Chubb (CB) FY2021 results: revenue $40.9 billion, up 13.5% on the year
Chubb Ltd. (CB) reported revenue of $40.9 billion for fiscal 2021, the year ended 31 December 2021, up 13.5% on the year before. Net income was $8.5 billion, up 141.7%, and diluted earnings per share $19.27. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$40.9 billion
+13.5% on the year
FY2014FY2021
Operating margin
24.0%
11.6% a year earlier
FY2014FY2021
Net income
$8.5 billion
+141.7% on the year
FY2014FY2021
Diluted EPS
$19.27
+147.4% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
11,149
9,785
6,342
+13.9%
Cash from investing
-6,659
-7,521
-5,905
Cash from financing
-4,409
-2,082
-151
Buybacks
4,861
523
1,530
+829.4%
Dividends paid
1,401
1,388
1,354
+0.9%
Diluted shares, weighted
443m
453m
459m
-2.3%
Shares outstanding at period end
427m
451m
452m
-5.4%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
58,328
59,441
55,331
-1.9%
Short-term borrowings
999
0.0
1,299
Debt
15,169
14,948
13,559
+1.5%
Other liabilities
125,558
116,385
106,754
+7.9%
Total liabilities and equity
200,054
190,774
176,943
+4.9%
Fixed assets
2,000
2,000
1,900
0.0%
Goodwill
15,213
15,400
15,296
-1.2%
Intangible assets
5,455
5,811
6,063
-6.1%
Securities held for sale or to maturity
103,261
102,396
98,069
+0.8%
Cash and equivalents
1,659
1,747
1,537
-5.0%
Other assets
72,466
63,420
54,078
+14.3%
Total assets
200,054
190,774
176,943
+4.9%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.