Valuation benchmarks for Third-Party Logistics and Freight Forwarding Companies. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
Public companies in this group are thirdβparty logistics and freight forwarding providers that orchestrate multimodal transportation across air, ocean, and road networks. Typically assetβlight, they monetize buy/sell spreads, brokerage fees, and valueβadded services such as customs and warehousing. They are grouped as public trading comparables due to similar service portfolios, pricing mechanics, and exposure to global tradeβproviding reliable valuation benchmarks tied to shipment volumes and capacity cycles.
Typical capabilities include endβtoβend freight forwarding across air, ocean, and road, truckload and lessβthanβtruckload brokerage, intermodal and rail solutions, customs brokerage and trade compliance, warehousing and distribution, and lastβmile delivery. These companies manage carrier procurement, capacity optimization, and shipment visibility through technology platforms, provide consolidation and groupage services, and offer specialized handling such as heavy haul and temperatureβcontrolled logistics to meet complex supply chain requirements.
Primary customers include industrial manufacturers, retailers and eβcommerce platforms, and consumer goods companies requiring global transport and compliance. Valuation drivers center on revenue growth, net revenue (gross profit) per shipment, EBITDA margins, operating leverage, and cash conversion. Analysts also assess shipment volumes, load counts, customer retention and contract renewal rates, and modal mix, as these reflect pricing power, utilization, and resilience across economic cycles.
2. Valuation Analysis: Public Trading Comps & Multiples for Third-Party Logistics and Freight Forwarding Companies companies
2.1 - Public Peer Groups & Median Valuation Multiples for Third-Party Logistics and Freight Forwarding Companies sector
Description: Public companies in this group are thirdβparty logistics and freight forwarding providers that orchestrate multimodal transportation across air, ocean, and road networks. Typically assetβlight, they monetize buy/sell spreads, brokerage fees, and valueβadded services such as customs and warehousing. They are grouped as public trading comparables due to similar service portfolios, pricing mechanics, and exposure to global tradeβproviding reliable valuation benchmarks tied to shipment volumes and capacity cycles.
Description:
Provider of air cargo business services utilizing integrated logistics for efficient transportation, streamlining booking and payment processes for global clientele
Key Products:
Airline Transport Services: Provides safe and efficient air transportation
Logistics Solutions Products: Integrated logistics services, including multimodal transport and warehousing
Air-land Integrated Services: Combining air transport with ground logistics for end-to-end solutions
Description:
Provider of stainless steel kitchenware, cookware, and bar accessories, offering manufacturing, trading, and export services with a focus on quality, performance, and customer satisfaction.
Key Products:
Stock Pots: Used for cooking soups and stews
Bar Accessories: Includes items like cocktail shakers and bottle openers
Valuation FAQ: Third-Party Logistics and Freight Forwarding Companies
What is the current median EV/Revenue multiple for Third-Party Logistics and Freight Forwarding Companies?
Based on our index of public trading comparables, the median Enterprise Value to Revenue (EV/Rev) multiple for the Third-Party Logistics and Freight Forwarding Companies sector is currently
β.βx.
High-growth peers in the top quartile are trading at
ββ.βx.
View full data.
What is the average EV/EBITDA multiple for companies in this sector?
Profitable companies in the Third-Party Logistics and Freight Forwarding Companies sector trade at a median EV/EBITDA multiple of
ββ.βx.
This represents a change vs the 5-year historical average.
Our platform tracks EBITDA multiples for Third-Party Logistics and Freight Forwarding Companies and other key peer groups.
How have valuation multiples for Third-Party Logistics and Freight Forwarding Companies trended over the last 5 years?
Valuations have adjusted since 2021.
The sector saw peak multiples of ββ.βx EV/Revenue, settling to a 5-year average of β.βx today.
Access our Historical Trends chart for granular monthly data.
What are recent M&A transaction multiples in the Third-Party Logistics and Freight Forwarding Companies space?
Recent precedent transactions indicate implied enterprise values ranging from
β.βx to
ββ.βx Revenue.
Private market deals often trade at a liquidity discount compared to public peers.
Unlock the full list of precedent transactions.
Which public companies are used as trading comps for Third-Party Logistics and Freight Forwarding Companies?
The primary trading comparable group includes Third-Party Logistics and Freight Forwarding Companies.
Key constituents used for benchmarking include large-cap leaders and specialized mid-cap players.
See the full list of companies in the Public Trading Comps section.
How do I value a private company in the Third-Party Logistics and Freight Forwarding Companies sector?
Valuing a private Third-Party Logistics and Freight Forwarding Companies company typically involves applying current
EV/Revenue and EV/EBITDA multiples from public peers to the private company's financial metrics.
A discount for lack of marketability (DLOM) of 20-30% is often applied.
Our private company valuation database provides the exact multiples needed for this calculation.
What are the Third-Party Logistics and Freight Forwarding Companies industry valuation multiples for 2025?
For 2025, the Third-Party Logistics and Freight Forwarding Companies industry is trading at a median EV/Revenue multiple of
β.βx.
This reflects current market sentiment, interest rates, and growth expectations.
Access our platform to see how these multiples have changed from 2024 to 2025.
What is the difference between trading comps and transaction multiples for Third-Party Logistics and Freight Forwarding Companies?
Trading comps look at how public markets value similar companies today, while
transaction multiples (or precedent transactions) look at the price paid in past M&A deals.
Transaction multiples often include a "control premium," typically resulting in higher valuations than trading comps.
Our database tracks both trading multiples and M&A transaction multiples.
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