The Allstate Corporation
0HCZ.L
$202.93 -2.35%
Exchange: LSE | Sector: Financial Services | Industry: Insurance Property Casualty
Q4 2024
Published: Feb 24, 2025

Earnings Highlights

  • Revenue of $16.50B up 11.3% year-over-year
  • EPS of $7.07 increased by 28.6% from previous year
  • Gross margin of 30.8%
  • Net income of 1.93B
  • "Our commitment to digital transformation is not just about changing how we interact with our customers; it's about fundamentally rethinking insurance for the modern age." - Tom Wilson, CEO
0HCZ.L
The Allstate Corporation

Executive Summary

The Allstate Corporation (0HCZ.L) reported robust financial performance in Q4 2024, underscoring the companyÒ€ℒs growth trajectory within the property and casualty insurance sector. Revenues reached $16.50 billion, reflecting a year-over-year increase of 11.28% and a slight quarter-over-quarter decline of 0.80%. Net income soared to $1.93 billion, a remarkable 29.48% increase from the previous year, leading to earnings per share (EPS) of $7.16, up 28.55% year-over-year.

Management highlighted their strategic focus on enhancing operational efficiencies and expanding their product offerings as vital drivers of this performance. With operating income also demonstrating significant growth, rising 31.85% year-over-year to $2.55 billion, the outlook remains constructive as the company navigates a competitive marketplace and evolving consumer needs.

Key Performance Indicators

Revenue
Increasing
16.50B
QoQ: -0.80% | YoY: 11.28%
Gross Profit
Increasing
5.08B
30.78% margin
QoQ: 31.17% | YoY: 31.61%
Operating Income
Increasing
2.55B
QoQ: 67.54% | YoY: 31.85%
Net Income
Increasing
1.93B
QoQ: 62.02% | YoY: 29.48%
EPS
Increasing
7.16
QoQ: 63.10% | YoY: 28.55%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 16,633.00 0.00 +5.8% View
Q1 2025 16,457.00 2.11 +7.9% View
Q4 2024 16,502.00 7.07 +11.3% View
Q3 2024 16,635.00 4.33 +14.7% View
Q2 2024 15,727.00 1.13 +12.4% View