KONE Valuation Multiples

KONE Overview

About KONE

Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.

Founded

1910

HQ

Employees

65.0K

Website

kone.com

Sectors

Building ProductsMachinery

Financials (LTM)

Revenue: $13B

EBITDA: $2B

EV

$37B

Valuation Multiples

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KONE Financials

KONE reported last 12-month revenue of $13B and EBITDA of $2B.

In the same LTM period, KONE generated $5B in gross profit, $2B in EBITDA, and $1B in net income.

KONE P&L

In the most recent fiscal year, KONE reported revenue of $13B and EBITDA of $2B.

KONE expects next 12-month revenue of XXX and NTM EBITDA of XXX

KONE Stock Performance

KONE has current market cap of $38B, and enterprise value of $37B.

KONE's stock price is $72.90.

KONE Valuation Multiples

KONE trades at 2.8x EV/Revenue multiple, and 18.3x EV/EBITDA.

KONE Financial Valuation Multiples

As of March 16, 2026, KONE has market cap of $38B and EV of $37B.

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

KONE has a P/E ratio of 31.8x.

KONE Margins & Growth Rates

KONE's revenue in the last 12 month grew by 2%.

KONE's revenue per employee in the last FY averaged $0.2M.

KONE's rule of 40 is 17% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

KONE's rule of X is 19% (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).

KONE Public Comps

See public comps and valuation multiples for other Building Products and Machinery comps.

KONE M&A Activity

KONE acquired XXX companies to date.

Last acquisition by KONE was on XXXXXXXX, XXXXX. KONE acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

KONE Investment Activity

KONE invested in XXX companies to date.

KONE made its latest investment on XXXXXXXX, XXXXX. KONE invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).