CNO Financial (CNO) Operating Margin (2009 - 2026)
CNO Financial (CNO) recorded Operating Margin of 16.73% in Q2 2026, up 1.35 percentage points from 15.38% a year earlier and up 7.08 percentage points from the prior quarter.
CNO Financial (CNO) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, CNO Financial's Operating Margin came in at 12.30% as of Jun 30, 2026, down 2.30 percentage points year-over-year; for FY2025, it came in at 8.60%, down 5.60 percentage points from FY2024.
- Annual Operating Margin has a five-year change of -3.26 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 14.20% in FY2024 (+4.08 pp), 10.12% in FY2023 (-14.46 pp), 24.58% in FY2022 (+4.48 pp) and 20.10% in FY2021 (+8.24 pp).
- The Q2 2026 figure is the highest quarterly Operating Margin since Q4 2024.
- On a year-over-year basis, Operating Margin rose in four of the last eight quarters, with an average year-over-year change of -3.52 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 31.60 percentage points in Q4 2022, against a drop of 37.21 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.64% (Q1 2026), 14.40% (Q4 2025) and 7.81% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.04 Bn | 85.69 Bn | 8.67 Bn | 22.27% |
| 2 | Progressive | 132.33 Bn | 107.86 Bn | 8.29 Bn | 14.33% |
| 3 | Marsh & Mclennan Companies | 97.77 Bn | 89.93 Bn | - | 17.70% |
| 4 | Travelers Companies | 81.70 Bn | 59.18 Bn | 5.93 Bn | 20.04% |
| 5 | Manulife Financial | 75.38 Bn | -20.12 Bn | - | - |
| 6 | Arthur J. Gallagher | 72.26 Bn | 66.85 Bn | - | - |
| 7 | Aon | 71.52 Bn | 50.73 Bn | - | 19.73% |
| 8 | Metlife | 65.44 Bn | -41.34 Bn | 7.82 Bn | 21.42% |
| 9 | Allstate | 63.89 Bn | 23.73 Bn | 7.41 Bn | 15.64% |
| 10 | CNO Financial | 5.28 Bn | -888.20 Mn | 520.90 Mn | 26.20% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.20% |
| Jun 30, 2026 | 16.73% |
| Mar 31, 2026 | 9.64% |
| Dec 31, 2025 | 14.40% |
| Sep 30, 2025 | 7.81% |
| Jun 30, 2025 | 15.38% |
| Mar 31, 2025 | 8.94% |
| Dec 31, 2024 | 26.80% |
| Sep 30, 2024 | 6.99% |
| Jun 30, 2024 | 20.15% |
| Mar 31, 2024 | 17.85% |
| Dec 31, 2023 | 9.38% |
| Sep 30, 2023 | 29.36% |
| Jun 30, 2023 | 15.03% |
| Mar 31, 2023 | 5.34% |
| Dec 31, 2022 | 9.89% |
| Sep 30, 2022 | 29.33% |
| Jun 30, 2022 | 38.32% |
| Mar 31, 2022 | 31.33% |
| Dec 31, 2021 | -21.71% |
CNO Financial 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=CNO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CNO", "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=CNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();