CNA Financial Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	10,900	10,211	9,480	8,667	8,175
Total Interest & Dividend Income	2,281	2,226	2,090	1,817	1,797
Gain (Loss) on Sale of Investments	-81	-81	-99	-199	120
Other Revenue	1,889	1,914	1,828	1,594	1,816
Total Revenue	14,989	14,270	13,299	11,879	11,908
Revenue Growth (YoY)	5.04%	7.30%	11.95%	-0.24%	10.18%
Policy Benefits	8,294	7,738	7,068	6,653	6,371
Policy Acquisition & Underwriting Costs	1,898	1,798	1,644	1,490	1,443
Other Operating Expenses	3,042	3,390	2,942	2,810	2,519
Total Operating Expenses	13,234	12,926	11,654	10,953	10,333
Operating Income	1,755	1,344	1,645	926	1,575
Interest Expense	-135	-133	-127	-112	-113
Pretax Income	1,620	1,211	1,518	814	1,462
Income Tax Expense	342	252	313	132	278
Net Income	1,278	959	1,205	682	1,184
Net Income to Common	1,278	959	1,205	682	1,184
Net Income Growth	33.26%	-20.41%	76.69%	-42.40%	71.59%
Shares Outstanding (Basic)	271	272	271	272	272
Shares Outstanding (Diluted)	272	273	272	273	273
Shares Change (YoY)	-0.11%	0.18%	-0.11%	-0.11%	0.15%
EPS (Basic)	4.71	3.53	4.44	2.51	4.36
EPS (Diluted)	4.69	3.52	4.43	2.51	4.34
EPS Growth	33.24%	-20.54%	76.49%	-42.17%	71.54%
Free Cash Flow	2,404	2,476	2,195	2,450	1,971
Free Cash Flow Per Share	8.82	9.08	8.06	8.99	7.22
Dividend Per Share	1.840	1.760	1.680	1.600	1.520
Dividend Growth	4.54%	4.76%	5.00%	5.26%	2.70%
Operating Margin	11.71%	9.42%	12.37%	7.80%	13.23%
Profit Margin	8.53%	6.72%	9.06%	5.74%	9.94%
Free Cash Flow Margin	16.04%	17.35%	16.50%	20.63%	16.55%
EBITDA	1,825	1,411	1,718	977	1,629
EBITDA Margin	12.18%	9.89%	12.92%	8.22%	13.68%
D&A For EBITDA	70	67	73	51	54
EBIT	1,755	1,344	1,645	926	1,575
EBIT Margin	11.71%	9.42%	12.37%	7.80%	13.23%
Effective Tax Rate	21.11%	20.81%	20.62%	16.22%	19.02%
Revenue as Reported	14,989	14,270	13,299	11,879	11,908

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

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