State Farm Competitors and Similar CompaniesClear all

State Farm's competitors and similar companies include Farmers Insurance, Berkshire Hathaway, Progressive Corporation, USAA, Travelers and Nationwide Mutual Insurance Company.

	State Farm State Farm Mutual Automobile Insurance is a company that provides banking, insurance, and financial services.	Farmers Insurance Farmers Insurance Group is a group of insurers of vehicles, homes, and small businesses.	Berkshire Hathaway Berkshire Hathaway is a conglomerate company that specializes in the insurance, freight rail transportation, and utility businesses.	Progressive Corporation The Progressive Corporation is a company that provides insurance services.	USAA USAA (United Services Automobile Association) is a provider of insurance, banking, investment, and retirement solutions.	Travelers Travelers is a company providing commercial and personal property and casualty insurance products and services.	Nationwide Mutual Insurance Company Nationwide Mutual Insurance Company (formerly known as Farm Bureau Mutual Automobile Insurance Company) is a provider of insurance and financial services.
Founding Date	Founding Date 1922	Founding Date 1928	Founding Date 1998	Founding Date 1937	Founding Date 1922	Founding Date 1864	Founding Date 1925
Type	Type Private	Type Subsidiary	Type Public	Type Public	Type Private	Type Public	Type Private
Tags	Tags Financial Services car insurance home insurance home loans insurance investment management life insurance	Tags Financial Services home insurance insurance life insurance	Tags Business Products & Services conglomerates construction management distribution geothermal insurance natural gas	Tags Financial Services car insurance home insurance insurance	Tags Financial Services auto loans financial management insurance investment management life insurance mortgages	Tags Financial Services car insurance home insurance insurance	Tags Financial Services car insurance financial management home insurance insurance investment management life insurance
Locations	Locations Bloomington, US HQ Dunwoody, US Richardson, US Tempe, US	Locations Los Angeles, US HQ Austin, US Bellevue, US Caledonia, US Oklahoma City, US Olathe, US Phoenix, US	Locations Omaha, US HQ Köln, DE Dublin, IE London, GB Des Moines, US Irving, US Phoenix, US	Locations Mayfield, US HQ Austin, US Carmel, US Colorado Springs, US Highland Heights, US Indianapolis, US Madison, US see more	Locations San Antonio, US HQ Annapolis, US Colorado Springs, US Highland Falls, US	Locations New York, US HQ Hartford, US	Locations Columbus, US HQ Des Moines, US Scottsdale, US
Employees	Employees 107,8301% increase	Employees 43,906	Employees 387,8001% decrease	Employees 55,10012% increase	Employees 40,1661% increase	Employees 33,3002% increase	Employees 30,922
Valuation ($)	Valuation ($) N/A	Valuation ($) N/A	Valuation ($) 980.3 b	Valuation ($) 142 b	Valuation ($) N/A	Valuation ($) 56.7 b	Valuation ($) N/A
Financial
Revenue (est.)	Revenue (est.) $82.2b (FY, 2021)	Revenue (est.) N/A	Revenue (est.) $371.4b (FY, 2025)	Revenue (est.) $87.7b (FY, 2025)	Revenue (est.) $48.6b (FY, 2024)	Revenue (est.) $48.8b (FY, 2025)	Revenue (est.) $56.8b (FY, 2022)
Net income	Net income $1.3b (FY, 2021)	Net income N/A	Net income $67.3b (FY, 2025)	Net income $11.3b (FY, 2025)	Net income $3.9b (FY, 2024)	Net income $6.3b (FY, 2025)	Net income N/A
Operating ⚠
Investments Portfolio	Investments Portfolio N/A	Investments Portfolio N/A	Investments Portfolio N/A	Investments Portfolio $53.5b (FY, 2022)	Investments Portfolio N/A	Investments Portfolio N/A	Investments Portfolio $123.6b (FY, 2022)
Patent Applications (US)	Patent Applications (US) N/A	Patent Applications (US) 1 (Jun, 2021)	Patent Applications (US) N/A	Patent Applications (US) N/A	Patent Applications (US) N/A	Patent Applications (US) N/A	Patent Applications (US) 4 (Jun, 2021)
Patents (US)	Patents (US) N/A	Patents (US) 1 (Jun, 2021)	Patents (US) N/A	Patents (US) N/A	Patents (US) N/A	Patents (US) N/A	Patents (US) 37 (Mar, 2022)