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CNA Financial CNA Effect of actual variances from expected experience

Effect of actual variances from expected experience at other companies

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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$14.24B+10.5%
Enterprise value$16.69B+7.8%
P/E11.7×-3.0×
P/S+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 us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitCumulativeIncreaseDecreaseOfActualVarianceFromExpectedExperience.

The source filing: CNA Financial’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 6:22 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000021175-26-000031
(In millions)2025
173440
16,98417,023
1913
17,00317,036
227229
(285)(293)
16,94516,972

Item 1. Condensed Consolidated Financial Statements

FAQ

What is CNA Financial's effect of actual variances from expected experience?
CNA Financial (CNA) reported effect of actual variances from expected experience of $19M in Q4 2025.
How has CNA Financial's effect of actual variances from expected experience changed year-over-year?
CNA Financial's effect of actual variances from expected experience increased by 46.2% year-over-year, from $13M to $19M.
What is the long-term trend for CNA Financial's effect of actual variances from expected experience?
Over 4 years (2021 to 2025), CNA Financial's effect of actual variances from expected experience has grown at a -2.5% compound annual growth rate (CAGR), from -$21M to $19M.

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