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Allstate ALL Accident and Health Insurance — Capital and surplus

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Other financials

Income statement

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Revenue$18.6B+11.8%
Net income$3.3B+55.1%
EPS (diluted)$12.51+61.2%

Balance sheet

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Cash & equivalents$840.0M-15.6%
Total debt$7.5B-7.4%
Total equity$33.7B+40.3%
Total assets$124.76B+7.6%

Cash flow

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Operating cash flow$2.6B+40.6%
CapEx$43.0M
Free cash flow$2.6B+38.3%

Valuation

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Market cap$67.51B+23.9%
Enterprise value$74.17B+20.4%
P/E5.1×-4.3×
P/S+0.1×

Profitability

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Net margin18.9%+10.2pp
FCF margin17.5%+4.6pp

Returns & leverage

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Return on equity46%+18.8pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by Allstate in its filing.

Tagged under the XBRL concept us-gaap:StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance.

The source filing: Allstate’s 10-K, filed February 20, 2026.

Filed
Feb 19, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0000899051-26-000031
($ in millions)Net income (loss) / 2025Net income (loss) / 2024Net income (loss) / 2023Capital and surplus / 2025Capital and surplus / 2024
Amounts by major business type:
Property and casualty insurance$8,690$4,158$(487)$22,845$18,243
Accident and health insurance1026161101392
Amount per statutory accounting practices$8,792$4,219$(426)$22,946$18,635

Item 8. Financial Statements and Supplementary Data

FAQ

What is Allstate's accident and health insurance — capital and surplus?
Allstate (ALL) reported accident and health insurance — capital and surplus of $101M in Q4 2025.
How has Allstate's accident and health insurance — capital and surplus changed year-over-year?
Allstate's accident and health insurance — capital and surplus decreased by 74.2% year-over-year, from $392M to $101M.
What does accident and health insurance — capital and surplus mean?
This metric represents the excess of assets over liabilities held specifically to support the accident and health insurance segment's operations and regulatory capital requirements. It serves as a financial buffer to absorb unexpected underwriting losses or adverse market fluctuations. Maintaining adequate surplus is critical for ensuring long-term solvency and meeting policyholder obligations.

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