Allstate Historical Income Statement

0HCZ Stock   193.33  1.84  0.96%   
Historical analysis of Allstate Corp income statement accounts such as Gross Profit of 45.6 B, Other Operating Expenses of 9.6 B or Operating Income of 52.4 B can show how well Allstate Corp performed in making a profits. Evaluating Allstate Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Allstate Corp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Allstate Corp 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 Corp is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allstate Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Allstate Income Statement Analysis

Allstate Corp 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 Corp 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 Corp Income Statement Chart

At this time, Allstate Corp's Other Operating Expenses is comparatively stable compared to the past year. Operating Income is likely to gain to about 52.4 B in 2024, whereas Total Revenue is likely to drop slightly above 45.8 B in 2024.

Total Revenue

Total revenue comprises all receipts Allstate Corp 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 Allstate Corp minus its cost of goods sold. It is profit before Allstate Corp 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.

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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Allstate Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Allstate Corp 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 Allstate Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Allstate Corp's Other Operating Expenses is comparatively stable compared to the past year. Operating Income is likely to gain to about 52.4 B in 2024, whereas Total Revenue is likely to drop slightly above 45.8 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit50.6B51.4B57.1B45.6B
Total Revenue50.6B51.4B57.1B45.8B

Allstate Corp income statement Correlations

0.630.62-0.410.170.00.67-0.96-0.06-0.350.06-0.340.6-0.39-0.45-0.410.24
0.630.99-0.650.55-0.310.19-0.62-0.35-0.73-0.22-0.60.77-0.21-0.89-0.870.34
0.620.99-0.680.56-0.350.16-0.62-0.39-0.75-0.26-0.630.76-0.2-0.91-0.890.35
-0.41-0.65-0.68-0.070.08-0.220.260.10.57-0.010.29-0.480.040.730.74-0.56
0.170.550.56-0.07-0.47-0.23-0.32-0.47-0.71-0.42-0.540.550.05-0.56-0.57-0.17
0.0-0.31-0.350.08-0.470.740.051.00.640.990.910.170.020.480.490.38
0.670.190.16-0.22-0.230.74-0.60.70.240.770.440.53-0.250.060.080.44
-0.96-0.62-0.620.26-0.320.05-0.60.110.380.010.34-0.610.310.390.36-0.09
-0.06-0.35-0.390.1-0.471.00.70.110.660.990.930.140.040.50.510.36
-0.35-0.73-0.750.57-0.710.640.240.380.660.580.78-0.460.010.740.740.18
0.06-0.22-0.26-0.01-0.420.990.770.010.990.580.860.27-0.020.380.390.45
-0.34-0.6-0.630.29-0.540.910.440.340.930.780.86-0.180.240.680.670.22
0.60.770.76-0.480.550.170.53-0.610.14-0.460.27-0.18-0.31-0.59-0.570.41
-0.39-0.21-0.20.040.050.02-0.250.310.040.01-0.020.24-0.310.140.07-0.09
-0.45-0.89-0.910.73-0.560.480.060.390.50.740.380.68-0.590.141.0-0.46
-0.41-0.87-0.890.74-0.570.490.080.360.510.740.390.67-0.570.071.0-0.46
0.240.340.35-0.56-0.170.380.44-0.090.360.180.450.220.41-0.09-0.46-0.46
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Allstate Corp Account Relationship Matchups

Allstate Corp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization452M471M787M688M(200M)(210M)
Total Revenue44.7B41.9B50.6B51.4B57.1B45.8B
Gross Profit41.5B41.9B50.6B51.4B57.1B45.6B
Other Operating Expenses38.1B(33.6B)(43.6B)(52.9B)7.1B9.6B
Operating Income5.9B8.3B7.0B(1.4B)49.9B52.4B
Ebit6.4B7.1B6.8B(1.5B)(181M)(172.0M)
Ebitda6.9B7.6B7.6B(807M)(381M)(362.0M)
Total Operating Expenses11.5B11.0B13.2B14.5B7.1B12.5B
Income Before Tax6.1B6.8B6.4B(1.8B)(348M)(330.6M)
Total Other Income Expense Net(474M)(29.7B)(529M)(45.7B)(50.3B)(47.8B)
Net Income4.8B5.6B5.7B(1.3B)(188M)(178.6M)
Income Tax Expense1.2B1.4B1.3B(488M)(135M)(128.3M)
Tax Provision497M1.2B1.4B1.3B1.5B1.3B
Interest Expense327M318M330M335M379M265.4M
Net Income Applicable To Common Shares4.7B5.5B1.5B(1.4B)(1.3B)(1.2B)

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Additional Tools for Allstate Stock Analysis

When running Allstate Corp's price analysis, check to measure Allstate Corp'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 Corp is operating at the current time. Most of Allstate Corp's value examination focuses on studying past and present price action to predict the probability of Allstate Corp'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 Corp's price. Additionally, you may evaluate how the addition of Allstate Corp to your portfolios can decrease your overall portfolio volatility.