CNO Financial (CNO) Operating Margin (2009 - 2026)
CNO Financial (CNO) recorded Operating Margin of -45.35% in Q2 2026, up 1.58 percentage points from -46.93% a year earlier and up 5.95 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 -49.14% as of Jun 30, 2026, down 1.70 percentage points year-over-year; for FY2025, it came in at -50.25%, down 7.31 percentage points from FY2024.
- Annual Operating Margin has a five-year change of -2.78 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at -42.94% in FY2024 (+4.68 pp), -47.61% in FY2023 (-25.24 pp), -22.37% in FY2022 (+12.92 pp) and -35.30% in FY2021 (+12.17 pp).
- Quarterly Operating Margin has ranged from -63.74% in Q3 2024 to -0.28% in Q2 2022 over the past five years.
- On a year-over-year basis, Operating Margin rose in four of the last eight quarters, with an average year-over-year change of -4.34 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 51.51 percentage points in Q2 2022, against a drop of 49.60 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -51.30% (Q1 2026), -44.29% (Q4 2025) and -56.02% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,082.55 Bn | -334.93 Bn | 55.86 Bn | -29.67% |
| 2 | Chubb | 128.03 Bn | 80.09 Bn | 9.13 Bn | -19.39% |
| 3 | Progressive | 122.38 Bn | 98.22 Bn | 9.04 Bn | -43.89% |
| 4 | Marsh & Mclennan Companies | 81.46 Bn | 73.20 Bn | - | 25.65% |
| 5 | Travelers Companies | 75.77 Bn | 52.02 Bn | 6.23 Bn | -25.96% |
| 6 | Manulife Financial | 73.91 Bn | 75.11 Bn | - | - |
| 7 | Metlife | 60.71 Bn | -45.77 Bn | 7.82 Bn | -53.77% |
| 8 | Aon | 58.53 Bn | 51.77 Bn | - | 21.55% |
| 9 | Arthur J. Gallagher | 58.38 Bn | 52.82 Bn | - | - |
| 10 | CNO Financial | 4.94 Bn | -1.09 Bn | 542.70 Mn | -45.35% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -45.35% |
| Mar 31, 2026 | -51.30% |
| Dec 31, 2025 | -44.29% |
| Sep 30, 2025 | -56.02% |
| Jun 30, 2025 | -46.93% |
| Mar 31, 2025 | -54.00% |
| Dec 31, 2024 | -25.17% |
| Sep 30, 2024 | -63.74% |
| Jun 30, 2024 | -39.75% |
| Mar 31, 2024 | -42.40% |
| Dec 31, 2023 | -60.68% |
| Sep 30, 2023 | -19.37% |
| Jun 30, 2023 | -45.93% |
| Mar 31, 2023 | -60.71% |
| Dec 31, 2022 | -55.05% |
| Sep 30, 2022 | -18.58% |
| Jun 30, 2022 | -0.28% |
| Mar 31, 2022 | -11.10% |
| Dec 31, 2021 | -21.71% |
| Sep 30, 2021 | -40.98% |
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();