Chubb
CB · NYSEFire, Marine & Casualty Insurance · Fiscal year ends Dec 31
Chubb reported revenue of $59.4B in the fiscal year ended Dec 2025, up 6.5% from the year before. Net income was $10.3B. Net debt was $14.8B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | $40.9B | $43.1B | $49.7B | $55.8B | $59.4B |
| Net interest incomeBanks | −$492M | −$570M | −$672M | −$741M | −$764M |
| Interest expense | $492M | $570M | $672M | $741M | $764M |
| Pre-tax income | $9.8B | $6.5B | $9.5B | $11.5B | $13B |
| Income tax | $1.3B | $1.2B | $511M | $1.8B | $2.4B |
| Net income | $8.5B | $5.2B | $9B | $9.3B | $10.3B |
| Diluted EPS | 19.24 | 12.39 | 21.80 | 22.70 | 25.68 |
| Diluted shares | 443M | 424M | 414M | 408M | 402M |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $1.7B | $2B | $2.6B | $2.5B | $2.5B |
| Net PP&E | $2B | $2.4B | $2.9B | $3.1B | $3.5B |
| Goodwill | $15.2B | $16.2B | $19.7B | $19.6B | $20.2B |
| Total assets | $200B | $199B | $231B | $247B | $272B |
| Short-term debt | $999M | $475M | $1.5B | $800M | $1.5B |
| Long-term debt | $15.2B | $14.4B | $13B | $14.4B | $15.7B |
| Total liabilities | $140B | $148B | $167B | $178B | $193B |
| Shareholders' equity | $58.3B | $50.5B | $59.5B | $64B | $73.8B |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $11.2B | $11.3B | $12.6B | $16.2B | $12.8B |
| Acquisitions | $1.2B | $5.2B | $34M | $538M | $289M |
| Share buybacks | $4.9B | $2.9B | $2.4B | $1.8B | $3.7B |
| Dividends paid | $1.4B | $1.4B | $1.4B | $1.4B | $1.5B |
| Dividend per share | – | 3.29 | 3.41 | 3.59 | 3.82 |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 5.5% | 15.4% | 12.1% | 6.5% |
| EPS growth (YoY) | – | −35.6% | 75.9% | 4.1% | 13.1% |
| Net margin | 20.9% | 12.2% | 18.2% | 16.6% | 17.4% |
| Return on equityBlank when equity is negative | 14.6% | 10.4% | 15.2% | 14.5% | 14.0% |
| Cash conversion (CFO ÷ net income) | 1.31x | 2.15x | 1.40x | 1.75x | 1.24x |
| Debt ÷ equity | 0.28x | 0.29x | 0.24x | 0.24x | 0.23x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | $14.5B | $12.9B | $11.9B | $12.6B | $14.8B |
Recent filings
More in Fire, Marine & Casualty Insurance
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.