SeeBITDAOklahoma

Matherly Mechanical Contractors Inc

Federal contractor
Estimated valueLow confidence
$662K
$158Klikely range$1.2M
About 2.4× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$2.0M
a year
EBITDA
$276K
14% of revenue
Employees
—
not reported
Leadership
Jack Matherly
Founder · source · confirmed by 2 sources
Likely to sell
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $662K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical plumbing, heating & air business in Oklahoma$2.0M
Revenue$2.0M
× 14% EBITDA margin$276K
× 2.4 sale multiple = value$662K

Own this business? Correct these figures

Employees over time

▲ 17% since 2020
013252020202120222023202420251821
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020Form 550018$3.7M$515K
2021Form 550017$3.5M$486K
2022Form 550014$2.9M$401K
2023Form 550014$2.9M$401K
2024Form 550018$3.7M$515K
2025Form 550021$4.3M$601K

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

No PPP loan
401(k) filing, 2025
No reported financials
Company website
Owner named
Federal contracts

Signs of a sale Likely to sell

  • In business 64 years (since 1962)
  • Founder still runs it after 64 years
  • Family in the business (Jake Matherly, Current CEO)

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

What they do

Matherly Mechanical Contractors, LLC is a commercial and industrial piping and sheet metal contractor that offers fabrication, design and installation work, with specialized expertise in facilities such as hospitals, industrial plants, and production facilities.

Products & services
Plumbing & Pipe Fitting FabricationSheet Metal FabricationArchitecture & Engineering DesignMaterial InventoryHVAC Design BuildPiping FabricationPlumbing FabricationCommercial ventilation systemsIndustrial ventilation systemsDust collection systemsTanks and pressure vesselsAir abatement systems
Markets served
commercialindustrialhospitalsindustrial plantsproduction facilitiesHotels, condominiumsOffice buildingsSports complexes
Service area
Oklahoma area

From the company's website. Industry: Plumbing, heating & air.

Customers & suppliers

Customers

  • Department of the Air Force · federal contracts $25K
  • Oklahoma City Convention Center · named on its website
  • OMRF Research Tower · named on its website
  • Norman Regional HealthPlex · named on its website

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Hotels & motels

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
Matherly Mechanical Contractors Inc
this business
$2.0M$276K—
HERMAN'S PLUMBING CO., INC.
Midwest City · 27 employees
$9.0M$1.8M0.1 mi
HENRY BUSCH, INC
Oklahoma City · 7 employees
$2.3M$326K0.3 mi
PARKER SOLUTIONS LLC
Oklahoma City · 2 employees
$632K$81K0.6 mi
Lockhart Air
Oklahoma City
$966K$135K1.0 mi
Stone Creek Plumbing Service
Midwest City
$1.9M$264K1.0 mi
ERICKSEN'S QUALITY ELECTRICAL, INC.
Midwest City · 5 employees
$1.6M$183K1.2 mi

Ranges & sources

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Plumbing, Heating, and Air-Conditioning Contractors businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (14%). Treat these as a rough guide.

Revenue range$586K – $3.1M
EBITDA range$82K – $428K
Industry (NAICS)Plumbing, Heating, and Air-Conditioning Contractors (238220)
Value range$158K – $1.2M

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

Founded 1962 by Jack Matherly
“Jack Matherly founded Matherly Mechanical Contractors, LLC in 1962 with a total work force of four employees.”

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.

Public records

Federal contracts
Small business
Total, recent years$25K
FY2023$25K

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

About Matherly Mechanical Contractors Inc

Matherly Mechanical Contractors Inc is a plumbing, heating & air company in Midwest City, Oklahoma, in business since 1962. It is owned by Jack Matherly (Founder). Its estimated annual revenue is about $2.0M, with roughly $276K of EBITDA. It has about 21 employees. Its estimated business value is $662K (likely range $158K–$1.2M).

Common questions

Who owns Matherly Mechanical Contractors Inc?
Matherly Mechanical Contractors Inc is owned by Jack Matherly (Founder), according to public sources such as the company's website or filings.
How much revenue does Matherly Mechanical Contractors Inc make?
SeeBITDA estimates Matherly Mechanical Contractors Inc's annual revenue at about $2.0M (likely between $586K and $3.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Matherly Mechanical Contractors Inc worth?
About $662K, roughly 2.4× its estimated EBITDA of $276K, typical for a plumbing, heating & air company its size. Likely range: $158K–$1.2M.
How many employees does Matherly Mechanical Contractors Inc have?
About 21, from its 2025 retirement-plan filing.
When was Matherly Mechanical Contractors Inc founded?
Matherly Mechanical Contractors Inc has been in business since 1962.
Is Matherly Mechanical Contractors Inc for sale?
There's no public listing, but it shows signs that often come before a sale: in business 64 years (since 1962); founder still runs it after 64 years; family in the business (jake matherly, current ceo).