Boyd Metals of Oklahoma City, Inc.
How we got $19.6M
Based on its 34 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
Boyd Metals is a metal service center with locations in Arkansas, Missouri, and Oklahoma that carries a full line of metal products and offers first-step metal processing services such as cutting, forming, and delivery.
From the company's website. Industry: Metal Service Centers and Other Metal Merchant Wholesalers.
Estimated value over time
▲ 24% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BOYD METALS OF OKLAHOMA CITY, INC. this business | $55.1M | — |
| SNT RECYCLING BROKERS LLC Oklahoma City · 4 employees | $8.9M | 0.1 mi |
| ALLOY AND STAINLESS PIPING INCORPORATED Oklahoma City · 4 employees | $11.6M | 2.6 mi |
| RAY ALBRIGHT STEEL PRODUCTS INC Oklahoma City · 17 employees | $32.4M | 3.8 mi |
| HORIZON CABLE SERVICE INC Oklahoma City · 82 employees | $156.8M | 4.7 mi |
| ALBRIGHT STEEL & WIRE Oklahoma City · 23 employees | $42.4M | 5.3 mi |
| CUSTOM SALES INC. Oklahoma City · 3 employees | $7.3M | 6.7 mi |
The full calculation
| Employees reported to the SBA | 34 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $55.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $42.4M |
| Estimate: the two combined (geometric mean) | $55.1M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $3.8M |
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 | $19.6M |
| Multiple for this size and industry | 5.2× |
| Value range | $10.3M – $26.8M |
| Revenue range | $36.2M – $62.8M |
| EBITDA range | $2.5M – $4.3M |
| Industry (NAICS) | Metal Service Centers and Other Metal Merchant Wholesalers (423510) |
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
- BankingThe First National Bank of Fort SmithPPP / 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
| The First National Bank of Fort Smith PPP 2020, PPP 2021 | All 252 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $390K | 34 |
| 2/10/2021 | second | $342K | 30 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Boyd Metals of Oklahoma City, Inc.
Boyd Metals of Oklahoma City, Inc. is a metal service centers and other metal merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1999. It is owned by Brian Newman (President). Its estimated annual revenue is about $55.1M, with roughly $3.8M of EBITDA. It has about 34 employees. Its estimated business value is $19.6M (likely range $10.3M–$26.8M).
Common questions
- Who owns Boyd Metals of Oklahoma City, Inc.?
- Boyd Metals of Oklahoma City, Inc. is owned by Brian Newman (President), according to public sources such as the company's website or filings.
- How much revenue does Boyd Metals of Oklahoma City, Inc. make?
- SeeBITDA estimates Boyd Metals of Oklahoma City, Inc.'s annual revenue at about $55.1M (likely between $36.2M and $62.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Boyd Metals of Oklahoma City, Inc. worth?
- About $19.6M, roughly 5.2× its estimated EBITDA of $3.8M, typical for a metal service centers and other metal merchant wholesalers company its size. Likely range: $10.3M–$26.8M.
- How many employees does Boyd Metals of Oklahoma City, Inc. have?
- About 34, as reported on its PPP loan.
- When was Boyd Metals of Oklahoma City, Inc. founded?
- Boyd Metals of Oklahoma City, Inc. has been in business since 1999.