Core Insights - The Allstate Corporation reported a fourth-quarter 2025 adjusted net income of $14.31 per share, exceeding the Zacks Consensus Estimate by 45.7% and showing an 86.6% year-over-year increase [1][9] - Operating revenues reached $17.3 billion, reflecting a 3.4% year-over-year growth, although it fell short of the consensus estimate by 1.4% [1][2] Financial Performance - Property and casualty insurance premiums increased by 6.3% year over year to $15.5 billion, while net investment income rose 7.1% year over year to $892 million, surpassing the Zacks Consensus Estimate of $875 million [3][4] - Total costs and expenses decreased by 11.6% year over year to $12.4 billion, attributed to lower claims and operating costs, with catastrophe losses dropping 49% year over year to $209 million [4][9] - The pretax income doubled year over year to $4.9 billion [4] Segment Performance - The Property-Liability segment earned premiums of $14.8 billion, a 6.1% year-over-year increase, although it missed the consensus estimate [6] - Underwriting income in the Property-Liability unit more than doubled year over year to $4 billion, with an improved combined ratio of 76.6% [6][9] - The Protection Services segment's revenues grew 3.1% year over year to $917 million, but also fell short of estimates [7] Capital Deployment - In 2025, Allstate returned over $2.2 billion to shareholders through share buybacks and dividends, with a new $4 billion share repurchase program authorized [10] - A quarterly dividend increase of 8% was approved, raising the dividend to $1.08 per share, payable on April 1, 2026 [11] Annual Overview - For the full year 2025, Allstate's revenues totaled $67.7 billion, a 5.6% increase year over year, with adjusted net income soaring 90.1% to $34.83 per share [12]

The Allstate Corporation (NYSE:ALL) Q4 2025 Earnings call February 05, 2026 09:00 AM ET Company ParticipantsAlister Gobin - Head of Investor RelationsJesse Edward Merten - CFOJohn Dugenske - President, Investments and Financial ProductsMario Rizzo - President,Property-LiabilityThomas J. Wilson - CEOConference Call ParticipantsBob Huang - AnalystC. Gregory Peters - AnalystDavid Motemaden - AnalystElyse Greenspan - AnalystJoshua Shanker - AnalystMichael Zaremski - AnalystRobert Cox - AnalystYaron Kinar - Anal ...

The Allstate Corporation (NYSE:ALL) Q4 2025 Earnings call February 05, 2026 09:00 AM ET Company ParticipantsAlister Gobin - Head of Investor RelationsJesse Edward Merten - CFOJohn Dugenske - President, Investments and Financial ProductsMario Rizzo - President,Property-LiabilityThomas J. Wilson - CEOConference Call ParticipantsBob Huang - AnalystC. Gregory Peters - AnalystDavid Motemaden - AnalystElyse Greenspan - AnalystJoshua Shanker - AnalystMichael Zaremski - AnalystRobert Cox - AnalystYaron Kinar - Anal ...

The Allstate Corporation (NYSE:ALL) Q4 2025 Earnings call February 05, 2026 09:00 AM ET Speaker10Good day, and thank you for standing by. Welcome to Allstate's Fourth Quarter Earnings Investor Call. At this time, all participants are in listen-only mode. After prepared remarks, there will be a question-and-answer session. To ask a question during the session, you'll need to press star one on your telephone. If your question has been answered and you'd like to remove yourself from the queue, simply press sta ...

The Allstate Corporation Investor Supplement Fourth Quarter 2025 The condensed consolidated financial statements and financial exhibits included herein are unaudited and should be read in conjunction with the consolidated financial statements and notes thereto included in the most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The results of operations for interim periods should not be considered indicative of results to be expected for the full year. Measures used in these financial ...

The Allstate Corporation published its financial results for the fourth quarter of 2025, reporting $17.3 billion in total revenues, 5.1% higher than the prior year quarter, and a net income of $3.8 billion, which compares to the $1.9 billion seen in the same period last year.The insurer also reported its financial results for the full year 2025, with total revenues seeing a 5.6% increase, to $67.7 billion, compared to the year prior. Net income stood at $10.2 billion, which compares to the $4.6 billion repo ...

Core Insights - Allstate reported $17.27 billion in revenue for Q4 2025, a 3.4% year-over-year increase, with an EPS of $14.31 compared to $7.67 a year ago, indicating strong earnings growth despite missing revenue estimates by 1.43% [1] Financial Performance - The company delivered an EPS surprise of +45.77%, significantly exceeding the consensus estimate of $9.82 [1] - Allstate's shares have returned -3% over the past month, underperforming the Zacks S&P 500 composite, which increased by +0.9% [3] Key Metrics - Auto Insurance Loss Ratio: 58.9%, better than the average estimate of 67.6% [4] - Auto Insurance Expense Ratio: 21.9%, compared to the average estimate of 22.4% [4] - Homeowners Insurance Loss Ratio: 33.2%, significantly lower than the average estimate of 42.2% [4] - Auto Insurance Combined Ratio: 80.8%, outperforming the average estimate of 90.1% [4] - Property-Liability Net Premiums Earned: $14.78 billion, slightly below the average estimate of $14.92 billion, but a +6.1% year-over-year increase [4] - Underwriting Income for Property-Liability: $4.01 billion, exceeding the average estimate of $2.42 billion [4] - Property-Liability Net Investment Income: $814 million, above the average estimate of $786.45 million, reflecting a +7.5% year-over-year increase [4] - Other Revenue in Property-Liability: $541 million, surpassing the average estimate of $513.77 million, with a +9.7% year-over-year change [4] - Corporate and Other Net Investment Income: $52 million, significantly higher than the average estimate of $37.85 million, showing a +116.7% year-over-year increase [4] - Underwriting Income for Homeowners: $1.81 billion, exceeding the average estimate of $1.47 billion, with a +69.4% year-over-year change [4] - Property and Casualty Insurance Premiums Revenue: $15.51 billion, slightly below the average estimate of $15.64 billion, but a +6.3% year-over-year increase [4] - Underwriting Income for Auto: $1.85 billion, significantly higher than the average estimate of $969.33 million, reflecting a +207% year-over-year increase [4]

Allstate (ALL) came out with quarterly earnings of $14.31 per share, beating the Zacks Consensus Estimate of $9.82 per share. This compares to earnings of $7.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +45.77%. A quarter ago, it was expected that this insurer would post earnings of $8.2 per share when it actually produced earnings of $11.17, delivering a surprise of +36.22%.Over the last four quarters, the company has s ...

NORTHBROOK, Ill., Feb. 4, 2026 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) today reported financial results for the fourth quarter of 2025. "Allstate had a terrific year by better serving customers and making protection more affordable," said Tom Wilson, who leads The Allstate Corporation. "We proactively reduced premiums for 7.8 million auto and homeowners insurance customers by an average of 17% through tailored coverage reviews to offset cost inflation. We also improved 69 million customer inter ...

Financial Performance - Total revenues for Q4 2025 were $17.3 billion, an increase of $839 million or 5.1% compared to Q4 2024[4] - Net income applicable to common shareholders for Q4 2025 was $3.8 billion, a 100.3% increase from $1.9 billion in the prior year quarter[4] - Adjusted net income for the full year 2025 was $9.3 billion, generating an adjusted net income return on equity of 38.3%[4] - Total revenues for Q4 2025 reached $17,345 million, an increase of 5% from $16,506 million in Q4 2024[27] - Net income applicable to common shareholders for Q4 2025 was $3,803 million, compared to $1,899 million in Q4 2024, representing a 100.5% increase[27] - Adjusted net income for Q4 2025 was $3,788 million, up from $2,062 million in Q4 2024, reflecting an 83.5% increase[31] - Earnings per common share (diluted) for Q4 2025 was $14.37, significantly higher than $7.07 in Q4 2024[31] Insurance Premiums and Policies - Total policies in force increased to 210.9 million, up 3.0% from the prior year, driven by broad distribution and affordable products[4] - Property and casualty insurance premiums increased to $15,511 million in Q4 2025, up 6.3% from $14,591 million in Q4 2024[27] - Homeowners insurance premiums written increased by 13.4% in Q4 2025, reflecting higher average premiums and policy growth[10] Investment Income - Net investment income for Allstate Investments was $892 million, an increase of $59 million or 7.1% year-over-year, primarily due to market-based portfolio growth[16] - Market-based investment income was $804 million, a 10.6% increase from the prior year quarter, reflecting growth in asset balances to $73.4 billion[20] - Net investment income for Q4 2025 was $892 million, an increase from $833 million in Q4 2024[27] Combined Ratios and Underwriting Performance - The recorded combined ratio for Property-Liability was 72.9 in Q4 2025, improving by 14.0 points from the prior year quarter[6] - The underlying combined ratio for Property-Liability improved to 76.6% in Q4 2025 from 83.0% in Q4 2024, indicating a positive trend in underwriting performance[36] - The combined ratio for Allstate Protection - Auto Insurance decreased to 80.8% in Q4 2025 from 93.5% in Q4 2024, reflecting improved operational efficiency[38] - The combined ratio for Allstate Protection - Homeowners Insurance significantly improved to 55.3% in Q4 2025 from 69.8% in Q4 2024, driven by lower catastrophe losses[39] - The combined ratio for Property-Liability for the twelve months ended December 31, 2025, was 85.2%, a significant improvement from 94.3% in 2024[38] Shareholder Returns - The common dividend will increase to $1.08 per share, with a $4.0 billion share repurchase program to be initiated[2] - Over $2.2 billion was returned to shareholders in 2025 through share repurchases and dividends, with the common shareholder dividend set to increase to $1.08[18] Total Assets and Equity - Total estimated statutory surplus increased to $23.0 billion, with $7.5 billion in assets at the holding company[18] - Total assets rose to $119.758 billion, up from $111.617 billion in the previous year[25] - Total Allstate shareholders' equity increased to $30.610 billion, compared to $21.442 billion in the prior year[25] Catastrophe Losses - Catastrophe losses for homeowners insurance decreased to $170 million in Q4 2025, down $145 million from the prior year quarter[14] - Catastrophe losses for Property-Liability decreased to (1.4%) in Q4 2025 compared to (2.9%) in Q4 2024, contributing to the improved combined ratio[38] - The effect of catastrophe losses for Allstate Protection - Homeowners Insurance decreased to (4.2%) in Q4 2025 from (8.9%) in Q4 2024, positively impacting the overall performance[39]