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Allstate ALL Auto — Prior years

Other product segments

Homeowners
-$112M-1,300%
Other personal lines
-$54M-202%
Commercial lines
-$20M+35.5%
Other business lines
-$6M+60.0%

Similar metrics at other companies

Cincinnati Financial logo
CINFPersonal Auto — Prior accident years
$10M
W.R. Berkley logo
WRBAuto — Reserves for loss and loss adjustment expenses before 2016, net of reinsurance
$5.04M+120%
Hagerty logo
HGTYAuto — Reserves for losses and loss adjustment expenses before 2021, net of reinsurance
$2.25M+76.8%
Cincinnati Financial logo
CINFPersonal Auto — 3
7.7%-0.3pp
Assurant logo
AIZFinancial Service — Prior years
-$400K+83.8%
Horace Mann Educators logo
HMNProperty & Casualty — Favorable development of prior years auto reserves
$1.75M

Other financials

Income statement

See full
Revenue$16.9B+3.0%
Net income$2.5B+313%
EPS (diluted)$9.25+338%

Balance sheet

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Cash & equivalents$697.0M-17.0%
Total debt$7.5B-7.4%
Total equity$31.6B+43.3%
Total assets$123.97B+7.7%

Cash flow

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Operating cash flow$3.6B+81.4%
CapEx$40.0M-56.5%
Free cash flow$3.5B+88.1%

Valuation

See full
Market cap$60.12B+15.3%
Enterprise value$66.91B+12.6%
P/E-8.0×
P/S0.9×+0.1×

Profitability

See full
Net margin17.8%+11.6pp
FCF margin16.9%+3.2pp

Returns & leverage

See full
Return on equity45.2%+25.4pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by Allstate in its filing.

Tagged under the XBRL concept us-gaap:SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense.

The official record: Allstate’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Allstate's auto — prior years?
Allstate (ALL) reported auto — prior years of -$840M in Q1 2026.
How has Allstate's auto — prior years changed year-over-year?
Allstate's auto — prior years decreased by 237.3% year-over-year, from -$249M to -$840M.
What is the long-term trend for Allstate's auto — prior years?
Over 4 years (2021 to 2025), Allstate's auto — prior years has grown at a 86.6% compound annual growth rate (CAGR), from $155M to -$1.88B.
What does auto — prior years mean?
This metric represents the net favorable or unfavorable development of loss reserves established for auto insurance claims occurring in previous accident years. It reflects the accuracy of initial actuarial estimates compared to the actual ultimate costs settled over time. Changes in this figure indicate whether the company previously over-reserved or under-reserved for claims liabilities.