CNO CNO Financial Group margins

Relative Growth: Rel. Growth: 55

Relative Strength: Rel. Strength: 82

Relative Valuation: Rel. Valuation: 63

Relative Profitability: Rel. Profitability: 49

Gross margin

45%

Operating margin

12.3%

EBITDA margin

12.3%

Net margin

The CNO Financial Group shows a gross margin of 45%, an operating margin of 12.3%, an EBITDA margin of 12.3%, and a net margin of 6%. Operating margin drove the decline across the available margins, decreasing by 2.3 percentage points.

CNO margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, CNO Financial Group's margins averaged 45.85% gross, 14.79% operating, 14.79% EBITDA, and 7.25% net. Each of the four current margins is below its three-year average.

CNO margin expansion

Year-over-year margin changes in percentage points

The largest decrease was in operating and EBITDA margins, which fell by 2.3 percentage points. The other available margins also declined.

Gross margin expansion

-0.1pp

Operating margin expansion

-2.3pp

EBITDA margin expansion

-2.3pp

Net margin expansion

-1pp

CNO Gross margin

Throughout the last 3 years, CNO Financial Group had an average gross margin of 45.85%. The current gross margin of 45% is 0.9 percentage points below 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 14.79% across the past 3 years. Compared with its three-year average, CNO Financial Group's current operating margin is 12.3% and is 2.5 percentage points below 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 14.79% in the last 3 years. CNO Financial Group's current EBITDA margin is 12.3% and is 2.5 percentage points below 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 7.25%. Against its three-year average, CNO Financial Group's net margin is currently 6%, 1.3 percentage points below 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 45% 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 83.7%, CNO Financial Group's gross margin is 46% 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 45% as of Jun 30, 2026.

What is CNO Financial Group's operating margin?

As of Jun 30, 2026, CNO has an operating margin of 12.3%.

What is CNO Financial Group's EBITDA margin?

For the period ending Jun 30, 2026, CNO recorded an EBITDA margin of 12.3%.

What is CNO Financial Group's net margin?

The current net margin for CNO is 6% as of Jun 30, 2026.

What are the average margins of CNO?

CNO Financial Group's gross, operating, EBITDA, and net margins averaged 45.9% gross, 14.8% operating, 14.8% EBITDA, and 7.3% 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.