CNO (CNO Financial Group) EBIT: $534 Mil (TTM As of Mar. 2026)


CNO CNO Financial Group Inc CNO
68 GF Score
Price $51.90
GF Value $40.10
Valuation Modestly Overvalued
! 8 Warning Signs
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What is CNO Financial Group EBIT?

CNO Financial Group CNO -0.46% 68 EBIT is $534 Mil as of Mar. 2026. GuruFocus rates CNO with a GF Score™ of 68/100 and a GF Value™ of $40.10 (Modestly Overvalued). The stock has 8 warning signs investors should review.

CNO Financial Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $99 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $534 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CNO Financial Group's annualized ROC % for the quarter that ended in Mar. 2026 was 0.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CNO Financial Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.66%.


CNO Financial Group  (NYSE:CNO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

CNO Financial Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=397.2 * ( 1 - 22.11% )/( (37891.655 + 37885.38)/ 2 )
=309.37908/37888.5175
=0.82 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=38790.6 - 0 - ( 956.1 - 5% * 1143.1 )
=37891.655

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=38963.4 - 0 - ( 1129.5 - 5% * 1029.6 )
=37885.38

Note: The EBIT data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

CNO Financial Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=533.8/8017.387
=6.66 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CNO Financial Group EBIT Related Terms


CNO Financial Group EBIT Historical Data

* Premium members only.

The historical data trend for CNO Financial Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CNO Financial Group EBIT Chart

CNO Financial Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 828.50 953.50 595.40 794.30 524.30

CNO Financial Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 89.80 177.10 92.80 164.60 99.30

CNO vs FG, BHF, GNW: EBIT Comparison

For the Insurance - Life subindustry, CNO Financial Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CNO Financial Group EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, CNO Financial Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CNO Financial Group's EV-to-EBIT falls into.


CNO
68GF Score
CNO Financial Group Inc CNO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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CNO Financial Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $534 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $534 Mil mean?
CNO Financial Group (CNO) has a EBIT of $534 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CNO Financial Group.
Is CNO Financial Group's EBIT too high?
CNO Financial Group's current EBIT is $534 Mil. Overall, CNO Financial Group has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CNO Financial Group's EBIT compare to FG and BHF?
CNO Financial Group's EBIT of $534 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Insurance company?
A good EBIT depends on the Insurance industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CNO Financial Group. CNO Financial Group's current EBIT is $534 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNO Financial Group stock overvalued right now?
Based on GuruFocus' analysis, CNO Financial Group (CNO) is currently considered Modestly Overvalued. The stock's GF Value™ is $40.10, compared to a current price of $51.90 — trading 29.4% above its estimated fair value. The current EBIT is $534 Mil. CNO Financial Group's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For CNO Financial Group (CNO), the current EBIT is $534 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CNO Financial Group (CNO) Overvalued in 2026?

Based on GuruFocus' analysis, CNO Financial Group stock appears to be overvalued. The current stock price of $51.90 is trading 29.4% above its estimated GF Value™ of $40.10. GuruFocus considers CNO Financial Group to be Modestly Overvalued.

Key valuation signals for CNO:

  • EBIT: $534 Mil
  • GF Value™: $40.10 vs. price of $51.90 (29.4% above fair value)
  • GF Score™: 68/100 with 8 warning signs

No single metric tells the full story. See the CNO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CNO Financial Group Business Description

Address 11299 Illinois Street, Carmel, IN, USA, 46032
CNO Financial Group Inc is a holding company for a group of insurance companies that develop, market and administer health insurance, annuity, individual life insurance and other insurance and financial services products. Consumers are served through the phone, online, mail, face-to-face with agents, or sales channels. The company's operating segments include annuity, health, and life insurance product lines as well as the investment and fee revenue segments. Maximum revenue is generated from the health product line segment. Annuity premiums account for the majority of the total premiums collected. Annuity products include fixed index annuities, traditional fixed-rate annuities, and single-premium immediate annuity products.
68GF Score

Get the complete analysis for CNO

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$51.90
Price
$40.10
GF Value