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  • Previous Rank241
  • Revenues ($M)$40,074
  • Revenue Percent Change-0.4%
  • Profits ($M)$334.3
  • Profits Percent Change-42.4%
  • Assets ($M)$197,790
  • Employees34,320

The property and casualty insurer, once a collection of subsidiaries and now unified under a single brand, faced a difficult market in 2016. Auto trends (low gas prices mean more people on the road mean more collisions), low interest rates, and regulatory changes kept the company on its toes. But it still managed to record $43 billion in sales, $26.9 billion in operating revenue, and $910 million in net operating income with $210 billion in total assets under management.

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Company Information

Stephen S. Rasmussen
Insurance: Property and Casualty (Mutual)
HQ Location
Columbus, OH
Years on Global 500 List23

Nationwide Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$40,074-0.4%
Profits ($M)$334.3-42.4%
Assets ($M)$197,790-
Total Stockholder Equity ($M)$15,537-

Profit Ratios

Profit as % of Revenues0.8%
Profits as % of Assets0.2%
Profits as % of Stockholder Equity2.2%