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Side-by-side financial comparison of Cincinnati Financial (CINF) and RENAISSANCERE HOLDINGS LTD (RNR). Click either name above to swap in a different company.
Cincinnati Financial is the larger business by last-quarter revenue ($3.1B vs $3.0B, roughly 1.0× RENAISSANCERE HOLDINGS LTD). RENAISSANCERE HOLDINGS LTD runs the higher net margin — 25.6% vs 21.9%, a 3.7% gap on every dollar of revenue. On growth, RENAISSANCERE HOLDINGS LTD posted the faster year-over-year revenue change (29.6% vs 21.8%). Over the past eight quarters, RENAISSANCERE HOLDINGS LTD's revenue compounded faster (6.9% CAGR vs 2.6%).
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.
RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.
CINF vs RNR — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $3.1B | $3.0B |
| Net Profit | $676.0M | $760.5M |
| Gross Margin | — | — |
| Operating Margin | 27.2% | 42.5% |
| Net Margin | 21.9% | 25.6% |
| Revenue YoY | 21.8% | 29.6% |
| Net Profit YoY | 66.9% | 501.0% |
| EPS (diluted) | $4.29 | $16.16 |
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.
| Q4 25 | $3.1B | $3.0B | ||
| Q3 25 | $3.7B | $3.2B | ||
| Q2 25 | $3.2B | $3.2B | ||
| Q1 25 | $2.6B | $3.5B | ||
| Q4 24 | $2.5B | $2.3B | ||
| Q3 24 | $3.3B | $4.0B | ||
| Q2 24 | $2.5B | $2.8B | ||
| Q1 24 | $2.9B | $2.6B |
| Q4 25 | $676.0M | $760.5M | ||
| Q3 25 | $1.1B | $916.5M | ||
| Q2 25 | $685.0M | $835.4M | ||
| Q1 25 | $-90.0M | $170.0M | ||
| Q4 24 | $405.0M | $-189.7M | ||
| Q3 24 | $820.0M | $1.2B | ||
| Q2 24 | $312.0M | $503.9M | ||
| Q1 24 | $755.0M | $373.6M |
| Q4 25 | 27.2% | 42.5% | ||
| Q3 25 | 37.9% | 46.3% | ||
| Q2 25 | 26.3% | 41.8% | ||
| Q1 25 | -5.0% | -2.0% | ||
| Q4 24 | 18.9% | -3.6% | ||
| Q3 24 | 31.3% | 43.7% | ||
| Q2 24 | 15.2% | 25.0% | ||
| Q1 24 | 32.5% | 24.4% |
| Q4 25 | 21.9% | 25.6% | ||
| Q3 25 | 30.1% | 28.7% | ||
| Q2 25 | 21.1% | 26.1% | ||
| Q1 25 | -3.5% | 4.9% | ||
| Q4 24 | 16.0% | -8.3% | ||
| Q3 24 | 24.7% | 29.8% | ||
| Q2 24 | 12.3% | 17.8% | ||
| Q1 24 | 25.7% | 14.4% |
| Q4 25 | $4.29 | $16.16 | ||
| Q3 25 | $7.11 | $19.40 | ||
| Q2 25 | $4.34 | $17.20 | ||
| Q1 25 | $-0.57 | $3.27 | ||
| Q4 24 | $2.57 | $-3.76 | ||
| Q3 24 | $5.20 | $22.62 | ||
| Q2 24 | $1.98 | $9.41 | ||
| Q1 24 | $4.78 | $6.94 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $148.0M | $1.7B |
| Total DebtLower is stronger | $861.0M | $2.3B |
| Stockholders' EquityBook value | $15.9B | $11.6B |
| Total Assets | $41.0B | $53.8B |
| Debt / EquityLower = less leverage | 0.05× | 0.20× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $148.0M | $1.7B | ||
| Q3 25 | $1.6B | $1.7B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $1.1B | $1.6B | ||
| Q4 24 | $1.3B | $1.7B | ||
| Q3 24 | $1.8B | $1.6B | ||
| Q2 24 | $771.0M | $1.6B | ||
| Q1 24 | $619.0M | $1.6B |
| Q4 25 | $861.0M | $2.3B | ||
| Q3 25 | $858.0M | $2.2B | ||
| Q2 25 | $859.0M | $2.3B | ||
| Q1 25 | $853.0M | $2.8B | ||
| Q4 24 | $850.0M | $1.9B | ||
| Q3 24 | $849.0M | $1.9B | ||
| Q2 24 | $849.0M | $2.0B | ||
| Q1 24 | $848.0M | $1.9B |
| Q4 25 | $15.9B | $11.6B | ||
| Q3 25 | $15.4B | $11.5B | ||
| Q2 25 | $14.3B | $10.8B | ||
| Q1 25 | $13.7B | $10.3B | ||
| Q4 24 | $13.9B | $10.6B | ||
| Q3 24 | $13.8B | $11.2B | ||
| Q2 24 | $12.8B | $10.2B | ||
| Q1 24 | $12.7B | $9.8B |
| Q4 25 | $41.0B | $53.8B | ||
| Q3 25 | $40.6B | $54.5B | ||
| Q2 25 | $38.8B | $54.7B | ||
| Q1 25 | $37.3B | $53.6B | ||
| Q4 24 | $36.5B | $50.7B | ||
| Q3 24 | $37.0B | $52.8B | ||
| Q2 24 | $34.8B | $51.6B | ||
| Q1 24 | $33.7B | $50.9B |
| Q4 25 | 0.05× | 0.20× | ||
| Q3 25 | 0.06× | 0.19× | ||
| Q2 25 | 0.06× | 0.21× | ||
| Q1 25 | 0.06× | 0.27× | ||
| Q4 24 | 0.06× | 0.18× | ||
| Q3 24 | 0.06× | 0.17× | ||
| Q2 24 | 0.07× | 0.19× | ||
| Q1 24 | 0.07× | 0.19× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $947.0M | $483.0M |
| Free Cash FlowOCF − Capex | $939.0M | — |
| FCF MarginFCF / Revenue | 30.4% | — |
| Capex IntensityCapex / Revenue | 0.3% | — |
| Cash ConversionOCF / Net Profit | 1.40× | 0.64× |
| TTM Free Cash FlowTrailing 4 quarters | $3.1B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $947.0M | $483.0M | ||
| Q3 25 | $1.1B | $1.6B | ||
| Q2 25 | $741.0M | $1.5B | ||
| Q1 25 | $310.0M | $157.8M | ||
| Q4 24 | $642.0M | $778.9M | ||
| Q3 24 | $912.0M | $1.5B | ||
| Q2 24 | $742.0M | $1.2B | ||
| Q1 24 | $353.0M | $683.5M |
| Q4 25 | $939.0M | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $737.0M | — | ||
| Q1 25 | $307.0M | — | ||
| Q4 24 | $638.0M | — | ||
| Q3 24 | $906.0M | — | ||
| Q2 24 | $737.0M | — | ||
| Q1 24 | $346.0M | — |
| Q4 25 | 30.4% | — | ||
| Q3 25 | 29.8% | — | ||
| Q2 25 | 22.7% | — | ||
| Q1 25 | 12.0% | — | ||
| Q4 24 | 25.1% | — | ||
| Q3 24 | 27.3% | — | ||
| Q2 24 | 29.0% | — | ||
| Q1 24 | 11.8% | — |
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.1% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.2% | — |
| Q4 25 | 1.40× | 0.64× | ||
| Q3 25 | 0.99× | 1.73× | ||
| Q2 25 | 1.08× | 1.76× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | 1.59× | — | ||
| Q3 24 | 1.11× | 1.26× | ||
| Q2 24 | 2.38× | 2.41× | ||
| Q1 24 | 0.47× | 1.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CINF
| Commercial Lines Insurance | $1.2B | 40% |
| Personal Lines Insurance | $860.0M | 28% |
| Investment Segment Of CINF | $488.0M | 16% |
| Other | $224.0M | 7% |
| Excessand Surplus Lines Insurance | $189.0M | 6% |
| Life Insurance | $86.0M | 3% |
RNR
Segment breakdown not available.
