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.

Revenue
+1.93%
EPS
+99.0%
Free cash flow
−437.4%
Total debt
−11.6%

Quarter to September 2026, against a year earlier

69.74 4.43 −5.97%
Market cap
$36.7B
P/E
23.5×
Fwd P/E
17.4×
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

As of 6 November 2026, Centene Corporation (CNC) trades at a EV/EBITDA of 11.8×. Over the past ten years it has ranged from 0.0× (September 2026) to 22.5× (April 2020); the current reading is higher than 69% of that period. That is below the Healthcare Plans industry median of 12.6× and above the Healthcare sector median of 8.5×.

EV/EBITDA, daily

Embed this chart

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
Sep 2026 10.1× —
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
43 more quarters

Against its own ten years

Low 0.0× High 22.5×
Ten-year median 9.5×
Current reading's percentile 69

EV/EBITDA against peers

Company EV/EBITDA
CVS CVS Health Corporation compare 7.8×
CI Cigna Group compare 8.1×
OSCR Oscar Health, Inc. compare 8.6×
ELV Elevance Health, Inc. compare 9.3×
CNC Centene Corporation 11.8×
HUM Humana Inc. compare 12.6×
UNH UnitedHealth Group Incorporated compare 14.0×
MOH Molina Healthcare, Inc compare 18.2×
PGNY Progyny, Inc. compare 20.9×
Healthcare Plans industry median 12.6×
Healthcare sector median 8.5×
Market median 10.9×

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 →

More on CNC