Allstate sells car, home, and life insurance across the US and Canada, plus roadside help and phone protection plans. Think of it as a giant safety net for everyday risks.
Money comes from insurance premiums, with a net margin of 19.24% and gross margin of 42.16% (TTM). These are recurring payments, though claims can swing profits year to year.
Allstate's brand and massive agent network create switching costs, but rivals like Progressive and GEICO compete hard on price, eroding its edge.
Strong Buy (sector percentile 91) — value A+, growth B, profitability B+, momentum A-, revisions C+. Updated daily, sector-relative, identical for every user.