Public Comps and Valuation Multiples for B2B SaaS

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

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B2B SaaS

CompanyMarket CapEnterprise ValueLTM RevenueEV/LTM RevenueEV/LTM EBITDA
$4.3T$4.2T$472B8.8x19.2x
$3.7T$3.7T$346B10.6x17.5x
$451B$575B$75B7.7x13.7x
$445B$435B$7.2B60.6x101.4x
$420B$433B$65B6.7x17.3x
$349B$372B$166B2.2x18.7x
$306B$306B$12B25.7x76.7x
$291B$283B$159B1.8x14.2x
$256B$252B$5.6B45.1x153.0x
$242B$242B$45B5.3x16.7x
$218B$275B$70B4.0x14.3x
$192B$222B$45B5.0x11.8x
$190B$185B$14B13.1x71.4x
$142B$145B$15B9.4x24.6x
$128B$124B$7.8B16.0x42.3x
$126B$125B$2.7B46.7x194.9x
$119B$119B$5.7B20.8x120.3x
$119B$135B$15B9.0x17.2x
$110B$110B$7.4B14.9x17.9x
$95B$96B$26B3.7x7.7x
$89B$85B$4.2B20.3x81.2x
$83B$85B$6B14.0x29.4x
$81B$87B$8.1B10.8x20.3x
$80B$77B$30B2.6x9.7x
$78B$86B$9.4B9.1x22.0x
$78B$22B
$66B$494M
$64B$2.6B
$58B$13B
$48B$11B
$48B$6.8B
$46B$7.9B
$45B$10B
$45B$18B
$44B$17B
$44B$5.7B
$42B$3.5B
$42B$13B
$41B$4.6B
$41B$6.6B
$38B$7.4B
$37B$39B
$36B$8.4B
$36B$14B
$34B$2.8B
$34B$3.1B
$34B$3.4B
$33B$31B
$32B$7.3B
$31B$19B
$30B$21B
$27B$1.7B
$27B$5B
$27B$7.8B
$26B-
$26B$4.4B
$26B$5.2B
$26B$5.1B
$26B$3.4B
$24B$1.1B
$24B$4.7B
$23B$1.6B
$22B$3.2B
$20B$2.5B
$19B$4.9B
$19B$2.1B
$19B$2.9B
$19B$6.6B
$19B$7.6B
$18B$24B
$18B$13B
$17B$7.2B
$17B$1.1B
$17B$7.1B
$17B$4.4B
$17B$2.2B
$16B$5.2B
$16B$1B
$15B$2.7B
$14B$12B
$14B$4.3B
$14B$1.5B
$14B$2.8B
$14B$904M
$14B$2.5B
$14B$9.8B
$13B$12M
$13B$8.2B
$13B$2.3B
$13B$3.9B
$12B$3.4B
$12B$5.2B
$12B$2.9B
$12B$7.5B
$12B$1.5B
$12B$199M
$12B$1.2B
$12B$3.7B
$12B$1.1B
$12B$3.6B
$12B$1.4B
$11B$619M
$11B$3.5B
$11B$13B
$10B$2.2B
$9.8B$2.5B
$9.6B$1.6B
$9.6B$1.3B
$9.4B$641M
$9.4B$1.8B
$9.1B$13B
$8.8B$1.8B
$8.6B$807M
$8.3B$1.1B
$8.1B$1.1B
$8.1B$651M
$8.1B$37B
$8B$1.5B
$7.8B$1.4B
$7.7B$17B
$7.7B$1.8B
$7.7B$1.5B
$7.7B$395M
$7.7B$1.9B
$7.7B$4.5B
$7.6B$1.8B
$7.6B$1.7B
$7.5B$2.4B
$7.4B$2.5B
$7.3B$229M
$7.3B$2.6B
$7.3B$1.1B
$7.1B-
$7.1B$3.6B
$6.9B$3.1B
$6.9B$1.7B
$6.9B$481M
$6.8B$1.8B
$6.8B$794M
$6.7B$2.6B
$6.5B$1.3B
$6.5B$897M
$6.5B$1.8B
$6.3B$717M
$6.3B$773M
$6.3B$57B
$6.2B$2.8B
$6.2B$2.8B
$6.2B$406M
$6.1B$4.7B
$6.1B-
$6.1B$1.2B
$6B$584M
$5.9B$1.1B
$5.9B$747M
$5.8B$857M
$5.7B$975M
$5.7B$1.8B
$5.6B$5.2B
$5.5B$850M
$5.5B$1.9B
$5.4B$707M
$5.4B$1.6B
$5.4B$7.2B
$5.2B$1.6B
$5.1B$2B
$5.1B$584M
$5.1B$1.4B
$5B$2.7B
$5B$1.9B
$4.9B$3.2B
$4.9B$1.2B
$4.8B$139M
$4.7B$660M
$4.7B$6.4B
$4.7B$5.2B
$4.5B$581M
$4.5B$1.5B
$4.5B$1.3B
$4.4B$56M
$4.3B$1.8B
$4.2B$658M
$4.2B$709M
$4.1B$6.1B
$4B$1.7B
$4B$1.1B
$4B$1.7B
$4B$1.1B
$3.9B$4B
$3.9B$963M
$3.9B$1.4B
$3.9B$1.1B
$3.9B$1.4B
$3.9B$2.4B
$3.8B$999M
$3.8B$465M
$3.8B$90B
$3.7B-
$3.6B$1.4B
$3.6B$23B
$3.6B$927M
$3.6B$196M
$3.6B$736M
$3.5B$239M
$3.5B$861M
$3.5B$1.1B
$3.5B$1.9B
$3.4B$4.4B
$3.4B$614M
$3.4B$281M
$3.4B$679M
$3.4B$2.9B
$3.4B$1.2B
$3.4B$2.2B
$3.3B$2.5B
$3.3B$2.2B
$3.2B$931M
$3.2B$1.4B
$3.2B$435M
$3.2B$1.2B
$3.2B$501M
$3.2B$41M
$3.1B$1.3B
$3.1B$1B
$3.1B$673M
$3B$648M
$3B$1.5B
$3B$1.8B
$3B$5.6B
$3B$1.7B
$3B$315M
$2.9B$780M
$2.9B$535M
$2.9B$2.9B
$2.9B$850M
$2.9B$1.2B
$2.9B$423M
$2.8B$881M
$2.8B$344M
$2.8B$486M
$2.8B$597M
$2.7B$1.7B
$2.7B$2.4B
$2.7B$219M
$2.7B-
$2.7B$385M
$2.6B$816M
$2.6B$63B
$2.6B$4M
$2.5B$345M
$2.5B$712M
$2.5B$2.4B
$2.4B$1.7B
$2.4B$950M
$2.4B$329M
$2.4B$123M
$2.4B$311M
$2.4B$1.9B
$2.4B$2B
$2.3B$312M
$2.3B$3.3B
$2.3B$246M
$2.3B$851M
$2.3B$944M
$2.3B$1.9B
$2.2B$1.1B
$2.2B$996M
$2.2B$3.9B
$2.1B$569M
$2.1B$438M
$2.1B$888M
$2.1B-
$2.1B$474M
$2.1B$427M
$2.1B$66M
$2.1B$628M
$2.1B$379M
$2.1B$836M
$2.1B$791M
$2.1B$1.1B
$2B$252M
$2B-
$2B$1.7B
$2B-
$2B$805M
$2B$374M
$1.9B$491M
$1.9B$319M
$1.9B$506M
$1.9B$82M
$1.9B$595M
$1.9B$142M
$1.9B$806M
$1.9B$1.2B
$1.9B-
$1.9B$1.5B
$1.9B$220M
$1.9B$2.7B
$1.9B-
$1.9B-
$1.9B$248M
$1.9B$865M
$1.9B-
$1.8B$169M
$1.8B$359M
$1.8B$75M
$1.8B$1.3B
$1.8B$932M
$1.8B$325M
$1.8B$559M
$1.8B$1.2B
$1.8B$428M
$1.8B$775M
$1.7B$239M
$1.7B$1.4B
$1.7B$356M
$1.7B-
$1.7B$14M
$1.7B$993M
$1.6B$239M
$1.6B$392M
$1.6B$564M
$1.6B$484M
$1.6B$749M
$1.6B$706M
$1.6B$73M
$1.6B$390M
$1.6B$372M
$1.5B$940M
$1.5B$379M
$1.5B-
$1.5B$371M
$1.5B$218M
$1.5B$1.2B
$1.5B$693M
$1.5B$251M
$1.5B$415M
$1.5B$613M
$1.5B$729M
$1.5B$194M
$1.5B$282M
$1.5B$1.8B
$1.5B$1.5B
$1.4B$608M
$1.4B$428M
$1.4B$141M
$1.3B-
$1.3B$144M
$1.3B$180M
$1.3B$52M
$1.3B$844M
$1.3B$4B
$1.2B$864M
$1.2B$1.2B
$1.2B$324M
$1.2B$830M
$1.2B-
$1.2B$475M
$1.2B$386M
$1.2B$2.4B
$1.2B$130M
$1.2B$947M
$1.2B$402M
$1.2B$777M
$1.2B$350M
$1.2B$102M
$1.2B$315M
$1.1B$444M
$1.1B$494M
$1.1B$883M
$1.1B$1.2B
$1.1B$2.1B
$1.1B$2.3B
$1.1B$337M
$1.1B$28M
$1.1B-
$1.1B$384M
$1.1B$2.6B
$1B$1.2B
$1B-
$1B-
$1B$268M
$1B$202M
$1B-
$1B$1.3B
$1B$2.3B
$1B$118M
$1B$754M
$1B$788M
$1B-
$1000M-
$999M$610M
$995M$271M
$991M$156M
$984M$330M
$983M$434M
$978M-
$977M$261M
$975M$275M
$973M$602M
$966M$1.9B
$959M-
$953M-
$944M$350M
$934M$133M
$926M$390M
$922M$198M
$912M$2.9B
$908M$55M
$905M$193M
$903M-
$903M$293M
$895M$577M
$887M$323M
$884M$166M
$883M$265M
$882M$1.2B
$871M-
$866M$698M
$866M$845M
$863M$290M
$860M$103M
$858M$249M
$858M-
$849M$85M
$848M-
$839M$335M
$834M$344M
$829M$135M
$826M$1.1B
$824M$154M
$819M$174M
$817M$117M
$814M$179M
$809M$302M
$801M-
$789M$197M
$784M$271M
$783M$178M
$776M$533M
$770M-
$759M$141M
$750M$307M
$746M$2B
$738M-
$738M$644M
$735M$236M
$734M$369M
$732M$208M
$731M$173M
$731M$139M
$712M-
$708M$249M
$706M-
$699M$55M
$695M-
$694M-
$687M$623M
$673M-
$672M$273M
$672M$288M
$669M$469M
$667M$358M
$659M$94M
$657M$204M
$649M-
$647M$337M
$643M$248M
$641M-
$638M$430M
$634M$57M
$630M$444M
$629M$177M
$627M$503M
$627M$503M
$620M$2.3B
$616M$238M
$613M$312M
$612M-
$612M$1.3B
$610M-
$609M-
$605M$605M
$604M-
$600M$257M
$599M$484M
$589M$143M
$588M$134M
$587M$265M
$585M$2.4B
$577M$89M
$575M$265M
$570M-
$568M$199M
$566M$231M
$565M$139M
$560M$168M
$560M$123M
$559M$436M
$557M$50M
$556M-
$554M$81M
$553M$618M
$552M-
$549M-
$544M$66M
$541M-
$533M$285M
$529M$586M
$528M$55M
$520M$1.1B
$518M$28M
$517M$63M
$510M$8B
$506M$384M
$505M-
$504M$113M
$500M$913M
$499M$1B
$496M$32M
$494M$1.6B
$494M$32M
$493M$162M
$492M$3M
$492M$259M
$487M$183M
$485M$1.2B
$478M$78M
$476M$629M
$474M-
$473M$216M
$465M-
$465M$200M
$463M$275M
$462M$70M
$460M$386M
$458M$193M
$458M$621M
$457M$132M
$456M$201M
$455M$279M
$454M-
$454M$317M
$451M$359M
$445M$257M
$443M$163M
$441M$304M
$440M-
$439M$258M
$428M$261M
$426M-
$424M$1M
$422M-
$422M$73M
$413M-
$412M-
$410M$112M
$405M-
$401M$95M
$399M-
$399M$107M
$397M$376M
$397M$38M
$395M-
$394M-
$394M$106M
$392M$103M
$387M$323M
$387M$177M
$386M$26M
$385M$254M
$384M$225M
$383M$161M
$383M$140M
$372M$82M
$372M$312M
$370M$158M
$369M-
$367M$212M
$366M-
$365M$512M
$359M$216M
$358M-
$356M$71M
$352M$218M
$350M$132M
$349M$458M
$348M$530K
$345M$321K
$344M-
$343M$53M
$343M$271M
$341M$90M
$338M-
$335M-
$334M$82M
$329M$840M
$328M$444M
$314M-
$313M-
$312M-
$307M$26M
$306M-
$305M$479M
$305M$184M
$300M$79M
$299M$200M
$298M$482M
$294M$45M
$294M-
$293M-
$293M$62M
$292M$264M
$289M$745M
$288M$86M
$288M$46M
$287M$277M
$286M$1.2B
$284M$151M
$282M-
$281M$326M
$281M$80M
$280M$20M
$280M$345M
$278M$490M
$278M$155M
$278M$89M
$277M$32M
$277M$127M
$273M$171M
$273M$218M
$272M$69M
$272M$134M
$272M$244M
$269M$132M
$269M$376M
$269M$410M
$268M-
$268M$196M
$267M$69M
$265M$220M
$264M$28M
$264M$112M
$264M$144M
$264M-
$264M$180M
$259M$308M
$256M$53M
$256M$58M
$255M-
$255M$110M
$253M$199M
$250M-
$248M$736M
$247M$135M
$244M$127M
$242M$140M
$241M$13M
$238M$390M
$237M$189M
$236M$155M
$234M$176M
$234M$416M
$234M$367M
$232M$130M
$229M$345M
$228M$154M
$224M$13M
$221M$446M
$220M$140M
$216M-
$216M$91M
$215M$268M
$214M$138M
$214M$198M
$214M-
$212M$43M
$209M$64M
$209M$74M
$209M$49M
$208M-
$208M-
$207M$183M
$206M$223M
$206M$28M
$206M$55M
$205M$126M
$204M$65M
$203M-
$201M$80M
$201M$108M
$198M$55M
$198M$85M
$197M$108M
$197M$73M
$196M$62M
$196M$126M
$195M-
$194M$137M
$194M$156M
$194M$89M
$192M$48M
$192M$37M
$191M$198M
$190M$39M
$184M$906M
$183M$58M
$182M$25M
$181M$53M
$181M-
$179M-
$179M$1.9B
$178M$41M
$177M$87M
$176M$62M
$176M$1M
$175M$64M
$175M$144M
$175M-
$175M$315M
$174M$131M
$173M$118M
$173M$55M
$173M$106M
$173M$451M
$172M$103M
$169M$118M
$168M-
$168M$58M
$168M$3M
$164M-
$162M$32M
$162M-
$162M$89M
$160M-
$160M-
$157M-
$157M$46M
$155M$34M
$155M-
$153M$146M
$152M$90M
$152M$52M
$150M$246M
$149M$24M
$149M$56M
$149M-
$149M$40M
$147M$75M
$146M$44M
$144M$100M
$140M$64M
$140M-
$139M$79M
$139M-
$138M$39M
$137M-
$137M$211M
$134M$332M
$134M$26M
$133M$112M
$130M-
$129M$100M
$129M$116M
$127M$25M
$126M$33M
$125M-
$125M$56M
$125M-
$124M$90M
$124M$55M
$123M$149M
$122M$61M
$122M-
$122M$95M
$121M$33M
$119M-
$119M$30M
$119M-
$119M$18M
$119M$269M
$119M$21M
$118M$390M
$118M$206M
$117M-
$115M$29M
$113M-
$113M-
$112M$23M
$112M$115M
$110M-
$110M$82M
$110M$212M
$109M$101M
$108M-
$108M$289M
$105M-
$105M$7M
$104M$49M
$104M-
$103M$66M
$101M$23M
$101M-
$101M$92M
$101M$48M
$100M$14M
$100M$53M
$100M$64M
$98M$25M
$98M$81M
$98M$13M
$97M-
$96M$62M
$96M$37M
$95M$41M
$95M$227M
$95M$79M
$94M$72M
$94M-
$94M$12M
$93M$12M
$92M$35M
$92M$128M
$91M$43M
$90M-
$89M$291M
$89M$78M
$89M$662M
$88M$31M
$88M$30M
$88M$22M
$88M$3M
$87M-
$86M-
$86M-
$85M-
$83M-
$83M$167M
$82M-
$82M-
$81M-
$81M-
$81M$21M
$79M$137M
$78M-
$78M$21M
$78M$84M
$77M$109M
$77M-
$76M-
$76M-
$76M$80M
$76M$101M
$74M$32M
$73M$327M
$73M$103M
$73M-
$72M-
$72M-
$72M$31M
$71M-
$71M$27M
$71M-
$71M-
$71M$20M
$71M$48M
$70M$100M
$69M$33M
$69M$40M
$69M$96M
$68M$133M
$68M-
$68M$15M
$67M$837K
$66M-
$66M$67M
$66M$155M
$65M-
$64M$472M
$64M-
$64M$42M
$64M-
$64M$66M
$63M$51M
$63M$50M
$63M$56M
$63M-
$62M-
$62M$19M
$62M$2B
$61M$55M
$60M-
$60M$75M
$60M-
$60M-
$59M$17M
$59M$32M
$58M$324M
$58M$18M
$58M-
$57M$1M
$57M$11M
$57M-
$57M$33M
$56M$165M
$56M$75M
$56M$35M
$56M$39M
$55M-
$55M$46M
$54M-
$54M$431M
$54M-
$53M$20M
$53M-
$53M-
$53M$134M
$53M$9M
$52M$38M
$52M$105M
$52M$38M
$52M$22M
$51M-
$51M-
$51M$79M
$51M$10M
$50M-
$50M$20M
$49M$22M
$49M$17M
$49M$158M
$48M$46M
$48M$42M
$48M-
$48M$146M
$48M$11M
$48M-
$47M-
$47M-
$47M$45M
$47M$912K
$47M-
$46M$4M
$46M-
$46M$12M
$46M$25M
$46M$12M
$46M$92M
$46M$31M
$45M$1.2B
$45M$1M
$45M-
$44M-
$44M$17M
$44M-
$44M$23M
$43M-
$43M$85M
$43M$42M
$42M$8M
$42M$32M
$42M$2M
$42M$3M
$41M-
$41M$10M
$40M-
$40M-
$40M$236M
$40M$116M
$39M$3M
$39M$1M
$39M$153M
$38M-
$38M$791M
$38M$321M
$38M$38M
$38M$18M
$37M-
$37M$38M
$37M-
$37M$11M
$37M$46M
$36M-
$36M$62M
$36M$12M
$35M$22M
$35M$90M
$35M-
$35M$44M
$35M$57M
$34M-
$34M$19M
$34M$11M
$34M$31M
$33M-
$33M$14M
$33M-
$32M$8M
$32M$298M
$32M-
$32M$36M
$32M$86M
$32M-
$32M$51M
$31M-
$31M-
$31M-
$31M$98M
$31M$1.8B
$30M$40M
$30M$168M
$30M$101M
$30M-
$29M-
$29M$39M
$29M$56M
$28M$171M
$27M$188M
$27M-
$27M$3M
$27M-
$26M-
$26M$62M
$26M$283M
$26M$64M
$26M$1.1B
$26M$25M
$25M$51M
$25M-
$25M$21M
$25M$10M
$24M$21M
$24M-
$24M$17M
$24M$25M
$23M$57M
$23M$27M
$23M-
$23M$11M
$22M$6M
$22M-
$22M$34M
$22M-
$22M-
$22M-
$22M-
$22M-
$22M-
$22M$18M
$22M-
$21M$21M
$21M-
$21M$171M
$21M$69M
$21M$19M
$21M$3M
$21M-
$21M-
$20M-
$20M$43M
$20M-
$20M$10M
$20M$188M
$20M-
$20M$73M
$20M$14M
$20M-
$19M-
$19M$29M
$19M-
$19M-
$19M-
$19M-
$19M$45M
$19M$7M
$18M$26M
$18M$16M
$18M-
$18M-
$18M-
$18M-
$17M-
$17M-
$17M$55M
$17M-
$17M$4M
$17M$76K
$17M$171M
$17M-
$17M$44M
$17M-
$16M-
$16M$4M
$16M$6M
$16M$10M
$16M-
$16M$44M
$16M-
$16M$6M
$16M$52M
$15M$32M
$15M$6M
$15M$29M
$15M-
$15M-
$15M-
$15M$24M
$15M$42M
$15M$16M
$14M$102M
$14M-
$14M-
$14M-
$14M-
$14M-
$14M-
$14M-
$14M-
$14M-
$13M$15M
$13M$29M
$13M-
$13M-
$13M$32M
$13M-
$12M-
$12M$15M
$12M$35M
$12M-
$12M$22M
$12M$2M
$12M$14M
$11M-
$11M-
$11M-
$11M-
$11M-
$11M$62M
$11M-
$11M$201M
$11M-
$11M-
$11M-
$11M$22M
$11M$15M
$10M-
$10M-
$10M-
$10M-
$10M-
$10M-
$10M$38M
$10M-
$10M-
$10M-
$10M-
$10M-
$10M-
$9M$3M
$9M-
$9M-
$9M-
$9M-
$9M-
$9M-
$9M-
$9M-
$8M$5M
$8M-
$8M$29M
$8M$28M
$8M-
$8M-
$8M-
$8M-
$8M$76K
$7M-
$7M$6M
$7M$11M
$7M$8M
$7M-
$7M-
$7M$7M
$7M-
$7M-
$7M-
$7M$5M
$7M-
$6M$26M
$6M-
$6M-
$6M-
$6M-
$6M$32M
$6M$7M
$6M-
$6M-
$6M-
$5M-
$5M-
$5M-
$5M-
$5M-
$5M-
$5M-
$5M-
$5M$6M
$5M-
$5M-
$5M-
$5M-
$5M-
$5M-
$5M$11M
$4M-
$4M-
$4M-
$4M-
$4M-
$4M-
$4M-
$4M-
$4M$1M
$4M-
$4M-
$4M-
$3M-
$3M-
$3M-
$3M-
$3M-
$3M-
$3M-
$3M-
$3M$2M
$3M-
$3M$7M
$3M$2M
$3M$2M
$3M-
$2M-
$2M-
$2M$13M
$2M-
$2M$4M
$2M-
$2M-
$2M-
$1M-
$1M-
$1M$33M
$1M-
$1M-
$1M$12M
$1M$82M
$974K-
$961K-
$617K-
$519K-
$497K-
$466K-
$448K-
$307K-
$267K-
$245K-
$200K$75M
$99K-
$79K-
$56K-
$23K-
$1K-
$0K$169M
--

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