Public Comps and Valuation Multiples for Horizontal SaaS

Benchmark revenue and EBITDA valuation multiples for public comps like
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Horizontal SaaS

CompanyMarket CapEnterprise ValueLTM RevenueEV/LTM RevenueEV/LTM EBITDA
$4.2T$4.1T$471B8.8x19.1x
$3.7T$3.6T$345B10.6x17.4x
$446B$571B$74B7.7x13.6x
$432B$445B$65B6.9x17.8x
$361B$384B$165B2.3x19.4x
$297B$297B$12B25.0x74.5x
$277B$269B$158B1.7x13.5x
$243B$239B$5.6B42.9x145.7x
$243B$242B$45B5.3x16.8x
$216B$273B$70B3.9x14.2x
$196B$226B$45B5.1x12.0x
$165B$161B$14B11.3x61.9x
$140B$144B$15B9.3x24.4x
$125B$121B$7.7B15.6x41.2x
$117B$118B$5.7B20.6x119.3x
$115B$115B$2.7B42.9x179.0x
$103B$104B$7.4B14.0x16.8x
$99B$100B$26B3.8x8.1x
$83B$79B$4.2B18.9x75.3x
$81B$82B$22B3.8x8.9x
$79B$76B$30B2.6x9.7x
$74B$81B$9.4B8.6x20.9x
$61B$80B$494M161.8x(13.7x)
$61B$63B$2.6B24.6x65.0x
$58B$70B$13B5.2x12.9x
$49B$6.8B
$47B$10B
$45B$11B
$42B$18B
$41B$6.6B
$39B$7.4B
$37B$5.7B
$37B$39B
$35B$14B
$32B$3.4B
$32B$3.1B
$31B$2.8B
$30B$19B
$27B$1.7B
$27B-
$26B$5.1B
$26B$5.2B
$26B$5B
$24B$3.4B
$23B$3.2B
$22B$1.6B
$19B$2.9B
$18B$24B
$18B$2.1B
$17B$7.2B
$17B$5.2B
$16B$2.2B
$15B$1B
$15B$1.1B
$15B$4.4B
$14B$12B
$14B$1.5B
$14B$902M
$14B$9.8B
$14B$4.3B
$14B$2.8B
$13B$3.4B
$13B$2.8B
$13B$11M
$12B$5.2B
$12B$1.1B
$12B$3.7B
$12B$1.4B
$11B$618M
$11B$1.2B
$11B$3.5B
$11B$13B
$10B$2.2B
$9.2B$1.3B
$9.1B$1.8B
$8.3B$807M
$8.2B$1.1B
$8B$1.5B
$8B$648M
$7.9B$2.5B
$7.9B$1.9B
$7.8B$1.1B
$7.6B$17B
$7.6B$1.8B
$7.6B$1.8B
$7.6B$1.7B
$7.3B$229M
$7.1B$3.6B
$7B$1.7B
$6.6B$793M
$6.6B$2.8B
$6.6B$896M
$6.4B$1.8B
$6.3B$3.1B
$6.2B$4.7B
$6.1B$404M
$6.1B$57B
$6.1B$717M
$6B$2.6B
$6B$1.2B
$5.8B$581M
$5.8B$1.8B
$5.7B$973M
$5.6B$746M
$5.5B$1.9B
$5.5B$706M
$5.5B$5.2B
$5.4B$7.2B
$5.3B$1.1B
$5.3B$1.6B
$5.3B$2.7B
$5.1B$1.6B
$4.8B$1.4B
$4.7B$585M
$4.6B$1.2B
$4.4B$139M
$4.4B$1.4B
$4.1B$657M
$4.1B$6.1B
$4.1B$1.7B
$4B$998M
$3.9B$1.1B
$3.9B$1.1B
$3.9B$963M
$3.9B$2.3B
$3.8B$708M
$3.8B$1.4B
$3.8B$90B
$3.6B$735M
$3.6B$1.4B
$3.6B$23B
$3.5B$196M
$3.4B$613M
$3.4B$238M
$3.4B$1.1B
$3.3B$2.2B
$3.3B$2.9B
$3.2B$279M
$3.2B$930M
$3.2B$678M
$3B$1B
$3B$41M
$2.9B$1.8B
$2.9B$1.3B
$2.9B$2.9B
$2.9B$313M
$2.9B$780M
$2.8B$673M
$2.8B$485M
$2.8B$881M
$2.8B$849M
$2.7B$424M
$2.7B$2.4B
$2.7B$815M
$2.7B$1.7B
$2.6B$219M
$2.6B$63B
$2.5B$385M
$2.5B-
$2.4B$1.9B
$2.4B$1.2B
$2.4B$311M
$2.3B$949M
$2.3B$3.3B
$2.3B$851M
$2.2B$1.1B
$2.2B$836M
$2.2B$123M
$2.1B$996M
$2.1B$1.7B
$2.1B$378M
$2.1B$790M
$2.1B$439M
$2B-
$2B$66M
$2B-
$2B$328M
$1.9B$805M
$1.9B$82M
$1.9B$593M
$1.9B$319M
$1.9B$1.5B
$1.9B$251M
$1.9B-
$1.9B$1.7B
$1.8B$248M
$1.8B-
$1.8B$325M
$1.7B$355M
$1.7B-
$1.7B$239M
$1.7B$75M
$1.7B$239M
$1.7B$359M
$1.6B$391M
$1.6B$993M
$1.6B$748M
$1.6B$863M
$1.6B$73M
$1.5B$372M
$1.5B$14M
$1.5B$386M
$1.5B$282M
$1.5B$224M
$1.4B$1.5B
$1.4B$194M
$1.4B$428M
$1.4B$251M
$1.3B$141M
$1.3B$52M
$1.3B$612M
$1.3B$4B
$1.3B$845M
$1.2B$864M
$1.2B$324M
$1.2B$102M
$1.2B$130M
$1.2B$474M
$1.2B$2.4B
$1.2B-
$1.1B$884M
$1.1B-
$1.1B$1.2B
$1.1B$494M
$1.1B$443M
$1.1B$2.1B
$1B-
$1B-
$1B$156M
$1B$401M
$1B$610M
$1B$118M
$989M$752M
$988M$329M
$986M$267M
$981M$260M
$973M$1.9B
$969M$434M
$969M$2.6B
$966M$350M
$946M$272M
$934M-
$923M-
$917M-
$904M$133M
$887M$265M
$874M$578M
$874M-
$858M$271M
$850M$193M
$845M$335M
$835M$699M
$821M$117M
$820M$389M
$818M$1.1B
$815M$165M
$807M$845M
$805M$103M
$805M$1.2B
$800M$135M
$799M$301M
$784M$179M
$755M$197M
$741M$140M
$739M$644M
$735M$208M
$734M$139M
$731M-
$727M$2B
$726M$307M
$725M$533M
$716M$236M
$708M-
$704M$248M
$675M$467M
$670M$288M
$668M$622M
$660M$204M
$653M$339M
$645M$248M
$643M$1.3B
$640M$358M
$627M$311M
$621M$430M
$619M$237M
$616M$484M
$614M$94M
$610M-
$608M$444M
$604M-
$602M$257M
$599M$584M
$593M-
$590M$133M
$580M$89M
$569M$56M
$562M$123M
$550M-
$527M$80M
$526M$50M
$522M$1B
$513M$55M
$505M$259M
$496M$384M
$494M$32M
$492M$113M
$488M-
$485M$32M
$480M$1.2B
$477M$359M
$472M$216M
$464M$70M
$458M$386M
$448M$318M
$447M$162M
$446M$78M
$445M-
$444M$621M
$443M-
$435M$193M
$432M$302M
$426M$257M
$425M-
$423M$261M
$419M$106M
$412M-
$401M$107M
$395M$1M
$394M$112M
$394M$38M
$393M$95M
$389M$323M
$389M$177M
$388M$26M
$385M-
$378M-
$371M$140M
$369M$212M
$368M$254M
$363M-
$361M$216M
$357M$71M
$357M$511M
$353M$218M
$347M-
$340M$458M
$338M$158M
$329M-
$329M$82M
$326M$132M
$308M$840M
$305M$478M
$304M$184M
$304M$530K
$299M$481M
$296M$62M
$296M$44M
$295M$79M
$293M$264M
$293M$1.1B
$291M$273M
$282M$326M
$282M$80M
$280M$19M
$280M$151M
$278M$155M
$278M$490M
$278M$89M
$275M$32M
$274M$346M
$274M-
$269M$196M
$269M$132M
$263M-
$260M$309M
$260M$220M
$256M-
$256M$745M
$252M$244M
$250M$199M
$249M$28M
$248M$135M
$245M$734M
$243M$140M
$239M$390M
$234M$155M
$232M$69M
$230M$345M
$227M$130M
$216M-
$213M$126M
$210M$224M
$207M$49M
$207M$28M
$204M$183M
$204M$138M
$203M$267M
$202M-
$201M$108M
$199M-
$199M$126M
$196M$62M
$195M$137M
$195M$108M
$192M$197M
$187M$48M
$187M$89M
$187M$13M
$184M$58M
$178M$53M
$177M$87M
$177M$315M
$177M$1M
$176M$144M
$175M$131M
$175M$1.9B
$174M$62M
$172M$64M
$169M$58M
$168M$118M
$167M-
$166M$118M
$164M$89M
$163M$32M
$160M-
$158M$46M
$157M$39M
$157M-
$156M$34M
$153M$146M
$153M$52M
$150M-
$149M$24M
$147M$75M
$147M$55M
$142M-
$142M-
$140M$90M
$139M-
$137M$79M
$136M$26M
$133M$330M
$127M$116M
$127M-
$126M$33M
$126M$56M
$125M-
$123M$61M
$122M$95M
$122M$33M
$120M$30M
$120M-
$119M-
$119M$21M
$119M$18M
$118M-
$117M-
$114M$390M
$113M$206M
$113M$23M
$113M$212M
$112M$29M
$111M$100M
$110M-
$109M$101M
$108M$82M
$108M-
$108M-
$108M$289M
$107M-
$105M$7M
$104M$91M
$103M$31M
$102M$49M
$101M$48M
$100M-
$98M$25M
$98M$23M
$97M-
$97M$62M
$96M$41M
$95M$35M
$95M$79M
$94M$12M
$93M$12M
$92M$43M
$90M$78M
$89M$167M
$89M$22M
$87M$73M
$86M$30M
$86M-
$85M$290M
$84M-
$83M-
$82M-
$82M-
$81M-
$81M$663M
$80M$137M
$79M$21M
$78M$84M
$76M-
$76M-
$76M$80M
$75M$327M
$73M-
$72M$31M
$72M-
$71M$20M
$70M$100M
$70M$39M
$70M$27M
$67M$33M
$67M$133M
$66M$67M
$66M$15M
$66M$155M
$65M-
$65M$816K
$65M$472M
$65M-
$64M-
$63M$55M
$62M$19M
$62M-
$62M-
$61M-
$60M$2B
$59M-
$59M$324M
$58M$55M
$58M$33M
$57M$46M
$57M-
$56M$35M
$56M$51M
$56M$11M
$55M-
$53M$134M
$52M$106M
$52M$38M
$52M$20M
$52M$22M
$51M$38M
$51M-
$51M$10M
$50M$11M
$50M$17M
$49M$20M
$49M$1.2B
$48M$46M
$48M-
$48M$22M
$47M$42M
$46M$12M
$46M$31M
$46M$92M
$46M$1M
$46M$25M
$45M$17M
$45M-
$45M$23M
$44M-
$43M$8M
$43M$85M
$42M$3M
$42M-
$41M-
$40M$116M
$40M$1M
$39M$236M
$39M$3M
$38M$244M
$37M-
$37M$38M
$37M$46M
$35M$22M
$35M$57M
$34M$44M
$34M-
$34M$19M
$34M$11M
$34M$31M
$34M$8M
$34M$86M
$33M-
$33M$14M
$33M-
$32M-
$31M$40M
$31M$90M
$31M$98M
$31M$51M
$31M$36M
$29M$169M
$29M$39M
$28M-
$28M$172M
$26M$3M
$26M$25M
$26M$1.1B
$25M-
$25M$21M
$24M$25M
$24M$21M
$24M$10M
$24M-
$23M$57M
$23M$27M
$23M-
$23M$11M
$22M$172M
$21M-
$21M-
$21M$69M
$21M$10M
$21M-
$21M$43M
$20M$188M
$20M$73M
$20M$3M
$20M$6M
$20M-
$19M-
$19M-
$19M-
$19M-
$18M$45M
$18M$16M
$18M-
$18M$44M
$18M-
$17M$55M
$17M-
$17M$10M
$16M$4M
$16M-
$16M$6M
$15M-
$15M-
$15M$29M
$15M$6M
$15M-
$15M-
$15M$24M
$15M-
$14M$41M
$14M-
$14M-
$14M-
$14M-
$12M-
$12M-
$12M-
$11M-
$11M$62M
$11M-
$11M-
$11M$201M
$11M-
$11M$22M
$11M$15M
$11M-
$11M-
$11M-
$10M-
$10M$38M
$10M-
$10M-
$10M-
$10M-
$9M-
$9M-
$9M-
$9M-
$9M-
$8M-
$8M-
$8M$28M
$8M-
$8M-
$7M$6M
$7M-
$7M-
$7M-
$7M$7M
$7M$5M
$7M-
$7M$26M
$6M-
$6M-
$6M-
$6M$32M
$6M$7M
$6M-
$6M-
$6M-
$5M-
$5M-
$5M-
$5M-
$5M-
$5M-
$5M$11M
$4M-
$4M-
$4M-
$4M-
$4M-
$3M-
$3M-
$3M-
$3M-
$3M-
$3M$2M
$3M-
$3M$2M
$3M$7M
$2M$13M
$2M-
$2M$4M
$2M-
$1M-
$1M-
$1M$33M
$1M-
$1M-
$1M-
$977K-
$619K-
$519K-
$498K-
$464K-
$275K-
$245K-
$79K-
$56K-
$0K-
$0K$169M
--

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