Rath, Inc.
How we got $17.7M
Based on 52 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 34% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RATH, INC. this business | $42.5M | — |
| 5TH AVENUE PROCESSING & CATTLE CO Walters · 7 employees | $2.3M | 38.4 mi |
| TEMPLE PROCESSING, LLC Comanche · 1 employees | $829K | 45.4 mi |
| HARDTIMES REAL BEEF JERKY INC El Reno · 23 employees | $10.9M | 48.1 mi |
| MARKET 54, INC. Weatherford · 9 employees | $4.0M | 49.1 mi |
| FABULOSO SPECIALTIES LLC Oklahoma City · 20 employees | $9.5M | 60.6 mi |
| OKLAHOMA CITY MEAT COMPANY, INC. Oklahoma City · 34 employees | $21.9M | 60.7 mi |
The full calculation
| Employees reported to the SBA | 52 |
| Industry revenue per employee | $391K |
| Revenue = employees × revenue per employee | $42.5M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $3.2M |
| Cross-check: revenue implied by PPP payroll | $11.6M |
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 | $17.7M |
| Multiple for this size and industry | 5.5× |
| Value range | $8.4M – $25.1M |
| Revenue range | $25.2M – $50.3M |
| EBITDA range | $1.9M – $3.8M |
| Industry (NAICS) | Poultry Processing (311615) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingLiberty National 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 Roles are as stated there and may be out of date.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
| Liberty National Bank PPP 2020 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $153K | 52 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rath, Inc.
Rath, Inc. is a poultry processing company in Apache, Oklahoma. It is owned by Jerry Rath (Founder and CEO). Its estimated annual revenue is about $42.5M, with roughly $3.2M of EBITDA. It has about 52 employees. Its estimated business value is $17.7M (likely range $8.4M–$25.1M).
Common questions
- Who owns Rath, Inc.?
- Rath, Inc. is owned by Jerry Rath (Founder and CEO), according to public sources such as the company's website or filings.
- How much revenue does Rath, Inc. make?
- SeeBITDA estimates Rath, Inc.'s annual revenue at about $42.5M (likely between $25.2M and $50.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rath, Inc. worth?
- About $17.7M, roughly 5.5× its estimated EBITDA of $3.2M, typical for a poultry processing company its size. Likely range: $8.4M–$25.1M.
- How many employees does Rath, Inc. have?
- About 52, as reported on its PPP loan.