Edison Electric
How we got $2.8M
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 52 years (since 1974)
From public records and the company's website, not a statement that it's for sale.
What they do
Edison Electric is a locally owned electrical contractor serving the greater Tulsa-Metro area, providing installations and electrical services for homes, businesses and multifamily projects.
From the company's website. Industry: Electricians.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- WILLIAMS CONSTRUCTION CO · Pryor, 43 mi · $196.8M
- THE ROSS GROUP · Tulsa, 13 mi · $167.3M
- VAN EATON READY MIX, INC. · Shawnee, 70 mi · $149.4M
- JENKINS CONSTRUCTION SERVICES, INC · Muskogee, 42 mi · $141.0M
- GREEN COUNTRY INTERIORS INC · Tulsa, 10 mi · $138.5M
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| EDISON ELECTRIC this business | $9.9M | — |
| CAMPBELLS HEAT & AIR CONDITIONING LLC Bixby · 4 employees | $1.4M | 1.0 mi |
| RADICAL SOLAR ENERGY LLC Bixby · 1 employees | $453K | 1.0 mi |
| QUALITY HEATING & COOLING, LLC Glenpool · 21 employees | $6.3M | 1.3 mi |
| CREEK ENVIRONMENTAL SOLUTIONS LLC Jenks · 1 employees | $256K | 1.6 mi |
| MAVERICK ELECTRIC, LLC Glenpool · 5 employees | $1.0M | 1.6 mi |
| MK2 VENTURES, LLC Bixby · 7 employees | $1.4M | 2.8 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.4M |
| Estimate: the two combined (geometric mean) | $9.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $921K |
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 | $2.8M |
| Multiple for this size and industry | 3× |
| Value range | $1.5M – $3.8M |
| Revenue range | $6.5M – $11.3M |
| EBITDA range | $606K – $1.0M |
| 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
History & advisors
“Locally owned and operated by fourth-generation electricians, Edison is one of the longest tenured electrical contracting firms in the state.”
Advisors
- BankingMabrey 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
| Mabrey Bank PPP 2020 | All 851 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 | $275K | 35 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Edison Electric
Edison Electric is an electricians company in Jenks, Oklahoma, in business since 1974. Its estimated annual revenue is about $9.9M, with roughly $921K of EBITDA. It has about 35 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M).
Common questions
- Who owns Edison Electric?
- The owner of Edison Electric 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 Edison Electric make?
- SeeBITDA estimates Edison Electric's annual revenue at about $9.9M (likely between $6.5M and $11.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Edison Electric worth?
- About $2.8M, roughly 3× its estimated EBITDA of $921K, typical for a electricians company its size. Likely range: $1.5M–$3.8M.
- How many employees does Edison Electric have?
- About 35, as reported on its PPP loan.
- When was Edison Electric founded?
- Edison Electric has been in business since 1974.