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Side-by-side financial comparison of CNA FINANCIAL CORP (CNA) and Concentra Group Holdings Parent, Inc. (CON). Click either name above to swap in a different company.

Concentra Group Holdings Parent, Inc. is the larger business by last-quarter revenue ($539.1M vs $389.0M, roughly 1.4× CNA FINANCIAL CORP). CNA FINANCIAL CORP runs the higher net margin — 77.6% vs 6.4%, a 71.2% gap on every dollar of revenue. CNA FINANCIAL CORP produced more free cash flow last quarter ($542.0M vs $98.5M).

CNA Financial Corporation is a financial corporation based in Chicago, Illinois, United States. Its principal subsidiary, Continental Casualty Company (CCC), was founded in 1897, and The Continental Insurance Company (CIC) was organized in 1853. CNA, the current parent company, was incorporated in 1967.

Concentra Inc., is a national health care establishment centered around occupational health. It was founded in 1979 in Amarillo, Texas, and the headquarters of the corporation is in Addison, Texas. It runs 627 occupational health centers and 410 onsite health clinics at employer worksites across 47 states. According to the Bureau of Labor Statistics, Concentra treats one out of every seven occupational injuries in the United States. It is currently a publicly traded company with over 80% of t...

CNA vs CON — Head-to-Head

Bigger by revenue
CON
CON
1.4× larger
CON
$539.1M
$389.0M
CNA
Higher net margin
CNA
CNA
71.2% more per $
CNA
77.6%
6.4%
CON
More free cash flow
CNA
CNA
$443.5M more FCF
CNA
$542.0M
$98.5M
CON

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CNA
CNA
CON
CON
Revenue
$389.0M
$539.1M
Net Profit
$302.0M
$34.7M
Gross Margin
Operating Margin
97.2%
12.9%
Net Margin
77.6%
6.4%
Revenue YoY
-2.0%
Net Profit YoY
1338.1%
EPS (diluted)
$1.11
$0.27

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
CNA
CNA
CON
CON
Q4 25
$389.0M
$539.1M
Q3 25
$393.0M
$572.8M
Q2 25
$398.0M
$550.8M
Q1 25
$397.0M
$500.8M
Q4 24
$397.0M
Q3 24
$401.0M
$489.6M
Q2 24
$404.0M
$477.9M
Q1 24
$407.0M
Net Profit
CNA
CNA
CON
CON
Q4 25
$302.0M
$34.7M
Q3 25
$403.0M
$48.3M
Q2 25
$299.0M
$44.6M
Q1 25
$274.0M
$38.9M
Q4 24
$21.0M
Q3 24
$283.0M
$44.3M
Q2 24
$317.0M
$51.7M
Q1 24
$338.0M
Operating Margin
CNA
CNA
CON
CON
Q4 25
97.2%
12.9%
Q3 25
16.5%
Q2 25
95.5%
16.3%
Q1 25
87.9%
16.0%
Q4 24
5.3%
Q3 24
90.0%
17.6%
Q2 24
99.5%
17.6%
Q1 24
Net Margin
CNA
CNA
CON
CON
Q4 25
77.6%
6.4%
Q3 25
102.5%
8.4%
Q2 25
75.1%
8.1%
Q1 25
69.0%
7.8%
Q4 24
5.3%
Q3 24
70.6%
9.1%
Q2 24
78.5%
10.8%
Q1 24
83.0%
EPS (diluted)
CNA
CNA
CON
CON
Q4 25
$1.11
$0.27
Q3 25
$1.48
$0.38
Q2 25
$1.10
$0.35
Q1 25
$1.00
$0.30
Q4 24
$0.07
Q3 24
$1.04
$0.37
Q2 24
$1.17
$0.50
Q1 24
$1.24

Balance Sheet & Financial Strength

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

Metric
CNA
CNA
CON
CON
Cash + ST InvestmentsLiquidity on hand
$79.9M
Total DebtLower is stronger
$3.0B
$1.6B
Stockholders' EquityBook value
$11.6B
$393.3M
Total Assets
$69.4B
$2.9B
Debt / EquityLower = less leverage
0.26×
3.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNA
CNA
CON
CON
Q4 25
$79.9M
Q3 25
$49.9M
Q2 25
$73.9M
Q1 25
$52.1M
Q4 24
Q3 24
$136.8M
Q2 24
$50.7M
Q1 24
Total Debt
CNA
CNA
CON
CON
Q4 25
$3.0B
$1.6B
Q3 25
$1.6B
Q2 25
$1.7B
Q1 25
$1.6B
Q4 24
$3.0B
Q3 24
$1.5B
Q2 24
$3.0M
Q1 24
Stockholders' Equity
CNA
CNA
CON
CON
Q4 25
$11.6B
$393.3M
Q3 25
$11.3B
$385.5M
Q2 25
$10.7B
$342.6M
Q1 25
$10.3B
$307.1M
Q4 24
$10.5B
Q3 24
$10.8B
$277.8M
Q2 24
$9.9B
$1.2B
Q1 24
$9.7B
Total Assets
CNA
CNA
CON
CON
Q4 25
$69.4B
$2.9B
Q3 25
$69.8B
$2.8B
Q2 25
$68.9B
$2.8B
Q1 25
$67.3B
$2.7B
Q4 24
$66.5B
Q3 24
$67.4B
$2.5B
Q2 24
$65.2B
$2.4B
Q1 24
$65.1B
Debt / Equity
CNA
CNA
CON
CON
Q4 25
0.26×
3.98×
Q3 25
4.15×
Q2 25
4.82×
Q1 25
5.27×
Q4 24
0.28×
Q3 24
5.30×
Q2 24
0.00×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
CNA
CNA
CON
CON
Operating Cash FlowLast quarter
$570.0M
$118.7M
Free Cash FlowOCF − Capex
$542.0M
$98.5M
FCF MarginFCF / Revenue
139.3%
18.3%
Capex IntensityCapex / Revenue
7.2%
3.7%
Cash ConversionOCF / Net Profit
1.89×
3.42×
TTM Free Cash FlowTrailing 4 quarters
$2.4B
$197.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNA
CNA
CON
CON
Q4 25
$570.0M
$118.7M
Q3 25
$720.0M
$60.6M
Q2 25
$562.0M
$88.4M
Q1 25
$638.0M
$11.7M
Q4 24
$703.0M
Q3 24
$748.0M
$65.9M
Q2 24
$616.0M
Q1 24
$504.0M
Free Cash Flow
CNA
CNA
CON
CON
Q4 25
$542.0M
$98.5M
Q3 25
$704.0M
$39.4M
Q2 25
$538.0M
$63.2M
Q1 25
$620.0M
$-4.0M
Q4 24
$665.0M
Q3 24
$730.0M
$50.8M
Q2 24
$597.0M
Q1 24
$484.0M
FCF Margin
CNA
CNA
CON
CON
Q4 25
139.3%
18.3%
Q3 25
179.1%
6.9%
Q2 25
135.2%
11.5%
Q1 25
156.2%
-0.8%
Q4 24
167.5%
Q3 24
182.0%
10.4%
Q2 24
147.8%
Q1 24
118.9%
Capex Intensity
CNA
CNA
CON
CON
Q4 25
7.2%
3.7%
Q3 25
4.1%
3.7%
Q2 25
6.0%
4.6%
Q1 25
4.5%
3.1%
Q4 24
9.6%
Q3 24
4.5%
3.1%
Q2 24
4.7%
Q1 24
4.9%
Cash Conversion
CNA
CNA
CON
CON
Q4 25
1.89×
3.42×
Q3 25
1.79×
1.26×
Q2 25
1.88×
1.98×
Q1 25
2.33×
0.30×
Q4 24
33.48×
Q3 24
2.64×
1.49×
Q2 24
1.94×
Q1 24
1.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CNA
CNA

Segment breakdown not available.

CON
CON

Occupational Health Center Workers Compensation$328.5M61%
Occupational Health Center Employer Services$151.9M28%
Onsite Health Clinics$36.2M7%
Other Businesses$12.3M2%
Occupational Health Center Consumer Health$8.1M2%
Occupational Health Center Other$2.1M0%

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