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Cincinnati Financial Corporation
Previous close
$147.12
Day range
$147.31 - $149.29
Year range
$98.74 - $150.96
Market cap
23.24B USD
Avg Volume
556.14K
P/E ratio
7.64
Dividend yield
2.18%
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 3.32B | 83.32% |
Operating expense | 30.00M | 11.11% |
Net income | 820.00M | 928.28% |
Net profit margin | 24.70 | 551.55% |
Earnings per share | 1.42 | -14.46% |
EBITDA | 1.09B | 1,002.48% |
Effective tax rate | 21.15% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 1.75B | 94.88% |
Total assets | 37.01B | 19.71% |
Total liabilities | 23.20B | 14.36% |
Total equity | 13.80B | — |
Shares outstanding | 156.32M | — |
Price to book | 1.67 | — |
Return on assets | 7.33% | — |
Return on capital | 18.58% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 820.00M | 928.28% |
Cash from operations | 912.00M | 40.31% |
Cash from investing | 251.00M | 178.93% |
Cash from financing | -182.00M | -0.55% |
Net change in cash | 981.00M | 549.67% |
Free cash flow | 816.00M | 5,727.59% |
About
Cincinnati Financial Corporation offers property and casualty insurance, its main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. The company has 1.01% of the domestic property and casualty insurance premiums, which ranks it as the 20th largest insurance company by market share in the U.S.
The Cincinnati Insurance Company was founded in 1950 by four agents, including brothers John Jack Schiff and Robert Cleveland Schiff.
The Cincinnati Life Insurance Company markets life and disability income insurance and annuities. CFC Investment Company supports the insurance subsidiaries and their independent agent representatives through commercial leasing and financing activities. CinFin Capital Management Company provides asset management services to institutions, corporations and individuals.
In 2001, SFAS 133 adjustments were included with realized capital gains or losses rather than investment income. The impact on nine-month 2001 earnings was an after-tax gain of $1.3 million. Prior period 2001 results were restated on this basis. Wikipedia
Founded
1950
Headquarters
Website
Employees
5,426