Nationwide Rises Three Spots on Fortune 500 List
Nationwide rises three spots on Fortune 500 list
Nationwide followed up four consecutive record years of sales by moving up three spots to #72 on the 2025 Fortune 500 list and remains one of the top 10 largest insurance companies.
The Chief Financial Officer of the insurance and financial services giant attributes the ascension to delivering a unique set of competitive advantages and solutions that help customers protect their future, while accelerating growth, earnings and capital position.
“As we value Nationwide’s continued presence on the Fortune 500 list, we’re reminded that our inclusion isn’t just about where we stand today – it’s about where we’re headed,” said Chief Financial Officer Tim Frommeyer. “With our centennial approaching in 2026, we’re focused on shaping the next 100 years and are guided by our commitment to be the most trusted, most caring, and most customer-focused protection company. We are dedicated to delivering solutions that help people face the future with confidence.”
When compared to other organizations on the list, Nationwide as a whole is:
- The 2nd largest Columbus, Ohio-based company
- The largest company with an operating presence in Des Moines, Iowa
- 6th largest company in Ohio
- 3rd largest mutual insurance company in the United States
- 7th largest insurance company (including stock companies)*
This momentum is reflected in more than the ranking. It’s also visible in how Nationwide continues to invest in its people. Fortune recently recognized the company for the 11th consecutive year as a Best Company to Work For.
“This is a testament to our modern mutual structure and strong and stable diverse portfolio of businesses,” said Nationwide CEO Kirt Walker. “We are equally proud of our high-performing, caring culture, which empowers employees to deliver on our mission to protect people, businesses and futures with extraordinary care.”
From expanding development opportunities to enhancing benefits, the company’s workplace culture enables employees to thrive in their career today and provides them with the tools to help prepare for the future.
To learn more about Nationwide, explore the 2024 Annual Report.
Why is certain Fortune data different from what the company reports in its annual report?
There are a variety of financial data and metrics that are used by the Board, management and regulators to measure financial performance and financial stability of companies. The information presented in Nationwide's annual report is prepared in accordance with Generally Accepted Accounting Principles (GAAP), which forms the basis used by all companies when reporting earnings performance to investors and widely discussed by news outlets. The data reported by Fortune is based on regulatory statutory accounting principles, which embed a high degree of conservatism as its core principles. The primary purpose of the regulatory framework is to assess solvency and capital adequacy that ensure a company’s ability to meet its policyholder obligations.
*Does not include Berkshire Hathaway
