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Allstate ALL Protection Services — Total

Other segment segments

Property Liability
$51.04B-3.0%
Corporate
$603M+2.9%

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$425K+325%
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LNCGroup Protection — Other
$53M+20.5%
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NVTSystems Protection — Total Assets
$3.5B+60.1%
BAL
BALYTechnology Services — Total
$58.91M—
UCT
UCTTServices — Total segment operating profit
$4.4M+57.1%

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:OperatingIncomeLoss.

The official record: Allstate’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Allstate's protection services — total?
Allstate (ALL) reported protection services — total of $832.25M in Q4 2025.
How has Allstate's protection services — total changed year-over-year?
Allstate's protection services — total increased by 10.2% year-over-year, from $755.25M to $832.25M.
What is the long-term trend for Allstate's protection services — total?
Over 3 years (2022 to 2025), Allstate's protection services — total has grown at a 12.0% compound annual growth rate (CAGR), from $2.37B to $3.33B.
What does protection services — total mean?
The aggregate sum of all expenses, costs, and charges attributed to the Protection Services segment during the reporting period. This encompasses claims, operating expenses, amortization, and other segment-specific outflows.