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Allstate ALL Property and casualty — Net outstanding liabilities

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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: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)As of December 31, 2025As of December 31, 2025
Run-off Property-Liability (1)1,326
ULAE1,551
Other
Net reserve for property and casualty insurance claims and claims expense33,067
Recoverables
Allstate Protection
Auto insurance - liability coverage6,301
Auto insurance - physical damage coverage18

Item 8. Financial Statements and Supplementary Data

FAQ

What is Allstate's property and casualty — net outstanding liabilities?
Allstate (ALL) reported property and casualty — net outstanding liabilities of $33.07B in Q4 2025.
How has Allstate's property and casualty — net outstanding liabilities changed year-over-year?
Allstate's property and casualty — net outstanding liabilities decreased by 0.7% year-over-year, from $33.32B to $33.07B.
What does property and casualty — net outstanding liabilities mean?
This represents the total estimated future obligations for claims that have been reported but not yet paid, plus estimates for claims incurred but not reported (IBNR). It serves as a measure of the insurer's long-term financial commitment to policyholders for past events. Accurate estimation is vital for solvency and regulatory compliance.

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