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Allstate ALL Homeowners — Net outstanding liabilities

Other product segments

Auto insurance - liability coverage
$21.52B
Other personal lines
$2.66B+17.6%
Run-off Property-Liability
$1.33B
Commercial lines
$1.13B-31.5%
Auto insurance - physical damage coverage
$597M
Other business lines
$93M-30.1%
Protection Services
$60M

Similar metrics at other companies

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MCYProperty insurance product line, homeowners' — Net outstanding liabilities
$530.46M+25.0%
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MCYProperty insurance product line, automobile — Net outstanding liabilities
$2.48B+10.8%
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MCYOther Short-duration Insurance Product Line — Net outstanding liabilities
$159.5M+61.2%
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MCYProperty insurance product line, commercial property — Net outstanding liabilities
$245.28M+15.1%
Cincinnati Financial logo
CINFHomeowner — Total liabilities for loss and ALAE, net of reinsurance
49,800,000,000%+8,400,000,000pp
Selective Insurance Group logo
SIGIHomeowners — Total liabilities for unpaid loss and loss expenses, net of reinsurance
$57.4M+7.5%

Other financials

Income statement

See full
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

See full
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:ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndAllocatedClaimAdjustmentExpenseNet.

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, except number of reported claims) / Accident yearIncurred claims and allocated claim adjustment expenses, net of recoverables / For the years ended December 31, 2021Incurred claims and allocated claim adjustment expenses, net of recoverables / For the years ended December 31, 2022Incurred claims and allocated claim adjustment expenses, net of recoverables / For the years ended December 31, 2023Incurred claims and allocated claim adjustment expenses, net of recoverables / For the years ended December 31, 2024Incurred claims and allocated claim adjustment expenses, net of recoverables / For the years ended December 31, 2025Prior year reserve reestimatesCumulative number of reported claims (in thousands) / As of December 31, 2025
2021$4,464$6,060$6,294$6,409$6,455
20223,9105,9616,2316,347
20235,7987,8308,205
20245,7537,947
20256,214
Total$35,168
All outstanding liabilities before 2021, net of recoverables153
Liabilities for claims and claim adjustment expenses, net of recoverables$4,122

Item 8. Financial Statements and Supplementary Data

FAQ

What is Allstate's homeowners — net outstanding liabilities?
Allstate (ALL) reported homeowners — net outstanding liabilities of $4.12B in Q4 2025.
How has Allstate's homeowners — net outstanding liabilities changed year-over-year?
Allstate's homeowners — net outstanding liabilities decreased by 3.4% year-over-year, from $4.27B to $4.12B.
What does homeowners — net outstanding liabilities mean?
This represents the total net liability for unpaid claims and claim adjustment expenses for the homeowners segment. It is the aggregate amount the company expects to pay in the future for all reported and unreported claims, net of reinsurance.

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