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Major US personal-lines insurer (auto, home) known for its agent-based distribution model, alongside a growing direct channel.
Major US personal-lines insurer (auto, home) known for its agent-based distribution model, alongside a growing direct channel.
Collects premiums on auto and home policies and invests the money until claims are paid. Most customers come through exclusive Allstate agents, with a growing online channel and independent agents added by the 2021 purchase of National General. That year it also sold its life and annuity businesses to focus on property-casualty.
Moat: narrow (brand, distribution, scale). Long-standing agent-network distribution and brand recognition, though direct-to-consumer rivals compete aggressively on price.
Headquarters: Northbrook, Illinois, USA · Founded: 1931 · Employees: 53,300
Size Allstate (ALL) is a United States Financials company (Multi-Line Insurance) with a market value of $64.4B, the 204th largest of 3,117 United States companies the cockpit tracks. Shares closed at $254.81 on 6 Nov 2026.
Performance Over six months the shares gained 19.5%, against +13.8% for the median peer and -1.1% for the United States market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue grew 5.9% over the last twelve months (peer median +11.1%); the operating margin is 23.8% (peer median 17.3%).
Valuation It trades at 2.04× book value against a peer median of 1.86× (11th cheapest of 21).
Price implies The share price implies a return on equity of about 9.9%; Allstate delivers 46.1%, so the price asks less than the business earns today.
Credit Allstate has 14 bonds outstanding ($6.98B), rated BBB+ by the agencies and trading like A- at a weighted spread of 80 bp.
Short interest Short interest is 2.4% of the free float (15 Oct 2026).
Next results Next results expected around 3 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $70.1B | $67.7B | $64.1B | $57.1B | $51.4B |
| Revenue growth | — | +6% | +12% | +11% | — |
| Net income | $13.3B | $10.3B | $4.67B | -$188M | -$1.29B |
| Free cash flow | $12.2B | $9.88B | $8.72B | $3.96B | $4.70B |
| Capital expenditure | $220M | $228M | $210M | $267M | $420M |
| Total debt | $7.49B | $7.67B | $8.32B | $8.21B | $8.31B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Allstate ALL | $64.4B | +20% | +6% | 46% | 2.04× | 9.9% |
| Progressive PGR | $132B | +17% | +8% | 33% | 3.82× | 15.8% |
| Travelers Companies (The) TRV | $81.0B | +33% | +1% | 28% | 2.79× | 13.9% |
| Chubb CB | $139B | +15% | +6% | 15% | 1.91× | 9.4% |
| Mercury General MCY | $4.58B | -17% | +5% | 26% | 1.63× | 13.7% |
| Kemper KMPR | $1.97B | +10% | -4% | -19% | 0.90× | 9.4% |
| Root ROOT | $672M | -23% | +15% | 15% | 2.05× | 37.6% |
| Lemonade LMND | $3.06B | -28% | +77% | -27% | 6.12× | 75.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ALL | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +10.5% | +3.2% | 3rd highest of 21 |
| 6-month return | +19.5% | +13.8% | 5th highest of 21 |
| Return on equity | 46.1% | 16.8% | highest of 21 |
| Price / book | 2.04× | 1.86× | 11th cheapest of 21 |
| Trailing P/E | 5.1× | 12.2× | 3rd cheapest of 21 |
| ROE the price implies | 9.9% | 11.3% | 9th least demanding of 21 |
| ROE delivered | 46.1% | 16.8% | highest of 21 |
| Bond spread | 80 bp | 79 bp | 5th widest of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Allstate ALL | United States | $64.4B | +20% | +6% | 46% | 2.04× | 9.9% | 46.1% |
| Fubon Financial Hldg 2881.TW | Taiwan | $62.7B | +66% | +12% | 16% | 1.66× | 7.4% | 16.0% |
| MetLife MET | United States | $62.4B | +27% | +9% | 13% | 2.28× | 16.2% | 13.2% |
| Aflac AFL | United States | $62.2B | +10% | +14% | 17% | 2.06× | 12.5% | 16.9% |
| Great-West Lifeco GWO.TO | Canada | $57.4B | +18% | +4% | 16% | 3.02× | 15.7% | 16.0% |
| Swiss Re SREN.SW | Switzerland | $50.6B | +27% | -12% | 20% | 2.27× | 6.1% | 20.4% |
| People's Insurance Co. (Group) of China 1339.HK | Hong Kong | $46.1B | -2% | +11% | 18% | 0.60× | 5.6% | 18.1% |
| Ms&ad Ins Gp Hldgs 8725.T | Japan | $44.4B | +22% | +21% | 17% | 1.07× | 6.9% | 16.6% |
| China Pacific Insurance (Group) 601601.SS | China | $42.6B | -14% | +4% | 14% | 0.93× | 8.2% | 14.4% |
| Power Corporation of Canada POW.TO | Canada | $40.7B | +16% | +10% | 11% | 2.42× | 15.9% | 11.0% |
| American International AIG | United States | $40.7B | +2% | +1% | 8% | 1.04× | 7.5% | 8.2% |
| Axa CS.PA | France | $103B | +13% | +11% | 19% | 2.24× | 17.8% | 19.0% |
| Sun Life Financial SLF.TO | Canada | $40.1B | +7% | -1% | 13% | 2.38× | 13.7% | 13.5% |
| AIA 1299.HK | Hong Kong | $104B | -10% | +13% | 20% | 2.53× | 18.4% | 19.6% |
| Sompo 8630.T | Japan | $39.6B | +17% | +41% | 15% | 1.14× | 6.2% | 14.6% |
| Arch Capital ACGL | United States | $36.6B | +14% | -5% | 19% | 1.58× | 8.3% | 18.7% |
| Zurich Insurance ZURN.SW | Switzerland | $114B | +16% | +19% | 26% | 3.67× | 11.2% | 25.5% |
| Prudential plc Sponsored ADR PUK | United States | $31.7B | -21% | +39% | 19% | 1.56× | 11.4% | 19.2% |
| Progressive PGR | United States | $132B | +17% | +8% | 33% | 3.82× | 15.8% | 33.2% |
| China Life 2628.HK | Hong Kong | $134B | -17% | +38% | 41% | 0.93× | 10.0% | 41.3% |
| China Life Insurance 601628.SS | China | $135B | -3% | +16% | 12% | 1.54× | 13.1% | 11.9% |
Allstate has 14 bonds outstanding with $6.98B face value. The agencies rate it BBB+; its bonds trade like A-. Weighted yield 5.67%, a spread of 80 bp over government bonds.