Centene Corporation

Centene Corporation

76.01
USD
+8.53
(+12.64%)
2.95EPS
20.97P/E
30.75BMarket Cap
Feb 09Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
50.17
71.17
95.55
127.24
140.24
154.05
180.51
194.69
216.15
251.3
283.44
312.52
394.99
413.67
Basic EPS, GAAP
0.76
1.16
1.49
1.76
2.4
2.31
3.19
3.17
2.31
2.09
4.97
6.33
-13.53
2.96
Free Cash Flow per Basic Share
1.76
5.26
2.76
5.8
4.32
3.16
3.59
9.64
7.21
10.89
14.82
0.3
10.32
9.58
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
5.58
7.36
8.96
17.14
19.75
26.47
30.24
44.32
46
43.68
48.35
53.26
40.57
44.87
Tangible Book Value per Share
3.78
3.67
4.82
-1.05
2.03
4.03
8.73
-2.18
-1.37
-3.02
4.08
6.94
9.33
14.81
Basic Weighted Avg Shares
217
233
238
319
345
390
413
571
583
575
543
522
493
493
Sales/Revenue/Turnover
10,863
16,560
22,760
40,607
48,382
60,116
74,639
111,115
125,982
144,547
153,999
163,071
194,777
203,895
Operating Margin (%)
2.55
2.8
3.1
3.11
2.48
2.43
2.75
2.84
2.59
2.52
2.25
1.95
-0.16
0.75
Depreciation Expense
67
89
111
278
361
495
643
1,259
1,335
1,430
1,293
1,241
1,275
1,228
Net Income, GAAP
165
271
355
562
828
900
1,321
1,808
1,347
1,202
2,702
3,305
-6,674
1,460
Effective Tax Rate (%)
39.78
42.89
48.64
51.64
28.75
34.65
26.54
35.3
26.31
38.74
24.99
22.62
- -
23.91
Profit Margin (%)
1.52
1.64
1.56
1.38
1.71
1.5
1.77
1.63
1.07
0.83
1.75
2.03
-3.43
0.72
Working Capital
241
51
-24
-258
-629
27
7,391
1,808
2,732
1,664
4,040
3,738
3,674
6,393
LT Debt
666
874
1,216
4,651
4,695
6,648
14,260
16,682
22,190
21,071
18,590
19,161
17,966
15,454
Total Equity
1,243
1,891
2,324
6,054
6,876
11,023
12,692
25,962
27,022
24,237
25,956
26,510
20,056
22,307
Return on Invested Capital (%)
9.8
11.32
11.47
8.57
7.67
6.51
5.85
5.73
2.86
1.7
4.88
5.43
- -
2
Return on Capital (%)
10.59
12.73
11.88
9.37
9.24
7.72
7.28
6.56
4
3.38
7.19
8.5
- -
5.08
Return on Common Equity (%)
15.09
18.2
18.2
13.96
12.99
10.13
11.26
9.44
5.12
4.73
10.83
12.65
-28.79
6.77

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
63
75
88
LT Borrowings
16,308
16,030
15,454
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
494
494
495
Market Capitalization
16,166
31,709
30,748

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
44,989
46,685
45,461
Cash, Cash Equivalents & STI
23,741
27,057
23,586
Accounts Receivable, Net
19,426
18,076
20,329
Inventories
- -
- -
- -
Total Current Liabilities
40,045
40,759
39,068
Payables & Accruals
18,402
19,716
16,805
ST Debt
63
75
88
Deferred Revenue
953
706
680

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
33.27%
-4.27%
-24.35%
Free Cash Flow
359.56%
631.95%
3,203.9%
Net Income, GAAP
0.69%
-38.22%
-301.94%
Sales/Revenue/Turnover
25.48%
12%
19.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
40,407
39,836
42,023
40,805
163,071
2025
46,620
48,742
49,690
49,725
194,777
2026
49,944
53,579
50,647
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.17
2.16
1.37
0.57
6.33
2025
2.64
-0.51
-13.5
-2.24
-13.53
2026
3.13
2.21
-0.14
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Sarah McGinty London
Full Time Employees
61,100
Sector
Health services
Industry
Managed health care
Address
Centene Plaza St. Louis MO United States 63105
IPO Date
Dec 13, 2001
Business
Centene Corporation Centene Corporation manages a leading portfolio of government-sponsored healthcare programs, including Medicaid, Medicare Advantage, Medicare Prescription Drug Plans, Health Insurance Marketplace plans under the Ambetter brand, and TRICARE; it offers services through subsidiaries such as Wellcare for Medicare products and Envolve for pharmacy benefits management, alongside correctional healthcare via Centurion. Headquartered in St. Louis, Missouri, the company operates across all 50 states, serving more than 27 million members, primarily low-income, under-insured, and uninsured individuals, with a local approach featuring community-based health plans and innovative programs focused on physical health, emotional wellness, and social determinants of health. Founded in 1984 as a nonprofit Medicaid plan, Centene Corporation went public in 2001 and has expanded through strategic acquisitions like Wellcare in recent years; in 2024, it sold Collaborative Health Systems to Astrana Health and announced the divestiture of Magellan Specialty Health to Evolent Health, while entering a new credit agreement in March 2025 to support ongoing operations amid robust revenue growth to $44.9 billion in premium and service revenues for Q3 2025.

Company News

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  • Ambetter Health Announces 2027 Marketplace Offerings, Including Enhanced Condition-Specific Coverage Options

  • CENTENE CORPORATION TO HOST 2026 THIRD QUARTER FINANCIAL RESULTS EARNINGS CALL

  • 4.6 Million Americans Leave Health Insurance Market in Biggest Exodus in a Decade — and Those Staying Face a 15% Rate Hike

  • Centene Corporation Demonstrates Commitment to CHOICE Arrangements through Benefit Programs in Indiana, Ohio and Oklahoma

  • Centene's Gold Card Push Could Ease Costs - But Will Savings Follow?

  • PA Health & Wellness Earns National Recognition Among Top Medicaid Health Plans for Second Consecutive Year

  • Centene to Launch Nationwide Gold Card Program for Qualifying Providers

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