Allstate (ALL) Operating Expenses (2009 - 2026)
Allstate (ALL) posted quarterly Operating Expenses of $13.8 billion for Q1 2026, down 12.08% year-over-year from $15.7 billion in Q1 2025, and up 11.35% quarter-over-quarter from $12.4 billion in Q4 2025.
Allstate (ALL) Operating Expenses (2009 - 2026) Analysis & Trends
Allstate (ALL) has reported Operating Expenses for 18 consecutive years, with $13.8 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 12.08% year-over-year to $13.8 billion; the TTM figure through Mar 2026 stood at $54.2 billion (down 10.04% YoY), while the FY2025 annual figure was $56.1 billion, down 3.79% from the prior year.
- Operating Expenses improved to $13.8 billion in Q1 2026 per ALL's latest filing, from $12.4 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $44.4 billion in Q3 2023 and bottomed at $11.5 billion in Q1 2022.
- Historically, Operating Expenses has averaged $17.8 billion across 5 years, with a median of $14.2 billion in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses rose 24.71% — and 2024, when it plunged 65.77%.
- Allstate's Operating Expenses stood at $39.2 billion in 2022, then climbed by 13.41% to $44.4 billion in 2023, then slumped by 68.37% to $14.1 billion in 2024, then dropped by 11.62% to $12.4 billion in 2025, then rose by 11.35% to $13.8 billion in 2026.
- Business Quant data shows ALL's Operating Expenses at $13.8 billion in Q1 2026, $12.4 billion in Q4 2025, and $13.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.86 Bn | 121.10 Bn | 9.13 Bn | 12.19 Bn |
| 2 | Progressive | 124.63 Bn | 119.63 Bn | 9.04 Bn | 19.40 Bn |
| 3 | Travelers Companies | 79.28 Bn | 55.52 Bn | 4.83 Bn | 9.39 Bn |
| 4 | Allstate | 68.35 Bn | 29.62 Bn | 16.28 Bn | 14.45 Bn |
| 5 | Fairfax Financial Holdings | 35.46 Bn | 35.46 Bn | - | -134.80 Mn |
| 6 | Cincinnati Financial | 26.64 Bn | 24.74 Bn | 2.39 Bn | 2.70 Bn |
| 7 | Markel | 23.21 Bn | 6.33 Bn | 2.83 Bn | 3.63 Bn |
| 8 | Loews | 23.21 Bn | 910.17 Mn | 2.57 Bn | 4.12 Bn |
| 9 | Assurant | 14.08 Bn | 12.04 Bn | 2.71 Bn | 3.08 Bn |
| 10 | Cna Financial | 13.81 Bn | 6.03 Bn | 3.44 Bn | 3.42 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.45 Bn |
| Mar 31, 2026 | 13.83 Bn |
| Dec 31, 2025 | 12.42 Bn |
| Sep 30, 2025 | 13.16 Bn |
| Jun 30, 2025 | 14.82 Bn |
| Mar 31, 2025 | 15.73 Bn |
| Dec 31, 2024 | 14.06 Bn |
| Sep 30, 2024 | 15.21 Bn |
| Jun 30, 2024 | 15.28 Bn |
| Mar 31, 2024 | 13.80 Bn |
| Sep 30, 2023 | 44.44 Bn |
| Jun 30, 2023 | 15.73 Bn |
| Mar 31, 2023 | 14.19 Bn |
| Sep 30, 2022 | 39.18 Bn |
| Jun 30, 2022 | 13.53 Bn |
| Mar 31, 2022 | 11.54 Bn |
| Sep 30, 2021 | 32.52 Bn |
| Jun 30, 2021 | 10.85 Bn |
| Mar 31, 2021 | 9.42 Bn |
| Dec 31, 2020 | 40.00 Mn |