Texas Industry Valuation Multiples for $1M–$20M Businesses

Construction · Texas

Construction trades

What a Texas construction business is worth — general contracting, concrete, framing, masonry, and site work — and how to sell it for the most.

See the construction guide → Roofing · Texas

Roofing companies

What Texas roofing companies sell for, how buyers value net profit and recurring work, and how to sell yours for the most.

See the roofing guide → HVAC · Texas

HVAC businesses

What your Texas HVAC business is worth, what buyers pay for service and maintenance revenue, and how to sell for top dollar.

See the HVAC guide → Plumbing · Texas

Plumbing

What Texas plumbing companies sell for, how buyers value recurring service work and the master-plumber bench, and how to sell yours.

See the plumbing guide → Electrical · Texas

Electrical

What Texas electrical contractors sell for, how buyers value contracted work and the licensed bench, and how to sell yours.

See the electrical guide → Oilfield Services · Texas

Oilfield services

What Texas oilfield services companies sell for — how buyers value contracts, equipment, and safety record — and how to sell.

See the oilfield services guide → IT & MSP · Texas

IT & managed services

What Texas IT and MSP firms sell for, why monthly contract revenue drives the price, and how to sell yours.

See the IT / MSP guide → Manufacturing · DFW

Manufacturing

What your Texas manufacturing company is worth — how buyers value equipment, customers, and net profit — and how to sell it.

See the manufacturing guide → Valuation Multiples · Mechanical

HVAC, plumbing & mechanical valuation

Published SDE & EBITDA multiples, worked valuation example, and value drivers for Texas HVAC, plumbing, and mechanical contractors.

See mechanical multiples → Valuation Multiples · Industrial

Manufacturing & machine shop valuation

Published SDE & EBITDA multiples, worked valuation example, and shop-floor value drivers for Texas manufacturers and fabricators.

See manufacturing multiples → Valuation Multiples · Specialty Trades

Construction & specialty trade valuation

Published SDE & EBITDA multiples, worked valuation example, and transferability drivers for Texas electrical, roofing, and construction trades.

See specialty trade multiples → Valuation Multiples · MSP & IT

MSP & managed IT valuation

Published SDE, Adjusted EBITDA & MRR multiples, worked valuation example, and recurring contract drivers for Texas MSPs.

See MSP & IT multiples → Valuation Multiples · Energy Services

Oilfield & energy services valuation

Through-cycle SDE & EBITDA multiples, maintenance CapEx adjustments, and basin MSA value drivers for Texas energy services.

See oilfield multiples → Managed IT & MSP · Texas

Managed IT services (MSP) advisory

Contracted MRR quality, PSA agreement EHR (≥$145/hr), non-owner vCIO handoffs, and 3.0x SDE to 7.5x+ EBITDA valuation bridges.

See the MSP advisory guide → Fire & Life Safety · Texas

Fire protection & life-safety advisory

Code-mandated NFPA 25/72 ITM recurring revenue, red/yellow-tag deficiency pull-through, Texas SFMO RME licensing, and 4.5x–6.5x+ multiples.

See the fire & life-safety guide → Facility Maintenance · Texas

Commercial cleaning & janitorial advisory

W-2 labor compliance, geofenced building-level gross margins (≥38% GM), specialty tag-work pull-through, and 2.5x SDE to 5.5x+ EBITDA multiples.

See the commercial cleaning guide → Industrial Door & Dock · Texas

Overhead door, loading dock & gate advisory

Multi-bay warehouse dock/door PMs, 55%–65% GM emergency repair, NFPA 80 fire-door drop testing, and 4.5x–6.5x+ EBITDA valuation bridges.

See the door, dock & gate guide → Environmental & Hydro-Vac · Texas

Environmental, liquid waste & hydro-excavation advisory

TCEQ transporter permits, scheduled commercial grease/grit-trap routes, EBITDA-minus-maintenance-capex valuation, and 3.0x–6.5x+ multiples.

See the environmental & hydro-vac guide → Heavy Civil, Paving & Utilities · Texas

Heavy civil, sitework, concrete & paving advisory

CPA-reviewed ASC 606 WIP schedules, surety GIA release, yellow-iron IRC §1245 tax recapture, and commercial pavement maintenance multiples.

See the heavy civil & paving guide → Cold-Chain & Foodservice · Texas

Commercial refrigeration & foodservice advisory

TDLR ACR commercial refrigeration licensing, CFESA hot-side repair, leased ice-machine MRR fleets, and 4.75x–6.75x+ EBITDA multiples.

See the commercial refrigeration guide → Logistics, 3PL & Fleet Repair · Texas

Specialized trucking, 3PL & diesel fleet repair advisory

Contracted shipper lanes, 3PL transload warehouses, Class 6–8 heavy-duty diesel fleet PMs, and OpCo/PropCo terminal NNN lease valuation.

See the trucking, 3PL & fleet guide → Equipment Rental, Crane & Scaffolding · Texas

Equipment rental, crane, rigging & scaffolding advisory

OEC dollar utilization, EBITDA-minus-maintenance-CapEx underwriting, NCCCO crane/rigging safety audits, and 3.5x–5.8x+ valuation multiples.

See the rental, crane & scaffolding guide → Cabinetry, Millwork & Stone Fab · Texas

Custom cabinetry, architectural millwork & stone fab advisory

Microvellum/CAD drafting throughput, laser-template install gates, builder concentration cleanup, and 2.75x–5.5x+ valuation multiples.

See the cabinetry, millwork & stone guide → Asphalt Paving, Sealcoating & Concrete · Texas

Asphalt paving, sealcoating, striping & concrete flatwork advisory

Property-manager & REIT parking-lot maintenance MSAs, PG 64-22 hot-mix escalation clauses, yellow-iron recovery rates, and 3.0x–6.25x+ multiples.

See the paving, sealcoating & concrete guide → Commercial Glass, Glazing & Storefront · Texas

Commercial glass, glazing, storefront & curtainwall advisory

Two-engine contract + 24/7 commercial door/glass service margins, IGU & extrusion stored-material WIP billing, and 2.75x–6.0x+ multiples.

See the commercial glass & glazing guide → Commercial Solar, BESS & EV Charging · Texas

Commercial solar, battery storage (BESS) & EV charging advisory

C&I O&M & orphaned-array service contracts (55%–68% GM), Oncor/CenterPoint EPC WIP milestones, TDLR RMEL succession, and 3.5x–6.0x+ multiples.

See the commercial solar, BESS & EV guide → Rotating Equipment, Pump & Valve MRO · Texas

Industrial pump, valve, compressor & rotating equipment advisory

National Board VR Stamp compliance, OEM territory rights, serialized rotable exchange pools, municipal/refining MSAs, and 4.5x–6.75x+ multiples.

See the pump, valve & compressor MRO guide → Elevator, Escalator & Lift Service · Texas

Elevator, escalator & commercial lift service advisory

TDLR Ch. 754 annual inspection pull-through, multi-year FM/O&G maintenance route density, non-proprietary modernizations, and 6.0x–9.0x+ multiples.

See the elevator & lift service guide → Water Well, Submersible Pump & OSSF Septic · Texas

Water well drilling, submersible pump & aerobic septic advisory

TDLR Ch. 1901/1902 driller/pump succession, mandatory TCEQ 4-month aerobic OSSF maintenance routes, rig CapEx math, and 3.0x–6.25x+ multiples.

See the water well, pump & septic guide → Perimeter Security, Fencing & Gates · Texas

Commercial fencing, crash bollards & automated gate advisory

Data center & school-hardening perimeters, 24/7 automated gate & access-control PMs (UL 325 / DPS PSB), welding fab, and 3.5x–6.25x+ multiples.

See the fencing, bollard & gate guide → Commercial Flooring, Epoxy & Polished Concrete · Texas

Commercial flooring, industrial epoxy & polished concrete advisory

ASTM F2170 moisture-mitigation change orders, planetary grinder/generator fleet recovery, AIA stored-material WIP, and 3.5x–5.75x+ multiples.

See the flooring, epoxy & polished concrete guide → Water/Fire Restoration & Mold · Texas

Water damage restoration, fire mitigation & mold advisory

65%–75% GM structural drying, commercial Emergency Response Plans (ERPs), TDLR Ch. 78 mold licensing, TPA diversification, and 4.25x–6.5x+ multiples.

See the water, fire & mold restoration guide → Mechanical Insulation, Refractory & Coatings · Texas

Industrial mechanical insulation, refractory & coatings advisory

Nested plant MSAs, Corrosion Under Insulation (CUI) soft-craft bundles, CNC removable thermal blankets, AMPP QP1/QP2, and 4.25x–6.25x+ multiples.

See the insulation, refractory & coatings guide → Commercial Drywall, Framing & Ceilings · Texas

Commercial drywall, metal framing, ceiling & stucco advisory

Division 05/09 Corporate TI & healthcare ICRA cash cycles, MEP trade-damage EWOs, sub-tier COI audits, and 2.5x–5.75x+ valuation multiples.

See the drywall, framing & ceiling guide → Industrial Automation, PLC/SCADA & UL 508A · Texas

Industrial automation, PLC/SCADA & UL 508A panel shop advisory

24/7 OT support SLAs, NIST instrument calibration routes, Rockwell/Ignition/DeltaV engineering benches, and 5.0x–7.5x+ valuation multiples.

See the automation, PLC/SCADA & panel shop guide → Structural Steel Fab, Misc Metals & Erection · Texas

Structural steel fabrication, misc metals & erector advisory

AISC BU certification, automated CNC beam lines, Tekla/SDS2 detailing throughput, stored raw-steel WIP billing, and 3.0x–6.25x+ multiples.

See the structural steel & misc metals guide → Kitchen Hood Cleaning & Grease Trap Routes · Texas

Commercial kitchen exhaust hood & grease trap service advisory

Mandatory NFPA 96 Brycer portal uploads, 90-day TCEQ Ch. 312 grease trap routes, UL 300 suppression cross-sells, and 4.5x–7.25x+ multiples.

See the kitchen hood & grease trap guide → Commercial Signage, Wayfinding & LED Retrofit · Texas

Commercial signage, architectural wayfinding & LED advisory

UL 48 sign fabrication, TDLR Master Sign Electrician (MSLE) succession, crane fleet utilization, 50% deposit WIP, and 2.5x–6.25x+ multiples.

See the commercial sign & wayfinding guide → Commercial Laundry, Warewashing & Chemical · Texas

Commercial laundry, warewashing & chemical route advisory

36–60 month leased dishmachine & dispenser fleets, 70%+ GM 28-day chemical routes, OPL distributor territories, and 4.5x–7.25x+ multiples.

See the laundry, warewashing & chemical guide → Commercial Pool, Aquatic & Pool Routes · Texas

Commercial pool, aquatic facility & pool route advisory

TDLR RAIL/TICL equipment repair licensing, DSHS commercial pool compliance, weekly route density, gunite WIP, and 2.5x–7.0x+ multiples.

See the commercial pool & aquatic guide → Material Handling, Forklift & Loading Dock · Texas

Material handling, forklift, loading dock & racking advisory

Aftermarket Service & Parts Absorption, multi-bay dock/restraint PMs, mobile forklift road vans, racking WIP, and 3.5x–6.75x+ multiples.

See the material handling & forklift guide → Fiber Optic, Directional Boring & Cabling · Texas

Fiber optic, directional boring (HDD) & structured cabling advisory

Direct carrier/data-center MSAs, BICSI RCDD benches, Texas811 daylighting logs, HDD rock-tooling math, and 2.8x–6.5x+ multiples.

See the fiber, HDD & cabling guide → Medical, Dental & Lab Equipment Service · Texas

Medical, dental, veterinary & lab equipment service advisory

TJC/AAAHC biomedical PM sticker routes, ISO/IEC 17025 lab calibration, serialized CMMS asset databases, loaner autoclaves, and 5.0x–7.5x+ multiples.

See the medical, dental & lab service guide →