Cincinnati Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Premiums Earned	9,983	8,889	7,958	7,225	6,478
Investment Income	1,165	1,025	894	781	714
Net Gains on Investments	1,442	1,391	1,127	-1,467	2,409
Total Other Revenues	41	32	34	24	25
Revenue	12,631	11,337	10,013	6,563	9,626
Revenue Growth (YoY)	11.41%	13.22%	52.57%	-31.82%	27.73%
Insurance Benefits & Claims	6,640	5,737	5,274	5,019	3,909
Policy Amortization Costs	2,924	2,657	2,384	2,162	1,946
Other Operating Expenses	34	32	25	23	20
Operating Income	3,033	2,911	2,330	-641	3,751
Interest Expense	-53	-53	-54	-53	-53
Total Non-Operating Income (Expense)	-53	-53	-54	-53	-53
Pretax Income	2,980	2,858	2,276	-694	3,698
Provision for Income Taxes	587	566	433	-207	730
Net Income	2,393	2,292	1,843	-487	2,968
Net Income to Common	2,393	2,292	1,843	-487	2,968
Net Income Growth	4.41%	24.36%	-	-	144.08%
Shares Outstanding (Basic)	156	156	157	159	161
Shares Outstanding (Diluted)	158	158	158	159	163
Shares Change (YoY)	-0.06%	-0.19%	-0.44%	-2.40%	0.18%
EPS (Basic)	15.32	14.65	11.74	-3.06	18.43
EPS (Diluted)	15.17	14.53	11.66	-3.06	18.43
EPS Growth	4.41%	24.61%	-	-	144.11%
Free Cash Flow	3,092	2,627	2,034	2,037	1,966
Free Cash Flow Growth	17.70%	29.15%	-0.15%	3.61%	33.65%
Free Cash Flow Per Share	19.61	16.65	12.87	12.83	12.08
Dividends Per Share	3.480	3.240	3.000	2.760	2.520
Dividend Growth	7.41%	8.00%	8.70%	9.52%	5.00%
Operating Margin	24.01%	25.68%	23.27%	-9.77%	38.97%
Profit Margin	18.95%	20.22%	18.41%	-7.42%	30.83%
FCF Margin	24.48%	23.17%	20.31%	31.04%	20.42%
EBITDA	3,201	3,041	2,442	-514	3,869
EBITDA Margin	25.34%	26.82%	24.39%	-7.83%	40.19%
EBIT	3,033	2,911	2,330	-641	3,751
EBIT Margin	24.01%	25.68%	23.27%	-9.77%	38.97%
Effective Tax Rate	19.70%	19.80%	19.02%	29.83%	19.74%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.