Switch theme
Sign up to access all valuation multiples
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.
1983
1.6K+
LTM Revenue $425M
LTM EBITDA $44.4M
$135M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Forrester Research has a last 12-month revenue of $425M and a last 12-month EBITDA of $44.4M.
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| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $481M | $432M | XXX | XXX | XXX |
| Gross Profit | $314M | $276M | XXX | XXX | XXX |
| Gross Margin | 65% | 64% | XXX | XXX | XXX |
| EBITDA | $41.4M | $35.8M | XXX | XXX | XXX |
| EBITDA Margin | 9% | 8% | XXX | XXX | XXX |
| Net Profit | $21.8M | $3.0M | XXX | XXX | XXX |
| Net Margin | 5% | 1% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of April 15, 2025, Forrester Research's stock price is $9.
Forrester Research has current market cap of $167M, and EV of $135M.
See Forrester Research trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $135M | $167M | XXX | XXX | XXX | XXX | $1.42 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Sign UpAs of April 15, 2025, Forrester Research has market cap of $167M and EV of $135M.
Forrester Research's trades at 0.3x LTM EV/Revenue multiple, and 3.0x LTM EBITDA.
Analysts estimate Forrester Research's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Forrester Research and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $135M | XXX | XXX | XXX |
| EV/Revenue | 0.3x | XXX | XXX | XXX |
| EV/EBITDA | 3.8x | XXX | XXX | XXX |
| P/E | -29.0x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | -18.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpForrester Research's NTM/LTM revenue growth is -3%
Forrester Research's revenue per employee for the last fiscal year averaged $0.3M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, Forrester Research's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Forrester Research's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Forrester Research and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | -10% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -13% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 5% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.3M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 37% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 14% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 54% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| 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 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| 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 |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Sign Up| 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 $167M |
| What is the current revenue of Forrester Research? | Forrester Research's last 12-month revenue is $425M. |
| What is the current EBITDA of Forrester Research? | Forrester Research's last 12-month EBITDA is $44.4M. |
| What is the current EV/Revenue multiple of Forrester Research? | Current revenue multiple of Forrester Research is 0.3x. |
| What is the current EV/EBITDA multiple of Forrester Research? | Current EBITDA multiple of Forrester Research is 3.0x. |
| What is the current revenue growth of Forrester Research? | Forrester Research revenue growth between 2023 and 2024 was -10%. |
| Is Forrester Research profitable? | Yes, Forrester Research is EBITDA-positive (as of the last 12 months). |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
