SeeBITDAOklahoma

Alliance Steel, Inc.

Prefabricated Metal Building and Component Manufacturing
Estimated valueMedium confidence
$141.5M
$74.4Mlikely range$193.6M
About 7.9× its yearly profit, typical for a company this size in its industry.
Revenue
$191.9M
a year
Profit (EBITDA)
$17.9M
9% of revenue
Employees
276
reported in 2020
Leadership
Larry Thomas
President · source
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $141.5M

Based on its 276 employees and its payroll, both reported for PPP in 2020 and brought up to date.

276 employees × $579K each$159.9M
PPP payroll ÷ payroll's usual share of revenue$177.2M
Shown toward the top of its range×1.14
Revenue$191.9M
× 9% profit margin$17.9M
× 7.9 sale multiple = value$141.5M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 26 years (since 2000)
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

Alliance Steel is a custom steel building manufacturer in Oklahoma City that produces engineered steel buildings, components, and roofing and wall panels.

Products & services
Engineered Steel BuildingsComponentsFrame TypesRoofing PanelsWall PanelsCold Formed MembersProducts & AccessoriesAlliance AcceleratedRigid Frame Clear SpanFlush Wall Clear SpanLean ToRigid Frame With Post
Markets served
AgricultureAutomotiveAviationCommercialCommunityEducationIndustrialOffice

From the company's website. Industry: Prefabricated Metal Building and Component Manufacturing.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Farms & ranches

Estimated value over time

▲ 36% since 2020
$0$81.3M$162.7M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
ALLIANCE STEEL, INC.
this business
$191.9M$17.9M—
D&D DESIGN & MFG. INC.
Oklahoma City · 6 employees
$3.6M$472K1.7 mi
FIFTEEN FIVE GUTTER SOLUTIONS LLC
Yukon · 1 employees
$488K$77K1.9 mi
H. K. & S. IRON CO.
Oklahoma City · 36 employees
$31.1M$3.3M2.1 mi
PRO STAINLESS & SHEET METAL LLC
Oklahoma City · 11 employees
$4.7M$608K3.3 mi
DUB ROSS CO INC
Oklahoma City · 16 employees
$6.5M$743K3.3 mi
PERFORMANCE MECHANICAL & SHEET METAL INC.
Oklahoma City · 14 employees
$5.9M$673K3.4 mi

The full calculation

Employees reported to the SBA276
Revenue from headcount (employees × revenue per employee for companies this size)$159.9M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$177.2M
Estimate: the two combined (geometric mean)$191.9M
EBITDA margin (industry, adjusted for size)9%
EBITDA = revenue × margin$17.9M

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$141.5M
Multiple for this size and industry7.9×
Value range$74.4M – $193.6M
Revenue range$126.3M – $218.8M
EBITDA range$11.8M – $20.4M
Industry (NAICS)Prefabricated Metal Building and Component Manufacturing (332311)

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

  • BankingBOKF, National AssociationPPP / 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

BOKF, National Association
PPP 2020
All 2,399 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/11/2020first$3.3M$3.4M276BOKF, National Association

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Alliance Steel, Inc.

Alliance Steel, Inc. is a prefabricated metal building and component manufacturing company in Oklahoma City, Oklahoma, in business since 2000. It is owned by Larry Thomas (President). Its estimated annual revenue is about $191.9M, with roughly $17.9M of EBITDA. It has about 276 employees. Its estimated business value is $141.5M (likely range $74.4M–$193.6M).

Common questions

Who owns Alliance Steel, Inc.?
Alliance Steel, Inc. is owned by Larry Thomas (President), according to public sources such as the company's website or filings.
How much revenue does Alliance Steel, Inc. make?
SeeBITDA estimates Alliance Steel, Inc.'s annual revenue at about $191.9M (likely between $126.3M and $218.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Alliance Steel, Inc. worth?
About $141.5M, roughly 7.9× its estimated EBITDA of $17.9M, typical for a prefabricated metal building and component manufacturing company its size. Likely range: $74.4M–$193.6M.
How many employees does Alliance Steel, Inc. have?
About 276, as reported on its PPP loan.
When was Alliance Steel, Inc. founded?
Alliance Steel, Inc. has been in business since 2000.