State Farm
How we got $1.1M
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| State Farm this business | $815K | — |
| Hannah Nickell - State Farm Insurance Agent Edmond | $2.1M | 0.0 mi |
| Shawn Reeves Allstate Insurance Edmond | $815K | 0.1 mi |
| Kenneth Blevins - 1015 Waterwood Pkwy Edmond | $815K | 0.6 mi |
| The Hermes Insurance Group Llc Edmond | $815K | 0.6 mi |
| Goosehead Insurance - Jarrad Mcmillan The Mcmillan Agency Edmond | $815K | 0.6 mi |
| Knights of Columbus Insurance - Pierce Agency Edmond | $815K | 0.6 mi |
Ranges & sources
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) |
| Value range | $415K – $1.7M |
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 State Farm
State Farm is an insurance agencies company in Edmond, Oklahoma. It is owned by Dennis Chaumont (Founder). Its estimated annual revenue is about $815K, with roughly $314K of EBITDA. Its estimated business value is $1.1M (likely range $415K–$1.7M).
Common questions
- Who owns State Farm?
- State Farm is owned by Dennis Chaumont (Founder), according to public sources such as the company's website or filings.
- How much revenue does State Farm make?
- SeeBITDA estimates State Farm'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 worth?
- About $1.1M, roughly 3.6× its estimated EBITDA of $314K, typical for a insurance agencies company its size. Likely range: $415K–$1.7M.