Allstate (ALL) Operating Margin (2023 - 2026)
Allstate (ALL) reported Operating Margin of -30.76% for Q2 2026, up 19.96 percentage points from -50.72% a year earlier and up 5.11 percentage points from the prior quarter.
Allstate (ALL) Operating Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Allstate's Operating Margin came in at -27.33%, up 24.17 percentage points year-over-year; for FY2025, it came in at -38.27%, up 14.73 percentage points from FY2024.
- Operating Margin has increased for three consecutive years, with a three-year change of +37.78 percentage points (FY2022 to FY2025).
- By year, Operating Margin came in at -53.00% in FY2024 (+19.55 pp), -72.54% in FY2023 (+3.50 pp) and -76.04% in FY2022.
- Five-year quarterly Operating Margin spans a low of -96.39% in Q2 2023 and a high of -16.22% in Q4 2025.
- Year over year, Operating Margin has now increased in each of the last five quarters, with an average year-over-year change of +15.88 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was Q2 2024 (a gain of 30.40 percentage points); the low point was Q1 2025 (a drop of 8.70 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -35.87% (Q1 2026), -16.22% (Q4 2025) and -26.40% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.59 Bn | 81.17 Bn | 9.13 Bn | -19.39% |
| 2 | Progressive | 130.10 Bn | 105.93 Bn | 9.04 Bn | -43.89% |
| 3 | Marsh & Mclennan Companies | 85.37 Bn | 76.86 Bn | - | 25.65% |
| 4 | Travelers Companies | 78.50 Bn | 54.75 Bn | 6.23 Bn | -25.96% |
| 5 | Manulife Financial | 73.73 Bn | -21.15 Bn | - | - |
| 6 | Metlife | 64.65 Bn | -42.13 Bn | 7.82 Bn | -53.77% |
| 7 | Allstate | 60.31 Bn | 21.58 Bn | 8.73 Bn | -30.76% |
| 8 | Arthur J. Gallagher | 60.08 Bn | 54.48 Bn | - | - |
| 9 | Aon | 58.71 Bn | 51.93 Bn | - | 21.55% |
| 10 | Aflac | 58.62 Bn | 33.84 Bn | 2.27 Bn | -20.82% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -30.76% |
| Mar 31, 2026 | -35.87% |
| Dec 31, 2025 | -16.22% |
| Sep 30, 2025 | -26.40% |
| Jun 30, 2025 | -50.72% |
| Mar 31, 2025 | -61.37% |
| Dec 31, 2024 | -39.83% |
| Sep 30, 2024 | -54.07% |
| Jun 30, 2024 | -66.00% |
| Mar 31, 2024 | -52.67% |
| Dec 31, 2023 | -46.88% |
| Sep 30, 2023 | -70.76% |
| Jun 30, 2023 | -96.39% |
Allstate Operating Margin 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-margin&ticker=ALL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=ALL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();