Phillips Murrah, PC
How we got $30.4M
Based on its 102 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 40 years (since 1986)
From public records and the company's website, not a statement that it's for sale.
What they do
Phillips Murrah P.C. is a full-service law firm with offices in Oklahoma City and Dallas, offering litigation and transactional legal counsel to businesses and individuals.
From the company's website. Industry: Law firms.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- CLAIMS MANAGEMENT RESOURCES · Oklahoma City, 1 mi · $84.4M
- NIEMANN AND ASSOCIATES, LLC · Oklahoma City, 6 mi · $64.7M
- NATIONAL STUDENT SERVICES, INC. · Stillwater, 50 mi · $38.5M
- KIRK FUQUA INSURANCE AGENCY INC · Edmond, 12 mi · $20.1M
- KEMPTON GROUP HOLDINGS INC. · Oklahoma City, 9 mi · $20.0M
- ESKRIDGE AUTO GROUP, INC. · Oklahoma City, 9 mi · $314.9M
- HUDIBURG CHEVROLET, LLC · Midwest City, 6 mi · $278.6M
- FERGUSON PONTIAC-GMC, INC. · Norman, 15 mi · $266.8M
- FOWLER OF NORMAN INC · Norman, 15 mi · $243.0M
- BADGER VALLEY INVESTMENTS, LLC · Pauls Valley, 53 mi · $223.5M
Estimated value over time
▲ 26% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 11% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 102 | $28.3M |
| 2020 | Form 5500 | 99 | $27.5M |
| 2021 | Form 5500 | 93 | $25.8M |
| 2022 | Form 5500 | 95 | $26.4M |
| 2023 | Form 5500 | 94 | $26.1M |
| 2024 | Form 5500 | 91 | $25.3M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PHILLIPS MURRAH, PC this business | $46.3M | — |
| Arnesen Law PLLC Oklahoma City | $948K | 0.1 mi |
| LAWRENCE E DAVIS, PC Oklahoma City · 8 employees | $2.3M | 0.1 mi |
| CHARLES F. ALDEN, III, INC., A PROFESSIONAL CORPORATION Oklahoma City · 1 employees | $298K | 0.1 mi |
| MILLER DOLLARHIDE, PC Oklahoma City · 5 employees | $1.6M | 0.1 mi |
| WOODWARD LAW FIRM, P.L.L.C. Oklahoma City · 1 employees | $364K | 0.1 mi |
| TED N. POOL, PLLC Oklahoma City · 4 employees | $1.5M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 102 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $39.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $41.8M |
| Estimate: the two combined (geometric mean) | $46.3M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $6.2M |
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 | $30.4M |
| Multiple for this size and industry | 4.9× |
| Value range | $16.0M – $41.6M |
| Revenue range | $30.5M – $52.8M |
| EBITDA range | $4.1M – $7.1M |
| Industry (NAICS) | Offices of Lawyers (541110) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Our Firm was founded in 1986 with one guiding vision: Empower clients with the fresh insight, unique perspective, and strategic legal counsel necessary to achieve and maintain a competitive edge.”
Advisors
- AccountingHogan Taylor, LLPAudits its 401(k) plan (2024 filing)
- BankingMidFirst BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $2.2M | 102 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Phillips Murrah, PC
Phillips Murrah, PC is a law firms company in Oklahoma City, Oklahoma, in business since 1986. It is owned by Maria Stafford (President). Its estimated annual revenue is about $46.3M, with roughly $6.2M of EBITDA. It has about 91 employees. Its estimated business value is $30.4M (likely range $16.0M–$41.6M).
Common questions
- Who owns Phillips Murrah, PC?
- Phillips Murrah, PC is owned by Maria Stafford (President), according to public sources such as the company's website or filings.
- How much revenue does Phillips Murrah, PC make?
- SeeBITDA estimates Phillips Murrah, PC's annual revenue at about $46.3M (likely between $30.5M and $52.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Phillips Murrah, PC worth?
- About $30.4M, roughly 4.9× its estimated EBITDA of $6.2M, typical for a law firms company its size. Likely range: $16.0M–$41.6M.
- How many employees does Phillips Murrah, PC have?
- About 91, from its 2024 retirement-plan filing.
- When was Phillips Murrah, PC founded?
- Phillips Murrah, PC has been in business since 1986.