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 11.25x is 24% below its 5-year average of 14.72x, near the low end of its 5-year range (9.78x–21.26x).
As of Tuesday, August 4, 2026. 3.72% above its 12-month average of 10.85x.
EV/EBITDA RATIO
11.25x
EV/EBITDA RATIO AVG TTM
10.85x
EV/EBITDA RATIO AVG 3Y
12.62x
EV/EBITDA RATIO AVG 5Y
14.72x
EV/EBITDA RATIO AVG 10Y
16.10x
EV/EBITDA RATIO AVG 15Y
15.37x
EV/EBITDA RATIO AVG 20Y
13.81x
CURRENT VS TTM AVG
+3.72%
CURRENT VS 3Y AVG
-10.88%
CURRENT VS 5Y AVG
-23.57%
CURRENT VS 10Y AVG
-30.12%
CURRENT VS 15Y AVG
-26.80%
CURRENT VS 20Y AVG
-18.54%
SECTOR MEDIAN · HEALTHCARE
16.06x
median of 72 covered companies
CURRENT VS SECTOR MEDIAN
-29.97%
vs the sector median at left
Zimmer Biomet Holdings, Inc.
Market Cap
$18.37B
EV/EBITDA Ratio
11.25x
TTM Avg
10.85x
3Y Avg
12.62x
5Y Avg
14.72x
Market Cap
$15.90B
EV/EBITDA Ratio
26.35x
TTM Avg
27.19x
3Y Avg
26.34x
5Y Avg
25.82x
Market Cap
$15.12B
EV/EBITDA Ratio
6.96x
TTM Avg
11.16x
3Y Avg
10.84x
5Y Avg
10.84x
Market Cap
$21.96B
EV/EBITDA Ratio
15.27x
TTM Avg
14.07x
3Y Avg
11.52x
5Y Avg
12.37x
Market Cap
$14.40B
EV/EBITDA Ratio
19.03x
TTM Avg
15.93x
3Y Avg
19.41x
5Y Avg
21.58x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zimmer Biomet Holdings, Inc. (ZBH) | $18.37B | 11.25x | 10.85x | 12.62x | 14.72x |
| Hologic, Inc. (HOLX)vs › | $16.97B | 17.99x | 16.18x | 16.72x | 13.25x |
| Viatris Inc. (VTRS)vs › | $20.33B | 11.28x | 132.15x | 53.36x | 34.44x |
| Medpace Holdings, Inc. (MEDP)vs › | $15.90B | 26.35x | 27.19x | 26.34x | 25.82x |
| Solventum Corporation (SOLV)vs › | $15.12B | 6.96x | 11.16x | 10.84x | 10.84x |
| United Therapeutics Corporation (UTHR)vs › | $21.96B | 15.27x | 14.07x | 11.52x | 12.37x |
| DaVita Inc. (DVA)vs › | $14.78B | 10.23x | 8.98x | 9.17x | 9.21x |
| Moderna, Inc. (MRNA)vs › | $22.44B | N/A | 15.48x | 26.88x | 26.88x |
| The Cooper Companies, Inc. (COO)vs › | $14.40B | 19.03x | 15.93x | 19.41x | 21.58x |
| Baxter International Inc. (BAX)vs › | $14.35B | 32.51x | 22.73x | 20.83x | 20.11x |
At 11.3, EV/EBITDA is cheaper than usual, sitting higher than 31% of its 20-year history.
20-year low
5.1
median
13.3
20-year high
46.1
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 |
|---|---|
| 2026-08-03 | 11.25x |
| 2026-07-31 | 10.99x |
| 2026-07-30 | 11.08x |
| 2026-07-29 | 11.27x |
| 2026-07-28 | 11.15x |
| 2026-07-27 | 10.84x |
| 2026-07-24 | 10.78x |
| 2026-07-23 | 10.63x |
| 2026-07-22 | 10.55x |
| 2026-07-21 | 10.57x |
| 2026-07-20 | 10.64x |
| 2026-07-17 | 10.76x |
| 2026-07-16 | 10.98x |
| 2026-07-15 | 10.67x |
| 2026-07-14 | 10.75x |
| 2026-07-13 | 11.01x |
| 2026-07-10 | 10.77x |
| 2026-07-09 | 10.60x |
| 2026-07-08 | 10.46x |
| 2026-07-07 | 10.61x |
| 2026-07-06 | 10.64x |
| 2026-07-02 | 10.45x |
| 2026-07-01 | 10.17x |
| 2026-06-30 | 10.33x |
| 2026-06-29 | 10.77x |
| 2026-06-26 | 10.92x |
| 2026-06-25 | 10.74x |
| 2026-06-24 | 10.71x |
| 2026-06-23 | 10.46x |
| 2026-06-22 | 10.42x |
| 2026-06-18 | 10.49x |
| 2026-06-17 | 10.42x |
| 2026-06-16 | 10.60x |
| 2026-06-15 | 10.51x |
| 2026-06-12 | 10.54x |
| 2026-06-11 | 10.42x |
| 2026-06-10 | 10.51x |
| 2026-06-09 | 10.63x |
| 2026-06-08 | 10.43x |
| 2026-06-05 | 10.44x |
| 2026-06-04 | 10.38x |
| 2026-06-03 | 10.24x |
| 2026-06-02 | 10.13x |
| 2026-06-01 | 10.06x |
| 2026-05-29 | 10.01x |
| 2026-05-28 | 10.05x |
| 2026-05-27 | 10.03x |
| 2026-05-26 | 10.19x |
| 2026-05-22 | 10.28x |
| 2026-05-21 | 10.26x |
| 2026-05-20 | 10.27x |
| 2026-05-19 | 10.33x |
| 2026-05-18 | 10.25x |
| 2026-05-15 | 10.13x |
| 2026-05-14 | 10.04x |
| 2026-05-13 | 10.05x |
| 2026-05-12 | 10.10x |
| 2026-05-11 | 9.78x |
| 2026-05-08 | 10.01x |
| 2026-05-07 | 10.10x |
| 2026-05-06 | 10.05x |
| 2026-05-05 | 10.07x |
| 2026-05-04 | 10.04x |
| 2026-05-01 | 10.06x |
| 2026-04-30 | 10.00x |
| 2026-04-29 | 9.80x |
| 2026-04-28 | 10.03x |
| 2026-04-27 | 10.87x |
| 2026-04-24 | 10.75x |
| 2026-04-23 | 10.85x |
| 2026-04-22 | 10.91x |
| 2026-04-21 | 10.88x |
| 2026-04-20 | 11.11x |
| 2026-04-17 | 11.05x |
| 2026-04-16 | 11.05x |
| 2026-04-15 | 11.00x |
| 2026-04-14 | 11.20x |
| 2026-04-13 | 11.10x |
| 2026-04-10 | 10.91x |
| 2026-04-09 | 10.91x |
| 2026-04-08 | 10.90x |
| 2026-04-07 | 10.77x |
| 2026-04-06 | 10.73x |
| 2026-04-02 | 10.72x |
| 2026-04-01 | 10.73x |
| 2026-03-31 | 10.68x |
| 2026-03-30 | 10.53x |
| 2026-03-27 | 10.53x |
| 2026-03-26 | 10.57x |
| 2026-03-25 | 10.45x |
| 2026-03-24 | 10.33x |
| 2026-03-23 | 10.46x |
| 2026-03-20 | 10.47x |
| 2026-03-19 | 10.63x |
| 2026-03-18 | 10.57x |
| 2026-03-17 | 10.86x |
| 2026-03-16 | 10.93x |
| 2026-03-13 | 10.92x |
| 2026-03-12 | 10.87x |
| 2026-03-11 | 10.96x |
| 2026-03-10 | 10.79x |
| 2026-03-09 | 10.93x |
| 2026-03-06 | 11.00x |
| 2026-03-05 | 10.94x |
| 2026-03-04 | 11.14x |
| 2026-03-03 | 11.33x |
| 2026-03-02 | 11.46x |
| 2026-02-27 | 11.37x |
| 2026-02-26 | 11.58x |
| 2026-02-25 | 11.49x |
| 2026-02-24 | 11.49x |
| 2026-02-23 | 11.45x |
| 2026-02-20 | 11.39x |
| 2026-02-19 | 11.43x |
| 2026-02-18 | 10.95x |
| 2026-02-17 | 10.86x |
| 2026-02-13 | 10.80x |
| 2026-02-12 | 10.70x |
| 2026-02-11 | 10.73x |
| 2026-02-10 | 10.39x |
| 2026-02-09 | 10.25x |
| 2026-02-06 | 10.26x |
| 2026-02-05 | 10.17x |
| 2026-02-04 | 10.11x |
| 2026-02-03 | 9.96x |
| 2026-02-02 | 9.96x |
| 2026-01-30 | 10.03x |
| 2026-01-29 | 9.94x |
| 2026-01-28 | 9.92x |
| 2026-01-27 | 9.94x |
| 2026-01-26 | 10.05x |
| 2026-01-23 | 9.99x |
| 2026-01-22 | 10.07x |
| 2026-01-21 | 9.99x |
| 2026-01-20 | 10.01x |
| 2026-01-16 | 10.05x |
| 2026-01-15 | 10.17x |
| 2026-01-14 | 10.21x |
| 2026-01-13 | 10.13x |
| 2026-01-12 | 10.39x |
| 2026-01-09 | 10.51x |
| 2026-01-08 | 10.61x |
| 2026-01-07 | 10.49x |
| 2026-01-06 | 10.66x |
| 2026-01-05 | 10.49x |
| 2026-01-02 | 10.27x |
| 2025-12-31 | 10.26x |
| 2025-12-30 | 10.34x |
| 2025-12-29 | 10.31x |
| 2025-12-26 | 10.33x |
| 2025-12-24 | 10.29x |
| 2025-12-23 | 10.22x |
| 2025-12-22 | 10.25x |
| 2025-12-19 | 10.20x |
| 2025-12-18 | 10.30x |
| 2025-12-17 | 10.40x |
| 2025-12-16 | 10.35x |
| 2025-12-15 | 10.47x |
| 2025-12-12 | 10.40x |
| 2025-12-11 | 10.47x |
| 2025-12-10 | 10.53x |
| 2025-12-09 | 10.46x |
| 2025-12-08 | 10.50x |
| 2025-12-05 | 10.62x |
| 2025-12-04 | 10.53x |
| 2025-12-03 | 10.53x |
| 2025-12-02 | 10.61x |
| 2025-12-01 | 10.66x |
| 2025-11-28 | 10.89x |
| 2025-11-26 | 10.89x |
| 2025-11-25 | 10.86x |
| 2025-11-24 | 10.56x |
| 2025-11-21 | 10.45x |
| 2025-11-20 | 10.19x |
| 2025-11-19 | 10.23x |
| 2025-11-18 | 10.19x |
| 2025-11-17 | 10.16x |
| 2025-11-14 | 10.26x |
| 2025-11-13 | 10.32x |
| 2025-11-12 | 10.27x |
| 2025-11-11 | 10.15x |
| 2025-11-10 | 10.17x |
| 2025-11-07 | 10.15x |
| 2025-11-06 | 10.15x |
| 2025-11-05 | 10.07x |
| 2025-11-04 | 11.94x |
| 2025-11-03 | 11.65x |
| 2025-10-31 | 11.71x |
| 2025-10-30 | 11.63x |
| 2025-10-29 | 11.64x |
| 2025-10-28 | 11.76x |
| 2025-10-27 | 11.93x |
| 2025-10-24 | 11.93x |
| 2025-10-23 | 11.94x |
| 2025-10-22 | 12.01x |
| 2025-10-21 | 11.90x |
| 2025-10-20 | 11.90x |
| 2025-10-17 | 11.83x |
| 2025-10-16 | 11.66x |
| 2025-10-15 | 11.61x |
| 2025-10-14 | 11.52x |
| 2025-10-13 | 11.24x |
| 2025-10-10 | 11.21x |
| 2025-10-09 | 11.44x |
| 2025-10-08 | 11.52x |
| 2025-10-07 | 11.58x |
| 2025-10-06 | 11.56x |
| 2025-10-03 | 11.73x |
| 2025-10-02 | 11.59x |
| 2025-10-01 | 11.57x |
| 2025-09-30 | 11.54x |
| 2025-09-29 | 11.52x |
| 2025-09-26 | 11.51x |
| 2025-09-25 | 11.40x |
| 2025-09-24 | 11.58x |
| 2025-09-23 | 11.69x |
| 2025-09-22 | 11.81x |
| 2025-09-19 | 11.67x |
| 2025-09-18 | 11.68x |
| 2025-09-17 | 11.66x |
| 2025-09-16 | 11.59x |
| 2025-09-15 | 11.75x |
| 2025-09-12 | 11.93x |
| 2025-09-11 | 12.03x |
| 2025-09-10 | 11.86x |
| 2025-09-09 | 12.00x |
| 2025-09-08 | 12.07x |
| 2025-09-05 | 12.16x |
| 2025-09-04 | 12.07x |
| 2025-09-03 | 12.10x |
| 2025-09-02 | 12.10x |
| 2025-08-29 | 12.19x |
| 2025-08-28 | 12.10x |
| 2025-08-27 | 12.25x |
| 2025-08-26 | 12.31x |
| 2025-08-25 | 12.30x |
| 2025-08-22 | 12.33x |
| 2025-08-21 | 12.05x |
| 2025-08-20 | 12.16x |
| 2025-08-19 | 12.04x |
| 2025-08-18 | 11.88x |
| 2025-08-15 | 11.90x |
| 2025-08-14 | 11.85x |
| 2025-08-13 | 11.94x |
| 2025-08-12 | 11.82x |
| 2025-08-11 | 11.67x |
| 2025-08-08 | 11.60x |
| 2025-08-07 | 11.53x |
| 2025-08-06 | 10.32x |
| 2025-08-05 | 10.40x |
| 2025-08-04 | 10.43x |
| 2025-08-01 | 10.28x |
| 2025-07-31 | 10.37x |
| 2025-07-30 | 10.51x |
| 2025-07-29 | 10.65x |
| 2025-07-28 | 10.74x |
| 2025-07-25 | 10.87x |
| 2025-07-24 | 10.82x |
| 2025-07-23 | 10.85x |
| 2025-07-22 | 10.79x |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.
