Cno Finl Group Inc Financials
This page shows Cno Finl Group Inc (CNO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Cno Finl Group Inc has an operating margin of 12.4%, meaning the company retains $12 of operating profit per $100 of revenue. This results in a moderate score of 62/100, indicating healthy but not exceptional operating efficiency. This is up from 11.1% the prior year.
Cno Finl Group Inc's revenue grew 7.3% year-over-year to $4.4B, a solid pace of expansion. This earns a growth score of 49/100.
Cno Finl Group Inc has elevated debt relative to equity (D/E of 14.05), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Cno Finl Group Inc earns a strong 16.7% return on equity (ROE), meaning it generates $17 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 67/100. This is up from 12.5% the prior year.
Cno Finl Group Inc passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Cno Finl Group Inc generates $1.49 in operating cash flow ($627.7M OCF vs $420.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Cno Finl Group Inc earns $2.2 in operating income for every $1 of interest expense ($550.8M vs $254.4M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Cno Finl Group Inc generated $4.4B in revenue in fiscal year 2024. This represents an increase of 7.3% from the prior year.
Cno Finl Group Inc's EBITDA was $843.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 16.0% from the prior year.
Cno Finl Group Inc reported $420.8M in net income in fiscal year 2024. This represents an increase of 52.2% from the prior year.
Cno Finl Group Inc earned $3.89 per diluted share (EPS) in fiscal year 2024. This represents an increase of 62.1% from the prior year.
Cno Finl Group Inc held $2.0B in cash against $0 in long-term debt as of fiscal year 2024.
Cno Finl Group Inc paid $0.63 per share in dividends in fiscal year 2024. This represents an increase of 6.8% from the prior year.
Cno Finl Group Inc had 101M shares outstanding in fiscal year 2024. This represents a decrease of 7.4% from the prior year.
Cno Finl Group Inc's operating margin was 12.4% in fiscal year 2024, reflecting core business profitability. This is up 1.3 percentage points from the prior year.
Cno Finl Group Inc's net profit margin was 9.5% in fiscal year 2024, showing the share of revenue converted to profit. This is up 2.8 percentage points from the prior year.
Cno Finl Group Inc's ROE was 16.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 4.3 percentage points from the prior year.
Cno Finl Group Inc spent $300.2M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 80.7% from the prior year.
CNO Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B+3.2% | $1.2B+14.7% | $1.0B-8.5% | $1.1B-2.9% | $1.1B+5.9% | $1.1B-7.8% | $1.2B-1.2% | $1.2B |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $162.8M+45.0% | $112.3M+7.4% | $104.6M-39.9% | $173.9M+13.3% | $153.5M+3.3% | $148.6M+98.7% | $74.8M-56.5% | $172.1M |
| Interest Expense | $56.6M-4.2% | $59.1M-4.7% | $62.0M0.0% | $62.0M-8.8% | $68.0M+5.9% | $64.2M+6.6% | $60.2M-5.5% | $63.7M |
| Income Tax | $28.2M+7.6% | $26.2M+555.0% | $4.0M-91.0% | $44.4M+2511.8% | $1.7M-95.0% | $34.3M+1.2% | $33.9M+245.9% | $9.8M |
| Net Income | $23.1M-74.8% | $91.8M+327.0% | $21.5M-87.1% | $166.1M+1686.0% | $9.3M-92.0% | $116.3M+3.6% | $112.3M+209.4% | $36.3M |
| EPS (Diluted) | $0.24-73.6% | $0.91+333.3% | $0.21-86.7% | $1.58+1655.6% | $0.09-91.5% | $1.06+5.0% | $1.01+215.6% | $0.32 |
CNO Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $38.3B+2.6% | $37.3B-0.3% | $37.4B-1.1% | $37.8B+0.5% | $37.6B+3.7% | $36.3B+3.9% | $34.9B-0.2% | $35.0B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $1.2B+52.2% | $816.0M-20.4% | $1.0B-48.7% | $2.0B+60.4% | $1.2B+25.5% | $992.1M+52.7% | $649.8M-26.9% | $889.0M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $69.5M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $35.7B+2.5% | $34.8B-0.3% | $34.9B-1.2% | $35.3B+1.1% | $35.0B+3.2% | $33.9B+4.0% | $32.6B-0.7% | $32.8B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $2.6B+3.5% | $2.5B-1.3% | $2.6B+1.6% | $2.5B-6.4% | $2.7B+10.7% | $2.4B+2.6% | $2.4B+6.9% | $2.2B |
| Retained Earnings | $2.3B+0.3% | $2.3B+4.5% | $2.2B-0.9% | $2.3B+8.0% | $2.1B-0.4% | $2.1B+5.0% | $2.0B+5.0% | $1.9B |
CNO Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $197.8M+35.9% | $145.5M+6.4% | $136.7M-28.4% | $191.0M-17.4% | $231.2M+108.5% | $110.9M+17.2% | $94.6M-46.5% | $176.7M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$106.1M+13.2% | -$122.2M+77.3% | -$538.2M-256.0% | -$151.2M+9.9% | -$167.9M+85.3% | -$1.1B-4755.5% | -$23.6M-132.3% | $73.0M |
| Financing Cash Flow | $333.9M+243.9% | -$232.1M+59.4% | -$571.4M-180.2% | $712.6M+275.3% | $189.9M-86.2% | $1.4B+544.0% | -$310.2M-649.0% | $56.5M |
| Dividends Paid | $16.4M-1.8% | $16.7M-1.2% | $16.9M+3.0% | $16.4M-2.4% | $16.8M-2.3% | $17.2M-0.6% | $17.3M+3.6% | $16.7M |
| Share Buybacks | $60.6M-39.6% | $100.3M-9.1% | $110.3M+20.3% | $91.7M+2.0% | $89.9M+50.3% | $59.8M+1.7% | $58.8M-16.4% | $70.3M |
CNO Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 13.7%+4.0pp | 9.8%-0.7pp | 10.4%-5.4pp | 15.8%+2.3pp | 13.6%-0.4pp | 13.9%+7.5pp | 6.5%-8.2pp | 14.7% |
| Net Margin | 1.9%-6.0pp | 8.0%+5.8pp | 2.1%-13.0pp | 15.1%+14.3pp | 0.8%-10.1pp | 10.9%+1.2pp | 9.7%+6.6pp | 3.1% |
| Return on Equity | 0.9%-2.8pp | 3.6%+2.8pp | 0.8%-5.8pp | 6.6%+6.3pp | 0.4%-4.4pp | 4.8%+0.1pp | 4.7%+3.1pp | 1.6% |
| Return on Assets | 0.1%-0.2pp | 0.3%+0.2pp | 0.1%-0.4pp | 0.4%+0.4pp | 0.0%-0.3pp | 0.3%0.0pp | 0.3%+0.2pp | 0.1% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 13.67-0.1 | 13.80+0.1 | 13.66-0.4 | 14.05+1.0 | 13.01-0.9 | 13.94+0.2 | 13.76-1.1 | 14.81 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Cno Finl Group Inc's annual revenue?
Cno Finl Group Inc (CNO) reported $4.4B in total revenue for fiscal year 2024. This represents a 7.3% 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 Cno Finl Group Inc's revenue growing?
Cno Finl Group Inc (CNO) revenue grew by 7.3% year-over-year, from $4.1B to $4.4B in fiscal year 2024.
Is Cno Finl Group Inc profitable?
Yes, Cno Finl Group Inc (CNO) reported a net income of $420.8M in fiscal year 2024, with a net profit margin of 9.5%.
What is Cno Finl Group Inc's earnings per share (EPS)?
Cno Finl Group Inc (CNO) reported diluted earnings per share of $3.89 for fiscal year 2024. This represents a 62.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Cno Finl Group Inc's EBITDA?
Cno Finl Group Inc (CNO) had EBITDA of $843.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Cno Finl Group Inc's operating margin?
Cno Finl Group Inc (CNO) had an operating margin of 12.4% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Cno Finl Group Inc's net profit margin?
Cno Finl Group Inc (CNO) had a net profit margin of 9.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Cno Finl Group Inc pay dividends?
Yes, Cno Finl Group Inc (CNO) paid $0.63 per share in dividends during fiscal year 2024.
What is Cno Finl Group Inc's return on equity (ROE)?
Cno Finl Group Inc (CNO) has a return on equity of 16.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Cno Finl Group Inc's operating cash flow?
Cno Finl Group Inc (CNO) generated $627.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Cno Finl Group Inc's total assets?
Cno Finl Group Inc (CNO) had $37.8B in total assets as of fiscal year 2024, including both current and long-term assets.
Does Cno Finl Group Inc buy back shares?
Yes, Cno Finl Group Inc (CNO) spent $300.2M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Cno Finl Group Inc have outstanding?
Cno Finl Group Inc (CNO) had 101M shares outstanding as of fiscal year 2024.
What is Cno Finl Group Inc's debt-to-equity ratio?
Cno Finl Group Inc (CNO) had a debt-to-equity ratio of 14.05 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cno Finl Group Inc's return on assets (ROA)?
Cno Finl Group Inc (CNO) had a return on assets of 1.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Cno Finl Group Inc's Piotroski F-Score?
Cno Finl Group Inc (CNO) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Cno Finl Group Inc's earnings high quality?
Cno Finl Group Inc (CNO) has an earnings quality ratio of 1.49x, 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.
Can Cno Finl Group Inc cover its interest payments?
Cno Finl Group Inc (CNO) has an interest coverage ratio of 2.2x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Cno Finl Group Inc?
Cno Finl Group Inc (CNO) scores 45 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.