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Larger companies$100,000,000 in sales
What is a company with $100,000,000 in sales worth? At the top of our data, or past it
Your margin decides which figures describe you. Then the shape of the sale decides what reaches your bank.
Valuation
10 min read
Figures: IRS tax year 2023GF Data through Q3 2025PitchBook Q2 2026Market Pulse through Q2 2026Read November 12, 2026
Legend Atty · Founder, BridgeBook
Published
What is it worth at $100,000,000?
The short answer: a company with $100,000,000 in sales sits at the top of our sold-deal data, or past it. S corporations this size kept about 8.0%[1] before interest, depreciation and amortization in tax year 2023, by our math on IRS figures. That's $8,000,000, which our data still reaches. A wider margin doesn't, so we show other publishers' figures too.
- IRS margin at this size
- 8.0%[1]Before interest, depreciation and amortization, tax year 2023, our math
- EBITDA at that rate
- $8,000,000A made-up example on $100,000,000 of sales
- Our sold-deal range, typical
- $39,200,000$32,000,000 to $46,400,000, priced on EBITDA
- Other publishers' figures
- Exhibit 1For company values from ours up, named and dated
The IRS figure is every S corporation with $50,000,000 to $250,000,000 in sales, counted as one, sorted by business receipts. We call those receipts sales. Their business profit, reported to the IRS before the owners' own income tax, was 6.1%[1] of what they took in.
You're in a small group. The Census Bureau counted 35,420[3] U.S. employer firms with $100,000,000 or more of receipts in 2022.
The range below is the sold-deal data behind our calculator, IBBA and M&A Source Market Pulse[2]. Its top group stops at companies that sold for $50,000,000. Our range's high end reaches that at $8,620,690 of EBITDA, a margin of about 8.6% on $100,000,000. Above that, the tool says it's past our data and names no figure.
Your numbers
Industry: All industries
IRS, S corporations with $50,000,000 to $250,000,000 in sales, tax year 2023, our math. Change it to yours.
A made-up example at the IRS rate
$8,000,000
A made-up example: 8.0% of $100,000,000 in yearly sales. EBITDA is yearly profit before interest, taxes, depreciation and amortization.
Our sold-deal data puts that EBITDA at
$32,000,000 to $46,400,000
Typical $39,200,000, priced on EBITDA.
IBBA and M&A Source Market Pulse, closed deals of $5,000,000 to $50,000,000. Typical is the middle of its recent readings. Our figures checked November 2, 2026.
Other publishers' figures, not ours
| Company value | Multiple of EBITDA | Publisher |
|---|---|---|
| $10,000,000 to $25,000,000 | 5.9x | GF Data, average, through the third quarter of 2025 |
| $25,000,000 to $50,000,000Near yours | 6.6x | GF Data, average, through the third quarter of 2025 |
| $50,000,000 to $100,000,000 | 8.7x | GF Data, average, through the third quarter of 2025 |
| $100,000,000 to $250,000,000 | 10.0x | GF Data, average, through the third quarter of 2025 |
| $1,000,000 to $10,000,000 | 5.5x | TagniFi, median, twelve months to March 31, 2026 |
| $10,000,000 to $50,000,000Near yours | 7.3x | TagniFi, median, twelve months to March 31, 2026 |
| $50,000,000 to $200,000,000 | 9.0x | TagniFi, median, twelve months to March 31, 2026 |
| $200,000,000 to $500,000,000 | 11.4x | TagniFi, median, twelve months to March 31, 2026 |
These figures come from outside reports, not from BridgeBook's own data: each one counts different deals in its own way, so read them as a guide to the market, not as a price for your company.
At this profit you can book a call with a dedicated advisor.
The valuation asks your sales and profit again, then your name, email and cell phone, and shows a range.
What do outside reports show at this size?
Figures that climb with size. Both publishers below group deals by company value, the price for the whole business before debt and cash. GF Data averages private equity platform buyouts, and TagniFi takes the median across all buyers.
Other publishers' figures from $25,000,000 to $500,000,000 of company value
Band is company valueOther publishers' figures, not ours
| Company value | Multiple of EBITDA | Statistic | Buyers | Period | Publisher |
|---|---|---|---|---|---|
| $25,000,000 to $50,000,000Near yours | 6.6x | Average | Private equity, platform buyouts | Through the third quarter of 2025 | GF Data[4] |
| $50,000,000 to $100,000,000 | 8.7x | Average | Private equity, platform buyouts | Through the third quarter of 2025 | GF Data[4] |
| $100,000,000 to $250,000,000 | 10.0x | Average | Private equity, platform buyouts | Through the third quarter of 2025 | GF Data[4] |
| $100,000,000 to $500,000,000 | 9.8x against 7.0x under $100,000,000 | Average | Private equity, platform buyouts | Through the third quarter of 2025 | GF Data[4] |
| $10,000,000 to $50,000,000Near yours | 7.3x | Median | All buyers | Twelve months to March 31, 2026 | TagniFi[5] |
| $50,000,000 to $200,000,000 | 9.0x | Median | All buyers | Twelve months to March 31, 2026 | TagniFi[5] |
| $200,000,000 to $500,000,000 | 11.4x | Median | All buyers | Twelve months to March 31, 2026 | TagniFi[5] |
These figures come from outside reports, not from BridgeBook's own data: each one counts different deals in its own way, so read them as a guide to the market, not as a price for your company.
Source: GF Data, Through the third quarter of 2025[4]; TagniFi, Twelve months to March 31, 2026[5].
These are averages and medians of other people's deals. A company that leans on its owner, or on one customer, sells below them.
We print them as other publishers' figures and never turn one into a price for you. Here's why bigger companies sell for more, and where a company half this size sits. For twice your size, see a company with $200,000,000 in sales.
Who buys a company this size?
Private equity funds, the companies they already own, and companies in your field. PitchBook's figure for 2025: the typical U.S. buyout under $1,000,000,000 was $206,000,000 of company value.[6]
Your peers buy too. In Citizens' survey, 79% of companies with $25,000,000 to $1,000,000,000 in revenue see themselves as possible sellers, and 61% as buyers.[7] A strategic buyer, a company in or near your industry, may pay for what it can combine with its own business.
Each kind of buyer asks for different things after the price. Here's who buys a company your size.
How is a sale this size run?
In rounds. First come indications of interest: a buyer's first written price range, before meeting you. The buyers you choose then meet your team and send a letter of intent, the buyer's written offer, mostly non-binding.
Signing one usually starts exclusivity, a set period when you can't talk to other buyers. Exclusivity commonly runs 30 to 60 days after the letter of intent is signed, one law firm's guide says.[8]
Signing the purchase agreement and closing often happen on different days. 97 of the 139 deals in the ABA study signed first and closed later.[9] The gap is for approvals, financing and the last checks.
Each stage has its own pace. Here's how long a larger sale takes, round by round, and how we'd run a sale your size.
How much of an earnout gets paid at this size?
More than in smaller deals, and still not all of it. An earnout is part of the price, paid later only if targets are met.
SRS Acquiom's earnout study: where anything was paid, earnouts paid a median 43 cents on the dollar in deals of $50,000,000 or less and 67 cents above that.[11]
Count an earnout at less than face value when you compare offers. Here's how much of an earnout gets paid.
What should you ask your CPA now?
Ask what each deal shape does to your cash after tax, before any letter of intent. The letter sets whether it's an asset or a stock sale, and how much you roll into shares. Those choices are hard to change once you're exclusive. Start with asset sale or stock sale, then take the questions to your CPA.
What we'd look at first
A first call at this size is about which market you're in. A dedicated advisor works through these.
- Your margin against 8.6%, which says whether our data or other publishers' figures describe you.
- Whether your statements are audited or reviewed, and for how many years.
- Who has already called about buying you, and what each one asked.
- How much you'd like to keep in shares, and how long you'd stay on after closing.
For the full picture of a sale run for a company like yours, see sell-side advisory.
Selling a company with $100,000,000 in sales, by industry
Each of these pages has a section for a company your size in that industry: its margin, who buys it and what they check.
- Manufacturing of any kind
- Food manufacturing
- Metal fabrication and machine shops
- Machinery manufacturing
- Building construction
- Site work and civil construction
- HVAC, plumbing and electrical
- Distribution and wholesale
- Food and beverage distribution
- Trucking and logistics
- Staffing and recruiting
- Commercial facility services
- Waste management
Questions owners ask at $100,000,000
What is a $100,000,000 revenue company worth?
At the IRS rate for its size band, 8.0%, its profit is about $8,000,000. The sold-deal data behind our calculator puts that at $32,000,000 to $46,400,000, at the top of its group. With a wider margin, it's past our data, and we show other publishers' figures instead.
How long does it take to sell a company this size?
We found no public survey of time to close at this size, so we don't quote one. Most of the time goes to getting ready, finding buyers and the buyer's checking after the letter of intent.
Who buys companies with $100,000,000 in sales?
Private equity funds, companies they own, and companies in your field. 61% of the mid-size companies Citizens surveyed see themselves as buyers.
Can I sell part of my company instead?
Yes. You can sell a majority and keep a stake, or sell a minority for growth money.
Where these numbers come from
The sold-deal data behind our calculator: IBBA and M&A Source Market Pulse, closed deals. Our figures checked November 2, 2026.
- IRS Statistics of Income, Corporation Income Tax Returns Complete Report (Publication 16), Table 3.2, Form 1120-S by size of business receipts. Tax Year 2023, released September 2026. Read November 12, 2026.
- IBBA and M&A Source, Market Pulse Q2 2026 Highlights. Second quarter of 2026. Read November 12, 2026.
- U.S. Census Bureau, Statistics of U.S. Businesses 2022, by enterprise receipts size. 2022, released April 10, 2025. Read November 12, 2026.
- TagniFi, PowerComps Middle Market Update for the first quarter of 2026: Quality Over Quantity. Twelve months to March 31, 2026. Read November 12, 2026.
- PitchBook, Q2 2026 US PE Breakdown. Second quarter of 2026. Read November 12, 2026.
- Citizens, M&A Market Set to Broaden as Confidence Surges (2026 M&A Outlook). Survey of November 2025: 276 companies with $25,000,000 to $1,000,000,000 in revenue and 124 private equity firms. Read November 12, 2026.
- Baker McKenzie, Global Private M&A Guide, United States, Preliminary documents. Undated. Read November 12, 2026.
- K&L Gates, 2025 ABA Private Target Mergers Acquisitions Deal Points Study (summary). Deals signed and closed in 2024 and the first quarter of 2025. Read November 12, 2026.
- ACG Insights (GF Data analyst), Rollover Equity Rises as Credit Conditions Reshape the Middle Market. Through the third quarter of 2025. Read November 12, 2026.
- SRS Acquiom, M&A Earnout and Milestone Trends. Deals closed through 2025. Read November 12, 2026.
Percentages are BridgeBook's arithmetic on the IRS dollar figures.
Outside figures are other publishers', named and dated, and they don't feed our calculator. How we use outside figures
Keep reading
- Larger companiesWhat a $200,000,000 Company Is WorthPast our sold-deal data: what a company this size keeps, what a buyer checks, and what insurance changes.
- Larger companiesHow Long It Takes to Sell a Larger CompanyWhat happens in each month of a sale, from getting ready to the wire, and what a first offer commits you to.
- Larger companiesRollover Equity: Keeping a Stake When You SellWhy private equity buyers ask you to keep shares, how much sellers keep, and what sits ahead of you.
- SellingHow to sell a businessThe steps from a first valuation to closing day, and what to get ready before buyers look.
- Larger companiesAverage Profit Margin by Company SizeWhat companies your size keep as profit, by size and by industry, from tax returns the IRS publishes.
- Larger companiesWhat a $10,000,000 Company Is WorthWhen buyers stop counting your pay as profit, and who can buy a company this size.
One important decision. Two good places to start.
Ask which market is yours
Part of a likely range at this size sits past our data. On a call, a dedicated advisor says which figures fit your company and how the sale would run.
Your exit credit comes off our success fee at closing and grows with your yearly sales: $5,000 under $5,000,000 in sales ($2,500 for your valuation report, plus $2,500 for your advisor call or for starting your listing), up to $50,000 at $100,000,000 or more.
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