H & L Irrigation
How we got $944K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
H & L Irrigation is an irrigation business in Ringwood, OK that says it services and repairs all makes of irrigation pivots.
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
| Business | Est. revenue | Distance |
|---|---|---|
| H & L Irrigation this business | $2.6M | — |
| REIMER, SPRIGGING, LLC Ringwood · 22 employees | $10.4M | 3.5 mi |
| Central Custom Ag Aviation, Inc Fairview | $2.6M | 10.1 mi |
| REGIER FLYING SERVICE LLC Fairview · 3 employees | $2.1M | 10.2 mi |
| Nutrien Ag Solutions Fairview | $2.6M | 11.1 mi |
| Major County Conservation District Fairview | $2.6M | 11.9 mi |
| Sooner Plains Ag Okeene | $2.6M | 18.5 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 | $944K |
| Multiple for this size and industry | 3× |
| Value range | $188K – $1.6M |
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 | $659K – $3.8M |
| EBITDA range | $78K – $447K |
| 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 $2.6M, with roughly $315K of EBITDA. Its estimated business value is $944K (likely range $188K–$1.6M).
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 $2.6M (likely between $659K and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is H & L Irrigation worth?
- About $944K, roughly 3× its estimated EBITDA of $315K, typical for a support activities for crop production company its size. Likely range: $188K–$1.6M.
- When was H & L Irrigation founded?
- H & L Irrigation has been in business since 2016.