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MARKETS / NYSE / CNNE
NYSE · RETAIL-EATING & DRINKING PLACES · LARGE CAP

Cannae Holdings, Inc. CNNE

11 fiscal years on record · USD · FY2025 reported · SEC filings only
$423.6M
▼ 6.4% YoY
$-513.2M
$-28.5M
In brief

What this company does

The company primarily acquires interests in operating companies and is engaged in actively managing and operating a core group of those companies. As of December 31, 2025, Cannae and its consolidated subsidiaries had 6,602 employees, which includes 6,303 in its Restaurant Group and 299 in the various consolidated businesses comprising its Corporate and Other segment. The company's Alight segment consists of a 7.7% ownership interest in Alight. Alight is a technology-enabled services company delivering human capital management solutions. BKFC, in which the company holds a 44.7% ownership interest, is a partnership led by William P. Foley, II, the company's Vice Chairman of the Board, that owns and operates AFC Bournemouth, an English Premier League football club, and Moreirense Futebol Clube, a Portuguese Primeira Liga football club, and in 2025 held a minority interest in FC Lorient, a French football club. The company's Restaurant Group segment consists of the operations of O'Charley's and 99 Restaurants, in which it holds 65.4% and 88.5% equity ownership interests, respectively.

Written from the business description in Cannae Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.

Growth
USD 423.6M
Revenue, FY2025 · full 11-year series below
Revenue $B Net income $B
FY2025 · Revenue 0.4 · Net income -0.5
0.8B1.6B-0.2B-0.4B201520172019202120232025
Compound annual growth
−13.8%
−6.3%
−11.4%
+15.1%
+89.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −6.3% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−124 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -28.2% · Net -123.9%
100%200%300%-50%-100%201520172019202120232025
ROE
FY2025 · ROE -35.9%
20%40%60%-10%-20%-30%201520172019202120232025

Each USD of equity lost 36 cents this year.

Cash & shareholders
USD 350.2M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -28.5
-80M-160M201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 30.5 · Net buybacks 319.7
200MDividendsNet buybacks201720182019202020212022202320242025

USD 30.5M in dividends and USD 319.7M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 1.3B
EquityUSD 1.0B
CashUSD 182.0M
Gross debtUSD 70.8M
Net debtUSD -111.2M
Current ratio2.07×

The company holds more cash than debt.

The 11-year record
11 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015
Revenue $B0.40.50.60.70.70.61.11.11.21.21.4
Operating income $B−0.1−0.1−0.1−0.1−0.1−0.2−0.1−0.1−0.1−0.0−0.0
EBITDA $B−0.1−0.1−0.1−0.1−0.1−0.2−0.1−0.1−0.00.10.1
Income tax $B0.00.0−0.1−0.1−0.10.50.00.0−0.0−0.0−0.0
Net income $B−0.5−0.3−0.3−0.4−0.31.80.10.00.1−0.0−0.0
Free cash flow $B−0.0−0.1−0.1−0.2−0.2−0.1−0.1−0.0−0.10.0−0.0
EPS, diluted $−9.08−4.73−4.27−5.25−3.1920.791.070.391.54−0.18−0.32
Dividend / sh $···········
Payout %−6−7−0−0·······
ROE %−35.9−14.6−12.4−14.1−8.167.85.92.511.1−1.4·
Shares out B0.050.060.070.080.090.090.080.070.07··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 42 reconciliationsAUDITED

Reconciled in 11 of 19 fiscal years. 46 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRetail-Eating & Drinking Places
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2015

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