Keel Infrastructure KEEL
NASDAQ KEEL
$3.47 +0.12 (+3.58%)
At close: Sep 4, 2026 · 4:00 PM EDT

Keel Infrastructure (KEEL) EV to EBITDA (2020 - 2026)

Keel Infrastructure's (KEEL) quarterly EV to EBITDA came in at 25.11 in Q2 2026, down 191.92% year-over-year from 27.32 in Q2 2025, and down 204.44% quarter-over-quarter from 8.25 in Q1 2026.

Analysis

Keel Infrastructure (KEEL) EV to EBITDA (2020 - 2026) Analysis & Trends

Keel Infrastructure (KEEL) has reported EV to EBITDA for 7 consecutive years, with 25.11 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to EBITDA fell 191.92% year-over-year to 25.11 in Q2 2026; TTM through Jun 2026 was 11.39, a 226.78% decrease from a year earlier, with the FY2025 full-year figure at 5.57, down 147.6% from the prior year.
  • EV to EBITDA was 25.11 for Q2 2026 at Keel Infrastructure, down from 8.25 in the prior quarter.
  • Over five years, EV to EBITDA peaked at 211.32 in Q3 2024 and troughed at 25.11 in Q2 2026.
  • A 5-year average of 33.93 and a median of 27.32 in 2025 frame the typical range for EV to EBITDA.
  • Across the five-year window, EV to EBITDA jumped 893.54% in 2024 and tumbled 191.92% in 2026, its largest moves.
  • Over 5 years, EV to EBITDA stood at 27.67 in 2022, then surged by 48.86% to 41.19 in 2023, then rose by 8.57% to 44.72 in 2024, then tumbled by 120.47% to 9.16 in 2025, then tumbled by 174.26% to 25.11 in 2026.
  • The last three EV to EBITDA figures came in at 25.11 (Q2 2026), 8.25 (Q1 2026), and 9.16 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bitmine Immersion Technologies 56.87 Bn 56.53 Bn 40.81 Mn
2 Iren 34.00 Bn 26.43 Bn 103.89 Mn
3 Hut 8 11.52 Bn 5.04 Bn 48.04 Mn
4 Riot Platforms 8.24 Bn 7.69 Bn 84.97 Mn
5 Argo Blockchain 6.43 Bn 6.43 Bn -
6 MARA Holdings 4.32 Bn 3.96 Bn -
7 Cleanspark 3.26 Bn 3.05 Bn -
8 Bitdeer Technologies 2.92 Bn 2.46 Bn -8.53 Mn
9 Keel Infrastructure 2.14 Bn 2.13 Bn -86.75 Mn
10 HIVE Digital Technologies 853.00 Mn 613.97 Mn -29.49 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -25.11
Mar 31, 2026 -8.25
Dec 31, 2025 -9.16
Sep 30, 2025 75.61
Jun 30, 2025 27.32
Dec 31, 2024 44.72
Sep 30, 2024 211.32
Jun 30, 2024 45.76
Mar 31, 2024 22.05
Dec 31, 2023 41.19
Sep 30, 2023 21.27
Jun 30, 2023 29.68
Mar 31, 2023 29.52
Dec 31, 2022 27.67
Sep 30, 2022 12.56
Jun 30, 2022 6.63
Mar 31, 2022 23.97
Dec 31, 2021 16.65
Sep 30, 2021 11.25
Jun 30, 2021 13.21