Freedom Iron Testing
- Tony OdomGeneral Manager · Company website
- Matthew AlbrightRegional manager / maintenance · Company website
How we got $1.2M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Freedom Iron Testing is an iron recertification company for the oil and gas industry, providing repair and recertification of high pressure flow line, valves and components, along with nondestructive testing, hydrostatic testing, inspection and rebuilding services.
From the company's website. Industry: Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- TRIPLE B OILFIELD SERVICES INC. · Elk City, 4 mi · $133.6M
- M WRIGHT SERVICES, LLC · Weatherford, 44 mi · $119.7M
- GORE NITROGEN PUMPING SERVICE, LLC · Seiling, 60 mi · $109.2M
- RIMROCK SERVICES, LLC · Elk City, 2 mi · $99.5M
- RAZOR OILFIELD SERVICES, LLC · Hinton, 59 mi · $86.8M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Freedom Iron Testing this business | $3.0M | — |
| Evolve Vessel LLC Elk City | $3.0M | 0.2 mi |
| River Basin Pumps Elk City | $3.0M | 0.2 mi |
| DXP Enterprises Elk City | $3.0M | 1.1 mi |
| Thru Tubing Solutions Elk City | $3.0M | 1.1 mi |
| Premier Buildings of Western Oklahoma Elk City | $3.0M | 1.2 mi |
| Newfield Exploration Elk City | $6.1M | 1.6 mi |
The full calculation
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 | $1.2M |
| Multiple for this size and industry | 3× |
| Value range | $205K – $2.4M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.
| Revenue range | $643K – $5.1M |
| EBITDA range | $85K – $673K |
| Industry (NAICS) | Manufacturing (31) |
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: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Freedom Iron Testing
Freedom Iron Testing is a manufacturing company in Elk City, Oklahoma, in business since 2017. Its estimated annual revenue is about $3.0M, with roughly $403K of EBITDA. Its estimated business value is $1.2M (likely range $205K–$2.4M).
Common questions
- Who owns Freedom Iron Testing?
- The owner of Freedom Iron Testing 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 Freedom Iron Testing make?
- SeeBITDA estimates Freedom Iron Testing's annual revenue at about $3.0M (likely between $643K and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Freedom Iron Testing worth?
- About $1.2M, roughly 3× its estimated EBITDA of $403K, typical for a manufacturing company its size. Likely range: $205K–$2.4M.
- When was Freedom Iron Testing founded?
- Freedom Iron Testing has been in business since 2017.