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Allstate Corporation (NYSE: ALL)

Insurance - Property & Casualty ยท Northbrook, IL, United States ยท Founded 1931

$45.0B
Market Cap
$0.41B
Revenue
54,000
Employees
$0.02B
Net Income
๐Ÿ“Š Key Statistics for Allstate Corporation (ALL)
  • Market capitalization: $45.0 billion
  • Annual revenue: $0.41 billion
  • Net income: $0.02 billion
  • Employees: 54,000
  • Sector: Financial Services
  • Headquarters: Northbrook, United States
  • Founded: 1931

Source: Statvoo company profile for Allstate Corporation. Browse all 500+ companies

๐Ÿ“‹ About Allstate Corporation

Allstate Corporation is one of the largest personal lines property and casualty insurers in the United States, providing auto, home, and life insurance primarily to individual consumers. The company's "You're in Good Hands" slogan is one of the most recognized taglines in American advertising. Allstate also operates Encompass, Esurance, and National General brands, covering multiple price points in the personal insurance market.

๐Ÿ’ฐ How Allstate Corporation Makes Money

Allstate earns revenue from insurance premiums on auto and homeowners policies, investment income, and fees from its Protection Plans business (extended warranties). The company distributes through exclusive agents, independent agents, and direct-to-consumer channels.

๐Ÿ“œ Key Milestones

Allstate was founded in 1931 by Sears, Roebuck and Co., with policies initially sold through Sears stores and catalogs. The company was spun off from Sears in 1993. Allstate's acquisition of National General in 2021 for $4 billion expanded its independent agent distribution channel, diversifying beyond its traditional exclusive agent model.

๐Ÿ“Š Financial Overview
Market Capitalization$45.0B
Annual Revenue$0.41B
Net Income$0.02B
Profit Margin5%
Revenue per Employee$7593K
Stock ExchangeNYSE
Ticker SymbolALL

Financial data is approximate and based on most recent annual filings.

๐Ÿ’ก Did You Know?

Allstate's Mayhem advertising character, played by actor Dean Winters, has become one of the most popular insurance mascots in America. The company insures roughly one in eight personal vehicles in the United States.

๐Ÿ“ Analyst Take

Allstate has navigated the auto insurance profitability crisis better than most peers, pushing through aggressive rate increases that are now flowing to the bottom line. The hard market in personal lines is a tailwind, and Allstate's scale gives it pricing power that smaller competitors lack.

โ“ Frequently Asked Questions

What is Allstate Corporation's revenue?

Allstate Corporation generates approximately $0.41 billion in annual revenue.

How many employees does Allstate Corporation have?

Allstate Corporation employs approximately 54,000 people worldwide.

What is Allstate Corporation's market cap?

Allstate Corporation (ALL) has a market capitalization of approximately $45.0 billion on the NYSE.

When was Allstate Corporation founded?

Allstate Corporation was founded in 1931 and is headquartered in Northbrook, IL, United States.

Who is the CEO of Allstate Corporation?

Tom Wilson is the current CEO of Allstate Corporation.

What is Allstate Corporation's website?

Allstate Corporation's official website is allstate.com.