The Allstate (ALL) Revenue — Quarter Ended Sep 30, 2024
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth reflects higher premiums and investment income.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth reflects higher premiums and investment income.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$16.6B
Revenue reported for this quarter.
Quarter-over-quarter
+5.8%
Change from the immediately preceding quarter.
Year-over-year
+14.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$62.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $14.8B | +8.7% |
| Mar 31, 2024 | $15.3B | +10.7% |
| Jun 30, 2024 | $15.7B | +12.4% |
| Sep 30, 2024 | $16.6B | +14.7% |
Revenue performance
Total revenue rose from the immediately preceding quarter, continuing an upward trend seen over recent periods.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher, driven by increases in property and casualty insurance premiums and net investment income.
What to watch
The filing notes risk factors and forward-looking statements; no specific causal factors are provided for the revenue change.