Cincinnati Financial Corp.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.18B | $5.73B | $5.43B | $5.15B | $4.91B | $4.54B | $4.04B | $3.74B |
| Earned Premiums | $5.36B | $5.03B | $4.72B | $4.42B | $4.17B | $3.81B | $3.41B | $3.18B |
| Net Investment Income | $590.0M | $558.0M | $538.0M | $522.0M | $511.0M | $493.0M | $485.0M | $491.0M |
| Investment Gains (Losses) | $-799.0M | $118.0M | $146.0M | $184.0M | $209.0M | $220.0M | $132.0M | $47.0M |
| Other Income | $33.0M | $30.0M | $28.0M | $23.0M | $22.0M | $18.0M | $18.0M | $15.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $304.0M | $783.0M | $865.0M | $934.0M | $774.0M | $768.0M | $620.0M | $227.0M |
| Operating Margin | 5.9% | 13.7% | 15.9% | 18.1% | 15.8% | 16.9% | 15.3% | 6.1% |
| Interest Expense | $53.0M | $53.0M | $53.0M | $53.0M | $53.0M | $54.0M | $54.0M | $54.0M |
| Pretax Income | $251.0M | $730.0M | $812.0M | $881.0M | $721.0M | $714.0M | $566.0M | $173.0M |
| Income Tax Expense | $-36.0M | $-315.0M | $221.0M | $247.0M | $196.0M | $197.0M | $145.0M | $9.0M |
| Net Income | $287.0M | $1.05B | $591.0M | $634.0M | $525.0M | $517.0M | $421.0M | $164.0M |
| Net Margin | 5.5% | 18.2% | 10.9% | 12.3% | 10.7% | 11.4% | 10.4% | 4.4% |
| EPS (Basic) | $1.76 | $6.36 | $3.59 | $3.87 | $3.21 | $3.16 | $2.59 | $1.01 |
| EPS (Diluted) | $1.75 | $6.29 | $3.55 | $3.83 | $3.18 | $3.12 | $2.57 | $1.01 |
| Shares Outstanding (Basic) | 163.2M | 164.2M | 164.5M | 164.0M | 163.5M | 163.5M | 162.5M | 162.7M |
| Shares Outstanding (Diluted) | 164.5M | 166.0M | 166.5M | 165.6M | 165.1M | 165.4M | 163.7M | 163.3M |
| Dividends Per Share | $2.12 | $2.50 | $1.92 | $2.30 | $1.76 | $1.66 | $1.62 | $1.61 |