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CINCINNATI FINANCIAL CORP (CINF)

As-reported financials and SEC filings for CINCINNATI FINANCIAL CORP. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About CINCINNATI FINANCIAL CORP

Cincinnati Financial Corporation is an insurance company based in Ohio that primarily offers property casualty insurance through independent insurance agencies in 46 states. Its main products include business, homeowner, and auto insurance policies, as well as life insurance and fixed annuities through its subsidiaries. The company also provides excess and surplus lines insurance, reinsurance services, insurance brokerage, and commercial leasing and financing services to agencies and their clients.

Snapshot

Revenue
$12.63B
Revenue growth (YoY)
11.4%
Net income
$2.39B
Diluted EPS
$15.17
Gross margin
Operating margin
Net margin
18.9%
FCF margin
24.5%
ROE
15.0%
net income / fiscal-year-end equity
P/E
8.0×
trailing when available, otherwise FY EPS
Market cap
$26.15B
Long-term debt / equity
0.05×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Cincinnati Financial

  • Revenue grew 11.4% to $12.6B in FY2025, in line with the 13.2% the year before.
  • Most recent quarter Q2 FY2026: revenue $4.3B, up 31.6% from Q2 FY2025.
  • Free cash flow was $3.1B in FY2025, 24.5% of revenue.
  • Net income rose 4.4% to $2.4B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Cincinnati Financial’s fundamentals sit among the 88 insurance companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin18.9%
78th percentile of 82
FCF margin24.5%
80th percentile of 55
Revenue growth (YoY)+11.4%
57th percentile of 88
ROE15.0%
57th percentile of 73
P/E8.0×
30th percentile of 72
Long-term debt / equity0.05×
19th percentile of 48
Short interest6.95d
83rd percentile of 87

1 reported insider purchase (code P) totaling $171,640 in the last 90 days, against 1 sale totaling $1.3M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+4 quant / multi-strat
Initiated / added
2
0 new, 2 added
Reduced / exited
4
3 trimmed, 1 exited
Combined position
$215.8M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$121.7M657.1KReduced
Millennium ManagementquantQ2 2026$31.8M171.7KAdded
Gotham Asset ManagementQ2 2026$30.3M163.9KReduced
Two Sigma InvestmentsquantQ2 2026$19.6M106.1KReduced
Citadel AdvisorsquantQ2 2026$12.4M66.7KAdded

No longer held by: Bridgewater Associates (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$172K
code P value
Sells (90d)
1
$1.3M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-25
filed 2026-08-27
Debbink Dirk JDirectorBuy1.0K$171.64$172K
2026-08-03
filed 2026-08-04
Schiff Charles OdellDirectorSell7.6K$175.40$1.3M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.5M
settled 2026-08-14
Change vs prior
-5.8%
vs previous settlement
Days to cover
6.95
at avg daily volume
Avg daily volume
501.5K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-143.5M-5.8%6.95
2026-07-313.7M+8.4%3.96
2026-07-153.4M-14.6%3.57
2026-06-304.0M+23.2%3.70
2026-06-153.2M+9.6%4.63
2026-05-293.0M+1.3%5.38
2026-05-152.9M+4.2%4.58
2026-04-302.8M+20.5%3.23

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$12.63B$11.34B$10.01B$6.56B$9.63B
Gross profit
Operating income
Net income$2.39B$2.29B$1.84B$-487.0M$2.97B
Diluted EPS$15.17$14.53$11.66$-3.06$18.24

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$1.43B$983.0M$907.0M$1.26B$1.14B
Current assets
Total assets$41.00B$36.50B$32.77B$29.73B$31.39B
Current liabilities
Long-term debt$861.0M$850.0M$849.0M$841.0M$843.0M
Total liabilities$25.09B$22.57B$20.67B$19.17B$18.28B
Total equity$15.91B$13.94B$12.10B$10.56B$12.76B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$3.11B$2.65B$2.05B$2.05B$1.98B
Capital expenditure$20.0M$22.0M$18.0M$15.0M$15.0M
Free cash flow$3.09B$2.63B$2.03B$2.04B$1.97B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$4.27B31.6%$1.25B$8.05
Q1 FY2026$2.86B11.6%$274.0M$1.75
Q4 FY2025$3.09B21.8%$676.0M$4.29
Q3 FY2025$3.73B12.2%$1.12B$7.11
Q2 FY2025$3.25B27.7%$685.0M$4.34
Q1 FY2025$2.57B-12.6%$-90.0M$-0.57
Q4 FY2024$2.54B-24.4%$405.0M$2.56
Q3 FY2024$3.32B83.3%$820.0M$5.20

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorFinancials
SIC industryFire, Marine & Casualty Insurance
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2017
SEC CIK20286

Selected SEC filings

10-K2026-02-23
View on EDGAR →
10-K2025-02-24
View on EDGAR →
10-Q2026-07-27
View on EDGAR →
10-Q2026-04-27
View on EDGAR →
10-Q2025-10-27
View on EDGAR →
10-Q2025-07-28
View on EDGAR →
8-K2026-08-25
View on EDGAR →
8-K2026-08-21
View on EDGAR →

Largest insurance peers

All insurance stocksAll Financials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.