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Physical Therapy Valuation Calculator

Median 9.43x EBITDA across 200 real disclosed transactions. Three-field instant range, no signup.

Value your physical therapy

Get an instant valuation range for your business. Backed by 25,592 real M&A transactions.

Physical TherapyM&A benchmarks (current)

Median EV/EBITDA

9.43×

P25–P75: 7.46× – 12.62×

Median EV/Revenue

1.38×

P25–P75: 0.8× – 2.3×

Deal count (full sample)

200

Median deal value

$34.0M

How this calculator works

The physical therapy calculator pulls medians from 200 disclosed M&A transactions in our database, then applies adjustments specific to physical therapy businesses (margin vs the vertical median, growth trend, recurring revenue mix, owner dependency, customer concentration). Output is a tight range around the most-likely value, plus an honest per-deal error estimate based on real engine performance.

What drives premium multiples in physical therapy

  • Multi-location footprint with a clinical director per site
  • Cash-pay specialty programs (sports medicine, women's health, neuro)
  • Diversified payor mix (no single insurance contract above 25%)

What compresses physical therapy multiples

  • Single-location, owner-clinician dependent (can't transfer cleanly)
  • Heavy Medicare exposure (reimbursement-cut risk priced in)
  • Lease under 7 years (kills the SBA buyer path)

More on physical therapy valuations

Backed by 25,592 disclosed transactions from SEC filings, EDGAR 8-K/S-4, and verified press releases · methodology