vs

Side-by-side financial comparison of CNA FINANCIAL CORP (CNA) and Navios Maritime Partners L.P. (NMM). Click either name above to swap in a different company.

CNA FINANCIAL CORP is the larger business by last-quarter revenue ($389.0M vs $327.6M, roughly 1.2× Navios Maritime Partners L.P.). CNA FINANCIAL CORP runs the higher net margin — 77.6% vs 21.4%, a 56.3% gap on every dollar of revenue. On growth, CNA FINANCIAL CORP posted the faster year-over-year revenue change (-2.0% vs -4.3%).

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.

Navios Maritime Holdings Inc. is a multinational, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.

CNA vs NMM — Head-to-Head

Bigger by revenue
CNA
CNA
1.2× larger
CNA
$389.0M
$327.6M
NMM
Growing faster (revenue YoY)
CNA
CNA
+2.3% gap
CNA
-2.0%
-4.3%
NMM
Higher net margin
CNA
CNA
56.3% more per $
CNA
77.6%
21.4%
NMM

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
CNA
CNA
NMM
NMM
Revenue
$389.0M
$327.6M
Net Profit
$302.0M
$69.9M
Gross Margin
90.5%
Operating Margin
97.2%
Net Margin
77.6%
21.4%
Revenue YoY
-2.0%
-4.3%
Net Profit YoY
1338.1%
-31.1%
EPS (diluted)
$1.11

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
NMM
NMM
Q4 25
$389.0M
Q3 25
$393.0M
Q2 25
$398.0M
$327.6M
Q1 25
$397.0M
Q4 24
$397.0M
Q3 24
$401.0M
Q2 24
$404.0M
$342.2M
Q1 24
$407.0M
Net Profit
CNA
CNA
NMM
NMM
Q4 25
$302.0M
Q3 25
$403.0M
Q2 25
$299.0M
$69.9M
Q1 25
$274.0M
Q4 24
$21.0M
Q3 24
$283.0M
Q2 24
$317.0M
$101.5M
Q1 24
$338.0M
Gross Margin
CNA
CNA
NMM
NMM
Q4 25
Q3 25
Q2 25
90.5%
Q1 25
Q4 24
Q3 24
Q2 24
88.3%
Q1 24
Operating Margin
CNA
CNA
NMM
NMM
Q4 25
97.2%
Q3 25
Q2 25
95.5%
Q1 25
87.9%
Q4 24
5.3%
Q3 24
90.0%
Q2 24
99.5%
Q1 24
Net Margin
CNA
CNA
NMM
NMM
Q4 25
77.6%
Q3 25
102.5%
Q2 25
75.1%
21.4%
Q1 25
69.0%
Q4 24
5.3%
Q3 24
70.6%
Q2 24
78.5%
29.7%
Q1 24
83.0%
EPS (diluted)
CNA
CNA
NMM
NMM
Q4 25
$1.11
Q3 25
$1.48
Q2 25
$1.10
Q1 25
$1.00
Q4 24
$0.07
Q3 24
$1.04
Q2 24
$1.17
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
NMM
NMM
Cash + ST InvestmentsLiquidity on hand
$377.0M
Total DebtLower is stronger
$3.0B
$2.0B
Stockholders' EquityBook value
$11.6B
Total Assets
$69.4B
$5.9B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNA
CNA
NMM
NMM
Q4 25
Q3 25
Q2 25
$377.0M
Q1 25
Q4 24
Q3 24
Q2 24
$272.0M
Q1 24
Total Debt
CNA
CNA
NMM
NMM
Q4 25
$3.0B
Q3 25
Q2 25
$2.0B
Q1 25
Q4 24
$3.0B
Q3 24
Q2 24
$1.4B
Q1 24
Stockholders' Equity
CNA
CNA
NMM
NMM
Q4 25
$11.6B
Q3 25
$11.3B
Q2 25
$10.7B
Q1 25
$10.3B
Q4 24
$10.5B
Q3 24
$10.8B
Q2 24
$9.9B
Q1 24
$9.7B
Total Assets
CNA
CNA
NMM
NMM
Q4 25
$69.4B
Q3 25
$69.8B
Q2 25
$68.9B
$5.9B
Q1 25
$67.3B
Q4 24
$66.5B
Q3 24
$67.4B
Q2 24
$65.2B
$5.3B
Q1 24
$65.1B
Debt / Equity
CNA
CNA
NMM
NMM
Q4 25
0.26×
Q3 25
Q2 25
Q1 25
Q4 24
0.28×
Q3 24
Q2 24
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
NMM
NMM
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
NMM
NMM
Q4 25
$570.0M
Q3 25
$720.0M
Q2 25
$562.0M
Q1 25
$638.0M
Q4 24
$703.0M
Q3 24
$748.0M
Q2 24
$616.0M
Q1 24
$504.0M
Free Cash Flow
CNA
CNA
NMM
NMM
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
Q1 24
$484.0M
FCF Margin
CNA
CNA
NMM
NMM
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%
Q1 24
118.9%
Capex Intensity
CNA
CNA
NMM
NMM
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%
Q1 24
4.9%
Cash Conversion
CNA
CNA
NMM
NMM
Q4 25
1.89×
Q3 25
1.79×
Q2 25
1.88×
Q1 25
2.33×
Q4 24
33.48×
Q3 24
2.64×
Q2 24
1.94×
Q1 24
1.49×

Financial Flow Comparison

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

Related Comparisons