CNO · Cno Financial Group, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $4.49B | $4.45B | $4.15B | $3.58B | $4.12B | $3.82B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $318.50M | $292.40M | $267.40M | $345.30M | $319.50M | $303.90M |
| Operating Income | $553.20M | $550.80M | $459.50M | $357.10M | $470.60M | $463.80M |
| Interest Expense | $230.90M | $254.40M | $238.60M | $137.00M | $95.40M | $108.80M |
| Income Tax | $64.10M | $114.30M | $80.30M | $120.50M | $126.70M | $42.50M |
| Net Income | $229.30M | $404.00M | $276.50M | $396.80M | $441.00M | $301.80M |
| EPS - Basic | $2.35 | $3.81 | $2.44 | $3.43 | $3.43 | $2.12 |
| EPS - Diluted | $2.30 | $3.74 | $2.40 | $3.37 | $3.36 | $2.11 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $983.50M | $2.00B | $889.00M | $644.90M | $731.70M | $991.90M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $38.79B | $37.85B | $35.10B | $33.34B | $36.20B | $35.34B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $36.15B | $35.35B | $32.89B | $31.94B | $30.94B | $29.86B |
| Stockholders' Equity | $2.64B | $2.50B | $2.22B | $1.40B | $5.26B | $5.48B |
| Retained Earnings | $2.42B | $2.24B | $1.90B | $1.46B | $1.13B | $752.30M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $675.70M | $627.70M | $582.90M | $495.40M | $598.30M | $735.50M |
| Investing Cash Flow | ($1.67B) | ($1.49B) | ($872.30M) | ($1.78B) | ($1.53B) | ($608.40M) |
| Financing Cash Flow | ($22.60M) | $1.97B | $533.50M | $1.20B | $667.60M | $210.10M |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 12.3% | 12.4% | 11.1% | 10.0% | 11.4% | 12.1% |
| EBITDA margin | 19.4% | 19.0% | 17.5% | 19.6% | 19.2% | 20.1% |
| Net margin | 5.1% | 9.1% | 6.7% | 11.1% | 10.7% | 7.9% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 21.8% | 22.1% | 22.5% | 23.3% | 22.3% | 12.3% |
| Return on assets | 0.6% | 1.1% | 0.8% | 1.2% | 1.2% | 0.9% |
| Return on equity | 8.7% | 16.2% | 12.5% | 28.3% | 8.4% | 5.5% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 2.4x | 2.2x | 1.9x | 2.6x | 4.9x | 4.3x |
| Equity multiplier | 14.70 | 15.15 | 15.84 | 23.80 | 6.88 | 6.44 |
| Liabilities / Assets | 0.93 | 0.93 | 0.94 | 0.96 | 0.85 | 0.84 |
| Efficiency | ||||||
| Asset turnover | 0.12 | 0.12 | 0.12 | 0.11 | 0.11 | 0.11 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 18.5x | 9.9x | 11.6x | 6.8x | 7.1x | 10.5x |
| P / B | 1.6x | 1.6x | 1.4x | 1.9x | 0.6x | 0.6x |
| P / S | 0.9x | 0.9x | 0.8x | 0.8x | 0.8x | 0.8x |
| EV / EBITDA | 3.7x | 2.4x | 3.2x | 2.9x | 3.0x | 2.9x |
| Growth | ||||||
| Revenue growth (YoY) | 0.9% | 7.3% | 15.9% | -13.2% | 7.9% | -4.8% |
| Revenue CAGR (3y) | 7.9% | 2.6% | 2.8% | -3.8% | -1.5% | -3.8% |
| Revenue CAGR (5y) | 3.3% | 2.1% | -0.8% | -3.6% | 0.7% | 0.0% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 0.4% | 19.9% | 28.7% | -24.1% | 1.5% | 2.0% |
| Net income growth (YoY) | -43.2% | 46.1% | -30.3% | -10.0% | 46.1% | -26.3% |
| EPS growth (YoY) | -38.5% | 55.8% | -28.8% | 0.3% | 59.2% | -19.2% |
| EPS CAGR (3y) | -12.0% | 3.6% | 4.4% | 8.9% | - | 27.4% |
| EPS CAGR (5y) | 1.7% | 7.5% | - | 27.0% | 10.8% | 8.7% |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 5.6% | 12.8% | 58.2% | -73.4% | -4.1% | 17.3% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Accident & Health Insurance
Comparing CNO Financial Group against the 4 most active filers in the same SIC group.
Dividends
$0.68/share trailing 12 months · +6.3% YoY
| Ex-date | Per share |
|---|---|
| Mar 10, 2026 | $0.1700 |
| Dec 10, 2025 | $0.1700 |
| Sep 10, 2025 | $0.1700 |
| Jun 10, 2025 | $0.1700 |
| Mar 10, 2025 | $0.1600 |
| Dec 10, 2024 | $0.1600 |
| Sep 10, 2024 | $0.1600 |
| Jun 10, 2024 | $0.1600 |
| Mar 7, 2024 | $0.1500 |
| Dec 7, 2023 | $0.1500 |
| Sep 7, 2023 | $0.1500 |
| Jun 8, 2023 | $0.1500 |
| Mar 9, 2023 | $0.1400 |
| Dec 8, 2022 | $0.1400 |
| Sep 8, 2022 | $0.1400 |
| Jun 9, 2022 | $0.1400 |
| Mar 9, 2022 | $0.1300 |
| Dec 9, 2021 | $0.1300 |
| Sep 9, 2021 | $0.1300 |
| Jun 9, 2021 | $0.1300 |
| Mar 9, 2021 | $0.1200 |
| Dec 9, 2020 | $0.1200 |
| Sep 9, 2020 | $0.1200 |
| Jun 9, 2020 | $0.1200 |