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Allstate is one of the biggest insurance companies in the United States, best known for auto, home, renters and life insurance. Founded in 1931, the company has grown into a major personal lines insurer with a broad distribution network that includes agents, direct channels and embedded protection businesses.
For readers looking for the latest Allstate statistics in 2026, the biggest update is that Allstate rebounded sharply in 2024. The company reported $64.1 billion in revenue, generated $4.6 billion in net income, and employed about 55,400 people at year-end 2024.
Allstate Quick Answer
Allstate reported $64.1 billion in 2024 revenue and $4.6 billion in net income. As of December 31, 2024, the company had approximately 55,000 full-time employees and 400 part-time employees.
Allstate Key Metrics
| Metric | Latest figure | Year |
|---|---|---|
| Total revenue | $64.1 billion | 2024 |
| Net income | $4.6 billion | 2024 |
| Full-time employees | 55,000 | As of Dec. 31, 2024 |
| Part-time employees | 400 | As of Dec. 31, 2024 |
| Allstate Protection Plans revenue | $2.0 billion | 2024 |
| Allstate Protection Services revenue | $3.2 billion | 2024 |
About Allstate
Allstate is primarily a personal lines insurer, with auto and homeowners insurance making up the core of the business. It also operates adjacent protection and service businesses, including protection plans, identity protection, roadside and data-driven mobility products through Arity.
That mix matters because Allstate today is more than a traditional auto insurer. Its recent reporting reflects both insurance underwriting performance and growth in protection services beyond standard policies.
Allstate Revenue Statistics
Allstate’s 2024 revenue reached a record $64.1 billion, up 12.3% from the prior year. The company’s improvement was helped by higher premiums, stronger investment income and a much stronger underwriting environment than the one seen in 2023.
| Year | Revenue |
|---|---|
| 2024 | $64.1 billion |
| 2023 | $57.1 billion |
| 2022 | $51.4 billion |
| 2021 | $50.6 billion |
| 2020 | $41.9 billion |
| 2019 | $41.5 billion |
| 2018 | $39.8 billion |
Allstate Net Income Statistics
After reporting losses in 2022 and 2023, Allstate returned to profitability in 2024 with $4.6 billion in net income. That was a major turnaround from the $316 million net loss reported in 2023.
| Year | Net income |
|---|---|
| 2024 | $4.6 billion |
| 2023 | -$316 million |
| 2022 | -$1.394 billion |
| 2021 | $4.65 billion |
| 2020 | $3.48 billion |
| 2019 | $3.13 billion |
| 2018 | $2.85 billion |
Allstate Employee Statistics
At the end of 2024, Allstate had approximately 55,400 employees, consisting of 55,000 full-time employees and 400 part-time employees.
Additional Allstate Facts
- Allstate was founded in 1931.
- The company remains one of the best-known brands in U.S. insurance.
- Its 2024 performance reflected stronger profitability after a difficult 2023.
- Allstate Protection Plans remained one of the fastest-growing non-core pieces of the business.
FAQ
How much revenue does Allstate make?
Allstate reported $64.1 billion in revenue for 2024.
How many employees does Allstate have?
Allstate had approximately 55,400 employees as of December 31, 2024.
Was Allstate profitable in 2024?
Yes. Allstate reported $4.6 billion in net income in 2024.
What kind of company is Allstate?
Allstate is a U.S. insurance company focused mainly on auto, homeowners and other personal lines coverage, plus related protection services.
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