Allstate (ALL) FY2022 results: revenue $51.4 billion, up 1.6% on the year
Allstate Corp. (ALL) reported revenue of $51.4 billion for fiscal 2022, the year ended 31 December 2022, up 1.6% on the year before. Net income was -$1.3 billion, and diluted earnings per share $-5.22. The figures are the company's own, from the 10-K it filed with the SEC on 16 February 2023.
Revenue
$51.4 billion
+1.6% on the year
FY2015FY2022
Operating margin
-3.6%
12.7% a year earlier
FY2015FY2022
Net income
-$1.3 billion
FY2015FY2022
Diluted EPS
-$5.22
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ 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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
5,121
5,116
5,491
+0.1%
Capital expenditure
420
345
308
+21.7%
Free cash flow
4,701
4,771
5,183
-1.5%
Free cash flow margin
9.1%
9.4%
12.4%
Cash from investing
-1,728
510
-3,441
Cash from financing
-3,420
-5,240
-2,011
Depreciation and amortisation
847
1,086
686
-22.0%
Share-based compensation
93.0
120
124
-22.5%
Buybacks
2,520
3,120
1,737
-19.2%
Dividends paid
926
885
668
+4.6%
Dividend per share
$3.40
$3.24
$2.16
+4.9%
Diluted shares, weighted
271m
299m
316m
-9.3%
Shares outstanding at period end
263m
281m
304m
-6.4%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
17,475
24,944
30,217
-29.9%
Non-controlling interest
-125
-52.0
0.0
Debt
7,964
7,976
7,825
-0.2%
Other liabilities
72,643
66,572
87,945
+9.1%
Total liabilities and equity
97,957
99,440
125,987
-1.5%
Fixed assets
987
939
1,057
+5.1%
Goodwill
3,502
3,502
2,369
0.0%
Intangible assets
1,005
n/a
n/a
Investments
4,173
4,009
7,800
+4.1%
Cash and equivalents
736
763
311
-3.5%
Other assets
87,554
90,227
114,450
-3.0%
Total assets
97,957
99,440
125,987
-1.5%
10-K for the year ended 31 December 2022, filed 16 February 2023: the filing.