Coulter & Company
How we got $21.1M
Based on its 66 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
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 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
▼ 39% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 66 | $25.0M |
| 2020 | Form 5500 | 44 | $16.7M |
| 2021 | Form 5500 | 40 | $15.2M |
| 2022 | Form 5500 | 35 | $13.3M |
| 2023 | Form 5500 | 34 | $12.9M |
| 2024 | Form 5500 | 40 | $15.2M |
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 |
|---|---|---|
| COULTER & COMPANY this business | $32.8M | — |
| SOLAR AUTOGLASS, INC. Catoosa · 225 employees | $110.1M | 4.2 mi |
| OWASSO GLASS, INC. Collinsville · 2 employees | $470K | 7.1 mi |
| C & C CUSTOM GLASS AND TEMPERING, LLC Tulsa · 2 employees | $724K | 11.5 mi |
| CAMERON GLASS INC Broken Arrow · 131 employees | $59.1M | 12.5 mi |
The full calculation
| Employees reported to the SBA | 66 |
| 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 industry | 5.5× |
| 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
“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
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $574K | 66 |
| 1/16/2021 | second | $574K | 66 |
Public records
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.