Normalized EBITDA: What It Is and Why Buyers Care
Normalized EBITDA: What It Is and Why Buyers Care Quick Answer Normalized EBITDA is trailing twelve months (TTM) EBITDA adjusted for non-recurring, non-cash, and owner-discretionary items so the number reflects the cash a new owner could reasonably expect under arms-length, third-party management. Buyers care because purchase price is calculated directly off this figure: normalized EBITDA […]