Horizon Cable Service Inc
How we got $58.3M
Based on its 82 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 24% 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
▲ 26% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 82 | $121.7M |
| 2020 | Form 5500 | 63 | $93.5M |
| 2021 | Form 5500 | 78 | $115.8M |
| 2022 | Form 5500 | 91 | $135.1M |
| 2023 | Form 5500 | 96 | $142.5M |
| 2024 | Form 5500 | 97 | $144.0M |
| 2025 | Form 5500 | 103 | $152.9M |
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.
What we know
Signs of a sale Some signs of a sale
- In business 46 years (since 1980)
From public records and the company's website, not a statement that it's for sale.
What they do
From the company's website. Industry: Metal Service Centers and Other Metal Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Rochester Wireline · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Continental Resources · Oklahoma City, 9 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 12 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 12 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 9 mi · $711.9M
- MUSTANG FUEL CORPORATION · Oklahoma City, 12 mi · $708.4M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HORIZON CABLE SERVICE INC this business | $156.8M | — |
| Piping Alloys USA Inc Oklahoma City | $9.6M | 4.4 mi |
| SNT RECYCLING BROKERS LLC Oklahoma City · 4 employees | $8.9M | 4.6 mi |
| BOYD METALS OF OKLAHOMA CITY, INC. Oklahoma City · 34 employees | $55.1M | 4.7 mi |
| O'Neal Steel Oklahoma City | $3.0M | 5.2 mi |
| ALLOY AND STAINLESS PIPING INCORPORATED Oklahoma City · 4 employees | $11.6M | 5.7 mi |
| RAY ALBRIGHT STEEL PRODUCTS INC Oklahoma City · 17 employees | $32.4M | 6.6 mi |
The full calculation
| Employees reported to the SBA | 82 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $132.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $142.5M |
| Estimate: the two combined (geometric mean) | $156.8M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $9.4M |
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 | $58.3M |
| Multiple for this size and industry | 6.2× |
| Value range | $30.7M – $79.8M |
| Revenue range | $103.1M – $178.8M |
| EBITDA range | $6.2M – $10.7M |
| Industry (NAICS) | Metal Service Centers and Other Metal Merchant Wholesalers (423510) |
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
- BankingFidelity Bank, 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
| Fidelity Bank, National Association PPP 2020, PPP 2021 | All 161 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $1.3M | 82 |
| 1/20/2021 | second | $1.3M | 64 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Horizon Cable Service Inc
Horizon Cable Service Inc is a metal service centers and other metal merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1980. Its estimated annual revenue is about $156.8M, with roughly $9.4M of EBITDA. It has about 103 employees. Its estimated business value is $58.3M (likely range $30.7M–$79.8M).
Common questions
- Who owns Horizon Cable Service Inc?
- The owner of Horizon Cable Service 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 Horizon Cable Service Inc make?
- SeeBITDA estimates Horizon Cable Service Inc's annual revenue at about $156.8M (likely between $103.1M and $178.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Horizon Cable Service Inc worth?
- About $58.3M, roughly 6.2× its estimated EBITDA of $9.4M, typical for a metal service centers and other metal merchant wholesalers company its size. Likely range: $30.7M–$79.8M.
- How many employees does Horizon Cable Service Inc have?
- About 103, from its 2025 retirement-plan filing.
- When was Horizon Cable Service Inc founded?
- Horizon Cable Service Inc has been in business since 1980.