The Allstate Corporation
ALL-PJ
New York Stock Exchange26.00
USD
-0.10
- -
The Allstate Corporation
ALL-PJ
(New York Stock Exchange)
Recent
price
26.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- The Allstate Corporation is a leading provider of insurance products and services operating primarily in the United States with a significant market presence in property and casualty insurance, automobile insurance, homeowners' insurance, renters' insurance, life insurance, business insurance, and registered securities. Founded in 1931 and headquartered in Northbrook, Illinois, Allstate offers a broad portfolio that includes auto and home insurance; life and supplemental health insurance under the American Heritage Life brand; identity protection and cybersecurity solutions; consumer electronics protection plans through its subsidiary SquareTrade; and specialty and reinsurance products. The company also provides protection plans against risks such as theft, lightning, fire, sprinkler leakage, and explosions. Allstate serves both individual consumers and businesses, leveraging over 200 subsidiaries domestically and internationally across Canada, the United Kingdom, Australia, Japan, and other countries. In the last two years, Allstate has executed strategic divestitures and acquisitions to sharpen its focus and grow core operations. Most notably, in early 2025, Allstate divested its Group Health and Employer Voluntary Benefits businesses for a combined $3.25 billion to Nationwide, a transaction that enhances capital allocation toward its core property and casualty and life insurance segments. This divestiture was part of a broader capital reallocation strategy enabling growth and improving shareholder value, along with a 9% increase in quarterly dividends and ongoing share repurchases. Alongside this, the company restructured its leadership team in late 2025 to position for continued growth. Allstate continues to pursue innovation in underwriting, digital services, and telematics, reinforcing its market share in automobile and homeowners insurance while expanding offerings in technology-enabled solutions such as identity protection and digital claims processing. Allstate maintains a robust investment portfolio and reported strong financial results in 2025, underpinned by its diversified insurance operations and strategic focus on underwriting profitability and operational efficiency. The company targets retail and commercial insurance markets across North America and has extended its footprint through acquisitions including National General Insurance and InfoArmor, enhancing its capabilities in auto insurance and cybersecurity respectively. Allstate's comprehensive service model spans direct-to-consumer sales, independent agents, and digital platforms, making it a prominent multi-channel insurer in North America. Overall, Allstate Corporation positions itself as a diversified insurance and financial services provider concentrating on personal lines, supplemental health insurance, and technology-enabled protection services supported by strategic divestitures and investments to fuel growth and shareholder returns. The company leverages extensive geographic operations and subsidiaries worldwide, backed by nearly a century of industry experience headquartered in Illinois. This description reflects Allstate’s current business model, main products, recent strategic actions including the 2025 divestiture of Group Health and ongoing growth initiatives.