The Allstate Corporation (ALL)

NYSE: ALL · USD

$250

-1.74 (-0.7%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-09-27

Our latest published analysis: ALL rated Strong Buy

The Allstate Corporation's published Strong Buy conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$444 / share

Potential value

$841 / share

Upside to FV

+95.0%

from $250

Moat

6.2/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$57.6B
Revenue (ttm)	70.1B
Net income (ttm)	13.2B
EPS (ttm)	$50.1
Shares out	252.9M
P/E (trailing)	5.0x
P/E (forward)	8.3x
Dividend	$4.32 (1.73%)
Volume	1,237,701
Beta	0.14

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 70.1B
Net income (ttm): 13.2B
EPS (ttm): $50.1
P/E (trailing): 5.0x
P/E (forward): 8.3x
Market cap: $57.6B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$50.60B	$51.41B	$57.09B	$64.11B	$67.69B	+7.5%
Gross profit	$43.33B	$43.97B	$7.17B	$14.50B	$22.09B	-15.5%
Operating income	$716.0M	$-1.86B	$31.0M	$6.16B	$13.56B	+108.6%
Net income	$1.61B	$-1.29B	$-188.0M	$4.67B	$10.28B	+58.9%
EPS (diluted)	$5.01	$-5.14	$-1.20	$16.99	$38.06	+66.0%
EBITDA	$1.09B	$-1.51B	$735.0M	$6.72B	$14.04B	+89.3%
R&D	—	—	—	—	—	—
SG&A	$644.0M	$116.0M	$9.0M	$37.0M	$30.0M	-53.5%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ACGL	Arch Capital Group Ltd.	34.8B	8.3x	1.8x	15.9%	+15.1%	+18.7%	적극 매수
AIG	American International Group Inc.	41.7B	14.7x	1.6x	7.7%	-9.6%	+2.8%	적극 매수
AIZ	Assurant, Inc.	14.1B	13.6x	1.0x	14.4%	+6.6%	+36.2%	보유
AJG	Arthur J. Gallagher & Co.	66.7B	43.2x	4.4x	6.6%	+15.3%	-5.7%	매수
AMP	Ameriprise Financial, Inc.	43.1B	11.8x	2.2x	43.0%	+8.9%	+1.1%	매수
AON	Aon plc	66.8B	17.2x	3.8x	16.3%	+7.9%	-5.5%	매수

Base and Bull scenarios

Base55%

Price target

$443.87

+95.0% from spot

Under the base scenario, which carries a probability of 55.0%, Allstate's underwriting margins normalize toward long-term historical levels following peak rate realization. Premium growth moderates toward steady-state levels while exclusive agency distribution sustains policy retention. Capital management remains focused on steady share repurchases and dividends. This path produces a target valuation of $443.87, delivering an expected return of 95.0% from the analysis price of $227.60. This outcome would be disconfirmed if catastrophe losses escalate sharply or auto liability reserve deficiencies emerge across consecutive quarters.

Property-Liability underwriting margins normalize toward long-term through-the-cycle averages.
Earned premium growth settles in line with nominal economic expansion as rate adjustments mature.
Technology tools support agent productivity, sustaining policyholder retention across exclusive agency channels.
Holding company deployable liquidity continues funding regular dividends and share repurchases.

Bull20%

Price target

$840.59

+269.3% from spot

Under the bull scenario, assigned a probability of 20.0%, favorable weather patterns and sustained pricing discipline keep underwriting margins above historical cycle averages. Multi-policy bundling and agent digital enablement accelerate policy retention, while non-catastrophe Protection Services revenue expands. Share buybacks aggressively reduce share count, lifting the bull target valuation to $840.59 and generating a projected return of 269.3% relative to $227.60. Disconfirmation would occur if severe storm seasons or competitive price cuts undermine underwriting profitability.

Sustained pricing adequacy and benign severe storm seasons maintain underwriting profitability above long-term averages.
Protection Services fee revenue expands rapidly through OEM and dealer distribution partnerships.
Legislative tort reforms in key states dampen bodily injury liability severity.
Accelerated share repurchases compound per-share earnings growth.

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($443.87). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	1.5%	2.0%	2.5%	3.0%	3.5%
5.2%	$481	$525	$587	$680	$839
5.7%	$430	$462	$504	$563	$653
6.2%	$390	$414	$444	$484	$541
6.7%	$357	$375	$398	$427	$465
7.2%	$329	$344	$361	$382	$410

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E8.3

P25 n/aP50 n/aP75 n/a

Trailing P/E4.6

P25 n/aP50 n/aP75 n/a

ROE46.1

P25 n/aP50 n/aP75 n/a

ROIC32.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All ALL indicators

Market & fundamental data

Available fields

267

Groups with data

Currency

USD

Showing 267 of 267 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000899051
Company name	The Allstate Corporation
Country	United States
Country code	US
CUSIP number	020002101
Earnings date	2026-11-04
Earnings time	amc
Employees	53,300
Employees change	-2,100
Employees growth	-3.79%
Enterprise value	$69.9B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1931
In index	SP500
Industry	Insurance - Property & Casualty
IPO date	1993-06-02
Is primary listing	Yes
Is SPAC	No
ISIN number	US0200021014
Last 10-K release date	2026-02-20
Last earnings date	2026-08-05
Last refreshed	2026-10-28
Last stock split date	1998-07-02
Last stock split type	Forward
Market cap	$63.2B
Market cap category	Large-Cap
Next earnings date	2026-11-04
Options	Yes
Price	$249.97
Price currency	USD
Sector	Financials
SIC code	6331
Stock price date	2026-10-28
Symbol	ALL
U.S. state	Illinois
Website	https://www.allstate.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	5.54x
Average P/E ratio (10Y)	12.54x
Average P/E ratio (3Y)	11.99x
Average P/E ratio (5Y)	14.56x
Earnings yield	20.04%
EV/Earnings	5.29x
EV/EBIT	4.18x
EV/EBITDA	4.08x
EV/FCF	5.7x
EV/Sales	1x
FCF / EV yield	17.54%
FCF yield	19.39%
Forward EV/Sales	0.99x
Forward P/E	8.55x
Forward P/S	0.9x
Graham number	375.02738
Graham upside	50.1%
Industry forward P/E	12.54x
Industry P/E	10.1x
Lynch fair value	$1,252.27
Lynch upside	401.21%
P/B ratio	2.02x
P/E ratio	4.99x
P/FCF ratio	5.16x
P/OCF ratio	5.07x
P/S ratio	0.9x
Price / tangible book value	2.21x
Price/EBITDA ratio	3.69x
Sector forward P/E	13.61x
Sector P/E	15.68x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	23.82%
EBITDA margin	24.4%
Effective tax rate	21.69%
FCF margin	17.46%
Gross margin	36.8%
Operating margin	23.82%
Pretax margin	24.22%
Profit margin	18.97%
Profit per employee	$247,448
Profitable quarters	11
Profitable years	2
Revenue per employee	$1.3M
ROA	8.68%
ROA (5Y)	2.64%
ROCE	31.96%
ROE	46.11%
ROE (5Y)	14.85%
ROIC	32.6%
ROIC (5Y)	11.38%
Tax / revenue	5.25%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	135.84%
EPS growth (Q)	61.21%
EPS growth (QoQ)	35.24%
EPS growth 10Y	28.85%
EPS growth 5Y	31.59%
EPS growth quarters	5
EPS growth years	3
FCF growth	43.45%
FCF growth (Q)	38.26%
FCF growth (QoQ)	-26.43%
FCF growth 3Y	40.11%
FCF growth 5Y	18.73%
Net income growth	128.55%
Net income growth (Q)	55.1%
Net income growth (QoQ)	33.48%
Net income growth 5Y	27.52%
Net income growth quarters	5
Net income growth years	3
OCF growth	42.62%
OCF growth (Q)	40.63%
OCF growth (QoQ)	-26.05%
OCF growth 10Y	13.01%
OCF growth 3Y	37.6%
OCF growth 5Y	17.65%
Revenue growth	5.92%
Revenue growth (Q)	11.8%
Revenue growth (QoQ)	9.77%
Revenue growth 10Y	6.97%
Revenue growth 3Y	8.69%
Revenue growth 5Y	8.46%
Revenue growth quarters	16
Revenue growth years	15

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-220M
EBIT	$16.7B
EBITDA	$17.1B
EPS	$50.09
FCF per share	$48.44
Financing cash flow	$-4.2B
Free cash flow	$12.2B
Gross profit	$25.8B
Income taxes	$3.7B
Investing cash flow	$-8.5B
Net borrowing	$-600M
Net cash flow	$-155M
Net income	$13.2B
Operating income	$16.7B
Revenue	$70.1B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	$124.79
Debt / EBITDA	0.44
Debt / equity	0.22
Debt / FCF	0.61
Goodwill	$3.1B
Interest coverage	42.51
Net cash (debt)	$-6.7B
Net cash / market cap	-10.54%
Net debt / EBITDA	0.39
Net debt / equity	0.2
Net debt / FCF	0.54
Piotroski F-Score	4
Property, plant and equipment	$591M
Shareholders' equity	$33.7B
Tangible book value	$28.6B
Tangible book value per share	$112.52
Total assets	$124.8B
Total cash	$5.7B
Total debt	$7.5B
Total liabilities	$91.1B
WACC	4.91%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.58
Current ratio	0.36
Net working capital	$-46.4B
Quick ratio	0.24
Working capital	$-46.2B

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	1.96%
Dividend growth	8.16%
Dividend growth (10Y)	12.64%
Dividend growth (3Y)	6.4%
Dividend growth (5Y)	7.38%
Dividend growth years	15
Dividend payment date	2026-10-01
Dividend payment years	34
Dividend payout frequency	Quarterly
Dividend per share	$4.32
Dividend yield	1.73%
Ex-dividend date	2026-08-31
FCF payout ratio	8.92%
Last dividend	$1.08
Payout ratio	8.62%
Shareholder yield	3.68%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	269.55%
10Y return CAGR	16.5%
10Y total return	360.36%
150-day SMA	$235.47
15Y price change	801.08%
15Y return CAGR	18.33%
15Y total return	1,148.21%
1D price change	-0.69%
1M price change	9.75%
1M total return	9.75%
1W price change	-0.05%
1W total return	-0.05%
1Y price change	29.29%
1Y return CAGR	31.81%
1Y total return	31.79%
20-day SMA	$239.57
200-day SMA	$227.72
20Y price change	304.57%
20Y return CAGR	9.87%
20Y total return	556.68%
3M price change	-4.4%
3M total return	-4%
3Y price change	102.58%
3Y return CAGR	29.13%
3Y total return	115.35%
50-day SMA	$245.35
50-day SMA vs 200-day SMA	50over200
52-week high	$277.22
52-week high date	2026-07-29
52-week low	$188.08
52-week low date	2025-10-29
5Y price change	99.98%
5Y return CAGR	17.62%
5Y total return	125.1%
6M price change	16.61%
6M total return	17.71%
All-time high	$277.22
All-time high date	2026-07-29
All-time low	$11.31
All-time low date	1994-04-21
Average true range (ATR)	$5.48
Average volume	1.7M
Beta (1Y)	-0.18
Beta (2Y)	0.36
Beta (5Y)	0.14
Change from 52-week high	-9.83%
Change from 52-week low	32.91%
Change from all-time high	-9.9%
Change from all-time low	2,107.9%
Change from open	-0.67%
Day's gap	-0.02%
Dollar volume	$309.4M
High price	$252.34
Low price	$249.36
Monthly RSI	60.8
Open price	$251.65
Position in 52-week range	20.47%
Premarket change	-0.22%
Premarket close	$251.71
Premarket price	$251.15
Previous close	$251.71
Price vs 150-day SMA	6.08%
Price vs 20-day SMA	4.26%
Price vs 200-day SMA	9.69%
Price vs 50-day SMA	1.8%
Relative volume	0.72
RSI	56.71
Sharpe ratio	1.06
Sharpe ratio (3Y)	1.03
Sharpe ratio (5Y)	0.58
Sortino ratio	1.77
Sortino ratio (3Y)	1.73
Sortino ratio (5Y)	1.03
Volume	1.2M
Weekly RSI	56.3
YTD price change	20%
YTD total return	21.75%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	251.3M
Float percentage	99.39%
Shares change (QoQ)	-1.33%
Shares change (YoY)	-1.96%
Shares held by insiders	0.5%
Shares held by institutions	85.18%
Shares outstanding	252.9M
Short % of float	2.79%
Short % of shares	2.78%
Short ratio	3.1 days

Deeper analysis on ALL

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this ALL report

What is the latest published ALL stock rating?

The Allstate Corporation is shown with Strong Buy in the latest published report, analyzed 2026-09-27. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full ALL analysis?

The full latest published report, analyzed 2026-09-27, lives at /stocks/ALL/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for ALL?

The latest published report analyzed 2026-09-27 gives ALL a fair value of USD 444 and a potential value of USD 841. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the ALL page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-09-27). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

Strong BuyALL · Fair value $444+95.0%

Read full analysis →

The Allstate Corporation (ALL)

Our latest published analysis: ALL rated Strong Buy

Price

Financial snapshot

Fair-value bridge

Latest news · ALL

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All ALL indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on ALL

Frequently asked questions

등급 이력

Category	Score	Reading
Valuation	9.5
Management	9.5
Balance Sheet	5.0
Profitability	7.5
Revenue Growth	6.0
Risk Assessment	7.0
Competitive Moat	6.2
Earnings Quality	7.5
Capital Efficiency	7.5