Veterinary Practice Valuation
Veterinary Practice Business Valuation Calculator & Exit Planning Built for Veterinarians
We built one platform that tracks your veterinary practice business's value monthly, identifies exit gaps early, and ensures your personal finances align with your exit timeline.
1,000+ Businesses have joined YourExitValue.com
Most Veterinary Practice Owners Have No Idea What Their Business is Actually Worth
Current Veterinary Practice Valuation Multiples (2026)
Veterinary Practice values are strong due to increased buyer demand from Mars Veterinary, NVA, VCA and consolidators. Here's what companies sell for:
Every business is different. That's why you need to track your value.
Included in Your Exit Value is a complete Exit Planning Assessment where you track your progress quarterly against your results from the previous quarter.
Know your number and watch it grow
Most business owners guess at their value. You'll know it with precision.
Our platform uses six proven valuation methodologies to give you a complete picture of what your business is worth today—and tracks how that number changes month over month. No more waiting for annual appraisals or paying $15K+ for outdated reports.
See your trends. Spot opportunities. Make informed decisions
What Actually Drives Veterinary Practice Business Value
Revenue and earnings are the two most influential factors in your veterinary practice business's valuation. But not all companies are valued equally. Here are the factors that move your number up—or down:
Active Clients
3,000+ Clients
Practices with 2,500+ active patients have sustainable volume. Active patient count is the core asset—it determines capacity utilization and revenue potential buyers are purchasing.
Small base limits interest
DVM Count
2+ Veterinarians
Average transaction over $250 shows proper diagnostics and care recommendations. ATC reflects case acceptance and care quality—practices with low ATC may be underserving patients or facing price sensitivity.
Solo DVM = transition risk
Revenue Per DVM
$700K+ Per DVM
Associate DVMs handling 40%+ of production are critical for transition. Corporate buyers specifically look for associate presence—solo practices face significant transition risk and often sell at lower multiples.
Low production = problems
Service Mix
Surgery & Dental
Wellness plans and preventive packages create monthly recurring revenue. Membership programs are increasingly important—they smooth revenue, improve compliance, and create stickier patient relationships.
Wellness-only = limited profit
Facility Quality
Modern Facility
Surgery, dental, and specialty services capture more revenue per patient. Practices referring out specialty work lose revenue—in-house capabilities mean higher production per patient visit.
Outdated = capital needs
Support Staff Ratio
3:1 Staff Ratio
Modern PIMS with integrated labs and reminders shows operational sophistication. Cloud-based practice management systems demonstrate professional operations and make integration easier for corporate acquirers.
Understaffed = inefficient DVMs
How to Value a Veterinary Practice
The U.S. veterinary services industry includes over 32,000 practices generating approximately $58 billion in annual revenue. Veterinary practices have become one of the hottest acquisition targets in healthcare. Understanding how to value a veterinary practice is essential whether you're planning retirement, considering a corporate offer, or buying in as an associate.
Seller's Discretionary Earnings (SDE) is the standard valuation method for single-location vet practices. SDE normalizes your income by adding back owner compensation, benefits, and discretionary expenses. Veterinary practices typically sell for 2.0x to 4.0x SDE for independently negotiated sales, though corporate consolidators frequently pay significantly higher multiples for practices that meet their criteria.
Revenue multiples for veterinary practices generally range from 0.60x to 1.0x annual revenue. Practices with higher revenue — particularly those exceeding $1.5M — attract premium revenue multiples because they offer the scale that corporate buyers seek.
The unique dynamic in veterinary valuations is the corporate consolidator effect. Companies like Mars Veterinary Health (Banfield, VCA, BluePearl), NVA, and Pathway Vet Alliance have been aggressively acquiring practices, often paying 7x-12x EBITDA — multiples that far exceed what individual buyers can afford. This has created a two-tier market: practices that meet corporate criteria (typically $1M+ revenue, growth trajectory, multiple DVMs) receive premium corporate offers, while smaller practices sell at traditional multiples to individual veterinarian buyers.
The veterinary industry has experienced sustained growth driven by pet humanization trends, increased spending on pet healthcare, and the pandemic-era surge in pet ownership. Even as corporate acquisition pace moderates, valuations remain well above historical norms. Use our free calculator above to get your instant estimate, then track your value monthly with YourExitValue.
Frequently Asked Questions
What multiple do veterinary practice businesses sell for?
Most veterinary practice businesses sell for 2.5x – 3.5x SDE or 0.7x – 1.0x annual revenue. However, the range is wide. Companies with strong active clients can command significantly higher multiples. YourExitValue tracks exactly where you fall on each value driver.
How does active clients affect my company's value?
Active Clients is one of the biggest value drivers for veterinary practice businesses. Mars veterinary, nva, vca and consolidators specifically look for companies with strong performance here. Improving this metric can significantly increase your multiple.
How long before selling should I start tracking my veterinary practice business value?
Ideally 1 to 5 years before your target exit. This gives you time to improve your active clients, reduce owner dependence, strengthen your team, and document growth trends buyers pay premium prices for.
Who buys veterinary practice businesses?
Common buyers include Mars Veterinary, NVA, VCA and consolidators, as well as individual buyers looking to own a business and strategic acquirers. Each buyer type values different aspects. YourExitValue helps you understand what each looks for.
What valuation method is used for veterinary practice businesses?
Most veterinary practice businesses are valued using SDE (Seller's Discretionary Earnings) multiples for smaller companies under $1M in earnings, and EBITDA multiples for larger companies. Revenue multiples (0.7x – 1.0x) are sometimes used as quick reference.
What's the fastest way to increase my veterinary practice business value?
The fastest improvements typically come from: 1) Improving your active clients to hit the target, 2) Reducing owner dependence, 3) Documenting your systems and processes, and 4) Cleaning up financials. Most owners add 20-40% in 12-24 months.
