What is Centene's market cap?

Centene (CNC) has a market capitalization of $33.1B and trades on NYSE.

What is Centene's revenue and profitability?

Centene generated $198.10B in trailing twelve-month revenue with a net loss of $6.4B, representing a net margin of -3.3%. Gross margin stands at 98.7%, with free cash flow of $7.1B. These figures are based on the Q1 2026 filing.

Who are Centene's competitors?

Centene's key competitors include UnitedHealth Group, Humana, CVS Health, and others. These companies compete in similar markets and product categories.

Who does Centene partner with?

Centene's notable partners include National Association of Community Health Centers, Internal Revenue Service.

What subsidiaries does Centene have?

Centene's subsidiaries include Wellcare, Ambetter Health, AcariaHealth, and others.

Where is Centene headquartered?

Centene is headquartered in United States of America and employs approximately 67,700 people. It has been publicly traded since 2001.

Centene

CNC

Centene Corporation is a leading managed care organization focused on providing high-quality, affordable healthcare solutions to underserved and low-income populations.

Market cap

$33.13B+99.9%

Revenue$198.10B+17.0%

Net income-$6.4B-287%

Free cash flow$7.1B+377%

EPS (diluted)-$13.14-294%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 28, 2026

Revenue$49.9BBeat by $2.4B EPS$3.37Beat by $1.14

Read the full report

Next report

Jul 28, 2026 (In 2 weeks)

Revenue estimate$47.6B

EPS estimate$1.05

Financials

Q1 2026

Income statement

See full

Revenue$49.9B+7.1%

Gross profit$49.2B+7.2%

Operating income$1.9B+21.3%

Net income$1.5B+17.5%

EPS (diluted)$3.11+18.3%

Balance sheet

See full

Cash & equivalents$21.3B+43.5%

Total debt$16.4B-10.6%

Total equity$21.4B-23.2%

Total assets$81.2B-6.7%

Cash flow

See full

Operating cash flow$4.4B+189%

CapEx$200.0M+48.1%

Free cash flow$4.2B+203%

Valuation & ratios

Valuation

See full

Market cap$33.13B+99.9%

Enterprise value$28.24B+43.8%

P/S0.2×+0.1×

Profitability

See full

Gross margin98.7%+0.3pp

Operating margin-3.7%-5.8pp

Net margin-3.3%-5.3pp

FCF margin3.6%+2.7pp

Returns & leverage

See full

Return on equity-26.1%-38.7pp

Debt / equity0.8×+0.1×

Current ratio1.1×0.0×

Segments

By segment

See full

Medicaid$28.9B+9.3%

Medicare$10.3B+17.9%

Commercial$9.6B-5.8%

Other$1.2B-8.2%

By product

See full

Premium and service revenues$44.7B+5.1%

Premium$43.9B+5.2%

Service$768.0M-1.2%

Competitors

By market cap

UnitedHealth Group$386.51B+38.1%

CVS Health$133.30B+56.3%

Elevance Health$90.4B+15.0%

Humana$47.6B+64.5%

Centene$33.1B+99.9%

Molina Healthcare$12.0B-7.3%

Astrana Health$2.3B+96.7%

eHealth$51.1M-59.5%

By revenue growth

Astrana Health+56.7%

Centene+17.0%

Humana+14.1%

UnitedHealth Group+9.7%

Elevance Health+9.3%

Molina Healthcare+7.7%

CVS Health+7.6%

By net margin

Humana2.96%0.0pp

UnitedHealth Group2.68%-2.7pp

Elevance Health2.62%-0.6pp

Molina Healthcare1.98%-1.4pp

Astrana Health0.857%-1.7pp

CVS Health0.719%-0.7pp

Centene-3.25%-5.3pp

Profile

Centene Corporation is a leading managed care organization focused on providing high-quality, affordable healthcare solutions to underserved and low-income populations. The company operates as an intermediary between government programs and healthcare providers, leveraging a local approach to manage health outcomes for members in Medicaid, Medicare, and the Health Insurance Marketplace. Its core value proposition lies in its scale, data-driven care management, and ability to address social determinants of health through community-based partnerships.

Competitive position

Centene is the nation's largest Medicaid and Health Insurance Marketplace insurer and the largest stand-alone Prescription Drug Plan provider.

GeographiesUnited States

Customer segmentsGovernment agencies, Low-income individuals, Seniors, Employers

Business modelB2G (Business-to-Government), B2C (Business-to-Consumer), Capitation-based insurance, Fee-for-service

SuppliersFederal government (CMS) funding, State government Medicaid agencies, Pharmaceutical manufacturers, Medical technology and data providers

CustomersMedicaid and Medicare beneficiaries, Individual health insurance consumers, Employer groups, Healthcare providers (hospitals and physicians)

CountryUnited States of America

Listed2001

Employees67.7K

CEOSarah London

SectorHealthcare

IndustryMedical - Healthcare Plans

Websitecentene.com

FilingsSEC EDGAR

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Questions, answered.

What is Centene's market cap?: Centene (CNC) has a market capitalization of $33.1B and trades on NYSE.
What is Centene's revenue and profitability?: Centene generated $198.10B in trailing twelve-month revenue with a net loss of $6.4B, representing a net margin of -3.3%. Gross margin stands at 98.7%, with free cash flow of $7.1B. These figures are based on the Q1 2026 filing.
Who are Centene's competitors?: Centene's key competitors include UnitedHealth Group, Humana, CVS Health, and others. These companies compete in similar markets and product categories.
Who does Centene partner with?: Centene's notable partners include National Association of Community Health Centers, Internal Revenue Service.
What subsidiaries does Centene have?: Centene's subsidiaries include Wellcare, Ambetter Health, AcariaHealth, and others.
Where is Centene headquartered?: Centene is headquartered in United States of America and employs approximately 67,700 people. It has been publicly traded since 2001.