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Public Comps and Valuation Multiples
for Telecom Infrastructure

Benchmark revenue and EBITDA valuation multiples for public comps like Crown Castle, Digital Realty Trust, China Tower, Equinix and American Tower.

Telecom Infrastructure

See analyst estimates and all valuation multiples for Telecom Infrastructure
Company EV EV/LTM Revenue EV/LTM EBITDA
$147B 6.9x 12.4x
$133B 12.8x 19.1x
$94.8B 10.4x 21.5x
$76.6B 13.1x 24.3x
$70.2B 14.3x 21.9x
$54.8B 2.0x 4.9x
$48.0B 10.2x 12.4x
$47.9B 3.1x 8.4x
$37.4B 2.7x 3.9x
$35.8B 12.9x 18.7x
$35.0B 6.9x 16.1x
$27.2B n/a n/a
$26.5B 1.0x 7.0x
$19.4B 4.2x 32.5x
$17.7B 1.3x 16.0x
$16.6B 13.3x 14.5x
$12.8B 3.6x 5.8x
$12.1B 2.5x 5.0x
$11.7B 2.5x 11.7x
$9.2B 2.3x 4.9x
$8.5B 1.7x 12.9x
$7.6B 4.1x 25.6x
$7.4B 0.8x 9.2x
$5.7B 3.3x 5.9x
$5.7B 1.4x 19.0x
$5.2B 6.5x 7.8x
$5.0B 6.8x 7.1x
$4.7B 8.9x 38.9x
$4.3B 7.2x 10.4x
$4.3B 10.0x 11.8x
$4.2B 10.7x 14.7x
$4.0B 6.8x 8.2x
$3.8B 4.5x 8.4x
$3.4B 10.7x 15.1x
$3.1B n/a n/a
$3.0B 8.6x 25.0x
$2.9B 2.6x 18.5x
$2.6B 0.6x 6.6x
$2.4B n/a n/a
$2.4B 0.1x 3.4x
$2.3B 3.5x 97.0x
$2.0B 6.0x 9.1x
$2.0B n/a n/a
$1.9B n/a n/a
$1.4B n/a n/a
$1.4B 3.1x 21.1x
$1.4B 2.1x 16.9x
$1.3B 3.6x 11.4x
$1.1B 18.7x 220.3x
$1.1B 4.5x 14.7x
$996M 1.7x n/a
$958M 0.6x 9.8x
$947M 0.9x 8.5x
$886M n/a n/a
$848M n/a n/a
$840M 1.7x 14.2x
$686M 0.9x 6.8x
$686M n/a n/a
$591M n/a n/a
$532M n/a n/a
$513M 8.1x 24.9x
$505M n/a n/a
$367M n/a n/a
$366M 62.3x -9.8x
$337M n/a n/a
$258M n/a n/a
$254M n/a n/a
$160M n/a n/a
$139M n/a n/a
$103M 0.8x 5.4x
$99.9M 2.1x n/a
$85.0M n/a n/a
-$18.1M -1.7x n/a

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

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