ALLSTATE CORP
Business
Allstate Corporation is one of the largest personal lines property-casualty insurers in the United States, offering private passenger auto, homeowners, specialty auto and other personal lines insurance. The company distributes products through exclusive agents, independent agents, and direct channels under the Allstate, National General, Direct Auto and Answer Financial brands. Allstate also operates Protection Services, which provides consumer product protection plans, roadside assistance, identity protection, dealer services, and telematics-enabled mobility insights; and Run-off Property-Liability, which manages legacy policies from the 1960s through mid-1980s with asbestos and environmental exposures.
Summary from 10-K filed 2026-02-20
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Insurance premiums and contract charges | 61,449 | 58,309 | 52,516 | 47,736 | 44,052 | |
| Other revenue | 2,955 | 2,930 | 2,400 | 2,344 | 2,172 | |
| Net investment income | 3,449 | 3,092 | 2,478 | 2,403 | 3,293 | |
| Net gains (losses) on investments and derivatives | −168 | −225 | −300 | — | — | |
| Total revenues | 67,685 | 64,106 | 57,094 | 51,411 | 50,601 | |
| Accident, health and other policy benefits | 656 | 1,241 | 1,071 | 1,042 | 1,060 | |
| Amortization of deferred policy acquisition costs | 8,389 | 8,039 | 7,278 | 6,634 | 6,236 | |
| Operating costs and expenses | 8,977 | 8,626 | 7,137 | 7,446 | 7,260 | |
| Pension and other postretirement remeasurement (gains) losses | −35 | −37 | 9 | 116 | −644 | |
| Restructuring and related charges | 61 | 61 | 169 | 51 | 170 | |
| Amortization of purchased intangibles | 231 | 280 | 329 | 353 | 376 | |
| Interest expense | 399 | 400 | 379 | 335 | — | |
| Total costs and expenses | 56,132 | 58,345 | 57,442 | 53,241 | 44,135 | |
| Gain on disposition of operations | 1,603 | 0 | 0 | — | — | |
| Income (loss) from operations before income taxes | 13,156 | 5,761 | −348 | — | — | |
| Income tax expense (benefit) | 2,890 | 1,162 | −135 | −488 | 1,292 | |
| Net income (loss) | 10,266 | 4,599 | −213 | −1,342 | 1,581 | |
| Less: Net loss attributable to noncontrolling interest | −16 | −68 | −25 | −53 | −33 | |
| Net income (loss) attributable to Allstate | 10,282 | 4,667 | −188 | −1,289 | 1,614 | |
| Less: Preferred stock dividends | 117 | 117 | 128 | 105 | 114 | |
| Net income (loss) applicable to common shareholders, basic | 10,165 | 4,550 | −316 | −1,394 | 1,500 | |
| Net income (loss) applicable to common shareholders, diluted | 10,165 | 4,550 | −316 | −1,394 | 1,500 | |
| Net income (loss) applicable to common shareholders per common share - Basic (in dollars per share) | 38.56 | 17.22 | −1.2 | −5.14 | 5.09 | |
| Weighted average common shares - Basic (in shares) | 264 | 264 | 263 | 271 | 295 | |
| Net income (loss) applicable to common shareholders per common share - Diluted (in dollars per share) | 38.06 | 16.99 | −1.2 | −5.14 | 5.01 | |
| Weighted average common shares - Diluted (in shares) | 267 | 268 | 263 | 271 | 299 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Fixed income securities, at fair value (amortized cost, net $58,730 and $53,616) | 59,115 | 52,747 | 48,865 | 42,485 | 42,136 | |
| Equity securities, at fair value (cost $8,026 and $4,329) | 8,398 | 4,463 | 2,411 | 4,567 | 7,061 | |
| Mortgage loans, net | 879 | 784 | 822 | 762 | 821 | |
| Limited partnership interests | 8,844 | 9,255 | 8,380 | 8,114 | 8,018 | |
| Short-term, at fair value (amortized cost $4,888 and $4,539) | 4,887 | 4,537 | 5,144 | 4,173 | 4,010 | |
| Other investments, net | 1,114 | 824 | 1,055 | 1,728 | 2,656 | |
| Total investments | 83,237 | 72,610 | 66,677 | 61,829 | 64,701 | |
| Cash | 678 | 704 | 722 | 736 | 763 | |
| Premium installment receivables, net | 11,474 | 10,614 | 10,044 | 9,165 | 8,364 | |
| Deferred policy acquisition costs | 6,163 | 5,773 | 5,940 | 5,442 | 4,738 | |
| Reinsurance and indemnification recoverables, net | 8,501 | 8,924 | 8,809 | 9,619 | 10,024 | |
| Accrued investment income | 708 | 615 | 539 | 423 | 339 | |
| Deferred income taxes | 0 | 231 | 219 | 382 | 0 | |
| Property and equipment, net | 627 | 669 | 859 | 987 | 939 | |
| Goodwill | 3,118 | 3,245 | 3,502 | 3,502 | 3,502 | |
| Other assets, net | 5,252 | 5,140 | 6,051 | 5,904 | 6,086 | |
| Assets held for sale | 0 | 3,092 | 0 | — | 0 | |
| Total assets | 119,758 | 111,617 | 103,362 | 97,989 | 99,440 | |
| Reserve for property and casualty insurance claims and claims expense | 41,079 | 41,917 | 39,858 | — | — | |
| Unearned premiums | 29,080 | 26,909 | 24,709 | 22,299 | 19,844 | |
| Claim payments outstanding | 1,419 | 1,567 | 1,353 | 1,268 | 1,123 | |
| Deferred income taxes | 227 | 0 | — | 0 | 833 | |
| Other liabilities and accrued expenses | 9,874 | 9,659 | 9,635 | 9,353 | 9,296 | |
| Debt | 7,490 | 8,085 | 7,942 | 7,964 | 7,976 | |
| Liabilities held for sale | 0 | 2,113 | 0 | — | 0 | |
| Total liabilities | 89,169 | 90,250 | 85,732 | 80,626 | 74,313 | |
| Commitments and Contingent Liabilities (Note 8, 10 and 14) | — | — | — | — | — | |
| Preferred stock and additional capital paid-in, $1 par value, 25 million shares authorized, 82.0 thousand shares issued and outstanding, $2,050 aggregate liquidation preference | 2,001 | 2,001 | 2,001 | 1,970 | 1,970 | |
| Common stock, $.01 par value, 2.0 billion shares authorized and 900 million issued, 260 million and 265 million shares outstanding | 9 | 9 | 9 | 9 | 9 | |
| Additional capital paid-in | 4,158 | 4,029 | 3,854 | 3,788 | 3,722 | |
| Retained income | 62,393 | 53,288 | 49,716 | 50,970 | 53,294 | |
| Treasury stock, at cost (640 million and 635 million shares) | −38,206 | −36,996 | −37,110 | −36,857 | −34,471 | |
| Unrealized net capital gains and losses | 297 | −771 | −604 | −2,255 | 598 | |
| Unrealized foreign currency translation adjustments | −55 | −145 | −98 | −165 | −15 | |
| Unamortized pension and other postretirement prior service credit | 11 | 11 | 13 | 29 | 72 | |
| Discount rate for reserve for future policy benefits | 2 | 16 | −11 | −1 | — | |
| Total accumulated other comprehensive income (loss) | 255 | −889 | −700 | −2,392 | 655 | |
| Total Allstate shareholders equity | 30,610 | 21,442 | 17,770 | 17,488 | 24,944 | |
| Noncontrolling interest | −21 | −75 | −140 | −125 | −52 | |
| Total equity | 30,589 | 21,367 | 17,630 | 17,363 | 24,892 | |
| Total liabilities and equity | 119,758 | 111,617 | 103,362 | 97,989 | 99,440 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation, amortization and other non-cash items | 482 | 555 | 704 | 847 | 1,086 | |
| Pension and other postretirement remeasurement (gains) losses | −35 | −37 | 9 | 116 | −644 | |
| Claims and claims expense and other insurance reserves | −943 | 2,171 | 2,202 | 4,445 | 2,444 | |
| Unearned premiums | 2,120 | 2,294 | 2,385 | 2,539 | 1,608 | |
| Deferred policy acquisition costs | −365 | −347 | −489 | −713 | −624 | |
| Premium installment receivables, net | −831 | −705 | −861 | −1,038 | −498 | |
| Reinsurance and indemnification recoverables, net | 630 | −226 | 807 | 451 | −1,570 | |
| Income taxes | 583 | 753 | −229 | −715 | 353 | |
| Other operating assets and liabilities | −362 | −351 | −387 | −541 | −1,368 | |
| Net cash provided by operating activities | 10,110 | 8,931 | 4,228 | 5,121 | 5,116 | |
| Fixed income securities | 72,897 | 38,751 | 22,973 | 31,494 | 31,774 | |
| Equity securities | 6,729 | 3,168 | 5,400 | 10,969 | 4,513 | |
| Limited partnership interests | 1,357 | 633 | 710 | 970 | 886 | |
| Other investments | 243 | 265 | 594 | 1,071 | 1,406 | |
| Fixed income securities | 814 | 1,509 | 1,641 | 728 | 2,284 | |
| Mortgage loans | 127 | 151 | 81 | 163 | 860 | |
| Other investments | 55 | 41 | 152 | 167 | 550 | |
| Fixed income securities | −78,784 | −46,590 | −29,431 | −36,920 | −33,857 | |
| Equity securities | −10,595 | −4,980 | −2,935 | −9,294 | −6,409 | |
| Limited partnership interests | −1,269 | −1,434 | −890 | −1,258 | −1,766 | |
| Mortgage loans | −242 | −113 | −145 | −104 | −221 | |
| Other investments | −609 | −172 | −292 | −295 | −1,647 | |
| Change in short-term and other investments, net | −791 | 724 | −617 | 792 | 4,017 | |
| Purchases of property and equipment, net | −228 | −210 | −267 | −420 | −345 | |
| Proceeds from sale of property and equipment | 0 | 18 | 27 | 209 | 0 | |
| Acquisition of operations, net of cash acquired | 0 | −13 | 0 | 0 | −3,593 | |
| Proceeds from disposition of operations, net of cash transferred | 3,041 | 0 | 0 | 0 | 2,058 | |
| Net cash used in investing activities | −7,255 | −8,252 | −2,999 | −1,728 | 510 | |
| Proceeds from issuance of debt | 0 | 495 | 743 | 0 | 0 | |
| Redemption and repayment of debt | −600 | −350 | −750 | 0 | −436 | |
| Proceeds from issuance of preferred stock | 0 | 0 | 587 | 0 | 0 | |
| Redemption of preferred stock | 0 | 0 | −575 | 0 | −450 | |
| Contractholder fund deposits | 30 | 129 | 130 | 133 | 826 | |
| Contractholder fund withdrawals | −15 | −37 | −35 | −49 | −1,140 | |
| Dividends paid on common stock | −1,036 | −962 | −925 | −926 | −885 | |
| Dividends paid on preferred stock | −117 | −117 | −107 | −105 | −114 | |
| Treasury stock purchases | −1,233 | −2 | −335 | −2,520 | −3,120 | |
| Shares reissued under equity incentive plans, net | 48 | 163 | 73 | 82 | 114 | |
| Other | 42 | −16 | −49 | −35 | −35 | |
| Net cash used in financing activities | −2,881 | −697 | −1,243 | −3,420 | −5,240 | |
| Net decrease in cash | −26 | −18 | −14 | −27 | 386 |
Filings
Material Events
Insiders
Institutional Holders
Holdings (13F)
Portfolio as of 2026-03-31 · 1,305 positions
Top sectors
| Sector | Value | % of portfolio |
|---|---|---|
| Uncategorized | $12.82B | 100.0% |
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Frequently asked questions
What is ALLSTATE CORP's CIK number?
ALLSTATE CORP's SEC CIK number is 0000899051 (899051). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find ALLSTATE CORP's SEC filings?
All of ALLSTATE CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did ALLSTATE CORP last report earnings?
ALLSTATE CORP (ALL) most recently filed an earnings 8-K with the SEC on Apr 29, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000899051-26-000074). This is ALLSTATE CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is ALLSTATE CORP's most recent earnings 8-K?
ALLSTATE CORP's latest earnings 8-K (Item 2.02) was filed Apr 29, 2026 under accession 0000899051-26-000074. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View ALLSTATE CORP's latest earnings 8-K →
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