SeeBITDAOklahoma

W . L. Walker Co, Inc

Oil and Gas Field Machinery and Equipment Manufacturing
Estimated valueMedium confidence
$14.0M
$7.4Mlikely range$19.2M
About 5.8× its yearly profit, typical for a company this size in its industry.
Revenue
$23.2M
a year
Profit (EBITDA)
$2.4M
10% of revenue
Employees
33
reported in 2020
Leadership
John Brackett
President · source
Some signs of a sale
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $14.0M

Based on its 33 employees and its payroll, both reported for PPP in 2020 and brought up to date.

33 employees × $707K each$23.3M
PPP payroll ÷ payroll's usual share of revenue$17.8M
Shown toward the top of its range×1.14
Revenue$23.2M
× 10% profit margin$2.4M
× 5.8 sale multiple = value$14.0M

· 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 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.

Estimated value over time

▼ 13% since 2020
$0$9.3M$18.5M20202026

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
W . L. WALKER CO, INC
this business
$23.2M$2.4M—
5G, INC.
Tulsa · 6 employees
$3.3M$458K1.0 mi
MIDWESTERN MANUFACTURING COMPANY
Tulsa · 34 employees
$26.9M$2.8M2.1 mi
PRO PIPING & FABRICATION LLC
Tulsa · 18 employees
$11.8M$1.3M2.5 mi
D&L MANUFACTURING, INC.
Tulsa · 225 employees
$204.7M$18.7M3.2 mi
BIG ELK ENERGY SYSTEMS, LLC
Tulsa · 80 employees
$67.5M$7.0M3.9 mi
DARBY EQUIPMENT CO
Tulsa · 47 employees
$43.2M$4.5M4.6 mi

The full calculation

Employees reported to the SBA33
Revenue from headcount (employees × revenue per employee for companies this size)$23.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$17.8M
Estimate: the two combined (geometric mean)$23.2M
EBITDA margin (industry, adjusted for size)10%
EBITDA = revenue × margin$2.4M

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$14.0M
Multiple for this size and industry5.8×
Value range$7.4M – $19.2M
Revenue range$15.3M – $26.5M
EBITDA range$1.6M – $2.8M
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

History & advisors

Advisors

  • BankingVast Bank, 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

Vast Bank, National Association
PPP 2020, PPP 2021
All 359 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/29/2020first$362K$364K33Vast Bank, National Association
1/16/2021second$362K$365K32Vast Bank, National Association

Public records

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

About W . L. Walker Co, Inc

W . L. Walker Co, Inc is an oil and gas field machinery and equipment manufacturing company in Tulsa, Oklahoma, in business since 1997. It is owned by John Brackett (President). Its estimated annual revenue is about $23.2M, with roughly $2.4M of EBITDA. It has about 33 employees. Its estimated business value is $14.0M (likely range $7.4M–$19.2M).

Common questions

Who owns W . L. Walker Co, Inc?
W . L. Walker Co, Inc is owned by John Brackett (President), according to public sources such as the company's website or filings.
How much revenue does W . L. Walker Co, Inc make?
SeeBITDA estimates W . L. Walker Co, Inc's annual revenue at about $23.2M (likely between $15.3M and $26.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is W . L. Walker Co, Inc worth?
About $14.0M, roughly 5.8× its estimated EBITDA of $2.4M, typical for a oil and gas field machinery and equipment manufacturing company its size. Likely range: $7.4M–$19.2M.
How many employees does W . L. Walker Co, Inc have?
About 33, as reported on its PPP loan.
When was W . L. Walker Co, Inc founded?
W . L. Walker Co, Inc has been in business since 1997.