Duncan, Onley & Watkins, PC
How we got $1.0M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 24% 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 |
|---|---|---|
| DUNCAN, ONLEY & WATKINS, PC this business | $1.6M | — |
| DANNY K. COCHRAN CPA, PC Stillwater · 9 employees | $2.0M | 0.0 mi |
| Adran Wagner Cpa Cfp Stillwater | $735K | 0.1 mi |
| STEVEN F CUNDIFF, CPA, INC Stillwater · 3 employees | $808K | 0.1 mi |
| CUNDIFF & DEVENY ACCOUNTING SERVICES, LLC Stillwater · 2 employees | $293K | 0.1 mi |
| Celadon Companies Stillwater | $1.5M | 0.3 mi |
| SKAR ACCOUNTING, LLC Stillwater · 7 employees | $964K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $286K |
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 | $1.0M |
| Multiple for this size and industry | 3.5× |
| Value range | $527K – $1.4M |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $188K – $326K |
| Industry (NAICS) | Tax Preparation Services (541213) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
Advisors
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $89K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Duncan, Onley & Watkins, PC
Duncan, Onley & Watkins, PC is an accounting & tax company in Stillwater, Oklahoma, in business since 2018. Its estimated annual revenue is about $1.6M, with roughly $286K of EBITDA. It has about 13 employees. Its estimated business value is $1.0M (likely range $527K–$1.4M).
Common questions
- Who owns Duncan, Onley & Watkins, PC?
- The owner of Duncan, Onley & Watkins, PC 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 Duncan, Onley & Watkins, PC make?
- SeeBITDA estimates Duncan, Onley & Watkins, PC's annual revenue at about $1.6M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Duncan, Onley & Watkins, PC worth?
- About $1.0M, roughly 3.5× its estimated EBITDA of $286K, typical for a accounting & tax company its size. Likely range: $527K–$1.4M.
- How many employees does Duncan, Onley & Watkins, PC have?
- About 13, as reported on its PPP loan.
- When was Duncan, Onley & Watkins, PC founded?
- Duncan, Onley & Watkins, PC has been in business since 2018.