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Side-by-side financial comparison of Allstate (ALL) and Garmin (GRMN). Click either name above to swap in a different company.
Garmin is the larger business by last-quarter revenue ($1.8B vs $922.0M, roughly 1.9× Allstate). Allstate runs the higher net margin — 266.6% vs 23.1%, a 243.5% gap on every dollar of revenue. On growth, Garmin posted the faster year-over-year revenue change (14.0% vs 7.2%). Over the past eight quarters, Garmin's revenue compounded faster (7.9% CAGR vs -75.8%).
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal ...
Garmin Ltd. is an American multinational technology company based in Olathe, Kansas. The company designs, develops, manufactures, markets, and distributes GPS-enabled products and other navigation, communication, sensor-based, and information products to the automotive, aviation, marine, outdoors, and sport markets.
ALL vs GRMN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $922.0M | $1.8B |
| Net Profit | $2.5B | $405.1M |
| Gross Margin | — | 59.4% |
| Operating Margin | -1400.3% | 24.6% |
| Net Margin | 266.6% | 23.1% |
| Revenue YoY | 7.2% | 14.0% |
| Net Profit YoY | — | 21.7% |
| EPS (diluted) | $9.25 | $2.09 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $922.0M | $1.8B | ||
| Q4 25 | $17.3B | $2.1B | ||
| Q3 25 | $17.3B | $1.8B | ||
| Q2 25 | $16.6B | $1.8B | ||
| Q1 25 | $16.5B | $1.5B | ||
| Q4 24 | $16.5B | $1.8B | ||
| Q3 24 | $16.6B | $1.6B | ||
| Q2 24 | $15.7B | $1.5B |
| Q1 26 | $2.5B | $405.1M | ||
| Q4 25 | $3.8B | $528.7M | ||
| Q3 25 | $3.7B | $401.6M | ||
| Q2 25 | $2.1B | $400.8M | ||
| Q1 25 | $595.0M | $332.8M | ||
| Q4 24 | $1.9B | $435.7M | ||
| Q3 24 | $1.2B | $399.1M | ||
| Q2 24 | $331.0M | $300.6M |
| Q1 26 | — | 59.4% | ||
| Q4 25 | — | 59.2% | ||
| Q3 25 | — | 59.1% | ||
| Q2 25 | — | 58.8% | ||
| Q1 25 | — | 57.6% | ||
| Q4 24 | — | 59.3% | ||
| Q3 24 | — | 60.0% | ||
| Q2 24 | — | 57.3% |
| Q1 26 | -1400.3% | 24.6% | ||
| Q4 25 | — | 28.9% | ||
| Q3 25 | — | 25.8% | ||
| Q2 25 | — | 26.0% | ||
| Q1 25 | — | 21.7% | ||
| Q4 24 | — | 28.3% | ||
| Q3 24 | — | 27.6% | ||
| Q2 24 | — | 22.7% |
| Q1 26 | 266.6% | 23.1% | ||
| Q4 25 | 22.1% | 24.9% | ||
| Q3 25 | 21.7% | 22.7% | ||
| Q2 25 | 12.7% | 22.1% | ||
| Q1 25 | 3.6% | 21.7% | ||
| Q4 24 | 11.7% | 23.9% | ||
| Q3 24 | 7.2% | 25.2% | ||
| Q2 24 | 2.1% | 20.0% |
| Q1 26 | $9.25 | $2.09 | ||
| Q4 25 | $14.24 | $2.72 | ||
| Q3 25 | $13.95 | $2.08 | ||
| Q2 25 | $7.76 | $2.07 | ||
| Q1 25 | $2.11 | $1.72 | ||
| Q4 24 | $7.07 | $2.24 | ||
| Q3 24 | $4.33 | $2.07 | ||
| Q2 24 | $1.13 | $1.56 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $2.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $31.6B | — |
| Total Assets | $124.0B | $11.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.3B | ||
| Q4 25 | $4.9B | $2.3B | ||
| Q3 25 | $8.7B | $2.1B | ||
| Q2 25 | $9.6B | $2.1B | ||
| Q1 25 | $6.5B | $2.2B | ||
| Q4 24 | $4.5B | $2.1B | ||
| Q3 24 | $7.0B | $2.0B | ||
| Q2 24 | $5.3B | $1.9B |
| Q1 26 | — | — | ||
| Q4 25 | $7.5B | — | ||
| Q3 25 | $8.1B | — | ||
| Q2 25 | $8.1B | — | ||
| Q1 25 | $8.1B | — | ||
| Q4 24 | $8.1B | — | ||
| Q3 24 | $8.1B | — | ||
| Q2 24 | $8.1B | — |
| Q1 26 | $31.6B | — | ||
| Q4 25 | $30.6B | $9.0B | ||
| Q3 25 | $27.5B | $8.5B | ||
| Q2 25 | $24.0B | $8.1B | ||
| Q1 25 | $22.1B | $8.2B | ||
| Q4 24 | $21.4B | $7.8B | ||
| Q3 24 | $20.9B | $7.5B | ||
| Q2 24 | $18.6B | $7.0B |
| Q1 26 | $124.0B | $11.0B | ||
| Q4 25 | $119.8B | $11.0B | ||
| Q3 25 | $120.4B | $10.5B | ||
| Q2 25 | $115.9B | $10.3B | ||
| Q1 25 | $115.2B | $9.8B | ||
| Q4 24 | $111.6B | $9.6B | ||
| Q3 24 | $113.7B | $9.3B | ||
| Q2 24 | $108.4B | $8.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.24× | — | ||
| Q3 25 | 0.29× | — | ||
| Q2 25 | 0.34× | — | ||
| Q1 25 | 0.37× | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.43× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $536.0M |
| Free Cash FlowOCF − Capex | — | $469.4M |
| FCF MarginFCF / Revenue | — | 26.8% |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.32× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $536.0M | ||
| Q4 25 | $3.0B | $553.8M | ||
| Q3 25 | $3.3B | $485.6M | ||
| Q2 25 | $1.9B | $173.2M | ||
| Q1 25 | $2.0B | $420.8M | ||
| Q4 24 | $1.7B | $483.9M | ||
| Q3 24 | $3.2B | $258.0M | ||
| Q2 24 | $2.4B | $255.3M |
| Q1 26 | — | $469.4M | ||
| Q4 25 | $2.9B | $429.6M | ||
| Q3 25 | $3.2B | $425.1M | ||
| Q2 25 | $1.9B | $127.5M | ||
| Q1 25 | $1.9B | $380.7M | ||
| Q4 24 | $1.7B | $399.2M | ||
| Q3 24 | $3.1B | $219.4M | ||
| Q2 24 | $2.3B | $218.2M |
| Q1 26 | — | 26.8% | ||
| Q4 25 | 16.7% | 20.2% | ||
| Q3 25 | 18.8% | 24.0% | ||
| Q2 25 | 11.3% | 7.0% | ||
| Q1 25 | 11.4% | 24.8% | ||
| Q4 24 | 10.0% | 21.9% | ||
| Q3 24 | 18.9% | 13.8% | ||
| Q2 24 | 14.7% | 14.5% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 5.8% | ||
| Q3 25 | 0.3% | 3.4% | ||
| Q2 25 | 0.0% | 2.5% | ||
| Q1 25 | 0.6% | 2.6% | ||
| Q4 24 | 0.3% | 4.6% | ||
| Q3 24 | 0.4% | 2.4% | ||
| Q2 24 | 0.4% | 2.5% |
| Q1 26 | — | 1.32× | ||
| Q4 25 | 0.78× | 1.05× | ||
| Q3 25 | 0.88× | 1.21× | ||
| Q2 25 | 0.89× | 0.43× | ||
| Q1 25 | 3.30× | 1.26× | ||
| Q4 24 | 0.88× | 1.11× | ||
| Q3 24 | 2.69× | 0.65× | ||
| Q2 24 | 7.13× | 0.85× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
