Allstate (ALL) FY2024 results: revenue $64.1 billion, up 12.3% on the year
Allstate Corp. (ALL) reported revenue of $64.1 billion for fiscal 2024, the year ended 31 December 2024, up 12.3% on the year before. Net income was $4.7 billion, and diluted earnings per share $16.99. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2025.
Revenue
$64.1 billion
+12.3% on the year
FY2017FY2024
Operating margin
9.0%
-0.6% a year earlier
FY2017FY2024
Net income
$4.7 billion
FY2017FY2024
Diluted EPS
$16.99
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
8,931
4,228
5,121
+111.2%
Capital expenditure
210
267
420
-21.3%
Free cash flow
8,721
3,961
4,701
+120.2%
Free cash flow margin
13.6%
6.9%
9.1%
Cash from investing
-8,252
-2,999
-1,728
Cash from financing
-697
-1,243
-3,420
Depreciation and amortisation
555
704
847
-21.2%
Share-based compensation
125
73.0
93.0
+71.2%
Buybacks
2.0
335
2,520
-99.4%
Dividends paid
962
925
926
+4.0%
Dividend per share
$3.68
$3.56
$3.40
+3.4%
Diluted shares, weighted
268m
262m
271m
+2.0%
Shares outstanding at period end
265m
262m
263m
+1.1%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
21,442
17,770
17,475
+20.7%
Non-controlling interest
-75.0
-140
-125
Debt
8,085
7,942
7,964
+1.8%
Other liabilities
82,165
77,790
72,643
+5.6%
Total liabilities and equity
111,617
103,362
97,957
+8.0%
Fixed assets
669
859
987
-22.1%
Goodwill
3,245
3,502
3,502
-7.3%
Intangible assets
754
966
1,005
-21.9%
Investments
4,537
5,144
4,173
-11.8%
Cash and equivalents
704
722
736
-2.5%
Other assets
101,708
92,169
87,554
+10.3%
Total assets
111,617
103,362
97,957
+8.0%
10-K for the year ended 31 December 2024, filed 24 February 2025: the filing.