Comparable Company Analysis

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

20 companies
NTM Growth %
to
EV / NTM Rev (x)
to
Mkt Cap ($B)
to
Showing 20 of 20 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
Median3.4x3.0x22.4x9.6x26.5%67.5%25.9%16.4%42.8%
Mean6.1x4.8x25.0x19.3x27.2%62.0%26.9%14.1%41.3%
VVisa Inc.$692.19B$702.26B17.6x14.0x27.0x20.4x25.0%80.2%65.4%52.5%77.5%
MAMastercard Incorporated$502.05B$515.08B15.7x12.9x25.2x19.9x22.0%82.7%63.0%50.2%72.2%
AXPAmerican Express Company$234.71B$248.20B3.1x3.0x15.9x14.1x4.1%84.3%29.4%18.7%22.8%
HOODRobinhood Markets, Inc.$83.79B$105.58B23.6x17.8x48.4x32.9%78.7%35.2%-14.3%18.6%
NUNu Holdings Ltd.$69.89B$42.73B2.7x1.7x10.8x5.3x58.5%43.7%23.6%7.6%66.0%
SQBlock, Inc.$51.73B$40.50B1.7x1.2x24.0x32.4x36.3%44.9%8.9%13.5%49.8%
DFSDiscover Financial Services$50.34B$45.50B2.3x2.5x7.1x11.2x-7.6%89.5%31.8%40.7%33.2%
PYPLPayPal Holdings, Inc.$49.91B$52.87B1.6x1.5x6.9x5.8x7.0%45.8%21.9%19.9%26.9%
COINCoinbase Global, Inc.$40.01B$37.61B5.2x6.0x20.9x102.4x-12.2%79.9%-16.8%37.1%24.8%
FIFiserv, Inc.$34.31B$62.67B3.0x3.0x7.0x7.8x-1.9%49.4%44.0%30.0%28.1%
ADYEYAdyen N.V.$34.01B$23.44B9.1x7.5x15.9x12.8x22.2%73.1%54.0%-15.6%6.6%
AFRMAffirm Holdings, Inc.$26.52B$32.47B10.1x6.0x45.6x67.6%67.7%28.1%24.4%92.0%
SOFISoFi Technologies, Inc.$23.78B$19.83B4.2x3.6x26.1x6.8x15.3%76.5%16.6%-53.1%-37.8%
FISFidelity National Information Services, Inc.$22.29B$27.29B2.6x1.9x9.4x6.2x32.7%37.1%44.3%27.2%59.9%
GPNGlobal Payments Inc.$21.77B$39.49B5.1x3.1x11.5x8.0x66.6%67.3%40.1%13.8%80.4%
TOSTToast, Inc.$19.53B$17.77B2.9x2.2x43.0x6.2x32.9%26.2%7.3%10.6%43.6%
PAYPaymentus Holdings, Inc.$5.66B$5.29B4.4x3.3x41.8x44.2x32.7%24.9%9.8%12.5%45.3%
FOURShift4 Payments, Inc.$5.01B$8.36B2.0x1.6x10.2x5.0x28.0%35.1%19.2%14.7%42.7%
UPSTUpstart Holdings, Inc.$2.93B$3.98B3.7x2.4x50.2x56.7%95.7%6.3%-26.7%30.0%
MQMarqeta, Inc.$1.71B$728M1.2x0.9x52.6x24.8%56.7%5.1%18.0%42.8%