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 23.81x is 13% above its 5-year average of 21.12x, around the middle of its 5-year range (14.50x–29.00x).
As of Sunday, July 26, 2026. 4.90% below its 12-month average of 25.04x.
EV/EBITDA RATIO
23.81x
EV/EBITDA RATIO AVG TTM
25.04x
EV/EBITDA RATIO AVG 3Y
24.07x
EV/EBITDA RATIO AVG 5Y
21.12x
EV/EBITDA RATIO AVG 10Y
33.83x
EV/EBITDA RATIO AVG 15Y
33.80x
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-4.90%
CURRENT VS 3Y AVG
-1.09%
CURRENT VS 5Y AVG
+12.72%
CURRENT VS 10Y AVG
-29.62%
CURRENT VS 15Y AVG
-29.57%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
16.59x
median of 72 covered companies
CURRENT VS SECTOR MEDIAN
+43.48%
vs the sector median at left
Vertex Pharmaceuticals Incorporated
Market Cap
$121.16B
EV/EBITDA Ratio
23.81x
TTM Avg
25.04x
3Y Avg
24.07x
5Y Avg
21.12x
Market Cap
$119.53B
EV/EBITDA Ratio
27.94x
TTM Avg
48.81x
3Y Avg
58.69x
5Y Avg
54.91x
Market Cap
$126.60B
EV/EBITDA Ratio
21.09x
TTM Avg
22.65x
3Y Avg
24.67x
5Y Avg
24.09x
Market Cap
$126.79B
EV/EBITDA Ratio
10.28x
TTM Avg
8.33x
3Y Avg
8.09x
5Y Avg
8.78x
Market Cap
$134.62B
EV/EBITDA Ratio
24.02x
TTM Avg
21.17x
3Y Avg
23.17x
5Y Avg
21.68x
Market Cap
$137.47B
EV/EBITDA Ratio
19.61x
TTM Avg
16.94x
3Y Avg
12.58x
5Y Avg
12.39x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vertex Pharmaceuticals Incorporated (VRTX) | $121.16B | 23.81x | 25.04x | 24.07x | 21.12x |
| Intuitive Surgical, Inc. (ISRG)vs › | $119.53B | 27.94x | 48.81x | 58.69x | 54.91x |
| Stryker Corporation (SYK)vs › | $126.60B | 21.09x | 22.65x | 24.67x | 24.09x |
| Bristol-Myers Squibb Company (BMY)vs › | $126.79B | 10.28x | 8.33x | 8.09x | 8.78x |
| Danaher Corporation (DHR)vs › | $134.62B | 24.02x | 21.17x | 23.17x | 21.68x |
| Medtronic plc (MDT)vs › | $106.51B | 14.27x | 15.72x | 16.27x | 17.35x |
| CVS Health Corp. (CVS)vs › | $137.47B | 19.61x | 16.94x | 12.58x | 12.39x |
| GSK plc (GSK)vs › | $103.60B | 8.47x | 8.12x | 9.34x | 9.47x |
| Pfizer Inc. (PFE)vs › | $139.86B | 9.68x | 8.94x | 13.03x | 11.94x |
| McKesson Corporation (MCK)vs › | $98.45B | 15.19x | 18.93x | 17.23x | 15.11x |
At 23.8, EV/EBITDA is in its normal range, sitting higher than 39% of its 14-year history.
14-year low
13.9
median
26.8
14-year high
1036.5
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 |
|---|---|
| 2026-07-24 | 23.81x |
| 2026-07-23 | 23.59x |
| 2026-07-22 | 23.57x |
| 2026-07-21 | 24.05x |
| 2026-07-20 | 23.97x |
| 2026-07-17 | 24.24x |
| 2026-07-16 | 24.26x |
| 2026-07-15 | 23.80x |
| 2026-07-14 | 23.76x |
| 2026-07-13 | 23.96x |
| 2026-07-10 | 24.23x |
| 2026-07-09 | 24.80x |
| 2026-07-08 | 24.90x |
| 2026-07-07 | 26.12x |
| 2026-07-06 | 26.50x |
| 2026-07-02 | 26.42x |
| 2026-07-01 | 24.87x |
| 2026-06-30 | 24.81x |
| 2026-06-29 | 24.96x |
| 2026-06-26 | 24.53x |
| 2026-06-25 | 23.96x |
| 2026-06-24 | 23.70x |
| 2026-06-23 | 23.35x |
| 2026-06-22 | 23.27x |
| 2026-06-18 | 22.49x |
| 2026-06-17 | 22.87x |
| 2026-06-16 | 22.57x |
| 2026-06-15 | 22.43x |
| 2026-06-12 | 22.15x |
| 2026-06-11 | 22.15x |
| 2026-06-10 | 21.67x |
| 2026-06-09 | 22.19x |
| 2026-06-08 | 22.05x |
| 2026-06-05 | 22.25x |
| 2026-06-04 | 21.98x |
| 2026-06-03 | 21.30x |
| 2026-06-02 | 21.13x |
| 2026-06-01 | 21.81x |
| 2026-05-29 | 22.28x |
| 2026-05-28 | 22.30x |
| 2026-05-27 | 21.75x |
| 2026-05-26 | 21.69x |
| 2026-05-22 | 21.61x |
| 2026-05-21 | 21.56x |
| 2026-05-20 | 21.40x |
| 2026-05-19 | 21.60x |
| 2026-05-18 | 21.72x |
| 2026-05-15 | 21.74x |
| 2026-05-14 | 22.43x |
| 2026-05-13 | 22.57x |
| 2026-05-12 | 22.32x |
| 2026-05-11 | 21.65x |
| 2026-05-08 | 21.37x |
| 2026-05-07 | 21.12x |
| 2026-05-06 | 21.26x |
| 2026-05-05 | 21.09x |
| 2026-05-04 | 24.33x |
| 2026-05-01 | 23.99x |
| 2026-04-30 | 24.19x |
| 2026-04-29 | 23.95x |
| 2026-04-28 | 24.35x |
| 2026-04-27 | 24.11x |
| 2026-04-24 | 24.36x |
| 2026-04-23 | 24.63x |
| 2026-04-22 | 24.78x |
| 2026-04-21 | 24.72x |
| 2026-04-20 | 24.86x |
| 2026-04-17 | 24.98x |
| 2026-04-16 | 24.66x |
| 2026-04-15 | 25.01x |
| 2026-04-14 | 25.16x |
| 2026-04-13 | 24.91x |
| 2026-04-10 | 24.70x |
| 2026-04-09 | 25.30x |
| 2026-04-08 | 25.14x |
| 2026-04-07 | 24.45x |
| 2026-04-06 | 24.59x |
| 2026-04-02 | 24.84x |
| 2026-04-01 | 25.33x |
| 2026-03-31 | 25.29x |
| 2026-03-30 | 25.09x |
| 2026-03-27 | 24.51x |
| 2026-03-26 | 25.70x |
| 2026-03-25 | 25.77x |
| 2026-03-24 | 25.40x |
| 2026-03-23 | 25.55x |
| 2026-03-20 | 25.71x |
| 2026-03-19 | 25.94x |
| 2026-03-18 | 25.57x |
| 2026-03-17 | 26.20x |
| 2026-03-16 | 26.41x |
| 2026-03-13 | 26.59x |
| 2026-03-12 | 27.09x |
| 2026-03-11 | 27.91x |
| 2026-03-10 | 28.30x |
| 2026-03-09 | 26.11x |
| 2026-03-06 | 25.87x |
| 2026-03-05 | 26.10x |
| 2026-03-04 | 27.08x |
| 2026-03-03 | 26.87x |
| 2026-03-02 | 27.55x |
| 2026-02-27 | 28.16x |
| 2026-02-26 | 27.21x |
| 2026-02-25 | 27.38x |
| 2026-02-24 | 27.63x |
| 2026-02-23 | 27.26x |
| 2026-02-20 | 27.02x |
| 2026-02-19 | 26.59x |
| 2026-02-18 | 26.65x |
| 2026-02-17 | 27.05x |
| 2026-02-13 | 27.86x |
| 2026-02-12 | 27.82x |
| 2026-02-11 | 27.59x |
| 2026-02-10 | 27.73x |
| 2026-02-09 | 28.18x |
| 2026-02-06 | 28.61x |
| 2026-02-05 | 27.44x |
| 2026-02-04 | 28.16x |
| 2026-02-03 | 27.86x |
| 2026-02-02 | 28.25x |
| 2026-01-30 | 28.12x |
| 2026-01-29 | 28.48x |
| 2026-01-28 | 28.61x |
| 2026-01-27 | 28.38x |
| 2026-01-26 | 28.55x |
| 2026-01-23 | 28.03x |
| 2026-01-22 | 27.96x |
| 2026-01-21 | 27.58x |
| 2026-01-20 | 26.41x |
| 2026-01-16 | 26.37x |
| 2026-01-15 | 26.22x |
| 2026-01-14 | 26.87x |
| 2026-01-13 | 27.19x |
| 2026-01-12 | 27.55x |
| 2026-01-09 | 27.75x |
| 2026-01-08 | 28.11x |
| 2026-01-07 | 29.00x |
| 2026-01-06 | 28.03x |
| 2026-01-05 | 26.83x |
| 2026-01-02 | 27.03x |
| 2025-12-31 | 27.11x |
| 2025-12-30 | 27.13x |
| 2025-12-29 | 27.50x |
| 2025-12-26 | 27.69x |
| 2025-12-24 | 27.70x |
| 2025-12-23 | 27.46x |
| 2025-12-22 | 27.53x |
| 2025-12-19 | 27.28x |
| 2025-12-18 | 26.74x |
| 2025-12-17 | 26.87x |
| 2025-12-16 | 27.20x |
| 2025-12-15 | 27.25x |
| 2025-12-12 | 27.02x |
| 2025-12-11 | 26.65x |
| 2025-12-10 | 26.57x |
| 2025-12-09 | 26.10x |
| 2025-12-08 | 26.41x |
| 2025-12-05 | 27.24x |
| 2025-12-04 | 27.35x |
| 2025-12-03 | 27.71x |
| 2025-12-02 | 25.86x |
| 2025-12-01 | 25.40x |
| 2025-11-28 | 25.89x |
| 2025-11-26 | 25.80x |
| 2025-11-25 | 25.66x |
| 2025-11-24 | 25.30x |
| 2025-11-21 | 25.47x |
| 2025-11-20 | 25.20x |
| 2025-11-19 | 25.12x |
| 2025-11-18 | 26.01x |
| 2025-11-17 | 25.92x |
| 2025-11-14 | 26.11x |
| 2025-11-13 | 25.95x |
| 2025-11-12 | 25.93x |
| 2025-11-11 | 25.62x |
| 2025-11-10 | 25.13x |
| 2025-11-07 | 24.41x |
| 2025-11-06 | 24.83x |
| 2025-11-05 | 24.87x |
| 2025-11-04 | 25.16x |
| 2025-11-03 | 25.91x |
| 2025-10-31 | 25.89x |
| 2025-10-30 | 25.53x |
| 2025-10-29 | 25.36x |
| 2025-10-28 | 25.69x |
| 2025-10-27 | 25.55x |
| 2025-10-24 | 25.62x |
| 2025-10-23 | 25.70x |
| 2025-10-22 | 25.94x |
| 2025-10-21 | 25.93x |
| 2025-10-20 | 25.48x |
| 2025-10-17 | 25.34x |
| 2025-10-16 | 24.82x |
| 2025-10-15 | 24.78x |
| 2025-10-14 | 25.05x |
| 2025-10-13 | 24.74x |
| 2025-10-10 | 24.77x |
| 2025-10-09 | 25.21x |
| 2025-10-08 | 25.61x |
| 2025-10-07 | 24.93x |
| 2025-10-06 | 24.46x |
| 2025-10-03 | 24.49x |
| 2025-10-02 | 24.84x |
| 2025-10-01 | 24.54x |
| 2025-09-30 | 23.76x |
| 2025-09-29 | 23.99x |
| 2025-09-26 | 23.38x |
| 2025-09-25 | 23.14x |
| 2025-09-24 | 22.81x |
| 2025-09-23 | 23.01x |
| 2025-09-22 | 23.22x |
| 2025-09-19 | 23.22x |
| 2025-09-18 | 23.47x |
| 2025-09-17 | 23.47x |
| 2025-09-16 | 23.74x |
| 2025-09-15 | 23.85x |
| 2025-09-12 | 23.94x |
| 2025-09-11 | 24.12x |
| 2025-09-10 | 23.56x |
| 2025-09-09 | 24.06x |
| 2025-09-08 | 23.98x |
| 2025-09-05 | 24.04x |
| 2025-09-04 | 24.09x |
| 2025-09-03 | 24.07x |
| 2025-09-02 | 24.34x |
| 2025-08-29 | 23.72x |
| 2025-08-28 | 23.78x |
| 2025-08-27 | 23.59x |
| 2025-08-26 | 23.48x |
| 2025-08-25 | 23.59x |
| 2025-08-22 | 23.97x |
| 2025-08-21 | 24.12x |
| 2025-08-20 | 23.93x |
| 2025-08-19 | 23.70x |
| 2025-08-18 | 23.64x |
| 2025-08-15 | 23.83x |
| 2025-08-14 | 23.67x |
| 2025-08-13 | 24.02x |
| 2025-08-12 | 23.51x |
| 2025-08-11 | 22.68x |
| 2025-08-08 | 22.18x |
| 2025-08-07 | 22.75x |
| 2025-08-06 | 23.38x |
| 2025-08-05 | 22.71x |
| 2024-08-01 | 28.17x |
| 2024-07-31 | 27.57x |
| 2024-07-30 | 27.98x |
| 2024-07-29 | 27.72x |
| 2024-07-26 | 27.54x |
| 2024-07-25 | 27.37x |
| 2024-07-24 | 27.28x |
| 2024-07-23 | 27.25x |
| 2024-07-22 | 27.58x |
| 2024-07-19 | 27.32x |
| 2024-07-18 | 27.12x |
| 2024-07-17 | 27.13x |
| 2024-07-16 | 27.17x |
| 2024-07-15 | 27.28x |
| 2024-07-12 | 27.16x |
| 2024-07-11 | 27.36x |
Showing the most recent 260 of 2,419 data points. The chart above shows the full history.