SeeBITDAOklahoma

Edinger Engineering, Inc.

  • 105 N. Hudson, Suite 600, Oklahoma City, OK
  • Since 2016
Estimated valueMedium confidence
$3.7M
$1.9Mlikely range$5.0M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$3.4M
a year
Profit (EBITDA)
$1.0M
30% of revenue
Employees
6
reported in 2020
Steve Ramsey
Owner/President · source

How we got $3.7M

Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.

6 employees × $382K each$2.3M
PPP payroll ÷ payroll's usual share of revenue$3.8M
Shown toward the top of its range×1.14
Revenue$3.4M
× 30% profit margin$1.0M
× 3.6 sale multiple = value$3.7M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Estimated value over time

▲ 9% since 2020
$0$2.1M$4.2M20202026

Today'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

BusinessEst. revenueEst. profitDistance
EDINGER ENGINEERING, INC.
this business
$3.4M$1.0M—
Enable Midstream Partners
Oklahoma City
$1.5M$499K0.1 mi
Rki Exploration & Production
Oklahoma City
$1.5M$499K0.1 mi
MARK E. DUVALL, PLLC
Oklahoma City · 2 employees
$1.0M$352K0.2 mi
STREAM ENERGY INC
Oklahoma City · 3 employees
$1.5M$517K0.2 mi
Nivo Solar
Oklahoma City
$1.5M$499K0.2 mi
BOFS MANAGEMENT LLC
Oklahoma City · 494 employees
$301.1M$59.9M0.2 mi

The full calculation

Employees reported to the SBA6
Revenue from headcount (employees × revenue per employee for companies this size)$2.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$3.8M
Estimate: the two combined (geometric mean)$3.4M
EBITDA margin (industry, adjusted for size)30%
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$3.7M
Multiple for this size and industry3.6×
Value range$1.9M – $5.0M
Revenue range$2.2M – $3.8M
EBITDA range$674K – $1.2M
Industry (NAICS)Support Activities for Oil and Gas Operations (213112)

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

Leadership

  • MM
    Mark Mckinney
    CONSULTING ENGINEER · Company website · source
  • MB
    Melodie Beard
    Accountant, OFFICE MANAGER · Company website · source
  • SR
    SANDY RILEY
    OFFICE ASSISTANT · Company website · source
  • GP
    GREG PENNINGTON
    OPERATIONS MANAGER · Company website · source

Advisors

  • BankingInternational Bank of CommercePPP / 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

International Bank of Commerce
PPP 2020, PPP 2021
All 442 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$103K$101K6International Bank of Commerce
1/30/2021second$93K$93K5International Bank of Commerce

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Edinger Engineering, Inc.

Edinger Engineering, Inc. is an oil & gas company in Oklahoma City, Oklahoma, in business since 2016. It is owned by Steve Ramsey (Owner/President). Its estimated annual revenue is about $3.4M, with roughly $1.0M of EBITDA. It has about 6 employees. Its estimated business value is $3.7M (likely range $1.9M–$5.0M).

Common questions

Who owns Edinger Engineering, Inc.?
Edinger Engineering, Inc. is owned by Steve Ramsey (Owner/President), according to public sources such as the company's website or filings.
How much revenue does Edinger Engineering, Inc. make?
SeeBITDA estimates Edinger Engineering, Inc.'s annual revenue at about $3.4M (likely between $2.2M and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Edinger Engineering, Inc. worth?
About $3.7M, roughly 3.6× its estimated EBITDA of $1.0M, typical for a oil & gas company its size. Likely range: $1.9M–$5.0M.
How many employees does Edinger Engineering, Inc. have?
About 6, as reported on its PPP loan.
When was Edinger Engineering, Inc. founded?
Edinger Engineering, Inc. has been in business since 2016.