• Cincinnati Financial average return on tangible equity for 2023 was 11.3, a 164.02% increase from 2022.
• Cincinnati Financial average return on tangible equity for 2022 was 4.28, a 83.39% increase from 2021.
• Cincinnati Financial average return on tangible equity for 2021 was 25.77, a 262.96% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.