 2025-10-29 | 30.44x |
| 2025-10-28 | 30.40x |
| 2025-10-27 | 30.70x |
| 2025-10-24 | 31.11x |
| 2025-10-23 | 31.08x |
| 2025-10-22 | 30.86x |
| 2025-10-21 | 30.42x |
| 2025-10-20 | 29.75x |
| 2025-10-17 | 29.51x |
| 2025-10-16 | 29.41x |
| 2025-10-15 | 28.99x |
| 2025-10-14 | 28.89x |
| 2025-10-13 | 28.83x |
| 2025-10-10 | 28.84x |
| 2025-10-09 | 29.31x |
| 2025-10-08 | 29.38x |
| 2025-10-07 | 29.53x |
| 2025-10-06 | 29.75x |
| 2025-10-03 | 29.72x |
| 2025-10-02 | 28.85x |
| 2025-10-01 | 29.12x |
| 2025-09-30 | 26.95x |
| 2025-09-29 | 25.85x |
| 2025-09-26 | 25.96x |
| 2025-09-25 | 25.72x |
| 2025-09-24 | 26.14x |
| 2025-09-23 | 26.22x |
| 2025-09-22 | 26.47x |
| 2025-09-19 | 26.69x |
| 2025-09-18 | 26.76x |
| 2025-09-17 | 26.36x |
| 2025-09-16 | 26.74x |
| 2025-09-15 | 26.44x |
| 2025-09-12 | 26.68x |
| 2025-09-11 | 27.25x |
| 2025-09-10 | 26.54x |
| 2025-09-09 | 26.82x |
| 2025-09-08 | 27.07x |
| 2025-09-05 | 27.31x |
| 2025-09-04 | 27.16x |
| 2025-09-03 | 26.93x |
| 2025-09-02 | 27.07x |
| 2025-08-29 | 27.31x |
| 2025-08-28 | 27.17x |
| 2025-08-27 | 27.10x |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.
