SeeBITDAOklahoma

Thermal Energy Corp

Construction
  • 10159 E 11th St Ste 415, Tulsa, OK
  • NAICS 23
Estimated valueLow confidence
$459K
$108Klikely range$877K
About 1.9× its yearly profit, typical for a company this size in its industry.
Revenue
$2.4M
a year
Profit (EBITDA)
$242K
10% of revenue
Employees
—
not reported
Leadership
Owner not found yet
We haven't found the owner in public records

How we got $459K

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

A typical construction business in Oklahoma$2.4M
Revenue$2.4M
× 10% profit margin$242K
× 1.9 sale multiple = value$459K

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
No website found
Owner not found

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Thermal Energy Corp
this business
$2.4M$242K—
Stonebridge Restoration & Remodel
Tulsa
$2.0M$252K0.1 mi
PRO INSULATION, INC.
Tulsa · 2 employees
$1.1M$145K0.1 mi
Pro Sprinkler
Tulsa
$1.7M$184K0.1 mi
J 29:11 Quilting
Tulsa
$2.0M$252K0.3 mi
ADDCO ELECTRIC, INCORPORATED
Tulsa · 16 employees
$5.8M$617K0.3 mi
iFOAM Insulation
Tulsa
$2.0M$252K0.4 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$459K
Multiple for this size and industry1.9×
Value range$108K – $877K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Construction businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (10%). Treat these as a rough guide.

Revenue range$718K – $3.9M
EBITDA range$71K – $385K
Industry (NAICS)Construction (23)

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

About Thermal Energy Corp

Thermal Energy Corp is a construction company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.4M, with roughly $242K of EBITDA. Its estimated business value is $459K (likely range $108K–$877K).

Common questions

Who owns Thermal Energy Corp?
The owner of Thermal Energy Corp 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 Thermal Energy Corp make?
SeeBITDA estimates Thermal Energy Corp's annual revenue at about $2.4M (likely between $718K and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Thermal Energy Corp worth?
About $459K, roughly 1.9× its estimated EBITDA of $242K, typical for a construction company its size. Likely range: $108K–$877K.