Note: State Farm Mutual Automobile Insurance's revenues are gauged from an analysis of company filings.
State Farm Mutual Automobile Insurance's Income Statement (based on Industry Averages)
State Farm Mutual Automobile Insurance 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
Investor Activity
State Farm Mutual Automobile Insurance has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.
Date
Investors
Percent Raised
Target Size
January 16, 2024
2050
N/A
$0 MM
Complete list of funding rounds and total amounts in the Company Report
Trademark Applications
Trademark applications show the products and services that State Farm Mutual Automobile Insurance is developing and marketing.
State Farm Mutual Automobile Insurance's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets.
Trademarks may include brand names, product names, logos and slogans.
Trademark
Date
FROM CAR SEAT TO DRIVER'S SEAT Promoting public awareness of the importance of vehicle driver and passenger safety
07/19/2023
DRIVE SAFE & SAVE Downloadable mobile application for collecting, analyzing, managing and transmitting data about mileage and driving behavior of motorists; Downloadable computer software for use in vehicle systems for collecting, analyzing, managing and transmitting data about mileage and driving behavior of motorists; Downloadable computer software utilizing telematics technology to collect and provide information relating to driving behavior of motorists to improve driving performance; Downloadable computer software in the nature of mobile applications and computer software for monitoring and transmission of vehicle telematics and driver data for purposes of automobile insurance and risk assessment
05/18/2023
PERSONAL PRICE PLAN Insurance services, namely, underwriting, issuance and administration of property, casualty and liability insurance
09/08/2022
See all trademarks and details in the Full Report.
Market Share of State Farm Mutual Automobile Insurance's Largest Competitors
A competitive analysis shows these companies are in the same general field as State Farm Mutual Automobile Insurance, 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.
These companies are similar in business line and location to State Farm Mutual Automobile Insurance.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: State Farm Mutual Automobile Insurance's Fastest Growing Competitors
These companies are in the same general field as State Farm Mutual Automobile Insurance 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.