The Allstate Corporation (ALL) vs Chubb Limited (CB)

The Allstate Corporation and Chubb Limited are both Insurance Property & Casualty companies. Chubb Limited is the larger, with a market value of $129.3B against $57.4B — 2.3× the size. The Allstate Corporation trades at the lower P/E: 4.5× against 11.7×. Chubb Limited grew revenue faster over the last twelve months: 8.02% against 5.92%. The Allstate Corporation has the higher net margin (18.8% vs 18.1%) and the higher return on invested capital (25.9% vs 9.52%). Both pay a dividend; The Allstate Corporation yields more (2.33% vs 1.46%). Across the 23 metrics below, The Allstate Corporation leads on 17 and Chubb Limited on 6.

Valuation

Metric ALL CB Insurance Property & Casualty median
P/E 4.49 11.68 10.29
P/S 0.83 2.09 1.17
P/B 1.84 1.60 1.83
Price to free cash flow 4.76 8.40 7.48
EV/EBITDA 3.79 9.83 7.49
EV/Sales 0.93 2.39 1.13
Earnings yield 22.28% 8.56% 9.50%
Free cash flow yield 21.02% 11.91% 13.29%

Profitability

Metric ALL CB Insurance Property & Casualty median
Gross margin 49.07% 31.02% 41.16%
Operating margin 23.82% 24.55% 15.09%
Net margin 18.80% 18.10% 11.51%
Free cash flow margin 17.46% 24.88% 17.59%
Return on equity 49.14% 14.41% 18.19%
Return on assets 10.96% 4.12% 3.74%
Return on invested capital 25.89% 9.52% 12.06%

Growth

Metric ALL CB Insurance Property & Casualty median
Revenue growth (TTM) 5.92% 8.02% 8.69%
EPS growth (last fiscal year) 124.01% 13.13% —
Revenue growth, 5-year CAGR 10.06% 10.54% 9.23%
Net income growth, 5-year CAGR 13.23% 23.89% 10.09%

Health

Metric ALL CB Insurance Property & Casualty median
Debt to equity 0.22 0.27 0.25
Current ratio 0.29 0.25 0.42
Net debt to EBITDA 0.55 1.31 0.08

Dividend

Metric ALL CB Insurance Property & Casualty median
Dividend yield 2.33% 1.46% 2.79%
Payout ratio 1.08 0.24 0.27

Size

Metric ALL CB Insurance Property & Casualty median
Market cap 57.44b 129.34b 2.44b

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