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 14.68x is in line with its 5-year average of 13.69x, around the middle of its 5-year range (11.03x–18.23x).
As of Thursday, August 27, 2026. 9.25% below its 12-month average of 16.18x.
EV/EBITDA RATIO
14.68x
EV/EBITDA RATIO AVG TTM
16.18x
EV/EBITDA RATIO AVG 3Y
14.32x
EV/EBITDA RATIO AVG 5Y
13.69x
EV/EBITDA RATIO AVG 10Y
13.43x
EV/EBITDA RATIO AVG 15Y
12.84x
EV/EBITDA RATIO AVG 20Y
12.29x
CURRENT VS TTM AVG
-9.25%
CURRENT VS 3Y AVG
+2.48%
CURRENT VS 5Y AVG
+7.27%
CURRENT VS 10Y AVG
+9.33%
CURRENT VS 15Y AVG
+14.33%
CURRENT VS 20Y AVG
+19.41%
SECTOR MEDIAN · ENERGY
8.80x
median of 46 covered companies
CURRENT VS SECTOR MEDIAN
+66.82%
vs the sector median at left
TC Energy Corporation
Market Cap
$64.40B
EV/EBITDA Ratio
14.68x
TTM Avg
16.18x
3Y Avg
14.32x
5Y Avg
13.69x
Market Cap
$61.95B
EV/EBITDA Ratio
12.79x
TTM Avg
12.17x
3Y Avg
11.03x
5Y Avg
12.10x
Market Cap
$61.78B
EV/EBITDA Ratio
14.83x
TTM Avg
13.28x
3Y Avg
12.13x
5Y Avg
11.29x
Market Cap
$58.78B
EV/EBITDA Ratio
5.22x
TTM Avg
5.70x
3Y Avg
5.50x
5Y Avg
5.39x
Market Cap
$70.28B
EV/EBITDA Ratio
13.30x
TTM Avg
13.72x
3Y Avg
12.88x
5Y Avg
11.97x
Market Cap
$55.61B
EV/EBITDA Ratio
6.86x
TTM Avg
6.72x
3Y Avg
6.44x
5Y Avg
7.05x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TC Energy Corporation (TRP) | $64.40B | 14.68x | 16.18x | 14.32x | 13.69x |
| Baker Hughes Company (BKR)vs › | $61.95B | 12.79x | 12.17x | 11.03x | 12.10x |
| Targa Resources Corp. (TRGP)vs › | $61.78B | 14.83x | 13.28x | 12.13x | 11.29x |
| MPLX Lp (MPLX)vs › | $60.12B | 12.26x | 11.47x | 10.64x | 10.12x |
| ONEOK, Inc. (OKE)vs › | $59.71B | 10.53x | 10.71x | 12.58x | 12.16x |
| Occidental Petroleum Corporation (OXY)vs › | $58.78B | 5.22x | 5.70x | 5.50x | 5.39x |
| Kinder Morgan, Inc. (KMI)vs › | $70.28B | 13.30x | 13.72x | 12.88x | 11.97x |
| Diamondback Energy, Inc. (FANG)vs › | $55.61B | 6.86x | 6.72x | 6.44x | 7.05x |
| Energy Transfer LP (ET)vs › | $73.33B | 8.53x | 8.66x | 8.36x | 7.84x |
| EOG Resources, Inc. (EOG)vs › | $76.35B | 5.12x | 5.68x | 5.46x | 5.87x |
At 14.7, EV/EBITDA is above its 20-year median — higher than 87% of readings in its 20-year history.
20-year low
5.9
median
12.2
20-year high
18.2
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 |
|---|---|
| 2026-08-27 | 14.68x |
| 2026-08-26 | 14.80x |
| 2026-08-25 | 14.65x |
| 2026-08-24 | 14.68x |
| 2026-08-21 | 14.68x |
| 2026-08-20 | 14.82x |
| 2026-08-19 | 14.73x |
| 2026-08-18 | 14.96x |
| 2026-08-17 | 14.86x |
| 2026-08-14 | 14.96x |
| 2026-08-13 | 14.84x |
| 2026-08-12 | 14.90x |
| 2026-08-11 | 14.91x |
| 2026-08-10 | 14.86x |
| 2026-08-07 | 14.85x |
| 2026-08-06 | 14.94x |
| 2026-08-05 | 14.94x |
| 2026-08-04 | 15.15x |
| 2026-08-03 | 15.22x |
| 2026-07-31 | 15.44x |
| 2026-07-30 | 15.54x |
| 2026-07-29 | 15.66x |
| 2026-07-28 | 15.72x |
| 2026-07-27 | 15.82x |
| 2026-07-24 | 16.14x |
| 2026-07-23 | 16.05x |
| 2026-07-22 | 16.03x |
| 2026-07-21 | 15.86x |
| 2026-07-20 | 15.84x |
| 2026-07-17 | 16.02x |
| 2026-07-16 | 16.04x |
| 2026-07-15 | 15.92x |
| 2026-07-14 | 15.84x |
| 2026-07-13 | 15.76x |
| 2026-07-10 | 15.67x |
| 2026-07-09 | 15.76x |
| 2026-07-08 | 15.91x |
| 2026-07-07 | 15.88x |
| 2026-07-06 | 15.62x |
| 2026-07-02 | 15.55x |
| 2026-07-01 | 15.43x |
| 2026-06-30 | 15.52x |
| 2026-06-29 | 15.84x |
| 2026-06-26 | 16.00x |
| 2026-06-25 | 16.08x |
| 2026-06-24 | 15.96x |
| 2026-06-23 | 15.97x |
| 2026-06-22 | 15.83x |
| 2026-06-18 | 15.72x |
| 2026-06-17 | 15.75x |
| 2026-06-16 | 15.90x |
| 2026-06-15 | 15.92x |
| 2026-06-12 | 15.97x |
| 2026-06-11 | 15.95x |
| 2026-06-10 | 15.88x |
| 2026-06-09 | 15.79x |
| 2026-06-08 | 15.80x |
| 2026-06-05 | 15.86x |
| 2026-06-04 | 15.90x |
| 2026-06-03 | 15.74x |
| 2026-06-02 | 15.77x |
| 2026-06-01 | 15.50x |
| 2026-05-29 | 15.57x |
| 2026-05-28 | 15.71x |
| 2026-05-27 | 15.79x |
| 2026-05-26 | 15.99x |
| 2026-05-22 | 16.18x |
| 2026-05-21 | 16.13x |
| 2026-05-20 | 16.07x |
| 2026-05-19 | 15.97x |
| 2026-05-18 | 15.96x |
| 2026-05-15 | 15.80x |
| 2026-05-14 | 15.79x |
| 2026-05-13 | 15.63x |
| 2026-05-12 | 15.52x |
| 2026-05-11 | 15.41x |
| 2026-05-08 | 15.30x |
| 2026-05-07 | 15.35x |
| 2026-05-06 | 15.41x |
| 2026-05-05 | 15.52x |
| 2026-05-04 | 15.49x |
| 2026-05-01 | 15.56x |
| 2026-04-30 | 15.61x |
| 2026-04-29 | 15.19x |
| 2026-04-28 | 15.04x |
| 2026-04-27 | 14.89x |
| 2026-04-24 | 14.91x |
| 2026-04-23 | 14.74x |
| 2026-04-22 | 14.63x |
| 2026-04-21 | 14.63x |
| 2026-04-20 | 14.74x |
| 2026-04-17 | 14.71x |
| 2026-04-16 | 14.68x |
| 2026-04-15 | 14.75x |
| 2026-04-14 | 14.84x |
| 2026-04-13 | 14.98x |
| 2026-04-10 | 15.17x |
| 2026-04-09 | 15.22x |
| 2026-04-08 | 15.18x |
| 2026-04-07 | 15.11x |
| 2026-04-06 | 15.00x |
| 2026-04-02 | 15.10x |
| 2026-04-01 | 14.94x |
| 2026-03-31 | 14.99x |
| 2026-03-30 | 15.05x |
| 2026-03-27 | 16.24x |
| 2026-03-26 | 16.28x |
| 2026-03-25 | 16.34x |
| 2026-03-24 | 16.34x |
| 2026-03-23 | 16.32x |
| 2026-03-20 | 16.23x |
| 2026-03-19 | 16.36x |
| 2026-03-18 | 16.30x |
| 2026-03-17 | 16.32x |
| 2026-03-16 | 16.37x |
| 2026-03-13 | 16.28x |
| 2026-03-12 | 16.20x |
| 2026-03-11 | 16.20x |
| 2026-03-10 | 16.28x |
| 2026-03-09 | 16.23x |
| 2026-03-06 | 16.28x |
| 2026-03-05 | 16.30x |
| 2026-03-04 | 16.36x |
| 2026-03-03 | 16.45x |
| 2026-03-02 | 16.49x |
| 2026-02-27 | 16.38x |
| 2026-02-26 | 16.18x |
| 2026-02-25 | 16.21x |
| 2026-02-24 | 16.24x |
| 2026-02-23 | 16.19x |
| 2026-02-20 | 16.08x |
| 2026-02-19 | 16.10x |
| 2026-02-18 | 15.97x |
| 2026-02-17 | 16.05x |
| 2026-02-13 | 16.26x |
| 2026-02-12 | 18.23x |
| 2026-02-11 | 18.15x |
| 2026-02-10 | 17.94x |
| 2026-02-09 | 18.03x |
| 2026-02-06 | 17.95x |
| 2026-02-05 | 17.97x |
| 2026-02-04 | 17.86x |
| 2026-02-03 | 17.88x |
| 2026-02-02 | 17.69x |
| 2026-01-30 | 17.75x |
| 2026-01-29 | 17.85x |
| 2026-01-28 | 17.66x |
| 2026-01-27 | 17.58x |
| 2026-01-26 | 17.33x |
| 2026-01-23 | 17.32x |
| 2026-01-22 | 17.10x |
| 2026-01-21 | 16.91x |
| 2026-01-20 | 16.97x |
| 2026-01-16 | 17.08x |
| 2026-01-15 | 16.97x |
| 2026-01-14 | 17.04x |
| 2026-01-13 | 16.98x |
| 2026-01-12 | 16.89x |
| 2026-01-09 | 16.88x |
| 2026-01-08 | 16.83x |
| 2026-01-07 | 16.76x |
| 2026-01-06 | 16.92x |
| 2026-01-05 | 17.16x |
| 2026-01-02 | 17.26x |
| 2025-12-31 | 17.10x |
| 2025-12-30 | 17.29x |
| 2025-12-29 | 17.24x |
| 2025-12-26 | 17.25x |
| 2025-12-24 | 17.24x |
| 2025-12-23 | 17.24x |
| 2025-12-22 | 17.07x |
| 2025-12-19 | 16.98x |
| 2025-12-18 | 16.93x |
| 2025-12-17 | 16.92x |
| 2025-12-16 | 16.86x |
| 2025-12-15 | 17.05x |
| 2025-12-12 | 17.03x |
| 2025-12-11 | 16.97x |
| 2025-12-10 | 16.87x |
| 2025-12-09 | 16.94x |
| 2025-12-08 | 17.03x |
| 2025-12-05 | 17.02x |
| 2025-12-04 | 17.06x |
| 2025-12-03 | 16.86x |
| 2025-12-02 | 16.88x |
| 2025-12-01 | 16.95x |
| 2025-11-28 | 17.04x |
| 2025-11-26 | 16.91x |
| 2025-11-25 | 16.86x |
| 2025-11-24 | 16.85x |
| 2025-11-21 | 16.91x |
| 2025-11-20 | 16.96x |
| 2025-11-19 | 17.03x |
| 2025-11-18 | 16.95x |
| 2025-11-17 | 17.01x |
| 2025-11-14 | 17.13x |
| 2025-11-13 | 16.99x |
| 2025-11-12 | 17.05x |
| 2025-11-11 | 16.84x |
| 2025-11-10 | 16.80x |
| 2025-11-07 | 16.60x |
| 2025-11-06 | 16.28x |
| 2025-11-05 | 16.03x |
| 2025-11-04 | 15.94x |
| 2025-11-03 | 15.98x |
| 2025-10-31 | 16.00x |
| 2025-10-30 | 16.06x |
| 2025-10-29 | 16.04x |
| 2025-10-28 | 16.12x |
| 2025-10-27 | 16.06x |
| 2025-10-24 | 16.04x |
| 2025-10-23 | 16.15x |
| 2025-10-22 | 16.28x |
| 2025-10-21 | 16.22x |
| 2025-10-20 | 16.24x |
| 2025-10-17 | 16.23x |
| 2025-10-16 | 16.23x |
| 2025-10-15 | 16.28x |
| 2025-10-14 | 16.34x |
| 2025-10-13 | 16.46x |
| 2025-10-10 | 16.46x |
| 2025-10-09 | 16.45x |
| 2025-10-08 | 16.71x |
| 2025-10-07 | 16.79x |
| 2025-10-06 | 16.76x |
| 2025-10-03 | 16.87x |
| 2025-10-02 | 16.73x |
| 2025-10-01 | 16.66x |
| 2025-09-30 | 16.75x |
| 2025-09-29 | 16.58x |
| 2025-09-26 | 16.58x |
| 2025-09-25 | 16.62x |
| 2025-09-24 | 16.60x |
| 2025-09-23 | 16.55x |
| 2025-09-22 | 16.48x |
| 2025-09-19 | 16.42x |
| 2025-09-18 | 16.44x |
| 2025-09-17 | 16.39x |
| 2025-09-16 | 16.34x |
| 2025-09-15 | 16.37x |
| 2025-09-12 | 16.38x |
| 2025-09-11 | 16.34x |
| 2025-09-10 | 16.32x |
| 2025-09-09 | 16.29x |
| 2025-09-08 | 16.31x |
| 2025-09-05 | 16.30x |
| 2025-09-04 | 16.22x |
| 2025-09-03 | 16.34x |
| 2025-09-02 | 16.27x |
| 2025-08-29 | 16.34x |
| 2025-08-28 | 16.26x |
| 2025-08-27 | 16.20x |
| 2025-08-26 | 16.14x |
| 2025-08-25 | 16.11x |
| 2025-08-22 | 16.19x |
| 2025-08-21 | 16.24x |
| 2025-08-20 | 16.30x |
| 2025-08-19 | 16.18x |
| 2025-08-18 | 16.05x |
| 2025-08-15 | 16.16x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
