Delta Electrical Contractors, Inc.
How we got $2.4M
Based on its 26 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 44 years (since 1982)
From public records and the company's website, not a statement that it's for sale.
What they do
Delta Electrical Contractors is a locally owned electrical contractor in Oklahoma City serving residential, commercial, industrial and municipal properties since 1982.
From the company's website. Industry: Electricians.
Customers & suppliers
Customers
- Federal Aviation Administration · federal contracts $7.1M
Estimated value over time
▲ 22% 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
▲ 8% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 26 | $5.0M |
| 2020 | Form 5500 | 22 | $4.3M |
| 2021 | Form 5500 | 23 | $4.5M |
| 2022 | Form 5500 | 23 | $4.5M |
| 2023 | Form 5500 | 24 | $4.7M |
| 2024 | Form 5500 | 28 | $5.4M |
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 |
|---|---|---|
| DELTA ELECTRICAL CONTRACTORS, INC. this business | $8.5M | — |
| Comfort Advantage Heating and Cooling Oklahoma City | $1.8M | 0.1 mi |
| OK COMFORT GROUP INC Oklahoma City · 11 employees | $3.5M | 0.1 mi |
| SPAETH INC Oklahoma City · 12 employees | $4.2M | 0.2 mi |
| Harrison Energy Partners Oklahoma City | $3.7M | 0.3 mi |
| AADVANCED AIR FILTRATION LLC Oklahoma City · 4 employees | $1.8M | 0.4 mi |
| TANDEM ELECTRIC COMPANY LLC Oklahoma City · 2 employees | $368K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.4M |
| Estimate: the two combined (geometric mean) | $8.5M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $792K |
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 | $2.4M |
| Multiple for this size and industry | 3× |
| Value range | $1.2M – $3.2M |
| Revenue range | $5.6M – $9.7M |
| EBITDA range | $521K – $903K |
| 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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Delta Electrical Contractors, Inc. was founded in 1982 as a full service electrical contracting firm.”
Advisors
- BankingMidFirst 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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/22/2020 | first | $274K | 26 |
| 1/23/2021 | second | $306K | 23 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Delta Electrical Contractors, Inc.
Delta Electrical Contractors, Inc. is an electricians company in Oklahoma City, Oklahoma, in business since 1982. Its estimated annual revenue is about $8.5M, with roughly $792K of EBITDA. It has about 28 employees. Its estimated business value is $2.4M (likely range $1.2M–$3.2M).
Common questions
- Who owns Delta Electrical Contractors, Inc.?
- The owner of Delta Electrical Contractors, 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 Delta Electrical Contractors, Inc. make?
- SeeBITDA estimates Delta Electrical Contractors, Inc.'s annual revenue at about $8.5M (likely between $5.6M and $9.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Delta Electrical Contractors, Inc. worth?
- About $2.4M, roughly 3× its estimated EBITDA of $792K, typical for a electricians company its size. Likely range: $1.2M–$3.2M.
- How many employees does Delta Electrical Contractors, Inc. have?
- About 28, from its 2024 retirement-plan filing.
- When was Delta Electrical Contractors, Inc. founded?
- Delta Electrical Contractors, Inc. has been in business since 1982.