Summary
Allstate Corporation (ALL) reported a strong third quarter and nine-month performance for 2025, significantly improving net income attributable to common shareholders to $3.72 billion and $6.36 billion, respectively, compared to the prior year. This growth was primarily driven by a substantial increase in underwriting income within the Allstate Protection segment, which benefited from lower catastrophe losses, higher premiums earned, and favorable prior-year reserve releases. The company also benefited from gains on the disposition of its employer voluntary benefits (EVB) and group health businesses. Total revenues saw a healthy increase, supported by a rise in auto and homeowners insurance policies in force and premium rate adjustments. Net investment income also showed robust growth, reflecting improved market-based and performance-based investment results. Financially, Allstate's investments grew to $82.33 billion, and shareholders' equity increased significantly to $27.51 billion, boosting book value per diluted common share by 36.4% year-over-year. The company's capital position remains strong, with a debt-to-capitalization ratio of 17.9% as of September 30, 2025, well within regulatory limits.
Financial Highlights
35 data points| Revenue | $17.25B |
| Net Income | $3.75B |
| EPS (Basic) | $14.13 |
| EPS (Diluted) | $13.95 |
| Shares Outstanding (Basic) | 263.10M |
| Shares Outstanding (Diluted) | 266.40M |
Key Highlights
- 1Net income applicable to common shareholders surged to $3.72 billion in Q3 2025 and $6.36 billion year-to-date, a substantial improvement from $1.16 billion and $2.65 billion in the same periods of 2024.
- 2Total revenues increased by 3.8% to $17.26 billion for Q3 2025 and by 5.8% to $50.34 billion year-to-date, driven by higher insurance premiums.
- 3Allstate Protection segment underwriting income significantly improved, reaching $3.04 billion in Q3 2025 from $555 million in Q3 2024, attributed to lower catastrophe losses and higher earned premiums.
- 4The company successfully completed the dispositions of its EVB and group health businesses, recognizing gains of $722 million (after-tax) and $888 million (after-tax), respectively.
- 5Investments grew to $82.33 billion as of September 30, 2025, up from $72.61 billion at the end of 2024, supporting the company's financial strength.
- 6Allstate shareholders' equity increased by approximately 28.2% to $27.51 billion as of September 30, 2025, compared to $21.44 billion at the end of 2024.
- 7Book value per diluted common share rose to $95.95 as of September 30, 2025, a 36.4% increase year-over-year.