In Western Europe, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the chemicals and resources sector as of 2025 was up from the previous year, with a median multiple of 6.8x. Companies in the basic chemical industry saw the largest median multiple with 15.9x.
In the United States, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the retail and trade sector in the United States as of 2025 was a multiple of approximately 15.7x. Companies operating in the general retail industry saw the highest valuation multiple with EV/EBITDA valued at 23.8x in January 2025, up from 16.6x in January 2024.
For emerging markets globally, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the media and advertising sector as of 2025 was a multiple of approximately 17.7x. Companies operating in the advertising industry saw the highest valuation multiple with EV/EBITDA valued at around 27.6x.
Worldwide, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the health & pharmaceuticals sector as of 2025, was a multiple of approximately 19.3x. Drug (biotechnology) companies saw the highest average valuation multiples as of January 2025 with nearly 79x.
Worldwide, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the chemicals and resources sector as of 2025 was a multiple of approximately *****. Companies operating in the ************* industry saw the highest valuation multiple with EV/EBITDA valued at nearly *****.
In the United States, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the consumer goods & FMCG sector as of 2025 was a multiple of approximately 12.5x. Companies operating in the soft beverages industry saw the highest valuation multiple with EV/EBITDA valued at 18x in 2025.
As of June 2023, digital media companies in the music, video, and photo vertical had the lowest enterprise-value-to-revenue multiple. According to recent industry estimates, companies in the segment had an average EV/R of 2.2x. Companies in the Western gaming segment had an average EV/R of 4.1x.
Enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA) is a key measurement ratio used as a metric of valuing whether a company is under or overvalued as compared to a historical industry average. The S&P 500 (Standard & Poor’s) is an index of the 500 largest U.S. publicly traded companies by market capitalization. In 2023, the consumer staples sector displayed the highest EV/EBITDA multiple with *****.
For emerging markets worldwide, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the retail and trade sector as of 2025 was a multiple of approximately 16.5x. Companies operating in the retail (special lines) industry saw the highest average valuation multiple with EV/EBITDA of 19.1x.
Worldwide, the average value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the retail & trade sector as of 2025, was a multiple of approximately *****. The ************** segment saw the highest valuation multiples with *** in 2025, up from ***** in 2024.
Worldwide, the average value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the media & advertising sector as of 2025, was a multiple of approximately 13.6x. In 2025, the software entertainment industry saw the highest average valuation multiple with 23.3x, a significant decrease from 17.5x in 2024.
In the United States, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the media and advertising sector as of 2025 was a multiple of approximately 16.5x. Companies operating in the software (entertainment) industry saw the highest valuation multiple with EV/EBITDA valued at 24.2x as of January 2025.
In China, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the retail and trade sector as of 2025 was a multiple of approximately 19.3x. Companies operating in the special lines retail industry saw the highest valuation multiple with EV/EBITDA valued at 24.1x.
In the United States, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the finance, insurance and real estate sector as of 2025 was a multiple of approximately 21.4x. Companies operating in the investments and asset management industry saw the highest valuation multiple with EV/EBITDA valued at 49.8x in 2025, much higher than the 34.9x recorded for 2024.
In the United States, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the transportation and logistics sector as of 2025 was a multiple of approximately 13.4x. Companies operating in the retail (distribution) industry saw the highest valuation multiple with EV/EBITDA valued at 15x in 2025, an increase from 11.6x in 2024.
Worldwide, the average value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the consumer goods and FMCG sector as of 2025, was a multiple of approximately *****. Companies operating in the ************** industry saw the highest valuation multiple with EV/EBITDA values of approximately *****.
In the United States, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the energy & environmental services sector as of 2025 was a multiple of approximately 13.4x. Companies operating in the environmental and waste services industry saw the highest valuation multiple with EV/EBITDA valued at 17.9x in 2025, down from 15x in 2024.
In the United States, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the metals and electronics sector as of 2025 was a multiple of approximately 16.5x. Companies operating in the auto and truck industry saw the highest valuation multiple with EV/EBITDA valued at 49.3x as of January 2025 - much higher than the multiple of 21.7x recorded in the previous year.
For emerging markets globally, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the construction sector as of 2025 was a multiple of approximately 13x. Companies operating in the homebuilding industry saw the highest valuation multiple with EV/EBITDA valued at 18.6x.
According to a December 2024 analysis, SaaS companies operating in the hospitality industry reported the highest enterprise value to revenue (EV/Revenue) ratio in the online travel market worldwide. As estimated, businesses in that segment recorded an EV/Revenue multiple of ****. This figure was ** times higher than that of the metasearch segment.
In Western Europe, the median value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) in the chemicals and resources sector as of 2025 was up from the previous year, with a median multiple of 6.8x. Companies in the basic chemical industry saw the largest median multiple with 15.9x.