Diamond T Trailer Mfg. Co.
How we got $7.4M
Based on its 44 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 31 years (since 1995)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Diamond T Trailer Manufacturer makes American-made trailers in Rattan, Oklahoma, including equipment, flatdeck, dump, deckover, tilt deck, V-crimp/landscape, utility and car hauler models, and sells them through dealers.
From the company's website. Industry: Truck Trailer 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| DIAMOND T TRAILER MFG. CO. this business | $15.3M | — |
| KERR-BILT TRAILERS JL INC Boswell · 15 employees | $6.2M | 28.9 mi |
| ATOKA WELDING AND FABRICATION Atoka · 4 employees | $3.8M | 44.9 mi |
| C-ALL MANUFACTURING, INC. Atoka · 18 employees | $7.2M | 45.0 mi |
| ATOKA TRAILER & MFG LLC Atoka · 20 employees | $7.7M | 45.1 mi |
The full calculation
| Employees reported to the SBA | 44 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.7M |
| Estimate: the two combined (geometric mean) | $15.3M |
| EBITDA margin (industry, adjusted for size) | 10% |
| 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 | $7.4M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.9M – $10.1M |
| Revenue range | $10.1M – $17.5M |
| EBITDA range | $1.0M – $1.8M |
| Industry (NAICS) | Truck Trailer Manufacturing (336212) |
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
“In the fall of 1995, Charles and Philip Teague, a father and son team, founded Diamond T Trailer Manufacturing in a modest 5,000-square-foot shop.”
Leadership
- VWVernon WilsonVice President · Company website · source
- JGJuan GonzalezProduction Manager · Company website · source
- TMTerra MilnerPurchasing Director · Company website · source
- TRTammy RodenSales Team · Company website · source
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $253K | 33 |
| 1/28/2021 | second | $311K | 44 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Diamond T Trailer Mfg. Co.
Diamond T Trailer Mfg. Co. is a family-owned truck trailer manufacturing company in Rattan, Oklahoma, in business since 1995. It is owned by Philip Teague (President). Its estimated annual revenue is about $15.3M, with roughly $1.6M of EBITDA. It has about 44 employees. Its estimated business value is $7.4M (likely range $3.9M–$10.1M).
Common questions
- Who owns Diamond T Trailer Mfg. Co.?
- Diamond T Trailer Mfg. Co. is owned by Philip Teague (President), according to public sources such as the company's website or filings.
- How much revenue does Diamond T Trailer Mfg. Co. make?
- SeeBITDA estimates Diamond T Trailer Mfg. Co.'s annual revenue at about $15.3M (likely between $10.1M and $17.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Diamond T Trailer Mfg. Co. worth?
- About $7.4M, roughly 4.7× its estimated EBITDA of $1.6M, typical for a truck trailer manufacturing company its size. Likely range: $3.9M–$10.1M.
- How many employees does Diamond T Trailer Mfg. Co. have?
- About 44, as reported on its PPP loan.
- When was Diamond T Trailer Mfg. Co. founded?
- Diamond T Trailer Mfg. Co. has been in business since 1995.