Hammer Construction, Inc.
How we got $18.6M
Based on 104 employees on its 2025 401(k) filing.
What we know
Signs of a sale Unlikely to sell soon
- In business 36 years (since 1990)
- Family in the business (Shirley Hammer, Founder)
From public records and the company's website, not a statement that it's for sale.
What they do
Hammer Construction, Inc. is a private, family-owned company providing construction services across Oklahoma and nationwide for more than 70 years.
From the company's website. Industry: Commercial construction.
Customers & suppliers
Customers
- Burns & McDonnell · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- GULFPORT ENERGY CORPORATION · Oklahoma City, 24 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 24 mi · $1.18B
- T/J INSPECTION, INC. · Del City, 12 mi · $532.1M
- CROWN ENERGY COMPANY · Oklahoma City, 16 mi · $476.0M
- Mack Energy Co. · Ratliff City, 57 mi · $469.3M
Estimated value over time
▼ 11% 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.
Employees over time
▼ 28% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 145 | $103.9M |
| 2020 | Form 5500 | 138 | $98.9M |
| 2021 | Form 5500 | 77 | $55.2M |
| 2022 | Form 5500 | 82 | $58.8M |
| 2023 | Form 5500 | 118 | $84.6M |
| 2024 | Form 5500 | 112 | $80.3M |
| 2025 | Form 5500 | 104 | $74.5M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HAMMER CONSTRUCTION, INC. this business | $102.6M | — |
| TCS CONSTRUCTION LLC Norman · 8 employees | $3.6M | 0.1 mi |
| L&L RETAIL CONSTRUCTION, LLC Norman · 15 employees | $10.6M | 1.0 mi |
| CADDELL & CO, LLC Norman · 3 employees | $4.6M | 1.1 mi |
| ARIA DEVELOPMENT LLC Norman · 3 employees | $2.2M | 1.2 mi |
| AZTEC BUILDING SYSTEMS, INC. Norman · 31 employees | $24.7M | 1.3 mi |
| MISSION CONSTRUCTION LLC Norman · 11 employees | $5.0M | 1.4 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $18.6M |
| Multiple for this size and industry | 4.1× |
| Value range | $11.9M – $33.5M |
| Employees in its retirement plan (2025 Form 5500) | 104 |
| Industry revenue per employee | $717K |
| Revenue = employees × revenue per employee | $102.6M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $4.5M |
| For comparison: employees reported for PPP (2020) | 145 |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $82.1M – $153.9M |
| EBITDA range | $3.6M – $6.8M |
| Industry (NAICS) | Commercial and Institutional Building Construction (236220) |
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. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Hammer’s roots trace back to original owner Jack Hammer, who founded Hammer Construction and Dozer Service in the 1950s.”
Leadership
- RMRobby MoorePresident · Company website · source
- MBMark BrownVice President – Operations · Company website · source
- MSMegan SwartHuman Resources Director · Company website · source
- SHShirley HammerFounder · Company website · source
Advisors
- AccountingForeman & Leathers, P.C.Audits its 401(k) plan (2022 filing)
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $1.9M | 145 |
| 1/22/2021 | second | $1.3M | 124 |
3 locations
| 4320 ADAMS RD | Norman | This listing |
| 1321 Airport Industrial Rd | Elk City | View |
| 401 Loomis Rd | Weatherford | 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 Hammer Construction, Inc.
Hammer Construction, Inc. is a family-owned commercial construction company in Norman, Oklahoma, in business since 1990. It is owned by Jack Hammer (Original Owner). Its estimated annual revenue is about $102.6M, with roughly $4.5M of EBITDA. It has about 104 employees. Its estimated business value is $18.6M (likely range $11.9M–$33.5M). It has 3 locations.
Common questions
- Who owns Hammer Construction, Inc.?
- Hammer Construction, Inc. is owned by Jack Hammer (Original Owner), according to public sources such as the company's website or filings.
- How much revenue does Hammer Construction, Inc. make?
- SeeBITDA estimates Hammer Construction, Inc.'s annual revenue at about $102.6M (likely between $82.1M and $153.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hammer Construction, Inc. worth?
- About $18.6M, roughly 4.1× its estimated EBITDA of $4.5M, typical for a commercial construction company its size. Likely range: $11.9M–$33.5M.
- How many employees does Hammer Construction, Inc. have?
- About 104, from its 2025 retirement-plan filing.
- When was Hammer Construction, Inc. founded?
- Hammer Construction, Inc. has been in business since 1990.