VOL. XCIV, NO. 247

Free Alternatives to Multpl

Checking

Free replacement verdicts

Free Alternatives to Multpl

Zero-cost replacements grouped by fit, tradeoffs, pricing friction, and platform access. Use this list to test Multpl before paying for another subscription.

Switching from Multpl doesn't have to cost a thing. We've curated 2 free-tier alternatives that cover similar workflows, from Macro Data to Data Visualizations and beyond. Each pick below is framed by fit, caveats, and access friction so you can trial replacements without opening your wallet.

Visit Multpl All alternatives Tool details

Disclosure: outbound links may include affiliate or sponsor links

Which Alternative Should You Use?

FRED (Federal Reserve Economic Data)

Closest replacement

Best for: Analysts, builders, and investors needing free official macroeconomic time series, release calendars, charts, Excel access, and API access from the St. Louis Fed.

FRED (Federal Reserve Economic Data) best matches the base workflow on historical market data, market monitoring, and fundamental research.
FRED (Federal Reserve Economic Data) also has a free plan, so you can try it without paying. Free-plan limits: FRED account features page describes the account as free.

Watch for: API key required: All FRED web service requests require an API key, and requesting or viewing keys requires a free FRED account.

Open FRED

Details Compare

Damodaran Online (NYU Stern)

Best audience fit

Best for: Investors, students, and analysts building valuation models needing trusted free spreadsheets for equity risk premiums, country risk, betas, multiples, cost of capital, and historical returns.

Damodaran Online (NYU Stern) best matches the base workflow on historical market data, fundamental research, and screening and idea generation.
Damodaran Online (NYU Stern) also has a free plan, so you can try it without paying. Free-plan limits: Home page describes online classes as free and links public valuation/corporate-finance data.

Watch for: Academic resource, not software: The site provides datasets, spreadsheets, classes, and models, but not a modern app workflow, alerts, broker sync, or portfolio analytics.

Open Damodaran data

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Detailed Alternatives

I want to

Pay lessFill a gapUpgrade overall

Free tiers first, then the lowest starting price.

Closest replacement

FRED (Federal Reserve Economic Data)

Bottom line: Analysts, builders, and investors needing free official macroeconomic time series, release calendars, charts, Excel access, and API access from the St. Louis Fed.

Keep

Data Visualizations
Macro Data

Gain

Calendar
Alerts
APIs & Data Feeds
Sheets / Excel Add-ins

Lose

Real Yields
Financials
Stocks coverage
Bonds coverage

Watch out

Avoid as a full replacement if you rely on screening and idea generation.
Free-plan limits: FRED account features page describes the account as free. Free account enables dashboards, saved graphs/maps, data lists, email updates, and API access. API documentation says all web service requests require an API key.
API key required: All FRED web service requests require an API key, and requesting or viewing keys requires a free FRED account.

Cost: Free, no signup; Free onlyno paid tier

Fit: Partial replacement

Open FRED Compare

Full review and details

Best audience fit

Damodaran Online (NYU Stern)

Analyst pickTested by us

Bottom line: Investors, students, and analysts building valuation models needing trusted free spreadsheets for equity risk premiums, country risk, betas, multiples, cost of capital, and historical returns.

Keep

Macro Data
Financials

Gain

Valuation Models
Education
Videos
Blogs

Lose

Data Visualizations
Real Yields
Other coverage

Watch out

Avoid as a full replacement if you rely on market monitoring, charting and technical analysis, and dividend research.
Free-plan limits: Home page describes online classes as free and links public valuation/corporate-finance data. Current homepage shows implied ERP on September 1, 2026. Country risk premium page shows a January 5, 2026 update.
Academic resource, not software: The site provides datasets, spreadsheets, classes, and models, but not a modern app workflow, alerts, broker sync, or portfolio analytics.

Cost: Free, no signup; Free onlyno paid tier

Fit: Partial replacement

Open Damodaran data Compare

Full review and details

What This Shortlist Tells You

FRED (Federal Reserve Economic Data) is the closest drop-in replacement with overlapping coverage in Data Visualizations and Macro Data while adding Calendar and Alerts coverage and 845,000 economic data series from 121 sources, covering topics such as GDP, prices/inflation, employment, exchange rates, and interest rates. and Browse data by category, release, source, and tag. Series pages show units, frequency, last update, and next release when available. features (workflow overlap ~50%).

Every pick keeps a free tier; start with FRED (Federal Reserve Economic Data) and Damodaran Online (NYU Stern) to road-test Multpl workflows without paying up front.

Need mobile access? FRED (Federal Reserve Economic Data) bring phone-ready workflows that Multpl lacks.

Round out your stack with new coverage areas like Calendar, Alerts, APIs & Data Feeds, and Sheets / Excel Add-ins.

Multpl still leads on Real Yields, so keep it handy for those workflows.

Coverage Snapshot

Where alternatives already align

Most shared categories across the top matches.

Macro Data×2 Data Visualizations×1 Financials×1

New angles introduced

Categories the alternatives add beyond Multpl.

Alerts+1 APIs & Data Feeds+1 Blogs+1 Calendar+1 Education+1 Official Sources+1 Sheets / Excel Add-ins+1 Valuation Models+1

Free Access & Pricing

Free to start

All 2

All 2 have a standing free tier, not a trial.

Paid plans from

Not listed

No comparable monthly prices are listed for these alternatives.

Mobile app

1 of 2

1 add a mobile app that Multpl lacks.

API access

1 of 2

1 expose an API or data feed, usually on a paid plan.

Hands-on tested

1 of 2

1 tested hands-on. 1 are analyst picks.

Coverage overlap

50%

Average share of Multpl categories each alternative covers.

Free Alternatives FAQ

What are the best free alternatives to Multpl?

FRED (Federal Reserve Economic Data) and Damodaran Online (NYU Stern) cover the most Multpl workflows without a paid plan, in that order.

Do these picks stay permanently free?

Yes. Every tool listed has a standing free tier, not a trial. Expect caps on exports, seats, or history once you use it heavily.

Which Multpl workflows stay covered on the free plan?

The free plans cover Data Visualizations, Macro Data, and Financials. Core Multpl workflows in those areas do not need a paid upgrade.

What extra coverage do the free alternatives add?

The free alternatives add Calendar, Alerts, APIs & Data Feeds, Sheets / Excel Add-ins, Official Sources, Valuation Models, Education, Videos, and Blogs, which Multpl does not cover.

Where might I still rely on Multpl?

Real Yields, Financials, and Data Visualizations stay with Multpl. Keep it for those tasks, or budget for a paid plan elsewhere if they matter.

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Feedback

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.