CNA Financial Corporation

CNA Financial Insurance Property & Casualty

CNA Financial Corporation’s revenue for fiscal 2025 (year ended December 2025) was $15.0 billion, up 5.04% from fiscal 2024.

Revenue
+0.10%
EPS
−51.4%
Free cash flow
−9.94%
Total debt
−14.3%

Quarter to September 2026, against a year earlier

48.01 0.78 +1.65%
Market cap
$12.8B
P/E
12.4×
Fwd P/E
11.8×
Dividend yield
3.01%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

CNA Financial Corporation (CNA) Gross margin

Alert me on Gross margin

CNA Financial Corporation's gross margin over the twelve months to 30 September 2026 was 41.7%, down 3.0 percentage points from fiscal 2025 (44.7%). Over the past ten years it has ranged from 40.8% (fiscal 2015) to 46.9% (fiscal 2023); the current reading is higher than 55% of that period. That is in line with the Insurance Property & Casualty industry median of 41.7% and below the Financial sector median of 70.2%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 44.7% (1.10)
FY2024 45.8% (1.08)
FY2023 46.9% 2.86
FY2022 44.0% (2.51)
FY2021 46.5% 3.59
FY2020 42.9% (3.17)
FY2019 46.1% 1.06
FY2018 45.0% 0.67
FY2017 44.4% 0.76
FY2016 43.6% 2.75

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 38.6% (4.77)
Jun 2026 43.4% 2.50
Mar 2026 40.9% (2.98)
Dec 2025 43.8% (2.93)
43 more quarters

Against its own ten years

Low 40.8% High 46.9%
Ten-year median 44.7%
Current reading's percentile 9

Gross margin against peers

Company Gross margin
AIZ Assurant, Inc. compare 78.1%
L Loews Corporation compare 52.9%
MKL Markel Group Inc. compare 50.2%
THG The Hanover Insurance Group, Inc. compare 44.4%
CNA CNA Financial Corporation 41.7%
KNSL Kinsale Capital Group, Inc. compare 34.5%
RLI RLI Corp. compare 33.5%
AFG American Financial Group, Inc. compare 22.3%
ORI Old Republic International Corporation compare 14.9%
Insurance Property & Casualty industry median 41.7%
Financial sector median 70.2%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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