Centene Corporation (CNC) vs Elevance Health, Inc. (ELV)
Centene Corporation and Elevance Health, Inc. are both Healthcare Plans companies. Elevance Health, Inc. is the larger, with a market value of $86.4B against $30.6B — 2.8× the size. Centene Corporation has negative trailing earnings, so its P/E is not meaningful; Elevance Health, Inc. trades at 17.6×. Centene Corporation grew revenue faster over the last twelve months: 13.9% against 6.29%. Elevance Health, Inc. has the higher net margin (2.47% vs −2.51%) and the higher return on invested capital (11.8% vs −30.2%). Across the 20 metrics below, Elevance Health, Inc. leads on 12 and Centene Corporation on 8.
Valuation
Profitability
| Metric | CNC | ELV | Healthcare Plans median |
|---|---|---|---|
| Gross margin | 7.82% | 15.12% | 19.04% |
| Operating margin | (2.78%) | 3.63% | 1.93% |
| Net margin | (2.51%) | 2.47% | 1.04% |
| Free cash flow margin | 4.41% | 3.13% | 3.18% |
| Return on equity | (20.35%) | 11.17% | 12.48% |
| Return on assets | (6.02%) | 4.00% | 2.98% |
| Return on invested capital | (30.17%) | 11.83% | 2.04% |
Growth
Health
Dividend
Size
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