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Cincinnati FinancialCINF -2.23%71 Return-on-Tangible-Asset is 2.67% as of Mar. 2026, which is 51% below its 10-year median of 5.43. GuruFocus rates CINF with a GF Score™ of 71/100 and a GF Value™ of $165.20 (Fairly Valued). The stock has 5 warning signs investors should review. Among 507 Insurance companies, Cincinnati Financial ranks better than 83.63% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Cincinnati Financial's annualizedNet Income for the quarter that ended in Mar. 2026 was $1,096 Mil. Cincinnati Financial's average total tangible assets for the quarter that ended in Mar. 2026 was $41,107 Mil. Therefore, Cincinnati Financial's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.67%.
The historical rank and industry rank for Cincinnati Financial's Return-on-Tangible-Asset or its related term are showing as below:
CINF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.59 Med: 5.43 Max: 10.07
Current: 6.93
During the past 13 years, Cincinnati Financial's highest Return-on-Tangible-Asset was 10.07%. The lowest was -1.59%. And the median was 5.43%.
CINF's Return-on-Tangible-Asset is ranked better than 83.63% of 507
companies
in the Insurance industry
Industry Median: 2.74
vs CINF: 6.93
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Cincinnati Financial Return-on-Tangible-Asset Related Terms
Cincinnati Financial Return-on-Tangible-Asset Historical Data
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The historical data trend for Cincinnati Financial's Return-on-Tangible-Asset 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.
CINF vs WRB, MKL, L: Return-on-Tangible-Asset Comparison
For the Insurance - Property & Casualty subindustry, Cincinnati Financial's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Cincinnati Financial's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Cincinnati Financial's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.67% mean?
Cincinnati Financial (CINF) has a Return-on-Tangible-Asset of 2.67% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cincinnati Financial and its competitors. This is 51% below median its historical median of 5.43. According to the industry distribution chart, Cincinnati Financial ranks #83 out of 507 companies in the Insurance industry, placing it in the top 16.4%.
Is Cincinnati Financial's Return-on-Tangible-Asset too high?
Cincinnati Financial's current Return-on-Tangible-Asset of 2.67% is 51% below median its 10-year median of 5.43. The Insurance industry median Return-on-Tangible-Asset is 2.74. Cincinnati Financial's value of 2.67% is 2.6% below this industry median. Based on the distribution chart, Cincinnati Financial ranks #83 out of 507 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Cincinnati Financial has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cincinnati Financial's Return-on-Tangible-Asset compare to WRB and MKL?
According to the Insurance industry distribution chart, Cincinnati Financial ranks #83 out of 507 companies for Return-on-Tangible-Asset. This places Cincinnati Financial in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.74. Cincinnati Financial's value of 2.67% is 2.6% below this benchmark. While the company's 10-year median is 5.43 vs. the industry median of 2.74, Cincinnati Financial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.74, based on 507 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cincinnati Financial's current Return-on-Tangible-Asset of 2.67% is 2.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cincinnati Financial and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cincinnati Financial's current Return-on-Tangible-Asset is 2.67%, which is 51% below median its own 10-year median of 5.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cincinnati Financial stock overvalued right now?
Based on GuruFocus' analysis, Cincinnati Financial (CINF) is currently considered Fairly Valued. The stock's GF Value™ is $165.20, compared to a current price of $176.01 — trading 6.5% above its estimated fair value. The current Return-on-Tangible-Asset is 2.67%, which is 51% below median its 10-year median of 5.43 and 2.6% below the Insurance industry median of 2.74. Cincinnati Financial's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Cincinnati Financial (CINF), the current Return-on-Tangible-Asset is 2.67% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cincinnati Financial (CINF) Overvalued in 2026?
Based on GuruFocus' analysis, Cincinnati Financial stock appears to be overvalued.
The current stock price of $176.01 is trading 6.5% above its estimated GF Value™ of $165.20.
GuruFocus considers Cincinnati Financial to be Fairly Valued.
Key valuation signals for CINF:
Return-on-Tangible-Asset: 2.67% (51% below median its 10-year median of 5.43)
GF Value™: $165.20 vs. price of $176.01 (6.5% above fair value)
Industry Position: 2.6% below the Insurance median (#83 of 507)
No single metric tells the full story. See the CINF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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, 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.
71GF Score
Get the complete analysis for CINF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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