Companies / Health Care
CNC
Centene Corporation
Managed Health Care
Managed Health CareAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health54
Growth74
Profitability2
Cash generation25
Balance sheet69
Dilution control100
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)0.5%Revenue growth (FY)20.0%Revenue CAGR (3y)8.8%Gross margin8.1%Operating margin-4.4%Net margin-3.8%Free cash flow margin2.5%R&D / revenue—Stock comp / revenue0.1%Net debt / operating cash flow-0.07xCurrent ratio1.10Diluted share count change-5.8%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $118.0B | $135.5B | $140.1B | $145.5B | $174.6B |
| Gross profit | $14.5B | $16.9B | $17.6B | $17.1B | $14.2B |
| Operating income | $1.8B | $1.3B | $2.9B | $3.2B | -$7.6B |
| Net income | $1.3B | $1.2B | $2.7B | $3.3B | -$6.7B |
| Operating cash flow | $4.2B | $6.3B | $8.1B | $154M | $5.1B |
| Capital expenditure | $910M | $1.0B | $799M | $644M | $767M |
| Free cash flow | $3.3B | $5.3B | $7.3B | -$490M | $4.3B |
| Stock-based comp | $203M | $234M | $216M | $212M | $204M |
| Buybacks | $297M | $3.1B | $1.6B | $3.1B | $475M |
| Cash | $13.1B | $12.1B | $17.2B | $14.1B | $17.9B |
| Total debt | $19.3B | $18.3B | $18.1B | $18.8B | $17.5B |
| Equity | $26.8B | $24.1B | $25.8B | $26.4B | $20.0B |
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