FFilingSight

Allstate Corp. (ALL) 10-K Red Flags

Risk signals extracted deterministically from Allstate Corp.’s SEC 10-K/10-Q XBRL filings — no LLM, every finding cites the underlying data.

Detected red flags (13)

  • Earnings-cash flow divergence: Net income grew +85.4% while operating cash flow declined -17.4%. This divergence may indicate accrual-based earnings inflation — non-cash gains, aggressive revenue recognition, or working capital absorption. The accrual ratio (NI − OCF) is deteriorating.
  • Going concern doubt: The term "going concern" appears in 4 recent filing(s) (vs 1 in the prior period). This risk language is ongoing.
  • Material weakness in internal controls: The term "material weakness" appears in 19 recent filing(s) (vs 2 in the prior period). This risk language is ongoing.
  • NEW: Substantial doubt about ability to continue in latest filing: The term "substantial doubt" "ability to continue" appears in recent 10-K/10-Q filings but was NOT present in the prior 24-month period. This is a new risk disclosure that warrants attention. Found in 1 filing(s).
  • NEW: Restatement of financial statements in latest filing: The term "restate" "financial statements" appears in recent 10-K/10-Q filings but was NOT present in the prior 24-month period. This is a new risk disclosure that warrants attention. Found in 1 filing(s).
  • Endogenous analysis: "Material weakness in internal controls" combined with earnings-cash flow divergence is especially concerning — it suggests the reported earnings may not be reliable due to control deficiencies, and the cash flow shortfall may be masking underlying issues.
  • 20 disclosure(s) dropped from prior year — reduced reporting granularity.
  • 2 new risk-language term(s) detected in filing text: Substantial doubt about ability to continue, Restatement of financial statements.
  • Ongoing high-severity risk language: Going concern doubt, Material weakness in internal controls.
  • Composite risk: Elevated.
  • Leverage debt/equity 0.24 (low).
  • Earnings-cash flow divergence: Net income grew +85.4% while operating cash flow declined -17.4%. This divergence may indicate accrual-based earnings inflation — non-cash gains, aggressive revenue recognition, or working capital absorption. The accrual ratio (NI − OCF) is deteriorating.
  • Going concern doubt: The term "going concern" appears in 4 recent filing(s) (vs 1 in the prior period). This risk language is ongoing.

Filings & ownership

  • Latest annual report (10-K) filed Feb 20, 2026.
  • Latest quarterly report (10-Q) filed Apr 29, 2026.
  • 13 recent 8-K material-event filings in the index.
  • Recent insider Form 4s: 0 buy vs 1 sell transactions — net selling $451.5K.
  • ~10,000+ recent 13F-HR filings reference Allstate Corp.; broad institutional reporting.
  • Recent filers include HomeField Capital, L.P., SCOTT & STRINGFELLOW FINANCIAL INC, MASTERS CAPITAL MANAGEMENT LLC.
  • 20 recent 13G passive institutional ownership notices.

Full ALL analyst report

Valuation (DCF & Graham), technicals, macro exposure, risk scorecard and 13F/13D ownership.

View full report →

Not investment advice. FilingSight is an automated analytical research tool, not a registered investment advisor. Ratings and scores are quantitative analytical classifications, not buy or sell recommendations. Nothing here is personalized to your circumstances. Investing involves risk of loss — consult a licensed professional. See full disclosures.