Diamond R Industries Inc
How we got $864K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 4% 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
▲ 357% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 7 | $1.7M |
| 2023 | Form 5500 | 24 | $5.9M |
| 2024 | Form 5500 | 26 | $6.4M |
| 2025 | Form 5500 | 32 | $7.9M |
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 |
|---|---|---|
| DIAMOND R INDUSTRIES INC this business | $2.9M | — |
| WES'S WATER WELL SERVICE LLC Jennings · 4 employees | $1.9M | 10.1 mi |
| DOUGAN AND SONS WELDING LLC Stillwater · 1 employees | $512K | 11.8 mi |
| TANK FARM SERVICE LLC Cushing · 59 employees | $28.0M | 17.0 mi |
| Patriot Directional Drilling, Llc Stillwater | $5.8M | 17.8 mi |
| E-CHORDE COMMUNICATION, LLC Stillwater · 1 employees | $949K | 18.1 mi |
| E-CHORDE COMMUNICATIONS LLC Stillwater · 1 employees | $950K | 18.1 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $376K |
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 | $864K |
| Multiple for this size and industry | 2.3× |
| Value range | $455K – $1.2M |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $247K – $428K |
| Industry (NAICS) | Oil and Gas Pipeline and Related Structures Construction (237120) |
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
- BankingArmstrong 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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $78K | 7 |
About Diamond R Industries Inc
Diamond R Industries Inc is an oil and gas pipeline and related structures construction company in Maramec, Oklahoma. Its estimated annual revenue is about $2.9M, with roughly $376K of EBITDA. It has about 32 employees. Its estimated business value is $864K (likely range $455K–$1.2M).
Common questions
- Who owns Diamond R Industries Inc?
- The owner of Diamond R Industries 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 Diamond R Industries Inc make?
- SeeBITDA estimates Diamond R Industries Inc's annual revenue at about $2.9M (likely between $1.9M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Diamond R Industries Inc worth?
- About $864K, roughly 2.3× its estimated EBITDA of $376K, typical for a oil and gas pipeline and related structures construction company its size. Likely range: $455K–$1.2M.
- How many employees does Diamond R Industries Inc have?
- About 32, from its 2025 retirement-plan filing.