Allstate Historical Income Statement
| ALL Stock | USD 207.39 0.81 0.39% |
Historical analysis of Allstate income statement accounts such as Interest Expense of 299.1 M, Total Revenue of 37 B or Gross Profit of 33.9 B can show how well The Allstate performed in making a profits. Evaluating Allstate income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Allstate's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Allstate latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Allstate is a good buy for the upcoming year.
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About Allstate Income Statement Analysis
Allstate Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Allstate shareholders. The income statement also shows Allstate investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Allstate Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Allstate generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of The Allstate minus its cost of goods sold. It is profit before Allstate operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Allstate. It is also known as Allstate overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Allstate income statement and is an important metric when analyzing Allstate profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of The Allstate whose combined shares represent less than 50% of the total outstanding shares issued by Allstate have a minority interest in Allstate.Most accounts from Allstate's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Allstate current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Allstate's Depreciation And Amortization is quite stable compared to the past year. Non Operating Income Net Other is expected to rise to about 4.8 M this year, although the value of Total Revenue will most likely fall to about 37 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 43.3B | 44.0B | 50.0B | 33.9B | Total Revenue | 50.6B | 51.4B | 57.1B | 37.0B |
Allstate income statement Correlations
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Allstate income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 126M | 118M | 376M | 353M | 672M | 705.6M | |
| Interest Expense | 332M | 327M | 318M | 330M | 379M | 299.1M | |
| Total Revenue | 44.7B | 44.8B | 50.6B | 51.4B | 57.1B | 37.0B | |
| Gross Profit | 39.0B | 39.1B | 43.3B | 44.0B | 50.0B | 33.9B | |
| Other Operating Expenses | 38.6B | 37.8B | 44.1B | 53.3B | 57.1B | 30.8B | |
| Operating Income | 5.0B | 5.9B | 716M | (1.9B) | (213M) | (202.4M) | |
| Ebit | 5.0B | 5.9B | 716M | (1.9B) | 31M | 29.5M | |
| Ebitda | 5.2B | 6.0B | 1.1B | (1.5B) | 703M | 667.9M | |
| Total Operating Expenses | 39.6B | 38.9B | 49.9B | 53.3B | 50.3B | 30.9B | |
| Income Before Tax | 6.1B | 7.0B | 6.4B | (1.9B) | (348M) | (330.6M) | |
| Total Other Income Expense Net | 1.1B | 1.1B | 5.7B | (388M) | (348M) | (330.6M) | |
| Net Income | 4.8B | 5.6B | 5.2B | (1.4B) | (188M) | (178.6M) | |
| Income Tax Expense | 1.2B | 1.4B | 1.3B | (494M) | (135M) | (128.3M) | |
| Cost Of Revenue | 5.7B | 5.7B | 7.3B | 7.4B | 7.1B | 5.4B | |
| Net Income Applicable To Common Shares | 4.7B | 5.5B | 1.5B | (1.4B) | (1.3B) | (1.2B) | |
| Selling General Administrative | 114M | 51M | 644M | 116M | 9M | 8.6M | |
| Net Income From Continuing Ops | 4.8B | 5.6B | 5.2B | (1.4B) | (2.0B) | (1.9B) | |
| Preferred Stock And Other Adjustments | 169M | 115M | 114M | 105M | 120.8M | 122.7M | |
| Tax Provision | 1.2B | 1.4B | 1.3B | (494M) | (595M) | (565.3M) | |
| Net Interest Income | (332M) | (327M) | (318M) | (330M) | (356M) | (373.8M) | |
| Reconciled Depreciation | 647M | 686M | 376M | 353M | 740M | 596.5M |
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Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allstate. If investors know Allstate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allstate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Dividend Share 3.65 | Earnings Share 15.47 | Revenue Per Share 236.821 | Quarterly Revenue Growth 0.147 |
The market value of Allstate is measured differently than its book value, which is the value of Allstate that is recorded on the company's balance sheet. Investors also form their own opinion of Allstate's value that differs from its market value or its book value, called intrinsic value, which is Allstate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allstate's market value can be influenced by many factors that don't directly affect Allstate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allstate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.