Loading…
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in four segments: Allstate Protection; Run-off Property-Liability; Protection Services; and Corporate and Other. The company offers private passenger auto, homeowners, other personal lines and commercial insurance through exclusive agents, independent agents, contact centers and online under the Allstate, National General, Direct Auto and Answer Financial brands. It also provides consumer product protection plans, device and mobile data collection services, and analytic solutions using automotive telematics information, roadside assistance, and protection plans; and insurance products, such as identity protection and restoration. In addition, the company offers property and casualty insurance, as well as engages in company activities and certain non-insurance operations, including expenses associated with strategic initiatives. Further, it offers automotive protection; vehicle service contracts, guaranteed asset protection, road hazard tires and wheels, and paintless dent repair protection; and roadside assistance, mobility data collection services, and analytic solutions using automotive telematics information, identity theft protection, and remediation services. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $67.1B | - | $10.3B | $9.9B | 35.9% | 5.6% | 120.3% |
| 2024 | $63.5B | - | $4.7B | $8.7B | 24.0% | 12.2% | -2582.4% |
| 2023 | $56.6B | - | $-188M | $4.0B | -1.2% | 11.8% | -85.4% |
| 2022 | $50.6B | - | $-1.3B | $4.7B | -8.3% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 50,617 | 56,591 | 63,515 | 67,069 |
| Operating Revenue | - | 50,617 | 56,591 | 63,515 | 67,069 |
| Selling General And Administration | - | 116 | 9 | -37 | -35 |
| Total Expenses | - | 52,447 | 56,939 | 57,754 | 53,913 |
| EBIT | - | -1,495 | 31 | 6,161 | 13,555 |
| Interest Expense | - | 335 | 379 | 400 | 399 |
| Net Interest Income | - | -335 | -379 | -400 | -399 |
| Other Income Expense | - | 2,344 | 2,400 | 2,930 | 2,955 |
| Interest Expense Non Operating | - | 335 | 379 | 400 | 399 |
| Net Non Operating Interest Income Expense | - | -335 | -379 | -400 | -399 |
| Pretax Income | - | -1,830 | -348 | 5,761 | 13,156 |
| Tax Provision | - | -488 | -135 | 1,162 | 2,890 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -13.62 | -65.57 | -12.32 | 339.24 |
| Net Income Continuous Operations | - | -1,342 | -213 | 4,599 | 10,266 |
| Net Income From Continuing And Discontinued Operation | - | -1,289 | -188 | 4,667 | 10,282 |
| Net Income From Continuing Operation Net Minority Interest | - | -1,289 | -188 | 4,667 | 10,282 |
| Net Income | - | -1,289 | -188 | 4,667 | 10,282 |
| Net Income Common Stockholders | - | -1,394 | -316 | 4,550 | 10,165 |
| Net Income Including Noncontrolling Interests | - | -1,342 | -213 | 4,599 | 10,266 |
| Normalized Income | - | -1,251.62 | -84.57 | 4,715.68 | 9,079.24 |
| Diluted NI Availto Com Stockholders | - | -1,394 | -316 | 4,550 | 10,165 |
| Basic Average Shares | - | 271.20 | 262.50 | 264.30 | 263.60 |
| Diluted Average Shares | - | 271.20 | 262.50 | 267.80 | 267.10 |
| Reconciled Depreciation | - | 847 | 704 | 555 | 482 |
| Total Unusual Items | - | -51 | -169 | -61 | 1,542 |
| Total Unusual Items Excluding Goodwill | - | -51 | -169 | -61 | 1,542 |
| Preferred Stock Dividends | - | 105 | 128 | 117 | 117 |
| Minority Interests | - | 53 | 25 | 68 | 16 |
| Net Income Discontinuous Operations | -3,593 | 0 | 0 | - | - |
| Special Income Charges | - | -51 | -169 | -61 | 1,542 |
| Other Special Charges | - | - | - | - | -1,603 |
| Impairment Of Capital Assets | 0 | - | - | - | - |
| Restructuring And Mergern Acquisition | - | 51 | 169 | 61 | 61 |
| Depreciation And Amortization In Income Statement | - | 353 | 329 | 280 | 231 |
| General And Administrative Expense | - | 116 | 9 | -37 | -35 |
| Salaries And Wages | - | 116 | 9 | -37 | -35 |
| Other Operating Expenses | - | 7,446 | 7,137 | 8,626 | 8,977 |
| Amortization | - | 353 | 329 | 280 | 231 |
| Loss Adjustment Expense | - | 38,306 | 42,141 | 40,976 | 38,110 |
| Net Policyholder Benefits And Claims | - | 38,306 | 42,141 | 40,976 | 38,110 |
| Policyholder Benefits Gross | 33,902 | 39,953 | - | - | - |
| Policyholder Benefits Ceded | 3,569 | 1,628 | - | - | - |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| The Allstate Corporationthis co. | ALL | $54.3B | 5.28↓ discount | 1.90 | 35.9% | - |
| The Travelers Companies, Inc. | TRV | $62.4B | 10.00 | 1.90 | 19.0% | - |
| Truist Financial Corporation | TFC | $61.3B | 11.55 | 1.02 | 8.8% | - |
| Aflac Incorporated | AFL | $58.7B | 16.09 | 1.99 | 12.4% | - |
| Arthur J. Gallagher & Co. | AJG | $54.2B |
| - |
| - |
| - |
| - |
| - |
| - |
| 36.29 |
| 2.32 |
| 6.4% |
| 18.26 |
| MetLife, Inc. | MET | $53.7B | 15.89 | 1.89 | 11.9% | - |
| Nasdaq, Inc. | NDAQ | $50.0B | 27.98 | 4.09 | 14.6% | 18.81 |
| Fifth Third Bancorp | FITB | $46.9B | 18.61 | 2.35 | 12.6% | - |
| State Street Corporation | STT | $45.0B | 15.30 | 1.86 | 12.1% | - |
| Peer Median | - | 15.99 | 1.94 | 12.2% | 18.53 | |