Cannae Holdings (CNNE) Operating Margin (2016 - 2026)
Cannae Holdings' Operating Margin came in at -55.58% for Q2 2026, down 0.31 percentage points from -55.26% a year earlier and down 32.60 percentage points from the prior quarter.
Cannae Holdings (CNNE) Operating Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cannae Holdings reported Operating Margin of -28.44%, down 0.44 percentage points year-over-year; for FY2025, it came in at -28.23%, down 5.32 percentage points from FY2024.
- Operating Margin carries a five-year change of -21.88 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was -22.92% in FY2024 (-2.06 pp), -20.86% in FY2023 (+0.98 pp), -21.84% in FY2022 (-3.85 pp) and -17.99% in FY2021 (-11.63 pp).
- The Q2 2026 figure represents the lowest quarterly Operating Margin in data going back to Q3 2016.
- Year-over-year, Operating Margin has declined for three consecutive quarters, with an average year-over-year change of -0.15 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q1 2023 (a gain of 34.31 percentage points), and the weakest in Q2 2025 (a drop of 35.77 percentage points).
- Business Quant data shows CNNE's Operating Margin at -22.97% (Q1 2026), -23.33% (Q4 2025) and -12.35% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 34.74% |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | - |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | -53.96% |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | - |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | - |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 16.30% |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 71.79% |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 76.73% |
| 10 | Cannae Holdings | 665.25 Mn | -2.35 Mn | 16.90 Mn | -55.58% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -55.58% |
| Mar 31, 2026 | -22.97% |
| Dec 31, 2025 | -23.33% |
| Sep 30, 2025 | -12.35% |
| Jun 30, 2025 | -55.26% |
| Mar 31, 2025 | -20.74% |
| Dec 31, 2024 | -20.02% |
| Sep 30, 2024 | -15.89% |
| Jun 30, 2024 | -19.49% |
| Mar 31, 2024 | -36.68% |
| Dec 31, 2023 | -20.70% |
| Sep 30, 2023 | -36.14% |
| Jun 30, 2023 | -12.83% |
| Mar 31, 2023 | -10.85% |
| Dec 31, 2022 | -13.29% |
| Sep 30, 2022 | -6.27% |
| Jun 30, 2022 | -15.47% |
| Mar 31, 2022 | -45.16% |
| Dec 31, 2021 | -20.07% |
| Sep 30, 2021 | -13.33% |
Cannae Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CNNE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CNNE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CNNE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();