Demand for Northwestern Mutual’s products continued to grow during the pandemic’s second year. The company made $1.6 billion in new life insurance sales in 2021, up 52% from 2020, and recorded its highest-ever level of “policy-owner persistency”—the number of customers who continued to renew their coverage. With $36.8 billion in revenue in 2021, the company also announced its largest-ever dividend, distributing $6.5 billion to shareholders.
Illustration by Moukkaa

Company Information

As of 8/3/2022
Country
U.S.
Headquarters
Milwaukee
Industry
Insurance: Life, Health (Mutual)
CEO
John E. Schlifske
Company Type
Private
Ticker
-
Revenues ($M)
$36,751.2
Profits ($M)
$977.8
Market Value ($M)
-
Employees
7,585
Figures are for fiscal year ended Dec. 31, 2020. Sources: Bloomberg; S&P Global.

Key Financials (Last Fiscal Year)

$ millions
% change
Revenues ($M)
$36,751.2
8.8%
Profits ($M)
$977.8
130.1%
Assets ($M)
$334,653.8
-
Total Stockholder Equity ($M)
$29,283.2
-

Profit Ratios

Profit as % of Revenues
2.7%
Profits as % of Assets
0.3%
Profits as % of Stockholder Equity
3.3%

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)
-

Northwestern Mutual Rank History

Historical Data

YearRevenues ($M)Profits ($M)Assets ($M)Total Stockholder Equity ($M)
2021$33,782.14.6%$425-66.5%$308,767$24,957
2020$32,293.610.9%$1,26861.9%$290,318$24,216
2019$29,124-0.7%$783-23.0%$272,167$22,134
2018$29,3311.8%$1,01724.3%$265,049$20,851
2017$28,7992.4%$8180.4%$250,441$20,226
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