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Allstate ALL Homeowners — Total prior year reserve reestimates

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CINFHomeowner — Prior accident years
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SIGIHomeowners — Total
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KMPRHomeowners — Year 1
67.5%+0.5pp
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KMPRHomeowners — Year 2
93%+0.6pp
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KMPRHomeowners — Year 3
97.1%+0.5pp

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 all:PriorYearReserveEstimatesIncreaseDecrease.

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
Total$39,137$(77)
Reconciliation to total prior year reserve reestimates recognized by line
Prior year reserve reestimates for pre-2021 accident years27
Prior year reserve reestimates for ULAE34
Other
Total prior year reserve reestimates$(16)
Cumulative paid claims and allocated claims adjustment expenses, net of recoverables
For the years ended December 31,

Item 8. Financial Statements and Supplementary Data

FAQ

What is Allstate's homeowners — total prior year reserve reestimates?
Allstate (ALL) reported homeowners — total prior year reserve reestimates of $8.5M in Q4 2025.
How has Allstate's homeowners — total prior year reserve reestimates changed year-over-year?
Allstate's homeowners — total prior year reserve reestimates increased by 108.6% year-over-year, from -$98.75M to $8.5M.
What is the long-term trend for Allstate's homeowners — total prior year reserve reestimates?
Over 4 years (2021 to 2025), Allstate's homeowners — total prior year reserve reestimates has grown at a -31.3% compound annual growth rate (CAGR), from -$153M to $34M.
What does homeowners — total prior year reserve reestimates mean?
This represents the aggregate impact of all reserve adjustments related to prior accident years for the homeowners segment. It consolidates various reestimates to show the net impact on current period earnings from historical claims activity.

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