Larger companies$300,000,000 in sales

    What is a company with $300,000,000 in sales worth? The IRS top band, and who buys at this size

    At the IRS rate, your profit puts you past our data. Who bids for a company this size, and how they pay, shapes what reaches your bank.

    Valuation
    11 min read

    Figures: IRS tax year 2023TagniFi through March 2026PitchBook Q2 2026Market Pulse through Q2 2026Read November 12, 2026

    Legend Atty
    Legend Atty · Founder, BridgeBook
    Published
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    What is it worth at $300,000,000?

    The short answer: a company with $300,000,000 in sales sits in the IRS's top size band, past our sold-deal data. S corporations with $250,000,000 or more in sales kept about 8.2%[1] before interest, depreciation and amortization in tax year 2023, by our math on IRS figures. On $300,000,000, that's $24,600,000 of EBITDA, profit before interest, taxes, depreciation and amortization. Who buys at that size shapes the price.

    IRS margin, top band
    8.2%[1]Before interest, depreciation and amortization, tax year 2023, our math
    EBITDA at that rate
    $24,600,000A made-up example on $300,000,000 of sales
    Where our data stops
    $50,000,000Of sale price, so at the IRS rate we name no figure. Other publishers' figures are in Exhibit 1

    The IRS counted 3,073 S corporations with $250,000,000 or more in sales. It sorts them by business receipts, which this page calls sales. Taken together, their business profit on tax returns was 5.9%[1] of what they took in, before the owners' own income tax.

    This band has no top. Its average company had $715,078,611 in sales, more than twice yours, so its figure leans toward much bigger companies. A company at exactly $250,000,000 belongs here, not in the band below.

    In these figures, bigger companies kept less of each sale after the cost of what they sold. The top band's gross margin, what's left of sales after that cost, was 24.3%[1], against 28.1% in the band below. Before interest, depreciation and amortization, the two bands sit close: 8.2% and 8.0%.

    Our range comes from IBBA and M&A Source Market Pulse, the sold-deal data behind our calculator[2]. Its top group stops at companies that sold for $50,000,000, which our range reaches at $8,620,690 of EBITDA. That's a margin of about 2.9% on $300,000,000. At the IRS rate, your EBITDA is nearly three times that line.

    Your numbers
    Yearly sales

    Industry: All industries

    IRS, S corporations with $250,000,000 or more in sales, tax year 2023, our math. Change it to yours.

    A made-up example at the IRS rate

    $24,600,000

    A made-up example: 8.2% of $300,000,000 in yearly sales. EBITDA is yearly profit before interest, taxes, depreciation and amortization.

    Our sold-deal data

    Past our sold-deal data. The group behind our calculator stops at companies that sold for $50,000,000, so we don't put a figure on this one. Other publishers' figures are beside it.

    Other publishers' figures, not ours

    Other publishers' figures by size: GF Data and TagniFi.
    Company valueMultiple of EBITDAPublisher
    $10,000,000 to $25,000,0005.9xGF Data, average, through the third quarter of 2025
    $25,000,000 to $50,000,0006.6xGF Data, average, through the third quarter of 2025
    $50,000,000 to $100,000,0008.7xGF Data, average, through the third quarter of 2025
    $100,000,000 to $250,000,000Near yours10.0xGF Data, average, through the third quarter of 2025
    $1,000,000 to $10,000,0005.5xTagniFi, median, twelve months to March 31, 2026
    $10,000,000 to $50,000,0007.3xTagniFi, median, twelve months to March 31, 2026
    $50,000,000 to $200,000,0009.0xTagniFi, median, twelve months to March 31, 2026
    $200,000,000 to $500,000,000Near yours11.4xTagniFi, 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.

    Why the two differ

    At this profit you can book a call with a dedicated advisor.

    Talk to a dedicated advisorGet my free valuation

    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 the top?

    Fewer rows, and every one stops at $500,000,000 of company value. GF Data tracks private equity buyouts and prints averages. TagniFi prints medians of deals that middle market firms send in.

    Exhibit 1

    Other publishers' figures for company values of $50,000,000 and up

    Band is company value

    Other publishers' figures, not ours

    Other publishers' figures by size: GF Data and TagniFi.
    Company valueMultiple of EBITDAStatisticBuyersPeriodPublisher
    $100,000,000 to $250,000,000Near yours10.0xAveragePrivate equity, platform buyoutsThrough the third quarter of 2025GF Data[3]
    $100,000,000 to $500,000,0009.8x against 7.0x under $100,000,000AveragePrivate equity, platform buyoutsThrough the third quarter of 2025GF Data[3]
    $50,000,000 to $200,000,0009.0xMedianAll buyersTwelve months to March 31, 2026TagniFi[4]
    $200,000,000 to $500,000,000Near yours11.4xMedianAll buyersTwelve months to March 31, 2026TagniFi[4]

    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[3]; TagniFi, Twelve months to March 31, 2026[4].

    Company value is the price for the whole business before debt and cash, so read these bands as prices, never as sales. The marked rows sit nearest a company with $24,600,000 of EBITDA.

    We don't turn any of them into a price for you. Here's why bigger companies sell for more, and what a company with $200,000,000 in sales can still know.

    Who buys a company with $300,000,000 in sales?

    Three kinds of buyer can pay for a company this size. They're private equity funds, larger companies in or near your field, and investors who buy part of a company for growth.

    Funds first. PitchBook's figure for 2025: the typical U.S. buyout under $1,000,000,000 was $206,000,000 of company value.[5] U.S. private equity firms held $1,067,500,000,000[5] not yet invested as of September 30, 2025.

    A fund that buys you plans its own sale. PitchBook says funds held a company a median 6.4 years[5] before selling it in 2025. That clock matters if you keep a stake.

    Companies in your field buy too. Citizens surveyed companies with $25,000,000 to $1,000,000,000 in revenue in November 2025. 61% saw themselves as buyers, and 79% as possible sellers[6].

    Some investors buy only part. In the second quarter of 2026, U.S. growth and expansion deals numbered about 493, up 19.1%, PitchBook says[5]. They were the only kind of private equity deal that grew.

    Each kind asks for different things after the price. Read who buys a company your size and selling all of it or part of it.

    How do I sell a company with $300,000,000 in sales?

    In rounds, so buyers bid against each other before any one of them gets you alone. The steps run in this order.

    1. Get ready: earnings tested by an outside firm, your records in a private online data room, and managers who can present.
    2. First round: a short list of buyers sends written price ranges, called indications of interest.
    3. Second round: the best few meet your team, then send letters of intent, their written offers.
    4. You pick one. It gets a set time alone to check the company, called exclusivity.
    5. You sign the purchase agreement, then close when approvals and financing are done.

    The letter of intent carries most of what moves your cash. PCE, an investment bank, sums it up: a letter of intent covers the price, the structure, working capital, earnouts, rollover, exclusivity and closing conditions.[7] Baker McKenzie notes the letter is usually not binding, apart from parts like confidentiality and exclusivity[8]. Working capital and rollover each get their own section below. An earnout is part of the price paid later, only if targets are met.

    Watch how long exclusivity runs. In Goodwin's private equity deals, exclusivity of 61 days or more went from about 6% in 2021 to nearly 40% in 2022[9]. The same firm notes buyers in a hot auction often get none.

    Many deals sign first and close later. In SRS Acquiom's 2024 deals, 59%[10] had a gap between the two, for approvals, financing and last checks.

    Here's the time each round of a larger sale takes, and how we'd run a sale your size.

    How can working capital change your price at closing?

    Dollar for dollar, in either direction. At $300,000,000 of sales, the money tied up in running the business is large, so a small miss is real money. The made-up example below shows how.

    The target is usually an average of your last 3 to 12 months, Lincoln International says[11]. So timing matters. If closing falls in a slow season, with less owed to you than usual, the price can drop. If it falls after a big inventory build, the price can rise.

    SRS Acquiom studied adjustments in deals closed 2020 to the third quarter of 2025. The final adjustment went to the buyer in 51% of deals and to the seller in 38%[12].

    The median adjustment in the buyer's favor was 0.27% of deal value. On each $100,000,000 of price, that's $270,000, our arithmetic on a made-up amount.

    Agree how the target is set before you're exclusive. Here's the working capital peg, step by step, and the offer to cash calculator for one offer down to the wire.

    How much of the price would you keep in shares?

    On average, about a quarter in the biggest deals GF Data tracks. Rollover equity is part of your price kept as shares in the company after the sale. In deals of $250,000,000 to $500,000,000, GF Data's average rollover was 24.0% in 2025, up from 10.6% in 2021[13].

    On each $100,000,000 of price, 24.0% is $24,000,000 kept as shares, not wired at closing. That part pays when the fund sells again, after what ranks ahead of it.

    Shares come with strings. William Blair notes rollover usually comes with a non-compete, a non-solicit and a non-hire agreement.[14] The shares you get may also carry different rights from the fund's.

    How the rolled part is taxed depends on how the deal is built, so ask your CPA before the letter of intent. Start with how rollover equity works and asset sale or stock sale.

    What we'd look at first

    At this size the first call is about who should bid and on what terms. A dedicated advisor asks about these early.

    1. Which buyers already know your company, and which would see it for the first time.
    2. Your working capital for the last 24 months by month, so the target starts from your own average.
    3. Whether you want a clean exit now or a stake that rides to the fund's next sale.
    4. What your CPA and your lawyer have already said about how the deal should be built.

    Selling a company with $300,000,000 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.

    Questions owners ask at $300,000,000

    What is a $300,000,000 revenue company worth?

    At the IRS rate for the top band, 8.2%, its profit is about $24,600,000. That's nearly three times the most our sold-deal data can price, so we don't put a figure on it. GF Data and TagniFi publish figures by company value up to $500,000,000.

    How do I sell a company with $300,000,000 in sales?

    In rounds. A short list of buyers sends written price ranges, then meets your team and sends written offers called letters of intent. You pick one, give it a set time alone to check the company, then sign and close.

    Who buys companies with $300,000,000 in sales?

    Private equity funds, larger companies in or near your field, and investors who buy part of a company for growth. The typical U.S. buyout under $1,000,000,000 was $206,000,000 of company value in 2025, PitchBook says.

    What is the working capital peg?

    Working capital is the money tied up in running the business day to day. It's what customers owe you, plus inventory, minus the bills you owe. You and the buyer agree on a normal amount of it that the business hands over at closing. That agreed amount is called the peg, or the target. If the business has less than the target on closing day, the price goes down by the gap. If it has more, the price goes up by the difference. The target is usually an average of the last 3 to 12 months, Lincoln International says.

    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.

    1. 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.
    2. IBBA and M&A Source, Market Pulse Q2 2026 Highlights. Second quarter of 2026. Read November 12, 2026.
    3. GF Data, The Size Premium Returns to 2.8x: How Employee Ownership Helps Smaller Platforms Compete. Through the third quarter of 2025. Read November 12, 2026.
    4. TagniFi, PowerComps Middle Market Update for the first quarter of 2026: Quality Over Quantity. Twelve months to March 31, 2026. Read November 12, 2026.
    5. PitchBook, Q2 2026 US PE Breakdown. Second quarter of 2026. Read November 12, 2026.
    6. 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.
    7. PCE Companies, M&A Process Stages Timeline: What Business Owners Should Expect. July 14, 2026. Read November 12, 2026.
    8. Baker McKenzie, Global Private M&A Guide, United States, Preliminary documents. Undated. Read November 12, 2026.
    9. Goodwin, Durations in M&A Exclusivity Periods Increased Significantly Since 2021. 2021 and 2022 deals. Read November 12, 2026.
    10. SRS Acquiom, 2025 M&A Deal Terms Study. Deals closed 2019 to 2024. Read November 12, 2026.
    11. Lincoln International, Bridging the Gap Between Target and Closing Net Working Capital in M&A Deals. Modified May 12, 2026. Read November 12, 2026.
    12. SRS Acquiom, 2026 M&A Working Capital Purchase Price Adjustment Study. More than 1,570 deals closed 2020 to the third quarter of 2025. Read November 12, 2026.
    13. 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.
    14. William Blair Private Wealth Management, Rollover Equity and Wealth Planning Considerations. September 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

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