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Public Comps and Valuation Multiples
for Cloud Infrastructure

Benchmark revenue and EBITDA valuation multiples for public comps like ServiceNow, Alphabet, Amazon, Microsoft and Tata Consultancy Services.

Cloud Infrastructure

See analyst estimates and all valuation multiples for Cloud Infrastructure
Company EV EV/Revenue EV/EBITDA
$3.03T 11.4x 20.7x
$2.32T 3.6x 15.9x
$2.13T 6.0x 13.8x
$547B 9.7x 18.3x
$308B 2.2x 11.7x
$286B 4.5x 17.9x
$269B 4.9x 12.6x
$190B 16.9x 49.9x
$152B 5.2x 19.5x
$102B 1.1x 9.4x
$83.8B 4.4x 18.6x
$52.0B 30.1x 142.4x
$50.4B 3.8x 17.2x
$32.6B 3.2x 15.8x
$30.1B 1.4x 14.2x
$27.4B 5.9x 19.3x
$26.4B 2.5x 12.3x
$25.7B 1.4x 5.8x
$25.3B 3.9x 12.4x
$23.1B 14.8x 19.5x
$20.8B 10.4x 79.7x
$18.3B 7.9x 41.9x
$15.5B 9.5x 21.9x
$14.5B 3.6x 8.6x
$12.3B 2.4x 14.3x
$12.2B 7.2x 21.4x
$11.8B n/a n/a
$9.6B 9.6x 169.9x
$9.5B 3.7x 8.9x
$6.8B 0.4x 21.3x
$6.5B 3.9x 11.7x
$6.0B 22.5x 45.1x
$5.9B 5.2x 18.7x
$5.8B 8.5x 620.2x
$5.6B 0.8x 3.9x
$5.4B 5.0x 26.6x
$5.4B 4.9x 16.4x
$5.3B 4.9x -16332.1x
$4.8B 6.1x 15.1x
$4.6B 6.7x 42.9x
$4.3B 2.6x 9.0x
$4.2B 2.0x n/a
$3.8B 1.4x 16.1x
$3.2B 1.1x 7.2x
$3.0B 7.9x -28.8x
$2.9B 12.2x 43.0x
$2.7B 1.1x 7.8x
$2.5B 0.9x 7.6x
$2.5B 0.3x 6.2x
$2.2B n/a n/a
$2.1B 3.0x 113.1x
$2.0B 1.9x 4.8x
$2.0B 1.1x 8.8x
$1.9B 7.9x 43.2x
$1.4B n/a n/a
$1.2B 1.6x 12.7x
$1.1B 2.1x 38.2x
$1.1B 1.3x 9.3x
$1.1B 8.1x 29.8x
$1.1B 3.1x 5.7x
$1.0B 5.3x n/a
$869M n/a n/a
$768M 0.7x 3.4x
$745M 0.4x 6.1x
$702M 118.3x -19.3x
$698M 1.3x 10.1x
$689M 4.0x 11.4x
$675M n/a n/a
$648M 1.8x n/a
$581M 3.4x 12.3x
$498M 6.5x n/a
$472M 0.2x 1.6x
$411M n/a n/a
$400M n/a n/a
$400M 3.1x 28.1x
$355M 3.5x 10.5x
$338M n/a n/a
$286M 0.6x 6.1x
$285M 1.6x 5.9x
$271M 2.9x n/a
$248M 5.6x 15.1x
$242M 8.9x 213.4x
$224M 0.9x 4.7x
$208M 10.0x -20.3x
$192M 3.4x 16.5x
$174M 2.8x 25.0x
$170M n/a n/a
$168M 0.5x n/a
$132M 1.1x 8.3x
$128M 1.9x 7.3x
$127M 5.5x n/a
$118M 3.0x 9.1x
$112M 1.8x n/a
$109M 0.6x 2.5x
$90.8M n/a n/a
$84.7M 1.2x 4.8x
$76.2M n/a n/a
$74.2M n/a n/a
$51.2M n/a n/a
$40.0M n/a n/a
$28.7M 0.2x 3.7x
$16.6M 0.6x 13.0x
$15.0M 1.3x -3.8x
$14.2M n/a n/a

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

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