Table 4: Median historical EV/Revenue multiples: H1 2019 - H1 2024 (1)
Median EV/Revenue multiples
H1 2019
H2 2019
H1 2020
H2 2020
H1 2021
H2 2021
H1 2022
H2 2022
H1 2023
H2 2023
H1 2024
1.9x
1.9x
1.7x
2.6x
1.5x
1.5x
1.4x
1.4x
1.4x
1.4x
2.1x
1.3x
1.3x
Median
1.3x
1.2x
1.1x
0.5x
Acute care
Home health and hospice
Long-term care
Managed healthcare
Non-acute care
Source: S&P Capital IQ and proprietary BT Capital research
(1) Data as of 6/30/2024 or most recently reported period