Cincinnati Financial Corporation (BIT:1CINF)

Cincinnati Financial Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Premiums Earned	8,889	7,958	7,225	6,478	5,980
Investment Income	1,025	894	781	714	670
Net Gains on Investments	1,391	1,127	-1,467	2,409	865
Total Other Revenues	32	34	24	25	21
Revenue	11,337	10,013	6,563	9,626	7,536
Revenue Growth (YoY)	13.22%	52.57%	-31.82%	27.73%	-4.90%
Insurance Benefits & Claims	5,737	5,274	5,019	3,909	4,134
Policy Amortization Costs	2,657	2,384	2,162	1,946	1,829
Other Operating Expenses	32	25	23	20	20
Operating Income	2,911	2,330	-641	3,751	1,553
Interest Expense	-53	-54	-53	-53	-54
Total Non-Operating Income (Expense)	-53	-54	-53	-53	-54
Pretax Income	2,858	2,276	-694	3,698	1,499
Provision for Income Taxes	566	433	-207	730	283
Net Income	2,292	1,843	-487	2,968	1,216
Net Income to Common	2,292	1,843	-487	2,968	1,216
Net Income Growth	24.36%	-	-	144.08%	-39.11%
Shares Outstanding (Basic)	156	157	159	161	161
Shares Outstanding (Diluted)	158	158	159	163	162
Shares Change (YoY)	-0.19%	-0.44%	-2.40%	0.18%	-1.64%
EPS (Basic)	14.65	11.74	-3.06	18.43	7.55
EPS (Diluted)	14.53	11.66	-3.06	18.24	7.49
EPS Growth	24.61%	-	-	143.52%	-38.10%
Free Cash Flow	2,627	2,034	2,037	1,966	1,471
Free Cash Flow Growth	29.15%	-0.15%	3.61%	33.65%	24.24%
Free Cash Flow Per Share	16.65	12.87	12.83	12.08	9.06
Dividends Per Share	3.240	3.000	2.760	2.520	2.400
Dividend Growth	8.00%	8.70%	9.52%	5.00%	7.14%
Operating Margin	25.68%	23.27%	-9.77%	38.97%	20.61%
Profit Margin	20.22%	18.41%	-7.42%	30.83%	16.14%
FCF Margin	23.17%	20.31%	31.04%	20.42%	19.52%
EBITDA	3,041	2,442	-514	3,869	1,634
EBITDA Margin	26.82%	24.39%	-7.83%	40.19%	21.68%
EBIT	2,911	2,330	-641	3,751	1,553
EBIT Margin	25.68%	23.27%	-9.77%	38.97%	20.61%
Effective Tax Rate	19.80%	19.02%	29.83%	19.74%	18.88%

Updated Dec 31, 2024. Data Source: Fiscal.ai. Insurance template. Financial Sources.