Buyback yield (TTM)
1.89%
Shareholder yield (TTM)
3.79%
5Y share count change
-2.9%
Buyback spend (TTM)
$540M
Cumulative buybacks
$2.92B
Key takeaways
- Cincinnati Financial (CINF) repurchased about $540M of stock over the trailing twelve months.
- Diluted share count is down 2.9% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 9.64× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at -4.7% per year over the latest 5-year window.
- TTM repurchases used about 19% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Cincinnati Financial (CINF)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Cincinnati Financial (CINF)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Cincinnati Financial (CINF)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Cincinnati Financial (CINF)
Latest: $205M
Overview
Cincinnati Financial (CINF) most recent annual buyback spend stands at $205M (2025) – surged 62.7% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Cincinnati Financial buyback spend compounded at -4.7% per year, sustaining 2 straight years of year-over-year growth.
Between 2022 and 2025, Cincinnati Financial buyback spend plunged 50.0%, falling from $410M to $205M.
2022 marks the peak buyback spend at $410M, with the historical low of $0.00 recorded in 2009.
Cincinnati Financial Buyback Spend 2025: $205M
Cincinnati Financial posted buyback spend of $205M in 2025, surged 62.7% from 2024.
Cincinnati Financial Buyback Spend 2024: $126M
In 2024, Cincinnati Financial reported buyback spend of $126M, surged 88.1% from 2023.
Cincinnati Financial Buyback Spend 2023: $67M
Cincinnati Financial buyback spend in 2023 was $67M, plunged 83.7% below 2022.
Cincinnati Financial Buyback Spend 2022: $410M
2022's buyback spend for Cincinnati Financial came in at $410M, surged 184.7% from 2021. This figure represents the highest annual value in the available history.
Cincinnati Financial Buyback Spend 2021: $144M
Cincinnati Financial buyback spend in 2021 was $144M.
See more financial history for Cincinnati Financial (CINF).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $205M | $0.00 | $205M | 0.80% | 158M | -0.0% | |
| 2024 | $126M | $0.00 | $126M | 0.56% | 158M | -0.2% | |
| 2023 | $67M | $0.00 | $67M | 0.41% | 158M | -0.4% | |
| 2022 | $410M | $36M | $374M | 2.54% | 159M | -2.4% | |
| 2021 | $144M | $33M | $111M | 0.78% | 163M | +0.2% | |
| 2020 | $261M | $31M | $230M | 1.84% | 162M | -1.6% | |
| 2019 | $67M | $30M | $37M | 0.39% | 165M | +0.4% | |
| 2018 | $125M | $28M | $97M | 0.99% | 165M | -0.9% | |
| 2017 | $92M | $26M | $66M | 0.74% | 166M | -0.3% | |
| 2016 | $39M | $23M | $16M | 0.31% | 167M | +0.5% | |
| 2015 | $53M | $20M | $33M | 0.54% | 166M | +0.3% | |
| 2014 | $21M | $19M | $2M | 0.25% | 165M | -0.2% | |
| 2013 | $52M | $18M | $34M | 0.60% | 165M | +1.1% | |
| 2012 | $0.00 | $16M | -$16M | — | 164M | +0.2% | |
| 2011 | $32M | $13M | $19M | 0.65% | 163M | -0.0% | |
| 2010 | $10M | $11M | -$1M | 0.20% | 163M | +0.3% | |
| 2009 | $0.00 | $10M | -$10M | — | 163M | -0.3% | |
| 2008 | $139M | $15M | $124M | 2.97% | 163M | -5.1% | |
| 2007 | $307M | $14M | $293M | 4.50% | 172M | -1.9% | |
| 2006 | $120M | $17M | $103M | 1.59% | 175M | -0.9% | |
| 2005 | $61M | $0.00 | $61M | 0.78% | 177M | -0.7% | |
| 2004 | $59M | $0.00 | $59M | 0.80% | 178M | -0.1% | |
| 2003 | $55M | $0.00 | $55M | 0.82% | 179M | -0.8% | |
| 2002 | $42M | $0.00 | $42M | 0.69% | 180M | +0.5% | |
| 2001 | $46M | $0.00 | $46M | 0.76% | 179M | -0.9% | |
| 2000 | $67M | $0.00 | $67M | — | 181M | -3.0% | |
| 1999 | $217M | $0.00 | $217M | — | 186M | -1.8% | |
| 1998 | $24.3M | $0.00 | $24.3M | — | 190M | +0.8% | |
| 1997 | $60.7M | $0.00 | $60.7M | — | 188M | -1.5% | |
| 1996 | $8.96M | $0.00 | $8.96M | — | 191M | — | |
| 1995 | $287K | $0.00 | $287K | — | — | — | |
| 1994 | $460K | $0.00 | $460K | — | — | — | |
| 1993 | $5.2M | $0.00 | $5.2M | — | — | — | |
| 1992 | $600K | $0.00 | $600K | — | — | — | |
| 1991 | $100K | $0.00 | $100K | — | — | — | |
| 1990 | $600K | $0.00 | $600K | — | — | — | |
| 1989 | $2.4M | $0.00 | $2.4M | — | — | — |
- 2025$205M
- 2024$126M
- 2023$67M
- 2022$410M
- 2021$144M
- 2020$261M
- 2019$67M
- 2018$125M
- 2017$92M
- 2016$39M
- 2015$53M
- 2014$21M
- 2013$52M
- 2012$0.00
- 2011$32M
- 2010$10M
- 2009$0.00
- 2008$139M
- 2007$307M
- 2006$120M
- 2005$61M
- 2004$59M
- 2003$55M
- 2002$42M
- 2001$46M
- 2000$67M
- 1999$217M
- 1998$24.3M
- 1997$60.7M
- 1996$8.96M
- 1995$287K
- 1994$460K
- 1993$5.2M
- 1992$600K
- 1991$100K
- 1990$600K
- 1989$2.4M
Buybacks vs stock-based compensation for Cincinnati Financial (CINF)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 9.64×.
Buybacks vs dividends (share of cash returned) for Cincinnati Financial (CINF)
How Cincinnati Financial splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Cincinnati Financial, ranked by their latest buyback spend.
| $34.6B | |
| $24.1B | |
| $19.5B | |
| $13.4B | |
| $12.4B | |
| $11.7B | |
| $5.84B | |
| $0.00 |
- $34.6B
- $24.1B
- $19.5B
- $13.4B
- $12.4B
- $11.7B
- $5.84B
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $2.87B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks1.89% TTM
- Dividend Profile2.00% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History14 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.