Multiples by Market Cap Class (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2020

Critieria for inclusion: All publicly traded firms in the United States

Market Cap in millions of US$ Number of firms PE PBV Price/Sales EV/EBIT EV/EBITDA EV/Sales EV/Invested Capital ROE Pre-tax ROIC Net Margin Operating Margin EBITDA Margin Average Effective tax rate
 1-4 586 NA 1.37 0.11 NA 12.05 1.75 1.04 -379.93% -17.22% -30.38% -29.04% 14.52% 0.37%
 4-10 419 NA 0.98 0.15 NA NA 0.48 1.25 -77.76% -28.80% -12.12% -11.16% -5.78% 1.30%
 10-25 490 NA NA 0.31 NA NA 0.78 1.57 372.03% -21.56% -10.26% -10.64% -3.39% 2.73%
25 -50 420 NA 1.34 0.53 NA 56.63 1.10 1.42 -18.05% -7.95% -7.16% -6.19% 1.95% 6.83%
50-100 499 NA 1.47 0.58 NA 22.41 1.09 1.46 -9.57% -4.32% -3.79% -3.23% 4.87% 9.13%
100-175 326 NA 1.60 0.66 NA 18.76 1.47 1.63 -5.09% -2.58% -2.09% -2.32% 7.85% 8.13%
175-250 247 92.16 1.43 0.81 161.20 17.27 1.70 1.35 1.55% 0.84% 0.88% 1.05% 9.84% 10.70%
250-500 446 32.05 1.67 0.70 58.79 14.87 1.33 1.55 5.21% 2.64% 2.19% 2.26% 8.93% 11.29%
500-1000 469 32.15 1.87 0.97 57.56 16.64 1.75 1.69 5.81% 2.94% 3.02% 3.04% 10.53% 11.36%
1000-2500 603 17.88 2.38 1.19 29.21 14.01 1.96 1.96 13.29% 6.70% 6.64% 6.72% 14.01% 13.12%
2500-10000 715 17.96 2.88 1.51 37.88 21.55 3.15 1.74 16.03% 4.58% 8.43% 8.31% 14.60% 15.04%
>10000 506 19.57 4.07 2.39 27.93 18.26 3.37 2.74 20.78% 9.80% 12.21% 12.05% 18.43% 15.39%
Market 7053 19.69 3.72 2.11 29.86 18.48 3.16 2.45 18.91% 8.20% 10.70% 10.58% 17.09% 7.32%

Last updated in January 2020
By Aswath Damodaran