CNA Net Income from 2010 to 2024
| CNA Stock | USD 43.26 0.05 0.12% |
Net Income | First Reported 1985-09-30 | Previous Quarter 258 M | Current Value 367 M | Quarterly Volatility 266.9 M |
Check CNA Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CNA main balance sheet or income statement drivers, such as Interest Expense of 132.6 M, Total Revenue of 12 B or Gross Profit of 12 B, as well as many exotic indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.072 or PTB Ratio of 1.67. CNA financial statements analysis is a perfect complement when working with CNA Financial Valuation or Volatility modules.
CNA | Net Income |
Latest CNA Financial's Net Income Growth Pattern
Below is the plot of the Net Income of CNA Financial over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in CNA Financial financial statement analysis. It represents the amount of money remaining after all of CNA Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is CNA Financial's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CNA Financial's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.21 B | 10 Years Trend |
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Net Income |
| Timeline |
CNA Net Income Regression Statistics
| Arithmetic Mean | 802,556,667 | |
| Geometric Mean | 737,686,453 | |
| Coefficient Of Variation | 36.06 | |
| Mean Deviation | 220,506,222 | |
| Median | 813,000,000 | |
| Standard Deviation | 289,389,323 | |
| Sample Variance | 83746.2T | |
| Range | 1.1B | |
| R-Value | 0.73 | |
| Mean Square Error | 42688.9T | |
| R-Squared | 0.53 | |
| Significance | 0 | |
| Slope | 46,960,893 | |
| Total Sum of Squares | 1172446.5T |
CNA Net Income History
Other Fundumenentals of CNA Financial
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
CNA Financial Net Income component correlations
About CNA Financial Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include CNA Financial income statement, its balance sheet, and the statement of cash flows. CNA Financial investors use historical funamental indicators, such as CNA Financial's Net Income, to determine how well the company is positioned to perform in the future. Although CNA Financial investors may use each financial statement separately, they are all related. The changes in CNA Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CNA Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CNA Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CNA Financial. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income | 1.2 B | 1.3 B | |
| Net Income Applicable To Common Shares | 1 B | 803 M | |
| Net Income From Continuing Ops | 1.3 B | 986.2 M | |
| Net Income Per Share | 4.44 | 4.66 | |
| Net Income Per E B T | 0.79 | 1.05 |
Pair Trading with CNA Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CNA Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CNA Financial will appreciate offsetting losses from the drop in the long position's value.Moving against CNA Stock
| 0.44 | GBLI | Global Indemnity PLC Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to CNA Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CNA Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CNA Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CNA Financial to buy it.
The correlation of CNA Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CNA Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CNA Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CNA Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of CNA Financial Correlation against competitors. For information on how to trade CNA Stock refer to our How to Trade CNA Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for CNA Stock analysis
When running CNA Financial's price analysis, check to measure CNA Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CNA Financial is operating at the current time. Most of CNA Financial's value examination focuses on studying past and present price action to predict the probability of CNA Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNA Financial's price. Additionally, you may evaluate how the addition of CNA Financial to your portfolios can decrease your overall portfolio volatility.
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Is CNA Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CNA Financial. If investors know CNA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CNA Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.532 | Dividend Share 1.68 | Earnings Share 4.43 | Revenue Per Share 49.02 | Quarterly Revenue Growth 0.127 |
The market value of CNA Financial is measured differently than its book value, which is the value of CNA that is recorded on the company's balance sheet. Investors also form their own opinion of CNA Financial's value that differs from its market value or its book value, called intrinsic value, which is CNA Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CNA Financial's market value can be influenced by many factors that don't directly affect CNA Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CNA Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNA Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNA Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.