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Side-by-side financial comparison of Allstate (ALL) and Chicago Atlantic BDC, Inc. (LIEN). Click either name above to swap in a different company.

Allstate is the larger business by last-quarter revenue ($17.3B vs $2.5M, roughly 6843.2× Chicago Atlantic BDC, Inc.). Allstate runs the higher net margin — 22.1% vs -6.5%, a 28.6% gap on every dollar of revenue. On growth, Allstate posted the faster year-over-year revenue change (5.1% vs -8.0%).

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 ...

Chicago Atlantic BDC, Inc. is a publicly traded business development company that provides structured debt financing and select minority equity investments to small and mid-sized private companies across core U.S. sectors including healthcare, business services and industrial goods. It targets firms with stable operational track records to generate consistent risk-adjusted returns for its shareholders.

ALL vs LIEN — Head-to-Head

Bigger by revenue
ALL
ALL
6843.2× larger
ALL
$17.3B
$2.5M
LIEN
Growing faster (revenue YoY)
ALL
ALL
+13.1% gap
ALL
5.1%
-8.0%
LIEN
Higher net margin
ALL
ALL
28.6% more per $
ALL
22.1%
-6.5%
LIEN

Income Statement — Q4 2025 vs Q3 2024

Metric
ALL
ALL
LIEN
LIEN
Revenue
$17.3B
$2.5M
Net Profit
$3.8B
$-165.0K
Gross Margin
Operating Margin
Net Margin
22.1%
-6.5%
Revenue YoY
5.1%
-8.0%
Net Profit YoY
98.8%
93.8%
EPS (diluted)
$14.24
$-0.03

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.

Revenue
ALL
ALL
LIEN
LIEN
Q4 25
$17.3B
Q3 25
$17.3B
Q2 25
$16.6B
Q1 25
$16.5B
Q4 24
$16.5B
Q3 24
$16.6B
$2.5M
Q2 24
$15.7B
$2.6M
Q1 24
$15.3B
$2.6M
Net Profit
ALL
ALL
LIEN
LIEN
Q4 25
$3.8B
Q3 25
$3.7B
Q2 25
$2.1B
Q1 25
$595.0M
Q4 24
$1.9B
Q3 24
$1.2B
$-165.0K
Q2 24
$331.0M
$1.3M
Q1 24
$1.2B
$-1.0M
Net Margin
ALL
ALL
LIEN
LIEN
Q4 25
22.1%
Q3 25
21.7%
Q2 25
12.7%
Q1 25
3.6%
Q4 24
11.7%
Q3 24
7.2%
-6.5%
Q2 24
2.1%
50.1%
Q1 24
8.0%
-40.0%
EPS (diluted)
ALL
ALL
LIEN
LIEN
Q4 25
$14.24
Q3 25
$13.95
Q2 25
$7.76
Q1 25
$2.11
Q4 24
$7.07
Q3 24
$4.33
$-0.03
Q2 24
$1.13
$0.21
Q1 24
$4.46
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALL
ALL
LIEN
LIEN
Cash + ST InvestmentsLiquidity on hand
$4.9B
$30.1M
Total DebtLower is stronger
$7.5B
Stockholders' EquityBook value
$30.6B
$82.5M
Total Assets
$119.8B
$89.3M
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALL
ALL
LIEN
LIEN
Q4 25
$4.9B
Q3 25
$8.7B
Q2 25
$9.6B
Q1 25
$6.5B
Q4 24
$4.5B
Q3 24
$7.0B
$30.1M
Q2 24
$5.3B
$34.0M
Q1 24
$4.3B
$33.2M
Total Debt
ALL
ALL
LIEN
LIEN
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 24
$7.9B
Stockholders' Equity
ALL
ALL
LIEN
LIEN
Q4 25
$30.6B
Q3 25
$27.5B
Q2 25
$24.0B
Q1 25
$22.1B
Q4 24
$21.4B
Q3 24
$20.9B
$82.5M
Q2 24
$18.6B
$84.3M
Q1 24
$18.6B
$84.5M
Total Assets
ALL
ALL
LIEN
LIEN
Q4 25
$119.8B
Q3 25
$120.4B
Q2 25
$115.9B
Q1 25
$115.2B
Q4 24
$111.6B
Q3 24
$113.7B
$89.3M
Q2 24
$108.4B
$90.1M
Q1 24
$105.2B
$90.4M
Debt / Equity
ALL
ALL
LIEN
LIEN
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×
Q1 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
ALL
ALL
LIEN
LIEN
Operating Cash FlowLast quarter
$3.0B
$-2.3M
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.

Operating Cash Flow
ALL
ALL
LIEN
LIEN
Q4 25
$3.0B
Q3 25
$3.3B
Q2 25
$1.9B
Q1 25
$2.0B
Q4 24
$1.7B
Q3 24
$3.2B
$-2.3M
Q2 24
$2.4B
$2.5M
Q1 24
$1.7B
$2.1M
Free Cash Flow
ALL
ALL
LIEN
LIEN
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
FCF Margin
ALL
ALL
LIEN
LIEN
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%
Capex Intensity
ALL
ALL
LIEN
LIEN
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%
Cash Conversion
ALL
ALL
LIEN
LIEN
Q4 25
0.78×
Q3 25
0.88×
Q2 25
0.89×
Q1 25
3.30×
Q4 24
0.88×
Q3 24
2.69×
Q2 24
7.13×
1.92×
Q1 24
1.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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