• Cincinnati Financial average operating margin for 2023 was 15.72%, a 110.44% increase from 2022.
• Cincinnati Financial average operating margin for 2022 was 7.47%, a 80.38% increase from 2021.
• Cincinnati Financial average operating margin for 2021 was 38.08%, a 221.35% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.