Basis: Latest stored market observation. 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 121.50x is 378% above its 5-year average of 25.44x, near the high end of its 5-year range (18.62x–124.66x).
As of Friday, September 4, 2026. 262.68% above its 12-month average of 33.50x.
EV/EBIT RATIO
121.50x
EV/EBIT RATIO AVG TTM
33.50x
EV/EBIT RATIO AVG 3Y
26.15x
EV/EBIT RATIO AVG 5Y
25.44x
EV/EBIT RATIO AVG 10Y
24.82x
EV/EBIT RATIO AVG 15Y
22.80x
EV/EBIT RATIO AVG 20Y
21.50x
CURRENT VS TTM AVG
+262.68%
CURRENT VS 3Y AVG
+364.57%
CURRENT VS 5Y AVG
+377.67%
CURRENT VS 10Y AVG
+389.61%
CURRENT VS 15Y AVG
+432.87%
CURRENT VS 20Y AVG
+465.07%
SECTOR MEDIAN · HEALTHCARE
22.65x
median of 80 covered companies
CURRENT VS SECTOR MEDIAN
+436.42%
vs the sector median at left
Waters Corporation
Market Cap
$30.13B
EV/EBIT Ratio
121.50x
TTM Avg
33.50x
3Y Avg
26.15x
5Y Avg
25.44x
Market Cap
$30.16B
EV/EBIT Ratio
15.27x
TTM Avg
15.41x
3Y Avg
16.60x
5Y Avg
16.66x
Market Cap
$26.79B
EV/EBIT Ratio
24.61x
TTM Avg
26.00x
3Y Avg
26.19x
5Y Avg
28.49x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waters Corporation (WAT) | $30.13B | 121.50x | 33.50x | 26.15x | 25.44x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.16B | 15.27x | 15.41x | 16.60x | 16.66x |
| Zoetis Inc. (ZTS)vs › | $30.86B | 11.20x | 15.47x | 22.52x | 26.06x |
| Medline Inc. (MDLN)vs › | $29.33B | 23.03x | 21.82x | 21.82x | 21.82x |
| Biogen Inc. (BIIB)vs › | $31.40B | 30.39x | 17.04x | 15.62x | 15.94x |
| DexCom, Inc. (DXCM)vs › | $31.90B | 30.49x | 33.00x | 57.64x | 95.92x |
| Centene Corp. (CNC)vs › | $31.90B | N/A | 10.37x | 16.91x | 20.65x |
| ResMed Inc. (RMD)vs › | $32.06B | 17.15x | 19.00x | 22.33x | 27.14x |
| Mettler-Toledo International Inc. (MTD)vs › | $26.79B | 24.61x | 26.00x | 26.19x | 28.49x |
| Labcorp Holdings Inc. (LH)vs › | $26.64B | 20.67x | 20.77x | 26.17x | 20.18x |
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 |
|---|---|
| 2026-09-04 | 121.50x |
| 2026-09-03 | 122.61x |
| 2026-09-02 | 122.25x |
| 2026-09-01 | 120.56x |
| 2026-08-31 | 122.90x |
| 2026-08-28 | 122.91x |
| 2026-08-27 | 124.66x |
| 2026-08-26 | 122.77x |
| 2026-08-25 | 122.84x |
| 2026-08-24 | 121.86x |
| 2026-08-21 | 121.85x |
| 2026-08-20 | 120.25x |
| 2026-08-19 | 123.22x |
| 2026-08-18 | 119.34x |
| 2026-08-17 | 121.07x |
| 2026-08-14 | 122.24x |
| 2026-08-13 | 122.60x |
| 2026-08-12 | 123.30x |
| 2026-08-11 | 122.99x |
| 2026-08-10 | 60.46x |
| 2026-08-07 | 59.83x |
| 2026-08-06 | 58.92x |
| 2026-08-05 | 58.96x |
| 2026-08-04 | 58.46x |
| 2026-08-03 | 55.74x |
| 2026-07-31 | 56.06x |
| 2026-07-30 | 56.45x |
| 2026-07-29 | 56.34x |
| 2026-07-28 | 56.90x |
| 2026-07-27 | 55.28x |
| 2026-07-24 | 55.73x |
| 2026-07-23 | 56.71x |
| 2026-07-22 | 55.24x |
| 2026-07-21 | 54.82x |
| 2026-07-20 | 53.54x |
| 2026-07-17 | 55.00x |
| 2026-07-16 | 56.18x |
| 2026-07-15 | 55.76x |
| 2026-07-14 | 55.95x |
| 2026-07-13 | 55.54x |
| 2026-07-10 | 55.95x |
| 2026-07-09 | 56.04x |
| 2026-07-08 | 54.89x |
| 2026-07-07 | 55.76x |
| 2026-07-06 | 56.27x |
| 2026-07-02 | 56.32x |
| 2026-07-01 | 56.17x |
| 2026-06-30 | 55.77x |
| 2026-06-29 | 54.99x |
| 2026-06-26 | 55.69x |
| 2026-06-25 | 56.01x |
| 2026-06-24 | 55.03x |
| 2026-06-23 | 53.50x |
| 2026-06-22 | 53.63x |
| 2026-06-18 | 53.27x |
| 2026-06-17 | 53.47x |
| 2026-06-16 | 53.92x |
| 2026-06-15 | 53.57x |
| 2026-06-12 | 53.29x |
| 2026-06-11 | 53.82x |
| 2026-06-10 | 54.26x |
| 2026-06-09 | 55.28x |
| 2026-06-08 | 54.28x |
| 2026-06-05 | 54.54x |
| 2026-06-04 | 55.96x |
| 2026-06-03 | 56.38x |
| 2026-06-02 | 55.38x |
| 2026-06-01 | 56.17x |
| 2026-05-29 | 56.86x |
| 2026-05-28 | 54.71x |
| 2026-05-27 | 51.58x |
| 2026-05-26 | 51.13x |
| 2026-05-22 | 51.61x |
| 2026-05-21 | 51.43x |
| 2026-05-20 | 51.47x |
| 2026-05-19 | 50.44x |
| 2026-05-18 | 50.31x |
| 2026-05-15 | 49.93x |
| 2026-05-14 | 50.44x |
| 2026-05-13 | 50.66x |
| 2026-05-12 | 52.86x |
| 2026-05-11 | 25.76x |
| 2026-05-08 | 26.26x |
| 2026-05-07 | 25.93x |
| 2026-05-06 | 25.86x |
| 2026-05-05 | 25.37x |
| 2026-05-04 | 22.48x |
| 2026-05-01 | 22.85x |
| 2026-04-30 | 23.00x |
| 2026-04-29 | 21.79x |
| 2026-04-28 | 22.40x |
| 2026-04-27 | 22.33x |
| 2026-04-24 | 23.05x |
| 2026-04-23 | 23.14x |
| 2026-04-22 | 24.79x |
| 2026-04-21 | 24.85x |
| 2026-04-20 | 24.87x |
| 2026-04-17 | 24.32x |
| 2026-04-16 | 23.70x |
| 2026-04-15 | 24.21x |
| 2026-04-14 | 24.55x |
| 2026-04-13 | 24.10x |
| 2026-04-10 | 23.77x |
| 2026-04-09 | 23.60x |
| 2026-04-08 | 23.66x |
| 2026-04-07 | 22.87x |
| 2026-04-06 | 22.64x |
| 2026-04-02 | 22.65x |
| 2026-04-01 | 22.34x |
| 2026-03-31 | 22.19x |
| 2026-03-30 | 21.88x |
| 2026-03-27 | 21.58x |
| 2026-03-26 | 22.39x |
| 2026-03-25 | 22.51x |
| 2026-03-24 | 22.48x |
| 2026-03-23 | 22.48x |
| 2026-03-20 | 22.28x |
| 2026-03-19 | 22.32x |
| 2026-03-18 | 22.00x |
| 2026-03-17 | 22.14x |
| 2026-03-16 | 21.64x |
| 2026-03-13 | 21.40x |
| 2026-03-12 | 21.17x |
| 2026-03-11 | 22.17x |
| 2026-03-10 | 22.32x |
| 2026-03-09 | 22.75x |
| 2026-03-06 | 22.53x |
| 2026-03-05 | 23.45x |
| 2026-03-04 | 23.70x |
| 2026-03-03 | 23.21x |
| 2026-03-02 | 22.86x |
| 2026-02-27 | 23.72x |
| 2026-02-26 | 23.97x |
| 2026-02-25 | 23.73x |
| 2026-02-24 | 24.21x |
| 2026-02-23 | 24.32x |
| 2026-02-20 | 25.35x |
| 2026-02-19 | 25.02x |
| 2026-02-18 | 24.94x |
| 2026-02-17 | 24.49x |
| 2026-02-13 | 24.63x |
| 2026-02-12 | 24.38x |
| 2026-02-11 | 25.06x |
| 2026-02-10 | 24.90x |
| 2026-02-09 | 24.98x |
| 2026-02-06 | 28.82x |
| 2026-02-05 | 28.51x |
| 2026-02-04 | 29.04x |
| 2026-02-03 | 28.65x |
| 2026-02-02 | 28.68x |
| 2026-01-30 | 28.06x |
| 2026-01-29 | 28.38x |
| 2026-01-28 | 29.09x |
| 2026-01-27 | 29.46x |
| 2026-01-26 | 29.52x |
| 2026-01-23 | 29.62x |
| 2026-01-22 | 30.21x |
| 2026-01-21 | 29.94x |
| 2026-01-20 | 29.01x |
| 2026-01-16 | 29.26x |
| 2026-01-15 | 29.79x |
| 2026-01-14 | 29.69x |
| 2026-01-13 | 29.75x |
| 2026-01-12 | 29.72x |
| 2026-01-09 | 29.94x |
| 2026-01-08 | 29.93x |
| 2026-01-07 | 30.13x |
| 2026-01-06 | 30.22x |
| 2026-01-05 | 29.81x |
| 2026-01-02 | 28.87x |
| 2025-12-31 | 28.72x |
| 2025-12-30 | 29.02x |
| 2025-12-29 | 29.10x |
| 2025-12-26 | 29.17x |
| 2025-12-24 | 29.08x |
| 2025-12-23 | 28.96x |
| 2025-12-22 | 29.03x |
| 2025-12-19 | 28.59x |
| 2025-12-18 | 28.46x |
| 2025-12-17 | 28.52x |
| 2025-12-16 | 28.62x |
| 2025-12-15 | 29.12x |
| 2025-12-12 | 29.12x |
| 2025-12-11 | 29.61x |
| 2025-12-10 | 29.87x |
| 2025-12-09 | 29.18x |
| 2025-12-08 | 29.65x |
| 2025-12-05 | 29.80x |
| 2025-12-04 | 29.91x |
| 2025-12-03 | 30.00x |
| 2025-12-02 | 30.08x |
| 2025-12-01 | 30.02x |
| 2025-11-28 | 30.42x |
| 2025-11-26 | 30.69x |
| 2025-11-25 | 31.08x |
| 2025-11-24 | 30.14x |
| 2025-11-21 | 29.74x |
| 2025-11-20 | 28.63x |
| 2025-11-19 | 28.46x |
| 2025-11-18 | 28.49x |
| 2025-11-17 | 28.58x |
| 2025-11-14 | 28.69x |
| 2025-11-13 | 28.68x |
| 2025-11-12 | 29.26x |
| 2025-11-11 | 29.17x |
| 2025-11-10 | 28.48x |
| 2025-11-07 | 28.13x |
| 2025-11-06 | 28.09x |
| 2025-11-05 | 28.15x |
| 2025-11-04 | 27.81x |
| 2025-11-03 | 25.83x |
| 2025-10-31 | 26.12x |
| 2025-10-30 | 25.64x |
| 2025-10-29 | 25.68x |
| 2025-10-28 | 25.86x |
| 2025-10-27 | 26.27x |
| 2025-10-24 | 26.82x |
| 2025-10-23 | 26.55x |
| 2025-10-22 | 26.05x |
| 2025-10-21 | 26.09x |
| 2025-10-20 | 25.66x |
| 2025-10-17 | 25.06x |
| 2025-10-16 | 25.08x |
| 2025-10-15 | 24.90x |
| 2025-10-14 | 24.95x |
| 2025-10-13 | 25.18x |
| 2025-10-10 | 24.80x |
| 2025-10-09 | 24.76x |
| 2025-10-08 | 24.57x |
| 2025-10-07 | 23.91x |
| 2025-10-06 | 24.56x |
| 2025-10-03 | 24.62x |
| 2025-10-02 | 24.16x |
| 2025-10-01 | 24.01x |
| 2025-09-30 | 22.60x |
| 2025-09-29 | 21.86x |
| 2025-09-26 | 22.02x |
| 2025-09-25 | 21.75x |
| 2025-09-24 | 22.09x |
| 2025-09-23 | 22.55x |
| 2025-09-22 | 22.79x |
| 2025-09-19 | 22.67x |
| 2025-09-18 | 23.06x |
| 2025-09-17 | 22.87x |
| 2025-09-16 | 22.83x |
| 2025-09-15 | 22.54x |
| 2025-09-12 | 22.28x |
| 2025-09-11 | 22.78x |
| 2025-09-10 | 22.12x |
| 2025-09-09 | 22.65x |
| 2025-09-08 | 23.27x |
| 2025-09-05 | 23.06x |
| 2025-09-04 | 22.59x |
| 2025-09-03 | 21.91x |
| 2025-09-02 | 22.36x |
| 2025-08-29 | 22.74x |
| 2025-08-28 | 22.44x |
| 2025-08-27 | 22.23x |
| 2025-08-26 | 22.34x |
| 2025-08-25 | 22.54x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.