Centene Corporation (CNC)
NYSE: CNC · Real-Time Price · USD
59.10
+1.29 (2.23%)
At close: Nov 20, 2024, 4:00 PM
59.14
+0.04 (0.07%)
Pre-market: Nov 21, 2024, 7:21 AM EST
Centene Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Premiums & Annuity Revenue | 141,016 | 135,636 | 127,131 | 112,319 | 100,055 | 67,439 | Upgrade
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| Total Interest & Dividend Income | 1,657 | 1,246 | 520 | 819 | 480 | 443 | Upgrade
|
| Gain (Loss) on Sale of Investments | - | -75 | - | -229 | - | - | Upgrade
|
| Other Revenue | 3,531 | 4,459 | 8,348 | 5,664 | 3,745 | 2,925 | Upgrade
|
| Total Revenue | 146,204 | 141,266 | 135,999 | 118,573 | 104,280 | 70,807 | Upgrade
|
| Revenue Growth (YoY) | 4.91% | 3.87% | 14.70% | 13.71% | 47.27% | 24.91% | Upgrade
|
| Policy Benefits | 124,532 | 118,894 | 111,529 | 98,602 | 86,264 | 58,862 | Upgrade
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| Amortization of Goodwill & Intangibles | 695 | 718 | 817 | 770 | 719 | 258 | Upgrade
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| Depreciation & Amortization | 547 | 575 | 614 | 565 | 487 | - | Upgrade
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| Selling, General & Administrative | 12,507 | 12,407 | 11,366 | 9,376 | 10,276 | 6,448 | Upgrade
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| Other Operating Expenses | 3,246 | 3,886 | 7,294 | 5,182 | 2,320 | 2,659 | Upgrade
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| Total Operating Expenses | 141,527 | 136,480 | 131,620 | 114,495 | 100,066 | 68,227 | Upgrade
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| Operating Income | 4,677 | 4,786 | 4,379 | 4,078 | 4,214 | 2,580 | Upgrade
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| Interest Expense | -713 | -725 | -665 | -665 | -728 | -412 | Upgrade
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| EBT Excluding Unusual Items | 3,964 | 4,061 | 3,714 | 3,413 | 3,486 | 2,168 | Upgrade
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| Merger & Restructuring Charges | -162 | -253 | -1,859 | -211 | -580 | -85 | Upgrade
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| Gain (Loss) on Sale of Assets | -12 | -225 | 301 | - | - | - | Upgrade
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| Asset Writedown | 129 | - | -218 | - | -72 | -271 | Upgrade
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| Legal Settlements | - | - | -6 | -1,264 | - | - | Upgrade
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| Other Unusual Items | 15 | 15 | 30 | -125 | -61 | -30 | Upgrade
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| Pretax Income | 3,934 | 3,598 | 1,962 | 1,813 | 2,773 | 1,782 | Upgrade
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| Income Tax Expense | 881 | 899 | 760 | 477 | 979 | 473 | Upgrade
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| Earnings From Continuing Ops. | 3,053 | 2,699 | 1,202 | 1,336 | 1,794 | 1,309 | Upgrade
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| Net Income to Company | 3,053 | 2,699 | 1,202 | 1,336 | 1,794 | 1,309 | Upgrade
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| Minority Interest in Earnings | 14 | 3 | - | 11 | 14 | 12 | Upgrade
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| Net Income | 3,067 | 2,702 | 1,202 | 1,347 | 1,808 | 1,321 | Upgrade
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| Net Income to Common | 3,067 | 2,702 | 1,202 | 1,347 | 1,808 | 1,321 | Upgrade
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| Net Income Growth | 25.49% | 124.79% | -10.76% | -25.50% | 36.87% | 46.78% | Upgrade
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| Shares Outstanding (Basic) | 530 | 543 | 575 | 583 | 571 | 413 | Upgrade
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| Shares Outstanding (Diluted) | 533 | 546 | 582 | 591 | 579 | 420 | Upgrade
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| Shares Change (YoY) | -3.70% | -6.24% | -1.44% | 1.97% | 37.76% | 5.50% | Upgrade
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| EPS (Basic) | 5.78 | 4.97 | 2.09 | 2.31 | 3.17 | 3.19 | Upgrade
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| EPS (Diluted) | 5.75 | 4.95 | 2.07 | 2.28 | 3.12 | 3.14 | Upgrade
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| EPS Growth | 29.81% | 139.13% | -9.21% | -26.92% | -0.64% | 38.94% | Upgrade
|
| Free Cash Flow | 245 | 7,254 | 5,257 | 3,295 | 4,634 | 753 | Upgrade
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| Free Cash Flow Per Share | 0.46 | 13.29 | 9.03 | 5.58 | 8.00 | 1.79 | Upgrade
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| Operating Margin | 3.20% | 3.39% | 3.22% | 3.44% | 4.04% | 3.64% | Upgrade
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| Profit Margin | 2.10% | 1.91% | 0.88% | 1.14% | 1.73% | 1.87% | Upgrade
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| Free Cash Flow Margin | 0.17% | 5.13% | 3.87% | 2.78% | 4.44% | 1.06% | Upgrade
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| EBITDA | 5,919 | 6,079 | 5,809 | 5,413 | 5,473 | 3,223 | Upgrade
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| EBITDA Margin | 4.05% | 4.30% | 4.27% | 4.57% | 5.25% | 4.55% | Upgrade
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| D&A For EBITDA | 1,242 | 1,293 | 1,430 | 1,335 | 1,259 | 643 | Upgrade
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| EBIT | 4,677 | 4,786 | 4,379 | 4,078 | 4,214 | 2,580 | Upgrade
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| EBIT Margin | 3.20% | 3.39% | 3.22% | 3.44% | 4.04% | 3.64% | Upgrade
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| Effective Tax Rate | 22.39% | 24.99% | 38.74% | 26.31% | 35.30% | 26.54% | Upgrade
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| Revenue as Reported | 161,726 | 153,999 | 144,547 | 125,982 | 111,115 | 74,639 | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.