Allstate (ALL) FY2012 results: revenue $33.3 billion, up 2.0% on the year
Allstate Corp. (ALL) reported revenue of $33.3 billion for fiscal 2012, the year ended 31 December 2012, up 2.0% on the year before. Net income was $2.3 billion, up 192.6%, and diluted earnings per share $4.68. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2013.
Revenue
$33.3 billion
+2.0% on the year
FY2007FY2012
Operating margin
9.9%
3.0% a year earlier
FY2007FY2012
Net income
$2.3 billion
+192.6% on the year
FY2007FY2012
Diluted EPS
$4.68
+209.9% on the year
FY2007FY2012
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Revenue
33,315
32,654
31,400
+2.0%
Operating income
3,288
975
1,115
+237.2%
Operating margin
9.9%
3.0%
3.6%
Interest expense
373
367
367
+1.6%
Income tax
1,000
172
189
+481.4%
Net income
2,306
788
911
+192.6%
Net margin
6.9%
2.4%
2.9%
Diluted EPS
$4.68
$1.51
$1.68
+209.9%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Operating cash flow
3,054
1,929
3,689
+58.3%
Capital expenditure
285
246
162
+15.9%
Free cash flow
2,769
1,683
3,527
+64.5%
Free cash flow margin
8.3%
5.2%
11.2%
Cash from investing
1,581
6,161
2,332
-74.3%
Cash from financing
-4,605
-7,876
-6,071
Depreciation and amortisation
388
252
94.0
+54.0%
Share-based compensation
86.0
64.0
68.0
+34.4%
Buybacks
913
953
152
-4.2%
Dividends paid
534
435
430
+22.8%
Dividend per share
$0.88
$0.84
$0.80
+4.8%
Diluted shares, weighted
493m
523m
542m
-5.8%
Shares outstanding at period end
479m
501m
533m
-4.4%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
20,580
18,298
18,617
+12.5%
Non-controlling interest
n/a
28.0
28.0
Debt
6,057
5,908
5,908
+2.5%
Other liabilities
100,310
100,959
105,947
-0.6%
Total liabilities and equity
126,947
125,193
130,500
+1.4%
Fixed assets
989
914
921
+8.2%
Goodwill
1,240
1,242
874
-0.2%
Investments
2,336
1,291
3,279
+80.9%
Cash and equivalents
806
776
562
+3.9%
Other assets
121,576
120,970
124,864
+0.5%
Total assets
126,947
125,193
130,500
+1.4%
10-K for the year ended 31 December 2012, filed 20 February 2013: the filing.