A G Equipment Company
How we got $349.4M
Based on its 470 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 28 years (since 1998)
- Founder still runs it after 28 years
From public records and the company's website, not a statement that it's for sale.
What they do
A G Equipment Company builds compressor packaging solutions and provides field service for compressors. It describes its work for gas gathering, transmission, production, process, storage, and instrument air applications.
From the company's website. Industry: Oil and Gas Field Machinery and Equipment Manufacturing.
Customers & suppliers
Customers
- National Aeronautics and Space Administration · federal contracts $216K
Estimated value over time
▼ 13% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 8% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 470 | $262.2M |
| 2020 | Form 5500 | 405 | $225.9M |
| 2021 | Form 5500 | 309 | $172.4M |
| 2022 | Form 5500 | 356 | $198.6M |
| 2023 | Form 5500 | 411 | $229.2M |
| 2024 | Form 5500 | 433 | $241.5M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| A G EQUIPMENT COMPANY this business | $430.4M | — |
| TARGET COMPLETIONS Broken Arrow · 36 employees | $27.7M | 0.4 mi |
| MIDWAY MACHINING COMPANY LLC Broken Arrow · 45 employees | $26.5M | 1.6 mi |
| PDLA, LLC Tulsa · 1 employees | $1.1M | 3.0 mi |
| PIPE DREAM INVESTMENTS LLC Tulsa · 3 employees | $3.2M | 3.0 mi |
| TRI STATE INDUSTRIES OF TULSA LLC Tulsa · 11 employees | $8.3M | 3.2 mi |
| VORTEX FLUID SYSTEMS INC Tulsa · 17 employees | $11.6M | 3.9 mi |
The full calculation
| Employees reported to the SBA | 470 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $351.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $405.6M |
| Estimate: the two combined (geometric mean) | $430.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $39.3M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $349.4M |
| Multiple for this size and industry | 8.9× |
| Value range | $183.8M – $478.0M |
| Revenue range | $283.1M – $490.7M |
| EBITDA range | $25.8M – $44.8M |
| Industry (NAICS) | Oil and Gas Field Machinery and Equipment Manufacturing (333132) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- AccountingCck Curzon, Cumbey & Kunkel, PLLCAudits its 401(k) plan (2024 filing)
- BankingArvest BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $8.2M | 470 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About A G Equipment Company
A G Equipment Company is an oil and gas field machinery and equipment manufacturing company in Broken Arrow, Oklahoma, in business since 1998. It is owned by Grady Ash (Founder). Its estimated annual revenue is about $430.4M, with roughly $39.3M of EBITDA. It has about 433 employees. Its estimated business value is $349.4M (likely range $183.8M–$478.0M).
Common questions
- Who owns A G Equipment Company?
- A G Equipment Company is owned by Grady Ash (Founder), according to public sources such as the company's website or filings.
- How much revenue does A G Equipment Company make?
- SeeBITDA estimates A G Equipment Company's annual revenue at about $430.4M (likely between $283.1M and $490.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is A G Equipment Company worth?
- About $349.4M, roughly 8.9× its estimated EBITDA of $39.3M, typical for a oil and gas field machinery and equipment manufacturing company its size. Likely range: $183.8M–$478.0M.
- How many employees does A G Equipment Company have?
- About 433, from its 2024 retirement-plan filing.
- When was A G Equipment Company founded?
- A G Equipment Company has been in business since 1998.
- Is A G Equipment Company for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 28 years (since 1998); founder still runs it after 28 years.