CNO Financial Group, Inc.
—- Market cap
- $5.25B
- Debt
- +$35.92B
- Cash
- —
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 13% equity / 87% debt
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: CNO stock price vs ALKS: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at ALKS's multiple
Needs ALKS P/E.
Implied fair value · at CNO's multiple
Needs CNO P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: CNO FY 2025 (ended Dec 31, 2025) · ALKS FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 13% equity / 87% debt
Capital structure 96% equity / 4% debt · EV / Revenue 5.19x · EV / EBITDA 23.76x
CNO carries the larger enterprise value at $41.17B against $7.66B; ALKS trades on the lower EV / Revenue multiple (5.19x vs 9.17x); ALKS on the lower EV / EBITDA (23.76x vs 54.56x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
CNO Financial Group, Inc. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Alkermes plc. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
13.61x
0.17x
Net debt / EBITDA
Leverage against operating earnings
—
-0.22x
Cash and equivalents
Liquid reserves on the balance sheet
—
$388.57M
Total debt
Interest-bearing obligations outstanding
$35.92B
$317.13M
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
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