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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$431B10.8x23.8x
$3.1T$3.0T$322B9.4x15.7x
$533B$652B$67B9.8x17.8x
$372B$387B$60B6.4x16.4x
$326B$318B$6B57.3x103.8x
$321B$310B$151B2.1x17.1x
$215B$273B$69B4.0x14.4x
$203B$200B$45B4.4x14.1x
$161B$162B$6B25.4x30.6x
$153B$161B$43B3.8x9.1x
$149B$145B$11B13.4x43.0x
$141B$161B$120B1.3x12.3x
$140B$134B$13B10.6x59.9x
$125B$137B$16B8.7x17.0x
$121B$116B$5B22.8x82.9x
$110B$114B$21B5.5x12.9x
$103B$103B$25B4.2x8.7x
$98B$99B$6B17.7x37.3x
$96B$105B$8B12.5x32.2x
$95B$92B$14B6.5x17.7x
$92B$88B$29B3.0x11.2x
$86B$86B$2B36.0x161.8x
$79B$85B$8B10.8x20.9x
$69B$96B$8B12.5x21.0x
$66B$63B$7B8.9x24.1x
$65B$81B$483M166.8x1917.6x
$65B$74B$13B5.6x13.9x
$53B$53B$7B7.1x17.8x
$52B$49B$4B13.3x55.3x
$49B$48B$5B9.5x64.2x
$48B$49B$15B3.3x37.3x
$45B$46B$4B10.3x29.2x
$45B$46B$1B31.1x107.1x
$44B$41B$19B2.1x12.1x
$38B$41B$12B3.3x11.8x
$36B$46B$8B5.7x14.3x
$34B$31B$14B2.2x10.9x
$33B$37B$6B5.7x12.3x
$33B$32B$10B3.2x9.8x
$32B$24B$5B5.0x11.5x
$30B$27B$7B3.7x10.6x
$30B$28B$5B5.3x25.8x
$30B$44B$17B2.6x11.3x
$28B$30B$6B4.9x13.3x
$28B$28B$35B0.8x12.1x
$28B$21B$3B6.5x14.4x
$28B$36B$21B1.7x9.7x
$27B$27B———
$26B$25B$957M26.0x44.1x
$25B$26B$2B15.6x21.1x
$25B$2B
$24B$8B
$24B$12B
$23B$6B
$23B$3B
$23B$7B
$22B$5B
$21B$3B
$21B$4B
$21B—
$20B$5B
$20B$5B
$19B$3B
$19B$4B
$18B$7B
$18B$7B
$18B$23B
$17B$4B
$17B$917M
$17B$4B
$17B$6B
$17B$7B
$16B$3B
$16B$974M
$14B$3B
$14B$12B
$14B$2B
$14B$3B
$13B$2B
$13B$3B
$13B$7M
$13B$3B
$12B$3B
$12B$5B
$12B$2B
$12B$1B
$12B$1B
$12B$3B
$12B$5B
$12B$3B
$12B$2B
$11B$1B
$11B$392M
$11B$858M
$11B$4B
$11B$1B
$11B—
$11B$9B
$11B$2B
$10B$801M
$10B$1B
$10B$7B
$10B$183M
$10B$2B
$10B$1B
$9B$13B
$9B$8B
$9B$2B
$9B$344M
$9B$1B
$9B$2B
$8B$4B
$8B$1B
$8B$1B
$8B$2B
$8B$2B
$8B$550M
$7B$859M
$7B$790M
$7B$342M
$7B$804M
$7B$3B
$7B$216M
$7B$3B
$7B$5B
$7B$1B
$7B$436M
$7B$2B
$7B$1B
$7B$444M
$7B$456M
$7B$54B
$7B$565M
$6B$2B
$6B$3B
$6B$2B
$6B$750M
$6B$2B
$6B$1B
$6B$1B
$6B$764M
$6B$3B
$6B$952M
$6B$5B
$6B$2B
$6B—
$6B$1B
$6B$2B
$6B$712M
$6B$2B
$5B$894M
$5B$1B
$5B$13B
$5B$7B
$5B$6B
$5B$608M
$5B$2B
$5B$126M
$5B$3B
$5B$654M
$5B$3B
$5B$5B
$5B$649M
$5B$3B
$5B$746M
$5B—
$5B$1B
$4B$2B
$4B—
$4B$2B
$4B$2B
$4B$2B
$4B$1B
$4B—
$4B$2B
$4B$210M
$4B$1B
$4B$2B
$4B$996M
$4B$1B
$4B$58M
$4B$415M
$4B$3B
$4B$6B
$4B$22B
$4B$2B
$4B$2B
$4B$1B
$4B$191M
$4B$1B
$4B—
$4B$1B
$4B$831M
$4B$2B
$4B$1B
$4B$1B
$4B$1B
$4B$2B
$3B$1B
$3B$760M
$3B$4B
$3B$1B
$3B$508M
$3B$2B
$3B$560M
$3B$322M
$3B$824M
$3B$687M
$3B$4B
$3B$662M
$3B$1B
$3B$2B
$3B$436M
$3B$2B
$3B—
$3B—
$3B$660M
$3B$625M
$3B$1B
$3B$1B
$3B—
$3B$577M
$3B$2B
$3B$870M
$3B$617M
$3B$455M
$3B$357M
$3B$777M
$3B$3B
$3B$4B
$3B$440M
$3B$2B
$3B$590M
$3B$898M
$3B$35M
$3B$857M
$3B$425M
$3B$119M
$3B$879M
$3B$4M
$3B$3B
$3B$5B
$2B$251M
$2B$103M
$2B$4B
$2B$2B
$2B$2B
$2B$1B
$2B—
$2B$972M
$2B$1B
$2B$76M
$2B—
$2B$452M
$2B$318M
$2B$683M
$2B$776M
$2B—
$2B$706M
$2B$2B
$2B$768M
$2B—
$2B$290M
$2B$162M
$2B$827M
$2B$436M
$2B$607M
$2B$133M
$2B$1B
$2B$1B
$2B$601M
$2B$302M
$2B$695M
$2B$322M
$2B—
$2B$2B
$2B$563M
$2B$723M
$2B—
$2B$847M
$2B$820M
$2B$1B
$2B$365M
$2B$215M
$2B$1B
$2B$234M
$2B$444M
$2B$234M
$2B$473M
$2B$773M
$2B$2B
$2B$391M
$2B—
$2B$807M
$2B$354M
$2B$343M
$2B$756M
$2B$1B
$2B—
$2B$2B
$2B$339M
$2B$657M
$2B$185M
$2B$289M
$2B$547M
$2B—
$2B$1B
$2B$338M
$2B$365M
$2B—
$2B$801M
$2B—
$1B$283M
$1B—
$1B$281M
$1B—
$1B$234M
$1B$241M
$1B$2B
$1B$137M
$1B$301M
$1B$899M
$1B$378M
$1B$248M
$1B—
$1B$548M
$1B—
$1B$894M
$1B$198M
$1B$861M
$1B—
$1B$1B
$1B$398M
$1B—
$1B$1B
$1B$844M
$1B$447M
$1B$985M
$1B$773M
$1B—
$1B$1B
$1B$466M
$1B$81M
$1B$213M
$1B$373M
$1B$957M
$1B—
$1B$777M
$1B$311M
$1B—
$1B$294M
$1B—
$1B$412M
$1B$801M
$1B$124M
$1B$699M
$1B—
$1B$361M
$1B$168M
$1B—
$1B—
$1B$268M
$1B$2B
$1B—
$1B—
$1B$527M
$1B$393M
$1B$3B
$1B$338M
$1B$160M
$1B$160M
$992M$1B
$977M$152M
$976M$89M
$961M$23M
$960M$255M
$955M$586M
$949M—
$947M$6M
$940M$182M
$928M$1B
$924M—
$920M$910M
$920M$128M
$919M$2B
$898M—
$892M$391M
$886M—
$886M$311M
$879M$342M
$877M$199M
$871M$387M
$866M—
$866M—
$857M$260M
$845M—
$835M$765M
$833M$417M
$821M$344M
$814M$538M
$809M$2B
$798M—
$786M$243M
$780M$64M
$780M$230M
$775M$123M
$771M$136M
$770M$285M
$761M—
$758M$242M
$753M$136M
$746M$473M
$725M$168M
$724M$667M
$722M$167M
$720M—
$717M$412M
$717M$198M
$714M$356M
$714M$362M
$714M$312M
$713M$223M
$709M$49M
$703M$287M
$696M$3B
$690M—
$690M$652M
$688M$651M
$684M$152M
$683M$936M
$676M$596M
$675M$127M
$675M$86M
$675M$389M
$669M$2B
$667M—
$665M$1B
$655M$250M
$648M$195M
$647M$282M
$634M$74M
$624M$408M
$623M$30M
$623M—
$616M—
$613M$1B
$612M$253M
$611M$3B
$609M$174M
$608M$1B
$603M$190M
$598M—
$594M$248M
$593M—
$590M$255M
$587M$118M
$586M$490M
$586M—
$582M$306M
$575M$263M
$572M$62M
$572M$95M
$572M—
$569M$222M
$568M$469M
$557M$200M
$556M—
$553M$493M
$550M$1B
$544M—
$544M$67M
$540M$55M
$540M$586M
$532M$649M
$531M—
$527M$253M
$513M$128M
$513M$286M
$511M$1B
$506M$352M
$506M$38M
$499M$157M
$497M$171M
$495M$185M
$495M$222M
$493M—
$488M—
$487M$8B
$486M$252M
$485M$402M
$485M$285M
$484M—
$479M$842M
$478M$76M
$476M$627M
$466M$562M
$456M$1B
$456M$152M
$455M—
$453M$128M
$450M$804K
$447M$974M
$446M$853M
$446M—
$443M$289M
$443M$244M
$438M$2B
$435M—
$435M$78M
$433M$491M
$432M$258M
$431M$107M
$430M$193M
$428M$77M
$422M$363M
$421M$304M
$420M$452M
$419M—
$416M—
$411M—
$409M—
$408M$449M
$407M—
$406M$1M
$403M$470M
$400M$42M
$399M$141M
$398M$117M
$397M$138M
$388M—
$385M$732M
$384M$107M
$384M$221M
$380M$27M
$380M$175M
$379M$177M
$379M$65M
$376M$128M
$372M—
$371M$85M
$370M$463M
$358M$448M
$358M—
$356M—
$354M$276M
$353M$1B
$350M—
$350M—
$348M$708M
$345M$175M
$342M$201M
$341M—
$338M$247M
$336M—
$330M$319M
$328M$146M
$326M$50M
$324M$312M
$322M$149M
$321M$50M
$319M$525M
$319M$150M
$318M$81M
$318M$15M
$313M$61M
$310M—
$310M$62M
$308M$2B
$304M$84M
$297M$162M
$295M$259M
$294M$91M
$290M$26M
$290M$12M
$289M$152M
$286M$98M
$282M$43M
$280M$76M
$279M$291M
$277M$75M
$276M—
$275M—
$275M$145M
$273M$101M
$272M—
$270M$83M
$269M$199M
$269M$78M
$267M$74M
$266M$206M
$264M$62M
$262M$34M
$262M$56M
$261M$133M
$259M$32M
$259M$322M
$256M—
$249M—
$249M$148M
$244M$312M
$241M—
$239M$202M
$238M$66M
$238M—
$237M$219M
$234M$79M
$234M—
$233M$50M
$233M$93M
$233M$377M
$233M$58M
$230M$82M
$230M—
$229M$530K
$228M$382M
$227M—
$227M$140M
$227M—
$223M$247M
$223M$181M
$221M$177M
$218M$22M
$216M$91M
$215M$235M
$214M$62M
$213M$428M
$213M—
$212M$222M
$211M$149M
$208M$119M
$205M$2B
$204M$48M
$203M$193M
$203M$115M
$200M$79M
$200M—
$199M—
$197M—
$196M$56M
$196M$60M
$195M$392M
$192M$24M
$192M$71M
$190M$123M
$189M$46M
$189M$71M
$188M$291M
$188M$41M
$188M$50M
$186M$146M
$185M$23M
$184M$58M
$183M$7M
$183M—
$181M—
$180M—
$176M$34M
$175M$72M
$174M$319M
$173M$45M
$171M$390M
$171M$40M
$169M$730M
$169M$80M
$168M—
$168M$108M
$166M$167M
$166M—
$166M$91M
$165M$38M
$164M$10M
$162M—
$162M—
$162M$62M
$162M$106M
$161M$100M
$160M—
$160M$306M
$159M$24M
$157M—
$157M$54M
$156M$31M
$155M$39M
$152M—
$151M$51M
$149M$25M
$149M$52M
$148M—
$148M$69M
$148M—
$147M$417M
$147M$125M
$147M—
$145M$113M
$145M$183M
$144M$2B
$144M—
$143M$58M
$142M$143M
$142M$26M
$141M$105M
$141M$168M
$140M$113M
$140M—
$139M$212M
$139M$112M
$139M$114M
$138M$52M
$137M—
$136M$53M
$135M$958M
$132M—
$128M—
$127M$32M
$127M$104M
$127M$218M
$127M$101M
$126M$58M
$126M$103M
$125M—
$125M$20M
$125M—
$125M$124M
$124M$110M
$124M—
$123M—
$122M$39M
$122M$262M
$119M$152M
$119M—
$119M—
$118M$89M
$118M$289M
$118M$30M
$117M$20M
$117M$252M
$117M—
$117M$50M
$115M—
$115M$71M
$115M—
$114M—
$114M—
$114M$48M
$114M—
$114M$257M
$113M$32M
$113M—
$112M$53M
$112M—
$111M$358M
$110M$139M
$110M—
$110M$23M
$109M—
$109M$118M
$108M$11M
$108M$22M
$107M$15M
$107M—
$107M$125M
$107M—
$104M$35M
$104M—
$103M$35M
$102M—
$102M$235M
$101M$23M
$101M$2M
$101M$38M
$101M—
$100M$24M
$99M$5M
$99M—
$98M—
$97M$114M
$97M—
$95M$33M
$95M—
$95M—
$94M$62M
$94M—
$94M$42M
$92M$82M
$92M—
$92M—
$92M—
$91M—
$91M—
$91M$211M
$91M$159M
$90M—
$90M$106M
$90M—
$90M$171M
$90M$1B
$89M$53M
$89M$2M
$87M—
$87M$12M
$87M—
$87M$27M
$86M—
$85M$24M
$84M$49M
$84M$91M
$83M$467M
$83M$20M
$82M—
$81M—
$81M—
$81M$109M
$80M$40M
$80M$24M
$80M—
$79M$75M
$79M—
$79M—
$79M—
$79M—
$78M$41M
$78M$77M
$78M$52M
$78M$48M
$77M—
$77M—
$77M—
$76M—
$76M$46M
$76M$510M
$74M$31M
$74M$62M
$73M$32M
$73M$74M
$73M$64M
$73M$46M
$72M$84M
$71M—
$71M$79M
$69M—
$68M$5M
$67M—
$67M$134M
$67M—
$67M—
$66M$134M
$66M$133M
$66M—
$66M$45M
$64M—
$63M$12M
$63M—
$61M—
$61M$38M
$60M—
$59M$163M
$59M$67M
$57M$17M
$57M$8M
$56M$442M
$56M—
$55M$12M
$55M$31M
$55M—
$54M$89M
$54M—
$54M$120M
$54M$45M
$53M$19M
$53M—
$52M$17M
$52M—
$52M—
$52M—
$51M$10M
$51M$21M
$50M$30M
$50M—
$50M—
$50M$32M
$50M—
$49M$147M
$49M$12M
$49M—
$49M—
$49M—
$48M—
$47M—
$47M$208M
$45M$66M
$45M$24M
$44M—
$44M—
$44M$11M
$44M$18M
$43M—
$43M$20M
$43M—
$42M—
$42M—
$42M—
$42M—
$41M—
$41M—
$41M—
$40M$57M
$40M—
$39M$43M
$39M—
$39M—
$39M$32M
$37M$45M
$37M$38M
$37M$250M
$37M$55M
$37M$9M
$36M$19M
$35M$91M
$35M—
$34M$795M
$34M—
$34M$3M
$34M$3M
$33M$15M
$33M—
$33M—
$33M$101M
$33M—
$33M$53M
$32M$266M
$32M$12M
$32M$210M
$32M—
$32M—
$31M$172M
$31M$566K
$31M$17M
$31M—
$31M—
$31M$229M
$31M—
$30M—
$30M$57M
$30M$3M
$29M—
$29M$45M
$29M$37M
$29M$57M
$29M$12M
$29M—
$28M—
$28M—
$27M$211M
$26M$46M
$26M—
$26M—
$25M$19M
$24M—
$24M—
$24M$25M
$24M—
$24M$39M
$23M$10M
$23M—
$23M—
$23M—
$23M—
$23M$33M
$22M—
$22M—
$22M$14M
$22M—
$22M$4M
$22M$21M
$22M—
$22M—
$21M—
$21M—
$21M$20M
$20M—
$20M—
$20M$7M
$19M—
$19M—
$19M—
$19M$8M
$19M—
$19M$36M
$19M—
$18M$30M
$18M—
$17M—
$17M—
$17M$9M
$17M$7M
$17M$7M
$17M—
$17M—
$16M—
$16M$31M
$16M$4M
$16M$6M
$15M—
$15M—
$15M—
$15M$42M
$15M$45M
$15M$16M
$15M$26M
$14M$16M
$14M$15M
$14M—
$14M—
$13M$13M
$13M—
$13M$15M
$13M—
$13M—
$13M—
$12M—
$12M—
$12M—
$12M—
$12M$138M
$12M—
$12M$17M
$12M$24M
$12M—
$11M—
$11M—
$11M$29M
$11M—
$11M—
$11M—
$11M—
$11M—
$11M—
$11M—
$11M$7M
$11M—
$11M—
$11M—
$11M—
$10M—
$10M—
$10M—
$10M—
$10M—
$9M—
$9M—
$9M$11M
$9M—
$9M—
$8M$30M
$8M—
$7M—
$7M—
$7M—
$7M—
$6M—
$6M—
$6M—
$6M—
$6M—
$6M—
$6M—
$5M—
$5M—
$5M—
$5M—
$5M—
$5M—
$5M—
$4M$91M
$4M$35M
$4M—
$4M—
$4M—
$4M—
$4M—
$3M—
$3M$2M
$3M—
$3M$13M
$3M—
$3M—
$2M—
$2M—
$2M—
$2M—
$2M—
$2M—
$1M—
$984K—
$858K—
$837K—
$461K—
$454K—
$288K—
$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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