The Allstate Corporation (ALL) Key Metrics
ALL valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $62.68B
- Enterprise value
- $65.71B
- P/E (TTM)
- 5.0 10-yr median 9.4
- Forward P/E
- 8.3
- PEG ratio
- 1.69
- Price / sales
- 0.9 10-yr median 0.8
- Price / book
- 1.8 10-yr median 1.6
- EV / EBITDA
- — 10-yr median 9.4
- Dividend yield
- 1.74% $4.32 a year
- Beta
- 0.14
ALL key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsALL valuation Price multiples at each fiscal year-end price.
ALL returns How much profit the business earns on the capital it uses.
ALL per-share figures Results divided by the shares outstanding at year-end.
ALL financial health Debt, liquidity and how easily interest is covered.
ALL efficiency & capital use Working capital cycle and where the cash goes.
ALL valuation history
ALL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ALL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ALL cash returned to shareholders
ALL price vs earnings per share
ALL key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $55.10B | $51.63B | $36.74B | $36.77B | $35.19B | $34.68B | $37.50B | $29.18B | $38.51B | $27.97B |
| Enterprise value | $57.02B | $54.47B | $38.82B | $40.58B | $38.39B | $35.39B | $39.79B | $32.11B | $42.30B | $29.59B |
| P/E ratio | 5.4 | 11.1 | — | — | 6.8 | 6.2 | 7.7 | 13.5 | 12.1 | 14.9 |
| Price / sales | 0.8 | 0.8 | 0.6 | 0.7 | 0.7 | 0.8 | 0.8 | 0.7 | 1.0 | 0.8 |
| Price / book | 1.8 | 2.4 | 2.1 | 2.1 | 1.4 | 1.1 | 1.4 | 1.4 | 1.7 | 1.4 |
| Price / free cash flow | 5.6 | 5.9 | 9.3 | 7.8 | 7.4 | 6.7 | 8.0 | 6.0 | 9.6 | 7.6 |
| Price / operating cash flow | 5.4 | 5.8 | 8.7 | 7.2 | 6.9 | 6.3 | 7.3 | 5.6 | 8.9 | 7.0 |
| EV / sales | 0.9 | 0.9 | 0.7 | 0.8 | 0.8 | 0.8 | 0.9 | 0.8 | 1.1 | 0.8 |
| EV / EBITDA | 4.1 | 8.1 | 52.8 | — | 35.2 | 5.9 | 7.7 | 10.2 | 9.5 | 9.4 |
| EV / free cash flow | 5.8 | 6.2 | 9.8 | 8.6 | 8.0 | 6.8 | 8.5 | 6.6 | 10.5 | 8.0 |
| Earnings yield | 18.7% | 9.0% | −0.5% | −3.7% | 14.7% | 16.1% | 12.9% | 7.4% | 8.3% | 6.7% |
| Free cash flow yield | 17.9% | 16.9% | 10.8% | 12.8% | 13.6% | 14.9% | 12.5% | 16.8% | 10.4% | 13.2% |
| Dividend yield | 2.1% | 2.1% | 2.8% | 2.8% | 2.8% | 2.2% | 2.1% | 2.6% | 1.7% | 2.2% |
| Shareholder yield (dividends + buybacks) | 4.3% | 2.1% | 3.7% | 9.7% | 13.0% | 8.1% | 9.7% | 11.8% | 5.5% | 6.9% |
| Share price at fiscal year-end | $208.15 | $192.79 | $139.98 | $135.60 | $117.65 | $109.93 | $112.45 | $82.63 | $104.71 | $74.12 |
| Per share | ||||||||||
| Revenue per share | $251.08 | $237.17 | $215.58 | $189.57 | $169.13 | $141.97 | $133.96 | $112.73 | $104.74 | $96.83 |
| Earnings per share | $38.84 | $17.43 | −$0.72 | −$5.03 | $17.25 | $17.67 | $14.53 | $6.12 | $8.67 | $4.97 |
| Operating cash flow per share | $38.19 | $33.35 | $16.11 | $18.88 | $17.10 | $17.40 | $15.38 | $14.65 | $11.73 | $10.58 |
| Free cash flow per share | $37.33 | $32.57 | $15.09 | $17.33 | $15.95 | $16.43 | $14.08 | $13.87 | $10.92 | $9.75 |
| Cash per share | $21.02 | $19.57 | $22.35 | $18.10 | $15.95 | $22.56 | $13.78 | $9.98 | $6.96 | $12.52 |
| Book value per share | $115.64 | $79.79 | $67.16 | $63.97 | $84.01 | $95.77 | $77.96 | $60.34 | $61.31 | $54.53 |
| Tangible book value per share | $78.47 | $64.85 | $50.14 | $46.72 | $67.55 | $86.83 | $68.88 | $51.16 | $42.48 | $40.82 |
| Dividends per share | $4.36 | $4.03 | $3.93 | $3.80 | $3.34 | $2.46 | $2.36 | $2.12 | $1.74 | $1.60 |
| Capex per share | $0.86 | $0.78 | $1.02 | $1.55 | $1.15 | $0.98 | $1.30 | $0.78 | $0.81 | $0.83 |
| Debt per share | $28.30 | $30.19 | $30.26 | $32.13 | $26.67 | $24.80 | $20.63 | $18.27 | $17.27 | $16.82 |
| Shares outstanding | 264.7M | 267.8M | 262.5M | 271.2M | 299.1M | 315.5M | 333.5M | 353.2M | 367.8M | 377.3M |
| Change in shares outstanding | −1.2% | +2.0% | −3.2% | −9.3% | −5.2% | −5.4% | −5.6% | −4.0% | −2.5% | −7.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 39.6% | 23.9% | −1.1% | −6.4% | 18.6% | 19.8% | 20.5% | 9.8% | 14.8% | 9.2% |
| Return on invested capital (ROIC) | 36.2% | 20.9% | −1.3% | −5.9% | 1.9% | 16.0% | 15.3% | 8.5% | 13.1% | 8.4% |
| Return on assets (ROA) | 8.9% | 4.3% | −0.2% | −1.4% | 4.6% | 4.5% | 4.2% | 1.9% | 2.9% | 1.8% |
| Return on tangible assets | 9.4% | 4.3% | −0.2% | −1.5% | 5.5% | 4.5% | 4.1% | 2.0% | 3.0% | 1.8% |
| Free cash flow margin | 14.9% | 13.7% | 7.0% | 9.1% | 9.4% | 11.6% | 10.5% | 12.3% | 10.4% | 10.1% |
| Income quality (OCF / net income) | 0.98 | 1.91 | — | — | 0.99 | 0.98 | 1.06 | 2.40 | 1.35 | 2.13 |
| Financial health | ||||||||||
| Total debt | $7.49B | $8.09B | $7.94B | $8.71B | $7.98B | $7.83B | $6.88B | $6.45B | $6.35B | $6.35B |
| Cash & short-term investments | $5.57B | $5.24B | $5.87B | $4.91B | $4.77B | $7.12B | $4.59B | $3.53B | $2.56B | $4.72B |
| Net debt | $1.93B | $2.84B | $2.08B | $3.81B | $3.20B | $707.0M | $2.29B | $2.93B | $3.79B | $1.62B |
| Debt / equity | 0.24 | 0.38 | 0.45 | 0.50 | 0.32 | 0.26 | 0.26 | 0.30 | 0.28 | 0.31 |
| Debt / assets | 0.06 | 0.07 | 0.08 | 0.09 | 0.08 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
| Net debt / EBITDA | 0.14 | 0.42 | 2.82 | — | 2.93 | 0.12 | 0.44 | 0.93 | 0.85 | 0.52 |
| Current ratio | 0.37 | — | 0.59 | 30.13 | 0.69 | 0.71 | 2.93 | 0.11 | 0.10 | 0.13 |
| Quick ratio | 0.37 | — | 1.31 | 30.13 | 1.13 | 1.19 | 5.09 | 0.11 | 0.10 | 0.13 |
| Interest coverage | 33.0 | 14.4 | -0.9 | -5.5 | 2.2 | 18.5 | 15.4 | 7.9 | 11.9 | 9.3 |
| Working capital | −$44.69B | — | −$17.32B | $11.24B | −$10.29B | −$8.40B | $13.37B | −$74.81B | −$75.17B | −$71.37B |
| Invested capital | $32.53B | $24.21B | $19.71B | $21.16B | $28.33B | $30.92B | $28.29B | $24.24B | $26.34B | $22.20B |
| Tangible asset value | $20.75B | $17.37B | $13.16B | $12.67B | $20.20B | $27.39B | $22.97B | $18.07B | $15.62B | $15.40B |
| Net current asset value | −$62.92B | −$65.47B | −$61.01B | −$68.98B | −$51.15B | −$74.97B | −$73.67B | −$81.26B | −$81.52B | −$77.72B |
| Graham number | $317.91 | $176.88 | — | — | $180.56 | $195.15 | $159.66 | $91.12 | $109.37 | $78.12 |
| Graham net-net per share | −$257.24 | −$262.72 | −$308.29 | −$227.21 | −$210.78 | −$270.58 | −$255.02 | −$214.10 | −$207.39 | −$192.30 |
| Capital allocation | ||||||||||
| Dividends paid | $1.15B | $1.08B | $1.03B | $1.03B | $999.0M | $776.0M | $787.0M | $748.0M | $641.0M | $602.0M |
| Share buybacks (net) | $1.23B | $2.0M | $335.0M | $2.52B | $3.57B | $2.02B | $2.87B | $2.69B | $1.50B | $1.34B |
| Dividend payout ratio | 11.2% | 23.1% | — | — | 19.4% | 13.9% | 16.2% | 34.6% | 20.1% | 32.1% |
| Dividends + buybacks / free cash flow | 24.1% | 12.4% | 34.5% | 75.5% | 95.8% | 54.0% | 77.8% | 70.2% | 53.2% | 52.7% |
| Capex / revenue | 0.3% | 0.3% | 0.5% | 0.8% | 0.7% | 0.7% | 1.0% | 0.7% | 0.8% | 0.9% |
| Capex / operating cash flow | 2.3% | 2.4% | 6.3% | 8.2% | 6.7% | 5.6% | 8.4% | 5.4% | 6.9% | 7.8% |
| Capex / depreciation | 0.47 | 0.38 | 0.38 | 0.50 | 0.32 | 0.45 | 0.67 | 0.54 | 0.62 | 0.82 |
| Stock-based compensation / revenue | 0.2% | — | 0.2% | 0.2% | 0.3% | 0.3% | 0.3% | 0.3% | 0.2% | 0.1% |
| SG&A / revenue | 0.0% | 0.1% | 0.0% | 0.2% | 1.3% | 0.1% | 0.3% | 1.2% | 12.1% | 11.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 110.4 | 110.3 | 121.3 | 131.9 | 115.7 | 119.6 | 128.3 | 139.5 | 137.6 | 141.9 |
| Days of inventory on hand | — | — | -224.5 | — | -717.4 | -918.8 | -956.1 | — | — | — |
| Days payables outstanding | — | — | — | -125.6 | 1,079.2 | 498.6 | 451.2 | 423.7 | 495.8 | 536.7 |
| Cash conversion cycle (days) | — | — | — | 257.5 | -1,680.9 | -1,297.8 | -1,279.0 | -284.2 | -358.2 | -394.9 |
| Receivables turnover | 3.30 | 3.31 | 3.01 | 2.77 | 3.16 | 3.05 | 2.85 | 2.62 | 2.65 | 2.57 |
| Payables turnover | — | — | — | — | 0.34 | 0.73 | 0.81 | 0.86 | 0.74 | 0.68 |
| Asset turnover | 0.57 | 0.59 | 0.56 | 0.52 | 0.45 | 0.36 | 0.38 | 0.35 | 0.35 | 0.34 |
| Average receivables | $20.11B | $19.20B | $18.81B | $18.58B | $16.03B | $14.68B | $15.70B | $15.21B | $14.52B | $14.20B |
| Average payables | — | — | — | −$2.56B | $21.47B | $7.83B | $7.03B | $6.81B | $6.33B | $6.04B |
| Average inventory | — | — | −$30.40B | — | −$14.27B | −$14.43B | −$14.90B | — | $0 | $0 |
| Intangibles / total assets | 8.2% | 3.6% | 4.3% | 4.8% | 4.9% | 2.2% | 2.5% | 2.9% | 6.2% | 4.8% |
Computed from ALL's annual financial statements (latest annual report filed February 20, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ALL valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Allstate traded at 5.4 times earnings, against a 10-year median of 9.4. Based on the latest twelve months, the trailing P/E is 5.0 and the forward P/E is 8.3. Allstate earned a return on equity of 39.6% and a return on invested capital of 36.2% in fiscal 2025. It ended the year with $7.5 billion of debt and $5.6 billion in cash and short-term investments, net debt of $1.9 billion. It returned $2.4 billion to shareholders: $1.2 billion in dividends and $1.2 billion in share buybacks, 24% of free cash flow. The share count fell 29.8% from 377.3M to 264.7M over 9 years.
See the ALL income statement, the ALL chart for price history, or the ALL stock overview for the latest quote and news.
ALL key metrics FAQ
What is Allstate's P/E ratio?
Allstate's trailing P/E ratio is 5.0 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 8.3. At the end of fiscal 2025 it was 5.4, compared with a 10-year median of 9.4.
What is Allstate's EV/EBITDA?
Allstate's enterprise value was 4.1 times EBITDA at the end of fiscal 2025 (enterprise value $57.0 billion, EBITDA $14.0 billion).
What is Allstate's return on equity?
Allstate's return on equity (ROE) was 39.6% in fiscal 2025: net income of $10.3 billion on average shareholders' equity of $26.0 billion.
What is Allstate's ROIC?
Allstate's return on invested capital was 36.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Allstate have?
Allstate had total debt of $7.5 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.24 and $1.9 billion of net debt (0.14 times EBITDA).
What is Allstate's dividend yield?
Allstate's forward dividend yield is 1.74%. Allstate paid $1.2 billion in dividends in fiscal 2025 ($4.36 per share), a payout ratio of 11.2%.
Does Allstate buy back its shares?
Yes. Allstate spent $1.2 billion on net share repurchases in fiscal 2025 Shares outstanding changed −1.2% over the year, to 264.7M..
What is Allstate's free cash flow yield?
Allstate generated $9.9 billion of free cash flow in fiscal 2025, a free cash flow yield of 17.9% on its market value at year-end ($55.1 billion).
What is Allstate's current ratio?
Allstate's current ratio was 0.37 at the end of fiscal 2025: current assets were 0.37 times current liabilities.