Hughes Specialty Tools, Inc.
How we got $8.5M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HUGHES SPECIALTY TOOLS, INC. this business | $5.6M | — |
| TLC RENTALS INC Canute · 12 employees | $4.3M | 7.7 mi |
| TROY JONES RENTALS, INC. Elk City · 4 employees | $2.6M | 13.6 mi |
| LUBRIFLANGE, LLC Elk City · 27 employees | $14.7M | 14.6 mi |
| JUNCTION PROPERTIES, LLC Cheyenne · 3 employees | $1.2M | 23.2 mi |
| NORTHFORK RENTALS INC. Carter · 1 employees | $737K | 24.7 mi |
| A RENTAL COMPANY Weatherford · 9 employees | $4.0M | 26.9 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.9M |
| Estimate: the two combined (geometric mean) | $5.6M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $1.9M |
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 | $8.5M |
| Multiple for this size and industry | 4.5× |
| Value range | $4.5M – $11.6M |
| Revenue range | $3.7M – $6.4M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing (532412) |
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
People & advisors
Advisors
- BankingRegent Bank, Bank of Western OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| Bank of Western Oklahoma PPP 2021 | All 200 borrowers → |
| Regent Bank PPP 2020 | All 726 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $98K | 13 |
| 4/10/2021 | second | $28K | 2 |
About Hughes Specialty Tools, Inc.
Hughes Specialty Tools, Inc. is a construction, mining, and forestry machinery and equipment rental and leasing company in Foss, Oklahoma. Its estimated annual revenue is about $5.6M, with roughly $1.9M of EBITDA. It has about 13 employees. Its estimated business value is $8.5M (likely range $4.5M–$11.6M).
Common questions
- Who owns Hughes Specialty Tools, Inc.?
- The owner of Hughes Specialty Tools, 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 Hughes Specialty Tools, Inc. make?
- SeeBITDA estimates Hughes Specialty Tools, Inc.'s annual revenue at about $5.6M (likely between $3.7M and $6.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hughes Specialty Tools, Inc. worth?
- About $8.5M, roughly 4.5× its estimated EBITDA of $1.9M, typical for a construction, mining, and forestry machinery and equipment rental and leasing company its size. Likely range: $4.5M–$11.6M.
- How many employees does Hughes Specialty Tools, Inc. have?
- About 13, as reported on its PPP loan.