SeeBITDAOklahoma

Allen Contracting, Inc.

Highway, Street, and Bridge Construction
  • 516 W CALIFORNIA AVE, Oklahoma City, OK
  • Since 1999
  • NAICS 237310
Estimated valueMedium confidence
$46.2M
$24.3Mlikely range$63.3M
About 4.9× its yearly profit, typical for a company this size in its industry.
Revenue
$110.1M
a year
Profit (EBITDA)
$9.4M
9% of revenue
Employees
162
reported in 2020
Leadership
JEFFREY ALLEN
Owner · source
Some signs of a sale

How we got $46.2M

Based on its 162 employees and its payroll, both reported for PPP in 2020 and brought up to date.

162 employees × $594K each$96.3M
PPP payroll ÷ payroll's usual share of revenue$96.9M
Shown toward the top of its range×1.14
Revenue$110.1M
× 9% profit margin$9.4M
× 4.9 sale multiple = value$46.2M

· Own this business? Correct these figures

Estimated value over time

▲ 20% since 2020
$0$26.6M$53.2M202020212022202320242026

Today'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

▼ 35% since 2020
010020020202021202220232024162105
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan162$54.1M$4.6M
2020Form 5500162$54.1M$4.6M
2021Form 550097$32.4M$2.8M
2022Form 550095$31.8M$2.7M
2023Form 550097$32.4M$2.8M
2024Form 5500105$35.1M$3.0M

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.

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner named
Trucking registration (FMCSA)

Signs of a sale Some signs of a sale

  • In business 27 years (since 1999)
  • Headcount down 35% since 2020 (retirement plan filings)

From public records and the company's website, not a statement that it's for sale.

What they do

Products & services
LaborersCommercial Licensed DriversHeavy Equipment OperatorsConcrete Finishers

From the company's website. Industry: Highway, Street, and Bridge Construction.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
ALLEN CONTRACTING, INC.
this business
$110.1M$9.4M—
SHELL CONSTRUCTION COMPANY, INC.
Oklahoma City · 35 employees
$21.6M$2.1M0.3 mi
MUNOZ BRIDGE CONSTRUCTION LLC
Oklahoma City · 12 employees
$7.6M$904K2.0 mi
Manhattan Road & Bridge
Oklahoma City
$4.9M$483K2.5 mi
NASH CONSTRUCTION COMPANY
Oklahoma City · 58 employees
$29.0M$2.8M2.7 mi
GOODNIGHT WOODWORKS
Oklahoma City · 3 employees
$2.8M$366K3.0 mi
Haskell Lemon Construction Co.
Oklahoma City
$3.9M$457K3.6 mi

The full calculation

Employees reported to the SBA162
Revenue from headcount (employees × revenue per employee for companies this size)$96.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$96.9M
Estimate: the two combined (geometric mean)$110.1M
EBITDA margin (industry, adjusted for size)9%
EBITDA = revenue × margin$9.4M

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$46.2M
Multiple for this size and industry4.9×
Value range$24.3M – $63.3M
Revenue range$72.4M – $125.6M
EBITDA range$6.2M – $10.8M
Industry (NAICS)Highway, Street, and Bridge Construction (237310)

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

  • AccountingForeman & Leathers, PCAudits its 401(k) plan (2024 filing)
  • LegalOklahoma Municipal Contractors AssociationFrom a web search · source
  • BankingProsperity BankPPP / 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

Prosperity Bank
PPP 2020
All 748 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/15/2020first$2.2M$2.2M162Prosperity Bank

Public records

DOT motor carrier
USDOT 829489 · hazmat
Trucks (power units)80
Drivers183
Miles (2024)1,281,000,000
Registered with DOT1999

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

About Allen Contracting, Inc.

Allen Contracting, Inc. is a highway, street, and bridge construction company in Oklahoma City, Oklahoma, in business since 1999. It is owned by JEFFREY ALLEN. Its estimated annual revenue is about $110.1M, with roughly $9.4M of EBITDA. It has about 105 employees. Its estimated business value is $46.2M (likely range $24.3M–$63.3M).

Common questions

Who owns Allen Contracting, Inc.?
Allen Contracting, Inc. is owned by JEFFREY ALLEN, according to public sources such as the company's website or filings.
How much revenue does Allen Contracting, Inc. make?
SeeBITDA estimates Allen Contracting, Inc.'s annual revenue at about $110.1M (likely between $72.4M and $125.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Allen Contracting, Inc. worth?
About $46.2M, roughly 4.9× its estimated EBITDA of $9.4M, typical for a highway, street, and bridge construction company its size. Likely range: $24.3M–$63.3M.
How many employees does Allen Contracting, Inc. have?
About 105, from its 2024 retirement-plan filing.
When was Allen Contracting, Inc. founded?
Allen Contracting, Inc. has been in business since 1999.