Davis Pipe & Supply, Inc.
How we got $8.7M
Based on its 41 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 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
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.
Employees over time
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 41 | $9.7M |
| 2020 | Form 5500 | 37 | $8.7M |
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 |
|---|---|---|
| DAVIS PIPE & SUPPLY, INC. this business | $19.8M | — |
| QUALITY IRRIGATION, INC. Edmond · 29 employees | $9.8M | 1.2 mi |
| 4M VENTURES INC Edmond · 11 employees | $5.0M | 1.9 mi |
| HAYNES PUMP AND PROCESS, LLC Edmond · 1 employees | $327K | 2.0 mi |
| IT IRRIGATION TECHNICIANS LLP Edmond · 2 employees | $563K | 2.3 mi |
| DEER CREEK WATER CORPORATION Edmond | $3.1M | 2.6 mi |
| GROOMS IRRIGATION COMPANY Oklahoma City · 48 employees | $18.5M | 3.5 mi |
The full calculation
| Employees reported to the SBA | 41 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $21.8M |
| Estimate: the two combined (geometric mean) | $19.8M |
| EBITDA margin (industry, adjusted for size) | 10% |
| 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 | $8.7M |
| Multiple for this size and industry | 4.5× |
| Value range | $4.6M – $11.9M |
| Revenue range | $13.0M – $22.6M |
| EBITDA range | $1.3M – $2.2M |
| Industry (NAICS) | Water Supply and Irrigation Systems (221310) |
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
- 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
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $594K | 41 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Davis Pipe & Supply, Inc.
Davis Pipe & Supply, Inc. is a water supply and irrigation systems company in Edmond, Oklahoma, in business since 1996. It is owned by Heritage Pool Supply (President). Its estimated annual revenue is about $19.8M, with roughly $1.9M of EBITDA. It has about 37 employees. Its estimated business value is $8.7M (likely range $4.6M–$11.9M).
Common questions
- Who owns Davis Pipe & Supply, Inc.?
- Davis Pipe & Supply, Inc. is owned by Heritage Pool Supply (President), according to public sources such as the company's website or filings.
- How much revenue does Davis Pipe & Supply, Inc. make?
- SeeBITDA estimates Davis Pipe & Supply, Inc.'s annual revenue at about $19.8M (likely between $13.0M and $22.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Davis Pipe & Supply, Inc. worth?
- About $8.7M, roughly 4.5× its estimated EBITDA of $1.9M, typical for a water supply and irrigation systems company its size. Likely range: $4.6M–$11.9M.
- How many employees does Davis Pipe & Supply, Inc. have?
- About 37, from its 2020 retirement-plan filing.
- When was Davis Pipe & Supply, Inc. founded?
- Davis Pipe & Supply, Inc. has been in business since 1996.