EBITDA Multiples Trend: EBITDA multiples across all industries reached their peak in the third quarter of 2018 at 5.0x 
and then dipped until the second quarter of 2022. Since then, they have been trending upward, reaching 4.1x in the third 
quarter of 2024.

Industry Variations: EBITDA multiples vary significantly by industry. For example, industries like Advanced Medical 
Equipment & Technology and Corporate Financial Services tend to have higher EBITDA multiples compared to industries 
like Coal and Commercial Printing Services.

• Information Technology Sector:  EBITDA multiples have soared in the past 12 months to 26.3x bringing the
  all-time median EBITDA multiple of 11x.
  
  
• Finance and Insurance Sector:  EBITDA multiples have increased in the past 12 months to 9.6x bringing the
  all-time median EBITDA multiple of 7.5x.
  
  
• Other Sectors Seeing Incremental Improvement:  Transportation and Warehousing increased to 3.9x from 3.7x,
  Waste Management and Remediation rose to 3.5x from 3.4x, Educational Services increased to 4.3x from 3.7x,
  Accommodations and Food Services rose to 2.7x from 2.5x, and Other Services rose to 3.5x from 3.1x.
  
  
• Industries Seeing the Largest Declines:  Mining, Quarrying, and Oil & Gas Extraction declined from 8.0x to 3.6x,
  Professional, Scientific, and Technical Services declined from 5.8x to 3.4x, Health Care and Social Assistance declined
  from 5.1x to 3.1x, and Real Estate, Rental and Leasing declined from 3.5x to 3.0x.