Last 47 quarters of trend data · Financial Services · Insurance - Life
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
CNO Financial Group, Inc.'s quarterly P/E stands at 11.1x, up 87.8% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 84.7% YoY to 11.0x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 21.63 | 11.06 | 42.99 | 10.84 | 80.10 | 5.89 | 99.15 | 6.54 | 6.80 | 21.80 | 4.06 | 9.25 | — |
| — | +87.8% | -56.6% | +65.8% | +1077.5% | -73.0% | +2340.2% | -29.3% | — | +41.2% | -17.7% | +137.2% | — | |
| P/S Ratio | 1.06 | 0.90 | 0.82 | 0.86 | 1.07 | 0.90 | 0.82 | 0.71 | 0.66 | 0.68 | 0.72 | 0.67 | 0.63 |
| — | +0.4% | +0.4% | +21.6% | +61.8% | +32.9% | +13.9% | +6.1% | +4.6% | -1.0% | +5.7% | +7.9% | -37.9% | |
| P/B Ratio | 1.88 | 1.57 | 1.49 | 1.58 | 1.70 | 1.57 | 1.37 | 1.25 | 1.29 | 1.43 | 1.44 | 1.37 | 1.25 |
| — | -0.3% | +8.8% | +26.4% | +31.9% | +9.7% | -4.5% | -9.1% | +2.8% | -5.0% | -24.0% | +43.0% | +34.7% | |
| P/FCF | 7.05 | 5.28 | 4.93 | 6.83 | 7.85 | 5.17 | 3.99 | 6.83 | 8.05 | 4.49 | 3.71 | 4.84 | 7.76 |
| — | +2.1% | +23.6% | +0.1% | -2.5% | +15.2% | +7.4% | +41.2% | +3.8% | +8.3% | +1.4% | +0.8% | -48.9% | |
| EV / EBITDA | 14.99 | 10.98 | 14.47 | 9.32 | 20.32 | 5.94 | 19.99 | 7.51 | 7.36 | 14.23 | 5.67 | 9.64 | 23.81 |
| — | +84.7% | -27.6% | +24.1% | +176.2% | -58.2% | +252.4% | -22.1% | -69.1% | -16.4% | +4.6% | +133.2% | +293.6% | |
| EV / EBIT | 26.79 | 10.98 | 18.14 | 10.36 | 24.35 | 6.25 | 21.61 | 7.77 | 7.72 | 14.91 | 5.75 | 10.18 | 28.68 |
| — | +75.6% | -16.1% | +33.4% | +215.3% | -58.1% | +275.6% | -23.7% | -73.1% | -5.0% | -2.9% | +123.4% | +315.5% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
CNO Financial Group, Inc.'s operating margin was 9.7% in Q4 2025, up 6.7 pp QoQ and down 9.4 pp YoY. The trailing four-quarter average of 6.2% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.8% | 47.3% | 38.7% | 38.9% | 35.2% | 48.2% | 30.8% | 43.7% | 41.7% | 32.7% | 55.4% | 40.1% | 32.3% |
| — | -1.9% | +25.5% | -11.0% | -15.6% | +47.4% | -44.4% | +9.0% | +29.0% | -17.1% | +1.3% | -37.7% | -43.5% | |
| Operating Margin | 6.5% | 9.7% | 3.0% | 10.2% | 1.8% | 19.2% | 1.0% | 14.1% | 12.7% | 3.9% | 22.8% | 9.4% | -0.1% |
| — | -49.2% | +212.7% | -27.5% | -86.1% | +387.1% | -95.7% | +50.3% | +12859.9% | -30.8% | -9.6% | -73.2% | -100.3% | |
| Net Margin | 5.1% | 8.1% | 1.9% | 8.0% | 1.4% | 15.1% | 0.8% | 10.9% | 9.7% | 3.1% | 17.7% | 7.2% | -0.1% |
| — | -46.3% | +136.0% | -26.9% | -86.0% | +388.1% | -95.3% | +51.4% | +12354.5% | -30.4% | -9.1% | -73.6% | -100.4% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.9% | 3.5% | 0.9% | 3.6% | 0.5% | 6.4% | 0.4% | 4.8% | 4.9% | 1.8% | 8.6% | 3.7% | -0.0% |
| — | -44.6% | +147.6% | -25.1% | -88.9% | +261.1% | -95.8% | +32.5% | +11739.9% | -37.5% | -14.1% | -53.7% | -101.0% | |
| ROA | 0.6% | 0.2% | 0.1% | 0.2% | 0.0% | 0.4% | 0.0% | 0.3% | 0.3% | 0.1% | 0.5% | 0.2% | -0.0% |
| — | -45.3% | +142.5% | -24.8% | -88.7% | +315.5% | -94.9% | +50.8% | +13475.0% | -19.3% | -5.9% | -67.8% | -100.5% | |
| ROIC | 4.0% | 1.5% | 0.5% | 1.5% | 0.2% | 2.8% | 0.1% | 1.9% | 1.9% | 0.6% | 2.9% | 1.3% | -0.0% |
| — | -46.9% | +245.8% | -22.4% | -88.0% | +355.1% | -95.2% | +48.7% | +14597.8% | -20.1% | -4.5% | -60.9% | -100.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
CNO Financial Group, Inc.'s Debt/EBITDA ratio is 24.6x, down from 34.8x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 424.7% YoY to 8.83x, strengthening the short-term liquidity position. Debt/Equity has declined for 5 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.54 | 1.54 | 1.55 | 1.64 | 1.74 | 1.80 | 1.60 | 1.86 | 1.65 | 1.87 | 2.19 | 1.99 | 1.99 |
| — | -14.5% | -3.1% | -12.1% | +5.6% | -4.1% | -27.0% | -6.6% | -17.3% | -14.7% | -26.8% | +13.0% | +87.8% | |
| Debt / EBITDA | 7.73 | 24.62 | 34.83 | 20.98 | 46.05 | 15.77 | 50.41 | 20.36 | 17.99 | 36.09 | 14.70 | 24.52 | 62.51 |
| — | +56.1% | -30.9% | +3.0% | +156.1% | -56.3% | +242.9% | -17.0% | -71.2% | -11.6% | +9.5% | +126.9% | +381.7% | |
| Current Ratio | 0.71 | 8.83 | 0.74 | 0.75 | 0.80 | 1.68 | 0.83 | — | — | — | — | — | — |
| — | +424.7% | -11.0% | — | — | — | — | — | — | — | — | — | — | |
| Quick Ratio | 0.71 | 8.83 | 0.74 | 0.75 | 0.80 | 1.68 | 0.83 | — | — | — | — | — | — |
| — | +424.7% | -11.0% | — | — | — | — | — | — | — | — | — | — | |
| Interest Coverage | 2.27 | 3.09 | 1.64 | 3.00 | 1.29 | 4.40 | 1.16 | 3.35 | 3.43 | 1.72 | 4.44 | 2.67 | 0.98 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Quick answers to the most common questions about buying CNO stock.
CNO Financial Group, Inc.'s current P/E is 21.6x. The average P/E over the last 4 quarters is 36.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
CNO Financial Group, Inc.'s current operating margin is 6.5%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking CNO Financial Group, Inc.'s business trajectory between earnings reports.