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Allstate vs Travelers Companies: revenue, profit, margins and growth compared

Allstate brought in $67.7B of revenue in fiscal 2025, Travelers Companies $48.8B in fiscal 2025. Revenue changed by +5.6% at Allstate and +5.2% at Travelers Companies on the year before, so Allstate grew faster. Allstate kept 15.2% of its revenue as net profit, Travelers Companies 12.9%.

Side by side, latest fiscal year

ALLTRV
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$67.7B$48.8B
Revenue growth+5.6%+5.2%
Net income$10.3B$6.3B
Net margin15.2%12.9%
Free cash flow$9.9Bn/a
Free cash flow margin14.6%n/a
Earnings per share (diluted)$38.06$27.43
Cash$678M$842M
Debt$7.5Bn/a
Price to earnings6.013.2
Market value$57.6B$75.7B
Dividend yield1.76%n/a
Rank by revenue in sector#10 of 444 · Finance#15 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: $67.7BTRV FY2018: $30.3BTRV FY2019: $31.6BTRV FY2020: $32BTRV FY2021: $34.8BTRV FY2022: $36.9BTRV FY2023: $41.4BTRV FY2024: $46.4BTRV FY2025: $48.8BFY18FY19FY20FY21FY22FY23FY24FY25
ALL $67.7BTRV $48.8B
Net income
ALL FY2018: $2.2BALL FY2019: $4.8BALL FY2020: $5.6BALL FY2021: $1.6BALL FY2022: -$1.3BALL FY2023: -$188MALL FY2024: $4.7BALL FY2025: $10.3BTRV FY2018: $2.5BTRV FY2019: $2.6BTRV FY2020: $2.7BTRV FY2021: $3.7BTRV FY2022: $2.8BTRV FY2023: $3BTRV FY2024: $5BTRV FY2025: $6.3BFY18FY19FY20FY21FY22FY23FY24FY25
ALL $10.3BTRV $6.3B
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%TRV FY2018: 8.3%TRV FY2019: 8.3%TRV FY2020: 8.4%TRV FY2021: 10.5%TRV FY2022: 7.7%TRV FY2023: 7.2%TRV FY2024: 10.8%TRV FY2025: 12.9%FY18FY19FY20FY21FY22FY23FY24FY25
ALL 15.2%TRV 12.9%
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%TRV FY2019: +4.3%TRV FY2020: +1.3%TRV FY2021: +8.9%TRV FY2022: +5.9%TRV FY2023: +12.1%TRV FY2024: +12.2%TRV FY2025: +5.2%FY19FY20FY21FY22FY23FY24FY25
ALL +5.6%TRV +5.2%
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: $9.9BFY18FY19FY20FY21FY22FY23FY24FY25
ALL $9.9BTRV

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

Questions about Allstate and Travelers Companies

Which is bigger by revenue, Allstate or Travelers Companies?

Allstate is bigger by revenue: $67.7B in fiscal 2025, against $48.8B for Travelers Companies in fiscal 2025.

Which keeps more of its revenue as profit, Allstate or Travelers Companies?

Allstate had a net margin of 15.2% in fiscal 2025; Travelers Companies had 12.9% in fiscal 2025.

Which grew revenue faster, Allstate or Travelers Companies?

In their latest fiscal years revenue changed by +5.6% at Allstate and +5.2% at Travelers Companies.

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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