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Side-by-side financial comparison of Allstate (ALL) and MESABI TRUST (MSB). Click either name above to swap in a different company.

Allstate is the larger business by last-quarter revenue ($17.3B vs $3.6M, roughly 4830.9× MESABI TRUST). MESABI TRUST runs the higher net margin — 77.1% vs 22.1%, a 55.0% gap on every dollar of revenue. On growth, Allstate posted the faster year-over-year revenue change (5.1% vs -95.5%). Over the past eight quarters, Allstate's revenue compounded faster (6.6% CAGR vs -24.1%).

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 ...

Mesabi Trust is a United States-based royalty trust that holds permanent royalty interests in iron ore mining properties located in Minnesota's Mesabi Range. It earns revenue primarily from royalty payments tied to the production and sale of iron ore products, with core earnings sourced from active mining partners operating on the land it holds interests in, catering to the global steel manufacturing market.

ALL vs MSB — Head-to-Head

Bigger by revenue
ALL
ALL
4830.9× larger
ALL
$17.3B
$3.6M
MSB
Growing faster (revenue YoY)
ALL
ALL
+100.5% gap
ALL
5.1%
-95.5%
MSB
Higher net margin
MSB
MSB
55.0% more per $
MSB
77.1%
22.1%
ALL
Faster 2-yr revenue CAGR
ALL
ALL
Annualised
ALL
6.6%
-24.1%
MSB

Income Statement — Q4 2025 vs Q3 2026

Metric
ALL
ALL
MSB
MSB
Revenue
$17.3B
$3.6M
Net Profit
$3.8B
$2.8M
Gross Margin
77.1%
Operating Margin
Net Margin
22.1%
77.1%
Revenue YoY
5.1%
-95.5%
Net Profit YoY
98.8%
-96.5%
EPS (diluted)
$14.24

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
MSB
MSB
Q4 25
$17.3B
$3.6M
Q3 25
$17.3B
$5.6M
Q2 25
$16.6B
$4.7M
Q1 25
$16.5B
$6.9M
Q4 24
$16.5B
$79.0M
Q3 24
$16.6B
$6.5M
Q2 24
$15.7B
$6.3M
Q1 24
$15.3B
$6.2M
Net Profit
ALL
ALL
MSB
MSB
Q4 25
$3.8B
$2.8M
Q3 25
$3.7B
$4.7M
Q2 25
$2.1B
$3.6M
Q1 25
$595.0M
$6.1M
Q4 24
$1.9B
$78.3M
Q3 24
$1.2B
$5.4M
Q2 24
$331.0M
$3.5M
Q1 24
$1.2B
$4.7M
Gross Margin
ALL
ALL
MSB
MSB
Q4 25
77.1%
Q3 25
84.6%
Q2 25
76.7%
Q1 25
88.5%
Q4 24
99.1%
Q3 24
83.2%
Q2 24
55.7%
Q1 24
75.3%
Net Margin
ALL
ALL
MSB
MSB
Q4 25
22.1%
77.1%
Q3 25
21.7%
84.6%
Q2 25
12.7%
76.7%
Q1 25
3.6%
88.5%
Q4 24
11.7%
99.1%
Q3 24
7.2%
83.2%
Q2 24
2.1%
55.7%
Q1 24
8.0%
75.3%
EPS (diluted)
ALL
ALL
MSB
MSB
Q4 25
$14.24
Q3 25
$13.95
Q2 25
$7.76
Q1 25
$2.11
Q4 24
$7.07
Q3 24
$4.33
Q2 24
$1.13
Q1 24
$4.46

Balance Sheet & Financial Strength

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

Metric
ALL
ALL
MSB
MSB
Cash + ST InvestmentsLiquidity on hand
$4.9B
Total DebtLower is stronger
$7.5B
Stockholders' EquityBook value
$30.6B
$21.1M
Total Assets
$119.8B
$26.0M
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALL
ALL
MSB
MSB
Q4 25
$4.9B
Q3 25
$8.7B
Q2 25
$9.6B
Q1 25
$6.5B
Q4 24
$4.5B
Q3 24
$7.0B
Q2 24
$5.3B
Q1 24
$4.3B
Total Debt
ALL
ALL
MSB
MSB
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
MSB
MSB
Q4 25
$30.6B
$21.1M
Q3 25
$27.5B
$22.8M
Q2 25
$24.0B
$19.6M
Q1 25
$22.1B
$23.3M
Q4 24
$21.4B
$95.3M
Q3 24
$20.9B
$22.1M
Q2 24
$18.6B
$20.7M
Q1 24
$18.6B
$21.0M
Total Assets
ALL
ALL
MSB
MSB
Q4 25
$119.8B
$26.0M
Q3 25
$120.4B
$24.8M
Q2 25
$115.9B
$27.4M
Q1 25
$115.2B
$101.7M
Q4 24
$111.6B
$100.7M
Q3 24
$113.7B
$26.2M
Q2 24
$108.4B
$25.1M
Q1 24
$105.2B
$26.7M
Debt / Equity
ALL
ALL
MSB
MSB
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
MSB
MSB
Operating Cash FlowLast quarter
$3.0B
$3.5M
Free Cash FlowOCF − Capex
$2.9B
FCF MarginFCF / Revenue
16.7%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
0.78×
1.27×
TTM Free Cash FlowTrailing 4 quarters
$9.9B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALL
ALL
MSB
MSB
Q4 25
$3.0B
$3.5M
Q3 25
$3.3B
$4.4M
Q2 25
$1.9B
$2.1M
Q1 25
$2.0B
$9.4M
Q4 24
$1.7B
$78.2M
Q3 24
$3.2B
$3.8M
Q2 24
$2.4B
$2.5M
Q1 24
$1.7B
$5.7M
Free Cash Flow
ALL
ALL
MSB
MSB
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
MSB
MSB
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
MSB
MSB
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
MSB
MSB
Q4 25
0.78×
1.27×
Q3 25
0.88×
0.92×
Q2 25
0.89×
0.57×
Q1 25
3.30×
1.55×
Q4 24
0.88×
1.00×
Q3 24
2.69×
0.71×
Q2 24
7.13×
0.72×
Q1 24
1.37×
1.21×

Financial Flow Comparison

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

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