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%

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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 Segments Valuation Filings

The Allstate Corporation (ALL) revenue by segment, product and region

Where the money comes from and where it goes

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 $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Property Liability	59,733 88.25%	55,761 86.98%	49,972 87.53%	46,638 90.72%	46,030 90.97%	38,848 92.70%	38,712 93.19%	34,513 86.68%	34,015 86.32%	32,662 87.33%	30,737 86.21%	30,779 87.34%	29,512 85.52%	28,398 85.24%	27,228 83.38%	26,825 85.43%	27,354 85.45%	26,783 91.12%
Protection Services	3,550 5.24%	3,223 5.03%	2,773 4.86%	2,487 4.84%	2,361 4.67%	1,922 4.59%	1,649 3.97%	1,318 3.31%	1,059 2.69%	762 2.04%	614 1.72%	—	—	—	—	—	—	—
Allstate Health and Benefits	676 1.00%	1,883 2.94%	1,820 3.19%	2,259 4.39%	2,274 4.49%	1,180 2.82%	1,240 2.99%	1,203 3.02%	1,157 2.94%	1,077 2.88%	993 2.79%	—	—	—	—	—	—	—
Corporate	308 0.46%	182 0.28%	183 0.32%	176 0.34%	111 0.22%	106 0.25%	94 0.23%	33 0.08%	35 0.09%	39 0.10%	35 0.10%	28 0.08%	31 0.09%	42 0.13%	84 0.26%	71 0.23%	68 0.21%	32 0.11%
Allstate Life	—	—	—	—	—	—	—	1,925 4.83%	1,888 4.79%	1,807 4.83%	1,715 4.81%	—	—	—	—	—	—	—
Allstate Annuities	—	—	—	—	—	—	—	945 2.37%	1,363 3.46%	1,157 3.09%	1,601 4.49%	—	—	—	—	—	—	—
Allstate Financial	—	—	—	—	—	—	—	—	—	—	—	4,432 12.58%	4,964 14.39%	4,875 14.63%	5,342 16.36%	4,504 14.34%	4,591 14.34%	2,579 8.77%
Other, not broken out	3,418 5.05%	3,057 4.77%	2,346 4.11%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Revenue	67,685	64,106	57,094	51,411	50,601	41,909	41,541	39,815	39,407	37,399	35,653	35,239	34,507	33,315	32,654	31,400	32,013	29,394

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Auto policies in force	Q3 FY2026	26.2M	25.3M	+3.44%
Auto recorded combined ratio	Q3 FY2026	83.2×	82.0×	+1.46%
Auto underlying combined ratio	Q3 FY2026	89.8×	86.0×	+4.42%
Catastrophe losses	Q3 FY2026	$1.3B	$479.0M	+177.66%
Catastrophe losses	Q3 FY2026	$1.7B	$558.0M	+195.70%
Fixed income duration	Q1 FY2026	5.70	—	—
Homeowners policies in force	Q3 FY2026	7.9M	7.6M	+3.32%
Homeowners recorded combined ratio	Q3 FY2026	89.5×	71.5×	+25.17%
Homeowners underlying combined ratio	Q3 FY2026	60.1×	59.8×	+0.50%
Policies in force	Q3 FY2026	39.3M	38.1M	+3.32%
Property-Liability recorded combined ratio	Q3 FY2026	86.6×	80.1×	+8.11%
Property-Liability underlying combined ratio	Q3 FY2026	80.5×	78.7×	+2.29%
Total policies in force	Q3 FY2026	217.6M	209.5M	+3.88%
Total return on investment portfolio	Q3 FY2026	−2.10%	2.00%	—

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
Auto policies in force	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Auto recorded combined ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Auto underlying combined ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Catastrophe losses	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Catastrophe losses	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Fixed income duration	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Homeowners policies in force	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Homeowners recorded combined ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Homeowners underlying combined ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Policies in force	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Property-Liability recorded combined ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Property-Liability underlying combined ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total policies in force	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total return on investment portfolio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.