SeeBITDAOklahoma

Turner Roofing and Sheet Metal Inc

  • 1200 E MEMPHIS ST, Broken Arrow, OK
  • Since 1966
Estimated valueMedium confidence
$11.7M
$6.2Mlikely range$16.0M
About 4.1× its yearly profit, typical for a company this size in its industry.
Revenue
$32.9M
a year
Profit (EBITDA)
$2.9M
9% of revenue
Employees
59
reported in 2020
Chris Meyer
President and CEO · source
Likely to sell

How we got $11.7M

Based on its 59 employees and its payroll, both reported for PPP in 2020 and brought up to date.

59 employees × $472K each$27.9M
PPP payroll ÷ payroll's usual share of revenue$29.8M
Shown toward the top of its range×1.14
Revenue$32.9M
× 9% profit margin$2.9M
× 4.1 sale multiple = value$11.7M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 60 years (since 1966)
  • No family successor named on its website

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

What they do

Turner Roofing and Sheet Metal Inc is a commercial and residential roofing company serving Tulsa, Broken Arrow and surrounding areas, in business since 1966.

Products & services
Commercial roofingResidential roofingsmartCARE roof maintenanceTesla Solar RoofRoof repairPreventative maintenanceAsset managementEmergency responseRoof repairs and replacementsRe-roofingMaintenance & repairNew construction
Markets served
CommercialResidentialStorm damage
Service area
TulsaBroken ArrowTulsa and Surrounding AreasOklahoma
Certifications
ORCA #80006269Fully bonded and fully licensed

From the company's website. Industry: Roofing.

Customers & suppliers

Customers

  • Habitat for Humanity · named on its website
  • St Jude's · named on its website
  • Make-A-Wish Foundation · named on its website
  • Little Light House · named on its website
  • Operation FINALLY HOME · named on its website

Suppliers & brands

  • TAMKO Building Products · brand it sells or installs
  • Owens Corning Roofing Products · brand it sells or installs
  • CertainTeed Products · brand it sells or installs
  • GAF Timberline Roofing Products · brand it sells or installs
  • Atlas Roofing Products · brand it sells or installs

Estimated value over time

▲ 32% since 2020
$0$6.7M$13.4M20202026

Today'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

BusinessEst. revenueEst. profitDistance
TURNER ROOFING AND SHEET METAL INC
this business
$32.9M$2.9M—
ABBCO ROOFING, INC.
Broken Arrow · 2 employees
$1.1M$146K0.1 mi
ACTION ROOFING INC
Broken Arrow · 8 employees
$4.7M$503K0.1 mi
Midwest Roofing & Custom Metal
Broken Arrow
$2.2M$257K0.2 mi
Saga Roofing & Construction
Broken Arrow
$2.2M$257K0.4 mi
Arrow Concrete
Broken Arrow
$2.2M$257K0.5 mi
TURNER H CONSTRUCTION INC.
Broken Arrow · 16 employees
$8.7M$916K0.6 mi

The full calculation

Employees reported to the SBA59
Revenue from headcount (employees × revenue per employee for companies this size)$27.9M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$29.8M
Estimate: the two combined (geometric mean)$32.9M
EBITDA margin (industry, adjusted for size)9%
EBITDA = revenue × margin$2.9M

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$11.7M
Multiple for this size and industry4.1×
Value range$6.2M – $16.0M
Revenue range$21.6M – $37.5M
EBITDA range$1.9M – $3.3M
Industry (NAICS)Roofing Contractors (238160)

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

Founded 1966
“We have more than 50 years of superior service as a Tulsa and Broken Arrow commercial and residential roofing company.”

Advisors

  • BankingMabrey 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

Mabrey Bank
PPP 2020
All 851 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/5/2020first$635K$640K59Mabrey Bank

Public records

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

About Turner Roofing and Sheet Metal Inc

Turner Roofing and Sheet Metal Inc is a roofing company in Broken Arrow, Oklahoma, in business since 1966. It is owned by Chris Meyer (President and CEO). Its estimated annual revenue is about $32.9M, with roughly $2.9M of EBITDA. It has about 59 employees. Its estimated business value is $11.7M (likely range $6.2M–$16.0M).

Common questions

Who owns Turner Roofing and Sheet Metal Inc?
Turner Roofing and Sheet Metal Inc is owned by Chris Meyer (President and CEO), according to public sources such as the company's website or filings.
How much revenue does Turner Roofing and Sheet Metal Inc make?
SeeBITDA estimates Turner Roofing and Sheet Metal Inc's annual revenue at about $32.9M (likely between $21.6M and $37.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Turner Roofing and Sheet Metal Inc worth?
About $11.7M, roughly 4.1× its estimated EBITDA of $2.9M, typical for a roofing company its size. Likely range: $6.2M–$16.0M.
How many employees does Turner Roofing and Sheet Metal Inc have?
About 59, as reported on its PPP loan.
When was Turner Roofing and Sheet Metal Inc founded?
Turner Roofing and Sheet Metal Inc has been in business since 1966.
Is Turner Roofing and Sheet Metal Inc for sale?
There's no public listing, but it shows signs that often come before a sale: in business 60 years (since 1966); no family successor named on its website.