HVAC Business Valuation Multiples (2026): EBITDA & SDE Reference

What HVAC businesses are actually selling for in 2026: 4-7x EBITDA depending on size, recurring revenue, and PE roll-up activity. Real ranges from 27 active HVAC buyers.

What HVAC businesses are actually selling for in 2026: 4-7x EBITDA depending on size, recurring revenue, and PE roll-up activity. Real ranges from 27 active HVAC buyers.