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Allstate ALL Protection Services — Income Tax

Other segment segments

Allstate Protection and Run-off Property-Liability
$668M+351%
Corporate
-$33M+28.3%
Allstate Health and Benefits
$0-100%

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Other financials

Income statement

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Revenue$16.9B+3.0%
Net income$2.5B+313%
EPS (diluted)$9.25+338%

Balance sheet

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Cash & equivalents$697.0M-17.0%
Total debt$7.5B-7.4%
Total equity$31.6B+43.3%
Total assets$123.97B+7.7%

Cash flow

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Operating cash flow$3.6B+81.4%
CapEx$40.0M-56.5%
Free cash flow$3.5B+88.1%

Valuation

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Market cap$59.62B+15.3%
Enterprise value$66.41B+12.6%
P/E4.9×-8.0×
P/S0.9×+0.1×

Profitability

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Net margin17.8%+11.6pp
FCF margin16.9%+3.2pp

Returns & leverage

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Return on equity45.2%+25.4pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by Allstate in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Allstate’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Allstate's protection services — income tax?
Allstate (ALL) reported protection services — income tax of $15M in Q1 2026.
How has Allstate's protection services — income tax changed year-over-year?
Allstate's protection services — income tax decreased by 11.8% year-over-year, from $17M to $15M.
What is the long-term trend for Allstate's protection services — income tax?
Over 4 years (2021 to 2025), Allstate's protection services — income tax has grown at a 13.6% compound annual growth rate (CAGR), from $39M to $65M.
What does protection services — income tax mean?
This metric reflects the portion of the company's total income tax provision specifically allocated to the Protection Services segment. It accounts for the tax impact of the segment's pre-tax earnings based on applicable statutory rates and tax adjustments. Investors use this to understand the segment's contribution to the company's overall tax burden and its effective tax rate.