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FLSmidth Valuation Multiples
Discover revenue and EBITDA valuation multiples for FLSmidth and similar public comparables like Georg Fischer, Doosan Bobcat, Interpump Group, Krones and more.
FLSmidth Overview
About FLSmidth
FLSmidth & Co AS is a Denmark-based company thatsupplies technologies and services to the mining industry, including solutions across processing flowsheets. Its offerings are aimed at supporting operational efficiency, risk management, and environmental considerations in the production of metals and minerals. The company's three segments are: Service, Products, and Pumps, Cyclones & Valves (PC&V). The majority of the company's revenue is generated from the Service segment. Geographically, the company operates across North America, South America, Europe, the Middle East & Africa, and Asia & Australia. Among all regions, South America contributes the majority of revenue.
Founded
1882
HQ

Employees
5.5K
Website
Sectors
Financials (LTM)
EV
$5B
FLSmidth Financials
FLSmidth reported last 12-month revenue of $2B and EBITDA of $424M.
In the same LTM period, FLSmidth generated $612M in gross profit, $424M in EBITDA, and $89M in net income.
Revenue (LTM)
FLSmidth P&L
In the most recent fiscal year, FLSmidth reported revenue of $2B and EBITDA of $410M.
FLSmidth 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 | $612M | XXX | $804M | XXX | XXX | XXX |
| Gross Margin | 26% | XXX | 35% | XXX | XXX | XXX |
| EBITDA | $424M | XXX | $410M | XXX | XXX | XXX |
| EBITDA Margin | 18% | XXX | 18% | XXX | XXX | XXX |
| EBIT Margin | 16% | XXX | 16% | XXX | XXX | XXX |
| Net Profit | $89M | XXX | $1M | XXX | XXX | XXX |
| Net Margin | 4% | XXX | 0% | XXX | XXX | XXX |
| Net Debt | — | — | $272M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
FLSmidth Stock Performance
FLSmidth has current market cap of $5B, and enterprise value of $5B.
Market Cap Evolution
FLSmidth's stock price is $85.45.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5B | $5B | 0.0% | XXX | XXX | XXX | $0.02 |
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Start Free TrialFLSmidth Valuation Multiples
FLSmidth trades at 2.1x EV/Revenue multiple, and 11.7x EV/EBITDA.
EV / Revenue (LTM)
FLSmidth Financial Valuation Multiples
As of April 20, 2026, FLSmidth has market cap of $5B and EV of $5B.
Equity research analysts estimate FLSmidth's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
FLSmidth has a P/E ratio of 51.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV/Revenue | 2.1x | XXX | 2.1x | XXX | XXX | XXX |
| EV/EBITDA | 11.7x | XXX | 12.1x | XXX | XXX | XXX |
| EV/EBIT | 13.1x | XXX | 13.4x | XXX | XXX | XXX |
| EV/Gross Profit | 8.1x | XXX | 6.1x | XXX | XXX | XXX |
| P/E | 51.9x | XXX | 3659.1x | XXX | XXX | XXX |
| EV/FCF | 50.5x | XXX | 74.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified FLSmidth 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.


FLSmidth Margins & Growth Rates
FLSmidth's revenue in the last 12 month grew by 3%.
FLSmidth's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.1M for the same period.
FLSmidth's rule of 40 is 22% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
FLSmidth's rule of X is 24% (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).
FLSmidth Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | 1% | XXX | XXX | XXX |
| EBITDA Margin | 18% | XXX | 18% | XXX | XXX | XXX |
| EBITDA Growth | 12% | XXX | 16% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 22% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 24% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 8% | XXX | 9% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 10% | XXX | 11% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 6% | XXX | 6% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 22% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
FLSmidth Public Comps
See public comps and valuation multiples for other Machinery comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| FLSmidth | XXX | XXX | XXX | XXX | XXX | XXX |
| Georg Fischer | XXX | XXX | XXX | XXX | XXX | XXX |
| Doosan Bobcat | XXX | XXX | XXX | XXX | XXX | XXX |
| Interpump Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Krones | XXX | XXX | XXX | XXX | XXX | XXX |
| Danieli & C. Officine | 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.
FLSmidth M&A Activity
FLSmidth acquired XXX companies to date.
Last acquisition by FLSmidth was on XXXXXXXX, XXXXX. FLSmidth acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by FLSmidth
| 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
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Start Free TrialFLSmidth Investment Activity
FLSmidth invested in XXX companies to date.
FLSmidth made its latest investment on XXXXXXXX, XXXXX. FLSmidth invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by FLSmidth
| 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 FLSmidth
| When was FLSmidth founded? | FLSmidth was founded in 1882. |
| Where is FLSmidth headquartered? | FLSmidth is headquartered in Denmark. |
| How many employees does FLSmidth have? | As of today, FLSmidth has over 5K employees. |
| Who is the CEO of FLSmidth? | FLSmidth's CEO is Toni Laaksonen. |
| Is FLSmidth publicly listed? | Yes, FLSmidth is a public company listed on Nasdaq Copenhagen. |
| What is the stock symbol of FLSmidth? | FLSmidth trades under FLS ticker. |
| When did FLSmidth go public? | FLSmidth went public in 1993. |
| Who are competitors of FLSmidth? | FLSmidth main competitors are Georg Fischer, Doosan Bobcat, Interpump Group, Krones. |
| What is the current market cap of FLSmidth? | FLSmidth's current market cap is $5B. |
| What is the current revenue of FLSmidth? | FLSmidth's last 12 months revenue is $2B. |
| What is the current revenue growth of FLSmidth? | FLSmidth revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of FLSmidth? | Current revenue multiple of FLSmidth is 2.1x. |
| Is FLSmidth profitable? | Yes, FLSmidth is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of FLSmidth? | FLSmidth's last 12 months EBITDA is $424M. |
| What is FLSmidth's EBITDA margin? | FLSmidth's last 12 months EBITDA margin is 18%. |
| What is the current EV/EBITDA multiple of FLSmidth? | Current EBITDA multiple of FLSmidth is 11.7x. |
| What is the current FCF of FLSmidth? | FLSmidth's last 12 months FCF is $98M. |
| What is FLSmidth's FCF margin? | FLSmidth's last 12 months FCF margin is 4%. |
| What is the current EV/FCF multiple of FLSmidth? | Current FCF multiple of FLSmidth is 50.5x. |
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