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Side-by-side financial comparison of Allstate (ALL) and HP Inc. (HPQ). Click either name above to swap in a different company.
Allstate is the larger business by last-quarter revenue ($16.9B vs $14.6B, roughly 1.2× HP Inc.). Allstate runs the higher net margin — 14.5% vs 5.4%, a 9.1% gap on every dollar of revenue. On growth, HP Inc. posted the faster year-over-year revenue change (4.2% vs 3.0%). Over the past eight quarters, HP Inc.'s revenue compounded faster (5.4% CAGR vs 3.8%).
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 ...
The Hewlett-Packard Company, commonly shortened to Hewlett-Packard or HP, was an American multinational information technology company. It was founded by Bill Hewlett and David Packard in 1939 in a one-car garage in Palo Alto, California. Growing to become an influential high-tech powerhouse at the heart of Silicon Valley, the company was known for its progressive business philosophy, deemed the HP Way.
ALL vs HPQ — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $16.9B | $14.6B |
| Net Profit | $2.5B | $795.0M |
| Gross Margin | — | 20.2% |
| Operating Margin | 18.3% | 6.6% |
| Net Margin | 14.5% | 5.4% |
| Revenue YoY | 3.0% | 4.2% |
| Net Profit YoY | 312.4% | -12.3% |
| EPS (diluted) | $9.25 | $0.84 |
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 | $16.9B | — | ||
| Q4 25 | $17.3B | $14.6B | ||
| Q3 25 | $17.3B | $13.9B | ||
| Q2 25 | $16.6B | $13.2B | ||
| Q1 25 | $16.5B | $13.5B | ||
| Q4 24 | $16.5B | $14.1B | ||
| Q3 24 | $16.6B | $13.5B | ||
| Q2 24 | $15.7B | $12.8B |
| Q1 26 | $2.5B | — | ||
| Q4 25 | $3.8B | $795.0M | ||
| Q3 25 | $3.7B | $763.0M | ||
| Q2 25 | $2.1B | $406.0M | ||
| Q1 25 | $595.0M | $565.0M | ||
| Q4 24 | $1.9B | $906.0M | ||
| Q3 24 | $1.2B | $640.0M | ||
| Q2 24 | $331.0M | $607.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 20.2% | ||
| Q3 25 | — | 20.5% | ||
| Q2 25 | — | 20.7% | ||
| Q1 25 | — | 21.0% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 21.5% | ||
| Q2 24 | — | 23.6% |
| Q1 26 | 18.3% | — | ||
| Q4 25 | — | 6.6% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 4.9% | ||
| Q1 25 | — | 6.3% | ||
| Q4 24 | — | 7.1% | ||
| Q3 24 | — | 7.0% | ||
| Q2 24 | — | 7.4% |
| Q1 26 | 14.5% | — | ||
| Q4 25 | 22.1% | 5.4% | ||
| Q3 25 | 21.7% | 5.5% | ||
| Q2 25 | 12.7% | 3.1% | ||
| Q1 25 | 3.6% | 4.2% | ||
| Q4 24 | 11.7% | 6.4% | ||
| Q3 24 | 7.2% | 4.7% | ||
| Q2 24 | 2.1% | 4.7% |
| Q1 26 | $9.25 | — | ||
| Q4 25 | $14.24 | $0.84 | ||
| Q3 25 | $13.95 | $0.80 | ||
| Q2 25 | $7.76 | $0.42 | ||
| Q1 25 | $2.11 | $0.59 | ||
| Q4 24 | $7.07 | $0.93 | ||
| Q3 24 | $4.33 | $0.65 | ||
| Q2 24 | $1.13 | $0.61 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $3.7B |
| Total DebtLower is stronger | — | $9.7B |
| Stockholders' EquityBook value | $31.6B | $-346.0M |
| Total Assets | $124.0B | $41.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $4.9B | $3.7B | ||
| Q3 25 | $8.7B | $2.9B | ||
| Q2 25 | $9.6B | $2.7B | ||
| Q1 25 | $6.5B | $2.9B | ||
| Q4 24 | $4.5B | $3.2B | ||
| Q3 24 | $7.0B | $2.8B | ||
| Q2 24 | $5.3B | $2.4B |
| Q1 26 | — | — | ||
| Q4 25 | $7.5B | $9.7B | ||
| Q3 25 | $8.1B | — | ||
| Q2 25 | $8.1B | — | ||
| Q1 25 | $8.1B | — | ||
| Q4 24 | $8.1B | $9.7B | ||
| Q3 24 | $8.1B | — | ||
| Q2 24 | $8.1B | — |
| Q1 26 | $31.6B | — | ||
| Q4 25 | $30.6B | $-346.0M | ||
| Q3 25 | $27.5B | $-901.0M | ||
| Q2 25 | $24.0B | $-1.3B | ||
| Q1 25 | $22.1B | $-1.1B | ||
| Q4 24 | $21.4B | $-1.3B | ||
| Q3 24 | $20.9B | $-1.4B | ||
| Q2 24 | $18.6B | $-916.0M |
| Q1 26 | $124.0B | — | ||
| Q4 25 | $119.8B | $41.8B | ||
| Q3 25 | $120.4B | $39.9B | ||
| Q2 25 | $115.9B | $38.8B | ||
| Q1 25 | $115.2B | $38.9B | ||
| Q4 24 | $111.6B | $39.9B | ||
| Q3 24 | $113.7B | $38.1B | ||
| Q2 24 | $108.4B | $37.4B |
| 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 | — | $1.6B |
| Free Cash FlowOCF − Capex | — | $1.4B |
| FCF MarginFCF / Revenue | — | 9.7% |
| Capex IntensityCapex / Revenue | — | 1.3% |
| Cash ConversionOCF / Net Profit | — | 2.04× |
| TTM Free Cash FlowTrailing 4 quarters | — | $2.8B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | $1.6B | ||
| Q3 25 | $3.3B | $1.7B | ||
| Q2 25 | $1.9B | $38.0M | ||
| Q1 25 | $2.0B | $374.0M | ||
| Q4 24 | $1.7B | $1.6B | ||
| Q3 24 | $3.2B | $1.4B | ||
| Q2 24 | $2.4B | $581.0M |
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $1.4B | ||
| Q3 25 | $3.2B | $1.4B | ||
| Q2 25 | $1.9B | $-145.0M | ||
| Q1 25 | $1.9B | $72.0M | ||
| Q4 24 | $1.7B | $1.5B | ||
| Q3 24 | $3.1B | $1.3B | ||
| Q2 24 | $2.3B | $462.0M |
| Q1 26 | — | — | ||
| Q4 25 | 16.7% | 9.7% | ||
| Q3 25 | 18.8% | 10.4% | ||
| Q2 25 | 11.3% | -1.1% | ||
| Q1 25 | 11.4% | 0.5% | ||
| Q4 24 | 10.0% | 10.5% | ||
| Q3 24 | 18.9% | 9.3% | ||
| Q2 24 | 14.7% | 3.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 1.3% | ||
| Q3 25 | 0.3% | 1.5% | ||
| Q2 25 | 0.0% | 1.4% | ||
| Q1 25 | 0.6% | 2.2% | ||
| Q4 24 | 0.3% | 1.1% | ||
| Q3 24 | 0.4% | 1.2% | ||
| Q2 24 | 0.4% | 0.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.78× | 2.04× | ||
| Q3 25 | 0.88× | 2.18× | ||
| Q2 25 | 0.89× | 0.09× | ||
| Q1 25 | 3.30× | 0.66× | ||
| Q4 24 | 0.88× | 1.79× | ||
| Q3 24 | 2.69× | 2.23× | ||
| Q2 24 | 7.13× | 0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALL
| Property and casualty insurance premiums | $15.6B | 92% |
| Other revenue | $719.0M | 4% |
| Other | $533.0M | 3% |
| Accident and health insurance premiums and contract charges | $136.0M | 1% |
HPQ
| Commercial PS | $7.0B | 48% |
| Consumer PS | $3.4B | 23% |
| Supplies | $2.8B | 19% |
| Commercial Printing | $1.2B | 8% |
| Consumer Printing | $296.0M | 2% |
| Corporate Investments | $19.0M | 0% |
