Allstate (ALL) FY2017 results: revenue $39.4 billion, up 5.4% on the year
Allstate Corp. (ALL) reported revenue of $39.4 billion for fiscal 2017, the year ended 31 December 2017, up 5.4% on the year before. Net income was $3.6 billion, up 96.6%, and diluted earnings per share $9.35. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2018.
Revenue
$39.4 billion
+5.4% on the year
FY2010FY2017
Operating margin
11.5%
7.1% a year earlier
FY2010FY2017
Net income
$3.6 billion
+96.6% on the year
FY2010FY2017
Diluted EPS
$9.35
+100.2% on the year
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
39,407
37,399
35,653
+5.4%
Operating income
4,529
2,645
3,279
+71.2%
Operating margin
11.5%
7.1%
9.2%
Interest expense
335
295
292
+13.6%
Income tax
995
842
1,111
+18.2%
Net income
3,554
1,808
2,171
+96.6%
Net margin
9.0%
4.8%
6.1%
Diluted EPS
$9.35
$4.67
$5.05
+100.2%
$ 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
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
4,314
3,993
3,616
+8.0%
Capital expenditure
299
313
303
-4.5%
Free cash flow
4,015
3,680
3,313
+9.1%
Free cash flow margin
10.2%
9.8%
9.3%
Cash from investing
-1,210
-2,526
742
Cash from financing
-2,923
-1,526
-4,520
Depreciation and amortisation
483
382
371
+26.4%
Share-based compensation
106
80.0
81.0
+32.5%
Buybacks
1,495
1,337
2,808
+11.8%
Dividends paid
525
486
483
+8.0%
Dividend per share
$1.48
$1.32
$1.20
+12.1%
Diluted shares, weighted
368m
377m
407m
-2.5%
Shares outstanding at period end
355m
366m
381m
-3.0%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
22,551
20,573
20,025
+9.6%
Debt
6,350
6,347
5,124
+0.0%
Other liabilities
83,521
81,690
79,507
+2.2%
Total liabilities and equity
112,422
108,610
104,656
+3.5%
Fixed assets
1,072
1,065
1,024
+0.7%
Goodwill
2,181
1,219
1,219
+78.9%
Investments
1,944
4,288
2,122
-54.7%
Cash and equivalents
617
436
495
+41.5%
Other assets
106,608
101,602
99,796
+4.9%
Total assets
112,422
108,610
104,656
+3.5%
10-K for the year ended 31 December 2017, filed 26 February 2018: the filing.