IRTC (iRhythm Holdings) EV-to-EBITDA: 299.15 (As of Jul. 24, 2026)

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.

IRTC iRhythm Holdings Inc IRTC
72 GF Score
Price $109.04
GF Value $164.68
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is iRhythm Holdings EV-to-EBITDA?

iRhythm Holdings IRTC +1.46% 72 EV-to-EBITDA is 299.15 as of Jul. 24, 2026. GuruFocus rates IRTC with a GF Score™ of 72/100 and a GF Value™ of $164.68 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 510 Medical Devices & Instruments companies, iRhythm Holdings ranks worse than 98.82% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, iRhythm Holdings's enterprise value is $3,763.0 Mil. iRhythm Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $12.6 Mil. Therefore, iRhythm Holdings's EV-to-EBITDA for today is 299.15.

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

IRTC' s EV-to-EBITDA Range Over the Past 10 Years
Min: -1497.01   Med: -44.94   Max: 341.14
Current: 299.15

During the past 12 years, the highest EV-to-EBITDA of iRhythm Holdings was 341.14. The lowest was -1497.01. And the median was -44.94.

IRTC's EV-to-EBITDA is ranked worse than
98.82% of 510 companies
in the Medical Devices & Instruments industry
Industry Median: 13.845 vs IRTC: 299.15

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 (2026-07-24), iRhythm Holdings's stock price is $109.04. iRhythm Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.860. Therefore, iRhythm Holdings's PE Ratio (TTM) for today is At Loss.

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


iRhythm Holdings  (NAS:IRTC) 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.

iRhythm Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=109.04/-0.860
=At Loss

iRhythm Holdings's share price for today is $109.04.
iRhythm Holdings'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 $-0.860.

* 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?


iRhythm Holdings EV-to-EBITDA Related Terms


iRhythm Holdings EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for iRhythm Holdings'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.

iRhythm Holdings EV-to-EBITDA Chart

iRhythm Holdings 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 -40.25 -29.80 -34.17 -40.90 -1,482.52

iRhythm Holdings 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 -63.84 -100.89 -580.07 -1,482.52 322.53

IRTC vs HAE, LIVN, ITGR: EV-to-EBITDA Comparison

For the Medical Devices subindustry, iRhythm Holdings'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.


iRhythm Holdings EV-to-EBITDA vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, iRhythm Holdings's EV-to-EBITDA distribution charts can be found below:

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


IRTC
72GF Score
iRhythm Holdings Inc IRTC
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

iRhythm Holdings EV-to-EBITDA Calculation

iRhythm Holdings's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3762.990/12.579
=299.15

iRhythm Holdings's current Enterprise Value is $3,763.0 Mil.
iRhythm Holdings'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 $12.6 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 299.15 mean?
iRhythm Holdings (IRTC) has a EV-to-EBITDA of 299.15 as of Jul. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on iRhythm Holdings. According to the industry distribution chart, iRhythm Holdings ranks #504 out of 510 companies in the Medical Devices & Instruments industry, placing it in the top 98.8%.
Is iRhythm Holdings' EV-to-EBITDA too high?
iRhythm Holdings' current EV-to-EBITDA is 299.15. The Medical Devices & Instruments industry median EV-to-EBITDA is 13.85. iRhythm Holdings' value of 299.15 is 2060.7% above this industry median. Based on the distribution chart, iRhythm Holdings ranks #504 out of 510 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, iRhythm Holdings has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does iRhythm Holdings' EV-to-EBITDA compare to HAE and LIVN?
According to the Medical Devices & Instruments industry distribution chart, iRhythm Holdings ranks #504 out of 510 companies for EV-to-EBITDA. This places iRhythm Holdings in the lower half of its industry. The industry median EV-to-EBITDA is 13.85. iRhythm Holdings' value of 299.15 is 2060.7% above this benchmark. 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 a Medical Devices & Instruments company?
The median EV-to-EBITDA among Medical Devices & Instruments companies is 13.85, based on 510 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. iRhythm Holdings's current EV-to-EBITDA of 299.15 is 2060.7% 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 iRhythm Holdings. For the Medical Devices & Instruments industry, the median EV-to-EBITDA is 13.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iRhythm Holdings's current EV-to-EBITDA is 299.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iRhythm Holdings stock overvalued right now?
Based on GuruFocus' analysis, iRhythm Holdings (IRTC) is currently considered Significantly Undervalued. The stock's GF Value™ is $164.68, compared to a current price of $109.04 — trading 33.8% below its estimated fair value. The current EV-to-EBITDA is 299.15 and 2060.7% above the Medical Devices & Instruments industry median of 13.85. iRhythm Holdings' overall GF Score™ is 72/100 with 1 warning sign 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 iRhythm Holdings (IRTC), the current EV-to-EBITDA is 299.15 as of Jul. 24, 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 iRhythm Holdings (IRTC) Overvalued in 2026?

Based on GuruFocus' analysis, iRhythm Holdings stock appears to be undervalued. The current stock price of $109.04 is trading 33.8% below its estimated GF Value™ of $164.68. GuruFocus considers iRhythm Holdings to be Significantly Undervalued.

Key valuation signals for IRTC:

  • EV-to-EBITDA: 299.15
  • GF Value™: $164.68 vs. price of $109.04 (33.8% below fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 2060.7% above the Medical Devices & Instruments median (#504 of 510)

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


iRhythm Holdings Business Description

Other Exchanges 0A7L:UK
Address 699 8th Street, Suite 600, San Francisco, CA, USA, 94103
iRhythm Holdings Inc is a digital healthcare company that creates trusted solutions that detect, predict, and prevent disease. Its principal business is the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services that it believes allow clinicians to diagnose certain arrhythmias quicker and with greater efficiency than other services that rely on traditional technology. Each Zio System combines an FDA-cleared and CE-marked, wire-free, patch-based, 14-day wearable biosensor that continuously records electrocardiogram (ECG) data with a proprietary, FDA-cleared, CE-marked cloud-based data analytic software to help physicians monitor patients and diagnose arrhythmias.
72GF Score

Get the complete analysis for IRTC

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

$109.04
Price
$164.68
GF Value