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 104.81x is 65% below its estimated 1-year average of 295.29x, near the low end of its estimated 1-year range (94.88x–491.29x).
As of 2026-10-02T21:10:56.442Z.
Calculation as of: 2026-10-02T21:10:56.442Z.
Quote observation: 2026-10-02T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 38434a2ec873e63f4b6306dae12dba946e1f285b5d5377537a1706c6666b0250
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 2026-10-01.
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
104.81x
EV/EBITDA RATIO AVG TTM
N/A
EV/EBITDA RATIO AVG 3Y
N/A
EV/EBITDA RATIO AVG 5Y
N/A
EV/EBITDA RATIO AVG 10Y
N/A
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
25.94x
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+304.05%
vs the sector median at left
Market Cap
$4.06B
EV/EBITDA Ratio
47.26x
TTM Avg
78.58x
3Y Avg
118.92x
5Y Avg
118.92x
Market Cap
$4.18B
EV/EBITDA Ratio
14.54x
TTM Avg
19.16x
3Y Avg
21.94x
5Y Avg
21.94x
Market Cap
$3.50B
EV/EBITDA Ratio
75.11x
TTM Avg
49.57x
3Y Avg
29.94x
5Y Avg
25.40x
Market Cap
$4.34B
EV/EBITDA Ratio
38.89x
TTM Avg
263.47x
3Y Avg
323.47x
5Y Avg
323.47x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Workiva Inc. (WK) | $3.88B | 104.81x | N/A | N/A | N/A |
| Wix.com Ltd. (WIX)vs › | $3.81B | N/A | 73.60x | 541.83x | 541.83x |
| Itron, Inc. (ITRI)vs › | $3.79B | 8.69x | 12.77x | 17.32x | 45.66x |
| Dlocal Limited (DLO)vs › | $4.03B | 12.36x | 14.67x | 17.22x | 40.08x |
| Tenable Holdings, Inc. (TENB)vs › | $4.06B | 47.26x | 78.58x | 118.92x | 118.92x |
| Ondas Holdings Inc. (ONDS)vs › | $4.13B | N/A | N/A | N/A | N/A |
| Clear Secure, Inc. (YOU)vs › | $4.18B | 14.54x | 19.16x | 21.94x | 21.94x |
| Veeco Instruments Inc. (VECO)vs › | $3.50B | 75.11x | 49.57x | 29.94x | 25.40x |
| Bill.com Holdings, Inc. (BILL)vs › | $4.34B | 38.89x | 263.47x | 323.47x | 323.47x |
| AXT, Inc. (AXTI)vs › | $4.36B | 301.36x | 309.02x | 247.88x | 50.38x |
At 104.8, EV/EBITDA is at an extreme level, where the multiple carries little signal — higher than 9% of readings in its estimated 1-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 1-year low
94.9
median
392.5
estimated 1-year high
491.3
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 |
|---|---|
| 2026-10-01 | 105.45x |
| 2026-09-30 | 101.37x |
| 2026-09-29 | 99.48x |
| 2026-09-28 | 103.53x |
| 2026-09-25 | 105.47x |
| 2026-09-24 | 107.92x |
| 2026-09-23 | 107.00x |
| 2026-09-22 | 105.72x |
| 2026-09-21 | 109.74x |
| 2026-09-18 | 110.19x |
| 2026-09-17 | 110.22x |
| 2026-09-16 | 109.59x |
| 2026-09-15 | 112.36x |
| 2026-09-14 | 113.80x |
| 2026-09-11 | 108.43x |
| 2026-09-10 | 107.72x |
| 2026-09-09 | 109.63x |
| 2026-09-08 | 110.90x |
| 2026-09-04 | 114.68x |
| 2026-09-03 | 117.40x |
| 2026-09-02 | 113.62x |
| 2026-09-01 | 114.88x |
| 2026-08-31 | 119.28x |
| 2026-08-28 | 118.15x |
| 2026-08-27 | 116.08x |
| 2026-08-26 | 111.95x |
| 2026-08-25 | 111.68x |
| 2026-08-24 | 112.46x |
| 2026-08-21 | 112.39x |
| 2026-08-20 | 113.14x |
| 2026-08-19 | 113.56x |
| 2026-08-18 | 106.08x |
| 2026-08-17 | 105.77x |
| 2026-08-14 | 106.63x |
| 2026-08-13 | 110.95x |
| 2026-08-12 | 103.37x |
| 2026-08-11 | 104.68x |
| 2026-08-10 | 102.37x |
| 2026-08-07 | 99.47x |
| 2026-08-06 | 95.35x |
| 2026-08-05 | 94.88x |
| 2026-08-04 | 489.88x |
| 2026-08-03 | 489.52x |
| 2026-07-31 | 479.60x |
| 2026-07-30 | 470.66x |
| 2026-07-29 | 491.29x |
| 2026-07-28 | 470.45x |
| 2026-07-27 | 450.88x |
| 2026-07-24 | 427.27x |
| 2026-07-23 | 414.94x |
| 2026-07-22 | 424.65x |
| 2026-07-21 | 445.28x |
| 2026-07-20 | 461.09x |
| 2026-07-17 | 461.02x |
| 2026-07-16 | 459.53x |
| 2026-07-15 | 441.17x |
| 2026-07-14 | 436.28x |
| 2026-07-13 | 442.30x |
| 2026-07-10 | 425.50x |
| 2026-07-09 | 426.63x |
| 2026-07-08 | 424.08x |
| 2026-07-07 | 431.10x |
| 2026-07-06 | 421.03x |
| 2026-07-02 | 423.80x |
| 2026-07-01 | 415.72x |
| 2026-06-30 | 399.55x |
| 2026-06-29 | 401.82x |
| 2026-06-26 | 403.38x |
| 2026-06-25 | 383.95x |
| 2026-06-24 | 394.73x |
| 2026-06-23 | 388.70x |
| 2026-06-22 | 381.61x |
| 2026-06-18 | 391.47x |
| 2026-06-17 | 396.15x |
| 2026-06-16 | 402.67x |
| 2026-06-15 | 401.61x |
| 2026-06-12 | 402.53x |
| 2026-06-11 | 403.95x |
| 2026-06-10 | 405.15x |
| 2026-06-09 | 399.34x |
| 2026-06-08 | 398.06x |
| 2026-06-05 | 403.95x |
| 2026-06-04 | 403.38x |
| 2026-06-03 | 408.98x |
| 2026-06-02 | 423.87x |
| 2026-06-01 | 430.18x |
| 2026-05-29 | 408.56x |
| 2026-05-28 | 385.80x |
| 2026-05-27 | 392.46x |
| 2026-05-26 | 405.37x |
| 2026-05-22 | 412.31x |
| 2026-05-21 | 410.26x |
| 2026-05-20 | 399.91x |
| 2026-05-19 | 407.92x |
| 2026-05-18 | 408.77x |
| 2026-05-15 | 391.68x |
| 2026-05-14 | 377.43x |
| 2026-05-13 | 369.77x |
| 2026-05-12 | 387.78x |
| 2026-05-11 | 384.73x |
| 2026-05-08 | 419.26x |
| 2026-05-07 | 426.35x |
| 2026-05-06 | 420.96x |