Data Used: Multiple data services
Date of Analysis: Data used is as of January 2025
Download as an excel file instead: https://www.stern.nyu.edu/~adamodar/pc/datasets/vebitda.xls
For global datasets: https://www.stern.nyu.edu/~adamodar/New_Home_Page/data.html
can be obtained by clicking here
on
which companies are included in each industry
Only positive EBITDA firms | All firms | ||||||||
Industry Name | Number of firms | EV/EBITDAR&D | EV/EBITDA | EV/EBIT | EV/EBIT (1-t) | EV/EBITDAR&D | EV/EBITDA | EV/EBIT | EV/EBIT (1-t) |
Advertising | 54 | 13.86 | 15.56 | 24.27 | 33.23 | 17.35 | 20.07 | 24.48 | 33.51 |
Aerospace/Defense | 67 | 13.02 | 17.24 | 28.39 | 35.54 | 17.02 | 23.20 | 34.01 | 42.58 |
Air Transport | 24 | 7.25 | 7.47 | 17.63 | 23.83 | 8.96 | 9.27 | 18.71 | 25.29 |
Apparel | 37 | 9.15 | 9.22 | 14.64 | 16.89 | 11.88 | 11.99 | 14.71 | 16.98 |
Auto & Truck | 34 | 23.66 | 37.44 | 106.52 | 118.57 | 28.08 | 49.31 | 108.13 | 120.36 |
Auto Parts | 33 | 4.59 | 6.53 | 13.57 | 18.48 | 5.61 | 8.57 | 14.32 | 19.50 |
Bank (Money Center) | 15 | NA | NA | NA | NA | NA | NA | NA | NA |
Banks (Regional) | 591 | NA | NA | NA | NA | NA | NA | NA | NA |
Beverage (Alcoholic) | 18 | 11.63 | 11.63 | 14.40 | 17.68 | 12.67 | 12.67 | 14.42 | 17.71 |
Beverage (Soft) | 29 | 16.42 | 16.76 | 19.87 | 24.77 | 17.63 | 18.03 | 19.88 | 24.78 |
Broadcasting | 22 | 7.20 | 7.21 | 10.26 | 12.40 | 9.07 | 9.07 | 10.29 | 12.43 |
Brokerage & Investment Banking | 30 | NA | NA | NA | NA | NA | NA | NA | NA |
Building Materials | 39 | 12.26 | 13.14 | 17.28 | 22.72 | 13.08 | 14.08 | 17.29 | 22.73 |
Business & Consumer Services | 152 | 15.71 | 16.75 | 23.77 | 31.55 | 17.71 | 19.03 | 23.97 | 31.82 |
Cable TV | 9 | 7.00 | 7.04 | 12.52 | 16.14 | 7.15 | 7.20 | 12.52 | 16.14 |
Chemical (Basic) | 31 | 7.40 | 7.97 | 16.21 | 19.73 | 7.57 | 8.15 | 16.53 | 20.12 |
Chemical (Diversified) | 4 | 7.96 | 9.27 | 22.26 | 22.26 | 7.24 | 8.32 | 22.28 | 22.28 |
Chemical (Specialty) | 60 | 11.72 | 13.31 | 22.13 | 27.55 | 12.69 | 14.51 | 22.76 | 28.34 |
Coal & Related Energy | 16 | 3.84 | 3.89 | 7.98 | 10.36 | 4.89 | 4.94 | 14.11 | 18.33 |
Computer Services | 63 | 11.47 | 14.29 | 21.79 | 26.07 | 11.50 | 14.33 | 21.94 | 26.25 |
Computers/Peripherals | 35 | 20.02 | 25.36 | 29.39 | 38.04 | 20.57 | 26.23 | 29.46 | 38.13 |
Construction Supplies | 46 | 11.19 | 12.62 | 16.11 | 20.83 | 11.78 | 13.37 | 16.20 | 20.96 |
Diversified | 21 | 7.71 | 7.86 | 8.81 | 10.91 | 8.52 | 8.70 | 8.82 | 10.92 |
Drugs (Biotechnology) | 535 | 6.36 | 15.19 | NA | NA | 11.49 | 62.25 | NA | NA |
Drugs (Pharmaceutical) | 231 | 8.61 | 15.37 | 23.37 | 26.55 | 9.77 | 18.96 | 24.05 | 27.32 |
Education | 29 | 11.88 | 14.25 | 28.47 | 40.22 | 17.51 | 22.90 | 29.60 | 41.81 |
Electrical Equipment | 101 | 15.63 | 19.61 | 41.44 | 57.05 | 22.27 | 30.40 | 44.79 | 61.66 |
Electronics (Consumer & Office) | 11 | 3.37 | 44.49 | NA | NA | NA | NA | NA | NA |
Electronics (General) | 122 | 12.98 | 17.28 | 28.93 | 36.11 | 14.34 | 19.60 | 29.68 | 37.04 |
Engineering/Construction | 42 | 15.58 | 15.65 | 24.03 | 32.59 | 19.45 | 19.55 | 24.14 | 32.74 |
Entertainment | 96 | 16.56 | 19.61 | 45.58 | 60.65 | 19.89 | 24.18 | 48.00 | 63.87 |
Environmental & Waste Services | 50 | 15.52 | 15.82 | 24.29 | 31.58 | 17.55 | 17.94 | 24.42 | 31.74 |
Farming/Agriculture | 35 | 10.22 | 11.76 | 15.78 | 20.70 | 9.48 | 10.79 | 15.92 | 20.89 |
Financial Svcs. (Non-bank & Insurance) | 166 | 57.13 | 62.82 | 79.27 | 98.28 | 95.38 | 106.22 | 117.65 | 145.87 |
Food Processing | 77 | 10.71 | 11.17 | 14.76 | 19.39 | 11.75 | 12.30 | 14.84 | 19.49 |
Food Wholesalers | 14 | 10.77 | 10.77 | 16.86 | 22.03 | 12.03 | 12.03 | 16.86 | 22.03 |
Furn/Home Furnishings | 28 | 8.66 | 10.18 | 17.22 | 20.74 | 10.18 | 12.31 | 17.44 | 21.01 |
Green & Renewable Energy | 18 | 11.28 | 11.30 | 31.91 | 32.14 | 11.67 | 11.70 | 32.28 | 32.52 |
Healthcare Products | 218 | 15.85 | 21.20 | 33.63 | 40.27 | 18.01 | 24.93 | 34.70 | 41.55 |
Healthcare Support Services | 113 | 11.17 | 11.32 | 15.15 | 19.72 | 11.52 | 11.67 | 15.34 | 19.96 |
Heathcare Information and Technology | 116 | 17.13 | 22.01 | 38.62 | 45.29 | 19.27 | 25.45 | 39.63 | 46.48 |
Homebuilding | 30 | 7.65 | 7.65 | 7.97 | 10.38 | 8.02 | 8.02 | 7.98 | 10.39 |
Hospitals/Healthcare Facilities | 33 | 8.09 | 8.11 | 12.21 | 15.45 | 9.65 | 9.69 | 12.22 | 15.46 |
Hotel/Gaming | 65 | 14.18 | 15.42 | 28.23 | 33.53 | 16.71 | 18.42 | 28.85 | 34.26 |
Household Products | 101 | 14.11 | 15.31 | 18.97 | 24.65 | 15.06 | 16.43 | 19.04 | 24.73 |
Information Services | 16 | 10.68 | 11.75 | 18.68 | 24.17 | 12.00 | 13.36 | 18.68 | 24.17 |
Insurance (General) | 22 | 12.96 | 13.02 | 18.83 | 22.64 | 14.34 | 14.42 | 18.88 | 22.71 |
Insurance (Life) | 19 | 11.70 | 11.70 | 14.40 | 19.08 | 19.88 | 19.88 | 15.00 | 19.88 |
Insurance (Prop/Cas.) | 53 | 10.22 | 10.22 | 10.96 | 13.79 | 15.99 | 15.99 | 11.01 | 13.85 |
Investments & Asset Management | 231 | 40.03 | 41.40 | 41.45 | 51.50 | 47.89 | 49.81 | 42.69 | 53.04 |
Machinery | 109 | 13.91 | 15.35 | 20.02 | 25.54 | 15.49 | 17.29 | 20.20 | 25.77 |
Metals & Mining | 64 | 8.63 | 8.68 | 12.27 | 19.43 | 11.17 | 11.26 | 12.76 | 20.21 |
Office Equipment & Services | 14 | 7.65 | 8.77 | 14.16 | 17.04 | 9.09 | 10.71 | 14.18 | 17.07 |
Oil/Gas (Integrated) | 4 | 6.63 | 6.70 | 11.06 | 15.84 | 6.69 | 6.76 | 11.06 | 15.84 |
Oil/Gas (Production and Exploration) | 147 | 5.60 | 5.60 | 10.14 | 13.18 | 5.77 | 5.78 | 10.24 | 13.31 |
Oil/Gas Distribution | 24 | 12.16 | 12.16 | 17.30 | 21.48 | 10.55 | 10.56 | 17.51 | 21.73 |
Oilfield Svcs/Equip. | 97 | 7.09 | 7.35 | 11.70 | 14.67 | 5.49 | 5.65 | 11.75 | 14.73 |
Packaging & Container | 22 | 9.15 | 9.46 | 15.43 | 19.03 | 9.24 | 9.56 | 15.43 | 19.03 |
Paper/Forest Products | 6 | 7.84 | 7.87 | 11.96 | 16.56 | 8.60 | 8.65 | 11.96 | 16.56 |
Power | 48 | 11.84 | 11.87 | 21.89 | 24.84 | 13.14 | 13.18 | 21.98 | 24.94 |
Precious Metals | 60 | 7.98 | 8.17 | 15.63 | 18.52 | 14.60 | 15.22 | 16.21 | 19.21 |
Publishing & Newspapers | 19 | 10.17 | 11.09 | 19.22 | 26.39 | 11.67 | 12.90 | 19.35 | 26.56 |
R.E.I.T. | 192 | 20.33 | 20.33 | 43.92 | 45.76 | 24.28 | 24.28 | 48.73 | 50.76 |
Real Estate (Development) | 15 | 14.94 | 14.94 | 27.38 | 32.34 | 21.72 | 21.72 | 29.35 | 34.66 |
Real Estate (General/Diversified) | 11 | 14.22 | 14.22 | 31.14 | 42.63 | 21.41 | 21.41 | 36.45 | 49.90 |
Real Estate (Operations & Services) | 60 | 15.84 | 20.83 | 90.19 | 141.38 | 30.29 | 47.80 | 112.85 | 176.91 |
Recreation | 50 | 9.15 | 10.67 | 25.20 | 32.92 | 11.33 | 13.60 | 26.61 | 34.75 |
Reinsurance | 1 | 11.05 | 11.05 | 11.59 | 14.51 | 9.62 | 9.62 | 11.59 | 14.51 |
Restaurant/Dining | 62 | 18.13 | 18.67 | 32.11 | 40.68 | 22.05 | 22.85 | 32.16 | 40.75 |
Retail (Automotive) | 29 | 14.45 | 14.42 | 21.68 | 27.78 | 16.57 | 16.53 | 21.82 | 27.95 |
Retail (Building Supply) | 13 | 15.58 | 15.75 | 20.75 | 27.36 | 16.63 | 16.81 | 21.02 | 27.72 |
Retail (Distributors) | 66 | 12.85 | 12.87 | 15.74 | 20.64 | 14.93 | 14.95 | 16.82 | 22.05 |
Retail (General) | 24 | 12.87 | 18.21 | 34.66 | 43.07 | 15.42 | 23.80 | 34.67 | 43.07 |
Retail (Grocery and Food) | 17 | 7.46 | 7.74 | 16.89 | 21.43 | 10.22 | 10.76 | 16.89 | 21.44 |
Retail (REITs) | 28 | 17.44 | 17.44 | 32.77 | 34.03 | 18.96 | 18.96 | 32.77 | 34.03 |
Retail (Special Lines) | 98 | 9.77 | 9.90 | 19.99 | 26.14 | 15.37 | 15.69 | 20.17 | 26.38 |
Rubber& Tires | 3 | 4.64 | 5.68 | 14.15 | 14.15 | 6.02 | 7.89 | 14.19 | 14.19 |
Semiconductor | 63 | 24.07 | 34.48 | 48.85 | 57.90 | 29.57 | 46.76 | 49.27 | 58.39 |
Semiconductor Equip | 30 | 12.67 | 17.73 | 20.93 | 23.86 | 12.92 | 18.23 | 20.96 | 23.89 |
Shipbuilding & Marine | 8 | 7.71 | 7.71 | 11.59 | 14.54 | 11.05 | 11.05 | 11.68 | 14.66 |
Shoe | 12 | 14.67 | 14.77 | 18.46 | 22.19 | 15.54 | 15.65 | 18.46 | 22.20 |
Software (Entertainment) | 81 | 12.53 | 18.27 | 22.46 | 26.46 | 15.17 | 24.22 | 22.84 | 26.90 |
Software (Internet) | 29 | 12.29 | 28.08 | NA | NA | 25.99 | 97.97 | NA | NA |
Software (System & Application) | 333 | 19.52 | 27.98 | 37.85 | 46.37 | 22.77 | 34.12 | 40.13 | 49.17 |
Steel | 27 | 7.50 | 7.52 | 11.57 | 14.20 | 5.54 | 5.55 | 11.61 | 14.25 |
Telecom (Wireless) | 11 | 9.83 | 9.84 | 21.97 | 28.89 | 12.44 | 12.46 | 21.97 | 28.90 |
Telecom. Equipment | 61 | 13.54 | 21.77 | 29.90 | 33.26 | 14.52 | 23.94 | 30.79 | 34.25 |
Telecom. Services | 32 | 6.54 | 6.62 | 12.28 | 17.09 | 7.34 | 7.44 | 12.39 | 17.25 |
Tobacco | 12 | 11.96 | 12.35 | 13.42 | 17.19 | 12.51 | 12.95 | 13.43 | 17.21 |
Transportation | 21 | 10.77 | 11.79 | 21.82 | 27.71 | 12.57 | 13.92 | 22.83 | 28.99 |
Transportation (Railroads) | 4 | 12.56 | 12.56 | 16.40 | 21.35 | 13.44 | 13.44 | 16.40 | 21.35 |
Trucking | 24 | 11.17 | 11.33 | 25.31 | 33.80 | 11.80 | 11.97 | 25.32 | 33.81 |
Utility (General) | 14 | 13.44 | 13.44 | 22.71 | 25.68 | 13.39 | 13.39 | 22.71 | 25.68 |
Utility (Water) | 15 | 15.01 | 15.03 | 22.56 | 26.93 | 16.83 | 16.85 | 22.73 | 27.13 |
Total Market | 6062 | 15.45 | 18.60 | 28.27 | 35.39 | 18.54 | 22.86 | 30.33 | 37.97 |
Total Market (without financials) | 4935 | 13.04 | 15.83 | 24.41 | 30.56 | 14.91 | 18.53 | 25.16 | 31.50 |