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Largest B2B SaaS Public Companies

Benchmark revenue and EBITDA valuation multiples for public comps like Alphabet, Microsoft, Oracle, Cisco and Palantir.

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United States
$343
+115%
$4.2T
$4.1T
9.6x
21.4x
United States
$425
+7%
$3.2T
$3.1T
9.8x
16.4x
United States
$173
+23%
$498B
$617B
9.3x
16.9x
United States
$89
+54%
$352B
$366B
6.1x
15.6x
United States
$143
+21%
$342B
$335B
62.7x
116.7x
China
$17
+12%
$323B
$312B
2.1x
17.3x
United States
$232
-4%
$218B
$276B
4.0x
14.4x
Germany
$165
-44%
$192B
$190B
4.2x
13.4x
Canada
$126
+32%
$164B
$158B
12.6x
71.6x
United States
$448
+66%
$151B
$152B
24.1x
29.0x
United States
$178
-34%
$146B
$153B
3.6x
8.8x
United States
$179
-4%
$145B
$141B
13.1x
41.8x
United States
$216
+135%
$140B
$160B
1.3x
12.3x
United States
$437
-13%
$129B
$141B
9.0x
17.5x
United States
$448
+4%
$114B
$109B
21.5x
78.3x
United States
$396
-37%
$109B
$113B
5.5x
12.9x
United States
$245
-35%
$99B
$99B
4.0x
8.3x
United States
$501
+9%
$96B
$105B
12.6x
32.4x
United States
$90
-53%
$93B
$90B
6.4x
17.4x
India
$25
-32%
$92B
$88B
3.0x
11.2x
United States
$333
+12%
$92B
$91B
16.4x
34.8x
United States
$456
+1%
$80B
$85B
10.8x
21.0x
United States
$207
+71%
$73B
$72B
30.5x
137.1x
United Kingdom
$36
-33%
$65B
$74B
5.6x
14.0x
United States
$84
-19%
$62B
$60B
8.5x
22.9x
United States
$113
+174%
$60B
$86B
11.6x
19.4x
United States
$171
-55%
$60B
$73B
150.4x
1712.7x
United States
$237
-13%
$50B
$50B
6.8x
17.0x
United States
$140
-12%
$49B
$47B
9.5x
64.1x
Canada
$410
+382%
$47B
$47B
3.4x
38.0x
United States
$129
+27%
$46B
$43B
11.7x
48.6x
United States
$566
+31%
$45B
$46B
10.3x
29.4x
China
$15
+40%
$42B
$40B
2.1x
11.7x
Canada
$1,763
-51%
$37B
$40B
3.3x
11.5x
Netherlands
$147
+547%
$37B
$38B
27.3x
97.3x
United States
$353
-37%
$36B
$46B
5.7x
14.4x
India
$13
-25%
$35B
$32B
2.3x
11.0x
United States
$90
-39%
$32B
$35B
5.5x
12.0x
United States
$69
-2%
$31B
$37B
1.8x
10.0x
United States
$120
-51%
$31B
$29B
3.0x
9.1x
France
$23
-39%
$30B
$27B
3.7x
10.7x
Sweden
$11
+10%
$30B
$31B
5.0x
13.6x
Indonesia
$12
+19%
$28B
$28B
—
—
Taiwan
$147
+146%
$27B
$28B
0.8x
11.9x
United States
$162
+5%
$27B
$41B
2.5x
10.6x
United States
$92
+19%
$27B
$19B
3.9x
9.1x
United States
$161
-31%
$26B
$20B
6.0x
13.3x
Spain
$59
-26%
$25B
$28B
3.6x
9.3x
China
$33
-11%
$25B
$24B
25.4x
43.1x
United States
$269
-5%
$24B
$26B
15.3x
20.6x
United States
$1,005
-50%
$24B
$27B
11.8x
20.3x
United States
$46
-42%
$24B
$36B
3.1x
7.5x
United States
$88
+0%
$22B
$26B
5.7x
23.3x
United States
$135
-40%
$22B
$20B
6.4x
24.3x
United States
$144
+49%
$22B
$20B
3.9x
18.7x
United States
$109
+21%
$21B
$21B
3.1x
9.5x
United States
$313
-4%
$21B
$28B
6.0x
11.2x
Israel
$409
--
$21B
$20B
—
—
Australia
$34
-28%
$21B
$21B
4.9x
11.8x
United States
$254
+47%
$20B
$18B
7.0x
35.8x
United States
$378
+21%
$20B
$19B
4.0x
13.3x
United States
$72
-69%
$19B
$19B
3.0x
11.1x
United States
$123
+199%
$18B
$18B
5.0x
21.1x
United States
$155
-36%
$18B
$21B
2.9x
11.8x
Netherlands
$78
-57%
$17B
$22B
3.0x
9.0x
United States
$135
-16%
$17B
$22B
1.0x
10.5x
China
$7
+5%
$17B
$18B
4.3x
39.8x
United States
$303
+14%
$17B
$16B
5.1x
13.6x
China
$36
-14%
$17B
$17B
18.2x
58.7x
United States
$29
-18%
$17B
$15B
2.3x
21.6x
United States
$137
-11%
$16B
$17B
6.5x
13.3x
United States
$67
-11%
$16B
$23B
3.6x
9.3x
Canada
$73
-32%
$16B
$18B
1.5x
7.7x
United States
$36
-51%
$15B
$15B
4.3x
27.0x
United States
$342
-37%
$15B
$14B
5.9x
20.7x
Israel
$135
-39%
$14B
$13B
4.7x
11.2x
United States
$95
+18%
$14B
$19B
4.3x
10.2x
China
$17
-13%
$14B
$13B
6.2x
37.5x
United States
$76
-32%
$13B
$11B
3.8x
14.0x
Australia
$21
-26%
$12B
$13B
4.0x
10.1x
United States
$140
-32%
$12B
$12B
8.4x
38.8x
United States
$223
-63%
$12B
$10B
3.1x
13.5x
United States
$19
-26%
$12B
$19B
3.9x
7.5x
United States
$86
-54%
$11B
$14B
2.8x
8.7x
United States
$517
+13%
$11B
$14B
1.5x
13.0x
Japan
$26
-17%
$11B
$10B
11.7x
17.4x
United States
$26
+23%
$11B
$12B
6.0x
25.3x
China
$2
+9%
$11B
$8B
6.4x
(132.7x)
United States
$24
-55%
$11B
$10B
3.5x
8.4x
United Kingdom
$12
-26%
$11B
$13B
3.6x
13.6x
United States
$31
+29%
$11B
$10B
—
—
United States
$52
-26%
$11B
$10B
7.4x
372.3x
United States
$41
-41%
$11B
$10B
3.8x
15.7x
Australia
$32
-50%
$11B
$13B
9.8x
23.6x
United States
$35
-25%
$11B
$9B
4.6x
15.3x
China
$0
+35%
$10B
$9B
11.8x
(74.9x)
Australia
$99
-39%
$10B
$10B
56.1x
63.1x
United States
$33
-22%
$10B
$11B
7.2x
20.6x
Australia
$58
-50%
$10B
$8B
4.8x
17.9x
United States
$35
+670%
$10B
$11B
29.0x
133.1x

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