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  • Previous Rank319
  • Country
    U.S.
  • Revenues ($M)$41,052.10
  • Revenue Percent Change14%
  • Profits ($M)$1,560.50
  • Profits Percent Change48.7%
  • Assets ($M)$568,190.20
  • Employees17,643

With just shy of $1 trillion in assets under management, the Teachers Insurance and Annuity Association saw its profits soar 48.7% in 2018. That significant jump comes despite some colleges finding other managers for their employee retirement accounts, after TIAA raised fees on some of its most popular funds. It also expanded into the health care equipment business, buying General Electric’s $1.5 billion health care equipment finance portfolio, which includes loans and leases to around 1,100 hospitals, as well as 3,600 physician practices and diagnostic and imaging centers across the United States. The company also broadened its name awareness, as the home of the NFL’s Jacksonville Jaguars was renamed TIAA Bank Field.

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Company Information

CEO
Roger W. Ferguson Jr.
Sector
Financials
Industry
Insurance: Life, Health (Mutual)
HQ Location
New York City
Websitehttps://www.tiaa.org
Years on Global 500 List22
Employees17,643

TIAA Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$41,052.1014%
Profits ($M)$1,560.5048.7%
Assets ($M)$568,190.20-
Total Stockholder Equity ($M)$38,126.30-

Profit Ratios

Profit as % of Revenues3.8%
Profits as % of Assets0.3%
Profits as % of Stockholder Equity4.1%