H & M Pipe Beveling Machine Co Inc
- Ryan DayVice President of Sales and Marketing · Company website
- Margaret J StallardPresident (until 2011) · Company website
- Harry StallardVice President · Company website
- Lloyd LippincottVice President · Company website
- Mary Stallard BonesLeads the company (no formal title stated) · Company website
How we got $1.2M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Signs of a sale High sell likelihood
- In business 92 years (since 1934)
- Founder still runs it after 92 years
- 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
H&M Pipe Beveling Machine Company, Inc. is a family owned company since 1934 that makes pipe cutting and beveling machines, accessories, clamps and fit-up tools. It has distributors across the country.
From the company's website. Industry: Machine Tool Manufacturing.
Customers & suppliers
Customers
- Cornerstone Boring · named on its website
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| H & M PIPE BEVELING MACHINE CO INC this business | $2.8M | — |
| HASTY-BAKE INC. Tulsa · 31 employees | $10.0M | 1.8 mi |
| JCR INDUSTRIAL LLC Tulsa · 5 employees | $1.9M | 3.7 mi |
| QUICK TURN MANUFACTURING LLC Tulsa · 9 employees | $3.8M | 3.9 mi |
| DRIVE SHAFTS, INC. Tulsa · 9 employees | $2.8M | 5.0 mi |
| RUSSELL WELDING INC Tulsa · 4 employees | $1.9M | 5.3 mi |
| TC MACHINE & MANUFACTURING, INC. Tulsa · 5 employees | $1.6M | 6.8 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $387K |
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 | $1.2M |
| Multiple for this size and industry | 3.2× |
| Value range | $651K – $1.7M |
| Revenue range | $1.8M – $3.2M |
| EBITDA range | $254K – $441K |
| Industry (NAICS) | Machine Tool Manufacturing (333517) |
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
“In 1934 H&M’s founder, Charles Harter, identified a problem with laying pipelines across the United States.”
Advisors
- BankingBOKF, 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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $98K | 7 |
| 1/29/2021 | second | $107K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About H & M Pipe Beveling Machine Co Inc
H & M Pipe Beveling Machine Co Inc is a family-owned machine tool manufacturing company in Tulsa, Oklahoma, in business since 1934. It is owned by Charles Harter (Founder). Its estimated annual revenue is about $2.8M, with roughly $387K of EBITDA. It has about 8 employees. Its estimated business value is $1.2M (likely range $651K–$1.7M).
Common questions
- Who owns H & M Pipe Beveling Machine Co Inc?
- H & M Pipe Beveling Machine Co Inc is owned by Charles Harter (Founder), according to public sources such as the company's website or filings.
- How much revenue does H & M Pipe Beveling Machine Co Inc make?
- SeeBITDA estimates H & M Pipe Beveling Machine Co Inc's annual revenue at about $2.8M (likely between $1.8M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is H & M Pipe Beveling Machine Co Inc worth?
- About $1.2M, roughly 3.2× its estimated EBITDA of $387K, typical for a machine tool manufacturing company its size. Likely range: $651K–$1.7M.
- How many employees does H & M Pipe Beveling Machine Co Inc have?
- About 8, as reported on its PPP loan.
- When was H & M Pipe Beveling Machine Co Inc founded?
- H & M Pipe Beveling Machine Co Inc has been in business since 1934.
- Is H & M Pipe Beveling Machine Co Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 92 years (since 1934); founder still runs it after 92 years; no family successor named on its website.