The Allstate Corporation, along with its affiliated entities, provides a comprehensive suite of property, casualty, and other insurance offerings throughout the United ...
Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer
Est. EPS $6.54 · Revenue $15.84B · 14 analysts
$4.16 per share
Est. EPS $9.13 · Revenue $14.86B · 13 analysts
Est. EPS $35.33 · Revenue $60.96B · 13 analysts
$4.16 per share
EPS $7.76 · Revenue $16.55B
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $66.5B | +4.6% | +9.8% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $10.3B | +120.3% | +33.2% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +33.2% | +45.6% | -23.3% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +19.8% | +118.2% | +20.5% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +15.5% | +110.6% | +21.3% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $9.9B | +13.3% | -26.4% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +14.9% | +8.3% | -33.0% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 24.5% | -35.1% | -6.2% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.37x | — | -35.5% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $119.8B | +7.3% | +0.6% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 38.19 vs 30.46 | +25.4% | 12.51 vs 6.54 | +91.2% |
| Revenue Surprise | $66.5B vs $59.0B | +12.7% | $18.6B vs $15.8B | +17.4% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 11, 2026 | Rizzo Mario | other: Chief Operating Officer-AIC | Common Stock | A | 56,225 | $92.46 |
| Aug 11, 2026 | Rizzo Mario | other: Chief Operating Officer-AIC | Common Stock | D | 43,398 | $264.17 |
| Aug 11, 2026 | Rizzo Mario | other: Chief Operating Officer-AIC | Common Stock | D | 12,827 | $265.55 |
| Aug 11, 2026 | Rizzo Mario | other: Chief Operating Officer-AIC | Employee Stock Option (Right to Buy) | D | 56,225 | $92.46 |
| Aug 7, 2026 | Dugenske John E | other: Pres, Invest. & Corp. Strategy | Common Stock | D | 3,378 | $270.20 |
Operator : Good day, and thank you for standing by. Welcome to Allstate's Second Quarter Earnings Investor Call. As a reminder, please be aware that this call is being recorded. And now I'd like to introduce your host for today's program, Allister Gobin, Head of Investor Relations. Please go ahead, sir. Allister Gobin : Good morning, everyone. Welcome to Allstate's Second Quarter 2026 Earnings Call. Yesterday, following the close of the market, we issued our news release and investor supplement and posted materials on our website at allstateinvestors.com. Today, our management team will discuss how Allstate is creating shareholder value. Then we will open up the line for your questions. As noted on the first slide of the presentation, our discussion will include non-GAAP measures for which reconciliations are provided in the news release and the investor supplement. We will make forward-looking statements about Allstate's operations. Actual results may differ materially from these statements, so please refer to our 2025 10-K and other public filings for more information on potential risks. And now I'll turn it over to Tom. Thomas Wilson : Good morning. Thank you for investing time at Allstate. Before we begin, I'd like to welcome Chris Lown, who joined Allstate this week as Chief Financial Officer. He's an excellent addition to the Allstate team. You can look forward to hearing from him on the next call. chosen not to put in the middle of heat with like 2 days work. I'd also like to thank John for doing triple duty, leading investments strategy and being Interim Chief Financial Officer. Let's begin on Slide 2. Allstate's strategy is to increase Property-Liability market share and expand the protection we provide to customers by offering affordable, simple and connected products through an extensive distribution network. Shareholder value is created through operational excellence, which generates attractive returns on capital, sustainable growth through the PropertyLiability transformative growth initiative and expanded protection, capital generation, which funds organic growth, enables us to optimize risk-adjusted investment returns, pursue acquisitions and provide significant cash to shareholders. Let's review second quarter results on Slide 3. Overall, Allstate increased property liability growth and generated exceptional earnings. Starting with growth. Total revenues grew at $18.6 billion, up 11.8% from the second quarter of 2025. Net premiums written increased 2.6%, which was supported by continued growth in auto and homeowners insurance and a 9.9% increase in issued applications. Total policies in force increased 3.8% to $215.9 million. That reflects 2.6% growth in Property-Liability and 4.1% growth in Protection Services. Net investment income increased 33.8% to $1 billion, reflects lengthening of the duration last year, a larger portfolio and increased performance-based income. The increase in public equity investments last year also …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Thomas Joseph Wilson | Chairman of the Board, President & Chief Executive Officer | USD 7,504,271 | Male | 1958 | Active |
Christian Lown | Executive Vice President & Chief Financial Officer | USD 3,868,991 | Male | 1970 | Active |
John Edward Dugenske | President of Investments & Corporate Strategy | USD 3,601,897 | Male | 1967 | Active |
Jesse Edward Merten | Executive VP & President of Property-Liability | USD 3,155,733 | Male | 1975 | Active |
Mario Rizzo | Executive VP & COO | USD 3,134,536 | Male | 1968 | Active |
Christine Marie DeBiase | EVP, Chief Legal Officer & General Counsel | USD 2,863,135 | Female | 1969 | Active |
Andrea Carter | Chief Human Resources Officer & Executive Vice President | USD 2,045,510 | Female | 1970 | Active |
Zulfikar Jeevanjee | Executive VP, Chief Information Officer & Chief Information Security Officer of AIC | USD 1,862,493 | Male | 1965 | Active |
John Charles Pintozzi | Senior Vice President of Accounting Special Projects | — | Male | 1966 | Active |
Brent Vandermause | Head of Investor Relations | — | Male | — | Active |
Eric Kyle Ferren | Senior Vice President, Controller & Chief Accounting Officer | — | Male | 1974 | Active |
Allstate NYSE: ALL reported higher second-quarter revenue, underwriting income and investment income as the insurer continued to expand policies across its auto, homeowners and protection-services businesses.
Allstate Corporation delivered strong Q2 2026 results, driven by lower catastrophe losses, robust top-line growth, and improved underwriting profitability. ALL's combined ratio improved to 86.6% in Q2 and 84.3% for H1 2026, but these levels are not expected to be sustainable long term. Net income and ROE are currently elevated, yet earnings and profitability are projected to normalize as underwriting margins revert to historical averages.
The Allstate Corporation (ALL) Q2 2026 Earnings Call Transcript
ALL beats Q2 earnings estimates as higher investment income, improved underwriting and lower catastrophe losses fuel strong profit growth.
While the top- and bottom-line numbers for Allstate (ALL) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
