Delco Electric, Inc.
How we got $6.5M
Based on 94 employees on its 2025 401(k) filing.
What we know
Estimated value over time
▼ 3% 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
▼ 22% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 121 | $23.4M |
| 2020 | Form 5500 | 108 | $20.9M |
| 2021 | Form 5500 | 96 | $18.6M |
| 2022 | Form 5500 | 93 | $18.0M |
| 2023 | Form 5500 | 82 | $15.9M |
| 2024 | Form 5500 | 106 | $20.5M |
| 2025 | Form 5500 | 94 | $18.2M |
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 |
|---|---|---|
| DELCO ELECTRIC, INC. this business | $20.7M | — |
| SOUTHWEST TAB & COMMISSIONING LLC Oklahoma City · 20 employees | $5.0M | 0.0 mi |
| ROBERT MALLETT, INC. Oklahoma City · 8 employees | $1.6M | 0.3 mi |
| ASAP Heating & Air OKC Edmond | $937K | 0.4 mi |
| MICK'S VAULT WORKS, LLC Edmond · 16 employees | $6.4M | 0.5 mi |
| Oklahoma Central Air Oklahoma City | $937K | 0.6 mi |
| PRO TECH MECHANICAL INC Oklahoma City · 15 employees | $5.7M | 0.6 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $6.5M |
| Multiple for this size and industry | 3.6× |
| Value range | $4.1M – $11.6M |
| Employees in its retirement plan (2025 Form 5500) | 94 |
| Industry revenue per employee | $194K |
| Revenue = employees × revenue per employee | $20.7M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.8M |
| For comparison: employees reported for PPP (2020) | 121 |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $16.5M – $31.0M |
| EBITDA range | $1.4M – $2.7M |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
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. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- AccountingSmith CarneyAudits its 401(k) plan (2022 filing)
- BankingPrime 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
| Prime Bank PPP 2020 | All 79 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $1.2M | 121 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Delco Electric, Inc.
Delco Electric, Inc. is an electricians company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $20.7M, with roughly $1.8M of EBITDA. It has about 94 employees. Its estimated business value is $6.5M (likely range $4.1M–$11.6M).
Common questions
- Who owns Delco Electric, Inc.?
- The owner of Delco Electric, 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 Delco Electric, Inc. make?
- SeeBITDA estimates Delco Electric, Inc.'s annual revenue at about $20.7M (likely between $16.5M and $31.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Delco Electric, Inc. worth?
- About $6.5M, roughly 3.6× its estimated EBITDA of $1.8M, typical for a electricians company its size. Likely range: $4.1M–$11.6M.
- How many employees does Delco Electric, Inc. have?
- About 94, from its 2025 retirement-plan filing.