CNO Financial Group Inc (CNO) - Net Assets

Latest as of March 2026: $2.44 Billion USD

Based on the latest financial reports, CNO Financial Group Inc (CNO) has net assets worth $2.44 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($38.90 Billion) and total liabilities ($36.47 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. Check tangible net worth ratio of CNO Financial Group Inc to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets $2.44 Billion
% of Total Assets 6.27%
Annual Growth Rate -2.0%
5-Year Change -91.81%
10-Year Change -41.2%
Growth Volatility 189.39

CNO Financial Group Inc - Net Assets Trend (2000–2025)

This chart illustrates how CNO Financial Group Inc's net assets have evolved over time, based on quarterly financial data. See CNO Financial Group Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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 valuation and market cap data, see CNO company 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.

Current Equity Component Breakdown (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
Andon Health Co Ltd
SHE:002432
 $4.55 Billion
Amicus Therapeutics Inc
NASDAQ:FOLD
 $4.55 Billion
LG Display Co Ltd
NYSE:LPL
 $4.55 Billion
CSN Mineração S.A
SA:CMIN3
 $4.55 Billion
JK Cement Limited
NSE:JKCEMENT
 $4.55 Billion
China Southern Power Grid Technology Co Ltd
SHG:688248
 $4.54 Billion
Axiata Group Bhd
KLSE:6888
 $4.54 Billion
Cathay Biotech Inc
SHG:688065
 $4.54 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: 1.90x
  • 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 1.17x to 1.90x 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 $51.23 x
2001-12-31 $47.48 $51.23 x
2002-12-31 $-20.48 $51.23 x
2003-12-31 $28.14 $51.23 x
2004-12-31 $26.80 $51.23 x
2005-12-31 $24.43 $51.23 x
2006-12-31 $30.90 $51.23 x
2007-12-31 $24.43 $51.23 x
2008-12-31 $8.77 $51.23 x
2009-12-31 $18.27 $51.23 x
2010-12-31 $14.33 $51.23 x
2011-12-31 $16.55 $51.23 x
2012-12-31 $17.94 $51.23 x
2013-12-31 $21.29 $51.23 x
2014-12-31 $21.54 $51.23 x
2015-12-31 $21.21 $51.23 x
2016-12-31 $25.16 $51.23 x
2017-12-31 $28.16 $51.23 x
2018-12-31 $20.37 $51.23 x
2019-12-31 $189.92 $51.23 x
2020-12-31 $38.31 $51.23 x
2021-12-31 $245.59 $51.23 x
2022-12-31 $11.90 $51.23 x
2023-12-31 $19.25 $51.23 x
2024-12-31 $23.26 $51.23 x
2025-12-31 $26.99 $51.23 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: $1,620,372,970
  • Average return on equity (ROE) among peers: 23.25%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CNO Financial Group Inc (CNO) $2.44 Billion -27.23% 14.95x $4.55 Billion
Atlantic American Corporation (AAME) $23.00 Million -2.61% 8.10x $36.10 Million
Abacus Life Inc. (ABL) $28.15 Million -0.19% 1.10x $827.97 Million
Abacus Global Management, Inc. (ABX) $1.30 Million 50.90% 0.12x $85.07K
Abacus Global Management, Inc. (ABX) $1.30 Million 50.90% 0.12x $857.55 Million
Aflac Incorporated (AFL) $549.10 Million 16.99% 8.16x $58.84 Billion
Brighthouse Financial Inc (BHF) $5.53 Billion 70.18% 39.84x $3.62 Billion
Citizens Inc (CIA) $77.31 Million 2.66% 2.46x $278.04 Million
F&G Annuities & Life Inc. (FG) $4.92 Billion 5.39% 19.02x $3.55 Billion
Globe Life Inc (GL) $3.46 Billion 14.99% 3.33x $12.82 Billion

About CNO Financial Group Inc

NYSE:CNO USA Insurance - Life
Market Cap
$4.78 Billion
Market Cap Rank
#3852 Global
#1313 in USA
Share Price
$51.23
Change (1 day)
+0.35%
52-Week Range
$35.49 - $51.23
All Time High
$51.23
Categories
Companies in USA Insurance - Life
About

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