Financhill
Buy
89

CNO Quote, Financials, Valuation and Earnings

Last price:
$43.63
Seasonality move :
3.5%
Day range:
$43.40 - $43.89
52-week range:
$34.63 - $44.01
Dividend yield:
1.54%
P/E ratio:
15.24x
P/S ratio:
0.99x
P/B ratio:
1.59x
Volume:
289.5K
Avg. volume:
735.7K
1-year change:
17.43%
Market cap:
$4.2B
Revenue:
$4.5B
EPS (TTM):
$2.86
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $3.8B $4.1B $3.7B $4.2B $4.5B
Revenue Growth (YoY) -4.85% 7.88% -9.83% 12.14% 8.2%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -- -- -- -- --
Operating Expenses -$453.1M -$663.1M -$953.5M -$595.4M -$772.7M
Operating Income $453.1M $663.1M $953.5M $595.4M $772.7M
 
Net Interest Expenses $108.8M $95.4M $137M $238.6M $254.4M
EBT. Incl. Unusual Items $344.3M $567.7M $816.5M $356.8M $518.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $42.5M $126.7M $185.9M $80.3M $114.3M
Net Income to Company $301.8M $570.3M $630.6M $276.5M $404M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $301.8M $441M $630.6M $276.5M $404M
 
Basic EPS (Cont. Ops) $2.12 $3.43 $5.45 $2.44 $3.81
Diluted EPS (Cont. Ops) $2.11 $3.36 $5.36 $2.40 $3.74
Weighted Average Basic Share $142.1M $128.4M $115.7M $113.3M $106.1M
Weighted Average Diluted Share $143.2M $131.1M $117.7M $115.1M $108.1M
 
EBITDA -- -- -- -- --
EBIT $344.3M $567.7M $816.5M $356.8M $518.3M
 
Revenue (Reported) $3.8B $4.1B $3.7B $4.2B $4.5B
Operating Income (Reported) $453.1M $663.1M $953.5M $595.4M $772.7M
Operating Income (Adjusted) $344.3M $567.7M $816.5M $356.8M $518.3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $968.3M $940.2M $981.3M $1.1B $1.2B
Revenue Growth (YoY) -4.46% -2.9% 4.37% 16.75% 4.84%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -- -- -- -- --
Operating Expenses -$151.7M -$265.5M -$278.2M -$79M -$189.5M
Operating Income $151.7M $265.5M $278.2M $79M $189.5M
 
Net Interest Expenses $23.7M $37.6M $62.6M $68M $56.6M
EBT. Incl. Unusual Items $128M $227.9M $215.6M $11M $36.2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $28.2M $52M $48.3M $1.7M $13.1M
Net Income to Company $99.8M $175.9M $167.3M $9.3M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $99.8M $175.9M $167.3M $9.3M $23.1M
 
Basic EPS (Cont. Ops) $0.79 $1.54 $1.48 $0.09 $0.24
Diluted EPS (Cont. Ops) $0.77 $1.52 $1.46 $0.09 $0.23
Weighted Average Basic Share $126.4M $114.4M $112.7M $105.1M $96.6M
Weighted Average Diluted Share $129M $115.9M $114.5M $107.1M $98.6M
 
EBITDA -- -- -- -- --
EBIT $128M $227.9M $215.6M $11M $36.2M
 
Revenue (Reported) $968.3M $940.2M $981.3M $1.1B $1.2B
Operating Income (Reported) $151.7M $265.5M $278.2M $79M $189.5M
Operating Income (Adjusted) $128M $227.9M $215.6M $11M $36.2M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $4.1B $3.8B $4B $4.5B $4.5B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -- -- -- -- --
Operating Expenses -$658.2M -$1.1B -$581.9M -$610M -$720.3M
Operating Income $658.2M $1.1B $581.9M $610M $720.3M
 
Net Interest Expenses $95.1M $112.8M $222.7M $256.1M $239.7M
EBT. Incl. Unusual Items $563.1M $916.1M $359.2M $353.9M $382.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $126.1M $207.7M $81M $79.7M $87.7M
Net Income to Company $437M $837.7M $278.2M $274.2M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $437M $708.4M $278.2M $274.2M $294.7M
 
Basic EPS (Cont. Ops) $3.29 $6.05 $2.45 $2.52 $2.92
Diluted EPS (Cont. Ops) $3.23 $5.95 $2.42 $2.48 $2.86
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -- -- --
EBIT $563.1M $916.1M $359.2M $353.9M $382.4M
 
Revenue (Reported) $4.1B $3.8B $4B $4.5B $4.5B
Operating Income (Reported) $658.2M $1.1B $581.9M $610M $720.3M
Operating Income (Adjusted) $563.1M $916.1M $359.2M $353.9M $382.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $3B $2.7B $3B $3.4B $3.4B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -- -- -- -- --
Operating Expenses -$491.4M -$885.7M -$485.6M -$500.2M -$447.8M
Operating Income $491.4M $885.7M $485.6M $500.2M $447.8M
 
Net Interest Expenses $71.8M $89.2M $174.9M $192.4M $177.7M
EBT. Incl. Unusual Items $419.6M $768M $310.7M $307.8M $171.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $94.4M $175.4M $70.5M $69.9M $43.3M
Net Income to Company $325.2M $592.6M $240.2M $237.9M $113.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $325.2M $592.6M $240.2M $237.9M $128.6M
 
Basic EPS (Cont. Ops) $2.48 $5.10 $2.12 $2.20 $1.31
Diluted EPS (Cont. Ops) $2.44 $5.02 $2.09 $2.16 $1.28
Weighted Average Basic Share $391.6M $348.5M $341.5M $321.8M $295.9M
Weighted Average Diluted Share $399.5M $354.2M $344.7M $327.2M $302M
 
EBITDA -- -- -- -- --
EBIT $419.6M $768M $310.7M $307.8M $171.9M
 
Revenue (Reported) $3B $2.7B $3B $3.4B $3.4B
Operating Income (Reported) $491.4M $885.7M $485.6M $500.2M $447.8M
Operating Income (Adjusted) $419.6M $768M $310.7M $307.8M $171.9M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $991.9M $731.7M $644.9M $889M $2B
Short Term Investments $23.4B $24.8B $20.4B $21.5B $7.8B
Accounts Receivable, Net $4.6B $4.4B $4.2B $4B $3.9B
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $1.6B $1B $991.3M $1.3B $3B
 
Property Plant And Equipment $54.7M $48.2M $46.6M $85.3M $90.7M
Long-Term Investments $2.3B $2.4B $2.1B $2.1B $1.9B
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $31.5B $32.6B $28.9B $31.3B $34.2B
 
Accounts Payable -- -- -- -- --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities -$4B -$3.9B -$4.2B -$4B -$3.8B
 
Long-Term Debt $4B $4.1B $3.9B $4.2B $4.6B
Capital Leases -- -- -- -- --
Total Liabilities $26B $27.3B $27.1B $29B $31.7B
 
Common Stock $1.3M $1.2M $1.1M $1.1M $1M
Other Common Equity Adj $2.2B $1.9B -$2B -$1.6B -$1.4B
Common Equity $5.5B $5.3B $1.8B $2.2B $2.5B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $5.5B $5.3B $1.8B $2.2B $2.5B
 
Total Liabilities and Equity $31.5B $32.6B $28.9B $31.3B $34.2B
Cash and Short Terms $23.4B $24.9B $20.4B $22.3B $9.5B
Total Debt $4B $4.3B $4.2B $4.5B $4.8B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $812.6M $553.5M $582.8M $1.2B $1.2B
Short Term Investments $24.1B $20.3B $20.3B $8B --
Accounts Receivable, Net $4.4B $4.3B $4.1B $3.9B --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- $17.5M
Other Current Assets -- -- -- -- --
Total Current Assets $1.2B $912.1M $997M $2.3B $1.8B
 
Property Plant And Equipment -- -- -- -- --
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $31.3B $28.9B $29.6B $34B $34.6B
 
Accounts Payable -- -- -- -- --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities -$3.9B -$3.8B -$3B -$3.8B -$3.7B
 
Long-Term Debt $4B $3.9B $3.1B $3.6B $4.1B
Capital Leases -- -- -- -- --
Total Liabilities $26.1B $27.6B $27.8B $31.3B $32B
 
Common Stock $1.2M $1.1M $1.1M $1M $1M
Other Common Equity Adj $1.9B -$2.2B -$2B -$1.1B --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $5.2B $1.3B $1.9B $2.7B $2.6B
 
Total Liabilities and Equity $31.3B $28.9B $29.6B $34B $34.6B
Cash and Short Terms $24.2B $20.4B $20.8B $9.2B --
Total Debt $4.1B $4.1B $4.1B $4.3B $4.1B
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $301.8M $570.3M $630.6M $276.5M $404M
Depreciation & Amoritzation $303.9M $319.5M $248.5M $267.4M $292.4M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $735.5M $598.3M $495.4M $582.9M $627.7M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$608.4M -$1.5B -$1.8B -$872.3M -$1.5B
 
Dividends Paid (Ex Special Dividend) $67M $65.7M $64.8M $68.1M $67.7M
Special Dividend Paid
Long-Term Debt Issued $643.8M $795.8M $285M $995.5M $1.6B
Long-Term Debt Repaid -$501.9M -$727.8M -$405.7M -$736.8M -$1.2B
Repurchase of Common Stock $268.3M $407.8M $190.1M $166.1M $300.2M
Other Financing Activities $384.5M $1.1B $1.6B $495.8M $2B
Cash From Financing $210.1M $667.6M $1.2B $533.5M $2B
 
Beginning Cash (CF) $991.9M $731.7M $644.9M $889M $2B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $337.2M -$260.2M -$86.8M $244.1M $1.1B
Ending Cash (CF) $1.3B $471.5M $558.1M $1.1B $3.1B
 
Levered Free Cash Flow $735.5M $598.3M $495.4M $582.9M $627.7M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $99.8M $175.9M $167.3M $9.3M --
Depreciation & Amoritzation $67.1M $62.2M $66.6M $74.4M $80.1M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $240.7M $167.5M $182.8M $231.2M $197.8M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$245M -$337.6M -$393.4M -$167.9M -$106.1M
 
Dividends Paid (Ex Special Dividend) $16.3M $16.1M $16.9M $16.8M $16.4M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $327.1M -- $250M $67.5M --
Long-Term Debt Repaid -$227.9M -$11.2M -$82.8M -$286.2M --
Repurchase of Common Stock $120.3M $10.1M $40.2M $89.9M $60.6M
Other Financing Activities $138.4M $139.7M $118.9M $511M --
Cash From Financing $102.1M $104.2M $231.5M $189.9M $333.9M
 
Beginning Cash (CF) $812.6M $553.5M $582.8M $1.2B $1.2B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $97.8M -$65.9M $20.9M $253.2M $425.6M
Ending Cash (CF) $910.4M $487.6M $603.7M $1.5B $1.7B
 
Levered Free Cash Flow $240.7M $167.5M $182.8M $231.2M $197.8M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $437M $837.7M $278.2M $274.2M --
Depreciation & Amoritzation $312.4M $276.9M $262.3M $285.2M $312.8M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $672.7M $453.8M $567.1M $613.4M $671M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$974M -$2.3B -$1.2B -$1.3B -$917.7M
 
Dividends Paid (Ex Special Dividend) $66.5M $64.5M $67.5M $68M $66.4M
Special Dividend Paid
Long-Term Debt Issued $1.2B $285M $970.5M $1.1B --
Long-Term Debt Repaid -$932.3M -$423.4M -$718.8M -$943.7M --
Repurchase of Common Stock $407.9M $280.2M $105.7M $278.8M $362.9M
Other Financing Activities $527.1M $2.1B $524.4M $1.5B --
Cash From Financing $327.3M $1.6B $620.9M $1.3B $243M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $26M -$259.1M $29.3M $662.5M -$3.7M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $672.7M $453.8M $567.1M $613.4M $671M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $325.2M $592.6M $240.2M $237.9M $113.3M
Depreciation & Amoritzation $227.3M $184.7M $198.5M $216.3M $236.7M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $479M $334.5M $406.2M $436.7M $480M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$795.4M -$1.6B -$945.3M -$1.3B -$766.5M
 
Dividends Paid (Ex Special Dividend) $49.9M $48.7M $51.4M $51.3M $50M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $720.8M $210M $895.5M $995.5M $526.8M
Long-Term Debt Repaid -$623.7M -$319.3M -$632.4M -$839.3M -$917.6M
Repurchase of Common Stock $307.8M $180.2M $95.8M $208.5M $271.2M
Other Financing Activities $379.1M $1.4B $350M $1.4B -$175.6M
Cash From Financing $137.1M $1.1B $477M $1.3B -$469.6M
 
Beginning Cash (CF) $2.3B $1.8B $1.7B $2.9B $3.1B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$179.3M -$178.2M -$62.1M $356.3M -$756.1M
Ending Cash (CF) $2.1B $1.6B $1.6B $3.2B $2.3B
 
Levered Free Cash Flow $479M $334.5M $406.2M $436.7M $480M

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