SDE multiples · clinic value
PT Clinic Valuation Calculator
Estimate what your physical therapy clinic is worth using SDE and revenue benchmarks.
Physical therapy clinic valuation supports buy-sell negotiations, partner buyouts, and lender underwriting. This calculator applies PT-specific SDE and revenue multiples plus equipment value to estimate likely market value.
- Estimated Value = SDE x Industry Multiple (typically 2.5x-4.0x)
- SDE = Net Profit + Owner Compensation + discretionary add-backs
- Median outpatient PT clinic sells at ~3.2x SDE
Built for PT clinic owners planning an exit, acquirers evaluating targets, and advisors pricing private practice transactions.
Source: BizMetricsHQ 180+ physical therapy clinics (2025–2026). Methodology
Clinic Financials
Estimated Value
$976,000
Range: $762,500 - $1,220,000
At 3.20x SDE on $305,000 SDE
SDE-Based Value
$976,000
Revenue-Based Value
$680,000
Industry Multiples
Revenue Multiple
0.6x-1.0x
Median 0.80x
SDE Multiple
2.5x-4.0x
Median 3.20x
EBITDA Multiple
4.0x-6.0x
Median 5.00x
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Frequently Asked Questions
How are physical therapy clinics valued?
Most outpatient PT clinics are valued using SDE multiples in the 2.5x-4.0x range, with a median near 3.2x. Revenue multiples (0.6x-1.0x) are often used as a secondary check, especially in multi-therapist practices.
What is a good SDE multiple for a PT clinic?
Median PT clinic transactions cluster around 3.2x SDE. High-retention, referral-diversified clinics with strong therapist productivity can command 3.5x-4.0x, while owner-dependent clinics may trade closer to 2.5x-3.0x.
How do I calculate SDE for a physical therapy practice?
SDE starts with net profit and adds back owner compensation plus discretionary or one-time expenses. With $140K net profit and $165K owner compensation, estimated SDE is about $305K before additional normalized adjustments.
What is an $850K revenue PT clinic worth?
At typical margins, an $850K PT clinic with roughly $305K SDE often values near $976K at the 3.2x median, with a broader range around $763K-$1.22M using 2.5x-4.0x SDE multiples.