What is Allstate's homeowners — recoverables?

Allstate (ALL) reported homeowners — recoverables of $679M in Q4 2025.

How has Allstate's homeowners — recoverables changed year-over-year?

Allstate's homeowners — recoverables increased by 29.8% year-over-year, from $523M to $679M.

What does homeowners — recoverables mean?

This metric represents the portion of homeowners insurance claims that the company expects to recover from third parties, primarily through reinsurance arrangements. It serves as a risk mitigation tool, shifting a portion of the financial burden of large losses to reinsurers. The level of recoverables provides insight into the company's reinsurance strategy and its exposure to catastrophic events.

Allstate (ALL) Homeowners — Recoverables

Screener

Other product segments

Auto insurance - liability coverage

$6.3B—

Run-off Property-Liability

$419M—

Commercial lines

$231M-22.7%

Other personal lines

$204M-21.5%

Auto insurance - physical damage coverage

$18M—

Other business lines

$14M+600%

Protection Services

$12M—

Similar metrics at other companies

CINFHomeowner — Reinsurance recoverable on unpaid losses

$124M+1,278%

KMPRHomeowners — Reinsurance Recoverables on Unpaid Losses and Allocated LAE

$0—

SIGIHomeowners — Reinsurance Recoverable for Unpaid Claims and Claims Adjustments

$490K-75.0%

TRVAutomobile — Reinsurance Recoverables on Unpaid Losses

$630M+1.9%

TRVGeneral Liability — Reinsurance Recoverables on Unpaid Losses

$1.86B+25.8%

HIGGroup Insurance Policy — Reinsurance and other recoverables

$295M+3.1%

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

See full

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

See full

Operating cash flow$2.6B+40.6%

CapEx$43.0M—

Free cash flow$2.6B+38.3%

Valuation

See full

Market cap$67.51B+23.9%

Enterprise value$74.17B+20.4%

P/E5.1×-4.3×

P/S1×+0.1×

Profitability

See full

Net margin18.9%+10.2pp

FCF margin17.5%+4.6pp

Returns & leverage

See full

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:ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments.

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)	As of December 31, 2025	As of December 31, 2025
Allstate Protection
Auto insurance - liability coverage	6,301
Auto insurance - physical damage coverage	18
Homeowners insurance	679
Other personal lines	204
Commercial lines	231
Other business lines	14
Protection Services	12

Item 8. Financial Statements and Supplementary Data

FAQ

What is Allstate's homeowners — recoverables?: Allstate (ALL) reported homeowners — recoverables of $679M in Q4 2025.
How has Allstate's homeowners — recoverables changed year-over-year?: Allstate's homeowners — recoverables increased by 29.8% year-over-year, from $523M to $679M.
What does homeowners — recoverables mean?: This metric represents the portion of homeowners insurance claims that the company expects to recover from third parties, primarily through reinsurance arrangements. It serves as a risk mitigation tool, shifting a portion of the financial burden of large losses to reinsurers. The level of recoverables provides insight into the company's reinsurance strategy and its exposure to catastrophic events.