Cincinnati Financial Corporation (CINF) vs Loews Corporation (L)

Cincinnati Financial Corporation and Loews Corporation are both Insurance Property & Casualty companies. Cincinnati Financial Corporation is the larger, with a market value of $28.9B against $22.5B — 1.3× the size. Cincinnati Financial Corporation trades at the lower P/E: 10.8× against 15.0×. Cincinnati Financial Corporation grew revenue faster over the last twelve months: 9.91% against 2.82%. Cincinnati Financial Corporation has the higher net margin (20.1% vs 7.93%) and the higher return on invested capital (13.2% vs 5.56%). Both pay a dividend; Cincinnati Financial Corporation yields more (1.99% vs 0.23%). Across the 21 metrics below, Cincinnati Financial Corporation leads on 17 and Loews Corporation on 4.

Valuation

Metric CINF L Insurance Property & Casualty median
P/E 10.76 15.03 11.90
P/S 2.15 1.20 1.24
P/B 1.76 1.17 1.86
Price to free cash flow 9.25 13.27 7.91
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.29% 6.65% 8.14%
Free cash flow yield 10.81% 7.54% 11.91%

Profitability

Metric CINF L Insurance Property & Casualty median
Gross margin 25.48% 52.93% 39.44%
Operating margin 25.21% 13.06% 14.71%
Net margin 20.07% 7.93% 10.47%
Free cash flow margin 23.19% 9.01% 18.60%
Return on equity 16.87% 7.76% 16.87%
Return on assets 6.41% 1.74% 3.49%
Return on invested capital 13.22% 5.56% 11.84%

Growth

Metric CINF L Insurance Property & Casualty median
Revenue growth (TTM) 9.91% 2.82% 5.51%
EPS growth (last fiscal year) 4.40% 24.34% 39.61%
Revenue growth, 5-year CAGR 10.88% 7.96% 9.23%
Net income growth, 5-year CAGR 14.50% 0.00% 10.09%

Health

Metric CINF L Insurance Property & Casualty median
Debt to equity 0.05 0.47 0.25
Current ratio 0.27 0.25 0.49
Net debt to EBITDA (0.17) 2.88 0.08

Dividend

Metric CINF L Insurance Property & Casualty median
Dividend yield 1.99% 0.23% 1.59%
Payout ratio 0.22 0.03 0.15

Size

Metric CINF L Insurance Property & Casualty median
Market cap 28.91b 22.47b 2.62b

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