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Oct 25, 2024

Q3 2024 | Software Benchmark Report: Industrial software maintains top sector multiples

Welcome to the latest edition of the Silverpeak Benchmark report – a review of public software company valuation and operating metrics in the US and Europe. We review median values to produce a robust industry reference benchmark.

We screen US and European publicly listed software companies using the S&P Capital IQ database. Our insights and conclusions are derived from this S&P dataset, which currently consists of 466 companies.

Key findings

  • US SaaS had the highest EV/Revenue growth across this quarter, with a 10% increase
  • The security sector achieved a 22% rise in its EV/EBITDA multiple
  • Despite modest growth in Europe, the EV/Revenue multiple for the Nordics subset declined by 11%

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