CNO Financial Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	2,604	2,559	2,506	2,500	2,523	2,511
Total Interest & Dividend Income	1,712	1,749	1,500	1,016	1,421	1,223
Gain (Loss) on Sale of Investments	-69.9	-49.9	-69	-135.4	19.1	-36.2
Other Revenue	195.9	192.1	210.6	196.5	159	123.5
Total Revenue	4,442	4,450	4,147	3,577	4,122	3,821
Revenue Growth (YoY)	-1.80%	7.30%	15.94%	-13.23%	7.88%	-4.85%
Policy Benefits	2,370	2,370	2,276	1,460	2,114	2,158
Policy Acquisition & Underwriting Costs	271.2	251.2	227.4	212.8	198.2	-
Amortization of Goodwill & Intangibles	-	-	-	-	-	268.1
Other Operating Expenses	1,073	1,055	1,048	950.9	981.8	942
Total Operating Expenses	3,714	3,677	3,551	2,623	3,294	3,368
Operating Income	727.4	772.7	595.4	953.5	828.5	453.1
Interest Expense	-239.7	-254.4	-238.6	-137	-95.4	-108.8
EBT Excluding Unusual Items	487.7	518.3	356.8	816.5	733.1	344.3
Other Unusual Items	1.5	-	-	-	-	-
Pretax Income	392.5	518.3	356.8	816.5	733.1	344.3
Income Tax Expense	90	114.3	80.3	185.9	162.8	42.5
Net Income	302.5	404	276.5	630.6	570.3	301.8
Net Income to Common	302.5	404	276.5	630.6	570.3	301.8
Net Income Growth	10.32%	46.11%	-56.15%	10.57%	88.97%	-26.28%
Shares Outstanding (Basic)	100	106	113	116	128	142
Shares Outstanding (Diluted)	102	108	115	118	131	143
Shares Change (YoY)	-7.63%	-6.09%	-2.20%	-10.23%	-8.41%	-8.90%
EPS (Basic)	3.03	3.81	2.44	5.45	4.44	2.12
EPS (Diluted)	2.98	3.74	2.40	5.36	4.35	2.11
EPS Growth	20.08%	55.83%	-55.22%	23.22%	106.16%	-19.16%
Dividend Per Share	0.660	0.630	0.590	0.550	0.510	0.470
Dividend Growth	6.45%	6.78%	7.27%	7.84%	8.51%	9.30%
Operating Margin	16.38%	17.37%	14.36%	26.66%	20.10%	11.86%
Profit Margin	6.81%	9.08%	6.67%	17.63%	13.84%	7.90%
EBITDA	1,040	1,065	862.8	1,202	1,065	757
EBITDA Margin	23.42%	23.94%	20.81%	33.61%	25.84%	19.81%
D&A For EBITDA	312.8	292.4	267.4	248.5	236.6	303.9
EBIT	727.4	772.7	595.4	953.5	828.5	453.1
EBIT Margin	16.38%	17.37%	14.36%	26.66%	20.10%	11.86%
Effective Tax Rate	22.93%	22.05%	22.51%	22.77%	22.21%	12.34%
Revenue as Reported	4,442	4,450	4,147	3,577	4,122	3,821

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.