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Side-by-side financial comparison of Allstate (ALL) and Investcorp Credit Management BDC, Inc. (ICMB). Click either name above to swap in a different company.
Allstate is the larger business by last-quarter revenue ($17.3B vs $3.5M, roughly 5023.5× Investcorp Credit Management BDC, Inc.). Allstate runs the higher net margin — 22.1% vs -271.1%, a 293.2% gap on every dollar of revenue. Over the past eight quarters, Allstate's revenue compounded faster (6.6% CAGR vs -18.2%).
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 ...
Investcorp Credit Management BDC, Inc. is a publicly traded business development company that primarily provides customized credit solutions, including senior secured loans and debt financing, to middle-market enterprises across the United States. It targets underserved segments of the private credit market to deliver consistent risk-adjusted returns to its investors.
ALL vs ICMB — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $17.3B | $3.5M |
| Net Profit | $3.8B | $-9.4M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 22.1% | -271.1% |
| Revenue YoY | 5.1% | — |
| Net Profit YoY | 98.8% | — |
| EPS (diluted) | $14.24 | $-0.64 |
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.
| Q4 25 | $17.3B | $3.5M | ||
| Q3 25 | $17.3B | $3.9M | ||
| Q2 25 | $16.6B | $3.8M | ||
| Q1 25 | $16.5B | $3.5M | ||
| Q4 24 | $16.5B | — | ||
| Q3 24 | $16.6B | $4.7M | ||
| Q2 24 | $15.7B | $4.1M | ||
| Q1 24 | $15.3B | $5.6M |
| Q4 25 | $3.8B | $-9.4M | ||
| Q3 25 | $3.7B | $-1.3M | ||
| Q2 25 | $2.1B | $-434.3K | ||
| Q1 25 | $595.0M | $2.2M | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.2B | $6.6M | ||
| Q2 24 | $331.0M | $-2.0M | ||
| Q1 24 | $1.2B | $2.4M |
| Q4 25 | 22.1% | -271.1% | ||
| Q3 25 | 21.7% | -32.4% | ||
| Q2 25 | 12.7% | -11.5% | ||
| Q1 25 | 3.6% | 63.0% | ||
| Q4 24 | 11.7% | — | ||
| Q3 24 | 7.2% | 141.3% | ||
| Q2 24 | 2.1% | -47.9% | ||
| Q1 24 | 8.0% | 43.1% |
| Q4 25 | $14.24 | $-0.64 | ||
| Q3 25 | $13.95 | $-0.09 | ||
| Q2 25 | $7.76 | $-0.03 | ||
| Q1 25 | $2.11 | $0.15 | ||
| Q4 24 | $7.07 | — | ||
| Q3 24 | $4.33 | $0.46 | ||
| Q2 24 | $1.13 | $-0.13 | ||
| Q1 24 | $4.46 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.9B | $4.6M |
| Total DebtLower is stronger | $7.5B | $123.9M |
| Stockholders' EquityBook value | $30.6B | $61.3M |
| Total Assets | $119.8B | $188.8M |
| Debt / EquityLower = less leverage | 0.24× | 2.02× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.9B | $4.6M | ||
| Q3 25 | $8.7B | — | ||
| Q2 25 | $9.6B | — | ||
| Q1 25 | $6.5B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $7.0B | — | ||
| Q2 24 | $5.3B | $158.8K | ||
| Q1 24 | $4.3B | — |
| Q4 25 | $7.5B | $123.9M | ||
| Q3 25 | $8.1B | $128.5M | ||
| Q2 25 | $8.1B | $135.5M | ||
| Q1 25 | $8.1B | $121.0M | ||
| Q4 24 | $8.1B | — | ||
| Q3 24 | $8.1B | $112.5M | ||
| Q2 24 | $8.1B | $108.0M | ||
| Q1 24 | $7.9B | $122.5M |
| Q4 25 | $30.6B | $61.3M | ||
| Q3 25 | $27.5B | $72.7M | ||
| Q2 25 | $24.0B | $76.0M | ||
| Q1 25 | $22.1B | $78.1M | ||
| Q4 24 | $21.4B | — | ||
| Q3 24 | $20.9B | $79.9M | ||
| Q2 24 | $18.6B | $75.0M | ||
| Q1 24 | $18.6B | $79.1M |
| Q4 25 | $119.8B | $188.8M | ||
| Q3 25 | $120.4B | $210.6M | ||
| Q2 25 | $115.9B | $224.1M | ||
| Q1 25 | $115.2B | $207.6M | ||
| Q4 24 | $111.6B | — | ||
| Q3 24 | $113.7B | $203.0M | ||
| Q2 24 | $108.4B | $192.2M | ||
| Q1 24 | $105.2B | $210.0M |
| Q4 25 | 0.24× | 2.02× | ||
| Q3 25 | 0.29× | 1.77× | ||
| Q2 25 | 0.34× | 1.78× | ||
| Q1 25 | 0.37× | 1.55× | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | 0.39× | 1.41× | ||
| Q2 24 | 0.43× | 1.44× | ||
| Q1 24 | 0.43× | 1.55× |
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 | $3.0B | $12.0M |
| Free Cash FlowOCF − Capex | $2.9B | — |
| FCF MarginFCF / Revenue | 16.7% | — |
| Capex IntensityCapex / Revenue | 0.5% | — |
| Cash ConversionOCF / Net Profit | 0.78× | — |
| TTM Free Cash FlowTrailing 4 quarters | $9.9B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0B | $12.0M | ||
| Q3 25 | $3.3B | $1.3M | ||
| Q2 25 | $1.9B | $-6.7M | ||
| Q1 25 | $2.0B | $5.1M | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $3.2B | $481.7K | ||
| Q2 24 | $2.4B | $11.0M | ||
| Q1 24 | $1.7B | $13.9M |
| Q4 25 | $2.9B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $2.3B | — | ||
| Q1 24 | $1.6B | — |
| Q4 25 | 16.7% | — | ||
| Q3 25 | 18.8% | — | ||
| Q2 25 | 11.3% | — | ||
| Q1 25 | 11.4% | — | ||
| Q4 24 | 10.0% | — | ||
| Q3 24 | 18.9% | — | ||
| Q2 24 | 14.7% | — | ||
| Q1 24 | 10.6% | — |
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 0.3% | — |
| Q4 25 | 0.78× | — | ||
| Q3 25 | 0.88× | — | ||
| Q2 25 | 0.89× | — | ||
| Q1 25 | 3.30× | 2.31× | ||
| Q4 24 | 0.88× | — | ||
| Q3 24 | 2.69× | 0.07× | ||
| Q2 24 | 7.13× | — | ||
| Q1 24 | 1.37× | 5.76× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
