Allstate (ALL) Financials

$260.94 +5.10 (+1.99%)

Closing price 03:59 PM Eastern

Extended Trading

$262.24 +1.30 (+0.50%)

As of 05:56 PM Eastern

Annual Income Statements for Allstate

This table shows Allstate's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	2,055	1,761	3,438	2,012	4,678	5,461	1,500	-1,394	-316	4,550	10,165
Consolidated Net Income / (Loss)	2,171	1,877	3,554	2,160	4,847	5,576	1,581	-1,342	-213	4,599	10,266
Net Income / (Loss) Continuing Operations	2,171	1,877	3,554	2,160	4,327	5,429	5,174	-1,342	-213	4,599	10,266
Total Pre-Tax Income	3,282	2,754	4,549	2,628	5,443	6,802	6,466	-1,830	-348	5,761	13,156
Total Revenue	35,364	37,109	39,092	39,489	41,214	41,591	50,271	51,076	56,715	63,706	68,889
Net Interest Income / (Expense)	-292	-295	-335	-332	-327	-318	-330	-335	-379	-400	-399
Total Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Interest Expense	292	295	335	332	327	318	330	335	379	400	399
Long-Term Debt Interest Expense	292	295	335	332	327	318	330	335	379	400	399
Total Non-Interest Income	35,656	37,404	39,427	39,821	41,541	41,909	50,601	51,411	57,094	64,106	69,288
Other Service Charges	-	865	883	939	1,054	1,065	2,172	2,344	2,400	2,930	2,955
Net Realized & Unrealized Capital Gains on Investments	3,189	2,957	3,866	2,369	3,266	2,677	4,377	1,331	2,178	2,867	4,884
Premiums Earned	32,467	33,582	34,678	36,513	37,221	38,167	44,052	47,736	52,516	58,309	61,449
Total Non-Interest Expense	32,082	34,355	34,543	36,861	35,771	34,789	43,805	52,906	57,063	57,945	55,733
Salaries and Employee Benefits	-	-	-217	468	114	-51	-644	116	9.00	-37	-35
Property & Liability Insurance Claims	21,795	22,947	22,537	23,432	24,010	22,001	29,318	37,264	41,070	39,735	37,454
Current and Future Benefits	1,803	1,857	1,923	1,973	601	549	1,060	1,042	1,071	1,241	656
Other Operating Expenses	4,081	4,939	5,196	5,594	5,422	6,442	7,289	7,446	7,137	8,626	8,977
Amortization Expense	4,364	4,582	4,883	5,327	5,479	5,595	6,612	6,987	7,607	8,319	8,620
Restructuring Charge	39	30	96	67	39	253	170	51	169	61	61
Income Tax Expense	1,111	877	995	468	1,116	1,373	1,292	-488	-135	1,162	2,890
Preferred Stock Dividends Declared	116	116	116	148	169	115	114	105	128	117	117
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	-	0.00	0.00	-33	-53	-25	-68	-16
Basic Earnings per Share	$5.12	$4.72	$9.50	$5.78	$14.25	$17.53	$5.09	($5.14)	($1.20)	$17.22	$38.56
Weighted Average Basic Shares Outstanding	401.10M	372.80M	362M	347.80M	328.20M	311.60M	294.80M	271.20M	262.50M	264.30M	263.60M
Diluted Earnings per Share	$5.05	$4.67	$9.35	$5.70	$14.03	$17.31	$5.01	($5.14)	($1.20)	$16.99	$38.06
Weighted Average Diluted Shares Outstanding	406.80M	377.30M	367.80M	353.20M	333.50M	315.50M	299.10M	271.20M	262.50M	267.80M	267.10M
Weighted Average Basic & Diluted Shares Outstanding	401.40M	373.10M	362M	347.80M	316.91M	302.87M	278.35M	263.33M	263.07M	265.03M	259.54M
Cash Dividends to Common per Share	$1.20	$1.32	$1.48	$1.84	$2.00	$2.16	$3.24	$3.40	$3.56	$3.68	$4.00

This table shows Allstate's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
Net Income / (Loss) Attributable to Common Shareholders	1,460	1,189	301	1,161	1,899	566	2,079	3,717	3,803	2,428	3,241
Consolidated Net Income / (Loss)	1,487	1,198	347	1,164	1,890	596	2,099	3,744	3,827	2,458	3,271
Net Income / (Loss) Continuing Operations	1,487	1,198	347	1,164	1,890	596	2,099	3,744	3,827	2,458	3,271
Total Pre-Tax Income	1,827	1,464	430	1,418	2,449	719	2,703	4,819	4,915	3,108	4,142
Total Revenue	14,725	15,162	15,616	16,523	16,405	16,352	17,423	17,874	17,240	16,843	18,500
Net Interest Income / (Expense)	-107	-97	-98	-104	-101	-100	-100	-101	-98	-98	-96
Total Interest Income	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00
Total Interest Expense	107	97	98	104	101	100	100	101	98	98	96
Long-Term Debt Interest Expense	107	97	98	104	101	100	100	101	98	98	96
Total Non-Interest Income	14,832	15,259	15,714	16,627	16,506	16,452	17,523	17,975	17,338	16,941	18,596
Other Service Charges	650	669	679	781	801	762	747	691	755	719	728
Net Realized & Unrealized Capital Gains on Investments	527	600	609	1,026	632	505	1,500	1,921	958	533	2,064
Premiums Earned	13,655	13,990	14,426	14,820	15,073	15,185	15,276	15,363	15,625	15,689	15,804
Total Non-Interest Expense	12,898	13,698	15,186	15,105	13,956	15,633	14,720	13,055	12,325	13,735	14,358
Salaries and Employee Benefits	-47	-2.00	-9.00	26	-52	78	0.00	-108	-5.00	19	-146
Property & Liability Insurance Claims	8,780	9,501	10,801	10,409	9,024	10,815	10,249	8,654	7,736	9,185	9,862
Current and Future Benefits	286	296	291	317	337	333	188	67	68	76	72
Other Operating Expenses	1,864	1,885	2,019	2,217	2,505	2,245	2,135	2,265	2,332	2,225	2,315
Amortization Expense	1,987	2,008	2,071	2,108	2,132	2,146	2,133	2,160	2,181	2,225	2,248
Restructuring Charge	28	10	13	28	10	16	15	17	13	5.00	7.00
Income Tax Expense	340	266	83	254	559	123	604	1,075	1,088	650	871
Preferred Stock Dividends Declared	29	29	30	29	29	29	30	29	29	29	30
Net Income / (Loss) Attributable to Noncontrolling Interest	-2.00	-20	16	-26	-38	1.00	-10	-2.00	-5.00	1.00	0.00
Basic Earnings per Share	$5.56	$4.51	$1.14	$4.39	$7.18	$2.13	$7.86	$14.13	$14.44	$9.36	$12.66
Weighted Average Basic Shares Outstanding	262.50M	263.50M	264.10M	264.60M	264.30M	265.30M	264.60M	263.10M	263.60M	259.40M	256M
Diluted Earnings per Share	$5.56	$4.46	$1.13	$4.33	$7.07	$2.11	$7.76	$13.95	$14.24	$9.25	$12.51
Weighted Average Diluted Shares Outstanding	262.50M	266.50M	267.10M	268M	267.80M	268.80M	267.90M	266.40M	267.10M	262.60M	259.10M
Weighted Average Basic & Diluted Shares Outstanding	263.07M	263.92M	264.04M	264.80M	265.03M	264.82M	263.51M	261.68M	259.54M	257.42M	252.86M

This table details how cash moves in and out of Allstate's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-162	-59	181	-118	-161	39	386	-27	-14	-18	-26
Net Cash From Operating Activities	3,616	3,993	4,314	5,175	5,129	5,491	5,116	5,121	4,228	8,931	10,110
Net Cash From Continuing Operating Activities	3,616	3,993	4,314	5,175	5,129	5,491	5,116	5,121	4,228	8,931	10,110
Net Income / (Loss) Continuing Operations	2,171	1,877	3,554	2,160	4,847	5,576	1,581	-1,342	-213	4,599	10,266
Consolidated Net Income / (Loss)	2,171	1,877	3,554	2,160	4,847	5,576	1,581	-1,342	-213	4,599	10,266
Depreciation Expense	371	382	483	511	647	686	1,086	847	704	555	482
Non-Cash Adjustments to Reconcile Net Income	728	811	435	2,908	-1,025	-1,407	2,108	1,188	309	188	-1,470
Changes in Operating Assets and Liabilities, net	346	923	-158	-404	666	640	345	4,428	3,428	3,589	832
Net Cash From Investing Activities	742	-2,526	-1,210	-1,719	-2,807	-3,441	510	-1,728	-2,999	-8,252	-7,255
Net Cash From Continuing Investing Activities	742	-2,526	-1,210	-1,719	-2,807	-3,441	510	-1,728	-2,999	-8,252	-7,255
Purchase of Property, Leasehold Improvements and Equipment	-303	-313	-299	-277	-433	-308	-345	-420	-267	-210	-228
Acquisitions	-	-	-	-	-18	1.00	-3,593	0.00	0.00	-13	0.00
Purchase of Investment Securities	-37,630	-36,326	-40,199	-46,042	-41,216	-46,926	-38,776	-46,975	-33,455	-51,819	-90,691
Sale of Property, Leasehold Improvements and Equipment	-	-	-	-	-	0.00	0.00	209	27	18	0.00
Divestitures	1,101	881	1,125	764	756	0.00	2,058	-	0.00	0.00	3,041
Sale and/or Maturity of Investments	38,261	33,878	40,165	45,058	38,948	43,995	41,387	45,562	30,841	43,885	80,865
Other Investing Activities, net	-687	-646	-2,002	-1,222	-844	-203	-221	-104	-145	-113	-242
Net Cash From Financing Activities	-4,520	-1,526	-2,923	-3,574	-2,483	-2,011	-5,240	-3,420	-1,243	-697	-2,881
Net Cash From Continuing Financing Activities	-4,520	-1,526	-2,923	-3,574	-2,483	-2,011	-5,240	-3,420	-1,243	-697	-2,881
Issuance of Debt	0.00	1,236	0.00	589	491	1,189	0.00	0.00	743	495	0.00
Issuance of Preferred Equity	-	0.00	0.00	557	-1,132	-	0.00	0.00	587	0.00	0.00
Issuance of Common Equity	130	164	135	73	120	63	114	82	73	163	48
Repayment of Debt	-20	-17	0.00	-400	-317	0.00	-436	0.00	-750	-350	-600
Repurchase of Preferred Equity	-	0.00	0.00	-385	1,414	-288	-450	0.00	-575	0.00	0.00
Repurchase of Common Equity	-2,808	-1,337	-1,495	-2,303	-1,735	-1,737	-3,120	-2,520	-335	-2.00	-1,233
Payment of Dividends	-599	-602	-641	-748	-787	-776	-999	-1,031	-1,032	-1,079	-1,153
Other Financing Activities, Net	-1,223	-970	-922	-957	-537	-462	-349	49	46	76	57

This table details how cash moves in and out of Allstate's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
Net Change in Cash & Equivalents	-138	128	-251	331	-226	337	45	-155	-253	19	143
Net Cash From Operating Activities	1,225	1,666	2,359	3,201	1,705	1,964	1,873	3,284	2,989	3,562	2,634
Net Cash From Continuing Operating Activities	1,225	1,666	2,359	3,201	1,705	1,964	1,873	3,284	2,989	3,562	2,634
Net Income / (Loss) Continuing Operations	1,487	1,198	347	1,164	1,890	596	2,099	3,744	3,827	2,458	3,271
Consolidated Net Income / (Loss)	1,487	1,198	347	1,164	1,890	596	2,099	3,744	3,827	2,458	3,271
Depreciation Expense	165	132	132	140	151	132	127	115	108	101	86
Non-Cash Adjustments to Reconcile Net Income	30	162	1,521	954	-2,772	2,357	-746	-1,080	-71	705	-1,482
Changes in Operating Assets and Liabilities, net	-457	174	359	943	2,436	-1,121	393	505	-875	298	759
Net Cash From Investing Activities	-1,105	-1,372	-2,524	-2,685	-1,671	-1,293	-1,208	-2,805	-1,949	-2,627	-1,161
Net Cash From Continuing Investing Activities	-1,105	-1,372	-2,524	-2,685	-1,671	-1,293	-1,212	-2,806	-1,947	-2,627	-1,161
Purchase of Property, Leasehold Improvements and Equipment	-71	-41	-56	-63	-50	-92	1.00	-48	-89	-40	-43
Purchase of Investment Securities	-8,119	-9,333	-12,855	-15,159	-14,472	-14,704	-27,547	-30,491	-17,949	-28,948	-26,598
Sale and/or Maturity of Investments	7,084	7,984	10,388	12,553	12,960	13,532	24,495	26,619	16,216	26,372	25,516
Other Investing Activities, net	-7.00	0.00	-1.00	-16	-96	-29	-46	-42	-125	-11	-36
Net Cash From Financing Activities	-258	-166	-86	-185	-260	-334	-620	-634	-1,293	-916	-1,330
Net Cash From Continuing Financing Activities	-258	-166	-86	-185	-260	-334	-620	-634	-1,293	-916	-1,330
Repurchase of Common Equity	-	0.00	-	-	-2.00	-99	-340	-360	-434	-614	-1,051
Payment of Dividends	-269	-262	-273	-272	-272	-273	-295	-293	-292	-290	-310
Other Financing Activities, Net	-45	16	29	31	-	38	4.00	7.00	23	-12	53

This table presents Allstate's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	104,656	108,610	112,422	112,249	119,950	125,987	99,440	97,989	103,362	111,617	119,758
Cash and Due from Banks	495	436	617	499	338	311	763	736	722	704	678
Trading Account Securities	63,030	63,505	65,613	62,206	67,206	45,733	49,197	47,052	51,276	57,210	67,513
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accrued Investment Income	569	567	569	600	600	371	339	423	539	615	708
Premises and Equipment, Net	1,024	1,065	1,072	1,045	1,145	1,057	939	987	859	669	627
Mortgage Servicing Rights	4,338	4,486	4,534	4,670	4,817	746	821	762	822	784	879
Unearned Premiums Asset	5,544	5,597	5,786	6,154	6,472	6,463	8,364	9,165	10,044	10,614	11,474
Deferred Acquisition Cost	3,861	3,954	4,191	4,784	4,699	3,774	4,722	5,442	5,940	5,773	6,163
Goodwill	1,219	1,219	2,181	2,530	2,545	2,369	3,502	3,502	3,502	3,245	3,118
Other Assets	20,918	24,388	24,415	26,956	29,084	65,163	30,793	29,920	29,658	32,003	28,598
Total Liabilities & Shareholders' Equity	104,656	108,610	112,422	112,249	119,950	125,987	99,440	97,989	103,362	111,617	119,758
Total Liabilities	84,631	88,037	89,871	90,937	93,952	95,770	74,313	80,626	85,732	90,250	89,169
Long-Term Debt	5,124	6,347	6,350	6,451	6,631	7,825	7,976	7,964	7,942	8,085	7,490
Claims and Claim Expense	24,711	26,129	27,200	28,430	28,641	28,567	34,183	38,809	41,211	43,484	42,498
Future Policy Benefits	12,247	12,239	12,549	12,208	12,300	1,028	1,273	1,321	1,336	16	2.00
Unearned Premiums Liability	12,202	12,583	13,473	14,510	15,343	15,946	19,844	22,299	24,709	26,909	29,080
Other Long-Term Liabilities	5,394	7,086	7,421	8,162	10,301	41,547	10,129	9,353	9,635	11,772	10,101
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	20,025	20,573	22,551	21,312	25,998	30,217	25,127	17,363	17,630	21,367	30,589
Total Preferred & Common Equity	20,025	20,573	22,551	21,312	25,998	30,217	25,179	17,488	17,770	21,442	30,610
Total Common Equity	20,025	20,573	22,551	21,312	25,998	30,217	25,179	15,519	17,781	21,426	30,608
Common Stock	3,254	3,312	3,322	3,319	3,472	3,507	3,731	3,797	3,863	4,038	4,167
Retained Earnings	39,413	40,678	43,162	44,033	48,074	52,767	53,294	50,970	49,716	53,288	62,393
Treasury Stock	-23,620	-24,741	-25,982	-28,085	-29,746	-31,331	-34,471	-36,857	-37,110	-36,996	-38,206
Accumulated Other Comprehensive Income / (Loss)	-755	-416	306	118	1,950	3,304	655	-2,391	-689	-905	253
Other Equity Adjustments	1,733	1,740	1,743	1,927	2,248	1,970	1,970	-	2,001	2,001	2,001
Noncontrolling Interest	-	-	-	-	-	0.00	-52	-125	-140	-75	-21

This table presents Allstate's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026	6/30/2026
Total Assets	101,176	103,362	105,241	108,368	113,743	111,617	115,161	115,894	120,402	123,972	124,756
Cash and Due from Banks	860	722	850	599	816	704	840	995	931	697	840
Trading Account Securities	49,190	51,276	53,160	54,792	56,052	57,210	56,458	56,832	62,524	69,491	71,968
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accrued Investment Income	525	539	567	609	603	615	614	628	617	656	730
Premises and Equipment, Net	909	859	802	777	714	669	632	619	601	606	591
Mortgage Servicing Rights	830	822	815	815	765	784	770	807	831	868	842
Unearned Premiums Asset	10,102	10,044	10,573	10,762	11,041	10,614	11,053	11,271	11,745	11,648	11,864
Deferred Acquisition Cost	5,824	5,940	5,946	6,112	5,751	5,773	5,787	5,930	6,095	6,070	6,139
Goodwill	3,502	3,502	3,502	3,502	3,206	3,245	3,115	3,118	3,118	3,118	3,118
Other Assets	29,434	29,658	29,026	30,400	34,795	32,003	35,892	35,694	33,940	30,818	28,664
Total Liabilities & Shareholders' Equity	101,176	103,362	105,241	108,368	113,743	111,617	115,161	115,894	120,402	123,972	124,756
Total Liabilities	86,729	85,732	86,761	89,795	92,905	90,250	93,109	91,889	92,913	92,385	91,078
Long-Term Debt	7,946	7,942	7,938	8,082	8,083	8,085	8,086	8,087	8,089	7,491	7,492
Claims and Claim Expense	42,139	41,211	41,634	43,128	44,470	43,484	45,494	45,796	44,657	42,793	42,531
Future Policy Benefits	1,337	1,336	1,339	1,357	251	285	107	306	3.00	2.00	2.00
Unearned Premiums Liability	24,518	24,709	24,945	25,929	27,059	26,909	27,167	28,005	29,157	28,863	29,388
Other Long-Term Liabilities	9,933	9,635	10,029	10,421	13,019	11,503	12,276	9,697	11,010	13,238	11,667
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	14,447	17,630	18,480	18,573	20,838	21,367	22,052	24,005	27,489	31,587	33,678
Total Preferred & Common Equity	14,593	17,770	18,639	18,593	20,877	21,442	22,055	24,019	27,505	31,607	33,698
Preferred Stock	2,001	-	2,001	2,001	-	2,001	2,001	-	-	2,001	2,001
Total Common Equity	12,564	17,781	16,624	16,579	20,900	19,425	20,033	24,017	27,502	29,604	31,695
Common Stock	3,820	3,863	3,903	3,936	3,996	4,038	4,057	4,093	4,126	4,178	4,228
Retained Earnings	48,491	49,716	50,662	50,718	51,635	53,288	53,586	55,400	58,853	64,540	67,504
Treasury Stock	-37,149	-37,110	-37,044	-37,036	-37,006	-36,996	-37,080	-37,418	-37,773	-38,820	-39,842
Accumulated Other Comprehensive Income / (Loss)	-2,598	-689	-897	-1,039	274	-905	-530	-59	295	-294	-195
Noncontrolling Interest	-146	-140	-159	-20	-39	-75	-3.00	-14	-16	-20	-20

This table displays calculated financial ratios and metrics derived from Allstate's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	261,681,708.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	261,681,708.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	39.23
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.12	$4.72	$8.49	$6.05	$14.25	$17.53	$5.04	($5.22)	($1.20)	$17.22	$38.56
Adjusted Weighted Average Basic Shares Outstanding	401.10M	372.80M	362M	347.80M	328.20M	311.60M	294.80M	271.20M	262.50M	264.30M	263.60M
Adjusted Diluted Earnings per Share	$5.05	$4.67	$8.36	$5.96	$14.03	$17.31	$4.96	($5.22)	($1.20)	$16.99	$38.06
Adjusted Weighted Average Diluted Shares Outstanding	406.80M	377.30M	367.80M	353.20M	333.50M	315.50M	299.10M	271.20M	262.50M	267.80M	267.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	378.30M	365.13M	354.46M	331.96M	316.91M	302.87M	278.35M	263.33M	263.07M	265.03M	259.54M
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from Allstate's official financial filings.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	261,681,708.00	259,535,842.00	257,420,930.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	261,681,708.00	259,535,842.00	257,420,930.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	14.62	9.47	12.71
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	8.56%	10.67%	12.50%	14.67%	11.41%	7.85%	11.57%	8.18%	-	3.00%	6.18%
EBITDA Growth	1,053.11%	796.94%	135.98%	905.16%	30.52%	-46.68%	403.56%	216.69%	-	277.09%	49.40%
EBIT Growth	545.61%	460.59%	124.60%	6,852.38%	34.04%	-50.89%	528.60%	239.84%	-	332.27%	53.24%
NOPAT Growth	618.12%	521.53%	128.36%	8,018.37%	27.10%	-50.25%	504.90%	221.65%	-	312.42%	55.84%
Net Income Growth	602.36%	473.21%	125.24%	29,200.00%	27.10%	-50.25%	504.90%	221.65%	-	312.42%	55.84%
EPS Growth	634.62%	440.46%	121.36%	2,806.25%	27.16%	-52.69%	586.73%	222.17%	-	338.39%	61.21%
Operating Cash Flow Growth	26.29%	177.20%	101.80%	159.61%	39.18%	17.89%	-20.60%	2.59%	-	81.36%	40.63%
Free Cash Flow Firm Growth	-83.42%	-87.90%	-186.59%	-271.91%	-260.23%	-616.36%	-11.75%	45.69%	-	-107.49%	-73.97%
Invested Capital Growth	0.97%	2.30%	14.30%	29.15%	15.17%	14.08%	20.40%	23.02%	-	29.66%	28.29%
Revenue Q/Q Growth	2.19%	2.97%	2.99%	5.81%	-0.71%	-0.32%	6.55%	2.59%	-	-2.30%	9.84%
EBITDA Q/Q Growth	1,185.16%	-19.88%	-64.79%	177.22%	66.88%	-67.27%	232.55%	74.35%	-	-36.11%	31.75%
EBIT Q/Q Growth	8,800.00%	-19.87%	-70.63%	229.77%	72.71%	-70.64%	275.94%	78.28%	-	-36.77%	33.27%
NOPAT Q/Q Growth	10,215.65%	-19.44%	-71.04%	235.45%	62.37%	-68.47%	252.18%	78.37%	-	-35.77%	33.08%
Net Income Q/Q Growth	37,275.00%	-19.44%	-71.04%	235.45%	62.37%	-68.47%	252.18%	78.37%	-	-35.77%	33.08%
EPS Q/Q Growth	3,575.00%	-19.78%	-74.66%	283.19%	63.28%	-70.16%	267.77%	79.77%	-	-35.04%	35.24%
Operating Cash Flow Q/Q Growth	-0.65%	36.00%	41.60%	35.69%	-46.74%	15.19%	-4.63%	75.33%	-	19.17%	-26.05%
Free Cash Flow Firm Q/Q Growth	-60.20%	-51.29%	-593.72%	-79.58%	62.90%	-56.98%	-6.85%	12.73%	-	-35.04%	10.41%
Invested Capital Q/Q Growth	14.20%	3.31%	0.90%	8.50%	1.84%	2.33%	6.48%	10.86%	-	2.62%	5.35%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	13.53%	10.53%	3.60%	9.43%	15.85%	5.20%	16.24%	27.60%	-	19.05%	22.85%
EBIT Margin	12.41%	9.66%	2.75%	8.58%	14.93%	4.40%	15.51%	26.96%	-	18.45%	22.39%
Profit (Net Income) Margin	10.10%	7.90%	2.22%	7.04%	11.52%	3.64%	12.05%	20.95%	-	14.59%	17.68%
Tax Burden Percent	81.39%	81.83%	80.70%	82.09%	77.17%	82.89%	77.65%	77.69%	-	79.09%	78.97%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	-	100.00%	100.00%
Effective Tax Rate	18.61%	18.17%	19.30%	17.91%	22.83%	17.11%	22.35%	22.31%	-	20.91%	21.03%
Return on Invested Capital (ROIC)	22.50%	17.60%	5.33%	17.03%	26.68%	8.36%	27.36%	44.20%	-	29.26%	34.01%
ROIC Less NNEP Spread (ROIC-NNEP)	22.50%	17.60%	5.33%	17.03%	26.68%	8.36%	27.36%	44.20%	-	29.26%	34.01%
Return on Net Nonoperating Assets (RNNOA)	10.23%	8.04%	2.52%	7.74%	10.96%	3.31%	10.39%	14.79%	-	8.50%	9.18%
Return on Equity (ROE)	32.73%	25.64%	7.84%	24.77%	37.64%	11.67%	37.75%	58.99%	-	37.75%	43.19%
Cash Return on Invested Capital (CROIC)	-1.92%	2.73%	-1.22%	-9.09%	2.61%	0.98%	1.06%	5.18%	-	9.21%	11.53%
Operating Return on Assets (OROA)	6.99%	5.48%	1.58%	4.95%	8.85%	2.59%	9.23%	15.67%	-	10.71%	13.11%
Return on Assets (ROA)	5.69%	4.49%	1.27%	4.07%	6.83%	2.15%	7.17%	12.18%	-	8.47%	10.35%
Return on Common Equity (ROCE)	31.15%	24.41%	6.95%	23.49%	35.91%	10.56%	35.99%	59.09%	-	34.94%	41.72%
Return on Equity Simple (ROE_SIMPLE)	0.00%	7.01%	16.29%	20.10%	0.00%	18.12%	23.94%	30.28%	-	38.37%	39.47%
Net Operating Profit after Tax (NOPAT)	1,487	1,198	347	1,164	1,890	596	2,099	3,744	-	2,458	3,271
NOPAT Margin	10.10%	7.90%	2.22%	7.04%	11.52%	3.64%	12.05%	20.95%	-	14.59%	17.68%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%	0.00%
SG&A Expenses to Revenue	-0.32%	-0.01%	-0.06%	0.16%	-0.32%	0.48%	0.00%	-0.60%	-	0.11%	-0.79%
Operating Expenses to Revenue	87.59%	90.34%	97.25%	91.42%	85.07%	95.60%	84.49%	73.04%	-	81.55%	77.61%
Earnings before Interest and Taxes (EBIT)	1,827	1,464	430	1,418	2,449	719	2,703	4,819	-	3,108	4,142
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,992	1,596	562	1,558	2,600	851	2,830	4,934	-	3,209	4,228
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.02	2.71	2.54	2.40	2.63	2.74	2.22	2.06	-	1.82	1.93
Price to Tangible Book Value (P/TBV)	2.51	3.43	3.22	2.83	3.16	3.24	2.55	2.32	-	2.03	2.14
Price to Revenue (P/Rev)	0.63	0.77	0.70	0.81	0.80	0.85	0.80	0.83	-	0.78	0.87
Price to Earnings (P/E)	0.00	36.93	14.49	12.18	11.22	13.97	9.34	6.85	-	4.47	4.64
Dividend Yield	2.60%	2.09%	2.27%	1.92%	1.91%	1.82%	1.91%	1.83%	-	2.45%	1.75%
Earnings Yield	0.00%	2.71%	6.90%	8.21%	8.91%	7.16%	10.70%	14.61%	-	22.35%	21.53%
Enterprise Value to Invested Capital (EV/IC)	1.68	2.04	1.94	1.98	2.05	2.13	1.88	1.79	-	1.60	1.70
Enterprise Value to Revenue (EV/Rev)	0.76	0.93	0.86	0.92	0.95	0.99	0.91	0.94	-	0.90	0.99
Enterprise Value to EBITDA (EV/EBITDA)	120.68	24.74	11.99	10.04	9.56	11.51	7.70	5.68	-	3.91	4.02
Enterprise Value to EBIT (EV/EBIT)	0.00	35.45	13.95	11.15	10.48	12.78	8.28	5.96	-	4.03	4.11
Enterprise Value to NOPAT (EV/NOPAT)	0.00	41.31	17.04	13.66	13.12	16.04	10.50	7.65	-	5.16	5.25
Enterprise Value to Operating Cash Flow (EV/OCF)	10.16	10.19	7.96	6.78	6.76	6.95	6.91	7.22	-	5.35	5.60
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	75.67	0.00	0.00	83.95	231.49	193.55	38.10	-	19.63	16.55
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.45	0.43	0.44	0.39	0.38	0.37	0.34	0.29	-	0.24	0.22
Long-Term Debt to Equity	0.45	0.43	0.44	0.39	0.38	0.37	0.34	0.29	-	0.24	0.22
Financial Leverage	0.45	0.46	0.47	0.45	0.41	0.40	0.38	0.33	-	0.29	0.27
Leverage Ratio	5.75	5.71	6.15	6.09	5.51	5.44	5.27	4.85	-	4.46	4.17
Compound Leverage Factor	5.75	5.71	6.15	6.09	5.51	5.44	5.27	4.85	-	4.46	4.17
Debt to Total Capital	31.06%	30.05%	30.32%	27.95%	27.45%	26.83%	25.20%	22.74%	-	19.17%	18.20%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%	0.00%
Long-Term Debt to Total Capital	31.06%	30.05%	30.32%	27.95%	27.45%	26.83%	25.20%	22.74%	-	19.17%	18.20%
Preferred Equity to Total Capital	0.00%	7.57%	7.51%	0.00%	6.79%	6.64%	0.00%	0.00%	-	5.12%	4.86%
Noncontrolling Interests to Total Capital	-0.55%	-0.60%	-0.08%	-0.13%	-0.25%	-0.01%	-0.04%	-0.05%	-	-0.05%	-0.05%
Common Equity to Total Capital	69.53%	62.93%	62.20%	72.27%	65.95%	66.47%	74.84%	77.30%	-	75.76%	76.99%
Debt to EBITDA	22.31	3.64	1.88	1.42	1.28	1.45	1.03	0.72	-	0.47	0.43
Net Debt to EBITDA	20.28	3.25	1.74	1.27	1.17	1.30	0.90	0.64	-	0.42	0.38
Long-Term Debt to EBITDA	22.31	3.64	1.88	1.42	1.28	1.45	1.03	0.72	-	0.47	0.43
Debt to NOPAT	-32.60	6.08	2.67	1.93	1.76	2.02	1.41	0.97	-	0.62	0.56
Net Debt to NOPAT	-29.64	5.43	2.47	1.73	1.60	1.81	1.23	0.86	-	0.56	0.50
Long-Term Debt to NOPAT	-32.60	6.08	2.67	1.93	1.76	2.02	1.41	0.97	-	0.62	0.56
Noncontrolling Interest Sharing Ratio	4.84%	4.81%	11.34%	5.16%	4.59%	9.56%	4.66%	-0.16%	-	7.46%	3.42%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,242	605	-2,987	-5,364	-1,990	-3,124	-3,338	-2,913	-	-6,482	-5,807
Operating Cash Flow to CapEx	1,944.44%	7,243.48%	4,212.50%	5,080.95%	3,410.00%	2,134.78%	0.00%	6,841.67%	-	8,905.00%	6,125.58%
Free Cash Flow to Firm to Interest Expense	11.61	6.24	-30.48	-51.58	-19.70	-31.24	-33.38	-28.84	-	-66.14	-60.49
Operating Cash Flow to Interest Expense	11.45	17.18	24.07	30.78	16.88	19.64	18.73	32.51	-	36.35	27.44
Operating Cash Flow Less CapEx to Interest Expense	10.86	16.94	23.50	30.17	16.39	18.72	18.74	32.04	-	35.94	26.99
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.56	0.57	0.57	0.58	0.59	0.59	0.59	0.58	-	0.58	0.59
Fixed Asset Turnover	61.45	65.63	69.58	76.43	83.38	90.51	95.56	103.50	-	112.08	116.46
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	25,572	26,418	26,655	28,921	29,452	30,138	32,092	35,578	-	39,078	41,170
Invested Capital Turnover	2.23	2.23	2.40	2.42	2.32	2.29	2.27	2.11	-	2.00	1.92
Increase / (Decrease) in Invested Capital	245	593	3,334	6,528	3,880	3,720	5,437	6,657	-	8,940	9,078
Enterprise Value (EV)	42,960	53,952	51,601	57,303	60,358	64,123	60,388	63,703	-	62,587	69,884
Market Capitalization	35,880	45,022	42,137	50,075	51,051	54,879	53,310	56,561	-	53,812	61,251
Book Value per Share	$67.95	$63.09	$62.82	$79.15	$73.36	$75.59	$90.69	$104.37	-	$114.07	$123.13
Tangible Book Value per Share	$54.57	$49.80	$49.55	$67.01	$61.10	$63.84	$78.92	$92.54	-	$102.05	$111.01
Total Capital	25,572	26,418	26,655	28,921	29,452	30,138	32,092	35,578	-	39,078	41,170
Total Debt	7,942	7,938	8,082	8,083	8,085	8,086	8,087	8,089	-	7,491	7,492
Total Long-Term Debt	7,942	7,938	8,082	8,083	8,085	8,086	8,087	8,089	-	7,491	7,492
Net Debt	7,220	7,088	7,483	7,267	7,381	7,246	7,092	7,158	-	6,794	6,652
Capital Expenditures (CapEx)	63	23	56	63	50	92	-1.00	48	-	40	43
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00
Net Nonoperating Obligations (NNO)	7,942	7,938	8,082	8,083	8,085	8,086	8,087	8,089	-	7,491	7,492
Total Depreciation and Amortization (D&A)	165	132	132	140	151	132	127	115	-	101	86
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.56	$4.51	$1.14	$4.39	$7.18	$2.13	$7.86	$14.13	$14.44	$9.36	$12.66
Adjusted Weighted Average Basic Shares Outstanding	262.50M	263.50M	264.10M	264.60M	264.30M	265.30M	264.60M	263.10M	263.60M	259.40M	256M
Adjusted Diluted Earnings per Share	$5.56	$4.46	$1.13	$4.33	$7.07	$2.11	$7.76	$13.95	$14.24	$9.25	$12.51
Adjusted Weighted Average Diluted Shares Outstanding	262.50M	266.50M	267.10M	268M	267.80M	268.80M	267.90M	266.40M	267.10M	262.60M	259.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	263.07M	263.92M	264.04M	264.80M	265.03M	264.82M	263.51M	261.68M	259.54M	257.42M	252.86M
Normalized Net Operating Profit after Tax (NOPAT)	1,510	1,206	357	1,187	1,898	609	2,111	3,757	-	2,462	3,277
Normalized NOPAT Margin	10.25%	7.96%	2.29%	7.18%	11.57%	3.73%	12.11%	21.02%	-	14.62%	17.71%
Pre Tax Income Margin	12.41%	9.66%	2.75%	8.58%	14.93%	4.40%	15.51%	26.96%	-	18.45%	22.39%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	17.07	15.09	4.39	13.63	24.25	7.19	27.03	47.71	-	31.71	43.15
NOPAT to Interest Expense	13.90	12.35	3.54	11.19	18.71	5.96	20.99	37.07	-	25.08	34.07
EBIT Less CapEx to Interest Expense	16.49	14.86	3.82	13.03	23.75	6.27	27.04	47.24	-	31.31	42.70
NOPAT Less CapEx to Interest Expense	13.31	12.11	2.97	10.59	18.22	5.04	21.00	36.59	-	24.67	33.63
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-484.51%	79.94%	34.84%	25.64%	23.46%	27.27%	19.34%	13.60%	-	9.65%	8.91%
Augmented Payout Ratio	-641.78%	93.87%	35.77%	25.64%	23.51%	29.80%	27.01%	23.22%	-	24.06%	27.40%

Financials Breakdown Chart

Key Financial Trends

Allstate’s latest quarter shows solid profitability and strong operating cash flow, but the trend is less clean when you compare it with the prior year and the company’s balance sheet. In Q1 2026, Allstate generated $2.46 billion of net income and $3.56 billion of operating cash flow, both strong results for an insurer. However, earnings were down sharply from Q4 2025 and also below the unusually strong capital-gains-driven quarters in 2025. At the same time, common equity declined from year-end 2024 levels, and book value remained under pressure from a large treasury stock balance and ongoing insurance liability growth.

Here are the key trends investors should focus on:

Operating cash flow improved meaningfully in Q1 2026. Net cash from operating activities rose to $3.56 billion, up from $2.99 billion in Q4 2025 and $1.87 billion in Q2 2025.
Q1 2026 earnings remained strong. Net income of $2.46 billion and diluted EPS of $9.25 indicate the business is still highly profitable despite quarter-to-quarter volatility.
Premium income stayed resilient. Q1 2026 premiums earned were $15.69 billion, slightly above Q1 2025 and roughly in line with recent quarterly levels.
Shareholder returns continue. Allstate paid $290 million in dividends and repurchased $614 million of common stock in Q1 2026.
Balance sheet remains sizable and liquid. Total assets were $123.97 billion, with $69.49 billion in trading account securities and $697 million in cash and due from banks.
Investment results are a major earnings swing factor. Net realized and unrealized gains were $533 million in Q1 2026, far below the very strong Q3 and Q4 2025 levels, showing how dependent reported earnings can be on market gains.
Long-term debt was stable. Debt stood at about $7.49 billion in Q1 2026 versus $8.09 billion a year earlier, suggesting no major leverage build-up.
Book value improved from early 2025 but remains below late-2024 levels. Total common equity was $29.6 billion in Q1 2026, up from $20.0 billion in Q1 2025, but still below the higher levels seen in Q4 2024.
Quarterly earnings are volatile. Allstate’s net income swung from a loss in some 2023 quarters to strong profits in 2024 and 2025, then back to a more moderate Q1 2026 result, which makes earnings less predictable.
Insurance liabilities remain large. Claims and claim expense liabilities were $42.79 billion in Q1 2026, underscoring the ongoing reserve and claims risk inherent in the business.

Bottom line: Allstate still looks financially solid, with strong operating cash generation and consistent premium income. The main takeaway is that profitability remains healthy, but reported earnings can move a lot depending on claims experience and investment gains. For retail investors, this is still a company with meaningful cash generation and capital returns, but one that carries the usual insurance-sector volatility in both earnings and book value.

08/13/26 08:05 PM ETAI Generated. May Contain Errors.

Allstate Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Allstate's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Allstate's net income appears to be on an upward trend, with a most recent value of $10.27 billion in 2025, rising from $2.17 billion in 2015. The previous period was $4.60 billion in 2024. See Allstate's forecast for analyst expectations on what's next for the company.

Over the last 10 years, Allstate's total revenue changed from $35.36 billion in 2015 to $68.89 billion in 2025, a change of 94.8%.

Allstate's total liabilities were at $89.17 billion at the end of 2025, a 1.2% decrease from 2024, and a 5.4% increase since 2015.

In the past 10 years, Allstate's cash and equivalents has ranged from $311 million in 2020 to $763 million in 2021, and is currently $678 million as of their latest financial filing in 2025.

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Financial statements for NYSE:ALL last updated on 8/5/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Allstate (ALL) Financials

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Allstate (ALL) Financials

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Allstate Financials - Frequently Asked Questions

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