SeeBITDAOklahoma

Rosenstein, Fist & Ringold Inc

Law firms
Company websiterfrlaw.comFind on LinkedInSearch LinkedIn for this company
Estimated valueMedium confidence
$5.9M
$3.1Mlikely range$8.1M
About 3.4× its yearly profit, typical for a company this size in its industry.
Revenue
$12.1M
a year
Profit (EBITDA)
$1.7M
14% of revenue
Employees
28
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $5.9M

Based on its 28 employees and its payroll, both reported for PPP in 2020 and brought up to date.

28 employees × $324K each$9.1M
PPP payroll ÷ payroll's usual share of revenue$12.4M
Shown toward the top of its range×1.14
Revenue$12.1M
× 14% profit margin$1.7M
× 3.4 sale multiple = value$5.9M

· Own this business? Correct these figures

Estimated value over time

▲ 26% since 2020
$0$3.6M$7.3M202020212022202320242026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▲ 11% since 2020
02550202020212022202320242831
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan28$7.8M$1.1M
2020Form 550027$7.5M$1.1M
2021Form 550022$6.1M$881K
2022Form 550024$6.7M$961K
2023Form 550027$7.5M$1.1M
2024Form 550031$8.6M$1.2M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 29 years (since 1997)

From public records and the company's website, not a statement that it's for sale.

What they do

Rosenstein, Fist & Ringold is an Oklahoma full service law firm providing legal services to clients.

Products & services
Alternative Dispute ResolutionAppellateBusiness OrganizationsCommercial Real EstateConstruction and Property DevelopmentEducationEmploymentEstate Planning, Probate and Trust AdministrationGeneral EducationHealth CareInvestigationsLitigation

From the company's website. Industry: Law firms.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
ROSENSTEIN, FIST & RINGOLD INC
this business
$12.1M$1.7M—
ATKINSON, HASKINS, NELLIS, BRITTINGHAM, GLADD & FIASO
Tulsa · 39 employees
$15.1M$2.0M0.0 mi
BARBER & BARTZ PC
Tulsa · 38 employees
$11.1M$1.6M0.0 mi
JAMES R GOTWALS & ASSOCIATES, INC.
Tulsa · 4 employees
$1.9M$347K0.0 mi
NICK LARBY PLLC
Tulsa · 2 employees
$646K$150K0.0 mi
PARSONS, GRAHAM & DAY, LLC
Tulsa · 5 employees
$1.0M$201K0.0 mi
RICHARDS & CONNOR, PLLC
Tulsa · 34 employees
$12.1M$1.7M0.0 mi

The full calculation

Employees reported to the SBA28
Revenue from headcount (employees × revenue per employee for companies this size)$9.1M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$12.4M
Estimate: the two combined (geometric mean)$12.1M
EBITDA margin (industry, adjusted for size)14%
EBITDA = revenue × margin$1.7M

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$5.9M
Multiple for this size and industry3.4×
Value range$3.1M – $8.1M
Revenue range$8.0M – $13.8M
EBITDA range$1.1M – $2.0M
Industry (NAICS)Offices of Lawyers (541110)

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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Advisors

  • BankingBOKF, National AssociationPPP / 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

BOKF, National Association
PPP 2020
All 2,399 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/11/2020first$672K$680K28BOKF, National Association

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Rosenstein, Fist & Ringold Inc

Rosenstein, Fist & Ringold Inc is a law firms company in Tulsa, Oklahoma, in business since 1997. Its estimated annual revenue is about $12.1M, with roughly $1.7M of EBITDA. It has about 31 employees. Its estimated business value is $5.9M (likely range $3.1M–$8.1M).

Common questions

Who owns Rosenstein, Fist & Ringold Inc?
The owner of Rosenstein, Fist & Ringold Inc 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 Rosenstein, Fist & Ringold Inc make?
SeeBITDA estimates Rosenstein, Fist & Ringold Inc's annual revenue at about $12.1M (likely between $8.0M and $13.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Rosenstein, Fist & Ringold Inc worth?
About $5.9M, roughly 3.4× its estimated EBITDA of $1.7M, typical for a law firms company its size. Likely range: $3.1M–$8.1M.
How many employees does Rosenstein, Fist & Ringold Inc have?
About 31, from its 2024 retirement-plan filing.
When was Rosenstein, Fist & Ringold Inc founded?
Rosenstein, Fist & Ringold Inc has been in business since 1997.