Dehart Air Conditioning & Electronics, Inc.
How we got $4.4M
Based on its 35 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 106 years (since 1920)
From public records and the company's website, not a statement that it's for sale.
What they do
DeHart Air Conditioning & Electronics, Inc. is a family-owned HVAC and plumbing company in Chickasha, Oklahoma, providing heating, cooling, and plumbing services to Oklahoma families and commercial properties.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Customers
- Stillwater High School · named on its website
Suppliers & brands
- Lennox · brand it sells or installs
- ClimateMaster · brand it sells or installs
Estimated value over time
▲ 36% 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 |
|---|---|---|
| DEHART AIR CONDITIONING & ELECTRONICS, INC. this business | $13.0M | — |
| ELECTRICAL TECHNOLOGIES,INC Chickasha · 13 employees | $4.6M | 0.0 mi |
| VAN DYCK MECHANICAL LLC Chickasha · 14 employees | $4.1M | 0.1 mi |
| BEN MILAM HEAT AIR & ELECTRIC, INC. Chickasha · 7 employees | $2.4M | 0.7 mi |
| Hopkins Plumbing & Heating Co Chickasha | $1.9M | 1.0 mi |
| ERSLAND STEAM & PLUMBING LLC Chickasha · 1 employees | $291K | 1.3 mi |
| DRENNAN HEAT & AIR INC Chickasha · 4 employees | $931K | 2.1 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.5M |
| Estimate: the two combined (geometric mean) | $13.0M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.2M |
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 | $4.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.3M – $6.0M |
| Revenue range | $8.6M – $14.9M |
| EBITDA range | $799K – $1.4M |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
History & advisors
“DeHart was founded in 1920 in Chickasha, OK, by Ed DeHart.”
Advisors
- BankingThe First National Bank and Trust Co, Chickasha, OklahomaPPP / 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
| The First National Bank and Trust Co, Chickasha, Oklahoma PPP 2020 | All 478 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $419K | 35 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Dehart Air Conditioning & Electronics, Inc.
Dehart Air Conditioning & Electronics, Inc. is a family-owned plumbing, heating & air company in Chickasha, Oklahoma, in business since 1920. It is owned by Seth and John (Co-owner). Its estimated annual revenue is about $13.0M, with roughly $1.2M of EBITDA. It has about 35 employees. Its estimated business value is $4.4M (likely range $2.3M–$6.0M).
Common questions
- Who owns Dehart Air Conditioning & Electronics, Inc.?
- Dehart Air Conditioning & Electronics, Inc. is owned by Seth and John (Co-owner), according to public sources such as the company's website or filings.
- How much revenue does Dehart Air Conditioning & Electronics, Inc. make?
- SeeBITDA estimates Dehart Air Conditioning & Electronics, Inc.'s annual revenue at about $13.0M (likely between $8.6M and $14.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Dehart Air Conditioning & Electronics, Inc. worth?
- About $4.4M, roughly 3.6× its estimated EBITDA of $1.2M, typical for a plumbing, heating & air company its size. Likely range: $2.3M–$6.0M.
- How many employees does Dehart Air Conditioning & Electronics, Inc. have?
- About 35, as reported on its PPP loan.
- When was Dehart Air Conditioning & Electronics, Inc. founded?
- Dehart Air Conditioning & Electronics, Inc. has been in business since 1920.