State National Companies

State National was founded in 1973 to simplify the complexities of insurance for our clients. From the beginning, our high-quality programs and superior service helped us create a unique insurance company that thrives on strong customer relationships and customized solutions to address the nuances of each customer’s business. Our innovative insurance products are the foundation of our Collateral Protection Insurance business. In 1979, we expanded our products to include a fresh perspective on insurance by assuming control of our first insurance company, the genesis for our fronting business. Through a strong history of strategic alliances and acquisitions, State National brings together people and technology to remove barriers.
Type
Public
HQ
Bedford, US
Size (employees)
400 (est)
State National Companies is headquartered in Bedford, US

State National Companies Office Locations

State National Companies has an office in Bedford
Bedford, US (HQ)
1900 L Don Dodson Dr

State National Companies Data and Metrics

State National Companies Financial Metrics

State National Companies's revenue was reported to be $217.1 m in FY, 2016 which is a 9% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

217.1 m

Revenue growth (FY, 2015 - FY, 2016), %

9%

Net income (FY, 2016)

49.1 m

Market capitalization (26-May-2017)

744.4 m

Closing share price (26-May-2017)

17

Cash (31-Dec-2016)

91.7 m
State National Companies's current market capitalization is $744.4 m.
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Revenue

154.5 m198.9 m217.1 m

Revenue growth, %

29%9%

Sales and marketing expense

5.5 m5.8 m

General and administrative expense

63 m70 m

Operating expense total

129.4 m140.3 m

Interest expense

2 m2.2 m

Pre tax profit

69.6 m76.8 m

Net Income

11 m44.7 m49.1 m
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Cash

38.3 m51.8 m91.7 m

Accounts Receivable

1.8 m2.2 m2.1 m

Inventories

1.2 m5 m

PP&E

18.4 m17.2 m16.2 m

Goodwill

6.7 m6 m12.6 m

Total Assets

2.1 b2.4 b2.9 b

Accounts Payable

3.1 m2.8 m

Additional Paid-in Capital

220.6 m224.7 m229.3 m

Retained Earnings

16.1 m37.3 m66.2 m

Total Equity

240.9 m263.5 m296.4 m

Financial Leverage

8.7 x9.1 x9.7 x
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Net Income

11 m44.7 m49.1 m

Depreciation and Amortization

4.2 m4.2 m

Accounts Receivable

462 k(363 k)78 k

Inventories

(13.1 m)

Accounts Payable

12.7 m(137 k)1.2 m

Cash From Operating Activities

23.2 m61 m71.2 m

Purchases of PP&E

(2 m)(893 k)(839 k)

Cash From Investing Activities

(128 m)(27 m)(8.3 m)

Dividends Paid

(16.7 m)(6.2 m)(10.1 m)

Cash From Financing Activities

73.7 m(20.6 m)(23 m)

Interest Paid

2.3 m2 m2.2 m

Income Taxes Paid

8.3 m30.8 m27.1 m
Numbers are in $, USDY, 2016

Revenue/Employee

542.7 k

Financial Leverage

9.7 x

State National Companies Market Value History

State National Companies Online and Social Media Presence

State National Companies Company Life and Culture

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