3 Public Stocks That Track State Farm Exposure
No, State Farm is not publicly traded. It’s a mutual insurer with no outside shareholders, so most retail investors will end up using public peers like Progressive, Allstate, and Travelers instead.
State Farm is one of the biggest names in U.S. insurance, which is exactly why people keep asking how to buy the stock. It has more than 62,000 employees, serves over 96 million policies and accounts, and reported $132.3 billion in 2025 revenue with $12.9 billion in net income.
It’s also been in the news for a $5 billion cash-back announcement, premium cuts in dozens of states, and a high-profile collaboration with Netflix. That combination of scale, visibility, and recent headlines makes it a natural target for retail investors looking for a way in. Here’s the straight answer on whether you can invest in State Farm, plus the closest public-market alternatives.
What is State Farm?
State Farm is a large U.S. insurance and financial-services group. Its core offerings include auto, home, fire, life, health, commercial policies, and financial services accounts, along with commercial auto, renters, business owners, boats, and motorcycles coverage. The company was founded on June 7, 1922, and is headquartered at One State Farm Plaza in Bloomington, Illinois, where it has been based since the beginning.
On scale alone, State Farm is a giant: more than 19,200 agent offices, over 62,000 employees, and more than 96 million policies and accounts. For 2025, it reported $132.3 billion in total revenue, $12.9 billion in net income, and year-end net worth of $170.0 billion. That makes it one of the most important personal-lines insurers in the U.S., even though retail investors can’t buy it like a normal stock.
