Comparable Company Analysis

Trading multiples and operating metrics across the universe. Snapshot: 2026-08-04.

49 companies
NTM Growth %
to
EV / NTM Rev (x)
to
Mkt Cap ($B)
to
Showing 49 of 49 companies
Company Mkt Cap EV EV / LTM Rev EV / NTM Rev EV / LTM EBITDA EV / NTM EBITDA NTM Growth Gross Margin EBITDA Margin FCF Margin Rule of 40
Median4.0x3.5x26.9x12.9x20.8%73.3%11.4%18.8%39.6%
Mean8.0x5.7x146.2x27.8x25.7%63.8%12.0%18.5%44.2%
CRWDCrowdStrike Holdings, Inc.$213.08B$209.35B43.5x31.7x1147.2x203.3x37.3%75.0%6.6%30.2%67.4%
SHOPShopify Inc.$156.83B$151.25B13.1x9.0x98.2x50.4x45.4%48.0%4.7%18.4%63.8%
UBERUber Technologies, Inc.$146.37B$152.70B2.9x2.4x21.9x92.3x22.0%41.0%11.4%18.8%40.8%
NETCloudflare, Inc.$107.26B$106.61B49.2x32.5x1007.6x111.9x51.1%73.3%5.9%16.4%67.5%
DDOGDatadog, Inc.$102.55B$99.08B28.9x20.2x511.2x155.2x43.1%79.9%6.2%31.5%74.6%
SPOTSpotify Technology S.A.$99.65B$91.37B5.3x4.3x38.8x16.2x24.0%32.3%16.9%18.5%42.5%
LITELumentum Holdings Inc.$66.97B$67.11B40.8x11.2x628.4x82.9x264.4%37.7%22.2%16.6%281.1%
SQBlock, Inc.$51.73B$40.50B1.7x1.2x24.0x32.4x36.3%44.9%8.9%13.5%49.8%
PYPLPayPal Holdings, Inc.$49.91B$52.87B1.6x1.5x6.9x5.8x7.0%45.8%21.9%19.9%26.9%
VSTVistra Corp.$48.59B$67.83B4.0x2.8x12.9x12.4x44.4%12.7%40.1%6.6%51.0%
NTRANatera, Inc.$39.36B$38.51B16.7x12.4x35.0%65.2%-8.9%4.0%39.0%
ALCAlcon Inc.$34.56B$38.18B3.7x3.4x16.2x12.4x9.3%54.9%22.3%15.8%25.1%
ADYEYAdyen N.V.$34.01B$23.44B9.1x7.5x15.9x12.8x22.2%73.1%54.0%-15.6%6.6%
MDBMongoDB, Inc.$30.43B$28.03B11.4x8.7x31.4x31.3%72.0%0.9%24.3%55.7%
TWLOTwilio Inc.$30.25B$28.97B5.7x4.7x115.6x13.0x21.9%48.7%5.9%19.5%41.3%
ZMZoom Communications, Inc.$29.85B$22.19B4.6x4.3x8.7x15.3x6.7%77.4%56.5%40.3%47.0%
TEAMAtlassian Corporation$28.92B$29.03B5.6x3.9x1208.1x17.1x42.9%83.9%-0.3%23.1%66.0%
ZSZscaler, Inc.$26.25B$24.58B9.2x6.3x218.6x22.7x46.0%76.7%3.8%35.9%81.9%
SMMNYSiemens Healthineers AG$25.12B$37.76B1.7x1.5x8.7x7.9x13.4%39.0%19.5%10.1%23.4%
OKTAOkta, Inc.$24.52B$22.34B7.7x6.7x62.9x11.6x14.9%77.4%12.0%30.9%45.8%
GHGuardant Health, Inc.$21.43B$22.04B22.4x13.7x64.1%65.0%-34.8%-24.5%39.6%
NTNXNutanix, Inc.$16.65B$16.16B6.4x5.0x55.2x26.2%87.1%12.8%30.4%56.6%
DTDynatrace, Inc.$13.27B$12.26B6.1x5.0x37.9x26.8x21.2%81.6%16.0%26.1%47.4%
DOCUDocuSign, Inc.$10.90B$10.27B3.2x2.8x18.3x8.0x12.8%79.4%19.7%34.8%47.6%
MTCHMatch Group, Inc.$9.60B$12.56B3.6x3.5x12.6x8.0x2.0%73.8%30.8%29.2%31.3%
TTDThe Trade Desk, Inc.$8.93B$7.94B2.7x2.4x10.3x5.6x16.3%77.8%26.5%28.9%45.2%
DBXDropbox, Inc.$8.69B$11.41B4.5x4.5x12.8x9.5x-0.5%79.7%34.5%38.9%38.4%
ETSYEtsy, Inc.$8.22B$9.87B3.4x3.5x26.9x35.6x-0.9%72.0%18.3%23.3%22.4%
ESTCElastic N.V.$7.40B$6.61B3.8x3.2x190.8x12.9x19.1%76.1%4.1%18.5%37.7%
APPFAppFolio Inc.$7.01B$6.82B7.2x5.5x37.1x14.5x30.4%63.0%19.9%28.3%58.7%
LNTHLantheus Holdings, Inc.$6.58B$6.71B4.4x4.3x16.6x7.6x2.2%60.5%30.6%24.1%26.3%
LYFTLyft, Inc.$6.32B$5.85B0.9x0.7x57.0x2.1x24.4%43.2%1.8%18.3%42.7%
BILLBill.com Holdings, Inc.$4.83B$4.55B3.1x2.4x32.8x4.7x27.9%80.7%8.5%26.2%54.1%
BOXBox, Inc.$4.41B$4.50B3.8x3.4x32.0x19.5x13.3%79.6%13.5%30.0%43.2%
LASRnLIGHT, Inc.$4.40B$4.10B15.7x12.4x26.7%31.3%0.6%8.5%35.2%
TENBTenable Holdings, Inc.$3.92B$4.04B4.0x3.6x85.3x19.4x12.6%78.1%11.5%26.9%39.4%
FSLYFastly, Inc.$3.85B$3.91B6.3x5.1x15.1x22.9%58.7%-0.2%8.8%31.7%
AVPTAvePoint, Inc.$2.87B$2.43B5.8x4.2x52.1x36.9%73.7%13.2%25.0%61.9%
BTUPeabody Energy Corporation$2.73B$2.63B0.7x0.6x6.1x2.2x18.8%2.2%7.1%11.7%30.5%
APPNAppian Corporation$2.08B$2.17B3.0x2.5x58.7x7.6x20.8%73.8%4.6%8.8%29.6%
BLBlackLine, Inc.$1.92B$2.08B3.0x2.6x19.7x6.3x16.5%75.3%14.7%21.8%38.3%
RDFNRedfin Corporation$1.43B$2.27B2.2x2.0x10.3%34.9%-10.2%-4.2%6.1%
TDOCTeladoc Health, Inc.$1.19B$1.44B0.6x0.6x9.8x4.4x-3.4%73.5%-2.8%8.9%5.5%
PDPagerDuty, Inc.$1.02B$986M2.0x2.0x24.9x4.5x1.8%85.0%11.4%25.4%27.2%
PHRPhreesia, Inc.$701M$719M1.5x1.4x24.4x2.8x9.8%65.8%8.6%15.1%25.0%
RPDRapid7, Inc.$701M$996M1.2x1.2x11.6x3.2x-2.6%69.7%9.6%17.1%14.5%
YEXTYext, Inc.$683M$815M1.8x1.8x9.7x-0.1%73.9%19.8%11.9%11.8%
SPTSprout Social, Inc.$524M$457M1.0x0.9x33.2x12.8%77.5%-4.6%10.2%23.0%
DOMODomo, Inc.$171M$286M0.9x0.9x6.5x-1.1%74.9%-7.9%0.1%-1.0%