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CINFCincinnati Financial Corporation
$170.20$26.5B
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CINF logoCincinnati Financial Corporation(CINF)Earnings, Financials & Key Ratios

CINF•NASDAQ•Insurance & Managed Care
11.2× P/E·Price updated Jun 19, 2026
SectorFinancial ServicesIndustryProperty & Casualty InsuranceSub-IndustryCommercial lines and surety insurers
AboutCincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the United States. The company operates through five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. The Commercial Lines Insurance segment offers coverage for commercial casualty, commercial property, commercial auto, and workers' compensation. It also provides director and officer liability insurance, contract and commercial surety bonds, and fidelity bonds; and machinery and equipment coverage. The Personal Lines Insurance segment offers personal auto insurance; homeowner insurance; and dwelling fire, inland marine, personal umbrella liability, and watercraft coverages to individuals. The Excess and Surplus Lines Insurance segment offers commercial casualty insurance that covers businesses for third-party liability from accidents occurring on their premises or arising out of their operations, such as injuries sustained from products; and commercial property insurance, which insures buildings, inventory, equipment, and business income from loss or damage due to various causes, such as fire, wind, hail, water, theft, and vandalism. The Life Insurance segment provides term life insurance products; universal life insurance products; worksite products, such as term life; and whole life insurance products. The Investments segment invests in fixed-maturity investments, including taxable and tax-exempt bonds, and redeemable preferred stocks; and equity investments comprising common and nonredeemable preferred stocks. The company also offers commercial leasing and financing services; and insurance brokerage services. Cincinnati Financial Corporation was founded in 1950 and is headquartered in Fairfield, Ohio.Show more
  • Revenue$12.63B+11.4%
  • Combined Ratio76.52%+2.3%
  • Net Income$2.39B+4.4%
  • Return on Equity16.04%-8.9%
  • Medical Cost Ratio49.88%-1.4%
  • Operating Margin23.59%-6.4%
  • Net Margin18.95%-6.3%
  • ROA6.18%-6.7%
  • Equity / Assets38.81%+1.6%

CINF Key Insights

Cincinnati Financial Corporation (CINF) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Dividend Aristocrat: 38 years of consecutive increases
  • ✓Profitable underwriting: 76.5% combined ratio
  • ✓Low loss ratio of 49.9%
  • ✓Good 3Y average ROE of 16.6%
  • ✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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CINF Price & Volume

Cincinnati Financial Corporation (CINF) stock price & volume — 10-year historical chart

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CINF Growth Metrics

Cincinnati Financial Corporation (CINF) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years9.4%
5 Years10.88%
3 Years24.39%
TTM17.82%

Profit CAGR

10 Years14.21%
5 Years14.5%
3 Years-
TTM90.53%

EPS CAGR

10 Years14.76%
5 Years15.16%
3 Years-
TTM90.84%

Return on Capital

10 Years8.45%
5 Years11.94%
3 Years13.99%
Last Year14%

CINF Recent Earnings

Cincinnati Financial Corporation (CINF) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 27, 2026
Metric
Actual
Est
EPS
$2.10+8.8%
$1.93
Rev
$2.6B-0.1%
$2.6B
Q1 2026
Feb 9, 2026
Metric
Actual
Est
EPS
$3.37+16.2%
$2.90
Rev
$2.6B+1.5%
$2.6B
Q4 2025
Oct 27, 2025
Metric
Actual
Est
EPS
$2.85+33.2%
$2.14
Rev
$3.7B+46.0%
$2.6B
Q3 2025
Jul 28, 2025
Metric
Actual
Est
EPS
$1.97+39.7%
$1.41
Rev
$3.2B+28.5%
$2.5B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 27, 2026
$2.10vs $1.93+8.8%
$2.6Bvs $2.6B-0.1%
Q1 2026Feb 9, 2026
$3.37vs $2.90+16.2%
$2.6Bvs $2.6B+1.5%
Q4 2025Oct 27, 2025
$2.85vs $2.14+33.2%
$3.7Bvs $2.6B+46.0%
Q3 2025Jul 28, 2025
$1.97vs $1.41+39.7%
$3.2Bvs $2.5B+28.5%
Based on last 12 quarters of dataView full earnings history →

CINF Peer Comparison

Cincinnati Financial Corporation (CINF) competitors in Commercial lines and surety insurers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
CB logoCBChubb LimitedDirect Competitor126.2B323.4012.576.47%17.25%13.62%0.28
TRV logoTRVThe Travelers Companies, Inc.Direct Competitor66.56B307.8111.225.17%12.88%19.12%0.28
HIG logoHIGThe Hartford Financial Services Group, Inc.Direct Competitor35.27B128.259.637.1%14.13%22.01%0.23
WRB logoWRBW. R. Berkley CorporationDirect Competitor25.16B67.1815.107.82%12.1%18.86%0.29
ERIE logoERIEErie Indemnity CompanyDirect Competitor10.21B221.1420.827.17%13.2%25.03%
KMPR logoKMPRKemper CorporationDirect Competitor1.47B25.0310.933.62%0.89%1.53%0.38
ALL logoALLThe Allstate CorporationProduct Competitor56.93B221.175.794.64%18.09%42.74%0.24
PGR logoPGRThe Progressive CorporationProduct Competitor120.07B204.8714.2321.36%12.58%30.23%0.27

Compare CINF vs Peers

Cincinnati Financial Corporation (CINF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CB

Most directly comparable listed peer for CINF.

Scale Benchmark

vs PGR

Larger-name benchmark to compare CINF against a more recognizable public peer.

Peer Set

Compare Top 5

vs CB, TRV, HIG, WRB

CINF Income Statement

Cincinnati Financial Corporation (CINF) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Revenue
5.73B5.41B7.92B7.54B9.63B6.56B10.01B11.34B12.63B12.92B
Revenue Growth %
5.19%-5.67%46.55%-4.9%27.73%-31.82%52.57%13.22%11.41%17.82%
Medical Costs & Claims
3.39B3.49B3.64B4.13B3.91B5.02B5.27B5.74B6.3B6.42B
Medical Cost Ratio %
59.14%64.55%45.91%54.86%40.61%76.47%52.67%50.6%49.88%49.71%
Gross Profit
2.34B▲ 0%
1.92B▼ 18.1%
4.29B▲ 123.6%
3.4B▼ 20.6%
5.72B▲ 68.0%
1.54B▼ 73.0%
4.74B▲ 206.9%
5.6B▲ 18.2%
6.33B▲ 13.1%
6.5B▲ 0%
Gross Margin %
40.86%35.45%54.09%45.14%59.39%23.53%47.33%49.4%50.12%50.29%
Gross Profit Growth %
0%-18.15%123.58%-20.63%68.05%-72.99%206.93%18.17%13.05%-
Operating Expenses
1.61B1.67B1.81B1.9B2.02B2.24B2.46B2.74B3.37B3.05B
OpEx / Revenue %
28.12%30.81%22.89%25.25%20.97%34.1%24.6%24.19%26.64%23.62%
Depreciation & Amortization
55M63M72M109M118M127M112M130M168M161M
Combined Ratio %
87.26%95.36%68.8%80.11%61.58%110.57%77.27%74.79%76.52%73.32%
Operating Income
730M▲ 0%
251M▼ 65.6%
2.47B▲ 884.9%
1.5B▼ 39.4%
3.7B▲ 146.7%
-694M▼ 118.8%
2.28B▲ 428.0%
2.86B▲ 25.6%
2.98B▲ 4.3%
3.45B▲ 0%
Operating Margin %
12.74%4.64%31.2%19.89%38.42%-10.57%22.73%25.21%23.59%26.68%
Operating Income Growth %
-10.1%-65.62%884.86%-39.36%146.7%-118.77%427.95%25.57%4.27%-
EBITDA
785M314M2.54B1.61B3.82B-567M2.39B2.99B3.15B3.61B
EBITDA Margin %
13.7%5.81%32.1%21.34%39.64%-8.64%23.85%26.36%24.92%27.92%
Interest Expense
53M53M53M54M53M53M54M53M5.3M74.7M
Non-Operating Income
-53M-53M-53M-54M-53M-53M-54M-53M-53M-40M
Pretax Income
730M▲ 0%
251M▼ 65.6%
2.47B▲ 884.9%
1.5B▼ 39.4%
3.7B▲ 146.7%
-694M▼ 118.8%
2.28B▲ 428.0%
2.86B▲ 25.6%
2.98B▲ 4.3%
3.43B▲ 0%
Pretax Margin %
12.74%4.64%31.2%19.89%38.42%-10.57%22.73%25.21%23.59%26.57%
Income Tax
-315M-36M475M283M730M-207M433M566M587M677M
Effective Tax Rate %
-43.15%-14.34%19.22%18.88%19.74%29.83%19.02%19.8%19.7%19.71%
Net Income
1.04B▲ 0%
287M▼ 72.5%
2B▲ 595.8%
1.22B▼ 39.1%
2.97B▲ 144.1%
-487M▼ 116.4%
1.84B▲ 478.4%
2.29B▲ 24.4%
2.39B▲ 4.4%
2.76B▲ 0%
Net Margin %
18.23%5.31%25.2%16.14%30.83%-7.42%18.41%20.22%18.95%21.34%
Net Income Growth %
76.82%-72.54%595.82%-39.11%144.08%-116.41%478.44%24.36%4.41%90.53%
EPS (Diluted)
6.29▲ 0%
1.74▼ 72.3%
12.10▲ 595.4%
7.49▼ 38.1%
18.10▲ 141.7%
-3.06▼ 116.9%
11.66▲ 481.0%
14.53▲ 24.6%
15.17▲ 4.4%
17.61▲ 0%
EPS Growth %
77.18%-72.34%595.4%-38.1%141.66%-116.91%481.05%24.61%4.4%90.84%
EPS (Basic)
6.361.7612.247.5418.30-3.0611.7414.6515.17-
Diluted Shares Outstanding
166M164.5M165.1M162.4M162.7M158.8M158.1M157.8M157.75M156.57M

CINF Balance Sheet

Cincinnati Financial Corporation (CINF) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Assets
21.84B21.93B25.41B27.54B31.39B29.73B32.77B36.5B41B41.21B
Asset Growth %
7.15%0.42%15.83%8.4%13.96%-5.27%10.21%11.39%12.33%44.11%
Total Investment Assets
16.95B16.61B19.75B21.54B24.67B22.43B25.36B28.38B31.78B4M
Long-Term Investments
16.95B16.61B19.45B21.19B11.64B10.29B11.57B11.9B13.51B103.95B
Short-Term Investments
0011.7B12.34B13.02B12.13B13.79B16.48B18.27B49M
Total Current Assets
000017.1B16.69B18.3B21.37B23.95B5.45B
Cash & Equivalents
657M784M767M900M1.14B1.26B907M983M1.43B1.21B
Receivables
2.22B2.33B2.6B2.63B2.87B3.24B3.54B3.83B4.18B16.52B
Other Current Assets
-13.61B-13.85B-15.12B-15.93B00000627M
Goodwill & Intangibles
0000905M1.01B1.09B1.24B1.34B5.46B
Goodwill
0000000000
Intangible Assets
0000905M1.01B1.09B1.24B1.34B1.38B
PP&E (Net)
185M195M207M213M205M202M208M214M219M214M
Other Assets
-17.13B-16.8B-19.66B-21.41B1.53B1.54B1.61B1.78B1.98B1.87B
Total Liabilities
13.6B14.1B15.54B16.75B18.28B19.17B20.67B22.57B25.09B25.5B
Total Debt
851M866M884M899M897M891M874M875M886M884M
Net Debt
194M82M117M-1M-242M-373M-33M-108M-545M-326M
Long-Term Debt
787M788M788M788M789M789M790M790M790M859M
Short-Term Debt
24M32M39M54M54M50M25M25M25M25M
Total Current Liabilities
000012.37B13.19B14.52B16.32B18.62B18.57B
Accounts Payable
0000000000
Deferred Revenue
00003.27B3.69B4.12B4.81B5.25B5.42B
Other Current Liabilities
-24M-32M-39M-54M9.05B9.45B10.37B11.48B13.34B13.12B
Deferred Taxes
001000K1000K1000K1000K1000K1000K1000K6.92B
Other Liabilities
-1.57B-1.46B-1.92B-2.14B3.32B4.08B3.98B3.92B3.78B4.36B
Total Equity
8.24B▲ 0%
7.83B▼ 5.0%
9.86B▲ 25.9%
10.79B▲ 9.4%
13.11B▲ 21.5%
10.56B▼ 19.4%
12.1B▲ 14.5%
13.94B▲ 15.2%
15.91B▲ 14.2%
15.71B▲ 0%
Equity Growth %
16.76%-4.97%25.93%9.38%21.47%-19.4%14.54%15.18%14.18%52.26%
Shareholders Equity
8.24B7.83B9.86B10.79B13.11B10.56B12.1B13.94B15.91B15.71B
Minority Interest
0000000000
Retained Earnings
5.18B7.63B9.26B10.09B12.63B11.71B13.08B14.87B16.72B16.85B
Common Stock
397M397M397M397M397M397M397M397M397M397M
Accumulated OCI
2.79B22M448M769M648M-614M-435M-309M-34M-185M
Return on Equity (ROE)
13.66%3.57%22.57%11.78%24.84%-4.12%16.27%17.61%16.04%17.98%
Return on Assets (ROA)
4.95%1.31%8.44%4.59%10.07%-1.59%5.9%6.62%6.18%6.82%
Equity / Assets
37.74%35.71%38.82%39.17%41.75%35.52%36.92%38.18%38.81%38.13%
Debt / Equity
0.10x0.11x0.09x0.08x0.07x0.08x0.07x0.06x0.06x0.06x
Book Value per Share
49.6647.6259.7566.4380.5566.5176.5288.31100.86100.36
Tangible BV per Share
49.6647.6259.7566.4374.9860.1369.6180.4492.3491.52

CINF Cash Flow Statement

Cincinnati Financial Corporation (CINF) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
1.05B1.18B1.21B1.49B1.98B2.05B2.05B2.65B3.11B3.46B
Operating CF Growth %
-4.62%12.26%2.29%23.43%32.86%3.58%0%29.09%17.48%181.13%
Operating CF / Revenue %
18.35%21.84%15.24%19.79%20.58%31.27%20.49%23.37%24.64%26.76%
Net Income
1.04B287M2B1.22B2.95B-487M1.84B2.29B2.39B2.76B
Depreciation & Amortization
55M63M72M81M93M127M112M130M168M161M
Stock-Based Compensation
26M28M30M31M33M36M00051M
Deferred Taxes
-444M-47M343M136M477M-355M223M117M283M197M
Other Non-Cash Items
-100M455M-1.6B-811M-2.31B1.5B-1.06B-1.32B-1.36B308M
Working Capital Changes
470M395M362M838M740M1.23B937M1.43B1.63B-16M
Cash from Investing
-558M-451M-679M-560M-1.06B-933M-1.61B-1.7B-1.69B-2.13B
Capital Expenditures
-16M-20M-24M-20M-15M-15M-18M-22M-20M-6M
Acquisitions
0000000000
Purchase of Investments
-2.25B-1.99B-2.2B-2.13B-2.7B-2.47B-2.92B-6.46B-5.91B-4.51B
Sale/Maturity of Investments
1.72B1.57B1.55B1.61B1.66B1.54B1.34B4.8B4.27B2.33B
Other Investing
-9M-8M-5M-15M-2M7M-15M-15M-30M60M
Cash from Financing
-614M-603M-546M-798M-685M-994M-801M-877M-973M-1.13B
Dividends Paid
-400M-336M-355M-375M-395M-423M-454M-490M-525M-533M
Share Repurchases
-92M-125M-67M-261M-144M-410M-67M-126M-205M-240M
Stock Issued
0000000010M3M
Debt Issuance (Net)
1000K1000K1000K1000K0-1000K-1000K000
Other Financing
-126M-150M-131M-177M-146M-157M-255M-261M-253M-209M
Net Change in Cash
-120M▲ 0%
127M▲ 205.8%
-17M▼ 113.4%
133M▲ 882.4%
239M▲ 79.7%
125M▼ 47.7%
-357M▼ 385.6%
76M▲ 121.3%
448M▲ 489.5%
200M▲ 0%
Exchange Rate Effect
0000000000
Cash at Beginning
777M657M784M767M900M1.14B1.26B907M983M1.43B
Cash at End
657M784M767M900M1.14B1.26B907M983M1.43B1.21B
Free Cash Flow
1.04B▲ 0%
1.16B▲ 12.1%
1.18B▲ 2.0%
1.47B▲ 24.2%
1.97B▲ 33.7%
2.04B▲ 3.6%
2.03B▼ 0.1%
2.63B▲ 29.2%
3.09B▲ 17.7%
3.45B▲ 0%
FCF Growth %
-4.95%12.07%1.98%24.24%33.65%3.61%-0.15%29.15%17.7%33.27%
FCF Margin %
18.07%21.47%14.94%19.52%20.42%31.04%20.31%23.17%24.48%26.69%
FCF per Share
6.247.067.179.0612.0812.8312.8716.6519.622.03

CINF Key Ratios

Cincinnati Financial Corporation (CINF) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Combined Ratio
87.26%95.36%68.8%80.11%61.58%110.57%77.27%74.79%76.52%73.32%
Medical Cost Ratio
59.14%64.55%45.91%54.86%40.61%76.47%52.67%50.6%49.88%49.71%
Return on Equity (ROE)
13.66%3.57%22.57%11.78%24.84%-4.12%16.27%17.61%16.04%17.98%
Return on Assets (ROA)
4.95%1.31%8.44%4.59%10.07%-1.59%5.9%6.62%6.18%6.82%
Equity / Assets
37.74%35.71%38.82%39.17%41.75%35.52%36.92%38.18%38.81%38.13%
Book Value / Share
49.6647.6259.7566.4380.5566.5176.5288.31100.86100.36
Debt / Equity
0.10x0.11x0.09x0.08x0.07x0.08x0.07x0.06x0.06x0.06x
Revenue Growth
5.19%-5.67%46.55%-4.9%27.73%-31.82%52.57%13.22%11.41%17.82%
Related:CINF Dividend History·CINF Revenue History·CINF Price History·CINF P/E History·CINF Financial Ratios·CINF Institutional Holders

CINF SEC Filings & Documents

Cincinnati Financial Corporation (CINF) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 27, 2026·SEC

Material company update

Feb 9, 2026·SEC

Material company update

Jan 30, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 23, 2026·SEC

FY 2025

Feb 24, 2025·SEC

10-Q Quarterly Reports

4
FY 2026

Apr 27, 2026·SEC

FY 2025

Oct 27, 2025·SEC

FY 2025

Jul 28, 2025·SEC

CINF Frequently Asked Questions

Cincinnati Financial Corporation (CINF) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Cincinnati Financial Corporation (CINF) grew revenue by 11.4% over the past year. This is steady growth.

Yes, Cincinnati Financial Corporation (CINF) is profitable, generating $2.76B in net income for fiscal year 2025 (18.9% net margin).

Dividend & Returns

Yes, Cincinnati Financial Corporation (CINF) pays a dividend with a yield of 1.96%. This makes it attractive for income-focused investors.

Cincinnati Financial Corporation (CINF) has a return on equity (ROE) of 16.0%. This is reasonable for most industries.

Industry Metrics

Cincinnati Financial Corporation (CINF) has a combined ratio of 76.5%. A ratio below 100% indicates underwriting profitability.

What if you invested $1,000 in CINF back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

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How much would $100/month in CINF be worth today?

Dollar cost averaging calculator · DCA vs lump sum

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