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The Allstate Corporation (ALL) investor relations material
The Allstate Corporation Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue was $17.348B, up 0.5% YoY; net income was $2.050B and adjusted net income was $2.493B, or $9.76 per diluted share.
Property-Liability policies in force grew 3.3% YoY; total policies in force reached 217.6M, up 3.9%.
Q3 net income fell amid higher catastrophe losses, investment losses and prior-year business-sale gains; Transformative Growth emphasizes market-share gains, customer value, technology and AI.
Financial highlights
Total revenue was $17.348B, up 0.5% YoY; Property-Liability net premiums written rose 2.5% to $16.020B.
Net income applicable to common shareholders fell 44.8% to $2.050B; adjusted net income declined 16.2% to $2.493B.
Net investment income rose 24.0% to $1.177B; Q3 net investment and derivative losses were $545M versus $252M of gains a year earlier.
Nine-month common net income rose to $7.72B from $6.36B; revenue increased 5.1% to $52.89B.
Outlook and guidance
Priorities include growing personal Property-Liability market share, expanding Protection Services and delivering shareholder value through Transformative Growth.
ALLIE agentic assistant capabilities are planned for early 2027; timing and market development remain uncertain.
Replica acquisition is expected to close before year-end 2026, subject to customary conditions; rate adjustments will be made where needed to keep pace with costs.
Technology investments are expected to enable legacy-system retirements and cost savings over the next few years while maintaining expense-reduction commitments.
- Q4 returned to $1.460B net income as underwriting improved and mild weather eased catastrophe losses.ALL
Q4 2023 - Q2 revenue up 11.8% to $18.6B, net income $3.24B, strong underwriting and capital returns.ALL
Q2 2026 - All proposals except the ESG/DEI report passed, with strong financial and strategic updates shared.ALL
AGM 2026 - Net income surged to $2.43B on 3% revenue growth and improved combined ratios.ALL
Q1 2026 - 2025 saw robust growth, strong returns, and continued governance and compensation best practices.ALL
Proxy filing - Director elections, pay, auditor ratification, and ESG/DEI metrics in pay are up for vote.ALL
Proxy filing - 2025 saw robust growth, cost savings, tech-driven expansion, and improved affordability.ALL
47th Annual Raymond James Institutional Investor Conference - Q3 2025 delivered strong profit growth, improved underwriting, and robust capital returns.ALL
Q3 2025 - Q3 net income hit $1.2B on 14.7% revenue growth, with a $2B business sale pending.ALL
Q3 2024
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Frequently asked questions
A shield against uncertainty
Allstate Corporation is a well-known American insurance company founded in 1931 and headquartered in Northbrook, Illinois. It is one of the largest personal lines insurers in the world, providing various types of insurance products and services to individuals, families, and businesses.
Offering more than insurances
Allstate operates primarily in the property and casualty insurance sector, offering a wide range of insurance products including auto, home, renters, condo, motorcycle, boat, business, and life insurance. The company employs a multi-channel distribution strategy, selling its products through various channels, including exclusive agencies, independent agencies, and direct channels such as the internet and call centers. Allstate is also involved in investment management and offers retirement and investment products.
Allstate's unique agency distribution model involves exclusive agents who are independent contractors representing the company. These agents offer personalized service and build long-term relationships with customers, providing advice and support throughout the insurance process.
The company prides itself on its claims service, aiming to provide a seamless and efficient experience for customers during difficult times. The company has a network of claims professionals who handle claims promptly and strive to settle them fairly and accurately.
Three listed peers to Allstate are: State Farm, Progressive Corporation, and Travelers Companies Inc.
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