
EBITDA Multiples for Construction Businesses
EBITDA multiples are a common way to value construction businesses, but they vary widely based on size, specialization, and revenue quality. Public construction companies often trade at 8x–15x+ EBITDA due to scale and liquidity, while most private firms fall in the 2x–5x range, with higher multiples reserved for larger or highly specialized operators like HVAC and electrical contractors. Businesses with recurring service revenue, strong management teams, and low owner dependence consistently command premium valuations.












