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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
$4.7T$4.6T$429B10.8x23.8x
$3.1T$3.1T$321B9.5x15.9x
$494B$613B$67B9.2x16.7x
$363B$377B$60B6.2x16.0x
$345B$338B$5B62.5x116.2x
$309B$298B$151B2.0x16.4x
$218B$276B$69B4.0x14.5x
$199B$196B$45B4.4x13.8x
$166B$160B$13B12.7x71.9x
$155B$156B$6B24.5x29.5x
$150B$158B$43B3.7x9.0x
$147B$143B$11B13.2x42.3x
$137B$157B$120B1.3x12.0x
$126B$138B$16B8.8x17.1x
$116B$111B$5B21.8x79.2x
$110B$114B$21B5.5x13.0x
$101B$101B$25B4.1x8.5x
$94B$90B$29B3.1x11.5x
$94B$96B$6B17.1x36.0x
$94B$91B$14B6.4x17.5x
$94B$102B$8B12.2x31.5x
$80B$85B$8B10.8x21.0x
$77B$76B$2B32.1x144.0x
$65B$75B$13B5.6x14.0x
$65B$91B$8B11.9x20.1x
$63B$61B$7B8.6x23.1x
$62B$75B$483M155.3x1781.1x
$52B$52B$7B6.9x17.4x
$50B$47B$4B12.8x53.2x
$49B$47B$5B9.5x64.0x
$48B$48B$15B3.3x37.1x
$45B$46B$4B10.4x29.4x
$41B$39B$19B2.0x11.4x
$39B$40B$1B27.6x95.6x
$38B$41B$12B3.3x11.7x
$37B$47B$8B5.8x14.6x
$34B$31B$14B2.2x10.9x
$33B$37B$6B5.7x12.3x
$33B$31B$10B3.2x9.6x
$30B$23B$5B4.6x10.7x
$29B$27B$7B3.6x10.3x
$29B$30B$6B4.9x13.6x
$28B$22B$3B6.5x14.4x
$28B$27B$5B5.0x24.1x
$28B$36B$21B1.7x9.7x
$28B$28B$35B0.8x11.9x
$27B$27B———
$26B$40B$17B2.4x10.4x
$26B$25B$956M26.0x44.2x
$25B$27B$8B3.5x9.1x
$25B$2B
$24B$12B
$24B$2B
$23B$6B
$22B$3B
$22B$7B
$22B$5B
$21B$3B
$21B$4B
$21B—
$20B$5B
$20B$5B
$18B$3B
$18B$4B
$18B$7B
$17B$7B
$17B$23B
$17B$916M
$17B$7B
$17B$4B
$17B$6B
$16B$3B
$15B$4B
$14B$3B
$14B$2B
$14B$12B
$13B$3B
$13B$2B
$13B$3B
$12B$3B
$12B$7M
$12B$1B
$12B$3B
$12B$2B
$12B$5B
$12B$5B
$11B$1B
$11B$3B
$11B$9B
$11B$858M
$11B$1B
$11B$3B
$11B$2B
$11B$4B
$11B—
$11B$968M
$11B$1B
$10B$184M
$10B$800M
$10B$2B
$10B$2B
$10B$7B
$10B$1B
$10B$1B
$10B$13B
$10B$389M
$9B$1B
$9B$2B
$9B$344M
$9B$8B
$8B$4B
$8B$1B
$8B$2B
$8B$2B
$8B$1B
$8B$549M
$8B$2B
$7B$791M
$7B$860M
$7B$342M
$7B$803M
$7B$215M
$7B$3B
$7B$5B
$7B$2B
$7B$1B
$7B$444M
$7B$1B
$7B$456M
$6B$54B
$6B$3B
$6B$435M
$6B$2B
$6B$2B
$6B$749M
$6B$1B
$6B$765M
$6B$2B
$6B$564M
$6B$3B
$6B$3B
$6B$2B
$6B$2B
$6B$1B
$6B$1B
$6B$5B
$6B$712M
$6B—
$6B$2B
$6B$952M
$5B$6B
$5B$7B
$5B$13B
$5B$607M
$5B$3B
$5B$126M
$5B$5B
$5B$1B
$5B$2B
$5B$893M
$5B$3B
$5B$2B
$5B$1B
$5B—
$5B$745M
$5B$649M
$5B—
$4B—
$4B$2B
$4B$652M
$4B$2B
$4B$1B
$4B$210M
$4B$2B
$4B$1B
$4B$2B
$4B$2B
$4B$1B
$4B$58M
$4B$995M
$4B$191M
$4B$415M
$4B$1B
$4B$6B
$4B$22B
$4B$2B
$4B$2B
$4B$831M
$4B$2B
$4B—
$4B$1B
$4B$3B
$4B$1B
$4B$1B
$4B$1B
$4B$436M
$4B$1B
$3B$759M
$3B$1B
$3B$4B
$3B$1B
$3B$507M
$3B$321M
$3B$4B
$3B$824M
$3B$2B
$3B$560M
$3B$2B
$3B$687M
$3B$2B
$3B$1B
$3B$3B
$3B$2B
$3B$661M
$3B—
$3B—
$3B$623M
$3B$1B
$3B$576M
$3B—
$3B$869M
$3B$456M
$3B—
$3B$1B
$3B$357M
$3B$4B
$3B$3B
$3B$35M
$3B$776M
$3B$439M
$3B$900M
$3B$2B
$3B$4M
$3B$615M
$3B$2B
$3B$424M
$3B$5B
$2B$118M
$2B$582M
$2B$857M
$2B$879M
$2B$268M
$2B$1B
$2B$103M
$2B$4B
$2B$2B
$2B$2B
$2B—
$2B$973M
$2B$1B
$2B$76M
$2B$316M
$2B—
$2B$3B
$2B$452M
$2B—
$2B$767M
$2B$685M
$2B$2B
$2B$706M
$2B$601M
$2B$775M
$2B$290M
$2B—
$2B$436M
$2B$607M
$2B$826M
$2B$723M
$2B$849M
$2B$133M
$2B$695M
$2B$1B
$2B—
$2B$162M
$2B$302M
$2B—
$2B$322M
$2B$819M
$2B$1B
$2B$2B
$2B$562M
$2B$365M
$2B$215M
$2B$1B
$2B$444M
$2B$234M
$2B$2B
$2B$772M
$2B$234M
$2B$391M
$2B—
$2B$473M
$2B$1B
$2B$343M
$2B$1B
$2B$755M
$2B$2B
$2B$339M
$2B$656M
$2B$1B
$2B$807M
$2B—
$2B$351M
$2B$185M
$2B—
$2B$289M
$2B$340M
$2B$546M
$2B$365M
$2B—
$2B—
$1B$283M
$1B—
$1B$234M
$1B—
$1B$2B
$1B$242M
$1B$775M
$1B$280M
$1B$799M
$1B$137M
$1B$301M
$1B—
$1B$548M
$1B$900M
$1B$200M
$1B—
$1B$249M
$1B—
$1B$894M
$1B$860M
$1B$398M
$1B$1B
$1B$377M
$1B—
$1B$845M
$1B$985M
$1B$466M
$1B$374M
$1B—
$1B$1B
$1B$81M
$1B$213M
$1B$1B
$1B$958M
$1B$777M
$1B—
$1B$699M
$1B$446M
$1B$311M
$1B—
$1B$294M
$1B—
$1B$413M
$1B$801M
$1B$124M
$1B$150M
$1B—
$1B$2B
$1B$168M
$1B—
$1B$268M
$1B$23M
$1B—
$1B$361M
$1B—
$1B$393M
$1B$339M
$1B$3B
$1B$160M
$1B$527M
$976M$89M
$964M$1B
$956M$590M
$950M—
$941M$182M
$934M$160M
$929M$6M
$929M$1B
$926M$255M
$924M—
$907M—
$899M$391M
$898M—
$884M$2B
$874M$911M
$871M$387M
$868M$200M
$866M—
$866M—
$858M$261M
$845M—
$838M$342M
$833M$311M
$833M$766M
$827M$344M
$815M$539M
$809M$2B
$798M—
$797M$418M
$797M$123M
$781M$230M
$780M$64M
$770M$242M
$763M$285M
$763M$128M
$763M$244M
$762M—
$759M$137M
$755M$136M
$752M$168M
$731M$3B
$728M$287M
$722M$669M
$721M—
$718M$597M
$717M$223M
$713M$473M
$710M$167M
$710M$48M
$709M$412M
$704M$654M
$704M$356M
$702M$152M
$700M$74M
$697M$362M
$691M—
$681M$198M
$679M$652M
$678M$390M
$675M$127M
$675M$86M
$672M$2B
$671M$935M
$668M$250M
$668M—
$665M$1B
$661M$283M
$648M$196M
$623M—
$622M$493M
$617M$62M
$616M—
$613M$254M
$612M$174M
$612M$1B
$607M$312M
$607M$30M
$603M$191M
$601M$1B
$599M—
$593M—
$592M$408M
$590M$248M
$590M$255M
$588M$469M
$588M$118M
$588M$490M
$586M—
$582M$306M
$577M—
$572M$221M
$572M$263M
$560M$95M
$557M$201M
$553M—
$550M$1B
$547M$67M
$545M$649M
$544M—
$532M$55M
$531M—
$528M$253M
$528M$586M
$516M$222M
$513M$128M
$510M—
$507M$157M
$505M$352M
$498M$184M
$495M$38M
$493M$171M
$492M$1B
$490M$8B
$488M—
$488M$403M
$487M$286M
$484M—
$483M$842M
$478M$76M
$478M$802K
$477M$285M
$477M$667M
$463M$193M
$462M$1B
$457M$252M
$457M$2B
$456M—
$455M$128M
$441M$562M
$441M—
$437M—
$437M$3B
$435M$289M
$435M$78M
$435M—
$433M$258M
$431M$107M
$428M$244M
$424M$853M
$423M$77M
$423M$973M
$422M$363M
$420M$303M
$416M$491M
$416M—
$412M—
$412M—
$411M$449M
$409M—
$409M—
$407M$451M
$405M—
$403M$1M
$400M$42M
$398M$117M
$395M$142M
$392M$28M
$391M$142M
$391M$470M
$388M—
$385M$177M
$379M$221M
$373M$107M
$372M$85M
$369M$128M
$366M$448M
$364M—
$361M$175M
$355M$277M
$354M$1B
$352M$65M
$351M—
$350M—
$349M$464M
$349M$709M
$343M—
$341M$175M
$341M$202M
$341M—
$340M$732M
$337M—
$335M$247M
$330M$15M
$327M$50M
$324M$314M
$319M$85M
$317M$50M
$317M$150M
$317M$146M
$313M$62M
$312M$319M
$312M$2B
$312M$527M
$311M$62M
$310M—
$302M$148M
$302M$98M
$301M$81M
$300M$12M
$295M$162M
$295M$261M
$291M$26M
$289M$153M
$285M$322M
$282M$76M
$280M$43M
$280M$75M
$278M$90M
$275M$291M
$271M$83M
$270M$56M
$270M$200M
$269M$74M
$267M$150M
$267M—
$267M$206M
$266M—
$265M$101M
$265M$34M
$264M$62M
$263M$147M
$262M—
$261M$145M
$261M$133M
$254M$32M
$250M—
$249M—
$248M$203M
$240M$79M
$240M$78M
$240M—
$240M—
$239M—
$238M$66M
$237M$57M
$237M$220M
$236M$50M
$235M$312M
$234M$93M
$231M$247M
$231M$378M
$230M—
$227M$530K
$226M$383M
$224M—
$223M$178M
$220M$140M
$220M$82M
$218M—
$218M$22M
$217M$65M
$217M$181M
$216M$430M
$212M$91M
$211M$149M
$210M—
$208M$222M
$207M$62M
$204M$48M
$203M$194M
$202M—
$202M$41M
$202M$119M
$202M$115M
$201M$236M
$200M—
$200M$80M
$197M$61M
$196M$56M
$195M$395M
$193M$291M
$192M$2B
$192M$24M
$192M$72M
$191M$123M
$190M$46M
$190M$71M
$186M$146M
$185M$58M
$185M$51M
$183M$7M
$182M—
$182M—
$181M$23M
$177M$57M
$176M$390M
$176M—
$175M—
$174M$72M
$174M$45M
$174M$40M
$173M$307M
$171M—
$171M$34M
$170M$731M
$170M$319M
$169M—
$168M$108M
$168M—
$167M—
$167M$91M
$166M$52M
$165M$10M
$165M$167M
$165M$38M
$164M$80M
$163M$62M
$163M$101M
$162M$106M
$162M—
$160M—
$159M$24M
$158M$54M
$157M—
$156M$31M
$156M—
$155M$25M
$155M$39M
$153M$69M
$152M$51M
$150M—
$148M$125M
$147M—
$147M$26M
$147M$418M
$146M$113M
$146M$33M
$146M$143M
$145M$183M
$145M$2B
$144M$105M
$141M$168M
$140M$212M
$140M$113M
$140M$112M
$139M$52M
$136M$53M
$136M$114M
$136M—
$135M$955M
$132M—
$132M—
$131M$105M
$129M—
$128M—
$128M$219M
$128M$32M
$127M$101M
$127M$124M
$126M$103M
$126M$110M
$123M$59M
$123M$89M
$123M$260M
$122M—
$122M$39M
$122M—
$121M$23M
$120M$19M
$120M$152M
$119M$50M
$119M$20M
$119M$289M
$119M—
$118M$30M
$118M$71M
$117M$254M
$117M—
$115M—
$115M—
$115M—
$114M—
$114M—
$114M$49M
$113M—
$113M$140M
$113M$53M
$111M$257M
$111M$125M
$110M—
$110M$22M
$109M$358M
$108M$11M
$108M—
$108M—
$106M—
$106M$118M
$105M—
$104M$235M
$104M—
$103M$2M
$103M$35M
$103M—
$102M$35M
$102M—
$102M$38M
$101M$23M
$101M$15M
$100M—
$100M—
$99M—
$99M$5M
$98M$24M
$98M—
$98M$114M
$97M—
$97M—
$97M$33M
$95M$42M
$94M—
$94M$211M
$94M$82M
$93M$2M
$92M—
$92M$159M
$92M—
$92M—
$92M$171M
$91M$62M
$91M$106M
$90M$53M
$90M—
$90M$1B
$89M—
$88M—
$88M—
$88M—
$88M—
$87M$27M
$87M—
$87M$12M
$87M$49M
$86M$24M
$85M$468M
$85M$92M
$84M$20M
$82M—
$82M—
$82M$109M
$81M—
$81M$40M
$81M—
$80M—
$80M—
$79M—
$79M$75M
$79M$74M
$78M$41M
$78M$51M
$78M$77M
$78M—
$77M$46M
$77M—
$75M$19M
$75M—
$75M—
$74M$62M
$73M$64M
$73M$32M
$73M—
$73M$510M
$73M$84M
$72M—
$72M$31M
$72M—
$71M$79M
$70M$49M
$70M$47M
$69M—
$69M$46M
$69M$134M
$68M—
$67M—
$67M—
$67M$5M
$66M$135M
$66M$133M
$65M—
$64M—
$64M—
$63M—
$62M$12M
$60M$8M
$60M$163M
$60M—
$60M$89M
$59M$67M
$59M$442M
$58M$38M
$57M$17M
$57M—
$56M—
$56M—
$55M$31M
$55M—
$54M—
$54M$45M
$53M$12M
$53M$19M
$53M$121M
$51M$17M
$51M$8M
$51M—
$51M$30M
$51M—
$50M$209M
$50M$32M
$50M—
$50M$21M
$50M$12M
$50M—
$49M—
$49M$147M
$49M—
$49M—
$49M—
$48M—
$48M—
$46M$66M
$45M—
$45M—
$45M$24M
$45M—
$45M$20M
$45M$18M
$44M—
$44M—
$44M—
$42M—
$42M$55M
$42M—
$41M—
$41M$251M
$41M—
$40M$11M
$40M$57M
$40M$43M
$40M—
$39M—
$39M$32M
$38M—
$37M$3M
$37M$45M
$37M$39M
$37M$9M
$36M$19M
$35M$91M
$35M—
$35M—
$34M—
$34M$15M
$34M$795M
$34M$101M
$34M$3M
$34M—
$34M—
$33M—
$33M—
$33M$53M
$33M$562K
$33M—
$32M—
$32M$229M
$32M$12M
$32M$211M
$32M$3M
$32M$266M
$32M—
$31M—
$31M$17M
$31M—
$30M$172M
$30M—
$30M$57M
$30M$57M
$30M$37M
$29M$12M
$29M—
$28M$45M
$27M$46M
$26M—
$26M—
$26M—
$25M—
$25M$21M
$25M$25M
$25M$19M
$25M—
$25M—
$25M—
$24M—
$24M—
$24M$10M
$24M—
$24M$39M
$24M—
$23M—
$23M—
$23M—
$23M$33M
$22M$14M
$22M$20M
$22M$4M
$22M—
$22M—
$21M—
$21M—
$21M$8M
$20M—
$20M—
$20M$36M
$20M$7M
$19M—
$19M—
$19M—
$19M—
$19M$30M
$18M—
$18M$211M
$18M—
$18M$7M
$18M$6M
$17M$9M
$17M—
$17M$7M
$17M—
$17M—
$17M—
$17M—
$16M$31M
$16M$16M
$16M$4M
$15M$16M
$15M—
$15M$42M
$15M—
$15M—
$15M$26M
$14M$15M
$14M—
$14M—
$14M$44M
$13M$13M
$13M—
$13M—
$13M—
$13M—
$13M—
$13M—
$13M—
$12M—
$12M—
$12M$15M
$12M$138M
$12M—
$12M—
$12M—
$11M$29M
$11M—
$11M—
$11M—
$11M$17M
$11M—
$11M—
$11M—
$11M—
$11M—
$11M—
$11M—
$11M—
$10M—
$10M$7M
$10M—
$10M$24M
$10M—
$10M—
$10M—
$9M—
$9M$11M
$9M—
$9M$30M
$9M—
$8M—
$8M—
$7M—
$7M—
$7M—
$7M—
$6M—
$6M—
$6M—
$6M—
$6M—
$6M—
$5M—
$5M—
$5M—
$5M—
$5M—
$5M—
$5M$2M
$5M—
$5M—
$4M$91M
$4M—
$4M—
$4M—
$4M—
$3M—
$3M—
$3M—
$3M$35M
$3M—
$3M—
$3M$13M
$2M—
$2M—
$2M—
$2M—
$2M—
$1M—
$1M—
$1M—
$955K—
$811K—
$692K—
$461K—
$290K—
$201K—
$201K—
$67K—
$44K—
$23K—
$8K—
$3K—
——
——
——
——
—$95M

Financial data powered by FactSet and Morningstar. Valuation multiples as of last 12 months. For more data, start your free trial here.

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