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
$67.69B
FY2025
NI
$10.16B
FY2025
EPS$ALL
$38.56
FY2025
OCF
$10.11B
FY2025
Year-over-year comparison from 10-K annual reports
Data from SEC Company Facts
All ALL Financial Metrics(46)
Income Statement
Balance Sheet
Cash Flow
Recent SEC Filings
ALLSTATE CORP 8-K Report, Regulation FD Disclosure (Aug 20, 2026)
Allstate Corp (ALL) filed an 8-K on August 20, 2026, primarily to disclose its July 2026 estimated catastrophe losses. This information, typically released monthly, provides investors with a snapshot of the company's exposure to and impact from severe weather events during the period. While the filing itself is brief, the attached press release (Exhibit 99) is crucial for understanding the financial implications of these losses, which can significantly affect underwriting profitability and overall earnings. Investors should pay close attention to the magnitude of these estimated losses and compare them to the company's historical trends and industry benchmarks to gauge the severity and Allstate's resilience.
ALLSTATE CORP 8-K Report, Financial Results (Aug 5, 2026)
The Allstate Corporation filed an 8-K on August 5, 2026, to report its financial results for the second quarter of 2026. This filing primarily furnishes the company's earnings press release and an investor supplement, which contain the detailed financial performance data. Investors should refer to these furnished documents (Exhibits 99.1 and 99.2) for specific insights into revenue, profitability, key performance indicators, and management's commentary on the quarter's results and outlook. While the 8-K itself does not contain the granular financial details, it serves as the official notification and access point to the comprehensive information released by Allstate. The furnished press release and investor supplement are expected to cover important aspects such as underwriting results, investment income, claims activity, and any strategic updates or challenges faced by the company during the second quarter of 2026. Investors are encouraged to review these exhibits thoroughly to understand the company's current financial health and future prospects.
ALLSTATE CORP 8-K Report, Regulation FD Disclosure (Jul 16, 2026)
Allstate Corp. (ALL) has filed an 8-K on July 16, 2026, primarily to disclose its estimated catastrophe losses for June 2026. This filing provides investors with timely, albeit preliminary, information regarding the company's exposure to weather-related events. Such disclosures are crucial for understanding potential impacts on Allstate's financial performance, particularly its underwriting results and profitability, as significant catastrophe events can lead to increased claims and reserve strengthening. The attached exhibit, a press release dated July 16, 2026, details these estimated losses. Investors should note that these figures are estimates and subject to revision as more information becomes available. The disclosure is made under Regulation FD, ensuring broad public access to material information. While this 8-K doesn't contain audited financial statements or significant corporate events, it serves as a vital communication channel for ongoing operational updates relevant to the insurance industry.
ALLSTATE CORP 8-K Report, Executive Changes (Jul 14, 2026)
The Allstate Corporation (ALL) has announced a significant leadership change with the appointment of Christian M. Lown as its new Executive Vice President and Chief Financial Officer, effective August 3, 2026. Mr. Lown brings a wealth of experience, having previously served as CFO for CoStar Group, Inc. and as Executive Vice President and CFO for the Federal Home Loan Mortgage Corporation (Freddie Mac). This appointment signals a strategic move to bolster financial leadership within Allstate. Investors should note the competitive compensation package offered to Mr. Lown, which includes a substantial base salary, significant cash and equity incentives, a sign-on bonus, and a large RSU grant. This investment in executive talent suggests a commitment to strong financial stewardship and potentially a focus on future growth and value creation for shareholders.
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.
View all 8-K filings →