Charts / Clouded Judgement (Altimeter)
EV / NTM Revenue Multiples

Line chart comparing median cloud software EV/NTM revenue multiples against the 10-Year Treasury yield from 2015 to 2024. The median multiple stood at 4.3x compared to a long-term pre-COVID average of 7.8x, while the 10-Year Treasury reached 5.2%.
| Label | Value shown on the chart |
|---|---|
| Median | 4.3x |
| LT Pre Covid Average | 7.8x |
| 10 Year Treasury | 5.2% |
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