SeeBITDAOklahoma

Drilling Tools International

Manufacturing
  • 2525 S Ann Arbor Ave, Oklahoma City, OK
  • Since 1984
  • NAICS 31
Estimated valueLow confidence
$1.2M
$206Klikely range$2.4M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$3.0M
a year
Profit (EBITDA)
$403K
13% of revenue
Employees
—
not reported
Leadership
R. Wayne Prejean
President and Chief Executive Officer · source
Some signs of a sale

How we got $1.2M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical manufacturing business in Oklahoma$3.0M
Revenue$3.0M
× 13% profit margin$403K
× 3 sale multiple = value$1.2M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 42 years (since 1984)

From public records and the company's website, not a statement that it's for sale.

What they do

Drilling Tools International (DTI) is a publicly traded, rental-focused oilfield services company that designs, manufactures and rents downhole drilling tools for operators and service companies.

Products & services
Directional Tool RentalsTubular ServicesTechnologyDrill-N-Ream®TurboCaser®ClearPath™ SleeveClearPath™ StabilizerDesanderDome Hybrid ReamerMechLok®TurboRunner®Crossover Sub
Markets served
operatorsservice companiesenergy basins
Service area
North AmericaEuropethe Middle EastAsia-Pacific

From the company's website. Industry: Manufacturing.

Customers & suppliers

Suppliers & brands

  • National Oilwell Varco · brand it sells or installs
  • Shaffer · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Drilling Tools International
this business
$3.0M$403K—
ERIKS Seals and Plastics
Oklahoma City
$3.0M$403K0.1 mi
Automax Trailers, Inc.
Oklahoma City
$3.0M$403K0.2 mi
Reddy Ice
Oklahoma City
$3.0M$403K0.3 mi
Rbc Oklahoma Inc
Oklahoma City
$3.0M$403K0.4 mi
Vanco, A Cogent Company
Oklahoma City
$6.1M$736K0.6 mi
IBT Industrial Solutions - Oklahoma City
Oklahoma City
$12.1M$1.3M0.6 mi

The full calculation

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$1.2M
Multiple for this size and industry3×
Value range$206K – $2.4M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.

Revenue range$647K – $5.1M
EBITDA range$86K – $673K
Industry (NAICS)Manufacturing (31)

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: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

History & advisors

Founded 1984
“With roots dating back to 1984, DTI operates from service and support centers across North America and maintains strategically located international service and support centers across the EMEA and APAC regions.”

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.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Drilling Tools International

Drilling Tools International is a manufacturing company in Oklahoma City, Oklahoma, in business since 1984. It is owned by R. Wayne Prejean (President and Chief Executive Officer). Its estimated annual revenue is about $3.0M, with roughly $403K of EBITDA. Its estimated business value is $1.2M (likely range $206K–$2.4M).

Common questions

Who owns Drilling Tools International?
Drilling Tools International is owned by R. Wayne Prejean (President and Chief Executive Officer), according to public sources such as the company's website or filings.
How much revenue does Drilling Tools International make?
SeeBITDA estimates Drilling Tools International's annual revenue at about $3.0M (likely between $647K and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Drilling Tools International worth?
About $1.2M, roughly 3× its estimated EBITDA of $403K, typical for a manufacturing company its size. Likely range: $206K–$2.4M.
When was Drilling Tools International founded?
Drilling Tools International has been in business since 1984.