Allstate Corp. (ALL) stock — is it a good business?

Allstate Corp. (ALL) stock — is it a good business? — InspectStocks

Just reported

Q3 2026 results

From Allstate's results release of November 4, 2026; its quarterly report has since been filed.

Revenue
Actual
$17.35B
+0.5% y/y
-6.7% q/q
Guided
—
No guide given
EPS, GAAP
Actual
$8.03
-42% y/y
-36% q/q
Guided
—
No guide given

Set against the company's own guidance and the same quarter a year earlier, not analysts' estimates, which we do not hold. Adjusted figures are the company's own non-GAAP measures, as stated in the release.

The full earnings report →

How it makes money

Property and casualty insurance, mainly auto and homeowners93%
Protection services6%

Shares of revenue are estimates for FY2025, not figures from a filing.

Competes with

State Farm
PGRProgressive
C
Size
$136.4B
Margin
12.7%
BRK.BGEICO
TRVTravelers
A
Size
$82.6B
Margin
17.0%

What it sells6

Auto insurance
Insurance that helps cover costs from car accidents and other covered vehicle losses.
Homeowners and other property insurance
Coverage for homes and other property, including renters, condominium, landlord, boat and umbrella policies.
Consumer product protection plans
Plans covering certain failures or damage to phones, electronics, appliances and furniture, often sold through retailers or mobile operators.

Show 3 more

Vehicle protection plans
Products sold through auto dealers that can cover repair costs, tire and wheel damage, or a gap between a vehicle’s value and the amount owed.
Roadside assistance
Help such as towing, jump-starts, lockout service and tire changes.
Identity protection
Services to help customers detect identity problems and recover from identity theft or related events.

Who buys it6

Drivers and vehicle owners who buy auto insurance through Allstate agents, independent agents, call centers or online.
Homeowners, renters and other property owners who buy insurance through agents or direct channels.
Retailers and mobile operators that sell protection plans to customers with phones, electronics, appliances and furniture.

Show 3 more

Auto dealerships and vehicle buyers who purchase vehicle protection and insurance products.
Consumers and employers that buy identity protection, restoration and digital safety services.
Insurance companies, retailers, mapping and traffic businesses, public agencies and mobile app providers that use Arity mobility information services.

What it stands on, and what could break it

What the business leans on

1Insurance results depend on the cost and frequency of claims, including claims from severe weather and catastrophes.
2The ability to adjust insurance prices and coverage depends on state insurance rules, rate reviews and approvals.
3Allstate relies on reinsurance to share some catastrophe losses and on reinsurers to pay amounts owed under those contracts.
4The holding company relies in part on dividends from insurance subsidiaries, whose ability to distribute money is restricted by insurance laws.

What could go wrong

1Severe weather and catastrophes, including hurricanes, wildfires, hail and freezes, can produce large property and auto claims that are difficult to estimate and may exceed reinsurance coverage.
2Repair, medical and legal costs, or changes in claims and litigation, can push property and casualty claim costs above the reserves set aside to pay them.
3State rules can restrict rates, policy terms and underwriting, delaying or limiting Allstate’s ability to respond to rising costs or changes in the insurance market.

Full financial statements →

About Allstate Corp.

Allstate mainly insures drivers and homeowners, selling through its agents, independent insurance agents, call centers and websites. It also sells protection plans for consumer products, vehicle repair and other dealer-bought protections, roadside assistance, and identity protection. Its Arity business sells driving and mobility information services to businesses and public agencies. Allstate invests money collected from insurance premiums and other sources in an investment portfolio.

Head office: Northbrook, Illinois, United States
Founded: 1992
Employees: Approximately 53,000 full-time; 300 part-time (December 31, 2025, high)
Listed on: NYSE
Financial year ends: December 31

Built from Allstate Corp.’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.

Just reported

Q3 2026 results

From Allstate's results release of November 4, 2026; its quarterly report has since been filed.

Revenue
Actual
$17.35B
+0.5% y/y
-6.7% q/q
Guided
—
No guide given
EPS, GAAP
Actual
$8.03
-42% y/y
-36% q/q
Guided
—
No guide given

The full earnings report →

Keep exploring

The themes Allstate is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.

The theme it is part of

Highest-graded in Insurance Property and Casualty

Graded A or B and worth $2B or more: A first, then the largest.

All 44 graded companies in its industry

Grade rose recently in Financials

Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.

All grade rises

How it makes money

Property and casualty insurance, mainly auto and homeowners93%
Protection services6%

Shares of revenue are estimates for FY2025, not figures from a filing.

Competes with

State Farm
PGRProgressive
C
Size
$136.4B
Margin
12.7%
BRK.BGEICO
TRVTravelers
A
Size
$82.6B
Margin
17.0%

What it sells6

Auto insurance
Insurance that helps cover costs from car accidents and other covered vehicle losses.
Homeowners and other property insurance
Coverage for homes and other property, including renters, condominium, landlord, boat and umbrella policies.
Consumer product protection plans
Plans covering certain failures or damage to phones, electronics, appliances and furniture, often sold through retailers or mobile operators.

Show 3 more

Vehicle protection plans
Products sold through auto dealers that can cover repair costs, tire and wheel damage, or a gap between a vehicle’s value and the amount owed.
Roadside assistance
Help such as towing, jump-starts, lockout service and tire changes.
Identity protection
Services to help customers detect identity problems and recover from identity theft or related events.

Who buys it6

Drivers and vehicle owners who buy auto insurance through Allstate agents, independent agents, call centers or online.
Homeowners, renters and other property owners who buy insurance through agents or direct channels.
Retailers and mobile operators that sell protection plans to customers with phones, electronics, appliances and furniture.

Show 3 more

Auto dealerships and vehicle buyers who purchase vehicle protection and insurance products.
Consumers and employers that buy identity protection, restoration and digital safety services.
Insurance companies, retailers, mapping and traffic businesses, public agencies and mobile app providers that use Arity mobility information services.