🚀 VC round data is live in beta, check it out!
- Public Comps
- Torrid
Torrid Valuation Multiples
Discover revenue and EBITDA valuation multiples for Torrid and similar public comparables like Michael Hill International, Technos, a.k.a. Brands, Topps Tiles and more.
Torrid Overview
About Torrid
Torrid Holdings Inc is a direct-to-consumer brand of apparel, intimates, and accessories in North America. The company is focused on fit and offers high-quality products across a broad assortment that includes tops, bottoms, denim, dresses, intimates, activewear, footwear, and accessories. The company has one reportable segment, which includes the operation of the e-commerce platform and stores. The company generates revenue from the sale of apparel, intimates, and accessories through its e-commerce platform and its store locations.
Founded
2019
HQ

Employees
7.6K
Website
Financials (LTM)
EV
$516M
Torrid Financials
Torrid reported last 12-month revenue of $991M and EBITDA of $65M.
In the same LTM period, Torrid generated $345M in gross profit, $65M in EBITDA, and had net loss of ($6M).
Revenue (LTM)
Torrid P&L
In the most recent fiscal year, Torrid reported revenue of $1B and EBITDA of $92M.
Torrid expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $991M | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $345M | XXX | $348M | XXX | XXX | XXX |
| Gross Margin | 35% | XXX | 35% | XXX | XXX | XXX |
| EBITDA | $65M | XXX | $92M | XXX | XXX | XXX |
| EBITDA Margin | 7% | XXX | 9% | XXX | XXX | XXX |
| EBIT Margin | 2% | XXX | 2% | XXX | XXX | XXX |
| Net Profit | ($6M) | XXX | ($7M) | XXX | XXX | XXX |
| Net Margin | (1%) | XXX | (1%) | XXX | XXX | XXX |
| Net Debt | — | — | $283M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Torrid Stock Performance
Torrid has current market cap of $102M, and enterprise value of $516M.
Market Cap Evolution
Torrid's stock price is $1.03.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $516M | $102M | 0.0% | XXX | XXX | XXX | $-0.07 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialTorrid Valuation Multiples
Torrid trades at 0.5x EV/Revenue multiple, and 8.0x EV/EBITDA.
EV / Revenue (LTM)
Torrid Financial Valuation Multiples
As of April 9, 2026, Torrid has market cap of $102M and EV of $516M.
Equity research analysts estimate Torrid's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Torrid has a P/E ratio of (16.0x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $102M | XXX | $102M | XXX | XXX | XXX |
| EV (current) | $516M | XXX | $516M | XXX | XXX | XXX |
| EV/Revenue | 0.5x | XXX | 0.5x | XXX | XXX | XXX |
| EV/EBITDA | 8.0x | XXX | 5.6x | XXX | XXX | XXX |
| EV/EBIT | 23.3x | XXX | 24.1x | XXX | XXX | XXX |
| EV/Gross Profit | 1.5x | XXX | 1.5x | XXX | XXX | XXX |
| P/E | (16.0x) | XXX | (14.5x) | XXX | XXX | XXX |
| EV/FCF | (36.8x) | XXX | (23.6x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Torrid 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.


Torrid Margins & Growth Rates
Torrid's revenue in the last 12 month declined by (4%).
Torrid's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.
Torrid's rule of 40 is 2% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Torrid's rule of X is (6%) (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).
Torrid Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (4%) | XXX | (5%) | XXX | XXX | XXX |
| EBITDA Margin | 7% | XXX | 9% | XXX | XXX | XXX |
| EBITDA Growth | 10% | XXX | (24%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 2% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | (6%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 6% | XXX | 6% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 27% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 33% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Torrid Public Comps
See public comps and valuation multiples for other Clothing & Accessories and Specialty Stores comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Michael Hill International | XXX | XXX | XXX | XXX | XXX | XXX |
| Technos | XXX | XXX | XXX | XXX | XXX | XXX |
| a.k.a. Brands | XXX | XXX | XXX | XXX | XXX | XXX |
| Topps Tiles | XXX | XXX | XXX | XXX | XXX | XXX |
| Refuels | 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.
Torrid M&A Activity
Torrid acquired XXX companies to date.
Last acquisition by Torrid was on XXXXXXXX, XXXXX. Torrid acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Torrid
| 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 |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialTorrid Investment Activity
Torrid invested in XXX companies to date.
Torrid made its latest investment on XXXXXXXX, XXXXX. Torrid invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Torrid
| 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 |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Torrid
| When was Torrid founded? | Torrid was founded in 2019. |
| Where is Torrid headquartered? | Torrid is headquartered in United States. |
| How many employees does Torrid have? | As of today, Torrid has over 7K employees. |
| Who is the CEO of Torrid? | Torrid's CEO is Lisa M. Harper. |
| Is Torrid publicly listed? | Yes, Torrid is a public company listed on NYSE. |
| What is the stock symbol of Torrid? | Torrid trades under CURV ticker. |
| When did Torrid go public? | Torrid went public in 2021. |
| Who are competitors of Torrid? | Torrid main competitors are Michael Hill International, Technos, a.k.a. Brands, Topps Tiles. |
| What is the current market cap of Torrid? | Torrid's current market cap is $102M. |
| What is the current revenue of Torrid? | Torrid's last 12 months revenue is $991M. |
| What is the current revenue growth of Torrid? | Torrid revenue growth (NTM/LTM) is (4%). |
| What is the current EV/Revenue multiple of Torrid? | Current revenue multiple of Torrid is 0.5x. |
| Is Torrid profitable? | Yes, Torrid is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Torrid? | Torrid's last 12 months EBITDA is $65M. |
| What is Torrid's EBITDA margin? | Torrid's last 12 months EBITDA margin is 7%. |
| What is the current EV/EBITDA multiple of Torrid? | Current EBITDA multiple of Torrid is 8.0x. |
| What is the current FCF of Torrid? | Torrid's last 12 months FCF is ($14M). |
| What is Torrid's FCF margin? | Torrid's last 12 months FCF margin is (1%). |
| What is the current EV/FCF multiple of Torrid? | Current FCF multiple of Torrid is (36.8x). |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.