Karoon produces around 8 million barrels of oil equivalent annually from its wholly owned Baúna field in Brazil’s offshore Santos Basin and around 3.5 mmboe from 30% owned Who Dat in the US Gulf. The company acquired Baúna from Petrobras in 2020 and steadily increased production via well interventions and new developments. Field life is approaching five years based on proven and probable reserves of 35 million barrels at the end of December 2024, though this excludes a further 98 million barrels in 2C contingent resources that have the potential to increase life further. We credit a life of more than 10 years, assuming conversion of some 2C contingent resources into the reserve category with drilling. There are also prospective untested targets within Karoon’s permits.
2003
155
LTM Revenue $1.0B
LTM EBITDA $640M
$1.0B
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As of August 2025, Karoon Energy reported last 12-month revenue of $1.0B and EBITDA of $640M.
In the same period, Karoon Energy generated $738M in LTM gross profit and $206M in net income.
See Karoon Energy valuation multiples based on analyst estimatesIn the most recent fiscal year, Karoon Energy reported revenue of $509M and EBITDA of $332M.
Karoon Energy expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See Karoon Energy valuation multiples based on analyst estimatesLTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Revenue | $1.0B | XXX | $509M | XXX | XXX | XXX |
Gross Profit | $738M | XXX | $385M | XXX | XXX | XXX |
Gross Margin | 72% | XXX | 76% | XXX | XXX | XXX |
EBITDA | $640M | XXX | $332M | XXX | XXX | XXX |
EBITDA Margin | 62% | XXX | 65% | XXX | XXX | XXX |
EBIT | $372M | XXX | $205M | XXX | XXX | XXX |
EBIT Margin | 36% | XXX | 40% | XXX | XXX | XXX |
Net Profit | $206M | XXX | $83.6M | XXX | XXX | XXX |
Net Margin | 20% | XXX | 16% | XXX | XXX | XXX |
Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
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Karoon Energy has current market cap of AUD 1.2B (or $815M), and EV of AUD 1.6B (or $1.0B).
As of September 17, 2025, Karoon Energy's stock price is AUD 2 (or $1).
See Karoon Energy trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$1.0B | $815M | XXX | XXX | XXX | XXX | $0.18 |
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Start Free TrialKaroon Energy's trades at 2.0x EV/Revenue multiple, and 3.1x EV/EBITDA.
See valuation multiples for Karoon Energy and 15K+ public compsAs of September 17, 2025, Karoon Energy has market cap of $815M and EV of $1.0B.
Equity research analysts estimate Karoon Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Karoon Energy has a P/E ratio of 6.0x.
LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Market cap (current) | $815M | XXX | $815M | XXX | XXX | XXX |
EV (current) | $1.0B | XXX | $1.0B | XXX | XXX | XXX |
EV/Revenue | 1.5x | XXX | 2.0x | XXX | XXX | XXX |
EV/EBITDA | 2.5x | XXX | 3.1x | XXX | XXX | XXX |
EV/EBIT | 4.2x | XXX | 5.1x | XXX | XXX | XXX |
EV/Gross Profit | 2.1x | XXX | n/a | XXX | XXX | XXX |
P/E | 6.0x | XXX | 9.8x | XXX | XXX | XXX |
EV/FCF | 7.6x | XXX | 7.4x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialKaroon Energy's last 12 month revenue growth is -11%
Karoon Energy's revenue per employee in the last FY averaged $3.3M, while opex per employee averaged $1.2M for the same period.
Karoon Energy's rule of 40 is 58% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Karoon Energy's rule of X is 35% (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 Karoon Energy and other 15K+ public compsLTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Revenue Growth | -11% | XXX | 8% | XXX | XXX | XXX |
EBITDA Margin | 62% | XXX | 65% | XXX | XXX | XXX |
EBITDA Growth | -8% | XXX | 43% | XXX | XXX | XXX |
Rule of 40 | 58% | XXX | 54% | XXX | XXX | XXX |
Bessemer Rule of X | XXX | XXX | 35% | XXX | XXX | XXX |
Revenue per Employee | XXX | XXX | $3.3M | XXX | XXX | XXX |
Opex per Employee | XXX | XXX | $1.2M | XXX | XXX | XXX |
S&M Expenses to Revenue | XXX | XXX | n/a | 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 | 35% | XXX | XXX | XXX |
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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 | |||||
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2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
ADNOC Drilling Company | XXX | XXX | XXX | XXX | XXX | XXX |
ADNOC Gas | XXX | XXX | XXX | XXX | XXX | XXX |
Dana Gas | XXX | XXX | XXX | XXX | XXX | XXX |
Fugro | XXX | XXX | XXX | XXX | XXX | XXX |
SBM Offshore | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Karoon Energy acquired XXX companies to date.
Last acquisition by Karoon Energy was XXXXXXXX, XXXXX XXXXX XXXXXX . Karoon Energy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired 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 |
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Start Free TrialWhen was Karoon Energy founded? | Karoon Energy was founded in 2003. |
Where is Karoon Energy headquartered? | Karoon Energy is headquartered in Australia. |
How many employees does Karoon Energy have? | As of today, Karoon Energy has 155 employees. |
Who is the CEO of Karoon Energy? | Karoon Energy's CEO is Dr. Julian Fowles. |
Is Karoon Energy publicy listed? | Yes, Karoon Energy is a public company listed on ASX. |
What is the stock symbol of Karoon Energy? | Karoon Energy trades under KAR ticker. |
When did Karoon Energy go public? | Karoon Energy went public in 2004. |
Who are competitors of Karoon Energy? | Similar companies to Karoon Energy include e.g. ADNOC Drilling Company, ADNOC Gas, Dana Gas, Fugro. |
What is the current market cap of Karoon Energy? | Karoon Energy's current market cap is $815M |
What is the current revenue of Karoon Energy? | Karoon Energy's last 12 months revenue is $1.0B. |
What is the current revenue growth of Karoon Energy? | Karoon Energy revenue growth (NTM/LTM) is -11%. |
What is the current EV/Revenue multiple of Karoon Energy? | Current revenue multiple of Karoon Energy is 1.5x. |
Is Karoon Energy profitable? | Yes, Karoon Energy is EBITDA-positive (as of the last 12 months). |
What is the current EBITDA of Karoon Energy? | Karoon Energy's last 12 months EBITDA is $640M. |
What is Karoon Energy's EBITDA margin? | Karoon Energy's last 12 months EBITDA margin is 62%. |
What is the current EV/EBITDA multiple of Karoon Energy? | Current EBITDA multiple of Karoon Energy is 2.5x. |
What is the current FCF of Karoon Energy? | Karoon Energy's last 12 months FCF is $209M. |
What is Karoon Energy's FCF margin? | Karoon Energy's last 12 months FCF margin is 20%. |
What is the current EV/FCF multiple of Karoon Energy? | Current FCF multiple of Karoon Energy is 7.6x. |
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