The Allstate Corporation Net Assets
The Allstate Corporation net assets. Based on the latest financial reports, The Allstate Corporation (ALL) has net assets worth $33.68 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($124.76 Billion) and total liabilities ($91.08 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore ALL year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $33.68 Billion |
| % of Total Assets | 27.0% |
| Annual Growth Rate | 4.49% |
| 5-Year Change | 21.74% |
| 10-Year Change | 48.69% |
| Growth Volatility | 20.15 |
Net Assets of The Allstate Corporation (1992–2025)
Net assets of The Allstate Corporation from 1992 to 2025. This chart illustrates how The Allstate Corporation's net assets have evolved over time, based on quarterly financial data. See The Allstate Corporation (ALL) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for The Allstate Corporation (1992–2025)
The table below shows the annual net assets of The Allstate Corporation from 1992 to 2025. For live market cap and overall valuation, see The Allstate Corporation market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $30.59 Billion | +43.16% |
| 2024-12-31 | $21.37 Billion | +21.20% |
| 2023-12-31 | $17.63 Billion | +1.61% |
| 2022-12-31 | $17.35 Billion | -30.95% |
| 2021-12-31 | $25.13 Billion | -16.84% |
| 2020-12-31 | $30.22 Billion | +16.23% |
| 2019-12-31 | $26.00 Billion | +21.99% |
| 2018-12-31 | $21.31 Billion | -5.49% |
| 2017-12-31 | $22.55 Billion | +9.61% |
| 2016-12-31 | $20.57 Billion | +2.74% |
| 2015-12-31 | $20.02 Billion | -10.22% |
| 2014-12-31 | $22.30 Billion | +3.84% |
| 2013-12-31 | $21.48 Billion | +4.37% |
| 2012-12-31 | $20.58 Billion | +12.30% |
| 2011-12-31 | $18.33 Billion | -3.77% |
| 2010-12-31 | $19.04 Billion | +13.89% |
| 2009-12-31 | $16.72 Billion | +31.94% |
| 2008-12-31 | $12.67 Billion | -42.00% |
| 2007-12-31 | $21.85 Billion | +0.02% |
| 2006-12-31 | $21.85 Billion | +8.22% |
| 2005-12-31 | $20.19 Billion | -7.50% |
| 2004-12-31 | $21.82 Billion | +6.12% |
| 2003-12-31 | $20.57 Billion | +17.93% |
| 2002-12-31 | $17.44 Billion | +1.41% |
| 2001-12-31 | $17.20 Billion | -1.46% |
| 2000-12-31 | $17.45 Billion | +5.12% |
| 1999-12-31 | $16.60 Billion | -3.71% |
| 1998-12-31 | $17.24 Billion | +10.44% |
| 1997-12-31 | $15.61 Billion | +16.04% |
| 1996-12-31 | $13.45 Billion | +59.65% |
| 1994-12-31 | $8.43 Billion | -18.19% |
| 1993-12-31 | $10.30 Billion | +43.39% |
| 1992-12-31 | $7.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Allstate Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 873.8% over the analyzed period, indicating profitable operations and earnings retention.
The Allstate Corporation Net Assets Breakdown (December 2025)
The Allstate Corporation net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $62.39 Billion | 203.83% |
| Common Stock | $9.00 Million | 0.03% |
| Other Comprehensive Income | $255.00 Million | 0.83% |
| Total Equity | $30.61 Billion | 100.00% |
The Allstate Corporation Competitors by Market Cap
The table below lists competitors of The Allstate Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Engie S.A.
PA:ENGI
|
$66.21 Billion |
|
Energy Transfer LP
NYSE:ET
|
$66.55 Billion |
|
Apollo Global Management LLC Class A
NYSE:APO
|
$66.72 Billion |
|
Barclays PLC
F:BCY2
|
$66.81 Billion |
|
Republic Services Inc
NYSE:RSG
|
$65.70 Billion |
|
Atlas Copco AB Series A
ST:ATCO-A
|
$65.66 Billion |
|
Nippon Telegraph and Telephone Corporation
F:NLV
|
$65.14 Billion |
|
OVERSEA-CHIN.UNSP.ADR/2
F:OCBB
|
$65.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Allstate Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,367,000,000 to 30,610,000,000, a change of 9,243,000,000 (43.3%).
- Net income of 10,282,000,000 contributed positively to equity growth.
- Dividend payments of 1,153,000,000 reduced retained earnings.
- Share repurchases of 1,233,000,000 reduced equity.
- Other comprehensive income increased equity by 1,144,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $10.28 Billion | +33.59% |
| Dividends Paid | $1.15 Billion | -3.77% |
| Share Repurchases | $1.23 Billion | -4.03% |
| Other Comprehensive Income | $1.14 Billion | +3.74% |
| Other Changes | $203.00 Million | +0.66% |
| Total Change | $- | 43.26% |
Book Value vs Market Value Analysis
This analysis compares The Allstate Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.25x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 26.08x to 2.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | $9.96 | $259.87 | x |
| 1993-12-31 | $11.44 | $259.87 | x |
| 1994-12-31 | $9.37 | $259.87 | x |
| 1996-12-31 | $14.99 | $259.87 | x |
| 1997-12-31 | $17.88 | $259.87 | x |
| 1998-12-31 | $20.61 | $259.87 | x |
| 1999-12-31 | $20.65 | $259.87 | x |
| 2000-12-31 | $23.31 | $259.87 | x |
| 2001-12-31 | $23.77 | $259.87 | x |
| 2002-12-31 | $24.56 | $259.87 | x |
| 2003-12-31 | $29.12 | $259.87 | x |
| 2004-12-31 | $31.16 | $259.87 | x |
| 2005-12-31 | $30.25 | $259.87 | x |
| 2006-12-31 | $34.28 | $259.87 | x |
| 2007-12-31 | $36.62 | $259.87 | x |
| 2008-12-31 | $23.21 | $259.87 | x |
| 2009-12-31 | $30.91 | $259.87 | x |
| 2010-12-31 | $35.10 | $259.87 | x |
| 2011-12-31 | $35.03 | $259.87 | x |
| 2012-12-31 | $41.74 | $259.87 | x |
| 2013-12-31 | $45.67 | $259.87 | x |
| 2014-12-31 | $50.90 | $259.87 | x |
| 2015-12-31 | $49.23 | $259.87 | x |
| 2016-12-31 | $54.53 | $259.87 | x |
| 2017-12-31 | $61.31 | $259.87 | x |
| 2018-12-31 | $60.34 | $259.87 | x |
| 2019-12-31 | $77.96 | $259.87 | x |
| 2020-12-31 | $95.77 | $259.87 | x |
| 2021-12-31 | $84.01 | $259.87 | x |
| 2022-12-31 | $63.97 | $259.87 | x |
| 2023-12-31 | $67.16 | $259.87 | x |
| 2024-12-31 | $79.79 | $259.87 | x |
| 2025-12-31 | $115.64 | $259.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Allstate Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 33.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.47%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 3.91x
- Recent ROE (33.59%) is above the historical average (11.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | -11.50% | -4.08% | 0.39x | 7.25x | $-1.54 Billion |
| 1993 | 12.64% | 6.22% | 0.35x | 5.76x | $272.00 Million |
| 1994 | 5.74% | 2.25% | 0.35x | 7.28x | $-358.60 Million |
| 1996 | 14.15% | 8.28% | 0.31x | 5.54x | $558.80 Million |
| 1997 | 19.89% | 12.45% | 0.31x | 5.18x | $1.54 Billion |
| 1998 | 19.11% | 12.73% | 0.30x | 5.09x | $1.57 Billion |
| 1999 | 16.38% | 10.09% | 0.27x | 5.91x | $1.06 Billion |
| 2000 | 12.67% | 7.59% | 0.28x | 6.01x | $465.90 Million |
| 2001 | 6.73% | 4.01% | 0.26x | 6.35x | $-561.60 Million |
| 2002 | 6.50% | 3.83% | 0.25x | 6.73x | $-609.80 Million |
| 2003 | 13.15% | 8.41% | 0.24x | 6.52x | $648.50 Million |
| 2004 | 14.58% | 9.37% | 0.23x | 6.86x | $998.70 Million |
| 2005 | 8.74% | 4.99% | 0.23x | 7.73x | $-253.60 Million |
| 2006 | 22.86% | 13.95% | 0.23x | 7.21x | $2.81 Billion |
| 2007 | 21.22% | 12.61% | 0.24x | 7.16x | $2.45 Billion |
| 2008 | -13.25% | -5.71% | 0.22x | 10.64x | $-2.95 Billion |
| 2009 | 5.11% | 2.67% | 0.24x | 7.93x | $-818.10 Million |
| 2010 | 4.87% | 2.96% | 0.24x | 6.87x | $-976.40 Million |
| 2011 | 4.30% | 2.41% | 0.26x | 6.83x | $-1.04 Billion |
| 2012 | 11.21% | 6.92% | 0.26x | 6.17x | $248.00 Million |
| 2013 | 10.61% | 6.61% | 0.28x | 5.75x | $132.00 Million |
| 2014 | 12.78% | 8.09% | 0.32x | 4.87x | $619.60 Million |
| 2015 | 10.84% | 6.09% | 0.34x | 5.23x | $168.50 Million |
| 2016 | 9.12% | 5.14% | 0.34x | 5.28x | $-180.30 Million |
| 2017 | 14.14% | 8.28% | 0.34x | 4.99x | $933.90 Million |
| 2018 | 10.14% | 5.43% | 0.35x | 5.27x | $28.80 Million |
| 2019 | 18.64% | 10.85% | 0.37x | 4.61x | $2.25 Billion |
| 2020 | 18.45% | 12.45% | 0.36x | 4.17x | $2.55 Billion |
| 2021 | 20.53% | 10.20% | 0.51x | 3.96x | $2.65 Billion |
| 2022 | -7.86% | -2.65% | 0.52x | 5.65x | $-3.10 Billion |
| 2023 | -1.07% | -0.33% | 0.55x | 5.86x | $-1.95 Billion |
| 2024 | 21.84% | 7.35% | 0.57x | 5.22x | $2.53 Billion |
| 2025 | 33.59% | 15.47% | 0.55x | 3.91x | $7.22 Billion |
Industry Comparison
This section compares The Allstate Corporation's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $3,359,539,111
- Average return on equity (ROE) among peers: 12.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Allstate Corporation (ALL) | $33.68 Billion | -11.50% | 2.70x | $65.71 Billion |
| American Coastal Insurance Corp (ACIC) | $107.59 Million | 18.91% | 3.10x | $441.50 Million |
| American Financial Group, Inc. (AFG) | $2.65 Billion | 13.58% | 7.51x | $10.91 Billion |
| Aspen Insurance Holdings Ltd (AHL) | $3.24 Billion | 9.65% | 1.72x | $119.39 Million |
| American Integrity Insurance Group, Inc. (AII) | $162.39 Million | 24.47% | 6.38x | $386.34 Million |
| Assurant, Inc. (AIZ) | $3.66 Billion | 9.58% | 5.70x | $13.93 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $398.81 Million | 11.81% | 1.82x | $990.91 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $370.44 Million | 10.32% | 3.47x | $1.10 Billion |
| Chubb Ltd (CB) | $11.81 Billion | 8.70% | 4.29x | $132.63 Billion |
| Cincinnati Financial Corporation (CINF) | $7.83 Billion | 3.66% | 1.80x | $25.96 Billion |
About The Allstate Corporation
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in four segments: Allstate Protection; Run-off Property-Liability; Protection Services; and Corporate and Other. The company offers private passenger auto, homeowners, other personal lines and commercial insurance through exclusive age… Read more