π VC round data is live in beta, check it out!
- Public Comps
- Delivery Hero
Delivery Hero Valuation Multiples
Discover revenue and EBITDA valuation multiples for Delivery Hero and similar public comparables like carsales.com, Info Edge, CTS Eventim, Swiggy and more.
Delivery Hero Overview
About Delivery Hero
Founded in 2011, Delivery Hero is an online delivery demand aggregator. The company is headquartered in Germany and operates in over 70 countries across Latin America, Asia, Europe, the Middle East, and Africa. Delivery Hero creates a marketplace for merchants to establish an online presence, market their offerings, and meet demand through delivery. Nearly half of Delivery Heroβs revenue is commission fees from merchants. Through its applications, which vary by region, customers can order meals, grocery items, pharmacy products, and retail goods. In addition, Delivery Hero operates Dmarts.
Founded
2011
HQ

Employees
42.9K
Website
Financials (LTM)
EV
$9B
Delivery Hero Financials
Delivery Hero reported last 12-month revenue of $18B and EBITDA of $1B.
In the same LTM period, Delivery Hero generated $5B in gross profit, $1B in EBITDA, and had net loss of ($739M).
Revenue (LTM)
Delivery Hero P&L
In the most recent fiscal year, Delivery Hero reported revenue of $14B and EBITDA of $282M.
Delivery Hero expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $18B | XXX | $14B | XXX | XXX | XXX |
| Gross Profit | $5B | XXX | $4B | XXX | XXX | XXX |
| Gross Margin | 26% | XXX | 27% | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $282M | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | 2% | XXX | XXX | XXX |
| EBIT Margin | 3% | XXX | 4% | XXX | XXX | XXX |
| Net Profit | ($739M) | XXX | ($1B) | XXX | XXX | XXX |
| Net Margin | (4%) | XXX | (7%) | XXX | XXX | XXX |
| Net Debt | β | β | $2B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Delivery Hero Stock Performance
Delivery Hero has current market cap of $7B, and enterprise value of $9B.
Market Cap Evolution
Delivery Hero's stock price is $23.73.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $9B | $7B | 0.0% | XXX | XXX | XXX | $-3.46 |
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 TrialDelivery Hero Valuation Multiples
Delivery Hero trades at 0.5x EV/Revenue multiple, and 8.7x EV/EBITDA.
EV / Revenue (LTM)
Delivery Hero Financial Valuation Multiples
As of April 19, 2026, Delivery Hero has market cap of $7B and EV of $9B.
Equity research analysts estimate Delivery Hero's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Delivery Hero has a P/E ratio of (9.6x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $7B | XXX | $7B | XXX | XXX | XXX |
| EV (current) | $9B | XXX | $9B | XXX | XXX | XXX |
| EV/Revenue | 0.5x | XXX | 0.6x | XXX | XXX | XXX |
| EV/EBITDA | 8.7x | XXX | 32.8x | XXX | XXX | XXX |
| EV/EBIT | 17.6x | XXX | 17.9x | XXX | XXX | XXX |
| EV/Gross Profit | 2.0x | XXX | 2.4x | XXX | XXX | XXX |
| P/E | (9.6x) | XXX | (6.9x) | XXX | XXX | XXX |
| EV/FCF | 34.2x | XXX | 22.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Delivery Hero 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.


Delivery Hero Margins & Growth Rates
Delivery Hero's revenue in the last 12 month grew by 8%.
Delivery Hero's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
Delivery Hero's rule of 40 is 14% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Delivery Hero's rule of X is 27% (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).
Delivery Hero Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 8% | XXX | 18% | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | 2% | XXX | XXX | XXX |
| EBITDA Growth | 14% | XXX | 269% | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 14% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 27% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 10% | XXX | 6% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 13% | XXX | 3% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 0% | XXX | β | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 23% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Delivery Hero Public Comps
See public comps and valuation multiples for other Food Delivery and Consumer Marketplaces comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Delivery Hero | XXX | XXX | XXX | XXX | XXX | XXX |
| carsales.com | XXX | XXX | XXX | XXX | XXX | XXX |
| Info Edge | XXX | XXX | XXX | XXX | XXX | XXX |
| CTS Eventim | XXX | XXX | XXX | XXX | XXX | XXX |
| Swiggy | XXX | XXX | XXX | XXX | XXX | XXX |
| BOSS Zhipin | 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.
Delivery Hero M&A Activity
Delivery Hero acquired XXX companies to date.
Last acquisition by Delivery Hero was on XXXXXXXX, XXXXX. Delivery Hero acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Delivery Hero
| 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 TrialDelivery Hero Investment Activity
Delivery Hero invested in XXX companies to date.
Delivery Hero made its latest investment on XXXXXXXX, XXXXX. Delivery Hero invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Delivery Hero
| 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 Delivery Hero
| When was Delivery Hero founded? | Delivery Hero was founded in 2011. |
| Where is Delivery Hero headquartered? | Delivery Hero is headquartered in Germany. |
| How many employees does Delivery Hero have? | As of today, Delivery Hero has over 42K employees. |
| Is Delivery Hero publicly listed? | Yes, Delivery Hero is a public company listed on Frankfurt Stock Exchange. |
| What is the stock symbol of Delivery Hero? | Delivery Hero trades under DHER ticker. |
| When did Delivery Hero go public? | Delivery Hero went public in 2017. |
| Who are competitors of Delivery Hero? | Delivery Hero main competitors are carsales.com, Info Edge, CTS Eventim, Swiggy. |
| What is the current market cap of Delivery Hero? | Delivery Hero's current market cap is $7B. |
| What is the current revenue of Delivery Hero? | Delivery Hero's last 12 months revenue is $18B. |
| What is the current revenue growth of Delivery Hero? | Delivery Hero revenue growth (NTM/LTM) is 8%. |
| What is the current EV/Revenue multiple of Delivery Hero? | Current revenue multiple of Delivery Hero is 0.5x. |
| Is Delivery Hero profitable? | Yes, Delivery Hero is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Delivery Hero? | Delivery Hero's last 12 months EBITDA is $1B. |
| What is Delivery Hero's EBITDA margin? | Delivery Hero's last 12 months EBITDA margin is 6%. |
| What is the current EV/EBITDA multiple of Delivery Hero? | Current EBITDA multiple of Delivery Hero is 8.7x. |
| What is the current FCF of Delivery Hero? | Delivery Hero's last 12 months FCF is $271M. |
| What is Delivery Hero's FCF margin? | Delivery Hero's last 12 months FCF margin is 2%. |
| What is the current EV/FCF multiple of Delivery Hero? | Current FCF multiple of Delivery Hero is 34.2x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.