Ultralife (ULBI) EV to EBITDA (2011 - 2025)
Ultralife's EV to EBITDA came in at 9.04 for Q3 2025, up 1.2% from 8.93 a year earlier but down 17.9% from the prior quarter.
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Analysis
Ultralife (ULBI) EV to EBITDA (2011 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Ultralife reported EV to EBITDA of 6.75, down 6.9% year-over-year; for FY2024, it was 8.30, up 17.0% from FY2023.
- Going back by year, EV to EBITDA was 7.10 in FY2023 (-26.5%), 9.66 in FY2022 (-54.3%), 21.13 in FY2021 (+110.3%) and 10.05 in FY2020 (-2.7%).
- The five-year range for quarterly EV to EBITDA is 5.85 (Q1 2025) to 31.19 (Q1 2022).
- Year-over-year, EV to EBITDA increased in four of the last eight quarters, with an average decline of 14.2%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q4 2021 (growth of 131.6%), and the weakest in Q2 2023 (a decline of 65.0%).
- Business Quant data shows ULBI's EV to EBITDA at 11.02 (Q2 2025), 5.85 (Q1 2025) and 8.30 (Q4 2024) in the three quarters before Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Ultralife | 107.64 Mn | 73.58 Mn | 13.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 9.04 |
| Jun 30, 2025 | 11.02 |
| Mar 31, 2025 | 5.85 |
| Dec 31, 2024 | 8.30 |
| Sep 30, 2024 | 8.93 |
| Jun 30, 2024 | 9.60 |
| Mar 31, 2024 | 7.75 |
| Dec 31, 2023 | 7.57 |
| Sep 30, 2023 | 14.96 |
| Jun 30, 2023 | 9.40 |
| Mar 31, 2023 | 12.54 |
| Dec 31, 2022 | 12.36 |
| Sep 30, 2022 | 24.04 |
| Jun 30, 2022 | 26.88 |
| Mar 31, 2022 | 31.19 |
| Dec 31, 2021 | 24.87 |
| Sep 30, 2021 | 16.90 |
| Jun 30, 2021 | 16.47 |
| Mar 31, 2021 | 14.40 |
| Dec 31, 2020 | 10.74 |
API Access
Ultralife 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=ULBI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "ULBI", "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=ULBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();