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) EV/EBITDA

Alert me on EV/EBITDA

Centene Corporation has no meaningful EV/EBITDA: its trailing twelve-month EBITDA is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 22.5× (April 2020) — the current reading is the lowest in ten years.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 0.0× —
FY2024 7.6× (19.85%)
FY2023 9.5× (47.51%)
FY2022 18.0× 7.60%
FY2021 16.7× 87.95%
FY2020 8.9× (19.26%)
FY2019 11.0× (6.83%)
FY2018 11.8× 3.83%
FY2017 11.4× 84.45%
FY2016 6.2× (25.90%)

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
Sep 2025 0.0× —
42 more quarters

Against its own ten years

Low 0.0× High 22.5×
Ten-year median 9.4×
Current reading's percentile 9

EV/EBITDA against peers

Company EV/EBITDA
CNC Centene Corporation n/m
CLOV Clover Health Investments, Corp. compare n/m
CI Cigna Group compare 8.3×
CVS CVS Health Corporation compare 8.9×
OSCR Oscar Health, Inc. compare 9.4×
ELV Elevance Health, Inc. compare 9.8×
HUM Humana Inc. compare 11.5×
MOH Molina Healthcare, Inc compare 15.3×
UNH UnitedHealth Group Incorporated compare 15.5×
Healthcare Plans industry median 11.5×
Healthcare sector median 9.2×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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