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Allstate ALL Protection Services — Amortization of deferred policy acquisition costs

Other segment segments

Allstate Protection and Run-off Property-Liability
$1.84B+5.6%
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$0

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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:DeferredPolicyAcquisitionCostAmortizationExpense.

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
Total317
Protection Services
Claims and claims expense198170397331
Amortization of DAC356328704646
Non-deferrable commissions124110250211
Restructuring and related charges141
Other segment expenses (2)186180369388
Income taxes on operations (3)19183435

Item 1. Financial Statements

FAQ

What is Allstate's protection services — amortization of deferred policy acquisition costs?
Allstate (ALL) reported protection services — amortization of deferred policy acquisition costs of $356M in Q2 2026.
How has Allstate's protection services — amortization of deferred policy acquisition costs changed year-over-year?
Allstate's protection services — amortization of deferred policy acquisition costs increased by 8.5% year-over-year, from $328M to $356M.
What is the long-term trend for Allstate's protection services — amortization of deferred policy acquisition costs?
Over 4 years (2021 to 2025), Allstate's protection services — amortization of deferred policy acquisition costs has grown at a 13.7% compound annual growth rate (CAGR), from $795M to $1.33B.
What does protection services — amortization of deferred policy acquisition costs mean?
This metric represents the systematic expensing of costs incurred to acquire new insurance policies, such as commissions and underwriting expenses, over the life of the policy. It aligns the recognition of acquisition costs with the recognition of related premium revenue. It is a key indicator of the efficiency of the company's sales and marketing efforts.

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