CNO CNO Financial Group margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 65

Gross margin

47.6%

Operating margin

16.8%

EBITDA margin

16.8%

Net margin

9.2%

The CNO Financial Group shows a gross margin of 47.6%, an operating margin of 16.8%, an EBITDA margin of 16.8%, and a net margin of 9.2%. Operating margin drove the improvement across the available margins, increasing by 2.1 percentage points.

CNO margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, CNO Financial Group's margins averaged 45.99% gross, 14.96% operating, 14.96% EBITDA, and 7.42% net. All four current margins are above their three-year averages.

CNO margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with operating and EBITDA margins showing the largest gain at 2.1 percentage points.

Gross margin expansion

0.5pp

Operating margin expansion

2.1pp

EBITDA margin expansion

2.1pp

Net margin expansion

2pp

CNO Gross margin

Throughout the last 3 years, CNO Financial Group had an average gross margin of 45.99%. The current gross margin of 47.6% is 1.6 percentage points above its three-year average. Looking back over the last 3 years, CNO Financial Group's gross margin reached 48.3% at its highest point in Jun 2024 and 42.6% at its lowest in Sep 2024.

CNO Operating margin

CNO Financial Group's operating margin averaged 14.96% across the past 3 years. Compared with its three-year average, CNO Financial Group's current operating margin is 16.8% and is 1.8 percentage points above its three-year average. Over the last 3 years, CNO Financial Group's operating margin peaked at 18.6% in Jun 2024 and reached a low of 11.7% in Dec 2025.

CNO EBITDA margin

CNO Financial Group's EBITDA margin averaged 14.96% in the last 3 years. CNO Financial Group's current EBITDA margin is 16.8% and is 1.8 percentage points above its three-year average. Over the last 3 years, CNO Financial Group's EBITDA margin peaked at 18.6% in Jun 2024 and reached a low of 11.7% in Dec 2025.

CNO Net margin

In the last 3 years, CNO Financial Group had an average net margin of 7.42%. Against its three-year average, CNO Financial Group's net margin is currently 9.2%, 1.8 percentage points above its three-year average. Looking back over the last 3 years, CNO Financial Group's net margin reached 10% at its highest point in Jun 2024 and 5.1% at its lowest in Dec 2025.

CNO margin group comparison

Margins compared with peer-group, industry and sector averages

CNO Financial Group's gross margin of 47.6% is higher than its peers average but lower than the Financial Services sector and the industry average. Looking at the Financial Services sector average of 83.5%, CNO Financial Group's gross margin is 43% lower.

CNO margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is CNO Financial Group's gross margin?

The current gross margin for CNO is 47.6% as of Sep 30, 2026.

What is CNO Financial Group's operating margin?

As of Sep 30, 2026, CNO has an operating margin of 16.8%.

What is CNO Financial Group's EBITDA margin?

For the period ending Sep 30, 2026, CNO recorded an EBITDA margin of 16.8%.

What is CNO Financial Group's net margin?

The current net margin for CNO is 9.2% as of Sep 30, 2026.

What are the average margins of CNO?

CNO Financial Group's gross, operating, EBITDA, and net margins averaged 46.0% gross, 15.0% operating, 15.0% EBITDA, and 7.4% net over the last 3 years.

What are the highest historical margins of CNO?

Over the last 5 years, CNO Financial Group's highest margins were 62.2% gross in Sep 2022, 32.5% operating in Sep 2022, 32.5% EBITDA in Sep 2022, and 22.8% net in Sep 2022.

What are the lowest historical margins of CNO?

In the last 5 years, the lowest margins reported by CNO were 42.6% gross in Sep 2024, 11.7% operating in Dec 2025, 11.7% EBITDA in Dec 2025, and 5.1% net in Dec 2025.