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Public Comps and Valuation Multiples
for Biopharmaceuticals

Benchmark revenue and EBITDA valuation multiples for public comps like Roche, Eli Lilly, Amgen, Johnson & Johnson and Novo Nordisk.

Biopharmaceuticals

See analyst estimates and all valuation multiples for Biopharmaceuticals
Company EV EV/LTM Revenue EV/LTM EBITDA
$805B 13.4x 30.8x
$482B 5.2x 13.8x
$449B 7.5x 17.4x
$284B 3.7x 9.4x
$280B 4.8x 13.9x
$259B 4.7x 11.4x
$242B 3.7x 8.2x
$230B 4.8x 9.9x
$208B 5.9x 11.5x
$188B 3.0x 7.6x
$169B 5.8x 11.1x
$132B 2.5x 8.5x
$128B 2.7x 7.8x
$113B 2.7x 7.9x
$104B 8.8x 22.3x
$69.6B 8.7x 17.1x
$69.2B 7.3x 16.9x
$68.5B 1.3x 6.2x
$68.0B 2.3x 8.6x
$66.3B 2.7x 9.4x
$65.0B 4.1x 12.2x
$53.6B 11.7x 39.7x
$53.6B 11.7x 39.7x
$51.5B 5.6x 19.1x
$43.4B 7.0x 24.6x
$41.6B 3.2x 15.3x
$39.1B 2.3x 7.9x
$33.9B 3.0x 14.3x
$28.6B 10.0x 28.7x
$26.8B 1.7x 7.2x
$25.9B 1.8x 6.2x
$24.8B 2.5x 7.9x
$23.6B 11.8x 31.7x
$22.7B 7.8x 8.2x
$22.2B 2.2x 6.3x
$21.8B 57.2x 626.7x
$21.7B 1.7x 7.9x
$19.2B 127.3x 229.2x
$19.0B 10.7x 84.7x
$17.5B 2.0x 8.3x
$15.3B 3.4x 12.6x
$14.8B 4.1x 11.0x
$14.7B 4.9x 13.0x
$14.1B 10.1x 30.8x
$13.7B 30.2x -866.8x
$13.6B 4.9x 20.3x
$13.6B 2.3x 13.4x
$13.6B 4.5x 11.8x
$12.9B 47.2x -290.6x
$12.6B 3.9x 16.0x
$12.3B 2.1x 14.6x
$11.9B 0.3x 5.4x
$11.9B 7.7x 30.2x
$11.2B 14.0x 44.7x
$11.1B 2.9x 11.8x
$11.0B 2.6x 6.9x
$10.9B n/a n/a
$10.6B 3.4x 8.6x
$10.6B 3.9x 13.6x
$10.5B 3.8x 15.7x
$10.3B 3.1x 7.7x
$10.0B 1.6x 5.2x
$10.0B 2.5x 9.1x
$10.0B 1.6x 12.8x
$9.9B 4.7x 12.7x
$9.3B n/a n/a
$9.0B 3.8x 6.5x
$8.7B 6.8x 10.5x
$8.6B n/a n/a
$8.2B 812.7x -39.2x
$8.1B 1.6x 12.4x
$7.6B 2.1x 10.0x
$7.5B 19.7x -454.9x
$7.3B 4.7x 23.8x
$7.2B 3.9x 18.4x
$6.7B 2.0x 7.7x
$6.6B 8.7x 32.5x
$6.6B 2.1x 9.3x
$6.4B 5.6x 19.0x
$6.4B 2.8x 7.7x
$6.3B 1.5x 8.3x
$6.3B 16.6x 24.9x
$6.2B 4.0x 50.2x
$6.1B 3.8x 20.0x
$6.1B n/a n/a
$5.9B 2.0x 8.7x
$5.9B 3.1x 12.0x
$5.4B 1.7x 7.2x
$5.4B n/a n/a
$5.3B 11.3x 35.9x
$5.2B 1.9x 5.1x
$5.2B 15.2x -74.1x
$5.2B 6.3x 28.9x
$5.2B 9.0x 27.3x
$4.9B 5.2x 13.7x
$4.9B 5.9x 20.7x
$4.8B 10.9x 34.5x
$4.6B 2768.8x -16.7x
$4.4B 3.1x 11.4x
$4.2B 8.5x 22.4x
$4.2B 1.7x 9.2x
$4.2B n/a n/a
$3.9B 2.7x 10.2x
$3.9B 3.7x 17.2x
$3.8B 34.0x -729.2x
$3.8B 12.0x 75.3x
$3.8B n/a n/a
$3.7B 7.5x 16.8x
$3.7B 2.2x 10.8x
$3.6B 5.4x 14.9x
$3.6B 5.3x 18.9x
$3.6B 4.3x 15.5x
$3.5B 104.2x n/a
$3.5B n/a n/a
$3.4B 63.3x -2593.6x
$3.4B 5.0x n/a
$3.3B 35.6x -30.1x
$3.2B n/a -20.7x
$3.2B 1.5x 10.2x
$3.2B 7.2x -73.0x
$3.1B 2.5x 11.8x
$3.1B 2.2x 8.3x
$3.0B 9.1x -140.1x
$2.9B 4.3x 12.6x
$2.9B 14.2x -62.0x
$2.8B 7.1x 21.3x
$2.8B 23.9x -108.1x
$2.8B n/a n/a
$2.7B n/a -13.9x
$2.7B 4.2x 10.3x
$2.7B 4.3x 12.0x
$2.6B 2458.7x -7.1x
$2.6B 15.1x 25.3x
$2.6B 3.7x 19.3x
$2.6B 6.6x -34.9x
$2.5B n/a -11.6x
$2.5B 3.1x 11.9x
$2.5B 13.1x 38.4x
$2.5B 3.0x 14.7x
$2.5B 3.9x 29.6x
$2.4B 16.2x n/a
$2.4B 6.4x 17.9x
$2.3B 3.0x 18.9x
$2.2B 3.8x 17.0x
$2.2B n/a -8.8x
$2.1B 9.8x -64.1x
$2.1B 6.7x 17.2x
$2.1B 5.3x 14.7x
$1.8B 4.1x n/a
$1.8B 6.9x 57.4x
$1.8B 6.5x 43.7x
$1.8B 7.3x -4.7x
$1.7B 23289.2x -8.3x
$1.7B 2.4x 4.0x
$1.7B 3.9x 15.0x
$1.7B n/a n/a
$1.7B 11.4x 27.8x
$1.7B 5.6x 10.7x
$1.6B 0.7x 4.3x
$1.6B n/a n/a
$1.6B 2.2x 6.1x
$1.6B 2.4x 10.9x
$1.6B 5.9x 23.2x
$1.5B n/a n/a
$1.5B 25.2x 51.9x
$1.5B 16.5x n/a
$1.5B 5.7x n/a
$1.5B 7.7x 25.1x
$1.4B n/a n/a
$1.4B 3.6x -289.1x
$1.4B n/a n/a
$1.4B 55.6x -13.0x
$1.4B 12.9x 351.6x
$1.4B 51.9x -11.6x
$1.3B 6.0x 25.1x
$1.3B n/a -15.8x
$1.3B 0.6x 6.4x
$1.3B 2.7x 15.2x
$1.3B 21.7x -7.0x
$1.2B n/a -8.6x
$1.2B 43.2x n/a
$1.2B 10.9x 38.8x
$1.2B n/a -6.6x
$1.2B 1.2x 5.1x
$1.2B 2.1x -96.4x
$1.2B 32.9x -6.2x
$1.2B 7.3x -577.4x
$1.2B n/a -5.7x
$1.2B 3.1x 14.0x
$1.2B 7.9x 23.9x
$1.2B 9.1x -23.8x
$1.1B n/a n/a
$1.1B 374.3x n/a
$1.1B 2.9x n/a
$1.1B 1.3x 5.4x
$1.1B 2.8x 3.3x
$1.1B 6.8x -6.7x
$1.0B 1.7x -7.5x
$999M n/a -6.8x
$991M n/a -8.1x
$986M n/a n/a
$975M n/a n/a
$961M 394.9x -6.6x
$925M 947.5x -9.5x
$913M n/a -8.2x
$913M 16.1x n/a
$904M 2.5x 51.9x
$904M 2.7x 43.1x
$897M 148882.4x -7.5x
$876M 7.6x -7.5x
$870M 7.4x 27.4x
$867M 2.7x 66.5x
$865M n/a n/a
$827M 1.4x 6.8x
$818M 2.8x 6.7x
$810M 61.7x n/a
$758M n/a -7.5x
$745M 16.4x 133.6x
$744M n/a n/a
$739M n/a n/a
$730M n/a n/a
$717M n/a n/a
$714M 6.8x 25.0x
$713M 4.8x -2.5x
$708M 1.6x 7.8x
$650M 2.4x 10.9x
$650M n/a n/a
$638M n/a n/a
$637M 58.5x -8.5x
$620M n/a n/a
$618M 4.7x -3.4x
$591M 7.8x -7.3x
$588M 29.7x -184.6x
$573M 3.3x 17.1x
$572M 45.9x -1.8x
$563M 26.4x n/a
$554M n/a -4.4x
$540M 46.8x -3.6x
$509M 183.6x -25.9x
$509M 20398.2x n/a
$506M n/a n/a
$505M 49.8x -3.9x
$502M 2.2x n/a
$493M 5.1x 14.1x
$489M 35.1x 67.4x
$480M 1.4x 5.5x
$478M n/a -3.6x
$440M 2.4x 10.1x
$438M n/a -3.2x
$429M 6.5x -18.2x
$428M n/a n/a
$424M n/a -2.9x
$412M 10.8x -4.3x
$411M 3.7x 8.7x
$410M 15.6x -8.1x
$409M 1.1x 8.1x
$406M 1.4x 10.3x
$399M 1.9x -4.6x
$398M 3.3x 63.2x
$393M 6.7x 27.9x
$366M 25.8x -8.4x
$344M 1.9x 8.0x
$332M 0.8x 8.0x
$327M 16.6x -1116.9x
$316M 4.6x 25.2x
$315M n/a n/a
$315M 57.7x -8.6x
$308M n/a n/a
$299M 2.1x -1.9x
$290M n/a n/a
$283M n/a n/a
$277M 6.9x -30.6x
$273M 33.1x -8.5x
$254M 65.9x -1.1x
$251M n/a n/a
$248M 49.7x -1.0x
$248M n/a -32.0x
$247M 10.5x -141.6x
$240M 5.0x 21.2x
$230M 5.2x 16.5x
$225M 3.5x 7.7x
$225M n/a n/a
$221M n/a -1.4x
$217M 5.6x n/a
$216M n/a n/a
$208M n/a n/a
$203M 9.1x -4.7x
$195M n/a n/a
$194M 2.4x -8.4x
$194M 1.6x 16.7x
$191M n/a n/a
$190M 21310.2x -2.0x
$190M 2.8x n/a
$189M 6.7x n/a
$187M 96.2x -5.8x
$186M 51.1x -4.2x
$182M 1257.3x n/a
$175M 13.9x -8.0x
$169M n/a -12.1x
$168M 30.3x -13.0x
$167M n/a n/a
$163M 2.7x n/a
$154M 6.8x -4.0x
$150M n/a -0.7x
$146M 2.6x 99.6x
$146M 11.5x -3.5x
$141M 31.3x -10.0x
$140M 8.0x -2.8x
$138M 391.1x n/a
$136M n/a n/a
$134M 37.0x -1.9x
$132M n/a -9.6x
$126M n/a -1.4x
$123M 103.4x -25.4x
$121M n/a n/a
$121M n/a n/a
$119M 30.8x -0.9x
$119M n/a n/a
$111M 1.6x 10.1x
$107M n/a n/a
$106M n/a n/a
$101M n/a n/a
$101M 6.7x 23.1x
$95.6M n/a n/a
$93.6M 1.1x -3.3x
$92.0M n/a n/a
$88.1M 8.1x -57.7x
$84.5M n/a n/a
$83.6M n/a -1.6x
$83.3M 0.8x -1.2x
$79.7M 9.7x -2.7x
$79.4M 3.1x 12.4x
$75.9M 17.8x -5.6x
$74.6M 1203.4x n/a
$70.0M n/a n/a
$67.0M n/a n/a
$64.6M n/a n/a
$64.6M n/a n/a
$64.0M n/a n/a
$63.0M 2.1x -0.8x
$59.6M 7.1x -8.0x
$58.9M 0.3x -1.1x
$58.6M n/a n/a
$57.9M n/a n/a
$54.9M n/a n/a
$54.8M n/a n/a
$54.8M 5.9x 2.9x
$54.7M n/a n/a
$51.9M 20.2x -1.1x
$51.7M 26.3x -147.7x
$48.6M n/a n/a
$47.3M 9.6x n/a
$46.9M 48.8x -4.9x
$44.4M 11.7x n/a
$44.3M 40.4x -4.7x
$44.1M n/a -2.4x
$43.3M 1.7x 11.9x
$42.0M 6.1x n/a
$41.0M 10.8x n/a
$38.4M 4.9x 173.8x
$37.9M 70.0x -3.0x
$36.8M n/a n/a
$36.3M n/a n/a
$34.2M 1.9x 43.0x
$33.7M n/a n/a
$33.4M n/a n/a
$32.2M n/a n/a
$30.7M 29.7x -7.9x
$29.8M n/a n/a
$28.2M n/a -15.4x
$27.9M n/a n/a
$27.5M 1.3x -0.1x
$26.1M n/a n/a
$26.0M n/a -6.2x
$25.9M n/a n/a
$25.5M n/a -5.3x
$25.5M n/a n/a
$25.3M 8.0x -6.0x
$24.1M 0.4x -0.1x
$23.1M 11.8x 1857.4x
$22.8M n/a n/a
$22.3M 15.0x -0.3x
$21.7M n/a n/a
$21.7M n/a n/a
$20.1M n/a n/a
$19.9M n/a n/a
$19.7M n/a n/a
$19.5M 2.8x 8.1x
$18.9M 2.6x -0.9x
$17.0M n/a n/a
$16.5M n/a n/a
$15.6M n/a -3.8x
$15.5M n/a n/a
$15.3M n/a n/a
$15.2M n/a n/a
$15.1M 6.8x -1.9x
$15.1M n/a n/a
$14.9M n/a -3.2x
$14.7M n/a n/a
$14.4M n/a n/a
$14.1M 3.3x -3.1x
$14.1M 9.8x -34.4x
$13.8M 0.7x -5.6x
$13.5M n/a n/a
$13.0M 12.0x -5.2x
$13.0M n/a n/a
$12.7M 75.9x -5.6x
$12.7M 4.0x -4.4x
$12.6M 16.0x -1.0x
$12.4M n/a n/a
$12.0M n/a n/a
$10.8M n/a n/a
$10.4M n/a n/a
$10.4M n/a n/a
$10.2M n/a n/a
$10.1M n/a -4.9x
$9.6M n/a n/a
$9.1M n/a n/a
$9.1M 7.6x -0.7x
$9.0M 4.9x -0.6x
$8.7M 9.6x -10.9x
$8.4M n/a n/a
$7.9M 5.1x -0.2x
$7.7M n/a -12.1x
$6.9M n/a -1.2x
$6.9M n/a n/a
$6.7M n/a n/a
$6.5M n/a -6.8x
$6.1M 12.3x n/a
$5.7M n/a n/a
$5.5M 44.1x -1.8x
$5.4M n/a n/a
$5.3M 0.7x -3.3x
$5.2M n/a n/a
$4.8M n/a -1.3x
$4.8M 25.3x -1.5x
$4.4M n/a n/a
$4.4M n/a -2.5x
$4.2M n/a n/a
$3.7M n/a n/a
$3.6M n/a n/a
$3.6M n/a n/a
$3.1M n/a n/a
$3.0M n/a n/a
$3.0M n/a n/a
$2.4M n/a n/a
$2.3M n/a n/a
$2.2M n/a n/a
$1.8M n/a n/a
$1.7M n/a n/a
$1.5M n/a n/a
$1.5M n/a 0.3x
$1.5M n/a n/a
$1.2M 1.4x n/a
$1.0M 2.5x -0.1x
$0.8M n/a n/a
$0.6M n/a n/a
$0.5M n/a n/a
$0.3M n/a n/a
$0.2M n/a n/a
$0.2M 0.0x -0.0x
$0.1M n/a n/a
-$0.2M n/a n/a
-$0.2M n/a n/a
-$0.3M n/a n/a
-$0.4M n/a n/a
-$4.5M n/a n/a
-$5.5M n/a n/a
-$7.4M n/a 0.9x
-$22.2M -5.1x 0.3x
-$27.3M -11.7x n/a
-$101M -41.7x 0.5x
-$122M -4.0x 0.7x
-$1.5B -4.6x 6.1x

Valuation multiples as of last 12 months (LTM). Financial data powered by Morningstar, Inc.

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