
Cincinnati Financial Corporation
CINFFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
11,337
Cost of Revenue
5,737
Gross Profit
5,600
Gross Margin
49.4%
Operating Income
2,858
Operating Margin
25.2%
Net Income
2,292
Net Margin
20.2%
EPS (Basic)
$14.65
EPS (Diluted)
$14.53
EBITDA
3,041
EBITDA Margin
26.8%
2023
12/31/2023
Revenue
10,013
Cost of Revenue
5,274
Gross Profit
4,739
Gross Margin
47.3%
Operating Income
2,276
Operating Margin
22.7%
Net Income
1,843
Net Margin
18.4%
EPS (Basic)
$11.74
EPS (Diluted)
$11.66
EBITDA
2,442
EBITDA Margin
24.4%
2022
12/31/2022
Revenue
6,563
Cost of Revenue
5,019
Gross Profit
1,544
Gross Margin
23.5%
Operating Income
-694
Operating Margin
-10.6%
Net Income
-487
Net Margin
-7.4%
EPS (Basic)
$-3.06
EPS (Diluted)
$-3.06
EBITDA
-514
EBITDA Margin
-7.8%
2021
12/31/2021
Revenue
9,626
Cost of Revenue
3,909
Gross Profit
5,717
Gross Margin
59.4%
Operating Income
3,698
Operating Margin
38.4%
Net Income
2,968
Net Margin
30.8%
EPS (Basic)
$18.30
EPS (Diluted)
$18.10
EBITDA
3,869
EBITDA Margin
40.2%
2020
12/31/2020
Revenue
7,536
Cost of Revenue
4,134
Gross Profit
3,402
Gross Margin
45.1%
Operating Income
1,499
Operating Margin
19.9%
Net Income
1,216
Net Margin
16.1%
EPS (Basic)
$7.54
EPS (Diluted)
$7.49
EBITDA
1,662
EBITDA Margin
22.1%