NYSE : CNNE
Cannae Holdings, Inc. — Financial statements
Consumer Discretionary · Restaurants · United States
Last price 17.15 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 743.87M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Cannae Holdings, Inc. (CNNE) reported revenue of 408.60M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 373.40M | 390.50M | 419.60M | 536.00M | 630.60M | 704.70M |
| Other Revenue | 35.20M | 33.10M | 32.90M | 34.00M | 31.50M | 37.50M |
| Revenue | 408.60M | 423.60M | 452.50M | 570.00M | 662.10M | 742.20M |
| Cost of Revenue | 392.90M | 431.80M | 449.60M | 527.00M | 630.90M | 697.50M |
| Gross Profit | 15.70M | -8.20M | 2.90M | 43.00M | 31.20M | 44.70M |
| Selling, General & Admin | 12.20M | 12.20M | 12.30M | 17.50M | 17.00M | 16.00M |
| Other Operating Expenses | 53.40M | 63.90M | 69.60M | 92.70M | 83.90M | 135.60M |
| Operating Expenses | 76.40M | 88.00M | 95.20M | 129.20M | 123.70M | 178.20M |
| Operating Income | -60.70M | -96.20M | -92.30M | -86.20M | -92.50M | -133.50M |
| Interest Expense | -8.30M | -11.90M | -11.60M | -17.90M | -61.60M | -9.80M |
| Interest & Investment Income | 9.50M | 10.10M | 4.60M | 13.60M | 2.50M | 21.10M |
| Earnings From Equity Investments | -129.90M | -223.50M | -32.90M | -176.90M | -183.90M | 72.60M |
| Other Non Operating Income (Expenses) | -5.10M | -11.20M | 23.30M | 37.60M | 476.80M | 101.50M |
| EBT Excluding Unusual Items | -194.50M | -332.70M | -108.90M | -229.80M | 141.30M | 51.90M |
| Impairment of Goodwill | -32.10M | |||||
| Gain (Loss) on Sale of Investments | 78.80M | -74.70M | -164.20M | -114.80M | -658.00M | -412.30M |
| Gain (Loss) on Sale of Assets | 16.80M | 16.80M | ||||
| Asset Writedown | -13.50M | -13.50M | -1.30M | -32.70M | -2.80M | |
| Other Unusual Items | -24.90M | -9.90M | -10.10M | |||
| Pretax Income | -169.40M | -414.00M | -284.50M | -377.30M | -519.50M | -360.40M |
| Income Tax Expense | -3.20M | 13.00M | 3.30M | -71.50M | -89.90M | -74.00M |
| Earnings From Continuing Operations | -166.20M | -427.00M | -287.80M | -305.80M | -429.60M | -286.40M |
| Earnings From Discontinued Operations | -10.60M | -97.90M | -22.30M | -18.30M | ||
| Net Income to Company | -176.80M | -524.90M | -310.10M | -324.10M | -429.60M | -286.40M |
| Minority Interest in Earnings | 20.80M | 11.70M | 5.50M | 10.70M | 1.50M | -600.00K |
| Net Income | -156.00M | -513.20M | -304.60M | -313.40M | -428.10M | -287.00M |
| Net Income to Common | -156.00M | -513.20M | -304.60M | -313.40M | -428.10M | -287.00M |
| Shares Outstanding (Basic) | 48.10M | 56.50M | 64.40M | 73.40M | 81.60M | 90.10M |
| Shares Outstanding (Diluted) | 48.10M | 56.50M | 64.40M | 73.40M | 81.60M | 90.10M |
| EPS (Basic) | -3.24 | -9.08 | -4.73 | -4.27 | -5.25 | -3.19 |
| EPS (Diluted) | -3.24 | -9.08 | -4.73 | -4.27 | -5.25 | -3.19 |
| Free Cash Flow | -43.40M | -28.50M | -97.10M | -97.80M | -219.40M | -189.80M |
| Free Cash Flow Per Share | -0.90 | -0.50 | -1.51 | -1.33 | -2.69 | -2.11 |
| Dividend Per Share | 0.60 | 0.54 | 0.36 | |||
| Gross Margin | 3.84% | -1.94% | 0.64% | 7.54% | 4.71% | 6.02% |
| Operating Margin | -14.86% | -22.71% | -20.40% | -15.12% | -13.97% | -17.99% |
| Profit Margin | -38.18% | -121.15% | -67.31% | -54.98% | -64.66% | -38.67% |
| Free Cash Flow Margin | -10.62% | -6.73% | -21.46% | -17.16% | -33.14% | -25.57% |
| EBITDA | -49.90M | -84.30M | -79.00M | -67.20M | -69.70M | -107.10M |
| EBITDA Margin | -12.21% | -19.90% | -17.46% | -11.79% | -10.53% | -14.43% |
| D&A For EBITDA | 10.80M | 11.90M | 13.30M | 19.00M | 22.80M | 26.40M |
| EBIT | -60.70M | -96.20M | -92.30M | -86.20M | -92.50M | -133.50M |
| EBIT Margin | -14.86% | -22.71% | -20.40% | -15.12% | -13.97% | -17.99% |
| Revenue as Reported | 408.60M | 423.60M | 452.50M | 570.00M | 662.10M | 742.20M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 70.40M | 182.00M | 131.50M | 106.20M | 247.70M | 85.80M |
| Short-Term Investments | 6.20M | 15.60M | 34.90M | |||
| Trading Asset Securities | 10.10M | |||||
| Cash & Short-Term Investments | 70.40M | 182.00M | 137.70M | 121.80M | 282.60M | 95.90M |
| Accounts Receivable | 7.10M | 7.60M | 8.10M | 21.10M | ||
| Other Receivables | 47.20M | 60.60M | 35.70M | 26.00M | 1.90M | |
| Receivables | 54.30M | 68.20M | 43.80M | 26.00M | 1.90M | 21.10M |
| Other Current Assets | 66.40M | 18.10M | 15.40M | 29.50M | 26.10M | 4.60M |
| Total Current Assets | 191.10M | 268.30M | 196.90M | 177.30M | 310.60M | 121.60M |
| Property, Plant & Equipment | 138.20M | 165.90M | 197.80M | 202.20M | 243.50M | 272.60M |
| Long-Term Investments | 895.50M | 792.20M | 981.00M | 2.14B | 2.47B | 3.41B |
| Goodwill | 21.30M | 53.40M | 53.40M | 53.40M | 53.40M | 53.40M |
| Other Intangible Assets | 11.30M | 13.20M | 15.10M | 16.80M | 23.50M | 26.90M |
| Long-Term Accounts Receivable | 18.00M | 5.60M | 9.10M | |||
| Long-Term Deferred Tax Assets | 1.00M | 600.00K | 73.90M | 82.00M | 22.70M | |
| Other Long-Term Assets | 27.10M | 710.80M | ||||
| Total Assets | 1.26B | 1.32B | 2.23B | 2.69B | 3.13B | 3.89B |
| Accounts Payable | 51.00M | 16.80M | 16.60M | 27.00M | 25.80M | 22.70M |
| Accrued Expenses | 44.10M | 38.20M | 47.20M | 44.30M | 82.90M | |
| Current Portion of Long-Term Debt | 5.40M | 6.30M | 61.00M | 2.50M | 2.30M | 2.30M |
| Current Portion of Leases | 15.50M | 15.40M | 14.50M | 13.90M | 22.80M | 23.80M |
| Current Income Taxes Payable | 8.90M | 24.70M | ||||
| Current Unearned Revenue | 19.50M | 16.10M | 16.20M | 16.90M | 18.60M | 23.10M |
| Other Current Liabilities | 62.20M | 31.00M | ||||
| Total Current Liabilities | 153.60M | 129.70M | 146.50M | 107.50M | 122.70M | 179.50M |
| Long-Term Debt | 64.50M | 64.50M | 120.00M | 115.60M | 123.90M | 43.60M |
| Long-Term Leases | 114.30M | 122.80M | 134.60M | 142.20M | 151.00M | 166.10M |
| Long-Term Deferred Tax Liabilities | 1.90M | 143.80M | ||||
| Other Long-Term Liabilities | 12.20M | 12.80M | 12.50M | 12.20M | 13.00M | 15.50M |
| Total Liabilities | 346.50M | 329.80M | 413.60M | 377.50M | 410.60M | 548.50M |
| Additional Paid-In Capital | 2.05B | 2.04B | 2.01B | 1.98B | 1.94B | 1.89B |
| Retained Earnings | 3.40M | 23.30M | 567.10M | 901.30M | 1.21B | 1.64B |
| Treasury Stock | -1.09B | -1.05B | -724.70M | -533.90M | -414.00M | -188.60M |
| Comprehensive Income & Other | 6.50M | -19.20M | -19.90M | -18.10M | -7.20M | |
| Total Common Equity | 957.60M | 1.02B | 1.84B | 2.32B | 2.72B | 3.34B |
| Minority Interest | -45.70M | -32.90M | -21.20M | -15.30M | -3.90M | 5.80M |
| Shareholders' Equity | 911.90M | 990.90M | 1.82B | 2.31B | 2.71B | 3.34B |
| Total Liabilities & Equity | 1.26B | 1.32B | 2.23B | 2.69B | 3.13B | 3.89B |
| Total Debt | 199.70M | 209.00M | 330.10M | 274.20M | 300.00M | 235.80M |
| Net Cash (Debt) | -129.30M | -27.00M | -192.40M | -152.40M | -17.40M | -139.90M |
| Net Cash Per Share | -2.69 | -0.48 | -2.99 | -2.08 | -0.21 | -1.55 |
| Filing Date Shares Outstanding | 43.37M | 46.32M | 62.79M | 72.48M | 76.26M | 86.49M |
| Total Common Shares Outstanding | 43.37M | 46.70M | 62.79M | 70.37M | 76.25M | 86.89M |
| Working Capital | 37.50M | 138.60M | 50.40M | 69.80M | 187.90M | -57.90M |
| Book Value Per Share | 22.08 | 21.92 | 29.25 | 33.03 | 35.65 | 38.39 |
| Tangible Book Value | 925.00M | 957.20M | 1.77B | 2.25B | 2.64B | 3.25B |
| Tangible Book Value Per Share | 21.33 | 20.50 | 28.16 | 32.04 | 34.65 | 37.46 |
| Land | 12.20M | 12.20M | 12.30M | 22.80M | 25.20M | |
| Buildings | 6.80M | 16.60M | 12.30M | 22.80M | 26.50M | |
| Machinery | 59.70M | 74.00M | 72.60M | 98.50M | 101.80M | |
| Leasehold Improvements | 85.30M | 101.50M | 100.40M | 123.60M | 125.60M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -156.00M | -513.20M | -304.60M | -313.40M | -428.10M | -287.00M |
| Depreciation & Amortization | 25.00M | 27.00M | 27.80M | 38.30M | 44.60M | 49.00M |
| Loss (Gain) From Sale of Assets | 15.00M | -18.00M | 900.00K | 9.40M | -493.40M | 309.20M |
| Asset Writedown & Restructuring Costs | 32.10M | |||||
| Loss (Gain) From Sale of Investments | -76.00M | 84.70M | 141.70M | 114.80M | 677.30M | |
| Loss (Gain) on Equity Investments | 151.80M | 247.90M | 36.70M | 177.10M | 198.60M | -48.90M |
| Stock-Based Compensation | 8.00M | 18.70M | 19.00M | 3.50M | 1.50M | 2.40M |
| Other Operating Activities | -13.30M | 3.30M | -5.50M | -10.70M | 30.30M | 600.00K |
| Change in Accounts Payable | -16.10M | 6.90M | -19.40M | -19.40M | -36.70M | -1.20M |
| Change in Income Taxes | 1.80M | 41.50M | 2.00M | -76.00M | -190.30M | -204.00M |
| Change in Other Net Operating Assets | -14.90M | -14.80M | -11.00M | -29.70M | -8.90M | 3.80M |
| Operating Cash Flow | -32.00M | -18.10M | -90.10M | -87.80M | -205.10M | -176.10M |
| Capital Expenditures | -11.40M | -10.40M | -7.00M | -10.00M | -14.30M | -13.70M |
| Sale of Property, Plant & Equipment | 1.70M | 6.80M | 7.30M | 9.20M | 10.40M | |
| Cash Acquisitions | -9.60M | |||||
| Divestitures | 63.20M | |||||
| Investment in Securities | 440.60M | 526.80M | 298.50M | 55.80M | 525.40M | -319.10M |
| Other Investing Activities | 900.00K | -13.20M | ||||
| Investing Cash Flow | 419.60M | 518.10M | 298.30M | 53.10M | 521.20M | -272.40M |
| Long-Term Debt Issued | 44.90M | 103.70M | 65.70M | 308.60M | 206.60M | |
| Net Debt Issued (Repaid) | 45.80M | 44.90M | 103.70M | 65.70M | 308.60M | 206.60M |
| Repurchase of Common Stock | -255.00M | -321.30M | -235.00M | -113.40M | -229.50M | -160.40M |
| Common Dividends Paid | -28.60M | -30.50M | -22.40M | |||
| Other Financing Activities | -144.50M | -142.60M | -29.20M | -59.10M | -233.30M | -236.60M |
| Financing Cash Flow | -382.30M | -449.50M | -182.90M | -106.80M | -154.20M | -190.40M |
| Net Cash Flow | 3.70M | 50.50M | 25.30M | -141.50M | 161.90M | -638.90M |
| Free Cash Flow | -43.40M | -28.50M | -97.10M | -97.80M | -219.40M | -189.80M |
| Free Cash Flow Margin | -10.62% | -6.73% | -21.46% | -17.16% | -33.14% | -25.57% |
| Free Cash Flow Per Share | -0.90 | -0.50 | -1.51 | -1.33 | -2.69 | -2.11 |
| Levered Free Cash Flow | 444.48M | -22.36M | -48.94M | -67.26M | -122.61M | -4.36M |
| Unlevered Free Cash Flow | 449.66M | -14.93M | -41.69M | -56.08M | -84.11M | 1.76M |
| Cash Interest Paid | 3.70M | 6.00M | 6.30M | 13.60M | 9.60M | 7.00M |
| Cash Income Tax Paid | -28.40M | 900.00K | 4.60M | 100.00M | 128.90M | |
| Change in Working Capital | -29.20M | 33.60M | -28.40M | -125.10M | -235.90M | -201.40M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 761.22M | 775.26M | 1.25B | 1.38B | 1.61B | 3.13B |
| Enterprise Value | 890.52M | 724.36M | 1.39B | 1.54B | 1.52B | 3.32B |
| Last Close Price | 17.55 | 15.21 | 18.63 | 17.96 | 19.01 | 32.36 |
| Forward PE | 53.49 | 53.49 | 53.49 | 91.78 | 40.95 | |
| PS Ratio | 1.86 | 1.83 | 2.75 | 2.42 | 2.43 | 4.21 |
| PB Ratio | 0.79 | 0.78 | 0.69 | 0.60 | 0.59 | 0.94 |
| P/TBV Ratio | 0.82 | 0.81 | 0.70 | 0.61 | 0.61 | 0.96 |
| EV/Sales Ratio | 2.18 | 1.71 | 3.06 | 2.71 | 2.30 | 4.47 |
| Debt / Equity Ratio | 0.22 | 0.21 | 0.18 | 0.12 | 0.11 | 0.07 |
| Net Debt / Equity Ratio | 0.14 | 0.03 | 0.11 | 0.07 | 0.01 | 0.04 |
| Net Debt / EBITDA Ratio | -2.59 | -0.32 | -2.44 | -2.27 | -0.25 | -1.31 |
| Net Debt / FCF Ratio | -2.98 | -0.95 | -1.98 | -1.56 | -0.08 | -0.74 |
| Asset Turnover | 0.27 | 0.24 | 0.18 | 0.20 | 0.19 | 0.17 |
| Quick Ratio | 0.81 | 1.93 | 1.24 | 1.38 | 2.32 | 0.65 |
| Current Ratio | 1.24 | 2.07 | 1.34 | 1.65 | 2.53 | 0.68 |
| Return on Equity (ROE) | -14.65% | -30.43% | -13.96% | -12.17% | -14.19% | -8.04% |
| Return on Assets (ROA) | -2.49% | -3.39% | -2.35% | -1.85% | -1.65% | -1.96% |
| Return on Invested Capital (ROIC) | -5.97% | -6.36% | -4.13% | -3.32% | -2.98% | -3.91% |
| Return on Capital Employed (ROCE) | -5.50% | -8.10% | -4.40% | -3.30% | -3.10% | -3.60% |
| Earnings Yield | -18.49% | -66.20% | -24.45% | -22.72% | -26.57% | -9.18% |
| FCF Yield | -5.70% | -3.68% | -7.79% | -7.09% | -13.62% | -6.07% |
| Dividend Yield | 3.42% | 3.25% | 1.81% | |||
| Buyback Yield / Dilution | 22.29% | 12.27% | 12.26% | 10.05% | 9.43% | -4.89% |
| Total Shareholder Return | 25.71% | 15.52% | 14.08% | 10.05% | 9.43% | -4.89% |