ALL Q1 2023 Earnings — The Allstate Corporation Revenue & Financial Results | Market Cap Arena

ALLThe Allstate Corporation

$54B

Q1 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$13.6B+13.2% YoY

Gross Profit

$1.3B9.5% margin

Operating Income

-$406M-3.0% margin

Net Income

-$320M-2.3% margin

EPS (Diluted)

$-1.22

QoQ Revenue Growth

+1.4%

Cash Flow

Operating Cash Flow

$601M

Free Cash Flow

$522M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$99.6B

Total Liabilities

$82.3B

Stockholders' Equity

$17.5B

Cash & Equivalents

$662M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13.6B	$12.0B	+13.2%
Gross Profit	$1.3B	$2.3B	-44.8%
Operating Income	-$406M	$801M	-150.7%
Net Income	-$320M	$660M	-148.5%

Revenue Segments

Property Liability

$12.5B91%

Protection Services

$670M5%

Allstate Health And Benefits

$585M4%

Corporate and Other

$55M0%