The Allstate CorporationALL
NYSE•Financial Services•Insurance - Property & Casualty
Understand cash generation quality and how management allocates capital.
Free cash flow was $3.52B in the latest quarter (88.1% increase YoY). FCF margin is 5.2%. Shares outstanding declined by 2.2% year-over-year, indicating buybacks (returning capital to shareholders). Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation