900+
7,590
$68,420
0.94
Source: U.S. Bureau of Labor Statistics, May 2023 OEWS
Eighth largest HVAC metro with 7,590 technicians
Government facilities provide stable, long-term contracts
High wages ($68,420) reflect skilled workforce requirements
Data center growth in Northern Virginia drives commercial demand
Historic buildings require specialized preservation expertise
DC's government presence provides recession-resistant demand. The data center corridor in Northern Virginia is one of the fastest-growing commercial HVAC markets in the nation. Security clearance requirements create barriers to entry.
DC-area HVAC companies command premium valuations due to government contract stability and data center growth. Companies with GSA schedules and security clearances are particularly valuable. Expect 5-7x EBITDA for qualified operations.
Employment & Wage Data: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2024
Metropolitan Area Statistics: BLS Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
EBITDA Multiples: Industry estimates based on publicly reported M&A transactions and market analysis. Actual valuations vary based on company-specific factors.