Our annual ranking of America's largest corporations

43 of 500
43. State Farm Insurance Cos.
State Farm Insurance Cos.
Rank: 43 (Previous rank: 37)
CEO: Edward B. Rust Jr.

State Farm had to pay out for more catastrophes than usual in 2011. It had an underwriting loss of $4.5 billion, which is $1.3 billion higher than the previous year. State Farm Senior Vice President Paul Smith said in a statement "Our 2011 financial results must be viewed in the context of five catastrophe events that are among the 25 largest in our history." Still, the company increased its amount of total revenue for the year: $64.3 billion up from $63.2 billion in 2010.

The company is also growing. This past February, State Farm announced that it plans to hire about 3,000 new employees, 300 of which will take on staff positions at headquarters in Bloomington, Illinois.

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Key financials $ millions % change
from 2010
Revenues 64,305.1 1.8
Profits 845.0 -52.1
Assets 196,543.0
Stockholders' equity 60,795.1
Market value (3/29/2012) N.A.
Profits as % of  
Revenues 1.3
Assets 0.4
Stockholders' equity 1.4
Earnings per share  
2011 $ N.A.
% change from 2010 N.A.
2001-2011 annual growth rate % N.A.
Total return to investors %
2011 N.A.
2001-2011 annual rate N.A.
Rank Company 500
($ millions)
1 State Farm Insurance Cos. 43 64,305.1
2 Nationwide 100 30,697.8
3 Auto-Owners Insurance 429 5,709.5
Issue date: May 21, 2012
Galleries and more
State Farm Insurance Cos.
1 State Farm Plaza
Bloomington, IL 61710
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Fortune 500+
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Rank # of Fortune 500 Companies
California 53
Texas 52
New York 50
Company Rank
Google 73
NetApp 474
NuStar Energy 377
Company 2011 $ (millions)
Exxon $41,060.0
Chevron $26,895.0
Apple $25,922.0
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
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