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As of the most recent data point on 2025-11-30 (Q2’26), Oracle’s EV/EBITDA stands at 23.864. This follows a significant spike in the previous quarter (Q1’26), where the ratio reached 41.8, marking a notable short-term peak. Over the period from Q3’23 to Q2’26, the EV/EBITDA ratio for Oracle has shown considerable volatility. After fluctuating between 17.017 and 25.316 from Q3’23 to Q2’25, the metric surged sharply to 28.672 in Q4’25 and peaked at 41.8 in Q1’26, before correcting back to 23.864. This pattern suggests a period of heightened valuation relative to EBITDA, likely reflecting changing market expectations or company-specific developments, before partially normalizing in the latest quarter.