Financials · Property & Casualty Insurance · US stock · price as of 16 Oct 2026
Key indicators
Price
$171.25
52-week range
$146.70 – $193.71
Market cap
$26.7B
P/E (trailing)
8.1×
Dividend yield
2.2%
Revenue (last 12 months)
$14.0B
Revenue growth (3y a year)
24.4%
Price / book
1.6×
Return on equity
20.0%
Fair value
Blended fair value$185.62 book-value models
Versus priceFair+8% to fair value
Excess-return model (banks, insurers)
$145.73
Price / book vs return on equity
$245.44
Model uncertainty
High
X-Ray Score
64/ 100 · Medium confidence · ahead of 89% of sector peers
Valuation78
Growth62
Profitability49
Financial health66
Dividends66
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
Cincinnati Financial is an insurance holding company whose main subsidiary sells commercial, personal and specialty property and casualty insurance through independent agents, mainly in the United States. It also offers life insurance and surplus lines coverage, and holds a large investment portfolio including equities. Revenue comes from premiums and investment income, so catastrophe losses and market movements affect results.
Revenue at Cincinnati Financial Corp was $14.0 billion across the last twelve months. Across three years, sales expanded by 24.4% a year. Operating profit was 30.2% of revenue. It earned a return on invested capital of 22%. Shareholders receive a dividend yielding 2.2%.
StocksXray gives Cincinnati Financial Corp an X-Ray Score of 64 out of 100 (medium confidence), ahead of 89% of the S&P 500 stocks in its sector. Its strongest lens is valuation (78) and its weakest is profitability (49).
Our fair value blend is $185.62. At $171.25 the stock trades 8% below that blend, so the label is "Fair" with high model uncertainty. Fair value is a range, not a price target.
XStocksXray
Cincinnati Financial Corp (CINF)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2021
FY2022
FY2023
FY2024
FY2025
Now
Price
$101.17
$93.19
$96.91
$138.09
$160.56
$171.25
Market cap
$16.5B
$14.8B
$15.3B
$21.8B
$25.3B
$26.7B
P/E
5.5×
–
8.3×
9.5×
10.6×
8.1×
Price / book
1.3×
1.4×
1.3×
1.6×
1.6×
1.6×
Dividend yield
2.49%
2.96%
3.10%
2.35%
2.17%
2.15%
Fundamentals checklist ● 2 Good · ● 3 Average · ● 1 Bad · each check graded against the sector
Risk models
Piotroski F-Score6 of 9Average
Growth
Revenue growth (3y)24.4%Good
Growth consistency70%Bad
Valuation
Fair value vs price1.1×Average
Profitability
Return on invested capital21.5%Good
Operating margin30.2%Average
XStocksXray
Cincinnati Financial Corp (CINF)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY21
FY22
FY23
FY24
FY25
LTM
Revenue
9,626
6,563
10,013
11,337
12,631
13,954
Net income
2,968
-487
1,843
2,292
2,393
3,327
Diluted EPS ($)
18.24
-3.06
11.66
14.53
15.17
21.18
Net margin
30.8%
−7.4%
18.4%
20.2%
18.9%
23.8%
Balance sheet
FY21
FY22
FY23
FY24
FY25
LTM
Total assets
31,387
29,732
32,769
36,501
41,002
43,231
Cash
1,139
1,264
907
983
1,431
1,750
Total debt
843
841
849
850
861
859
Equity
12,764
10,562
12,098
13,935
15,911
16,671
Dividend per share ($)
2.52
2.76
3.00
3.24
3.48
3.62
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.