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
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CNA Financial Corporation (CNA) 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 | Free account |
Against its own ten years
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
More on CNA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement