Atlas Rock Bit Services Inc.
How we got $6.2M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
What they do
Atlas Rock Bit Services Inc. operates a website with pages for Bits, HDD, Services and Data, and its site states it is under construction. The pages reviewed mainly contain privacy policy text and contact details, so the business's offerings are not clearly described.
From the company's website. Industry: Oil and Gas Field Machinery and Equipment Manufacturing.
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
▲ 33% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 12 | $6.7M |
| 2020 | Form 5500 | 13 | $7.3M |
| 2021 | Form 5500 | 10 | $5.6M |
| 2022 | Form 5500 | 11 | $6.1M |
| 2023 | Form 5500 | 10 | $5.6M |
| 2024 | Form 5500 | 16 | $8.9M |
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 |
|---|---|---|
| ATLAS ROCK BIT SERVICES INC. this business | $10.4M | — |
| PSC ENGINEERING LLC Oklahoma City · 2 employees | $1.5M | 3.5 mi |
| TRI-CITY TRACTORS, LLC Newcastle · 7 employees | $3.8M | 4.2 mi |
| CALLAWAY EQUIPMENT & MANUFACTURING, INC Oklahoma City · 8 employees | $5.9M | 5.4 mi |
| J A OIL FIELD MANUFACTURING IN Oklahoma City · 73 employees | $68.9M | 6.1 mi |
| KAT MACHINE, INC. Oklahoma City · 9 employees | $6.5M | 6.1 mi |
| KAT INDUSTRIES, INC. Oklahoma City · 63 employees | $51.4M | 6.2 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.5M |
| Estimate: the two combined (geometric mean) | $10.4M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $1.3M |
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 | $6.2M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.3M – $8.5M |
| Revenue range | $6.8M – $11.8M |
| EBITDA range | $866K – $1.5M |
| 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
People & advisors
Advisors
- BankingGreat Plains National 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
| Great Plains National Bank PPP 2020 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $233K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Atlas Rock Bit Services Inc.
Atlas Rock Bit Services Inc. is an oil and gas field machinery and equipment manufacturing company in Oklahoma City, Oklahoma, in business since 1999. Its estimated annual revenue is about $10.4M, with roughly $1.3M of EBITDA. It has about 16 employees. Its estimated business value is $6.2M (likely range $3.3M–$8.5M).
Common questions
- Who owns Atlas Rock Bit Services Inc.?
- The owner of Atlas Rock Bit Services Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Atlas Rock Bit Services Inc. make?
- SeeBITDA estimates Atlas Rock Bit Services Inc.'s annual revenue at about $10.4M (likely between $6.8M and $11.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Atlas Rock Bit Services Inc. worth?
- About $6.2M, roughly 4.7× its estimated EBITDA of $1.3M, typical for a oil and gas field machinery and equipment manufacturing company its size. Likely range: $3.3M–$8.5M.
- How many employees does Atlas Rock Bit Services Inc. have?
- About 16, from its 2024 retirement-plan filing.
- When was Atlas Rock Bit Services Inc. founded?
- Atlas Rock Bit Services Inc. has been in business since 1999.