Skip to content

CNA Financial CNA Lifeand Group — Costs From Contract With Customers

Discontinued — last reported Q3 '20

Similar metrics at other companies

Globe Life logo
GLLife — Benefits, Losses and Expenses
$431.46M-11.6%
Globe Life logo
GLLife — Parent expense
$0
Cincinnati Financial logo
CINFLife Insurance Segment — Underwriting, acquisition and insurance expenses
$23M0.0%
Assurant logo
AIZGlobal Lifestyle — Cost of Sales
$265M+43.4%
U-Haul Holding logo
UHAL.BLife Insurance — Cost of Goods Sold
LTR
LTRCna Financial Corporation — Cost of Goods Sold

Other financials

Income statement

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

Balance sheet

See full
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

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

Valuation

See full
Market cap$12.04B-9.7%
Enterprise value$14.49B-8.4%
P/E9.9×-5.0×
P/S0.8×-0.1×

Profitability

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

Returns & leverage

See full
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:CostsFromContractWithCustomers.

The official record: CNA Financial’s 10-Q, filed November 2, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does lifeand group — costs from contract with customers mean?
The direct costs incurred to provide services to customers in the Life and Group segment.
How do you interpret lifeand group — costs from contract with customers?
Lower costs relative to service revenue indicate higher operational efficiency in the segment's service business.
How does lifeand group — costs from contract with customers compare across companies?
Comparable to cost of services or cost of revenue in service-oriented business segments.