The Allstate Corporation (ALL) vs The Travelers Companies, Inc. (TRV)

The Allstate Corporation and The Travelers Companies, Inc. are both Insurance Property & Casualty companies. The Travelers Companies, Inc. is the larger, with a market value of $75.6B against $57.4B — 1.3× the size. The Allstate Corporation trades at the lower P/E: 4.5× against 9.6×. The Allstate Corporation grew revenue faster over the last twelve months: 5.92% against 2.39%. The Allstate Corporation has the higher net margin (18.8% vs 16.8%) and the higher return on invested capital (25.9% vs 16.2%). Both pay a dividend; The Allstate Corporation yields more (2.33% vs 1.94%). Across the 23 metrics below, The Allstate Corporation leads on 19 and The Travelers Companies, Inc. on 4.

Valuation

Metric ALL TRV Insurance Property & Casualty median
P/E 4.49 9.58 10.29
P/S 0.83 1.56 1.17
P/B 1.84 2.31 1.83
Price to free cash flow 4.76 6.97 7.48
EV/EBITDA 3.79 4.53 7.49
EV/Sales 0.93 1.73 1.13
Earnings yield 22.28% 10.44% 9.50%
Free cash flow yield 21.02% 14.35% 13.29%

Profitability

Metric ALL TRV Insurance Property & Casualty median
Gross margin 49.07% 49.51% 41.16%
Operating margin 23.82% 22.03% 15.09%
Net margin 18.80% 16.83% 11.51%
Free cash flow margin 17.46% 22.40% 17.59%
Return on equity 49.14% 26.32% 18.19%
Return on assets 10.96% 5.84% 3.74%
Return on invested capital 25.89% 16.22% 12.06%

Growth

Metric ALL TRV Insurance Property & Casualty median
Revenue growth (TTM) 5.92% 2.39% 8.69%
EPS growth (last fiscal year) 124.01% 27.76% —
Revenue growth, 5-year CAGR 10.06% 8.83% 9.23%
Net income growth, 5-year CAGR 13.23% 18.44% 10.09%

Health

Metric ALL TRV Insurance Property & Casualty median
Debt to equity 0.22 0.27 0.25
Current ratio 0.29 0.27 0.42
Net debt to EBITDA 0.55 0.52 0.08

Dividend

Metric ALL TRV Insurance Property & Casualty median
Dividend yield 2.33% 1.94% 2.79%
Payout ratio 1.08 0.40 0.27

Size

Metric ALL TRV Insurance Property & Casualty median
Market cap 57.44b 75.59b 2.44b

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