Cincinnati Financial
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Cincinnati Financial's past years’ income statements indicate that its last revenue has increased compared to the previous period by 53% to $10,013,000,000. The net income raised on $1,843,000,000 and profit margin reached 18%. Total operating expenses were $7,683,000,000.
Profit Margin
| 2014 | 4.94B | 525M | 10.62% |
|---|---|---|---|
| 2015 | 5.14B | 634M | 12.33% |
| 2016 | 5.44B | 591M | 10.85% |
| 2017 | 5.73B | 1.04B | 18.23% |
| 2018 | 5.40B | 287M | 5.31% |
| 2019 | 7.92B | 1.99B | 25.2% |
| 2020 | 7.53B | 1.21B | 16.14% |
| 2021 | 9.63B | 2.96B | 30.82% |
| 2022 | 6.55B | -486M | -7.41% |
| 2023 | 10.01B | 1.84B | 18.41% |
CINF Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 10.01B | 6.55B | 9.63B | 7.53B | 7.92B | 5.40B | 5.73B | 5.44B | 5.14B | 4.94B |
Cost of revenue | 0 | 23M | 20M | 0 | 23M | 16M | 0 | 12M | 0 | 0 |
Gross profit | 10.01B | 6.53B | 9.61B | 7.53B | 7.90B | 5.39B | 5.73B | 5.43B | 5.14B | 4.94B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 7.68B | -7.17B | -5.97B | 5.98B | -5.46B | -5.10B | 4.94B | -4.57B | 4.20B | 4.17B |
Operating income | 2.33B | -640M | 3.66B | 1.55B | 2.46B | 304M | 783M | 865M | 934M | 774M |
Other income (expenses), net | 54M | -53M | 10M | 54M | 9M | 5M | 53M | 5M | 53M | 53M |
Income before tax | 2.27B | -693M | 3.67B | 1.49B | 2.47B | 251M | 730M | 812M | 881M | 721M |
Income tax expense | 433M | -207M | 724M | 283M | 475M | -36M | -315M | 221M | 247M | 196M |
Net income | 1.84B | -486M | 2.96B | 1.21B | 1.99B | 287M | 1.04B | 591M | 634M | 525M |
Earnings per share | ||||||||||
Basic EPS | 11.74 | -3.06 | 18.3 | 7.54 | 12.24 | 1.76 | 6.36 | 3.59 | 3.87 | 3.21 |
Diluted EPS | 11.66 | -3.06 | 18.11 | 7.49 | 12.1 | 1.74 | 6.29 | 3.55 | 3.83 | 3.18 |
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