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.
Follow CNC
Centene Corporation (CNC) Return on invested capital
Centene Corporation's return on invested capital over the twelve months to 30 June 2026 was −30.2%, down 2.3 percentage points from fiscal 2025 (−27.8%). Over the past ten years it has ranged from −27.8% (fiscal 2025) to 30.3% (fiscal 2015) — the current reading is the lowest in ten years. That is below the Healthcare Plans industry median of 2.04% and below the Healthcare sector median of 0.00%.
Return on invested capital, annual
Embed this chart
Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | −27.8% | (34.84) |
| FY2024 | 7.00% | (0.59) |
| FY2023 | 7.59% | 4.63 |
| FY2022 | 2.96% | (0.62) |
| FY2021 | 3.58% | (2.78) |
| FY2020 | 6.36% | (1.95) |
| FY2019 | 8.31% | 0.48 |
| FY2018 | 7.83% | (2.94) |
| FY2017 | 10.8% | (2.11) |
| FY2016 | 12.9% | (17.45) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| HUM Humana Inc. compare | 17.5% |
| ELV Elevance Health, Inc. compare | 11.8% |
| UNH UnitedHealth Group Incorporated compare | 10.4% |
| CI Cigna Group compare | 9.09% |
| CVS CVS Health Corporation compare | 4.07% |
| OSCR Oscar Health, Inc. compare | 0.00% |
| MOH Molina Healthcare, Inc compare | 0.00% |
| CLOV Clover Health Investments, Corp. compare | −8.62% |
| CNC Centene Corporation | −30.2% |
| Healthcare Plans industry median | 2.04% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on CNC
- 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/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement