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Public Comps and Valuation Multiples
for Telecom Infrastructure

Benchmark revenue and EBITDA valuation multiples for public comps like Bharti Airtel, BT Group, Equinix, Digital Realty Trust and Crown Castle.

Telecom Infrastructure

See analyst estimates and all valuation multiples for Telecom Infrastructure
Company EV EV/Revenue EV/EBITDA
$144B 14.2x 21.1x
$141B 6.9x 12.9x
$92.0B 10.4x 21.9x
$73.0B 12.2x 19.2x
$64.1B 11.3x 21.3x
$47.2B 1.8x 4.5x
$46.2B 10.8x 13.1x
$42.7B 2.9x 8.1x
$39.6B 14.7x 20.9x
$36.9B 2.7x 4.0x
$35.7B 7.0x 16.7x
$24.9B n/a n/a
$22.8B 0.9x 7.0x
$14.5B 12.9x 14.1x
$13.2B 3.7x 5.9x
$11.6B 0.9x 11.2x
$10.7B 2.4x 12.9x
$10.5B 2.1x 4.2x
$9.1B 2.0x 4.0x
$8.7B 2.1x 16.4x
$6.1B 0.8x 8.6x
$5.3B 1.1x 9.0x
$5.0B 2.9x 5.3x
$4.7B 6.0x 7.2x
$4.4B 10.8x 12.6x
$4.4B 6.7x 7.1x
$4.0B 10.2x 14.6x
$4.0B 1.0x 23.9x
$3.8B 6.6x 8.0x
$3.3B n/a n/a
$3.1B n/a n/a
$3.1B 3.9x 7.2x
$3.1B 9.9x 13.9x
$2.8B 1.6x 11.4x
$2.3B n/a n/a
$2.2B 3.9x 19.6x
$2.1B 0.5x 5.7x
$1.9B n/a n/a
$1.8B n/a n/a
$1.8B n/a n/a
$1.6B 5.4x 8.1x
$1.3B 2.4x 16.1x
$1.2B 1.1x 8.2x
$1.1B 3.2x 10.8x
$960M 2.6x 16.1x
$947M 6.5x 36.3x
$936M 4.0x 13.2x
$821M n/a n/a
$781M 1.0x 6.6x
$744M 0.8x 11.3x
$720M 1.2x 12.1x
$715M n/a n/a
$705M 2.2x 14.3x
$585M 95.1x -16.2x
$580M n/a n/a
$537M 0.9x n/a
$517M n/a n/a
$503M n/a n/a
$474M 10.7x 503.6x
$328M 0.0x 0.5x
$280M n/a n/a
$274M 4.5x 14.6x
$201M n/a n/a
$190M n/a n/a
$175M n/a n/a
$134M n/a n/a
$118M n/a n/a
$100M n/a n/a
$74.9M 0.6x 3.8x
-$22.7M n/a n/a

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

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