ALLSTATE CORP (ALL) financial statements: income statement, balance sheet and cash flow

ALLSTATE CORP's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), ALLSTATE CORP reported revenue of $67.7B (+5.6% year on year) and net income of $10.3B (+120.3% year on year).

Income statement

ALLSTATE CORP income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Insurance premiums and contract charges	$61.4B	$58.3B	$52.5B	$47.7B
Other revenue	$3.0B	$2.9B	$2.4B	$2.3B
Net investment income	$3.4B	$3.1B	$2.5B	$2.4B
Net gains (losses) on investments and derivatives	($168.0M)	($225.0M)	($300.0M)	($1.1B)
Total revenues	$67.7B	$64.1B	$57.1B	$51.4B
Property and casualty insurance claims and claims expense	$37.5B	$39.7B	$41.1B	—
Accident, health and other policy benefits	$656.0M	$1.2B	$1.1B	$1.1B
Amortization of deferred policy acquisition costs	$8.4B	$8.0B	$7.3B	$6.6B
Operating costs and expenses	$9.0B	$8.6B	$7.1B	$7.4B
Pension and other postretirement remeasurement (gains) losses	($35.0M)	($37.0M)	$9.0M	$116.0M
Restructuring and related charges	$61.0M	$61.0M	$169.0M	$51.0M
Amortization of purchased intangibles	$231.0M	$280.0M	$329.0M	$353.0M
Interest expense	$399.0M	$400.0M	$379.0M	$335.0M
Total costs and expenses	$56.1B	$58.3B	$57.4B	$53.3B
Gain on disposition of operations	$1.6B	—	—	—
Income (loss) from operations before income taxes	$13.2B	—	—	—
Income tax expense (benefit)	$2.9B	$1.2B	($135.0M)	($494.0M)
Net income (loss)	$10.3B	$4.6B	($213.0M)	($1.4B)
Less: Net loss attributable to noncontrolling interest	($16.0M)	($68.0M)	($25.0M)	($53.0M)
Net income (loss) attributable to Allstate	$10.3B	$4.7B	($188.0M)	($1.3B)
Less: Preferred stock dividends	$117.0M	$117.0M	$128.0M	$105.0M
Net income (loss) applicable to common shareholders, basic	$10.2B	$4.5B	($316.0M)	($1.4B)
Net income (loss) applicable to common shareholders, diluted	$10.2B	$4.5B	($316.0M)	($1.4B)
Net income (loss) applicable to common shareholders per common share - Basic (in dollars per share)	$38.56	$17.22	-$1.20	-$5.22
Weighted average common shares - Basic (in shares)	263.6M	264.3M	262.5M	271.2M
Net income (loss) applicable to common shareholders per common share - Diluted (in dollars per share)	$38.06	$16.99	-$1.20	-$5.22
Weighted average common shares - Diluted (in shares)	267.1M	267.8M	262.5M	271.2M

ALLSTATE CORP income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Insurance premiums and contract charges	$15.8B	$15.7B	$15.4B	$15.3B
Other revenue	$728.0M	$719.0M	$691.0M	$747.0M
Net investment income	$1.0B	$938.0M	$949.0M	$754.0M
Net gains (losses) on investments and derivatives	$1.1B	($405.0M)	$252.0M	($144.0M)
Total revenues	$18.6B	$16.9B	$17.3B	$16.6B
Property and casualty insurance claims and claims expense	$9.9B	$9.2B	$8.7B	$10.2B
Accident, health and other policy benefits	$72.0M	$76.0M	$67.0M	$188.0M
Amortization of deferred policy acquisition costs	$2.2B	$2.2B	$2.1B	$2.1B
Operating costs and expenses	$2.3B	$2.2B	$2.3B	$2.1B
Pension and other postretirement remeasurement (gains) losses	($146.0M)	$19.0M	($108.0M)	$0
Restructuring and related charges	$7.0M	$5.0M	$17.0M	$15.0M
Amortization of purchased intangibles	$46.0M	$47.0M	$59.0M	$57.0M
Interest expense	$96.0M	$98.0M	$101.0M	$100.0M
Total costs and expenses	$14.5B	$13.8B	$13.2B	$14.8B
Gain on disposition of operations	$0	—	$720.0M	$890.0M
Income from operations before income tax expense	$4.1B	$3.1B	$4.8B	$2.7B
Income tax expense	$871.0M	$650.0M	$1.1B	$604.0M
Net income	$3.3B	$2.5B	$3.7B	$2.1B
Less: Net income (loss) attributable to noncontrolling interest	$0	$1.0M	($2.0M)	($10.0M)
Net income attributable to Allstate	$3.3B	$2.5B	$3.7B	$2.1B
Less: Preferred stock dividends	$30.0M	$29.0M	$29.0M	$30.0M
Net income applicable to common shareholders, basic	$3.2B	$2.4B	$3.7B	$2.1B
Net income applicable to common shareholders, diluted	$3.2B	$2.4B	$3.7B	$2.1B
Net income applicable to common shareholders per common share - Basic (in dollars per share)	$12.66	$9.36	$14.13	$7.86
Weighted average common shares - Basic (in shares)	256.0M	259.4M	263.1M	264.6M
Net income applicable to common shareholders per common share - Diluted (in dollars per share)	$12.51	$9.25	$13.95	$7.76
Weighted average common shares - Diluted (in shares)	259.1M	262.6M	266.4M	267.9M

Balance sheet

ALLSTATE CORP balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Fixed income securities, at fair value (amortized cost, net $58,730 and $53,616)	$59.1B	$52.7B	$48.9B	$42.5B
Equity securities, at fair value (cost $8,026 and $4,329)	$8.4B	$4.5B	$2.4B	$4.6B
Mortgage loans, net	$879.0M	$784.0M	$822.0M	$762.0M
Limited partnership interests	$8.8B	$9.3B	$8.4B	$8.1B
Short-term, at fair value (amortized cost $4,888 and $4,539)	$4.9B	$4.5B	$5.1B	$4.2B
Other investments, net	$1.1B	$824.0M	$1.1B	$1.7B
Total investments	$83.2B	$72.6B	$66.7B	$61.8B
Cash	$678.0M	$704.0M	$722.0M	$736.0M
Premium installment receivables, net	$11.5B	$10.6B	$10.0B	$9.2B
Deferred policy acquisition costs	$6.2B	$5.8B	$5.9B	$5.4B
Reinsurance and indemnification recoverables, net	$8.5B	$8.9B	$8.8B	$9.6B
Accrued investment income	$708.0M	$615.0M	$539.0M	$423.0M
Deferred income taxes	$0	$231.0M	$219.0M	$386.0M
Property and equipment, net	$627.0M	$669.0M	$859.0M	$987.0M
Goodwill	$3.1B	$3.2B	$3.5B	$3.5B
Other assets, net	$5.3B	$5.1B	$6.1B	$5.9B
Assets held for sale	$0	$3.1B	—	—
Total assets	$119.8B	$111.6B	$103.4B	$98.0B
Reserve for property and casualty insurance claims and claims expense	$41.1B	$41.9B	$39.9B	$37.5B
Unearned premiums	$29.1B	$26.9B	$24.7B	$22.3B
Claim payments outstanding	$1.4B	$1.6B	$1.4B	$1.3B
Deferred income taxes	$227.0M	—	—	$0
Other liabilities and accrued expenses	$9.9B	$9.4B	$9.6B	$9.4B
Debt	$7.5B	$8.1B	$7.9B	$8.0B
Liabilities held for sale	$0	$2.1B	—	—
Total liabilities	$89.2B	$90.3B	$85.7B	$80.6B
Preferred stock and additional capital paid-in, $1 par value, 25 million shares authorized, 82.0 thousand shares issued and outstanding, $2,050 aggregate liquidation preference	2.0B	2.0B	2.0B	2.0B
Common stock, $.01 par value, 2.0 billion shares authorized and 900 million issued, 260 million and 265 million shares outstanding	9.0M	9.0M	9.0M	9.0M
Additional capital paid-in	$4.2B	$4.0B	$3.9B	$3.8B
Retained income	$62.4B	$53.3B	$49.7B	$51.0B
Treasury stock, at cost (640 million and 635 million shares)	-38.2B	-37.0B	-37.1B	-36.9B
Unrealized net capital gains and losses	$297.0M	($771.0M)	($604.0M)	($2.3B)
Unrealized foreign currency translation adjustments	($55.0M)	($145.0M)	($98.0M)	($165.0M)
Unamortized pension and other postretirement prior service credit	$11.0M	$11.0M	$13.0M	$29.0M
Discount rate for reserve for future policy benefits	$2.0M	$16.0M	($11.0M)	—
Total accumulated other comprehensive income (loss)	$255.0M	($889.0M)	($700.0M)	($2.4B)
Total Allstate shareholders’ equity	$30.6B	$21.4B	$17.8B	$17.5B
Noncontrolling interest	($21.0M)	($75.0M)	($140.0M)	($125.0M)
Total equity	$30.6B	$21.4B	$17.6B	$17.4B
Total liabilities and equity	$119.8B	$111.6B	$103.4B	$98.0B

ALLSTATE CORP balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Fixed income securities, at fair value (amortized cost, net $60,902 and $58,730)	$60.8B	$59.1B	$57.2B	$54.4B
Equity securities, at fair value (cost $10,071 and $8,026)	$11.2B	$10.4B	$5.3B	$2.4B
Mortgage loans, net	$842.0M	$868.0M	$831.0M	$807.0M
Limited partnership interests	$9.0B	$8.9B	$9.2B	$9.2B
Short-term, at fair value (amortized cost $4,874 and $4,888)	$4.9B	$4.7B	$8.7B	$9.6B
Other investments, net	$1.2B	$1.1B	$1.0B	$964.0M
Total investments	$87.8B	$85.2B	$82.3B	$77.4B
Cash	$840.0M	$697.0M	$931.0M	$995.0M
Premium installment receivables, net	$11.9B	$11.6B	$11.7B	$11.3B
Deferred policy acquisition costs	$6.1B	$6.1B	$6.1B	$5.9B
Reinsurance and indemnification recoverables, net	$7.9B	$8.4B	$9.5B	$9.6B
Accrued investment income	$730.0M	$656.0M	$617.0M	$628.0M
Property and equipment, net	$591.0M	$606.0M	$601.0M	$619.0M
Goodwill	$3.1B	$3.1B	$3.1B	$3.1B
Other assets, net	$5.8B	$7.6B	$5.4B	$5.4B
Total assets	$124.8B	$124.0B	$120.4B	$115.9B
Reserve for property and casualty insurance claims and claims expense	$41.0B	$41.3B	$43.1B	$44.1B
Unearned premiums	$29.4B	$28.9B	$29.2B	$28.0B
Claim payments outstanding	$1.6B	$1.5B	$1.6B	$1.7B
Deferred income taxes	$172.0M	$12.0M	$0	$117.0M
Other liabilities and accrued expenses	$11.5B	$13.2B	$10.7B	$9.7B
Debt	$7.5B	$7.5B	$8.1B	$8.1B
Total liabilities	$91.1B	$92.4B	$92.9B	$91.9B
Preferred stock and additional capital paid-in, $1 par value, 25 million shares authorized, 82.0 thousand shares issued and outstanding, $2,050 aggregate liquidation preference	2.0B	2.0B	2.0B	2.0B
Common stock, $.01 par value, 2.0 billion shares authorized and 900 million issued, 254 million and 260 million shares outstanding	9.0M	9.0M	9.0M	9.0M
Additional capital paid-in	$4.2B	$4.2B	$4.1B	$4.1B
Retained income	$67.5B	$64.5B	$58.9B	$55.4B
Treasury stock, at cost (646 million and 640 million shares)	-39.8B	-38.8B	-37.8B	-37.4B
Unrealized net capital gains and losses	($79.0M)	($221.0M)	$351.0M	$36.0M
Unrealized foreign currency translation adjustments	($126.0M)	($83.0M)	($66.0M)	($106.0M)
Unamortized pension and other postretirement prior service credit	$10.0M	$10.0M	$10.0M	$11.0M
Discount rate for reserve for future policy benefits	$2.0M	$2.0M	$3.0M	$2.0M
Total accumulated other comprehensive (loss) income	($193.0M)	($292.0M)	$298.0M	($57.0M)
Total Allstate shareholders’ equity	$33.7B	$31.6B	$27.5B	$24.0B
Noncontrolling interest	($20.0M)	($20.0M)	($16.0M)	($14.0M)
Total equity	$33.7B	$31.6B	$27.5B	$24.0B
Total liabilities and equity	$124.8B	$124.0B	$120.4B	$115.9B

Cash flow statement

ALLSTATE CORP cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income (loss)	$10.3B	$4.6B	($213.0M)	($1.4B)
Depreciation, amortization and other non-cash items	$482.0M	$555.0M	$704.0M	$847.0M
Net (gains) losses on investments and derivatives	$168.0M	$225.0M	$300.0M	$1.1B
Pension and other postretirement remeasurement (gains) losses	($35.0M)	($37.0M)	$9.0M	$116.0M
Gain on disposition of operations	($1.6B)	—	—	—
Claims and claims expense and other insurance reserves	($943.0M)	$2.2B	$2.2B	$4.5B
Unearned premiums	$2.1B	$2.3B	$2.4B	$2.5B
Deferred policy acquisition costs	($365.0M)	($347.0M)	($489.0M)	($702.0M)
Premium installment receivables, net	($831.0M)	($705.0M)	($861.0M)	($1.0B)
Reinsurance and indemnification recoverables, net	$630.0M	($226.0M)	$807.0M	$408.0M
Income taxes	$583.0M	$753.0M	($229.0M)	($721.0M)
Other operating assets and liabilities	($362.0M)	($351.0M)	($387.0M)	($541.0M)
Net cash provided by operating activities	$10.1B	$8.9B	$4.2B	$5.1B
Fixed income securities	$72.9B	$38.8B	$23.0B	$31.5B
Equity securities	$6.7B	$3.2B	$5.4B	$11.0B
Limited partnership interests	$1.4B	$633.0M	$710.0M	$970.0M
Other investments	$243.0M	$265.0M	$594.0M	$1.1B
Fixed income securities	$814.0M	$1.5B	$1.6B	$728.0M
Mortgage loans	$127.0M	$151.0M	$81.0M	$0
Other investments	$55.0M	$41.0M	$152.0M	$167.0M
Fixed income securities	($78.8B)	($46.6B)	($29.4B)	($36.9B)
Equity securities	($10.6B)	($5.0B)	($2.9B)	($9.3B)
Limited partnership interests	($1.3B)	($1.4B)	($890.0M)	($1.3B)
Mortgage loans	($242.0M)	($113.0M)	($145.0M)	$163.0M
Other investments	($609.0M)	($172.0M)	($292.0M)	($295.0M)
Change in short-term and other investments, net	($791.0M)	$724.0M	($617.0M)	$792.0M
Purchases of property and equipment, net	($228.0M)	($210.0M)	($267.0M)	($420.0M)
Proceeds from sale of property and equipment	$0	$18.0M	$27.0M	$209.0M
Acquisition of operations, net of cash acquired	$0	($13.0M)	$0	$0
Proceeds from disposition of operations, net of cash transferred	$3.0B	—	$0	$0
Net cash used in investing activities	($7.3B)	($8.3B)	($3.0B)	($1.7B)
Proceeds from issuance of debt	$0	$495.0M	$743.0M	$0
Redemption and repayment of debt	($600.0M)	($350.0M)	($750.0M)	$0
Proceeds from issuance of preferred stock	$0	$0	$587.0M	—
Redemption of preferred stock	$0	$0	($575.0M)	$0
Contractholder fund deposits	$30.0M	$129.0M	$130.0M	$133.0M
Contractholder fund withdrawals	($15.0M)	($37.0M)	($35.0M)	($49.0M)
Dividends paid on common stock	($1.0B)	($962.0M)	($925.0M)	($926.0M)
Dividends paid on preferred stock	($117.0M)	($117.0M)	($107.0M)	($105.0M)
Treasury stock purchases	($1.2B)	($2.0M)	($335.0M)	($2.5B)
Shares reissued under equity incentive plans, net	48.0M	163.0M	73.0M	82.0M
Other	$42.0M	($16.0M)	($49.0M)	($35.0M)
Net cash used in financing activities	($2.9B)	($697.0M)	($1.2B)	($3.4B)
Net decrease in cash	($26.0M)	($18.0M)	($14.0M)	($27.0M)
Cash at beginning of period	$704.0M	$722.0M	$736.0M	$763.0M

ALLSTATE CORP cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income	$5.7B	$2.5B	$6.4B	$2.7B
Depreciation, amortization and other non-cash items	$187.0M	$101.0M	$374.0M	$259.0M
Net (gains) losses on investments and derivatives	($650.0M)	$405.0M	$241.0M	$493.0M
Pension and other postretirement remeasurement (gains) losses	($127.0M)	$19.0M	($30.0M)	$78.0M
Gain on disposition of operations	$0	—	($1.6B)	($890.0M)
Claims and claims expense and other insurance reserves	($22.0M)	$281.0M	$1.1B	$2.1B
Unearned premiums	$350.0M	($194.0M)	$2.2B	$1.0B
Deferred policy acquisition costs	$12.0M	$84.0M	($297.0M)	($132.0M)
Premium installment receivables, net	($417.0M)	($190.0M)	($1.1B)	($625.0M)
Reinsurance and indemnification recoverables, net	$619.0M	$78.0M	($394.0M)	($708.0M)
Income taxes	$355.0M	$579.0M	$286.0M	($437.0M)
Other operating assets and liabilities	$160.0M	($59.0M)	($116.0M)	($75.0M)
Net cash provided by operating activities	$6.2B	$3.6B	$7.1B	$3.8B
Fixed income securities	$41.6B	$21.7B	$57.5B	$32.4B
Equity securities	$9.4B	$4.1B	$5.6B	$4.6B
Limited partnership interests	$702.0M	$346.0M	$941.0M	$607.0M
Other investments	$75.0M	$2.0M	$2.0M	$1.0M
Fixed income securities	$436.0M	$246.0M	$489.0M	$355.0M
Mortgage loans	$82.0M	$21.0M	$64.0M	$53.0M
Other investments	$46.0M	$23.0M	$32.0M	$15.0M
Fixed income securities	($43.0B)	($22.0B)	($60.5B)	($33.2B)
Equity securities	($11.6B)	($6.4B)	($6.4B)	($2.7B)
Limited partnership interests	($743.0M)	($386.0M)	($961.0M)	($690.0M)
Mortgage loans	($47.0M)	($11.0M)	($117.0M)	($75.0M)
Other investments	($152.0M)	($72.0M)	($253.0M)	($180.0M)
Change in short-term and other investments, net	($420.0M)	($143.0M)	($4.6B)	($5.6B)
Purchases of property and equipment, net	($83.0M)	($40.0M)	($139.0M)	($91.0M)
Proceeds from disposition of operations, net of cash transferred	$0	—	$3.0B	$1.9B
Net cash used in investing activities	($3.8B)	($2.6B)	($5.3B)	($2.5B)
Contractholder fund deposits	$0	$0	$30.0M	$30.0M
Contractholder fund withdrawals	$0	$0	($15.0M)	($15.0M)
Dividends paid on common stock	($541.0M)	($261.0M)	($773.0M)	($509.0M)
Dividends paid on preferred stock	($59.0M)	($29.0M)	($88.0M)	($59.0M)
Treasury stock purchases	($1.7B)	($614.0M)	($799.0M)	($439.0M)
Shares reissued under equity incentive plans, net	41.0M	-8.0M	38.0M	26.0M
Other	($22.0M)	($4.0M)	$19.0M	$12.0M
Net cash used in financing activities	($2.2B)	($916.0M)	($1.6B)	($954.0M)
Net increase in cash	$162.0M	$19.0M	$227.0M	$382.0M
Cash at beginning of period	$678.0M	$678.0M	$704.0M	$704.0M
Less: Cash classified as assets held for sale at end of period	$0	$0	$0	$91.0M
Cash at end of period	$840.0M	$697.0M	$931.0M	$995.0M

ALLSTATE CORP score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.