Libra Electric Company
How we got $6.6M
Based on its 53 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▼ 4% 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
▲ 2% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 53 | $10.3M |
| 2020 | Form 5500 | 67 | $13.0M |
| 2021 | Form 5500 | 55 | $10.7M |
| 2022 | Form 5500 | 64 | $12.4M |
| 2023 | Form 5500 | 60 | $11.6M |
| 2024 | Form 5500 | 46 | $8.9M |
| 2025 | Form 5500 | 54 | $10.5M |
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 43 years (since 1983)
From public records and the company's website, not a statement that it's for sale.
What they do
Libra Electric is an Oklahoma City electrical contractor established in 1983 that performs work across Oklahoma, with a construction division for medium and large projects and a service division for emergency repairs and maintenance.
From the company's website. Industry: Electricians.
Customers & suppliers
Customers
- Federal Aviation Administration · federal contracts $128K
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LIBRA ELECTRIC COMPANY this business | $21.0M | — |
| JESSE LEWIS INC Oklahoma City · 35 employees | $10.1M | 0.2 mi |
| WEATHERMAN MECHANICAL INC. Oklahoma City · 12 employees | $4.6M | 0.2 mi |
| Shawnee Lighting Oklahoma City | $1.9M | 0.3 mi |
| DANE & ASSOCIATES ELECTRIC CO. INC. Oklahoma City · 76 employees | $36.0M | 0.3 mi |
| Advanced Air Specialists Oklahoma City | $1.9M | 0.3 mi |
| AMERICAN ELEVATOR COMPANY, INC. Oklahoma City · 26 employees | $18.7M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 53 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $22.3M |
| Estimate: the two combined (geometric mean) | $21.0M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.8M |
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 | $6.6M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.5M – $9.0M |
| Revenue range | $13.8M – $24.0M |
| EBITDA range | $1.2M – $2.1M |
| 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
“Established in 1983, Libra Electric has performed work across the state of Oklahoma for over a third of a century.”
Advisors
- BankingFirst Fidelity 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
| First Fidelity Bank PPP 2021 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/4/2021 | first | $824K | 53 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Libra Electric Company
Libra Electric Company is an electricians company in Oklahoma City, Oklahoma, in business since 1983. Its estimated annual revenue is about $21.0M, with roughly $1.8M of EBITDA. It has about 54 employees. Its estimated business value is $6.6M (likely range $3.5M–$9.0M).
Common questions
- Who owns Libra Electric Company?
- The owner of Libra Electric Company 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 Libra Electric Company make?
- SeeBITDA estimates Libra Electric Company's annual revenue at about $21.0M (likely between $13.8M and $24.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Libra Electric Company worth?
- About $6.6M, roughly 3.6× its estimated EBITDA of $1.8M, typical for a electricians company its size. Likely range: $3.5M–$9.0M.
- How many employees does Libra Electric Company have?
- About 54, from its 2025 retirement-plan filing.
- When was Libra Electric Company founded?
- Libra Electric Company has been in business since 1983.