CINF on Nasdaq
Cincinnati Financial
Logo: https://www.cinfin.com/, Non-free logo, via Wikipedia5
American insurance company
Cincinnati Financial Corporation offers property and casualty insurance, its main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. The company has 1.01% of the domestic property and casualty insurance premiums, which ranks it as the 20th largest insurance company by market share in the U.S. The Cincinnati Insurance Company was founded in 1950 by four agents, including brothers John Jack Schiff and Robert Cleveland Schiff, Chester T Field and Harry M Turner.3 From Wikipedia, CC BY-SA 4.0
$167.01 up 0.34 (0.20%)Price as of Oct 15, 2026 at 19:45 UTC
Last updated Oct 16, 2026.
Overview
1950Founded1
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- TickerCINF on Nasdaq1
- Industryinsurance1
- HeadquartersFairfield1
- Websitewww.cinfin.com
- Incorporated inOH6
- Business address6200 S Gilmore Rd, Fairfield, Oh 450146
- Filer categoryLarge accelerated filer6
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Cincinnati Financial Corporation offers property and casualty insurance, its main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. The company has 1.01% of the domestic property and casualty insurance premiums, which ranks it as the 20th largest insurance company by market share in the U.S.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
18.9%Net margin7
11.4%Revenue growth, 20257
15.0%Return on equity7
0.05×Debt to equity7
$3.1BFree cash flow7
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Commercial Lines Insurance brought in 42% of the revenue Cincinnati Financial broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Commercial Lines Insurance | $4.3B | $4.5B | $4.9B |
| Personal Lines Insurance | $2.0B | $2.6B | $3.2B |
| Investment Segment of CINF | $2.0B | $2.4B | $2.6B |
| Excess and Surplus Lines Insurance | $545.0M | $618.0M | $702.0M |
| Life Insurance | $323.0M | $326.0M | $336.0M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs76¢$9.6B
- Interest0¢$53.0M
- Income tax5¢$587.0M
- Profit19¢$2.4B
Out of $12.6B in revenue.7
Where each dollar of operating cash went, fiscal 2025
- Capital spending1¢$20.0M
- Dividends paid17¢$525.0M
- Share buybacks7¢$205.0M
- Kept or used elsewhere76¢$2.4B
Out of $3.1B of cash from operations.7
Financial statements
Every line of the income statement in the latest annual report, as filed.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Earned premiums | $10.0B | $8.9B | $8.0B |
| Investment income, net of expenses | $1.2B | $1.0B | $894.0M |
| Investment gains and losses, net | $1.4B | $1.4B | $1.1B |
| Fee revenues | $20.0M | $17.0M | $21.0M |
| Other revenues | $21.0M | $15.0M | $13.0M |
| Total revenues | $12.6B | $11.3B | $10.0B |
| Insurance losses and contract holders' benefits | $6.6B | $5.7B | $5.3B |
| Underwriting, acquisition and insurance expenses | $2.9B | $2.7B | $2.4B |
| Interest expense | $53.0M | $53.0M | $54.0M |
| Other operating expenses | $34.0M | $32.0M | $25.0M |
| Total benefits and expenses | $9.7B | $8.5B | $7.7B |
| Income Before Income Taxes | $3.0B | $2.9B | $2.3B |
| Current | $304.0M | $449.0M | $210.0M |
| Deferred | $283.0M | $117.0M | $223.0M |
| Total provision for income taxes | $587.0M | $566.0M | $433.0M |
| Net Income | $2.4B | $2.3B | $1.8B |
| Net incomebasic | $15.32 | $14.65 | $11.74 |
| Net incomediluted | $15.17 | $14.53 | $11.66 |
Every line of the balance sheet in the latest annual report, as filed.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Fixed maturities, at fair value (amortized cost: 2025$18,304; 2024$16,735) | $18.1B | $16.2B | |
| Equity securities, at fair value (cost: 2025$4,155; 2024$3,953) | $12.7B | $11.2B | |
| Short-term investments, at fair value (amortized cost: 2025$148; 2024$298) | $148.0M | $298.0M | |
| Other invested assets | $818.0M | $713.0M | |
| Total investments | $31.8B | $28.4B | |
| Cash and cash equivalents | $1.4B | $983.0M | |
| Investment income receivable | $235.0M | $222.0M | |
| Finance receivable | $146.0M | $120.0M | |
| Premiums receivable | $3.1B | $3.0B | |
| Reinsurance recoverable | $655.0M | $523.0M | |
| Prepaid reinsurance premiums | $71.0M | $70.0M | |
| Deferred policy acquisition costs | $1.3B | $1.2B | $1.1B |
| Land, building and equipment, net, for company use (accumulated depreciation: 2025$367; 2024$347) | $219.0M | $214.0M | |
| Other assets | $995.0M | $828.0M | |
| Separate accounts | $981.0M | $952.0M | |
| Total assets | $41.0B | $36.5B | |
| Loss and loss expense reserves | $11.5B | $10.0B | |
| Life policy and investment contract reserves | $3.0B | $3.0B | |
| Unearned premiums | $5.3B | $4.8B | |
| Other liabilities | $1.6B | $1.5B | |
| Deferred income tax | $1.8B | $1.5B | |
| Note payable | $25.0M | $25.0M | |
| Long-Term Debt and Lease Obligation | $861.0M | $850.0M | |
| Separate accounts | $981.0M | $952.0M | |
| Total liabilities | $25.1B | $22.6B | |
| Common stock, par value$2 per share; (authorized: 2025 and 2024500 million shares; issued: 2025 and 2024198.3 million shares) | $397.0M | $397.0M | |
| Paid-in capital | $1.6B | $1.5B | |
| Retained earnings | $16.7B | $14.9B | |
| Accumulated other comprehensive loss | -$34.0M | -$309.0M | |
| Treasury stock, at cost (202542.9 million shares and 202441.9 million shares) | -$2.7B | -$2.5B | |
| Total shareholders' equity | $15.9B | $13.9B | $12.1B |
| Total liabilities and shareholders' equity | $41.0B | $36.5B | |
| Fixed maturities, amortized cost | $18.3B | $16.7B | |
| Equity securities, cost | $4.2B | $4.0B | |
| Short-term investments, amortized cost | $148.0M | $298.0M | |
| Land, building and equipment, accumulated depreciation | $367.0M | $347.0M | |
| Common stock, par value | $2.00 | $2.00 | |
| Common stock, shares authorized | 500.0M shares | 500.0M shares | |
| Common stock, shares, issued | 198.3M shares | 198.3M shares | |
| Treasury Stock, Shares | 42.9M shares | 41.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net Income | $2.4B | $2.3B | $1.8B |
| Depreciation, amortization and other | $168.0M | $130.0M | $112.0M |
| Investment gains and losses, net | -$1.4B | -$1.4B | -$1.1B |
| Interest credited | $44.0M | $44.0M | $45.0M |
| Deferred income tax expense | $283.0M | $117.0M | $223.0M |
| Premiums and reinsurance receivable | -$306.0M | -$266.0M | -$264.0M |
| Deferred policy acquisition costs | -$102.0M | -$149.0M | -$80.0M |
| Other assets | -$73.0M | -$14.0M | -$30.0M |
| Loss and loss expense reserves | $1.5B | $953.0M | $650.0M |
| Life policy and investment contract reserves | $55.0M | $69.0M | $99.0M |
| Unearned premiums | $441.0M | $694.0M | $430.0M |
| Other liabilities | $84.0M | $134.0M | $90.0M |
| Current income tax receivable/payable | $26.0M | $12.0M | $42.0M |
| Net cash provided by operating activities | $3.1B | $2.6B | $2.1B |
| Sale, call or maturity of fixed maturities | $3.8B | $3.2B | $1.1B |
| Sale of equity securities | $335.0M | $1.6B | $206.0M |
| Purchase of fixed maturities | -$5.4B | -$5.7B | -$2.6B |
| Purchase of equity securities | -$409.0M | -$321.0M | -$220.0M |
| Change in short-term investments, net | $156.0M | -$295.0M | $0 |
| Changes in finance receivables | -$30.0M | -$15.0M | -$15.0M |
| Investment in buildings and equipment | -$20.0M | -$22.0M | -$18.0M |
| Change in other invested assets, net | -$112.0M | -$112.0M | -$143.0M |
| Net cash used in investing activities | -$1.7B | -$1.7B | -$1.6B |
| Payment of cash dividends to shareholders | -$525.0M | -$490.0M | -$454.0M |
| Shares acquired - share repurchase authorization | -$205.0M | -$126.0M | -$67.0M |
| Changes in note payable | $0 | $0 | -$25.0M |
| Proceeds from stock options exercised | $10.0M | $10.0M | $9.0M |
| Contract holders' funds deposited | $66.0M | $73.0M | $83.0M |
| Contract holders' funds withdrawn | -$166.0M | -$190.0M | -$218.0M |
| Other | -$153.0M | -$154.0M | -$129.0M |
| Net cash used in financing activities | -$973.0M | -$877.0M | -$801.0M |
| Net change in cash and cash equivalents | $448.0M | $76.0M | -$357.0M |
| Interest paid | $53.0M | $53.0M | $54.0M |
| Income taxes paid | $220.0M | $395.0M | $136.0M |
| Equipment acquired under finance lease obligations | $24.0M | $19.0M | $20.0M |
| Share-based compensation | $37.0M | $51.0M | $19.0M |
| Other assets and other liabilities | $113.0M | $103.0M | $77.0M |
Leadership
Who has led Cincinnati Financial, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
197019801990200020102020
- Chief executive officerStephen M. Spray Aug 21, 2024 to now16
- Chief executive officerSteven J. Johnston May 4, 2011 to Mar 5, 202417
- Chief executive officerKenneth W. Stecher Nov 18, 2008 to Feb 23, 201118
- Chief executive officerJohn J. Schiff Jr. Jan 27, 2005 to May 23, 200819
- ChairSteven J. Johnston Nov 4, 2020 to now20
- ChairKenneth W. Stecher May 6, 2011 to Nov 15, 201621
- ChairJohn J. Schiff Jr. Aug 31, 2007 to Mar 4, 201422
- PresidentStephen M. Spray Feb 23, 2022 to now23
- PresidentSteven J. Johnston May 4, 2011 to Mar 3, 202217
- PresidentMartin F. Hollenbeck Feb 8, 2008 to Feb 20, 200824
- PresidentThomas A. Joseph Nov 18, 2008 to Mar 5, 201225
- PresidentLarry R. Plum Mar 21, 2007 to May 23, 200826
- PresidentJames E. Benoski Mar 22, 2007 to May 16, 200827
- PresidentDavid H. Popplewell Jun 21, 2007 to Nov 17, 201528
- PresidentJohn J. Schiff Jr. Jan 27, 2005 to Feb 8, 200719
- PresidentKenneth W. Stecher Dec 19, 2003 to Feb 23, 201129
- Chief financial officerMichael J. Sewell Jun 2, 2011 to now30
- Chief financial officerSteven J. Johnston Jul 3, 2008 to Feb 23, 201131
- Chief financial officerKenneth W. Stecher Jan 21, 2004 to Feb 14, 200732
- Chief operating officerJames E. Benoski Aug 31, 2007 to May 16, 200833
Board members and other officers (61)
- Senior Vice President-SubAndrew Michael Schnell Feb 9, 2026 to now34
- Senior Vice President-SubLuyang Fu Feb 9, 2026 to now35
- Senior Vice President-SubRobert Philip Sandercox Feb 9, 2026 to now36
- Senior Vice President - SubChet Hogan Swisher Feb 12, 2025 to now37
- Senior Vice President - SubDawn Shannon Chapel Feb 12, 2025 to now38
- Senior Vice President - SubScott Alan Schuler Feb 12, 2025 to now39
- Senior Vice President- SubSteven Anthony Soloria Feb 6, 2023 to now40
- SrVP/Chief Claims OfficerMarc Jon Schambow May 17, 2022 to now41
- Senior Vice PresidentAngela Ossello Delaney May 12, 2020 to now42
- Sr Vice President - SubsidiarySean Michael Givler May 16, 2017 to now43
- Sr Vice President - SubsidiaryTheresa A. Hoffer May 16, 2017 to now44
- Sr. Vice President-SubsidiaryDen Heuvel Will H. Van Apr 30, 2014 to now45
- Sr Vice President - SubsidiaryStephen M. Spray May 4, 2012 to Nov 9, 202146
- Sr VP, Gen. Counsel, Corp SecLisa Anne Love May 4, 2011 to Mar 3, 202247
- Sr VP & Chief Risk Off. - SubTeresa C. Cracas May 4, 2011 to now48
- Chief Info Officer-SubsidiaryJohn S. Kellington May 7, 2010 to now49
- Sr Vice President - SubsidiaryCharles P. Stoneburner Ii. Feb 8, 2008 to Nov 17, 201650
- Sr Vice President - SubsidiaryDonald J. Doyle Jr. Feb 8, 2008 to now51
- Sr Vice President -Martin J. Mullen Jun 24, 2008 to Dec 7, 202052
- Sr Vice President- SubsidiaryLarry R. Plum Nov 18, 2008 to Mar 3, 200953
- Sr. Vice PresidentMartin F. Hollenbeck Nov 18, 2008 to Mar 3, 202254
- Sr Vice President - SubsidiaryCraig W. Forrester Feb 14, 2007 to Oct 1, 201255
- Sr. Vice President -Joan O. Shevchik Nov 26, 2007 to Mar 5, 201456
- Executive Vice President &Kenneth W. Stecher Nov 26, 2007 to Feb 20, 200857
- Sr. Vice President -Thomas A. Joseph Nov 26, 2007 to Mar 13, 200858
- SR. VICE PRESIDENTDaniel T. McCurdy Jun 14, 2004 to Jul 5, 200759
- SR. VICE PRESIDENTTimothy L. Timmel Jul 1, 2003 to Mar 3, 201760
- SR. VICE PRESIDENTJ. F. Scherer Jul 25, 2003 to Mar 5, 201961
- VICE PRESIDENTKenneth S. Miller Sep 5, 2003 to Nov 26, 200762
- RETIRED DIRECTORJames E. Benoski Sep 19, 2003 to Dec 1, 200863
- ASST.TREASURER & ASST. SECRETAEric N. Mathews Nov 26, 2003 to Jun 6, 201664
- Board memberEdward Scott Wilkins Jul 2, 2025 to now65
- Board memberCheng-Sheng Peter Wu Feb 5, 2024 to now66
- Board memberStephen M. Spray Nov 19, 2024 to now67
- Board memberCharles Odell Schiff Aug 14, 2020 to now68
- Board memberNancy Cunningham Benacci Aug 14, 2020 to now69
- Board memberJill P. Meyer Pratt Aug 19, 2019 to now70
- Board memberThomas J. Aaron Nov 21, 2019 to Jan 29, 202471
- Board memberDavid P. Osborn Nov 22, 2013 to now72
- Board memberSteven J. Johnston May 4, 2011 to Mar 4, 202017
- Board memberLinda W. Clement-Holmes Feb 8, 2010 to now73
- Board memberKenneth W. Stecher Aug 13, 2008 to Mar 11, 202074
- Board memberGregory T. Bier Nov 27, 2006 to Feb 3, 202075
- Board memberJohn F. Steele Jr. May 10, 2005 to now76
- Board memberE. Anthony Woods Jan 21, 2004 to Feb 3, 201477
- Board memberFrank J. Schulteis Jan 21, 2004 to Jan 27, 200578
- Board memberGretchen W. Price Jan 21, 2004 to now79
- Board memberJohn M. Shepherd Jan 21, 2004 to Feb 1, 200780
- Board memberKenneth C. Lichtendahl Jan 21, 2004 to Jan 31, 202281
- Board memberLarry R. Webb Jan 21, 2004 to now82
- Board memberWilliam F. Bahl Jan 21, 2004 to Jan 31, 202283
- Board memberDirk J. Debbink May 6, 2004 to now84
- Board memberDouglas S. Skidmore May 6, 2004 to now85
- Board memberJohn E. Field Jul 7, 2003 to Jul 26, 200486
- Board memberJohn J. Schiff Jr. Jul 23, 2003 to Feb 21, 201787
- Board memberRodney McMullen Aug 5, 2003 to Feb 3, 202088
- Board memberRobert C. Schiff Aug 29, 2003 to Jan 27, 200589
- Board memberJames E. Benoski Sep 19, 2003 to Mar 12, 201063
- Board memberThomas R. Schiff Oct 2, 2003 to Feb 1, 202190
- General counselThomas Christopher Hogan May 13, 2024 to now91
- General counselLisa Anne Love Jun 9, 2022 to Mar 5, 202492
Timeline
Recent filings
- Sep 28, 20268-K
- Aug 27, 20264 PRIMARY DOCUMENT
- Aug 26, 2026N-PX
- Aug 25, 20268-K
- Aug 21, 20268-K
- Aug 6, 202613F-HR
- Aug 4, 20264 PRIMARY DOCUMENT
- Jul 27, 20268-K
- Jul 27, 202610-Q
- Jun 26, 20263 PRIMARY DOCUMENT
- Jun 22, 20268-K
- Jun 17, 202611-K
- Jun 16, 20268-K
- Jun 10, 20264 PRIMARY DOCUMENT
- Jun 1, 20264 PRIMARY DOCUMENT
Every filing from the last three years, summarized. The full record is on SEC EDGAR.2
Links
- Websitewww.cinfin.com1
- WikipediaCincinnati Financial
- WikidataQ5120253
- SEC EDGARCIK 20286
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataCincinnati Financial on Wikidata
- 2
- 3WikipediaCincinnati Financial on Wikipedia
- 4Yahoo FinanceCINF quote
- 5Wikimedia CommonsCincinnati Financial logo by https://www.cinfin.com/, Non-free logo
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- 20SEC EDGARSteven J. Johnston, Chair
- 21SEC EDGARKenneth W. Stecher, Chair
- 22SEC EDGARJohn J. Schiff Jr., Chair
- 23SEC EDGARStephen M. Spray, President
- 24SEC EDGARMartin F. Hollenbeck, President
- 25SEC EDGARThomas A. Joseph, President
- 26SEC EDGARLarry R. Plum, President
- 27SEC EDGARJames E. Benoski, President
- 28SEC EDGARDavid H. Popplewell, President
- 29SEC EDGARKenneth W. Stecher, President
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- 35SEC EDGARLuyang Fu, Senior Vice President-Sub
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- 61SEC EDGARJ. F. Scherer, SR. VICE PRESIDENT
- 62SEC EDGARKenneth S. Miller, VICE PRESIDENT
- 63SEC EDGARJames E. Benoski, RETIRED DIRECTOR
- 64
- 65SEC EDGAREdward Scott Wilkins, Board member
- 66SEC EDGARCheng-Sheng Peter Wu, Board member
- 67SEC EDGARStephen M. Spray, Board member
- 68SEC EDGARCharles Odell Schiff, Board member
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- 70SEC EDGARJill P. Meyer Pratt, Board member
- 71SEC EDGARThomas J. Aaron, Board member
- 72SEC EDGARDavid P. Osborn, Board member
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- 74SEC EDGARKenneth W. Stecher, Board member
- 75SEC EDGARGregory T. Bier, Board member
- 76SEC EDGARJohn F. Steele Jr., Board member
- 77SEC EDGARE. Anthony Woods, Board member
- 78SEC EDGARFrank J. Schulteis, Board member
- 79SEC EDGARGretchen W. Price, Board member
- 80SEC EDGARJohn M. Shepherd, Board member
- 81SEC EDGARKenneth C. Lichtendahl, Board member
- 82SEC EDGARLarry R. Webb, Board member
- 83SEC EDGARWilliam F. Bahl, Board member
- 84SEC EDGARDirk J. Debbink, Board member
- 85SEC EDGARDouglas S. Skidmore, Board member
- 86SEC EDGARJohn E. Field, Board member
- 87SEC EDGARJohn J. Schiff Jr., Board member
- 88SEC EDGARRodney McMullen, Board member
- 89SEC EDGARRobert C. Schiff, Board member
- 90SEC EDGARThomas R. Schiff, Board member
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- 92SEC EDGARLisa Anne Love, General counsel