Ray 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
Ray Insurance Agency is an independent insurance agency in Broken Arrow, Oklahoma that works with a range of top-rated carriers to find personal and business insurance coverage.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- Progressive · brand it sells or installs
- American Modern · brand it sells or installs
- Berkshire Hathaway · brand it sells or installs
- CNA Surety · brand it sells or installs
- Hagerty · brand it sells or installs
- Hartford · brand it sells or installs
- Humana · brand it sells or installs
- Liberty Mutual · brand it sells or installs
- National General · brand it sells or installs
- National Life · brand it sells or installs
- Nationwide · brand it sells or installs
- RLI · brand it sells or installs
- Safeco · brand it sells or installs
- Tokio Marine /HCC · brand it sells or installs
- United Healthcare · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Ray Insurance Agency this business | $806K | — |
| StaceyrayAgency Broken Arrow | $806K | 0.0 mi |
| BROKEN ARROW INSURANCE SERVICES LLC Broken Arrow · 2 employees | $278K | 0.0 mi |
| Hometown Insurance - Jada Phillips Broken Arrow | $806K | 0.0 mi |
| Conley Olson Broken Arrow | $806K | 0.1 mi |
| DC OLSON & ASSOCIATES, INC Broken Arrow · 1 employees | $375K | 0.7 mi |
| KLIMAS & ASSOCIATES INC. Broken Arrow · 1 employees | $299K | 2.2 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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ray Insurance Agency
Ray Insurance Agency is an insurance agencies company in Broken Arrow, Oklahoma, in business since 2024. It is owned by Heidi Ray (Owner / Agent). 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 Ray Insurance Agency?
- Ray Insurance Agency is owned by Heidi Ray (Owner / Agent), according to public sources such as the company's website or filings.
- How much revenue does Ray Insurance Agency make?
- SeeBITDA estimates Ray Insurance Agency'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 Ray Insurance Agency 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.
- When was Ray Insurance Agency founded?
- Ray Insurance Agency has been in business since 2024.