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Side-by-side financial comparison of CNA FINANCIAL CORP (CNA) and VinFast Auto Ltd. (VFS). Click either name above to swap in a different company.

VinFast Auto Ltd. is the larger business by last-quarter revenue ($718.6M vs $389.0M, roughly 1.8× CNA FINANCIAL CORP). CNA FINANCIAL CORP runs the higher net margin — 77.6% vs -2.8%, a 80.4% gap on every dollar of revenue.

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.

VinFast Auto Ltd. is a Vietnamese multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Phạm Nhật Vượng.

CNA vs VFS — Head-to-Head

Bigger by revenue
VFS
VFS
1.8× larger
VFS
$718.6M
$389.0M
CNA
Higher net margin
CNA
CNA
80.4% more per $
CNA
77.6%
-2.8%
VFS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CNA
CNA
VFS
VFS
Revenue
$389.0M
$718.6M
Net Profit
$302.0M
$-20.0M
Gross Margin
Operating Margin
97.2%
-96.1%
Net Margin
77.6%
-2.8%
Revenue YoY
-2.0%
Net Profit YoY
1338.1%
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
VFS
VFS
Q4 25
$389.0M
Q3 25
$393.0M
$718.6M
Q2 25
$398.0M
$663.0M
Q1 25
$397.0M
$656.5M
Q4 24
$397.0M
Q3 24
$401.0M
$511.6M
Q2 24
$404.0M
Q1 24
$407.0M
$302.6M
Net Profit
CNA
CNA
VFS
VFS
Q4 25
$302.0M
Q3 25
$403.0M
$-20.0M
Q2 25
$299.0M
$-51.8M
Q1 25
$274.0M
$-26.1M
Q4 24
$21.0M
Q3 24
$283.0M
$-10.4M
Q2 24
$317.0M
Q1 24
$338.0M
$-618.3M
Operating Margin
CNA
CNA
VFS
VFS
Q4 25
97.2%
Q3 25
-96.1%
Q2 25
95.5%
-79.0%
Q1 25
87.9%
-74.0%
Q4 24
5.3%
Q3 24
90.0%
-65.9%
Q2 24
99.5%
Q1 24
-139.4%
Net Margin
CNA
CNA
VFS
VFS
Q4 25
77.6%
Q3 25
102.5%
-2.8%
Q2 25
75.1%
-7.8%
Q1 25
69.0%
-4.0%
Q4 24
5.3%
Q3 24
70.6%
-2.0%
Q2 24
78.5%
Q1 24
83.0%
-204.3%
EPS (diluted)
CNA
CNA
VFS
VFS
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
VFS
VFS
Cash + ST InvestmentsLiquidity on hand
$8.8M
Total DebtLower is stronger
$3.0B
Stockholders' EquityBook value
$11.6B
Total Assets
$69.4B
$183.2M
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNA
CNA
VFS
VFS
Q4 25
Q3 25
$8.8M
Q2 25
$650.0M
Q1 25
$2.4M
Q4 24
Q3 24
$1.9M
Q2 24
Q1 24
$3.0M
Total Debt
CNA
CNA
VFS
VFS
Q4 25
$3.0B
Q3 25
Q2 25
Q1 25
Q4 24
$3.0B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CNA
CNA
VFS
VFS
Q4 25
$11.6B
Q3 25
$11.3B
Q2 25
$10.7B
$-7.2B
Q1 25
$10.3B
Q4 24
$10.5B
Q3 24
$10.8B
Q2 24
$9.9B
Q1 24
$9.7B
Total Assets
CNA
CNA
VFS
VFS
Q4 25
$69.4B
Q3 25
$69.8B
$183.2M
Q2 25
$68.9B
$7.2B
Q1 25
$67.3B
$158.2M
Q4 24
$66.5B
Q3 24
$67.4B
$151.8M
Q2 24
$65.2B
Q1 24
$65.1B
$145.6M
Debt / Equity
CNA
CNA
VFS
VFS
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
VFS
VFS
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
VFS
VFS
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
VFS
VFS
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
VFS
VFS
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
VFS
VFS
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
VFS
VFS
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.

Revenue Breakdown by Segment

CNA
CNA

Segment breakdown not available.

VFS
VFS

Sales of vehicles$662.9M92%
Sales of spare parts and components$41.3M6%
Revenue from leasing activities$12.3M2%
Finance income$2.4M0%
Rendering of services$1.2M0%

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