Valuations
Transaction EV/Adj. EBITDA · LTM to Q4 2026
By sector Median EV / Adj. EBITDA
Transaction multiples
LTM median EV / Adj. EBITDA · trailing four quartersQ1 2025 – Q4 2026Shown when 3+ deals disclose the figure · Q4 2026 to date
Did buyers win?
Loading…Sector comparison
| SECTOR | Q4 2026 | Q3 2026 | CHANGE | 8-QUARTER RANGE | DEALS IN MEDIAN (LTM) |
|---|---|---|---|---|---|
| Tech | 14.2x | 11.1x | +3.1x | 11.1x – 18.4x | 11 |
| Healthcare | 10.2x | 10.7x | -0.5x | 10.2x – 15.3x | 12 |
| Energy | 11.7x | 9.4x | +2.3x | 8.0x – 11.7x | 4 |
| Financials | 13.6x | 14.7x | -1.1x | 13.6x – 16.9x | 7 |
| Industrials | 12.4x | 12.4x | +0.0x | 9.1x – 12.4x | 29 |