Hogan Assessment Systems, Inc.
- Chris KinghamSigns company filings · Form 5500 (2025)
How we got $25.7M
Based on its 101 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 35% 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
▲ 21% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 101 | $19.4M |
| 2020 | Form 5500 | 93 | $17.9M |
| 2021 | Form 5500 | 98 | $18.9M |
| 2022 | Form 5500 | 119 | $22.9M |
| 2023 | Form 5500 | 119 | $22.9M |
| 2024 | Form 5500 | 126 | $24.3M |
| 2025 | Form 5500 | 122 | $23.5M |
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.
What we know
Signs of a sale Some signs of a sale
- In business 39 years (since 1987)
From public records and the company's website, not a statement that it's for sale.
What they do
Hogan Assessment Systems offers science-backed personality assessments for hiring and development, used by organizations to predict workplace performance.
From the company's website. Industry: Consulting.
Customers & suppliers
Customers
- Department of the Navy · federal contracts $1.1M
- Department of the Army · federal contracts $923K
- Department of Veterans Affairs · federal contracts $422K
- Department of State · federal contracts $82K
- U.S. Special Operations Command · federal contracts $45K
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- AMERICAN PIPING INSPECTION, IN · Tulsa, 11 mi · $122.0M
- WALLACE ENGINEERING - STRUCTURAL CONSULTANTS, INC · Tulsa, 0 mi · $60.8M
- AMERICAN PIPING INSPECTION INC. · Tulsa, 11 mi · $52.8M
- SGA DESIGN GROUP, P.C. · Tulsa, 1 mi · $42.2M
- GOLDEN FIELD SERVICES INC. · Tulsa, 8 mi · $41.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HOGAN ASSESSMENT SYSTEMS, INC. this business | $34.9M | — |
| Redmond Growth Coaching | Tulsa Business Consulting Tulsa | $1.1M | 0.1 mi |
| BRACHEL MARKETING, LLC Tulsa | $4.4M | 0.1 mi |
| FORMULA ENERGY SERVICES LLC Tulsa · 25 employees | $8.6M | 0.1 mi |
| GURUSTU, LLC Tulsa · 5 employees | $1.1M | 0.2 mi |
| PRACTICE EVOLUTIONS LLC Tulsa · 20 employees | $7.6M | 0.2 mi |
| GUARDIAN ENERGY CONSULTANTS, INC. Tulsa · 6 employees | $2.3M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 101 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $26.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $35.2M |
| Estimate: the two combined (geometric mean) | $34.9M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $4.7M |
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 | $25.7M |
| Multiple for this size and industry | 5.5× |
| Value range | $13.5M – $35.2M |
| Revenue range | $22.9M – $39.8M |
| EBITDA range | $3.1M – $5.3M |
| Industry (NAICS) | Human Resources Consulting Services (541612) |
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
“Since our 1987 founding, we’ve assessed more than 14 million people around the world, but we’re still independent—which means we stay true to our founding principles of social justice and helping people and organizations succeed using data-driven talent insights.”
Advisors
- AccountingForvis Mazars LLPAudits its 401(k) plan (2025 filing)
- BankingProsperity 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
| Prosperity Bank PPP 2020 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $2.1M | 101 |
2 locations
| 11 S GREENWOOD AVE | Tulsa | This listing |
| 2622 E 21st St S | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hogan Assessment Systems, Inc.
Hogan Assessment Systems, Inc. is a consulting company in Tulsa, Oklahoma, in business since 1987. It is owned by Robert Hogan (Owner and President). Its estimated annual revenue is about $34.9M, with roughly $4.7M of EBITDA. It has about 122 employees. Its estimated business value is $25.7M (likely range $13.5M–$35.2M). It has 2 locations.
Common questions
- Who owns Hogan Assessment Systems, Inc.?
- Hogan Assessment Systems, Inc. is owned by Robert Hogan (Owner and President), according to public sources such as the company's website or filings.
- How much revenue does Hogan Assessment Systems, Inc. make?
- SeeBITDA estimates Hogan Assessment Systems, Inc.'s annual revenue at about $34.9M (likely between $22.9M and $39.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hogan Assessment Systems, Inc. worth?
- About $25.7M, roughly 5.5× its estimated EBITDA of $4.7M, typical for a consulting company its size. Likely range: $13.5M–$35.2M.
- How many employees does Hogan Assessment Systems, Inc. have?
- About 122, from its 2025 retirement-plan filing.
- When was Hogan Assessment Systems, Inc. founded?
- Hogan Assessment Systems, Inc. has been in business since 1987.