ALLSTATE CORPALL
ALLSTATE CORP Financial Overview 2021–2025
Updated Jul 10, 2026Allstate's net income surged to $10.17 billion in FY2025, marking a drastic operational turnaround from a punishing $1.42 billion net loss in FY2022. By aggressively raising premiums, capping non-catastrophe auto losses, and shedding peripheral health units, the legacy insurer has fundamentally repaired its core property-liability margins and repositioned itself for leaner, highly profitable growth.
Despite navigating severe inflationary pressures and heightened catastrophe claims early in the cycle, total revenue grew steadily from $50.59 billion in FY2021 to $67.69 billion in FY2025. This top-line expansion was heavily supported by structural fixes within the Allstate Protection segment, which flipped from a $2.78 billion underwriting loss in FY2022 to an $8.69 billion underwriting gain by FY2025. Management's strategic decision to divest its employer voluntary benefits and group health businesses unlocked significant capital and generated over $1.6 billion in pre-tax gains, culminating in a new $4.00 billion share repurchase authorization. As earnings rapidly recovered from a deficit of $-5.14 per share in FY2022 to a robust $16.99 per share by FY2024, market sentiment rebounded accordingly, with the stock closing at $208.15 per share at the end of FY2025.
Recent Developments (Q4 2025 and Q1 2026)
In Q1 2026, Allstate's profitability accelerated as net income jumped to $2.43 billion, up from $566 million in Q1 2025. This expansion was fueled by a massive drop in catastrophe losses to $1.24 billion—down from $2.20 billion a year prior—which propelled quarterly underwriting income to $2.66 billion. Total revenues also rose 3.0% to $16.94 billion, supported by steady auto and homeowners policy growth.
The insurer returned $620 million to shareholders through buybacks during the quarter and recently saw investors reject a proposal tying executive pay to ESG metrics at its May annual meeting. Bulls argue the steep decline in catastrophe claims and rising net investment income, which reached $938 million, justify further upside. Conversely, bears warn that ongoing monthly weather volatility could quickly erode margins if storm severity returns. Trading at 12.5x earnings as of the April 29, 2026 reporting date, the stock appears attractively valued against its robust underwriting recovery.
What to watch: monthly catastrophe loss estimates heading into peak storm season; yield trends across the company's expanding investment portfolio.
Rev
$64.11B
FY2024
NI
$4.67B
FY2024
EPS$ALL
$17.22
FY2024
OCF
$8.93B
FY2024
Year-over-year comparison from 10-K annual reports
Data from SEC Company Facts
Recent SEC Filings
ALLSTATE CORP 8-K Report, Regulation FD Disclosure (Jun 18, 2026)
Allstate Corp (ALL) has filed an 8-K on June 18, 2026, primarily to disclose its May 2026 monthly financial update. This filing includes an attached press release, incorporated by reference, which provides investors with estimated catastrophe losses and information on policies in force for the month. This timely disclosure allows investors to monitor the company's performance and potential impacts from significant weather events, a crucial factor for property and casualty insurers. The key takeaway for investors is Allstate's commitment to transparency in providing regular operational updates. While this 8-K does not contain audited financial statements or material definitive agreements, it serves as a vital channel for disseminating information regarding factors that can materially influence the company's financial results, specifically catastrophe-related claims and the ongoing stability of its customer base as indicated by policies in force.
ALLSTATE CORP 8-K Report, Shareholder Vote Results (May 27, 2026)
Allstate Corp (ALL) filed an 8-K on May 27, 2026, detailing the results of its Annual Stockholders Meeting held on May 22, 2026. The meeting confirmed the election of all eleven director nominees for one-year terms expiring at the 2027 annual meeting, with each director receiving a substantial majority of the votes cast. Furthermore, shareholders provided advisory approval for the compensation of named executives ('Say-on-Pay') and ratified the appointment of Deloitte & Touche LLP as the company's independent registered public accountant for 2026. Notably, a shareholder proposal requesting a report on the use of ESG and DEI metrics in executive compensation did not pass, indicating a lack of majority support from shareholders.
ALLSTATE CORP 8-K Report, Regulation FD Disclosure (May 21, 2026)
Allstate Corp (ALL) has filed an 8-K report on May 21, 2026, primarily to disclose its April 2026 monthly release concerning estimated catastrophe losses and policies in force. This information is made available to investors via the company's investor relations website and is attached as an exhibit to this filing. Investors should note that this exhibit is furnished, not filed, under Regulation FD disclosure rules, meaning it's intended for broad dissemination of material information. The key takeaway for investors is access to the latest estimated catastrophe loss figures and an update on the company's policies in force. This data is crucial for assessing the potential impact of weather-related events on Allstate's financial performance and understanding the scale of its ongoing business operations. Investors are encouraged to review the attached exhibit for detailed figures and any accompanying commentary provided by the company.
ALLSTATE CORP 8-K Report, Financial Results (Apr 29, 2026)
Allstate Corporation (ALL) has filed an 8-K report on April 29, 2026, to announce its first-quarter 2026 financial results. The report primarily furnishes a press release (Exhibit 99.1) and an investor supplement (Exhibit 99.2) detailing the company's performance during the quarter. While the 8-K itself does not contain the detailed financial data, these accompanying exhibits are the primary sources for investors seeking to understand Allstate's operational and financial condition for the period ending March 31, 2026. Investors should refer to Exhibits 99.1 and 99.2 for specific metrics such as revenue, net income, earnings per share, segment performance, and any forward-looking statements or guidance provided by management. This filing signifies the official release of the company's quarterly performance, providing timely information for investment decisions.
ALLSTATE CORP 8-K Report, Regulation FD Disclosure (Apr 16, 2026)
Allstate Corp. (ALL) has filed an 8-K report on April 16, 2026, primarily to disclose its March 2026 monthly update regarding estimated catastrophe losses and policies in force. This information, previously released on the company's investor relations website, is now formally attached as an exhibit to the filing. Investors should note that this filing is furnished under Regulation FD, meaning it's intended for broad public dissemination and is not considered a formal amendment to previous SEC filings. The key takeaway for investors is the availability of updated operational data related to catastrophe events and the company's policy count. While specific financial figures for catastrophe losses are not detailed within the 8-K text itself, the reference to the attached press release indicates that this information is accessible. Investors relying on this filing should review the referenced exhibit to understand the magnitude of estimated catastrophe losses for March 2026 and any changes in the company's policies in force, which are critical metrics for assessing Allstate's ongoing underwriting performance and risk exposure.
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