SeeBITDAOklahoma

State Farm Insurance

  • 3135 NW 63rd, Oklahoma City, OK
  • Since 2021
  • NAICS 5242
Estimated valueLow confidence
$1.1M
$415Klikely range$1.7M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$815K
a year
Profit (EBITDA)
$313K
38% of revenue
Employees
—
not reported
Leadership
Marcia Corcoran
Founder · source · confirmed by 2 sources

How we got $1.1M

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

A typical insurance agencies business in Oklahoma$815K
Revenue$815K
× 38% profit margin$313K
× 3.6 sale multiple = value$1.1M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

What they do

Marcia Corcoran is a State Farm insurance agent in Oklahoma City offering auto, home, life, health, pet and small business insurance, along with banking products.

Products & services
AutoHomeownersCondoRentersPersonal ArticlesBusinessLifeHealthPetBankingMotor HomesManufactured Homes
Service area
Oklahoma CityDallasOK
Certifications
Civil Air Patrol - Search and Rescue Pilot

From the company's website. Industry: Insurance agencies.

Customers & suppliers

Suppliers & brands

  • State Farm · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
State Farm Insurance
this business
$815K$313K—
AMERICAN TRUSTEE MARKETING, INC.
Oklahoma City · 1 employees
$181K$70K0.2 mi
Webb Young Webb Woolsey Liles & Tolentino
Oklahoma City
$815K$313K0.2 mi
Home Companies
Oklahoma City
$815K$313K0.3 mi
S & E SALES, LLC
Oklahoma City · 2 employees
$375K$144K0.4 mi
Midlands Injury Management
Oklahoma City
$815K$313K0.4 mi
Liberty Mutual
Oklahoma City
$815K$313K0.4 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 industry3.6×
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 State Farm Insurance

State Farm Insurance is an insurance agencies company in Oklahoma City, Oklahoma, in business since 2021. It is owned by Marcia Corcoran (Founder). 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 State Farm Insurance?
State Farm Insurance is owned by Marcia Corcoran (Founder), according to public sources such as the company's website or filings.
How much revenue does State Farm Insurance make?
SeeBITDA estimates State Farm Insurance'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 State Farm Insurance 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 State Farm Insurance founded?
State Farm Insurance has been in business since 2021.