CNA Financial

CNA on NYSE. CNA sells commercial property and casualty insurance to businesses through brokers. Market value $12.9bn.

Ranked 43 of 1,305 on tonight’s list. On the list every night since 3 August 2026.

Cash yield
18.6%very high

For every $100 of what the whole company costs, it produced $18.64 of spare cash last year. A savings account pays about 4.

Price to profit
n/a

Not meaningful for banks and insurers, whose profit is not measured this way.

Return on capital
n/a

Not meaningful for banks and insurers, whose profit is not measured this way.

Five years of cash, in billions

2.0
2.5
2.2
2.5
2.4
20212022202320242025
Revenue$11.9bn$11.9bn$13.3bn$14.3bn$15.0bn
Operating marginn/an/an/an/an/a
Debt to equity0.250.300.250.280.26
Shares outstanding0.27bn0.27bn0.27bn0.27bn0.27bn

Health checks

  • Free cash flow positive5 of 5 years
  • Accounting looks honest (Beneish)Not enough data
  • Financial strength (Piotroski)7 of 9
  • Profit backed by cash (accruals)Yes
  • Debt0.26× equity
  • Revenue growth, five yearsSlow, 5.9% a year
  • Buying back its own sharesRoughly flat

Dates

n/a
Next results (estimated)
10 February 2026
Last annual report (10-K)
2 November 2026
Next quarterly (estimated, 10-Q)

Funds that own it

None of the funds we track holds it.

Insiders

We do not track insider filings for this company yet.

What could go wrong

Cheap for a reason is the question the numbers cannot answer. Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; the five-year figures are rounded.