Typical HVAC, Plumbing, and Electrical Businesses Trade at 5-11x EBITDA

While megadeals command 17-20x EBITDA, typical HVAC, plumbing, and electrical businesses trade between 5 and 11 times EBITDA depending on size, growth rate, and operational maturity. These ranges have expanded significantly in recent years.

“Typical HVAC, plumbing, and electrical businesses trade between 5 and 11 times EBITDA depending on size, growth rate, and how well the business is built. But even those ranges have expanded significantly over the past several years.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.