Cannae Holdings, Inc.CNNE

NYSEConsumer SpendingRetail-Eating & Drinking Places
Price (close)
$15.74
Market cap
$682.6M
P/E
—
Revenue (TTM)
$408.6M
Net income
-$167.8M
Dividend yield
3.81%
1-year total return
-10.8%
Net margin
-41.1%
Revenue growth
-11.4%
Debt / equity
0.07x

What Cannae Holdings, Inc. does.

The following describes the business of Cannae Holdings, Inc. and its subsidiaries. Except where otherwise noted, all references to "we," "us," "our," "Cannae," "Cannae Holdings" or the "Company," are to Cannae Holdings, Inc. and its subsidiaries, taken together.

We primarily acquire interests in operating companies and are engaged in actively managing and operating a core group of those companies, which we are committed to supporting for the long term. From time to time, we also seek to take meaningful equity ownership stakes where we have the ability to control or significantly influence quality companies, and we bring the strength of our operational expertise to each of our subsidiaries. We are a long-term owner that secures control and governance rights of other companies primarily to engage in their lines of business, and we have no preset time constraints dictating when we sell or dispose of our businesses. We believe that our long-term ownership and active involvement in the management and operations of companies helps maximize the value of those businesses for our shareholders.

We believe Cannae provides our investors with a compelling opportunity to participate in the acquisition, operation and growth of businesses by a world-class management team. Fundamentally, the Company seeks to take meaningful equity ownership stakes where we have an ability to control or significantly influence quality companies that are well-positioned in their respective industries, run by best-in-class management teams and that operate in industries that have attractive organic and acquired growth opportunities. We leverage our management team's operational expertise, long-term relationships and industry connections and capital sourcing capabilities to identify, structure and execute on ownership interests in companies with these characteristics.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$3.0B$452.5M$483.4M$499.7M$452.5M$423.6M
Net income$1.8B-$287.0M-$428.1M-$313.4M-$304.6M-$525.0M
Free cash flow-$136.2M-$189.8M-$219.4M-$97.8M-$97.1M-$28.5M

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Figures from Cannae Holdings, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.