American Well Valuation Multiples

American Well Overview

About American Well

American Well Corp is an enterprise platform and software company digitally enabling hybrid care by offering payers and health systems a technology-enabled care platform. The Amwell Platform, its cloud-based enablement platform, digitally enables a scalable healthcare experience across all care settings by enabling critical services like virtual primary care, urgent care, clinical partner programs, scheduling visits, etc. Additionally, the healthcare providers can use the platform to access familiar workflows for taking notes, prescribing, referencing clinical treatment guidelines, and other related activities. The firm also offers various paid services, including licensed clinical staffing, implementation support, workflow design, etc, to help clients execute their hybrid care strategies.

Founded

2006

HQ

Employees

562

Website

business.amwell.com

Sectors

Telemedicine & Virtual CareHealthTech

Financials (LTM)

Revenue: $235M

EBITDA: ($35M)

Market Cap

$101M

Valuation Multiples

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American Well Financials

American Well reported last 12-month revenue of $235M and negative EBITDA of ($35M).

In the same LTM period, American Well generated $125M in gross profit, ($35M) in EBITDA losses, and had net loss of ($89M).

American Well P&L

In the most recent fiscal year, American Well reported revenue of $249M and EBITDA of ($40M).

American Well expects next 12-month revenue of XXX and NTM EBITDA of XXX

American Well Stock Performance

American Well has current market cap of $101M.

American Well's stock price is $6.12.

American Well Valuation Multiples

American Well trades at (0.3x) EV/Revenue multiple, and 2.2x EV/EBITDA.

American Well Financial Valuation Multiples

As of April 19, 2026, American Well has market cap of $101M.

Equity research analysts estimate American Well's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

American Well has a P/E ratio of (1.1x).

American Well Margins & Growth Rates

American Well's revenue in the last 12 month declined by (14%).

American Well's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.4M for the same period.

American Well's rule of 40 is (31%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

American Well's rule of X is (61%) (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

American Well Public Comps

See public comps and valuation multiples for other Telemedicine & Virtual Care comps.

American Well M&A Activity

American Well acquired XXX companies to date.

Last acquisition by American Well was on XXXXXXXX, XXXXX. American Well acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

American Well Investment Activity

American Well invested in XXX companies to date.

American Well made its latest investment on XXXXXXXX, XXXXX. American Well invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).