Ronald E. Worthen, P.C.
How we got $214K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 26% 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
▼ 50% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 2 | $556K |
| 2020 | Form 5500 | 2 | $556K |
| 2021 | Form 5500 | 2 | $556K |
| 2022 | Form 5500 | 1 | $278K |
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 |
|---|---|---|
| RONALD E. WORTHEN, P.C. this business | $484K | — |
| MORDY, MORDY, PHREHM & WILSON, PC Ardmore · 8 employees | $2.6M | 2.2 mi |
| JIMMY L VEITH PC Ardmore · 5 employees | $1.2M | 3.8 mi |
| D MICHAEL HISEY Ardmore · 3 employees | $1.1M | 3.8 mi |
| LANDGRAF LAW, PLLC Ardmore · 6 employees | $1.8M | 3.8 mi |
| Republic Law Group Ardmore | $942K | 3.8 mi |
| LITTLE, OLIVER & GALLAGHER, PLLC Ardmore · 5 employees | $1.7M | 3.8 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $614K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $293K |
| Estimate: the two combined (geometric mean) | $484K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $113K |
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 | $214K |
| Multiple for this size and industry | 1.9× |
| Value range | $113K – $293K |
| Revenue range | $318K – $552K |
| EBITDA range | $74K – $128K |
| Industry (NAICS) | Offices of Lawyers (541110) |
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
Leadership
- RWRonald WorthenSigned for the company · 2022 retirement-plan filing (Form 5500)
Advisors
- BankingPeoples Bank and Trust CompanyPPP / 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
| Peoples Bank and Trust Company PPP 2020 | All 320 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $11K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ronald E. Worthen, P.C.
Ronald E. Worthen, P.C. is a law firms company in Ardmore, Oklahoma. Its estimated annual revenue is about $484K, with roughly $113K of EBITDA. It has about 1 employees. Its estimated business value is $214K (likely range $113K–$293K).
Common questions
- Who owns Ronald E. Worthen, P.C.?
- The owner of Ronald E. Worthen, P.C. 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 Ronald E. Worthen, P.C. make?
- SeeBITDA estimates Ronald E. Worthen, P.C.'s annual revenue at about $484K (likely between $318K and $552K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ronald E. Worthen, P.C. worth?
- About $214K, roughly 1.9× its estimated EBITDA of $113K, typical for a law firms company its size. Likely range: $113K–$293K.
- How many employees does Ronald E. Worthen, P.C. have?
- About 1, from its 2022 retirement-plan filing.