Median, 25th and 75th percentile multiples from disclosed medical devices transactions, 2018-2026, by deal size (enterprise value). Cells need at least 10 deals.
| Deal size | Multiple | Median | P25 | P75 | Deals |
|---|---|---|---|---|---|
| <$5M | EV/Revenue | 1.42x | 0.27x | 1.89x | 10 |
| $5M-25M | EV/Revenue | 1.67x | 0.94x | 3.32x | 26 |
| $25M-100M | EV/EBITDA | 13.00x | 10.30x | 23.25x | 13 |
| $25M-100M | EV/Revenue | 3.60x | 1.76x | 5.50x | 39 |
| $100M-500M | EV/EBITDA | 15.41x | 12.70x | 17.50x | 23 |
| $100M-500M | EV/Revenue | 4.95x | 2.67x | 7.32x | 86 |
| >$500M | EV/EBITDA | 15.20x | 11.70x | 20.09x | 41 |
| >$500M | EV/Revenue | 4.65x | 2.68x | 8.22x | 78 |
Smaller deals usually trade at lower multiples than platform-sized ones, so compare a business with the row for its own size.
Medical devices deal benchmarks on ExitValue.ai · How medical devices businesses are valued
Estimate a specific business: free valuation calculator (full disclosure: built by the publisher of this dataset).
Open data, CC-BY-4.0. Aggregate medians of disclosed M&A transactions (licensed M&A database, SEC EDGAR filings, verified press releases). Published by ExitValue.ai · source repo · DOI 10.5281/zenodo.20398222