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MD | NAICS 238160

Roofing Business Valuations in Maryland

Maryland's proximity to Washington DC drives strong commercial and government-related roofing demand. The Baltimore metro has significant residential replacement needs due to aging housing stock. High...

6,200
Total Employment
$45K
Avg Annual Wage
780
Establishments
moderate
PE Activity

Market Analysis

Maryland's proximity to Washington DC drives strong commercial and government-related roofing demand. The Baltimore metro has significant residential replacement needs due to aging housing stock. High-value projects and strict licensing create a premium market.

Market Rank
#20 nationally
Avg Project Value
Above national avg
Growth Rate
1.6% annually
PE Deals (2023-2025)
4+

PE Buyer Activity in Maryland

Maryland has seen steady private equity interest with 4+ completed transactions since 2023. The state's location quotient of 1.18 reflects above-average roofing industry concentration. PE firms view Maryland as a strategic market for regional platform expansion, particularly targeting companies with strong operational infrastructure and recurring revenue components. Multiples are competitive for well-positioned businesses that demonstrate growth potential and reduced owner dependency.

Location Quotient
1.18
Above national average
Typical Multiple Range
5.5-7.5x
EBITDA multiple for qualified businesses

Top Metro Areas

Baltimore
Bethesda
Silver Spring
Annapolis

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