Den-Con Tool Co.
How we got $4.8M
Based on its 22 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 51 years (since 1975)
From public records and the company's website, not a statement that it's for sale.
What they do
Den-Con Tool Company offers pipe handling tools designed for offshore, land, and workover rigs, and says its products are used worldwide.
From the company's website. Industry: Machine Tool 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
▼ 59% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 22 | $4.9M |
| 2025 | Form 5500 | 9 | $2.0M |
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 |
|---|---|---|
| DEN-CON TOOL CO. this business | $8.0M | — |
| ASPEN MACHINE REALTY LLC Oklahoma City · 4 employees | $1.6M | 0.0 mi |
| RUBBER MOLD COMPANY LLC Oklahoma City · 3 employees | $1.6M | 1.9 mi |
| KAMS INC. Oklahoma City · 24 employees | $8.3M | 5.3 mi |
| OMEGA LASER DESIGN, INC. Oklahoma City · 3 employees | $1.2M | 7.4 mi |
| OMG TOOLING, INC. Oklahoma City · 12 employees | $3.5M | 9.7 mi |
| PRECISE TOOL & MACHINE Oklahoma City · 2 employees | $652K | 10.2 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.8M |
| Estimate: the two combined (geometric mean) | $8.0M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $1.0M |
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 | $4.8M |
| Multiple for this size and industry | 4.7× |
| Value range | $2.5M – $6.5M |
| Revenue range | $5.2M – $9.1M |
| EBITDA range | $666K – $1.2M |
| Industry (NAICS) | Machine Tool Manufacturing (333517) |
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
“Established in 1975, Den-Con Tool Company offers a comprehensive range of pipe handling tools designed for offshore, land, and workover rigs.”
Advisors
- BankingCrossFirst 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
| CrossFirst Bank PPP 2020, PPP 2021 | All 299 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 | $330K | 22 |
| 1/23/2021 | second | $304K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Den-Con Tool Co.
Den-Con Tool Co. is a family-owned machine tool manufacturing company in Oklahoma City, Oklahoma, in business since 1975. Its estimated annual revenue is about $8.0M, with roughly $1.0M of EBITDA. It has about 9 employees. Its estimated business value is $4.8M (likely range $2.5M–$6.5M).
Common questions
- Who owns Den-Con Tool Co.?
- The owner of Den-Con Tool Co. 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 Den-Con Tool Co. make?
- SeeBITDA estimates Den-Con Tool Co.'s annual revenue at about $8.0M (likely between $5.2M and $9.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Den-Con Tool Co. worth?
- About $4.8M, roughly 4.7× its estimated EBITDA of $1.0M, typical for a machine tool manufacturing company its size. Likely range: $2.5M–$6.5M.
- How many employees does Den-Con Tool Co. have?
- About 9, from its 2025 retirement-plan filing.
- When was Den-Con Tool Co. founded?
- Den-Con Tool Co. has been in business since 1975.