Basis: Current FMP quote-based enterprise value / four-quarter revenue. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 5.10x is 38% below its estimated 5-year average of 8.27x, near the low end of its estimated 5-year range (3.25x–16.97x).
As of 2026-09-12T00:16:12.982Z. 1.97% below its estimated 12-month average of 5.20x.
Calculation as of: 2026-09-12T00:16:12.982Z.
Quote observation: 2026-09-11T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 38ce92a6dafb4dc6961d7c41d250ca21e70474400b2180a2a9f93d8a4372e5bc
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/SALES RATIO
5.10x
EV/SALES RATIO AVG TTM
5.20x
EV/SALES RATIO AVG 3Y
7.67x
EV/SALES RATIO AVG 5Y
8.27x
EV/SALES RATIO AVG 10Y
10.62x
EV/SALES RATIO AVG 15Y
11.48x
EV/SALES RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-1.97%
CURRENT VS 3Y AVG
-33.55%
CURRENT VS 5Y AVG
-38.34%
CURRENT VS 10Y AVG
-51.99%
CURRENT VS 15Y AVG
-55.58%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.61x
median of 187 covered companies
CURRENT VS SECTOR MEDIAN
-22.84%
vs the sector median at left
Market Cap
$48.55B
EV/Sales Ratio
12.35x
TTM Avg
14.77x
3Y Avg
16.40x
5Y Avg
16.40x
Market Cap
$49.92B
EV/Sales Ratio
41.44x
TTM Avg
46.30x
3Y Avg
45.30x
5Y Avg
45.30x
Market Cap
$47.20B
EV/Sales Ratio
7.18x
TTM Avg
5.44x
3Y Avg
9.99x
5Y Avg
15.17x
Market Cap
$45.98B
EV/Sales Ratio
3.59x
TTM Avg
3.21x
3Y Avg
2.48x
5Y Avg
2.59x
Market Cap
$53.89B
EV/Sales Ratio
41.26x
TTM Avg
80.91x
3Y Avg
78.12x
5Y Avg
78.12x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Workday, Inc. (WDAY) | $48.64B | 5.10x | 5.20x | 7.67x | 8.27x |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $48.55B | 12.35x | 14.77x | 16.40x | 16.40x |
| Ciena Corporation (CIEN)vs › | $49.48B | 7.85x | 9.67x | 4.78x | 3.73x |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $49.92B | 41.44x | 46.30x | 45.30x | 45.30x |
| Atlassian Corporation (TEAM)vs › | $47.20B | 7.18x | 5.44x | 9.99x | 15.17x |
| Block, Inc. (XYZ)vs › | $47.14B | 1.89x | 1.61x | 1.68x | 2.28x |
| STMicroelectronics N.V. (STM)vs › | $45.98B | 3.59x | 3.21x | 2.48x | 2.59x |
| Autodesk, Inc. (ADSK)vs › | $44.85B | 5.71x | 7.96x | 9.31x | 9.92x |
| Nebius Group N.V. (NBIS)vs › | $53.89B | 41.26x | 80.91x | 78.12x | 78.12x |
| Strategy Inc (MSTR)vs › | $43.33B | N/A | 124.06x | 113.05x | 72.85x |
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/SALES RATIO |
|---|---|
| 2026-09-09 | 4.89x |
| 2026-09-08 | 4.90x |
| 2026-09-04 | 5.13x |
| 2026-09-03 | 5.40x |
| 2026-09-02 | 5.26x |
| 2026-09-01 | 5.19x |
| 2026-08-31 | 5.17x |
| 2026-08-28 | 5.35x |
| 2026-08-27 | 5.33x |
| 2026-08-26 | 5.25x |
| 2026-08-25 | 5.35x |
| 2026-08-24 | 5.47x |
| 2026-08-21 | 5.49x |
| 2026-08-20 | 5.42x |
| 2026-08-19 | 5.45x |
| 2026-08-18 | 5.25x |
| 2026-08-17 | 5.26x |
| 2026-08-14 | 5.46x |
| 2026-08-13 | 5.66x |
| 2026-08-12 | 4.85x |
| 2026-08-11 | 5.01x |
| 2026-08-10 | 5.08x |
| 2026-08-07 | 4.97x |
| 2026-08-06 | 4.72x |
| 2026-08-05 | 4.73x |
| 2026-08-04 | 4.75x |
| 2026-08-03 | 4.59x |
| 2026-07-31 | 4.47x |
| 2026-07-30 | 4.41x |
| 2026-07-29 | 4.67x |
| 2026-07-28 | 4.45x |
| 2026-07-27 | 4.14x |
| 2026-07-24 | 3.82x |
| 2026-07-23 | 3.63x |
| 2026-07-22 | 3.75x |
| 2026-07-21 | 3.97x |
| 2026-07-20 | 4.13x |
| 2026-07-17 | 4.07x |
| 2026-07-16 | 4.08x |
| 2026-07-15 | 3.99x |
| 2026-07-14 | 3.94x |
| 2026-07-13 | 4.07x |
| 2026-07-10 | 3.92x |
| 2026-07-09 | 3.90x |
| 2026-07-08 | 3.89x |
| 2026-07-07 | 4.04x |
| 2026-07-06 | 3.89x |
| 2026-07-02 | 3.82x |
| 2026-07-01 | 3.69x |
| 2026-06-30 | 3.49x |
| 2026-06-29 | 3.52x |
| 2026-06-26 | 3.54x |
| 2026-06-25 | 3.27x |
| 2026-06-24 | 3.38x |
| 2026-06-23 | 3.30x |
| 2026-06-22 | 3.25x |
| 2026-06-18 | 3.35x |
| 2026-06-17 | 3.47x |
| 2026-06-16 | 3.60x |
| 2026-06-15 | 3.67x |
| 2026-06-12 | 3.71x |
| 2026-06-11 | 3.70x |
| 2026-06-10 | 3.88x |
| 2026-06-09 | 3.95x |
| 2026-06-08 | 4.04x |
| 2026-06-05 | 4.05x |
| 2026-06-04 | 4.15x |
| 2026-06-03 | 4.12x |
| 2026-06-02 | 4.17x |
| 2026-06-01 | 4.39x |
| 2026-05-29 | 4.10x |
| 2026-05-28 | 3.68x |
| 2026-05-27 | 3.54x |
| 2026-05-26 | 3.53x |
| 2026-05-22 | 3.78x |
| 2026-05-21 | 3.60x |
| 2026-05-20 | 3.73x |
| 2026-05-19 | 3.81x |
| 2026-05-18 | 3.80x |
| 2026-05-15 | 3.69x |
| 2026-05-14 | 3.52x |
| 2026-05-13 | 3.46x |
| 2026-05-12 | 3.51x |
| 2026-05-11 | 3.59x |
| 2026-05-08 | 3.77x |
| 2026-05-07 | 3.85x |
| 2026-05-06 | 3.62x |
| 2026-05-05 | 3.80x |
| 2026-05-04 | 3.77x |
| 2026-05-01 | 3.74x |
| 2026-04-30 | 3.62x |
| 2026-04-29 | 3.62x |
| 2026-04-28 | 3.58x |
| 2026-04-27 | 3.49x |
| 2026-04-24 | 3.55x |
| 2026-04-23 | 3.41x |
| 2026-04-22 | 3.73x |
| 2026-04-21 | 3.80x |
| 2026-04-20 | 3.77x |
| 2026-04-17 | 3.66x |
| 2026-04-16 | 3.69x |
| 2026-04-15 | 3.67x |
| 2026-04-14 | 3.49x |
| 2026-04-13 | 3.55x |
| 2026-04-10 | 3.35x |
| 2026-04-09 | 3.36x |
| 2026-04-08 | 3.53x |
| 2026-04-07 | 3.76x |
| 2026-04-06 | 3.82x |
| 2026-04-02 | 3.89x |
| 2026-04-01 | 3.80x |
| 2026-03-31 | 3.83x |
| 2026-03-30 | 3.79x |
| 2026-03-27 | 3.67x |
| 2026-03-26 | 3.77x |
| 2026-03-25 | 3.75x |
| 2026-03-24 | 3.81x |
| 2026-03-23 | 4.02x |
| 2026-03-20 | 3.99x |
| 2026-03-19 | 3.92x |
| 2026-03-18 | 3.89x |
| 2026-03-17 | 3.97x |
| 2026-03-16 | 3.93x |
| 2026-03-13 | 3.91x |
| 2026-03-12 | 3.94x |
| 2026-03-11 | 4.04x |
| 2026-03-10 | 4.17x |
| 2026-03-09 | 4.33x |
| 2026-03-06 | 4.54x |
| 2026-03-05 | 4.43x |
| 2026-03-04 | 4.31x |
| 2026-03-03 | 4.32x |
| 2026-03-02 | 4.04x |
| 2026-02-27 | 4.04x |
| 2026-02-26 | 4.19x |
| 2026-02-25 | 4.02x |
| 2026-02-24 | 3.93x |
| 2026-02-23 | 3.90x |
| 2026-02-20 | 4.15x |
| 2026-02-19 | 4.22x |
| 2026-02-18 | 4.30x |
| 2026-02-17 | 4.31x |
| 2026-02-13 | 4.35x |
| 2026-02-12 | 4.34x |
| 2026-02-11 | 4.35x |
| 2026-02-10 | 4.61x |
| 2026-02-09 | 4.64x |
| 2026-02-06 | 4.89x |
| 2026-02-05 | 4.77x |
| 2026-02-04 | 5.10x |
| 2026-02-03 | 4.84x |
| 2026-02-02 | 5.19x |
| 2026-01-30 | 5.26x |
| 2026-01-29 | 5.23x |
| 2026-01-28 | 5.65x |
| 2026-01-27 | 5.64x |
| 2026-01-26 | 5.70x |
| 2026-01-23 | 5.66x |
| 2026-01-22 | 5.63x |
| 2026-01-21 | 5.49x |
| 2026-01-20 | 5.47x |
| 2026-01-16 | 5.59x |
| 2026-01-15 | 5.76x |
| 2026-01-14 | 5.80x |
| 2026-01-13 | 5.96x |
| 2026-01-12 | 6.20x |
| 2026-01-09 | 6.18x |
| 2026-01-08 | 6.26x |
| 2026-01-07 | 6.30x |
| 2026-01-06 | 6.27x |
| 2026-01-05 | 6.23x |
| 2026-01-02 | 6.14x |
| 2025-12-31 | 6.40x |
| 2025-12-30 | 6.47x |
| 2025-12-29 | 6.53x |
| 2025-12-26 | 6.58x |
| 2025-12-24 | 6.46x |
| 2025-12-23 | 6.42x |
| 2025-12-22 | 6.50x |
| 2025-12-19 | 6.52x |
| 2025-12-18 | 6.50x |
| 2025-12-17 | 6.44x |
| 2025-12-16 | 6.44x |
| 2025-12-15 | 6.41x |
| 2025-12-12 | 6.69x |
| 2025-12-11 | 6.67x |
| 2025-12-10 | 6.64x |
| 2025-12-09 | 6.62x |
| 2025-12-08 | 6.59x |
| 2025-12-05 | 6.55x |
| 2025-12-04 | 6.46x |
| 2025-12-03 | 6.41x |
| 2025-12-02 | 6.35x |
| 2025-12-01 | 6.36x |
| 2025-11-28 | 6.43x |
| 2025-11-26 | 6.77x |
| 2025-11-25 | 7.33x |
| 2025-11-24 | 7.12x |
| 2025-11-21 | 7.07x |
| 2025-11-20 | 6.82x |
| 2025-11-19 | 7.03x |
| 2025-11-18 | 7.09x |
| 2025-11-17 | 7.06x |
| 2025-11-14 | 7.24x |
| 2025-11-13 | 7.02x |
| 2025-11-12 | 7.09x |
| 2025-11-11 | 7.13x |
| 2025-11-10 | 7.16x |
| 2025-11-07 | 7.07x |
| 2025-11-06 | 7.05x |
| 2025-11-05 | 7.28x |
| 2025-11-04 | 7.32x |
| 2025-11-03 | 7.45x |
| 2025-10-31 | 7.52x |
| 2025-10-30 | 7.30x |
| 2025-10-29 | 7.26x |
| 2025-10-28 | 7.43x |
| 2025-10-27 | 7.49x |
| 2025-10-24 | 7.60x |
| 2025-10-23 | 7.62x |
| 2025-10-22 | 7.60x |
| 2025-10-21 | 7.69x |
| 2025-10-20 | 7.55x |
| 2025-10-17 | 7.34x |
| 2025-10-16 | 7.14x |
| 2025-10-15 | 7.36x |
| 2025-10-14 | 7.43x |
| 2025-10-13 | 7.42x |
| 2025-10-10 | 7.31x |
| 2025-10-09 | 7.46x |
| 2025-10-08 | 7.47x |
| 2025-10-07 | 7.31x |
| 2025-10-06 | 7.47x |
| 2025-10-03 | 7.41x |
| 2025-10-02 | 7.28x |
| 2025-10-01 | 7.28x |
| 2025-09-30 | 7.54x |
| 2025-09-29 | 7.75x |
| 2025-09-26 | 7.72x |
| 2025-09-25 | 7.60x |
| 2025-09-24 | 7.56x |
| 2025-09-23 | 7.53x |
| 2025-09-22 | 7.60x |
| 2025-09-19 | 7.33x |
| 2025-09-18 | 7.32x |
| 2025-09-17 | 7.36x |
| 2025-09-16 | 6.89x |
| 2025-09-15 | 7.00x |
| 2025-09-12 | 7.02x |
| 2025-09-11 | 7.12x |
| 2025-09-10 | 7.11x |
| 2025-09-09 | 7.24x |
| 2025-09-08 | 7.27x |
| 2025-09-05 | 7.25x |
| 2025-09-04 | 7.25x |
| 2025-09-03 | 7.32x |
| 2025-09-02 | 7.18x |
| 2025-08-29 | 7.24x |
| 2025-08-28 | 7.17x |
| 2025-08-27 | 7.21x |
Showing the most recent 260 of 3,457 data points. The chart above shows the full history.