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Exponent Valuation Multiples

Discover revenue and EBITDA valuation multiples for Exponent and similar public comparables like Peab, Travaux GΓ©nΓ©raux de Construction de Casablanca, Koninklijke Bam Groep, Aktor Group and more.

Exponent Overview

About Exponent

Exponent Inc is a science and engineering consulting firm that provides solutions to complex problems. The company's consultant team is composed of scientists, physicians, engineers, as well as business and regulatory consultants. The company currently operates through two segments. The engineering and other scientific segments, which account for the majority of revenue, provide servicing encompassing biomechanics, biomedical engineering, buildings and structures, civil engineering, construction consulting, etc. The environmental and health segment covers chemical regulation and food safety, ecological and biological sciences, environmental and earth sciences and others. The company generates almost all of its revenues from America.


Founded

1989

HQ

United States

Employees

1.2K

Financials (LTM)

Revenue: $554M
EBITDA: $173M

EV

$3B

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Exponent Financials

Exponent reported last 12-month revenue of $554M and EBITDA of $173M.

In the same LTM period, Exponent generated $167M in gross profit, $173M in EBITDA, and $109M in net income.

Revenue (LTM)


Exponent P&L

In the most recent fiscal year, Exponent reported revenue of $582M and EBITDA of $166M.

Exponent is profitable as of last fiscal year, with EBITDA margin of 28% and net margin of 18%.

See analyst estimates for Exponent
LTMLast FY202320242025202620272028
Revenue$554M$582M$537M$559M$582M
Gross Profit$167Mβ€”β€”β€”$204M
Gross Margin30%β€”β€”β€”35%
EBITDA$173M$166M$120M$129M$130M
EBITDA Margin31%28%22%23%22%
EBIT Margin24%21%21%21%21%
Net Profit$109M$106M$100M$109M$106M
Net Margin20%18%19%20%18%

Financial data powered by Morningstar, Inc.

Exponent Stock Performance

Exponent has current market cap of $3B, and enterprise value of $3B.

Market Cap Evolution


Exponent's stock price is $53.80.

Exponent share price decreased by 19.6% in the last 30 days, and by 29.5% in the last year.

Exponent has an EPS (earnings per share) of $2.19.

See more trading valuation data for Exponent
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$3B$3B0.0%-19.6%-26.1%-29.5%$2.19

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Exponent Valuation Multiples

Exponent trades at 4.6x EV/Revenue multiple, and 14.9x EV/EBITDA.

See NTM and 2027E valuation multiples for Exponent

EV / Revenue (LTM)


Exponent Financial Valuation Multiples

As of May 17, 2026, Exponent has market cap of $3B and EV of $3B.

Exponent has a P/E ratio of 24.0x.

LTMLast FY202320242025202620272028
EV/Revenue4.6x4.4x4.8x4.6x4.4x
EV/EBITDA14.9x15.5x21.4x19.9x19.8x
EV/EBIT19.1x20.7x23.1x21.5x21.5x
EV/Gross Profit15.4xβ€”β€”β€”12.6x
P/E24.0x24.6x26.0x23.9x24.6x
EV/FCF15.1x16.0x23.2x18.7x21.0x

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

Verified Exponent 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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Exponent Margins & Growth Rates

Exponent grew revenue by 0% and EBITDA by 11% in the last fiscal year.

In the most recent fiscal year, Exponent reported EBITDA margin of 28% and net margin of 18%.

See estimated margins and future growth rates for Exponent

Exponent Margins

Last FY202420252026202720282029
Gross Marginβ€”β€”35%31%
EBITDA Margin28%23%22%32%
EBIT Margin21%21%21%26%
Net Margin18%20%18%19%
FCF Margin28%25%21%32%

Exponent Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth0%4%4%0%
Gross Profit Growthβ€”β€”β€”(12%)
EBITDA Growth11%7%0%42%
EBIT Growth23%7%0%28%
Net Profit Growth7%9%(3%)7%
FCF Growth15%24%(11%)52%

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

Exponent Operational KPIs

Exponent's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.4M for the same period.

Exponent's Rule of 40 is 32% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Exponent'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).

Access forward-looking KPIs for Exponent
LTMLast FY202320242025202620272028
Rule of 4039%32%β€”β€”β€”
Bessemer Rule of X52%32%β€”β€”β€”
Revenue per Employeeβ€”$0.5Mβ€”β€”β€”
Opex per Employeeβ€”$0.4Mβ€”β€”β€”
G&A Expenses to Revenue5%63%64%63%63%
Opex to Revenueβ€”79%79%79%79%

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

Valuation Multiples Across 230+ Verticals

Exponent Competitors

Exponent competitors include Peab, Travaux GΓ©nΓ©raux de Construction de Casablanca, Koninklijke Bam Groep, Aktor Group, Electra, Hill & Smith, Tecnicas Reunidas, Veidekke, Aecon Group and CA Immo.

Most Exponent public comparables operate across Construction & Engineering and EduTech.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Peab0.6x0.6x7.9x7.8x
Travaux GΓ©nΓ©raux de Construction de Casablanca3.5x2.0x26.6x9.1x
Koninklijke Bam Groep0.3x0.2x4.2x4.5x
Aktor Group2.3xβ€”21.3xβ€”
Electra0.8xβ€”12.2xβ€”
Hill & Smith2.3x2.3x11.2x10.9x
Tecnicas Reunidas0.3x0.3x5.7x5.6x
Veidekke0.4x0.4x5.9x6.3x

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Exponent M&A Activity

Exponent has acquired 4 companies to date.

Last acquisition by Exponent was on August 12th 2024. Exponent acquired Codin for undisclosed valuation.

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Latest Acquisitions by Exponent

Codin
Ladder
Carrus
Pramp
Description
Codin is a project collaboration platform for developers to discover, fork, and showcase coding challenges. Amsterdam-based, it hosts repositories for web apps, algorithms, and ML models with built-in previews and deployment previews. Codin connects users via contests and hiring boards, integrating GitHub for version control. Launched in 2022, it emphasizes portfolio-building for junior engineers.
Ladder is a New York-based professional networking platform where members join communities centered on industries like tech, finance, and marketing. Participants access curated career advice, job listings, and mentorship pairings alongside discussion forums. Ladder facilitates peer connections through virtual events and content from industry leaders, helping users aged 18 to 35 advance in competitive job markets.
Carrus is an on-demand career coaching platform matching job seekers with professional coaches via video sessions. San Francisco-headquartered, it offers personalized guidance on resumes, interviews, salary negotiation, and career transitions. The service connects users to coaches from companies like Google and Amazon for targeted advice in tech and other industries.
San Francisco-based Pramp facilitates free peer-to-peer practice for coding interviews among software engineers. Founded in 2016, the platform automates scheduling, matching based on skills and availability, and provides HD video chat, collaborative code editors, and feedback tools.
HQ CountryUnited StatesUnited StatesUnited StatesUnited States
HQ City
San Francisco, CA
San Francisco, CA
Wilmington, DE
San Francisco, CA
Deal Date12 Aug 202411 May 202324 Jan 202318 Nov 2021
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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About Exponent

When was Exponent founded?Exponent was founded in 1989.
Where is Exponent headquartered?Exponent is headquartered in United States.
How many employees does Exponent have?As of today, Exponent has over 1K employees.
Who is the CEO of Exponent?Exponent's CEO is Catherine Ford Corrigan.
Is Exponent publicly listed?Yes, Exponent is a public company listed on Nasdaq.
What is the stock symbol of Exponent?Exponent trades under EXPO ticker.
When did Exponent go public?Exponent went public in 1985.
Who are competitors of Exponent?Exponent main competitors include Peab, Travaux GΓ©nΓ©raux de Construction de Casablanca, Koninklijke Bam Groep, Aktor Group, Electra, Hill & Smith, Tecnicas Reunidas, Veidekke, Aecon Group, CA Immo.
What is the current market cap of Exponent?Exponent's current market cap is $3B.
What is the current revenue of Exponent?Exponent's last 12 months revenue is $554M.
What is the current revenue growth of Exponent?Exponent revenue growth (NTM/LTM) is 8%.
What is the current EV/Revenue multiple of Exponent?Current revenue multiple of Exponent is 4.6x.
Is Exponent profitable?Yes, Exponent is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Exponent?Exponent's last 12 months EBITDA is $173M.
What is Exponent's EBITDA margin?Exponent's last 12 months EBITDA margin is 31%.
What is the current EV/EBITDA multiple of Exponent?Current EBITDA multiple of Exponent is 14.9x.
What is the current FCF of Exponent?Exponent's last 12 months FCF is $170M.
What is Exponent's FCF margin?Exponent's last 12 months FCF margin is 31%.
What is the current EV/FCF multiple of Exponent?Current FCF multiple of Exponent is 15.1x.
How many companies Exponent has acquired to date?As of May 2026, Exponent has acquired 4 companies.
What was the largest acquisition by Exponent?None of the M&A deals Exponent has completed have disclosed valuations.
What companies Exponent acquired?Exponent acquired Pramp, Carrus, Ladder, and Codin.
In how many companies Exponent has invested to date?Exponent hasn't invested in any companies yet (or none have been disclosed publicly).

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