🚀 VC round data is live in beta, check it out!
- Public Comps
- Arq
Arq Valuation Multiples
Discover revenue and EBITDA valuation multiples for Arq and similar public comparables like Calix, Blink Charging, Ekopak, Haiki+ and more.
Arq Overview
About Arq
Arq Inc is an environmental technology company principally engaged in the sale of consumable air, water, and soil treatment solutions including activated carbon (AC) and chemical technologies. The company manufactures and sells activated carbon and other chemicals used to capture and remove contaminants for the coal-fired power generation, industrial, municipal water and air, water and soil treatment and remediation markets. Some of the products in its portfolio are Powdered Activated Carbon, Granula Activated Carbon, and Colloidal Carbon Product among others.
Founded
2011
HQ

Employees
203
Website
Financials (LTM)
EV
$126M
Arq Financials
Arq reported last 12-month revenue of $121M and EBITDA of $14M.
In the same LTM period, Arq generated $34M in gross profit, $14M in EBITDA, and had net loss of ($38M).
Revenue (LTM)
Arq P&L
In the most recent fiscal year, Arq reported revenue of $120M and EBITDA of $13M.
Arq expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $121M | XXX | $120M | XXX | XXX | XXX |
| Gross Profit | $34M | XXX | $34M | XXX | XXX | XXX |
| Gross Margin | 28% | XXX | 28% | XXX | XXX | XXX |
| EBITDA | $14M | XXX | $13M | XXX | XXX | XXX |
| EBITDA Margin | 11% | XXX | 11% | XXX | XXX | XXX |
| EBIT Margin | (31%) | XXX | (7%) | XXX | XXX | XXX |
| Net Profit | ($38M) | XXX | ($53M) | XXX | XXX | XXX |
| Net Margin | (31%) | XXX | (44%) | XXX | XXX | XXX |
| Net Debt | — | — | $22M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Arq Stock Performance
Arq has current market cap of $96M, and enterprise value of $126M.
Market Cap Evolution
Arq's stock price is $2.23.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $126M | $96M | 0.0% | XXX | XXX | XXX | $-1.23 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialArq Valuation Multiples
Arq trades at 1.0x EV/Revenue multiple, and 9.1x EV/EBITDA.
EV / Revenue (LTM)
Arq Financial Valuation Multiples
As of April 19, 2026, Arq has market cap of $96M and EV of $126M.
Equity research analysts estimate Arq's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Arq has a P/E ratio of (2.5x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $96M | XXX | $96M | XXX | XXX | XXX |
| EV (current) | $126M | XXX | $126M | XXX | XXX | XXX |
| EV/Revenue | 1.0x | XXX | 1.1x | XXX | XXX | XXX |
| EV/EBITDA | 9.1x | XXX | 9.6x | XXX | XXX | XXX |
| EV/EBIT | (3.3x) | XXX | (15.6x) | XXX | XXX | XXX |
| EV/Gross Profit | 3.7x | XXX | 3.8x | XXX | XXX | XXX |
| P/E | (2.5x) | XXX | (1.8x) | XXX | XXX | XXX |
| EV/FCF | (18.5x) | XXX | (11.3x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Arq Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Arq Margins & Growth Rates
Arq's revenue in the last 12 month grew by 7%.
Arq's revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.2M for the same period.
Arq's rule of 40 is 15% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Arq's rule of X is 20% (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).
Arq Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 7% | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | 11% | XXX | 11% | XXX | XXX | XXX |
| EBITDA Growth | 25% | XXX | 19% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 15% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 20% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.6M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 19% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 5% | XXX | 6% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 35% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Arq Public Comps
See public comps and valuation multiples for other Energy Services and Waste & Environmental Services comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Arq | XXX | XXX | XXX | XXX | XXX | XXX |
| Calix | XXX | XXX | XXX | XXX | XXX | XXX |
| Blink Charging | XXX | XXX | XXX | XXX | XXX | XXX |
| Ekopak | XXX | XXX | XXX | XXX | XXX | XXX |
| Haiki+ | XXX | XXX | XXX | XXX | XXX | XXX |
| Airtech Japan | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Arq M&A Activity
Arq acquired XXX companies to date.
Last acquisition by Arq was on XXXXXXXX, XXXXX. Arq acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Arq
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialArq Investment Activity
Arq invested in XXX companies to date.
Arq made its latest investment on XXXXXXXX, XXXXX. Arq invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Arq
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Arq
| When was Arq founded? | Arq was founded in 2011. |
| Where is Arq headquartered? | Arq is headquartered in United States. |
| How many employees does Arq have? | As of today, Arq has over 203 employees. |
| Who is the CEO of Arq? | Arq's CEO is Robert E. Rasmus. |
| Is Arq publicly listed? | Yes, Arq is a public company listed on Nasdaq. |
| What is the stock symbol of Arq? | Arq trades under ARQ ticker. |
| When did Arq go public? | Arq went public in 2003. |
| Who are competitors of Arq? | Arq main competitors are Calix, Blink Charging, Ekopak, Haiki+. |
| What is the current market cap of Arq? | Arq's current market cap is $96M. |
| What is the current revenue of Arq? | Arq's last 12 months revenue is $121M. |
| What is the current revenue growth of Arq? | Arq revenue growth (NTM/LTM) is 7%. |
| What is the current EV/Revenue multiple of Arq? | Current revenue multiple of Arq is 1.0x. |
| Is Arq profitable? | Yes, Arq is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Arq? | Arq's last 12 months EBITDA is $14M. |
| What is Arq's EBITDA margin? | Arq's last 12 months EBITDA margin is 11%. |
| What is the current EV/EBITDA multiple of Arq? | Current EBITDA multiple of Arq is 9.1x. |
| What is the current FCF of Arq? | Arq's last 12 months FCF is ($7M). |
| What is Arq's FCF margin? | Arq's last 12 months FCF margin is (6%). |
| What is the current EV/FCF multiple of Arq? | Current FCF multiple of Arq is (18.5x). |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.