Stewart Stone Inc
How we got $25.5M
Based on its 43 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 43% since 2021Today'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 |
|---|---|---|
| STEWART STONE INC this business | $20.4M | — |
| STILLWATER SAND & GRAVEL CO. Stillwater · 5 employees | $2.4M | 18.2 mi |
| STEWART STONE, INC. Stillwater · 21 employees | $12.9M | 18.3 mi |
| MOUNTAIN CREEK PRODUCTS, LLC Bristow · 5 employees | $3.1M | 22.1 mi |
| SWT CONSTRUCTION LLC Wellston · 1 employees | $458K | 26.7 mi |
| LAMPROE CONSTRUCTION INC Sapulpa · 11 employees | $4.9M | 32.6 mi |
| WESTERN SIERRA RESOURCE CORP Edmond · 7 employees | $4.8M | 41.1 mi |
The full calculation
| Employees reported to the SBA | 43 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $22.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.4M |
| Estimate: the two combined (geometric mean) | $20.4M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $4.6M |
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 | $25.5M |
| Multiple for this size and industry | 5.5× |
| Value range | $13.4M – $34.9M |
| Revenue range | $13.4M – $23.3M |
| EBITDA range | $3.1M – $5.3M |
| Industry (NAICS) | Crushed and Broken Limestone Mining and Quarrying (212312) |
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 Bank & 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 Roles are as stated there and may be out of date.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
| First Bank and Trust Co PPP 2021 | All 694 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/22/2021 | second | $297K | 43 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Stewart Stone Inc
Stewart Stone Inc is a crushed and broken limestone mining and quarrying company in Cushing, Oklahoma, in business since 2026. Its estimated annual revenue is about $20.4M, with roughly $4.6M of EBITDA. It has about 43 employees. Its estimated business value is $25.5M (likely range $13.4M–$34.9M).
Common questions
- Who owns Stewart Stone Inc?
- The owner of Stewart Stone Inc 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 Stewart Stone Inc make?
- SeeBITDA estimates Stewart Stone Inc's annual revenue at about $20.4M (likely between $13.4M and $23.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Stewart Stone Inc worth?
- About $25.5M, roughly 5.5× its estimated EBITDA of $4.6M, typical for a crushed and broken limestone mining and quarrying company its size. Likely range: $13.4M–$34.9M.
- How many employees does Stewart Stone Inc have?
- About 43, as reported on its PPP loan.
- When was Stewart Stone Inc founded?
- Stewart Stone Inc has been in business since 2026.