Global Industrial, Inc.
How we got $31.1M
Based on 153 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
What they do
Global Industrial, Inc. is a Tulsa, Oklahoma-headquartered contractor in the construction, maintenance and turnaround industry, specializing in alloy welding of boiler tubes, piping and heater tube replacement for the petrochemical, powerhouse and refining industries.
From the company's website. Industry: Oil and Gas Pipeline and Related Structures Construction.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GLOBAL INDUSTRIAL, INC. this business | $64.8M | — |
| L & Y CONSULTANTS LLC Catoosa · 40 employees | $18.1M | 1.7 mi |
| DMI INTERNATIONAL, INC. Tulsa · 80 employees | $56.5M | 3.2 mi |
| INDUSTRIAL PIPING SPECIALISTS INC. Tulsa · 421 employees | $199.4M | 3.6 mi |
| INSULATION SPECIALISTS OF TULSA INC Tulsa | $346.3M | 3.8 mi |
| CIRCLE B MEASUREMENT & FABRICATION, LLC Tulsa · 116 employees | $57.6M | 3.9 mi |
| MID AMERICA PIPELINE CONSTRUCTION, INC Tulsa · 219 employees | $112.1M | 4.9 mi |
The full calculation
| Employees reported to the SBA | 153 |
| Industry revenue per employee | $248K |
| Revenue = employees × revenue per employee | $64.8M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $6.3M |
| Cross-check: revenue implied by PPP payroll | $17.8M |
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 | $31.1M |
| Multiple for this size and industry | 4.9× |
| Value range | $14.7M – $44.1M |
| Revenue range | $38.3M – $76.7M |
| EBITDA range | $3.8M – $7.5M |
| Industry (NAICS) | Oil and Gas Pipeline and Related Structures Construction (237120) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
“We are celebrating our fifteen year anniversary with a new shop expansion of our fabrication facility that includes modernized welding technology and increased lifting capabilities.”
Advisors
- BankingSecurity 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
| Security Bank PPP 2020, PPP 2021 | All 617 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 | $694K | 153 |
| 1/28/2021 | second | $663K | 30 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Global Industrial, Inc.
Global Industrial, Inc. is an oil and gas pipeline and related structures construction company in Tulsa, Oklahoma, in business since 2004. Its estimated annual revenue is about $64.8M, with roughly $6.3M of EBITDA. It has about 153 employees. Its estimated business value is $31.1M (likely range $14.7M–$44.1M).
Common questions
- Who owns Global Industrial, Inc.?
- The owner of Global Industrial, 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 Global Industrial, Inc. make?
- SeeBITDA estimates Global Industrial, Inc.'s annual revenue at about $64.8M (likely between $38.3M and $76.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Global Industrial, Inc. worth?
- About $31.1M, roughly 4.9× its estimated EBITDA of $6.3M, typical for a oil and gas pipeline and related structures construction company its size. Likely range: $14.7M–$44.1M.
- How many employees does Global Industrial, Inc. have?
- About 153, as reported on its PPP loan.
- When was Global Industrial, Inc. founded?
- Global Industrial, Inc. has been in business since 2004.