Filing Flows › Chubb (CB) › Q1 2025
Chubb (CB) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 28, 2025
Chubb (CB) reported revenue of $13.4B for the first quarter 2025 (Q1 2025), +4% from a year earlier and -6% from the quarter before. Operating margin was 12.5%, net earnings $1.3B (10.0% of revenue).
Chubb, Q1 2025: revenue $13.4B (+4% year over year), operating margin 12.5%, net earnings $1.3B, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.4B | -6% | +4% |
| Operating profit | $1.7B | -47% | -37% |
| Net earnings | $1.3B | -48% | -38% |
| Operating cash flow | $1.6B | -66% | -51% |
What changed
Revenue was $13.4B in Q1 2025, up 4% year over year and down 6% from the previous quarter.
Operating profit was $1.7B, a 12.5% margin (down 8.0 points year over year). Operating profit fell $1.0B even though revenue rose $0.46B versus a year earlier, so costs grew faster than sales. Total costs grew 14% against revenue growth of 4%. The fastest-growing cost line was Other operating costs (+15%). Net earnings were $1.3B, down 38% year over year. The effective tax rate was 19.3%.
Operating cash flow was $1.6B (down 51% year over year), 117% of net earnings. Working capital and other items added $0.22B.
Questions
What was Chubb's revenue in the first quarter 2025?
Chubb (CB) reported revenue of $13.4B for the first quarter 2025 (Q1 2025), +4% from a year earlier and -6% from the quarter before.
Was Chubb profitable in the first quarter 2025?
Operating profit was $1.7B (12.5% of revenue) and net earnings $1.3B.
Source: Chubb 10-Q on SEC EDGAR.