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Tag Archives: difference in EBITDA and SDE

What Are the Differences Between EBITDA and Seller’s Discretionary Earnings (SDE)?

Posted on August 24, 2020 by William Bruce

Updated July 18, 2025 The differences between EBITDA and Seller’s Discretionary Earnings (SDE) cause confusion.  Sometimes the two terms are incorrectly viewed as interchangeable, but there are important differences. First, some definitions.  Both are business performance benchmarks that are widely … Continue reading →

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Posted in Business Valuation & Appraisal, Valuing, Buying or Selling a Business | Tagged difference in EBITDA and SDE, EBITDA defined, SDE defined, seller's discretionary earnings defined, William Bruce Business Broker | 9 Comments
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