GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Cincinnati Financial Corp (NAS:CINF) » Definitions » Pretax Margin %

Cincinnati Financial (Cincinnati Financial) Pretax Margin % : 32.47% (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Cincinnati Financial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cincinnati Financial's Pre-Tax Income for the three months ended in Mar. 2024 was $953 Mil. Cincinnati Financial's Revenue for the three months ended in Mar. 2024 was $2,935 Mil. Therefore, Cincinnati Financial's pretax margin for the quarter that ended in Mar. 2024 was 32.47%.

The historical rank and industry rank for Cincinnati Financial's Pretax Margin % or its related term are showing as below:

CINF' s Pretax Margin % Range Over the Past 10 Years
Min: -10.57   Med: 16.02   Max: 38.42
Current: 27.66


CINF's Pretax Margin % is ranked better than
85.66% of 488 companies
in the Insurance industry
Industry Median: 10.145 vs CINF: 27.66

Cincinnati Financial Pretax Margin % Historical Data

The historical data trend for Cincinnati Financial's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cincinnati Financial Pretax Margin % Chart

Cincinnati Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.20 19.89 38.42 -10.57 22.73

Cincinnati Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.96 25.57 -8.17 44.40 32.47

Competitive Comparison of Cincinnati Financial's Pretax Margin %

For the Insurance - Property & Casualty subindustry, Cincinnati Financial's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cincinnati Financial's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Cincinnati Financial's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Cincinnati Financial's Pretax Margin % falls into.



Cincinnati Financial Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Cincinnati Financial's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=2276/10013
=22.73 %

Cincinnati Financial's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=953/2935
=32.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cincinnati Financial  (NAS:CINF) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Cincinnati Financial Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Cincinnati Financial's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cincinnati Financial (Cincinnati Financial) Business Description

Traded in Other Exchanges
Address
6200 S. Gilmore Road, Fairfield, OH, USA, 45014-5141
Cincinnati Financial Corp is a property and casualty insurance company that generates income through written premiums. A select group of independent agencies actively markets the company's business, home, and automotive insurance within their communities. These agents offer the company's personal lines as well as its standard market, excess, and surplus commercial line policies in many regions in the United States. Cincinnati Financial also offers leasing and financing services. The company operates in segments: Commercial lines insurance, Personal lines insurance, and Excess and surplus lines insurance, Life insurance, and Investments. The vast majority of the company's revenue is generated through commercial lines, followed by personal lines.
Executives
Dirk J Debbink director PO BOX 145496, CINCINNATI OH 45250-5496
Nancy Cunningham Benacci director PO BOX 145496, CINCINNATI OH 45250
Steven Anthony Soloria officer: Senior Vice President- Sub PO BOX 145496, CINCINNATI OH 45250
Douglas S Skidmore director PO BOX 145496, CINCINNATI OH 45250-5496
Thomas J Aaron director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
David P Osborn director P.O. BOX 145496, CINCINNATI OH 45250-5496
Charles Odell Schiff director PO BOX 145496, CINCINNATI OH 45250
Marc Jon Schambow officer: SrVP/Chief Claims Officer PO BOX 145496, CINCINNATI OH 45250
Teresa C Cracas officer: Sr VP & Chief Risk Off. - Sub PO BOX 145496, CINCINNATI OH 45250-5496
Angela Ossello Delaney officer: Senior Vice President PO BOX 145496, CINCINNATI OH 45250
Doyle Donald J Jr officer: Sr Vice President - Subsidiary CINCINNATI FINANCIAL CORPORATION, P.O. BOX 145496, CINCINNATI OH 45250-5496
Pratt Jill P. Meyer director PO BOX 145496, CINCINNATI OH 45250
Theresa A Hoffer officer: Sr Vice President - Subsidiary PO BOX 145496, CINCINNATI OH 45250
Sean Michael Givler officer: Sr Vice President - Subsidiary PO BOX 145496, CINCINNATI OH 45250
Roger A Brown officer: Sr. Vice President-Subsidiary PO BOX 145496, CINCINNATI OH 45250