CFO Salary Report - HVAC Services

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

CFO Salary HVAC Services

 

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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