Detrick Insurance Agency
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Detrick Insurance Agency is an insurance agency in Lahoma, Oklahoma offering comprehensive coverage for personal and farm needs, including home, auto, farm, boat, motorcycle, RV and life insurance.
From the company's website. Industry: Insurance agencies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Detrick Insurance Agency this business | $815K | — |
| HENDRIX INSURANCE & FINANCIAL SERVICES, INC. Enid | $777K | 7.5 mi |
| Allstate Insurance: David Burrows Enid | $815K | 8.9 mi |
| CMAC HOLDINGS LLC Enid · 1 employees | $148K | 8.9 mi |
| Evans Insurance Agency Enid | $815K | 9.0 mi |
| MANNING INSURANCE, LLC Enid · 2 employees | $750K | 9.8 mi |
| INSURANCE SERVICES NORTHWEST INC Enid · 6 employees | $1.6M | 9.9 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 | $1.1M |
| Multiple for this size and industry | 3.6× |
| Value range | $415K – $1.7M |
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 (38%). Treat these as a rough guide.
| Revenue range | $374K – $1.0M |
| EBITDA range | $144K – $392K |
| 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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Detrick Insurance Agency
Detrick Insurance Agency is an insurance agencies company in Lahoma, Oklahoma, in business since 2024. It is owned by Terry Detrick. Its estimated annual revenue is about $815K, with roughly $313K of EBITDA. Its estimated business value is $1.1M (likely range $415K–$1.7M).
Common questions
- Who owns Detrick Insurance Agency?
- Detrick Insurance Agency is owned by Terry Detrick, according to public sources such as the company's website or filings.
- How much revenue does Detrick Insurance Agency make?
- SeeBITDA estimates Detrick Insurance Agency's annual revenue at about $815K (likely between $374K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Detrick Insurance Agency worth?
- About $1.1M, roughly 3.6× its estimated EBITDA of $313K, typical for a insurance agencies company its size. Likely range: $415K–$1.7M.
- When was Detrick Insurance Agency founded?
- Detrick Insurance Agency has been in business since 2024.