Kat Industries, Inc.
How we got $36.5M
Based on its 63 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
KAT Industries, Inc. is a fabrication shop in Oklahoma City that provides fabrication, rig up, and equipment services to the oil field industry. KAT Machine, Inc. is a related machine shop specializing in oil field repairs, rebuilds, and upgrades for the ST-80 Iron Roughneck.
From the company's website. Industry: Oil and Gas Field Machinery and Equipment Manufacturing.
Customers & suppliers
Customers
- Cactus Drilling · named on its website
- Desoto Drilling · named on its website
- Helmrich & Payne International Drilling · named on its website
- Latshaw Drilling · named on its website
- Marathon Oil Co · named on its website
- Nomac Drilling · named on its website
- Newfield Exploration · named on its website
- Patterson-UTI Drilling · named on its website
- M-I Swaco · named on its website
- O-Tex Pumping · named on its website
- Leam Drilling Systems · named on its website
- Baker Hughes · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- GULFPORT ENERGY CORPORATION · Oklahoma City, 12 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 12 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 6 mi · $711.6M
- T/J INSPECTION, INC. · Del City, 9 mi · $651.7M
- CIRCLE 9 RESOURCES LLC · Oklahoma City, 6 mi · $557.7M
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.
Employees over time
▲ 13% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 63 | $35.1M |
| 2023 | Form 5500 | 72 | $40.2M |
| 2024 | Form 5500 | 86 | $48.0M |
| 2025 | Form 5500 | 71 | $39.6M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| KAT INDUSTRIES, INC. this business | $51.4M | — |
| KAT MACHINE, INC. Oklahoma City · 9 employees | $6.5M | 0.1 mi |
| PROGRESSIVE STAMPING LLC Oklahoma City · 22 employees | $9.9M | 1.4 mi |
| QUALITY MACHINE SERVICES INC Oklahoma City · 20 employees | $14.3M | 3.0 mi |
| MURRPHY PRODUCTS, INC. Oklahoma City · 18 employees | $11.1M | 3.1 mi |
| USA-BOPS, LLC Oklahoma City · 4 employees | $2.7M | 3.1 mi |
| TALON OIL TOOLS, LLC Oklahoma City · 4 employees | $3.5M | 5.3 mi |
The full calculation
| Employees reported to the SBA | 63 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $44.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $45.7M |
| Estimate: the two combined (geometric mean) | $51.4M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $5.4M |
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 | $36.5M |
| Multiple for this size and industry | 6.8× |
| Value range | $19.2M – $49.9M |
| Revenue range | $33.8M – $58.7M |
| EBITDA range | $3.5M – $6.1M |
| Industry (NAICS) | Oil and Gas Field Machinery and Equipment Manufacturing (333132) |
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
- BankingMidFirst 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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $932K | 63 |
| 1/20/2021 | second | $932K | 63 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Kat Industries, Inc.
Kat Industries, Inc. is an oil and gas field machinery and equipment manufacturing company in Oklahoma City, Oklahoma, in business since 2010. Its estimated annual revenue is about $51.4M, with roughly $5.4M of EBITDA. It has about 71 employees. Its estimated business value is $36.5M (likely range $19.2M–$49.9M).
Common questions
- Who owns Kat Industries, Inc.?
- The owner of Kat Industries, 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 Kat Industries, Inc. make?
- SeeBITDA estimates Kat Industries, Inc.'s annual revenue at about $51.4M (likely between $33.8M and $58.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Kat Industries, Inc. worth?
- About $36.5M, roughly 6.8× its estimated EBITDA of $5.4M, typical for a oil and gas field machinery and equipment manufacturing company its size. Likely range: $19.2M–$49.9M.
- How many employees does Kat Industries, Inc. have?
- About 71, from its 2025 retirement-plan filing.
- When was Kat Industries, Inc. founded?
- Kat Industries, Inc. has been in business since 2010.