CluenexAllstate ALL
Allstate scores good on business quality (7.2 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Allstate does
Allstate underwrites property and liability insurance, generating revenue primarily through auto and homeowners policy premiums paid by individual consumers.
- What it does best
Allstate converts capital into earnings with elite efficiency, posting a return on equity of 43.1% that outperforms peers like AIG at 7.3%. This return stems from disciplined underwriting pricing power and massive scale in personal lines distribution.
- The main risk
Inflationary spikes in auto repair costs and severe weather events directly threaten underwriting margins. If catastrophe losses outpace rate increases, combined ratios climb and compress net income from the core insurance book.
Quality, check by check
Scored against its own industry, from company filings.
Operating margins of 23.8% and net margins of 18.8% highlight strong underwriting discipline. Margins are expanding as recent rate increases outpace claims inflation, proving the business scales efficiently.
Scale and proprietary risk-scoring models lock in a vast consumer base across personal lines. Its return on equity ranks in the top decile of its sector at 96th percentile, creating a structural earnings advantage rivals struggle to match.
Revenue grew 5.6% to reach $70.1B, showing steady expansion though sector revenue growth percentiles rank it in the bottom half at 33. The growth engine is driven by rate increases and policy renewal volume.
Debt-to-equity sits at a manageable 0.2, backed by interest coverage of 42.5x making debt costs a rounding error. Free cash flow reached $12.2B, showing strong cash generation that is getting stronger.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
No open market buys or unplanned sales by executives or directors.
Our sealed record on ALL
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Allstate scores good on the Cluenex quality check (7.2 of 10), measured against its own industry. Profitability is strong, moat strong, growth steady and financial health strong.
In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.
Nov 4, 2026, after the close.
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Cite this page: Cluenex, “Allstate (ALL)”, https://cluenex.com/stocks/all/, data as of Oct 10, 2026.