Private equity EV/EBITDA multiples in the U.S. 2023
EBITDA multiples have fluctuated significantly in the last decade, but increased overall. At 13.8x, 2021 was the peak year for PE EV/EBITDA valuations, but this figure decreased by 1.5 points between 2021 and 2023, reaching 12.3x. Enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) is a ratio calculated to estimate the value of a company. When used to measure industries, valuation multiples can have a wide variation. Areas of higher growth can be expected to have a higher EV/EBITDA ratio.
