Pricing Log in Create free account
Wednesday 4 November 2026 Export ALL’s income statement to Excel — free account

The Allstate Corporation

ALL Financial Insurance Property & Casualty

The Allstate Corporation’s revenue for fiscal 2025 (year ended December 2025) was $67.7 billion, up 5.58% from fiscal 2024.

Revenue
+0.54%
EPS
−42.3%
Free cash flow
+38.3%
Total debt
−7.36%

Quarter to September 2026, against a year earlier

269.77 8.27 +3.16%
Market cap
$66.1B
P/E
6.0×
Fwd P/E
6.9×
Dividend yield
1.57%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Revenue by segment Fiscal 2025

  • Property Liability
  • Protection Services
  • Other, not broken out
  • Allstate Health and Benefits
  • Corporate

Every year since 2008 →

Insider Decisions last twelve months

Sold, $m 64.27
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 1 3 3 2 — 2 1 — 2 — — —
Insider Ownership 0.02%

Capital & Financial Ratios $m

Size
Market Cap 66,120.00
Revenue ttm 70,230.00
Net income ttm 11,636.00
Free cash flow ttm 12,734.00
Net debt Q 6,945.00
Valuation
P/E 6.03
Forward P/E 6.92
Price / sales 0.97
Forward P/S Powerpack
Price / FCF 5.33
Price / book 2.24
Financial health
Current ratio Q 0.29
Debt / equity Q 0.23
Interest coverage Q 0.00
Growth
Revenue growth Q +0.54% (above 0%: growing)
Operating income growth Q +120.18% (above 0%: growing)
EPS, this year +3.15%
EPS, next year A −21.91% (below 0%: weak)
Revenue, next year A +3.70%
EPS, past 5 yrs +17.07% (at or above 15%: strong)
EPS, next 5 yrs A −8.59% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 9.78%
10-year low 10-year high
P/S against its own 10 years 99.34%
10-year low 10-year high
P/B against its own 10 years 78.58%
10-year low 10-year high

Dividends raised every year since 2017

Yield
1.57%
Annual rate
4.24
Payout ratio
9.60%
Growth, 2017–25
+13.2%/yr
  1. 1.48 ’17
  2. 1.84 ’18 +24
  3. 2.00 ’19 +9
  4. 2.16 ’20 +8
  5. 3.24 ’21 +50
  6. 3.40 ’22 +5
  7. 3.56 ’23 +5
  8. 3.68 ’24 +3
  9. 4.00 ’25 +9
  10. 4.34 ’26e +9
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 722 704 678 549
Receivables 18,853 19,538 19,975 —
Inventory — — — —
Other — — — —
19,575 20,242 20,653 —
2023 2024 2025 Q'26
Payables 67,267 70,393 71,578 71,919
ST’ Debt — — — —
Other 888 — — —
68,155 70,393 71,578 71,919

Compound Annual Growth %

10y 5y 3y
Sales 6.62% 10.06% 9.60%
Cash Flow 10.83% 12.98% 25.45%
Earnings 17.34% 13.23% 0.00%
Book Value 4.33% 0.25% 20.78%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY26 Estimate 5.76 Actual 8.99

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q3 FY25 8.20 11.17 Beat by 2.97
Q4 FY25 9.82 14.31 Beat by 4.49
Q1 FY26 7.43 10.65 Beat by 3.22
Q2 FY26 5.76 8.99 Beat by 3.23
Q3 FY26 7.03 — Reports 4 November 2026

EPS $

Mar Jun Sep Dec Year
’26 9.25 12.51 8.03 — —
’25 2.11 7.76 13.95 14.37 38.06
’24 4.46 1.13 4.33 7.07 16.99
’23 (1.31) (5.29) (0.16) 5.52 (1.20)
’22 2.24 (3.81) (2.58) (1.17) (5.22)
’21 (4.60) 5.26 1.71 2.73 4.96
’20 1.59 3.86 3.58 8.45 17.31
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 16,941 18,596 17,348 — —
’25 16,452 16,633 17,255 17,345 67,685
’24 15,259 15,714 16,627 16,506 64,106
’23 13,786 13,979 14,497 14,832 57,094
’22 12,336 12,219 13,208 13,648 51,411
’21 12,451 12,646 12,480 13,024 50,601
’20 9,866 10,403 10,678 10,962 41,909
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 3,562 2,634 3,783 — —
’25 1,964 1,873 3,284 2,989 10,110
’24 1,666 2,359 3,201 1,705 8,931
’23 601 1,169 1,233 1,225 4,228
’22 432 1,673 2,046 970 5,121
’21 1,388 1,528 1,329 871 5,116
’20 1,027 1,849 1,296 1,319 5,491
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 3,522 2,591 3,721 — —
’25 1,872 1,874 3,236 2,900 9,882
’24 1,643 2,303 3,138 1,655 8,739
’23 522 1,126 1,178 1,162 3,988
’22 302 1,575 1,922 1,111 4,910
’21 1,327 1,392 1,240 812 4,771
’20 962 1,748 1,227 1,246 5,183
Fiscal quarters ending in the months shown.

Valuation

The price implies the dividend a share growing 21.4% a year for ten years. It grew 12.6% a year over the last ten.

Implied
21.4%
10 years, reported
12.6%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

2.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 37,399 39,407 39,815 41,541 41,909 50,601 51,411 57,094 64,106 67,685 70,230 +6.8% 70,192 72,679 75,594 +3.8%
Gross margin, % 33.68 37.93 36.19 40.75 46.19 39.97 25.49 26.19 36.08 43.70 0.00 +10.0 pt
EBT 2,754 4,549 2,628 5,443 6,802 6,466 (1,830) (348) 5,761 13,156 14,782 +19.0%
EBT margin, % 7.36 11.54 6.60 13.10 16.23 12.78 (3.56) (0.61) 8.99 19.44 21.05 +12.1 pt
Net income 1,877 3,554 2,160 4,847 5,576 1,581 (1,342) (213) 4,599 10,266 11,636 +20.8%
Per share, $
Per share, $ Revenue 100.32 108.86 114.48 126.57 134.50 171.65 189.57 217.50 242.55 256.77 279.13 +11.0%
Earnings 4.72 8.49 6.05 14.25 17.53 5.04 (5.22) (1.20) 17.22 38.56 44.72 +26.3%
Cash flow 10.71 11.92 14.88 15.63 17.62 17.35 18.88 16.11 33.79 38.35 51.54 +15.2%
Capex (0.84) (0.83) (0.80) (1.32) (0.99) (1.17) (0.78) (0.91) (0.73) (0.86) (0.93) +0.3%
Free cash flow 9.87 11.09 14.08 14.31 16.63 16.18 18.10 15.19 33.06 37.49 50.61 +16.0%
Book value 55.19 62.30 61.28 79.21 96.97 85.23 64.02 67.16 80.84 116.04 128.35 +8.6%
Shares, m 373 362 348 328 312 295 271 263 264 264 258 (3.8%)
Valuation, ×
Valuation, × P/E 15.65 11.99 15.34 7.87 6.22 22.67 0.00 0.00 11.21 5.38 6.03 9.6
P/S 0.74 0.94 0.72 0.89 0.82 0.69 0.72 0.66 0.79 0.81 0.97 0.8
P/B 1.47 1.77 1.48 1.55 1.21 1.50 2.41 2.42 2.63 1.92 2.24 1.8
EV/Sales 0.90 1.08 0.87 1.04 1.00 0.83 0.86 0.79 0.91 0.91 — 0.9
EV/FCF 9.12 10.62 7.08 9.20 8.06 8.78 9.02 11.28 6.68 6.24 — 8.6
Cash, $m
Cash, $m Operating cash flow 3,993 4,314 5,175 5,129 5,491 5,116 5,121 4,228 8,931 10,110 12,968 +10.9%
Capex (313) (299) (277) (433) (308) (345) (211) (240) (192) (228) (234) (3.5%)
Free cash flow 3,680 4,015 4,898 4,696 5,183 4,771 4,910 3,988 8,739 9,882 12,734 +11.6%
Balance, $m
Balance, $m Working capital (56,433) (56,457) (56,294) (57,955) (32,409) (37,057) (43,789) (48,580) (50,151) (50,925) (51,335) (1.1%)
Net debt 5,911 5,733 5,952 6,293 7,514 7,213 7,228 7,220 7,381 6,812 6,945 +1.6%
Shareholders’ equity 20,573 22,551 21,312 25,998 30,217 25,127 17,363 17,630 21,367 30,589 32,292 +4.5%
Returns, %
Returns, % ROA 1.65 3.11 1.79 4.03 4.44 1.33 (1.41) (0.31) 4.23 8.79 9.28 +7.1 pt
ROIC 7.25 10.96 6.93 11.24 12.21 13.46 (3.67) 0.50 13.53 20.07 0.00 +12.8 pt
ROE 9.49 17.35 10.01 21.69 21.01 5.84 (7.23) (2.04) 26.00 42.39 41.31 +32.9 pt
People
People Employees 43,500 42,900 45,700 46,290 42,160 54,700 54,500 53,400 55,400 53,300 — +2.3%
Revenue/emp, $m 0.86 0.92 0.87 0.90 0.99 0.93 0.94 1.07 1.16 1.27 — +4.4%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 4 Nov 2026

Where the money comes from and where it goes Fiscal 2025

Fiscal 2025: revenue by segment, and margins
Property Liability 59,733 88.25%
Protection Services 3,550 5.24%
Other, not broken out 3,418 5.05%
Allstate Health and Benefits 676 1.00%
Corporate 308 0.46%
Gross margin 43.70%
Operating margin 17.75%
Pre-tax margin 19.44%

Revenue by segment since 2008

The Allstate Corporation vs peers in Insurance Property & Casualty (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CB Chubb Limited $140.1B 12.7× 13.0× +0.29% (above 0%: growing) +3.55% (above 0%: growing) +66.83% (above 0%: growing) 27.50% 22.33% Compare
PGR The Progressive Corporation $133.1B 11.5× 12.4× −3.61% (below 0%: shrinking) −1.80% (below 0%: shrinking) −12.25% (below 0%: shrinking) 100.00% 100.00% Compare
TRV The Travelers Companies, Inc. $81.0B 10.2× 10.9× −0.47% (below 0%: shrinking) +9.92% (above 0%: growing) −7.92% (below 0%: shrinking) 47.74% 20.04% Compare
ALL The Allstate Corporation $66.1B 5.2× 6.9× +11.80% (above 0%: growing) +61.07% (above 0%: growing) +38.26% (above 0%: growing) 46.58% 22.83%
CINF Cincinnati Financial Corporation $28.3B 10.7× 11.6× −18.22% (below 0%: shrinking) −58.41% (below 0%: shrinking) −29.04% (below 0%: shrinking) 18.81% 18.54% Compare
WRB W.R. Berkley Corporation $27.9B 15.8× 15.1× −0.78% (below 0%: shrinking) −10.85% (below 0%: shrinking) +6.14% (above 0%: growing) 46.55% 16.21% Compare
MKL Markel Group Inc. $23.2B 13.1× 12.3× −11.22% (below 0%: shrinking) −63.36% (below 0%: shrinking) −27.15% (below 0%: shrinking) 46.51% 9.88% Compare
L Loews Corporation $22.5B 15.0× 16.0× +1.88% (above 0%: growing) −35.23% (below 0%: shrinking) +24.71% (above 0%: growing) 50.68% 8.53% Compare
AIZ Assurant, Inc. $14.6B 14.0× 14.0× +9.37% (above 0%: growing) +30.00% (above 0%: growing) +99.03% (above 0%: growing) 78.34% 11.73% Compare
Median of peers $28.1B 12.9× 12.7× −0.62% −6.32% −0.89% 47.15% 17.38%

All 46 Insurance Property & Casualty stocks →

From the latest earnings call

Updated

  • On Allstate’s Q2 call, CEO Thomas Wilson said growth depended on pricing, distribution, new products and customer acquisition rather than price cuts alone.
  • Wilson said Allstate was building its Ally artificial intelligence platform to help with expenses, pricing, claims and growth, but could not quantify its effects.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 83.26%
Held by the ten largest 44.28%
Holder Shares Stake Change
Vanguard 33.21m 13.07% −75.26k
BlackRock 22.86m 9.00% +971.48k
State Street 12.51m 4.93% +250.46k
Franklin Templeton 8.70m 3.42% +672.67k
Geode Capital Management 8.16m 3.21% +900.55k
T. Rowe Price 7.93m 3.12% −2.88m
Bank of America 5.93m 2.33% −1.99m
GQG Partners LLC 5.24m 2.06% −526.23k
Deutsche Bank (DWS) 4.24m 1.67% +1.32m
UBS 3.71m 1.46% +47.40k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 10 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 22.92m 45.08m 214.00
2024 26.74m 57.02m 194.00
2023 16.49m 8.03m 138.00
2022 15.01m 30.04m 130.00
2021 19.07m 27.59m 110.00

Ownership

Directors and executive officers, together 1.55%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

The Allstate Corporation (ALL) Latest News

4 Nov

Impact 3 · · PR Newswire

2 Nov

Impact 3 · · Zacks

29 Oct

Impact 3 · · Business Wire
Impact 3 · · Zacks
Impact 3 · · Zacks
Impact 3 · · Simply Wall St.

28 Oct

Impact 4 · · Zacks

27 Oct

Impact 3 · · Zacks

26 Oct

Impact 3 · · Zacks
Impact 3 · · Zacks

23 Oct

Impact 3 · · Barchart

22 Oct

Impact 4 · · Simply Wall St.
Impact 3 · · Barchart

20 Oct

Impact 3 · · Zacks

19 Oct

Impact 4 · · Zacks

16 Oct

Impact 4 · · PR Newswire

15 Oct

Impact 3 · · PR Newswire

12 Oct

Impact 4 · · Zacks
Impact 3 · · PR Newswire
Impact 3 · · Zacks

8 Oct

Impact 4 · · Simply Wall St.
Impact 3 · · MarketBeat
Impact 3 · · Zacks

6 Oct

Impact 3 · · PR Newswire

30 Sep

Impact 3 · · Zacks
Impact 3 · · credaily.com

28 Sep

Impact 4 · · Barchart

26 Sep

Impact 3 · · Simply Wall St.

25 Sep

Impact 3 · · Insider Monkey

24 Sep

Impact 4 · · Insider Monkey

ALL metrics, ten years each

stockrow.com/ALL · Data as of Nov 4, 2026 · For information only; not investment advice. · © 2026 stockrow.com