Question 1

What is Oracle's EV/EBITDA ratio?

Accepted Answer

Oracle (ORCL) EV/EBITDA ratio is 15.3× as of July 22, 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 Oracle?

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 Oracle specifically, the relevant sector benchmark is the current sector median of 20.3×.

Question 5

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

Accepted Answer

Oracle's EV/EBITDA ratio of 15.3× is below its own 5-year average of 21.1× and below the sector median of 20.3×. That places the current reading at the 0th 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 Oracle's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Oracle (ORCL) EV/EBITDA ratio has ranged from a low of 6.9× in 2012 to a high of 45.2× in 2025. The 5-year average is 21.1× and the 5-year median is 20.2×.

Question 7

What was Oracle's EV/EBITDA ratio in 2026?

Accepted Answer

Oracle (ORCL) EV/EBITDA ratio at the end of 2026 was 26.1×. 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 Oracle'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.


2026	$714B	$32.1B	26.1×	+2.8×	May 31, 2026
2025	$464B	$23.9B	23.3×	+4.4×	May 31, 2025
2024	$323B	$21.4B	18.9×	-0.7×	May 31, 2024
2023	$287B	$18.7B	19.6×	+1.4×	May 31, 2023
2022	$192B	$13.5B	18.2×	+3.8×	May 31, 2022
2021	$227B	$18.4B	14.4×	+2.9×	May 31, 2021
2020	$167B	$17B	11.5×	+0.5×	May 31, 2020
2019	$171B	$17.3B	11.0×	-0.0×	May 31, 2019
2018	$189B	$16.6B	11.0×	-0.7×	May 31, 2018
2017	$188B	$15.3B	11.7×	+1.6×	May 31, 2017
2016	$170B	$15.6B	10.1×	-1.0×	May 31, 2016
2015	$194B	$16.3B	11.2×	+0.9×	May 31, 2015
2014	$191B	$17.3B	10.2×	+1.8×	May 31, 2014
2013	$160B	$17.3B	8.4×	+1.5×	May 31, 2013
2012	$129B	$16.6B	6.9×	-3.8×	May 31, 2012
2011	$173B	$15B	10.7×	+1.1×	May 31, 2011
2010	$111B	$11.3B	9.6×	+0.2×	May 31, 2010
2009	$99.5B	$10.4B	9.3×	-3.1×	May 31, 2009
2008	$118B	$9.49B	12.4×	-1.3×	May 31, 2008
2007	$99B	$7.26B	13.7×	+1.3×	May 31, 2007
2006	$74.2B	$5.81B	12.5×	-0.8×	May 31, 2006
2005	$65.6B	$4.78B	13.3×	+1.3×	May 31, 2005
2004	$57.7B	$4.11B	12.0×	-4.5×	May 31, 2004
2003	$68.2B	$3.77B	16.5×	+6.9×	May 31, 2003
2002	$43.3B	$3.94B	9.6×	—	May 31, 2002


Super Micro Computer (SMCI)	10.8×
Adobe (ADBE)	10.6×
Dell Technologies (DELL)	10.6×
NetApp (NTAP)	10.5×
PTC (PTC)	10.2×
Qorvo (QRVO)	10.2×
GoDaddy (GDDY)	10.1×
Gartner (IT)	10.1×
QUALCOMM (QCOM)	9.9×
Ondas Holdings (ONDS)	9.9×
EPAM Systems (EPAM)	9.6×
Accenture (ACN)	9.4×
Science Applications International (SAIC)	9.2×
Skyworks Solutions (SWKS)	9.2×
Amkor Technology (AMKR)	8.7×
Gen Digital (GEN)	8.3×
First Solar (FSLR)	8.3×
Corpay (CPAY)	8.3×
Paycom Software (PAYC)	8.1×
Zoom Communications (ZM)	7.5×
Fiserv (FISV)	7.4×
Cognizant (CTSH)	7.1×
HP (HPQ)	6.4×
Fidelity National Information Services (FIS)	4.8×
IBM (IBM)	3.8×

EV/EBITDA for Oracle (ORCL) 2002-2026

EV/EBITDA daily chart for Oracle (ORCL)

Historical EV/EBITDA for Oracle (ORCL) from 2002 to 2026

About EV/EBITDA at Oracle (ORCL)

Oracle EV/EBITDA by Year

Oracle EV/EBITDA 2026: 26.1×

Oracle EV/EBITDA 2025: 23.3×

Oracle EV/EBITDA 2024: 18.9×

Oracle EV/EBITDA 2023: 19.6×

Oracle EV/EBITDA 2022: 18.2×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Oracle (ORCL) Key Financials