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Clarivate Valuation Multiples
Discover revenue and EBITDA valuation multiples for Clarivate and similar public comparables like CBIZ, Karooooo, Innodata, ICF International and more.
Clarivate Overview
About Clarivate
Clarivate is a data, information, and software workflow solutions company serving customers primarily in academia, government, law, life sciences, and healthcare. The company was formerly part of Thomson Reuters before being sold to private equity as an independent company in 2016. In 2019, Clarivate went public on the New York Stock Exchange. Around half of the companyβs revenue is generated in the Americas, while Europe, Middle East, and Africa account for around a quarter.
Founded
2019
HQ

Employees
12.0K
Website
Financials (LTM)
EV
$6B
Clarivate Financials
Clarivate reported last 12-month revenue of $2B and EBITDA of $1B.
In the same LTM period, Clarivate generated $2B in gross profit, $1B in EBITDA, and had net loss of ($177M).
Revenue (LTM)
Clarivate P&L
In the most recent fiscal year, Clarivate reported revenue of $2B and EBITDA of $1B.
Clarivate expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Margin | 66% | XXX | 66% | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $1B | XXX | XXX | XXX |
| EBITDA Margin | 41% | XXX | 41% | XXX | XXX | XXX |
| EBIT Margin | 4% | XXX | 7% | XXX | XXX | XXX |
| Net Profit | ($177M) | XXX | ($201M) | XXX | XXX | XXX |
| Net Margin | (7%) | XXX | (8%) | XXX | XXX | XXX |
| Net Debt | β | β | $4B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Clarivate Stock Performance
Clarivate has current market cap of $2B, and enterprise value of $6B.
Market Cap Evolution
Clarivate's stock price is $2.31.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $6B | $2B | 0.0% | XXX | XXX | XXX | $-0.30 |
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Start Free TrialClarivate Valuation Multiples
Clarivate trades at 2.3x EV/Revenue multiple, and 5.7x EV/EBITDA.
EV / Revenue (LTM)
Clarivate Financial Valuation Multiples
As of April 5, 2026, Clarivate has market cap of $2B and EV of $6B.
Equity research analysts estimate Clarivate's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Clarivate has a P/E ratio of (8.7x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $6B | XXX | $6B | XXX | XXX | XXX |
| EV/Revenue | 2.3x | XXX | 2.3x | XXX | XXX | XXX |
| EV/EBITDA | 5.7x | XXX | 5.7x | XXX | XXX | XXX |
| EV/EBIT | 62.6x | XXX | 33.1x | XXX | XXX | XXX |
| EV/Gross Profit | 3.5x | XXX | 3.5x | XXX | XXX | XXX |
| P/E | (8.7x) | XXX | (7.6x) | XXX | XXX | XXX |
| EV/FCF | 15.2x | XXX | 15.6x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Clarivate 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.


Clarivate Margins & Growth Rates
Clarivate's revenue in the last 12 month declined by (2%).
Clarivate's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Clarivate's rule of 40 is 39% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Clarivate's rule of X is 32% (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).
Clarivate Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (2%) | XXX | (4%) | XXX | XXX | XXX |
| EBITDA Margin | 41% | XXX | 41% | XXX | XXX | XXX |
| EBITDA Growth | 1% | XXX | 0% | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 39% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 32% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.1M | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 59% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Clarivate Public Comps
See public comps and valuation multiples for other Market Research and Business Consulting comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| CBIZ | XXX | XXX | XXX | XXX | XXX | XXX |
| Karooooo | XXX | XXX | XXX | XXX | XXX | XXX |
| Innodata | XXX | XXX | XXX | XXX | XXX | XXX |
| ICF International | XXX | XXX | XXX | XXX | XXX | XXX |
| ASGN | 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.
Clarivate M&A Activity
Clarivate acquired XXX companies to date.
Last acquisition by Clarivate was on XXXXXXXX, XXXXX. Clarivate acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Clarivate
| 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 |
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Start Free TrialClarivate Investment Activity
Clarivate invested in XXX companies to date.
Clarivate made its latest investment on XXXXXXXX, XXXXX. Clarivate invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Clarivate
| 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 |
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Start Free TrialAbout Clarivate
| When was Clarivate founded? | Clarivate was founded in 2019. |
| Where is Clarivate headquartered? | Clarivate is headquartered in United Kingdom. |
| How many employees does Clarivate have? | As of today, Clarivate has over 12K employees. |
| Who is the CEO of Clarivate? | Clarivate's CEO is Matitiahu S. Shem Tov. |
| Is Clarivate publicly listed? | Yes, Clarivate is a public company listed on NYSE. |
| What is the stock symbol of Clarivate? | Clarivate trades under CLVT ticker. |
| When did Clarivate go public? | Clarivate went public in 2019. |
| Who are competitors of Clarivate? | Clarivate main competitors are CBIZ, Karooooo, Innodata, ICF International. |
| What is the current market cap of Clarivate? | Clarivate's current market cap is $2B. |
| What is the current revenue of Clarivate? | Clarivate's last 12 months revenue is $2B. |
| What is the current revenue growth of Clarivate? | Clarivate revenue growth (NTM/LTM) is (2%). |
| What is the current EV/Revenue multiple of Clarivate? | Current revenue multiple of Clarivate is 2.3x. |
| Is Clarivate profitable? | Yes, Clarivate is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Clarivate? | Clarivate's last 12 months EBITDA is $1B. |
| What is Clarivate's EBITDA margin? | Clarivate's last 12 months EBITDA margin is 41%. |
| What is the current EV/EBITDA multiple of Clarivate? | Current EBITDA multiple of Clarivate is 5.7x. |
| What is the current FCF of Clarivate? | Clarivate's last 12 months FCF is $375M. |
| What is Clarivate's FCF margin? | Clarivate's last 12 months FCF margin is 15%. |
| What is the current EV/FCF multiple of Clarivate? | Current FCF multiple of Clarivate is 15.2x. |
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