eXp World Holdings Valuation Multiples

Discover eXp World Holdings' revenue and EBITDA valuation multiples and M&A history, alongside public comparables like Wework India Management, Alliances Developpement, Summit Real Estate Group, Plazza and more.

eXp World Holdings Overview

About eXp World Holdings

eXp World Holdings Inc is a cloud-based residential real estate company. The company owns and operates a cloud-based real estate brokerage and a technology platform business that develops and uses immersive technologies that help businesses increase their effectiveness and reduce costs from operating in traditional brick-and-mortar office spaces. Its business categories include Real Estate Brokerage, Technology Products and Services, Title, Escrow, Settlement Services, and Mortgage Brokerage Services.


Founded

2008

HQ

United States

Employees

1.8K

Financials (LTM)

Revenue: $5B
EBITDA: $48M

EV

$870M

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eXp World Holdings Financials

eXp World Holdings reported last 12-month revenue of $5B and EBITDA of $48M.

In the same LTM period, eXp World Holdings generated $335M in gross profit, $48M in EBITDA, and had net loss of ($14M).

Revenue (LTM)


eXp World Holdings P&L

In the most recent fiscal year, eXp World Holdings reported revenue of $4.8B and EBITDA of $33M.

eXp World Holdings is unprofitable as of last fiscal year, with gross margin of 7%, EBITDA margin of 1%, and net margin of (0%).

See analyst estimates for eXp World Holdings
LTMLast FY2025202620272028
Revenue$5B$4.8B$4.8B
Gross Profit$335M$334M$334M
Gross Margin7%7%7%
EBITDA$48M$33M$33M
EBITDA Margin1%1%1%
EBIT Margin(0%)(0%)(0%)
Net Profit($14M)($23M)($23M)
Net Margin(0%)(0%)(0%)

Financial data powered by Morningstar, Inc.

eXp World Holdings Stock Performance

eXp World Holdings has current market cap of $993M, and enterprise value of $870M.

Market Cap Evolution

EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$870M$993M-----

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eXp World Holdings Valuation Multiples

eXp World Holdings trades at 0.2x EV/Revenue multiple, and 18.1x EV/EBITDA.

See NTM and 2027E valuation multiples for eXp World Holdings

EV / Revenue (LTM)


eXp World Holdings Financial Valuation Multiples

As of September 12, 2026, eXp World Holdings has market cap of $993M and EV of $870M.

eXp World Holdings has a P/E ratio of (72.4x).

LTMLast FY2025202620272028
EV/Revenue0.2x0.2x0.2x
EV/EBITDA18.1x26.2x26.2x
EV/EBIT(36.1x)(40.5x)(40.5x)
EV/Gross Profit2.6x2.6x2.6x
P/E(72.4x)(43.7x)(43.7x)

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified eXp World Holdings 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.

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eXp World Holdings Margins & Growth Rates

eXp World Holdings grew revenue by 6% and EBITDA by 64% in the last fiscal year.

In the most recent fiscal year, eXp World Holdings reported gross margin of 7%, EBITDA margin of 1%, and net margin of (0%).

See estimated margins and future growth rates for eXp World Holdings

eXp World Holdings Margins

Last FY20252026202720282029
Gross Margin7%7%7%
EBITDA Margin1%1%1%
EBIT Margin(0%)(0%)(0%)
Net Margin(0%)(0%)(0%)

eXp World Holdings Growth Rates

FY+1/FY25/2626/2727/2828/29
Revenue Growth6%6%
Gross Profit Growth0%0%
EBITDA Growth64%64%
EBIT Growth17%17%
Net Profit Growth(57%)(57%)

Data powered by FactSet, Inc. and Morningstar, Inc.

eXp World Holdings Operational KPIs

eXp World Holdings' revenue per employee in the last FY averaged $2.6M.

eXp World Holdings' Rule of 40 is 7% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

eXp World Holdings' Rule of X is 16% (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).

Access forward-looking KPIs for eXp World Holdings
LTMLast FY2025202620272028
Rule of 407%7%-
Bessemer Rule of X16%16%-
Revenue per Employee-$2.6M-
S&M Expenses to Revenue0%0%0%
G&A Expenses to Revenue6%6%6%
R&D Expenses to Revenue1%1%1%

Data powered by FactSet, Inc. and Morningstar, Inc.

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eXp World Holdings Competitors

eXp World Holdings competitors include Wework India Management, Alliances Developpement, Summit Real Estate Group, Plazza, GAG Immobilien, Morguard, Suzhou New District, Mainstreet Equity, RLH Properties and Ingenia Communities.

Most eXp World Holdings public comparables operate across Real Estate Services and PropTech.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Wework India Management6.0x5.3x9.2x8.3x
Alliances Developpement4.3x4.2x18.0x16.8x
Summit Real Estate Group8.5x-10.2x-
Plazza31.1x30.4x16.4x14.8x
GAG Immobilien7.0x-18.7x-
Morguard6.6x6.8x15.4x14.5x
Suzhou New District10.3x10.5x46.7x1333.7x
Mainstreet Equity11.6x11.1x8.2x16.4x

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Acquisitions by eXp World Holdings

eXp World Holdings has acquired 3 companies to date.

Last acquisition by eXp World Holdings was on May 6th 2026. eXp World Holdings acquired NextHome for undisclosed valuation.

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Latest Acquisitions by eXp World Holdings

NextHome
Zoocasa
Virbela
Description
NextHome is a real estate franchise offering branding, technology, and marketing tools with a flexible pricing model to support brokers and agents.
Zoocasa is a Toronto-headquartered tech-driven real estate brokerage offering proprietary search tools, virtual tours, and agent matching for home buyers and sellers in Canada. It covers markets in Ontario, British Columbia, and Alberta, providing commission-free buyer representation and market analytics powered by MLS data.
Virbela is a provider of immersive 3D virtual worlds for remote work, training, and events. Its platforms foster social collaboration and replicate in-person business experiences online. Founded in 2012 and Scottsdale-headquartered, it supports remote teams in education and corporate settings.
HQ CountryUnited StatesCanadaUnited States
HQ City
San Francisco, CA
Toronto
-
Deal Date6 May 202620 Jun 202223 Oct 2018
Valuationundisclosed$18M$12M
EV/Revenue
EV/EBITDA

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About eXp World Holdings

When was eXp World Holdings founded?eXp World Holdings was founded in 2008.
Where is eXp World Holdings headquartered?eXp World Holdings is headquartered in United States.
How many employees does eXp World Holdings have?As of today, eXp World Holdings has over 1K employees.
Who is the CEO of eXp World Holdings?eXp World Holdings' CEO is Glenn Sanford.
Is eXp World Holdings publicly listed?Yes, eXp World Holdings is a public company listed on Berlin Stock Exchange.
What is the stock symbol of eXp World Holdings?eXp World Holdings trades under 44Y ticker.
When did eXp World Holdings go public?eXp World Holdings went public in 2011.
Who are competitors of eXp World Holdings?eXp World Holdings main competitors include Wework India Management, Alliances Developpement, Summit Real Estate Group, Plazza, GAG Immobilien, Morguard, Suzhou New District, Mainstreet Equity, RLH Properties, Ingenia Communities.
What is the current market cap of eXp World Holdings?eXp World Holdings' current market cap is $993M.
What is the current revenue of eXp World Holdings?eXp World Holdings' last 12 months revenue is $5B.
What is the current revenue growth of eXp World Holdings?eXp World Holdings revenue growth (NTM/LTM) is 6%.
What is the current EV/Revenue multiple of eXp World Holdings?Current revenue multiple of eXp World Holdings is 0.2x.
What is the current EBITDA of eXp World Holdings?eXp World Holdings' last 12 months EBITDA is $48M.
What is eXp World Holdings' EBITDA margin?eXp World Holdings' last 12 months EBITDA margin is 1%.
What is the current EV/EBITDA multiple of eXp World Holdings?Current EBITDA multiple of eXp World Holdings is 18.1x.
How many companies eXp World Holdings has acquired to date?As of September 2026, eXp World Holdings has acquired 3 companies.
What was the largest acquisition by eXp World Holdings?$18M acquisition of Zoocasa on 20th June 2022 was the largest M&A eXp World Holdings has done to date.
What companies eXp World Holdings acquired?eXp World Holdings acquired Zoocasa, Virbela, and NextHome.
In how many companies eXp World Holdings has invested to date?eXp World Holdings hasn't invested in any companies yet (or none have been disclosed publicly).

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