CNA Financial Corporation (CNA) vs Markel Group Inc. (MKL)

CNA Financial Corporation and Markel Group Inc. are both Insurance Property & Casualty companies. Markel Group Inc. is the larger, with a market value of $23.9B against $13.0B — 1.8× the size. CNA Financial Corporation trades at the lower P/E: 12.6× against 13.8×. CNA Financial Corporation grew revenue faster over the last twelve months: 2.05% against −0.64%. Markel Group Inc. has the higher net margin (11.1% vs 6.80%) and the higher return on invested capital (8.25% vs 6.92%). Across the 20 metrics below, Markel Group Inc. leads on 11 and CNA Financial Corporation on 9.

Valuation

Metric CNA MKL Insurance Property & Casualty median
P/E 12.65 13.79 12.17
P/S 0.86 1.50 1.26
P/B 1.27 1.31 1.85
Price to free cash flow 5.91 13.42 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.91% 7.25% 8.20%
Free cash flow yield 16.91% 7.45% 11.86%

Profitability

Metric CNA MKL Insurance Property & Casualty median
Gross margin 41.66% 50.23% 37.39%
Operating margin 9.38% 15.31% 14.67%
Net margin 6.80% 11.13% 10.16%
Free cash flow margin 14.50% 11.19% 18.60%
Return on equity 9.56% 9.81% 16.59%
Return on assets 1.50% 2.57% 3.38%
Return on invested capital 6.92% 8.25% 9.43%

Growth

Metric CNA MKL Insurance Property & Casualty median
Revenue growth (TTM) 2.05% (0.64%) 5.70%
EPS growth (last fiscal year) 33.24% (15.10%) 39.61%
Revenue growth, 5-year CAGR 6.76% 11.25% 9.23%
Net income growth, 5-year CAGR 13.12% 21.14% 10.09%

Health

Metric CNA MKL Insurance Property & Casualty median
Debt to equity 0.29 0.24 0.25
Current ratio 0.22 0.59 0.49
Net debt to EBITDA 1.57 (0.09) 0.08

Dividend

Metric CNA MKL Insurance Property & Casualty median
Dividend yield 2.96% — 1.56%
Payout ratio 0.37 — 0.15

Size

Metric CNA MKL Insurance Property & Casualty median
Market cap 13.02b 23.85b 2.64b

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