CNO Financial Group, Inc.
CNO Financial Group, Inc.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Investments | |||||||||||||||||
Debt Securities Available For Sale Excluding Accru… | 24,496 | 23,881 | 23,887 | 23,405 | 23,047 | 23,283 | 22,730 | 23,725 | 22,618 | 21,648 | 21,506 | 20,305 | |||||
Equity Securities Fv Ni | 337 | 333 | 389 | 377 | 387 | 349 | 272 | 121 | 118 | 118 | 97 | 96 | |||||
Notes Receivable Net | 3,356 | 3,348 | 3,257 | 3,043 | 2,834 | 2,601 | 2,506 | 2,373 | 2,176 | 2,087 | 2,064 | 1,971 | |||||
Policy Loans Receivable | 144 | 142 | 141 | 141 | 138 | 136 | 135 | 133 | 131 | 130 | 129 | 126 | |||||
Trading Securities Debt | 259 | 280 | 295 | 297 | 308 | 308 | 304 | 217 | 208 | 223 | 223 | 221 | |||||
Other Investments | 1,859 | 1,695 | 1,737 | 1,617 | 1,501 | 1,387 | 1,492 | 1,596 | 1,554 | 1,471 | 1,353 | 1,120 | |||||
Investments | 30,743 | 29,966 | 29,999 | 29,177 | 28,592 | 28,445 | 27,874 | 28,414 | 27,230 | 26,211 | 26,140 | 24,698 | |||||
Accrued Investment Income Receivable | 303 | 284 | 286 | 282 | 279 | 290 | 286 | 276 | 263 | 252 | 252 | 252 | |||||
Value Of Business Acquired V O B A | 136 | 140 | 144 | 148 | 152 | 157 | 161 | 166 | 170 | 176 | 181 | 186 | |||||
Deferred Policy Acquisition Costs | 2,508 | 2,441 | 2,397 | 2,344 | 2,276 | 2,210 | 2,159 | 2,101 | 2,047 | 1,992 | 1,944 | 1,898 | |||||
Reinsurance Recoverables On Paid Losses | 3,569 | 3,611 | 3,678 | 3,732 | 3,754 | 3,804 | 3,855 | 3,907 | 3,911 | 3,969 | 4,041 | 4,053 | |||||
Market Risk Benefit Asset Amount | - | - | - | - | - | - | - | 96 | 85 | 84 | 75 | 89 | |||||
Separate Account Assets | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||
Other Assets | 585 | 615 | 588 | 662 | 707 | 728 | 700 | 648 | 706 | 716 | 641 | 706 | |||||
Assets | 39,861 | 38,963 | 38,791 | 38,296 | 37,329 | 37,436 | 37,849 | 37,645 | 36,290 | 34,940 | 35,027 | 33,507 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities | |||||||||||||||||
Insurance Loss Reserves | |||||||||||||||||
Policyholder Funds | 19,641 | 18,997 | 18,913 | 18,290 | 17,609 | 17,314 | 17,594 | 16,992 | 16,248 | 15,361 | 15,223 | 15,482 | |||||
Liability For Future Policy Benefits | - | - | 9,478 | - | - | - | 9,167 | 12,180 | 11,479 | 11,737 | 12,188 | 10,830 | |||||
Market Risk Benefit Liability Amount | 51 | 58 | 48 | 53 | 64 | 74 | 60 | 74 | 93 | 100 | 117 | 3 | |||||
Liability For Claims And Claims Adjustment Expense | 62 | 59 | 58 | 62 | 61 | 64 | 61 | 60 | 60 | 65 | 62 | 61 | |||||
Unearned Premiums | 219 | 225 | 228 | 215 | 217 | 222 | 227 | 217 | 221 | 226 | 219 | 221 | |||||
Separate Accounts Liability | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||
Other Liabilities | 957 | 1,099 | 953 | 1,037 | 936 | 1,027 | 1,163 | 951 | 934 | 905 | 849 | 870 | |||||
Notes Payable | 1,336 | 1,336 | 1,336 | 1,335 | 1,335 | 1,834 | 1,834 | 1,833 | 1,832 | 1,141 | 1,141 | 1,140 | |||||
Liabilities | 37,270 | 36,465 | 36,152 | 35,685 | 34,806 | 34,906 | 35,334 | 34,958 | 33,861 | 32,572 | 32,812 | 31,617 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Additional Paid In Capital Common Stock | 1,227 | 1,278 | 1,336 | 1,389 | 1,441 | 1,535 | 1,633 | 1,716 | 1,798 | 1,851 | 1,892 | 1,965 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -1,183 | -1,218 | -1,115 | -1,119 | -1,253 | -1,239 | -1,371 | -1,116 | -1,464 | -1,480 | -1,577 | -1,957 | |||||
Retained Earnings Accumulated Deficit | 2,546 | 2,437 | 2,416 | 2,340 | 2,333 | 2,234 | 2,253 | 2,087 | 2,095 | 1,996 | 1,900 | 1,880 | |||||
Stockholders Equity | 2,592 | 2,498 | 2,638 | 2,611 | 2,523 | 2,555 | 2,515 | 2,688 | 2,429 | 2,368 | 2,216 | 1,890 | |||||
Liabilities And Stockholders Equity | 39,861 | 38,963 | 38,791 | 38,296 | 37,329 | 37,436 | 37,849 | 37,645 | 36,290 | 34,940 | 35,027 | 33,507 | |||||
Debt Securities Available For Sale Amortized Cost … | 42 | 44 | 36 | 33 | 39 | 39 | 37 | 26 | 40 | 39 | 43 | 69 | |||||
Debt Securities Available For Sale Amortized Cost … | 26,580 | 26,081 | 25,776 | 25,219 | 25,229 | 25,471 | 25,151 | 25,246 | 25,106 | 23,951 | 23,699 | 23,900 | |||||
Financing Receivable Allowance For Credit Losses | - | 17 | 21 | 21 | 21 | 20 | 14 | 17 | 13 | 17 | 15 | 11 | |||||
Reinsurance Recoverables Allowance | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | |||||
Common Stock Shares Issued | 93 | 94 | 94 | 96 | 97 | 100 | 102 | 104 | 107 | 109 | 109 | 112 | |||||
Shares Outstanding | 93 | 94 | 94 | 96 | 97 | 100 | 102 | 104 | 107 | 109 | 109 | 112 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.15% | 14.85% | 16.40% | - | - | - | - | - | - | - | - | - |
| 2025 | 0.61% | 2.36% | 0.69% | 7.02% | 9.12% | 9.26% | 1.09% | 7.37% | 0.90% | -4.12% | 5.26% | 12.96% |
| 2024 | 3.57% | 0.66% | 13.18% | 10.26% | 8.71% | 8.74% | 3.58% | -2.79% | 1.30% | 0.72% | -5.93% | -4.98% |
| 2023 | - | - | - | -2.94% | -2.52% | -7.57% | 10.17% | 15.04% | 15.25% | -1.30% | -5.29% | 5.29% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | 2.29 | 2.12 | 1.99 | 2.33 | 2.22 | 2.29 | 2.65 | 2.07 | 2.72 | 2.60 | 2.16 | 2.25 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 2.94 | 2.55 | 2.30 | 3.24 | 3.04 | 3.20 | 3.89 | 2.56 | 3.96 | 3.51 | 2.40 | 2.43 | |||||
| Free Cash Flow Per Share TTM | 7.50 | 7.31 | 6.91 | 6.95 | 7.15 | 6.65 | 5.91 | 5.84 | 5.24 | 5.47 | 5.15 | 5.03 | |||||
| Dividend Per Share TTM | 0.71 | 0.71 | 0.68 | 0.69 | 0.68 | 0.67 | 0.64 | 0.65 | 0.63 | 0.63 | 0.60 | 0.60 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 95.35% | 95.13% | 94.85% | 94.60% | 94.27% | 94.04% | 94.28% | 94.34% | 94.22% | 94.32% | 94.25% | 94.36% | |||||
| Operating Profit Margin TTM | 7.66% | 6.96% | 6.54% | 9.32% | 8.87% | 9.81% | 12.13% | 7.82% | 12.87% | 11.73% | 8.60% | 9.09% | |||||
| Net Profit Margin TTM | 6.02% | 5.44% | 5.11% | 7.19% | 6.97% | 7.68% | 9.46% | 6.06% | 9.96% | 9.07% | 6.67% | 7.04% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 6.03% | 5.02% | 0.85% | -1.80% | 0.96% | -0.00% | 7.30% | 14.50% | 11.08% | 14.90% | 15.94% | 7.39% | |||||
| Net Income Growth (1Y) | -8.48% | -25.61% | -45.51% | 16.45% | -29.32% | -15.30% | 52.19% | -1.44% | 50.70% | -12.72% | -56.15% | -60.73% | |||||
| EPS Growth (1Y) | -3.20% | -20.34% | -40.84% | 26.69% | -22.75% | -8.39% | 62.41% | 5.68% | 59.85% | -8.25% | -55.20% | -60.15% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 16.99 | 15.68 | 17.97 | 11.82 | 12.25 | 12.45 | 9.15 | 13.07 | 6.68 | 7.39 | 10.92 | 9.13 | |||||
| P/B TTM | 1.83 | 1.54 | 1.56 | 1.45 | 1.48 | 1.61 | 1.53 | 1.33 | 1.19 | 1.22 | 1.36 | 1.34 | |||||
| P/S TTM | 1.02 | 0.85 | 0.92 | 0.85 | 0.85 | 0.96 | 0.87 | 0.79 | 0.66 | 0.67 | 0.73 | 0.64 | |||||
| Market Cap | 4.75B | 3.85B | 4.12B | 3.77B | 3.74B | 4.11B | 3.85B | 3.58B | 2.89B | 2.88B | 3.02B | 2.54B | |||||
| Enterprise Value | 4.78B | 4.03B | 4.47B | 3.87B | 4.26B | 4.92B | 3.69B | 4.17B | 3.73B | 3.37B | 3.27B | 3.10B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 698.90M | 687.80M | 675.70M | 671.00M | 704.40M | 669.80M | 627.70M | 613.40M | 565.00M | 595.60M | 582.90M | 567.10M | |||||
| Net Debt | 30.30M | 181.70M | 352.10M | 93.60M | 518.70M | 809.40M | -164.20M | 587.60M | 840.20M | 491.20M | 251.50M | 557.30M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
CNO Financial Group, Inc. (CNO) — SEC Financial Statements & Analysis
CNO Financial Group, Inc. (CNO) is a accident & health insurance company, incorporated in DE. CNO Financial Group, Inc. trades on NYSE as: CNO, CNO-PA. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), CNO Financial Group, Inc. reported a 6.03% year-over-year revenue growth, a Gross Profit Margin of 95.35% (TTM), a Price-to-Sales (P/S) ratio of 1.02x (TTM), a Price-to-Book (P/B) ratio of 1.83x (TTM), at a market cap of $4.75B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 6.03%
- Gross Profit Margin TTM
- 95.35%
- P/S TTM
- 1.02x
- P/B TTM
- 1.83x
- Market Cap
- $4.75B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is CNO Financial Group, Inc. in?
CNO Financial Group, Inc. (CNO) operates in the Accident & Health Insurance industry.
What is CNO's market cap?
CNO Financial Group, Inc. (CNO) has a market capitalization of $4.75B as of 2026-06-30.
What is CNO's P/E ratio?
CNO Financial Group, Inc. (CNO)'s trailing twelve month P/E ratio is 16.99x as of 2026-06-30.
What exchange does CNO trade on?
CNO Financial Group, Inc. (CNO) trades on the NYSE.
Where is CNO Financial Group, Inc. incorporated?
CNO Financial Group, Inc. is incorporated in DE.