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Cna Financial Corp. (CNA) Stock Fundamental Analysis & AI Rating 2026

CNA NYSE Fire, Marine & Casualty Insurance DE CIK: 0000021175
Recently Updated • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Rating
BUY
70% Confidence
AGREEMENT
HOLD
62% Conf
BUY
79% Conf

📊 CNA Key Takeaways

Revenue: $3.7B
Net Margin: 5.7%
Free Cash Flow: $380.0M
Current Ratio: N/A
Debt/Equity: 0.27x
EPS: $0.78
AI Rating: HOLD with 62% confidence
Cna Financial Corp. (CNA) receives a BUY rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $3.7B, net profit margin of 5.7%, and return on equity (ROE) of 1.9%, Cna Financial Corp. demonstrates strong fundamentals in the Finance sector. Below is our complete CNA stock analysis for 2026.

Is Cna Financial Corp. (CNA) a Good Investment?

Claude

CNA Financial demonstrates stable cash generation and manageable leverage, but returns on equity and assets are concerningly weak at 1.9% ROE and 0.3% ROA respectively. The 850% revenue surge requires scrutiny—likely driven by acquisition/consolidation rather than operational improvement—while net margins of 5.7% indicate structural profitability challenges within the insurance segment.

ChatGPT

CNA Financial shows solid core fundamentals with healthy profitability, strong free cash flow generation, and conservative leverage for an insurer. Net income and EPS growth are strong, but the extreme revenue jump looks low-quality or presentation-driven rather than purely operational, so the story is more about steady underwriting and capital strength than explosive growth.

Why Buy Cna Financial Corp. Stock? CNA Key Strengths

Claude
  • + Positive free cash flow generation of $380M with 10.3% FCF margin
  • + Healthy debt position with 0.27x debt-to-equity ratio and 8.1x interest coverage
  • + Net income growing 33.3% year-over-year demonstrating operational improvement trajectory
ChatGPT
  • + Net income and diluted EPS both grew about 33% year over year, indicating strong bottom-line execution
  • + Free cash flow of $2.40B and a 16.0% FCF margin show strong cash conversion and financial flexibility
  • + Balance sheet leverage appears manageable with 0.26x debt-to-equity and 12.0x interest coverage

CNA Stock Risks: Cna Financial Corp. Investment Risks

Claude
  • ! Critically low ROE of 1.9% and ROA of 0.3% indicate poor capital efficiency and substandard returns for shareholders
  • ! Massive 850% revenue increase lacks organic growth attribution—likely non-recurring acquisition effects distorting year-over-year comparability
  • ! Depressed operating (7.3%) and net margins (5.7%) suggest margin compression or operational inefficiencies within core underwriting business
ChatGPT
  • ! Revenue growth of 850.5% is likely distorted by insurance accounting or one-time effects, which reduces confidence in reported growth quality
  • ! Profitability is solid but not exceptional for the risk profile, with a 10.8% operating margin and 11.0% ROE
  • ! As a property and casualty insurer, results remain exposed to catastrophe losses, reserve development, and underwriting cycle pressure

Key Metrics to Watch

Claude
  • * Organic revenue growth excluding acquisitions to assess sustainable growth
  • * ROE and ROA trends—need sustained improvement above 8% ROE to indicate capital efficiency recovery
  • * Operating margin expansion potential given current 7.3% level is below industry benchmarks
ChatGPT
  • * Combined ratio and underwriting margin trend
  • * Reserve development and operating cash flow consistency

Cna Financial Corp. (CNA) Financial Metrics & Key Ratios

Revenue
$3.7B
Net Income
$211.0M
EPS (Diluted)
$0.78
Free Cash Flow
$380.0M
Total Assets
$68.6B
Cash Position
$522.0M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

CNA Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 7.3%
Net Margin 5.7%
ROE 1.9%
ROA 0.3%
FCF Margin 10.3%

CNA vs Finance Sector: How Cna Financial Corp. Compares

How Cna Financial Corp. compares to Finance sector averages

Net Margin
CNA 5.7%
vs
Sector Avg 25.0%
CNA Sector
ROE
CNA 1.9%
vs
Sector Avg 12.0%
CNA Sector
Current Ratio
CNA 0.0x
vs
Sector Avg 1.2x
CNA Sector
Debt/Equity
CNA 0.3x
vs
Sector Avg 2.0x
CNA Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Cna Financial Corp. Stock Overvalued? CNA Valuation Analysis 2026

Based on fundamental analysis, Cna Financial Corp. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
1.9%
Sector avg: 12%
Net Profit Margin
5.7%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.27x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Cna Financial Corp. Balance Sheet: CNA Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.27x
Debt/Assets
84.2%
Interest Coverage
8.09x
Long-term Debt
$3.0B

CNA Revenue & Earnings Growth: 5-Year Financial Trend

CNA 5-year financial data: Year 2021: Revenue $1.4B, Net Income $1.0B, EPS $3.67. Year 2022: Revenue $1.6B, Net Income $690.0M, EPS $2.53. Year 2023: Revenue $1.6B, Net Income $1.2B, EPS $4.34. Year 2024: Revenue $1.6B, Net Income $682.0M, EPS $2.51. Year 2025: Revenue $1.6B, Net Income $1.2B, EPS $4.43.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Cna Financial Corp.'s revenue has grown significantly by 14% over the 5-year period, indicating strong business expansion. The most recent EPS of $4.43 reflects profitable operations.

CNA Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
10.3%
Free cash flow / Revenue

CNA Quarterly Earnings & Performance

Quarterly financial performance data for Cna Financial Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $374.0M $211.0M $0.78
Q3 2025 $393.0M $283.0M $1.04
Q2 2025 $398.0M $299.0M $1.10
Q1 2025 $397.0M $274.0M $1.00
Q3 2024 $401.0M $258.0M $0.95
Q2 2024 $404.0M $283.0M $1.04
Q1 2024 $407.0M $297.0M $1.09
Q3 2023 $399.0M -$42.0M $-0.15

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Cna Financial Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$393.0M
Cash generated from operations
Stock Buybacks
$36.0M
Shares repurchased (TTM)
Capital Expenditures
$13.0M
Investment in assets
Dividends Paid
$682.0M
Returned to shareholders

CNA SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Cna Financial Corp. (CIK: 0000021175)

📋 Recent SEC Filings

Date Form Document Action
May 4, 2026 10-Q cna-20260331.htm View →
May 4, 2026 8-K cna-20260504.htm View →
Apr 29, 2026 8-K cna-20260429.htm View →
Mar 20, 2026 4 xslF345X06/wk-form4_1774034002.xml View →
Mar 20, 2026 DEF 14A tm2531481-1_def14a.htm View →

Frequently Asked Questions about CNA

What is the AI rating for CNA?

Cna Financial Corp. (CNA) has a Combined AI Rating of BUY from Claude (HOLD) and ChatGPT (BUY) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CNA's key strengths?

Claude: Positive free cash flow generation of $380M with 10.3% FCF margin. Healthy debt position with 0.27x debt-to-equity ratio and 8.1x interest coverage. ChatGPT: Net income and diluted EPS both grew about 33% year over year, indicating strong bottom-line execution. Free cash flow of $2.40B and a 16.0% FCF margin show strong cash conversion and financial flexibility.

What are the risks of investing in CNA?

Claude: Critically low ROE of 1.9% and ROA of 0.3% indicate poor capital efficiency and substandard returns for shareholders. Massive 850% revenue increase lacks organic growth attribution—likely non-recurring acquisition effects distorting year-over-year comparability. ChatGPT: Revenue growth of 850.5% is likely distorted by insurance accounting or one-time effects, which reduces confidence in reported growth quality. Profitability is solid but not exceptional for the risk profile, with a 10.8% operating margin and 11.0% ROE.

What is CNA's revenue and growth?

Cna Financial Corp. reported revenue of $3.7B.

Does CNA pay dividends?

Cna Financial Corp. pays dividends, with $682.0M distributed to shareholders in the trailing twelve months.

Where can I find CNA SEC filings?

Official SEC filings for Cna Financial Corp. (CIK: 0000021175) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CNA's EPS?

Cna Financial Corp. has a diluted EPS of $0.78.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CNA a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Cna Financial Corp. has a BUY rating with 70% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is CNA stock overvalued or undervalued?

Valuation metrics for CNA: ROE of 1.9% (sector avg: 12%), net margin of 5.7% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy CNA stock in 2026?

Our dual AI analysis gives Cna Financial Corp. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CNA's free cash flow?

Cna Financial Corp.'s operating cash flow is $393.0M, with capital expenditures of $13.0M. FCF margin is 10.3%.

How does CNA compare to other Finance stocks?

Vs Finance sector averages: Net margin 5.7% (avg: 25%), ROE 1.9% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI