Ortco Incorporated
How we got $6.8M
Based on its 17 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
Ortco Incorporated manufactures oilfield parts from American-made bar and shaped steel, serving the oilfield industry since 1956.
From the company's website. Industry: Oil and Gas Field Machinery and Equipment Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Continental Resources · Oklahoma City, 2 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 13 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 13 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 4 mi · $711.9M
- MUSTANG FUEL CORPORATION · Oklahoma City, 9 mi · $708.4M
Estimated value over time
▼ 17% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ORTCO INCORPORATED this business | $13.0M | — |
| Lufkin Industries Oklahoma City | $3.0M | 0.2 mi |
| J. P. MACHINE & TOOL COMPANY Oklahoma City · 5 employees | $3.3M | 0.3 mi |
| Bico Drilling Tools Oklahoma City | $1.5M | 0.6 mi |
| JANKE HOLDING CO LLC Oklahoma City · 14 employees | $7.1M | 0.9 mi |
| Oso Perforating Oklahoma City | $3.0M | 0.9 mi |
| Premier Pressure Control Oklahoma City | $1.5M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.8M |
| Estimate: the two combined (geometric mean) | $13.0M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.5M |
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 | $6.8M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.6M – $9.4M |
| Revenue range | $8.6M – $14.8M |
| EBITDA range | $958K – $1.7M |
| 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
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 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 |
|---|---|---|---|
| 2/18/2021 | first | $259K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ortco Incorporated
Ortco Incorporated is an oil and gas field machinery and equipment manufacturing company in Oklahoma City, Oklahoma, in business since 1997. Its estimated annual revenue is about $13.0M, with roughly $1.5M of EBITDA. It has about 17 employees. Its estimated business value is $6.8M (likely range $3.6M–$9.4M).
Common questions
- Who owns Ortco Incorporated?
- The owner of Ortco Incorporated 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 Ortco Incorporated make?
- SeeBITDA estimates Ortco Incorporated's annual revenue at about $13.0M (likely between $8.6M and $14.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ortco Incorporated worth?
- About $6.8M, roughly 4.7× its estimated EBITDA of $1.5M, typical for a oil and gas field machinery and equipment manufacturing company its size. Likely range: $3.6M–$9.4M.
- How many employees does Ortco Incorporated have?
- About 17, as reported on its PPP loan.
- When was Ortco Incorporated founded?
- Ortco Incorporated has been in business since 1997.