Direct Answer
Allstate reports revenue across 4 business segments in its fiscal 2025 Form 10-K. Property Liability is the largest, with $59.7 billion of revenue (88% of the total), followed by Protection Services at $3.5 billion (5%).
How Does Allstate Make Money?
Property Liability supplies 88% of revenue, so Allstate's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Corporate and Other grew fastest (+69.2%) and Allstate Health and Benefits slowest (-64.1%), so the revenue mix tilts toward Corporate and Other while that gap lasts.
| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Property Liability | $59.7 billion | $55.8 billion | 88.3% | 7.1% |
| Protection Services | $3.5 billion | $3.2 billion | 5.2% | 10.1% |
| Allstate Health and Benefits | $676 million | $1.9 billion | 1.0% | -64.1% |
| Corporate and Other | $308 million | $182 million | 0.5% | 69.2% |
What the Segment Figures Do Not Show
The rows above add up to 95% of Allstate's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Allstate reported in the segment note and revenue disclosures of its Form 10-K filed February 20, 2026 (accession 0000899051-26-000031), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Allstate's business segments?
In its fiscal 2025 Form 10-K, Allstate reports revenue for Property Liability, Protection Services, Allstate Health and Benefits and Corporate and Other.
Which part of Allstate brings in the most revenue?
Property Liability, with $59.7 billion of revenue in fiscal 2025, or 88% of the total.
Where does Allstate report its segment results?
In the segment note to the financial statements in its Form 10-K, most recently filed February 20, 2026, alongside management's discussion of each segment's results.