SeeBITDAOklahoma

H & L Irrigation

Support Activities for Crop Production
  • 43542 South, County Road 262, Ringwood, OK
  • Since 2016
Estimated valueLow confidence
$423K
$120Klikely range$1.0M
About 2.5× its yearly profit, typical for a company this size in its industry.
Revenue
$1.4M
a year
Profit (EBITDA)
$169K
12% of revenue
Employees
—
not reported
Harold Schmidt
Owner · source

How we got $423K

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

A typical support activities for crop production business in Oklahoma$1.4M
Revenue$1.4M
× 12% profit margin$169K
× 2.5 sale multiple = value$423K

· Own this business? Correct these figures

What we know

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

What they do

H & L Irrigation is an irrigation business in Ringwood, OK that says it services and repairs all makes of irrigation pivots.

Service area
Ringwood, OK

From the company's website. Industry: Support Activities for Crop Production.

Customers & suppliers

Suppliers & brands

  • Reinke · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
H & L Irrigation
this business
$1.4M$169K—
REIMER, SPRIGGING, LLC
Ringwood · 22 employees
$7.7M$733K3.5 mi
Central Custom Ag Aviation, Inc
Fairview
$1.4M$169K10.1 mi
REGIER FLYING SERVICE LLC
Fairview · 3 employees
$1.6M$191K10.2 mi
Nutrien Ag Solutions
Fairview
$1.4M$169K11.1 mi
Major County Conservation District
Fairview
$1.4M$169K11.9 mi
Sooner Plains Ag
Okeene
$17.6M$1.6M18.5 mi

The full calculation

Estimated value = EBITDA × typical sale multiple$423K
Multiple for this size and industry2.5×
Value range$120K – $1.0M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Support Activities for Crop Production businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (12%). Treat these as a rough guide.

Revenue range$503K – $2.9M
EBITDA range$60K – $342K
Industry (NAICS)Support Activities for Crop Production (1151)

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

Public records

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

About H & L Irrigation

H & L Irrigation is a support activities for crop production company in Ringwood, Oklahoma, in business since 2016. It is owned by Harold Schmidt. Its estimated annual revenue is about $1.4M, with roughly $169K of EBITDA. Its estimated business value is $423K (likely range $120K–$1.0M).

Common questions

Who owns H & L Irrigation?
H & L Irrigation is owned by Harold Schmidt, according to public sources such as the company's website or filings.
How much revenue does H & L Irrigation make?
SeeBITDA estimates H & L Irrigation's annual revenue at about $1.4M (likely between $503K and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is H & L Irrigation worth?
About $423K, roughly 2.5× its estimated EBITDA of $169K, typical for a support activities for crop production company its size. Likely range: $120K–$1.0M.
When was H & L Irrigation founded?
H & L Irrigation has been in business since 2016.