Metheny Concrete Products Inc.
How we got $35.9M
Based on its 60 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 39 years (since 1987)
From public records and the company's website, not a statement that it's for sale.
What they do
Metheny Concrete Products, Inc. is a family-owned business, in operation since 1987, that delivers ready-mix concrete and provides concrete construction, material transport, and concrete mixes for commercial projects, contractors and large-scale builders.
From the company's website. Industry: Ready-Mix Concrete Manufacturing.
Customers & suppliers
Customers
- OKC Thunder · named on its website
- Bank of Oklahoma Building · named on its website
- Kenworth · named on its website
- Project 180 · named on its website
- Corkin Project · named on its website
- Dicks Sporting Goods Edmond · named on its website
- Bricktown Ball Park · named on its website
- Norman Regional · named on its website
- Winsupply · named on its website
Estimated value over time
▲ 47% 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
▲ 60% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 60 | $25.1M |
| 2020 | Form 5500 | 55 | $23.0M |
| 2021 | Form 5500 | 80 | $33.5M |
| 2022 | Form 5500 | 83 | $34.7M |
| 2023 | Form 5500 | 95 | $39.7M |
| 2024 | Form 5500 | 88 | $36.8M |
| 2025 | Form 5500 | 96 | $40.2M |
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 |
|---|---|---|
| METHENY CONCRETE PRODUCTS INC. this business | $47.2M | — |
| INNOVATIVE CONCRETE SOLUTIONS LLC Oklahoma City · 99 employees | $68.0M | 0.0 mi |
| GODDARD'S READY MIX CONCRETE CO., INC. Oklahoma City · 18 employees | $4.2M | 2.2 mi |
| CONNELLY READY-MIX CONCRETE, LLC Oklahoma City · 10 employees | $7.7M | 7.0 mi |
| TOBY CONCRETE TRANSPORTATION, INC. Oklahoma City · 20 employees | $11.2M | 7.8 mi |
| CENTRAL BURIAL VAULTS, INC Oklahoma City · 48 employees | $16.1M | 12.2 mi |
| METRO READY-MIX, INC. Mustang · 5 employees | $3.7M | 16.2 mi |
The full calculation
| Employees reported to the SBA | 60 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $32.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $52.1M |
| Estimate: the two combined (geometric mean) | $47.2M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $5.5M |
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 | $35.9M |
| Multiple for this size and industry | 6.5× |
| Value range | $18.9M – $49.2M |
| Revenue range | $31.1M – $53.8M |
| EBITDA range | $3.6M – $6.3M |
| Industry (NAICS) | Ready-Mix Concrete Manufacturing (327320) |
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
“Metheny Concrete Products, Inc. has been delivering high-quality concrete solutions since 1987.”
Advisors
- BankingPrime 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
| Prime Bank PPP 2020 | All 79 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $965K | 60 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Metheny Concrete Products Inc.
Metheny Concrete Products Inc. is a family-owned ready-mix concrete manufacturing company in Oklahoma City, Oklahoma, in business since 1987. It is owned by Rick Metheny. Its estimated annual revenue is about $47.2M, with roughly $5.5M of EBITDA. It has about 96 employees. Its estimated business value is $35.9M (likely range $18.9M–$49.2M).
Common questions
- Who owns Metheny Concrete Products Inc.?
- Metheny Concrete Products Inc. is owned by Rick Metheny, according to public sources such as the company's website or filings.
- How much revenue does Metheny Concrete Products Inc. make?
- SeeBITDA estimates Metheny Concrete Products Inc.'s annual revenue at about $47.2M (likely between $31.1M and $53.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Metheny Concrete Products Inc. worth?
- About $35.9M, roughly 6.5× its estimated EBITDA of $5.5M, typical for a ready-mix concrete manufacturing company its size. Likely range: $18.9M–$49.2M.
- How many employees does Metheny Concrete Products Inc. have?
- About 96, from its 2025 retirement-plan filing.
- When was Metheny Concrete Products Inc. founded?
- Metheny Concrete Products Inc. has been in business since 1987.