Cpi Pipe & Steel, Inc.
How we got $7.3M
Based on its 32 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 45 years (since 1981)
From public records and the company's website, not a statement that it's for sale.
What they do
CPI Pipe & Steel sells new surplus and reclaimed steel pipe and provides abandoned pipeline removal services. It states it has operated across the United States since 1981.
From the company's website. Industry: Fabricated Pipe and Pipe Fitting Manufacturing.
Estimated value over time
▲ 31% 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 |
|---|---|---|
| CPI PIPE & STEEL, INC. this business | $13.5M | — |
| MERCER VALVE CO., INC. Oklahoma City · 319 employees | $232.0M | 8.9 mi |
| TAYLOR VALVE TECHNOLOGY INC. Oklahoma City · 69 employees | $33.7M | 10.6 mi |
| 3D AEROSTRUCTURES INC. Yukon · 6 employees | $1.9M | 10.7 mi |
| LAWCO HARD METALS LLC Oklahoma City · 12 employees | $4.5M | 11.1 mi |
| DEVON INDUSTRIES, INC Oklahoma City · 27 employees | $12.9M | 11.2 mi |
| FREEDOM WELDING INC Piedmont · 1 employees | $304K | 11.2 mi |
The full calculation
| Employees reported to the SBA | 32 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.4M |
| Estimate: the two combined (geometric mean) | $13.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.6M |
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 | $7.3M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.8M – $10.0M |
| Revenue range | $8.9M – $15.4M |
| EBITDA range | $1.0M – $1.8M |
| Industry (NAICS) | Fabricated Pipe and Pipe Fitting Manufacturing (332996) |
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
- BankingF & M 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
| F & M Bank PPP 2020 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $416K | 32 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cpi Pipe & Steel, Inc.
Cpi Pipe & Steel, Inc. is a fabricated pipe and pipe fitting manufacturing company in Yukon, Oklahoma, in business since 1981. Its estimated annual revenue is about $13.5M, with roughly $1.6M of EBITDA. It has about 32 employees. Its estimated business value is $7.3M (likely range $3.8M–$10.0M).
Common questions
- Who owns Cpi Pipe & Steel, Inc.?
- The owner of Cpi Pipe & Steel, 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 Cpi Pipe & Steel, Inc. make?
- SeeBITDA estimates Cpi Pipe & Steel, Inc.'s annual revenue at about $13.5M (likely between $8.9M and $15.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cpi Pipe & Steel, Inc. worth?
- About $7.3M, roughly 4.7× its estimated EBITDA of $1.6M, typical for a fabricated pipe and pipe fitting manufacturing company its size. Likely range: $3.8M–$10.0M.
- How many employees does Cpi Pipe & Steel, Inc. have?
- About 32, as reported on its PPP loan.
- When was Cpi Pipe & Steel, Inc. founded?
- Cpi Pipe & Steel, Inc. has been in business since 1981.