FirmAtlas
Company handbook · CINF · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
CINF · CIK 20286 · LATEST FILING: 10-Q JUN '26 · FILED JUL 27, 2026
Cincinnati Financial Corporation
$171.25
+4.03 (+2.41%)
Close, Oct 16, 2026 · 52-week $150–195
Last fiscal year
Cincinnati Financial Corporation reported revenue of $12.6B for the year ended Dec 31, 2025 (FY25), up 11.4% from FY24. Net income was $2.4B. Source: 10-K filed Feb 23, 2026.
Market cap
$27.0B
P/E
8.1
P/B
1.6
Div yield
2.15%
Op. ROE
6.4%
Revenue 1Y
11.4%/yr
EPS 1Y
4.4%/yr
Shares 1Y
−0.1%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOStephen M. Spray
HQFairfield, OH
AuditorDeloitte & Touche LLP
Employees5,705
Year endsDecember
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
8.5%
7.6%
18.4%
13.1%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the earnings went · FY24–FY25
$4.7B net income
Dividends
$1.0B
21.7%
Buybacks
$331M
7.1%
Retained
$3.3B
71.3%
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Net premiums earned
8,889
9,983+12.3%
—
Net investment income
1,025
1,165+13.7%
—
Total revenue
11,337
12,631+11.4%
13,954
YoY
+11.4%
Losses & loss adjustment expenses
5,737
6,640+15.7%
—
Policy acquisition costs
1,641
1,851+12.8%
—
Pre-tax income
2,858
2,980+4.3%
—
Net income
2,292
2,393+4.4%
3,327
YoY
+4.4%
EPS (diluted, $)
14.53
15.17+4.4%
21.20
YoY
+4.4%
Balance sheet
Total assets
36,501
41,002+12.3%
43,231
Cash & short-term investments
1,281
1,579+23.3%
—
Investments
28,378
31,783+12.0%
—
Other assets
6,842
7,640+11.7%
—
Total liabilities
22,566
25,091+11.2%
26,560
Loss & LAE reserves
9,937
11,450+15.2%
—
Unearned premiums
4,813
5,254+9.2%
—
Other liabilities
7,816
8,387+7.3%
—
Shareholders’ equity
13,935
15,911+14.2%
16,671
Shares outstanding (M)
158
158−0.1%
—
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
2,649
3,112+17.5%
3,417
Net income
2,292
2,393+4.4%
—
Depreciation & amortization
34
36+5.9%
—
Working capital & other
323
683+111.5%
—
Cash from investing
(1,696)
(1,691)n/m
—
Capex
(22)
(20)n/m
—
Investments bought
(5,732)
(5,388)n/m
—
Other investing
4,058
3,717−8.4%
—
Cash from financing
(877)
(973)n/m
—
Dividends
(490)
(525)n/m
—
Buybacks
(126)
(205)n/m
—
Shares issued
10
10+0.0%
—
Other financing
(271)
(253)n/m
—
Net change in cash
76
448+489.5%
—
Free cash flow (OCF − capex)
2,627
3,092+17.7%
3,400
Where the earnings went
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
3,726
3,091
2,863
4,274
vs year-ago quarter
Net income
1,122
676
274
1,255
vs year-ago quarter
Net margin
30.1%
21.9%
9.6%
29.4%
EPS (diluted, $)
7.11
4.29
1.75
8.05
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
40,567
41,002
41,211
43,231
Cash & equivalents
1,460
1,579
1,210
1,750
Total debt
858
861
859
859
Shareholders’ equity
15,406
15,911
15,714
16,671
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
1,114
947
656
700
Capex
5
8
2
2
Free cash flow
1,109
939
654
698
vs year-ago quarter