Palmetto State Armory Net Worth (Updated 2025).
Palmetto State Armory, a name now synonymous with quality and affordability in the firearms industry, began its journey in the early 2000s in the heart of South Carolina. Founded by a group of firearms enthusiasts and industry veterans, the company started as a small, local enterprise, aiming to provide high-quality, reliable firearms at competitive prices.
The turning point for Palmetto State Armory came with the introduction of their AR-15 platform rifles. They saw an opportunity in the market for an affordable, yet robust alternative to the established brands. By focusing on precision manufacturing, stringent quality control, and using top-tier components, they quickly gained a reputation for excellence. Word spread among shooters and collectors, and Palmetto State Armory’s popularity began to grow, both regionally and nationally.
Table Of Contents
- Palmetto State Armory’s Current Net Worth (2025)
- Career
- Other Ventures
- Assets
- Annual Income
- Frequently Asked Questions about Palmetto State Armory
- 1. What is Palmetto State Armory’s net worth?
- 2. When was Palmetto State Armory founded?
- 3. Where is Palmetto State Armory based?
- 4. What products does Palmetto State Armory offer?
- 5. Is Palmetto State Armory a publicly traded company?
- 6. How many employees does Palmetto State Armory have?
- 7. Does Palmetto State Armory offer online sales?
- 8. Does Palmetto State Armory have a physical store?
- 9. What is the return policy for Palmetto State Armory?
- 10. Does Palmetto State Armory ship internationally?
Palmetto State Armory’s Current Net Worth (2025)
As of 2025, Palmetto State Armory’s current net worth is estimated to be around $150 million, according to the latest available information. This figure reflects the company’s significant growth and success in the firearms industry.
Career
Palmetto State Armory was founded in 2009 by Jake Hilton and his father, Jody. The company started as a small, local gun store in South Carolina and has since grown into a major online retailer, offering a wide range of firearms, accessories, and ammunition. Today, it is one of the largest online firearms retailers in the United States.
Other Ventures
In addition to its retail operations, Palmetto State Armory also manufactures its own line of firearms under the “PSA” brand. These include the popular PA-15 rifle and the P15 pistol, among others. The company has also expanded into the ammunition market, offering a variety of calibers and types to meet the needs of its customers.
Assets
Palmetto State Armory’s assets include its extensive inventory of firearms, ammunition, and accessories, as well as its manufacturing facilities. The company also owns and operates its own distribution center, which allows it to maintain control over its supply chain and ensure timely delivery to customers. Additionally, Palmetto State Armory’s strong brand and reputation in the industry are valuable intangible assets.
Annual Income
Palmetto State Armory generates significant annual income through its online retail operations and manufacturing activities. In 2024, the company reported revenues of over $200 million, marking a substantial increase from previous years. This growth can be attributed to the company’s expanding product offerings, strong brand recognition, and effective marketing strategies.
Frequently Asked Questions about Palmetto State Armory
Frequently Asked Questions about Palmetto State Armory
1. What is Palmetto State Armory’s net worth?
Palmetto State Armory’s net worth is estimated to be around $50 million.
2. When was Palmetto State Armory founded?
Palmetto State Armory was founded in 2009.
3. Where is Palmetto State Armory based?
Palmetto State Armory is based in South Carolina, USA.
4. What products does Palmetto State Armory offer?
Palmetto State Armory offers a wide range of firearms, ammunition, and accessories. They also provide gunsmithing services and have a shooting range.
5. Is Palmetto State Armory a publicly traded company?
No, Palmetto State Armory is a privately held company.
6. How many employees does Palmetto State Armory have?
As of 2021, Palmetto State Armory employs over 150 people.
7. Does Palmetto State Armory offer online sales?
Yes, Palmetto State Armory has an online store where customers can purchase products.
8. Does Palmetto State Armory have a physical store?
Yes, Palmetto State Armory has a retail store located in West Columbia, South Carolina.
9. What is the return policy for Palmetto State Armory?
Palmetto State Armory offers a 30-day return policy for most items, provided they are in the same condition as when received.
10. Does Palmetto State Armory ship internationally?
No, Palmetto State Armory only ships within the United States and to U.S. territories.
