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CNA Financial CNA Commercial Auto — Commercial

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Other financials

Income statement

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Revenue$3.7B+1.4%
Net income$211.0M-23.0%
EPS (diluted)$0.78-22.0%

Balance sheet

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Cash & equivalents$522.0M+8.1%
Total debt$3.0B-0.1%
Total equity$10.9B+5.6%
Total assets$68.6B+1.8%

Cash flow

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Operating cash flow$393.0M-38.4%
CapEx$13.0M-27.8%
Free cash flow$380.0M-38.7%

Valuation

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Market cap$14.16B+9.9%
Enterprise value$16.61B+7.3%
P/E11.7×-3.0×
P/S0.9×+0.1×

Profitability

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Net margin8.1%+1.9pp
FCF margin14.4%-3.7pp

Returns & leverage

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Return on equity11.5%+2.5pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by CNA Financial in its filing.

Tagged under the XBRL concept cna:NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveDevelopmentCommercialAuto.

The source filing: CNA Financial’s 10-K, filed February 10, 2026.

Filed
Feb 10, 2026, 8:11 AM EST
Fiscal year
FY2025
Accession
0000021175-26-000011
Years ended December 31 / (In millions)202520242023
Pretax (favorable) unfavorable development:
Commercial Auto$74$107$33
General Liability11475149
Workers' Compensation(135)(202)(203)
Property and Other(14)4(1)
Total pretax (favorable) unfavorable development$39$(16)$(22)

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is CNA Financial's commercial auto — commercial?
CNA Financial (CNA) reported commercial auto — commercial of $18.5M in Q4 2025.
How has CNA Financial's commercial auto — commercial changed year-over-year?
CNA Financial's commercial auto — commercial decreased by 30.8% year-over-year, from $26.75M to $18.5M.
What is the long-term trend for CNA Financial's commercial auto — commercial?
Over 4 years (2021 to 2025), CNA Financial's commercial auto — commercial has grown at a 8.7% compound annual growth rate (CAGR), from $53M to $74M.
What does commercial auto — commercial mean?
This metric represents the total net claims development or financial impact specifically attributed to the commercial auto insurance segment. It serves as a high-level performance indicator for the segment's underwriting results. It aggregates various claim-related adjustments to provide a snapshot of the segment's current financial impact from claims.

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