TORVANTA
Other · S&P 500 · data as of 2026-10-05

CNO stock analysis: CNO

CNO (CNO) is an S&P 500 company in Other.

The model's view of CNO · subscribers

Where CNO ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with CNO · updated 2026-10-05 · from prices and SEC filings

CNO price performance

CNO against the S&P 500, one year
+0%+20%+40%CNO +39%S&P 500 +18%2025-09-292026-10-05
Year to date+28.6%S&P 500 +14.5% · ahead by 14.1 pts
1 year+38.6%S&P 500 +17.0% · ahead by 21.6 pts
3 years+144.8%S&P 500 +89.3% · ahead by 55.5 pts
5 years+139.2%S&P 500 +91.3% · ahead by 47.9 pts

Total returns with dividends reinvested.

CNO factor grades

Each grade compares CNO with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

BValueP/E 18.6x (industry 20.1x)FCF yield 14.0% (industry 6.0%)
CGrowthRevenue growth +6% (industry +8%)EPS growth +7% (industry +10%)
BProfitabilityOperating margin 13.3% (industry 9.6%)ROIC 37.7% (industry 10.1%)
B+Momentum12-month change +39%From 52-wk high -4%

CNO in plain numbers

CNO key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$5.0B
Revenue growth (y/y)+6%
Free-cash-flow yield14.0%
Dividend yield1.3%
Next earnings (expected)2026-11-02
Valuation measures
Market value$5.0B
Enterprise value$3.7B
P/E (trailing)18.6x
Forward P/E (Torvanta estimate)16.5x
PEG (Torvanta estimate)1.31
Price / sales1.1x
Price / book1.9x
EV / revenue0.8x
EV / EBITDA3.9x
Financial highlights
Revenue, last 12 months$4.6B
Net income, last 12 months$279.6M
EPS, last 12 months (GAAP)$2.91
Operating margin13.3%
Net margin6.0%
Return on equity10.9%
Return on invested capital37.7%
Cash$1.3B
Interest cover2.9x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

CNO earnings trends

Revenue vs earnings
$0$321.3M$642.6M$1.0B$1.3BSep 2024 Revenue: $1.1BDec 2024 Revenue: $1.1BMar 2025 Revenue: $1.0BJun 2025 Revenue: $1.2BSep 2025 Revenue: $1.2BDec 2025 Revenue: $1.1BMar 2026 Revenue: $1.0BJun 2026 Revenue: $1.3BSep 2024 Net income: $9.3MDec 2024 Net income: $166.1MMar 2025 Net income: $13.7MJun 2025 Net income: $91.8MSep 2025 Net income: $23.1MDec 2025 Net income: $92.9MMar 2026 Net income: $37.7MJun 2026 Net income: $125.9MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 0.8%Net margin: 15.1%Net margin: 1.4%Net margin: 8.0%Net margin: 1.9%Net margin: 8.1%Net margin: 3.7%Net margin: 9.8%0%8%15%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.4$0.8$1.2$1.6Sep 2024 EPS (GAAP, diluted): $0.1Dec 2024 EPS (GAAP, diluted): $1.6Mar 2025 EPS (GAAP, diluted): $0.1Jun 2025 EPS (GAAP, diluted): $0.9Sep 2025 EPS (GAAP, diluted): $0.2Dec 2025 EPS (GAAP, diluted): $1.0Mar 2026 EPS (GAAP, diluted): $0.4Jun 2026 EPS (GAAP, diluted): $1.3Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +167% · Dec 2025 -40% · Mar 2026 +200% · Jun 2026 +46%

From the company's 10-Q and 10-K filings with the SEC.

CNO financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$4.1B$3.6B$4.1B$4.4B$4.5B
Net income$441.0M$396.8M$276.5M$404.0M$221.5M
EPS (GAAP)$3.36$3.37$2.41$3.74$2.23

CNO earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-30$1.33+46%+12%+1.6%
2026-04-30$0.39+200%+3%-1.3%
2026-02-05$0.95-40%+4%+4.3%
2025-11-03$0.24+167%+5%+4.2%
2025-07-28$0.91-14%+8%-1.9%
2025-04-28$0.13-87%-13%-4.6%

Companies similar to CNO

CompanyMarket valueP/ERevenue growthOperating margin12-month change
CNO CNO$5.0B18.6x+6%13.3%+39%
CE CE$5.0Bn/a-2%-7.1%+1%compare
BYD BYD$5.0B3.0x+2%16.4%-20%compare
MRCY MRCY$5.0Bn/a+8%0.0%-1%compare
GHC GHC$5.0B9.2x+5%5.4%+0%
MTN MTN$5.0B30.5x-4%15.0%-5%
FND FND$5.0B21.7x+2%6.4%-37%

All Other stock ratings

Frequently asked questions

Is CNO stock a buy?

Torvanta does not tell individuals what to buy. Its grades for CNO are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is CNO's P/E ratio?

CNO trades at about 18.6 times its last 12 months of GAAP earnings reported to the SEC, and about 16.5 times Torvanta's own estimate of the next 12 months.

When does CNO report earnings next?

Based on its filing history, Torvanta expects CNO to report around 2026-11-02.

Does CNO pay a dividend?

Yes. Its dividend yield is about 1.3%, and it has raised its dividend 13 years in a row.

How has CNO performed against the S&P 500?

Over the past year CNO returned +38.6%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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