American Financial Group (AFG) vs Allstate (ALL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Allstate (ALL) has outperformed American Financial Group (AFG) over the past year, gaining 6.1% versus a loss of 5.3%. Over five years, ALL leads with a +77.3% price change compared with +4.5% for AFG. Allstate is the larger company by market cap ($56.63 billion vs $11.53 billion), about 4.9 times the size.
On valuation, Allstate trades at a lower forward P/E (8.0x vs 11.5x for American Financial Group). American Financial Group offers the higher dividend yield (2.53% vs 1.86%). Allstate converts more of its revenue into profit, with a net margin of 15.2% versus 10.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AFG | ALL |
|---|---|---|
| Share price | $139.02 | $223.95 |
| Market cap | $11.53B | $56.63B |
| 1-day change | -0.75% | -0.14% |
| YTD return | +1.71% | +7.98% |
| 1-year return | -5.33% | +6.13% |
| 5-year return | +4.51% | +77.32% |
| P/E ratio (TTM) | 12.15 | 4.48 |
| Forward P/E | 11.49 | 8.01 |
| EPS (TTM) | $11.44 | $49.98 |
| Dividend yield | 2.53% | 1.86% |
| Annual dividend | $3.52 | $4.16 |
| Revenue (latest FY) | $8.17B | $67.69B |
| Revenue growth (YoY) | -1.80% | +5.58% |
| Net income (latest FY) | $842.00M | $10.28B |
| Operating margin | 13.13% | — |
| Net margin | 10.30% | 15.19% |
| 52-week high | $148.71 | $277.22 |
| 52-week low | $123.09 | $188.08 |
| Distance from 52-week high | -6.52% | -19.22% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +12.09% | +20.91% |
| Average volume | 386.63K | 1.89M |
| Shares outstanding | 82.92M | 252.86M |
| Employees | 8,500 | 53,000 |
| Sector | Finance | Finance |
| Industry | Property-Casualty Insurers | Property-Casualty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Allstate is about 4.9 times larger than American Financial Group by market value ($56.63B vs $11.53B).
- ALL has outperformed AFG by 11.5 percentage points over the past year.
- American Financial Group trades at a higher earnings multiple (12.2x vs 4.5x trailing P/E).
- Allstate grew revenue faster in its latest fiscal year (+5.58% vs -1.80%).
About American Financial Group
AFG stock →American Financial Group, Inc., an insurance holding company, provides property and casualty insurance products in the United States. It operates through Property and Casualty Insurance and Other segments.
Finance · Property-Casualty Insurers · 8,500 employees
About Allstate
ALL stock →The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in four segments: Allstate Protection; Run-off Property-Liability; Protection Services; and Corporate and Other.
Finance · Property-Casualty Insurers · 53,000 employees
AFG vs ALL FAQ
Which is bigger, American Financial Group or Allstate?
Allstate (ALL) is larger, with a market capitalization of $56.63B compared with $11.53B for American Financial Group (AFG).
Which stock has performed better over the past year, AFG or ALL?
ALL returned +6.13% over the past 12 months, compared with -5.33% for AFG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AFG or ALL?
ALL has the lower trailing P/E at 4.5, versus 12.2 for AFG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, American Financial Group or Allstate?
American Financial Group has the higher yield at 2.53%, compared with 1.86% for Allstate.
Are American Financial Group and Allstate in the same industry?
Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.