How we got $9.6M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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
▼ 16% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 19 | $6.9M |
| 2020 | Form 5500 | 16 | $5.8M |
| 2021 | Form 5500 | 16 | $5.8M |
| 2022 | Form 5500 | 17 | $6.1M |
| 2023 | Form 5500 | 17 | $6.1M |
| 2024 | Form 5500 | 17 | $6.1M |
| 2025 | Form 5500 | 16 | $5.8M |
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 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HUTTON, INC. this business | $7.9M | — |
| TOM'S HOTSHOT&LIBRICATOR SERVI Elk City · 10 employees | $4.8M | 0.7 mi |
| TRIPLE B OILFIELD SERVICE INCORPORATED Elk City · 28 employees | $18.7M | 0.8 mi |
| R M WATSON MUD ENGINEERING LLC Elk City · 1 employees | $540K | 1.4 mi |
| S&M WELDING, LLC Elk City · 5 employees | $2.6M | 1.5 mi |
| L.A.W. CONSULTING, LLC Elk City · 3 employees | $1.3M | 1.6 mi |
| 3G MANIFOLD, LLC Elk City · 1 employees | $608K | 1.6 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.1M |
| Estimate: the two combined (geometric mean) | $7.9M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $2.2M |
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 | $9.6M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.1M – $13.1M |
| Revenue range | $5.2M – $9.0M |
| EBITDA range | $1.4M – $2.5M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingGreat Plains National 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
| Great Plains National Bank PPP 2020, PPP 2021 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $218K | 19 |
| 3/6/2021 | second | $218K | 16 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hutton, Inc.
Hutton, Inc. is an oil & gas company in Elk City, Oklahoma, in business since 2001. Its estimated annual revenue is about $7.9M, with roughly $2.2M of EBITDA. It has about 16 employees. Its estimated business value is $9.6M (likely range $5.1M–$13.1M).
Common questions
- Who owns Hutton, Inc.?
- The owner of Hutton, 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 Hutton, Inc. make?
- SeeBITDA estimates Hutton, Inc.'s annual revenue at about $7.9M (likely between $5.2M and $9.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hutton, Inc. worth?
- About $9.6M, roughly 4.4× its estimated EBITDA of $2.2M, typical for a oil & gas company its size. Likely range: $5.1M–$13.1M.
- How many employees does Hutton, Inc. have?
- About 16, from its 2025 retirement-plan filing.
- When was Hutton, Inc. founded?
- Hutton, Inc. has been in business since 2001.