State Farm Insurance
How we got $8.3M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 31 years (since 1995)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| State Farm Insurance this business | $5.7M | — |
| State Farm Lawton | $815K | 0.4 mi |
| NANCY HOLCOMB INSURANCE AGENCY, INC Lawton · 3 employees | $799K | 0.8 mi |
| Johnnie Scheid - State Farm Insurance Agent Lawton | $815K | 1.0 mi |
| BANNON INSURANCE AGENCY, INC Lawton · 2 employees | $548K | 1.0 mi |
| Farmers Insurance - Beverly Houston Lawton | $815K | 1.1 mi |
| ABC Medicare & Health Insurance Agency Lawton | $815K | 1.1 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 | $8.3M |
| Multiple for this size and industry | 5.4× |
| Value range | $3.1M – $12.5M |
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 – $7.1M |
| EBITDA range | $710K – $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
6 locations
| 20 NW 67th St | Lawton | This listing |
| 608 S Park Dr | Broken Bow | View |
| 105 E Oklahoma Ave | Guthrie | View |
| 250 SE 4th St | Oklahoma City | View |
| 7105 W Hefner Rd Ste B | Oklahoma City | View |
| 605 S Mission St | Sapulpa | 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 State Farm Insurance
State Farm Insurance is an insurance agencies company in Lawton, Oklahoma, in business since 1995. Its estimated annual revenue is about $5.7M, with roughly $1.5M of EBITDA. Its estimated business value is $8.3M (likely range $3.1M–$12.5M). It has 6 locations.
Common questions
- Who owns State Farm Insurance?
- The owner of State Farm 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 State Farm Insurance make?
- SeeBITDA estimates State Farm Insurance's annual revenue at about $5.7M (likely between $2.6M and $7.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is State Farm Insurance worth?
- About $8.3M, roughly 5.4× its estimated EBITDA of $1.5M, typical for a insurance agencies company its size. Likely range: $3.1M–$12.5M.
- When was State Farm Insurance founded?
- State Farm Insurance has been in business since 1995.