Smithey Environmental Services, Inc.
How we got $13.9M
Based on its 45 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 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
Smithey Environmental Services, Inc. is a Tulsa, OK waste and freight company offering roll-off containers, end-dump hauling, hazardous and non-hazardous waste transport, and mobile grinding for construction, manufacturing, municipal and other customers.
From the company's website. Industry: Solid Waste Landfill.
Customers & suppliers
Customers
- National Park Service · federal contracts $98K
Suppliers & brands
- Rotoshopper B66 Track Mounted machine · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Laredo Petroleum · Tulsa, 5 mi · $1.95B
- Aaon, Inc. · Tulsa, 3 mi · $1.44B
- JCL SAFETY SERVICES, LLC · Tulsa, 14 mi · $1.02B
- XCALIBER INTERNATIONAL, LTD · Pryor, 47 mi · $615.2M
- KELVION INC. · Catoosa, 20 mi · $614.3M
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SMITHEY ENVIRONMENTAL SERVICES, INC. this business | $19.9M | — |
| AMERICAN ENVIRONMENTAL LANDFILL, INC. Tulsa · 17 employees | $10.0M | 4.1 mi |
| AMERICAN WASTE CONTROL, INC. Tulsa · 200 employees | $116.1M | 4.1 mi |
| CAPITAL WASTE SOLUTIONS, LLC Tulsa · 8 employees | $3.6M | 8.0 mi |
| ROSENCUTTER BROS., INC. Jenks · 12 employees | $5.0M | 11.2 mi |
| SNS RESOURCES INC Tulsa · 2 employees | $1.1M | 12.1 mi |
| STOUGHCOOL LLC Broken Arrow · 6 employees | $2.3M | 17.7 mi |
The full calculation
| Employees reported to the SBA | 45 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.7M |
| Estimate: the two combined (geometric mean) | $19.9M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $2.4M |
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 | $13.9M |
| Multiple for this size and industry | 5.8× |
| Value range | $7.3M – $19.0M |
| Revenue range | $13.1M – $22.7M |
| EBITDA range | $1.6M – $2.7M |
| Industry (NAICS) | Solid Waste Landfill (562212) |
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
“Established in 1997, Smithey Environmental Services, LLC delivers reliable roll-off dumpster rental, roll-off container service, end-dump trucking, and on-site horizontal shredders/grinders for wood waste and asphalt shingles (RAS).”
Advisors
- BankingAVB 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
| AVB Bank PPP 2020 | All 309 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $488K | 45 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Smithey Environmental Services, Inc.
Smithey Environmental Services, Inc. is a solid waste landfill company in Tulsa, Oklahoma, in business since 1997. It is owned by Christopher Smithey. Its estimated annual revenue is about $19.9M, with roughly $2.4M of EBITDA. It has about 45 employees. Its estimated business value is $13.9M (likely range $7.3M–$19.0M).
Common questions
- Who owns Smithey Environmental Services, Inc.?
- Smithey Environmental Services, Inc. is owned by Christopher Smithey, according to public sources such as the company's website or filings.
- How much revenue does Smithey Environmental Services, Inc. make?
- SeeBITDA estimates Smithey Environmental Services, Inc.'s annual revenue at about $19.9M (likely between $13.1M and $22.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smithey Environmental Services, Inc. worth?
- About $13.9M, roughly 5.8× its estimated EBITDA of $2.4M, typical for a solid waste landfill company its size. Likely range: $7.3M–$19.0M.
- How many employees does Smithey Environmental Services, Inc. have?
- About 45, as reported on its PPP loan.
- When was Smithey Environmental Services, Inc. founded?
- Smithey Environmental Services, Inc. has been in business since 1997.