# CNA Financial Corp: overview

CNA · NYSE · CIK 21175 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/cna.md) · [Financials](/companies/cna/financials.md) · [Filings](/companies/cna/filings.md) · [Insiders](/companies/cna/insiders.md)

Latest reported revenue: [$367.0m](/filings/0000021175-26-000045.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 3, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0000021175-26-000045).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [401](/filings/0000021175-25-000097.md) | [397 d](/filings/0000021175-26-000011.md) | [397](/filings/0000021175-26-000031.md) | [398](/filings/0000021175-26-000045.md) | [393](/filings/0000021175-25-000097.md) | [389 d](/filings/0000021175-26-000011.md) | [374](/filings/0000021175-26-000031.md) | [367](/filings/0000021175-26-000045.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [70.6%](/filings/0000021175-25-000097.md) | [5.3% d](/filings/0000021175-26-000011.md) | [69.0%](/filings/0000021175-26-000031.md) | [75.1%](/filings/0000021175-26-000045.md) | [102.5%](/filings/0000021175-25-000097.md) | [77.6% d](/filings/0000021175-26-000011.md) | [56.4%](/filings/0000021175-26-000031.md) | [87.5%](/filings/0000021175-26-000045.md) |
| Diluted EPS | $ per share | [1.04](/filings/0000021175-25-000097.md) | not reported | [1.00](/filings/0000021175-26-000031.md) | [1.10](/filings/0000021175-26-000045.md) | [1.48](/filings/0000021175-25-000097.md) | not reported | [0.78](/filings/0000021175-26-000031.md) | [1.18](/filings/0000021175-26-000045.md) |
| Free cash flow | $m | [730 d](/filings/0000021175-25-000097.md) | [665 d](/filings/0000021175-26-000011.md) | [620](/filings/0000021175-26-000031.md) | [538 d](/filings/0000021175-26-000045.md) | [704 d](/filings/0000021175-25-000097.md) | [542 d](/filings/0000021175-26-000011.md) | [380](/filings/0000021175-26-000031.md) | [629 d](/filings/0000021175-26-000045.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,430](/filings/0000021175-24-000007.md) | [1,574](/filings/0000021175-25-000008.md) | [1,624](/filings/0000021175-26-000011.md) | [1,609](/filings/0000021175-26-000011.md) | [1,577](/filings/0000021175-26-000011.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [82.8%](/filings/0000021175-24-000007.md) | [43.3%](/filings/0000021175-25-000008.md) | [74.2%](/filings/0000021175-26-000011.md) | [59.6%](/filings/0000021175-26-000011.md) | [81.0%](/filings/0000021175-26-000011.md) |
| Diluted EPS | $ per share | [4.34](/filings/0000021175-24-000007.md) | [2.51](/filings/0000021175-25-000008.md) | [4.43](/filings/0000021175-26-000011.md) | [3.52](/filings/0000021175-26-000011.md) | [4.69](/filings/0000021175-26-000011.md) |
| Free cash flow | $m | [1,971](/filings/0000021175-24-000007.md) | [2,450](/filings/0000021175-25-000008.md) | [2,195](/filings/0000021175-26-000011.md) | [2,476](/filings/0000021175-26-000011.md) | [2,404](/filings/0000021175-26-000011.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/cna/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Loews Corp](/funds/60086.md) | 2026-06-30 | $12.08bn | 248,414,738 |  | Unchanged |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $137.4m | 2,826,611 |  | Reduced −211,560 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $80.2m | 1,649,720 |  | Reduced −133,424 |
| [FIRST TRUST ADVISORS LP](/funds/1125816.md) | 2026-06-30 | $50.8m | 1,044,668 |  | Reduced −1,056,424 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $47.4m | 975,788 |  | Added +530,044 |
| [Quantinno Capital Management LP](/funds/1759654.md) | 2026-06-30 | $42.2m | 867,250 |  | Added +182,003 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $39.9m | 820,488 |  | Added +63,355 |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $39.5m | 811,624 |  | Reduced −70,411 |
| [River Road Asset Management, LLC](/funds/1341401.md) | 2026-06-30 | $39.0m | 802,360 |  | Reduced −45,837 |
| [CORDA Investment Management, LLC.](/funds/1545812.md) | 2026-06-30 | $36.6m | 753,707 |  | Added +23,488 |

## Recent filings

[All 817 filings](/companies/cna/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-03 | 06:19 ET | [10-Q](/filings/0000021175-26-000045.md) | Quarterly report, period 2026-06-30 | 0000021175-26-000045 |
| 2026-08-03 | 06:10 ET | [8-K](/filings/0000021175-26-000043.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000021175-26-000043 |
| 2026-05-04 | 06:22 ET | [10-Q](/filings/0000021175-26-000031.md) | Quarterly report, period 2026-03-31 | 0000021175-26-000031 |
| 2026-05-04 | 06:14 ET | [8-K](/filings/0000021175-26-000029.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000021175-26-000029 |
| 2026-04-29 | 15:14 ET | [8-K](/filings/0000021175-26-000019.md) | 5.07 Shareholder vote results | 0000021175-26-000019 |
| 2026-03-20 | 10:04 ET | [DEF 14A](/filings/0001104659-26-032500.md) | Proxy statement, period 2026-04-29 | 0001104659-26-032500 |
| 2026-02-10 | 08:11 ET | [10-K](/filings/0000021175-26-000011.md) | Annual report, period 2025-12-31 | 0000021175-26-000011 |
| 2026-02-09 | 06:11 ET | [8-K](/filings/0000021175-26-000008.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000021175-26-000008 |
| 2025-11-03 | 06:34 ET | [10-Q](/filings/0000021175-25-000097.md) | Quarterly report, period 2025-09-30 | 0000021175-25-000097 |
| 2025-11-03 | 06:26 ET | [8-K](/filings/0000021175-25-000095.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000021175-25-000095 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000021175-26-000011.md), filed Feb 10, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/044ec3f9-b82e-4802-85fe-1457295f8406)

## About the filer

- CIK: 21175
- Tickers: CNA
- Exchange: NYSE
- SIC code: 6331 Fire, Marine & Casualty Insurance
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:17 ET. No prices; not investment advice.