Charts / Clouded Judgement (Altimeter)
EV / NTM Revenue Multiples
This line chart tracks the median and top 5 median enterprise value to next-twelve-months revenue multiples for cloud software companies from January 2015 through late 2026. The top 5 median multiple peaked around 80x in early 2022 before adjusting to 33.1x, while the overall median multiple ended at 4.8x.
| Label | Value shown on the chart |
|---|---|
| Top 5 Median | 33.1x |
| Median | 4.8x |
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View the original on cloudedjudgement.substack.com
