Bico Drilling Tools
How we got $222K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
What they do
BICO Drilling Tools, Inc. designs and delivers standard and customized downhole drilling equipment, including down hole motors, and also provides maintenance services in the United States and internationally.
From the company's website. Industry: Retail Trade.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- GULFPORT ENERGY CORPORATION · Oklahoma City, 13 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 13 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 5 mi · $711.4M
- T/J INSPECTION, INC. · Del City, 2 mi · $651.7M
- CIRCLE 9 RESOURCES LLC · Oklahoma City, 2 mi · $557.6M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Bico Drilling Tools this business | $1.5M | — |
| Truck Source Oklahoma City | $22.7M | 0.0 mi |
| AmeriPride Oklahoma City | $1.7M | 0.2 mi |
| Seedify Gardening Supplies Oklahoma City | $4.2M | 0.3 mi |
| Fleetthrive Llc Oklahoma City | $22.7M | 0.3 mi |
| ROOFER'S SUPPLY, INC Oklahoma City · 11 employees | $7.3M | 0.3 mi |
| Edwards Wire Rope & Rigging Oklahoma City | $4.2M | 0.4 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 | $222K |
| Multiple for this size and industry | 2× |
| Value range | $56K – $396K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Retail Trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (7%). Treat these as a rough guide.
| Revenue range | $485K – $2.3M |
| EBITDA range | $35K – $165K |
| Industry (NAICS) | Retail Trade (443) |
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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bico Drilling Tools
Bico Drilling Tools is a retail trade company in Oklahoma City, Oklahoma, in business since 1998. It is owned by Eastern Hemisphere (President). Its estimated annual revenue is about $1.5M, with roughly $111K of EBITDA. Its estimated business value is $222K (likely range $56K–$396K).
Common questions
- Who owns Bico Drilling Tools?
- Bico Drilling Tools is owned by Eastern Hemisphere (President), according to public sources such as the company's website or filings.
- How much revenue does Bico Drilling Tools make?
- SeeBITDA estimates Bico Drilling Tools's annual revenue at about $1.5M (likely between $485K and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bico Drilling Tools worth?
- About $222K, roughly 2× its estimated EBITDA of $111K, typical for a retail trade company its size. Likely range: $56K–$396K.
- When was Bico Drilling Tools founded?
- Bico Drilling Tools has been in business since 1998.