Luckinbill Inc
How we got $32.3M
Based on its 172 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
- Headcount down 24% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 36% 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
▼ 58% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 172 | $35.1M |
| 2020 | Form 5500 | 95 | $19.4M |
| 2021 | Form 5500 | 55 | $11.2M |
| 2023 | Form 5500 | 70 | $14.3M |
| 2024 | Form 5500 | 72 | $14.7M |
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 |
|---|---|---|
| LUCKINBILL INC this business | $81.8M | — |
| Dense Mechanical Enid | $1.8M | 0.1 mi |
| DENSE ENTERPRISES LLC Enid · 35 employees | $13.0M | 0.1 mi |
| Rogers Supply Co Enid | $1.8M | 0.4 mi |
| Dieterle Plumbing & Heating Enid | $3.7M | 0.5 mi |
| ML ENTERPRISES INC. Enid · 5 employees | $1.4M | 0.5 mi |
| HARMON'S ELECTRIC I Enid · 23 employees | $7.6M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 172 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $57.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $88.9M |
| Estimate: the two combined (geometric mean) | $81.8M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $6.2M |
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 | $32.3M |
| Multiple for this size and industry | 5.2× |
| Value range | $17.0M – $44.2M |
| Revenue range | $53.8M – $93.3M |
| EBITDA range | $4.1M – $7.1M |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
- BankingStride Bank, National AssociationPPP / 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
| Stride Bank, National Association PPP 2020, PPP 2021 | All 504 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 | $3.0M | 172 |
| 1/23/2021 | second | $2.0M | 159 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Luckinbill Inc
Luckinbill Inc is a plumbing, heating & air company in Enid, Oklahoma. It is owned by Dennis Luckinbill. Its estimated annual revenue is about $81.8M, with roughly $6.2M of EBITDA. It has about 72 employees. Its estimated business value is $32.3M (likely range $17.0M–$44.2M).
Common questions
- Who owns Luckinbill Inc?
- Luckinbill Inc is owned by Dennis Luckinbill, according to public sources such as the company's website or filings.
- How much revenue does Luckinbill Inc make?
- SeeBITDA estimates Luckinbill Inc's annual revenue at about $81.8M (likely between $53.8M and $93.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Luckinbill Inc worth?
- About $32.3M, roughly 5.2× its estimated EBITDA of $6.2M, typical for a plumbing, heating & air company its size. Likely range: $17.0M–$44.2M.
- How many employees does Luckinbill Inc have?
- About 72, from its 2024 retirement-plan filing.