CNO Financial Group Inc (CNO) — Tangible Net Worth Ratio

Latest as of September 2025: 4.6%

CNO Financial Group Inc (CNO) has a Tangible Net Worth Ratio of 4.6% as of September 2025. This metric is calculated by deducting intangible assets ($2.49 Billion) from net assets ($2.61 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See CNO current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

4.6%
Tangible equity / total equity

Net Assets (Equity)

$2.61 Billion
USD

Intangible Assets

$2.49 Billion
Goodwill, patents, brand value

Total Assets

$38.30 Billion
USD

CNO Financial Group Inc Tangible Net Worth Ratio (2000–2024)

This chart shows how CNO Financial Group Inc's Tangible Net Worth Ratio has changed across 24 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 4.6%, reflecting net assets of $2.61 Billion with intangible assets of $2.49 Billion USD. See CNO Financial Group Inc (CNO) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for CNO Financial Group Inc (2000–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for CNO Financial Group Inc from 2000 to 2024, covering 24 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see CNO company net worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2024 7.2% $2.50 Billion $2.32 Billion $37.85 Billion ▲ +3.1 pp
2023 4.1% $2.22 Billion $2.13 Billion $35.03 Billion ▲ +55.8 pp
2022 -51.7% $1.40 Billion $2.13 Billion $33.34 Billion ▼ -147.6 pp
2021 95.9% $32.20 Billion $1.33 Billion $36.20 Billion ▲ +19.1 pp
2020 76.7% $5.48 Billion $1.28 Billion $35.34 Billion ▼ -18.3 pp
2019 95.0% $29.84 Billion $1.49 Billion $33.63 Billion ▲ +44.4 pp
2018 50.6% $3.37 Billion $1.67 Billion $31.44 Billion ▼ -20.8 pp
2017 71.4% $4.85 Billion $1.39 Billion $33.11 Billion ▲ +3.6 pp
2016 67.8% $4.49 Billion $1.45 Billion $31.98 Billion ▲ +4.8 pp
2015 63.0% $4.14 Billion $1.53 Billion $31.13 Billion ▼ -10.1 pp
2014 73.1% $4.69 Billion $1.26 Billion $31.18 Billion ▲ +6.4 pp
2013 66.8% $4.96 Billion $1.65 Billion $34.78 Billion ▼ -8.4 pp
2012 75.1% $5.05 Billion $1.26 Billion $34.13 Billion ▼ -11.0 pp
2011 86.1% $5.03 Billion $697.70 Million $33.33 Billion ▲ +9.5 pp
2010 76.7% $4.33 Billion $1.01 Billion $31.90 Billion ▲ +10.0 pp
2009 66.7% $3.53 Billion $1.18 Billion $30.34 Billion ▲ +58.0 pp
2008 8.7% $1.62 Billion $1.48 Billion $28.77 Billion ▼ -50.6 pp
2007 59.3% $4.24 Billion $1.72 Billion $33.51 Billion ▲ +4.7 pp
2006 54.7% $4.71 Billion $2.14 Billion $32.72 Billion ▲ +8.1 pp
2005 46.6% $4.52 Billion $2.41 Billion $31.56 Billion ▲ +14.0 pp
2004 32.6% $3.90 Billion $2.63 Billion $30.76 Billion ▼ -61.9 pp
2003 94.5% $2.82 Billion $155.20 Million $29.92 Billion ▲ +72.2 pp
2001 22.3% $4.75 Billion $3.70 Billion $61.43 Billion ▲ +9.1 pp
2000 13.1% $4.37 Billion $3.80 Billion $58.59 Billion
pp = percentage points