Cincinnati Financial Corp

Chart & Performance

D1W1MN

P/E

10.06

P/S

2.03

EPS

14.66

Div Yield, %

1.65%

Shrs. gr., 5y

-0.90%

Rev. gr., 5y

7.43%

Revenues

11.34b

+13.22%

Net income

2.29b

+24.36%

CFO

2.65b

+29.09%

Dividend

Sep 17, 20240.81 USD/sh

Profile

Cincinnati 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.

URL

https://www.cinfin.com/

IPO date

Mar 17, 1980

Employees

5,148

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	11,337,000 13.22%	10,013,000 52.71%	6,557,000 -31.91%
Cost of revenue			23,000
Unusual Expense (Income)
NOPBT	11,337,000	10,013,000	6,534,000
NOPBT Margin	100.00%	100.00%	99.65%
Operating Taxes	566,000	433,000	(207,000)
Tax Rate	4.99%	4.32%
NOPAT	10,771,000	9,580,000	6,741,000
Net income	2,292,000 24.36%	1,843,000 -479.22%	(486,000) -116.37%
Dividends	(490,000)	(454,000)	(423,000)
Dividend yield	2.16%	2.78%	2.60%
Proceeds from repurchase of equity	(126,000)	(67,000)	(400,000)
BB yield	0.56%	0.41%	2.46%
Debt
Debt current	850,000	25,000	50,000
Long-term debt	120,000	908,000	893,000
Deferred revenue
Other long-term liabilities	20,180,000	11,048,000	(1,836,000)
Net debt	(27,678,000)	(452,000)	(22,294,000)
Cash flow
Cash from operating activities	2,649,000	2,052,000	2,052,000
CAPEX		(18,000)	(15,000)
Cash from investing activities	(1,696,000)	(1,608,000)	(933,000)
Cash from financing activities	(877,000)	(801,000)	(994,000)
FCF	9,995,000	12,708,000	6,449,000
Balance
Cash	983,000	907,000	1,264,000
Long term investments	27,665,000	478,000	21,973,000
Excess cash	28,081,150	884,350	22,909,150
Stockholders' equity	14,957,000	13,046,000	11,463,000
Invested Capital	20,918,000	31,909,650	17,228,000
ROIC	40.78%	38.99%	40.54%
ROCE	30.35%	30.53%	21.97%
EV
Common stock shares outstanding	157,800	158,100	158,800
Price	143.70 38.89%	103.46 1.05%	102.39 -10.13%
Market cap	22,675,860 38.63%	16,357,026 0.60%	16,259,532 -12.28%
EV	(5,002,140)	15,905,026	(6,034,468)
EBITDA	11,467,000	10,125,000	6,661,000
EV/EBITDA		1.57
Interest	53,000	54,000	53,000
Interest/NOPBT	0.47%	0.54%	0.81%