Chubb (CB) FY2022 results: revenue $43.2 billion, up 5.6% on the year
Chubb Ltd. (CB) reported revenue of $43.2 billion for fiscal 2022, the year ended 31 December 2022, up 5.6% on the year before. Net income was $5.2 billion, down 38.6%, and diluted earnings per share $12.39. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2023.
Revenue
$43.2 billion
+5.6% on the year
FY2015FY2022
Operating margin
15.2%
24.0% a year earlier
FY2015FY2022
Net income
$5.2 billion
-38.6% on the year
FY2015FY2022
Diluted EPS
$12.39
-35.7% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
11,243
11,149
9,785
+0.8%
Cash from investing
-5,654
-6,659
-7,521
Cash from financing
-5,142
-4,409
-2,082
Buybacks
2,894
4,861
523
-40.5%
Dividends paid
1,375
1,401
1,388
-1.9%
Dividend per share
$3.29
n/a
n/a
Diluted shares, weighted
424m
443m
453m
-4.4%
Shares outstanding at period end
415m
427m
451m
-2.8%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
50,540
58,328
59,441
-13.4%
Non-controlling interest
0.0
n/a
n/a
Short-term borrowings
475
999
0.0
-52.5%
Debt
14,402
15,169
14,948
-5.1%
Other liabilities
133,727
125,558
116,385
+6.5%
Total liabilities and equity
199,144
200,054
190,774
-0.5%
Fixed assets
2,400
2,000
2,000
+20.0%
Goodwill
16,228
15,213
15,400
+6.7%
Intangible assets
5,441
5,455
5,811
-0.3%
Securities held for sale or to maturity
94,102
103,261
102,396
-8.9%
Loans
0.0
n/a
n/a
Cash and equivalents
2,012
1,659
1,747
+21.3%
Other assets
78,961
72,466
63,420
+9.0%
Total assets
199,144
200,054
190,774
-0.5%
10-K for the year ended 31 December 2022, filed 24 February 2023: the filing.