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Side-by-side financial comparison of CNA FINANCIAL CORP (CNA) and IDEX Corporation (IEX). Click either name above to swap in a different company.

IDEX Corporation is the larger business by last-quarter revenue ($398.4M vs $389.0M, roughly 1.0× CNA FINANCIAL CORP). CNA FINANCIAL CORP runs the higher net margin — 77.6% vs 30.1%, a 47.5% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (16.7% vs -2.0%). CNA FINANCIAL CORP produced more free cash flow last quarter ($542.0M vs $86.0M). Over the past eight quarters, CNA FINANCIAL CORP's revenue compounded faster (-2.2% CAGR vs -29.4%).

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.

IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.

CNA vs IEX — Head-to-Head

Bigger by revenue
IEX
IEX
1.0× larger
IEX
$398.4M
$389.0M
CNA
Growing faster (revenue YoY)
IEX
IEX
+18.7% gap
IEX
16.7%
-2.0%
CNA
Higher net margin
CNA
CNA
47.5% more per $
CNA
77.6%
30.1%
IEX
More free cash flow
CNA
CNA
$456.0M more FCF
CNA
$542.0M
$86.0M
IEX
Faster 2-yr revenue CAGR
CNA
CNA
Annualised
CNA
-2.2%
-29.4%
IEX

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
CNA
CNA
IEX
IEX
Revenue
$389.0M
$398.4M
Net Profit
$302.0M
$120.0M
Gross Margin
99.9%
Operating Margin
97.2%
43.3%
Net Margin
77.6%
30.1%
Revenue YoY
-2.0%
16.7%
Net Profit YoY
1338.1%
25.7%
EPS (diluted)
$1.11
$1.61

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
IEX
IEX
Q2 26
$398.4M
Q1 26
$407.7M
Q4 25
$389.0M
$899.1M
Q3 25
$393.0M
$878.7M
Q2 25
$398.0M
$865.4M
Q1 25
$397.0M
$814.3M
Q4 24
$397.0M
$862.9M
Q3 24
$401.0M
$798.2M
Net Profit
CNA
CNA
IEX
IEX
Q2 26
$120.0M
Q1 26
$128.3M
Q4 25
$302.0M
$128.3M
Q3 25
$403.0M
$127.8M
Q2 25
$299.0M
$131.6M
Q1 25
$274.0M
$95.5M
Q4 24
$21.0M
$123.2M
Q3 24
$283.0M
$119.1M
Gross Margin
CNA
CNA
IEX
IEX
Q2 26
99.9%
Q1 26
94.9%
Q4 25
43.1%
Q3 25
44.5%
Q2 25
45.3%
Q1 25
45.3%
Q4 24
42.5%
Q3 24
44.3%
Operating Margin
CNA
CNA
IEX
IEX
Q2 26
43.3%
Q1 26
45.0%
Q4 25
97.2%
20.4%
Q3 25
21.1%
Q2 25
95.5%
21.7%
Q1 25
87.9%
17.4%
Q4 24
5.3%
19.2%
Q3 24
90.0%
21.0%
Net Margin
CNA
CNA
IEX
IEX
Q2 26
30.1%
Q1 26
31.5%
Q4 25
77.6%
14.3%
Q3 25
102.5%
14.5%
Q2 25
75.1%
15.2%
Q1 25
69.0%
11.7%
Q4 24
5.3%
14.3%
Q3 24
70.6%
14.9%
EPS (diluted)
CNA
CNA
IEX
IEX
Q2 26
$1.61
Q1 26
$1.71
Q4 25
$1.11
$1.71
Q3 25
$1.48
$1.70
Q2 25
$1.10
$1.74
Q1 25
$1.00
$1.26
Q4 24
$0.07
$1.61
Q3 24
$1.04
$1.57

Balance Sheet & Financial Strength

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

Metric
CNA
CNA
IEX
IEX
Cash + ST InvestmentsLiquidity on hand
$586.2M
Total DebtLower is stronger
$3.0B
Stockholders' EquityBook value
$11.6B
$4.0B
Total Assets
$69.4B
$6.9B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNA
CNA
IEX
IEX
Q2 26
$586.2M
Q1 26
$580.0M
Q4 25
$580.0M
Q3 25
$593.8M
Q2 25
$568.2M
Q1 25
$594.1M
Q4 24
$620.8M
Q3 24
$633.2M
Total Debt
CNA
CNA
IEX
IEX
Q2 26
Q1 26
Q4 25
$3.0B
$1.8B
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$2.0B
Q4 24
$3.0B
$2.0B
Q3 24
$2.1B
Stockholders' Equity
CNA
CNA
IEX
IEX
Q2 26
$4.0B
Q1 26
$4.0B
Q4 25
$11.6B
$4.0B
Q3 25
$11.3B
$4.0B
Q2 25
$10.7B
$4.0B
Q1 25
$10.3B
$3.9B
Q4 24
$10.5B
$3.8B
Q3 24
$10.8B
$3.8B
Total Assets
CNA
CNA
IEX
IEX
Q2 26
$6.9B
Q1 26
$6.9B
Q4 25
$69.4B
$6.9B
Q3 25
$69.8B
$7.0B
Q2 25
$68.9B
$6.9B
Q1 25
$67.3B
$6.8B
Q4 24
$66.5B
$6.7B
Q3 24
$67.4B
$7.0B
Debt / Equity
CNA
CNA
IEX
IEX
Q2 26
Q1 26
Q4 25
0.26×
0.45×
Q3 25
0.48×
Q2 25
0.46×
Q1 25
0.50×
Q4 24
0.28×
0.52×
Q3 24
0.55×

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
IEX
IEX
Operating Cash FlowLast quarter
$570.0M
Free Cash FlowOCF − Capex
$542.0M
$86.0M
FCF MarginFCF / Revenue
139.3%
21.6%
Capex IntensityCapex / Revenue
7.2%
4.4%
Cash ConversionOCF / Net Profit
1.89×
TTM Free Cash FlowTrailing 4 quarters
$2.4B
$654.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNA
CNA
IEX
IEX
Q2 26
Q1 26
Q4 25
$570.0M
$209.5M
Q3 25
$720.0M
$203.5M
Q2 25
$562.0M
$161.7M
Q1 25
$638.0M
$105.7M
Q4 24
$703.0M
$172.6M
Q3 24
$748.0M
$205.3M
Free Cash Flow
CNA
CNA
IEX
IEX
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$542.0M
$189.8M
Q3 25
$704.0M
$188.7M
Q2 25
$538.0M
$146.9M
Q1 25
$620.0M
$91.4M
Q4 24
$665.0M
$157.1M
Q3 24
$730.0M
$191.6M
FCF Margin
CNA
CNA
IEX
IEX
Q2 26
21.6%
Q1 26
46.6%
Q4 25
139.3%
21.1%
Q3 25
179.1%
21.5%
Q2 25
135.2%
17.0%
Q1 25
156.2%
11.2%
Q4 24
167.5%
18.2%
Q3 24
182.0%
24.0%
Capex Intensity
CNA
CNA
IEX
IEX
Q2 26
4.4%
Q1 26
15.6%
Q4 25
7.2%
2.2%
Q3 25
4.1%
1.7%
Q2 25
6.0%
1.7%
Q1 25
4.5%
1.8%
Q4 24
9.6%
1.8%
Q3 24
4.5%
1.7%
Cash Conversion
CNA
CNA
IEX
IEX
Q2 26
Q1 26
Q4 25
1.89×
1.63×
Q3 25
1.79×
1.59×
Q2 25
1.88×
1.23×
Q1 25
2.33×
1.11×
Q4 24
33.48×
1.40×
Q3 24
2.64×
1.72×

Financial Flow Comparison

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

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