Chubb (CB) FY2024 results: revenue $55.8 billion, up 12.1% on the year
Chubb Ltd. (CB) reported revenue of $55.8 billion for fiscal 2024, the year ended 31 December 2024, up 12.1% on the year before. Net income was $9.3 billion, up 2.7%, and diluted earnings per share $22.70. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$55.8 billion
+12.1% on the year
FY2017FY2024
Operating margin
20.5%
19.2% a year earlier
FY2017FY2024
Net income
$9.3 billion
+2.7% on the year
FY2017FY2024
Diluted EPS
$22.70
+4.1% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
16,182
12,632
11,243
+28.1%
Cash from investing
-13,923
-7,648
-5,654
Cash from financing
-2,181
-4,489
-5,142
Buybacks
1,801
2,411
2,894
-25.3%
Dividends paid
1,436
1,394
1,375
+3.0%
Dividend per share
$3.59
$3.41
$3.29
+5.3%
Diluted shares, weighted
408m
414m
424m
-1.4%
Shares outstanding at period end
401m
405m
415m
-1.1%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
64,021
59,507
50,540
+7.6%
Non-controlling interest
4,373
4,184
0.0
+4.5%
Short-term borrowings
800
1,460
475
-45.2%
Debt
14,379
13,035
14,402
+10.3%
Other liabilities
162,975
152,496
133,727
+6.9%
Total liabilities and equity
246,548
230,682
199,144
+6.9%
Fixed assets
3,100
2,900
2,400
+6.9%
Goodwill
19,579
19,686
16,228
-0.5%
Intangible assets
6,377
6,775
5,441
-5.9%
Securities held for sale or to maturity
110,363
106,571
94,102
+3.6%
Loans
2,628
2,553
0.0
+2.9%
Cash and equivalents
2,549
2,621
2,012
-2.7%
Other assets
101,952
89,576
78,961
+13.8%
Total assets
246,548
230,682
199,144
+6.9%
10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.