34. State Farm Insurance Cos.
It's been a rough couple of years for insurance companies, and State Farm was no exception: The company's core property and casualty businesses suffered underwriting losses of $3.7 billion last year. No matter. Thanks to a sharp uptick in the company's investment assets, State Farm still managed to post after-tax profits of $777 million. Too bad you can't buy shares of State Farm -- the insurance giant is owned by its policyholders. But you can purchase just about any kind of coverage from them. And thanks to its burgeoning financial operations, consumers can now borrow money and buy an assortment of mutual funds as well. --P.N. |
| Key financials |
$ millions |
% change
from 2008 |
| Revenues |
61,479.6 |
0.2 |
| Profits |
766.7 |
N.A. |
| Assets |
183,784.8 |
— |
| Stockholders' equity |
58,103.3 |
— |
| Market value (3/26/2010) |
N.A. |
— |
| Profits as % of |
|
| Revenues |
1.2 |
| Assets |
0.4 |
| Stockholders' equity |
1.3 |
| Earnings per share |
|
| 2009 $ |
N.A. |
| % change from 2008 |
N.A. |
| 1999-2009 annual growth rate % |
N.A. |
| Total return to investors |
% |
| 2009 |
N.A. |
| 1999-2009 annual rate |
N.A. |
|
Interactives
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See how revenues and profits at America's 25 largest companies have risen and fallen over the past decade.
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From a single store in 1962 to more than 4,300 outlets today, see how the biggest retailer has expanded.
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