vs

Side-by-side financial comparison of Cincinnati Financial (CINF) and BeOne Medicines Ltd. (ONC). Click either name above to swap in a different company.

Cincinnati Financial is the larger business by last-quarter revenue ($2.8B vs $1.5B, roughly 1.9× BeOne Medicines Ltd.). Cincinnati Financial runs the higher net margin — 9.6% vs 4.4%, a 5.1% gap on every dollar of revenue. On growth, BeOne Medicines Ltd. posted the faster year-over-year revenue change (32.8% vs -1.7%). Over the past eight quarters, BeOne Medicines Ltd.'s revenue compounded faster (41.2% CAGR vs 5.2%).

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.

BeOne Medicines, formerly known as BeiGene, Ltd. is a multinational oncology company. It specializes in the development of drugs for cancer treatment.

CINF vs ONC — Head-to-Head

Bigger by revenue
CINF
CINF
1.9× larger
CINF
$2.8B
$1.5B
ONC
Growing faster (revenue YoY)
ONC
ONC
+34.6% gap
ONC
32.8%
-1.7%
CINF
Higher net margin
CINF
CINF
5.1% more per $
CINF
9.6%
4.4%
ONC
Faster 2-yr revenue CAGR
ONC
ONC
Annualised
ONC
41.2%
5.2%
CINF

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CINF
CINF
ONC
ONC
Revenue
$2.8B
$1.5B
Net Profit
$274.0M
$66.5M
Gross Margin
90.5%
Operating Margin
12.4%
Net Margin
9.6%
4.4%
Revenue YoY
-1.7%
32.8%
Net Profit YoY
404.4%
143.8%
EPS (diluted)
$0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CINF
CINF
ONC
ONC
Q1 26
$2.8B
Q4 25
$3.1B
$1.5B
Q3 25
$3.7B
$1.4B
Q2 25
$3.2B
$1.3B
Q1 25
$2.6B
$1.1B
Q4 24
$2.5B
$1.1B
Q3 24
$3.3B
$1.0B
Q2 24
$2.5B
$929.2M
Net Profit
CINF
CINF
ONC
ONC
Q1 26
$274.0M
Q4 25
$676.0M
$66.5M
Q3 25
$1.1B
$124.8M
Q2 25
$685.0M
$94.3M
Q1 25
$-90.0M
$1.3M
Q4 24
$405.0M
$-151.9M
Q3 24
$820.0M
$-121.3M
Q2 24
$312.0M
$-120.4M
Gross Margin
CINF
CINF
ONC
ONC
Q1 26
Q4 25
90.5%
Q3 25
86.1%
Q2 25
87.5%
Q1 25
85.2%
Q4 24
85.8%
Q3 24
83.0%
Q2 24
85.1%
Operating Margin
CINF
CINF
ONC
ONC
Q1 26
Q4 25
27.2%
12.4%
Q3 25
37.9%
11.5%
Q2 25
26.3%
6.7%
Q1 25
-5.0%
1.0%
Q4 24
18.9%
-7.0%
Q3 24
31.3%
-12.0%
Q2 24
15.2%
-11.5%
Net Margin
CINF
CINF
ONC
ONC
Q1 26
9.6%
Q4 25
21.9%
4.4%
Q3 25
30.1%
8.8%
Q2 25
21.1%
7.2%
Q1 25
-3.5%
0.1%
Q4 24
16.0%
-13.5%
Q3 24
24.7%
-12.1%
Q2 24
12.3%
-13.0%
EPS (diluted)
CINF
CINF
ONC
ONC
Q1 26
Q4 25
$4.29
$0.05
Q3 25
$7.11
$0.08
Q2 25
$4.34
$0.06
Q1 25
$-0.57
$0.00
Q4 24
$2.57
$-0.10
Q3 24
$5.20
$-0.09
Q2 24
$1.98
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CINF
CINF
ONC
ONC
Cash + ST InvestmentsLiquidity on hand
$1.2B
$4.5B
Total DebtLower is stronger
$816.0M
$836.4M
Stockholders' EquityBook value
$15.7B
$4.4B
Total Assets
$41.2B
$8.2B
Debt / EquityLower = less leverage
0.05×
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CINF
CINF
ONC
ONC
Q1 26
$1.2B
Q4 25
$148.0M
$4.5B
Q3 25
$1.6B
$4.0B
Q2 25
$1.1B
$2.8B
Q1 25
$1.1B
$2.5B
Q4 24
$1.3B
$2.6B
Q3 24
$1.8B
$2.7B
Q2 24
$771.0M
$2.6B
Total Debt
CINF
CINF
ONC
ONC
Q1 26
$816.0M
Q4 25
$861.0M
$836.4M
Q3 25
$858.0M
Q2 25
$859.0M
Q1 25
$853.0M
Q4 24
$850.0M
Q3 24
$849.0M
Q2 24
$849.0M
Stockholders' Equity
CINF
CINF
ONC
ONC
Q1 26
$15.7B
Q4 25
$15.9B
$4.4B
Q3 25
$15.4B
$4.1B
Q2 25
$14.3B
$3.8B
Q1 25
$13.7B
$3.5B
Q4 24
$13.9B
$3.3B
Q3 24
$13.8B
$3.4B
Q2 24
$12.8B
$3.4B
Total Assets
CINF
CINF
ONC
ONC
Q1 26
$41.2B
Q4 25
$41.0B
$8.2B
Q3 25
$40.6B
$7.6B
Q2 25
$38.8B
$6.3B
Q1 25
$37.3B
$5.8B
Q4 24
$36.5B
$5.9B
Q3 24
$37.0B
$5.8B
Q2 24
$34.8B
$5.7B
Debt / Equity
CINF
CINF
ONC
ONC
Q1 26
0.05×
Q4 25
0.05×
0.19×
Q3 25
0.06×
Q2 25
0.06×
Q1 25
0.06×
Q4 24
0.06×
Q3 24
0.06×
Q2 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CINF
CINF
ONC
ONC
Operating Cash FlowLast quarter
$417.3M
Free Cash FlowOCF − Capex
$379.8M
FCF MarginFCF / Revenue
25.4%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
6.28×
TTM Free Cash FlowTrailing 4 quarters
$941.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CINF
CINF
ONC
ONC
Q1 26
Q4 25
$947.0M
$417.3M
Q3 25
$1.1B
$402.6M
Q2 25
$741.0M
$263.6M
Q1 25
$310.0M
$44.1M
Q4 24
$642.0M
$75.2M
Q3 24
$912.0M
$188.4M
Q2 24
$742.0M
$-95.6M
Free Cash Flow
CINF
CINF
ONC
ONC
Q1 26
Q4 25
$939.0M
$379.8M
Q3 25
$1.1B
$354.5M
Q2 25
$737.0M
$219.8M
Q1 25
$307.0M
$-12.3M
Q4 24
$638.0M
$-17.3M
Q3 24
$906.0M
$54.7M
Q2 24
$737.0M
$-205.5M
FCF Margin
CINF
CINF
ONC
ONC
Q1 26
Q4 25
30.4%
25.4%
Q3 25
29.8%
25.1%
Q2 25
22.7%
16.7%
Q1 25
12.0%
-1.1%
Q4 24
25.1%
-1.5%
Q3 24
27.3%
5.5%
Q2 24
29.0%
-22.1%
Capex Intensity
CINF
CINF
ONC
ONC
Q1 26
Q4 25
0.3%
2.5%
Q3 25
0.1%
3.4%
Q2 25
0.1%
3.3%
Q1 25
0.1%
5.0%
Q4 24
0.2%
8.2%
Q3 24
0.2%
13.3%
Q2 24
0.2%
11.8%
Cash Conversion
CINF
CINF
ONC
ONC
Q1 26
Q4 25
1.40×
6.28×
Q3 25
0.99×
3.22×
Q2 25
1.08×
2.79×
Q1 25
34.71×
Q4 24
1.59×
Q3 24
1.11×
Q2 24
2.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CINF
CINF

Property casualty$2.6B93%
Life$105.0M4%
Other$92.0M3%
Fee revenues$1.0M0%

ONC
ONC

Segment breakdown not available.

Related Comparisons