Downing
How we got $1.2M
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 46 years (since 1980)
From public records and the company's website, not a statement that it's for sale.
What they do
Downing makes U.S.-manufactured wellheads, frac valves and related equipment for oil and gas well completions, and offers field services and support for wellhead equipment.
From the company's website. Industry: Manufacturing.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Downing this business | $3.0M | — |
| Deep South Equipment Oklahoma City | $6.0M | 0.1 mi |
| Atahli, LLC Oklahoma City | $3.0M | 0.3 mi |
| Level 7 Concepts Oklahoma City | $3.0M | 0.3 mi |
| Giant Oil Tools and Coatings Oklahoma City | $3.0M | 0.4 mi |
| DRAPERY MANUFACTURING, INC. Oklahoma City · 43 employees | $9.6M | 0.5 mi |
| Cameron Oklahoma City | $3.0M | 0.5 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 | $1.2M |
| Multiple for this size and industry | 3× |
| Value range | $211K – $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 | $661K – $5.1M |
| EBITDA range | $88K – $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
People & advisors
“Established in 1980, Downing is a leading US manufacturing and technology company specializing in innovative drilling and completion pressure control technologies.”
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 Roles are as stated there and may be out of date.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 Downing
Downing is a manufacturing company in Oklahoma City, Oklahoma, in business since 1980. Its estimated annual revenue is about $3.0M, with roughly $400K of EBITDA. Its estimated business value is $1.2M (likely range $211K–$2.4M).
Common questions
- Who owns Downing?
- The owner of Downing 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 Downing make?
- SeeBITDA estimates Downing's annual revenue at about $3.0M (likely between $661K and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Downing worth?
- About $1.2M, roughly 3× its estimated EBITDA of $400K, typical for a manufacturing company its size. Likely range: $211K–$2.4M.
- When was Downing founded?
- Downing has been in business since 1980.