Allstate (ALL) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, February 5, 2026 astatine 9:38 AM CST 52 min read

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Feb. 5, 2026, 9:00 a.m. ET

• Chair, President, and Chief Executive Officer — Thomas Joseph Wilson

• President, Property-Liability — Mario Rizzo

• Chief Financial Officer — Jesse Edward Merten

• President, Investments and Financial Products — John Dugenske

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Thomas Joseph Wilson: Good morning. Thank you for investing clip successful The Allstate Corporation. Today, we are going to screen fiscal results and however The Allstate Corporation is successfully addressing security affordability. So let's commencement connected descent two. The Allstate Corporation's strategy has 2 components, arsenic shown connected the left: summation idiosyncratic spot liability marketplace stock and grow extortion provided to customers. On the close are show highlights. The Allstate Corporation improved car and homeowners security affordability for millions of customers successful 2025. Results benefited from the transformative maturation initiatives, which generated beardown fiscal results and expanding maturation of spot liability policies successful force.

Shareholders were provided $2.2 cardinal of currency returns past year, the dividend has been increased, and a $4 cardinal stock repurchase programme volition beryllium initiated. Slide 3 is an overview of The Allstate Corporation's fiscal results. Total revenues accrued to $17.3 cardinal for the 4th fourth and $67.7 cardinal for the year. Net income applicable to communal shareholders was $3.8 cardinal for the 4th and $10.2 cardinal for the year. Adjusted nett income was $3.8 cardinal oregon $14.31 per communal stock for the 4th fourth and $9.3 cardinal for 2025, $34.83 per share. The little array provides a reconciliation of nett income for the 4th fourth to the anterior twelvemonth quarter. In 2024, we earned $1.9 billion.

The 3 superior drivers of accrued income were amended underwriting losses, little catastrophes, and the payment of reserve releases from anterior years and adjustments wrong 2025. Net income for the 4th was $3.8 billion. Now let's sermon our occurrence successful improving affordability portion maintaining margins earlier going done the details of this show with Mario, Jess, and John. Slide 4 discusses the levers to amended security car security affordability astatine the manufacture level. And past we volition spell done The Allstate Corporation's actions. In summary, improving affordability volition necessitate a absorption connected costs, not profits. Let's spell done the math. The pastry illustration connected the near shows a creation of car security manufacture costs from 2020 to 2025.