Milgram: Middle-market EBITDA margins sit at mid-single digits versus mid-teens publicly
Andrew Milgram · The Data on America's Economic Split | Andrew Milgram Interview · Invest Like The Best · Aug 5, 2025 · at 6:57
Andrew Milgram of Marblegate compares public market financial health against middle-market companies.
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“So if the public market, on average, has a mid-teen starting EBITDA margin, In the middle market, we're talking about mid-single digits, so there's just less room for maneuvering, less room for error.”
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