Public Comps and Valuation Multiples for Metals & Mining

Benchmark revenue and EBITDA valuation multiples for public comps like
Rio Tinto, BHP Group, Southern Copper, Rio Tinto UK and Newmont.

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Metals & Mining

CompanyMarket CapEnterprise ValueLTM RevenueEV/LTM RevenueEV/LTM EBITDA
$299B$319B$62B5.2x11.6x
$221B$237B$58B4.0x7.3x
$165B$167B$16B10.4x16.3x
$160B$179B$62B2.9x6.5x
$130B$127B$26B4.9x7.8x
$123B$142B$64B2.2x7.5x
$103B$121B$28B4.3x10.4x
$101B$98B$14B6.8x9.8x
$98B$100B$22B4.7x8.0x
$92B$96B$9.6B10.0x31.4x
$91B$128B$295B0.4x7.0x
$69B$70B$3.3B21.2x25.5x
$64B$72B$11B6.7x16.3x
$62B$79B$40B2.0x5.0x
$58B$73B$20B3.6x9.3x
$56B$62B$38B1.6x9.2x
$55B$66B$66B1.0x8.6x
$54B$51B$7.6B6.8x10.0x
$53B$56B$36B1.6x6.7x
$52B$53B$12B4.5x7.0x
$52B$51B$2.3B21.7x23.8x
$49B$57B$9.8B5.8x9.1x
$39B$40B$11B3.6x5.4x
$37B$37B$17B2.3x4.6x
$36B$41B$25B1.6x5.8x
$34B$25B
$34B$22B
$33B$8.7B
$32B$20B
$32B$9.9B
$30B$5.8B
$28B$25B
$26B$18B
$26B$5B
$26B$6.3B
$26B-
$26B$4.9B
$25B$5.6B
$24B$23B
$24B$26B
$24B$8.7B
$24B$23B
$23B$68B
$23B$32B
$23B$38B
$23B$5.6B
$21B$1.6B
$21B$4.4B
$21B$17B
$20B$4.5B
$20B$11B
$20B$4B
$20B$3.2B
$20B$4B
$20B$17B
$20B$7.6B
$20B$1.5B
$20B$3B
$20B$89B
$19B$3.5B
$19B$47B
$18B$7.1B
$18B$23B
$18B$12B
$18B$52B
$17B$4.5B
$17B$7.9B
$17B$16B
$16B$2.1B
$16B$5.9B
$16B$11B
$15B$5B
$15B$2.3B
$15B$3.4B
$13B$4.8B
$13B$6.1B
$13B$8.4B
$13B$5.8B
$13B$1.4B
$13B$6.4B
$12B$698M
$12B$2.2B
$12B$2.7B
$12B$10B
$12B$6.3B
$12B$14B
$11B-
$11B$2.4B
$11B$17B
$11B$37B
$11B$11B
$11B$694M
$11B$2.4B
$11B$9B
$10B$800M
$10B$14B
$9.9B$1.6B
$9.6B$1.5B
$9.5B$1.3B
$9.4B$14B
$9.1B$2.8B
$9B$11B
$8.9B$2.2B
$8.5B$28B
$8.4B$386M
$8.3B$9.6B
$7.9B$2.8B
$7.7B$8.8B
$7.5B$2B
$7.5B$4.7B
$7.4B$2.1B
$7.4B$1.4B
$7.3B$1.7B
$7.3B$3.4B
$7.2B$3.6B
$7.2B-
$7.1B$9.3B
$7.1B-
$7.1B$21B
$6.9B$355M
$6.8B$956M
$6.8B$476M
$6.7B$3.1B
$6.5B$4.8B
$6.4B$2.5B
$6.4B$1.4B
$6.3B$160M
$6.3B-
$6.2B$1.6B
$6.1B$66M
$6B$3B
$5.3B$1.6B
$5.2B$16B
$5.2B$816M
$5B$5.4B
$4.9B$7B
$4.9B$542M
$4.8B$791M
$4.8B-
$4.7B$1.4B
$4.5B$1.8B
$4.5B$4.4B
$4.5B$1.7B
$4.4B$3.9B
$4.4B$8.4B
$4.3B$14B
$4.2B$1.7B
$4.2B$1.9B
$4.2B$1.5B
$4.1B$372M
$4B$3B
$4B$123K
$4B$4.6B
$4B$1.3B
$4B-
$3.9B-
$3.9B$3.1B
$3.7B$7.4B
$3.7B$1.8B
$3.7B$279M
$3.7B-
$3.7B$822M
$3.6B$1.2B
$3.6B$1.1B
$3.5B$1.3B
$3.5B$11B
$3.5B$9.8B
$3.5B$569M
$3.4B$5.8B
$3.4B$1.1B
$3.3B-
$3.3B$454M
$3.3B$376M
$3.3B$1.6B
$3.2B$478M
$3.2B$1.8B
$3.2B-
$3.2B-
$3.1B$114M
$3.1B$4.2B
$3.1B$4.4B
$3B$741M
$3B$2B
$3B$20B
$2.9B$1B
$2.9B$1.8B
$2.9B-
$2.9B-
$2.9B$294M
$2.9B$6.9B
$2.7B-
$2.6B$464M
$2.6B$10M
$2.5B$13M
$2.5B-
$2.4B$4.4B
$2.4B$1.8B
$2.4B$485K
$2.3B$529M
$2.3B-
$2.3B$710M
$2.2B$1B
$2.2B-
$2.1B$583M
$2.1B$645M
$2.1B$1.1B
$2B$1.2B
$2B-
$2B-
$2B-
$1.9B$993M
$1.9B$684M
$1.9B-
$1.9B$668M
$1.9B-
$1.8B$3.4B
$1.8B-
$1.8B$207M
$1.7B$208M
$1.7B-
$1.7B$3.4B
$1.7B$464M
$1.7B$4.7B
$1.7B$324M
$1.7B-
$1.6B$4.9B
$1.6B$8.7B
$1.6B-
$1.6B-
$1.6B-
$1.6B$169M
$1.5B$75M
$1.5B-
$1.5B-
$1.5B$3M
$1.5B-
$1.4B$3.6B
$1.4B-
$1.4B$1.7B
$1.4B-
$1.4B-
$1.4B$262M
$1.3B$920M
$1.3B$1.3B
$1.3B-
$1.3B$478M
$1.3B-
$1.2B$330M
$1.2B-
$1.2B$12M
$1.2B-
$1.2B$1.8B
$1.2B$235M
$1.2B$2.7B
$1.2B$167M
$1.1B$1.7B
$1.1B$215M
$1.1B$1.8B
$1.1B$2M
$1.1B-
$1B-
$1B-
$1B$428M
$1B$1.3B
$990M-
$986M$1.9B
$953M-
$939M$362M
$879M$250M
$875M$182K
$852M$54M
$842M$444M
$831M$25M
$826M-
$821M$16K
$811M$121M
$801M$820K
$792M$1.3B
$781M$1.5B
$773M$9M
$768M$362M
$739M$718M
$702M-
$693M$58M
$689M$203M
$673M$693K
$662M-
$658M$151K
$634M-
$632M-
$631M-
$627M-
$626M-
$618M$265M
$615M$71K
$606M$53M
$594M$361M
$589M$183M
$575M$3M
$557M$221K
$555M-
$555M-
$534M$304M
$523M$513M
$522M$1M
$520M-
$497M-
$493M$759M
$475M$120M
$474M-
$472M-
$466M$304M
$465M$544M
$457M-
$455M$195M
$454M$404M
$453M$51M
$451M$1B
$448M$36M
$437M$73M
$426M-
$424M-
$414M$12M
$411M-
$404M$1.9B
$403M-
$396M-
$392M$207M
$391M$29M
$390M-
$389M$11M
$387M-
$382M$15M
$380M$277M
$373M-
$372M-
$366M$801M
$360M$9M
$348M$1M
$346M$73K
$343M$7M
$342M-
$341M$452K
$338M$24M
$328M-
$326M$226M
$326M$671M
$320M-
$319M$260K
$319M-
$310M-
$308M-
$307M$47K
$306M-
$306M-
$299M-
$298M$371M
$297M-
$297M$98M
$293M-
$287M$288M
$286M$79K
$285M$214M
$283M-
$276M-
$276M$2M
$274M$217M
$273M$700K
$268M-
$268M-
$265M$137M
$263M-
$262M$2.2B
$262M-
$256M-
$254M-
$252M-
$250M-
$246M$1M
$246M-
$244M$15M
$242M-
$241M-
$237M-
$237M-
$236M$641K
$234M-
$231M-
$230M-
$225M-
$221M$872M
$220M$139K
$218M$320K
$216M-
$216M-
$214M-
$212M$3M
$208M-
$208M-
$206M-
$203M-
$201M$10M
$200M-
$200M$310K
$200M-
$200M-
$199M$41M
$196M$164M
$194M$109M
$194M-
$191M-
$190M-
$189M$93M
$187M-
$187M$41M
$186M$296M
$183M-
$177M-
$176M-
$176M$71M
$175M-
$170M-
$170M-
$166M-
$166M$2M
$165M-
$164M-
$162M-
$162M-
$159M$65M
$158M-
$157M-
$157M-
$151M-
$149M$17M
$149M$41K
$145M-
$145M-
$144M-
$143M-
$143M-
$142M$59M
$141M$313K
$141M$9M
$141M-
$139M$337M
$138M-
$137M$437M
$137M-
$137M$573K
$136M$65M
$135M-
$133M-
$133M-
$133M-
$131M-
$131M-
$130M-
$129M-
$128M$2M
$128M-
$128M-
$126M$130M
$124M-
$123M-
$122M-
$121M-
$120M-
$118M-
$115M$516M
$114M-
$114M$8M
$113M-
$109M-
$109M-
$108M$620K
$108M-
$107M-
$107M($443K)
$107M-
$106M$211M
$105M$4M
$104M-
$104M-
$103M$8K
$103M$3M
$100M-
$99M$351K
$97M-
$97M$124M
$97M-
$96M$280M
$96M-
$96M-
$96M-
$94M-
$93M-
$92M$1M
$91M$138M
$90M$44M
$89M$79K
$88M-
$88M$1M
$87M-
$87M$100K
$86M-
$85M$7M
$85M-
$84M-
$83M$150M
$83M-
$82M-
$81M-
$81M-
$81M$213K
$80M-
$79M$936K
$79M-
$78M$83M
$75M-
$74M-
$74M$64M
$74M-
$73M-
$73M-
$73M-
$71M-
$71M-
$70M-
$70M-
$70M-
$67M$23M
$67M-
$67M$135M
$66M-
$65M-
$65M-
$64M-
$64M$134M
$63M-
$62M-
$61M-
$60M-
$60M$71K
$60M-
$59M-
$59M-
$59M-
$59M-
$57M$26M
$57M-
$57M-
$56M-
$56M-
$56M-
$56M-
$56M-
$55M-
$55M-
$54M-
$53M-
$53M-
$53M$289K
$53M$1M
$52M-
$51M-
$51M$215M
$51M-
$51M-
$50M-
$50M-
$49M-
$49M-
$48M$54M
$48M$428K
$48M-
$47M-
$47M$218K
$47M-
$45M-
$45M-
$44M-
$44M$1M
$43M-
$43M-
$43M$2M
$42M-
$41M-
$41M-
$39M-
$39M-
$39M-
$38M-
$38M$198K
$38M-
$38M-
$37M-
$37M-
$37M-
$37M-
$37M-
$37M-
$37M-
$36M-
$36M-
$35M-
$35M-
$34M-
$34M$478M
$33M-
$33M-
$33M-
$32M-
$32M$50M
$31M-
$31M-
$30M-
$30M-
$30M-
$29M-
$29M-
$28M$168K
$28M-
$28M$876K
$27M$242M
$27M-
$27M-
$27M-
$26M-
$25M-
$25M-
$25M-
$25M-
$24M-
$24M-
$24M-
$24M-
$22M-
$22M-
$21M-
$20M-
$20M-
$20M-
$19M-
$19M-
$18M-
$18M-
$17M-
$16M-
$16M-
$16M-
$16M-
$14M-
$13M-
$13M-
$13M-
$13M-
$12M-
$12M-
$11M-
$11M-
$11M-
$11M-
$11M-
$11M-
$10M-
$10M-
$10M-
$9M-
$8M-
$8M-
$8M-
$8M-
$7M$23M
$7M-
$7M-
$7M-
$7M-
$7M-
$6M-
$6M-
$5M-
$5M-
$5M-
$4M-
$4M-
$4M-
$4M-
$4M-
$4M-
$4M-
$4M-
$4M-
$4M-
$3M-
$3M-
$3M-
$3M-
$2M-
$2M-
$2M-
$2M-
$2M-
$1M-
$1M-
$902K-
$683K-
$659K-
$1K-

Financial data powered by FactSet and Morningstar. Valuation multiples as of last 12 months. For more data, start your free trial here.

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