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Public Comps and Valuation Multiples
for B2B SaaS

Benchmark revenue and EBITDA valuation multiples for public comps like SAP, Microsoft, IBM, Cisco and Alphabet.

B2B SaaS

See analyst estimates and all valuation multiples for B2B SaaS
Company EV EV/LTM Revenue EV/LTM EBITDA
$3.63T 12.1x 20.6x
$3.37T 8.5x 19.4x
$723B 11.7x 21.4x
$393B 93.1x 193.6x
$354B 2.5x 14.9x
$323B 4.8x 17.8x
$317B 5.5x 13.9x
$278B 6.6x 21.5x
$218B 5.4x 13.1x
$183B 9.4x 22.3x
$180B 32.2x 42.6x
$170B 13.1x 37.1x
$159B 10.5x 20.6x
$137B 5.8x 11.8x
$136B 14.2x 44.9x
$125B 27.0x 102.9x
$121B 4.1x 15.4x
$103B 1.0x 8.7x
$89.0B 11.7x 23.3x
$85.3B 19.3x 150.3x
$83.8B 11.7x 30.4x
$83.5B 6.6x 16.5x
$82.3B 15.8x 33.6x
$73.4B 157.1x 1984.3x
$68.3B 32.7x 148.0x
$62.7B 9.1x 23.4x
$57.5B 8.6x 23.5x
$57.0B 7.3x 18.4x
$55.8B 6.0x 18.9x
$54.2B 11.3x 18.2x
$51.6B 4.5x 16.0x
$25.2B 5.7x 10.8x
$25.2B 11.0x 74.6x
$24.3B 14.8x 19.7x
$24.3B 5.3x 10.1x
$24.1B 18.6x 70.9x
$24.0B 31.2x 65.0x
$23.5B 1.1x 11.2x
$23.5B 1.0x 5.8x
$21.9B 8.0x 16.3x
$21.3B 1.9x 9.3x
$20.7B 3.1x 9.7x
$19.9B 4.1x 12.8x
$19.8B 8.5x 30.3x
$18.5B 6.5x 16.1x
$18.1B 5.9x 26.5x
$13.1B 4.0x 16.5x
$10.7B 8.3x 40.1x
$10.4B 4.8x 18.9x
$9.8B 1.5x 15.8x
$9.7B 3.9x 8.4x
$9.2B 3.8x 13.1x
$8.7B 1.9x 7.6x
$8.6B 4.2x 9.9x
$8.4B 1.1x 5.5x
$8.4B 41.1x 289.2x
$8.0B 4.6x 16.1x
$6.2B 12.1x 62.9x
$6.0B 0.3x 20.2x
$5.9B 3.8x 17.2x
$5.5B n/a n/a
$5.4B 6.1x 14.8x
$5.2B 2.9x 10.0x
$5.2B 3.9x 12.9x
$5.1B 1.2x 6.1x
$5.1B 4.5x 18.1x
$5.0B n/a n/a
$4.9B 5.7x 60.7x
$4.8B 1.8x 4.3x
$4.7B 1.8x 8.9x
$4.7B 4.0x 13.5x
$4.6B 4.8x 73.1x
$4.6B 7.9x 42.9x
$4.5B 2.9x 16.7x
$4.4B 77.8x 96.8x
$4.2B 1.5x 8.0x
$3.7B 8.6x 148.2x
$3.5B 0.6x 6.8x
$3.4B 1.3x 12.9x
$3.3B 4.8x 17.9x
$3.3B 3.4x 28.0x
$3.1B 5.8x 23.6x
$3.1B 3.2x 8.0x
$3.0B 5.2x 25.2x
$3.0B 4.3x 24.0x
$3.0B 1.0x 8.2x
$2.8B 3.3x 15.4x
$2.7B n/a n/a
$2.7B 1.1x 4.7x
$2.3B 1.9x 5.0x
$2.0B 2.6x 12.7x
$1.9B 3.1x 75.3x
$1.9B 6.3x 18.3x
$1.8B 1.7x 12.2x
$1.7B 4.6x 8.1x
$1.5B 4.0x 27.1x
$1.4B 1.1x 2.8x
$1.4B 4.4x 50.1x
$955M 26.6x -28.3x

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