Calculator · Q1 2026 multiples

Business valuation calculator

Enter your industry and normalised earnings; get an enterprise-value range. Then apply the six factors that materially move multiples within a category. Every input carries its own source citation.

Highest-multiple home-services category. PE platform competition is intense. Service-plan-revenue mix and replacement-vs-repair ratio are the two biggest within-category multiple movers.

$100K$1M$3M$10M+

Use owner-adjusted earnings — after add-backs for above-market owner comp, personal expenses run through the business, and one-time items. Sub-$1M = SDE; over $1M = EBITDA.

Adjustments — what moves your multiple within the band
Enterprise value range
$9.00M – $12.75M
Midpoint: $10.88M
Base multiple band
6.0× – 8.5× EBITDA
($1M–$3M deal size, HVAC)
Adjustment applied
0.00x
Effective multiple
6.0× – 8.5×

Sensitivity — how EV moves with the multiple

MultipleEnterprise value
6.8×$10.13M
7.3×$10.88M
7.8×$11.63M
8.3×$12.38M
8.8×$13.13M

Methodology

  1. Base range. Uses the 2026 M&Apedia multiples data for the selected industry and deal-size band. See the underlying 2026 Home-Services M&A Multiples Report for the full data plus category notes.
  2. Metric selection. For earnings below $1M, the calculator prices off SDE (seller’s discretionary earnings) because that’s how sub-$1M businesses are actually valued in practice — with owner comp included. Above $1M, it prices off EBITDA.
  3. Adjustments. The six adjustments are the factors that most reliably move a specific company’s multiple within its industry band. Impact magnitudes are practitioner rules-of-thumb, not precise; they widen or narrow the base range rather than replacing it.
  4. What this doesn’t include. Working-capital targets, escrow, indemnity holdbacks, and rollover equity all live below the enterprise-value line. Use the net-proceeds calculator to translate EV into cash-at-close and net-to-seller.

Sources & data provenance

Data on this page reflects the state of primary sources as of .

  1. 2026 Home-Services M&A Multiples Report
    M&Apedia · Accessed

    Category-specific EBITDA and SDE multiple ranges by deal-size band. Practitioner-sourced.

  2. GF Data — Middle-market EBITDA multiples (subscription)
    GF Data Resources LLC · Accessed

    Reference dataset for larger-deal ($10M-$250M EV) EBITDA multiples. Subscription.

  3. Pepperdine Private Capital Markets Report
    Pepperdine Graziadio Business School · Accessed

    Free annual survey of private capital market pricing.

  4. IBBA Market Pulse Report (quarterly)
    International Business Brokers Association · Accessed

    Main-street and lower-middle-market transaction pricing survey.

Related

For informational and educational purposes only. Not investment, legal, or tax advice. Real transaction pricing depends on deal-specific diligence and buyer competition; use a licensed M&A advisor for specific engagements.