Horn Equipment Company, Inc.
How we got $28.4M
Based on its 63 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 Some signs of a sale
- In business 47 years (since 1979)
From public records and the company's website, not a statement that it's for sale.
What they do
Horn Equipment Company is a Moore, Oklahoma business serving the oil and gas industry since 1979, offering manufacturing, engineering, repair, sales, rental, machining and welding from its 200,000 sq. ft. facility.
From the company's website. Industry: Other Metal Valve and Pipe Fitting Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Continental Resources · Oklahoma City, 10 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 20 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 21 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 12 mi · $711.9M
- MUSTANG FUEL CORPORATION · Oklahoma City, 16 mi · $708.4M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HORN EQUIPMENT COMPANY, INC. this business | $45.9M | — |
| TIPTONS PLUMBIMG AND SEWER LLC Oklahoma City · 2 employees | $1.6M | 3.2 mi |
| MTM RECOGNITION CORPORATION Oklahoma City · 247 employees | $159.3M | 6.7 mi |
| Oil States Piper Valve Oklahoma City | $3.0M | 8.1 mi |
| WORLD WATER WORKS INC Oklahoma City · 96 employees | $46.2M | 8.4 mi |
| CORROSOURCE, LLC Norman · 7 employees | $4.5M | 8.5 mi |
| WILDMAN MANUFACTURING, INC Oklahoma City · 13 employees | $5.7M | 10.8 mi |
The full calculation
| Employees reported to the SBA | 63 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $30.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $53.4M |
| Estimate: the two combined (geometric mean) | $45.9M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $4.9M |
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 | $28.4M |
| Multiple for this size and industry | 5.8× |
| Value range | $14.9M – $38.8M |
| Revenue range | $30.2M – $52.3M |
| EBITDA range | $3.2M – $5.6M |
| Industry (NAICS) | Other Metal Valve and Pipe Fitting Manufacturing (332919) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“It was a humble start in the same location in a 1,600 square foot building and three employees, counting Hoby and Anita.”
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, PPP 2021 | 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 |
|---|---|---|---|
| 4/4/2020 | first | $1.3M | 63 |
| 1/30/2021 | second | $1.3M | 41 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Horn Equipment Company, Inc.
Horn Equipment Company, Inc. is an other metal valve and pipe fitting manufacturing company in Moore, Oklahoma, in business since 1979. Its estimated annual revenue is about $45.9M, with roughly $4.9M of EBITDA. It has about 63 employees. Its estimated business value is $28.4M (likely range $14.9M–$38.8M).
Common questions
- Who owns Horn Equipment Company, Inc.?
- The owner of Horn Equipment Company, 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 Horn Equipment Company, Inc. make?
- SeeBITDA estimates Horn Equipment Company, Inc.'s annual revenue at about $45.9M (likely between $30.2M and $52.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Horn Equipment Company, Inc. worth?
- About $28.4M, roughly 5.8× its estimated EBITDA of $4.9M, typical for a other metal valve and pipe fitting manufacturing company its size. Likely range: $14.9M–$38.8M.
- How many employees does Horn Equipment Company, Inc. have?
- About 63, as reported on its PPP loan.
- When was Horn Equipment Company, Inc. founded?
- Horn Equipment Company, Inc. has been in business since 1979.