Transportation · NAICS 484121

Trucking / Freight Valuation Multiples (2026)

Trucking valuations swing on contract mix, fleet age, and driver retention. Carriers with long-term shipper contracts and a modern fleet reach 0.7× revenue and 5.8× EBITDA.

SDE multiple
2.4–3.8×
EBITDA multiple
4.5×
3.5–5.8×
Revenue multiple
0.5×
0.4–0.7×

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Pick your industry and enter revenue + EBITDA / SDE. We'll triangulate three valuation methods and show what buyers typically pay for businesses like yours.

Industry: Trucking / Freight · Transportation

Premium drivers

  • Long-term shipper contracts
  • Modern fleet (avg < 5 yrs)
  • Strong driver retention
  • Owned terminals / yards

Discount drivers

  • Spot-market reliance
  • Aging fleet / deferred maintenance
  • Driver shortage / high turnover
  • Compliance / safety violations (CSA)

Who buys trucking / freight?

Larger carrier, PE-backed logistics platform, or 3PL expanding capacity

Typical timeline + revenue band

  • Days to close: 90180
  • Revenue band these multiples apply to: $2.00M$10.00M
  • NAICS: 484121 (Transportation)

5 levers that lift your Trucking / Freight multiple by 30-50%

  1. 1
    Lock in recurring revenue
    Convert the top of your trucking / freight revenue stack into multi-year contracts, retainers, or auto-renewing subscriptions. Buyers pay 25-40% more for revenue they don't have to re-win every quarter.
  2. 2
    De-risk customer concentration
    Aim for no single customer above 15% of revenue. If you have a > 25% client, get them on a multi-year master services agreement before going to market.
  3. 3
    Document the business out of the owner
    Larger carrier, PE-backed logistics platform, or 3PL expanding capacity will discount aggressively for any function that lives in the owner's head — sales, key vendor relationships, pricing, hiring. Run the next 90 days like the owner is on a 6-week vacation.
  4. 4
    Clean up the financials
    Get a Quality of Earnings-ready trailing 12 months: GAAP-aligned, owner add-backs documented, no commingled personal expenses. This alone moves the multiple 0.5-1.0× upward in this category.
  5. 5
    Match the deal to the right buyer pool
    PE-backed roll-ups, strategic acquirers, and ETA buyers compete on different terms. List with someone who has run a process for trucking / freight acquisitions — generic SMB brokers will leave 20%+ on the table.
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FAQ — Trucking / Freight valuations

What's a typical trucking / freight valuation multiple?

Typical trucking / freight valuations land near 3× SDE, 4.5× EBITDA, or 0.5× revenue. Strong operators reach 3.8× SDE / 5.8× EBITDA / 0.7× revenue, while weaker operators stay closer to 2.4× SDE / 3.5× EBITDA / 0.4× revenue.

How long does it take to sell a trucking / freight?

Most trucking / freight deals close in 90–180 days from listing. Strong operators with clean financials and a documented buyer pool close on the lower end.

Who buys a trucking / freight business?

Larger carrier, PE-backed logistics platform, or 3PL expanding capacity

What pushes a trucking / freight valuation to the high end?

Long-term shipper contracts. Modern fleet (avg < 5 yrs). Strong driver retention. Owned terminals / yards.

What forces a discount when selling a trucking / freight?

Spot-market reliance. Aging fleet / deferred maintenance. Driver shortage / high turnover. Compliance / safety violations (CSA).