Cannae Holdings, Inc.
CNNENYSEConsumer Discretionary · Retail-Eating & Drinking Places · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $423.6M | $452.5M | $570.0M | $662.1M | $742.2M | $585.7M |
| Operating income | −$119.6M | −$103.7M | −$118.9M | −$144.6M | −$133.5M | −$188.5M |
| Net income | −$513.2M | −$304.6M | −$313.4M | −$428.1M | −$287.0M | $1.79B |
| Total assets | $1.32B | $2.23B | $2.69B | $3.13B | $3.89B | $4.61B |
| Total liabilities | $329.8M | $413.6M | $377.5M | $410.6M | $548.5M | $828.2M |
| Equity | $1.02B | $1.84B | $2.32B | $2.72B | $3.34B | $3.78B |
| EPS (diluted) | $-9.08 | $-4.73 | $-4.27 | $-5.25 | $-3.19 | $20.79 |
| Shares out. | 62.8M | 72.5M | 76.3M | 86.5M | 91.7M | 79.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −28.2%
- Net margin
- −121.2%
- Return on equity
- −50.1%
- Return on assets
- −38.9%
- Return on capital (ROCE)
- −10.0%
- Liabilities / assets
- 25.0%
- Debt / equity
- 0.32×
- Book value / share
- $16.30
- Revenue growth (YoY)
- −6.4%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 3.40safe
- Accruals / assets
- −37.5%clean
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 4 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 4, 2019
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Foley William P IiPassive (13G)May 12, 2026
- Private Management Group IncPassive (13G)May 11, 2026
- River Road Asset Management, LlcPassive (13G)Apr 30, 2026
- Vanguard Group IncPassive (13G)Mar 26, 2026
- Newtyn Management, LlcPassive (13G)Feb 17, 2026
- Carronade Capital Management, LpActivist (13D)Dec 16, 2025
- Blackrock, Inc.Passive (13G)Apr 17, 2025
- Davenport & Co LlcPassive (13G)Jan 21, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Sadowski Peter TOfficer — EVP, Chief Legal Officer | Apr 8, 2026 | Sell | 157 | $12.25 |
| Tyler WoodrowDirector | Mar 31, 2026 | Grant | 1,375 | $11.37 |
| Schaible Cherie LDirector | Mar 31, 2026 | Grant | 2,437 | $11.37 |
| Harris Hugh RDirector | Mar 31, 2026 | Grant | 1,430 | $11.37 |
| Ammerman Douglas KDirector | Mar 31, 2026 | Grant | 3,848 | $11.37 |
| Gravelle Michael LOfficer — EVP, Gen'l Counsel, Corp. Secy | Mar 19, 2026 | Tax withholding | 1,681 | $11.08 |
| Sadowski Peter TOfficer — EVP, Chief Legal Officer | Mar 13, 2026 | Tax withholding | 2,435 | $11.51 |
| Coy Bryan D.Officer — Chief Financial Officer | Mar 13, 2026 | Tax withholding | 4,245 | $11.51 |
| Caswell Ryan R.Officer — CEO | Mar 13, 2026 | Tax withholding | 19,597 | $11.51 |
| Sadowski Peter TOfficer — EVP, Chief Legal Officer | Mar 9, 2026 | Grant | 20,765 | $0.00 |
| Gravelle Michael LOfficer — EVP, Gen'l Counsel, Corp. Secy | Mar 9, 2026 | Grant | 20,765 | $0.00 |
| Foley William P IiDirector | Mar 9, 2026 | Grant | 150,000 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 3.7M | 6.7 | +1.1% |
| Apr 30, 2026 | 3.7M | 7.5 | +2.2% |
| Apr 15, 2026 | 3.6M | 6.3 | +5.9% |
| Mar 31, 2026 | 3.4M | 3.6 | -17.6% |
| Mar 13, 2026 | 4.1M | 5.5 | -0.6% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 11, 2026
- Terminated a material agreementMar 9, 2026
- Results of operations · Regulation FD disclosureFeb 23, 2026
- Amended charter or bylaws · Shareholder voteDec 16, 2025
- Other material eventDec 12, 2025
- Results of operationsNov 10, 2025
- Entered a material agreementAug 28, 2025
- Completed an acquisition or disposition · Other material eventAug 26, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SCHEDULE 13G/AMay 12, 2026
- SCHEDULE 13GMay 11, 2026
- 10-QMay 11, 2026
- 8-KMay 11, 2026
- 10-K/AApr 30, 2026
- SCHEDULE 13G/AApr 30, 2026
- 4PRIMARY DOCUMENTApr 28, 2026
- 13F-HRApr 15, 2026
- 4PRIMARY DOCUMENTApr 2, 2026
- 4PRIMARY DOCUMENTApr 2, 2026
- 4PRIMARY DOCUMENTApr 2, 2026
- 4PRIMARY DOCUMENTApr 2, 2026
- SCHEDULE 13G/AMar 26, 2026
- 4PRIMARY DOCUMENTMar 20, 2026
- 4PRIMARY DOCUMENTMar 16, 2026
Event-driven situations (3)
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