Oklahoma Steel & Wire Co. Inc.
- David WeinandSigns company filings · Form 5500 (2021)
How we got $160.5M
Based on its 356 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 47 years (since 1979)
- Founder still runs it after 47 years
From public records and the company's website, not a statement that it's for sale.
What they do
Oklahoma Steel & Wire Co. Inc. is a family-owned manufacturer, founded in 1979 in Madill, Oklahoma, that makes agricultural fencing and industrial wire products under the OKBRAND name. Its page says OKBRAND products can be found across the United States.
From the company's website. Industry: Other Fabricated Wire Product Manufacturing.
Estimated value over time
▼ 10% 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
▲ 67% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 356 | $117.3M |
| 2020 | Form 5500 | 668 | $220.2M |
| 2021 | Form 5500 | 555 | $182.9M |
| 2022 | Form 5500 | 559 | $184.2M |
| 2023 | Form 5500 | 333 | $109.8M |
| 2024 | Form 5500 | 595 | $196.1M |
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 |
|---|---|---|
| OKLAHOMA STEEL & WIRE CO. INC. this business | $217.8M | — |
| MID AMERICAN STEEL & WIRE CO., LLC Madill · 280 employees | $525.9M | 0.6 mi |
| M AND R WIRE WORKS Madill · 25 employees | $9.8M | 1.2 mi |
| SAVAGE EQUIPMENT INC Madill · 59 employees | $42.6M | 2.8 mi |
| Big Tex Trailers Madill | $1.6M | 2.9 mi |
| MH SIGNS LLC Madill · 3 employees | $510K | 3.3 mi |
| W-W Trailer Manufacturer Madill | $22.5M | 4.4 mi |
The full calculation
| Employees reported to the SBA | 356 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $177.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $205.1M |
| Estimate: the two combined (geometric mean) | $217.8M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $20.3M |
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 | $160.5M |
| Multiple for this size and industry | 7.9× |
| Value range | $84.5M – $219.6M |
| Revenue range | $143.2M – $248.3M |
| EBITDA range | $13.4M – $23.2M |
| Industry (NAICS) | Other Fabricated Wire Product Manufacturing (332618) |
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
“In 1979, B. L. Moore and his brother-in-law, Robert Lockridge, founded Oklahoma Steel & Wire, located in Madill, Oklahoma, with the sole purpose of manufacturing livestock panels.”
Advisors
- AccountingFinley & Cook, PLLCAudits its 401(k) plan (2024 filing)
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $4.4M | 356 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Oklahoma Steel & Wire Co. Inc.
Oklahoma Steel & Wire Co. Inc. is a family-owned other fabricated wire product manufacturing company in Madill, Oklahoma, in business since 1979. It is owned by B. L. Moore (Founder). Its estimated annual revenue is about $217.8M, with roughly $20.3M of EBITDA. It has about 595 employees. Its estimated business value is $160.5M (likely range $84.5M–$219.6M).
Common questions
- Who owns Oklahoma Steel & Wire Co. Inc.?
- Oklahoma Steel & Wire Co. Inc. is owned by B. L. Moore (Founder), according to public sources such as the company's website or filings.
- How much revenue does Oklahoma Steel & Wire Co. Inc. make?
- SeeBITDA estimates Oklahoma Steel & Wire Co. Inc.'s annual revenue at about $217.8M (likely between $143.2M and $248.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Oklahoma Steel & Wire Co. Inc. worth?
- About $160.5M, roughly 7.9× its estimated EBITDA of $20.3M, typical for a other fabricated wire product manufacturing company its size. Likely range: $84.5M–$219.6M.
- How many employees does Oklahoma Steel & Wire Co. Inc. have?
- About 595, from its 2024 retirement-plan filing.
- When was Oklahoma Steel & Wire Co. Inc. founded?
- Oklahoma Steel & Wire Co. Inc. has been in business since 1979.
- Is Oklahoma Steel & Wire Co. Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 47 years (since 1979); founder still runs it after 47 years.