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Allstate vs Hartford Insurance: revenue, profit, margins and growth compared

Allstate brought in $67.7B of revenue in fiscal 2025, Hartford Insurance $28.4B in fiscal 2025. Revenue changed by +5.6% at Allstate and +6.9% at Hartford Insurance on the year before, so Hartford Insurance grew faster. Allstate kept 15.2% of its revenue as net profit, Hartford Insurance 13.5%. Free cash flow was $9.9B at Allstate and $5.8B at Hartford Insurance.

Side by side, latest fiscal year

ALLHIG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$67.7B$28.4B
Revenue growth+5.6%+6.9%
Net income$10.3B$3.8B
Net margin15.2%13.5%
Free cash flow$9.9B$5.8B
Free cash flow margin14.6%20.3%
Earnings per share (diluted)$38.06$13.32
Cash$678M$166M
Debt$7.5B$4.4B
Price to earnings6.09.3
Market value$57.6B$33.7B
Dividend yield1.76%1.74%
Rank by revenue in sector#10 of 444 · Finance#19 of 444 · Finance

Over the years

Revenue
ALL FY2018: $39.8BALL FY2019: $41.5BALL FY2020: $41.9BALL FY2021: $50.6BALL FY2022: $51.4BALL FY2023: $57.1BALL FY2024: $64.1BALL FY2025: $67.7BHIG FY2018: $19BHIG FY2019: $20.7BHIG FY2020: $20.5BHIG FY2021: $22.4BHIG FY2022: $22.4BHIG FY2023: $24.5BHIG FY2024: $26.5BHIG FY2025: $28.4BFY18FY19FY20FY21FY22FY23FY24FY25
ALL $67.7BHIG $28.4B
Net income
ALL FY2018: $2.2BALL FY2019: $4.8BALL FY2020: $5.6BALL FY2021: $1.6BALL FY2022: -$1.3BALL FY2023: -$188MALL FY2024: $4.7BALL FY2025: $10.3BHIG FY2018: $1.8BHIG FY2019: $2.1BHIG FY2020: $1.7BHIG FY2021: $2.4BHIG FY2022: $1.8BHIG FY2023: $2.5BHIG FY2024: $3.1BHIG FY2025: $3.8BFY18FY19FY20FY21FY22FY23FY24FY25
ALL $10.3BHIG $3.8B
Net margin
ALL FY2018: 5.4%ALL FY2019: 11.7%ALL FY2020: 13.3%ALL FY2021: 3.2%ALL FY2022: -2.5%ALL FY2023: -0.3%ALL FY2024: 7.3%ALL FY2025: 15.2%HIG FY2018: 9.5%HIG FY2019: 10.1%HIG FY2020: 8.5%HIG FY2021: 10.6%HIG FY2022: 8.1%HIG FY2023: 10.2%HIG FY2024: 11.7%HIG FY2025: 13.5%FY18FY19FY20FY21FY22FY23FY24FY25
ALL 15.2%HIG 13.5%
Revenue growth
ALL FY2019: +4.3%ALL FY2020: +0.9%ALL FY2021: +20.7%ALL FY2022: +1.6%ALL FY2023: +11.1%ALL FY2024: +12.3%ALL FY2025: +5.6%HIG FY2019: +9.4%HIG FY2020: -1.0%HIG FY2021: +9.1%HIG FY2022: -0.1%HIG FY2023: +9.7%HIG FY2024: +8.2%HIG FY2025: +6.9%FY19FY20FY21FY22FY23FY24FY25
ALL +5.6%HIG +6.9%
Free cash flow
ALL FY2018: $4.9BALL FY2019: $4.7BALL FY2020: $5.2BALL FY2021: $4.8BALL FY2022: $4.7BALL FY2023: $4BALL FY2024: $8.7BALL FY2025: $9.9BHIG FY2018: $2.7BHIG FY2019: $3.4BHIG FY2020: $3.8BHIG FY2021: $4BHIG FY2022: $3.8BHIG FY2023: $4BHIG FY2024: $5.8BHIG FY2025: $5.8BFY18FY19FY20FY21FY22FY23FY24FY25
ALL $9.9BHIG $5.8B

Fiscal years as each company reports them; the two may end in different months.

Questions about Allstate and Hartford Insurance

Which is bigger by revenue, Allstate or Hartford Insurance?

Allstate is bigger by revenue: $67.7B in fiscal 2025, against $28.4B for Hartford Insurance in fiscal 2025.

Which keeps more of its revenue as profit, Allstate or Hartford Insurance?

Allstate had a net margin of 15.2% in fiscal 2025; Hartford Insurance had 13.5% in fiscal 2025.

Which grew revenue faster, Allstate or Hartford Insurance?

In their latest fiscal years revenue changed by +5.6% at Allstate and +6.9% at Hartford Insurance.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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