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Side-by-side financial comparison of CNA FINANCIAL CORP (CNA) and Kinsale Capital Group, Inc. (KNSL). Click either name above to swap in a different company.

Kinsale Capital Group, Inc. is the larger business by last-quarter revenue ($466.7M vs $389.0M, roughly 1.2× CNA FINANCIAL CORP). CNA FINANCIAL CORP runs the higher net margin — 77.6% vs 24.1%, a 53.5% gap on every dollar of revenue. On growth, Kinsale Capital Group, Inc. posted the faster year-over-year revenue change (10.2% vs -2.0%). Over the past eight quarters, Kinsale Capital Group, Inc.'s revenue compounded faster (10.2% 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.

Flagstar Bank, N.A. (FLG), is an American regional financial services holding company headquartered in Hicksville, New York. In 2023, the bank operated 395 branches However, they rebranded all of these under the Flagstar name on February 21, 2024.

CNA vs KNSL — Head-to-Head

Bigger by revenue
KNSL
KNSL
1.2× larger
KNSL
$466.7M
$389.0M
CNA
Growing faster (revenue YoY)
KNSL
KNSL
+12.2% gap
KNSL
10.2%
-2.0%
CNA
Higher net margin
CNA
CNA
53.5% more per $
CNA
77.6%
24.1%
KNSL
Faster 2-yr revenue CAGR
KNSL
KNSL
Annualised
KNSL
10.2%
-2.2%
CNA

Income Statement — Q4 2025 vs Q1 2026

Metric
CNA
CNA
KNSL
KNSL
Revenue
$389.0M
$466.7M
Net Profit
$302.0M
$112.6M
Gross Margin
Operating Margin
97.2%
Net Margin
77.6%
24.1%
Revenue YoY
-2.0%
10.2%
Net Profit YoY
1338.1%
26.1%
EPS (diluted)
$1.11
$4.88

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
KNSL
KNSL
Q1 26
$466.7M
Q4 25
$389.0M
$483.3M
Q3 25
$393.0M
$497.5M
Q2 25
$398.0M
$469.8M
Q1 25
$397.0M
$423.4M
Q4 24
$397.0M
$412.1M
Q3 24
$401.0M
$418.1M
Q2 24
$404.0M
$384.6M
Net Profit
CNA
CNA
KNSL
KNSL
Q1 26
$112.6M
Q4 25
$302.0M
$138.6M
Q3 25
$403.0M
$141.6M
Q2 25
$299.0M
$134.1M
Q1 25
$274.0M
$89.2M
Q4 24
$21.0M
$109.1M
Q3 24
$283.0M
$114.2M
Q2 24
$317.0M
$92.6M
Operating Margin
CNA
CNA
KNSL
KNSL
Q1 26
Q4 25
97.2%
36.2%
Q3 25
36.0%
Q2 25
95.5%
35.8%
Q1 25
87.9%
26.5%
Q4 24
5.3%
33.6%
Q3 24
90.0%
34.5%
Q2 24
99.5%
30.1%
Net Margin
CNA
CNA
KNSL
KNSL
Q1 26
24.1%
Q4 25
77.6%
28.7%
Q3 25
102.5%
28.5%
Q2 25
75.1%
28.5%
Q1 25
69.0%
21.1%
Q4 24
5.3%
26.5%
Q3 24
70.6%
27.3%
Q2 24
78.5%
24.1%
EPS (diluted)
CNA
CNA
KNSL
KNSL
Q1 26
$4.88
Q4 25
$1.11
$5.97
Q3 25
$1.48
$6.09
Q2 25
$1.10
$5.76
Q1 25
$1.00
$3.83
Q4 24
$0.07
$4.67
Q3 24
$1.04
$4.90
Q2 24
$1.17
$3.97

Balance Sheet & Financial Strength

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

Metric
CNA
CNA
KNSL
KNSL
Cash + ST InvestmentsLiquidity on hand
$223.3M
Total DebtLower is stronger
$3.0B
Stockholders' EquityBook value
$11.6B
$2.0B
Total Assets
$69.4B
$6.2B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNA
CNA
KNSL
KNSL
Q1 26
$223.3M
Q4 25
Q3 25
$170.2M
Q2 25
$138.1M
Q1 25
$142.0M
Q4 24
$113.2M
Q3 24
$111.7M
Q2 24
$171.0M
Total Debt
CNA
CNA
KNSL
KNSL
Q1 26
Q4 25
$3.0B
$224.4M
Q3 25
$199.3M
Q2 25
$184.3M
Q1 25
$184.2M
Q4 24
$3.0B
$184.1M
Q3 24
$184.1M
Q2 24
$184.0M
Stockholders' Equity
CNA
CNA
KNSL
KNSL
Q1 26
$2.0B
Q4 25
$11.6B
$2.0B
Q3 25
$11.3B
$1.9B
Q2 25
$10.7B
$1.7B
Q1 25
$10.3B
$1.6B
Q4 24
$10.5B
$1.5B
Q3 24
$10.8B
$1.4B
Q2 24
$9.9B
$1.3B
Total Assets
CNA
CNA
KNSL
KNSL
Q1 26
$6.2B
Q4 25
$69.4B
$6.0B
Q3 25
$69.8B
$5.8B
Q2 25
$68.9B
$5.6B
Q1 25
$67.3B
$5.2B
Q4 24
$66.5B
$4.9B
Q3 24
$67.4B
$4.7B
Q2 24
$65.2B
$4.4B
Debt / Equity
CNA
CNA
KNSL
KNSL
Q1 26
Q4 25
0.26×
0.11×
Q3 25
0.11×
Q2 25
0.11×
Q1 25
0.12×
Q4 24
0.28×
0.12×
Q3 24
0.13×
Q2 24
0.15×

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
KNSL
KNSL
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
KNSL
KNSL
Q1 26
Q4 25
$570.0M
$241.4M
Q3 25
$720.0M
$303.5M
Q2 25
$562.0M
$269.1M
Q1 25
$638.0M
$229.8M
Q4 24
$703.0M
$213.0M
Q3 24
$748.0M
$274.0M
Q2 24
$616.0M
$278.9M
Free Cash Flow
CNA
CNA
KNSL
KNSL
Q1 26
Q4 25
$542.0M
$230.8M
Q3 25
$704.0M
$289.5M
Q2 25
$538.0M
$252.1M
Q1 25
$620.0M
$217.6M
Q4 24
$665.0M
$202.2M
Q3 24
$730.0M
$268.2M
Q2 24
$597.0M
$275.1M
FCF Margin
CNA
CNA
KNSL
KNSL
Q1 26
Q4 25
139.3%
47.8%
Q3 25
179.1%
58.2%
Q2 25
135.2%
53.7%
Q1 25
156.2%
51.4%
Q4 24
167.5%
49.1%
Q3 24
182.0%
64.2%
Q2 24
147.8%
71.5%
Capex Intensity
CNA
CNA
KNSL
KNSL
Q1 26
Q4 25
7.2%
2.2%
Q3 25
4.1%
2.8%
Q2 25
6.0%
3.6%
Q1 25
4.5%
2.9%
Q4 24
9.6%
2.6%
Q3 24
4.5%
1.4%
Q2 24
4.7%
1.0%
Cash Conversion
CNA
CNA
KNSL
KNSL
Q1 26
Q4 25
1.89×
1.74×
Q3 25
1.79×
2.14×
Q2 25
1.88×
2.01×
Q1 25
2.33×
2.58×
Q4 24
33.48×
1.95×
Q3 24
2.64×
2.40×
Q2 24
1.94×
3.01×

Financial Flow Comparison

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

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