CNO Financial Group (FRA:COS) 3-Year ROIIC % : -6.78% (As of Dec. 2025)


FRA:COS CNO Financial Group Inc FRA:COS
68 GF Score
Price €45.40
GF Value €34.65
! 8 Warning Signs
View Full Analysis

What is CNO Financial Group 3-Year ROIIC %?

CNO Financial Group FRA:COS +2.71% 68 3-Year ROIIC % is -6.78 as of Dec. 2025. GuruFocus rates FRA:COS with a GF Score™ of 68/100 and a GF Value™ of €34.65. The stock has 8 warning signs investors should review. Among 332 Insurance companies, CNO Financial Group ranks worse than 84.94% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. CNO Financial Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -6.78%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for CNO Financial Group's 3-Year ROIIC % or its related term are showing as below:

FRA:COS's 3-Year ROIIC % is ranked worse than
84.94% of 332 companies
in the Insurance industry
Industry Median: 5.275 vs FRA:COS: -6.78

CNO Financial Group  (FRA:COS) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


CNO Financial Group 3-Year ROIIC % Related Terms


CNO Financial Group 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for CNO Financial Group's 3-Year ROIIC % 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 3-Year ROIIC % Chart

CNO Financial Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.10 -60.26 -6.31 -24.44 -6.78

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
3-Year ROIIC % 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 0.00 0.00 0.00 -6.78 0.00

FRA:COS vs BHF, GNW, FG: 3-Year ROIIC % Comparison

For the Insurance - Life subindustry, CNO Financial Group's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Insurance Industry

For the Insurance industry and Financial Services sector, CNO Financial Group's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where CNO Financial Group's 3-Year ROIIC % falls into.


FRA:COS
68GF Score
CNO Financial Group Inc FRA:COS
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CNO Financial Group 3-Year ROIIC % Calculation

CNO Financial Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 349.918188 (Dec. 2025) - 695.1503192 (Dec. 2022) )/( 32502.275 (Dec. 2025) - 31381.14595 (Dec. 2022) )
=-345.2321312/1121.12905
=-30.79%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -6.78 mean?
CNO Financial Group (FRA:COS) has a 3-Year ROIIC % of -6.78 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on CNO Financial Group and its competitors. According to the industry distribution chart, CNO Financial Group ranks #282 out of 332 companies in the Insurance industry, placing it in the top 84.9%.
Is CNO Financial Group's 3-Year ROIIC % too high?
CNO Financial Group's current 3-Year ROIIC % is -6.78. Based on the distribution chart, CNO Financial Group ranks #282 out of 332 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, CNO Financial Group has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does CNO Financial Group's 3-Year ROIIC % compare to BHF and GNW?
According to the Insurance industry distribution chart, CNO Financial Group ranks #282 out of 332 companies for 3-Year ROIIC %. This places CNO Financial Group in the lower half of its industry. The industry median 3-Year ROIIC % is 5.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Insurance company?
The median 3-Year ROIIC % among Insurance companies is 5.28, based on 332 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on CNO Financial Group and its competitors. For the Insurance industry, the median 3-Year ROIIC % is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNO Financial Group's current 3-Year ROIIC % is -6.78. 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?
CNO Financial Group (FRA:COS) has a current 3-Year ROIIC % of -6.78. The stock's GF Value™ is €34.65, compared to a current price of €45.40 — trading 31% above its estimated fair value. The current 3-Year ROIIC % is -6.78. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For CNO Financial Group (FRA:COS), the current 3-Year ROIIC % is -6.78 as of Dec. 2025. 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 (FRA:COS) Overvalued in 2026?

Based on GuruFocus' analysis, CNO Financial Group stock appears to be overvalued. The current stock price of €45.40 is trading 31% above its estimated GF Value™ of €34.65.

Key valuation signals for FRA:COS:

  • 3-Year ROIIC %: -6.78
  • GF Value™: €34.65 vs. price of €45.40 (31% above fair value)
  • GF Score™: 68/100 with 8 warning signs

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


CNO Financial Group Business Description

Other Exchanges CNO:USA
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 FRA:COS

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

€45.40
Price
€34.65
GF Value