Skip to Content
  • Previous Rank
    33
  • Revenues ($M)
    $78,330.80
  • Revenue Percent Change
    2.9%
  • Profits ($M)
    $2,206.50
  • Profits Percent Change
    529.9%
  • Assets ($M)
    $272,345.20
  • Employees
    65,664
  • Market Value — as of March 29, 2018 ($M)
    -

The country’s largest and most profitable property-casualty insurer saw revenue and profits grow in 2017. State Farm’s revenue grew by nearly 3% to $78.3 billion. The company’s profits also bounced back after a particularly expensive year for auto insurance claims costs in 2016, increasing more than 500% to $2.2 billion. The insurance company, which employs more than 65,000 workers, recently announced it would cut insurance rates in states like Louisiana and Ohio.

41319CFF-E47E-4BA5-B1B8-ECA4D480B0DFCreated with sketchtool.62900797-6A09-46DF-8323-A45758A81292Created with sketchtool.Looking for leads, investment insights, or competitive intelligence?Buy Now

Company Info

CEO
Michael L. Tipsord
CEO Title
Chairman, President & Chief Executive Officer
Sector
Financials
Industry
Insurance: Property and Casualty (Mutual)
HQ Location
Bloomington, Ill.
Websitehttp://www.statefarm.com
Years on Fortune 500 List24
Employees65,664

State Farm Insurance Cos. Rank History

placeholder

Key Financials (Last Fiscal Year)

$ millions% change
Revenues ($M)$78,330.802.9%
Profits ($M)$2,206.50529.9%
Assets ($M)$272,345.20-
Total Stockholder Equity ($M)$97,035.50-
Market Value — as of March 29, 2018 ($M)--

Profit Ratios

Profit as % of Revenues2.8%
Profits as % of Assets0.8%
Profits as % of Stockholder Equity2.3%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)-
EPS % Change (from 2016)-
EPS % Change (5 year annual rate)-
EPS % Change (10 year annual rate)-

Total Return

Total Return to Investors (2017)-
Total Return to Investors (5 year, annualized)-
Total Return to Investors (10 year, annualized)-