Centene Income Statement

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
Premiums & Annuity Revenue	171,556	142,303	135,636	127,131	112,319
Total Interest & Dividend Income	1,570	1,640	1,298	520	819
Gain (Loss) on Sale of Investments	-	-	-	-	-229
Other Revenue	3,025	3,202	4,459	8,348	5,664
Total Revenue	176,151	147,145	141,393	135,999	118,573
Revenue Growth (YoY)	19.71%	4.07%	3.97%	14.70%	13.71%
Policy Benefits	157,702	125,707	118,894	111,529	98,602
Amortization of Goodwill & Intangibles	685	692	718	817	770
Depreciation & Amortization	590	549	575	614	565
Selling, General & Administrative	12,878	12,305	12,407	11,366	9,376
Other Operating Expenses	3,012	2,969	3,886	7,294	5,182
Total Operating Expenses	174,867	142,222	136,480	131,620	114,495
Operating Income	1,284	4,923	4,913	4,379	4,078
Interest Expense	-678	-702	-725	-665	-665
EBT Excluding Unusual Items	606	4,221	4,188	3,714	3,413
Merger & Restructuring Charges	-26	-95	-253	-1,844	-211
Impairment of Goodwill	-6,723	-	-	-	-
Gain (Loss) on Sale of Assets	2	61	-352	301	-
Asset Writedown	-588	-13	-	-233	-
Legal Settlements	-	-	-	-6	-1,264
Other Unusual Items	1	83	15	30	-125
Pretax Income	-6,728	4,257	3,598	1,962	1,813
Income Tax Expense	-51	963	899	760	477
Earnings From Continuing Ops.	-6,677	3,294	2,699	1,202	1,336
Net Income to Company	-6,677	3,294	2,699	1,202	1,336
Minority Interest in Earnings	3	11	3	-	11
Net Income	-6,674	3,305	2,702	1,202	1,347
Net Income to Common	-6,674	3,305	2,702	1,202	1,347
Net Income Growth	-	22.32%	124.79%	-10.76%	-25.50%
Shares Outstanding (Basic)	493	522	543	575	583
Shares Outstanding (Diluted)	493	524	546	582	591
Shares Change (YoY)	-5.85%	-4.02%	-6.24%	-1.44%	1.97%
EPS (Basic)	-13.53	6.33	4.97	2.09	2.31
EPS (Diluted)	-13.53	6.31	4.95	2.07	2.28
EPS Growth	-	27.47%	139.13%	-9.21%	-26.92%
Free Cash Flow	4,321	-490	7,254	5,257	3,295
Free Cash Flow Per Share	8.76	-0.94	13.29	9.03	5.58
Operating Margin	0.73%	3.35%	3.48%	3.22%	3.44%
Profit Margin	-3.79%	2.25%	1.91%	0.88%	1.14%
Free Cash Flow Margin	2.45%	-0.33%	5.13%	3.86%	2.78%
EBITDA	2,559	6,164	6,206	5,809	5,413
EBITDA Margin	1.45%	4.19%	4.39%	4.27%	4.57%
D&A For EBITDA	1,275	1,241	1,293	1,430	1,335
EBIT	1,284	4,923	4,913	4,379	4,078
EBIT Margin	0.73%	3.35%	3.48%	3.22%	3.44%
Effective Tax Rate	-	22.62%	24.99%	38.74%	26.31%
Revenue as Reported	194,777	163,071	153,999	144,547	125,982

Updated Feb 6, 2026. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q