H & L Tooth Company
How we got $8.1M
Based on its 31 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 92 years (since 1934)
From public records and the company's website, not a statement that it's for sale.
What they do
H & L Tooth Company manufactures replacement ground engaging tools, including teeth, adapters, ripper shanks, and scarifiers, for earthmoving and mining equipment from its 200,000 ft. facility in Tulsa, Oklahoma.
From the company's website. Industry: Construction Machinery Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BROTHER & COMPANY · Tulsa, 11 mi · $27.3M
- NICHOLS GROUP PR-ADMINISTRATION, LLC · Tulsa, 9 mi · $18.6M
- HICORP, INC · Tulsa, 9 mi · $16.0M
- DISTRIBUTECH LLC · Tulsa, 10 mi · $15.7M
- LITTLEFIELD, INC · Tulsa, 9 mi · $11.7M
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 |
|---|---|---|
| H & L TOOTH COMPANY this business | $15.3M | — |
| CARVIN EMPIRE LLC Owasso · 6 employees | $2.6M | 3.3 mi |
| BORETS U.S., INC. Tulsa · 187 employees | $162.5M | 4.0 mi |
| BROWNCO MANUFACTURING AND SALES LLC Tulsa · 13 employees | $8.0M | 4.0 mi |
| TULSA NEW HOLLAND, INC. Tulsa · 26 employees | $15.9M | 4.1 mi |
| ROCKY MOUNTAIN FILTRATION LLC Tulsa · 15 employees | $7.3M | 4.2 mi |
| SOUTHWEST FILTER COMPANY Tulsa · 13 employees | $11.0M | 4.2 mi |
The full calculation
| Employees reported to the SBA | 31 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.9M |
| Estimate: the two combined (geometric mean) | $15.3M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.7M |
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 | $8.1M |
| Multiple for this size and industry | 4.7× |
| Value range | $4.2M – $11.0M |
| Revenue range | $10.1M – $17.5M |
| EBITDA range | $1.1M – $2.0M |
| Industry (NAICS) | Construction Machinery Manufacturing (333120) |
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
“H&L Tooth Company began producing forged Ground Engaging Tools in the early 1930’s with the issuance of original U.S. patent of 1934 to partners Chester C. Hosmer and Ernie L. Launder.”
Advisors
- BankingBank of America, National AssociationPPP / 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
| Bank of America, National Association PPP 2020 | All 1,034 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $321K | 31 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About H & L Tooth Company
H & L Tooth Company is a construction machinery manufacturing company in Tulsa, Oklahoma, in business since 1934. Its estimated annual revenue is about $15.3M, with roughly $1.7M of EBITDA. It has about 31 employees. Its estimated business value is $8.1M (likely range $4.2M–$11.0M).
Common questions
- Who owns H & L Tooth Company?
- The owner of H & L Tooth Company 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 H & L Tooth Company make?
- SeeBITDA estimates H & L Tooth Company'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 H & L Tooth Company worth?
- About $8.1M, roughly 4.7× its estimated EBITDA of $1.7M, typical for a construction machinery manufacturing company its size. Likely range: $4.2M–$11.0M.
- How many employees does H & L Tooth Company have?
- About 31, as reported on its PPP loan.
- When was H & L Tooth Company founded?
- H & L Tooth Company has been in business since 1934.