Horton Hydraulics, Inc.
How we got $11.0M
Based on its 34 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 2% 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 |
|---|---|---|
| HORTON HYDRAULICS, INC. this business | $30.8M | — |
| MAXWELL SUPPLY OF TULSA, INC. Tulsa · 22 employees | $26.8M | 0.3 mi |
| FREEDOM SCAFFOLD LLC Tulsa · 55 employees | $49.4M | 0.4 mi |
| METAL MANAGEMENT SUPPLY, INC Tulsa · 4 employees | $6.1M | 0.5 mi |
| JETMARK AIRCRAFT INTERIORS LLC Tulsa · 2 employees | $2.5M | 0.8 mi |
| AIRCRAFT SPECIALTIES SERVICES, INC Tulsa · 43 employees | $57.9M | 0.9 mi |
| TOOL CENTER INC. Tulsa · 6 employees | $6.1M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 34 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $30.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.4M |
| Estimate: the two combined (geometric mean) | $30.8M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $2.1M |
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 | $11.0M |
| Multiple for this size and industry | 5.2× |
| Value range | $5.8M – $15.0M |
| Revenue range | $20.3M – $35.2M |
| EBITDA range | $1.4M – $2.4M |
| Industry (NAICS) | Industrial Machinery and Equipment Merchant Wholesalers (423830) |
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
People & advisors
Advisors
- BankingThe Central Trust 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 Roles are as stated there and may be out of date.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
| The Central Trust Bank PPP 2020, PPP 2021 | All 323 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 | $372K | 32 |
| 1/21/2021 | second | $325K | 34 |
About Horton Hydraulics, Inc.
Horton Hydraulics, Inc. is an industrial machinery and equipment merchant wholesalers company in Tulsa, Oklahoma. Its estimated annual revenue is about $30.8M, with roughly $2.1M of EBITDA. It has about 34 employees. Its estimated business value is $11.0M (likely range $5.8M–$15.0M).
Common questions
- Who owns Horton Hydraulics, Inc.?
- The owner of Horton Hydraulics, 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 Horton Hydraulics, Inc. make?
- SeeBITDA estimates Horton Hydraulics, Inc.'s annual revenue at about $30.8M (likely between $20.3M and $35.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Horton Hydraulics, Inc. worth?
- About $11.0M, roughly 5.2× its estimated EBITDA of $2.1M, typical for a industrial machinery and equipment merchant wholesalers company its size. Likely range: $5.8M–$15.0M.
- How many employees does Horton Hydraulics, Inc. have?
- About 34, as reported on its PPP loan.