Centene Corporation (CNC)

NYSE: CNC · Real-Time Price · USD

67.47

+1.43 (2.17%)

At close: Aug 14, 2026, 4:00 PM EDT

67.35

-0.12 (-0.18%)

Pre-market: Aug 17, 2026, 5:50 AM EDT

Centene Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Revenue	180,304	176,151	147,145	141,393	135,999	118,573
Revenue Growth	12.94%	19.71%	4.07%	3.97%	14.70%	13.71%
Operating Income	3,360	1,286	4,923	4,913	4,379	4,078
Net Income	-5,100	-6,674	3,305	2,702	1,202	1,347
Earnings Per Share	-10.36	-13.53	6.31	4.95	2.07	2.28
EPS Growth	-	-	27.47%	139.13%	-9.21%	-26.92%

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Medicaid	116,861	110,434	101,417	100,759	93,151	84,139
Medicare	40,384	37,210	23,032	22,261	22,484	17,512
Commercial	40,696	42,003	33,702	24,845	17,380	16,956
Other	4,997	5,130	4,920	6,134	11,532	7,375
Revenue (Total)	202,938	194,777	163,071	153,999	144,547	125,982

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Cash & Investments	24,151	17,888	14,063	17,193	12,074	13,118
Total Debt	16,105	18,162	19,429	18,877	21,333	22,661
Net Cash (Debt)	8,046	-274	-5,366	-1,684	-9,259	-9,543
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	16.35	-0.56	-10.25	-3.09	-15.91	-16.16

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Cash Flow	9,749	5,088	154	8,053	6,261	4,205
Capital Expenditures	-798	-767	-644	-799	-1,004	-910
Free Cash Flow	8,951	4,321	-490	7,254	5,257	3,295
Free Cash Flow Growth	728.80%	-	-	37.99%	59.55%	-28.89%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Margin	1.86%	0.73%	3.35%	3.48%	3.22%	3.44%
Pretax Margin	-2.57%	-3.82%	2.89%	2.54%	1.44%	1.53%
Profit Margin	-2.83%	-3.79%	2.25%	1.91%	0.88%	1.14%
FCF Margin	4.96%	2.45%	-0.33%	5.13%	3.86%	2.78%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 17, 2026	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
PE Ratio	-	-	9.25	14.67	38.64	35.70
Forward PE	14.44	17.68	8.90	11.71	13.56	15.17
P/FCF Ratio	3.72	4.68	-	5.47	8.83	14.59
PS Ratio	0.18	0.12	0.21	0.28	0.34	0.41