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Market commentary Undated · United States

HVCA Valuation Multiples at Historic Highs

HVAC companies are selling for 3.4x to 8x EBITDA, with premium businesses commanding 10x or higher. Valuations are up approximately 20% compared to pre-pandemic levels, creating seller-friendly conditions.

“According to recent valuation data, HVAC companies are selling for 3.4x to 8x EBITDA, with premium businesses commanding 10x or higher. Valuations are up approximately 20% compared to pre-pandemic levels.”
HVAC Sentiment: Positive

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