Wednesday 4 November 2026 Export CNA’s income statement to Excel — free account

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

Revenue growth 3 yrs

48.01 0.78 +1.65%

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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

Overview Business Profile Earnings & Analysis Segments Valuation Filings

CNA Financial Corporation (CNA) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2016: revenue by segment, and margins
Specialty	3,602	38.46%
Commercial	3,529	37.68%
Life and Group Non-Core	1,301	13.89%
International	857	9.15%
Other, not broken out	49	0.52%
Corporate & Other	28	0.30%
Gross margin		43.59%
Operating margin		13.84%
Pre-tax margin		12.14%

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2011
Specialty	1,577 100.00%	1,609 100.00%	1,624 100.00%	1,574 100.00%	1,430 100.00%	1,252 100.00%	1,161 100.00%	1,007 100.00%	390 100.00%	3,602 38.46%	—
Commercial	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	3,529 37.68%	—
Corporate & Other	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	28 0.30%	33 0.37%
International	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	857 9.15%	—
Life & Group	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	—	—	—
Life and Group Non-Core	—	—	—	—	—	—	—	—	0 0.00%	1,301 13.89%	1,334 14.91%
CNA Commercial	—	—	—	—	—	—	—	—	—	—	4,073 45.51%
CNA Specialty	—	—	—	—	—	—	—	—	—	—	3,512 39.24%
Also reported: a second breakdown of the same revenue
Commercial Insurance	—	—	—	—	—	—	—	—	—	—	2,953 33.00%
Professional & Management Liability	—	—	—	—	—	—	—	—	—	—	2,541 28.39%
Health	—	—	—	—	—	—	—	—	—	—	1,093 12.21%
Small Business	—	—	—	—	—	—	—	—	—	—	581 6.49%
International - Commercial	—	—	—	—	—	—	—	—	—	—	539 6.02%
Surety	—	—	—	—	—	—	—	—	—	—	472 5.27%
Warranty & Alternative Risks	—	—	—	—	—	—	—	—	—	—	289 3.23%
Life & Annuity	—	—	—	—	—	—	—	—	—	—	229 2.56%
International - Specialty	—	—	—	—	—	—	—	—	—	—	210 2.35%
Other - Life & Group	—	—	—	—	—	—	—	—	—	—	12 0.13%
Intersegment Eliminations	—	—	—	—	—	—	—	—	—	—	(3) (0.03%)
Other, not broken out	—	—	—	—	—	—	—	—	—	49 0.52%	—
Revenue	1,577	1,609	1,624	1,574	1,430	1,252	1,161	1,007	390	9,366	8,949

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Net written premiums	Q3 FY2026	$2.5B	$2.4B	+2.87%
New business growth	Q2 FY2026	11.0%	8.00%	—
NWP change	Q3 FY2026	3.00%	3.00%	—
P&C renewal premium change	Q3 FY2026	3.00%	4.00%	—
Retention	Q3 FY2026	83.0%	—	—
Written rate	Q3 FY2026	2.00%	3.00%	—

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
Net written premiums	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
New business growth	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
NWP change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
P&C renewal premium change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Retention	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Written rate	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.