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CNA Financial (CNA Financial) Pretax Margin % : 13.37% (As of Dec. 2023)


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What is CNA Financial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CNA Financial's Pre-Tax Income for the three months ended in Dec. 2023 was $460 Mil. CNA Financial's Revenue for the three months ended in Dec. 2023 was $3,441 Mil. Therefore, CNA Financial's pretax margin for the quarter that ended in Dec. 2023 was 13.37%.

The historical rank and industry rank for CNA Financial's Pretax Margin % or its related term are showing as below:

CNA' s Pretax Margin % Range Over the Past 10 Years
Min: 6.03   Med: 11.47   Max: 13.73
Current: 11.57


CNA's Pretax Margin % is ranked better than
57.61% of 486 companies
in the Insurance industry
Industry Median: 9.835 vs CNA: 11.57

CNA Financial Pretax Margin % Historical Data

The historical data trend for CNA Financial's Pretax Margin % 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.

* Premium members only.

CNA Financial Pretax Margin % Chart

CNA Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.36 7.68 12.66 6.85 11.57

CNA Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % 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 9.09 11.86 11.11 9.85 13.37

Competitive Comparison of CNA Financial's Pretax Margin %

For the Insurance - Property & Casualty subindustry, CNA Financial's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


CNA Financial's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, CNA Financial's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where CNA Financial's Pretax Margin % falls into.



CNA Financial Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

CNA Financial's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1518/13125
=11.57 %

CNA Financial's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=460/3441
=13.37 %

* 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.


CNA Financial  (NYSE:CNA) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


CNA Financial Pretax Margin % Related Terms

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CNA Financial (CNA Financial) Business Description

Traded in Other Exchanges
Address
151 N. Franklin Street, Chicago, IL, USA, 60606
CNA Financial Corporation (CNAF) is an insurance holding company that provides commercial property and casualty insurance. The company operates under five segments: Specialty, Commercial and International being its core business and two segments for its non-core businesses, which are Life and Group and Corporate and Other. CNAF, through its segments, provides professional, financial, specialty property and casualty products to small businesses and medium scale organizations. It has its business spread across Continental Europe, United Kingdom, and Canada. The majority of the revenues are generated from the Specialty and Commercial segment of the business.
Executives
Douglas Worman officer: EVP & Chief Underwriting Off 151 N. FRANKLIN, CHICAGO IL 60606
Susan Ann Stone officer: EVP & General Counsel 151 N. FRANKLIN ST., CHICAGO IL 60606
Loews Corp 10 percent owner 9 WEST 57TH STREET, NEW YORK NY 10019-2714
Jane Elizabeth Possell officer: EVP & CIO 151 N. FRANKLIN ST., CHICAGO IL 60606
Mark Steven James officer: EVP, Chief Risk & Rein Off 151 N. FRANKLIN STREET, CHICAGO IL 60606
Daniel Paul Franzetti officer: EVP, Claims 151 N. FRANKLIN ST., CHICAGO IL 60606
Michael A Bless director C/O ROCKWELL INTERNATIONAL INC, 777 E. WISCONSIN AVE #1400, MILWAUKEE WI 53202
Scott R Lindquist officer: EVP & CFO 151 N. FRANKLIN STREET, CHICAGO IL 60606
Amy Marie Smith officer: SVP & CAO 151 N. FRANKLIN STREET, CHICAGO IL 60606
Elizabeth Ann Aguinaga officer: EVP, Chief HR Officer 151 N. FRANKLIN, CHICAGO IL 60606
Gary Haase officer: EVP & COO 151 N. FRANKLIN ST., CHICAGO IL 60606
Dino Robusto director, officer: Chairman & CEO 151 N. FRANKLIN, CHICAGO IL 60606
Jalil Rehman officer: Pres. & CEO for UK and Europe 20 FENCHURCH STREET, LONDON X0 EC3M 3BY
Nick Creatura officer: President & CEO for Canada 66 WELLINGTON STREET WEST, SUITE 3700, TORONTO A6 M5K 1J5
Robert Joseph Hopper officer: EVP, Actuary 151 N. FRANKLIN ST., CHICAGO IL 60606