ALL
The Allstate Corporation
ALL's fundamentals are mixed, but it looks cheap: trading at 6.0x earnings, below its usual 10x. Analysts expect earnings to hold roughly steady, though they disagree widely on how much.
ALL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
ALL's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like ALL.
ALL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 6x | $267 | — |
| Cheap | 6.2x | $274 | +2.6% |
| Forward | 9.1x | $267 | — |
| Fair | 10x | $450 | +69% |
| Expensive | 16x | $726 | +172% |
Historical ranges are pointers, not guarantees.
ALL's PE is in its cheap range at 6.0x. On analysts' estimates for next year's earnings, today's price would be 9.1x, in its fair range.
ALL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Stable | |
| Weakening | |
| Moderate | |
| Low |
Analysts expect ALL's profitability to weaken, with its earnings and revenue holding steady. However, they disagree widely on these estimates.
ALL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $29.22 | -34% |
| Q3 2026 | $44.16 | +43% |
| Q2 2026 | $50.08 | +135% |
| Q1 2026 | $45.33 | +210% |
| Q4 2025 | $38.19 | +125% |
| Q3 2025 | $30.89 | +100% |
| Q2 2025 | $21.27 | +94% |
| Q1 2025 | $14.64 | +223% |
| Q4 2024 | $16.99 | +$18.23 |
ALL's earnings per share have climbed steadily: $44.16 over the past year, up 43% from the year before, and higher year over year for 12 quarters in a row.
ALL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $17.3B | +0.5% |
| Q2 2026 | $18.6B | +12% |
| Q1 2026 | $16.9B | +3% |
| Q4 2025 | $17.3B | +5.1% |
| Q3 2025 | $17.3B | +3.8% |
| Q2 2025 | $16.6B | +5.8% |
| Q1 2025 | $16.5B | +7.8% |
| Q4 2024 | $16.5B | +11% |
ALL's revenue has grown year over year for 17 quarters in a row: $17.3B last quarter, about level with the same quarter a year ago.
ALL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +15% |
| Q2 2026 | $2.6B | +38% |
| Q1 2026 | $3.5B | +88% |
| Q4 2025 | $2.9B | +75% |
| Q3 2025 | $3.2B | +3.1% |
| Q2 2025 | $1.9B | -19% |
| Q1 2025 | $1.9B | +15% |
| Q4 2024 | $1.7B | +43% |
ALL's free cash flow was $12.7B over the past year, up 47% from the year before. Free cash flow isn't a meaningful measure for financial services companies like ALL.
ALL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.5% | -3.8M shares |
| 1 year | -4.2% | -11.1M shares |
| 3 years | -2.5% | -6.5M shares |
| 5 years | -14% | -42.6M shares |
| Available history | -23% | -78.2M shares |
ALL has 255M diluted shares, down 4.2% from a year ago, with $3.3B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.2B |
| Q2 2026 | $1.1B |
| Q1 2026 | $614M |
| Q4 2025 | $434M |
| Q3 2025 | $360M |
| Q2 2025 | $340M |
| Q1 2025 | $99M |
| Q4 2024 | $2M |
ALL spent $3.3B buying back its own shares over the past year, about four times what it spent the year before.
ALL Net Leverage
ALL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.7 | Neutral |
| Stochastic | 67.9 | Neutral |
ALL's weekly RSI is 63 (neutral) and its Stochastic is 68 (neutral).
ALL PE vs Financial Services Sector
| Metric | ALL | Sector median | Relative |
|---|---|---|---|
| PE | 6x | 13x | 54% below |
| PE % | 15 | 63 | 48 pts below |
ALL is trading at 6.0x earnings, a 54% discount to the Financial Services sector's median of 13x.
ALL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $245.4 | 8.7% above |
| 20 week MA | $252.3 | 5.7% above |
| 50 week MA | $227.0 | 17% above |
| 100 week MA | $213.2 | 25% above |
| 200 week MA | $179.8 | 48% above |
ALL is in an uptrend: it's above all five of its weekly moving averages, and 48% above its 200-week average.
ALL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $111.9 | $107.2 | -4.2% |
| 2021 | $107.2 | $114.1 | +6.5% |
| 2022 | $114.1 | $136.4 | +19% |
| 2023 | $136.4 | $140.0 | +2.6% |
| 2024 | $140.0 | $193.8 | +38% |
| 2025 | $193.8 | $207.8 | +7.2% |
| 2026 YTD | $207.8 | $266.7 | +28% |
ALL has finished higher in five of the last six years. It's up 28% so far in 2026.