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EV / NTM Revenue Multiples

EV / NTM Revenue Multiples
Chart by Clouded Judgement (Altimeter). Source: cloudedjudgement.substack.com

This line chart tracks Enterprise Value to Next Twelve Months (EV/NTM) revenue multiples categorized by company growth rates from January 2015 through September 2026. High growth companies currently trade at a median multiple of 19.3x, significantly outperforming mid growth (7.0x) and low growth (3.4x) peers.

LabelValue shown on the chart
High Growth Median19.3x
Mid Growth Median7.0x
Low Growth Median3.4x

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