Examining financial and operating metrics offers valuable insights into private equity markets and how strategies are executed by private equity managers.
Derived from the data of roughly 15,000 global portfolio company investments acquired by private equity firms from 2000 to 2022, this annual report provides a comprehensive analysis of our observations on key metrics including purchase price multiples, leverage multiples, revenue growth, earnings (EBITDA growth), and earnings (EBITDA) margins. It allows for a comparison between private and public companies across time, industry sector, and company size. Within the report, there are dedicated Europe and Asia analyses as well as regional comparisons. We have also included analyses of realized private equity investments, assessing revenue and EBITDA growth, and changes in leverage and valuations during PE ownership.
Delve into our global private equity operating metrics analysis that not only illuminates the fundamental levers and value drivers in private equity, but also explores a risk and return comparison between private equity and public equity.