HIMSNEUTRAL

HIMS EV/EBITDA Analysis

-843.7x

Updated 131h ago·SEC filings & market data

Key Takeaway

At 92.2x, EV/EBITDA — a measure of a company's total value relative to its operating earnings — shows investors are paying $92.20 for every $1 of EBITDA.

Sector Performance

0th percentile

HIMS

-843.7x

Sector Median

13.6x

Sector Avg

-62.3x

Prior Period

92.2x(Aug 2026)

↑ Improving

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Deep Analysis

At 92.2x, EV/EBITDA — a measure of a company's total value relative to its operating earnings — shows investors are paying $92.20 for every $1 of EBITDA.

This far exceeds the sector median of 13.6x, placing HIMS in the 97th percentile among peers, meaning it is pricier than nearly all comparable companies. The metric has been decreasing over the last eight quarters, with a year-over-year drop of -12.1%, though it rose +13.0% quarter-over-quarter to 92.2x from 81.6x. The combination of an extremely high level with a longer-term downward trend suggests valuation risk remains elevated, but the recent quarterly increase indicates pressure is not consistently easing. For an investor, this level demands strong future growth to justify the premium, yet the YoY decline offers a mild sign of normalization. This metric supports the overall NEUTRAL verdict: the high valuation argues against a bullish stance, while the decreasing trend prevents a fully bearish one.

Frequently Asked Questions

What does the EV/EBITDA tell investors about HIMS?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are HIMS's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: SG (-17.2x), FLNC (-22.5x), EVGO (-22.6x), LSPD (-26.9x), BRZE (-29.6x).

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Learn More About EV/EBITDA

EV/EBITDA Explained: The Valuation Metric Pro Investors Actually Use

Learn what EV/EBITDA is, why it beats P/E for capital-heavy companies, typical sector ranges, and key limitations every serious investor should know.

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.