State Farm Insurance Cos.

Courtesy of State Farm
  • Previous Rank
    35
  • Revenues ($M)
    76132
  • Revenue Percent Change
    0.6
  • Profits ($M)
    350.3
  • Profits Percent Change
    -94.4
  • Assets ($M)
    256030
  • Employees
    68234
  • Market Value — as of March 31, 2017 ($M)

The largest property-casualty insurer in the U.S. saw its revenue tick up 0.6% to $76.1 billion in 2016, helping it gain two places on this year's Fortune 500 list and maintain its spot as one of the largest companies in the world. Its profit, however, was a different story. State Farm's net income dipped to just $400 million in 2016, down from $6.2 billion the year before, thanks to high auto insurance claim costs. (A stock portfolio windfall in 2015 also exacerbated the difference.) It announced in May that it would close 11 facilities and displace thousands of workers following the losses.

Company Info

CEOMichael L. Tipsord
CEO TitleChief Executive Officer & Director
SectorFinancials
IndustryInsurance: Property and Casualty (Mutual)
HQ LocationBloomington, IL
Websitewww.statefarm.com
Years on Fortune 500 List23
Employees68,234

Key Financials (Last Fiscal Year)

Revenues ($M)$76,132
Profits ($M)$350.3
Assets ($M)$256,030
Total Stockholder Equity ($M)$87,592
Market Value — as of March 31, 2017 ($M)-

Profit Ratios

Profit as % of Revenues0.5%
Profits as % of Assets0.1%
Profits as % of Stockholder Equity0.4%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)-
EPS % Change (from 2015)-
EPS % Change (5 year annual rate)-
EPS % Change (10 year annual rate)-

Total Return

Total Return to Investors (2016)-
Total Return to Investors (5 year, annualized)-
Total Return to Investors (10 year, annualized)-