Cannae Holdings, Inc.

CNNE Consumer Cyclical Restaurants

Cannae Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $423.6 million, down 6.39% from fiscal 2024.

Revenue
−7.26%
EPS
+121.9%
Free cash flow
+64.8%
Total debt
+4.54%

Quarter to June 2026, against a year earlier

17.73 0.10 −0.56%
Market cap
$705.2M
P/E
0.0×
Fwd P/E
−38.1×
Dividend yield
3.38%
F-score
5/9
Altman Z
1.79
Beneish M
−3.30
Dividend safety
28/100

Insider Decisions last twelve months

Sold, $m 0.00
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — 1 — — — — — — —
Insider Ownership 24.37%

Capital & Financial Ratios $m

Size
Market Cap 705.15
Revenue ttm 408.60
Net income ttm (176.80)
Free cash flow ttm (43.40)
Net debt Q (5.90)
Valuation
P/E 0.00
Forward P/E (38.10) (negative: loss-making)
Price / sales 1.89
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.85
Financial health
Current ratio Q 1.24
Debt / equity Q 0.07 (at or below 0.5: strong)
Interest coverage Q (47.33)
Growth
Revenue growth Q −7.26% (below 0%: shrinking)
Operating income growth Q +6.73% (above 0%: growing)
EPS, this year +95.04% (at or above 15%: strong)
EPS, next year A −230.00% (below 0%: weak)
Revenue, next year A −8.17% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +29.61% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 27.96%
10-year low 10-year high
P/B against its own 10 years 55.57%
10-year low 10-year high
EV/Sales against its own 10 years 29.92%
10-year low 10-year high

Dividends

Yield
3.38%
Annual rate
0.60
Payout ratio
—
Growth, 2024–25
+50.0%/yr
  1. 0.36 ’24
  2. 0.54 ’25 +50
  3. 0.60 ’26e +11
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 122 138 182 70
Receivables 26 36 61 47
Inventory — — — —
Other — — — 37
177 197 268 191
2023 2024 2025 Q'26
Payables 74 55 92 88
ST’ Debt — — — —
Other — — — 26
108 147 130 154

Compound Annual Growth %

10y 5y 3y
Sales (11.36%) (6.27%) (13.83%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% (23.51%) (28.54%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.70) 0.86 — — —
’25 (1.81) (3.93) (1.25) (1.93) (9.08)
’24 (1.27) (2.49) (0.22) (0.74) (4.73)
’23 (0.05) (1.16) (2.18) (0.83) (4.18)
’22 (2.88) (3.15) 0.69 0.35 (5.25)
’21 (2.55) 1.94 (1.36) (1.24) (3.19)
’20 8.17 5.87 1.44 5.80 20.79
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 96 102 — — —
’25 103 110 107 103 424
’24 111 118 114 110 453
’23 154 153 144 119 570
’22 167 175 165 156 662
’21 172 202 186 182 742
’20 173 103 140 170 586
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (21) (5) — — —
’25 9 (22) (22) 16 (18)
’24 (36) (10) (32) (12) (90)
’23 (20) (15) (20) (33) (88)
’22 (38) (94) (54) (18) (205)
’21 6 (73) (74) (34) (176)
’20 (34) (47) (110) 77 (114)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (23) (8) — — —
’25 9 (24) (24) 12 (27)
’24 (36) (9) (30) (14) (90)
’23 (22) (17) (22) (29) (90)
’22 (42) (98) (55) (15) (210)
’21 10 (71) (77) (40) (179)
’20 (48) (50) (112) 55 (154)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 1,178 1,157 1,148 1,070 586 742 662 570 453 424 409 (10.7%) 389 392 — (3.8%)
Gross margin, % 16.49 14.32 13.61 14.69 10.48 16.81 13.70 16.68 17.97 15.49 15.47 (1.0) pt
EBT 5 (74) 23 238 2,182 (433) (336) (200) (252) (190) (39) n/m
EBT margin, % 0.44 (6.42) 1.97 22.23 372.53 (58.34) (50.69) (35.16) (55.60) (44.97) (9.67) (45.4) pt
Net income (12) 93 (11) 47 1,760 (286) (430) (324) (310) (525) (177) +52.3%
Per share, $
Per share, $ Revenue 16.69 16.38 16.12 14.82 6.83 8.24 8.11 7.77 7.03 7.50 9.39 (8.5%)
Earnings (0.18) 1.54 0.39 1.07 20.84 (3.19) (5.25) (4.18) (4.73) (9.08) (3.02) +54.6%
Cash flow 0.85 (1.28) (0.32) (1.17) (1.33) (1.95) (2.51) (1.20) (1.40) (0.32) (0.74) n/m
Capex (0.78) (0.57) (0.15) (0.49) (0.47) (0.04) (0.06) (0.04) 0.00 (0.15) (0.26) (16.5%)
Free cash flow 0.07 (1.85) (0.48) (1.65) (1.80) (1.99) (2.58) (1.23) (1.40) (0.47) (1.00) n/m
Book value 14.30 16.33 16.85 21.19 44.17 37.08 33.27 31.46 28.19 17.54 20.96 +2.3%
Shares, m 71 71 71 72 86 90 82 73 64 57 50 (2.4%)
Valuation, ×
Valuation, × P/E 11.15 9.98 42.80 28.17 2.08 0.00 0.00 0.00 0.00 0.00 0.00 9.4
P/S 1.09 1.02 1.06 2.51 6.48 4.27 2.54 2.54 2.83 2.10 1.89 2.6
P/B 0.24 1.04 1.02 1.76 1.00 0.95 0.62 0.63 0.70 0.91 0.85 0.9
EV/Sales 0.31 0.81 0.80 2.12 5.27 4.17 2.25 2.51 2.79 1.82 1.87 2.3
EV/FCF 1.72 (6.94) (26.12) (16.68) (15.53) (12.57) (5.38) (9.09) (8.02) (8.23) (6.94) (10.7)
Cash, $m
Cash, $m Operating cash flow 60 (91) (23) (84) (114) (176) (205) (88) (90) (18) (32) n/m
Capex (55) (40) (11) (35) (40) (3) (5) (3) 0 (9) (11) (18.6%)
Free cash flow 5 (131) (34) (119) (154) (179) (210) (90) (90) (27) (43) n/m
Balance, $m
Balance, $m Working capital 113 100 292 432 642 (58) 188 70 50 139 38 +2.3%
Net debt (100) (251) (305) (414) (708) (72) (187) (19) (18) (117) (6) +1.8%
Shareholders’ equity 1,010 1,153 1,200 1,530 3,785 3,341 2,715 2,309 1,815 991 912 (0.2%)
Returns, %
Returns, % ROA (1.68) 7.35 1.87 4.35 53.27 (6.75) (12.21) (10.78) (12.39) (28.92) (10.25) (27.2) pt
ROIC (0.15) (5.37) (10.18) (6.58) (3.83) (2.55) (3.58) (3.25) (3.61) (8.56) (8.02) (8.4) pt
ROE (0.40) 10.06 2.35 5.66 67.21 (8.05) (14.14) (12.48) (14.77) (36.58) (13.75) (36.2) pt
People
People Employees — 27,385 26,413 22,482 14,509 12,938 11,988 7,741 7,317 6,602 — (16.3%)
Revenue/emp, $m 0.00 0.04 0.04 0.05 0.04 0.06 0.06 0.07 0.06 0.06 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Cannae Holdings, Inc. vs peers in Restaurants (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BLMN Bloomin' Brands, Inc. $896.5M 11.7× 11.5× +1.67% (above 0%: growing) n/m +218.52% (above 0%: growing) 0.00% 1.97% Compare
FWRG First Watch Restaurant Group, Inc. $809.9M 39.0× 138× +10.71% (above 0%: growing) +55.20% (above 0%: growing) +2.94% (above 0%: growing) 21.13% 3.16% Compare
CNNE Cannae Holdings, Inc. $705.2M — (loss-making) — (loss-making) −7.26% (below 0%: shrinking) n/m +64.83% (above 0%: growing) 16.54% (55.58%)
PZZA Papa John's International, Inc. $654.8M 25.5× 22.4× −10.49% (below 0%: shrinking) −29.07% (below 0%: shrinking) +14.97% (above 0%: growing) 27.76% 3.13% Compare
HDL Super Hi International Holding Ltd. Unsponsored ADR $597.8M 39.4× — +9.99% (above 0%: growing) n/m +43.42% (above 0%: growing) 65.85% 5.26% Compare
PTLO Portillo's Inc. $533.1M 28.9× 31.0× +6.97% (above 0%: growing) +200.00% (above 0%: growing) +438.83% (above 0%: growing) 65.56% 6.07% Compare
BRCB Black Rock Coffee Bar, Inc. $529.3M — (loss-making) 53.2× +25.01% (above 0%: growing) — −27.71% (below 0%: shrinking) 73.07% 6.51% Compare
LOCO El Pollo Loco Holdings, Inc. $500.9M 12.8× 13.7× +3.94% (above 0%: growing) −8.00% (below 0%: shrinking) −94.89% (below 0%: shrinking) 0.00% 8.05% Compare
BH.A Biglari Holdings Inc. $491.2M — (loss-making) — (loss-making) −1.19% (below 0%: shrinking) −18.71% (below 0%: shrinking) −73.82% (below 0%: shrinking) 30.05% 0.00% Compare
Median of peers $565.5M 27.2× 26.7× +5.46% −8.00% +8.96% 28.91% 4.21%

All 55 Restaurants stocks →

Cannae Holdings, Inc. (CNNE) Latest News

22 Sep

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stockrow.com/CNNE · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com