First Business Financial Services, Inc. (FBIZ) EV to EBITDA (2011 - 2026)
First Business Financial Services' EV to EBITDA came in at 2.04 for Q2 2026, up 14.9% from 1.78 a year earlier and up 14.9% from the prior quarter.
Powered by 
Analysis
First Business Financial Services, Inc. (FBIZ) EV to EBITDA (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, First Business Financial Services reported EV to EBITDA of 0.81; for FY2025, it came in at 2.36, up 70.9% from FY2024.
- Going back by year, EV to EBITDA was 1.38 in FY2024 (-5.2%), 1.46 in FY2023 (-43.1%), 2.56 in FY2022 (-16.4%) and 3.06 in FY2021 (+18.1%).
- The five-year range for quarterly EV to EBITDA is 0.73 (Q1 2023) to 3.06 (Q4 2021).
- Year-over-year, EV to EBITDA has increased for five consecutive quarters, with growth averaging 26.8% over the last eight quarters.
- The fastest year-over-year change in EV to EBITDA over five years came in Q1 2024 (growth of 130.3%), and the weakest in Q1 2023 (a decline of 76.1%).
- Business Quant data shows FBIZ's EV to EBITDA at 1.78 (Q1 2026), 2.36 (Q4 2025) and 2.21 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.04 |
| Mar 31, 2026 | 1.78 |
| Dec 31, 2025 | 2.36 |
| Sep 30, 2025 | 2.21 |
| Jun 30, 2025 | 1.78 |
| Mar 31, 2025 | 1.32 |
| Dec 31, 2024 | 1.38 |
| Sep 30, 2024 | 1.55 |
| Jun 30, 2024 | 1.48 |
| Mar 31, 2024 | 1.68 |
| Dec 31, 2023 | 1.46 |
| Sep 30, 2023 | 0.98 |
| Jun 30, 2023 | 1.26 |
| Mar 31, 2023 | 0.73 |
| Dec 31, 2022 | 2.56 |
| Sep 30, 2022 | 2.31 |
| Jun 30, 2022 | 2.62 |
| Mar 31, 2022 | 3.05 |
| Dec 31, 2021 | 3.06 |
| Sep 30, 2021 | 2.27 |
API Access
First Business Financial Services, Inc. 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=FBIZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "FBIZ", "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=FBIZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();