Headrick Plumbing Co., Inc.
How we got $1.7M
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 36% 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 |
|---|---|---|
| HEADRICK PLUMBING CO., INC. this business | $5.5M | — |
| Allied Plumbing, Heat and Air Tulsa | $1.9M | 0.0 mi |
| FOREHAND ELECTRIC INC Tulsa · 9 employees | $2.4M | 0.4 mi |
| Integrated Control System Llc Tulsa | $1.9M | 0.9 mi |
| 3RD GEN PLUMBING, LLC Tulsa · 2 employees | $591K | 0.9 mi |
| CLARE DILLON ELECTRIC SERVICE, INC. Tulsa · 4 employees | $1.1M | 1.0 mi |
| Bearden Mechanical Inc Tulsa | $1.9M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.1M |
| Estimate: the two combined (geometric mean) | $5.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $582K |
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 | $1.7M |
| Multiple for this size and industry | 3× |
| Value range | $920K – $2.4M |
| Revenue range | $3.6M – $6.3M |
| EBITDA range | $383K – $664K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
Advisors
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $173K | 18 |
About Headrick Plumbing Co., Inc.
Headrick Plumbing Co., Inc. is a plumbing, heating & air company in Tulsa, Oklahoma. Its estimated annual revenue is about $5.5M, with roughly $582K of EBITDA. It has about 18 employees. Its estimated business value is $1.7M (likely range $920K–$2.4M).
Common questions
- Who owns Headrick Plumbing Co., Inc.?
- The owner of Headrick Plumbing Co., 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 Headrick Plumbing Co., Inc. make?
- SeeBITDA estimates Headrick Plumbing Co., Inc.'s annual revenue at about $5.5M (likely between $3.6M and $6.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Headrick Plumbing Co., Inc. worth?
- About $1.7M, roughly 3× its estimated EBITDA of $582K, typical for a plumbing, heating & air company its size. Likely range: $920K–$2.4M.
- How many employees does Headrick Plumbing Co., Inc. have?
- About 18, as reported on its PPP loan.