Question 1

What is Cencora's EV/EBITDA ratio?

Accepted Answer

Cencora (COR) EV/EBITDA ratio is 15.6× as of June 5, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Cencora?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Cencora specifically, the relevant sector benchmark is the current sector median of 15.0×.

Question 5

Is Cencora's EV/EBITDA ratio high or low?

Accepted Answer

Cencora's EV/EBITDA ratio of 15.6× is above its own 5-year average of 13.4× and above the sector median of 15.0×. That places the current reading at the 72th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Cencora's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Cencora (COR) EV/EBITDA ratio has ranged from a low of 5.8× in 2009 to a high of 29.4× in 2001. The 5-year average is 13.4× and the 5-year median is 12.3×.

Question 7

What was Cencora's EV/EBITDA ratio in 2025?

Accepted Answer

Cencora (COR) EV/EBITDA ratio at the end of 2025 was 17.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Cencora's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$60.60B	$3.74B	17.9×	+3.6×	Sep 30, 2025
2024	$44.68B	$3.36B	14.3×	+2.3×	Sep 30, 2024
2023	$36.60B	$3.40B	12.0×	+1.7×	Sep 30, 2023
2022	$28.04B	$3.11B	10.3×	-0.3×	Sep 30, 2022
2021	$24.83B	$2.92B	10.6×	—	Sep 30, 2021
2020	$19.78B	−$4.73B	—	—	Sep 30, 2020
2019	$17.12B	$1.65B	11.0×	-0.8×	Sep 30, 2019
2018	$19.99B	$1.87B	11.9×	-0.8×	Sep 30, 2018
2017	$18.08B	$1.53B	12.7×	+1.9×	Sep 30, 2017
2016	$17.70B	$1.80B	10.8×	-3.0×	Sep 30, 2016
2015	$20.15B	$1.56B	13.8×	-11.3×	Sep 30, 2015
2014	$17.32B	$699.25M	25.0×	+11.7×	Sep 30, 2014
2013	$14.08B	$1.07B	13.3×	+5.6×	Sep 30, 2013
2012	$9.47B	$1.27B	7.8×	+0.6×	Sep 30, 2012
2011	$9.93B	$1.32B	7.2×	+0.3×	Sep 30, 2011
2010	$8.55B	$1.19B	6.9×	+0.0×	Sep 30, 2010
2009	$6.55B	$974.43M	6.9×	+0.2×	Sep 30, 2009
2008	$5.89B	$928.80M	6.7×	-1.6×	Sep 30, 2008
2007	$7.83B	$960.43M	8.3×	-2.1×	Sep 30, 2007
2006	$8.99B	$846.14M	10.3×	-9.1×	Sep 30, 2006
2005	$8.22B	$403.67M	19.5×	+12.7×	Sep 30, 2005
2004	$6.01B	$970.69M	6.8×	-0.3×	Sep 30, 2004
2003	$5.88B	$967.77M	7.1×	-3.1×	Sep 30, 2003
2002	$7.59B	$856.64M	10.2×	—	Sep 30, 2002


Gilead Sciences (GILD)	13.9×
Labcorp Holdings (LH)	13.6×
Amgen (AMGN)	13.6×
Charles River (CRL)	13.2×
Regeneron Pharmaceuticals (REGN)	12.9×
GE HealthCare (GEHC)	12.9×
UnitedHealth Group (UNH)	12.7×
Pfizer (PFE)	12.4×
Henry Schein (HSIC)	12.0×
Medtronic (MDT)	11.7×
AptarGroup (ATR)	11.5×
Bristol-Myers Squibb (BMY)	11.5×
Zimmer Biomet Holdings (ZBH)	11.2×
Biogen (BIIB)	10.5×
HCA Healthcare (HCA)	10.0×
Molina Healthcare (MOH)	8.8×
DaVita (DVA)	8.5×
IQVIA (IQV)	8.2×
Incyte (INCY)	7.9×
Cigna (CI)	7.8×
Elevance Health (ELV)	6.8×
Novo Nordisk (NVO)	6.5×
Solventum (SOLV)	5.8×
Universal Health Services (UHS)	5.7×
Humana (HUM)	4.5×

EV/EBITDA for Cencora (COR)

EV/EBITDA daily chart for Cencora (COR)

Historical EV/EBITDA for Cencora (COR) from 2002 to 2025

About EV/EBITDA at Cencora (COR)

Cencora EV/EBITDA by Year

Cencora EV/EBITDA 2025: 17.9×

Cencora EV/EBITDA 2024: 14.3×

Cencora EV/EBITDA 2023: 12.0×

Cencora EV/EBITDA 2022: 10.3×

Cencora EV/EBITDA 2021: 10.6×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Cencora (COR) Key Financials

EV/EBITDA daily chart for Cencora (COR)

Historical EV/EBITDA for Cencora (COR) from 2002 to 2025

About EV/EBITDA at Cencora (COR)

Cencora EV/EBITDA by Year

Cencora EV/EBITDA 2025: 17.9×

Cencora EV/EBITDA 2024: 14.3×

Cencora EV/EBITDA 2023: 12.0×

Cencora EV/EBITDA 2022: 10.3×

Cencora EV/EBITDA 2021: 10.6×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is Cencora's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for Cencora?

+Is Cencora's EV/EBITDA ratio high or low?

+What is Cencora's historical EV/EBITDA ratio range?

+What was Cencora's EV/EBITDA ratio in 2025?

+Why does Cencora's EV/EBITDA ratio change over time?

Cencora (COR) Key Financials