Homer Rinehart Company, Inc.
How we got $26.4M
Based on its 44 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 9% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HOMER RINEHART COMPANY, INC. this business | $22.3M | — |
| HASSLER HOT OIL SERVICE, LLC Lindsay · 4 employees | $2.2M | 0.0 mi |
| ASHER OILFIELD SPECIALTY LLC Lindsay · 19 employees | $10.1M | 0.0 mi |
| VENTURE PIPE AND SUPPLY INC. Lindsay · 113 employees | $42.7M | 0.2 mi |
| WEBB OIL COMPANY, INC. Lindsay · 12 employees | $5.4M | 0.3 mi |
| B & B TOOL CO., INC Lindsay · 2 employees | $831K | 0.3 mi |
| Stream Line Lindsay | $1.5M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 44 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $19.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.6M |
| Estimate: the two combined (geometric mean) | $22.3M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $5.1M |
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 | $26.4M |
| Multiple for this size and industry | 5.2× |
| Value range | $13.9M – $36.1M |
| Revenue range | $14.7M – $25.5M |
| EBITDA range | $3.3M – $5.8M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
Advisors
- BankingThe First National Bank of LindsayPPP / 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
| The First National Bank of Lindsay PPP 2020 | All 58 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $555K | 44 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Homer Rinehart Company, Inc.
Homer Rinehart Company, Inc. is an oil & gas company in Lindsay, Oklahoma, in business since 1998. Its estimated annual revenue is about $22.3M, with roughly $5.1M of EBITDA. It has about 44 employees. Its estimated business value is $26.4M (likely range $13.9M–$36.1M).
Common questions
- Who owns Homer Rinehart Company, Inc.?
- The owner of Homer Rinehart Company, 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 Homer Rinehart Company, Inc. make?
- SeeBITDA estimates Homer Rinehart Company, Inc.'s annual revenue at about $22.3M (likely between $14.7M and $25.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Homer Rinehart Company, Inc. worth?
- About $26.4M, roughly 5.2× its estimated EBITDA of $5.1M, typical for a oil & gas company its size. Likely range: $13.9M–$36.1M.
- How many employees does Homer Rinehart Company, Inc. have?
- About 44, as reported on its PPP loan.
- When was Homer Rinehart Company, Inc. founded?
- Homer Rinehart Company, Inc. has been in business since 1998.