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Public Comps and Valuation Multiples for B2B SaaS

Benchmark revenue and EBITDA valuation multiples for public comps like
Alphabet, Microsoft, Oracle, Cisco and Palantir.

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B2B SaaS

CompanyMarket CapEnterprise ValueLTM RevenueEV/LTM RevenueEV/LTM EBITDA
$4.5T$4.5T$438B10.3x22.6x
$3.4T$3.4T$326B10.4x17.3x
$714B$833B$67B12.4x22.4x
$478B$493B$62B8.0x20.4x
$385B$377B$6B64.7x115.6x
$303B$323B$132B2.5x21.8x
$301B$359B$69B5.2x18.8x
$301B$296B$153B1.9x17.2x
$244B$240B$11B21.9x70.7x
$211B$209B$45B4.6x14.6x
$206B$207B$7B31.3x37.4x
$199B$195B$5B37.6x135.5x
$172B$202B$43B4.7x11.4x
$161B$156B$13B12.1x68.1x
$140B$137B$15B9.5x25.7x
$127B$139B$16B8.8x17.1x
$114B$116B$6B20.4x43.1x
$111B$111B$25B4.4x9.3x
$108B$105B$7B14.5x39.3x
$99B$95B$4B25.0x102.3x
$97B$97B$5B18.8x120.7x
$97B$95B$21B4.5x10.8x
$96B$95B$2B39.0x169.3x
$94B$103B$9B11.9x29.4x
$87B$84B$29B2.9x10.7x
$81B$87B$8B10.9x21.1x
$68B$101B$8B12.2x20.8x
$67B$67B$2B39.0x118.3x
$58B$68B$13B5.1x12.7x
$53B$68B$487M139.0x1795.9x
$52B$52B$8B6.9x17.3x
$49B$49B$15B3.3x36.7x
$45B$48B$13B3.8x13.5x
$45B$41B$19B2.2x11.9x
$45B$46B$4B10.2x28.8x
$39B$38B$10B3.9x11.7x
$37B$40B$7B6.1x13.3x
$35B$34B$7B4.9x15.0x
$35B$45B$8B5.5x13.9x
$35B$33B$5B6.2x29.7x
$34B$31B$14B2.2x10.8x
$33B$25B$5B5.1x11.8x
$33B$33B$35B0.9x13.6x
$32B$30B$3B11.4x57.6x
$31B$45B$17B2.7x11.6x
$31B$24B$3B7.3x16.1x
$30B$33B$2B14.0x23.8x
$29B$30B$6B4.6x15.4x
$29B$26B$7B3.5x10.2x
$29B$37B$21B1.7x9.9x
$28B$8B
$28B$31B
$27B$2B
$26B-
$25B$981M
$25B$3B
$25B$6B
$24B$3B
$24B$5B
$23B$5B
$23B$12B
$22B$4B
$22B$3B
$22B$4B
$22B$4B
$21B-
$19B$5B
$19B$7B
$18B$1B
$18B$23B
$18B$933M
$18B$1B
$17B$4B
$17B$3B
$17B$5B
$17B$7B
$17B$6B
$16B$7B
$15B$3B
$15B$8M
$15B$3B
$15B$12B
$15B$1B
$14B$3B
$14B$3B
$14B$1B
$14B$2B
$14B$2B
$14B$3B
$14B$415M
$14B$2B
$13B$3B
$13B$2B
$12B$5B
$12B$9B
$11B$7B
$11B$863M
$11B-
$11B$1B
$11B$3B
$11B$1B
$11B$182M
$11B$2B
$11B$574M
$11B$8B
$10B$12B
$10B$35B
$10B$4B
$10B$2B
$10B$2B
$10B$4B
$10B$13B
$10B$1B
$9B$1B
$9B$1B
$9B$2B
$9B$821M
$9B$458M
$9B$218M
$8B$1B
$8B$1B
$8B$357M
$8B$345M
$8B-
$7B$457M
$7B$3B
$7B$1B
$7B$2B
$7B$822M
$7B$2B
$7B$2B
$7B$2B
$7B$2B
$7B$5B
$7B$868M
$7B$756M
$7B$3B
$7B$2B
$7B$54B
$7B$3B
$7B$780M
$7B$2B
$6B$6B
$6B-
$6B$1B
$6B$2B
$6B$2B
$6B$13B
$6B$2B
$6B$5B
$6B$1B
$6B$559M
$6B$2B
$6B$758M
$6B$3B
$6B$980M
$6B$1B
$6B$759M
$6B$3B
$6B$1B
$6B$1B
$6B$561M
$6B$458M
$6B-
$6B$722M
$5B$1B
$5B$615M
$5B$7B
$5B$910M
$5B$3B
$5B$2B
$5B$1B
$5B$5B
$5B$1B
$5B$3B
$5B$215M
$5B$2B
$5B$2B
$4B-
$4B$2B
$4B$1B
$4B$745M
$4B$129M
$4B$60M
$4B$6B
$4B$643M
$4B$1B
$4B$643M
$4B$670M
$4B$649M
$4B$3B
$4B$3B
$4B$2B
$4B$692M
$4B$196M
$4B$22B
$4B$1B
$4B$836M
$4B$514M
$4B$2B
$4B$1B
$4B$36M
$4B$2B
$4B$2B
$4B-
$4B$1B
$4B$296M
$4B$1B
$4B-
$4B$4B
$4B$1B
$4B$1B
$4B$216M
$3B$2B
$3B$2B
$3B$1B
$3B$420M
$3B$584M
$3B$830M
$3B$4B
$3B$2B
$3B$1B
$3B$473M
$3B$792M
$3B-
$3B$328M
$3B$432M
$3B$1B
$3B$3B
$3B-
$3B$867M
$3B$598M
$3B$2B
$3B$1B
$3B$2B
$3B$663M
$3B$108M
$3B-
$3B$890M
$3B$798M
$3B$3B
$3B$4B
$3B$2B
$3B$667M
$3B$434M
$3B$267M
$3B$448M
$3B$62B
$3B$4M
$3B$3B
$3B$2B
$3B$123M
$3B$328M
$3B$2B
$3B-
$3B$2B
$3B$362M
$3B$1B
$3B$134M
$2B$1B
$2B$903M
$2B$459M
$2B$5B
$2B$70M
$2B$782M
$2B-
$2B$4B
$2B$2B
$2B$879M
$2B$1B
$2B$811M
$2B$305M
$2B$1B
$2B$826M
$2B$693M
$2B$76M
$2B$308M
$2B$974M
$2B-
$2B$702M
$2B$4B
$2B$217M
$2B$771M
$2B$442M
$2B$238M
$2B$79M
$2B$694M
$2B$294M
$2B$814M
$2B$2B
$2B-
$2B$768M
$2B$710M
$2B$480M
$2B$827M
$2B$1B
$2B$163M
$2B$570M
$2B$603M
$2B$1B
$2B-
$2B$1B
$2B$428M
$2B-
$2B$611M
$2B$216M
$2B$363M
$2B$728M
$2B$348M
$2B$444M
$2B$550M
$2B$237M
$2B-
$2B$550M
$2B-
$2B$289M
$2B$24M
$2B-
$2B$2B
$2B$666M
$2B$415M
$2B$395M
$2B-
$2B$248M
$2B$325M
$2B$1B
$2B$368M
$2B$778M
$2B$364M
$2B$242M
$2B$187M
$2B$551M
$2B$2B
$2B$340M
$2B$349M
$2B-
$2B$362M
$2B-
$2B$1B
$1B$862M
$1B-
$1B$2B
$1B$986M
$1B$3B
$1B$905M
$1B-
$1B$235M
$1B$139M
$1B$337M
$1B$481M
$1B$1B
$1B$2B
$1B$313M
$1B$290M
$1B-
$1B$900M
$1B-
$1B$1B
$1B$843M
$1B$384M
$1B$1B
$1B$305M
$1B-
$1B$706M
$1B$6M
$1B$453M
$1B-
$1B$247M
$1B$201M
$1B$174M
$1B$367M
$1B$784M
$1B-
$1B$603M
$1B$950M
$1B$1B
$1B$579M
$1B$2B
$1B$262M
$1B$413M
$1B-
$1B$350M
$1B$902M
$1B$4B
$1B-
$1B-
$1B$411M
$1B$2B
$1B-
$1B$126M
$1B$172M
$1B-
$1B$771M
$1B$295M
$989M$212M
$986M$399M
$986M$268M
$982M$90M
$980M$199M
$973M-
$960M$1B
$954M-
$952M$805M
$947M$2B
$935M$594M
$935M$50M
$933M-
$932M$164M
$930M$419M
$922M$130M
$918M-
$907M$161M
$899M-
$897M$129M
$891M$1B
$890M$415M
$877M$263M
$876M$183M
$868M$251M
$866M$33M
$866M-
$860M$2B
$855M$136M
$844M$248M
$843M$138M
$835M$344M
$833M$96M
$828M$388M
$828M$538M
$827M$260M
$824M$493M
$823M-
$818M$345M
$817M-
$815M$151M
$799M$530M
$796M$75M
$794M$316M
$793M$392M
$792M$756M
$790M$60M
$789M$192M
$780M$64M
$773M$199M
$768M$591M
$762M-
$754M$254M
$749M$235M
$748M$314M
$746M-
$745M$3B
$743M-
$738M$201M
$736M$386M
$732M$647M
$727M$286M
$726M$360M
$722M$431M
$722M-
$717M$246M
$717M$644M
$716M$118M
$715M$2B
$711M$358M
$707M-
$705M$79M
$699M$253M
$697M$286M
$697M$2M
$696M$230M
$693M$225M
$689M$284M
$686M$192M
$684M$650M
$680M-
$677M-
$671M$478M
$670M-
$665M$1B
$659M$487M
$659M$492M
$657M$169M
$655M$533K
$653M$353M
$653M$947M
$641M$88M
$637M$127M
$636M$174M
$633M$28M
$627M-
$626M$273M
$623M-
$621M$1B
$620M-
$611M-
$609M-
$607M$167M
$600M-
$599M$413M
$599M$249M
$598M$308M
$591M-
$589M-
$587M-
$585M$851M
$583M$1B
$580M-
$576M$245M
$576M$295M
$574M$200M
$568M$287M
$564M$1B
$562M$200M
$556M$67M
$547M$153M
$544M$842M
$544M-
$541M-
$540M$1B
$539M-
$535M$388M
$534M-
$528M-
$521M$62M
$521M$650M
$520M-
$517M$129M
$516M$255M
$512M$62M
$511M$8B
$506M$193M
$506M$586M
$505M$1B
$505M$173M
$502M$254M
$499M$210M
$498M$292M
$498M$473M
$494M-
$491M$120M
$488M$122M
$487M$254M
$484M$369M
$484M$51M
$482M$1B
$481M-
$481M$630M
$467M$186M
$461M-
$460M$976M
$460M$449M
$452M$154M
$450M-
$450M$125M
$443M$175M
$442M$39M
$436M-
$434M-
$422M$240M
$421M$127M
$421M$108M
$418M$36M
$417M$64M
$417M$719M
$416M$180M
$416M-
$411M$220M
$407M$261M
$406M$78M
$406M$13M
$406M$302M
$405M-
$404M$106M
$402M$148M
$400M$319M
$400M$42M
$400M$223M
$393M$140M
$392M$58M
$392M$177M
$390M-
$390M$2B
$388M-
$381M$294M
$381M$138M
$380M$531M
$380M$51M
$372M-
$370M$102M
$370M$200M
$369M-
$365M$32M
$365M-
$360M-
$358M$81M
$356M$67M
$351M$219M
$350M-
$350M$188M
$349M$86M
$348M$2B
$348M$47M
$346M$491M
$343M$71M
$341M-
$339M$81M
$337M$152M
$334M$470M
$334M-
$329M-
$329M$62M
$327M$251M
$327M$450M
$325M-
$324M$310M
$323M$736M
$323M-
$322M$442M
$320M$275M
$318M$84M
$316M$238M
$313M$61M
$311M$2B
$307M$84M
$306M$16M
$300M$90M
$298M-
$295M$530K
$291M$99M
$291M$50M
$291M$212M
$288M$76M
$285M$165M
$284M$260M
$282M$312M
$279M$23M
$279M$200M
$277M$149M
$276M$76M
$275M-
$274M-
$273M$377M
$272M$229M
$270M$151M
$270M$328M
$269M$44M
$267M$382M
$264M-
$262M$74M
$260M$32M
$259M$71M
$257M$106M
$256M-
$255M$218M
$254M-
$249M$79M
$247M$133M
$247M$135M
$247M$213M
$244M-
$243M$26M
$241M$313M
$241M$202M
$239M$13M
$239M$147M
$239M$250M
$238M$198M
$237M$84M
$237M$182M
$235M$60M
$235M$121M
$232M$62M
$229M$71M
$228M$66M
$228M-
$226M$140M
$225M$178M
$222M$21M
$221M$57M
$220M$1B
$219M$92M
$217M-
$217M-
$216M$50M
$215M$425M
$214M$91M
$214M-
$212M$131M
$212M$286M
$211M-
$211M$203M
$210M-
$210M$151M
$208M$51M
$208M$185M
$207M-
$204M$319M
$204M$123M
$202M$441M
$201M$56M
$197M$192M
$197M$135M
$196M$390M
$193M$113M
$191M$429M
$191M$24M
$189M$124M
$187M$114M
$185M$80M
$184M-
$182M$718M
$181M$39M
$181M$61M
$181M$103M
$180M-
$180M$42M
$180M$31M
$179M-
$179M$100M
$178M$151M
$177M$81M
$176M$24M
$176M$45M
$174M$72M
$174M-
$173M$46M
$172M$146M
$170M-
$169M$426M
$169M$390M
$169M$40M
$168M$52M
$166M-
$164M$60M
$163M-
$163M$87M
$162M$127M
$162M$52M
$160M$108M
$160M-
$158M$114M
$157M$59M
$156M$70M
$156M$115M
$155M$106M
$154M-
$154M$2M
$153M-
$153M-
$151M$105M
$151M$58M
$150M-
$150M$38M
$149M-
$149M-
$149M-
$148M$32M
$146M-
$146M$53M
$145M$89M
$144M-
$143M-
$143M$25M
$143M$26M
$143M-
$142M-
$142M$112M
$142M$167M
$140M-
$139M$24M
$139M$54M
$139M$52M
$138M$218M
$136M$114M
$136M$20M
$135M-
$135M-
$133M$2B
$133M$63M
$133M$143M
$131M-
$131M$8M
$131M-
$131M$294M
$130M$103M
$128M-
$128M$11M
$127M$71M
$125M$359M
$124M$55M
$123M-
$123M$286M
$122M$207M
$121M$285M
$120M-
$120M$51M
$120M-
$119M$30M
$119M$39M
$118M$114M
$117M-
$117M-
$117M-
$117M$48M
$117M$33M
$116M$56M
$116M$32M
$115M-
$115M$151M
$114M$1B
$114M-
$113M$139M
$113M-
$112M-
$109M$33M
$107M$257M
$106M$33M
$106M$42M
$106M$35M
$106M$125M
$105M-
$105M$38M
$104M$234M
$104M-
$104M-
$103M-
$103M$23M
$103M$248M
$103M$20M
$102M-
$102M$106M
$101M$25M
$101M$22M
$101M$104M
$101M$92M
$100M-
$100M-
$100M$101M
$99M-
$97M$23M
$95M$24M
$95M$2M
$94M$78M
$93M$20M
$93M-
$92M-
$91M-
$91M-
$91M$156M
$91M$16M
$91M-
$91M-
$89M$129M
$88M-
$88M$171M
$87M-
$87M-
$86M-
$86M-
$84M$165M
$83M$12M
$83M-
$82M-
$82M-
$82M$62M
$81M$2M
$81M$41M
$80M-
$79M$77M
$78M$84M
$78M$81M
$78M$135M
$78M$53M
$77M-
$77M-
$76M-
$75M$108M
$75M$48M
$75M$11M
$75M$76M
$74M-
$74M$27M
$74M$45M
$73M-
$73M$48M
$72M$64M
$72M$5M
$72M-
$71M-
$70M$510M
$70M$84M
$69M-
$69M-
$69M$47M
$69M-
$68M-
$68M$90M
$68M$39M
$67M$134M
$67M$40M
$67M$3M
$67M-
$66M-
$66M$31M
$66M-
$66M-
$66M$94M
$65M$79M
$65M$155M
$65M$32M
$65M-
$64M$209M
$64M-
$64M$12M
$63M-
$63M-
$63M-
$62M$27M
$62M-
$62M$74M
$62M-
$61M$45M
$60M$12M
$60M$38M
$59M-
$59M-
$59M$51M
$58M$103M
$58M$23M
$58M-
$58M-
$57M-
$56M$20M
$56M$162M
$56M-
$55M-
$55M$42M
$55M$20M
$55M$112M
$54M$12M
$53M$33M
$53M$21M
$53M-
$53M$8M
$52M$24M
$52M$148M
$51M-
$51M$10M
$50M$76M
$50M-
$49M$17M
$49M-
$49M$66M
$49M-
$49M-
$48M-
$48M$32M
$48M-
$48M-
$48M-
$48M-
$47M$31M
$47M$443M
$47M-
$47M-
$46M-
$46M$30M
$46M-
$46M$45M
$45M$92M
$45M$17M
$45M-
$43M$2M
$43M$32M
$42M-
$42M$249M
$42M-
$42M-
$41M-
$41M$11M
$41M-
$41M-
$40M$57M
$40M-
$40M-
$40M$3M
$39M$200M
$38M$39M
$38M-
$38M$43M
$38M-
$37M$9M
$37M-
$36M$19M
$36M-
$36M$101M
$36M-
$36M$54M
$35M-
$35M$53M
$35M-
$35M$90M
$34M$49M
$34M$18M
$34M-
$34M-
$33M$172M
$33M$44M
$33M$37M
$33M$15M
$33M-
$33M-
$33M-
$32M-
$32M-
$32M-
$32M$98M
$32M$3M
$31M$11M
$31M$3M
$31M$12M
$30M-
$30M-
$30M-
$29M$226M
$29M$17M
$29M$209M
$29M-
$29M$266M
$28M$57M
$28M$799M
$28M-
$28M$46M
$28M-
$27M-
$27M-
$27M-
$27M$207M
$26M$12M
$26M$25M
$26M-
$26M$46M
$26M-
$26M-
$26M$10M
$26M$64M
$25M$19M
$25M-
$25M$4M
$25M$533K
$25M-
$25M-
$24M-
$24M$36M
$24M-
$24M-
$24M$38M
$24M-
$23M-
$23M$14M
$23M-
$22M$11M
$22M$21M
$22M$60M
$21M-
$21M-
$21M-
$21M-
$20M-
$20M$30M
$20M-
$20M-
$20M-
$20M-
$20M-
$19M-
$19M-
$19M$16M
$19M$78M
$19M-
$19M$7M
$19M-
$19M$7M
$19M$30M
$18M-
$18M-
$18M-
$18M-
$18M-
$17M$26M
$17M-
$17M-
$17M$16M
$17M$154M
$16M$8M
$16M$31M
$16M-
$16M-
$16M-
$16M$7M
$16M$37M
$16M$15M
$16M$15M
$16M-
$16M-
$16M-
$15M-
$15M-
$15M-
$15M-
$15M$26M
$15M-
$14M-
$14M-
$14M-
$14M-
$14M$5M
$14M$4M
$14M$8M
$14M-
$14M$22M
$13M$16M
$13M-
$13M-
$13M$29M
$13M$43M
$12M-
$12M$29M
$12M-
$12M$13M
$12M-
$12M$140M
$12M-
$12M-
$12M-
$12M-
$12M$29M
$12M$17M
$12M$36M
$11M-
$11M$63M
$11M-
$11M-
$11M-
$11M-
$11M-
$11M-
$11M-
$10M-
$10M-
$10M-
$10M-
$10M-
$10M$22M
$10M-
$10M-
$10M-
$10M-
$9M-
$9M-
$9M-
$9M-
$9M-
$9M-
$9M-
$9M-
$9M-
$9M-
$9M$30M
$9M-
$8M-
$8M-
$8M$6M
$8M$7M
$8M-
$8M-
$7M-
$7M-
$7M-
$7M$11M
$7M-
$7M-
$7M-
$6M-
$6M-
$6M-
$6M-
$6M-
$6M-
$6M-
$6M-
$5M$5M
$5M$89M
$5M-
$5M-
$5M$26M
$5M-
$5M-
$5M-
$5M$1M
$5M-
$5M-
$5M-
$4M-
$4M-
$4M-
$4M-
$4M-
$4M-
$3M-
$3M-
$3M-
$3M-
$3M-
$3M$13M
$2M-
$2M-
$2M-
$2M-
$2M$35M
$2M-
$2M-
$2M-
$2M-
$2M-
$2M-
$1M-
$1M-
$1M-
$778K-
$721K-
$676K-
$604K$75M
$519K-
$492K-
$461K-
$370K-
$332K-
$292K-
$281K-
$217K-
$201K-
$201K-
$122K-
$67K-
$66K-
$42K-
$26K-
$23K-
$15K-
$8K-
$5K-
$3K-
$1K-
$1K-
-$95M
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