Analyzing operating metrics can provide insights into the process by which private equity managers execute their strategy. This update to our annual report includes comparisons of private equity globally (roughly 11,000 companies in total) with public peers, as well as regional comparisons for approximately 5,700 US-based companies, more than 2,900 European companies, and more than 1,700 Asian companies acquired by PE firms from 2000 through 2020.