charles bedard charles bedard

YTD: What Actually Happened to Multiples in 2026

YTD: What Actually Happened to Multiples in 2026. publicly software businesses closed at 5.58x EV/ARR. By the end of July 2026 —it's sitting at 3.82x. That's a 31.6% decline in seven months, and the shape of that decline matters as much as the size of it.

Read More