Centene Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Investments	19,467	20,051	18,745	17,005	15,597
Cash & Equivalents	17,888	14,063	17,193	12,074	13,118
Reinsurance Recoverable	-	65	49	23	23
Other Receivables	18,105	19,826	15,636	13,381	12,311
Property, Plant & Equipment	2,037	2,426	2,415	4,986	6,957
Goodwill	10,835	17,558	17,558	18,812	19,771
Other Intangible Assets	4,530	5,409	6,101	6,911	7,824
Other Current Assets	1,945	1,423	5,419	2,329	1,506
Other Long-Term Assets	1,940	1,624	1,525	1,349	1,268
Total Assets	76,747	82,445	84,641	76,870	78,375
Accounts Payable	13,774	13,016	16,239	9,345	8,289
Insurance & Annuity Liabilities	1,592	2,008	1,462	1,634	2,328
Unpaid Claims	20,544	18,308	18,000	16,745	14,243
Unearned Premiums	736	661	715	478	434
Current Portion of Long-Term Debt	50	110	119	82	267
Current Portion of Leases	-	158	168	180	204
Long-Term Debt	17,351	18,423	17,699	17,685	18,078
Long-Term Leases	-	738	891	3,386	4,112
Long-Term Deferred Tax Liabilities	833	684	641	615	1,407
Other Current Liabilities	-	-	13	-	-
Other Long-Term Liabilities	1,811	1,829	2,738	2,483	1,991
Total Liabilities	56,691	55,935	58,685	52,633	51,353
Common Stock	1	1	1	1	1
Additional Paid-In Capital	20,777	20,562	20,304	20,060	19,672
Retained Earnings	8,674	15,348	12,043	9,341	8,139
Treasury Stock	-9,441	-8,997	-5,856	-4,213	-1,094
Comprehensive Income & Other	-58	-504	-652	-1,132	77
Total Common Equity	19,953	26,410	25,840	24,057	26,795
Minority Interest	103	100	116	180	227
Shareholders' Equity	20,056	26,510	25,956	24,237	27,022
Total Liabilities & Equity	76,747	82,445	84,641	76,870	78,375
Filing Date Shares Outstanding	491.76	496.04	534.86	551.26	582.87
Total Common Shares Outstanding	491.76	495.91	534.48	550.75	582.48
Total Debt	17,401	19,429	18,877	21,333	22,661
Net Cash (Debt)	487	-5,366	-1,684	-9,259	-9,543
Net Cash Per Share	0.99	-10.25	-3.09	-15.91	-16.16
Book Value Per Share	40.57	53.26	48.35	43.68	46.00
Tangible Book Value	4,588	3,443	2,181	-1,666	-800
Tangible Book Value Per Share	9.33	6.94	4.08	-3.02	-1.37
Land	-	156	156	178	248
Buildings	-	523	534	659	1,116
Machinery	-	867	846	970	1,370
Leasehold Improvements	-	273	252	467	732

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.