A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 3, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CNA SEC filings page.
CNA Financial Corporation (CNA) reported $15.2B in revenue over the twelve months to Jun 30, 2026, up 3.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
CNA’s reported earnings rebound sits on a liability-heavy balance sheet, while cash generation remains well above net income.
In FY2025, operating cash flow was$2.5B versus net income of$1.3B , so reported earnings converted into substantially more cash than accounting profit alone suggests. Free cash flow reached$2.4B despite only$86M of capital spending, indicating the cash profile is not driven by heavy physical reinvestment.
The FY2025 profit rebound appears operationally meaningful: net margin recovered to
The balance sheet is liability-heavy: total liabilities were about 5.0x equity in FY2025, while long-term debt was only 0.3x equity. That gap matters because much of the funding structure is not conventional long-term borrowing, so debt-to-equity alone understates reliance on liabilities.
Financial Health Signals
Scored against insurers for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of CNA Financial Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Loss Ratio measures the claims an insurer paid out against the premiums it earned, so a lower ratio leaves more of every premium dollar with the company. CNA Financial Corporation scores 19/100 on it among other insurers.
CNA Financial Corporation reported revenue of $15.0B in fiscal year 2025, against $14.3B in fiscal year 2024. Premium Growth ranks insurers on the three-year path of the premiums they write rather than on total revenue, and CNA Financial Corporation scores 46/100 among other insurers.
CNA Financial Corporation funded 16.7% of its assets with shareholders' equity at the end of fiscal year 2025, holding $11.6B of equity against $69.4B of assets. Capital ranks insurers on that cushion, and CNA Financial Corporation scores 27/100 among other insurers.
Not available for CNA Financial Corporation, and counted as zero in the overall score.
Combined Ratio puts claims and running costs together against premiums earned, and a figure under 100% means the underwriting made money before any investment income was counted. CNA Financial Corporation scores 28/100 on it among other insurers.
CNA Financial Corporation reported net income of $1.3B in fiscal year 2025, against $959.0M in fiscal year 2024. Stability ranks insurers on how steady net income has been across five years, and CNA Financial Corporation scores 88/100 among other insurers.
CNA Financial Corporation passes 7 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, CNA Financial Corporation generates $1.95 in operating cash flow ($2.5B OCF vs $1.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
CNA Financial Corporation generated $3.8B in revenue in Q2 2026. This represents an increase of 3.0% from the same quarter a year earlier. Against the prior quarter it is up 4.1%.
CNA Financial Corporation reported $321.0M in net income in Q2 2026. This represents an increase of 7.4% from the same quarter a year earlier. Against the prior quarter it is up 52.1%.
CNA Financial Corporation earned $1.18 per diluted share (EPS) in Q2 2026. This represents an increase of 7.3% from the same quarter a year earlier. Against the prior quarter it is up 51.3%.
Not reported for Q2 2026.
Cash & Balance Sheet
CNA Financial Corporation generated $629.0M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 16.9% from the same quarter a year earlier. Against the prior quarter it is up 65.5%.
CNA Financial Corporation held $339.0M in cash against $3.0B in long-term debt as of Q2 2026.
CNA Financial Corporation paid $0.48 per share in dividends in Q2 2026. This represents an increase of 4.3% from the same quarter a year earlier. Against the prior quarter it is down 80.6%.
Margins & Returns
CNA Financial Corporation's net profit margin was 8.4% in Q2 2026, showing the share of revenue converted to profit. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.6 percentage points.
CNA Financial Corporation's ROE was 2.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.9 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
CNA Financial Corporation repurchased no shares in Q2 2026. Against the prior quarter it is down 100.0%.
CNA Financial Corporation invested $20.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 16.7% from the same quarter a year earlier. Against the prior quarter it is up 53.8%.
Not reported for Q2 2026.
CNA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.8B+3.0% | $3.7B+1.4% | $3.8B+3.8% | $3.8B+5.5% | $3.7B+5.6% | $3.6B+5.3% | $3.7B+5.2% | $3.6B+8.5% |
| Interest Expense | $33.0M+6.5% | $33.0M+3.1% | $36.0M+12.5% | $36.0M+12.5% | $31.0M-8.8% | $32.0M-8.6% | $32.0M-5.9% | $32.0M-5.9% |
| Income Tax | $84.0M+3.7% | $56.0M-25.3% | $76.0M | $110.0M+41.0% | $81.0M-4.7% | $75.0M-15.7% | $0-100.0% | $78.0M+14.7% |
| Net Income | $321.0M+7.4% | $211.0M-23.0% | $302.0M+1338.1% | $403.0M+42.4% | $299.0M-5.7% | $274.0M-18.9% | $21.0M-94.3% | $283.0M+9.7% |
| EPS (Basic) | $1.18+7.3% | $0.78-22.8% | $1.11+1485.7% | $1.49+43.3% | $1.10-6.0% | $1.01-18.5% | $0.07-94.8% | $1.04+9.5% |
| EPS (Diluted) | $1.18+7.3% | $0.78-22.0% | $1.11+1287.5% | $1.48+42.3% | $1.10-6.0% | $1.00-19.4% | $0.08-94.1% | $1.04+9.5% |
| Diluted Shares (Avg) | 272M-0.2% | 272M-0.1% | N/A | 272M-0.1% | 272M-0.1% | 273M0.0% | N/A | 273M+0.1% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.
CNA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $69.9B+1.4% | $68.6B+1.8% | $69.4B+4.4% | $69.8B+3.6% | $68.9B+5.7% | $67.3B+3.5% | $66.5B+2.8% | $67.4B+8.7% |
| Cash & Equivalents | $339.0M-9.1% | $522.0M+8.1% | $425.0M-10.0% | $483.0M+5.9% | $373.0M-0.5% | $483.0M+18.1% | $472.0M+36.8% | $456.0M-6.0% |
| Short-Term Investments | $1.7B-0.3% | $1.5B-5.4% | $2.3B+11.1% | $2.2B+18.1% | $1.7B-1.1% | $1.6B-20.6% | $2.1B-3.6% | $1.9B-3.1% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $147.0M-0.7% | $147.0M+0.7% | $148.0M+2.1% | $148.0M+0.7% | $148.0M+1.4% | $146.0M0.0% | $145.0M-0.7% | $147.0M+1.4% |
| Total Liabilities | $58.7B+0.7% | $57.7B+1.1% | $57.8B+3.3% | $58.4B+3.2% | $58.3B+5.3% | $57.0B+2.9% | $56.0B+2.1% | $56.6B+6.0% |
| Long-Term Debt | $3.0B+20.1% | $3.0B+20.1% | $3.0B-0.1% | $3.0B-0.1% | $2.5B-16.7% | $2.5B-16.7% | $3.0B+19.8% | $3.0B+19.8% |
| Total Equity | $11.2B+4.9% | $10.9B+5.6% | $11.6B+10.5% | $11.3B+5.2% | $10.7B+8.0% | $10.3B+6.4% | $10.5B+6.3% | $10.8B+25.6% |
| Retained Earnings | $9.6B+1.9% | $9.4B+1.7% | $9.9B+2.4% | $9.7B-0.5% | $9.5B-1.7% | $9.3B-1.5% | $9.7B-0.7% | $9.8B+3.0% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities.
CNA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $649.0M+15.5% | $393.0M-38.4% | $570.0M-18.9% | $720.0M-3.7% | $562.0M-8.8% | $638.0M+26.6% | $703.0M+35.2% | $748.0M-9.7% |
| Depreciation & Amortization | $20.0M+11.1% | $20.0M+17.6% | $17.0M+6.3% | $18.0M+5.9% | $18.0M0.0% | $17.0M+6.3% | $16.0M-44.8% | $17.0M+6.3% |
| Capital Expenditures | $20.0M-16.7% | $13.0M-27.8% | $28.0M-26.3% | $16.0M-11.1% | $24.0M+26.3% | $18.0M-10.0% | $38.0M+65.2% | $18.0M-25.0% |
| Free Cash Flow | $629.0M+16.9% | $380.0M-38.7% | $542.0M-18.5% | $704.0M-3.6% | $538.0M-9.9% | $620.0M+28.1% | $665.0M+33.8% | $730.0M-9.2% |
| Investing Cash Flow | -$699.0M-25.0% | $444.0M+404.5% | -$3.0M+99.5% | -$975.0M-76.3% | -$559.0M-1497.5% | $88.0M+135.3% | -$555.0M-81.4% | -$553.0M+18.6% |
| Financing Cash Flow | -$131.0M-4.8% | -$736.0M-1.9% | -$626.0M-426.1% | $369.0M+407.5% | -$125.0M+81.9% | -$722.0M-282.0% | -$119.0M+66.9% | -$120.0M-566.7% |
| Dividends Paid | $130.0M+4.0% | $682.0M+1.3% | $125.0M+5.0% | $124.0M+3.3% | $125.0M+5.0% | $673.0M+0.9% | $119.0M+4.4% | $120.0M+5.3% |
| Share Buybacks | $0 | $36.0M+5.9% | $0 | $0 | $0-100.0% | $34.0M | $0 | $0 |
Not reported in any period shown, so not listed: Stock-Based Compensation.
CNA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 8.4%+0.3pp | 5.7%-1.8pp | 7.9%+7.3pp | 10.6%+2.7pp | 8.0%-1.0pp | 7.5%-2.3pp | 0.6%-9.9pp | 7.8%+0.1pp |
| Return on Equity | 2.9%+0.1pp | 1.9%-0.7pp | 2.6%+2.4pp | 3.6%+0.9pp | 2.8%-0.4pp | 2.7%-0.8pp | 0.2%-3.5pp | 2.6%-0.4pp |
| Return on Assets | 0.5%0.0pp | 0.3%-0.1pp | 0.4%+0.4pp | 0.6%+0.2pp | 0.4%-0.1pp | 0.4%-0.1pp | 0.0%-0.5pp | 0.4%0.0pp |
| Debt-to-Equity | 0.270.0x | 0.270.0x | 0.260.0x | 0.260.0x | 0.23-0.1x | 0.24-0.1x | 0.280.0x | 0.280.0x |
| Asset Turnover | 0.050.0x | 0.050.0x | 0.060.0x | 0.050.0x | 0.050.0x | 0.050.0x | 0.060.0x | 0.050.0x |
| FCF Margin | 16.4%+2.0pp | 10.3%-6.8pp | 14.2%-3.9pp | 18.4%-1.7pp | 14.5%-2.5pp | 17.1%+3.0pp | 18.0%+3.9pp | 20.2%-3.9pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| CNA Financial Corporation CNA | FY2025 | $15.0B | $1.3B | 8.5% | $12.8B | 35/100 |
| American Financial Group, Inc. AFG | FY2025 | $8.2B | $842.0M | 10.3% | $12.0B | 37/100 |
| Assurant, Inc. AIZ | FY2025 | $12.8B | $872.7M | 6.8% | $13.4B | 36/100 |
| Old Republic International Corporation ORI | FY2025 | $9.1B | $935.4M | 10.2% | $9.2B | 49/100 |
| Kinsale Capital Group, Inc. KNSL | FY2025 | $1.9B | $503.6M | 26.9% | $7.7B | 59/100 |
| Markel Group Inc. MKL | FY2025 | $15.5B | $2.1B | 13.6% | $22.2B | 24/100 |
Where CNA Financial Corporation Ranks
Frequently Asked Questions
What is CNA Financial Corporation's annual revenue?
CNA Financial Corporation (CNA) reported $15.0B in total revenue for fiscal year 2025. This represents a 5.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is CNA Financial Corporation's revenue growing?
CNA Financial Corporation (CNA) revenue grew by 5.0% year-over-year, from $14.3B to $15.0B in fiscal year 2025.
Is CNA Financial Corporation profitable?
Yes, CNA Financial Corporation (CNA) reported a net income of $1.3B in fiscal year 2025, with a net profit margin of 8.5%.
How much debt does CNA Financial Corporation have?
As of fiscal year 2025, CNA Financial Corporation (CNA) had $425.0M in cash and equivalents against $3.0B in long-term debt.
What is CNA Financial Corporation's net profit margin?
CNA Financial Corporation (CNA) had a net profit margin of 8.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does CNA Financial Corporation pay dividends?
Yes, CNA Financial Corporation (CNA) paid $3.84 per share in dividends during fiscal year 2025.
What is CNA Financial Corporation's return on equity (ROE)?
CNA Financial Corporation (CNA) has a return on equity of 11.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is CNA Financial Corporation's free cash flow?
CNA Financial Corporation (CNA) generated $2.4B in free cash flow during fiscal year 2025. This represents a -2.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is CNA Financial Corporation's operating cash flow?
CNA Financial Corporation (CNA) generated $2.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are CNA Financial Corporation's total assets?
CNA Financial Corporation (CNA) had $69.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are CNA Financial Corporation's capital expenditures?
CNA Financial Corporation (CNA) invested $86.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is CNA Financial Corporation's debt-to-equity ratio?
CNA Financial Corporation (CNA) had a debt-to-equity ratio of 0.26 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is CNA Financial Corporation's return on assets (ROA)?
CNA Financial Corporation (CNA) had a return on assets of 1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is CNA Financial Corporation's P/E ratio?
CNA Financial Corporation (CNA) trades at 10.3x earnings, its market capitalization divided by net income of $1.2B net income, trailing 12 months to June 30, 2026. The market capitalization is $12.8B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is CNA Financial Corporation's price-to-sales ratio?
CNA Financial Corporation (CNA) trades at 0.8x sales, its market capitalization divided by revenue of $15.2B revenue, trailing 12 months to June 30, 2026. The market capitalization is $12.8B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is CNA Financial Corporation's Piotroski F-Score?
CNA Financial Corporation (CNA) has a Piotroski F-Score of 7 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are CNA Financial Corporation's earnings high quality?
CNA Financial Corporation (CNA) has an earnings quality ratio of 1.95x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is CNA Financial Corporation?
CNA Financial Corporation (CNA) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its insurers peer group. The score is a 0-100 composite of six dimensions (Loss Ratio, Premium Growth, Capital, Investment Yield, Combined Ratio, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.