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Public Comps and Valuation Multiples
for Online Betting

Benchmark revenue and EBITDA valuation multiples for public comps like Française des Jeux, Aristocrat Leisure, Lottomatica Group, DraftKings and Light & Wonder.

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Company EV EV/LTM Revenue EV/LTM EBITDA
$28.1B 6.8x 16.8x
$22.1B 4.0x 41.7x
$15.3B 6.2x 9.1x
$13.1B 1.8x 8.7x
$12.4B 4.4x 10.6x
$12.0B 3.6x 9.0x
$9.2B 3.8x 18.9x
$8.4B 2.1x 7.5x
$8.3B 3.0x 8.6x
$7.0B 2.7x 7.6x
$5.5B 2.8x 13.4x
$2.8B 1.8x 9.2x
$2.6B 1.9x 6.8x
$2.5B 1.0x 5.5x
$1.9B 1.9x 6.9x
$1.7B 1.0x 6.9x
$1.3B 1.0x 6.8x
$1.3B n/a n/a
$1.2B 1.2x 10.8x
$1.2B n/a n/a
$1.2B 2.8x 8.9x
$1.1B 4.9x 15.6x
$1.1B 1.0x 7.0x
$905M 3.2x 6.3x
$747M 0.7x 6.3x
$586M 1.4x 6.5x
$560M 1.9x 5.4x
$482M 3.2x 8.2x
$359M 1.8x 5.7x
$325M 1.3x 33.0x
$213M 1.2x 6.5x
$195M 4.6x 9.6x
$175M 2.0x 49.5x
$115M 0.9x 5.5x
$110M n/a n/a
$103M 2.3x 22.8x
$93.9M n/a n/a
$78.4M n/a n/a
$65.6M 1.2x 87.1x
$28.6M 0.6x n/a
$22.4M n/a n/a
$21.9M 1.5x 13.0x
$20.4M n/a n/a
$15.9M 3.9x n/a
$13.6M n/a n/a
$10.9M 0.2x 2.8x
$10.7M 1.1x n/a
$0.9M n/a n/a
$0.2M n/a n/a
-$4K n/a n/a
-$14.9M -0.2x 58.0x

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

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