Founded in 1926 as a small auto insurer, Nationwide Mutual Insurance is now one of the country’s more diversified financial services companies: Its products include car, motorcycle, homeowners, pet, farm, life, and commercial insurance as well as annuities, mutual funds, retirement plans, and specialty health services. The company reported record-high total sales and premiums in 2021, as year-over-year revenue grew 13%. Nationwide also invested $350 million in financial and insurance startups in 2021. It expanded its eco-friendly portfolio over the course of the year, too, investing $173 million in renewable energy and $375 million in green bonds. The company says its own carbon footprint has decreased by almost 40% per square foot since 2010.
Courtesy of Nationwide
Company Information
As of 4/4/23
Country
U.S.
Headquarters
Columbus, Ohio
Industry
Insurance: Property and Casualty (Mutual)
CEO
Kirt A. Walker
Website
Company Type
Private
Ticker
-
Revenues ($M)
$47,376
Profits ($M)
$1,617
Market Value ($M)
-
Employees
24,134
Figures are for fiscal year ended Dec. 31, 2021.
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$47,376
13%
Profits ($M)
$1,617.2
-
Assets ($M)
$278,412.2
-
Total Stockholder Equity ($M)
$18,021.7
-
Profit Ratios
Profit as % of Revenues
3.4%
Profits as % of Assets
0.6%
Profits as % of Stockholder Equity
9%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
-
EPS % Change (from 2020)
-
EPS % Change (5 year annual rate)
-
EPS % Change (10 year annual rate)
-
Total Return
Total Return to Investors (2021)
-
Total Return to Investors (5 year, annualized)
-
Total Return to Investors (10 year, annualized)
-
Nationwide Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2021 | $41,929.8-4.7% | $-138.4-116.7% | $256,589.3 | $16,485.4 |
| 2020 | $43,9821.6% | $829.761.9% | $239,539.6 | $16,271.2 |
| 2019 | $43,270-1.5% | $512.6107.9% | $214,141.9 | $14,478.1 |
| 2018 | $43,939.99.6% | $246.5-26.2% | $221,256.9 | $14,741.2 |
| 2017 | $40,074-0.4% | $334.3-42.4% | $197,790 | $15,537 |
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