Smith, Carney & Co P.C.
How we got $5.5M
Based on its 44 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 42 years (since 1984)
From public records and the company's website, not a statement that it's for sale.
What they do
Smith, Carney & Co., P.C. is an accounting firm offering tax, accounting, bookkeeping, audit and estate planning services to businesses in Ardmore and Oklahoma City.
From the company's website. Industry: Accounting & tax.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- First United Bank & Trust Company · Durant, 44 mi · $1.06B
- SPEND LIFE WISELY COMPANY, INC. · Durant, 45 mi · $643.8M
- First Bank & Trust Co. · Duncan, 52 mi · $64.6M
- Vision Bank · Ada, 49 mi · $60.4M
- THE FIRST NATIONAL BANK AND TRUST CO., CHICKASHA · Chickasha, 75 mi · $53.7M
Estimated value over time
▲ 21% 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 |
|---|---|---|
| SMITH, CARNEY & CO P.C. this business | $7.3M | — |
| JODIE A DOUGLASS, CPA INC. Ardmore · 6 employees | $923K | 0.4 mi |
| ARDMORE CPAS PLLC Ardmore · 9 employees | $1.1M | 0.6 mi |
| ANGELA BRADSHER CPA PC Ardmore · 1 employees | $236K | 0.6 mi |
| DOUGLAS W DEAN CPA CFP PC Ardmore · 1 employees | $107K | 0.6 mi |
| MICHAEL L CHANDLER CPA INC Ardmore · 1 employees | $271K | 0.6 mi |
| SANDRA D NEWMAN CPA PC Ardmore · 1 employees | $154K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 44 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.0M |
| Estimate: the two combined (geometric mean) | $7.3M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $1.0M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 3% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $5.5M |
| Multiple for this size and industry | 5.2× |
| Value range | $3.3M – $8.5M |
| Revenue range | $5.5M – $9.5M |
| EBITDA range | $787K – $1.4M |
| Industry (NAICS) | Other Accounting Services (541219) |
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. 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
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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
| First National Bank and Trust Company of Ardmore PPP 2020 | All 457 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $746K | 44 |
2 locations
| 5 South Commerce | Ardmore | This listing |
| 5100 N Brookline Ave Ste 1000 | Oklahoma City | 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 Smith, Carney & Co P.C.
Smith, Carney & Co P.C. is an accounting & tax company in Ardmore, Oklahoma, in business since 1984. Its estimated annual revenue is about $7.3M, with roughly $1.0M of EBITDA. It has about 44 employees. Its estimated business value is $5.5M (likely range $3.3M–$8.5M). It has 2 locations.
Common questions
- Who owns Smith, Carney & Co P.C.?
- The owner of Smith, Carney & Co 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 Smith, Carney & Co P.C. make?
- SeeBITDA estimates Smith, Carney & Co P.C.'s annual revenue at about $7.3M (likely between $5.5M and $9.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smith, Carney & Co P.C. worth?
- About $5.5M, roughly 5.2× its estimated EBITDA of $1.0M, typical for a accounting & tax company its size. Likely range: $3.3M–$8.5M.
- How many employees does Smith, Carney & Co P.C. have?
- About 44, as reported on its PPP loan.
- When was Smith, Carney & Co P.C. founded?
- Smith, Carney & Co P.C. has been in business since 1984.