First Water Contracting, Llc
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
Employees over time
▲ 93% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 70 | $15.8M |
| 2021 | Form 5500 | 83 | $18.8M |
| 2022 | Form 5500 | 85 | $19.2M |
| 2023 | Form 5500 | 78 | $17.7M |
| 2024 | Form 5500 | 77 | $17.4M |
| 2025 | Form 5500 | 135 | $30.6M |
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
What they do
First Water Contracting LLC is an Oklahoma City sitework and paving contractor that self-performs earthwork, storm sewer, subgrade modification, curb and gutter, and asphalt and concrete paving as one turn-key contract.
From the company's website. Industry: Specialty Trade Contractors.
Customers & suppliers
Suppliers & brands
- Trinitas Materials · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- CHICKASAW DEFENSE LOGISTICS, LLC · Norman, 19 mi · $252.6M
- HAMMER CONSTRUCTION, INC. · Norman, 12 mi · $201.7M
- VAN EATON READY MIX, INC. · Shawnee, 27 mi · $149.5M
- LINGO CONSTRUCTION SERVICES INC · Oklahoma City, 3 mi · $131.2M
- LINGO CONSTRUCTIN SERVICES, INC. · Oklahoma City, 3 mi · $125.5M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| First Water Contracting, Llc this business | $3.9M | — |
| Weatherford Us Lp Oklahoma City | $11.7M | 0.1 mi |
| GUARDIAN ROOFING & SHEET METAL LLC Oklahoma City · 8 employees | $3.0M | 0.1 mi |
| OKLAHOMA ROOFING & SHEET METAL LLC Oklahoma City · 152 employees | $76.8M | 0.1 mi |
| COATINGS, INC. Oklahoma City · 1 employees | $349K | 0.2 mi |
| INNOVATIVE CONCRETE SOLUTIONS LLC Oklahoma City · 99 employees | $31.2M | 0.2 mi |
| ALVA ROOFING CO. Oklahoma City · 36 employees | $19.3M | 0.3 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 | $1.1M |
| Multiple for this size and industry | 2.3× |
| Value range | $250K – $2.0M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Specialty Trade Contractors businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (12%). Treat these as a rough guide.
| Revenue range | $1.2M – $6.1M |
| EBITDA range | $136K – $710K |
| Industry (NAICS) | Specialty Trade Contractors (238) |
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 Overture Maps open data. Full methodology
History & advisors
“On our first Monday in business, roughly sixty crewmen showed up unasked, and many are still here.”
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.
2 locations
| 2400 SE 15th St | Oklahoma City | This listing |
| 2401 180th Ave SE | Norman | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About First Water Contracting, Llc
First Water Contracting, Llc is a specialty trade contractors company in Oklahoma City, Oklahoma, in business since 2012. Its estimated annual revenue is about $3.9M, with roughly $457K of EBITDA. It has about 135 employees. Its estimated business value is $1.1M (likely range $250K–$2.0M). It has 2 locations.
Common questions
- Who owns First Water Contracting, Llc?
- The owner of First Water Contracting, Llc 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 First Water Contracting, Llc make?
- SeeBITDA estimates First Water Contracting, Llc's annual revenue at about $3.9M (likely between $1.2M and $6.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is First Water Contracting, Llc worth?
- About $1.1M, roughly 2.3× its estimated EBITDA of $457K, typical for a specialty trade contractors company its size. Likely range: $250K–$2.0M.
- How many employees does First Water Contracting, Llc have?
- About 135, from its 2025 retirement-plan filing.
- When was First Water Contracting, Llc founded?
- First Water Contracting, Llc has been in business since 2012.