Centene Corporation (CNC)
Healthcare · Healthcare Plans · NYSE
Centene Corporation revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.61B | $48.38B | $60.12B | $74.64B | $111.11B | $125.98B | $144.55B | $154.00B | $163.07B | $194.78B |
| Gross profit | $38.74B | $46.53B | $57.73B | $72.17B | $107.81B | $14.49B | $16.92B | $17.64B | $17.07B | $14.21B |
| Net income | $562.00M | $828.00M | $900.00M | $1.32B | $1.81B | $1.35B | $1.20B | $2.70B | $3.31B | $-6.67B |
| Net margin | 1.4% | 1.7% | 1.5% | 1.8% | 1.6% | 1.1% | 0.8% | 1.8% | 2.0% | -3.4% |
Source: Centene Corporation SEC filings (10-K). 18 years of history available in the interactive view.
What growth is priced into CNC stock?
At today's market cap of $32.69B, Centene Corporation is priced for free-cash-flow growth of about -5.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $4.32B from the FY ending 2025-12-31). For comparison, free cash flow actually grew -1.4%/yr over the last five fiscal years and revenue 11.9%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 18 years of Centene Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Centene Corporation financial history by metric
About Centene Corporation
Centene Corporation operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States. It operates through four segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment offers the temporary assistance for needy families; medicaid expansion; aged, blind, or disabled; and children's health insurance programs, as well as long-term services and supports; foster care; and medicare-medicaid plans. This segment also provides healthcare products and services. The Medicare segment offers special needs and medicare supplement, and prescription drug plans. The Commercial segment provides health insurance marketplace product for individual and commercial group. The Other segment operates clinical healthcare and pharmacies, as well as offers vision and dental, behavioral health, and centralized services. It provides services through primary and specialty care physicians, hospitals, behavioral health practitioners, and ancillary providers. The company was founded in 1984 and is headquartered in Saint Louis, Missouri.
Centene Corporation — frequently asked questions
What is Centene Corporation's revenue?
Centene Corporation (CNC) reported revenue of $194.78B for fiscal year 2025, up 19.4% from the prior year, according to its SEC filings.
Is Centene Corporation profitable?
No — CNC reported a net loss of $-6.67B in fiscal 2025.
What is CNC's P/E ratio?
Centene Corporation trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Centene Corporation growing?
CNC's revenue grew at roughly 11.9% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Centene Corporation have?
As of fiscal year 2025, CNC carried roughly $17.49B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Centene Corporation's gross margin?
CNC's gross margin was 7.3% in fiscal 2025 — gross profit of $14.21B on revenue of $194.78B.
What is Centene Corporation's market cap?
Centene Corporation (CNC) has a market capitalization of about $32.69B, based on the latest data in our nightly-refreshed cache.
When does Centene Corporation's fiscal year end?
CNC's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into CNC stock?
At today's market cap of $32.69B, Centene Corporation is priced for free-cash-flow growth of about -5.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $4.32B from the FY ending 2025-12-31). For comparison, free cash flow actually grew -1.4%/yr over the last five fiscal years and revenue 11.9%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Centene Corporation's official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.