CFO Salary Report - HVAC Services
March 25, 2025
At A Glance
CFO's are vital to any organization. Understanding their compensation needs is essential for hiring top talent
PRIVATE EQUITY BACKED - HVAC SERVICES – CHIEF FINANCIAL OFFICER, CFO SALARY & COMPENSATION REPORT
We analysed compensation data from 46 CFOs operating within Private Equity-backed HVAC services companies across the U.S., providing you with a clear benchmark for assessing your current CFO package or evaluating a new hire.
We’ve broken it down into three revenue bands:
<$50M REVENUE:
· Highest Salary: $350,000
· Average Salary: $220,000
· Lowest Salary: $160,000
37% of total companies analysed, out of that:
· Equity: 76% have an equity position
· Bonuses: 70% receive a bonus
$50M-$150M REVENUE:
· Highest Salary: $325,000
· Average Salary: $250,900
· Lowest Salary: $100,000
34% of total companies analysed, out of that:
· Equity: 50% have an equity position
· Bonuses: 90% receive a bonus
$150M< REVENUE:
· Highest Salary: $450,000
· Average Salary: $313,000
· Lowest Salary: $215,000
29% of total companies analysed, out of that:
· Equity: 78% have an equity position
· Bonuses: 100% receive a bonus
KEY TAKE AWAYS:
· Bigger companies usually mean bigger packages all in all included.
· Equity stakes are not guaranteed, especially in mid-market firms.
· Bonus remains conservative regardless of the scale of the company.
CFO’s in HVAC are well-compensated, but if you are hiring or job-seeking you should be aware of what the current market is and have a reasonable benchmark.
GET IN TOUCH
Want to compare your package or looking for a strategic hire?
Contact Mohammed.Vali@Raw-Selection.com
Vice President of Commercial & Residential Services
All the insights in this salary report are provided from our proprietary data.
Raw Selection | De-Risking Executive Search for Private Equity firms across Europe and North America.
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