Tearsheet

Cincinnati Financial (CINF)


Market Price (5/11/2026): $161.58 | Market Cap: $25.1 Bil
Sector: Financials | Industry: Property & Casualty Insurance

Cincinnati Financial (CINF)


Market Price (5/11/2026): $161.58
Market Cap: $25.1 Bil
Sector: Financials
Industry: Property & Casualty Insurance

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, Dividend Yield is 2.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.9%, FCF Yield is 14%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 27%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 27%, CFO LTM is 3.5 Bil, FCF LTM is 3.4 Bil

Low stock price volatility
Vol 12M is 20%

Megatrend and thematic drivers
Megatrends include AI in Financial Services, and Fintech & Digital Payments. Themes include AI for Fraud Detection, and Wealth Management Technology.

Weak multi-year price returns
3Y Excs Rtn is -14%

Key risks
CINF key risks include [1] stock market downturns negatively impacting its significant equity portfolio.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, Dividend Yield is 2.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.9%, FCF Yield is 14%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 27%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 27%, CFO LTM is 3.5 Bil, FCF LTM is 3.4 Bil
2 Low stock price volatility
Vol 12M is 20%
3 Megatrend and thematic drivers
Megatrends include AI in Financial Services, and Fintech & Digital Payments. Themes include AI for Fraud Detection, and Wealth Management Technology.
4 Weak multi-year price returns
3Y Excs Rtn is -14%
5 Key risks
CINF key risks include [1] stock market downturns negatively impacting its significant equity portfolio.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Cincinnati Financial (CINF) stock has remained largely at the same level since 1/31/2026 because of the following key factors:

1. Mixed Q4 2025 and Q1 2026 Earnings Performance and Outlook.

Cincinnati Financial reported strong fourth-quarter 2025 results on February 9, 2026, with net income increasing 67% year-over-year to $676 million, or $4.29 per share, and non-GAAP operating income rising 7% to $531 million, or $3.37 per share. The property casualty combined ratio was an outstanding 85.2%. Subsequently, for the first quarter of 2026, reported on April 27, 2026, the company achieved a net income of $274 million, or $1.75 per share, a significant improvement from a net loss in the prior-year quarter. Non-GAAP operating income for Q1 2026 was $330 million, or $2.10 per share, surpassing analyst estimates by $0.11. This performance was partly driven by a $233 million decrease in after-tax catastrophe losses compared to the previous year. However, book value per share at March 31, 2026, decreased by $0.75 from year-end, and some analysts noted that while improved, profitability remains structurally weaker than peers, making earnings more reliant on volatile investment income. The blend of solid earnings but noted vulnerabilities contributed to a largely stable stock valuation.

2. Consistent Dividend Increase Reinforcing Shareholder Value.

On January 30, 2026, Cincinnati Financial announced an 8% increase in its regular quarterly cash dividend to $0.94 per share, marking the 66th consecutive year of dividend increases. This long-standing commitment to returning capital to shareholders, reflected in its industry-leading record of dividend growth, likely provided a floor for the stock price and appealed to income-focused investors, thereby reducing significant downward pressure and contributing to its stable trend.

Show more
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The 1.0% change in CINF stock from 1/31/2026 to 5/10/2026 was primarily driven by a 21.4% change in the company's Net Income Margin (%).
(LTM values as of)13120265102026Change
Stock Price ($)159.95161.501.0%
Change Contribution By: 
Total Revenues ($ Mil)12,07812,9287.0%
Net Income Margin (%)17.6%21.3%21.4%
P/E Multiple11.89.1-22.7%
Shares Outstanding (Mil)1561550.5%
Cumulative Contribution1.0%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/10/2026
ReturnCorrelation
CINF1.0% 
Market (SPY)3.6%18.3%
Sector (XLF)-3.6%44.3%

Fundamental Drivers

The 5.6% change in CINF stock from 10/31/2025 to 5/10/2026 was primarily driven by a 21.4% change in the company's Net Income Margin (%).
(LTM values as of)103120255102026Change
Stock Price ($)152.88161.505.6%
Change Contribution By: 
Total Revenues ($ Mil)12,07812,9287.0%
Net Income Margin (%)17.6%21.3%21.4%
P/E Multiple11.29.1-19.1%
Shares Outstanding (Mil)1561550.5%
Cumulative Contribution5.6%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/10/2026
ReturnCorrelation
CINF5.6% 
Market (SPY)5.5%12.6%
Sector (XLF)-1.3%42.7%

Fundamental Drivers

The 18.7% change in CINF stock from 4/30/2025 to 5/10/2026 was primarily driven by a 61.6% change in the company's Net Income Margin (%).
(LTM values as of)43020255102026Change
Stock Price ($)136.09161.5018.7%
Change Contribution By: 
Total Revenues ($ Mil)10,96812,92817.9%
Net Income Margin (%)13.2%21.3%61.6%
P/E Multiple14.79.1-38.2%
Shares Outstanding (Mil)1561550.7%
Cumulative Contribution18.7%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/10/2026
ReturnCorrelation
CINF18.7% 
Market (SPY)30.4%27.6%
Sector (XLF)6.7%53.3%

Fundamental Drivers

The 63.7% change in CINF stock from 4/30/2023 to 5/10/2026 was primarily driven by a 40344.4% change in the company's Net Income Margin (%).
(LTM values as of)43020235102026Change
Stock Price ($)98.65161.5063.7%
Change Contribution By: 
Total Revenues ($ Mil)7,58612,92870.4%
Net Income Margin (%)0.1%21.3%40344.4%
P/E Multiple3,876.99.1-99.8%
Shares Outstanding (Mil)1571551.2%
Cumulative Contribution63.7%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/10/2026
ReturnCorrelation
CINF63.7% 
Market (SPY)78.7%39.5%
Sector (XLF)62.1%62.6%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CINF Return33%-8%4%42%16%-0%111%
Peers Return37%12%7%24%17%-3%131%
S&P 500 Return27%-19%24%23%16%7%95%

Monthly Win Rates [3]
CINF Win Rate67%50%50%75%50%40% 
Peers Win Rate60%58%60%65%62%40% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
CINF Max Drawdown-4%-20%-5%0%-11%-5% 
Peers Max Drawdown-3%-11%-18%-1%-7%-10% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: CB, TRV, AIG, HIG, PRU. See CINF Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/8/2026 (YTD)

How Low Can It Go

EventCINFS&P 500
2023 SVB Regional Banking Crisis
  % Loss-23.7%-6.7%
  % Gain to Breakeven31.1%7.1%
  Time to Breakeven273 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-19.4%-24.5%
  % Gain to Breakeven24.0%32.4%
  Time to Breakeven62 days427 days
2020 COVID-19 Crash
  % Loss-40.5%-33.7%
  % Gain to Breakeven67.9%50.9%
  Time to Breakeven394 days140 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-10.1%-3.7%
  % Gain to Breakeven11.2%3.9%
  Time to Breakeven19 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-10.0%-12.2%
  % Gain to Breakeven11.1%13.9%
  Time to Breakeven44 days62 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-15.4%-17.9%
  % Gain to Breakeven18.2%21.8%
  Time to Breakeven72 days123 days

Compare to CB, TRV, AIG, HIG, PRU

In The Past

Cincinnati Financial's stock fell -6.6% during the 2025 US Tariff Shock. Such a loss loss requires a 7.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventCINFS&P 500
2023 SVB Regional Banking Crisis
  % Loss-23.7%-6.7%
  % Gain to Breakeven31.1%7.1%
  Time to Breakeven273 days31 days
2020 COVID-19 Crash
  % Loss-40.5%-33.7%
  % Gain to Breakeven67.9%50.9%
  Time to Breakeven394 days140 days
2008-2009 Global Financial Crisis
  % Loss-52.9%-53.4%
  % Gain to Breakeven112.3%114.4%
  Time to Breakeven711 days1085 days

Compare to CB, TRV, AIG, HIG, PRU

In The Past

Cincinnati Financial's stock fell -6.6% during the 2025 US Tariff Shock. Such a loss loss requires a 7.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Cincinnati Financial (CINF)

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.

AI Analysis | Feedback

A comprehensive insurance provider for individuals and businesses, similar to a regional Allstate.

AI Analysis | Feedback

  • Commercial Property Casualty Insurance: Provides businesses with coverage for third-party liability, property damage, commercial auto incidents, workers' compensation, and specialized risks like director and officer liability.
  • Personal Property Casualty Insurance: Offers individuals coverage for personal automobiles, homes, dwelling fires, inland marine, personal umbrella liability, and watercraft.
  • Life Insurance Products: Includes various types of life insurance such as term, universal, whole, and worksite products.
  • Surety and Fidelity Bonds: Guarantees contract performance for businesses and protects against financial losses due to employee dishonesty.
  • Commercial Leasing and Financing Services: Provides financial solutions to businesses through leasing and direct financing.
  • Insurance Brokerage Services: Facilitates the placement of insurance policies for clients as an intermediary.

AI Analysis | Feedback

Major Customers of Cincinnati Financial (CINF)

Cincinnati Financial Corporation serves a diverse customer base, primarily consisting of a broad range of businesses and individuals who purchase their various insurance products and financial services. The company does not publicly disclose specific major corporate customers by name. Instead, its customer base can be categorized as follows:

  • Businesses: This comprehensive category includes a wide array of commercial entities, from small to medium-sized businesses, that seek coverage for commercial casualty, commercial property, commercial auto, and workers' compensation. It also encompasses businesses requiring specialized insurance products such as director and officer liability, contract and commercial surety bonds, fidelity bonds, machinery and equipment coverage, and excess and surplus lines insurance for unique or higher-risk needs. Additionally, businesses utilizing Cincinnati Financial's commercial leasing and financing services fall into this category.
  • Homeowners and Drivers: This segment comprises individual customers and households purchasing personal lines of insurance. These include personal auto insurance, homeowner insurance, dwelling fire, inland marine, personal umbrella liability, and watercraft coverages.
  • Life Insurance Policyholders: Individuals are also customers for Cincinnati Financial's life insurance segment, acquiring term life insurance, universal life insurance, worksite products, and whole life insurance products for personal financial planning and protection.

AI Analysis | Feedback

null

AI Analysis | Feedback

Stephen M. Spray President and Chief Executive Officer

Stephen M. Spray became Chief Executive Officer of Cincinnati Financial Corporation in May 2024, having served as President since 2022. He joined Cincinnati Financial in 1991 and has held various positions of increasing responsibility, including roles in underwriting, sales/marketing, and commercial lines leadership. Mr. Spray was instrumental in the formation of The Cincinnati Specialty Underwriters Insurance Company in 2007. He led the company's commercial lines operations from 2016 to 2019 and served as chief insurance officer of the property casualty subsidiaries from 2019 to 2022.

Michael J. Sewell Chief Financial Officer, Executive Vice President and Treasurer

Michael J. Sewell serves as Chief Financial Officer, Executive Vice President, and Treasurer (Principal Accounting Officer) of Cincinnati Financial Corporation. He has been an executive officer since at least 2011. Prior to joining Cincinnati Financial, Mr. Sewell was a Partner at Deloitte & Touche LLP. He holds an undergraduate degree from the University of Dayton.

Steven J. Johnston Chairman of the Board

Steven J. Johnston is the Chairman of the Board of Cincinnati Financial Corporation. He previously served as President and Chief Executive Officer of the company, a role he assumed in May 2011. Mr. Johnston joined Cincinnati Financial in 2008 as chief financial officer, coming from State Auto Financial Corporation where he was also chief financial officer.

Steven A. Soloria Chief Investment Officer and Executive Vice President

Steven A. Soloria is the Chief Investment Officer and Executive Vice President of Cincinnati Financial Corporation.

Thomas C. Hogan Chief Legal Officer, Executive Vice President, and Corporate Secretary

Thomas C. Hogan serves as Chief Legal Officer, Executive Vice President, and Corporate Secretary for Cincinnati Financial Corporation.

AI Analysis | Feedback

Cincinnati Financial (CINF) faces several key risks to its business, primarily stemming from the inherent nature of the insurance industry and its investment activities.

1. Catastrophic Events and Climate Change

As a property and casualty insurer, Cincinnati Financial is highly exposed to losses from natural disasters and catastrophic events, which are increasing in frequency and severity, potentially exacerbated by climate change. This trend poses a significant threat to the company's financial stability, impacting underwriting profitability and requiring continuous refinement of risk management and pricing strategies.

2. Investment Volatility

Cincinnati Financial maintains a substantial investment portfolio, including a significant allocation to equity investments. Fluctuations in the financial markets can introduce considerable volatility to the company's net income and overall profitability. While a strong market can boost returns, a significant or prolonged decline in stock market values could negatively affect its large equity portfolio and book value, leading to unpredictable swings in reported earnings.

3. Regulatory, Economic, and Social Inflationary Pressures

The insurance industry is heavily regulated, and changes in laws or regulations can significantly impact Cincinnati Financial's operations. Furthermore, the company is susceptible to broader economic fluctuations, such as interest rate changes and economic inflation, which affect investment income and claim severity. Social inflation, characterized by increasing claim settlements and litigation trends, also drives up the cost of claims, particularly in commercial and liability lines, thereby challenging profitability and necessitating continuous adjustments to underwriting and pricing models.

AI Analysis | Feedback

The clear emerging threat to Cincinnati Financial is the rise of digitally native insurtech companies. These new entrants leverage advanced technologies such as artificial intelligence, machine learning, and big data analytics to offer more efficient, personalized, and often lower-cost insurance products across various lines, including commercial, personal, and life insurance. Their innovative distribution models, often direct-to-consumer or embedded within other services, bypass traditional agency networks and challenge established insurers' underwriting processes, claims handling, and customer experience, potentially eroding market share and profitability for companies like Cincinnati Financial.

AI Analysis | Feedback

Cincinnati Financial Corporation's main products and services operate within the following addressable markets in the United States:

  • Commercial Lines Insurance: The U.S. commercial insurance market was valued at approximately USD 294.6 billion in 2024 and is projected to grow to USD 489.1 billion by 2033. Another estimate indicates the U.S. Commercial Insurance Market was valued at USD 271.93 billion in 2025, with an expectation to reach USD 416.83 billion by 2035. Commercial lines typically account for about half of the total U.S. property/casualty insurance industry premium. Total direct written premiums for the U.S. property/casualty business reached $1.05 trillion in 2024.
  • Personal Lines Insurance: The U.S. personal lines insurance market was estimated at USD 15.24 billion in 2024 and is projected to reach USD 24.38 billion by 2032. Another source indicates that personal lines of business, including homeowners, farmowners, and private auto insurance, collectively amounted to $534.92 billion in 2024. Personal lines insurance represents over 54% of the U.S. property and casualty insurance sector's net written premiums in 2024.
  • Excess and Surplus Lines Insurance: The U.S. excess and surplus (E&S) lines market surpassed $100 billion in direct premiums written in 2023, growing to approximately $131 billion in 2024. Other data suggests U.S. E&S direct premiums written were $86.47 billion in 2023 and nearly $100 billion ($98.2 billion) in 2024. E&S premiums constituted about 9.5% of the total U.S. direct premiums written in 2024.
  • Life Insurance: The U.S. life insurance market generated revenue of USD 504.37 billion in 2020 and is projected to reach USD 848.14 billion by 2027. A separate estimate valued the U.S. life insurance market size at USD 1.93 trillion in 2024, with a projection to reach approximately USD 4.74 trillion by 2034. Total direct written premiums and deposits for the life insurance industry in the U.S. increased to $1.4 trillion in 2024.
  • Commercial Leasing and Financing Services: The revenue for the Commercial Leasing industry in the U.S. is estimated at $276.7 billion in 2026. The broader U.S. commercial real estate market was valued at $22.5 trillion as of the fourth quarter of 2023. Commercial real estate mortgage borrowing and lending totaled an estimated $498 billion in 2024. The United States Commercial Real Estate Market size is estimated at USD 1.74 trillion in 2026.
  • Insurance Brokerage Services: The United States insurance brokerage market was valued at USD 140.38 billion in 2025 and is estimated to reach USD 145.8 billion in 2026, with a forecast of USD 176.14 billion by 2031. Another source reports the market size of Insurance Brokers & Agencies in the U.S. as $261.7 billion in 2025.

AI Analysis | Feedback

Expected Drivers of Future Revenue Growth for Cincinnati Financial (CINF)

Cincinnati Financial is expected to drive future revenue growth over the next 2-3 years through several key strategies:
  • Strategic Pricing and Rate Increases: The company is employing prudent and strategic pricing, including rate increases across its insurance lines, to boost premiums. This approach is a crucial factor in enhancing the company's top-line revenue.
  • Expansion of Excess and Surplus (E&S) Lines: Cincinnati Financial is actively accelerating and expanding its Excess and Surplus lines segment, with a strategic priority for continued double-digit growth in this area. This expansion includes broadening its product offerings and geographic reach within specialty markets.
  • Agency Network Expansion and New Business Growth: The company maintains an agent-focused business model, emphasizing deepening relationships with its independent agency partners and expanding its network. This strategy aims to increase market penetration and drive new business written premiums across its commercial and personal lines.
  • Growth in Investment Income: Rising interest income from fixed-maturity securities and overall investment income growth are expected to significantly enhance Cincinnati Financial's net investment income, which is a substantial component of its total revenue.

AI Analysis | Feedback

Share Repurchases

  • No shares were repurchased by Cincinnati Financial during the second quarter of 2025.
  • While financing cash flow for the trailing twelve months ending September 30, 2025, included outflows for share repurchases, specific dollar amounts for recent repurchases were not explicitly detailed in the available information.

Share Issuance

  • Cincinnati Financial reported $0.0 in common stock issued over the last 12 months.
  • The number of shares outstanding for Cincinnati Financial has seen slight declines in recent years, with a 0.06% decrease in 2025 from 2024, a 0.19% decline in 2024 from 2023, and a 0.44% decline in 2023 from 2022.

Outbound Investments

  • Cincinnati Financial significantly grew its total investment portfolio, which reached $31.783 billion at year-end 2025, up from $28.378 billion a year earlier.
  • The company's long-term investments for 2024 were $28.378 billion, marking an 11.91% increase from 2023.
  • Active management of the investment portfolio included $492 million in fixed-maturity security purchases during the first six months of 2025, contributing to investment income growth.

Latest Trefis Analyses

Trade Ideas

Select ideas related to CINF.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
EEFT_4302026_Dip_Buyer_ValueBuy04302026EEFTEuronet WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%
HOMB_4242026_Insider_Buying_GTE_1Mil_EBITp+DE_V204242026HOMBHome BancSharesInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
1.5%1.5%0.0%
HBAN_3312026_Insider_Buying_45D_2Buy_200K03312026HBANHuntington BancsharesInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
7.1%7.1%0.0%
NP_3312026_Insider_Buying_45D_2Buy_200K03312026NPNeptune InsuranceInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
3.9%3.9%0.0%
JKHY_3272026_Monopoly_xInd_xCD_Getting_Cheaper03272026JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.3%0.3%-4.0%
CINF_3312020_Dip_Buyer_2_Growing_With_High_FCF_Yield03312020CINFCincinnati FinancialDip BuyDB | Growth | FCF YieldDip Buy with Growth and High Free Cash Flow Yield
Buying dips for companies with growth, and significant free cash flow yield (FCF / Market Cap)
5.1%40.9%-35.7%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

CINFCBTRVAIGHIGPRUMedian
NameCincinna.Chubb Traveler.American.Hartford.Prudenti. 
Mkt Price161.50319.64298.0476.36132.02100.81146.76
Mkt Cap25.1124.864.141.136.535.138.8
Rev LTM12,92861,19948,94226,61628,45162,97638,696
Op Inc LTM-------
FCF LTM3,43915,19711,4443,5255,8209,7857,802
FCF 3Y Avg2,72014,4429,5264,1635,2296,9836,106
CFO LTM3,45815,19711,4443,5255,9829,7857,884
CFO 3Y Avg2,74014,4429,5264,1635,4086,9836,196

Growth & Margins

CINFCBTRVAIGHIGPRUMedian
NameCincinna.Chubb Traveler.American.Hartford.Prudenti. 
Rev Chg LTM17.9%8.4%4.1%-2.4%6.3%3.8%5.2%
Rev Chg 3Y Avg20.5%11.3%9.1%0.7%8.2%0.4%8.6%
Rev Chg Q11.6%10.7%1.0%-2.3%5.6%14.8%8.1%
QoQ Delta Rev Chg LTM2.4%2.4%0.2%-0.6%1.4%3.3%1.9%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM26.7%24.8%23.4%13.2%21.0%15.5%22.2%
CFO/Rev 3Y Avg23.5%25.6%20.5%15.2%20.2%11.3%20.3%
FCF/Rev LTM26.6%24.8%23.4%13.2%20.5%15.5%21.9%
FCF/Rev 3Y Avg23.4%25.6%20.5%15.2%19.5%11.3%20.0%

Valuation

CINFCBTRVAIGHIGPRUMedian
NameCincinna.Chubb Traveler.American.Hartford.Prudenti. 
Mkt Cap25.1124.864.141.136.535.138.8
P/S1.92.01.31.51.30.61.4
P/Op Inc-------
P/EBIT7.28.26.59.57.0-7.2
P/E9.111.08.413.09.010.19.6
P/CFO7.38.25.611.76.13.66.7
Total Yield13.1%10.3%12.6%10.1%12.8%15.4%12.7%
Dividend Yield2.1%1.2%0.8%2.4%1.7%5.5%1.9%
FCF Yield 3Y Avg12.1%12.3%16.2%8.6%15.1%18.5%13.7%
D/E0.00.10.10.20.10.70.1
Net D/E-0.0-0.2-1.4-0.6-0.5-1.7-0.6

Returns

CINFCBTRVAIGHIGPRUMedian
NameCincinna.Chubb Traveler.American.Hartford.Prudenti. 
1M Rtn0.2%-2.5%0.3%-0.7%-3.8%4.0%-0.2%
3M Rtn-5.9%-3.1%-0.8%0.1%-7.0%-0.6%-2.0%
6M Rtn-0.8%11.8%7.3%0.4%2.9%-2.6%1.6%
12M Rtn11.8%11.7%12.2%-5.3%5.3%2.5%8.5%
3Y Rtn67.6%65.5%72.3%54.5%100.0%45.5%66.6%
1M Excs Rtn-9.9%-12.4%-10.1%-10.2%-14.4%-4.6%-10.1%
3M Excs Rtn-12.6%-9.9%-7.5%-6.6%-13.7%-7.3%-8.7%
6M Excs Rtn-6.8%4.7%-0.3%-7.7%-5.0%-9.7%-5.9%
12M Excs Rtn-17.6%-19.9%-18.8%-35.8%-26.3%-26.5%-23.1%
3Y Excs Rtn-14.0%-12.4%-5.1%-22.0%20.7%-36.9%-13.2%

Comparison Analyses

null

Financials

Segment Financials

Assets by Segment
$ Mil20252024202320222021
Investments27,88724,9991,51824,48121,332
Property casualty insurance5,9275,2949034,4213,838
Life insurance1,6581,5625,1781,5901,661
Other revenues1,02991422,133895711
Total36,50132,76929,73231,38727,542


Price Behavior

Price Behavior
Market Price$161.50 
Market Cap ($ Bil)25.1 
First Trading Date03/26/1990 
Distance from 52W High-5.9% 
   50 Days200 Days
DMA Price$162.34$158.77
DMA Trendupindeterminate
Distance from DMA-0.5%1.7%
 3M1YR
Volatility20.8%19.8%
Downside Capture0.400.23
Upside Capture35.3144.65
Correlation (SPY)25.3%26.7%
CINF Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta0.410.400.260.160.440.58
Up Beta0.360.230.340.430.710.65
Down Beta-3.450.210.00-0.180.140.61
Up Capture46%47%36%24%37%25%
Bmk +ve Days15223166141428
Stock +ve Days14223468141406
Down Capture61%56%22%6%44%72%
Bmk -ve Days4183056108321
Stock -ve Days8213057111344

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CINF
CINF13.8%19.7%0.54-
Sector ETF (XLF)5.2%14.6%0.1352.7%
Equity (SPY)29.0%12.5%1.8326.8%
Gold (GLD)39.8%27.0%1.22-7.2%
Commodities (DBC)50.6%18.0%2.21-14.2%
Real Estate (VNQ)13.0%13.5%0.6646.7%
Bitcoin (BTCUSD)-17.4%42.1%-0.3411.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CINF
CINF9.7%25.6%0.35-
Sector ETF (XLF)8.9%18.6%0.3665.8%
Equity (SPY)12.8%17.1%0.5948.6%
Gold (GLD)20.9%17.9%0.950.8%
Commodities (DBC)13.8%19.1%0.5910.3%
Real Estate (VNQ)3.4%18.8%0.0846.4%
Bitcoin (BTCUSD)7.0%56.0%0.3414.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CINF
CINF12.3%28.8%0.45-
Sector ETF (XLF)12.6%22.2%0.5269.7%
Equity (SPY)15.1%17.9%0.7257.8%
Gold (GLD)13.4%15.9%0.69-0.5%
Commodities (DBC)9.3%17.8%0.4417.3%
Real Estate (VNQ)5.8%20.7%0.2454.8%
Bitcoin (BTCUSD)67.8%66.9%1.0710.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity2.3 Mil
Short Interest: % Change Since 3312026-7.9%
Average Daily Volume0.6 Mil
Days-to-Cover Short Interest3.9 days
Basic Shares Quantity155.3 Mil
Short % of Basic Shares1.5%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/27/2026-0.4%-3.7% 
2/9/2026-3.3%-1.6%-2.8%
10/27/2025-3.7%-2.5%6.8%
7/28/20253.6%1.8%4.4%
4/28/20252.9%5.9%8.8%
2/10/20252.8%0.7%3.2%
10/24/20242.2%1.9%13.2%
7/25/20243.0%8.0%10.4%
...
SUMMARY STATS   
# Positive151416
# Negative9107
Median Positive3.0%3.1%7.7%
Median Negative-3.9%-3.1%-3.2%
Max Positive6.9%10.2%20.9%
Max Negative-13.9%-14.8%-9.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202604/27/202610-Q
12/31/202502/23/202610-K
09/30/202510/27/202510-Q
06/30/202507/28/202510-Q
03/31/202504/28/202510-Q
12/31/202402/24/202510-K
09/30/202410/24/202410-Q
06/30/202407/25/202410-Q
03/31/202404/25/202410-Q
12/31/202302/26/202410-K
09/30/202310/26/202310-Q
06/30/202307/27/202310-Q
03/31/202304/27/202310-Q
12/31/202202/23/202310-K
09/30/202210/31/202210-Q
06/30/202207/27/202210-Q

Recent Forward Guidance [BETA]

Latest: Q4 2025 Earnings Reported 2/9/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Combined Ratio0.920.950.980.0%0.0%AffirmedActual: 0.95 for 2025

Prior: Q3 2025 Earnings Reported 10/27/2025

null

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Debbink, Dirk JTrustBuy2122026162.581,000162,5809,845,784Form
2Wilkins, Edward ScottDirectBuy12042025163.7714022,92822,928Form
3Debbink, Dirk JTrustBuy10292025153.981,000153,9809,005,020Form
4Schiff, Charles OdellCharitable FoundationSell8182025153.543,500537,40427,799,927Form