Chubb Limited (LON: 0VQD)

Chubb Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 29, 2024	Dec 30, 2023	Dec 30, 2022	Dec 30, 2021	Dec 30, 2020	Dec 30, 2019
Premiums & Annuity Revenue	49,145	45,712	40,360	36,292	33,117	31,290
Total Interest & Dividend Income	5,759	4,958	3,783	3,540	3,491	3,426
Gain (Loss) on Sale of Investments	213	-611	-1,282	598	296	-486
Other Revenue	-420	-364	-49	77	-369	-
Total Revenue	54,697	49,695	42,812	40,507	36,535	34,230
Revenue Growth (YoY)	13.16%	16.08%	5.69%	10.87%	6.73%	4.75%
Policy Benefits	30,265	27,728	24,886	22,770	22,494	19,470
Policy Acquisition & Underwriting Costs	8,874	8,259	7,339	6,758	6,448	6,044
Amortization of Goodwill & Intangibles	325	310	285	287	290	305
Selling, General & Administrative	4,306	4,007	3,395	3,135	3,078	3,139
Other Operating Expenses	-111	-57	202	46	83	65
Total Operating Expenses	43,659	40,247	36,107	32,996	32,393	29,023
Operating Income	11,038	9,448	6,705	7,511	4,142	5,207
Interest Expense	-725	-672	-570	-492	-516	-552
Earnings From Equity Investments	878	867	1	2,435	1,019	617
Currency Exchange Gain (Loss)	-223	-183	397	340	-483	-
EBT Excluding Unusual Items	10,968	9,460	6,533	9,794	4,162	5,272
Merger & Restructuring Charges	-39	-69	-48	-	-	-23
Other Unusual Items	19	135	-	-	-	-
Pretax Income	10,948	9,526	6,485	9,794	4,162	5,249
Income Tax Expense	658	511	1,239	1,269	629	795
Earnings From Continuing Ops.	10,290	9,015	5,246	8,525	3,533	4,454
Minority Interest in Earnings	-293	13	-	-	-	-
Net Income	9,997	9,028	5,246	8,525	3,533	4,454
Net Income to Common	9,997	9,028	5,246	8,525	3,533	4,454
Net Income Growth	42.02%	72.09%	-38.46%	141.30%	-20.68%	12.42%
Shares Outstanding (Basic)	405	411	420	440	452	456
Shares Outstanding (Diluted)	409	414	424	443	453	459
Shares Change (YoY)	-1.67%	-2.20%	-4.44%	-2.26%	-1.19%	-1.69%
EPS (Basic)	24.66	21.97	12.50	19.38	7.82	9.77
EPS (Diluted)	24.43	21.80	12.39	19.24	7.79	9.71
EPS Growth	44.45%	75.95%	-35.60%	146.98%	-19.77%	14.37%
Free Cash Flow	14,803	12,632	11,258	11,151	9,785	6,342
Free Cash Flow Per Share	36.16	30.50	26.58	25.16	21.58	13.82
Dividend Per Share	3.540	3.410	3.290	3.180	3.090	2.980
Dividend Growth	4.73%	3.65%	3.46%	2.91%	3.69%	2.76%
Operating Margin	20.18%	19.01%	15.66%	18.54%	11.34%	15.21%
Profit Margin	18.28%	18.17%	12.25%	21.05%	9.67%	13.01%
Free Cash Flow Margin	27.06%	25.42%	26.30%	27.53%	26.78%	18.53%
EBITDA	11,363	9,758	6,990	7,798	4,432	5,512
EBITDA Margin	20.77%	19.64%	16.33%	19.25%	12.13%	16.10%
D&A For EBITDA	325	310	285	287	290	305
EBIT	11,038	9,448	6,705	7,511	4,142	5,207
EBIT Margin	20.18%	19.01%	15.66%	18.54%	11.34%	15.21%
Effective Tax Rate	6.01%	5.36%	19.11%	12.96%	15.11%	15.15%
Revenue as Reported	54,570	49,735	43,097	40,869	35,994	34,186

Source: S&P Capital IQ. Insurance template. Financial Sources.