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) Net margin

Alert me on Net margin

Centene Corporation's net margin over the twelve months to 30 June 2026 was −2.51%, up 0.9 percentage points from fiscal 2025 (−3.43%). Over the past ten years it has ranged from −3.43% (fiscal 2025) to 2.03% (fiscal 2024) — the current reading is the lowest in ten years. That is below the Healthcare Plans industry median of 1.04% and below the Healthcare sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 −3.43% (5.46)
FY2024 2.03% 0.28
FY2023 1.75% 0.92
FY2022 0.83% (0.24)
FY2021 1.07% (0.56)
FY2020 1.63% (0.14)
FY2019 1.77% 0.27
FY2018 1.50% (0.21)
FY2017 1.71% 0.33
FY2016 1.38% (0.18)

Quarterly newest first

Period Net margin Change (points)
Jun 2026 2.04% (1.05)
Mar 2026 3.09% 5.30
Dec 2025 −2.21% 11.13
Sep 2025 −13.3% (12.82)
42 more quarters

Against its own ten years

Low −3.43% High 2.03%
Ten-year median 1.56%
Current reading's percentile 10

Net margin against peers

Company Net margin
OSCR Oscar Health, Inc. compare 3.60%
UNH UnitedHealth Group Incorporated compare 3.53%
ELV Elevance Health, Inc. compare 2.47%
CI Cigna Group compare 2.27%
CVS CVS Health Corporation compare 1.18%
HUM Humana Inc. compare 0.88%
MOH Molina Healthcare, Inc compare −0.02%
CLOV Clover Health Investments, Corp. compare −0.74%
CNC Centene Corporation −2.51%
Healthcare Plans industry median 1.04%
Healthcare sector median 0.00%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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