Allstate (ALL) Operating Expenses (2009 - 2026)
Allstate's Operating Expenses came in at $14.45 billion for Q2 2026, down 2.5% from $14.82 billion a year earlier but up 4.5% from the prior quarter.
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Analysis
Allstate (ALL) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Allstate reported Operating Expenses of $53.87 billion, down 10.0% year-over-year; for FY2025, it came in at $56.13 billion, down 3.8% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 9.8% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $58.35 billion in FY2024 (+1.6%), $57.44 billion in FY2023 (+7.9%), $53.24 billion in FY2022 (+20.6%) and $44.14 billion in FY2021 (+25.7%).
- The five-year range for quarterly Operating Expenses is $11.54 billion (Q1 2022) to $15.73 billion (Q1 2025).
- Year-over-year, Operating Expenses has declined for five consecutive quarters, with an average decline of 2.0% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2021 (growth of 43.4%), and the weakest in Q3 2025 (a decline of 13.5%).
- Business Quant data shows ALL's Operating Expenses at $13.83 billion (Q1 2026), $12.42 billion (Q4 2025) and $13.16 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 142.34 Bn | 87.98 Bn | 8.67 Bn | 12.79 Bn |
| 2 | Progressive | 136.64 Bn | 136.64 Bn | - | 19.96 Bn |
| 3 | Marsh & Mclennan Companies | 98.05 Bn | 90.21 Bn | - | 5.65 Bn |
| 4 | Travelers Companies | 84.07 Bn | 84.07 Bn | - | 10.04 Bn |
| 5 | Manulife Financial | 76.36 Bn | -18.52 Bn | - | 902.21 Mn |
| 6 | Arthur J. Gallagher | 71.85 Bn | 71.85 Bn | - | - |
| 7 | Aon | 70.83 Bn | 50.04 Bn | - | 3.29 Bn |
| 8 | Allstate | 67.61 Bn | 28.88 Bn | 8.73 Bn | 14.45 Bn |
| 9 | Metlife | 64.94 Bn | -41.84 Bn | 7.82 Bn | 18.12 Bn |
| 10 | Aflac | 62.72 Bn | 37.94 Bn | 2.27 Bn | 3.12 Bn |
Historic Data
Download Data
Historic 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 |
| Dec 31, 2023 | 13.01 Bn |
| Sep 30, 2023 | 14.52 Bn |
| Jun 30, 2023 | 15.73 Bn |
| Mar 31, 2023 | 14.19 Bn |
| Dec 31, 2022 | 14.06 Bn |
| Sep 30, 2022 | 14.12 Bn |
| Jun 30, 2022 | 13.53 Bn |
| Mar 31, 2022 | 11.54 Bn |
| Dec 31, 2021 | 11.61 Bn |
| Sep 30, 2021 | 12.25 Bn |
API Access
Allstate Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ALL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ALL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ALL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();