CNA Financial Corporation (CNA)

Altus Power Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	10,396	10,211	9,480	8,667	8,175	7,649
Total Interest & Dividend Income	2,219	2,226	2,090	1,817	1,797	1,814
Gain (Loss) on Sale of Investments	-68	-81	-99	-199	120	-54
Other Revenue	1,906	1,914	1,828	1,594	1,816	1,399
Total Revenue	14,453	14,270	13,299	11,879	11,908	10,808
Revenue Growth (YoY)	6.34%	7.30%	11.95%	-0.24%	10.18%	0.38%
Policy Benefits	7,958	7,738	7,068	6,653	6,371	6,170
Policy Acquisition & Underwriting Costs	1,825	1,798	1,644	1,490	1,443	1,410
Other Operating Expenses	3,407	3,390	2,942	2,810	2,519	2,285
Total Operating Expenses	13,190	12,926	11,654	10,953	10,333	9,865
Operating Income	1,263	1,344	1,645	926	1,575	943
Interest Expense	-130	-133	-127	-112	-113	-122
EBT Excluding Unusual Items	1,133	1,211	1,518	814	1,462	821
Pretax Income	1,133	1,211	1,518	814	1,462	821
Income Tax Expense	238	252	313	132	278	131
Earnings From Continuing Ops.	895	959	1,205	682	1,184	690
Net Income	895	959	1,205	682	1,184	690
Net Income to Common	895	959	1,205	682	1,184	690
Net Income Growth	-28.17%	-20.41%	76.69%	-42.40%	71.59%	-31.00%
Shares Outstanding (Basic)	271	272	271	272	272	272
Shares Outstanding (Diluted)	273	273	272	273	273	272
Shares Change (YoY)	0.14%	0.18%	-0.11%	-0.11%	0.15%	-0.04%
EPS (Basic)	3.30	3.53	4.44	2.51	4.36	2.54
EPS (Diluted)	3.28	3.52	4.43	2.51	4.34	2.53
EPS Growth	-28.39%	-20.54%	76.49%	-42.17%	71.54%	-31.06%
Free Cash Flow	2,612	2,476	2,195	2,450	1,971	1,752
Free Cash Flow Per Share	9.58	9.08	8.06	8.99	7.22	6.43
Dividend Per Share	1.780	1.760	1.680	1.600	1.520	1.480
Dividend Growth	4.71%	4.76%	5.00%	5.26%	2.70%	5.71%
Operating Margin	8.74%	9.42%	12.37%	7.80%	13.23%	8.72%
Profit Margin	6.19%	6.72%	9.06%	5.74%	9.94%	6.38%
Free Cash Flow Margin	18.07%	17.35%	16.50%	20.63%	16.55%	16.21%
EBITDA	1,331	1,411	1,718	977	1,629	1,003
EBITDA Margin	9.21%	9.89%	12.92%	8.22%	13.68%	9.28%
D&A For EBITDA	68	67	73	51	54	60
EBIT	1,263	1,344	1,645	926	1,575	943
EBIT Margin	8.74%	9.42%	12.37%	7.80%	13.23%	8.72%
Effective Tax Rate	21.01%	20.81%	20.62%	16.22%	19.02%	15.96%
Revenue as Reported	14,453	14,270	13,299	11,879	11,908	10,808

Updated Feb 11, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q