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Side-by-side financial comparison of ADVANCE AUTO PARTS INC (AAP) and CNO Financial Group, Inc. (CNO). Click either name above to swap in a different company.

ADVANCE AUTO PARTS INC is the larger business by last-quarter revenue ($2.0B vs $1.1B, roughly 1.7× CNO Financial Group, Inc.). CNO Financial Group, Inc. runs the higher net margin — 8.8% vs 0.3%, a 8.5% gap on every dollar of revenue. On growth, ADVANCE AUTO PARTS INC posted the faster year-over-year revenue change (130.1% vs 4.2%). Over the past eight quarters, CNO Financial Group, Inc.'s revenue compounded faster (-0.6% CAGR vs -15.7%).

Advance Auto Parts, Inc. is an American automotive aftermarket parts provider. Headquartered in Raleigh, North Carolina, it serves professional installer and do it yourself (DIY) customers.

CNO Financial Group, Inc., formerly Conseco, Inc., is an American financial services holding company based in Carmel, Indiana. Its insurance subsidiaries provide life insurance, annuity and supplemental health insurance products to more than four million customers in the United States. These products are distributed through independent agents, career agents and direct to customers through television advertising and direct mail.

AAP vs CNO — Head-to-Head

Bigger by revenue
AAP
AAP
1.7× larger
AAP
$2.0B
$1.1B
CNO
Growing faster (revenue YoY)
AAP
AAP
+125.9% gap
AAP
130.1%
4.2%
CNO
Higher net margin
CNO
CNO
8.5% more per $
CNO
8.8%
0.3%
AAP
Faster 2-yr revenue CAGR
CNO
CNO
Annualised
CNO
-0.6%
-15.7%
AAP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AAP
AAP
CNO
CNO
Revenue
$2.0B
$1.1B
Net Profit
$6.0M
$100.7M
Gross Margin
44.1%
Operating Margin
2.2%
15.2%
Net Margin
0.3%
8.8%
Revenue YoY
130.1%
4.2%
Net Profit YoY
101.4%
-39.4%
EPS (diluted)
$0.10
$1.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAP
AAP
CNO
CNO
Q1 26
$2.0B
Q4 25
$2.0B
$1.1B
Q3 25
$2.0B
$1.2B
Q2 25
$2.6B
$1.2B
Q1 25
$1.0B
Q4 24
$2.1B
$1.1B
Q3 24
$2.2B
$1.1B
Q2 24
$2.8B
$1.1B
Net Profit
AAP
AAP
CNO
CNO
Q1 26
$6.0M
Q4 25
$-1.0M
$100.7M
Q3 25
$15.0M
$23.1M
Q2 25
$24.0M
$91.8M
Q1 25
$13.7M
Q4 24
$-6.0M
$166.1M
Q3 24
$45.0M
$9.3M
Q2 24
$40.0M
$116.3M
Gross Margin
AAP
AAP
CNO
CNO
Q1 26
44.1%
Q4 25
43.3%
Q3 25
43.5%
Q2 25
42.9%
Q1 25
Q4 24
42.3%
Q3 24
43.6%
Q2 24
43.4%
Operating Margin
AAP
AAP
CNO
CNO
Q1 26
2.2%
Q4 25
1.1%
15.2%
Q3 25
1.1%
13.7%
Q2 25
-5.1%
9.8%
Q1 25
10.4%
Q4 24
15.8%
Q3 24
2.5%
13.6%
Q2 24
1.9%
13.9%
Net Margin
AAP
AAP
CNO
CNO
Q1 26
0.3%
Q4 25
-0.0%
8.8%
Q3 25
0.7%
1.9%
Q2 25
0.9%
8.0%
Q1 25
1.4%
Q4 24
-0.3%
15.1%
Q3 24
2.1%
0.8%
Q2 24
1.4%
10.9%
EPS (diluted)
AAP
AAP
CNO
CNO
Q1 26
$0.10
Q4 25
$-0.02
$1.02
Q3 25
$0.25
$0.24
Q2 25
$0.40
$0.91
Q1 25
$0.13
Q4 24
$-0.10
$1.58
Q3 24
$0.75
$0.09
Q2 24
$0.67
$1.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAP
AAP
CNO
CNO
Cash + ST InvestmentsLiquidity on hand
$3.1B
Total DebtLower is stronger
$3.4B
Stockholders' EquityBook value
$2.2B
$2.6B
Total Assets
$11.8B
$38.8B
Debt / EquityLower = less leverage
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAP
AAP
CNO
CNO
Q1 26
$3.1B
Q4 25
$3.2B
Q3 25
$1.7B
Q2 25
$1.7B
Q1 25
Q4 24
$464.5M
Q3 24
$479.4M
Q2 24
$451.0M
Total Debt
AAP
AAP
CNO
CNO
Q1 26
$3.4B
Q4 25
$3.4B
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.8B
Stockholders' Equity
AAP
AAP
CNO
CNO
Q1 26
$2.2B
Q4 25
$2.2B
$2.6B
Q3 25
$2.2B
$2.6B
Q2 25
$2.2B
$2.5B
Q1 25
$2.5B
Q4 24
$2.6B
$2.5B
Q3 24
$2.6B
$2.7B
Q2 24
$2.6B
$2.4B
Total Assets
AAP
AAP
CNO
CNO
Q1 26
$11.8B
Q4 25
$12.1B
$38.8B
Q3 25
$10.5B
$38.3B
Q2 25
$10.6B
$37.3B
Q1 25
$37.4B
Q4 24
$12.5B
$37.9B
Q3 24
$12.3B
$37.6B
Q2 24
$12.2B
$36.3B
Debt / Equity
AAP
AAP
CNO
CNO
Q1 26
1.55×
Q4 25
1.55×
Q3 25
0.81×
Q2 25
0.81×
Q1 25
Q4 24
0.69×
Q3 24
0.69×
Q2 24
0.70×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAP
AAP
CNO
CNO
Operating Cash FlowLast quarter
$72.0M
$195.7M
Free Cash FlowOCF − Capex
$-21.0M
FCF MarginFCF / Revenue
-1.1%
Capex IntensityCapex / Revenue
4.7%
Cash ConversionOCF / Net Profit
12.00×
1.94×
TTM Free Cash FlowTrailing 4 quarters
$-298.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAP
AAP
CNO
CNO
Q1 26
$72.0M
Q4 25
$-12.0M
$195.7M
Q3 25
$50.0M
$197.8M
Q2 25
$-156.0M
$145.5M
Q1 25
$136.7M
Q4 24
$70.0M
$191.0M
Q3 24
$85.0M
$231.2M
Q2 24
$3.0M
$110.9M
Free Cash Flow
AAP
AAP
CNO
CNO
Q1 26
$-21.0M
Q4 25
$-76.0M
Q3 25
$-3.0M
Q2 25
$-198.0M
Q1 25
Q4 24
$27.0M
Q3 24
$44.0M
Q2 24
$-43.0M
FCF Margin
AAP
AAP
CNO
CNO
Q1 26
-1.1%
Q4 25
-3.7%
Q3 25
-0.1%
Q2 25
-7.7%
Q1 25
Q4 24
1.3%
Q3 24
2.0%
Q2 24
-1.6%
Capex Intensity
AAP
AAP
CNO
CNO
Q1 26
4.7%
Q4 25
3.1%
Q3 25
2.6%
Q2 25
1.6%
Q1 25
Q4 24
2.0%
Q3 24
1.9%
Q2 24
1.7%
Cash Conversion
AAP
AAP
CNO
CNO
Q1 26
12.00×
Q4 25
1.94×
Q3 25
3.33×
8.56×
Q2 25
-6.50×
1.58×
Q1 25
9.98×
Q4 24
1.15×
Q3 24
1.89×
24.86×
Q2 24
0.07×
0.95×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAP
AAP

Segment breakdown not available.

CNO
CNO

Health Insurance Product Line$496.4M43%
Life Insurance Segment$268.8M24%
Other$207.2M18%
Life And Annuity Insurance Product Line$170.7M15%

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