Farmers Cooperative Mill & Elevator Association Inc. Carnegi
How we got $8.4M
Based on 51 employees on its 2024 401(k) filing.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 25% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▼ 7% 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
▼ 25% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 68 | $20.0M |
| 2021 | Form 5500 | 54 | $15.9M |
| 2022 | Form 5500 | 62 | $18.2M |
| 2023 | Form 5500 | 64 | $18.8M |
| 2024 | Form 5500 | 51 | $15.0M |
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 |
|---|---|---|
| FARMERS COOPERATIVE MILL & ELEVATOR ASSOCIATION INC. CARNEGI this business | $21.1M | — |
| FARMERS COOPERATIVE MILL & ELEVATOR Carnegie · 66 employees | $27.5M | 0.3 mi |
| Farmers Cooperative Station Carnegie | $2.6M | 2.3 mi |
| CEDAR CREEK SPRAYING SERVICE, Mountain View · 3 employees | $1.2M | 6.6 mi |
| AGRI-FRIENDS INC. Eakly · 21 employees | $7.0M | 16.3 mi |
| GOSSEN AG LLC Corn · 8 employees | $3.1M | 21.1 mi |
| REIMER FAMILY LLC Corn · 2 employees | $1.1M | 21.8 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 | $8.4M |
| Multiple for this size and industry | 4.5× |
| Value range | $4.4M – $12.4M |
| Employees in its retirement plan (2024 Form 5500) | 51 |
| Industry revenue per employee | $294K |
| Revenue = employees × revenue per employee | $21.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.9M |
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 | $13.8M – $25.9M |
| EBITDA range | $1.2M – $2.3M |
| Industry (NAICS) | Support Activities for Crop Production (115110) |
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
People & advisors
Leadership
- TSTom SteinmetzSigned for the company · 2023 retirement-plan filing (Form 5500)
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Farmers Cooperative Mill & Elevator Association Inc. Carnegi
Farmers Cooperative Mill & Elevator Association Inc. Carnegi is a support activities for crop production company in Carnegie, Oklahoma. Its estimated annual revenue is about $21.1M, with roughly $1.9M of EBITDA. It has about 51 employees. Its estimated business value is $8.4M (likely range $4.4M–$12.4M).
Common questions
- Who owns Farmers Cooperative Mill & Elevator Association Inc. Carnegi?
- The owner of Farmers Cooperative Mill & Elevator Association Inc. Carnegi 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 Farmers Cooperative Mill & Elevator Association Inc. Carnegi make?
- SeeBITDA estimates Farmers Cooperative Mill & Elevator Association Inc. Carnegi's annual revenue at about $21.1M (likely between $13.8M and $25.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Farmers Cooperative Mill & Elevator Association Inc. Carnegi worth?
- About $8.4M, roughly 4.5× its estimated EBITDA of $1.9M, typical for a support activities for crop production company its size. Likely range: $4.4M–$12.4M.
- How many employees does Farmers Cooperative Mill & Elevator Association Inc. Carnegi have?
- About 51, from its 2024 retirement-plan filing.