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Public Comps and Valuation Multiples
for Stock Exchanges

Benchmark revenue and EBITDA valuation multiples for public comps like Intercontinental Exchange, CME Group, London Stock Exchange Group, Singapore Exchange and Japan Exchange Group.

Stock Exchanges

See analyst estimates and all valuation multiples for Stock Exchanges
Company EV EV/Revenue EV/EBITDA
$111B 11.8x 17.9x
$95.5B 15.3x 21.7x
$86.1B 7.6x 15.7x
$51.0B 10.7x 18.9x
$24.8B 8.3x 11.4x
$23.3B 11.0x 17.3x
$11.1B 6.6x 9.4x
$11.0B 10.5x 19.1x
$9.9B 10.0x 16.6x
$9.3B 8.6x 13.1x
$8.1B 23.0x 44.3x
$5.6B 14.5x 33.2x
$2.9B 22.2x 35.5x
$2.3B n/a n/a
$1.8B 13.6x 32.1x
$1.7B 27.3x 31.1x
$1.4B 11.2x 15.5x
$1.2B 7.2x 12.7x
$1.0B 8.5x 19.8x
$855M 4.1x 7.3x
$667M n/a n/a
$519M 4.8x 12.5x
$443M 0.7x 1.0x
$436M n/a n/a
$295M 4.2x 10.5x
$255M 4.3x 9.4x
$229M 1.8x 5.7x
$197M n/a n/a
$190M n/a n/a
$76.0M n/a n/a
$75.9M n/a n/a
$61.6M 3.6x n/a
$57.3M n/a n/a
$17.5M n/a n/a
$0.8M n/a n/a
-$77.4B -12.2x -20.9x
-$265B -149.0x -244.4x

Valuation multiples as of last 12 months (LTM). Financial data powered by Morningstar, Inc.

See analyst estimates and M&A multiples for Stock Exchanges

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