Public Comps and Valuation Multiples for B2B SaaS

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

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B2B SaaS

CompanyMarket CapEnterprise ValueLTM RevenueEV/LTM RevenueEV/LTM EBITDA
$4.3T$4.3T$448B9.5x21.2x
$2.9T$2.9T$332B8.7x14.4x
$470B$485B$63B7.7x19.8x
$379B$508B$70B7.3x13.0x
$312B$304B$6.2B48.9x86.0x
$276B$296B$139B2.1x19.0x
$273B$331B$70B4.7x17.1x
$271B$266B$155B1.7x14.8x
$269B$268B$11B23.7x77.9x
$191B$188B$5.3B35.3x124.4x
$183B$180B$45B4.0x12.6x
$162B$156B$13B11.9x66.6x
$149B$150B$6.9B21.5x25.7x
$140B$170B$44B3.9x9.5x
$130B$142B$15B9.3x17.6x
$118B$115B$7.3B15.7x42.4x
$115B$112B$15B7.5x20.4x
$104B$106B$5.8B18.3x38.6x
$96B$95B$2.5B37.8x163.6x
$93B$93B$5.3B17.5x110.2x
$93B$89B$3.9B22.7x92.2x
$92B$93B$25B3.7x7.6x
$87B$92B$8B11.5x22.2x
$83B$91B$8.9B10.3x26.6x
$83B$80B$29B2.7x10.1x
$79B$21B
$57B$13B
$53B$2B
$45B$9.2B
$45B$7.7B
$45B$4.5B
$43B$13B
$40B$19B
$40B$16B
$39B$6.6B
$36B$8.2B
$36B$10B
$35B$14B
$35B$17B
$33B$488M
$33B$5.5B
$32B$7B
$32B$3.4B
$31B$30B
$30B$21B
$30B$2.4B
$29B$36B
$27B$7.3B
$27B$2.7B
$27B$5B
$26B-
$26B$4.2B
$25B$4.6B
$25B$1.7B
$24B$7.8B
$24B$6.5B
$24B$3B
$24B$1B
$24B$3.3B
$24B$4.9B
$23B$3.3B
$22B$5.5B
$22B$12B
$21B$4.8B
$18B$23B
$18B$4.4B
$17B$7.4B
$17B$6.8B
$17B$1.5B
$16B$6.5B
$16B$5.1B
$16B$955M
$15B$7.2B
$15B$3.7B
$15B$2.8B
$15B$4.4B
$14B$2.7B
$14B$183M
$14B$12B
$14B$2.8B
$14B$2.8B
$13B$2B
$13B$2.3B
$13B$2.1B
$13B$2.5B
$13B$1B
$13B$8.2B
$12B$1.3B
$12B$5.1B
$12B$9M
$12B$3.5B
$12B$1.5B
$11B$870M
$11B$586M
$11B$3.4B
$11B-
$11B$9.6B
$11B$13B
$10B$13B
$10B$1.4B
$10B$3.6B
$9.9B$35B
$9.6B$220M
$9.6B$1.6B
$9.4B$7.2B
$9.4B$1.1B
$9.4B$2.4B
$9.3B$3B
$9.2B-
$9B$573M
$8.9B$1.8B
$8.5B$1.8B
$8.3B$4.5B
$8.2B$462M
$7.9B$1.2B
$7.8B$1.4B
$7.7B$2.3B
$7.7B$1B
$7.6B-
$7.4B$1.5B
$7.3B$848M
$7.2B$495M
$7.1B$347M
$7B$370M
$7B$1.7B
$6.9B$456M
$6.9B$1.8B
$6.9B$2.5B
$6.9B$850M
$6.8B$2.1B
$6.8B$766M
$6.7B$3.5B
$6.7B$55B
$6.7B$1.8B
$6.6B$796M
$6.6B$1.4B
$6.6B$2.5B
$6.5B$1.8B
$6.5B$1.8B
$6.4B$1B
$6.4B$1.1B
$6.3B$1.3B
$6.3B$573M
$6.3B$14B
$6.2B$766M
$6.2B$1.2B
$6.1B$1.7B
$6.1B$3.1B
$5.9B$762M
$5.9B$6.5B
$5.8B$872M
$5.7B$1.8B
$5.7B$5.1B
$5.7B$1B
$5.6B$4.7B
$5.5B$2.8B
$5.5B$2.7B
$5.5B$1.6B
$5.4B$731M
$5.4B$2B
$5.3B$1B
$5.3B$930M
$5.3B$1.9B
$5.3B$699M
$5.2B$1.4B
$5.2B$683M
$5B$1.8B
$4.9B$3B
$4.8B$7.1B
$4.8B-
$4.7B$1.4B
$4.7B$5.8B
$4.6B$1.6B
$4.6B-
$4.5B-
$4.5B$1.6B
$4.5B$221M
$4.5B-
$4.4B$1.2B
$4.4B$628M
$4.3B$1B
$4.3B$1.7B
$4.2B$4.9B
$4.2B$133M
$4.2B$767M
$4.1B$22B
$4.1B$652M
$4.1B$1.2B
$4B$1.2B
$4B$525M
$4B$847M
$3.9B$222M
$3.9B$3.9B
$3.9B$1.8B
$3.9B$2.5B
$3.9B$2.2B
$3.8B$1.3B
$3.7B$1.4B
$3.7B$1.9B
$3.7B-
$3.7B$1.1B
$3.6B$57M
$3.5B$2.6B
$3.5B$1.1B
$3.5B$2.3B
$3.4B$1.1B
$3.4B$225M
$3.4B$1.3B
$3.4B$4.4B
$3.3B-
$3.3B$840M
$3.2B$611M
$3.2B-
$3.2B$483M
$3.2B$1.7B
$3.1B$1.6B
$3.1B$675M
$3.1B$333M
$3.1B$872M
$3.1B$429M
$3B$1.3B
$3B$594M
$3B$423M
$3B$1.1B
$3B$810M
$3B$904M
$3B$3.9B
$2.9B$711M
$2.8B$2.9B
$2.8B$203M
$2.8B$826M
$2.7B$2.8B
$2.7B$1.5B
$2.7B$469M
$2.7B$3B
$2.6B$309M
$2.6B$694M
$2.6B$287M
$2.6B$672M
$2.6B$1.9B
$2.5B$1.1B
$2.5B$700M
$2.5B$82M
$2.5B$1.3B
$2.5B-
$2.4B-
$2.4B$62B
$2.4B$3.9B
$2.4B$982M
$2.4B$5.4B
$2.4B$462M
$2.4B$368M
$2.4B$827M
$2.3B$1.4B
$2.3B$885M
$2.3B$699M
$2.3B$776M
$2.3B$2.1B
$2.3B$335M
$2.3B-
$2.3B$834M
$2.3B$300M
$2.2B$319M
$2.2B$1.8B
$2.2B$308M
$2.2B$37M
$2.2B$242M
$2.2B$578M
$2.2B$1.6B
$2.2B$2.1B
$2.2B$2.3B
$2.2B-
$2.2B$438M
$2.1B$1.2B
$2.1B$4M
$2.1B$791M
$2.1B$807M
$2B$165M
$2B$11M
$2B$910M
$2B$112M
$2B$1.2B
$1.9B$780M
$1.9B$617M
$1.9B$606M
$1.9B$490M
$1.9B$300M
$1.9B$209M
$1.9B-
$1.9B$1.7B
$1.8B-
$1.8B$786M
$1.8B$3.6B
$1.8B-
$1.8B$132M
$1.8B$71M
$1.8B$1.1B
$1.8B-
$1.8B$431M
$1.8B-
$1.8B$554M
$1.8B$822M
$1.8B-
$1.8B$356M
$1.8B$736M
$1.8B$1.2B
$1.7B-
$1.7B-
$1.7B$350M
$1.7B$680M
$1.7B$76M
$1.7B$917M
$1.6B$1.2B
$1.6B$693M
$1.6B$242M
$1.6B-
$1.6B$990M
$1.6B-
$1.5B-
$1.5B$325M
$1.5B$2B
$1.5B$549M
$1.5B$701M
$1.5B$189M
$1.5B$364M
$1.5B$430M
$1.5B$136M
$1.5B$463M
$1.5B$2.4B
$1.5B$1.4B
$1.4B$399M
$1.4B$350M
$1.4B$912M
$1.4B$1.2B
$1.4B$245M
$1.4B$240M
$1.4B$1.9B
$1.4B$361M
$1.4B$1.2B
$1.4B$365M
$1.3B$862M
$1.3B$339M
$1.3B$791M
$1.3B$169M
$1.3B$1.4B
$1.3B$141M
$1.3B$1.6B
$1.3B$235M
$1.3B$316M
$1.3B$395M
$1.3B$26M
$1.3B-
$1.3B$294M
$1.3B$552M
$1.2B$374M
$1.2B$414M
$1.2B$372M
$1.2B$245M
$1.2B$955M
$1.2B$588M
$1.2B-
$1.2B$836M
$1.2B-
$1.2B$342M
$1.2B$1.2B
$1.2B$2.1B
$1.2B$4B
$1.1B$2.6B
$1.1B$772M
$1.1B$2.4B
$1.1B$812M
$1.1B$730M
$1.1B$1.2B
$1.1B-
$1.1B-
$1.1B$256M
$1.1B-
$1B$508M
$1B-
$1B$891M
$1B$198M
$1B$1.3B
$999M$214M
$995M$323M
$983M$134M
$981M$204M
$976M$283M
$972M$155M
$969M$98M
$950M$420M
$937M$261M
$932M$395M
$932M$600M
$930M-
$930M$597M
$900M-
$895M-
$880M-
$877M$131M
$874M$171M
$866M-
$855M-
$854M-
$853M$261M
$851M$44M
$844M$268M
$839M$316M
$836M$397M
$836M$493M
$834M$37M
$833M$535M
$833M-
$828M$2.3B
$828M$127M
$827M$148M
$826M$952K
$825M$330M
$825M$295M
$813M$377M
$812M$149M
$797M$849M
$788M$442M
$788M$535M
$787M$91M
$780M-
$780M$163M
$778M$249M
$772M$127M
$771M$323M
$771M$176M
$766M-
$763M$711M
$762M$2B
$759M$135M
$758M-
$754M-
$750M$1.2B
$749M$118M
$746M$407M
$746M-
$737M$137M
$735M$583M
$720M$255M
$720M$344M
$717M$178M
$714M$644M
$712M$263M
$709M$484M
$708M$7M
$703M-
$702M$256M
$701M$242M
$698M$364M
$696M$2.8B
$695M$354M
$694M$196M
$682M$496M
$681M$286M
$681M$53M
$674M$190M
$671M-
$671M$389M
$670M$127M
$670M$237M
$666M$421M
$665M$1.1B
$663M$201M
$661M-
$660M$2.4B
$659M$487M
$653M$640M
$643M$253M
$640M-
$633M$342M
$631M$289M
$628M$175M
$625M$298M
$624M-
$623M-
$619M-
$616M$280M
$613M-
$611M$273M
$609M$123M
$608M$90M
$606M$251M
$603M$639M
$589M$1.1B
$588M-
$585M$311M
$579M$259M
$574M-
$572M$285M
$570M-
$566M$959M
$561M$298M
$560M$212M
$560M$245M
$557M$211M
$556M$1.1B
$552M-
$551M$374M
$547M$2M
$543M$201M
$542M$76M
$535M$213M
$533M$588M
$532M$418M
$530M$1.5B
$528M-
$524M-
$523M-
$523M$351M
$522M$445M
$522M$207M
$518M$586M
$515M$382M
$515M$477M
$513M$7.8B
$513M$158M
$510M$174M
$509M$980M
$498M$81M
$497M-
$496M$166M
$492M$62M
$488M$122M
$487M$644M
$483M$131M
$483M$254M
$478M-
$475M-
$470M$66M
$469M-
$468M-
$466M$302M
$461M$1.2B
$461M$254M
$455M-
$455M$67M
$453M$619M
$450M$28M
$449M$2.2B
$448M$192M
$446M-
$445M$63M
$443M-
$443M-
$440M$51M
$440M$42M
$437M-
$436M-
$434M$302M
$431M-
$427M-
$425M$180M
$421M$128M
$417M-
$416M-
$416M-
$415M$174M
$415M$68M
$414M$221M
$409M$109M
$409M$105M
$403M$317M
$402M$841M
$400M$42M
$400M$225M
$394M-
$393M$80M
$391M-
$389M-
$388M-
$385M$472M
$385M$264M
$385M-
$378M$452M
$377M-
$374M$1.2B
$373M-
$369M$82M
$366M$180M
$362M-
$356M$244M
$355M-
$354M$224M
$353M$150M
$351M$195M
$350M$188M
$349M-
$346M$88M
$345M$137M
$341M-
$341M$60M
$341M$293M
$339M$439M
$338M$68M
$335M$86M
$333M$314M
$331M-
$329M-
$329M$71M
$328M$720M
$326M-
$324M-
$324M$101M
$319M$188M
$317M$207M
$317M$521M
$316M$736M
$314M$530K
$313M$60M
$307M$221M
$304M$62M
$303M$140M
$303M$42M
$303M$218M
$302M-
$302M$1.9B
$293M-
$290M$152M
$289M$259M
$285M$76M
$285M$315M
$283M$83M
$279M$90M
$278M$38M
$277M$139M
$274M-
$274M-
$274M$492M
$274M$310M
$271M$155M
$270M-
$268M$219M
$266M$84M
$264M$49M
$264M$78M
$263M$235M
$260M$167M
$258M$24M
$258M$375M
$257M$235M
$256M$121M
$256M$109M
$252M$26M
$252M-
$249M$190M
$248M$18M
$247M$67M
$244M$16M
$244M$79M
$242M$337M
$241M$75M
$241M-
$240M$384M
$240M$46M
$238M$133M
$238M$201M
$235M$151M
$233M$133M
$232M$71M
$226M$134M
$221M$99M
$221M$42M
$220M$140M
$219M$32M
$219M$211M
$219M$176M
$218M$54M
$217M$420M
$216M$147M
$215M-
$215M$91M
$213M-
$212M-
$212M$391M
$211M$135M
$210M$194M
$208M-
$206M$61M
$205M$56M
$203M$86M
$203M-
$201M$439M
$200M-
$199M$24M
$197M$54M
$197M$73M
$194M$280M
$193M$182M
$192M$442M
$190M$61M
$189M$150M
$188M-
$188M$72M
$188M$13M
$188M$91M
$187M-
$184M$124M
$184M$62M
$183M-
$182M$700M
$182M$188M
$182M$103M
$181M$1.3B
$181M$52M
$179M$53M
$178M$124M
$177M$152M
$177M$115M
$177M-
$177M-
$177M-
$176M$2M
$176M$146M
$175M-
$175M$108M
$174M-
$173M-
$173M$138M
$170M$81M
$170M$41M
$169M$30M
$168M$126M
$168M$437M
$165M$106M
$164M$79M
$164M$255M
$163M$46M
$163M$24M
$162M$114M
$157M-
$156M$550K
$155M$106M
$154M$31M
$153M$317M
$153M-
$153M$143M
$151M-
$150M-
$148M-
$147M$44M
$147M$27M
$146M$38M
$146M$107M
$146M-
$145M$87M
$145M$72M
$145M-
$145M$32M
$144M$40M
$141M$52M
$141M$57M
$141M$119M
$140M-
$140M$150M
$138M$87M
$137M-
$137M-
$136M$205M
$135M-
$135M-
$135M$98M
$134M$39M
$134M$7M
$133M-
$132M$59M
$131M$48M
$130M$53M
$130M$111M
$128M-
$128M-
$127M$65M
$127M-
$127M$26M
$126M$25M
$123M$103M
$122M-
$122M$11M
$121M$286M
$121M$294M
$121M$57M
$120M$390M
$120M$216M
$120M$56M
$120M-
$119M-
$119M-
$118M-
$117M-
$117M$21M
$117M$33M
$117M$33M
$115M$30M
$115M$2.1B
$114M-
$113M-
$112M-
$111M$107M
$111M$340M
$111M-
$110M$113M
$108M-
$105M$72M
$105M$209M
$104M$23M
$104M-
$104M-
$102M$115M
$101M$126M
$101M$16M
$101M$248M
$101M-
$101M$65M
$101M-
$100M$101M
$100M-
$100M$27M
$100M$257M
$100M-
$99M$47M
$99M$23M
$99M-
$97M$20M
$96M-
$95M$167M
$94M-
$94M$11M
$93M-
$92M$42M
$92M$78M
$92M-
$91M-
$91M$35M
$90M$33M
$90M$38M
$90M$52M
$90M-
$90M-
$90M-
$88M$51M
$87M-
$86M$100M
$86M$24M
$86M$232M
$85M$3M
$85M-
$85M$12M
$85M-
$85M$21M
$84M-
$84M-
$84M$107M
$82M-
$81M$132M
$81M$22M
$80M-
$80M-
$79M-
$79M$1.3B
$78M$26M
$77M$48M
$76M$45M
$76M$5M
$76M$79M
$76M$52M
$76M$84M
$76M-
$75M$22M
$75M$62M
$74M-
$74M-
$74M$78M
$74M$85M
$73M$20M
$73M$79M
$73M-
$72M-
$71M$33M
$71M-
$70M$132M
$70M-
$70M-
$69M$41M
$69M-
$68M$20M
$68M$84M
$68M-
$67M$103M
$67M-
$67M$165M
$66M$136M
$65M$47M
$65M$40M
$64M-
$63M$461M
$63M$25M
$63M-
$63M$285M
$63M$155M
$63M$31M
$62M$32M
$62M-
$61M-
$61M$44M
$61M-
$61M$97M
$60M-
$60M-
$60M$2M
$60M$12M
$60M$88M
$59M-
$58M$66M
$58M$155M
$58M$98M
$57M$42M
$56M-
$56M$47M
$55M-
$55M$74M
$54M-
$54M-
$54M-
$53M$20M
$52M$1M
$52M$31M
$52M$12M
$52M-
$52M-
$51M$15M
$51M$50M
$51M-
$50M$21M
$50M-
$50M-
$50M$10M
$50M-
$50M$8M
$50M-
$49M-
$49M$2M
$49M$161M
$49M$77M
$49M-
$48M-
$48M$3M
$48M$37M
$48M$45M
$47M$17M
$47M$94M
$47M-
$47M$41M
$47M$144M
$46M$92M
$46M$30M
$46M-
$45M-
$45M-
$45M$12M
$45M$64M
$45M$25M
$44M$108M
$44M-
$44M-
$43M-
$43M-
$42M$32M
$42M$37M
$41M-
$41M$39M
$41M-
$41M$244M
$41M-
$40M-
$40M-
$39M$2M
$39M$31M
$39M$446M
$37M$45M
$36M$53M
$36M-
$36M-
$36M$12M
$36M$11M
$36M-
$35M-
$35M-
$35M$15M
$34M-
$34M-
$34M-
$34M$56M
$34M$19M
$34M$19M
$34M-
$34M-
$33M-
$33M$37M
$33M-
$33M$44M
$33M-
$32M$55M
$31M-
$31M$174M
$31M-
$31M$11M
$31M$89M
$31M-
$31M$19M
$31M$801M
$31M-
$30M-
$29M-
$29M-
$29M$98M
$28M-
$28M-
$28M-
$28M-
$27M-
$27M-
$26M-
$26M-
$26M-
$26M$17M
$26M$12M
$25M$57M
$25M-
$25M$21M
$25M-
$25M-
$25M$30M
$24M$190M
$24M-
$24M-
$23M-
$23M-
$23M$46M
$23M$60M
$23M$10M
$23M-
$23M-
$23M-
$23M$25M
$23M$45M
$23M$14M
$22M-
$22M$64M
$22M-
$22M-
$22M-
$22M$11M
$22M$3M
$22M$220M
$22M-
$21M$266M
$21M-
$21M$634K
$21M$26M
$21M-
$20M-
$20M-
$20M-
$20M$183M
$20M-
$19M$62M
$19M-
$19M$37M
$19M-
$19M-
$19M-
$19M$159M
$19M-
$19M$51M
$18M-
$18M$7M
$18M-
$18M-
$18M-
$18M-
$17M-
$17M$77M
$17M-
$17M-
$17M-
$17M-
$16M-
$16M$15M
$16M-
$16M$5M
$16M-
$16M$32M
$16M$26M
$16M-
$16M$7M
$16M-
$16M-
$15M$43M
$15M-
$15M-
$15M-
$15M-
$15M$206M
$15M-
$15M-
$14M-
$14M-
$14M-
$14M-
$14M$15M
$14M$7M
$14M-
$14M-
$14M-
$14M-
$14M$48M
$14M$13M
$13M$29M
$13M-
$13M$4M
$13M$16M
$13M-
$13M-
$12M-
$12M$143M
$12M-
$12M$29M
$12M-
$12M$16M
$12M$20M
$12M-
$11M-
$11M-
$11M-
$11M-
$11M-
$11M-
$11M-
$11M-
$11M-
$11M-
$11M$28M
$11M-
$11M-
$11M-
$10M-
$10M-
$10M-
$10M-
$10M-
$10M$22M
$10M-
$10M$63M
$9M-
$9M-
$9M-
$9M$5M
$9M-
$9M$29M
$9M-
$9M-
$9M-
$9M-
$9M-
$9M-
$9M-
$8M-
$8M-
$8M-
$8M-
$8M-
$7M-
$7M$11M
$7M$6M
$7M-
$6M-
$6M-
$6M-
$6M-
$6M-
$6M$26M
$6M-
$6M-
$6M-
$6M-
$6M$6M
$6M-
$6M-
$5M-
$5M-
$5M-
$5M-
$5M-
$5M$32M
$5M-
$5M-
$5M$5M
$5M-
$5M-
$4M-
$4M$1M
$4M-
$4M-
$4M-
$4M-
$4M-
$4M-
$4M-
$4M-
$4M-
$3M-
$3M-
$3M-
$3M-
$3M-
$3M-
$3M-
$3M$12M
$3M$88M
$2M-
$2M-
$2M-
$2M-
$2M$34M
$2M-
$2M-
$2M-
$2M-
$2M-
$1M-
$1M-
$1M-
$1M-
$1M-
$1M-
$707K-
$521K-
$519K-
$492K-
$461K-
$370K-
$367K-
$332K-
$292K-
$281K-
$217K-
$201K-
$201K-
$196K$75M
$53K-
$44K-
$42K-
$23K-
$15K-
$5K-
$3K-
$3K-
$1K-
$1K-
$0K-
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