SeeBITDAOklahoma

Coulter & Company

Flat Glass Manufacturing
  • 13711 E 66TH ST N, Owasso, OK
  • Since 1985
Estimated valueMedium confidence
$21.1M
$11.1Mlikely range$28.9M
About 5.5× its yearly profit, typical for a company this size in its industry.
Revenue
$32.8M
a year
Profit (EBITDA)
$3.8M
12% of revenue
Employees
66
reported in 2020
Tommy Coulter
Owner · source · LinkedIn
Likely to sell

How we got $21.1M

Based on its 66 employees and its payroll, both reported for PPP in 2020 and brought up to date.

66 employees × $449K each$29.7M
PPP payroll ÷ payroll's usual share of revenue$27.9M
Shown toward the top of its range×1.14
Revenue$32.8M
× 12% profit margin$3.8M
× 5.5 sale multiple = value$21.1M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner named
Trucking registration (FMCSA)

Signs of a sale Likely to sell

  • In business 41 years (since 1985)
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

Coulter & Company is a Tulsa, Oklahoma based commercial glass contractor in business since 1985, specializing in installing architectural glass and aluminum systems for commercial projects.

Products & services
Prefabricated frames, doors, hardware, break metal, and glazingFabrication facilityProject management
Markets served
Commercial
Service area
Tulsa, OklahomaOklahomaOwasso, OK
Certifications
OSHA 30CPRDOT Healthcards

From the company's website. Industry: Flat Glass Manufacturing.

Customers & suppliers

Customers

  • NOMA · named on its website
  • Okmulgee County Courthouse · named on its website
  • Catoosa Cherokee Elementary School · named on its website
  • Kay County Courthouse · named on its website
  • Grand River Dam Authority · named on its website
  • Tulsa Rehabilitation Hospital · named on its website
  • Simmons Pet Foods · named on its website
  • 1515 Lofts · named on its website
  • Vanguard Academy · named on its website
  • YMCA · named on its website
  • Rosewood Elementary · named on its website
  • Chase · named on its website
  • Arvest · named on its website
  • Stroud Middle School · named on its website
  • Everest Rehab Hospital · named on its website

Suppliers & brands

  • Kawneer · brand it sells or installs
  • YKK · brand it sells or installs
  • Manko · brand it sells or installs
  • Tubelite · brand it sells or installs
  • Oldcastle · brand it sells or installs

Estimated value over time

▲ 17% since 2020
$0$12.1M$24.3M202020212022202320242026

Today'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

▼ 39% since 2020
050100202020212022202320246640
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan66$25.0M$2.9M
2020Form 550044$16.7M$2.0M
2021Form 550040$15.2M$1.8M
2022Form 550035$13.3M$1.6M
2023Form 550034$12.9M$1.5M
2024Form 550040$15.2M$1.8M

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

BusinessEst. revenueEst. profitDistance
COULTER & COMPANY
this business
$32.8M$3.8M—
SOLAR AUTOGLASS, INC.
Catoosa · 225 employees
$110.1M$11.3M4.2 mi
OWASSO GLASS, INC.
Collinsville · 2 employees
$470K$95K7.1 mi
C & C CUSTOM GLASS AND TEMPERING, LLC
Tulsa · 2 employees
$724K$147K11.5 mi
CAMERON GLASS INC
Broken Arrow · 131 employees
$59.1M$6.9M12.5 mi

The full calculation

Employees reported to the SBA66
Revenue from headcount (employees × revenue per employee for companies this size)$29.7M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$27.9M
Estimate: the two combined (geometric mean)$32.8M
EBITDA margin (industry, adjusted for size)12%
EBITDA = revenue × margin$3.8M

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$21.1M
Multiple for this size and industry5.5×
Value range$11.1M – $28.9M
Revenue range$21.6M – $37.4M
EBITDA range$2.5M – $4.4M
Industry (NAICS)Flat Glass Manufacturing (327211)

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

Founded 1985
“In 1983 their daughter Megan was a new addition to the family and in 1985 Ken and Brenda opened Coulter & Company, a commercial glass contractor with an emphasis on traveling to install projects.”

Advisors

  • BankingFirst Bank of OwassoPPP / 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 of Owasso
PPP 2020, PPP 2021
All 426 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/3/2020first$574K$578K66First Bank of Owasso
1/16/2021second$574K$579K66First Bank of Owasso

Public records

DOT motor carrier
USDOT 2205819
Trucks (power units)15
Drivers19
Miles (2020)332,270
Registered with DOT2011

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Coulter & Company

Coulter & Company is a flat glass manufacturing company in Owasso, Oklahoma, in business since 1985. It is owned by Tommy Coulter. Its estimated annual revenue is about $32.8M, with roughly $3.8M of EBITDA. It has about 40 employees. Its estimated business value is $21.1M (likely range $11.1M–$28.9M).

Common questions

Who owns Coulter & Company?
Coulter & Company is owned by Tommy Coulter, according to public sources such as the company's website or filings.
How much revenue does Coulter & Company make?
SeeBITDA estimates Coulter & Company's annual revenue at about $32.8M (likely between $21.6M and $37.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Coulter & Company worth?
About $21.1M, roughly 5.5× its estimated EBITDA of $3.8M, typical for a flat glass manufacturing company its size. Likely range: $11.1M–$28.9M.
How many employees does Coulter & Company have?
About 40, from its 2024 retirement-plan filing.
When was Coulter & Company founded?
Coulter & Company has been in business since 1985.
Is Coulter & Company for sale?
There's no public listing, but it shows signs that often come before a sale: in business 41 years (since 1985); no family successor named on its website.