Does growing revenue raise my multiple?

Short answer

Not on its own. Revenue growth helps if it brings lasting profit and lower risk. Growth that depends on you or a few clients can leave the multiple flat.

What to know

  • Buyers pay for profit they believe will continue.
  • Recurring and diversified revenue earns more than one-off work.
  • Growth with falling margins can lower value.

What to do next

  1. 1Check margin by client and service.
  2. 2Shift toward recurring work where you can.
  3. 3Spread revenue so no client is too large.

Last reviewed September 2026 by the Horizon team. General information, not legal, tax or financial advice.

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