CINCINNATI FINANCIAL CORP

For the period ended Dec 31, 2025. Filed Feb 23, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 23, 2026

CINF$186.18+0.4%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Shareholders’ Equity

(Dollars in millions)	Years ended December 31,
	2025	2024	2023
Common Stock
Beginning of year	$397	$397	$397
Share-based awards	—	—	—
End of year	397	397	397
Paid-In Capital
Beginning of year	1,502	1,437	1,392
Share-based awards	1	8	(3)
Share-based compensation	46	46	40
Other	12	11	8
End of year	1,561	1,502	1,437
Retained Earnings
Beginning of year	14,869	13,084	11,711
Net income	2,393	2,292	1,843
Dividends declared	(543)	(507)	(470)
End of year	16,719	14,869	13,084
Accumulated Other Comprehensive Income (Loss)
Beginning of year	(309)	(435)	(614)
Other comprehensive income	275	126	179
End of year	(34)	(309)	(435)
Treasury Stock
Beginning of year	(2,524)	(2,385)	(2,324)
Share-based awards	14	18	11
Shares acquired - share repurchase authorization	(205)	(126)	(67)
Shares acquired - share-based compensation plans	(19)	(33)	(8)
Other	2	2	3
End of year	(2,732)	(2,524)	(2,385)
Total Shareholders' Equity	$15,911	$13,935	$12,098
(In millions)
Common Stock - Shares Outstanding
Beginning of year	156.4	157.0	157.1
Share-based awards	0.4	0.7	0.4
Shares acquired - share repurchase authorization	(1.4)	(1.1)	(0.6)
Shares acquired - share-based compensation plans	(0.1)	(0.3)	—
Other	0.1	0.1	0.1
End of year	155.4	156.4	157.0

Cincinnati Financial Corporation - 2025 10-K - Page 122

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.