Cannae Holdings, Inc. (CNNE)
Cannae Holdings, Inc. operates as a core investment enterprise. This firm primarily funnels capital into a range of sectors, including the restaurant industry, technology-driven healthcare services, and various financial ventures. Its investment approach involves securing both controlling interests and non-dominant equity positions. The company's headquarters are located in Las Vegas, Nevada.
Sector: Retail-Eating & Drinking Places
Industry: Restaurants
Cannae Holdings, Inc.
NYSE:CNNEConsumer Cyclical · Restaurants
-0.85%$16.29
AH Close$16.29+0.00%vs close
AH Close$16.29+0.00%vs close
Mkt Cap$706.57M
Float36.88M
O/S43.37M
Inst Own84.5%
SI9.1%
Div Yield3.68%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$423.6M
Net Income-$513.2M
Total Assets$1.32B
Free Cash Flow-$28.5M
Debt & Equity
Debt 24%
Equity 76%
Total Debt$331.8M
Total Equity$1.02B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CNNE's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.32B
Liabilities$329.8M
Accounts Receivable$60.6M
Accounts Payable$91.9M
Inventory$0
PP&E (Net)$165.9M
Goodwill$53.4M
Intangible Assets$13.2M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Revenue | $423.6M | $452.5M | $570M | $662.1M | $742.2M | $585.7M | $1.07B | $1.15B | $1.16B | $1.18B | $1.41B | $1.45B | $1.5B |
| YoY Growth | -6.4% | -20.6% | -13.9% | -10.8% | 26.7% | -45.3% | -6.8% | -0.8% | -1.8% | -16.7% | -2.7% | -2.9% | - |
| Cost of Revenue | $369.9M | $449.6M | $527M | $630.9M | $697.5M | $619.1M | $1B | $1.13B | $1.09B | $1.05B | $1.28B | $1.27B | $1.38B |
| Gross Profit | $53.7M | $2.9M | $43M | $31.2M | $44.7M | -$33.4M | $66.9M | $19M | $70M | $126M | $134.1M | $181M | $114M |
| Gross Margin | 12.7% | 0.6% | 7.5% | 4.7% | 6.0% | -5.7% | 6.3% | 1.7% | 6.1% | 10.7% | 9.5% | 12.5% | 7.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $31.1M | $0 | $0 |
| Selling, General, and Administrative | $0 | $0 | $17.5M | $212.5M | $231.1M | $0 | $109.7M | $215.1M | $103.2M | $151.8M | $85.4M | $0 | $0 |
| Other | $173.3M | $106.6M | $144.4M | -$36.7M | -$52.9M | $155.1M | $74.8M | -$50.3M | $44.3M | -$23.6M | $29.7M | $201.3M | $0 |
| Total Operating Expenses | $173.3M | $106.6M | $161.9M | $175.8M | $178.2M | $155.1M | $184.5M | $164.8M | $147.5M | $128.2M | $146.2M | $201.3M | $0 |
| Operating Income (EBIT) | -$119.6M | -$103.7M | -$118.9M | -$144.6M | -$133.5M | -$188.5M | -$83.5M | -$105.2M | -$78.4M | -$2.2M | -$12.1M | -$20.3M | $114M |
| Operating Margin | -28.2% | -22.9% | -20.9% | -21.8% | -18.0% | -32.2% | -7.8% | -9.2% | -6.8% | -0.2% | -0.9% | -1.4% | 7.6% |
| Interest Expense | $10.4M | $11.6M | $17.9M | $12.3M | $9.8M | $9M | $17.8M | $4.7M | $7M | $5.2M | $5.5M | $4M | $0 |
| Interest Income | $8.1M | $4.6M | $13.6M | $2.5M | $21.1M | $17.2M | $15.6M | $6.3M | $5.3M | $3.3M | $2M | $3M | $5M |
| Other Income (Expense) | -$294.4M | -$206.8M | -$282.2M | -$374.9M | -$226.9M | $2.43B | $206.3M | $0 | $6.6M | -$22.1M | -$17.7M | $428.7M | -$184M |
| Income Before Tax (EBT) | -$414M | -$310.5M | -$401.1M | -$519.5M | -$360.4M | $2.24B | $122.8M | $6.5M | -$71.8M | -$24.3M | -$29.8M | $410.2M | -$70M |
| Income Tax Expense | $13M | -$400K | -$77M | -$89.9M | -$74M | $481.2M | $24.2M | $15M | -$16.6M | -$10.4M | -$19.7M | $160.3M | -$42M |
| Net Income | -$513.2M | -$304.6M | -$313.4M | -$428.1M | -$287M | $1.79B | $77.3M | $27.6M | $108.8M | -$12.4M | -$22.9M | $256.2M | -$31M |
| Net Income Margin | -121.2% | -67.3% | -55.0% | -64.7% | -38.7% | 305.0% | 7.2% | 2.4% | 9.4% | -1.1% | -1.6% | 17.6% | -2.1% |
| Supplementary Data | |||||||||||||
| EPS | -9.08 | -4.73 | -4.27 | -5.25 | -3.19 | 20.84 | 1.07 | 0.39 | 1.54 | -0.18 | -0.32 | 2.75 | -0.14 |
| Diluted EPS | -9.08 | -4.73 | -4.27 | -5.25 | -3.19 | 20.79 | 1.07 | 0.39 | 1.54 | -0.17 | -0.32 | 2.75 | -0.13 |
| Weighted Average OS | 56.50M | 64.40M | 73.40M | 81.60M | 90.10M | 85.70M | 72.20M | 71.20M | 70.60M | 70.60M | 70.57M | 94.50M | 226.24M |
| EBITDA | -$376.6M | -$224.5M | -$150.9M | -$278.7M | -$374M | $2.25B | -$4M | -$58.9M | -$20.3M | $55.1M | $61.4M | $44.2M | $30M |
| EBITDA Margin | -88.9% | -49.6% | -26.5% | -42.1% | -50.4% | 383.6% | -0.4% | -5.1% | -1.8% | 4.7% | 4.3% | 3.0% | 2.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $182M | $131.5M | $106.2M | $247.7M | $85.8M | $724.7M | $533.7M | $315.7M | $245.6M | $141.7M | $31M |
| Short-Term Investments | $0 | $6.2M | $15.6M | $34.9M | $0 | $35.2M | $0 | $31.4M | $17.7M | $51.8M | $244M |
| Cash and Short-Term Investments | $182M | $137.7M | $121.8M | $282.6M | $85.8M | $759.9M | $533.7M | $347.1M | $263.3M | $193.5M | $275M |
| Accounts Receivable | $60.6M | $35.7M | $26M | $1.9M | $0 | $17.6M | $16M | $30.4M | $35.8M | $24.7M | $43M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $16.3M | $22.3M | $29.7M | $23.9M | $0 |
| Other Current Assets | $25.7M | $23.5M | $29.5M | $26.1M | $35.8M | $66.7M | $500K | $29.8M | $0 | $21.8M | $4.9M |
| Total Current Assets | $268.3M | $196.9M | $177.3M | $310.6M | $121.6M | $844.2M | $630.9M | $451.7M | $350.2M | $272.6M | $386.9M |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $165.9M | $197.8M | $202.2M | $243.5M | $272.6M | $348.1M | $355.5M | $176.4M | $218.8M | $235M | $227.3M |
| Goodwill | $53.4M | $53.4M | $53.4M | $53.4M | $53.4M | $53.4M | $66.1M | $164.9M | $202.7M | $103.1M | $188.4M |
| Intangible Assets | $13.2M | $15.1M | $16.8M | $23.5M | $26.9M | $51.8M | $63.1M | $175.8M | $214.5M | $111.8M | $177M |
| Long-Term Investments | $792.2M | $1.51B | $2.01B | $2.34B | $3.31B | $3.32B | $836.5M | $415M | $424.9M | $475.8M | $396M |
| Deferred Tax Assets | $600K | $73.9M | $82M | $22.7M | $0 | -$1.52B | $54.5M | $16.9M | $10.6M | $33.1M | $31M |
| Other Long-Term Assets | $27.1M | $178.8M | $145.3M | $136.2M | $108.7M | $1.52B | $85.6M | $55.5M | $65.5M | $241.9M | $65.9M |
| Total Long-Term Assets | $1.05B | $2.03B | $2.51B | $2.81B | $3.77B | $3.77B | $1.46B | $1B | $1.14B | $1.2B | $1.09B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.32B | $2.23B | $2.69B | $3.13B | $3.89B | $4.61B | $2.09B | $1.46B | $1.49B | $1.47B | $1.47B |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $91.9M | $16.6M | $27M | $25.8M | $22.7M | $25.7M | $19.6M | $23M | $20.3M | $24.7M | $127.7M |
| Short-Term Debt | $21.7M | $61M | $2.5M | $2.3M | $2.3M | $11.3M | $7M | $5.9M | $122.2M | $11.4M | $8.8M |
| Current Income Tax Payable | $0 | $3.3M | $5.2M | $9.8M | $32.6M | $57.3M | $49.3M | $24.2M | $800K | $0 | $0 |
| Current Unearned Revenue | $16.1M | $16.2M | $16.9M | $18.6M | $23.1M | $23.9M | $26.4M | $25.8M | $26.1M | $24.7M | $23.2M |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $47.4M | $0 | $33M | $0 | $78.3M | $0 |
| Total Current Liabilities | $129.7M | $146.5M | $107.5M | $122.7M | $179.5M | $202M | $198.7M | $160.3M | $249.8M | $159.5M | $159.7M |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $187.3M | $120M | $102.5M | $95.1M | $14.1M | $52.2M | $120.1M | $42.2M | $12.7M | $93.3M | $191.1M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $200K | $9.1M | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $143.8M | $325.3M | $0 | $200K | $0 | $0 | $0 |
| Other Long-Term Liabilities | -$110M | $12.1M | $12.2M | $13M | $15.5M | $53.1M | $43.9M | $57.4M | $36.9M | $210.7M | $62.2M |
| Total Long-Term Liabilities | $200.1M | $267.1M | $270M | $287.9M | $369M | $626.2M | $363.7M | $99.9M | $84.3M | $304M | $253.3M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $329.8M | $413.6M | $377.5M | $410.6M | $548.5M | $828.2M | $562.4M | $260.2M | $334.1M | $463.5M | $413M |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $961.6M | $0 |
| Retained Earnings | $23.3M | $567.1M | $901.3M | $1.21B | $1.64B | $1.93B | $143.6M | $46.1M | $200K | $0 | -$3M |
| Comprehensive Income & Other | $6.5M | -$19.2M | -$19.9M | -$18.1M | -$7.2M | -$4.9M | -$45.9M | -$67.2M | -$71M | -$68.1M | -$76M |
| Other Stockholders' Equity | $1B | $1.27B | $1.42B | $1.5B | $1.69B | $1.85B | $1.34B | $1.08B | $1.06B | -$68.1M | $948.5M |
| Total Equity | $1.02B | $1.84B | $2.32B | $2.72B | $3.34B | $3.78B | $1.49B | $1.12B | $1.06B | $893.5M | $945.5M |
| Minority Interest | -$32.9M | -$21.2M | -$15.3M | -$3.9M | $5.8M | $5.6M | $41.3M | $75.1M | $93.7M | $116.3M | $113.6M |
| Total Liabilities and Equity | $1.35B | $2.25B | $2.7B | $3.13B | $3.88B | $4.61B | $2.05B | $1.39B | $1.39B | $1.36B | $1.36B |
| Supplementary Data | |||||||||||
| Total Debt | $331.8M | $330.5M | $274.2M | $300M | $235.8M | $285.3M | $368.3M | $48.1M | $134.9M | $134.7M | $199.9M |
| Net Debt | $149.8M | $199M | $168M | $52.3M | $150M | -$439.4M | -$165.4M | -$274.9M | -$110.7M | -$7M | $168.9M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Operating Activities | |||||||||||||
| Net Income | -$3.08B | -$310.1M | -$313.4M | -$429.6M | -$286.4M | $1.79B | $46.8M | -$10.6M | $92.5M | -$11.9M | -$7.3M | $246.1M | -$27M |
| Depreciation & Amortization | $27M | $27.8M | $38.3M | $44.6M | $49.2M | $55.8M | $79.5M | $46.3M | $58.1M | $44.7M | $65.5M | $53.2M | $65M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$48.9M | $0 | $214.3M | $72.7M | -$269.5M | $32.8M | $44.5M | -$24M | $0 |
| Stock-Based Compensation | $19M | $19M | $3.5M | $1.5M | $2.4M | $4.2M | $4.6M | $21.8M | $500K | $1.2M | $1.4M | $11M | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $18.2M | -$7.3M | -$1.2M | -$4.2M | -$1.6M | $13M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | -$36.2M | $9.5M | -$12.2M | $11.8M | $11.2M | $0 | $0 |
| Accounts Payable | $0 | -$19.4M | -$19.4M | -$36.7M | -$1.2M | $0 | $8.4M | $900K | $15M | -$7.6M | -$23.5M | $0 | $0 |
| Other Working Capital | $33.6M | -$9M | -$111.2M | -$199.2M | -$200.2M | -$59.7M | -$79.5M | $11.5M | $31M | -$15.4M | -$67.3M | -$31M | $0 |
| Total Working Capital Change | $33.6M | -$28.4M | -$130.6M | -$235.9M | -$201.4M | -$59.7M | -$89.1M | $14.6M | $32.6M | -$15.4M | -$81.2M | -$18M | $0 |
| Other Non-Cash Items | $2.98B | $201.6M | $314.4M | $414.3M | $309M | -$1.9B | -$340.3M | -$167.7M | -$4.9M | $8.9M | -$11.8M | -$175.3M | -$38M |
| Net Cash from Operating | -$18.1M | -$90.1M | -$87.8M | -$205.1M | -$176.1M | -$113.9M | -$84.2M | -$22.9M | -$90.7M | $60.3M | $11.1M | $93M | $0 |
| Investing Activities | |||||||||||||
| Capital Expenditures | -$10.4M | -$7M | -$10M | -$14.3M | -$13.7M | -$22.3M | -$28.3M | -$15.9M | -$40.1M | -$55.2M | -$60.5M | -$86M | $0 |
| Acquisitions | $1.8M | $336.8M | $7.3M | $266.7M | -$954.8M | $8.6M | -$504.9M | $61.5M | $102M | -$144.5M | $52.9M | -$68M | $0 |
| Purchases of Investments | -$161.8M | -$131.1M | -$331.4M | -$34.9M | $308.5M | $0 | -$30M | -$42.3M | -$5.6M | -$46.2M | -$34.4M | $0 | $0 |
| Sales of Investments | $677M | $74M | $334.5M | $285.7M | $400.8M | $0 | $513.6M | $178M | $32.9M | $36M | $310.6M | $0 | $0 |
| Other Investing Activities | $11.5M | $25.6M | $52.7M | $18M | -$13.2M | -$60.5M | $25.4M | $5.4M | $2.5M | $41.7M | $4.5M | -$150M | $0 |
| Net Cash from Investing | $518.1M | $298.3M | $53.1M | $521.2M | -$272.4M | -$74.2M | -$24.2M | $186.7M | $91.7M | -$168.2M | $273.1M | -$304M | $0 |
| Financing Activities | |||||||||||||
| Debt Repaid | $97.8M | -$103.7M | -$65.7M | -$308.6M | -$206.6M | -$45.2M | -$380.5M | -$33.9M | -$84.4M | -$76.7M | -$132M | -$261M | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $236M | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$319.7M | -$235M | -$113.4M | -$229.5M | -$160.4M | -$15.2M | -$5.7M | -$200K | -$46M | -$52.1M | -$285.8M | -$2M | $0 |
| Dividends Paid | -$30.5M | -$22.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$1.5M | -$29.2M | -$59.1M | -$8.1M | -$200K | $349.1M | $248.3M | -$120.1M | $59.8M | -$45.4M | -$58.7M | -$272.9M | $0 |
| Net Cash from Financing | -$449.5M | -$182.9M | -$106.8M | -$154.2M | -$190.4M | $379.1M | $319.1M | -$86.4M | $98.2M | -$20.8M | -$212.5M | $95M | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $155M | $0 |
| Net Change in Cash | $50.5M | $25.3M | -$141.5M | $161.9M | -$638.9M | $191M | $210.7M | $77.4M | $99.2M | -$128.7M | $71.7M | $39M | $0 |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | -$18.1M | -$90.1M | -$87.8M | -$205.1M | -$176.1M | -$113.9M | -$84.2M | -$22.9M | -$90.7M | $60.3M | $11.1M | $93M | $0 |
| Capital Expenditure | -$10.4M | -$7M | -$10M | -$14.3M | -$13.7M | -$22.3M | -$28.3M | -$15.9M | -$40.1M | -$55.2M | -$60.5M | -$86M | $0 |
| Free Cash Flow | -$28.5M | -$97.1M | -$97.8M | -$219.4M | -$189.8M | -$136.2M | -$112.5M | -$38.8M | -$130.8M | $5.1M | -$49.4M | $7M | $0 |
| Cash at Beginning | $131.5M | $106.2M | $247.7M | $85.8M | $724.7M | $533.7M | $323M | $245.6M | $146.4M | $275.1M | $203.4M | $0 | $0 |
| Cash at End | $182M | $131.5M | $106.2M | $247.7M | $85.8M | $724.7M | $533.7M | $323M | $245.6M | $146.4M | $275.1M | $39M | $0 |