Western Europe. Values are as of January each year. A total of 312 companies were included in the calculation for 2025. Figures for years 2019 to 2024 were previously published by the source.
Enterprise value = Market value of equity + Market value of debt - Cash. EBITDA = Estimated by adding depreciation and amortization back to operating income (EBIT). Only positive EBITDA companies.
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EV/EBITDA in the construction sector in Europe 2019-2025, by industry
In Western Europe, the average value of enterprise value to earnings before interest, tax, depreciation and amortization (EV/EBITDA) of all the segments of the construction sector included in the list amounted to *** as of January 2025. Companies operating in the *** segment saw the highest valuation multiple, with EV/EBITDA valued at approximately .
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Leonard N. Stern School of Business. (January 9, 2025). Average EV/EBITDA multiples in the construction sector in Western Europe from 2019 to 2025, by industry [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 29, 2026, from /statistics/1027972/enterprise-value-to-ebitda-in-the-construction-sector-in-europe/
Leonard N. Stern School of Business. "Average EV/EBITDA multiples in the construction sector in Western Europe from 2019 to 2025, by industry." Chart. January 9, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 29, 2026. /statistics/1027972/enterprise-value-to-ebitda-in-the-construction-sector-in-europe/
Leonard N. Stern School of Business. (2025). Average EV/EBITDA multiples in the construction sector in Western Europe from 2019 to 2025, by industry. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 29, 2026. /statistics/1027972/enterprise-value-to-ebitda-in-the-construction-sector-in-europe/
Leonard N. Stern School of Business. "Average Ev/Ebitda Multiples in The Construction Sector in Western Europe from 2019 to 2025, by Industry." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 9 Jan 2025, /statistics/1027972/enterprise-value-to-ebitda-in-the-construction-sector-in-europe/
Leonard N. Stern School of Business, Average EV/EBITDA multiples in the construction sector in Western Europe from 2019 to 2025, by industry ÌÇÐÄÆÆ½â°æ, /statistics/1027972/enterprise-value-to-ebitda-in-the-construction-sector-in-europe/ (last visited July 29, 2026)
Average EV/EBITDA multiples in the construction sector in Western Europe from 2019 to 2025, by industry [Graph], Leonard N. Stern School of Business, January 9, 2025. [Online]. Available: /statistics/1027972/enterprise-value-to-ebitda-in-the-construction-sector-in-europe/