Centene Corporation

CNC Healthcare Healthcare Plans

Centene Corporation’s revenue for fiscal 2025 (year ended December 2025) was $194.8 billion, up 19.4% from fiscal 2024. In the quarter to June 2026, revenue grew 9.92%, EPS grew 533.3%, free cash flow grew 116.6% and total debt fell 8.37%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years.

69.16 1.35 −1.91%
Market cap
$34.8B
P/E
0.0×
Fwd P/E
24.8×
Dividend yield
—
F-score
5/9
Altman Z
2.64
Beneish M
−3.07
Dividend safety
n/a

Centene Corporation (CNC) Debt to equity

Alert me on Debt to equity

Centene Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.7×, down 0.2× from fiscal 2025 (0.9×). Over the past ten years it has ranged from 0.6× (fiscal 2015) to 1.1× (fiscal 2019); the current reading is higher than 91% of that period. That is in line with the Healthcare Plans industry median of 0.7× and above the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.9× 24.19%
FY2024 0.7× 1.75%
FY2023 0.7× (7.76%)
FY2022 0.7× 6.56%
FY2021 0.7× 7.88%
FY2020 0.6× (40.22%)
FY2019 1.1× 78.60%
FY2018 0.6× (11.32%)
FY2017 0.7× (13.10%)
FY2016 0.8× 39.88%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.7× (6.55%)
Mar 2026 0.8× (12.34%)
Dec 2025 0.9× 3.90%
Sep 2025 0.8× 30.77%
42 more quarters

Against its own ten years

Low 0.6× High 1.1×
Ten-year median 0.7×
Current reading's percentile 91

Debt to equity against peers

Company Debt to equity
CLOV Clover Health Investments, Corp. compare 0.0×
OSCR Oscar Health, Inc. compare 0.2×
UNH UnitedHealth Group Incorporated compare 0.7×
ELV Elevance Health, Inc. compare 0.7×
CNC Centene Corporation 0.7×
HUM Humana Inc. compare 0.7×
CI Cigna Group compare 0.7×
CVS CVS Health Corporation compare 0.8×
MOH Molina Healthcare, Inc compare 0.9×
Healthcare Plans industry median 0.7×
Healthcare sector median 0.0×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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