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Allstate ALL Protection Services — Total

Other segment segments

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$51.04B-3.0%
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$603M+2.9%

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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:OperatingIncomeLoss.

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)For the years ended December 31, 2025For the years ended December 31, 2024For the years ended December 31, 2023
Restructuring and related charges426
Other segment expenses (2)786747640
Income taxes on operations657183
Total3,3293,0212,668
Allstate Health and Benefits
Accident, health and other policy benefits379991888
Amortization of DAC30119124
Restructuring and related charges26

Item 8. Financial Statements and Supplementary Data

FAQ

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.

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