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Public Comps and Valuation Multiples
for Metals & Mining

Benchmark revenue and EBITDA valuation multiples for public comps like BHP Group, Southern Copper, Agnico Eagle Mines, Newmont and Glencore.

Metals & Mining

See analyst estimates and all valuation multiples for Metals & Mining
Company EV EV/LTM Revenue EV/LTM EBITDA
$157B 3.1x 6.0x
$155B 2.8x 6.7x
$135B 2.4x 5.8x
$128B 2.5x 11.5x
$117B 9.4x 16.3x
$98.2B 0.4x 7.4x
$89.5B 4.2x 7.5x
$83.8B 10.4x 36.9x
$79.5B 7.3x 10.9x
$73.2B 7.5x 18.7x
$69.9B 3.9x 7.3x
$64.9B 2.6x 7.0x
$64.5B 1.7x 4.3x
$56.2B 3.6x 5.8x
$51.3B 2.4x 7.7x
$50.2B 1.7x 9.2x
$50.0B 1.7x 9.2x
$47.2B n/a n/a
$45.3B 2.2x 13.9x
$44.1B 2.8x 5.7x
$43.4B 22.8x 28.1x
$40.6B 1.8x 6.5x
$39.5B 5.0x 8.6x
$38.5B 1.2x 8.9x
$38.2B 0.6x 5.6x
$36.2B 23.2x 25.4x
$36.1B 4.7x 7.1x
$35.6B 1.4x 10.0x
$35.4B 17.9x 34.9x
$35.4B n/a n/a
$35.1B 3.9x 6.8x
$34.2B 0.5x 5.1x
$29.1B 4.5x 7.5x
$29.0B 1.3x 4.3x
$29.0B 2.0x 10.1x
$28.6B 1.6x 5.5x
$28.2B 1.6x 5.5x
$28.0B 0.8x 5.1x
$27.1B 5.0x 44.0x
$26.6B 1.0x 7.2x
$26.1B 1.4x 11.4x
$25.6B 0.6x 5.8x
$25.5B 0.5x 5.5x
$24.5B 3.2x 8.6x
$24.2B 1.5x 4.7x
$23.4B 5.8x 11.1x
$23.4B 1.0x 4.4x
$22.2B 4.4x 13.4x
$22.1B 4.8x 8.8x
$21.3B 5.1x 9.1x
$16.8B 0.1x 0.4x
$16.6B 10.3x 14.6x
$16.5B 1.5x 14.6x
$16.4B 5.5x 22.7x
$16.1B 1.6x 16.1x
$16.1B 1.1x 11.8x
$15.3B 3.4x 18.5x
$15.0B 1.6x 7.5x
$15.0B 15.6x 19.0x
$14.8B 3.6x 7.1x
$14.8B 4.4x 9.4x
$14.7B 37.9x 24.8x
$14.5B 4.8x 9.0x
$14.4B 0.7x 5.0x
$14.2B 3.7x 8.4x
$14.0B 2.3x 11.2x
$12.9B 7.2x 11.6x
$12.1B 1.2x 5.2x
$11.7B 42.6x -1312.6x
$11.7B 6.3x 12.9x
$10.8B n/a n/a
$10.7B 5.3x 10.4x
$10.6B 0.8x 5.7x
$10.4B 1.5x 2.6x
$10.4B 2.5x n/a
$10.0B 4.1x 9.5x
$9.9B 2.1x 4.8x
$9.7B 19.9x 60.1x
$9.7B 3.1x 13.2x
$9.3B 1.6x 5.4x
$8.9B 8.0x 18.0x
$8.6B 0.7x 4.5x
$8.4B 3.1x 15.8x
$8.3B 1.0x 4.1x
$7.7B 3.2x 6.2x
$7.5B 3.5x 8.9x
$7.3B 4.3x 8.7x
$7.0B 0.9x 7.8x
$6.8B 3.1x 6.6x
$6.7B 12.1x 63.4x
$6.6B 2.2x 3.8x
$6.2B 6.0x 12.5x
$6.2B 24.1x 28.0x
$6.1B 0.4x 3.5x
$6.1B 4.5x 7.9x
$6.1B 11.3x 17.2x
$6.1B 4.4x n/a
$5.9B 0.3x 8.4x
$5.8B 16.7x 20.3x
$5.6B 1.1x 10.4x
$5.3B 3.3x 6.3x
$5.1B 1.7x 4.9x
$5.1B 0.5x 4.6x
$5.0B 4.0x 8.6x
$4.9B 2.9x 5.4x
$4.9B n/a n/a
$4.7B 0.7x 8.9x
$4.6B 3.1x 8.3x
$4.4B 8.7x 12.1x
$4.2B 0.5x 6.3x
$4.2B 3.2x 5.8x
$4.2B 1.6x 2.6x
$4.2B 5.6x 10.7x
$4.0B 1.1x 9.3x
$4.0B n/a n/a
$3.8B n/a n/a
$3.8B n/a n/a
$3.6B 4.9x 7.3x
$3.6B 4.1x 7.7x
$3.4B 2.6x 4.6x
$3.3B n/a -45.6x
$3.3B 8.8x 14.5x
$3.2B 1.3x 8.4x
$3.0B 2.9x 6.5x
$3.0B 5.8x 8.3x
$3.0B 1.8x 10.0x
$3.0B 0.8x 5.6x
$2.9B 1.8x 10.3x
$2.8B n/a n/a
$2.8B 4.0x 7.9x
$2.8B n/a -41.2x
$2.8B 2.4x 4.7x
$2.8B n/a n/a
$2.8B n/a -205.8x
$2.8B 0.1x 1.8x
$2.7B n/a n/a
$2.7B 0.3x 6.6x
$2.7B 2.7x 6.1x
$2.6B 11.3x 94.9x
$2.6B n/a n/a
$2.6B n/a n/a
$2.5B n/a n/a
$2.5B 6.4x 27.0x
$2.5B 8.0x 178.2x
$2.5B 1.4x 5.4x
$2.5B 0.8x 8.8x
$2.4B 0.5x 8.1x
$2.4B 2.3x 4.1x
$2.4B 1.9x 6.9x
$2.4B 2.7x 4.4x
$2.3B 2.9x 5.5x
$2.3B 5.8x 11.1x
$2.3B 0.3x 10.7x
$2.2B n/a n/a
$2.2B 0.8x 3.4x
$2.2B 3.4x 9.9x
$2.2B 0.9x 3.7x
$2.2B 1.1x 8.4x
$2.1B 0.5x 7.0x
$2.1B n/a n/a
$2.0B 0.7x 7.9x
$2.0B n/a n/a
$1.9B n/a n/a
$1.9B 0.6x 7.8x
$1.8B 5.7x 10.5x
$1.8B 1.4x 4.4x
$1.8B 7.0x 12.3x
$1.7B n/a n/a
$1.6B 1.0x 7.1x
$1.6B 11.8x 20.2x
$1.5B n/a -74.8x
$1.5B 1.2x 7.6x
$1.5B 0.9x 9.4x
$1.4B 0.3x 3.9x
$1.4B 3.9x 7.9x
$1.4B 1.6x 3.5x
$1.4B n/a n/a
$1.4B n/a n/a
$1.3B 0.4x -4.5x
$1.2B 0.8x 5.3x
$1.2B 3.3x 7.5x
$1.2B 4.3x 7.7x
$1.2B 2.3x 6.8x
$1.1B n/a n/a
$1.1B 5.0x 11.3x
$1.1B n/a -36.2x
$1.1B n/a n/a
$1.1B n/a n/a
$1.0B n/a -20.3x
$995M n/a n/a
$986M 3.0x 6.3x
$972M 0.7x 14.0x
$954M 1.4x n/a
$954M 1.0x 6.9x
$950M 3.0x 16.5x
$937M 3212.5x -41.6x
$922M n/a n/a
$918M n/a -102.6x
$914M n/a n/a
$910M 0.6x 6.7x
$902M n/a -58.7x
$892M n/a -27.1x
$886M n/a n/a
$877M 3.0x 6.9x
$869M n/a -59.5x
$845M n/a -27.7x
$840M 5.7x 86.0x
$827M 4.3x 21.5x
$826M n/a n/a
$814M 0.4x 5.1x
$783M n/a -90.0x
$782M n/a n/a
$747M n/a n/a
$713M n/a -91.4x
$712M n/a n/a
$689M 0.3x -41.1x
$680M n/a n/a
$673M 1.3x 10.1x
$672M 0.4x 9.9x
$642M 2.4x 6.4x
$636M 45.4x -16.4x
$618M n/a n/a
$614M n/a n/a
$590M n/a n/a
$563M 0.5x 6.5x
$550M 0.9x 27.5x
$532M n/a n/a
$517M n/a -16.9x
$515M 17.6x -9.4x
$496M n/a -71.7x
$488M n/a n/a
$470M 5475.4x -57.9x
$468M n/a n/a
$452M 8.1x 11.0x
$450M 21915.3x -32.2x
$449M 2.1x 3.4x
$443M 3.7x 7.7x
$441M 1.2x 6.3x
$432M 17.8x n/a
$420M n/a n/a
$415M 1162.4x -9.4x
$402M 0.4x 9.9x
$396M n/a n/a
$389M n/a n/a
$382M 7.4x 18.9x
$377M n/a n/a
$377M n/a n/a
$369M 2.2x -338.0x
$367M n/a -81.7x
$363M n/a n/a
$351M -225.7x -35.3x
$349M n/a -32.9x
$348M n/a -20.9x
$346M 0.9x 2.8x
$345M 5.9x 9.8x
$342M n/a n/a
$336M 2.0x n/a
$336M 1.3x 5.7x
$333M 565.9x n/a
$330M 66.8x 9.6x
$329M 1.5x 3.3x
$321M n/a n/a
$318M 1761.4x -77.3x
$317M n/a n/a
$317M 3675.9x -81.5x
$304M 18.3x -28.8x
$304M 20.8x 41.1x
$302M 560.7x -16.9x
$301M n/a n/a
$299M n/a -24.2x
$292M 0.5x 2.4x
$290M 0.9x 7.4x
$288M 682.1x -34.7x
$278M 1.0x 5.2x
$266M n/a -46.9x
$265M n/a n/a
$265M n/a n/a
$265M 2.4x 12.8x
$263M n/a -78.4x
$260M 1.6x 4.4x
$246M 431.7x -88.8x
$241M 2568.1x -31.0x
$238M 356.9x -11.3x
$235M 24.6x -14.5x
$230M 198.0x -30.9x
$229M 246935.3x n/a
$222M 0.8x 4.1x
$219M n/a n/a
$218M n/a n/a
$217M 195.2x -15.9x
$217M n/a n/a
$215M 1.6x 4.6x
$214M 15.7x 19.0x
$213M n/a -705.3x
$213M n/a -19.9x
$211M 1.5x 3.3x
$205M 786.7x n/a
$204M 27.7x -78.4x
$204M 16.5x 189.2x
$202M n/a n/a
$195M n/a n/a
$194M -1890.5x -17.9x
$193M 0.8x 2.5x
$188M n/a n/a
$186M 1.5x -186.3x
$186M 306.1x n/a
$181M n/a n/a
$180M n/a n/a
$178M n/a n/a
$178M 186.8x -29.7x
$178M 178.0x -14.5x
$176M 2.9x 12.7x
$176M 513.7x -49.0x
$173M n/a -25.0x
$169M 44.2x -60.1x
$166M 784.9x n/a
$164M n/a n/a
$163M 1.9x 6.7x
$161M n/a -61.5x
$159M n/a n/a
$158M n/a n/a
$157M n/a n/a
$155M n/a n/a
$155M n/a n/a
$154M n/a -20.1x
$153M n/a n/a
$152M 228.1x -15.7x
$152M n/a n/a
$150M n/a n/a
$149M n/a n/a
$148M 0.6x 4.9x
$146M 342.4x -117.9x
$145M n/a n/a
$145M n/a n/a
$145M 11.4x n/a
$145M n/a n/a
$144M n/a n/a
$140M n/a n/a
$137M n/a -40.2x
$136M 703.2x n/a
$133M n/a n/a
$132M 0.1x 2.0x
$129M n/a -31.0x
$129M n/a n/a
$126M n/a -18.2x
$126M 2.1x 7.7x
$125M n/a n/a
$122M n/a n/a
$122M n/a n/a
$122M n/a n/a
$120M n/a n/a
$118M n/a n/a
$118M n/a n/a
$118M 0.9x 6.4x
$117M n/a n/a
$117M n/a n/a
$113M 402.6x n/a
$112M n/a n/a
$112M n/a n/a
$110M n/a n/a
$110M n/a n/a
$108M n/a n/a
$108M n/a n/a
$108M 567.7x -166.1x
$108M 342.2x n/a
$107M n/a n/a
$107M n/a n/a
$106M n/a n/a
$106M n/a n/a
$106M n/a n/a
$105M n/a n/a
$105M n/a n/a
$101M n/a n/a
$101M n/a n/a
$99.4M n/a n/a
$99.2M n/a n/a
$98.3M 0.2x 1.0x
$97.3M n/a n/a
$97.1M 1492.0x -15.6x
$96.3M 1.9x n/a
$95.1M n/a n/a
$92.0M n/a n/a
$91.3M n/a n/a
$90.7M 1.6x 4.1x
$90.1M n/a -10.6x
$89.3M n/a n/a
$88.4M 4659.7x -31.2x
$86.9M n/a n/a
$86.0M n/a n/a
$86.0M 0.6x 9.5x
$85.7M n/a n/a
$84.4M 0.8x 3.9x
$82.0M n/a n/a
$81.8M n/a n/a
$80.5M n/a n/a
$79.9M n/a n/a
$79.8M n/a n/a
$78.7M n/a n/a
$78.0M n/a n/a
$77.8M 903.0x -17.1x
$77.6M n/a n/a
$76.6M n/a -48.1x
$75.4M n/a n/a
$75.3M 0.4x n/a
$75.1M n/a n/a
$70.2M n/a n/a
$69.4M n/a n/a
$69.2M 21.4x n/a
$69.1M 0.5x n/a
$68.8M 2.2x n/a
$68.2M n/a n/a
$67.5M n/a n/a
$65.6M n/a n/a
$62.7M n/a n/a
$60.3M n/a n/a
$60.2M 137.4x -13.8x
$60.1M n/a n/a
$57.3M 0.1x 0.5x
$57.1M n/a n/a
$53.7M n/a n/a
$52.0M 8.5x n/a
$52.0M 0.4x 5.2x
$45.5M n/a n/a
$44.1M n/a n/a
$43.9M n/a n/a
$39.6M n/a n/a
$34.1M n/a n/a
$31.6M n/a n/a
$29.4M n/a n/a
$26.8M n/a n/a
$26.5M n/a n/a
$25.6M n/a n/a
$23.0M n/a n/a
$21.3M n/a n/a
$19.2M n/a n/a
$18.4M 4.7x -2.6x
$18.0M n/a n/a
$17.9M n/a n/a
$16.9M n/a n/a
$14.1M n/a n/a
$13.6M n/a n/a
$10.5M n/a n/a
$8.1M n/a n/a
$7.3M n/a n/a
$6.4M n/a n/a
$5.5M 0.2x 9.8x
$4.2M n/a n/a
$3.7M n/a n/a
$3.4M n/a n/a
$2.2M n/a n/a
$1.1M n/a n/a
$0.6M n/a n/a
-$4.7M n/a n/a

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

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