OverviewSuggest Edit

Allstate is a company operating as a personal lines property and casualty insurer. It operates across 7 segments: Allstate Protection, Protection Services, 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 Protection Services 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.

TypePublic
Founded1931
HQNorthbrook, IL, US
Websiteallstate.com
Overall CultureC

Latest Updates

Employees (est.) (Dec 2020)41,860(-8%)
Job Openings1,176
Revenue (FY, 2020)$44.8 B
Share Price (May 2021)$132.3(+4%)
Cybersecurity ratingBMore

Key People/Management at Allstate

Tom Wilson

Tom Wilson

Chair, President and Chief Executive Officer, The Allstate Corporation
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
Show more

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
Show all (27)

Allstate Financials and Metrics

Allstate Revenue

Embed Graph
View revenue for all periods
Allstate's revenue was reported to be $44.79 b in FY, 2020
USD

Revenue (Q1, 2021)

12.5b

Net income (Q1, 2021)

(1.4b)

EBIT (Q1, 2021)

2.4b

Market capitalization (7-May-2021)

39.7b

Closing stock price (7-May-2021)

132.3

Cash (31-Mar-2021)

709.0m

EV

47.0b
Allstate's current market capitalization is $39.7 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

35.7b36.5b38.5b39.8b44.7b44.8b

Revenue growth, %

1%2%5%3%12%

Cost of goods sold

23.6b24.8b24.5b25.5b26.7b24.9b

Gross profit

12.1b11.7b14.0b14.3b18.0b19.9b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

8.9b9.2b9.2b9.4b9.6b9.7b9.8b10.1b10.5b11.0b11.1b11.1b10.1b11.2b11.5b12.5b

Cost of goods sold

6.3b6.5b6.2b6.1b6.4b6.2b5.8b6.4b6.5b6.5b7.0b13.3b

Gross profit

2.5b2.6b3.0b3.4b3.2b3.5b4.0b3.7b4.0b4.5b4.1b(2.2b)

Gross profit Margin, %

29%29%33%36%34%36%40%36%38%41%37%(20%)
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

2.2b1.9b3.2b2.3b4.8b5.6b

Depreciation and Amortization

371.0m382.0m483.0m511.0m647.0m686.0m

Cash From Operating Activities

3.6b4.0b4.3b5.2b5.1b5.5b

Purchases of PP&E

(303.0m)(313.0m)(299.0m)(277.0m)(433.0m)(308.0m)
USDFY, 2015

Debt/Equity

0.3 x

Financial Leverage

5.2 x
Show all financial metrics

Allstate Operating Metrics

FY, 2016FY, 2017Sep, 2018FY, 2018FY, 2019

Agencies

10.36 k10.43 k10.7 k10.8 k

In-Force Policies

145.9 m

Locations

10.2 k10.3 k10.6 k

Policies per Employee

700
Show all operating metrics

Allstate Acquisitions / Subsidiaries

Company NameDateDeal 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.
Show more

Allstate Revenue Breakdown

Embed Graph

Allstate revenue breakdown by business segment: 86.1% from Property-Liability and 13.9% from Other

Allstate Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

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

    C

    64/100

  • CEO Rating

    A-

    75/100

  • Compensation

    F

    33/100

Learn more on Comparably

Allstate News and Updates

Allstate Identity Protection Finds 17,000% Increase In Unemployment Fraud in 2020

NORTHBROOK, Ill., May 6, 2021 /PRNewswire/ -- The COVID-19 pandemic has forced Americans online at unprecedented levels, placing their personal identities and data at risk. Cybercriminals have reaped the benefits. Unemployment fraud skyrocketed more than 17,000% and tax fraud grew 258%...

Willful signs partnership with insurance giant Allstate following launch in Québec

Toronto-based Willful, which offers online will and estate planning, has launched a new national partnership with Allstate Insurance Company of Canada. The partnership will...

Cigna, Allstate And 3 Other Stock Buys With 5-Year Earnings Growth Above 10%

These stocks pass the "Old Faithful" screen with these criteria: return on stockholders’ equity of at least 15%; sell for 15 times earnings or less, 2 times book value or less, 2 times revenue per share or less; 10% earnings growth over the past five years; have debt less than stockholders’ equity.

Allstate expects to book $4 billion loss from exit of annuity, life businesses

Allstate expects to book $4 billion loss from exit of annuity, life businesses

Allstate expects to book $4 billion loss as it completes exit of life and annuity businesses

Insurer The Allstate Corp. said Monday it expects to book a net loss of about $4 billion as it completes the exit of its life and annuity businesses. Allstate is selling the Allstate Life Insurance Company of New York, or ALNY, to Wilton Re for $220 million. The deal is expected to close in the sec…

SparkCharge Partners With Allstate, Spiffy, Mark Cuban, and Others to Launch BoostEV, the World's First On-Demand Mobile EV Charging Network

BoostEV gains big partners in making electric vehicle ownership and charging more convenient.
Show more

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 41,860 employees.

  • What is Allstate revenue?

    Latest Allstate annual revenue is $44.8 b.

  • What is Allstate revenue per employee?

    Latest Allstate revenue per employee is $1.1 m.

  • Who are Allstate competitors?

    Competitors of Allstate include USAA, GEICO and Berkshire Hathaway.

  • 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.