Moore Iron & Steel Corp.
How we got $38.2M
Based on its 70 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 20 years (since 2006)
- Headcount down 43% since 2021 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Moore Iron and Steel is an in-house, shop-built, or field-erected custom storage tank fabricator and contractor. It serves customers who need tanks, vessels, piping and facility installation, with the ability to ship or field-erect work.
From the company's website. Industry: Iron and Steel Forging.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- INSULATION SPECIALISTS OF TULSA INC · Tulsa, 51 mi · $346.3M
- WYATT CONSTRUCTION COMPANY INC · Ponca City, 46 mi · $269.0M
- INDUSTRIAL PIPING SPECIALISTS INC. · Tulsa, 49 mi · $199.4M
- FUSION INDUSTRIES, LLC · Oklahoma City, 60 mi · $151.8M
- ELLSWORTH CONSTRUCTION, LLC · Tulsa, 38 mi · $148.7M
- PHOENIX INDUSTRIAL INSULATION CORP · Glenpool, 41 mi · $157.2M
- SW DRYWALL, LLC · Tulsa, 46 mi · $39.9M
- MD DRYWALL LLC · Oklahoma City, 65 mi · $26.5M
- THRICE ENERGY SOLUTIONS LLC · Oklahoma City, 63 mi · $26.0M
- BALDWIN ACOUSTICS AND DRYWALL INC · Oklahoma City, 68 mi · $19.7M
Estimated value over time
▲ 22% 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
▼ 49% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 70 | $32.9M |
| 2020 | Form 5500 | 48 | $22.5M |
| 2021 | Form 5500 | 63 | $29.6M |
| 2022 | Form 5500 | 35 | $16.4M |
| 2023 | Form 5500 | 36 | $16.9M |
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 |
|---|---|---|
| MOORE IRON & STEEL CORP. this business | $52.7M | — |
| AHRBERG MILLING OF CUSHING, INC Cushing · 39 employees | $27.4M | 10.1 mi |
| DYN COLLECTOR HEADS, INC Mannford · 3 employees | $1.7M | 18.1 mi |
| OKLAHOMA FORGE LLC Tulsa · 36 employees | $27.6M | 36.5 mi |
| THOMAS SCRIMINGER Tulsa · 6 employees | $2.9M | 39.7 mi |
| TULSA SHEET METAL INC Tulsa · 15 employees | $5.3M | 40.7 mi |
| R & D PATTERN & FOUNDRY Tulsa · 6 employees | $2.8M | 41.2 mi |
The full calculation
| Employees reported to the SBA | 70 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $45.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $46.6M |
| Estimate: the two combined (geometric mean) | $52.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $5.6M |
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 | $38.2M |
| Multiple for this size and industry | 6.8× |
| Value range | $20.1M – $52.3M |
| Revenue range | $34.7M – $60.1M |
| EBITDA range | $3.7M – $6.4M |
| Industry (NAICS) | Iron and Steel Forging (332111) |
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
History & advisors
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $898K | 70 |
| 2/17/2021 | second | $898K | 64 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Moore Iron & Steel Corp.
Moore Iron & Steel Corp. is an iron and steel forging company in Yale, Oklahoma, in business since 2006. Its estimated annual revenue is about $52.7M, with roughly $5.6M of EBITDA. It has about 36 employees. Its estimated business value is $38.2M (likely range $20.1M–$52.3M).
Common questions
- Who owns Moore Iron & Steel Corp.?
- The owner of Moore Iron & Steel Corp. 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 Moore Iron & Steel Corp. make?
- SeeBITDA estimates Moore Iron & Steel Corp.'s annual revenue at about $52.7M (likely between $34.7M and $60.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Moore Iron & Steel Corp. worth?
- About $38.2M, roughly 6.8× its estimated EBITDA of $5.6M, typical for a iron and steel forging company its size. Likely range: $20.1M–$52.3M.
- How many employees does Moore Iron & Steel Corp. have?
- About 36, from its 2023 retirement-plan filing.
- When was Moore Iron & Steel Corp. founded?
- Moore Iron & Steel Corp. has been in business since 2006.