CINF · Q3 FY24 · Jul 1 – Sep 30, 2024
Cincinnati Financial Q3 FY24: where the revenue came from and where it went
Cincinnati Financial Q3 FY24: revenue $3.3B (+83% year over year). Net profit $0.8B. Largest cohort Commercial insurance $1.1B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jul 1 – Sep 30, 2024
- Reported
- Oct 24, 2024
Tap the diagram to enlarge · figures in billions of dollars
Revenue$3.32B
+83% year over year
Operating profit$1.04B
31% margin
Net profit$0.82B
25% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 3.32 | 100% | +83% |
| Commercial insurance | 1.14 | 34% | |
| Investment | 1.02 | 31% | |
| Personal insurance | 0.68 | 20% | |
| Corporate, non- | 0.25 | 7% | |
| Excess | 0.16 | 5% | |
| Life insurance | 0.08 | 2% | |
| Claims & benefits | −1.58 | 48% | −26pp |
| Policy acquisition | −0.44 | 13% | −7pp |
| Interest | −0.01 | 0% | +0pp |
| Underwriting | −0.01 | 0% | +0pp |
| Other | −0.25 | 7% | +0pp |
| Operating profit | 1.04 | 31% margin | +39pp |
| Tax | −0.22 | ||
| Net profit | 0.82 | 25% | +30pp |
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