Allstate (ALL) FY2015 results: revenue $35.7 billion, up 1.2% on the year
Allstate Corp. (ALL) reported revenue of $35.7 billion for fiscal 2015, the year ended 31 December 2015, up 1.2% on the year before. Net income was $2.2 billion, down 23.8%, and diluted earnings per share $5.05. The figures are the company's own, from the 10-K it filed with the SEC on 19 February 2016.
Revenue
$35.7 billion
+1.2% on the year
FY2008FY2015
Operating margin
9.2%
12.2% a year earlier
FY2008FY2015
Net income
$2.2 billion
-23.8% on the year
FY2008FY2015
Diluted EPS
$5.05
-19.5% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
35,653
35,239
34,507
+1.2%
Operating income
3,279
4,310
4,084
-23.9%
Operating margin
9.2%
12.2%
11.8%
Interest expense
292
322
367
-9.3%
Income tax
1,111
1,386
1,116
-19.8%
Net income
2,171
2,850
2,280
-23.8%
Net margin
6.1%
8.1%
6.6%
Diluted EPS
$5.05
$6.27
$4.81
-19.5%
$ 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
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
3,616
3,236
4,242
+11.7%
Capital expenditure
303
288
207
+5.2%
Free cash flow
3,313
2,948
4,035
+12.4%
Free cash flow margin
9.3%
8.4%
11.7%
Cash from investing
742
1,621
1,580
-54.2%
Cash from financing
-4,520
-4,875
-5,953
Depreciation and amortisation
371
366
368
+1.4%
Share-based compensation
81.0
88.0
93.0
-8.0%
Buybacks
2,808
2,301
1,834
+22.0%
Dividends paid
483
477
352
+1.3%
Dividend per share
$1.20
$1.12
$1.00
+7.1%
Diluted shares, weighted
407m
438m
470m
-7.2%
Shares outstanding at period end
381m
418m
449m
-8.9%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
20,025
22,304
21,480
-10.2%
Debt
5,124
5,140
6,201
-0.3%
Other liabilities
79,507
81,089
95,839
-2.0%
Total liabilities and equity
104,656
108,533
123,520
-3.6%
Fixed assets
1,024
1,031
1,024
-0.7%
Goodwill
1,219
1,219
1,243
0.0%
Investments
2,122
2,540
2,393
-16.5%
Cash and equivalents
495
657
675
-24.7%
Other assets
99,796
103,086
118,185
-3.2%
Total assets
104,656
108,533
123,520
-3.6%
10-K for the year ended 31 December 2015, filed 19 February 2016: the filing.