Filing Flows › Allstate (ALL) › Q1 2025
Allstate (ALL) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Allstate (ALL) reported revenue of $16.5B for the first quarter 2025 (Q1 2025), +8% from a year earlier and -0.3% from the quarter before. Operating margin was 4.4%, net earnings $595M (3.6% of revenue).
Allstate, Q1 2025: revenue $16.5B (+8% year over year), operating margin 4.4%, net earnings $595M, operating cash flow $2.0B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.5B | -0.3% | +8% |
| Operating profit | $719M | -71% | -51% |
| Net earnings | $595M | -69% | -51% |
| Operating cash flow | $2.0B | +15% | +18% |
| Free cash flow | $1.9B | +13% | +15% |
What changed
Revenue was $16.5B in Q1 2025, up 8% year over year and roughly flat from the previous quarter.
Operating profit was $0.72B, a 4.4% margin (down 5.2 points year over year). Operating profit fell $0.74B even though revenue rose $1.2B versus a year earlier, so costs grew faster than sales. Total costs grew 14% against revenue growth of 8%. Net earnings were $0.59B, down 51% year over year. The effective tax rate was 17.1%.
Operating cash flow was $2.0B (up 18% year over year), 330% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization. Working capital and other items added $1.2B. Capital expenditures of $0.09B left free cash flow of $1.9B.
Questions
What was Allstate's revenue in the first quarter 2025?
Allstate (ALL) reported revenue of $16.5B for the first quarter 2025 (Q1 2025), +8% from a year earlier and -0.3% from the quarter before.
Was Allstate profitable in the first quarter 2025?
Operating profit was $719M (4.4% of revenue) and net earnings $595M.
Source: Allstate 10-Q on SEC EDGAR.