Cash flow Chubb Limited

Equities

CB

CH0044328745

Multiline Insurance & Brokers

Market Closed - Nyse Other stock markets 04:00:03 2026-02-18 pm EST			5-day change	1st Jan Change
329.29 ^USD	-0.78%		+0.07%	+5.50%

Feb. 17	Berkshire Hathaway cuts share stake in Amazon, Apple, Bank of America	RE
Feb. 10	BMO Capital Adjusts Price Target on Chubb to $326 From $283, Maintains Market Perform Rating	MT

77131892c7a720ad63592b.VRf8QWPjau_A12VHXh5pSvr06LqvJ1mjaAWsCFg6i8o.GnGaBgCPPKDwhg5yMEwvE7SSjvDYYxeVBjCdaRcP040xU5M3UNQyl_GVAg

Published financial data: CHUBB LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Premiums and Annuity Revenues	33.12B	36.36B	40.39B	45.71B	49.85B
Total Interest And Dividend Income	3.38B	3.46B	3.78B	4.96B	5.95B
Gain (Loss) on Sale of Investments, Total (Rev)	-440M	1.14B	-1.44B	-523M	304M
Other Revenues, Total	-	-	-5M	-364M	-120M
Total Revenues	36.05B	40.96B	42.73B	49.78B	55.98B
Policy Benefits	22.49B	22.68B	24.83B	27.73B	30.74B
Policy Acquisition / Underwriting Costs, Total	6.45B	6.83B	7.27B	8.26B	9.1B
Amortization of Goodwill and Intangible Assets - (IS)	290M	287M	285M	310M	323M
Selling General & Admin Expenses, Total	3.08B	3.22B	3.52B	4.01B	4.38B
Other Operating Expenses	83M	60M	48M	31M	-56M
Total Operating Expenses	32.39B	33.08B	35.95B	40.34B	44.48B
Operating Income	3.66B	7.88B	6.78B	9.45B	11.49B
Interest Expense, Total	-516M	-492M	-570M	-672M	-741M
Income (Loss) on Equity Invest.	1.02B	2.43B	16M	867M	967M
Currency Exchange Gains (Loss)	-	-	393M	-183M	-223M
EBT, Excl. Unusual Items	4.16B	9.82B	6.62B	9.46B	11.49B
Total Merger & Related Restructuring Charges	-	-	-48M	-69M	-39M
Other Unusual Items	-	-	-	135M	-
EBT, Incl. Unusual Items	4.16B	9.82B	6.57B	9.53B	11.46B
Income Tax Expense	629M	1.28B	1.26B	511M	1.82B
Earnings From Continuing Operations	3.53B	8.54B	5.31B	9.02B	9.64B
Net Income to Company	3.53B	8.54B	5.31B	9.02B	9.64B
Minority Interest	-	-	-	13M	-368M
Net Income - (IS)	3.53B	8.54B	5.31B	9.03B	9.27B
Net Income to Common Incl Extra Items	3.53B	8.54B	5.31B	9.03B	9.27B
Net Income to Common Excl. Extra Items	3.53B	8.54B	5.31B	9.03B	9.27B
Per Share Items
Net EPS - Basic	7.82	19.41	12.66	21.97	22.94
Basic EPS - Continuing Operations	7.82	19.41	12.66	21.97	22.94
Basic Weighted Average Shares Outstanding	452M	440M	420M	411M	404M
Net EPS - Diluted	7.79	19.27	12.55	21.8	22.7
Diluted EPS - Continuing Operations	7.79	19.27	12.55	21.8	22.7
Diluted Weighted Average Shares Outstanding	453M	443M	424M	414M	408M
Normalized Basic EPS	5.76	13.94	9.85	14.42	16.86
Normalized Diluted EPS	5.74	13.84	9.76	14.31	16.69
Dividend Per Share	3.09	3.18	3.29	3.41	3.59
Payout Ratio	39.29	16.41	25.88	15.44	15.49
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
EBITDA	3.95B	8.16B	7.06B	9.76B	11.81B
EBITA	3.95B	8.16B	7.06B	9.76B	11.81B
EBIT	3.66B	7.88B	6.78B	9.45B	11.49B
EBITDAR	4.1B	8.31B	7.22B	9.94B	12.03B
Total Revenues (As Reported)	35.99B	40.96B	43.17B	49.74B	55.75B
Effective Tax Rate - (Ratio)	15.11	13.01	19.11	5.36	15.84
Current Domestic Taxes	52M	65M	15M	25M	29M
Current Foreign Taxes	876M	1.29B	1.07B	1.57B	1.7B
Total Current Taxes	928M	1.36B	1.08B	1.6B	1.73B
Deferred Domestic Taxes	2M	-15M	34M	-63M	14M
Deferred Foreign Taxes	-301M	-67M	140M	-1.02B	72M
Total Deferred Taxes	-299M	-82M	174M	-1.08B	86M
Normalized Net Income	2.6B	6.14B	4.14B	5.93B	6.82B
Non-Cash Pension Expense	-140M	-203M	-218M	-94M	-123M
Supplemental Operating Expense Items
Marketing Expenses	99M	85M	121M	-	-
Selling and Marketing Expenses	99M	85M	121M	-	-
General and Administrative Expenses	2.98B	3.14B	3.4B	4.01B	4.38B
Net Rental Expense, Total	152M	149M	161M	181M	214M
Imputed Operating Lease Interest Expense	34.29M	29.91M	37.69M	50.51M	62.67M
Imputed Operating Lease Depreciation	118M	119M	123M	130M	151M
Stock-Based Comp., Other (Total)	255M	265M	290M	324M	357M
Total Stock-Based Compensation	255M	265M	290M	324M	357M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Investment In Debt Securities	102B	103B	94.07B	113B	119B
Investment In Equity and Preferred Securities, Total	13.36B	17.75B	15.69B	17.72B	23.92B
Trading Asset Securities, Total	-	-	-	-	-
Policy Loans	233M	243M	343M	651M	941M
Total Other Investments	5.1B	3.75B	5.93B	5.19B	6.02B
Total investments	121B	125B	116B	136B	150B
Cash And Equivalents	1.75B	1.66B	2.01B	2.45B	2.29B
Reinsurance Recoverable - (IS)	16.32B	17.58B	19.2B	20.23B	20.07B
Other Receivables - (Insurance Template)	11.35B	12.14B	12.87B	14.46B	15.83B
Deferred Policy Acquisition Costs - (BS)	5.4B	5.51B	5.79B	7.15B	8.36B
Separate Account Assets	4.39B	5.56B	5.19B	5.57B	6.23B
Net Property Plant And Equipment	1.17B	1.04B	1.41B	1.98B	2.02B
Goodwill	15.4B	15.21B	16.29B	19.69B	19.58B
Other Intangibles, Total	7.11B	6.86B	7.04B	8.48B	8.28B
Restricted Cash	89M	152M	115M	172M	261M
Other Current Assets, Total	2.8B	3.09B	3.17B	3.28B	3.7B
Deferred Tax Assets Long-Term (Collected)	-	-	-	1.74B	1.6B
Other Long-Term Assets, Total	3.95B	6.28B	10.02B	9.02B	8.2B
Total Assets	191B	200B	199B	231B	247B
Liabilities
Accounts Payable, Total	10.65B	11.21B	11.32B	6.34B	8.45B
Insurance And Annuity Liabilities	13.83B	15.2B	20.21B	30.34B	32.73B
Unpaid Claims	67.81B	72.94B	76.32B	80.12B	84B
Unearned Premiums	17.65B	19.1B	20.36B	22.05B	23.5B
Reinsurance Payable - (BS)	233M	269M	276M	84M	131M
Current Portion of Long-Term Debt	-	999M	475M	1.46B	800M
Current Portion of Leases	150M	142M	160M	166M	178M
Short-Term Borrowings	3.25B	3.24B	2.94B	4.13B	4.18B
Long-Term Debt	14.95B	15.17B	14.4B	13.04B	14.49B
Long-Term Leases	367M	342M	473M	666M	764M
Trust Preferred Securities (BS)	308M	308M	308M	308M	309M
Separate Account Liability	-	-	-	5.57B	6.23B
Current Income Taxes Payable	-	-	-	-	376M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	1.14B	927M	928M	1.04B	421M
Pension & Other Post Retirement Benefits	109M	111M	133M	123M	-
Deferred Tax Liability Non-Current	892M	389M	292M	1.56B	1.58B
Total Liabilities	131B	140B	149B	167B	178B
Common Stock, Total	11.06B	10.98B	10.35B	241M	235M
Additional Paid In Capital	9.82B	8.48B	7.17B	15.66B	14.39B
Retained Earnings	39.34B	47.36B	48.33B	54.81B	61.56B
Treasury Stock	-3.64B	-7.46B	-5.11B	-4.4B	-3.52B
Comprehensive Income and Other	2.87B	350M	-10.19B	-6.81B	-8.64B
Total Common Equity	59.44B	59.71B	50.54B	59.51B	64.02B
Minority Interest	-	-	-	4.18B	4.37B
Total Equity	59.44B	59.71B	50.54B	63.69B	68.39B
Total Liabilities And Equity	191B	200B	199B	231B	247B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	450M	426M	414M	406M	400M
ECS Total Common Shares Outstanding	451M	427M	415M	405M	401M
Book Value / Share	131.88	139.99	121.9	146.83	159.77
Tangible Book Value	36.93B	37.65B	27.21B	31.35B	36.16B
Tangible Book Value Per Share	81.93	88.25	65.64	77.35	90.25
Total Debt	19.02B	20.2B	18.76B	19.77B	20.72B
Net Debt	17.28B	18.54B	16.75B	17.32B	18.43B
Debt Equivalent of Unfunded Proj. Benefit Obligation	143M	-615M	-776M	-999M	-1.31B
Debt Equivalent Oper. Leases	1.22B	1.19B	1.29B	1.45B	1.71B
Minority Interest, Total (Incl. Fin. Div)	-	-	-	4.18B	4.37B
Equity Method Investments, Total	9.33B	12.97B	14.86B	191M	-
Account Code - Inventory Valuation	3	3	3	3	3
Full Time Employees	31K	31K	34K	40K	43K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	3.53B	8.54B	5.31B	9.03B	9.27B
Amortization of Goodwill and Intangible Assets - (CF)	290M	287M	285M	310M	323M
Total Depreciation, Depletion & Amortization	290M	287M	285M	310M	323M
(Gain) Loss on Sale of Investments - (CF)	73M	-366M	1.66B	266M	-711M
Deferred Policy Acquisition Costs - (CF)	-89M	-247M	-328M	-1.1B	-1.43B
Amort. Of Deferred Policy Acq. Costs - (CF)	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-2.43B	-16M	-867M	-967M
Change in Accounts Receivable	-114M	-984M	-696M	-1.07B	-1.28B
Reinsurance Recoverable - (CF)	-336M	-1.95B	-1.78B	-498M	-30M
Change in Accounts Payable	-98M	536M	223M	-735M	342M
Change in Unearned Revenues	846M	1.86B	1.48B	1.38B	1.8B
Change In Income Taxes	46M	48M	-149M	128M	69M
Change in insurance Reserves / Liabilities	5.44B	6.61B	5.15B	4.16B	6.3B
Change in Other Net Operating Assets (Collected)	-	-	-	-	-
Other Operating Activities	199M	-747M	103M	1.63B	2.48B
Cash from Operations	9.78B	11.15B	11.24B	12.63B	16.18B
Cash Acquisitions	-	-	-4.98B	-34M	-538M
Divestitures	-	-	-	-17M	27M
Investment in Marketable and Equity Securities, Total	-7.84B	-7.52B	-1.04B	-7.72B	-13.3B
Other Investing Activities, Total	324M	865M	373M	122M	-108M
Cash from Investing	-7.52B	-6.66B	-5.65B	-7.65B	-13.92B
Short Term Debt Issued, Total	2.35B	1.86B	4.51B	4.98B	4.5B
Long-Term Debt Issued, Total	988M	1.58B	-	-	2.41B
Total Debt Issued	3.34B	3.43B	4.51B	4.98B	6.91B
Short Term Debt Repaid, Total	-2.35B	-1.86B	-4.51B	-4.73B	-4.82B
Long-Term Debt Repaid, Total	-1.3B	-	-1B	-475M	-1.44B
Total Debt Repaid	-3.66B	-1.86B	-5.51B	-5.2B	-6.26B
Issuance of Common Stock	145M	300M	264M	212M	356M
Repurchase of Common Stock	-523M	-4.86B	-3B	-2.41B	-1.8B
Common Dividends Paid	-1.39B	-1.4B	-1.38B	-1.39B	-1.44B
Common & Preferred Stock Dividends Paid	-1.39B	-1.4B	-1.38B	-1.39B	-1.44B
Annuity Receipts	470M	512M	496M	645M	1.02B
Annuity Payments	-386M	-454M	-519M	-458M	-709M
Other Financing Activities, Total	-87M	-81M	-	-864M	-269M
Cash from Financing	-2.08B	-4.41B	-5.13B	-4.49B	-2.18B
Foreign Exchange Rate Adjustments	8M	-106M	-146M	-1M	-150M
Net Change in Cash	190M	-25M	316M	494M	-72M
Supplemental Items
Cash Interest Paid	524M	492M	552M	553M	599M
Cash Income Tax Paid (Refund)	902M	1.3B	1.24B	1.46B	1.66B
Net Debt Issued / Repaid	-313M	1.58B	-998M	-219M	654M
Levered Free Cash Flow	8.6B	11.17B	5B	11.34B	12.63B
Unlevered Free Cash Flow	8.92B	11.48B	5.35B	11.76B	13.09B
Change In Net Working Capital	-6.09B	-6.01B	-542M	-5.22B	-5.23B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.24	2.52	2.12	2.75	3.01
Return on Total Capital	3.02	6.22	5.68	7.73	8.32
Return On Equity %	6.16	14.33	9.64	15.79	14.6
Return on Common Equity	6.16	14.33	9.64	16.41	15.01
Margin Analysis
Gross Profit Margin %	19.72	27.94	24.87	27.71	28.83
SG&A Margin	8.54	7.86	8.23	8.05	7.82
EBITDA Margin %	10.95	19.93	16.53	19.6	21.11
EBITA Margin %	10.95	19.93	16.53	19.6	21.11
EBIT Margin %	10.15	19.23	15.86	18.98	20.53
Income From Continuing Operations Margin %	9.8	20.85	12.43	18.11	17.22
Net Income Margin %	9.8	20.85	12.43	18.13	16.56
Net Avail. For Common Margin %	9.8	20.85	12.43	18.13	16.56
Normalized Net Income Margin	7.22	14.98	9.68	11.9	12.18
Levered Free Cash Flow Margin	23.86	27.28	11.69	22.77	22.57
Unlevered Free Cash Flow Margin	24.76	28.04	12.53	23.62	23.39
Asset Turnover
Asset Turnover	0.2	0.21	0.21	0.23	0.23
Fixed Assets Turnover	19.9	23.28	22.19	19.95	19.61
Receivables Turnover (Average Receivables)	3.5	3.65	3.8	4	4.01
Short Term Liquidity
Current Ratio	0.36	0.35	0.38	0.39	0.39
Quick Ratio	0.16	0.15	0.17	0.18	0.18
Operating Cash Flow to Current Liabilities	0.1	0.1	0.1	0.11	0.13
Days Sales Outstanding (Average Receivables)	104.49	99.94	96.08	91.17	91.2
Average Days Payable Outstanding	955.35	1K	979.67	851.42	825.28
Long Term Solvency
Total Debt/Equity	32	33.82	37.12	31.04	30.29
Total Debt / Total Capital	24.24	25.27	27.07	23.68	23.25
LT Debt/Equity	26.28	26.49	30.04	22	22.75
Long-Term Debt / Total Capital	19.91	19.8	21.91	16.79	17.46
Total Liabilities / Total Assets	68.84	70.15	74.62	72.39	72.26
EBIT / Interest Expense	7.09	16.01	11.89	14.06	15.51
EBITDA / Interest Expense	7.95	16.89	12.67	14.79	16.23
(EBITDA - Capex) / Interest Expense	7.95	16.89	12.67	14.79	16.23
Total Debt / EBITDA	4.64	2.43	2.6	1.99	1.72
Net Debt / EBITDA	4.21	2.23	2.32	1.74	1.53
Total Debt / (EBITDA - Capex)	4.64	2.43	2.6	1.99	1.72
Net Debt / (EBITDA - Capex)	4.21	2.23	2.32	1.74	1.53
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	5.32	13.6	5.23	16.59	12.44
Gross Profit, 1 Yr. Growth %	-18.43	60.94	-4.23	31.7	16.98
EBITDA, 1 Yr. Growth %	-28.36	106.69	-9.62	39.6	21.07
EBITA, 1 Yr. Growth %	-28.36	106.69	-9.62	39.6	21.07
EBIT, 1 Yr. Growth %	-29.73	115.22	-9.96	40.91	21.62
Earnings From Cont. Operations, 1 Yr. Growth %	-20.68	141.69	-37.78	71.85	6.93
Net Income, 1 Yr. Growth %	-20.68	141.69	-37.78	72.09	2.7
Normalized Net Income, 1 Yr. Growth %	-21.05	135.85	-32.6	45.12	15.02
Diluted EPS Before Extra, 1 Yr. Growth %	-19.77	147.37	-34.87	75.95	4.13
Net Property, Plant and Equip., 1 Yr. Growth %	-52.14	-57.74	-42.45	-34.02	-45.06
Accounts Receivable, 1 Yr. Growth %	1.19	8.03	5.4	12.12	7.83
Total Assets, 1 Yr. Growth %	7.82	4.86	-0.45	15.91	6.88
Common Equity, 1 Yr. Growth %	7.43	0.46	-15.36	17.79	7.59
Tangible Book Value, 1 Yr. Growth %	8.71	-1.53	-30.31	8.65	9.44
Cash From Operations, 1 Yr. Growth %	54.29	13.94	0.84	12.2	28.1
Levered Free Cash Flow, 1 Yr. Growth %	58.88	33.71	-54.4	-612.42	14.22
Unlevered Free Cash Flow, 1 Yr. Growth %	54.96	32.28	-52.48	-733.38	14.08
Dividend Per Share, 1 Yr. Growth %	3.69	2.91	3.46	3.65	5.28
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	5.03	9.38	8.15	10.83	14.5
Gross Profit, 2 Yr. CAGR %	-7.02	14.58	18.3	11.99	24.12
EBITDA, 2 Yr. CAGR %	-12.7	21.69	26.23	11.86	30
EBITA, 2 Yr. CAGR %	-12.7	21.69	26.23	11.86	30
EBIT, 2 Yr. CAGR %	-13.08	22.98	27.91	12.16	30.91
Earnings From Cont. Operations, 2 Yr. CAGR %	-5.57	38.46	22.63	2.83	35.56
Net Income, 2 Yr. CAGR %	-5.57	38.46	22.63	2.91	32.95
Normalized Net Income, 2 Yr. CAGR %	-6.06	36.45	26.08	-1.61	29.2
Diluted EPS Before Extra, 2 Yr. CAGR %	-4.21	40.87	26.93	6.45	35.36
Net Property, Plant and Equip., 2 Yr. CAGR %	-16.93	-34.7	-24.57	-9.92	-17.96
Accounts Receivable, 2 Yr. CAGR %	1.99	4.55	6.71	8.71	9.95
Total Assets, 2 Yr. CAGR %	6.64	6.33	2.17	7.38	11.3
Common Equity, 2 Yr. CAGR %	8.69	3.89	-7.79	-0.17	12.57
Tangible Book Value, 2 Yr. CAGR %	13.05	5.27	-15.63	-10.4	11.96
Cash From Operations, 2 Yr. CAGR %	33.63	32.59	7.19	6.43	19.89
Levered Free Cash Flow, 2 Yr. CAGR %	66.12	43.66	-24.04	1.77	138.93
Unlevered Free Cash Flow, 2 Yr. CAGR %	59.28	41.19	-22.8	2.21	165.59
Dividend Per Share, 2 Yr. CAGR %	3.22	3.3	3.19	3.55	4.46
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.69	7.82	7.67	10.86	11.36
Gross Profit, 3 Yr. CAGR %	-1.96	11.64	6.83	22.02	13.62
EBITDA, 3 Yr. CAGR %	-4.48	16.35	8.61	30.09	14.85
EBITA, 3 Yr. CAGR %	-4.48	16.35	8.61	30.09	14.85
EBIT, 3 Yr. CAGR %	-5.02	17.59	9.18	31.64	15.23
Earnings From Cont. Operations, 3 Yr. CAGR %	-2.92	29.17	6.05	36.65	4.18
Net Income, 3 Yr. CAGR %	-2.92	29.17	6.05	36.71	2.84
Normalized Net Income, 3 Yr. CAGR %	0.65	27.68	7.86	31.58	3.65
Diluted EPS Before Extra, 3 Yr. CAGR %	-1.66	31.42	8.93	40.92	5.67
Net Property, Plant and Equip., 3 Yr. CAGR %	-3.37	-14.97	-16.89	-7.08	-6.1
Accounts Receivable, 3 Yr. CAGR %	3.94	3.97	4.83	8.48	8.41
Total Assets, 3 Yr. CAGR %	4.53	6.04	4.02	6.54	7.21
Common Equity, 3 Yr. CAGR %	5.12	5.88	-2.97	0.04	2.35
Tangible Book Value, 3 Yr. CAGR %	8.24	9.22	-7.13	-6.4	-2.52
Cash From Operations, 3 Yr. CAGR %	29.52	26.71	21.03	8.89	13.22
Levered Free Cash Flow, 3 Yr. CAGR %	27.19	53.04	-2.64	9.4	4.89
Unlevered Free Cash Flow, 3 Yr. CAGR %	25.08	48.34	-2.41	9.39	5.18
Dividend Per Share, 3 Yr. CAGR %	3.09	3.12	3.35	3.34	4.13
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	13.71	5.4	5.73	8.78	10.34
Gross Profit, 5 Yr. CAGR %	3.19	4.91	7.09	10.9	13.11
EBITDA, 5 Yr. CAGR %	1.38	7.49	9.28	13.49	16.47
EBITA, 5 Yr. CAGR %	1.38	7.49	9.28	13.49	16.47
EBIT, 5 Yr. CAGR %	0.8	6.79	9.67	14.3	17.15
Earnings From Cont. Operations, 5 Yr. CAGR %	4.51	15.61	6.59	17.87	16.7
Net Income, 5 Yr. CAGR %	4.51	15.61	6.59	17.91	15.79
Normalized Net Income, 5 Yr. CAGR %	4.57	12.99	10.14	14.99	15.65
Diluted EPS Before Extra, 5 Yr. CAGR %	-2	16.79	8.91	20.76	18.51
Net Property, Plant and Equip., 5 Yr. CAGR %	4.57	-2.73	1.59	3.14	-3.76
Accounts Receivable, 5 Yr. CAGR %	14.51	4.77	5.04	5.84	6.85
Total Assets, 5 Yr. CAGR %	13.27	4.6	3.58	6.58	6.86
Common Equity, 5 Yr. CAGR %	15.33	4.34	-0.25	3.41	2.96
Tangible Book Value, 5 Yr. CAGR %	9.51	7.54	-1.34	1.64	1.26
Cash From Operations, 5 Yr. CAGR %	20.42	16.07	20.08	18.18	20.6
Levered Free Cash Flow, 5 Yr. CAGR %	10	-21.36	3.63	29.47	18.46
Unlevered Free Cash Flow, 5 Yr. CAGR %	11.61	-21.1	3.26	27.29	17.85
Dividend Per Share, 5 Yr. CAGR %	3.04	3.02	3.13	3.29	3.79