OverviewSuggest Edit

Allstate is a company operating as a personal lines property and casualty insurer. It operates across five segments: Allstate Protection, Protection Services, Allstate Health and Benefits, Run-off Property-Liability, and Corporate and Other. The Allstate Protection segment offers private passenger auto, homeowners, other personal lines and commercial insurance through agents, contact centers, and online. The Protection Services segment includes Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity and Allstate Identity Protection. The Allstate Health and Benefits segment offers voluntary benefits and individual life and health products, including life, accident, critical illness, short-term disability, and other health insurance products. The Run-off Property-Liability segment relates to property and casualty insurance policies written during the 1960s through the mid-1980s 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.

TypePublic
Founded1931
HQNorthbrook, IL, US
Websiteallstate.com
Employee Ratings3.5
Overall CultureB-

Latest Updates

Employees (est.) (Dec 2021)54,300(+30%)
Job Openings699
Revenue (FY, 2021)$50.6 B(+13%)
Share Price (May 2022)$128.2
Cybersecurity ratingBMore
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Key People/Management at Allstate

Tom Wilson

Tom Wilson

President and Chief Executive Officer, Director
Julie Parsons

Julie Parsons

Chief Operating Officer, Personal Property-Liability
John Dugenske

John Dugenske

President, Investments and Financial Products
Glenn Shapiro

Glenn Shapiro

President, Personal Property-Liability
Mario Rizzo

Mario Rizzo

Executive Vice President and Chief Financial Officer
Steven P. Sorenson

Steven P. Sorenson

Executive Vice President, Corporate Business Transformation
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Allstate Office Locations

Allstate has an office in Northbrook
Northbrook, IL, US (HQ)
2775 Sanders Rd
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Allstate Financials and Metrics

Allstate Revenue

Allstate's revenue was reported to be $50.59 b in FY, 2021 which is a 12.9% increase from the previous period.
USD

Revenue (FY, 2021)

50.6b

Revenue growth (FY, 2020 - FY, 2021), %

12.9%

Net income (FY, 2021)

5.2b

Market capitalization (13-May-2022)

36.7b

Closing stock price (13-May-2022)

128.2

Cash (31-Dec-2021)

763.0m

EV

44.0b
Allstate's current market capitalization is $36.7 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

39.8b44.7b44.8b50.6b

Revenue growth, %

3%12%0%13%

Cost of goods sold

25.5b26.7b25.8b

Gross profit

14.3b18.0b19.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

11.0b11.1b11.1b10.1b11.2b11.5b12.5b

Cost of goods sold

6.5b7.0b6.7b6.2b6.7b6.9b6.3b

Gross profit

4.5b4.1b(2.2b)3.9b4.5b4.6b6.2b

Gross profit Margin, %

41%37%(20%)39%41%40%50%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

338.0m377.0m763.0m

Accounts Receivable

6.5b6.5b8.4b

PP&E

1.1b1.1b939.0m

Goodwill

2.5b2.5b3.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

551.0m599.0m587.0m338.0m547.0m370.0m709.0m656.0m690.0m

Accounts Receivable

6.2b6.4b6.6b6.4b6.4b6.6b7.9b8.1b8.4b

PP&E

1.0b1.1b1.1b1.1b1.1b1.1b1.0b1.0b965.0m

Goodwill

2.5b2.5b2.5b2.5b2.5b2.5b3.4b3.3b3.4b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

4.8b5.6b1.6b

Depreciation and Amortization

647.0m686.0m1.1b

Cash From Operating Activities

5.1b5.5b5.1b

Purchases of PP&E

(433.0m)(308.0m)(345.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

1.3b2.1b3.1b549.0m1.8b3.0b(1.4b)244.0m775.0m

Depreciation and Amortization

157.0m317.0m476.0m155.0m318.0m500.0m260.0m571.0m818.0m

Cash From Operating Activities

714.0m2.1b3.9b1.0b2.9b4.2b1.4b2.9b4.2b

Purchases of PP&E

(80.0m)(173.0m)(293.0m)(65.0m)(166.0m)(235.0m)(61.0m)(197.0m)(286.0m)
USDFY, 2018

Revenue/Employee

882.0k
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Allstate Operating Metrics

FY, 2018FY, 2019FY, 2020

Agencies

10.7 k10.8 k10.4 k

In-Force Policies

113.9 m145.9 m175.9 m

Locations

10.6 k10.7 k10.3 k

Partners (Independent Agencies)

2.7 k3.4 k5.2 k
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Allstate Acquisitions / Subsidiaries

Company NameDateDeal Size
National General Holdings Corp.January 04, 2021$4 b
iCracked Inc.February 12, 2019
PlumChoice, Inc.November 30, 2018$30 m
InfoArmor, Inc.October 05, 2018$525 m
SquareTradeGo, Inc.January 03, 2017$1.4 b
EsuranceMay 18, 2011
White Mountains Insurance GroupMay 18, 2011
American Heritage Life Investment CorporationNovember 01, 1999
1100 Compton, LLC
ABC Agency Network, Inc.
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Allstate Revenue Breakdown

Embed Graph

Allstate revenue breakdown by business segment: 90.7% from Property-Liability and 9.3% from Other

Human Capital Metrics

Allstate's employees are reported to be approximately 57% female and 43% male.
Embed Graph
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Allstate Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Allstate Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Allstate Online and Social Media Presence

Embed Graph

Allstate Company Culture

  • Overall Culture

    B-

    69/100

  • CEO Rating

    B

    72/100

  • Compensation

    C+

    64/100

  • Diversity

    B

    70/100

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Allstate News and Updates

The Allstate Corporation Announces Availability of First Quarter 2022 Results

NORTHBROOK, Ill., May 4, 2022 – The Allstate Corporation (NYSE: ALL) has filed a Form 8-K reporting its financial results…

Allstate Addresses Inflation with Multifaceted Plan

NORTHBROOK, Ill., May 4, 2022 – The Allstate Corporation (NYSE: ALL) today reported financial results for the first quarter of…

Allstate Announces March 2022 and First Quarter 2022 Catastrophe Losses, Prior Year Reserve Reestimates and Implemented Auto Rates

NORTHBROOK, Ill., April 21, 2022 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of March…

Allstate Announces Retirement of Vice Chair, Don Civgin and Senior Leadership Change

NORTHBROOK, Ill., April 11, 2022 – After a distinguished 13-year career at Allstate, Don Civgin, Vice Chair and CEO, Protection Products…

Evercore ISI downgrades Allstate as increase in work commuting raises costs for auto insurers

Allstate was previously Evercore's highest-rated stock in its peer group.

Allstate And 3 Other Stocks Show Value Plus Growth

Sometimes you can find both growth and value in a single stock. Here are four worth considering.
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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 Dugenske.

  • How many employees does Allstate have?

    Allstate has 54,300 employees.

  • What is Allstate revenue?

    Latest Allstate annual revenue is $50.6 b.

  • What is Allstate revenue per employee?

    Latest Allstate revenue per employee is $931.6 k.

  • Who are Allstate competitors?

    Competitors of Allstate include CNP Assurances, USAA and GEICO.

  • Where is Allstate headquarters?

    Allstate headquarters is located at 2775 Sanders Rd, Northbrook.

  • Where are Allstate offices?

    Allstate has an office in Northbrook.

  • How many offices does Allstate have?

    Allstate has 1 office.