CNA Financial Services

CNA Financial Corporation

$47.23-1.44%

Price as of close on Nov 3, 2026 · Financials updated Oct 6, 2026

Basics

Sector: Financial Services
Industry: Insurance - Property & Casualty
Country: United States
Market cap: 12.8B USD
Full-time employees: 6,600

Overall health

Strength: more profitable than most peersmore profitable than peers
Strength: growing faster than most peersgrowing faster than peers
Strength: its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings

Ranks #99 of 791 banks & insurance companies (top 13%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Worth knowing

Nothing unusual stands out. Its strongest area is growth (78/100).
None of our checks flag anything unusual in CNA Financial's latest figures; its strongest area is growth, at 78 out of 100.

StockQuotient Score

69/ 100

Oct 5 71 → Nov 4 69 (-2)

Valuation

Is the price right?

67/100

Moderate▲ 1 since Oct 27 close

2/2 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why it changed since the Oct 27, 2026 close: Score 66 → 67

Share price -1.8%+1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Stronger than most peers on:

▲ Earnings yield

Compare with peers

Behind the score

Earnings yield (P/E) and book yield (P/B) versus other banks and insurers.

Book yield87.5%

SEC filings · latest balance sheetReported value40% base weight · Z-score 0.28Sector median: 0.7950 · MAD: 0.2843

Earnings yield9.7%

SEC filings · 12 months to Jun 2026Reported value60% base weight · Z-score 0.70Sector median: 0.0789 · MAD: 0.0253

Other data (not scored)

EBITDA yield13.0%

Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.1095 · MAD: 0.0527

Free cash flow yield17.6%

SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingReported valueInformational · 0% composite weightSector median: 0.0796 · MAD: 0.0459

Growth

Is it growing?

78/100

Moderate

1/1 inputs reported · High confidence

Since last quarter: No major change

Why

Stronger than most peers on:

▲ EPS growth

Compare with peers

Behind the score

Earnings-per-share growth versus other banks and insurers.

Earnings per share growth41.1%

SEC filings · 12 months to Jun 2026Reported value100% base weight · Z-score 1.41Sector median: 0.1599 · MAD: 0.1775

Other data (not scored)

3-year revenue growth6.6%

SEC filings · 3 years to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0826 · MAD: 0.0558

Revenue growth3.4%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0866 · MAD: 0.0782

Profitability

Does it earn well?

63/100

Moderate▼ 1 since Oct 27 close

2/2 inputs reported · High confidence

Since last quarter: No major change

Why it changed since the Oct 27, 2026 close: Score 64 → 63

Peer companies moved-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Stronger than most peers on:

▲ ROA

Compare with peers

Behind the score

Return on equity and return on assets versus other banks and insurers.

Return on assets1.8%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score 0.95Sector median: 0.0117 · MAD: 0.0062

Return on equity11.1%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score 0.08Sector median: 0.1074 · MAD: 0.0388

Other data (not scored)

Gross marginUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Operating marginUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.1450 · MAD: 0.1678

Return on invested capitalUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Risk

Debt, liquidity, price swings

Not rated

Not rated for banks and insurers: debt and share-price swings say little about their risk. We leave it blank rather than fill the gap with a made-up middle value.

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about CNA Financial

Is CNA Financial getting weaker?: Its latest SEC filing (Aug 3, 2026) showed no major changes. Its overall score is unchanged at 69/100 since Oct 28, 2026.
How is CNA Financial valued vs its peers?: Priced lower than most peers relative to what it earns. Valuation scores 67/100 against 950 banks & insurance peers. Earnings yield 9.7% vs a peer median of 7.9% (stronger than 68% of peers).Earnings yield 9.7% vs peers 7.9% (stronger than 68% of peers).
Is CNA Financial growing?: Yes, faster than most of its peers. Growth scores 78/100 against 950 banks & insurance peers. Earnings per share growth 41.1% vs a peer median of 16.0% (stronger than 78% of peers).Earnings per share growth 41.1% vs peers 16.0% (stronger than 78% of peers).
How profitable is CNA Financial?: More profitable than most of its peers. Profitability scores 63/100 against 950 banks & insurance peers. Return on assets 1.8% vs a peer median of 1.2% (stronger than 73% of peers).Return on assets 1.8% vs peers 1.2% (stronger than 73% of peers).
How risky is CNA Financial?: Not rated for banks and insurers: debt and share-price swings say little about their risk.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 3, 2026 · compared with the quarter ended Mar 31, 2026

No major changes

	Previous quarter	Latest quarter	Change
Revenue (12 months)	15.0B USD	15.2B USD	+0.7%
Net income (12 months)	1.2B USD	1.2B USD	+1.8%
Free cash flow (12 months)	2.2B USD	2.3B USD	+4.2%
Debt	3.0B USD	3.0B USD	+0.0%
Cash	522.0M USD	339.0M USD	−35.1%
Shares outstanding	270.5M	270.6M	+0.0%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Industry: Insurance - Property & Casualty · 31 companies

Valuations in Insurance - Property & Casualty are within their usual range since 2016.

48% of months since 2016 were valued lower than now.
32% of companies are in the most expensive fifth of their own price-to-book history.
Over 24 months, company values +14% and earnings +58% (medians): earnings grew faster than prices.
Median price-to-book is −38% vs the whole market, against a usual −47%.

2016Shaded: most expensive fifth of its range2026

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Net margin	9.9%	5.7%	9.1%	6.7%	8.5%	▲ 1.8 pts
Return on assets (ROA)	1.8%	1.1%	1.9%	1.4%	1.8%	▲ 0.4 pts
Return on equity (ROE)	10.7%	8.0%	12.2%	9.1%	11.0%	▲ 1.9 pts
Debt to equity	0.25×	0.35×	0.36×	0.28×	0.26×	▼ 9.6%

CNA price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Strength: more profitable than most peersmore profitable than peers

Strength: growing faster than most peersgrowing faster than peers

Strength: its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings

Ranks #99 of 791 banks & insurance companies (top 13%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Questions investors ask about CNA Financial

Is CNA Financial getting weaker?

Its latest SEC filing (Aug 3, 2026) showed no major changes. Its overall score is unchanged at 69/100 since Oct 28, 2026.

How is CNA Financial valued vs its peers?

Priced lower than most peers relative to what it earns. Valuation scores 67/100 against 950 banks & insurance peers. Earnings yield 9.7% vs a peer median of 7.9% (stronger than 68% of peers).Earnings yield 9.7% vs peers 7.9% (stronger than 68% of peers).

Is CNA Financial growing?

Yes, faster than most of its peers. Growth scores 78/100 against 950 banks & insurance peers. Earnings per share growth 41.1% vs a peer median of 16.0% (stronger than 78% of peers).Earnings per share growth 41.1% vs peers 16.0% (stronger than 78% of peers).

How profitable is CNA Financial?

More profitable than most of its peers. Profitability scores 63/100 against 950 banks & insurance peers. Return on assets 1.8% vs a peer median of 1.2% (stronger than 73% of peers).Return on assets 1.8% vs peers 1.2% (stronger than 73% of peers).

How risky is CNA Financial?

Not rated for banks and insurers: debt and share-price swings say little about their risk.

Previous quarter

Latest quarter

Change

Revenue (12 months)

15.0B USD

15.2B USD

+0.7%

Net income (12 months)

1.2B USD

1.2B USD

+1.8%

Free cash flow (12 months)

2.2B USD

2.3B USD

+4.2%

Debt

3.0B USD

3.0B USD

+0.0%

Cash

522.0M USD

339.0M USD

−35.1%

Shares outstanding

270.5M

270.6M

+0.0%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Net margin

9.9%

5.7%

9.1%

6.7%

8.5%

▲ 1.8 pts

Return on assets (ROA)

1.8%

1.1%

1.9%

1.4%

1.8%

▲ 0.4 pts

Return on equity (ROE)

10.7%

8.0%

12.2%

9.1%

11.0%

▲ 1.9 pts

Debt to equity

0.25×

0.35×

0.36×

0.28×

0.26×

▼ 9.6%