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Allstate ALL Property and casualty — Write-offs

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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:ReinsuranceLossOnUncollectibleAccountsInPeriodAmount.

The source filing: Allstate’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000899051-26-000118
($ in millions)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Property and casualty (1) (2)
Beginning balance$(55)$(63)$(54)$(63)
Decrease (increase) in the provision for credit losses(1)
Write-offs
Ending balance$(55)$(63)$(55)$(63)

Item 1. Financial Statements

FAQ

What is Allstate's property and casualty — write-offs?
Allstate (ALL) reported property and casualty — write-offs of $0 in Q2 2026.
What is the long-term trend for Allstate's property and casualty — write-offs?
Over 4 years (2021 to 2025), Allstate's property and casualty — write-offs has grown at a 77.8% compound annual growth rate (CAGR), from $1M to $10M.
What does property and casualty — write-offs mean?
This represents the actual amount of reinsurance recoverables deemed uncollectible and removed from the balance sheet during the period. It reflects the realization of credit losses when a reinsurer is confirmed to be unable to pay its obligations. This metric provides a clear view of realized credit risk within the reinsurance recovery process.

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