Allstate Historical Income Statement
| ALL Stock | USD 170.07 2.27 1.32% |
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
The Allstate Income Statement is one of the three primary financial statements used for reporting Allstate's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Allstate revenue and expense. Allstate Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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. Add Fundamental
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.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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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 tightly coupled 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 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Allstate income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 126M | 118M | 376M | 353M | 704M | 739.2M | |
| 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 | 57.4B | 30.8B | |
| Operating Income | 5.0B | 5.9B | 716M | (1.9B) | (213M) | (202.4M) | |
| Ebit | 5.0B | 5.9B | 716M | (1.9B) | (917M) | (871.2M) | |
| Ebitda | 5.2B | 6.0B | 1.1B | (1.5B) | (213M) | (202.4M) | |
| 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) | 2.4B | 2.4B | |
| 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 |
Pair Trading with Allstate
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allstate position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allstate will appreciate offsetting losses from the drop in the long position's value.Moving together with Allstate Stock
| 0.63 | L | Loews Corp | PairCorr |
| 0.72 | DOMA | Doma Holdings | PairCorr |
| 0.81 | FRFHF | Fairfax Financial Earnings Call This Week | PairCorr |
Moving against Allstate Stock
| 0.64 | FACO | First Acceptance Corp Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Allstate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allstate when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allstate - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Allstate to buy it.
The correlation of Allstate is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allstate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allstate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Allstate can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Allstate Stock analysis
When running Allstate's price analysis, check to measure Allstate's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allstate is operating at the current time. Most of Allstate's value examination focuses on studying past and present price action to predict the probability of Allstate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allstate's price. Additionally, you may evaluate how the addition of Allstate to your portfolios can decrease your overall portfolio volatility.
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Is Allstate's industry 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 3.56 | Earnings Share (1.21) | Revenue Per Share 217.501 | Quarterly Revenue Growth 0.087 |
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.