ValorQ4, 24Q1, 25Q2, 25Q3, 25Q4, 25TTMSelling/general/admin expenses——————Research & development——————Operating income757 M145 M1.13 B1.7 B1.13 B4.11 BNon-Operating Income, Total260 M206 M753 M1.14 B280 M2.38 BInterest expense, net of interest capitalized13 M13 M14 M13 M13 M53 MNon-Operating Income, excl. Interest Expenses247 M193 M739 M1.13 B267 M2.33 BUnusual income/expense——————Pretax income479 M-128 M855 M1.41 B840 M2.98 BEquity in earnings——————Taxes74 M-38 M170 M291 M164 M587 MNon-controlling/minority interest——————After tax other income/expense——————Net income before discontinued operations405 M-90 M685 M1.12 B676 M2.39 BDiscontinued operations——————Net income405 M-90 M685 M1.12 B676 M2.39 BDilution adjustment——————Preferred dividends——————Diluted net income available to common stockholders405 M-90 M685 M1.12 B676 M2.39 BBasic earnings per share (Basic EPS)2.59-0.574.387.194.3215.32Diluted earnings per share (Diluted EPS)2.57-0.574.347.114.2915.17Average basic shares outstanding156.4 M156.4 M156.3 M156.1 M156.1 M624.9 MDiluted shares outstanding157.8 M156.4 M157.8 M157.8 M157.7 M629.7 MEBITDA1.2 B587 M1.58 B2.18 B1.61 B5.96 BEBIT757 M145 M1.13 B1.7 B1.13 B4.11 BCost of revenue1.77 B2.41 B2.11 B2.02 B1.95 B8.49 BOther cost of goods sold——————Depreciation & amortization (cash flow)438 M442 M453 M476 M480 M1.85 B
Cincinnati Financial Corporation
Cincinnati Financial Corporation offers property and casualty insurance, its main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. The company has 1.01% of the domestic property and casualty insurance premiums, which ranks it as the 20th largest insurance company by market share in the U.S.
The Cincinnati Insurance Company was founded in 1950 by four agents, including brothers John Jack Schiff and Robert Cleveland Schiff.
The Cincinnati Life Insurance Company markets life and disability income insurance and annuities. CFC Investment Company supports the insurance subsidiaries and their independent agent representatives through commercial leasing and financing activities. CinFin Capital Management Company provides asset management services to institutions, corporations and individuals.
In 2001, SFAS 133 adjustments were included with realized capital gains or losses rather than investment income. The impact on nine-month 2001 earnings was an after-tax gain of $1.3 million. Prior period 2001 results were restated on this basis.