Chubb Limited (CB) vs Cincinnati Financial Corporation (CINF)

Chubb Limited and Cincinnati Financial Corporation are both Insurance Property & Casualty companies. Chubb Limited is the larger, with a market value of $142.0B against $28.9B — 4.9× the size. Cincinnati Financial Corporation trades at the lower P/E: 10.9× against 12.9×. Cincinnati Financial Corporation grew revenue faster over the last twelve months: 9.91% against 5.70%. Cincinnati Financial Corporation has the higher net margin (20.1% vs 18.2%) and the higher return on invested capital (13.2% vs 9.43%). Both pay a dividend; Cincinnati Financial Corporation yields more (1.96% vs 1.07%). Across the 21 metrics below, Cincinnati Financial Corporation leads on 15 and Chubb Limited on 6.

Valuation

Metric CB CINF Insurance Property & Casualty median
P/E 12.90 10.90 12.17
P/S 2.32 2.17 1.26
P/B 1.82 1.78 1.85
Price to free cash flow 8.04 9.37 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.75% 9.17% 8.20%
Free cash flow yield 12.44% 10.67% 11.86%

Profitability

Metric CB CINF Insurance Property & Casualty median
Gross margin 29.69% 25.48% 37.39%
Operating margin 23.77% 25.21% 14.67%
Net margin 18.15% 20.07% 10.16%
Free cash flow margin 28.79% 23.19% 18.60%
Return on equity 14.37% 16.87% 16.59%
Return on assets 4.06% 6.41% 3.38%
Return on invested capital 9.43% 13.22% 9.43%

Growth

Metric CB CINF Insurance Property & Casualty median
Revenue growth (TTM) 5.70% 9.91% 5.70%
EPS growth (last fiscal year) 13.13% 4.40% 39.61%
Revenue growth, 5-year CAGR 10.54% 10.88% 9.23%
Net income growth, 5-year CAGR 23.89% 14.50% 10.09%

Health

Metric CB CINF Insurance Property & Casualty median
Debt to equity 0.28 0.05 0.25
Current ratio 0.24 0.27 0.49
Net debt to EBITDA 1.31 (0.17) 0.08

Dividend

Metric CB CINF Insurance Property & Casualty median
Dividend yield 1.07% 1.96% 1.56%
Payout ratio 0.14 0.22 0.15

Size

Metric CB CINF Insurance Property & Casualty median
Market cap 141.99b 28.91b 2.64b

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