ALL Q2 2023 Earnings — The Allstate Corporation Revenue & Financial Results | Market Cap Arena

ALLThe Allstate Corporation

$54B

Q2 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$13.9B+14.9% YoY

Gross Profit

$98M0.7% margin

Operating Income

-$1.7B-12.6% margin

Net Income

-$1.4B-9.7% margin

EPS (Diluted)

$-5.15

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.1B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$100.5B

Total Liabilities

$85.1B

Stockholders' Equity

$15.5B

Cash & Equivalents

$699M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13.9B	$12.1B	+14.9%
Gross Profit	$98M	$819M	-88.0%
Operating Income	-$1.7B	-$1.3B	-33.3%
Net Income	-$1.4B	-$1.0B	-33.5%

Revenue Segments

Property Liability

$12.7B91%

Protection Services

$682M5%

Allstate Health And Benefits

$576M4%

Corporate and Other

$37M0%