Basis: Current FMP quote-based enterprise value / four-quarter operating income plus matched D&A. 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 32.92x is 154% above its estimated 5-year average of 12.97x, around the middle of its estimated 5-year range (3.74x–85.41x).
As of 2026-09-10T14:40:34.000Z. 1.41% above its estimated 12-month average of 32.46x.
Quote observation: 2026-09-10T14:40:34.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 026ec02fc3b391870d2c72d04ef984f3ec73fd3ce09bfff8d37f63aada059caf
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/EBITDA RATIO
32.92x
EV/EBITDA RATIO AVG TTM
32.46x
EV/EBITDA RATIO AVG 3Y
32.13x
EV/EBITDA RATIO AVG 5Y
12.97x
EV/EBITDA RATIO AVG 10Y
9.67x
EV/EBITDA RATIO AVG 15Y
6.91x
EV/EBITDA RATIO AVG 20Y
5.24x
CURRENT VS TTM AVG
+1.41%
CURRENT VS 3Y AVG
+2.47%
CURRENT VS 5Y AVG
+153.76%
CURRENT VS 10Y AVG
+240.52%
CURRENT VS 15Y AVG
+376.72%
CURRENT VS 20Y AVG
+528.04%
SECTOR MEDIAN · TECHNOLOGY
26.23x
median of 157 covered companies
CURRENT VS SECTOR MEDIAN
+25.51%
vs the sector median at left
Western Digital Corporation
Market Cap
$161.27B
EV/EBITDA Ratio
32.92x
TTM Avg
32.46x
3Y Avg
32.13x
5Y Avg
12.97x
Market Cap
$166.06B
EV/EBITDA Ratio
87.87x
TTM Avg
121.26x
3Y Avg
128.55x
5Y Avg
185.60x
Market Cap
$176.43B
EV/EBITDA Ratio
26.56x
TTM Avg
30.99x
3Y Avg
25.97x
5Y Avg
24.14x
Market Cap
$144.41B
EV/EBITDA Ratio
20.15x
TTM Avg
29.16x
3Y Avg
68.09x
5Y Avg
77.16x
Market Cap
$183.20B
EV/EBITDA Ratio
16.45x
TTM Avg
14.34x
3Y Avg
15.87x
5Y Avg
14.22x
Market Cap
$138.28B
EV/EBITDA Ratio
52.43x
TTM Avg
55.25x
3Y Avg
93.86x
5Y Avg
119.10x
Market Cap
$196.27B
EV/EBITDA Ratio
45.41x
TTM Avg
39.83x
3Y Avg
62.93x
5Y Avg
44.27x
Market Cap
$198.44B
EV/EBITDA Ratio
22.76x
TTM Avg
28.13x
3Y Avg
25.93x
5Y Avg
23.10x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Western Digital Corporation (WDC) | $161.27B | 32.92x | 32.46x | 32.13x | 12.97x |
| Shopify Inc. (SHOP)vs › | $166.06B | 87.87x | 121.26x | 128.55x | 185.60x |
| Analog Devices, Inc. (ADI)vs › | $176.43B | 26.56x | 30.99x | 25.97x | 24.14x |
| Uber Technologies, Inc. (UBER)vs › | $144.41B | 20.15x | 29.16x | 68.09x | 77.16x |
| Corning Inc (GLW)vs › | $144.17B | 40.65x | 34.89x | 23.80x | 18.73x |
| QUALCOMM Incorporated (QCOM)vs › | $183.20B | 16.45x | 14.34x | 15.87x | 14.22x |
| ServiceNow, Inc. (NOW)vs › | $138.28B | 52.43x | 55.25x | 93.86x | 119.10x |
| Seagate Technology Holdings plc (STX)vs › | $196.27B | 45.41x | 39.83x | 62.93x | 44.27x |
| Amphenol Corporation (APH)vs › | $198.44B | 22.76x | 28.13x | 25.93x | 23.10x |
| Salesforce, Inc. (CRM)vs › | $202.37B | 17.70x | 17.18x | 24.88x | 31.14x |
At 32.9, EV/EBITDA is above its estimated 20-year median — higher than 97% of readings in its estimated 20-year history.
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.
estimated 20-year low
0.6
median
5.0
estimated 20-year high
85.4
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 |
|---|---|
| 2026-09-09 | 37.03x |
| 2026-09-08 | 36.65x |
| 2026-09-04 | 35.89x |
| 2026-09-03 | 33.89x |
| 2026-09-02 | 34.46x |
| 2026-09-01 | 34.58x |
| 2026-08-31 | 34.59x |
| 2026-08-28 | 35.27x |
| 2026-08-27 | 35.47x |
| 2026-08-26 | 36.00x |
| 2026-08-25 | 34.60x |
| 2026-08-24 | 33.42x |
| 2026-08-21 | 35.27x |
| 2026-08-20 | 36.01x |
| 2026-08-19 | 35.47x |
| 2026-08-18 | 38.10x |
| 2026-08-17 | 41.17x |
| 2026-08-14 | 47.90x |
| 2026-08-13 | 45.87x |
| 2026-08-12 | 42.74x |
| 2026-08-11 | 41.22x |
| 2026-08-10 | 41.26x |
| 2026-08-07 | 40.88x |
| 2026-08-06 | 42.50x |
| 2026-08-05 | 48.88x |
| 2026-08-04 | 51.65x |
| 2026-08-03 | 49.64x |
| 2026-07-31 | 51.30x |
| 2026-07-30 | 50.19x |
| 2026-07-29 | 43.49x |
| 2026-07-28 | 43.63x |
| 2026-07-27 | 46.88x |
| 2026-07-24 | 48.94x |
| 2026-07-23 | 52.57x |
| 2026-07-22 | 52.42x |
| 2026-07-21 | 51.63x |
| 2026-07-20 | 45.89x |
| 2026-07-17 | 44.92x |
| 2026-07-16 | 43.94x |
| 2026-07-15 | 48.38x |
| 2026-07-14 | 53.04x |
| 2026-07-13 | 52.31x |
| 2026-07-10 | 54.86x |
| 2026-07-09 | 54.43x |
| 2026-07-08 | 51.82x |
| 2026-07-07 | 50.10x |
| 2026-07-06 | 54.38x |
| 2026-07-02 | 50.75x |
| 2026-07-01 | 56.35x |
| 2026-06-30 | 60.15x |
| 2026-06-29 | 61.39x |
| 2026-06-26 | 55.22x |
| 2026-06-25 | 63.61x |
| 2026-06-24 | 60.64x |
| 2026-06-23 | 63.17x |
| 2026-06-22 | 69.01x |
| 2026-06-18 | 70.29x |
| 2026-06-17 | 67.08x |
| 2026-06-16 | 64.15x |
| 2026-06-15 | 61.55x |
| 2026-06-12 | 53.01x |
| 2026-06-11 | 49.83x |
| 2026-06-10 | 46.14x |
| 2026-06-09 | 48.74x |
| 2026-06-08 | 49.61x |
| 2026-06-05 | 48.18x |
| 2026-06-04 | 54.19x |
| 2026-06-03 | 55.95x |
| 2026-06-02 | 53.02x |
| 2026-06-01 | 51.43x |
| 2026-05-29 | 50.01x |
| 2026-05-28 | 50.01x |
| 2026-05-27 | 49.96x |
| 2026-05-26 | 49.40x |
| 2026-05-22 | 45.59x |
| 2026-05-21 | 45.79x |
| 2026-05-20 | 43.26x |
| 2026-05-19 | 42.90x |
| 2026-05-18 | 43.17x |
| 2026-05-15 | 45.38x |
| 2026-05-14 | 46.05x |
| 2026-05-13 | 46.51x |
| 2026-05-12 | 46.01x |
| 2026-05-11 | 48.56x |
| 2026-05-08 | 45.19x |
| 2026-05-07 | 43.67x |
| 2026-05-06 | 45.48x |
| 2026-05-05 | 43.80x |
| 2026-05-04 | 41.64x |
| 2026-05-01 | 40.61x |
| 2026-04-30 | 46.50x |
| 2026-04-29 | 44.21x |
| 2026-04-28 | 41.92x |
| 2026-04-27 | 42.94x |
| 2026-04-24 | 43.29x |
| 2026-04-23 | 43.20x |
| 2026-04-22 | 41.72x |
| 2026-04-21 | 41.16x |
| 2026-04-20 | 40.14x |
| 2026-04-17 | 39.97x |
| 2026-04-16 | 38.83x |
| 2026-04-15 | 39.18x |
| 2026-04-14 | 39.31x |
| 2026-04-13 | 37.62x |
| 2026-04-10 | 36.91x |
| 2026-04-09 | 36.33x |
| 2026-04-08 | 36.42x |
| 2026-04-07 | 33.60x |
| 2026-04-06 | 32.78x |
| 2026-04-02 | 31.81x |
| 2026-04-01 | 32.10x |
| 2026-03-31 | 29.23x |
| 2026-03-30 | 27.25x |
| 2026-03-27 | 29.74x |
| 2026-03-26 | 29.53x |
| 2026-03-25 | 31.93x |
| 2026-03-24 | 32.45x |
| 2026-03-23 | 31.79x |
| 2026-03-20 | 31.61x |
| 2026-03-19 | 34.12x |
| 2026-03-18 | 32.85x |
| 2026-03-17 | 33.79x |
| 2026-03-16 | 30.89x |
| 2026-03-13 | 29.42x |
| 2026-03-12 | 28.25x |
| 2026-03-11 | 29.05x |
| 2026-03-10 | 28.78x |
| 2026-03-09 | 28.34x |
| 2026-03-06 | 26.57x |
| 2026-03-05 | 28.02x |
| 2026-03-04 | 28.26x |
| 2026-03-03 | 27.14x |
| 2026-03-02 | 29.19x |
| 2026-02-27 | 30.20x |
| 2026-02-26 | 30.47x |
| 2026-02-25 | 31.39x |
| 2026-02-24 | 29.24x |
| 2026-02-23 | 30.28x |
| 2026-02-20 | 30.81x |
| 2026-02-19 | 30.72x |
| 2026-02-18 | 31.98x |
| 2026-02-17 | 30.67x |
| 2026-02-13 | 30.40x |
| 2026-02-12 | 30.66x |
| 2026-02-11 | 29.57x |
| 2026-02-10 | 28.40x |
| 2026-02-09 | 30.86x |
| 2026-02-06 | 30.50x |
| 2026-02-05 | 28.15x |
| 2026-02-04 | 29.12x |
| 2026-02-03 | 31.31x |
| 2026-02-02 | 29.20x |
| 2026-01-30 | 27.10x |
| 2026-01-29 | 30.87x |
| 2026-01-28 | 31.01x |
| 2026-01-27 | 28.10x |
| 2026-01-26 | 26.82x |
| 2026-01-23 | 26.34x |
| 2026-01-22 | 27.09x |
| 2026-01-21 | 26.94x |
| 2026-01-20 | 24.89x |
| 2026-01-16 | 24.74x |
| 2026-01-15 | 24.80x |
| 2026-01-14 | 24.04x |
| 2026-01-13 | 23.93x |
| 2026-01-12 | 23.73x |
| 2026-01-09 | 22.47x |
| 2026-01-08 | 21.09x |
| 2026-01-07 | 22.41x |
| 2026-01-06 | 24.51x |
| 2026-01-05 | 21.11x |
| 2026-01-02 | 21.09x |
| 2025-12-31 | 19.43x |
| 2025-12-30 | 19.84x |
| 2025-12-29 | 20.23x |
| 2025-12-26 | 20.43x |
| 2025-12-24 | 20.22x |
| 2025-12-23 | 20.07x |
| 2025-12-22 | 19.91x |
| 2025-12-19 | 20.38x |
| 2025-12-18 | 19.72x |
| 2025-12-17 | 18.78x |
| 2025-12-16 | 19.68x |
| 2025-12-15 | 19.40x |
| 2025-12-12 | 19.87x |
| 2025-12-11 | 21.04x |
| 2025-12-10 | 20.47x |
| 2025-12-09 | 19.14x |
| 2025-12-08 | 19.16x |
| 2025-12-05 | 19.06x |
| 2025-12-04 | 18.21x |
| 2025-12-03 | 17.63x |
| 2025-12-02 | 18.11x |
| 2025-12-01 | 18.49x |
| 2025-11-28 | 18.47x |
| 2025-11-26 | 17.86x |
| 2025-11-25 | 17.61x |
| 2025-11-24 | 17.13x |
| 2025-11-21 | 15.86x |
| 2025-11-20 | 15.98x |
| 2025-11-19 | 17.46x |
| 2025-11-18 | 17.34x |
| 2025-11-17 | 18.37x |
| 2025-11-14 | 17.87x |
| 2025-11-13 | 17.80x |
| 2025-11-12 | 18.77x |
| 2025-11-11 | 19.18x |
| 2025-11-10 | 19.64x |
| 2025-11-07 | 18.43x |
| 2025-11-06 | 18.49x |
| 2025-11-05 | 18.12x |
| 2025-11-04 | 17.26x |
| 2025-11-03 | 17.89x |
| 2025-10-31 | 17.05x |
| 2025-10-30 | 17.18x |
| 2025-10-29 | 17.56x |
| 2025-10-28 | 15.63x |
| 2025-10-27 | 15.84x |
| 2025-10-24 | 16.16x |
| 2025-10-23 | 15.72x |
| 2025-10-22 | 15.11x |
| 2025-10-21 | 15.22x |
| 2025-10-20 | 15.23x |
| 2025-10-17 | 15.78x |
| 2025-10-16 | 15.75x |
| 2025-10-15 | 15.10x |
| 2025-10-14 | 14.25x |
| 2025-10-13 | 14.92x |
| 2025-10-10 | 14.51x |
| 2025-10-09 | 15.02x |
| 2025-10-08 | 15.19x |
| 2025-10-07 | 15.04x |
| 2025-10-06 | 15.67x |
| 2025-10-03 | 16.38x |
| 2025-10-02 | 16.37x |
| 2025-10-01 | 16.30x |
| 2025-09-30 | 15.06x |
| 2025-09-29 | 14.67x |
| 2025-09-26 | 13.51x |
| 2025-09-25 | 13.55x |
| 2025-09-24 | 13.84x |
| 2025-09-23 | 13.91x |
| 2025-09-22 | 14.16x |
| 2025-09-19 | 13.48x |
| 2025-09-18 | 13.31x |
| 2025-09-17 | 12.81x |
| 2025-09-16 | 13.07x |
| 2025-09-15 | 12.98x |
| 2025-09-12 | 12.43x |
| 2025-09-11 | 12.25x |
| 2025-09-10 | 12.12x |
| 2025-09-09 | 12.06x |
| 2025-09-08 | 11.92x |
| 2025-09-05 | 11.77x |
| 2025-09-04 | 11.59x |
| 2025-09-03 | 11.06x |
| 2025-09-02 | 10.58x |
| 2025-08-29 | 10.40x |
| 2025-08-28 | 10.60x |
| 2025-08-27 | 10.43x |
Showing the most recent 260 of 4,710 data points. The chart above shows the full history.