Stephenson Wholesale Co., Inc.
How we got $50.7M
Based on its 251 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 9% 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
▼ 25% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 251 | $180.4M |
| 2020 | Form 5500 | 196 | $140.9M |
| 2021 | Form 5500 | 195 | $140.2M |
| 2022 | Form 5500 | 177 | $127.2M |
| 2023 | Form 5500 | 198 | $142.3M |
| 2024 | Form 5500 | 189 | $135.8M |
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 |
|---|---|---|
| STEPHENSON WHOLESALE CO., INC. this business | $222.8M | — |
| M&M TRADING INC Durant · 13 employees | $18.7M | 0.2 mi |
| AQUA ACCESSORIES, LLC Durant · 2 employees | $2.0M | 1.2 mi |
| VALLES INC Durant · 9 employees | $13.2M | 1.7 mi |
| CRENSHAW CHEMICAL & FERTILIZER LLC Colbert · 2 employees | $4.6M | 10.6 mi |
| BIG CATS GYMNASTICS, LLC. Atoka · 2 employees | $2.4M | 31.3 mi |
| THE FLOWER GARDEN, LLC Coalgate · 2 employees | $1.6M | 39.1 mi |
The full calculation
| Employees reported to the SBA | 251 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $207.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $184.4M |
| Estimate: the two combined (geometric mean) | $222.8M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $8.2M |
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 | $50.7M |
| Multiple for this size and industry | 6.2× |
| Value range | $26.7M – $69.4M |
| Revenue range | $146.6M – $254.1M |
| EBITDA range | $5.4M – $9.3M |
| Industry (NAICS) | Other Miscellaneous Nondurable Goods Merchant Wholesalers (424990) |
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
- MWMelanie WatkinsSigned for the company · 2023 retirement-plan filing (Form 5500)
Advisors
- AccountingBdo Usa, P.C.Audits its 401(k) plan (2024 filing)
- BankingMidFirst 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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $2.7M | 251 |
2 locations
| 230 So 22nd Avenue | Durant | This listing |
| 1748 Atchison Dr | Norman | 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 Stephenson Wholesale Co., Inc.
Stephenson Wholesale Co., Inc. is an other miscellaneous nondurable goods merchant wholesalers company in Durant, Oklahoma. It is owned by Ron Cross (President and Chief Executive Officer). Its estimated annual revenue is about $222.8M, with roughly $8.2M of EBITDA. It has about 189 employees. Its estimated business value is $50.7M (likely range $26.7M–$69.4M). It has 2 locations.
Common questions
- Who owns Stephenson Wholesale Co., Inc.?
- Stephenson Wholesale Co., Inc. is owned by Ron Cross (President and Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does Stephenson Wholesale Co., Inc. make?
- SeeBITDA estimates Stephenson Wholesale Co., Inc.'s annual revenue at about $222.8M (likely between $146.6M and $254.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Stephenson Wholesale Co., Inc. worth?
- About $50.7M, roughly 6.2× its estimated EBITDA of $8.2M, typical for a other miscellaneous nondurable goods merchant wholesalers company its size. Likely range: $26.7M–$69.4M.
- How many employees does Stephenson Wholesale Co., Inc. have?
- About 189, from its 2024 retirement-plan filing.