Modern Woodmen Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Modern Woodmen

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Modern Woodmen Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	5241 Insurance Carriers
Additional NAICS Codes	53112 Commercial Leasing
Address	1701 1st Avenue Rock Island, IL 61201

Note: Revenues for privately held companies are statistical evaluations.


Modern Woodmen's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Modern Woodmen's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Modern Woodmen is classified as operating in the Insurance Carriers industry, NAICS Code 5241.

Modern Woodmen Annual Revenue and Growth Rate

Modern Woodmen	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):

Note: Modern Woodmen's revenues are gauged from an analysis of company filings.

Modern Woodmen's Income Statement (based on Industry Averages)

Modern Woodmen P&L	$ Millions
Revenue (Sales)
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

Market Share of Modern Woodmen's Largest Competitors

A competitive analysis shows these companies are in the same general field as Modern Woodmen, 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	Headquarters	Revenue ($ MM)
CENTRUM VALLEY HOLDINGS	Clarion, IA	100
ELEVANCE HEALTH	Indianapolis, IN	44
SECURIAN LIFE INSURANCE	Saint Paul, MN	33
ATH HOLDING	Indianapolis, IN	31
HUMANA	Louisville, KY	30
STATE FARM MUTUAL AUTOMOBILE INSURANCE	Bloomington, IL	26
AMALGAMATED LIFE INSURANCE COMPANY EMPLOYEE BENEFIT FUND	White Plains, NY	25
PRUDENTIAL INSURANCE	Newark, NJ	24
AMERICAN INTERNATIONAL GROUP	New York, NY	13

Nearby Competitors

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

Company	Headquarters	Revenue ($ MM)
MODERN WOODMEN	Rock Island, IL	100
ROYAL NEIGHBORS	Rock Island, IL	13
ILLINOIS CASUALTY	Rock Island, IL	10
MIDWEST INSURANCE GROUP OF U.S.	Moline, IL	1
SVEA MUTUAL INSURANCE	Orion, IL	0

Future Competition: Modern Woodmen's Fastest Growing Competitors

These companies are in the same general field as Modern Woodmen 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.

Company	Revenue ($ MM)