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Allstate ALL Protection Services — Premium revenue and contract charges

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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 all:SupplementaryInsuranceInformationPremiumRevenueAndContractCharges.

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) / SegmentAs of December 31, / DeferredpolicyacquisitioncostsAs of December 31, / Reserves for claims and claims expense, contract benefits and contractholder fundsAs of December 31, / Unearned premiumsFor the years ended December 31, / Premium revenue and contract chargesFor the years ended December 31, / Net investment incomeFor the years ended December 31, / Claims and claims expense and accident, health and other policy benefitsFor the years ended December 31, / Amortization of deferred policy acquisition costsFor the years ended December 31, / Other operating costs and expensesFor the years ended December 31, / Premiums written (excluding life)
Allstate Protection$2,803$39,153$23,464$57,682$36,626$7,003$7,410$59,546
Run-off Property-Liability1,8521513
Allstate Protection and Run-off Property-Liability net investment income (2)$3,157
Protection Services (1)3,274745,6052,958996991,3281,2733,006
Allstate Health and Benefits4902437930214187
Corporate160512
All other8627111456927728336678
Intersegment Eliminations (1)(137)(22)(115)

Item 16. Form 10-K Summary

FAQ

What is Allstate's protection services — premium revenue and contract charges?
Allstate (ALL) reported protection services — premium revenue and contract charges of $739.5M in Q4 2025.
How has Allstate's protection services — premium revenue and contract charges changed year-over-year?
Allstate's protection services — premium revenue and contract charges increased by 9.5% year-over-year, from $675.5M to $739.5M.
What is the long-term trend for Allstate's protection services — premium revenue and contract charges?
Over 4 years (2021 to 2025), Allstate's protection services — premium revenue and contract charges has grown at a 11.1% compound annual growth rate (CAGR), from $1.94B to $2.96B.
What does protection services — premium revenue and contract charges mean?
The revenue recognized by the Protection Services segment from insurance premiums and service fees earned during the period. This represents the core top-line performance of the segment's underwriting and service activities.

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