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
2,911
Operating Margin
25.7%
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
0
Gross Profit
10,013
Gross Margin
100.0%
Operating Income
2,330
Operating Margin
23.3%
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
0
Gross Profit
6,563
Gross Margin
100.0%
Operating Income
-641
Operating Margin
-9.8%
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
0
Gross Profit
9,626
Gross Margin
100.0%
Operating Income
3,723
Operating Margin
38.7%
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
0
Gross Profit
7,536
Gross Margin
100.0%
Operating Income
1,553
Operating Margin
20.6%
Net Income
1,216
Net Margin
16.1%
EPS (Basic)
$7.54
EPS (Diluted)
$7.49
EBITDA
0
EBITDA Margin
N/A