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Company Profiles: Revenue, Growth, Competition

Farmers Group Revenue, Growth & Competitor Profile

DBA FARMERS INSURANCE
Last updated:

Company Awards

Fast Growing
Fastest Growing
Big Fish
Big Fish
Brain Power (IP)
Patent/Trademark IP
 

Company Profile & Annual Report for Farmers Group

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Farmers Group Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
EmployeesOver 1,000Exact Company Size
Primary Industry5242 Insurance Agencies & Brokerages
Additional NAICS Codes524126 Direct Property & Casualty Insurance Carriers
AddressP.o. Box 4363
Woodland Hills, CA 91365

Note: Revenues for privately held companies are statistical evaluations.


Farmers Group's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?
    • Farmers Group is classified as operating in the Insurance Agencies & Brokerages industry, NAICS Code 5242.

Farmers Group Annual Revenue and Growth Rate

Farmers Group Revenue Est.
($ Million)
Growth Rate (%)# Employees
2023 Over $500 million

Details in Premium Report
2022
2021
2020
2019


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Farmers Group's revenues are gauged from an analysis of company filings.



Farmers Group's Income Statement (based on Industry Averages)

Farmers Group P&L$ Millions
Revenue (Sales) Farmers Group Premium Report
Cost of Goods Sold
Gross Profit

Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
 


Trademark Applications

Trademark applications show the products and services that Farmers Group is developing and marketing. Farmers Group doesn't have any recent trademark applications, indicating Farmers Group is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
FX INSURANCE AGENCY
Insurance services, namely, underwriting risk in the fields of property and casualty insurance; administration of insurance policies and benefits; providing information in the field of insurance via an Internet website
01/09/2019
CREDIT LIFT
Marketing the credit reporting services of others
09/26/2018
PET PARENT
Insurance underwriting services in the field of property and casualty; insurance claims processing, insurance administration, and insurance agency services; providing information in insurance matters
08/31/2018

See all trademarks and details in the Full Report.


Market Share of Farmers Group's Largest Competitors

A competitive analysis shows these companies are in the same general field as Farmers Group, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
SAGEWELL HEALTHCARE BENEFITS TRUSTPittsburgh, PA100 
GOVERNMENT EMPLOYEES HEALTH ASSOCIATIONLees Summit, MO85 
CIGNA GROUPBloomfield, CT40 
AMI BENEFIT PLAN ADMINISTRATORSYoungstown, OH18 
SPECIAL AGENTS MUTUAL BENEFIT ASSOCIATIONRockville, MD16 
PROGRESSIVE CASUALTY INSURANCEMayfield Village, OH12 
LOS ANGELES CITY EMPLOYEES ASSN.Los Angeles, CA10 
AON CONSULTINGLincolnshire, IL9 
LIBERTY MUTUAL INSURANCEBoston, MA8 




Nearby Competitors

These companies are similar in business line and location to Farmers Group. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
FARMERS GROUPWoodland Hills, CA100 
FARMERS AGENT GROUP BENEFITS PROGRAMWoodland Hills, CA36 
PCF INSURANCE SERVICES OF WESTWoodland Hills, CA17 
LIBERTY COMPANY INSURANCE BROKERSWoodland Hills, CA9 
WARNER PACIFIC INSURANCE SERVICEWestlake Village, CA2 
VENBROOK GROUPWoodland Hills, CA1 




Future Competition: Farmers Group's Fastest Growing Competitors

These companies are in the same general field as Farmers Group and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Farmers Group Competitors