Saturday 17 October 2026 Export CINF’s income statement to Excel — free account

Cincinnati Financial Corporation

CINF Financial Insurance Property & Casualty

Cincinnati Financial Corporation’s revenue for fiscal 2025 (year ended December 2025) was $12.6 billion, up 11.4% from fiscal 2024. In the quarter to June 2026, revenue grew 31.6%, EPS grew 85.8%, free cash flow fell 5.29% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for three; insiders bought in the last twelve months.

171.25 4.03 +2.41%

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Market cap: $25.7B
P/E: 8.0×
Fwd P/E: 19.7×
Dividend yield: 2.15%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 0.36

Total sells 1.33

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	1	—	1	—	—	—	—	—	1	—	—
Sell	—	—	—	—	—	—	—	—	—	1	—	—

Insider Ownership 2.39%

Capital & Financial Ratios $m

Market Cap 25,660.00

Revenue 13,954.00

Net Income 3,327.00

Free Cash Flow 3,400.00

Net Debt (874.00)

Current Ratio 0.30

Debt/Equity 0.05

P/E ratio 7.99

Fwd P/E 19.70

P/S ratio 1.89

P/B ratio 1.58

Past 5Y EPS Growth 15.16%

This Y EPS Growth 7.22%

Next Y EPS Growth 5.56%

Next Y revenue growth 4.72%

Next 5Y EPS Growth 5.46%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 15.96%

10-year low 10-year high

P/S against its own 10 years 20.53%

10-year low 10-year high

P/B against its own 10 years 43.46%

10-year low 10-year high

Dividends

Payout Ratio 0.17

Annual Dividend Rate 3.69

Annual Dividend Yield 2.15%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	3.76	0.94 0.94 0.94
2025	3.48	0.87 0.87 0.87 0.87
2024	3.24	0.81 0.81 0.81 0.81
2023	3.75	0.75 0.75 0.75 0.75 0.75
2022	2.76	0.69 0.69 0.69 0.69
2021	2.52	0.63 0.63 0.63 0.63
2020	2.40	0.60 0.60 0.60 0.60
2019	2.24	0.56 0.56 0.56 0.56
2018	2.12	0.53 0.53 0.53 0.53
2017	2.00	0.50 0.50 0.50 0.50 0.50
2016	1.92	0.48 0.48 0.48 0.48

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	907	983	1,431	1,750
Receivables	3,543	3,834	4,178	4,574
Inventory	—	—	—	—
Other	—	—	—	—
	4,450	4,817	5,609	6,324

	2023	2024	2025	Q'26
Payables	16,237	17,776	19,753	21,189
ST’ Debt	—	—	—	—
Other	—	—	—	—
	16,237	17,776	19,753	21,189

Compound Annual Growth %

	10y	5y	3y
Sales	9.40%	10.88%	24.39%
Cash Flow	11.21%	15.85%	14.89%
Earnings	14.21%	14.50%	0.00%
Book Value	9.49%	8.08%	14.63%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2,863	4,274	—	—	—
’25	2,566	3,248	3,726	3,091	12,631
’24	2,935	2,544	3,320	2,538	11,337
’23	2,241	2,605	1,811	3,356	10,013
’22	1,218	820	1,410	3,115	6,563
’21	2,227	2,295	1,785	3,319	9,626
’20	(99)	2,714	2,227	2,694	7,536

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	656	700	—	—	—
’25	310	741	1,114	947	3,112
’24	353	742	912	642	2,649
’23	250	575	650	577	2,052
’22	198	557	666	631	2,052
’21	354	563	601	463	1,981
’20	167	447	505	372	1,491

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	654	698	—	—	—
’25	307	737	1,109	939	3,092
’24	346	737	906	638	2,627
’23	246	571	648	569	2,034
’22	194	553	662	628	2,037
’21	349	559	598	460	1,966
’20	163	441	499	368	1,471

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.75	8.05	—	—	—
’25	(0.57)	4.34	7.11	4.29	15.17
’24	4.78	1.98	5.20	2.56	14.53
’23	1.42	3.38	(0.63)	7.50	11.66
’22	(1.70)	(5.06)	(2.64)	6.40	(3.06)
’21	3.82	4.31	0.94	9.04	18.10
’20	(7.56)	5.63	2.99	6.47	7.49

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	53.64	68.24	66.33	74.26	46.07	82.62	88.66	95.01	103.26	123.02	Analyst estimates 2026–2028 Powerpack
	High	79.60	81.98	84.10	118.19	115.53	127.25	143.22	130.66	161.75	169.86
People
People	Employees	4,754	4,925	4,999	5,148	5,266	5,166	5,148	5,426	5,624	5,705
	Revenue/emp, $m	1.15	1.16	1.08	1.54	1.43	1.86	1.27	1.85	2.02	2.21
Income, $m
Income, $m	Revenue	5,449	5,732	5,407	7,924	7,536	9,626	6,563	10,013	11,337	12,631
	Gross margin, %	16.09	13.89	5.92	32.16	20.87	39.18	(9.42)	23.52	25.96	24.28
	EBT	812	730	251	2,472	1,499	3,698	(694)	2,276	2,858	2,980
	EBT margin, %	14.90	12.74	4.64	31.20	19.89	38.42	(10.57)	22.73	25.21	23.59
	Net income	591	1,045	287	1,997	1,216	2,968	(487)	1,843	2,292	2,393
	Depreciation	48	55	63	72	109	118	127	112	130	168
Per share, $
Per share, $	Revenue	33.12	34.91	33.13	48.55	46.75	59.79	41.33	63.78	72.49	80.92
	Earnings	3.59	6.36	1.76	12.24	7.55	18.29	(3.06)	11.74	14.65	15.32
	Cash flow	6.78	6.41	7.24	7.40	9.25	12.30	12.92	13.07	16.94	19.94
	Capex	(0.08)	(0.10)	(0.12)	(0.15)	(0.12)	(0.09)	(0.09)	(0.11)	(0.14)	(0.13)
	Free cash flow	6.70	6.31	7.11	7.25	9.13	12.21	12.83	12.96	16.80	19.81
	Book value	42.92	50.20	48.00	60.44	66.93	81.40	66.51	77.06	89.10	101.93
	Shares, m	165	164	163	163	161	161	159	157	156	156
Valuation, ×
Valuation, ×	P/E	21.17	11.47	43.99	8.61	11.47	6.23	0.00	9.03	9.84	10.65
	P/S	2.29	2.09	2.34	2.17	1.87	1.91	2.52	1.66	1.98	2.02
	P/B	1.77	1.46	1.61	1.74	1.31	1.40	1.56	1.37	1.61	1.60
	EV/Sales	2.30	2.13	2.35	2.18	1.87	1.88	2.46	1.66	1.97	1.98
	EV/FCF	11.38	11.77	10.95	14.59	9.57	9.21	7.93	8.16	8.51	8.07
Cash, $m
Cash, $m	Operating cash flow	1,115	1,052	1,181	1,208	1,491	1,981	2,052	2,052	2,649	3,112
	Capex	(13)	(16)	(20)	(24)	(20)	(15)	(15)	(18)	(22)	(20)
	Free cash flow	1,102	1,036	1,161	1,184	1,471	1,966	2,037	2,034	2,627	3,092
Balance, $m
Balance, $m	Working capital	(7,023)	(7,533)	(7,887)	(8,406)	(9,094)	(9,586)	(10,601)	(11,787)	(12,959)	(14,144)
	Total debt	846	851	866	885	899	897	891	874	875	886
	Net debt	69	194	82	118	(1)	(242)	(373)	(33)	(108)	(545)
	Shareholders’ equity	7,060	8,243	7,833	9,864	10,789	13,105	10,562	12,098	13,935	15,911
Returns, %
Returns, %	ROA	3.01	4.95	1.31	8.44	4.59	10.07	(1.59)	5.90	6.62	6.18
	ROIC	7.58	5.80	2.40	15.81	9.00	18.23	(3.93)	12.07	13.16	12.34
	ROE	8.76	13.66	3.57	22.57	11.78	24.84	(4.12)	16.27	17.61	16.04

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
ALL The Allstate Corporation	$60.6B	4.9×	8.0×	+11.80% (above 0%: growing)	+61.07% (above 0%: growing)	+38.26% (above 0%: growing)	46.58%	22.83%	Compare
WRB W.R. Berkley Corporation	$27.5B	15.3×	14.2×	+1.23% (above 0%: growing)	+14.85% (above 0%: growing)	+6.14% (above 0%: growing)	47.24%	16.33%	Compare
CINF Cincinnati Financial Corporation	$25.7B	8.0×	19.7×	+31.59% (above 0%: growing)	+85.84% (above 0%: growing)	−5.29% (below 0%: shrinking)	37.46%	37.20%
MKL Markel Group Inc.	$22.6B	10.1×	12.8×	+12.67% (above 0%: growing)	+86.91% (above 0%: growing)	−15.25% (below 0%: shrinking)	62.92%	30.09%	Compare
L Loews Corporation	$22.2B	13.5×	16.0×	+3.93% (above 0%: growing)	+15.51% (above 0%: growing)	−18.81% (below 0%: shrinking)	54.18%	15.10%	Compare
AIZ Assurant, Inc.	$13.9B	13.4×	12.9×	+9.37% (above 0%: growing)	+30.00% (above 0%: growing)	+99.03% (above 0%: growing)	78.34%	11.73%	Compare
CNA CNA Financial Corporation	$12.8B	10.5×	10.9×	+3.01% (above 0%: growing)	+7.27% (above 0%: growing)	+16.91% (above 0%: growing)	43.35%	11.44%	Compare
AFG American Financial Group, Inc.	$12.1B	13.0×	11.3×	+5.51% (above 0%: growing)	+44.44% (above 0%: growing)	−68.13% (below 0%: shrinking)	23.15%	16.75%	Compare
ORI Old Republic International Corporation	$9.3B	8.5×	11.7×	+13.37% (above 0%: growing)	+61.45% (above 0%: growing)	+49.25% (above 0%: growing)	17.62%	17.62%	Compare
Median of peers	$18.1B	11.8×	12.3×	+7.44%	+37.22%	+11.53%	46.91%	16.54%

All 45 Insurance Property & Casualty stocks →

Cincinnati Financial Corporation (CINF) key facts

Strength: Cincinnati Financial Corporation’s revenue for fiscal 2025 (year ended December 2025) was $12.6 billion, up 11.4% from fiscal 2024.
Strength: Net income was $2.4 billion, or $15.32 per share (basic), a net margin of 19.0%.
Cincinnati Financial Corporation (CINF) is an Insurance Property & Casualty company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, CINF traded at $171.25, a market capitalization of $25.7 billion.
At that price the stock trades at 8.0× trailing-twelve-month earnings and 1.9× sales; its P/E is higher than 16% of its own readings over the past ten years.
Cincinnati Financial Corporation pays an annual dividend of $3.69 per share, a yield of 2.15%, with a payout ratio of 17.4%.
Return on equity was 16.0% and debt-to-equity 0.05.
Its Piotroski F-score is 6 out of 9 for fiscal 2025.