SeeBITDAOklahoma

Titus Hillis & Reynolds, P.C.

Estimated valueMedium confidence
$4.0M
$2.1Mlikely range$5.5M
About 3.4× its yearly profit, typical for a company this size in its industry.
Revenue
$7.3M
a year
Profit (EBITDA)
$1.2M
16% of revenue
Employees
19
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $4.0M

Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.

19 employees × $292K each$5.5M
PPP payroll ÷ payroll's usual share of revenue$7.3M
Shown toward the top of its range×1.14
Revenue$7.3M
× 16% profit margin$1.2M
× 3.4 sale multiple = value$4.0M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner not found

Signs of a sale Unlikely to sell soon

  • In business 23 years (since 2003)

From public records and the company's website, not a statement that it's for sale.

What they do

Titus Hillis Reynolds Love is a Tulsa, Oklahoma law firm offering business and personal legal services to businesses and individuals. Its attorneys represent international, national, and regional businesses.

Products & services
Trial, litigation, transactional, and legal consulting servicesBusiness Administrative LawAppeals and WritsBanking and FinanceBankruptcyBusiness Mergers and AcquisitionsCommercial LawContract LawCopyright, Trademark, and InfringementDirector and Officer DefenseDram Shop LiabilityEnvironmental Law
Markets served
businessesindividuals
Service area
Tulsa, Oklahomainternational, national, and regional businesses

From the company's website. Industry: Law firms.

Estimated value over time

▲ 26% since 2020
$0$2.6M$5.2M202020212022202320242026

Today'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

▲ 16% since 2020
01325202020212022202320241922
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan19$5.3M$864K
2020Form 550020$5.6M$910K
2021Form 550021$5.8M$955K
2022Form 550021$5.8M$955K
2023Form 550021$5.8M$955K
2024Form 550022$6.1M$1.0M

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

BusinessEst. revenueEst. profitDistance
TITUS HILLIS & REYNOLDS, P.C.
this business
$7.3M$1.2M—
DOUGLAS E STALL PLLC
Tulsa · 2 employees
$451K$105K0.0 mi
JONES, GOTCHER & BOGAN, P.C.
Tulsa · 16 employees
$6.0M$979K0.0 mi
MCDONALD & KINDELT, LLP
Tulsa · 3 employees
$1.4M$276K0.0 mi
MULLICAN & HART, P.C.
Tulsa · 14 employees
$3.9M$643K0.0 mi
THE HIRD LAW FIRM A PROFESSIONAL LIMITED
Tulsa · 1 employees
$295K$69K0.0 mi
Holden Litigation
Tulsa
$948K$188K0.0 mi

The full calculation

Employees reported to the SBA19
Revenue from headcount (employees × revenue per employee for companies this size)$5.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$7.3M
Estimate: the two combined (geometric mean)$7.3M
EBITDA margin (industry, adjusted for size)16%
EBITDA = revenue × margin$1.2M

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$4.0M
Multiple for this size and industry3.4×
Value range$2.1M – $5.5M
Revenue range$4.8M – $8.3M
EBITDA range$783K – $1.4M
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

Advisors

  • BankingSecurity 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

Security Bank
PPP 2020
All 617 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/4/2020first$354K$356K19Security Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Titus Hillis & Reynolds, P.C.

Titus Hillis & Reynolds, P.C. is a law firms company in Tulsa, Oklahoma, in business since 2003. Its estimated annual revenue is about $7.3M, with roughly $1.2M of EBITDA. It has about 22 employees. Its estimated business value is $4.0M (likely range $2.1M–$5.5M).

Common questions

Who owns Titus Hillis & Reynolds, P.C.?
The owner of Titus Hillis & Reynolds, P.C. 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 Titus Hillis & Reynolds, P.C. make?
SeeBITDA estimates Titus Hillis & Reynolds, P.C.'s annual revenue at about $7.3M (likely between $4.8M and $8.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Titus Hillis & Reynolds, P.C. worth?
About $4.0M, roughly 3.4× its estimated EBITDA of $1.2M, typical for a law firms company its size. Likely range: $2.1M–$5.5M.
How many employees does Titus Hillis & Reynolds, P.C. have?
About 22, from its 2024 retirement-plan filing.
When was Titus Hillis & Reynolds, P.C. founded?
Titus Hillis & Reynolds, P.C. has been in business since 2003.