🎉 M&A multiples are live!
Check it out!

Forrester Research Valuation Multiples

Discover revenue and EBITDA valuation multiples for Forrester Research and similar public comparables like Bluebik Group, RPMGlobal, and Appen.

Forrester Research Overview

About Forrester Research

Forrester Research Inc provides independent research, data, and advisory services. It operates through the following segments: The Research segment develops and delivers research, connect, and analytics products; The consulting segment includes the revenues and the related costs of the company's consulting organization, and the Events segment is engaged in developing and hosting in-person and virtual events.


Founded

1983

HQ

United States of America
Employees

1.6K+

Website

forrester.com

Financials

LTM Revenue $422M

LTM EBITDA $43.6M

EV

$125M

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 12K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Forrester Research Financials

Forrester Research has a last 12-month revenue (LTM) of $422M and a last 12-month EBITDA of $43.6M.

In the most recent fiscal year, Forrester Research achieved revenue of $432M and an EBITDA of $35.8M.

Forrester Research expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Forrester Research valuation multiples based on analyst estimates

Forrester Research P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $422M XXX $432M XXX XXX XXX
Gross Profit $243M XXX $250M XXX XXX XXX
Gross Margin 58% XXX 58% XXX XXX XXX
EBITDA $43.6M XXX $35.8M XXX XXX XXX
EBITDA Margin 10% XXX 8% XXX XXX XXX
EBIT $36.7M XXX $14.3M XXX XXX XXX
EBIT Margin 9% XXX 3% XXX XXX XXX
Net Profit -$36.1M XXX -$5.7M XXX XXX XXX
Net Margin -9% XXX -1% XXX XXX XXX
Net Debt XXX XXX n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

Forrester Research Stock Performance

As of May 30, 2025, Forrester Research's stock price is $11.

Forrester Research has current market cap of $202M, and EV of $125M.

See Forrester Research trading valuation data

Forrester Research Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$125M $202M XXX XXX XXX XXX $1.39

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Forrester Research Valuation Multiples

As of May 30, 2025, Forrester Research has market cap of $202M and EV of $125M.

Forrester Research's trades at 0.3x EV/Revenue multiple, and 3.5x EV/EBITDA.

Equity research analysts estimate Forrester Research's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

Forrester Research has a P/E ratio of -5.6x.

See valuation multiples for Forrester Research and 12K+ public comps

Forrester Research Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $202M XXX $202M XXX XXX XXX
EV (current) $125M XXX $125M XXX XXX XXX
EV/Revenue 0.3x XXX 0.3x XXX XXX XXX
EV/EBITDA 2.9x XXX 3.5x XXX XXX XXX
EV/EBIT 3.4x XXX 8.8x XXX XXX XXX
EV/Gross Profit 0.5x XXX n/a XXX XXX XXX
P/E -5.6x XXX -35.2x XXX XXX XXX
EV/FCF 9.1x XXX -17.2x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Forrester Research Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Forrester Research Margins & Growth Rates

Forrester Research's last 12 month revenue growth is -3%

Forrester Research's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.

Forrester Research's rule of 40 is 6% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Forrester Research's rule of X is 3% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Forrester Research and other 12K+ public comps

Forrester Research Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth -3% XXX -2% XXX XXX XXX
EBITDA Margin 10% XXX 8% XXX XXX XXX
EBITDA Growth 0% XXX -1% XXX XXX XXX
Rule of 40 6% XXX 5% XXX XXX XXX
Bessemer Rule of X XXX XXX 3% XXX XXX XXX
Revenue per Employee XXX XXX $0.3M XXX XXX XXX
Opex per Employee XXX XXX $0.1M XXX XXX XXX
S&M Expenses to Revenue XXX XXX 37% XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX n/a XXX XXX XXX
Opex to Revenue XXX XXX 54% XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Forrester Research Public Comps

See public comps and valuation multiples for Business Consulting and Market Research comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Almunda Professionals XXX XXX XXX XXX XXX XXX
Appen XXX XXX XXX XXX XXX XXX
RPMGlobal XXX XXX XXX XXX XXX XXX
Bluebik Group XXX XXX XXX XXX XXX XXX
Business Online 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.

Forrester Research M&A and Investment Activity

Forrester Research acquired  XXX companies to date.

Last acquisition by Forrester Research was  XXXXXXXX, XXXXX XXXXX XXXXXX . Forrester Research acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Forrester Research

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Start Free Trial

About Forrester Research

When was Forrester Research founded? Forrester Research was founded in 1983.
Where is Forrester Research headquartered? Forrester Research is headquartered in United States of America.
How many employees does Forrester Research have? As of today, Forrester Research has 1.6K+ employees.
Who is the CEO of Forrester Research? Forrester Research's CEO is Mr. George F. Colony.
Is Forrester Research publicy listed? Yes, Forrester Research is a public company listed on NAS.
What is the stock symbol of Forrester Research? Forrester Research trades under FORR ticker.
When did Forrester Research go public? Forrester Research went public in 1996.
Who are competitors of Forrester Research? Similar companies to Forrester Research include e.g. Almunda Professionals, Appen, RPMGlobal, Bluebik Group.
What is the current market cap of Forrester Research? Forrester Research's current market cap is $202M
What is the current revenue of Forrester Research? Forrester Research's last 12 months revenue is $422M.
What is the current revenue growth of Forrester Research? Forrester Research revenue growth (NTM/LTM) is -3%.
What is the current EV/Revenue multiple of Forrester Research? Current revenue multiple of Forrester Research is 0.3x.
Is Forrester Research profitable? Yes, Forrester Research is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Forrester Research? Forrester Research's last 12 months EBITDA is $43.6M.
What is Forrester Research's EBITDA margin? Forrester Research's last 12 months EBITDA margin is 10%.
What is the current EV/EBITDA multiple of Forrester Research? Current EBITDA multiple of Forrester Research is 2.9x.
What is the current FCF of Forrester Research? Forrester Research's last 12 months FCF is $13.8M.
What is Forrester Research's FCF margin? Forrester Research's last 12 months FCF margin is 3%.
What is the current EV/FCF multiple of Forrester Research? Current FCF multiple of Forrester Research is 9.1x.

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.