SeeBITDAOklahoma

Tyler Sheet Metal Inc.

Plumbing, heating & air
  • 5400 S Hattie Ave, Oklahoma City, OK
  • Since 1979
  • Family-owned
  • NAICS 238220
Company websitetylersheetmetal.comLinkedIn pageCompany profile and employees
Estimated valueMedium confidence
$9.5M
$5.0Mlikely range$13.0M
About 4.4× its yearly profit, typical for a company this size in its industry.
Revenue
$24.8M
a year
Profit (EBITDA)
$2.2M
9% of revenue
Employees
70
reported in 2020
Leadership
Shane Tyler
President · source · confirmed by 2 sources
Some signs of a sale
Request removal or correction
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $9.5M

Based on its 70 employees and its payroll, both reported for PPP in 2020 and brought up to date.

70 employees × $299K each$20.9M
PPP payroll ÷ payroll's usual share of revenue$22.6M
Shown toward the top of its range×1.14
Revenue$24.8M
× 9% profit margin$2.2M
× 4.4 sale multiple = value$9.5M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 47 years (since 1979)
  • Family in the business (Gina Tyler, Chief Financial Officer)

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

What they do

Tyler Sheetmetal, Inc. is a licensed sheet metal contractor in Oklahoma City that works with partner companies to install commercial and industrial HVAC systems, and it also fabricates ductwork and custom products for the HVAC, plumbing, electrical, manufacturing and oilfield sectors.

Products & services
HVAC Ducting, Plenums, Curbs etcSpiral Pipe-DuctCustom FabricationAluminum & StainlessNew ConstructionRenovation ProjectsEstimating & QuotesPrecise layout & installationPlenum, curb, or custom drain panCustom panel cover
Markets served
commercialindustrialHVAC industrymanufacturingoilfield sectorOil & GasHospitalsSecurity
Service area
Oklahoma City, OklahomaOklahoma
Certifications
Licensed Sheetmetal contractor

From the company's website. Industry: Plumbing, heating & air.

Customers & suppliers

Customers

  • Okana Resort · named on its website
  • OMNI Hotel · named on its website
  • OU Urgent Care · named on its website
  • Southern Oklahoma Technology Center-Ardmore · named on its website
  • Chickasaw Nation Event Center- Tishomingo · named on its website
  • Purcell Jr. High School · named on its website
  • BOK Tower · named on its website
  • Oklahoma City Veterans Center · named on its website
  • The State Capitol Building · named on its website
  • Devon Tower · named on its website

Suppliers & brands

  • TDF · brand it sells or installs
  • Ductmate · brand it sells or installs
  • S-Locks & Drives · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Manufacturing
Oil & gas

Estimated value over time

▲ 36% since 2020
$0$5.4M$10.9M2020202120222023202420252026

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

▼ 9% since 2020
0501002020202120222023202420257064
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan70$14.3M$1.2M
2020Form 550067$13.7M$1.2M
2021Form 550065$13.3M$1.2M
2022Form 550058$11.9M$1.0M
2023Form 550032$6.5M$568K
2024Form 550058$11.9M$1.0M
2025Form 550064$13.1M$1.1M

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.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
TYLER SHEET METAL INC.
this business
$24.8M$2.2M—
Buddy's Plumbing Inc.
Oklahoma City
$1.8M$237K0.5 mi
ALL COMFORT SPECIALIST, LLC
Oklahoma City · 14 employees
$4.6M$483K0.7 mi
BETTS TELECOM OKLAHOMA, INC.
Oklahoma City · 13 employees
$3.3M$378K0.8 mi
SK SHEMOR & ASSOCIATES LLC
Oklahoma City · 18 employees
$4.4M$467K0.8 mi
Mustang Mechanical 1 Inc
Oklahoma City
$1.8M$237K0.8 mi
AKERS ELECTRIC LLC
Oklahoma City · 2 employees
$828K$106K0.8 mi

The full calculation

Employees reported to the SBA70
Revenue from headcount (employees × revenue per employee for companies this size)$20.9M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$22.6M
Estimate: the two combined (geometric mean)$24.8M
EBITDA margin (industry, adjusted for size)9%
EBITDA = revenue × margin$2.2M

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$9.5M
Multiple for this size and industry4.4×
Value range$5.0M – $13.0M
Revenue range$16.3M – $28.3M
EBITDA range$1.4M – $2.5M
Industry (NAICS)Plumbing, Heating, and Air-Conditioning Contractors (238220)

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

History & advisors

Founded 1979 by Joe & Kathie TylerFamily-owned
“Tyler Sheetmetal is a privately owned, customer focused family business which was started in 1979 by Joe & Kathie Tyler with the help of their hard-working children.”

Advisors

  • BankingWatermark 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

Watermark Bank
PPP 2020, PPP 2021
All 109 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/4/2020first$758K$763K65Watermark Bank
1/16/2021second$849K$854K70Watermark Bank

Public records

LinkedIn company page
Size as the company lists it
Employees—

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

About Tyler Sheet Metal Inc.

Tyler Sheet Metal Inc. is a family-owned plumbing, heating & air company in Oklahoma City, Oklahoma, in business since 1979. It is owned by Shane Tyler (President). Its estimated annual revenue is about $24.8M, with roughly $2.2M of EBITDA. It has about 64 employees. Its estimated business value is $9.5M (likely range $5.0M–$13.0M).

Common questions

Who owns Tyler Sheet Metal Inc.?
Tyler Sheet Metal Inc. is owned by Shane Tyler (President), according to public sources such as the company's website or filings.
How much revenue does Tyler Sheet Metal Inc. make?
SeeBITDA estimates Tyler Sheet Metal Inc.'s annual revenue at about $24.8M (likely between $16.3M and $28.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Tyler Sheet Metal Inc. worth?
About $9.5M, roughly 4.4× its estimated EBITDA of $2.2M, typical for a plumbing, heating & air company its size. Likely range: $5.0M–$13.0M.
How many employees does Tyler Sheet Metal Inc. have?
About 64, from its 2025 retirement-plan filing.
When was Tyler Sheet Metal Inc. founded?
Tyler Sheet Metal Inc. has been in business since 1979.