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.
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Centene Corporation (CNC) 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 | Free account |
Against its own ten years
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)
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
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