SeeBITDAOklahoma

Cotton Growers Co-Op

Cotton ginning
  • 1509 W BROADWAY ST, Altus, OK
  • Since 1998
Estimated valueMedium confidence
$8.5M
$4.5Mlikely range$11.7M
About 4.5× its yearly profit, typical for a company this size in its industry.
Revenue
$21.4M
a year
Profit (EBITDA)
$1.9M
9% of revenue
Employees
20
reported in 2020
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $8.5M

Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.

20 employees × $685K each$13.7M
PPP payroll ÷ payroll's usual share of revenue$25.6M
Shown toward the top of its range×1.14
Revenue$21.4M
× 9% profit margin$1.9M
× 4.5 sale multiple = value$8.5M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 28 years (since 1998)

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

What they do

The pages belong to Carolinas Cotton Growers Cooperative, Inc. in Garner, NC, not a business in Altus, OK as the business name given suggests. It is a producer-owned cotton marketing cooperative that markets members' cotton through pooling arrangements and offers warehousing, shipping and financial services.

Products & services
Seasonal PoolPremium Call PoolSpot Basis Call PoolSeasonal/Call CombinationOption Protection ProgramProduction ContractsWarehousingFinancial Services
Markets served
mills
Certifications
DCIA registration

From the company's website. Industry: Cotton ginning.

Estimated value over time

▲ 42% since 2020
$0$4.9M$9.8M20202026

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
COTTON GROWERS CO-OP
this business
$21.4M$1.9M—
BATES BROS INC.
Altus · 11 employees
$3.5M$376K0.1 mi
BATES BROS & SON
Altus · 16 employees
$4.8M$519K0.1 mi
BATES BROS & SONS
Altus · 16 employees
$4.8M$519K0.1 mi
Rockin' J Feed & Supply
Altus
$5.3M$574K0.2 mi
BROOKS & ROBBINS JT VT
Altus · 1 employees
$298K$46K0.3 mi
D & J FARMS, LLC
Altus · 2 employees
$401K$62K0.3 mi

The full calculation

Employees reported to the SBA20
Revenue from headcount (employees × revenue per employee for companies this size)$13.7M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$25.6M
Estimate: the two combined (geometric mean)$21.4M
EBITDA margin (industry, adjusted for size)9%
EBITDA = revenue × margin$1.9M

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$8.5M
Multiple for this size and industry4.5×
Value range$4.5M – $11.7M
Revenue range$14.0M – $24.3M
EBITDA range$1.2M – $2.2M
Industry (NAICS)Cotton ginning (115111)

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. 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

  • BankingFrazer 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

Frazer Bank
PPP 2020
All 177 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$353K$355K20Frazer Bank

Public records

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

About Cotton Growers Co-Op

Cotton Growers Co-Op is a cotton ginning company in Altus, Oklahoma, in business since 1998. Its estimated annual revenue is about $21.4M, with roughly $1.9M of EBITDA. It has about 20 employees. Its estimated business value is $8.5M (likely range $4.5M–$11.7M).

Common questions

Who owns Cotton Growers Co-Op?
The owner of Cotton Growers Co-Op 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 Cotton Growers Co-Op make?
SeeBITDA estimates Cotton Growers Co-Op's annual revenue at about $21.4M (likely between $14.0M and $24.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Cotton Growers Co-Op worth?
About $8.5M, roughly 4.5× its estimated EBITDA of $1.9M, typical for a cotton ginning company its size. Likely range: $4.5M–$11.7M.
How many employees does Cotton Growers Co-Op have?
About 20, as reported on its PPP loan.
When was Cotton Growers Co-Op founded?
Cotton Growers Co-Op has been in business since 1998.