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CNA FINANCIAL CORP CNA

NYSE · stock · Fire, Marine & Casualty Insurance · website · IPO 1981-05-22 · LEI

CNA FINANCIAL CORP statistics & valuation

Market cap$13.1B
P / E10.2×
P / S0.9×
P / B1.1×
P / FCF5.4×
Dividend yield8.00%
Net margin8.5%
Return on equity11.0%
FCF margin16.0%
Net debt$3.0B
Enterprise value USD$16.1B
Graham number +32.4%$67.10

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($67.10); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
9.20% 9.40% 8.00% 9.30% 6.40% 9.90% 5.70% 9.10% 6.70% 8.50% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
7.20% 7.30% 7.20% 8.20% 5.40% 10.70% 8.00% 12.20% 9.10% 11.00% 2016201720182019202020212022202320242025
Shares outstanding
271.1M 272.1M 272.5M 272.5M 272.4M 272.8M 272.5M 272.2M 272.7M 272.4M 2016201720182019202020212022202320242025
Net debt ($)
$2.71B $2.86B $2.68B $2.68B $2.78B $2.78B $2.78B $3.03B $2.97B $2.97B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.60% 1.60% 1.40% 1.60% 1.10% 1.80% 1.10% 1.90% 1.40% 1.80% 2016201720182019202020212022202320242025
Free cash flow margin (%)
13.60% 12.10% 11.10% 10.30% 16.20% 16.60% 20.60% 16.50% 17.40% 16.00% 2016201720182019202020212022202320242025
Debt / equity (×)
0.23× 0.23× 0.24× 0.22× 0.22× 0.25× 0.33× 0.31× 0.28× 0.26× 2016201720182019202020212022202320242025
EPS ($)
$3.17 $3.30 $2.98 $3.67 $2.53 $4.34 $2.51 $4.43 $3.52 $4.69 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

CNA FINANCIAL CORP trades at about 10.8× earnings — below its 10-year norm (10-year range 9.9×–17.4×, median 13.9×).

9.9× 17.4×

Shaded band = 10-year range (9.9×–17.4×); dot = today's 10.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin8.5%6.7%9.1%5.7%9.9%6.4%9.3%8.0%9.4%9.2%
FCF margin16.0%17.4%16.5%20.6%16.6%16.2%10.3%11.1%12.1%13.6%
Return on assets1.8%1.4%1.9%1.1%1.8%1.1%1.6%1.4%1.6%1.6%
Return on equity11.0%9.1%12.2%8.0%10.7%5.4%8.2%7.2%7.3%7.2%
Debt / equity0.26×0.28×0.31×0.33×0.25×0.22×0.22×0.24×0.23×0.23×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.