Earnings Releases·Nov 4, 2026, 4:16 PM ET

The Allstate Corporation — Q3 2026 Earnings Summary

Total revenues rose 0.5% year-over-year to $17.3 billion, while net income applicable to common shareholders declined 44.8% to $2.1 billion ($8.03/share) due to a 195.7% surge in catastrophe losses to $1.65 billion and net investment losses of $545 million.
Property-Liability earned premiums increased 3.8% to $15.1 billion with a 3.3% growth in policies in force, though the recorded combined ratio worsened to 86.6 from 80.1 in the prior year quarter.
The company returned approximately $1.5 billion to shareholders via share repurchases and dividends in the quarter, with $1.3 billion remaining under the $4.0 billion authorization initiated in February 2026.
Strategic updates include Arity's October acquisition of INRIX, an expected November agreement to acquire Replica's remaining ownership closing before year-end 2026, and ALLIE expansion to handle millions of service calls.
Book value per share grew 25.3% to $120.23, and adjusted net income return on equity for the trailing 12 months was 39.7%, despite $2.6 billion in unrealized net capital losses driven by higher interest rates.