Cincinnati Financial Corporation (CINF)

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
Premiums & Annuity Revenue	8,889	7,958	7,225	6,478	5,980
Total Interest & Dividend Income	1,025	894	781	714	670
Gain (Loss) on Sale of Investments	1,391	1,127	-1,467	2,409	865
Other Revenue	32	34	24	25	21
Total Revenue	11,337	10,013	6,563	9,626	7,536
Revenue Growth (YoY)	13.22%	52.57%	-31.82%	27.73%	-4.90%
Policy Benefits	5,743	5,279	5,025	3,914	4,144
Policy Acquisition & Underwriting Costs	2,558	2,292	2,072	1,862	1,734
Other Operating Expenses	125	112	107	99	105
Total Operating Expenses	8,426	7,683	7,204	5,875	5,983
Operating Income	2,911	2,330	-641	3,751	1,553
Interest Expense	-53	-54	-53	-53	-54
Pretax Income	2,858	2,276	-694	3,698	1,499
Income Tax Expense	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	-3.07	18.43	7.54
EPS (Diluted)	14.53	11.66	-3.07	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 Per Share	16.65	12.87	12.83	12.08	9.06
Dividend 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%
Free Cash Flow Margin	23.17%	20.31%	31.04%	20.42%	19.52%
EBITDA	3,041	2,442	-514	3,869	1,662
EBITDA Margin	26.82%	24.39%	-7.83%	40.19%	22.05%
D&A For EBITDA	130	112	127	118	109
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%	-	19.74%	18.88%
Revenue as Reported	11,337	10,013	6,563	9,626	7,536

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q