Latest revenue
$374.0M
as of 2026-03-31
Latest net income
$211.0M
as of 2026-03-31
Net margin
56.4%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $11.92B
- Enterprise value
- $11.92B
- P/E (trailing)
- 9.3×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 8.8%
- 52-wk high
- $50.72
- 52-wk low
- $42.48
- Beta
- —
- Shares out
- 270.5M
5-year trend
What this company does
ITEM 1. BUSINESS CNA Financial Corporation (CNAF) was incorporated in 1967 and is an insurance holding company. References to “CNA,” “the Company,” “we,” “our,” “us” or like terms refer to the business of CNAF and its subsidiaries. CNA's property and casualty and remaining life and group insurance operations are primarily conducted by Continental Casualty Company (CCC), The Continental Insurance Company, Western Surety Company, CNA Insurance Company Limited, Hardy Underwriting Bermuda Limited and its subsidiaries (Hardy), and CNA Insurance Company (Europe) S.A. Loews Corporation (Loews) owned approximately 92% of our outstanding common stock as of December 31, 2025. Our insurance products…
AI summary unavailable — showing raw filing excerpt
Generated from CNA's filing dated 2026-02-10
Key risks
Table of Contents ITEM 1A. RISK FACTORS Our business faces many risks and uncertainties. These risks and uncertainties could lead to events or circumstances that have a material adverse effect on our results of operations, equity, business, financial condition and insurer financial strength and corporate debt ratings. We have described below material risks that we face. There may be additional risks that we do not yet know of or that we do not currently perceive to be material that may also affect our business. You should carefully consider and evaluate all of the information included in this report and any subsequent reports we may file with the SEC or make available to the public before…
AI summary unavailable — showing raw filing excerpt
Generated from CNA's filing dated 2026-02-10
Profitability
Net margin
8.5%
26.9%Return on equity
11.0%
20.6%Return on assets
1.8%
27.6%Leverage
Debt / equity
4.98×
6.6%Long-term debt / equity
0.26×
9.6%Debt / assets
83.3%
1.1%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $374.0M | -5.8% | $211.0M | -23.0% | 56.4% |
Q4 2025 2025-12-31 | $13.80B | +5.7% | $302.0M | +1338.1% | 2.2% |
Q3 2025 2025-09-30 | $393.0M | -2.0% | $403.0M | +42.4% | 102.5% |
Q2 2025 2025-06-30 | $398.0M | -1.5% | $299.0M | -5.7% | 75.1% |
Q1 2025 2025-03-31 | $397.0M | -2.5% | $274.0M | -18.9% | 69.0% |
Q4 2024 2024-12-31 | $13.06B | — | $21.0M | — | 0.2% |
Q3 2024 2024-09-30 | $401.0M | -1.5% | $283.0M | +9.7% | 70.6% |
Q2 2024 2024-06-30 | $404.0M | -0.7% | $317.0M | +12.0% | 78.5% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Fire, Marine & Casualty Insurance · SIC 6331
Your notes
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Insider activity
Insider buying
$0
Insider selling
$3.4M
Net activity
−$3.4M
Distinct insiders
3
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns CNA
Institutional value
$424.2M
Total shares held
9.6M
Distinct holders
188
-102 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | FIRST TRUST ADVISORS LP | 2.1M | $96.5M | +540.4K (+34.6%) | Added |
| 2 | BlackRock, Inc. | 1.8M | $81.9M | +148.1K (+9.1%) | Added |
| 3 | River Road Asset Management, LLC | 848.2K | $38.9M | +4.5K (+0.5%) | Added |
| 4 | CORDA Investment Management, LLC. | 730.2K | $33.5M | +10.1K (+1.4%) | Added |
| 5 | Torray Investment Partners LLC | 470.3K | $21.6M | -23.1K (-4.7%) | Trimmed |
| 6 | UBS Group AG | 313.2K | $14.4M | -554.6K (-63.9%) | Trimmed |
| 7 | VANGUARD CAPITAL MANAGEMENT LLC | 253.7K | $11.7M | — | New |
| 8 | Creative Planning | 220.0K | $10.1M | +86.8K (+65.1%) | Added |
| 9 | Connor, Clark & Lunn Investment Management Ltd. | 173.7K | $8.0M | -16.5K (-8.7%) | Trimmed |
| 10 | Patrick Mauro Investment Advisor, INC. | 161.5K | $7.4M | -5.6K (-3.3%) | Trimmed |
| 11 | VANGUARD FIDUCIARY TRUST CO | 116.3K | $5.3M | — | New |
| 12 | Russell Investments Group, Ltd. | 115.6K | $5.3M | -655 (-0.6%) | Trimmed |
| 13 | Voya Investment Management LLC | 108.5K | $5.0M | +9.5K (+9.7%) | Added |
| 14 | VANGUARD PORTFOLIO MANAGEMENT LLC | 107.5K | $4.9M | — | New |
| 15 | Invesco Ltd. | 87.7K | $4.0M | -26.5K (-23.2%) | Trimmed |
| 16 | Bank of New York Mellon Corp | 76.6K | $3.5M | -5.5K (-6.7%) | Trimmed |
| 17 | Vest Financial, LLC | 76.0K | $3.5M | +43.0K (+130.3%) | Added |
| 18 | AGF MANAGEMENT LTD | 73.5K | $3.4M | +9.3K (+14.5%) | Added |
| 19 | HighTower Advisors, LLC | 66.2K | $3.0M | +3.5K (+5.6%) | Added |
| 20 | JPMORGAN CHASE & CO | 65.3K | $3.0M | +39.1K (+149.3%) | Added |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once CNA's latest filing finishes processing.