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Side-by-side financial comparison of CNA FINANCIAL CORP (CNA) and WARRIOR MET COAL, INC. (HCC). Click either name above to swap in a different company.

WARRIOR MET COAL, INC. is the larger business by last-quarter revenue ($458.6M vs $389.0M, roughly 1.2× CNA FINANCIAL CORP). CNA FINANCIAL CORP runs the higher net margin — 77.6% vs 15.8%, a 61.9% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (52.1% vs -2.0%). Over the past eight quarters, WARRIOR MET COAL, INC.'s revenue compounded faster (7.5% CAGR vs -2.2%).

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.

Warrior Met Coal, Inc. (ticker HCC) is a U.S.-headquartered mining enterprise that produces and distributes high-grade metallurgical coal, a key raw material for steel production. It serves steel manufacturers and industrial clients across core markets including North America, Europe, and Asia.

CNA vs HCC — Head-to-Head

Bigger by revenue
HCC
HCC
1.2× larger
HCC
$458.6M
$389.0M
CNA
Growing faster (revenue YoY)
HCC
HCC
+54.1% gap
HCC
52.1%
-2.0%
CNA
Higher net margin
CNA
CNA
61.9% more per $
CNA
77.6%
15.8%
HCC
Faster 2-yr revenue CAGR
HCC
HCC
Annualised
HCC
7.5%
-2.2%
CNA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CNA
CNA
HCC
HCC
Revenue
$389.0M
$458.6M
Net Profit
$302.0M
$72.3M
Gross Margin
36.7%
Operating Margin
97.2%
17.3%
Net Margin
77.6%
15.8%
Revenue YoY
-2.0%
52.1%
Net Profit YoY
1338.1%
EPS (diluted)
$1.11
$1.37

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
HCC
HCC
Q1 26
$458.6M
Q4 25
$389.0M
$384.0M
Q3 25
$393.0M
$328.6M
Q2 25
$398.0M
$297.5M
Q1 25
$397.0M
$299.9M
Q4 24
$397.0M
$297.5M
Q3 24
$401.0M
$327.7M
Q2 24
$404.0M
$396.5M
Net Profit
CNA
CNA
HCC
HCC
Q1 26
$72.3M
Q4 25
$302.0M
$23.0M
Q3 25
$403.0M
$36.6M
Q2 25
$299.0M
$5.6M
Q1 25
$274.0M
$-8.2M
Q4 24
$21.0M
$1.1M
Q3 24
$283.0M
$41.8M
Q2 24
$317.0M
$70.7M
Gross Margin
CNA
CNA
HCC
HCC
Q1 26
36.7%
Q4 25
29.5%
Q3 25
27.1%
Q2 25
23.9%
Q1 25
18.1%
Q4 24
23.1%
Q3 24
29.3%
Q2 24
34.1%
Operating Margin
CNA
CNA
HCC
HCC
Q1 26
17.3%
Q4 25
97.2%
9.0%
Q3 25
6.3%
Q2 25
95.5%
2.6%
Q1 25
87.9%
-5.8%
Q4 24
5.3%
-1.4%
Q3 24
90.0%
11.9%
Q2 24
99.5%
17.9%
Net Margin
CNA
CNA
HCC
HCC
Q1 26
15.8%
Q4 25
77.6%
6.0%
Q3 25
102.5%
11.1%
Q2 25
75.1%
1.9%
Q1 25
69.0%
-2.7%
Q4 24
5.3%
0.4%
Q3 24
70.6%
12.7%
Q2 24
78.5%
17.8%
EPS (diluted)
CNA
CNA
HCC
HCC
Q1 26
$1.37
Q4 25
$1.11
$0.43
Q3 25
$1.48
$0.70
Q2 25
$1.10
$0.11
Q1 25
$1.00
$-0.16
Q4 24
$0.07
$0.02
Q3 24
$1.04
$0.80
Q2 24
$1.17
$1.35

Balance Sheet & Financial Strength

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

Metric
CNA
CNA
HCC
HCC
Cash + ST InvestmentsLiquidity on hand
$233.2M
Total DebtLower is stronger
$3.0B
$154.4M
Stockholders' EquityBook value
$11.6B
Total Assets
$69.4B
$2.8B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNA
CNA
HCC
HCC
Q1 26
$233.2M
Q4 25
$300.0M
Q3 25
$336.3M
Q2 25
$383.3M
Q1 25
$454.9M
Q4 24
$491.5M
Q3 24
$583.2M
Q2 24
$709.0M
Total Debt
CNA
CNA
HCC
HCC
Q1 26
$154.4M
Q4 25
$3.0B
$154.3M
Q3 25
$154.1M
Q2 25
$153.9M
Q1 25
$153.8M
Q4 24
$3.0B
$153.6M
Q3 24
$153.5M
Q2 24
$153.3M
Stockholders' Equity
CNA
CNA
HCC
HCC
Q1 26
Q4 25
$11.6B
$2.1B
Q3 25
$11.3B
$2.1B
Q2 25
$10.7B
$2.1B
Q1 25
$10.3B
$2.1B
Q4 24
$10.5B
$2.1B
Q3 24
$10.8B
$2.1B
Q2 24
$9.9B
$2.0B
Total Assets
CNA
CNA
HCC
HCC
Q1 26
$2.8B
Q4 25
$69.4B
$2.8B
Q3 25
$69.8B
$2.7B
Q2 25
$68.9B
$2.6B
Q1 25
$67.3B
$2.6B
Q4 24
$66.5B
$2.6B
Q3 24
$67.4B
$2.6B
Q2 24
$65.2B
$2.6B
Debt / Equity
CNA
CNA
HCC
HCC
Q1 26
Q4 25
0.26×
0.07×
Q3 25
0.07×
Q2 25
0.07×
Q1 25
0.07×
Q4 24
0.28×
0.07×
Q3 24
0.07×
Q2 24
0.07×

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
HCC
HCC
Operating Cash FlowLast quarter
$570.0M
Free Cash FlowOCF − Capex
$542.0M
FCF MarginFCF / Revenue
139.3%
Capex IntensityCapex / Revenue
7.2%
Cash ConversionOCF / Net Profit
1.89×
TTM Free Cash FlowTrailing 4 quarters
$2.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNA
CNA
HCC
HCC
Q1 26
Q4 25
$570.0M
$76.1M
Q3 25
$720.0M
$104.7M
Q2 25
$562.0M
$37.5M
Q1 25
$638.0M
$10.9M
Q4 24
$703.0M
$54.2M
Q3 24
$748.0M
$62.2M
Q2 24
$616.0M
$147.0M
Free Cash Flow
CNA
CNA
HCC
HCC
Q1 26
Q4 25
$542.0M
Q3 25
$704.0M
Q2 25
$538.0M
Q1 25
$620.0M
Q4 24
$665.0M
Q3 24
$730.0M
Q2 24
$597.0M
FCF Margin
CNA
CNA
HCC
HCC
Q1 26
Q4 25
139.3%
Q3 25
179.1%
Q2 25
135.2%
Q1 25
156.2%
Q4 24
167.5%
Q3 24
182.0%
Q2 24
147.8%
Capex Intensity
CNA
CNA
HCC
HCC
Q1 26
Q4 25
7.2%
Q3 25
4.1%
Q2 25
6.0%
Q1 25
4.5%
Q4 24
9.6%
Q3 24
4.5%
Q2 24
4.7%
Cash Conversion
CNA
CNA
HCC
HCC
Q1 26
Q4 25
1.89×
3.31×
Q3 25
1.79×
2.86×
Q2 25
1.88×
6.70×
Q1 25
2.33×
Q4 24
33.48×
47.68×
Q3 24
2.64×
1.49×
Q2 24
1.94×
2.08×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CNA
CNA

Segment breakdown not available.

HCC
HCC

Sales$448.5M98%
Other revenues$10.1M2%

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