MediaAlpha (MAX) EV to EBITDA (2020 - 2026)
MediaAlpha's EV to EBITDA came in at 7.03 for Q2 2026, down 77.6% from 31.31 a year earlier and down 27.3% from the prior quarter.
MediaAlpha (MAX) EV to EBITDA (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, MediaAlpha reported EV to EBITDA of 5.74, down 76.2% year-over-year; for FY2025, it came in at 25.53, up 89.7% from FY2024.
- Going back by year, EV to EBITDA was 13.46 in FY2024 and 151.04 in FY2021 (+57.7%).
- The Q2 2026 figure represents the lowest quarterly EV to EBITDA in data going back to Q4 2020.
- Year-over-year, EV to EBITDA increased in 1 of the last five quarters, with an average decline of 24.1%.
- Business Quant data shows MAX's EV to EBITDA at 9.66 (Q1 2026), 25.58 (Q4 2025) and 25.59 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,033.52 Bn | 3,791.05 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,806.47 Bn | 1,508.99 Bn | 49.47 Bn |
| 3 | Netflix | 273.88 Bn | 234.07 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 241.12 Bn | 54.89 Bn | 15.11 Bn |
| 5 | Shopify | 229.64 Bn | 206.82 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.60 Bn | 111.40 Bn | 6.38 Bn |
| 7 | Booking Holdings | 121.77 Bn | 54.82 Bn | - |
| 8 | PDD Holdings | 109.38 Bn | -134.40 Bn | 9.45 Bn |
| 9 | Spotify Technology | 107.79 Bn | 65.30 Bn | 1.86 Bn |
| 10 | MediaAlpha | 628.85 Mn | 493.34 Mn | 45.17 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.97 |
| Mar 31, 2026 | 9.51 |
| Dec 31, 2025 | 24.82 |
| Sep 30, 2025 | 24.70 |
| Jun 30, 2025 | 30.07 |
| Mar 31, 2025 | 10.69 |
| Dec 31, 2024 | 13.25 |
| Sep 30, 2024 | 34.56 |
| Jun 30, 2024 | 346.91 |
| Dec 31, 2021 | 126.49 |
| Jun 30, 2021 | 394.97 |
| Mar 31, 2021 | 128.12 |
| Dec 31, 2020 | 90.93 |
MediaAlpha 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=MAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "MAX", "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=MAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();