Cincinnati Financial Corporation (CINF)

Cincinnati Financial Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	10,707	10,013	6,563	9,626	7,536	7,924
Revenue Growth (YoY)	41.14%	52.57%	-31.82%	27.73%	-4.90%	46.55%
Cost of Revenue	5,225	5,274	5,019	3,909	4,134	3,638
Gross Profit	5,482	4,739	1,544	5,717	3,402	4,286
Selling, General & Admin	2,468	2,409	2,185	1,966	1,849	1,761
Operating Expenses	2,468	2,409	2,185	1,966	1,849	1,761
Operating Income	3,014	2,330	-641	3,751	1,553	2,525
Interest Expense / Income	53	54	53	53	54	53
Pretax Income	2,961	2,276	-694	3,698	1,499	2,472
Income Tax	588	433	-207	730	283	475
Net Income	2,373	1,843	-487	2,968	1,216	1,997
Net Income Growth	59225.00%	-	-	144.08%	-39.11%	595.82%
Shares Outstanding (Basic)	157	157	157	161	161	163
Shares Change	-0.37%	-0.18%	-2.46%	0.15%	-1.52%	0.39%
EPS (Basic)	15.13	11.74	-3.06	18.43	7.55	12.24
EPS (Diluted)	15.02	11.66	-3.06	18.24	7.49	12.10
EPS Growth	49966.67%	-	-	143.52%	-38.10%	591.43%
Free Cash Flow	2,134	2,034	2,037	1,966	1,471	1,184
Free Cash Flow Per Share	13.62	12.96	12.96	12.20	9.14	7.25
Dividend Per Share	3.060	3.000	2.760	2.520	2.400	2.240
Dividend Growth	8.51%	8.70%	9.52%	5.00%	7.14%	5.66%
Gross Margin	51.20%	47.33%	23.53%	59.39%	45.14%	54.09%
Operating Margin	28.15%	23.27%	-9.77%	38.97%	20.61%	31.87%
Profit Margin	22.16%	18.41%	-7.42%	30.83%	16.14%	25.20%
Free Cash Flow Margin	19.93%	20.31%	31.04%	20.42%	19.52%	14.94%
Effective Tax Rate	19.86%	19.02%	-	19.74%	18.88%	19.22%
EBITDA	3,120	2,442	-514	3,869	1,662	2,597
EBITDA Margin	29.14%	24.39%	-7.83%	40.19%	22.05%	32.77%
Depreciation & Amortization	106	112	127	118	109	72
EBIT	3,014	2,330	-641	3,751	1,553	2,525
EBIT Margin	28.15%	23.27%	-9.77%	38.97%	20.61%	31.87%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).