Allstate key statistics and ratios
In fiscal 2025, Allstate had return on equity of 39.5%, a net margin of 15.2% and debt equal to 24.6% of equity. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.
Financial ratios
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net margin | 2.7% | 2.9% | 2.4% | 6.9% | 6.6% | 8.1% | 6.1% | 5.0% | 9.0% | 5.4% | 11.7% | 13.3% | 3.2% | −2.5% | −0.3% | 7.3% | 15.2% | 18.9% |
| Free-cash-flow margin | 12.8% | 11.2% | 5.2% | 8.3% | 11.7% | 8.4% | 9.3% | 9.8% | 10.2% | 12.3% | 11.3% | 12.4% | 9.4% | 9.1% | 6.9% | 13.6% | 14.6% | 17.5% |
| Return on equity | 5.1% | 5.1% | 4.2% | 11.9% | 10.8% | 13.0% | 10.3% | 9.2% | 16.5% | 9.8% | 20.5% | 19.8% | 5.9% | −6.1% | −1.1% | 23.8% | 39.5% | 41.3% |
| Return on assets | 0.6% | 0.7% | 0.6% | 1.8% | 1.8% | 2.5% | 2.0% | 1.8% | 3.2% | 1.9% | 4.2% | 4.5% | 1.4% | −1.3% | −0.2% | 4.3% | 8.9% | 10.9% |
| Asset turnover | 0.24 | 0.24 | 0.26 | 0.26 | 0.28 | 0.30 | 0.33 | 0.35 | 0.36 | 0.35 | 0.36 | 0.34 | 0.45 | 0.52 | 0.57 | 0.60 | 0.59 | 0.57 |
| Debt to equity | 35.4% | 31.1% | 32.3% | 29.4% | 28.9% | 23.3% | 25.8% | 31.1% | 28.4% | 30.5% | 25.7% | 26.1% | 32.0% | 45.7% | 45.0% | 38.0% | 24.6% | 22.2% |
| Effective tax rate | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 20.2% | 22.0% | — |
| Capital spending as % of revenue | 0.6% | 0.5% | 0.8% | 0.9% | 0.6% | 0.8% | 0.8% | 0.8% | 0.8% | 0.7% | 1.0% | 0.7% | 0.7% | 0.8% | 0.5% | 0.3% | 0.3% | 0.3% |
| Free cash flow ÷ net income | 481.5% | 387.2% | 213.9% | 120.1% | 177.0% | 103.4% | 152.6% | 196.1% | 113.0% | 226.8% | 96.9% | 93.0% | 295.6% | — | — | 186.9% | 96.1% | 92.3% |
| Dividends ÷ net income | 63.5% | 47.2% | 55.3% | 23.2% | 15.4% | 16.7% | 22.2% | 25.9% | 14.8% | 28.4% | 13.5% | 12.0% | 54.8% | — | — | 20.6% | 10.1% | 8.0% |
| Dividends and buybacks ÷ free cash flow | 13.3% | 16.5% | 82.5% | 52.3% | 54.2% | 94.2% | 99.3% | 49.5% | 50.3% | 59.6% | 50.9% | 46.4% | 83.9% | 73.3% | 31.8% | 11.1% | 23.0% | 28.8% |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Net margin | 7.2% | 11.5% | 3.6% | 12.7% | 21.7% | 21.9% | 14.5% | 17.6% |
| Free-cash-flow margin | 18.9% | 10.0% | 11.4% | 11.3% | 18.8% | 16.7% | 20.8% | 13.9% |
| Debt to equity | 38.7% | 37.7% | 36.7% | 33.7% | 29.4% | 24.5% | 23.7% | 22.2% |
Moat
Moderate moat
How hard Allstate's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
- Returns on capital 20 / 20
Net income has been a median 2.9% of total assets over 10 years.
- Durability 1 / 20
Net margin has been a median 7.7%; its worst year was -4.8%.
- Discipline 15 / 20
The diluted share count fell 14.5% over five years.
AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (60 before it).
Compare with peers
- Chubb Limited statistics
- Progressive Corporation statistics
- The Travelers Companies statistics
- The Hartford statistics
- Arch Capital Group statistics
Head to head: ALL vs CBALL vs PGRALL vs TRV
More: Property & Casualty Insurance stocks compared, Financials sector, rankings of US companies