CNO Financial Group vs F&G Annuities & Life
F&G Annuities & Life is the larger business, with $5.73bn of revenue in fiscal 2025 against $4.49bn for CNO Financial Group (1.3 times as much). CNO Financial Group grew faster (0.9% against -0.2%). CNO Financial Group kept more of each dollar of sales as profit: a net margin of 5.1% against 4.6%. F&G Annuities & Life carries less debt relative to equity (47.3% against 51.2%).
| Latest fiscal year | CNO Financial GroupCNO, 2025 | F&G Annuities & LifeFG, 2025 |
|---|---|---|
| Revenue | $4.49bn | $5.73bn |
| Revenue growth | 0.9% | -0.2% |
| Net income | $229m | $265m |
| Operating margin | 12.3% | — |
| Net margin | 5.1% | 4.6% |
| Return on equity | 8.9% | 6.1% |
| Free cash flow | — | — |
| Cash | $984m | $1.49bn |
| Total debt | $1.35bn | $2.27bn |
| Debt to equity | 51.2% | 47.3% |
| Dividend per share | $0.67 | $0.91 |
| Dividend yield | 1.2% | 5.2% |
| Share buybacks | $331m | $10.0m |
| Employees | 3,300 | 1,173 |
| Market value | $5.36bn | $2.82bn |
| Price vs our value range | — | — |
| Moat score | 56 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 34 sales | 5 buys, 0 sales |