CNC
Centene Corp
NYSE: CNC · HEALTHCARE · HEALTHCARE PLANS
$53.98
+8.90% today
Updated 2026-04-29
Market cap
$26.66B
P/E ratio
—
P/S ratio
0.15x
EPS (TTM)
$-13.05
Dividend yield
—
52W range
$25 – $64
Volume
6.5M
Centene Corp (CNC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.28B | $2.77B | $3.36B | $4.10B | $4.45B | $5.21B | $8.11B | $10.86B | $16.56B | $22.76B | $40.61B | $48.38B | $60.12B | $74.64B | $111.11B | $125.98B | $144.55B | $154.00B | $163.07B | $194.78B |
| Revenue growth (YoY) | — | +21.5% | +21.5% | +21.9% | +8.4% | +17.2% | +55.6% | +33.9% | +52.4% | +37.4% | +78.4% | +19.1% | +24.3% | +24.2% | +48.9% | +13.4% | +14.7% | +6.5% | +5.9% | +19.4% |
| Cost of revenue | $1.88B | $2.25B | $2.70B | $3.22B | $3.81B | $4.43B | $7.30B | $9.65B | $14.66B | $20.01B | $35.06B | $42.58B | $51.70B | $65.80B | $95.90B | $111.78B | $127.89B | $122.46B | $146.24B | $170.94B |
| Gross profit | $398.47M | $516.78M | $667.26M | $878.55M | $634.83M | $781.70M | $813.00M | $1.21B | $1.90B | $2.75B | $5.54B | $5.80B | $8.42B | $8.84B | $15.22B | $14.20B | $16.66B | $31.54B | $16.83B | $23.83B |
| Gross margin | 17.5% | 18.7% | 19.8% | 21.4% | 14.3% | 15.0% | 10.0% | 11.1% | 11.5% | 12.1% | 13.7% | 12.0% | 14.0% | 11.8% | 13.7% | 11.3% | 11.5% | 20.5% | 10.3% | 12.2% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $346.28M | $399.69M | $444.73M | $514.53M | $477.76M | $577.90M | $677.00M | $931.00M | $1.42B | $2.02B | $4.13B | $4.45B | $6.75B | $6.53B | $11.34B | $10.17B | $20.92B | $12.27B | $12.40B | $13.26B |
| Operating income | $-28.91M | $55.24M | $131.56M | $138.13M | $157.07M | $203.80M | $108.00M | $277.00M | $464.00M | $705.00M | $1.26B | $1.20B | $1.46B | $1.78B | $3.08B | $1.78B | $1.32B | $2.93B | $3.17B | $-7.62B |
| Operating margin | -1.3% | 2.0% | 3.9% | 3.4% | 3.5% | 3.9% | 1.3% | 2.5% | 2.8% | 3.1% | 3.1% | 2.5% | 2.4% | 2.4% | 2.8% | 1.4% | 0.9% | 1.9% | 1.9% | -3.9% |
| EBITDA | $9.58M | $107.50M | $188.70M | $197.83M | $224.27M | $267.00M | $209.00M | $363.00M | $581.00M | $851.00M | $1.66B | $1.75B | $2.21B | $2.84B | $4.76B | $3.81B | $4.06B | $2.93B | $6.20B | $-5.14B |
| EBITDA margin | 0.4% | 3.9% | 5.6% | 4.8% | 5.0% | 5.1% | 2.6% | 3.3% | 3.5% | 3.7% | 4.1% | 3.6% | 3.7% | 3.8% | 4.3% | 3.0% | 2.8% | 1.9% | 3.8% | -2.6% |
| EBIT | $-11.02M | $79.70M | $153.29M | $153.83M | $172.27M | $208.67M | $143.13M | $295.58M | $492.00M | $740.00M | $1.38B | $1.39B | $1.71B | $2.19B | $3.50B | $2.48B | $2.63B | $2.93B | $4.96B | $-6.42B |
| Interest expense | $10.64M | $15.63M | $16.67M | $16.32M | $17.99M | $20.32M | $20.00M | $26.96M | $35.00M | $43.00M | $217.00M | $255.00M | $343.00M | $412.00M | $728.00M | $665.00M | $665.00M | $725.00M | $702.00M | $678.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-43.63M | $73.40M | $83.50M | $83.67M | $94.84M | $111.22M | $2.00M | $165.10M | $271.00M | $355.00M | $562.00M | $828.00M | $900.00M | $1.32B | $1.81B | $1.35B | $1.20B | $2.70B | $3.31B | $-6.67B |
| Net income growth (YoY) | — | +268.2% | +13.8% | +0.2% | +13.3% | +17.3% | -98.2% | +8154.9% | +64.1% | +31.0% | +58.3% | +47.3% | +8.7% | +46.8% | +36.9% | -25.5% | -10.8% | +124.8% | +22.3% | -301.9% |
| Profit margin | -1.9% | 2.7% | 2.5% | 2.0% | 2.1% | 2.1% | 0.0% | 1.5% | 1.6% | 1.6% | 1.4% | 1.7% | 1.5% | 1.8% | 1.6% | 1.1% | 0.8% | 1.8% | 2.0% | -3.4% |