Global 500

Rank
254
Previous: 253 Next: 255

Nationwide

10139 Multicultural Diversity and Inclusion agent, customer, On Your Side Review
10139 Multicultural Diversity and Inclusion agent, customer, On Your Side ReviewTom Griffin — Nationwide Mutual Insurance Co.
  • Previous Rank
    241
  • Revenues ($M)
    40074
  • Revenue Percent Change
    -0.4
  • Profits ($M)
    334.3
  • Profits Percent Change
    -42.4
  • Assets ($M)
    197790
  • Employees
    34320

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.

Company Information

CEOStephen S. Rasmussen
SectorFinancials
IndustryInsurance: Property and Casualty (Mutual)
HQ LocationColumbus, OH
Websitewww.nationwide.com
Years on Global 500 List23
Employees34,320

Key Financials (Last Fiscal Year)

Revenues ($M)$40,074
Profits ($M)$334.3
Assets ($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%