Stocks · Consumer discretionary · Retail-Eating & Drinking Places

Cannae Holdings, Inc.

CNNE Clue Score24
United States Fiscal year ends December CIK 0001704720
$15.50 -2.52% Close, 9 Oct 2026
Price $15.50 −49.59% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 20 Nov 2017. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1,178.4Operating income−2.2Net income−12.4EPS, diluted−0.18Fiscal year 2017Revenue1,156.6 −1.8%Operating income−77.5Net income108.8EPS, diluted1.54Fiscal year 2018Revenue1,147.5 −0.8%Operating income−145.8Net income27.6 −74.6%EPS, diluted0.39 −74.7%Fiscal year 2019Revenue1,070.0 −6.8%Operating income−117.6Net income77.3 +180.1%EPS, diluted1.07 +174.4%Fiscal year 2020Revenue585.7 −45.3%Operating income−188.5Net income1,786.2 +2,210.7%EPS, diluted20.79 +1,843.0%Fiscal year 2021Revenue742.2 +26.7%Operating income−133.5Net income−287.0 −116.1%EPS, diluted−3.19 −115.3%Fiscal year 2022Revenue662.1 −10.8%Operating income−144.6Net income−428.1EPS, diluted−5.25Fiscal year 2023Revenue570.0 −13.9%Operating income−118.9Net income−313.4EPS, diluted−4.27Fiscal year 2024Revenue452.5 −20.6%Operating income−103.7Net income−304.6EPS, diluted−4.73Fiscal year 2025Revenue423.6 −6.4%Operating income−119.6Net income−513.2EPS, diluted−9.08
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1,178.4 1,156.6 1,147.5 1,070.0 585.7 742.2 662.1 570.0 452.5 423.6
Growth −1.8% −0.8% −6.8% −45.3% +26.7% −10.8% −13.9% −20.6% −6.4%
Operating income −2.2 −77.5 −145.8 −117.6 −188.5 −133.5 −144.6 −118.9 −103.7 −119.6
Net income −12.4 108.8 27.6 77.3 1,786.2 −287.0 −428.1 −313.4 −304.6 −513.2
Growth −74.6% +180.1% +2,210.7% −116.1%
EPS, diluted −0.18 1.54 0.39 1.07 20.79 −3.19 −5.25 −4.27 −4.73 −9.08
Growth −74.7% +174.4% +1,843.0% −115.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin−0.2%Net margin−1.1%Free cash flow margin0.9%Fiscal year 2017Operating margin−6.7%Net margin9.4%Free cash flow margin−11.2%Fiscal year 2018Operating margin−12.7%Net margin2.4%Free cash flow margin−3.4%Fiscal year 2019Operating margin−11.0%Net margin7.2%Free cash flow margin−10.5%Fiscal year 2020Operating margin−32.2%Net margin305.0%Free cash flow margin−23.3%Fiscal year 2021Operating margin−18.0%Net margin−38.7%Free cash flow margin−25.6%Fiscal year 2022Operating margin−21.8%Net margin−64.7%Free cash flow margin−33.1%Fiscal year 2023Operating margin−20.9%Net margin−55.0%Free cash flow margin−17.2%Fiscal year 2024Operating margin−22.9%Net margin−67.3%Free cash flow margin−21.5%Fiscal year 2025Operating margin−28.2%Net margin−121.2%Free cash flow margin−6.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −0.2% −6.7% −12.7% −11.0% −32.2% −18.0% −21.8% −20.9% −22.9% −28.2%
Net margin −1.1% 9.4% 2.4% 7.2% 305.0% −38.7% −64.7% −55.0% −67.3% −121.2%
Free cash flow margin 0.9% −11.2% −3.4% −10.5% −23.3% −25.6% −33.1% −17.2% −21.5% −6.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow60.3Capital expenditure−49.6Free cash flow10.7Fiscal year 2017Operating cash flow−90.7Capital expenditure−39.0Free cash flow−129.7 −1,312.1%Buybacks0.0Fiscal year 2018Operating cash flow−22.9Capital expenditure−15.6Free cash flow−38.5Buybacks0.0Fiscal year 2019Operating cash flow−84.2Capital expenditure−28.3Free cash flow−112.5Buybacks−4.9Fiscal year 2020Operating cash flow−113.9Capital expenditure−22.3Free cash flow−136.2Buybacks−14.4Fiscal year 2021Operating cash flow−176.1Capital expenditure−13.7Free cash flow−189.8Buybacks−160.2Fiscal year 2022Operating cash flow−205.1Capital expenditure−14.3Free cash flow−219.4Buybacks−229.5Dividends paid0.0Fiscal year 2023Operating cash flow−87.8Capital expenditure−10.0Free cash flow−97.8Buybacks−113.2Dividends paid0.0Fiscal year 2024Operating cash flow−90.1Capital expenditure−7.0Free cash flow−97.1Buybacks−231.4Dividends paid−22.4Fiscal year 2025Operating cash flow−18.1Capital expenditure−10.4Free cash flow−28.5Buybacks−319.7Dividends paid−30.5
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 60.3 −90.7 −22.9 −84.2 −113.9 −176.1 −205.1 −87.8 −90.1 −18.1
Capital expenditure −49.6 −39.0 −15.6 −28.3 −22.3 −13.7 −14.3 −10.0 −7.0 −10.4
Free cash flow 10.7 −129.7 −38.5 −112.5 −136.2 −189.8 −219.4 −97.8 −97.1 −28.5
Growth −1,312.1%
Buybacks n/a 0.0 0.0 −4.9 −14.4 −160.2 −229.5 −113.2 −231.4 −319.7
Dividends paid n/a n/a n/a n/a n/a n/a 0.0 0.0 −22.4 −30.5

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash141.7Total debt104.7Net cash (debt)37.0Shareholders’ equity893.5Debt to equity0.12Fiscal year 2017Cash245.6Total debt134.9Net cash (debt)110.7Shareholders’ equity1,059.4Debt to equity0.13Fiscal year 2018Cash315.7Total debt48.1Net cash (debt)267.6Shareholders’ equity1,124.6Debt to equity0.04Fiscal year 2019Cash533.7Total debt127.1Net cash (debt)406.6Shareholders’ equity1,488.5Debt to equity0.09Fiscal year 2020Cash724.7Total debt63.5Net cash (debt)661.2Shareholders’ equity3,779.6Debt to equity0.02Fiscal year 2021Cash85.8Total debt16.4Net cash (debt)69.4Shareholders’ equity3,335.3Debt to equity0.00Fiscal year 2022Cash247.7Total debt97.4Net cash (debt)150.3Shareholders’ equity2,718.8Debt to equity0.04Fiscal year 2023Cash106.2Total debt105.0Net cash (debt)1.2Shareholders’ equity2,324.5Debt to equity0.05Fiscal year 2024Cash131.5Total debt181.0Net cash (debt)−49.5Shareholders’ equity1,836.5Debt to equity0.10Fiscal year 2025Cash182.0Total debt70.8Net cash (debt)111.2Shareholders’ equity1,023.8Debt to equity0.07
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 141.7 245.6 315.7 533.7 724.7 85.8 247.7 106.2 131.5 182.0
Total debt 104.7 134.9 48.1 127.1 63.5 16.4 97.4 105.0 181.0 70.8
Net cash (debt) 37.0 110.7 267.6 406.6 661.2 69.4 150.3 1.2 −49.5 111.2
Shareholders’ equity 893.5 1,059.4 1,124.6 1,488.5 3,779.6 3,335.3 2,718.8 2,324.5 1,836.5 1,023.8
Debt to equity 0.12 0.13 0.04 0.09 0.02 0.00 0.04 0.05 0.10 0.07

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
1,178.4 1,156.6 1,147.5 1,070.0 585.7 742.2 662.1 570.0 452.5 423.6
Growth −1.8% −0.8% −6.8% −45.3% +26.7% −10.8% −13.9% −20.6% −6.4%
984.1 991.0 991.3 n/a n/a n/a 571.4 474.9 371.2 358.0
−2.2 −77.5 −145.8 −117.6 −188.5 −133.5 −144.6 −118.9 −103.7 −119.6
Growth
5.2 −74.3 22.6 237.9 2,181.9 −433.0 −335.6 −200.4 −251.6 −190.5
−10.4 −14.2 15.0 24.2 481.2 −74.0 −89.9 −71.5 3.3 13.0
−12.4 108.8 27.6 77.3 1,786.2 −287.0 −428.1 −313.4 −304.6 −513.2
Growth −74.6% +180.1% +2,210.7% −116.1%
Per share
−0.18 1.54 0.39 1.07 20.84 −3.19 −5.25 −4.27 −4.73 −9.08
−0.18 1.54 0.39 1.07 20.79 −3.19 −5.25 −4.27 −4.73 −9.08
Growth −74.7% +174.4% +1,843.0% −115.3%
70.6 70.6 71.2 72.2 85.7 90.1 81.6 73.4 64.4 56.5
70.6 70.6 71.3 72.4 85.9 90.1 81.6 73.4 64.4 56.5
Growth +0.0% +1.0% +1.5% +18.6% +4.9% −9.4% −10.0% −12.3% −12.3%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue shrank 6.3% a year over five years.
  • The diluted share count fell 34.2% in five years, so buybacks did some of the work per share.
  • Operating margin is up 3.9 points on five years ago, at -28.2%.
  • A net loss in 6 of 10 years on file.