Assurant, Inc. (AIZ) vs The Allstate Corporation (ALL)

Assurant, Inc. and The Allstate Corporation are both Insurance Property & Casualty companies. The Allstate Corporation is the larger, with a market value of $67.4B against $15.1B — 4.5× the size. The Allstate Corporation trades at the lower P/E: 6.0× against 14.2×. Assurant, Inc. grew revenue faster over the last twelve months: 9.43% against 5.06%. The Allstate Corporation has the higher net margin (16.4% vs 7.74%) and the higher return on invested capital (0.00% vs 0.00%). Both pay a dividend; The Allstate Corporation yields more (1.59% vs 1.15%). Across the 20 metrics below, The Allstate Corporation leads on 14 and Assurant, Inc. on 6.

Valuation

Metric AIZ ALL Insurance Property & Casualty median
P/E 14.23 5.96 12.17
P/S 1.10 0.95 1.26
P/B 2.52 2.21 1.85
Price to free cash flow 9.11 5.26 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.03% 16.78% 8.20%
Free cash flow yield 10.98% 18.99% 11.86%

Profitability

Metric AIZ ALL Insurance Property & Casualty median
Gross margin 78.07% 0.00% 37.39%
Operating margin 10.61% 0.00% 14.67%
Net margin 7.74% 16.41% 10.16%
Free cash flow margin 0.00% 18.13% 18.60%
Return on equity 18.12% 41.31% 16.59%
Return on assets 2.95% 9.28% 3.38%
Return on invested capital 0.00% 0.00% 9.43%

Growth

Metric AIZ ALL Insurance Property & Casualty median
Revenue growth (TTM) 9.43% 5.06% 5.70%
EPS growth (last fiscal year) 17.08% 124.01% 39.61%
Revenue growth, 5-year CAGR 5.95% 10.06% 9.23%
Net income growth, 5-year CAGR 15.43% 13.23% 10.09%

Health

Metric AIZ ALL Insurance Property & Casualty median
Debt to equity 0.37 0.23 0.25
Current ratio 0.66 0.29 0.49
Net debt to EBITDA 0.26 0.55 0.08

Dividend

Metric AIZ ALL Insurance Property & Casualty median
Dividend yield 1.15% 1.59% 1.56%
Payout ratio 0.17 0.10 0.15

Size

Metric AIZ ALL Insurance Property & Casualty median
Market cap 15.14b 67.44b 2.64b

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