Carter's Valuation Multiples

Carter's Overview

About Carter's

Carter's Inc makes apparel for babies and children under brand names including Carter's and OshKosh B'gosh. It sells its products through a multi-channel business model, which includes retail stores, eCommerce, and wholesale sales channels, as well as retail omnichannel capabilities in the United States and Canada, which enables it to reach a broad range of consumers around the world. The company operates in three segments; U.S. Retail, U.S. Wholesale, and International. The majority of revenue is derived from U.S. Wholesale segment. The company predominantly sources products through contract manufacturers in Asia. It has multiple distribution centers in the U.S., in addition to distribution centers in Canada and Asia that serve international customers.

Founded

2003

HQ

Employees

15.3K

Website

carters.com

Sectors

Clothing & Accessories

Financials (LTM)

Revenue: $3B

EBITDA: $239M

EV

$2B

Valuation Multiples

Multiples.vc

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Carter's Financials

Carter's reported last 12-month revenue of $3B and EBITDA of $239M.

In the same LTM period, Carter's generated $1B in gross profit, $239M in EBITDA, and $121M in net income.

Carter's P&L

In the most recent fiscal year, Carter's reported revenue of $3B and EBITDA of $246M.

Carter's expects next 12-month revenue of XXX and NTM EBITDA of XXX

Carter's Stock Performance

Carter's has current market cap of $1B, and enterprise value of $2B.

Carter's' stock price is $38.51.

Carter's Valuation Multiples

Carter's trades at 0.7x EV/Revenue multiple, and 8.9x EV/EBITDA.

Carter's Financial Valuation Multiples

As of April 19, 2026, Carter's has market cap of $1B and EV of $2B.

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

Carter's has a P/E ratio of 11.7x.

Carter's Margins & Growth Rates

Carter's' revenue in the last 12 month grew by 3%.

Carter's' revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.

Carter's' rule of 40 is 7% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Carter's' rule of X is 7% (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).

Carter's Public Comps

See public comps and valuation multiples for other Clothing & Accessories comps.

Carter's M&A Activity

Carter's acquired XXX companies to date.

Last acquisition by Carter's was on XXXXXXXX, XXXXX. Carter's acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Carter's Investment Activity

Carter's invested in XXX companies to date.

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