The Allstate Corporation Earnings Recaps
Q1 2026
May 1, 2026
Allstate shares closed up 2.0% after its Q1 print, as results were generally constructive with revenue, investment income, and core profitability showing improvement. No major surprises emerged from the release or management commentary, and margins tracked in line with stated targets.
Key takeaways
- Total revenue grew 3% year-over-year to $16.9 billion, with investment income up nearly 10% to $938 million.
- Property-liability combined ratio was 82%, with underlying combined at 80.3%, a 2.8 point improvement from last year.
- Net income reached $2.4 billion, while adjusted net income was $2.8 billion ($10.65 per diluted share).
- Policies in force increased by 2.5% overall, including a 2.3% rise in property-liability.
- Rate changes in auto insurance were implemented across 39 states in the quarter, with a net neutral impact, and market share gains were highlighted in both auto and homeowners.
Q3 2025
Nov 6, 2025
Allstate posted robust financial results for Q3 2025, with net income reaching $3.7 billion, driven by strong Property-Liability performance and favorable investment outcomes.
Key takeaways
- Revenues increased to $17.3 billion, reflecting a 5.8% year-over-year growth.
- Adjusted net income of $3 billion translates to $11.17 per diluted share, supported by reduced costs and improved operational efficiencies.
- Policies in force grew to 209.5 million, a 3.8% increase from the previous year, demonstrating effective market share expansion.
- Net investment income surged 21.2% to $949 million, bolstering overall financial health and enabling sustained capital generation.
- Commitment to innovation through AI initiatives aims to enhance customer service and operational efficiencies.