Cincinnati Financial Gross Margin 2010-2024 | CINF
- Cincinnati Financial average gross margin for 2023 was 16%, a 106.19% increase from 2022.
- Cincinnati Financial average gross margin for 2022 was 7.76%, a 79.73% increase from 2021.
- Cincinnati Financial average gross margin for 2021 was 38.29%, a 214.88% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.