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Ribbon Communications Valuation Multiples
Discover revenue and EBITDA valuation multiples for Ribbon Communications and similar public comparables like Amper, Gemtek Technology, Consensus Cloud, Edarat Group and more.
Ribbon Communications Overview
About Ribbon Communications
Ribbon Communications Inc provides network solutions to service providers and enterprises. The company enables service providers and enterprises to modernize their communications networks and provide secure real-time communications solutions to their customers and employees. The company has two separate lines of business; the Cloud and Edge segment, and the IP Optical Networks segment. The majority of the revenue for the company is generated from its Cloud and Edge segment that provides secure and reliable software and hardware products, solutions, and services for VoIP communications, Voice Over LTE among others to service providers and enterprise customers. The company generates majority of its revenue from United States.
Founded
2017
HQ

Employees
3.1K
Website
Financials (LTM)
EV
$802M
Ribbon Communications Financials
Ribbon Communications reported last 12-month revenue of $844M and EBITDA of $105M.
In the same LTM period, Ribbon Communications generated $437M in gross profit, $105M in EBITDA, and $89M in net income.
Revenue (LTM)
Ribbon Communications P&L
In the most recent fiscal year, Ribbon Communications reported revenue of $845M and EBITDA of $107M.
Ribbon Communications expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $844M | XXX | $845M | XXX | XXX | XXX |
| Gross Profit | $437M | XXX | $421M | XXX | XXX | XXX |
| Gross Margin | 52% | XXX | 50% | XXX | XXX | XXX |
| EBITDA | $105M | XXX | $107M | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 13% | XXX | XXX | XXX |
| EBIT Margin | 3% | XXX | 2% | XXX | XXX | XXX |
| Net Profit | $89M | XXX | $118M | XXX | XXX | XXX |
| Net Margin | 11% | XXX | 14% | XXX | XXX | XXX |
| Net Debt | — | — | $237M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Ribbon Communications Stock Performance
Ribbon Communications has current market cap of $493M, and enterprise value of $802M.
Market Cap Evolution
Ribbon Communications' stock price is $2.81.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $802M | $493M | 0.2% | XXX | XXX | XXX | $0.67 |
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Start Free TrialRibbon Communications Valuation Multiples
Ribbon Communications trades at 1.0x EV/Revenue multiple, and 7.6x EV/EBITDA.
EV / Revenue (LTM)
Ribbon Communications Financial Valuation Multiples
As of April 20, 2026, Ribbon Communications has market cap of $493M and EV of $802M.
Equity research analysts estimate Ribbon Communications' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Ribbon Communications has a P/E ratio of 5.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $493M | XXX | $493M | XXX | XXX | XXX |
| EV (current) | $802M | XXX | $802M | XXX | XXX | XXX |
| EV/Revenue | 1.0x | XXX | 0.9x | XXX | XXX | XXX |
| EV/EBITDA | 7.6x | XXX | 7.5x | XXX | XXX | XXX |
| EV/EBIT | 35.0x | XXX | 38.8x | XXX | XXX | XXX |
| EV/Gross Profit | 1.8x | XXX | 1.9x | XXX | XXX | XXX |
| P/E | 5.5x | XXX | 4.2x | XXX | XXX | XXX |
| EV/FCF | 14.5x | XXX | 11.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Ribbon Communications 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.


Ribbon Communications Margins & Growth Rates
Ribbon Communications' revenue in the last 12 month grew by 2%.
Ribbon Communications' revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
Ribbon Communications' rule of 40 is 12% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Ribbon Communications' rule of X is 11% (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).
Ribbon Communications Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 2% | XXX | (0%) | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 13% | XXX | XXX | XXX |
| EBITDA Growth | 3% | XXX | (5%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 12% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 11% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 15% | XXX | 16% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 6% | XXX | 8% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 21% | XXX | 21% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 47% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Ribbon Communications Public Comps
See public comps and valuation multiples for other Cloud Infrastructure and Networking Hardware comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Ribbon Communications | XXX | XXX | XXX | XXX | XXX | XXX |
| Amper | XXX | XXX | XXX | XXX | XXX | XXX |
| Gemtek Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| Consensus Cloud | XXX | XXX | XXX | XXX | XXX | XXX |
| Edarat Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Smartoptics | 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.
Ribbon Communications M&A Activity
Ribbon Communications acquired XXX companies to date.
Last acquisition by Ribbon Communications was on XXXXXXXX, XXXXX. Ribbon Communications acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Ribbon Communications
| 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 |
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Start Free TrialRibbon Communications Investment Activity
Ribbon Communications invested in XXX companies to date.
Ribbon Communications made its latest investment on XXXXXXXX, XXXXX. Ribbon Communications invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Ribbon Communications
| 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 Ribbon Communications
| When was Ribbon Communications founded? | Ribbon Communications was founded in 2017. |
| Where is Ribbon Communications headquartered? | Ribbon Communications is headquartered in United States. |
| How many employees does Ribbon Communications have? | As of today, Ribbon Communications has over 3K employees. |
| Who is the CEO of Ribbon Communications? | Ribbon Communications' CEO is Bruce W. McClelland. |
| Is Ribbon Communications publicly listed? | Yes, Ribbon Communications is a public company listed on Nasdaq. |
| What is the stock symbol of Ribbon Communications? | Ribbon Communications trades under RBBN ticker. |
| When did Ribbon Communications go public? | Ribbon Communications went public in 2000. |
| Who are competitors of Ribbon Communications? | Ribbon Communications main competitors are Amper, Gemtek Technology, Consensus Cloud, Edarat Group. |
| What is the current market cap of Ribbon Communications? | Ribbon Communications' current market cap is $493M. |
| What is the current revenue of Ribbon Communications? | Ribbon Communications' last 12 months revenue is $844M. |
| What is the current revenue growth of Ribbon Communications? | Ribbon Communications revenue growth (NTM/LTM) is 2%. |
| What is the current EV/Revenue multiple of Ribbon Communications? | Current revenue multiple of Ribbon Communications is 1.0x. |
| Is Ribbon Communications profitable? | Yes, Ribbon Communications is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Ribbon Communications? | Ribbon Communications' last 12 months EBITDA is $105M. |
| What is Ribbon Communications' EBITDA margin? | Ribbon Communications' last 12 months EBITDA margin is 12%. |
| What is the current EV/EBITDA multiple of Ribbon Communications? | Current EBITDA multiple of Ribbon Communications is 7.6x. |
| What is the current FCF of Ribbon Communications? | Ribbon Communications' last 12 months FCF is $55M. |
| What is Ribbon Communications' FCF margin? | Ribbon Communications' last 12 months FCF margin is 7%. |
| What is the current EV/FCF multiple of Ribbon Communications? | Current FCF multiple of Ribbon Communications is 14.5x. |
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