Equus Metals Inc
- Jeff BeamesSales Manager/Senior Estimator · Company website
- Thomas MickelsonProject Manager/Senior Estimator · Company website
- Dan StolhandOperations Manager · Company website
- Shellie BryantDetailer · Company website
How we got $5.9M
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 Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Equus Metals is an award-winning metal fabrication firm that designs, fabricates and installs custom stair and railing systems for architects, contractors and owners, mostly for schools, health care buildings, public use spaces and high-end residential projects.
From the company's website. Industry: Ornamental and Architectural Metal Work Manufacturing.
Customers & suppliers
Customers
- UAMS COLLEGE OF PUBLIC HEALTH · named on its website
- FAYETTEVILLE PUBLIC LIBRARY EXPANSION · named on its website
- CHOCTAW CASINO · named on its website
- HOBBY LOBBY HEADQUARTERS · named on its website
- DEVON ENERGY TOWER · named on its website
- CHAFFIN JUNIOR HIGH SCHOOL · named on its website
- UAFS HEALTH SCIENCES · named on its website
- ARKANSAS PUBLIC HEALTH LABORATORY · named on its website
- MARRIOTT HOTEL · named on its website
- WALLACE H. COULTER SCIENCE CENTER · named on its website
- OK POP · named on its website
- One Uptown · named on its website
- Oklahoma Ag Credit · named on its website
- Integris Community Hospital at Council Crossing · named on its website
- University of Central Oklahoma School of Liberal Arts · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- PERSIMMON RIDGE LLC · Tulsa, 13 mi · $116.9M
- OKLAHOMA BAPTIST UNIVERSITY · Shawnee, 82 mi · $76.0M
- COMMUNITY ACTION PROJECT OF TULSA COUNTY, INC. · Tulsa, 6 mi · $68.9M
- OKLAHOMA WESLEYAN UNIVERSITY, INC · Bartlesville, 39 mi · $32.2M
- HOLLAND HALL · Tulsa, 9 mi · $30.2M
Estimated value over time
▲ 26% 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 |
|---|---|---|
| EQUUS METALS INC this business | $10.9M | — |
| AMERIFLEX HOSE AND ACCESSORIES, LLC Tulsa · 9 employees | $3.5M | 0.5 mi |
| C & S TECHNICAL SERVICES, L.L.C Tulsa · 13 employees | $5.2M | 1.8 mi |
| ELLIOTT PRECISION PRODUCTS INCORPORATED Tulsa · 18 employees | $7.1M | 2.6 mi |
| ENTERPRISE MANUFACTURING, LLC Tulsa · 7 employees | $2.6M | 2.8 mi |
| SOONER MANUFACTURING CO INC Tulsa · 40 employees | $20.9M | 3.1 mi |
| HORTON INDUSTRIES, INC. Tulsa · 19 employees | $8.3M | 3.9 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.8M |
| Estimate: the two combined (geometric mean) | $10.9M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.2M |
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 | $5.9M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.1M – $8.0M |
| Revenue range | $7.2M – $12.4M |
| EBITDA range | $821K – $1.4M |
| Industry (NAICS) | Ornamental and Architectural Metal Work Manufacturing (332323) |
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
History & advisors
“Since June 1997, Equus Metals’ primary business focus has been concentrated on the niche market of monumental stair systems and custom ornamental guardrail systems.”
Advisors
- BankingThe Central Trust 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
| The Central Trust Bank PPP 2020 | All 323 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 | $295K | 22 |
2 locations
| 303 123RD EAST PL | Tulsa | This listing |
| 2405 Warehouse Rd | Claremore | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Equus Metals Inc
Equus Metals Inc is an ornamental and architectural metal work manufacturing company in Tulsa, Oklahoma, in business since 2002. It is owned by Tim Morris (President). Its estimated annual revenue is about $10.9M, with roughly $1.2M of EBITDA. It has about 22 employees. Its estimated business value is $5.9M (likely range $3.1M–$8.0M). It has 2 locations.
Common questions
- Who owns Equus Metals Inc?
- Equus Metals Inc is owned by Tim Morris (President), according to public sources such as the company's website or filings.
- How much revenue does Equus Metals Inc make?
- SeeBITDA estimates Equus Metals Inc's annual revenue at about $10.9M (likely between $7.2M and $12.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Equus Metals Inc worth?
- About $5.9M, roughly 4.7× its estimated EBITDA of $1.2M, typical for a ornamental and architectural metal work manufacturing company its size. Likely range: $3.1M–$8.0M.
- How many employees does Equus Metals Inc have?
- About 22, as reported on its PPP loan.
- When was Equus Metals Inc founded?
- Equus Metals Inc has been in business since 2002.