GLNG (Golar LNG) EV-to-EBITDA: 21.97 (As of Aug. 07, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GLNG Golar LNG Ltd GLNG
73 GF Score
Price $51.03
GF Value $53.43
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is Golar LNG EV-to-EBITDA?

Golar LNG GLNG +1.61% 73 EV-to-EBITDA is 21.97 as of Aug. 07, 2026, which is 3% above its 10-year median of 21.36. GuruFocus rates GLNG with a GF Score™ of 73/100 and a GF Value™ of $53.43 (Fairly Valued). The stock has 10 warning signs investors should review. Among 764 Oil & Gas companies, Golar LNG ranks worse than 88.22% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Golar LNG's enterprise value is $7,012.0 Mil. Golar LNG's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $319.2 Mil. Therefore, Golar LNG's EV-to-EBITDA for today is 21.97.

The historical rank and industry rank for Golar LNG's EV-to-EBITDA or its related term are showing as below:

GLNG' s EV-to-EBITDA Range Over the Past 10 Years
Min: -556.45   Med: 21.36   Max: 322.28
Current: 21.97

During the past 13 years, the highest EV-to-EBITDA of Golar LNG was 322.28. The lowest was -556.45. And the median was 21.36.

GLNG's EV-to-EBITDA is ranked worse than
88.22% of 764 companies
in the Oil & Gas industry
Industry Median: 7.47 vs GLNG: 21.97

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-07), Golar LNG's stock price is $51.03. Golar LNG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.302. Therefore, Golar LNG's PE Ratio (TTM) for today is 39.19.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Golar LNG  (NAS:GLNG) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Golar LNG's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=51.03/1.302
=39.19

Golar LNG's share price for today is $51.03.
Golar LNG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.302.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Golar LNG EV-to-EBITDA Related Terms


Golar LNG EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Golar LNG's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Golar LNG EV-to-EBITDA Chart

Golar LNG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.35 2.75 67.59 40.00 28.72

Golar LNG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.16 91.38 35.61 28.72 22.95

GLNG vs HESM, PAGP, INSW: EV-to-EBITDA Comparison

For the Oil & Gas Midstream subindustry, Golar LNG's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Golar LNG EV-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Golar LNG's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Golar LNG's EV-to-EBITDA falls into.


GLNG
73GF Score
Golar LNG Ltd GLNG
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golar LNG EV-to-EBITDA Calculation

Golar LNG's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=7011.982/319.213
=21.97

Golar LNG's current Enterprise Value is $7,012.0 Mil.
Golar LNG's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $319.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 21.97 mean?
Golar LNG (GLNG) has a EV-to-EBITDA of 21.97 as of Aug. 07, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Golar LNG. This is near median its historical median of 21.36. According to the industry distribution chart, Golar LNG ranks #674 out of 764 companies in the Oil & Gas industry, placing it in the top 88.2%.
Is Golar LNG's EV-to-EBITDA too high?
Golar LNG's current EV-to-EBITDA of 21.97 is near median its 10-year median of 21.36. The Oil & Gas industry median EV-to-EBITDA is 7.47. Golar LNG's value of 21.97 is 194.1% above this industry median. Based on the distribution chart, Golar LNG ranks #674 out of 764 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Golar LNG has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Golar LNG's EV-to-EBITDA compare to HESM and PAGP?
According to the Oil & Gas industry distribution chart, Golar LNG ranks #674 out of 764 companies for EV-to-EBITDA. This places Golar LNG in the lower half of its industry. The industry median EV-to-EBITDA is 7.47. Golar LNG's value of 21.97 is 194.1% above this benchmark. While the company's 10-year median is 21.36 vs. the industry median of 7.47, Golar LNG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.47, based on 764 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Golar LNG's current EV-to-EBITDA of 21.97 is 194.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Golar LNG. For the Oil & Gas industry, the median EV-to-EBITDA is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golar LNG's current EV-to-EBITDA is 21.97, which is near median its own 10-year median of 21.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golar LNG stock overvalued right now?
Based on GuruFocus' analysis, Golar LNG (GLNG) is currently considered Fairly Valued. The stock's GF Value™ is $53.43, compared to a current price of $51.03 — trading 4.5% below its estimated fair value. The current EV-to-EBITDA is 21.97, which is near median its 10-year median of 21.36 and 194.1% above the Oil & Gas industry median of 7.47. Golar LNG's overall GF Score™ is 73/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Golar LNG (GLNG), the current EV-to-EBITDA is 21.97 as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Golar LNG (GLNG) Overvalued in 2026?

Based on GuruFocus' analysis, Golar LNG stock appears to be undervalued. The current stock price of $51.03 is trading 4.5% below its estimated GF Value™ of $53.43. GuruFocus considers Golar LNG to be Fairly Valued.

Key valuation signals for GLNG:

  • EV-to-EBITDA: 21.97 (near median its 10-year median of 21.36)
  • GF Value™: $53.43 vs. price of $51.03 (4.5% below fair value)
  • GF Score™: 73/100 with 10 warning signs
  • Industry Position: 194.1% above the Oil & Gas median (#674 of 764)

No single metric tells the full story. See the GLNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golar LNG Business Description

Industry EnergyOil & Gas
Address 9 Par-la-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11
Golar LNG Ltd designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas and provides floating liquefied natural gas (FLNG) services. It offers solutions for gas resource holders to develop and utilize gas reserves, including stranded, associated, flared, or underutilized resources. The company's reportable segments are: i) FLNG: includes the operations of FLNG vessels and projects, and ii) Corporate and other: includes legacy shipping segment activities, vessel management, floating storage and regasification unit services for third parties. The majority of the company's revenue is derived from the FLNG segment. Geographically, it generates the maximum revenue from Cameroon.
73GF Score

Get the complete analysis for GLNG

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$51.03
Price
$53.43
GF Value