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Allstate ALL Deferred policy acquisition costs

Deferred policy acquisition costs at other companies

KIN
Kingstone CompaniesKINS
$27.58M+15.6%
Mercury General logo
Mercury GeneralMCY
$366.57M+8.9%
Progressive logo
ProgressivePGR
$2.21B+4.8%
The Travelers Companies logo
The Travelers CompaniesTRV
$3.71B+1.3%
Kemper logo
KemperKMPR
$675.8M+2.4%
Universal Insurance Holdings logo
Universal Insurance HoldingsUVE
$135.22M+8.0%

Segments

By segment

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Protection Services$3.23B+1.1%
Allstate Protection and Run-off Property-Liability$2.81B+5.6%

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:DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired.

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)June 30, 2026December 31, 2025
Corporate9,7747,503
All other193200
Consolidated$87,802$83,237
Deferred policy acquisition costs
Allstate Protection$2,806$2,803
Protection Services3,2323,274
All other10186
Consolidated$6,139$6,163

Item 1. Financial Statements

FAQ

What is Allstate's deferred policy acquisition costs?
Allstate (ALL) reported deferred policy acquisition costs of $6.14B in Q2 2026.
How has Allstate's deferred policy acquisition costs changed year-over-year?
Allstate's deferred policy acquisition costs increased by 3.5% year-over-year, from $5.93B to $6.14B.
What is the long-term trend for Allstate's deferred policy acquisition costs?
Over 5 years (2020 to 2025), Allstate's deferred policy acquisition costs has grown at a 10.3% compound annual growth rate (CAGR), from $3.78B to $6.16B.
What does deferred policy acquisition costs mean?
This represents the capitalized costs associated with acquiring new insurance policies, such as commissions and underwriting expenses, which are amortized over the life of the policy. It reflects the company's investment in customer acquisition and future revenue generation. Proper management of these costs is vital for maintaining underwriting profitability.

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