Question 1

What is Teladoc Health's EV/EBITDA ratio?

Accepted Answer

Teladoc Health (TDOC) EV/EBITDA ratio is 24.8× as of June 12, 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 Teladoc Health?

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 Teladoc Health specifically, the relevant sector benchmark is the current sector median of 15.1×.

Question 5

Is Teladoc Health's EV/EBITDA ratio high or low?

Accepted Answer

Teladoc Health's EV/EBITDA ratio of 24.8× is below its own 5-year average of 78.2× and above the sector median of 15.1×. That places the current reading at the 5th 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 Teladoc Health's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Teladoc Health (TDOC) EV/EBITDA ratio has ranged from a low of 21.3× in 2026 to a high of 2227.9× in 2020. The 5-year average is 78.2× and the 5-year median is 63.6×.

Question 7

What was Teladoc Health's EV/EBITDA ratio in 2025?

Accepted Answer

Teladoc Health (TDOC) EV/EBITDA ratio at the end of 2025 was 154.8×. 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 Teladoc Health'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	$1.23B	$9.64M	154.8×	+96.3×	Dec 31, 2025
2024	$1.57B	$31.72M	58.5×	-34.3×	Dec 31, 2024
2023	$3.58B	$43.61M	92.8×	—	Dec 31, 2023
2022	$3.84B	−$14.58M	—	—	Dec 31, 2022
2021	$14.69B	−$46.42M	—	—	Dec 31, 2021
2020	$25.65B	−$346.99M	—	—	Dec 31, 2020
2019	$6.08B	−$34.87M	—	—	Dec 31, 2019
2018	$3.48B	−$29.80M	—	—	Dec 31, 2018
2017	$2.03B	−$39.72M	—	—	Dec 31, 2017
2016	$861.18M	−$44.28M	—	—	Dec 31, 2016
2015	$690.75M	−$47.31M	—	—	Dec 31, 2015
2014	$524.64M	−$12.43M	—	—	Dec 31, 2014


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 Teladoc Health (TDOC)

EV/EBITDA daily chart for Teladoc Health (TDOC)

Historical EV/EBITDA for Teladoc Health (TDOC) from 2014 to 2025

About EV/EBITDA at Teladoc Health (TDOC)

Teladoc Health EV/EBITDA by Year

Teladoc Health EV/EBITDA 2025: 154.8×

Teladoc Health EV/EBITDA 2024: 58.5×

Teladoc Health EV/EBITDA 2023: 92.8×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Teladoc Health (TDOC) Key Financials

EV/EBITDA daily chart for Teladoc Health (TDOC)

Historical EV/EBITDA for Teladoc Health (TDOC) from 2014 to 2025

About EV/EBITDA at Teladoc Health (TDOC)

Teladoc Health EV/EBITDA by Year

Teladoc Health EV/EBITDA 2025: 154.8×

Teladoc Health EV/EBITDA 2024: 58.5×

Teladoc Health EV/EBITDA 2023: 92.8×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is Teladoc Health'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 Teladoc Health?

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

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

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

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

Teladoc Health (TDOC) Key Financials