Abstract. Enterprise architecture is concerned with a description of all the relevant elements that make up an enterprise and how these elements inter-relate. It covers aspects ranging from the technical infrastructure, through software applications, to business processes and products. The relations between these layers play a central role. Also from a quantitative analysis perspective, the layers are interrelated: the higher layers impose a workload on the lower layers, while the performance characteristics of the lower layers directly influence the performance of the higher layers. This paper presents an approach for quantitative analysis of layered, service-based enterprise architecture models, which consists of two phases: a 'top-down' propagation of workload parameters, and a 'bottom-up' propagation of performance or cost measures. By means of an example we demonstrate the application of the approach, and show that a seamless integration with other performance analysis methods (e.g., queueing analysis) can be achieved.