CNO Financial Statements From 2010 to 2024

CNO Stock  USD 40.16  0.34  0.84%   
CNO Financial financial statements provide useful quarterly and yearly information to potential CNO Financial Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on CNO Financial financial statements helps investors assess CNO Financial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting CNO Financial's valuation are summarized below:
Gross Profit
1.9 B
Profit Margin
0.0606
Market Capitalization
4.1 B
Enterprise Value Revenue
1.6199
Revenue
4.5 B
We have found one hundred twenty available fundamental signals for CNO Financial Group, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate CNO Financial's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself for few more years. As of the 28th of November 2024, Market Cap is likely to drop to about 2.7 B

CNO Financial Total Revenue

3.46 Billion

Check CNO Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CNO Financial's main balance sheet or income statement drivers, such as Interest Expense of 250.5 M, Total Revenue of 3.5 B or Gross Profit of 3.4 B, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0138 or PTB Ratio of 1.5. CNO financial statements analysis is a perfect complement when working with CNO Financial Valuation or Volatility modules.
  
Check out the analysis of CNO Financial Correlation against competitors.

CNO Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets28.2 B31.3 B34.5 B
Slightly volatile
Total Stockholder Equity4.2 B2.2 B4.3 B
Slightly volatile
Other Liabilities31.4 B29.9 B18.4 B
Slightly volatile
Accounts Payable585.6 M410.9 M580.6 M
Slightly volatile
Cash475.4 M774.5 M350 M
Pretty Stable
Long Term Debt3.2 B4.2 B4.1 B
Slightly volatile
Common Stock Shares Outstanding190.1 M115.1 M180.1 M
Slightly volatile
Short Term Investments183.6 M193.3 M16.2 B
Very volatile
Liabilities And Stockholders Equity28.2 B31.3 B34.5 B
Slightly volatile
Other Stockholder Equity2.7 B1.9 B3.2 B
Slightly volatile
Total Liabilities22.7 B32.9 B25.2 B
Slightly volatile
Intangible Assets1.3 B2.1 B1.6 B
Pretty Stable
Common Stock940.5 K990 K195.6 M
Slightly volatile
Short and Long Term Debt Total7.6 B4.2 B9.7 B
Pretty Stable
Non Current Assets Total31.4 B29.9 B14.9 B
Slightly volatile
Cash And Short Term Investments735.8 M774.5 M16.4 B
Very volatile
Net Receivables3.7 BBB
Slightly volatile
Common Stock Total Equity940.5 K990 K234.6 M
Slightly volatile
Non Current Liabilities Total34.7 B33 B7.1 B
Slightly volatile
Total Current Assets1.3 B1.3 B7.9 B
Slightly volatile
Total Current Liabilities12.3 M13 M15 B
Slightly volatile
Short Term Debt973.7 MB8.1 B
Slightly volatile
Net Tangible Assets1.2 B1.3 BB
Slightly volatile
Long Term Debt TotalB4.5 B2.9 B
Slightly volatile
Capital Surpluse2.6 B1.8 B3.2 B
Slightly volatile
Long Term Investments20.5 B22.6 B25.3 B
Slightly volatile
Non Current Liabilities Other28.8 B33.5 B26.8 B
Slightly volatile
Cash And Equivalents802.3 M741.6 M710.6 M
Slightly volatile
Net Invested Capital6.3 B6.4 B8.2 B
Slightly volatile
Capital StockM990 K1.4 M
Slightly volatile

CNO Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue3.5 B4.1 B4.1 B
Slightly volatile
Gross Profit3.4 B3.1 B4.1 B
Slightly volatile
Other Operating Expenses995.9 MB3.6 B
Slightly volatile
Cost Of Revenue896.3 M943.5 M2.5 B
Slightly volatile
Minority Interest160.6 M199.2 M172.2 M
Slightly volatile
Depreciation And Amortization252.5 M267.4 M249.4 M
Slightly volatile
Interest Income134.5 M157.6 M116.3 M
Slightly volatile
Non Operating Income Net Other32.2 M57.8 M30 M
Slightly volatile
Reconciled Depreciation326.7 M359.1 M284.2 M
Slightly volatile

CNO Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Cash From Operating Activities633.9 M582.9 M642.3 M
Slightly volatile
End Period Cash Flow653.9 M889 M803.2 M
Slightly volatile
Free Cash Flow599.5 M582.9 M646 M
Slightly volatile
Begin Period Cash Flow656.2 M644.9 M794.1 M
Slightly volatile
Depreciation301.6 M267.4 M341.1 M
Slightly volatile
Cash Flows Other Operating1.5 B1.7 B1.4 B
Slightly volatile
Issuance Of Capital Stock15.6 M18 M8.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.50.76210.7093
Pretty Stable
Dividend Yield0.01380.02150.0182
Pretty Stable
PTB Ratio1.51.42640.8394
Slightly volatile
Days Sales Outstanding374356371
Slightly volatile
Free Cash Flow Yield0.180.18440.2386
Slightly volatile
Operating Cash Flow Per Share5.495.14594.367
Very volatile
Stock Based Compensation To Revenue0.0040.00620.0048
Slightly volatile
PB Ratio1.51.42640.8394
Slightly volatile
EV To Sales0.941.57631.5039
Slightly volatile
Free Cash Flow Per Share5.495.14594.367
Very volatile
Sales General And Administrative To Revenue0.04340.07020.0557
Slightly volatile
Cash Per Share8.128.543899.8277
Pretty Stable
POCF Ratio3.975.42186.3164
Very volatile
PFCF Ratio3.975.42186.3164
Very volatile
EV To Operating Cash Flow8.011.213713.2974
Very volatile
EV To Free Cash Flow8.011.213713.2974
Very volatile
Intangibles To Total Assets0.03560.0680.0467
Very volatile
Net Debt To EBITDA3.392.485.3699
Very volatile
Current Ratio97.47103451
Slightly volatile
Receivables Turnover1.011.061.1929
Slightly volatile
Graham Number49.9232.775637.9927
Very volatile
Shareholders Equity Per Share19.4419.559525.756
Pretty Stable
Revenue Per Share32.2536.608327.2529
Pretty Stable
Interest Debt Per Share40.6938.748224.1245
Slightly volatile
Debt To Assets0.0730.13280.1065
Slightly volatile
Short Term Coverage Ratios0.680.710.8352
Slightly volatile
Price Book Value Ratio1.51.42640.8394
Slightly volatile
Price To Operating Cash Flows Ratio3.975.42186.3164
Very volatile
Price To Free Cash Flows Ratio3.975.42186.3164
Very volatile
Ebt Per Ebit0.820.860.8278
Pretty Stable
Company Equity Multiplier14.8214.10959.6333
Slightly volatile
Quick Ratio97.47103471
Slightly volatile
Dividend Paid And Capex Coverage Ratio8.138.559515.7637
Slightly volatile
Net Income Per E B T0.810.77490.9751
Slightly volatile
Cash Ratio62.5659.57699.5702
Slightly volatile
Operating Cash Flow Sales Ratio0.20.14060.1605
Pretty Stable
Days Of Sales Outstanding374356371
Slightly volatile
Cash Flow Coverage Ratios0.130.14040.2741
Slightly volatile
Price To Book Ratio1.51.42640.8394
Slightly volatile
Price Cash Flow Ratio3.975.42186.3164
Very volatile
Debt Ratio0.0730.13280.1065
Slightly volatile
Cash Flow To Debt Ratio0.130.14040.2741
Slightly volatile
Price Sales Ratio0.50.76210.7093
Pretty Stable
Asset Turnover0.10.13270.1202
Pretty Stable
Gross Profit Margin0.60.670.7322
Slightly volatile
Price Fair Value1.51.42640.8394
Slightly volatile

CNO Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.7 BB3.4 B
Pretty Stable
Enterprise Value2.1 B2.3 B2.6 B
Slightly volatile

CNO Fundamental Market Drivers

Forward Price Earnings10.661
Cash And Short Term Investments774.5 M

CNO Upcoming Events

6th of February 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About CNO Financial Financial Statements

CNO Financial investors utilize fundamental indicators, such as revenue or net income, to predict how CNO Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue4.1 B3.5 B
Cost Of Revenue943.5 M896.3 M
Sales General And Administrative To Revenue 0.07  0.04 
Revenue Per Share 36.61  32.25 
Ebit Per Revenue 0.17  0.18 

Pair Trading with CNO Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CNO Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CNO Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with CNO Stock

  0.88FG FG Annuities LifePairCorr
  0.76GL Globe LifePairCorr

Moving against CNO Stock

  0.75ABL Abacus LifePairCorr
  0.64MET-PE MetLife Preferred StockPairCorr
  0.59MET-PF MetLife Preferred StockPairCorr
  0.55FLFG Federal Life GroupPairCorr
The ability to find closely correlated positions to CNO Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CNO Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CNO Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CNO Financial Group to buy it.
The correlation of CNO Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CNO Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CNO Financial Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CNO Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CNO Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CNO Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cno Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cno Financial Group Stock:
Check out the analysis of CNO Financial Correlation against competitors.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CNO Financial. If investors know CNO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CNO Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Dividend Share
0.62
Earnings Share
2.5
Revenue Per Share
41.744
Quarterly Revenue Growth
0.192
The market value of CNO Financial Group is measured differently than its book value, which is the value of CNO that is recorded on the company's balance sheet. Investors also form their own opinion of CNO Financial's value that differs from its market value or its book value, called intrinsic value, which is CNO Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CNO Financial's market value can be influenced by many factors that don't directly affect CNO Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CNO Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNO Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNO Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.