SeeBITDAOklahoma

Farmers Insurance

  • 1419 N Main St, Altus, OK
  • 7 locations
  • Since 2000
Estimated valueLow confidence
$8.2M
$3.0Mlikely range$12.4M
About 5.4× its yearly profit, typical for a company this size in its industry.
Revenue
$5.6M
a year
Profit (EBITDA)
$1.5M
27% of revenue
Employees
—
not reported
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $8.2M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical insurance agencies business in Oklahoma$5.6M
Revenue$5.6M
× 27% profit margin$1.5M
× 5.4 sale multiple = value$8.2M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found
7 locations found

Signs of a sale Some signs of a sale

  • In business 26 years (since 2000)

From public records and the company's website, not a statement that it's for sale.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Farmers Insurance
this business
$5.6M$1.5M—
GAALLAGHER BURRELL INSURANCE AGENCY, LLC
Altus · 4 employees
$854K$280K0.0 mi
Glen Goforth - Farmers Insurance
Altus
$806K$310K0.0 mi
THE STOREHOUSE SERVICES INC
Altus · 5 employees
$752K$247K0.2 mi
Insureyourcattle
Altus
$806K$310K0.2 mi
Cattlemens Choice Insurance
Altus
$806K$310K0.2 mi
Farmers Insurance - Sarah Wheeler
Altus
$806K$310K0.5 mi

The full calculation

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$8.2M
Multiple for this size and industry5.4×
Value range$3.0M – $12.4M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Agencies, brokerages, and other insurance related activities businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (27%). Treat these as a rough guide.

Revenue range$2.6M – $7.0M
EBITDA range$703K – $1.9M
Industry (NAICS)Agencies, brokerages, and other insurance related activities (5242)

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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

7 locations

1419 N Main StAltusThis listing
109 S 11th StCollinsvilleView
115 N 12th AveDurantView
1708 S Kelly AveEdmondView
2303 Westpark DrNormanView
13316 S Western AveOklahoma CityView
721 S Sooner RdOklahoma CityView

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 Farmers Insurance

Farmers Insurance is an insurance agencies company in Altus, Oklahoma, in business since 2000. Its estimated annual revenue is about $5.6M, with roughly $1.5M of EBITDA. Its estimated business value is $8.2M (likely range $3.0M–$12.4M). It has 7 locations.

Common questions

Who owns Farmers Insurance?
The owner of Farmers Insurance 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 Farmers Insurance make?
SeeBITDA estimates Farmers Insurance's annual revenue at about $5.6M (likely between $2.6M and $7.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Farmers Insurance worth?
About $8.2M, roughly 5.4× its estimated EBITDA of $1.5M, typical for a insurance agencies company its size. Likely range: $3.0M–$12.4M.
When was Farmers Insurance founded?
Farmers Insurance has been in business since 2000.