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AllstateHAM:ALS -1.49%69 Net Margin % is 17.84% as of Jun. 2026, which is 179% above its 10-year median of 6.39. GuruFocus rates HAM:ALS with a GF Score™ of 69/100 and a GF Value™ of €182.48 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 500 Insurance companies, Allstate ranks better than 81.6% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Allstate's Net Income for the
three
months ended in Jun. 2026 was €2,839 Mil. Allstate's Revenue for the
three
months ended in Jun. 2026 was €15,916 Mil. Therefore, Allstate's net margin for the quarter that ended in Jun. 2026 was 17.84%.
The historical rank and industry rank for Allstate's Net Margin % or its related term are showing as below:
HAM:ALS'
s Net Margin % Range Over the Past 10 Years
Min: -2.55 Med: 6.39 Max: 19.19
Current: 19.19
HAM:ALS's Net Margin % is ranked better than 81.6% of 500
companies
in the Insurance industry
Industry Median: 9.155
vs HAM:ALS: 19.19
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Allstate Net Margin % Related Terms
Allstate Net Margin % Historical Data
* Premium members only.
The historical data trend for Allstate's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HAM:ALS vs TRV, CINF, WRB: Net Margin % Comparison
For the Insurance - Property & Casualty subindustry, Allstate's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Allstate Net Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Allstate's Net Margin % distribution charts can be found below:
* The bar in red indicates where Allstate's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Allstate (HAM:ALS) has a Net Margin % of 17.84% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Allstate and its competitors. This is 179% above median its historical median of 6.39. According to the industry distribution chart, Allstate ranks #92 out of 500 companies in the Insurance industry, placing it in the top 18.4%.
Is Allstate's Net Margin % too high?
Allstate's current Net Margin % of 17.84% is 179% above median its 10-year median of 6.39. The Insurance industry median Net Margin % is 9.16. Allstate's value of 17.84% is 94.9% above this industry median. Based on the distribution chart, Allstate ranks #92 out of 500 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Allstate has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Allstate's Net Margin % compare to TRV and CINF?
According to the Insurance industry distribution chart, Allstate ranks #92 out of 500 companies for Net Margin %. This places Allstate in the top 18% of its industry — outperforming the majority of peers. The industry median Net Margin % is 9.16. Allstate's value of 17.84% is 94.9% above this benchmark. While the company's 10-year median is 6.39 vs. the industry median of 9.16, Allstate has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Insurance company?
The median Net Margin % among Insurance companies is 9.16, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Allstate's current Net Margin % of 17.84% is 94.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Allstate and its competitors. For the Insurance industry, the median Net Margin % is 9.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allstate's current Net Margin % is 17.84%, which is 179% above median its own 10-year median of 6.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allstate stock overvalued right now?
Based on GuruFocus' analysis, Allstate (HAM:ALS) is currently considered Modestly Overvalued. The stock's GF Value™ is €182.48, compared to a current price of €230.70 — trading 26.4% above its estimated fair value. The current Net Margin % is 17.84%, which is 179% above median its 10-year median of 6.39 and 94.9% above the Insurance industry median of 9.16. Allstate's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Allstate (HAM:ALS), the current Net Margin % is 17.84% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Allstate (HAM:ALS) Overvalued in 2026?
Based on GuruFocus' analysis, Allstate stock appears to be overvalued.
The current stock price of €230.70 is trading 26.4% above its estimated GF Value™ of €182.48.
GuruFocus considers Allstate to be Modestly Overvalued.
Key valuation signals for HAM:ALS:
Net Margin %: 17.84% (179% above median its 10-year median of 6.39)
GF Value™: €182.48 vs. price of €230.70 (26.4% above fair value)
Industry Position: 94.9% above the Insurance median (#92 of 500)
No single metric tells the full story. See the HAM:ALS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Allstate is one of the largest US property-casualty insurers in the US. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 6,000 exclusive agents.
69GF Score
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