Rifle Tool Company
How we got $7.0M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 13% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RIFLE TOOL COMPANY this business | $13.2M | — |
| D & S OIL TOOLS INC Ratliff City · 10 employees | $6.7M | 2.2 mi |
| VELMA ENGINE SALES & SERVICE CORP Velma · 2 employees | $1.9M | 8.3 mi |
| 3L INDUSTRIES, LLC Elmore City · 23 employees | $17.3M | 12.4 mi |
| KENNETH REYNEN Davis · 1 employees | $667K | 19.9 mi |
| THOMAS OIL TOOLS, LLC Duncan · 7 employees | $6.6M | 20.0 mi |
| JT CONSULTING INC Duncan · 1 employees | $1.1M | 20.3 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.9M |
| Estimate: the two combined (geometric mean) | $13.2M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.5M |
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 | $7.0M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.7M – $9.5M |
| Revenue range | $8.7M – $15.1M |
| EBITDA range | $974K – $1.7M |
| Industry (NAICS) | Oil and Gas Field Machinery and Equipment Manufacturing (333132) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingArmstrong BankPPP / SBA lender
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 Roles are as stated there and may be out of date.
Banking relationships
| Armstrong Bank PPP 2020, PPP 2021 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $240K | 19 |
| 2/6/2021 | second | $313K | 14 |
About Rifle Tool Company
Rifle Tool Company is an oil and gas field machinery and equipment manufacturing company in Ratliff City, Oklahoma. Its estimated annual revenue is about $13.2M, with roughly $1.5M of EBITDA. It has about 19 employees. Its estimated business value is $7.0M (likely range $3.7M–$9.5M).
Common questions
- Who owns Rifle Tool Company?
- The owner of Rifle Tool Company 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 Rifle Tool Company make?
- SeeBITDA estimates Rifle Tool Company's annual revenue at about $13.2M (likely between $8.7M and $15.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rifle Tool Company worth?
- About $7.0M, roughly 4.7× its estimated EBITDA of $1.5M, typical for a oil and gas field machinery and equipment manufacturing company its size. Likely range: $3.7M–$9.5M.
- How many employees does Rifle Tool Company have?
- About 19, as reported on its PPP loan.