Kelvion Inc.
How we got $523.2M
Based on 669 employees on its 2024 401(k) filing.
What we know
Signs of a sale Some signs of a sale
- In business 31 years (since 1995)
From public records and the company's website, not a statement that it's for sale.
Customers & suppliers
Customers
- Department of the Navy · federal contracts $56K
Estimated value over time
▲ 70% 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.
Employees over time
▲ 36% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 491 | $260.2M |
| 2021 | Form 5500 | 451 | $239.0M |
| 2022 | Form 5500 | 560 | $296.8M |
| 2023 | Form 5500 | 492 | $260.8M |
| 2024 | Form 5500 | 669 | $354.6M |
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
| Business | Est. revenue | Distance |
|---|---|---|
| KELVION INC. this business | $614.3M | — |
| B.L.M. EQUIPMENT AND MANUFACTURING COMPANY, INC. Catoosa · 20 employees | $12.2M | 1.8 mi |
| AMERIPUMP MFG LLC Tulsa · 5 employees | $2.0M | 5.9 mi |
| ENERGY EXCHANGER COMPANY Tulsa · 73 employees | $68.5M | 7.6 mi |
| HEAT TRANSFER EQUIPMENT COMPANY Tulsa · 133 employees | $103.0M | 8.7 mi |
| PARFAB INDUSTRIES LLC Inola · 93 employees | $71.6M | 9.0 mi |
| E-TECH, INC. Broken Arrow · 30 employees | $16.8M | 9.7 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $523.2M |
| Multiple for this size and industry | 8.9× |
| Value range | $273.4M – $768.9M |
| Employees in its retirement plan (2024 Form 5500) | 669 |
| Industry revenue per employee | $530K |
| Revenue = employees × revenue per employee | $614.3M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $58.8M |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $401.2M – $752.3M |
| EBITDA range | $38.4M – $72.0M |
| Industry (NAICS) | Boiler, Tank, and Shipping Container Manufacturing (332400) |
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. These are statistical estimates, not reported financials. Listing details come from the company's Form 5500 retirement-plan filing. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Kelvion Inc.
Kelvion Inc. is a boiler, tank, and shipping container manufacturing company in Catoosa, Oklahoma, in business since 1995. Its estimated annual revenue is about $614.3M, with roughly $58.8M of EBITDA. It has about 669 employees. Its estimated business value is $523.2M (likely range $273.4M–$768.9M).
Common questions
- Who owns Kelvion Inc.?
- The owner of Kelvion 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 Kelvion Inc. make?
- SeeBITDA estimates Kelvion Inc.'s annual revenue at about $614.3M (likely between $401.2M and $752.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Kelvion Inc. worth?
- About $523.2M, roughly 8.9× its estimated EBITDA of $58.8M, typical for a boiler, tank, and shipping container manufacturing company its size. Likely range: $273.4M–$768.9M.
- How many employees does Kelvion Inc. have?
- About 669, from its 2024 retirement-plan filing.
- When was Kelvion Inc. founded?
- Kelvion Inc. has been in business since 1995.