OverviewSuggest Edit
Allstate is a company operating as a personal lines property and casualty insurer. It operates across 7 segments: Allstate Protection, Service Businesses, Allstate Life, Allstate Benefits, Allstate Annuities, Discontinued Lines and Coverages, and Corporate and Other. The Allstate Protection segment offers private passenger auto, homeowners, other personal lines, and commercial insurance through agencies, contact centers, and online. The Service Businesses segment includes Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside Services, Arity, and Allstate Identity Protection. The Allstate Life segment provides traditional, interest-sensitive, and variable life insurance products. The Allstate Benefits segment offers voluntary benefits products, including life, accident, critical illness, short-term disability, and other health insurance products. The Allstate Annuities segment consists of deferred fixed annuities and immediate fixed annuities (including standard and sub-standard structured settlements) in run-off. The Discontinued Lines and Coverages relates to property and casualty insurance policies written during the 1960's through the mid-1980's with exposure to asbestos, environmental, and other claims in run-off. The Corporate and Other segment includes holding company activities and certain non-insurance operations.
| Type | Public | |
| Founded | 1931 | |
| HQ | Northbrook, IL, US | Map |
| Website | allstate.com | |
| Overall Culture | C | More |
Key People/Management at Allstate
Tom Wilson
Chair, President and Chief Executive Officer, The Allstate Corporation
Julie Parsons
Chief Operating Officer, Personal Property-Liability
John O'Donnell
President, Western Territory
John Dugenske
President, Investments and Financial Products
Mary Jane Fortin
President, Financial Products
Glenn Shapiro
President, Personal Property-Liability
Allstate Office Locations
Allstate has offices in Northbrook, Naperville, San Francisco, Atlanta and in 23 other locations
Northbrook, IL, US (HQ)
2775 Sanders Rd
Naperville, IL, US
2012 Corporate Ln #108
San Francisco, CA, US
San Francisco
Allstate Financials and Metrics
Allstate Revenue
Allstate's revenue was reported to be $44.68 b in FY, 2019 which is a 12.2% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2020) | 11.5b |
Net income (Q3, 2020) | 1.2b |
Market capitalization (19-Feb-2021) | 31.5b |
Closing stock price (19-Feb-2021) | 103.4 |
Cash (30-Sept-2020) | 370.0m |
EV | 37.7b |
Allstate's current market capitalization is $31.5 b.
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 8.9b | 9.2b | 9.2b | 9.4b | 9.6b | 9.7b | 9.8b | 10.1b | 10.5b | 11.0b | 11.1b | 11.1b | 10.1b | 11.2b | 11.5b |
Cost of goods sold | 6.3b | 6.5b | 6.2b | 6.1b | 6.4b | 6.2b | 5.8b | 6.4b | 6.5b | 6.5b | 7.0b | 13.3b | |||
Gross profit | 2.5b | 2.6b | 3.0b | 3.4b | 3.2b | 3.5b | 4.0b | 3.7b | 4.0b | 4.5b | 4.1b | (2.2b) | |||
Gross profit Margin, % | 29% | 29% | 33% | 36% | 34% | 36% | 40% | 36% | 38% | 41% | 37% | (20%) |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 531.0m | 446.0m | 389.0m | 442.0m | 482.0m | 690.0m | 450.0m | 489.0m | 460.0m | 551.0m | 599.0m | 587.0m | 338.0m | 547.0m | 370.0m |
PP&E | 1.0b | 1.0b | 1.0b | 1.1b | 1.1b | 1.1b | 1.1b | 1.0b | 1.0b | 1.0b | 1.1b | 1.1b | 1.1b | 1.1b | 1.1b |
Goodwill | 1.2b | 1.2b | 1.2b | 2.3b | 2.3b | 2.3b | 2.2b | 2.2b | 2.2b | 2.5b | 2.5b | 2.5b | 2.5b | 2.5b | 2.5b |
Total Assets | 105.9b | 107.3b | 108.5b | 110.2b | 110.9b | 113.6b | 113.3b | 113.4b | 114.5b | 115.8b | 118.4b | 121.1b | 116.1b | 121.3b | 122.8b |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2019 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 246.0m | 517.0m | 1.0b | 695.0m | 1.3b | 1.9b | 975.0m | 1.7b | 2.5b | 1.3b | 2.1b | 3.1b | 549.0m | 1.8b | 3.0b |
Depreciation and Amortization | 91.0m | 188.0m | 285.0m | 119.0m | 238.0m | 358.0m | 122.0m | 248.0m | 376.0m | 157.0m | 317.0m | 476.0m | 183.0m | 318.0m | 588.0m |
Cash From Operating Activities | 714.0m | 1.4b | 2.7b | 857.0m | 1.3b | 3.2b | 626.0m | 2.1b | 3.8b | 714.0m | 2.1b | 3.9b | 1.0b | 2.9b | 4.2b |
Purchases of PP&E | (52.0m) | (120.0m) | (190.0m) | (74.0m) | (146.0m) | (216.0m) | (62.0m) | (128.0m) | (195.0m) | (80.0m) | (173.0m) | (293.0m) | (65.0m) | (166.0m) | (235.0m) |
| USD | FY, 2015 |
|---|---|
Debt/Equity | 0.3 x |
Financial Leverage | 5.2 x |
Allstate Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| AIMCO Private Fund I Holding, LLC | ||
| AIMCO Private Fund II, LLC | ||
| AIMCO Private Fund I, LLC | ||
| ALIC Reinsurance Company | ||
| ALINV Mosaic, LLC | ||
| Allstate Assignment Company | ||
| Allstate Assurance Company | ||
| Allstate County Mutual Insurance Company | ||
| Allstate Digital Ventures, LLC | ||
| Allstate Distributors, L.L.C. |
Allstate Revenue Breakdown
Allstate revenue breakdown by business segment: 86.1% from Property-Liability and 13.9% from Other
Allstate Cybersecurity Score
Allstate Environment, Social & Governance (ESG) Ratings
Allstate Online and Social Media Presence
85.55k Twitter followers
Allstate has 85.55k Twitter Followers. The number of followers has decreased 0.2% month over month and decreased 0.4% quarter over quarter
Allstate's Trends
Twitter Engagement Stats for @Allstate
33.8k
Tweets
4.7k
Following
85.5k
Followers
460
Tweets last 30 days
0.5
Avg. likes per Tweet
16.7%
Tweets with engagement
Allstate Company Culture
Overall Culture
C
64/100
CEO Rating
A-
75/100
Compensation
F
33/100
Allstate News and Updates
January 26, 2021
Blackstone to Buy an Allstate Life Insurance Business for $2.8 Billion
Blackstone to Buy an Allstate Life Insurance Business for $2.8 Billion
January 20, 2021
The Good And Bad: Allstate Corp & Avient Corp
See two of the featured stocks from this month’s model portfolios.
October 01, 2020
Allstate and Lyft Partner to Protect Drivers in Eight States
NORTHBROOK, Ill., Oct. 1, 2020 /PRNewswire/ -- Allstate Insurance Company (NYSE: ALL) has been selected to provide commercial auto coverage to Lyft in California, Iowa, Indiana, Kansas, Kentucky, Missouri, Ohio and West Virginia, effective today, October 1. "Peoples' needs change quickly...
September 30, 2020
Allstate to lay off employees, close offices in restructuring plan
Allstate Corp. will lay off employees and close offices in a restructuring plan expected to cost the company nearly $300 million, mostly incurred in the third quarter. The goal is to increase Allstate's share in the personal property and liability market "by expanding customer access, improving cus…
July 08, 2020
National General shares surge 65% on news of $4 billion acquisition by Allstate
National General shares surge 65% on news of $4 billion acquisition by Allstate
July 08, 2020
The Wall Street Journal: Allstate to buy rival insurer National General for $4 billion
U.S. insurance giant Allstate Corp. said it has agreed to acquire peer National General Holdings Corp. for about $4 billion in cash, expanding its reach in the personal property-liability business.
Allstate Frequently Asked Questions
When was Allstate founded?
Allstate was founded in 1931.
Who are Allstate key executives?
Allstate's key executives are Tom Wilson, Julie Parsons and John O'Donnell.
How many employees does Allstate have?
Allstate has 45,780 employees.
What is Allstate revenue?
Latest Allstate annual revenue is $44.7 b.
What is Allstate revenue per employee?
Latest Allstate revenue per employee is $975.9 k.
Who are Allstate competitors?
Competitors of Allstate include Progressive Insurance, Travelers Insurance and Liberty Mutual Insurance.
Where is Allstate headquarters?
Allstate headquarters is located at 2775 Sanders Rd, Northbrook.
Where are Allstate offices?
Allstate has offices in Northbrook, Naperville, San Francisco, Atlanta and in 23 other locations.
How many offices does Allstate have?
Allstate has 27 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies