8-K Announcements
6Apr 30, 2026·SEC
Feb 11, 2026·SEC
Feb 5, 2026·SEC
CNO Financial Group, Inc. (CNO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Get notified when CNO posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
CNO Financial Group, Inc. (CNO) stock price & volume — 10-year historical chart
CNO Financial Group, Inc. (CNO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
CNO Financial Group, Inc. (CNO) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $1.29vs $0.91+41.8% | $1.0Bvs $1.0B+2.6% |
| Q1 2026 | Feb 5, 2026 | $1.47vs $1.20+22.5% | $1.1Bvs $1.0B+13.9% |
| Q4 2025 | Nov 3, 2025 | $0.96vs $1.21-20.7% | $1.2Bvs $1.0B+18.5% |
| Q3 2025 | Jul 28, 2025 | $0.87vs $0.85+2.4% | $1.2Bvs $975M+18.1% |
CNO Financial Group, Inc. (CNO) competitors in Individual life and final expense insurers — business model, growth, and fundamentals comparison
CNO Financial Group, Inc. (CNO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CNO Financial Group, Inc. (CNO) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 4.3B | 4.31B | 4.02B | 3.82B | 4.12B | 3.58B | 4.15B | 4.45B | 4.49B |
Revenue Growth % | 7.74% | 0.28% | -6.9% | -4.85% | 7.88% | -13.23% | 15.94% | 7.21% | 0.94% |
Medical Costs & Claims | 2.96B | 3.73B | 2.78B | 2.54B | 2.42B | 1.79B | 2.61B | 2.74B | 2.48B |
Medical Cost Ratio % | 68.76% | 86.55% | 69.29% | 66.42% | 58.77% | 49.95% | 63.04% | 61.71% | 55.21% |
Gross Profit | 1.34B▲ 0% | 580.2M▼ 56.8% | 1.23B▲ 112.5% | 1.28B▲ 4.1% | 1.7B▲ 32.4% | 1.79B▲ 5.3% | 1.53B▼ 14.4% | 1.7B▲ 11.1% | 2.01B▲ 18.1% |
Gross Margin % | 31.24% | 13.45% | 30.71% | 33.58% | 41.23% | 50.05% | 36.96% | 38.29% | 44.79% |
Gross Profit Growth % | 15.58% | -56.83% | 112.53% | 4.07% | 32.42% | 5.34% | -14.39% | 11.07% | 18.07% |
Operating Expenses | 863.4M | 845M | 958.9M | 939M | 966.3M | 973.7M | 1.18B | 1.18B | 1.72B |
OpEx / Revenue % | 20.07% | 19.59% | 23.88% | 24.57% | 23.44% | 27.22% | 28.35% | 26.63% | 38.25% |
Depreciation & Amortization | 265.4M | 292.2M | 267.9M | 303.9M | 236.6M | 248.5M | 267.4M | 292.4M | 0 |
Combined Ratio % | 88.83% | 106.14% | 93.17% | 90.99% | 82.22% | 77.17% | 91.4% | 88.34% | 93.46% |
Operating Income | 480.5M▲ 0% | -264.8M▼ 155.1% | 274.2M▲ 203.5% | 344.3M▲ 25.6% | 733.1M▲ 112.9% | 816.5M▲ 11.4% | 356.8M▼ 56.3% | 518.3M▲ 45.3% | 293.4M▼ 43.4% |
Operating Margin % | 11.17% | -6.14% | 6.83% | 9.01% | 17.78% | 22.83% | 8.6% | 11.66% | 6.54% |
Operating Income Growth % | 36.04% | -155.11% | 203.55% | 25.57% | 112.92% | 11.38% | -56.3% | 45.26% | -43.39% |
EBITDA | 745.9M | 27.4M | 542.1M | 648.2M | 969.7M | 1.06B | 624.2M | 810.7M | 524.3M |
EBITDA Margin % | 17.34% | 0.64% | 13.5% | 16.96% | 23.52% | 29.78% | 15.05% | 18.24% | 11.68% |
Interest Expense | 123.7M | 149.8M | 152.3M | 108.8M | 95.4M | 137M | 238.6M | 254.4M | 230.9M |
Non-Operating Income | -123.7M | -149.8M | -152.3M | -108.8M | -95.4M | -137M | -238.6M | -254.4M | -230.9M |
Pretax Income | 480.5M▲ 0% | -264.8M▼ 155.1% | 274.2M▲ 203.5% | 344.3M▲ 25.6% | 733.1M▲ 112.9% | 816.5M▲ 11.4% | 356.8M▼ 56.3% | 518.3M▲ 45.3% | 293.4M▼ 43.4% |
Pretax Margin % | 11.17% | -6.14% | 6.83% | 9.01% | 17.78% | 22.83% | 8.6% | 11.66% | 6.54% |
Income Tax | 304.9M | 50.2M | -135.2M | 42.5M | 162.8M | 185.9M | 80.3M | 114.3M | 64.1M |
Effective Tax Rate % | 63.45% | -18.96% | -49.31% | 12.34% | 22.21% | 22.77% | 22.51% | 22.05% | 21.85% |
Net Income | 175.6M▲ 0% | -315M▼ 279.4% | 409.4M▲ 230.0% | 301.8M▼ 26.3% | 570.3M▲ 89.0% | 630.6M▲ 10.6% | 276.5M▼ 56.2% | 404M▲ 46.1% | 229.3M▼ 43.2% |
Net Margin % | 4.08% | -7.3% | 10.19% | 7.9% | 13.83% | 17.63% | 6.67% | 9.09% | 5.11% |
Net Income Growth % | -50.98% | -279.38% | 229.97% | -26.28% | 88.97% | 10.57% | -56.15% | 46.11% | -43.24% |
EPS (Diluted) | 1.02▲ 0% | -1.90▼ 286.3% | 2.61▲ 237.4% | 2.11▼ 19.2% | 3.36▲ 59.2% | 5.36▲ 59.5% | 2.40▼ 55.2% | 3.74▲ 55.8% | 2.35▼ 37.2% |
EPS Growth % | -49.25% | -286.27% | 237.37% | -19.16% | 59.24% | 59.52% | -55.22% | 55.83% | -37.17% |
EPS (Basic) | 1.03 | -1.90 | 2.62 | 2.12 | 3.43 | 5.45 | 2.44 | 3.81 | 2.35 |
Diluted Shares Outstanding | 172.14M | 165.46M | 157.15M | 143.16M | 131.13M | 117.72M | 115.12M | 108.12M | 97.76M |
CNO Financial Group, Inc. (CNO) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Total Assets | 33.11B | 31.44B | 33.63B | 35.34B | 36.2B | 33.13B | 35.03B | 37.85B | 38.79B |
Asset Growth % | 3.55% | -5.05% | 6.97% | 5.08% | 2.45% | -8.48% | 5.72% | 8.06% | 2.49% |
Total Investment Assets | 27.85B | 23B | 25.58B | 27.58B | 51.17B | 24.34B | 768.6M | 27.87B | 30B |
Long-Term Investments | 25.23B | 20.44B | 22.77B | 24.96B | 26.36B | 3.78B | -20.74B | 4.84B | 22.08B |
Short-Term Investments | 22.91B | 18.45B | 21.3B | 23.38B | 24.81B | 20.56B | 21.51B | 23.03B | 7.92B |
Total Current Assets | 578M | 594M | 0 | 0 | 29.38B | 26.73B | 0 | 29.99B | 13.58B |
Cash & Equivalents | 178.9M | 62.4M | 74.7M | 54.1M | 99.6M | 69.2M | 774.5M | 1.66B | 956.1M |
Receivables | 0 | 0 | 5.22B | 4.78B | 4.47B | 5.52B | 4.98B | 4.96B | 4.68B |
Other Current Assets | 0 | 0 | -26.59B | -28.22B | 0 | 575.7M | -27.26B | 341M | 27.4M |
Goodwill & Intangibles | 1.39B | 1.67B | 0 | 0 | 1.33B | 1.97B | 2.13B | 2.32B | 2.54B |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 1.39B | 1.67B | 0 | 0 | 1.33B | 1.97B | 2.13B | 2.32B | 2.54B |
PP&E (Net) | -1.39B | -2.7B | 0 | 0 | 48.2M | 0 | 85.3M | 0 | 0 |
Other Assets | -20.56B | -12.86B | -22.77B | -24.96B | -1.38B | 648.8M | 52.42B | 703.2M | 590.9M |
Total Liabilities | 28.26B | 28.07B | 28.95B | 29.86B | 30.94B | 31.36B | 32.81B | 35.33B | 36.15B |
Total Debt | 3.97B | 3.98B | 3.79B | 3.93B | 4B | 3.88B | 4.15B | 4.52B | 4.05B |
Net Debt | 3.79B | 3.92B | 3.71B | 3.88B | 3.9B | 3.81B | 3.38B | 2.86B | 3.1B |
Long-Term Debt | 3.97B | 3.98B | 3.79B | 3.93B | 4B | 3.88B | 4.15B | 4.52B | 4.05B |
Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Current Liabilities | 24.29B | 24.09B | 0 | 0 | 8.4M | 15.47B | 0 | 17.82B | 19.14B |
Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 235M | 0 | 226.8M | 228M |
Other Current Liabilities | 24.29B | 24.09B | 0 | 0 | 8.4M | 15.23B | 0 | 17.59B | 18.91B |
Deferred Taxes | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Liabilities | 0 | 0 | -3.79B | -3.93B | 0 | 12.01B | 28.66B | 12.99B | 12.96B |
Total Equity | 4.85B▲ 0% | 3.37B▼ 30.5% | 4.68B▲ 38.7% | 5.48B▲ 17.3% | 5.26B▼ 4.1% | 1.77B▼ 66.4% | 2.22B▲ 25.3% | 2.52B▲ 13.5% | 2.64B▲ 4.9% |
Equity Growth % | 8.04% | -30.46% | 38.75% | 17.26% | -4.09% | -66.37% | 25.26% | 13.52% | 4.89% |
Shareholders Equity | 4.85B | 3.37B | 4.68B | 5.48B | 5.26B | 1.77B | 2.22B | 2.52B | 2.64B |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Earnings | 765.8M | 196.6M | 535.7M | 752.3M | 1.13B | 1.69B | 1.9B | 2.25B | 2.42B |
Common Stock | 1.7M | 1.6M | 1.5M | 1.3M | 1.2M | 1.1M | 1.1M | 1M | 900K |
Accumulated OCI | 1.01B | 177.7M | 1.37B | 2.19B | 1.95B | -1.96B | -1.58B | -1.37B | -1.11B |
Return on Equity (ROE) | 3.76% | -7.67% | 10.17% | 5.94% | 10.62% | 17.94% | 13.88% | 17.08% | 8.9% |
Return on Assets (ROA) | 0.54% | -0.98% | 1.26% | 0.88% | 1.59% | 1.82% | 0.81% | 1.11% | 0.6% |
Equity / Assets | 14.64% | 10.72% | 13.91% | 15.52% | 14.53% | 5.34% | 6.33% | 6.65% | 6.8% |
Debt / Equity | 0.82x | 1.18x | 0.81x | 0.72x | 0.76x | 2.20x | 1.87x | 1.80x | 1.54x |
Book Value per Share | 28.16 | 20.37 | 29.76 | 38.31 | 40.11 | 15.03 | 19.25 | 23.26 | 26.99 |
Tangible BV per Share | 20.11 | 10.30 | 29.76 | 38.31 | 29.93 | -1.75 | 0.79 | 1.81 | 1.00 |
CNO Financial Group, Inc. (CNO) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 613.1M | 317.8M | 696.7M | 735.5M | 598.3M | 495.4M | 582.9M | 627.7M | 675.7M |
Operating CF Growth % | -19.28% | -48.17% | 119.23% | 5.57% | -18.65% | -17.2% | 17.66% | 7.69% | 7.65% |
Operating CF / Revenue % | 14.25% | 7.37% | 17.35% | 19.25% | 14.51% | 13.85% | 14.06% | 14.12% | 15.06% |
Net Income | 175.6M | -315M | 278M | 301.8M | 570.3M | 630.6M | 276.5M | 404M | 229.3M |
Depreciation & Amortization | 265.4M | 292.2M | 267.9M | 303.9M | 236.6M | 248.5M | 267.4M | 292.4M | 318.5M |
Stock-Based Compensation | 21.4M | 24.7M | 18.8M | 0 | 25.2M | 0 | 0 | 0 | 0 |
Deferred Taxes | 227.5M | 18.4M | -132.8M | 14.1M | 146.5M | 152M | 21.1M | 59.1M | 0 |
Other Non-Cash Items | -233.7M | 728.2M | -367.6M | -281.9M | -726.5M | -161M | -431.8M | -684.1M | -490.2M |
Working Capital Changes | 464.7M | 207.8M | 632.4M | 397.6M | 346.2M | -374.7M | 449.7M | 556.3M | 618.1M |
Cash from Investing | -239.6M | -525.7M | -555.6M | -608.4M | -1.53B | -1.78B | -872.3M | -1.49B | -1.67B |
Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Purchase of Investments | -6.14B | -6.21B | -5.59B | -4.28B | -6.15B | -6.52B | -3.62B | -6.89B | -8.46B |
Sale/Maturity of Investments | 5.92B | 5.71B | 5.14B | 3.71B | 4.7B | 4.8B | 2.79B | 5.42B | 6.8B |
Other Investing | -19.5M | -25M | -102M | -39.8M | -75.3M | -61.2M | -36.6M | -13.5M | -3.2M |
Cash from Financing | -274M | 107.2M | -143M | 210.1M | 667.6M | 1.2B | 533.5M | 1.97B | -22.6M |
Dividends Paid | -59.6M | -64.8M | -67.1M | -67M | -65.7M | -64.8M | -68.1M | -67.7M | -66.2M |
Share Repurchases | -168.3M | -108M | -254.5M | -268.3M | -407.8M | -190.1M | -166.1M | -300.2M | -331.4M |
Stock Issued | 8.3M | 3.9M | 9.2M | 19M | 21.5M | 13.5M | 13.2M | 11.2M | 11.6M |
Debt Issuance (Net) | -1000K | -100K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K |
Other Financing | 213.3M | 276.2M | 379.2M | 384.5M | 1.05B | 1.56B | 495.8M | 1.96B | 833M |
Net Change in Cash | 99.5M▲ 0% | -100.7M▼ 201.2% | -1.9M▲ 98.1% | 337.2M▲ 17847.4% | -260.2M▼ 177.2% | -86.8M▲ 66.6% | 244.1M▲ 381.2% | 1.11B▲ 354.2% | -1.01B▼ 191.5% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash at Beginning | 478.9M | 757.3M | 656.6M | 654.7M | 991.9M | 731.7M | 644.9M | 889M | 2B |
Cash at End | 578.4M | 656.6M | 654.7M | 991.9M | 731.7M | 644.9M | 889M | 2B | 983.5M |
Free Cash Flow | 613.1M▲ 0% | 317.8M▼ 48.2% | 696.7M▲ 119.2% | 735.5M▲ 5.6% | 598.3M▼ 18.7% | 495.4M▼ 17.2% | 582.9M▲ 17.7% | 627.7M▲ 7.7% | 675.7M▲ 7.6% |
FCF Growth % | -19.28% | -48.17% | 119.23% | 5.57% | -18.65% | -17.2% | 17.66% | 7.69% | 7.65% |
FCF Margin % | 14.25% | 7.37% | 17.35% | 19.25% | 14.51% | 13.85% | 14.06% | 14.12% | 15.06% |
FCF per Share | 3.56 | 1.92 | 4.43 | 5.14 | 4.56 | 4.21 | 5.06 | 5.81 | 6.91 |
CNO Financial Group, Inc. (CNO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
Combined Ratio | 91.15% | 88.83% | 106.14% | 93.17% | 90.99% | 82.22% | 77.17% | 91.4% | 88.34% | 93.46% |
Medical Cost Ratio | 70.88% | 68.76% | 86.55% | 69.29% | 66.42% | 58.77% | 49.95% | 63.04% | 61.71% | 55.21% |
Return on Equity (ROE) | 8.31% | 3.76% | -7.67% | 10.17% | 5.94% | 10.62% | 17.94% | 13.88% | 17.08% | 8.9% |
Return on Assets (ROA) | 1.14% | 0.54% | -0.98% | 1.26% | 0.88% | 1.59% | 1.82% | 0.81% | 1.11% | 0.6% |
Equity / Assets | 14.03% | 14.64% | 10.72% | 13.91% | 15.52% | 14.53% | 5.34% | 6.33% | 6.65% | 6.8% |
Book Value / Share | 25.16 | 28.16 | 20.37 | 29.76 | 38.31 | 40.11 | 15.03 | 19.25 | 23.26 | 26.99 |
Debt / Equity | 0.94x | 0.82x | 1.18x | 0.81x | 0.72x | 0.76x | 2.20x | 1.87x | 1.80x | 1.54x |
Revenue Growth | 5.05% | 7.74% | 0.28% | -6.9% | -4.85% | 7.88% | -13.23% | 15.94% | 7.21% | 0.94% |
CNO Financial Group, Inc. (CNO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 30, 2026·SEC
Feb 11, 2026·SEC
Feb 5, 2026·SEC
CNO Financial Group, Inc. (CNO) stock FAQ — growth, dividends, profitability & financials explained
CNO Financial Group, Inc. (CNO) grew revenue by 0.9% over the past year. Growth has been modest.
Yes, CNO Financial Group, Inc. (CNO) is profitable, generating $221.5M in net income for fiscal year 2025 (5.1% net margin).
Yes, CNO Financial Group, Inc. (CNO) pays a dividend with a yield of 1.33%. This makes it attractive for income-focused investors.
CNO Financial Group, Inc. (CNO) has a return on equity (ROE) of 8.9%. This is below average, suggesting room for improvement.
CNO Financial Group, Inc. (CNO) has a combined ratio of 93.5%. A ratio below 100% indicates underwriting profitability.