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Public Comps and Valuation Multiples
for Biopharmaceuticals

Benchmark revenue and EBITDA valuation multiples for public comps like Eli Lilly, Pfizer, Novartis, Novo Nordisk and Amgen.

Biopharmaceuticals

See analyst estimates and all valuation multiples for Biopharmaceuticals
Company EV EV/LTM Revenue EV/LTM EBITDA
$693B 12.4x 29.4x
$454B 5.0x 13.5x
$431B 7.3x 15.9x
$285B 3.7x 9.4x
$273B 4.7x 13.6x
$269B 4.9x 11.9x
$260B 5.4x 11.0x
$235B 3.6x 8.2x
$202B 5.8x 10.9x
$188B 3.0x 7.6x
$159B 5.5x 11.2x
$133B 2.8x 9.3x
$131B 2.5x 8.4x
$98.3B 2.3x 6.8x
$95.7B 8.2x 24.7x
$75.4B 4.8x 14.5x
$74.7B 2.4x 9.3x
$74.0B 7.8x 18.1x
$70.3B 1.3x 6.2x
$64.9B 8.0x 15.8x
$63.7B 2.6x 9.1x
$54.0B 6.0x 20.8x
$53.4B 12.1x 42.1x
$42.2B 3.2x 15.2x
$40.8B 6.6x 23.0x
$35.3B 2.1x 7.3x
$31.1B 2.8x 13.4x
$28.9B 10.1x 30.7x
$26.4B 1.6x 7.0x
$26.1B 1.8x 6.1x
$23.8B 1.8x 8.9x
$23.4B 12.2x 32.7x
$23.3B 2.4x 7.2x
$22.5B 2.3x 6.6x
$21.9B 7.5x 8.0x
$19.1B 12.4x 198.7x
$18.1B 2.1x 8.5x
$18.1B 39.0x 130.9x
$17.1B 41.2x -6126.0x
$16.6B 3.8x 15.0x
$15.6B 109.8x 208.2x
$15.1B 5.1x 13.6x
$14.2B 10.2x 31.1x
$13.4B 4.2x 16.5x
$13.2B 5.0x 20.8x
$12.9B 47.7x -334.1x
$12.9B 2.2x 14.2x
$12.7B 3.6x 9.7x
$12.5B 3.1x 11.6x
$12.4B 8.2x 32.2x
$12.4B 2.2x 15.5x
$11.8B 3.1x 12.0x
$11.7B 0.3x 5.3x
$11.7B 4.1x 11.2x
$11.4B 5.9x 18.5x
$11.0B 3.5x 8.9x
$10.7B 3.9x 13.5x
$10.7B 1.7x 5.5x
$10.5B 2.5x 7.0x
$10.5B 3.3x 8.2x
$10.3B 1.7x 13.2x
$10.2B 3.8x 15.6x
$9.5B 7.8x 11.9x
$9.0B 30.2x -362.5x
$8.4B 1.6x 12.8x
$8.4B n/a n/a
$8.0B 4.0x 7.0x
$7.8B 10.5x 34.6x
$7.7B n/a n/a
$7.6B 18.7x 26.4x
$7.4B 2.3x 9.9x
$7.3B 9.6x 35.6x
$7.1B 4.6x 23.3x
$6.9B 3.8x 18.0x
$6.8B 1.8x 8.9x
$6.8B n/a n/a
$6.8B 2.1x 7.8x
$6.7B 19.6x -117.8x
$6.5B 1.6x 8.3x
$6.3B 4.0x 21.1x
$6.2B 2.7x 9.9x
$6.1B 4.0x 54.3x
$6.0B 522.9x -30.3x
$5.9B 5.0x 16.3x
$5.9B 7.2x 25.1x
$5.7B 17.3x -53.0x
$5.7B 10.6x 34.8x
$5.5B 6.8x 30.5x
$5.5B 1.9x 8.3x
$5.3B 5.8x 14.1x
$5.2B 2.0x 5.3x
$5.2B 1.6x 7.0x
$5.2B n/a n/a
$5.2B 2.8x 11.2x
$5.0B 11.4x 36.0x
$4.8B n/a n/a
$4.8B 11.0x 38.6x
$4.6B 9.6x 31.2x
$4.3B 12.4x 87.0x
$4.3B 1.7x 7.0x
$4.2B 6.3x n/a
$4.2B 3.0x 10.8x
$4.1B 8.7x 19.9x
$4.0B 6.1x 15.8x
$3.9B 38.5x -43.8x
$3.8B 2.6x 9.9x
$3.8B 4.7x n/a
$3.6B 6.0x 17.7x
$3.6B 35.1x -12532.4x
$3.6B 4.2x 15.5x
$3.5B 2.1x 10.3x
$3.4B 18.2x -73.3x
$3.4B 5.0x 16.4x
$3.3B 1.6x 10.6x
$3.2B 41.3x 268.3x
$3.2B 2.3x 8.5x
$3.2B n/a n/a
$3.1B n/a n/a
$3.0B 772.3x -9.0x
$2.9B 2.4x 11.6x
$2.9B 2.6x 12.4x
$2.9B 7.5x 22.1x
$2.9B 16.2x -40.5x
$2.8B n/a n/a
$2.8B 3.5x 18.0x
$2.7B 27.4x -45.6x
$2.6B 4.4x 14.5x
$2.5B 3.2x 17.3x
$2.5B 6.7x 18.9x
$2.5B 19.9x 34.1x
$2.5B 6.6x 15.2x
$2.4B 3.2x 12.3x
$2.3B 5.8x 17.3x
$2.2B n/a -15.4x
$2.2B 3.9x 43.5x
$2.1B 6.3x -31.0x
$2.1B 7.0x 13.5x
$2.1B 3.0x 11.9x
$2.0B 40.2x n/a
$2.0B 14.1x n/a
$2.0B 13.5x 32.7x
$2.0B n/a n/a
$2.0B 53.8x n/a
$1.9B 3.0x 7.1x
$1.9B 4.4x n/a
$1.9B 4.4x 17.0x
$1.8B 2.5x 6.7x
$1.8B n/a n/a
$1.8B 2.5x 4.2x
$1.8B 6.2x -26.7x
$1.8B 0.8x 4.7x
$1.7B 4.7x -14.2x
$1.6B 6.4x 26.4x
$1.6B n/a -6.9x
$1.6B 7.1x 25.0x
$1.6B n/a n/a
$1.5B 2.4x 10.4x
$1.5B 4.1x -106.4x
$1.5B 5.8x 46.4x
$1.5B n/a -7.8x
$1.4B 69.9x -16.4x
$1.4B 20.1x -8.5x
$1.4B 1.4x 5.8x
$1.4B n/a n/a
$1.4B 5.3x n/a
$1.3B 5.6x 71.3x
$1.3B 2.2x -76.0x
$1.3B 3.1x 15.4x
$1.3B 16.4x 28.6x
$1.3B 1.9x -9.1x
$1.2B n/a -6.9x
$1.2B 0.5x 4.8x
$1.2B 3.3x n/a
$1.2B 6.4x 21.8x
$1.2B 2.5x 14.5x
$1.1B 10.1x 40.5x
$1.1B n/a n/a
$1.1B 10.3x 288.9x
$1.1B 5.2x 13.6x
$1.0B 9.9x 42.4x
$1.0B n/a n/a
$1.0B n/a n/a
$984M 3.5x 4.3x
$972M n/a n/a
$967M 2.9x 64.9x
$944M n/a n/a
$939M 7.8x -3.2x
$933M 7.2x -5.1x
$882M n/a -10.8x
$881M 103.5x -12.4x
$876M n/a n/a
$876M 2.8x 40.8x
$874M n/a -2.4x
$861M 7.4x -12.6x
$856M 13162.3x -4.0x
$848M 1.0x 4.7x
$838M 6.2x -31.6x
$819M 7.3x -7.4x
$818M 1.3x 6.4x
$777M n/a -3.6x
$746M 3.7x n/a
$745M n/a n/a
$724M n/a n/a
$720M 2.4x 6.4x
$716M 151839.7x -6.1x
$699M 58.1x -5.8x
$695M n/a -4.8x
$694M n/a n/a
$694M 32.3x -216.4x
$693M 6.6x 24.3x
$691M n/a n/a
$690M n/a n/a
$684M n/a -3.5x
$667M 208.3x -2.6x
$664M 2.5x 9.9x
$662M 1.9x 23.1x
$660M 1.5x 7.2x
$658M 692.3x -7.2x
$613M 11.4x n/a
$607M 52.3x n/a
$602M n/a -4.5x
$594M 563.7x -30.4x
$583M 3.2x 16.2x
$544M n/a -4.3x
$543M 143.6x n/a
$517M 5.1x 15.1x
$512M 198.7x -3.9x
$501M n/a n/a
$500M n/a n/a
$475M 6.9x -22.7x
$457M 1.4x 5.5x
$453M 1.2x 9.1x
$453M 26.3x -12.1x
$450M 1.6x 11.2x
$450M 9.7x 78.8x
$449M 19.1x n/a
$448M n/a n/a
$439M 2.8x 12.5x
$429M n/a n/a
$422M 3.5x 381.5x
$412M 49.7x -2.2x
$408M n/a n/a
$406M 3.5x 7.7x
$386M 6.8x -4.9x
$378M 19.0x -1281.3x
$369M n/a -3.0x
$365M n/a -3.2x
$353M 80.1x n/a
$347M 6.1x 23.9x
$337M 1.9x 8.3x
$336M 9.2x -2.8x
$329M 13.4x -6.1x
$329M 3.9x -7.9x
$328M 4.9x 32.9x
$328M 0.8x 7.2x
$327M 2.3x -1.9x
$327M 1.3x -1.0x
$313M n/a -41.6x
$304M n/a -2.8x
$300M 2.7x -4.0x
$294M 6.8x 29.3x
$294M 15.5x 25.2x
$288M n/a n/a
$280M n/a n/a
$277M 4.5x 10.0x
$263M n/a n/a
$256M n/a n/a
$255M n/a -2.7x
$251M 5.3x 19.3x
$246M 4.3x -3.5x
$240M n/a n/a
$236M 6.0x -22.0x
$232M 43.1x -6.1x
$223M 12.6x -9.6x
$221M 3.0x -6.5x
$216M 9.3x -5.5x
$215M n/a -1.7x
$210M 1.1x -1.9x
$209M 23.2x -1.5x
$207M n/a n/a
$204M 3.1x n/a
$198M 1.5x -1.1x
$196M n/a n/a
$194M n/a -1.2x
$193M n/a n/a
$186M 47.6x -0.8x
$184M n/a -12.1x
$182M 2.2x 12.9x
$182M 2.1x -7.5x
$181M 25.3x -5.7x
$176M 1.4x 13.3x
$176M n/a n/a
$170M n/a n/a
$167M 4.9x n/a
$166M 42.5x -5.8x
$162M n/a n/a
$160M 13344.5x -1.6x
$158M 20.8x -4.4x
$153M 67253.7x -10.1x
$141M n/a n/a
$140M n/a n/a
$140M 5.0x -4.8x
$138M 11.5x -3.0x
$137M n/a n/a
$128M n/a n/a
$128M 27.0x -3.2x
$127M n/a -1.3x
$118M 11.6x -5.2x
$114M 2.0x 55.8x
$114M 5.8x 21.8x
$112M 34.0x -1.7x
$111M 1.8x 10.7x
$108M 3.8x -1.3x
$107M n/a n/a
$103M n/a n/a
$95.5M 1.6x n/a
$92.9M n/a -6.5x
$92.5M 16.8x -7.8x
$90.5M 22.2x -0.7x
$90.2M n/a n/a
$89.5M 12.0x -3.0x
$83.5M 2.6x 11.1x
$82.5M n/a n/a
$82.1M 2.4x 9.6x
$81.9M 1.4x n/a
$77.3M n/a -12.3x
$75.0M n/a n/a
$73.9M n/a n/a
$72.0M 11.3x 9.5x
$71.8M n/a n/a
$67.0M n/a n/a
$65.9M n/a n/a
$63.8M n/a n/a
$63.6M n/a n/a
$63.0M 5.3x 18.8x
$55.4M n/a n/a
$55.0M 11.6x n/a
$54.2M n/a n/a
$53.5M 9.1x -39.0x
$52.8M n/a n/a
$48.4M 743.5x n/a
$46.4M 8.0x -5.4x
$45.8M 122.3x n/a
$43.3M 6.8x n/a
$43.1M 39.6x -4.6x
$43.0M n/a -1.0x
$41.3M n/a -1.9x
$40.2M n/a -10.9x
$37.4M 2.2x -0.2x
$37.1M 71.4x -3.0x
$36.6M 78.2x -4.0x
$36.1M n/a -2.9x
$35.9M n/a n/a
$35.6M 3.4x -8.0x
$34.0M n/a n/a
$33.8M n/a n/a
$33.6M n/a -0.2x
$33.5M n/a n/a
$33.1M n/a -5.7x
$32.9M 7.8x n/a
$32.5M 1.3x 8.5x
$32.4M n/a n/a
$32.3M n/a n/a
$30.8M 18.1x -55.0x
$29.3M 19.1x -41.6x
$28.7M n/a n/a
$28.3M n/a n/a
$28.1M 0.5x -0.1x
$28.0M n/a -17.3x
$27.6M n/a n/a
$27.3M 0.1x -0.4x
$27.2M n/a n/a
$25.9M n/a -15.6x
$25.0M 56.9x -6.1x
$24.3M n/a n/a
$23.5M n/a n/a
$23.3M n/a n/a
$23.2M n/a n/a
$22.1M n/a n/a
$21.7M n/a -0.1x
$21.6M n/a n/a
$20.7M n/a n/a
$20.2M n/a -14.6x
$18.5M 9.8x -0.1x
$18.0M n/a n/a
$17.8M 40.7x -1.8x
$17.3M n/a n/a
$16.6M n/a n/a
$16.4M n/a n/a
$16.3M 7.7x -1.1x
$15.8M n/a n/a
$15.8M 9.3x n/a
$15.6M 2.5x 7.8x
$15.5M 2.6x -2.1x
$15.2M n/a n/a
$14.9M n/a n/a
$14.8M 1.7x -1.0x
$14.7M n/a -4.2x
$14.5M n/a n/a
$14.3M n/a n/a
$14.0M n/a n/a
$13.8M 2.1x -10.7x
$13.6M 1.1x -0.0x
$13.5M 13.0x -5.6x
$13.3M 12.6x -1.7x
$12.9M n/a n/a
$12.0M n/a n/a
$12.0M n/a n/a
$11.6M 3.3x -3.7x
$11.5M n/a n/a
$11.5M 8.8x -2.8x
$11.1M 5.7x -0.7x
$11.0M 150.9x -7.7x
$10.2M n/a n/a
$9.8M n/a -4.9x
$9.5M 7.7x -17.1x
$8.6M n/a n/a
$8.5M n/a n/a
$8.4M n/a n/a
$7.7M n/a -3.0x
$7.5M 35.8x -2.3x
$7.3M n/a -3.7x
$7.2M 23.0x n/a
$7.0M 20.5x -1.9x
$6.9M n/a n/a
$6.9M n/a -7.6x
$6.7M n/a -1.4x
$6.1M n/a n/a
$5.9M n/a n/a
$5.9M n/a n/a
$5.9M n/a n/a
$5.7M 11.5x n/a
$5.7M n/a -1.6x
$5.5M n/a n/a
$4.9M n/a n/a
$4.2M 0.6x -2.7x
$4.1M n/a n/a
$4.0M n/a n/a
$3.6M n/a n/a
$3.6M n/a n/a
$2.9M n/a n/a
$2.6M n/a n/a
$2.5M 6.3x -0.8x
$2.2M n/a n/a
$2.0M n/a n/a
$1.9M n/a n/a
$1.7M n/a 2.8x
$1.6M n/a n/a
$1.2M n/a n/a
$1.2M n/a n/a
$1.2M n/a n/a
$1.0M 1.3x -0.1x
$0.8M n/a n/a
$0.7M n/a n/a
$0.6M 0.7x n/a
$0.5M n/a n/a
$0.5M 0.0x -0.0x
$0.5M n/a n/a
$0.1M n/a n/a
-$9K n/a n/a
-$0.8M n/a n/a
-$1.0M -0.4x 0.0x
-$1.1M n/a n/a
-$1.9M -107.5x 0.2x
-$2.1M -0.9x 0.0x
-$4.5M n/a n/a
-$6.2M n/a n/a
-$6.3M n/a n/a
-$14.5M n/a n/a
-$17.8M -5.3x 0.4x
-$24.1M n/a n/a
-$25.9M -0.6x 0.2x
-$26.2M -5.1x n/a
-$103M -70.2x 0.5x
-$116M -34.5x 1.4x
-$1.4B -4.1x 7.6x

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

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