vs
Side-by-side financial comparison of Allstate (ALL) and MGIC INVESTMENT CORP (MTG). Click either name above to swap in a different company.
Allstate is the larger business by last-quarter revenue ($17.3B vs $298.7M, roughly 58.1× MGIC INVESTMENT CORP). MGIC INVESTMENT CORP runs the higher net margin — 56.7% vs 22.1%, a 34.6% gap on every dollar of revenue. On growth, Allstate posted the faster year-over-year revenue change (5.1% vs -0.9%). Allstate produced more free cash flow last quarter ($2.9B vs $230.2M). Over the past eight quarters, Allstate's revenue compounded faster (6.6% CAGR vs 0.7%).
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 ...
MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.
ALL vs MTG — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $17.3B | $298.7M |
| Net Profit | $3.8B | $169.3M |
| Gross Margin | — | — |
| Operating Margin | — | 71.2% |
| Net Margin | 22.1% | 56.7% |
| Revenue YoY | 5.1% | -0.9% |
| Net Profit YoY | 98.8% | -8.3% |
| EPS (diluted) | $14.24 | $0.75 |
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 | $298.7M | ||
| Q3 25 | $17.3B | $304.5M | ||
| Q2 25 | $16.6B | $304.2M | ||
| Q1 25 | $16.5B | $306.2M | ||
| Q4 24 | $16.5B | $301.4M | ||
| Q3 24 | $16.6B | $306.6M | ||
| Q2 24 | $15.7B | $305.3M | ||
| Q1 24 | $15.3B | $294.4M |
| Q4 25 | $3.8B | $169.3M | ||
| Q3 25 | $3.7B | $191.1M | ||
| Q2 25 | $2.1B | $192.5M | ||
| Q1 25 | $595.0M | $185.5M | ||
| Q4 24 | $1.9B | $184.7M | ||
| Q3 24 | $1.2B | $200.0M | ||
| Q2 24 | $331.0M | $204.2M | ||
| Q1 24 | $1.2B | $174.1M |
| Q4 25 | — | 71.2% | ||
| Q3 25 | — | 77.2% | ||
| Q2 25 | — | 80.9% | ||
| Q1 25 | — | 76.6% | ||
| Q4 24 | — | 77.9% | ||
| Q3 24 | — | 82.9% | ||
| Q2 24 | — | 85.1% | ||
| Q1 24 | — | 74.7% |
| Q4 25 | 22.1% | 56.7% | ||
| Q3 25 | 21.7% | 62.8% | ||
| Q2 25 | 12.7% | 63.3% | ||
| Q1 25 | 3.6% | 60.6% | ||
| Q4 24 | 11.7% | 61.3% | ||
| Q3 24 | 7.2% | 65.2% | ||
| Q2 24 | 2.1% | 66.9% | ||
| Q1 24 | 8.0% | 59.1% |
| Q4 25 | $14.24 | $0.75 | ||
| Q3 25 | $13.95 | $0.83 | ||
| Q2 25 | $7.76 | $0.81 | ||
| Q1 25 | $2.11 | $0.75 | ||
| Q4 24 | $7.07 | $0.71 | ||
| Q3 24 | $4.33 | $0.77 | ||
| Q2 24 | $1.13 | $0.77 | ||
| Q1 24 | $4.46 | $0.64 |
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 | $369.0M |
| Total DebtLower is stronger | $7.5B | — |
| Stockholders' EquityBook value | $30.6B | $5.1B |
| Total Assets | $119.8B | $6.6B |
| Debt / EquityLower = less leverage | 0.24× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.9B | $369.0M | ||
| Q3 25 | $8.7B | $266.9M | ||
| Q2 25 | $9.6B | $294.9M | ||
| Q1 25 | $6.5B | $207.0M | ||
| Q4 24 | $4.5B | $229.5M | ||
| Q3 24 | $7.0B | $288.6M | ||
| Q2 24 | $5.3B | $281.8M | ||
| Q1 24 | $4.3B | $431.3M |
| 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 | — |
| Q4 25 | $30.6B | $5.1B | ||
| Q3 25 | $27.5B | $5.2B | ||
| Q2 25 | $24.0B | $5.2B | ||
| Q1 25 | $22.1B | $5.1B | ||
| Q4 24 | $21.4B | $5.2B | ||
| Q3 24 | $20.9B | $5.3B | ||
| Q2 24 | $18.6B | $5.1B | ||
| Q1 24 | $18.6B | $5.1B |
| Q4 25 | $119.8B | $6.6B | ||
| Q3 25 | $120.4B | $6.6B | ||
| Q2 25 | $115.9B | $6.5B | ||
| Q1 25 | $115.2B | $6.5B | ||
| Q4 24 | $111.6B | $6.5B | ||
| Q3 24 | $113.7B | $6.7B | ||
| Q2 24 | $108.4B | $6.5B | ||
| Q1 24 | $105.2B | $6.5B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.0B | $230.8M |
| Free Cash FlowOCF − Capex | $2.9B | $230.2M |
| FCF MarginFCF / Revenue | 16.7% | 77.1% |
| Capex IntensityCapex / Revenue | 0.5% | 0.2% |
| Cash ConversionOCF / Net Profit | 0.78× | 1.36× |
| TTM Free Cash FlowTrailing 4 quarters | $9.9B | $851.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0B | $230.8M | ||
| Q3 25 | $3.3B | $215.4M | ||
| Q2 25 | $1.9B | $183.0M | ||
| Q1 25 | $2.0B | $223.7M | ||
| Q4 24 | $1.7B | $182.4M | ||
| Q3 24 | $3.2B | $182.9M | ||
| Q2 24 | $2.4B | $169.2M | ||
| Q1 24 | $1.7B | $190.5M |
| Q4 25 | $2.9B | $230.2M | ||
| Q3 25 | $3.2B | $215.1M | ||
| Q2 25 | $1.9B | $183.0M | ||
| Q1 25 | $1.9B | $223.5M | ||
| Q4 24 | $1.7B | $181.9M | ||
| Q3 24 | $3.1B | $182.5M | ||
| Q2 24 | $2.3B | $169.0M | ||
| Q1 24 | $1.6B | — |
| Q4 25 | 16.7% | 77.1% | ||
| Q3 25 | 18.8% | 70.6% | ||
| Q2 25 | 11.3% | 60.1% | ||
| Q1 25 | 11.4% | 73.0% | ||
| Q4 24 | 10.0% | 60.3% | ||
| Q3 24 | 18.9% | 59.5% | ||
| Q2 24 | 14.7% | 55.3% | ||
| Q1 24 | 10.6% | — |
| Q4 25 | 0.5% | 0.2% | ||
| Q3 25 | 0.3% | 0.1% | ||
| Q2 25 | 0.0% | 0.0% | ||
| Q1 25 | 0.6% | 0.0% | ||
| Q4 24 | 0.3% | 0.2% | ||
| Q3 24 | 0.4% | 0.1% | ||
| Q2 24 | 0.4% | 0.1% | ||
| Q1 24 | 0.3% | 0.0% |
| Q4 25 | 0.78× | 1.36× | ||
| Q3 25 | 0.88× | 1.13× | ||
| Q2 25 | 0.89× | 0.95× | ||
| Q1 25 | 3.30× | 1.21× | ||
| Q4 24 | 0.88× | 0.99× | ||
| Q3 24 | 2.69× | 0.91× | ||
| Q2 24 | 7.13× | 0.83× | ||
| Q1 24 | 1.37× | 1.09× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
