• Cincinnati Financial average ebitda margin for 2023 was 17.04%, a 80.7% increase from 2022.
• Cincinnati Financial average ebitda margin for 2022 was 9.43%, a 76% increase from 2021.
• Cincinnati Financial average ebitda margin for 2021 was 39.29%, a 199.24% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.