Billy Covington - Independent Agent
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Billy Covington - Independent Agent this business | $806K | — |
| CLM & ASSOCIATES LLC Perkins · 6 employees | $979K | 4.1 mi |
| Casey Martin, Farmers Insurance Agent Perkins | $806K | 4.1 mi |
| CATASTROPHE CLAIMS SERVICES INC. Stillwater · 1 employees | $430K | 4.1 mi |
| R Billy Covington Agency - Farmers Insurance Stillwater | $806K | 4.5 mi |
| Roofers Choice Perkins | $806K | 4.7 mi |
| MCBRIDE AGENCY LLC Stillwater · 1 employees | $200K | 4.9 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 | $411K – $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 | $371K – $1.0M |
| EBITDA range | $143K – $387K |
| 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
About Billy Covington - Independent Agent
Billy Covington - Independent Agent is an insurance agencies company in Stillwater, Oklahoma. Its estimated annual revenue is about $806K, with roughly $310K of EBITDA. Its estimated business value is $1.1M (likely range $411K–$1.7M).
Common questions
- Who owns Billy Covington - Independent Agent?
- The owner of Billy Covington - Independent Agent 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 Billy Covington - Independent Agent make?
- SeeBITDA estimates Billy Covington - Independent Agent's annual revenue at about $806K (likely between $371K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Billy Covington - Independent Agent worth?
- About $1.1M, roughly 3.6× its estimated EBITDA of $310K, typical for a insurance agencies company its size. Likely range: $411K–$1.7M.