Astrazeneca (AZN) EV to EBITDA (2009 - 2026)
Astrazeneca's EV to EBITDA came in at 11.45 for Q3 2026, down 3.6% from 11.87 a year earlier and down 19.5% from the prior quarter.
Astrazeneca (AZN) EV to EBITDA (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Astrazeneca reported EV to EBITDA of 10.59, down 3.3% year-over-year; for FY2025, it was 14.34, up 21.2% from FY2024.
- Going back by year, EV to EBITDA was 11.84 in FY2024 (-20.7%), 14.93 in FY2023 (-32.3%), 22.03 in FY2022 (-4.0%) and 22.95 in FY2021 (+54.8%).
- The Q3 2026 figure represents the lowest quarterly EV to EBITDA since Q3 2017.
- Year-over-year, EV to EBITDA increased in three of the last seven quarters, with growth averaging 0.8%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q1 2022 (growth of 105.4%), and the weakest in Q2 2023 (a decline of 35.4%).
- Business Quant data shows AZN's EV to EBITDA at 14.22 (Q2 2026), 14.81 (Q1 2026) and 14.34 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,261.99 Bn | 1,235.61 Bn | 20.46 Bn |
| 2 | Johnson & Johnson | 678.93 Bn | 598.79 Bn | 17.30 Bn |
| 3 | AbbVie | 518.29 Bn | 486.30 Bn | 13.12 Bn |
| 4 | Merck | 365.98 Bn | 328.92 Bn | 13.19 Bn |
| 5 | Novartis Ag | 316.85 Bn | 290.09 Bn | - |
| 6 | Astrazeneca | 293.40 Bn | 267.29 Bn | 13.26 Bn |
| 7 | Amgen | 251.78 Bn | 203.43 Bn | 7.58 Bn |
| 8 | Gilead Sciences | 210.61 Bn | 185.71 Bn | 6.73 Bn |
| 9 | Pfizer | 166.87 Bn | 114.23 Bn | 12.56 Bn |
| 10 | Vertex Pharmaceuticals | 139.96 Bn | 111.95 Bn | 2.91 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.45 |
| Jun 30, 2026 | 14.22 |
| Mar 31, 2026 | 14.81 |
| Dec 31, 2025 | 14.34 |
| Sep 30, 2025 | 11.87 |
| Jun 30, 2025 | 11.55 |
| Mar 31, 2025 | 12.89 |
| Dec 31, 2024 | 11.85 |
| Sep 30, 2024 | 14.74 |
| Jun 30, 2024 | 14.51 |
| Mar 31, 2024 | 14.39 |
| Jun 30, 2023 | 18.20 |
| Mar 31, 2023 | 20.80 |
| Jun 30, 2022 | 28.17 |
| Mar 31, 2022 | 28.22 |
| Dec 31, 2021 | 22.96 |
| Sep 30, 2021 | 18.91 |
| Jun 30, 2021 | 16.04 |
| Mar 31, 2021 | 13.74 |
| Dec 31, 2020 | 14.84 |
Astrazeneca EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=AZN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "AZN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=AZN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();