EV to EBITDA: what 1371 US filers actually report
Half of the 1371 companies with a filed ev to ebitda sit at 14.53x or below. The bottom quarter is at 9.69x or below, the top quarter starts at 22.48x, and the top tenth at 39.70x.
Measured 2026-10-21 from accounts filed with the SEC, 1 day ago, one row per company. The cohort is rebuilt nightly and is flagged stale after 35 days. 1388 of the 5323 listings in the current pool hold this figure at all.
| Cohort | Companies | p5 | p10 | p25 | p50 | p75 | p90 | p95 |
|---|---|---|---|---|---|---|---|---|
| Every filer | 1371 | 4.87x | 6.41x | 9.69x | 14.53x | 22.48x | 39.70x | 71.72x |
| Industrials | 310 | 5.04x | 6.92x | 10.83x | 15.31x | 21.47x | 30.89x | 41.22x |
| Technology | 229 | 5.73x | 7.76x | 11.87x | 20.18x | 38.00x | 62.43x | 103.82x |
| Consumer Cyclical | 215 | 6.04x | 7.10x | 9.17x | 12.97x | 19.50x | 27.24x | 41.59x |
| Healthcare | 149 | 5.12x | 7.33x | 12.54x | 18.72x | 30.06x | 73.58x | 232.83x |
| Energy | 111 | 4.11x | 4.77x | 6.34x | 9.44x | 13.59x | 21.22x | 32.33x |
| Consumer Defensive | 95 | 5.86x | 7.64x | 10.48x | 14.00x | 20.79x | 29.42x | 45.31x |
| Communication Services | 84 | 3.22x | 4.62x | 7.20x | 12.98x | 25.16x | 51.26x | 110.35x |
| Basic Materials | 76 | 5.50x | 6.39x | 8.14x | 10.54x | 19.96x | 28.73x | 40.86x |
| Utilities | 64 | 7.57x | 9.33x | 12.32x | 13.43x | 15.49x | 17.68x | 28.02x |
| Financial Services | Fewer than 30 comparable companies have this figure on file, so a percentile would be noise. We are not showing one. | |||||||
| Real Estate | Fewer than 30 comparable companies have this figure on file, so a percentile would be noise. We are not showing one. | |||||||
1371 companies in the market row. How a cohort is counted: One deduplicated company per cohort row, drawn only from companies with filed statements on record. One row per company. Key: case-folded, whitespace-collapsed stocks.name. Representative listing: most archived fiscal years, then largest stored market cap, then ticker ascending.
Selection rule actually applied to the market row: tier=VERIFIED; one row per company; exact zeros excluded as coerced missing data; 621 excluded as not applicable (Bank, Capital markets, Insurer, Mortgage REIT); winsorised at p1/p99; min cohort 30. The clamp ran between 2.26x and 416.15x. Clamped to the observed values at p1 and p99 before the breakpoints were computed. Values are clamped, never dropped, so the cohort size is the cohort that produced the breakpoints.
2 sectors are named above without a distribution. Every sector this build published a distribution for, on any metric, at this coverage tier. A sector named as refused therefore had enough companies for some other metric and not for this one. The minimum is 30 companies, and a cohort under it refuses rather than publishes a percentile it cannot support.
How this figure is computed
Enterprise value against earnings before interest, tax, depreciation and amortisation.
The arithmetic, as the product prints it when a subscriber expands the figure: Enterprise Value / EBITDA, where EV = Market Cap + Total Debt - Cash.
It is one of the 116 indicators computed for every covered listing, filed under value. That count and that pillar are read from the product's own indicator registry when this page renders, so a metric that leaves the registry stops being described as one of its indicators here.
What the number hides
EBITDA is not a filed line. It is assembled, and adding depreciation back treats the wearing out of assets as though it were free, which for anything capital-intensive it is not. The enterprise value side takes market capitalisation from a quote and net debt from a filing, so the two halves are as of different dates. Lease obligations and pension deficits stay outside the debt figure unless the filer put them there.
What this page leaves out
It is one cross-section, not a history: these marks describe where filers stood on 2026-10-21 and say nothing about where they stood a year ago. One side of this figure comes from a share price rather than from a filing, so these marks move when the market does and this build has not seen the market since it ran. The price archive on this site is refreshed on its own schedule, which is slower than the market. Listings in the current equity pool holding this figure at all, counted by GET /api/screener/fields. Listings, not deduplicated companies, and counted today rather than on the build date, so it is a coverage figure and not the cohort.
Cross-sectional statistics computed from filed accounts held on the build date shown. A breakpoint describes where a figure sat among comparable companies, not whether any company is worth owning. This is research, not advice.
This figure on named companies, against their filings
- No company page uses this figure yet. The set of companies this section publishes is a fixed authorised list rather than a product of the ticker universe, so a metric can have a market distribution before it has a single named example.
Related
- Enterprise value against market cap - the lesson, rather than the cohort.
- Every metric with a published distribution
- Would this rule have broken?
- Whether a company you own is covered