CNO Financial Group Inc Net Assets
CNO Financial Group Inc net assets. Based on the latest financial reports, CNO Financial Group Inc (CNO) has net assets worth $2.59 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($39.80 Billion) and total liabilities ($37.21 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore CNO Financial Group Inc equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.59 Billion |
| % of Total Assets | 6.51% |
| Annual Growth Rate | -2.0% |
| 5-Year Change | -91.81% |
| 10-Year Change | -41.2% |
| Growth Volatility | 189.39 |
Net Assets of CNO Financial Group Inc (2000–2025)
Net assets of CNO Financial Group Inc from 2000 to 2025. This chart illustrates how CNO Financial Group Inc's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of CNO Financial Group Inc to measure how much of total assets are equity-financed.
Annual Net Assets for CNO Financial Group Inc (2000–2025)
The table below shows the annual net assets of CNO Financial Group Inc from 2000 to 2025. For live market cap and overall valuation, see CNO Financial Group Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.64 Billion | +4.89% |
| 2024-12-31 | $2.52 Billion | +13.52% |
| 2023-12-31 | $2.22 Billion | +58.17% |
| 2022-12-31 | $1.40 Billion | -95.65% |
| 2021-12-31 | $32.20 Billion | +487.20% |
| 2020-12-31 | $5.48 Billion | -81.62% |
| 2019-12-31 | $29.84 Billion | +785.37% |
| 2018-12-31 | $3.37 Billion | -30.46% |
| 2017-12-31 | $4.85 Billion | +8.04% |
| 2016-12-31 | $4.49 Billion | +8.42% |
| 2015-12-31 | $4.14 Billion | -11.73% |
| 2014-12-31 | $4.69 Billion | -5.39% |
| 2013-12-31 | $4.96 Billion | -1.86% |
| 2012-12-31 | $5.05 Billion | +0.33% |
| 2011-12-31 | $5.03 Billion | +16.35% |
| 2010-12-31 | $4.33 Billion | +22.45% |
| 2009-12-31 | $3.53 Billion | +118.16% |
| 2008-12-31 | $1.62 Billion | -61.77% |
| 2007-12-31 | $4.24 Billion | -10.12% |
| 2006-12-31 | $4.71 Billion | +4.28% |
| 2005-12-31 | $4.52 Billion | +15.83% |
| 2004-12-31 | $3.90 Billion | +38.49% |
| 2003-12-31 | $2.82 Billion | +237.42% |
| 2002-12-31 | $-2.05 Billion | -143.14% |
| 2001-12-31 | $4.75 Billion | +8.65% |
| 2000-12-31 | $4.37 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CNO Financial Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 48.5% over the analyzed period, indicating profitable operations and earnings retention.
CNO Financial Group Inc Net Assets Breakdown (December 2025)
CNO Financial Group Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.42 Billion | 91.58% |
| Common Stock | $900.00K | 0.03% |
| Other Comprehensive Income | $-1.11 Billion | -42.26% |
| Other Components | $1.34 Billion | 50.65% |
| Total Equity | $2.64 Billion | 100.00% |
CNO Financial Group Inc Competitors by Market Cap
The table below lists competitors of CNO Financial Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Novanta Inc
NASDAQ:NOVT
|
$5.11 Billion |
|
Argo Investments Ltd
AU:ARG
|
$5.11 Billion |
|
Vista Oil Gas ADR
NYSE:VIST
|
$5.11 Billion |
|
COWAY Co. Ltd
KO:021240
|
$5.11 Billion |
|
Plains GP Holdings LP
NASDAQ:PAGP
|
$5.10 Billion |
|
LandMark Optoelectronics
TWO:3081
|
$5.10 Billion |
|
MINTH GRP LTD UNSP.ADR/20
F:M3I0
|
$5.10 Billion |
|
Protagonist Therapeutics Inc
NASDAQ:PTGX
|
$5.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CNO Financial Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,515,200,000 to 2,638,200,000, a change of 123,000,000 (4.9%).
- Net income of 229,300,000 contributed positively to equity growth.
- Dividend payments of 66,200,000 reduced retained earnings.
- Share repurchases of 331,400,000 reduced equity.
- New share issuances of 11,600,000 increased equity.
- Other comprehensive income increased equity by 256,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $229.30 Million | +8.69% |
| Dividends Paid | $66.20 Million | -2.51% |
| Share Repurchases | $331.40 Million | -12.56% |
| Share Issuances | $11.60 Million | +0.44% |
| Other Comprehensive Income | $256.40 Million | +9.72% |
| Other Changes | $23.30 Million | +0.88% |
| Total Change | $- | 4.89% |
Book Value vs Market Value Analysis
This analysis compares CNO Financial Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.27x to 2.05x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $43.70 | $55.45 | x |
| 2001-12-31 | $47.48 | $55.45 | x |
| 2002-12-31 | $-20.48 | $55.45 | x |
| 2003-12-31 | $28.14 | $55.45 | x |
| 2004-12-31 | $26.80 | $55.45 | x |
| 2005-12-31 | $24.43 | $55.45 | x |
| 2006-12-31 | $30.90 | $55.45 | x |
| 2007-12-31 | $24.43 | $55.45 | x |
| 2008-12-31 | $8.77 | $55.45 | x |
| 2009-12-31 | $18.27 | $55.45 | x |
| 2010-12-31 | $14.33 | $55.45 | x |
| 2011-12-31 | $16.55 | $55.45 | x |
| 2012-12-31 | $17.94 | $55.45 | x |
| 2013-12-31 | $21.29 | $55.45 | x |
| 2014-12-31 | $21.54 | $55.45 | x |
| 2015-12-31 | $21.21 | $55.45 | x |
| 2016-12-31 | $25.16 | $55.45 | x |
| 2017-12-31 | $28.16 | $55.45 | x |
| 2018-12-31 | $20.37 | $55.45 | x |
| 2019-12-31 | $189.92 | $55.45 | x |
| 2020-12-31 | $38.31 | $55.45 | x |
| 2021-12-31 | $245.59 | $55.45 | x |
| 2022-12-31 | $11.90 | $55.45 | x |
| 2023-12-31 | $19.25 | $55.45 | x |
| 2024-12-31 | $23.26 | $55.45 | x |
| 2025-12-31 | $26.99 | $55.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CNO Financial Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.11%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 14.70x
- Recent ROE (8.69%) is above the historical average (4.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -27.23% | -21.34% | 0.10x | 13.39x | $-1.63 Billion |
| 2001 | -8.54% | -7.39% | 0.09x | 12.92x | $-881.20 Million |
| 2002 | 0.00% | -176.07% | 0.10x | 0.00x | $-7.63 Billion |
| 2003 | 81.56% | 48.80% | 0.16x | 10.62x | $2.02 Billion |
| 2004 | 7.42% | 6.68% | 0.14x | 7.88x | $-100.52 Million |
| 2005 | 6.92% | 7.23% | 0.14x | 6.98x | $-139.28 Million |
| 2006 | 2.25% | 2.37% | 0.14x | 6.94x | $-365.31 Million |
| 2007 | -4.25% | -4.35% | 0.12x | 7.91x | $-603.49 Million |
| 2008 | -69.93% | -27.03% | 0.15x | 17.77x | $-1.29 Billion |
| 2009 | 2.43% | 1.97% | 0.14x | 8.59x | $-267.54 Million |
| 2010 | 6.58% | 6.97% | 0.13x | 7.38x | $-147.93 Million |
| 2011 | 6.67% | 8.14% | 0.12x | 6.62x | $-167.56 Million |
| 2012 | 4.38% | 5.09% | 0.13x | 6.76x | $-283.93 Million |
| 2013 | 9.65% | 10.68% | 0.13x | 7.02x | $-17.52 Million |
| 2014 | 1.10% | 1.24% | 0.13x | 6.65x | $-417.42 Million |
| 2015 | 6.54% | 7.12% | 0.12x | 7.52x | $-143.15 Million |
| 2016 | 7.98% | 8.97% | 0.12x | 7.13x | $-90.49 Million |
| 2017 | 3.62% | 4.08% | 0.13x | 6.83x | $-309.15 Million |
| 2018 | -9.34% | -7.30% | 0.14x | 9.33x | $-652.09 Million |
| 2019 | 1.37% | 10.19% | 0.12x | 1.13x | $-2.58 Billion |
| 2020 | 5.50% | 7.90% | 0.11x | 6.44x | $-246.62 Million |
| 2021 | 1.77% | 13.83% | 0.11x | 1.12x | $-2.65 Billion |
| 2022 | 45.02% | 17.63% | 0.11x | 23.80x | $490.52 Million |
| 2023 | 12.48% | 6.67% | 0.12x | 15.81x | $54.94 Million |
| 2024 | 16.06% | 9.09% | 0.12x | 15.05x | $152.48 Million |
| 2025 | 8.69% | 5.11% | 0.12x | 14.70x | $-34.52 Million |
Industry Comparison
This section compares CNO Financial Group Inc's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $1,780,328,754
- Average return on equity (ROE) among peers: -21.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CNO Financial Group Inc (CNO) | $2.59 Billion | -27.23% | 14.36x | $5.10 Billion |
| Atlantic American Corporation (AAME) | $8.10 Million | -249.38% | 22.62x | $22.64 Million |
| Abacus Life Inc. (ABL) | $28.15 Million | -0.19% | 1.10x | $827.97 Million |
| Abacus Global Management, Inc. (ABX) | $164.07 Million | 5.80% | 1.02x | $86.04K |
| Abacus Global Management, Inc. (ABX) | $418.54 Million | 8.73% | 1.16x | $834.17 Million |
| Aflac Incorporated (AFL) | $1.75 Billion | 16.71% | 10.58x | $58.84 Billion |
| Brighthouse Financial Inc (BHF) | $5.02 Billion | 7.72% | 46.48x | $2.44 Billion |
| Citizens Inc (CIA) | $135.13 Million | 5.72% | 3.89x | $192.44 Million |
| F&G Annuities & Life Inc. (FG) | $4.92 Billion | 5.39% | 19.02x | $2.52 Billion |
| Globe Life Inc (GL) | $3.58 Billion | 4.62% | 0.05x | $12.08 Billion |
About CNO Financial Group Inc
CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance and other insurance products, and financial services for middle-income pre-retiree and retired Americans in the United States. It offers Medicare supplement, supplemental health, and long-term care insurance policies; life insurance; and annuities, as well a… Read more