Summary
The Allstate Corporation's 2025 Form 10-K filing details a robust financial performance, driven by significant growth in its Allstate Protection segment, which accounts for the majority of the company's premiums. The company reported a substantial increase in net income applicable to common shareholders, reaching $10.17 billion in 2025, a marked improvement from $4.55 billion in 2024. This growth was fueled by higher underwriting income, gains from the disposition of the employer voluntary benefits and group health businesses, and an increase in net investment income. Allstate Protection, its largest segment, saw a notable rise in premiums written for both auto and homeowners insurance. The company's strategy of 'Transformative Growth,' focusing on improving customer value, expanding access, and leveraging technology, appears to be yielding positive results, as evidenced by increased policies in force and premium rate adjustments. The Protection Services segment also demonstrated steady performance, contributing to overall revenue growth. The company's financial position strengthened, with total investments growing to $83.24 billion and shareholders' equity increasing to $30.61 billion. Allstate also actively engaged in capital return to shareholders through common share repurchases and dividends, signaling confidence in its ongoing operational strength and future prospects. Despite a competitive market and potential risks related to catastrophes and regulatory changes, Allstate's diversified business model and strategic initiatives position it for continued resilience and growth.
Financial Highlights
41 data points| Revenue | $67.69B |
| Net Income | $10.16B |
| EPS (Basic) | $38.56 |
| EPS (Diluted) | $38.06 |
| Shares Outstanding (Basic) | 263.60M |
| Shares Outstanding (Diluted) | 267.10M |
Key Highlights
- 1Consolidated net income applicable to common shareholders significantly increased to $10.17 billion in 2025 from $4.55 billion in 2024.
- 2Total revenue rose by 5.6% to $67.69 billion in 2025, driven by higher auto and homeowners insurance policies in force and premium rate increases.
- 3Allstate Protection segment's underwriting income grew substantially to $8.69 billion in 2025 from $3.15 billion in 2024, largely due to increased premiums and prior-year reserve releases.
- 4The company completed the sale of its employer voluntary benefits and group health businesses, recording gains of $888 million and $715 million respectively (pre-tax).
- 5Total investments increased to $83.24 billion as of December 31, 2025, from $72.61 billion as of December 31, 2024.
- 6Shareholders' equity grew to $30.61 billion as of December 31, 2025, reflecting strong net income and increased unrealized capital gains on investments.
- 7The company repurchased 6 million common shares for $1.24 billion in 2025 and announced a new $4.00 billion share repurchase program.