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CNO Financial vs Principal Financial: revenue, profit, margins and growth compared

CNO Financial brought in $4.5B of revenue in fiscal 2025, Principal Financial $15.6B in fiscal 2025. Revenue changed by +0.9% at CNO Financial and -3.1% at Principal Financial on the year before, so CNO Financial grew faster. CNO Financial kept 5.1% of its revenue as net profit, Principal Financial 7.6%.

Side by side, latest fiscal year

CNOPFG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$4.5B$15.6B
Revenue growth+0.9%-3.1%
Net income$229.3M$1.2B
Net margin5.1%7.6%
Free cash flown/an/a
Free cash flow marginn/an/a
Earnings per share (diluted)$2.30$5.25
Cash$983.5M$4.4B
Debtn/a$3.9B
Price to earnings23.521.9
Market value$5B$24.6B
Dividend yield1.24%2.68%
Rank by revenue in sector#103 of 444 · Finance#41 of 444 · Finance

Over the years

Revenue
CNO FY2018: $4.3BCNO FY2019: $4BCNO FY2020: $3.8BCNO FY2021: $4.1BCNO FY2022: $3.6BCNO FY2023: $4.1BCNO FY2024: $4.4BCNO FY2025: $4.5BPFG FY2018: $14.2BPFG FY2019: $16.2BPFG FY2020: $14.7BPFG FY2021: $14.4BPFG FY2022: $17.5BPFG FY2023: $13.7BPFG FY2024: $16.1BPFG FY2025: $15.6BFY18FY19FY20FY21FY22FY23FY24FY25
CNO $4.5BPFG $15.6B
Net income
CNO FY2018: -$315MCNO FY2019: $409.4MCNO FY2020: $301.8MCNO FY2021: $570.3MCNO FY2022: $630.6MCNO FY2023: $276.5MCNO FY2024: $420.8MCNO FY2025: $229.3MPFG FY2018: $1.5BPFG FY2019: $1.4BPFG FY2020: $1.4BPFG FY2021: $1.6BPFG FY2022: $4.8BPFG FY2023: $623.2MPFG FY2024: $1.6BPFG FY2025: $1.2BFY18FY19FY20FY21FY22FY23FY24FY25
CNO $229.3MPFG $1.2B
Net margin
CNO FY2018: -7.3%CNO FY2019: 10.2%CNO FY2020: 7.9%CNO FY2021: 13.8%CNO FY2022: 17.6%CNO FY2023: 6.7%CNO FY2024: 9.5%CNO FY2025: 5.1%PFG FY2018: 10.9%PFG FY2019: 8.6%PFG FY2020: 9.5%PFG FY2021: 11.0%PFG FY2022: 27.1%PFG FY2023: 4.6%PFG FY2024: 9.7%PFG FY2025: 7.6%FY18FY19FY20FY21FY22FY23FY24FY25
CNO 5.1%PFG 7.6%
Revenue growth
CNO FY2019: -6.9%CNO FY2020: -4.8%CNO FY2021: +7.9%CNO FY2022: -13.2%CNO FY2023: +15.9%CNO FY2024: +7.3%CNO FY2025: +0.9%PFG FY2019: +13.9%PFG FY2020: -9.1%PFG FY2021: -2.1%PFG FY2022: +21.5%PFG FY2023: -22.1%PFG FY2024: +18.0%PFG FY2025: -3.1%FY19FY20FY21FY22FY23FY24FY25
CNO +0.9%PFG -3.1%

Fiscal years as each company reports them; the two may end in different months.

Questions about CNO Financial and Principal Financial

Which is bigger by revenue, CNO Financial or Principal Financial?

Principal Financial is bigger by revenue: $15.6B in fiscal 2025, against $4.5B for CNO Financial in fiscal 2025.

Which keeps more of its revenue as profit, CNO Financial or Principal Financial?

CNO Financial had a net margin of 5.1% in fiscal 2025; Principal Financial had 7.6% in fiscal 2025.

Which grew revenue faster, CNO Financial or Principal Financial?

In their latest fiscal years revenue changed by +0.9% at CNO Financial and -3.1% at Principal Financial.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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