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Methodology · Raw JSON · Last updated 2026-08-01

Physical Therapy sale multiples - $500M+ EV

Across 11 disclosed physical therapy transactions in the $500M+ EV range (2018-2026, from SEC EDGAR filings and verified press releases), the median sale multiple was 14.3x EBITDA.

Updated 2026-08-01 · 11 disclosed deals · source window 2018-2026

These are enterprise / platform-scale deals. Multiples at the $500M+ EV level reflect institutional buyers and scale premiums — a smaller, owner-operated physical therapy typically sells at a lower multiple. Run the calculator for a figure matched to your actual size and financials.

Median multiples ($500M+ EV)

MultipleMedianTypical range (IQR)n
EV / EBITDA14.3x11.2x-15.0x11

Disclosed transactions only (SEC EDGAR + verified press releases), filed 2018-2026, n≥10 per cell. These are population medians for the size bracket - a precise figure for your business depends on margins, growth, customer concentration, and owner-dependence. Run the calculator below for that.

Where does your Physical Therapy fall in the 11.2x-15.0x range?

The $500M+ EV median is just the midpoint - disclosed deals ranged 11.2x-15.0x, a 1.3x swing in proceeds on similar numbers. Your margins, growth, customer concentration, and owner-dependence decide where you land. Get your specific figure in 2 minutes.

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What this answers

What multiple do Physical Therapy businesses sell for ($500M+ EV)?

Across 11 disclosed physical therapy transactions in the $500M+ EV range (2018-2026, from SEC EDGAR filings and verified press releases), the median sale multiple was 14.3x EBITDA. The interquartile (typical) EV/EBITDA range was 11.2x-15.0x. For a precise figure for your specific business, run the ExitValue.ai Physical Therapy calculator.

Where does this data come from?

Publicly-disclosed M&A transactions filed with the SEC (8-K, S-4 fairness opinions) plus verified press releases. No estimated, imputed, or licensed data. Each cell requires n≥10. See https://exitvalue.ai/methodology for the full sourcing rules.

How current is this data?

Source window: 2018-2026. Refreshed weekly as new SEC filings accumulate. Last published: 2026-08-01.

Other size brackets for Physical Therapy

$5M-$25M EV$25M-$100M EV
$500M+ EV (you are here)

How to cite: ExitValue.ai. (2026). Physical Therapy M&A Transactions ($500M+ EV). https://exitvalue.ai/stats/physical-therapy-over-500m-ev-multiples

License: CC-BY 4.0 (data) / MIT (code). Attribution required.

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