SeeBITDAOklahoma

Heidelberg Materials

Construction Sand and Gravel Mining
  • 2050 Woodland Rd, Davis, OK
  • 3 locations
  • Since 1897
  • NAICS 212321
Estimated valueLow confidence
$20.8M
$4.4Mlikely range$32.2M
About 5.5× its yearly profit, typical for a company this size in its industry.
Revenue
$15.5M
a year
Profit (EBITDA)
$3.8M
24% of revenue
Employees
—
not reported
Leadership
Chris Ward
President & CEO · 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 $20.8M

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

A typical construction sand and gravel mining business in Oklahoma$15.5M
Revenue$15.5M
× 24% profit margin$3.8M
× 5.5 sale multiple = value$20.8M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named
3 locations found

Signs of a sale Likely to sell

  • In business 129 years (since 1897)
  • No family successor named on its website

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

What they do

Heidelberg Materials North America is a supplier of cement, aggregates, ready mixed concrete, and asphalt for construction across North America, with more than 450 locations and approximately 9,000 employees.

Products & services
AggregatesCementitious MaterialsReady Mixed ConcreteAsphaltConcrete PipeStabilized Materials3D PrintingSpherixBeneficiationCCP ServicesAlternative FuelsCrushed Stone
Markets served
Concrete pavingConcrete pipingDeep foundationsMine stabilizationHardscapingGroutingOil and gas drillingPrecast concrete products
Service area
North AmericaU.SCanadaUnited StatesWestern CanadaBritish ColumbiaPrairiesPicton, Ontario
Certifications
CSA, ASTM, AASHTO or API StandardsEnvironmental Product Declarations

From the company's website. Industry: Construction Sand and Gravel Mining.

Customers & suppliers

Possible customers nearby

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

Concrete & foundations

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Heidelberg Materials
this business
$15.5M$3.8M—
Martin Marietta - Davis Quarry
Davis
$5.2M$1.4M1.1 mi
Martin Marietta - Washita Quarry
Davis
$5.2M$1.4M6.8 mi
Miller Sand & Gravel
Ardmore
$5.2M$1.4M22.2 mi
Martin Marietta - Mill Creek Limestone
Mill Creek
$5.2M$1.4M28.3 mi
MCREYNOLDS SAND & GRAVEL, LLC
Ardmore · 4 employees
$4.8M$1.3M28.3 mi
Martin Marietta - Mill Creek Granite Quarry
Mill Creek
$5.2M$1.4M29.1 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$20.8M
Multiple for this size and industry5.5×
Value range$4.4M – $32.2M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Construction Sand and Gravel Mining businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (24%). Treat these as a rough guide.

Revenue range$4.1M – $20.0M
EBITDA range$1.0M – $4.9M
Industry (NAICS)Construction Sand and Gravel Mining (212321)

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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

History & advisors

Founded 1897

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.

3 locations

2050 Woodland RdDavisThis listing
Highway 77 and Hanover RdDavisView
3765 S. Thayer LaneMill CreekView

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 Heidelberg Materials

Heidelberg Materials is a construction sand and gravel mining company in Davis, Oklahoma, in business since 1897. It is owned by Chris Ward (President & CEO). Its estimated annual revenue is about $15.5M, with roughly $3.8M of EBITDA. Its estimated business value is $20.8M (likely range $4.4M–$32.2M). It has 3 locations.

Common questions

Who owns Heidelberg Materials?
Heidelberg Materials is owned by Chris Ward (President & CEO), according to public sources such as the company's website or filings.
How much revenue does Heidelberg Materials make?
SeeBITDA estimates Heidelberg Materials's annual revenue at about $15.5M (likely between $4.1M and $20.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Heidelberg Materials worth?
About $20.8M, roughly 5.5× its estimated EBITDA of $3.8M, typical for a construction sand and gravel mining company its size. Likely range: $4.4M–$32.2M.
When was Heidelberg Materials founded?
Heidelberg Materials has been in business since 1897.
Is Heidelberg Materials for sale?
There's no public listing, but it shows signs that often come before a sale: in business 129 years (since 1897); no family successor named on its website.