Industry Data

Detailed breakdown of EBITDA multiples for all 25 service sectors.

Showing 25 industries
Industry
Category
Min (x)
Max (x)
Notes
Financial ConsultingProfessional Services10.3x14.1xHighest consulting multiples; 14% growth YoY
Legal ConsultingProfessional Services10.2x13.5xProfessional services premium
Management ConsultingProfessional Services9.9x13.4xHigher multiples for specialized firms; PE/non-PE buyers active
IT & Cybersecurity ConsultingProfessional Services9.6x13.2xStrong PE demand; recurring revenue model
Engineering ConsultingProfessional Services9.5x12.9xSpecialty engineering commands higher multiples
Landscaping - CommercialProperty & Facility Services9.9x12.2xReturn to office driving valuations; 60/40 PE/strategic split
IT Services & MSPTechnology Services5.9x12.0xSize-dependent; small <$5M at 5.9x, mid-size $50-100M at ~12x
Healthcare - Plastic SurgeryHealthcare Services7.3x11.3xNon-essential healthcare; higher multiples but more volatile
Landscaping - Full ServiceProperty & Facility Services8.0x11.0xMaintenance-based higher than construction-based
Healthcare - Medical DevicesHealthcare Services6.7x10.4xStrong demand; technology-driven
Marketing Agency - GrowthMarketing & Advertising5.2x10.2xTop performers with 3yr double-digit growth at 8-12x
Healthcare - HospitalsHealthcare Services6.3x9.7xEssential healthcare; more stable
Advertising AgencyMarketing & Advertising5.5x9.5xRecovering post-2022 downturn
Marketing Agency - DigitalMarketing & Advertising4.9x9.0xM&A advisor representation increases multiples
Chemical EngineeringEngineering Services6.7x9.0xSpecialty engineering premium
Healthcare - Medical PracticesHealthcare Services5.6x8.8xPublic companies median 11.5x
Civil & Structural EngineeringEngineering Services6.1x8.5xResilient through economic downturn
Mechanical EngineeringEngineering Services5.6x7.5xTalent shortage affecting valuations
Property ManagementProperty & Facility Services3.3x7.1xAverage 3.76x - 4.19x; real property services up to 11x
Staffing & RecruitingHuman Capital Services3.5x5.5x80% of agencies; large/high-performing up to 7-10x
Accounting Firms (CPA)Professional Services3.0x5.5xMany firms use revenue multiples; lower middle market 3-11x
Legal Services FirmsProfessional Services2.5x4.3xRecurring revenue models higher; legal tech with AI higher
Cleaning ServicesProperty & Facility Services3.4x4.1xLabor-intensive; lower multiples
HVAC ServicesHome Services2.2x3.8xRecurring maintenance contracts command premium; jumped in late 2022
Security ServicesProperty & Facility Services2.0x3.5xAverage 2.64x; commoditized service