HVAC Business Valuation 2026: EBITDA Multiples & What Drives the Premium

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.