New York Life had a relatively uneventful 2018—not necessarily a bad thing for an insurance company. With $311.5 billion in assets, the life insurer brought in $43.4 billion in revenue, a 2.7% increase, and $880 million in profits, making profits a relatively small 2% of revenue. One of just a handful of mutual companies to appear on the Fortune 500, New York Life dropped two spots on the list this year.
Company Info
| CEO | Theodore A. Mathas |
| CEO Title | Chairman & Chief Executive Officer |
| Sector | Financials |
| Industry | Insurance: Life, Health (Mutual) |
| HQ Location | New York, N.Y. |
| Website | www.newyorklife.com |
| Years on Fortune 500 List | 25 |
| Employees | 11,388 |
Key Financials (Last Fiscal Year)
| Revenues ($M) | $43,425.3 |
| Profits ($M) | $880 |
| Assets ($M) | $311,449.3 |
| Total Stockholder Equity ($M) | $21,006.5 |
Profit Ratios
| Profit as % of Revenues | 2.0% |
| Profits as % of Assets | 0.3% |
| Profits as % of Stockholder Equity | 4.2% |
Earnings Per Share (Last Fiscal Year)
| Earnings Per Share ($) | - |
| EPS % Change (from 2017) | - |
| EPS % Change (5 year annual rate) | - |
| EPS % Change (10 year annual rate) | - |
Total Return
| Total Return to Investors (2018) | - |
| Total Return to Investors (5 year, annualized) | - |
| Total Return to Investors (10 year, annualized) | - |
