What is Centene's capex?

Centene (CNC) reported capex of $200M in Q1 2026.

How has Centene's capex changed year-over-year?

Centene's capex increased by 48.1% year-over-year, from $135M to $200M.

What is the long-term trend for Centene's capex?

Over 4 years (2021 to 2025), Centene's capex has grown at a -4.2% compound annual growth rate (CAGR), from $910M to $767M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Centene CNC CapEx

CapEx at other companies

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$121M+27.4%

CVS HealthCVS

$849M+14.3%

UnitedHealth GroupUNH

$763M-15.0%

Elevance HealthELV

$235M+19.9%

Molina HealthcareMOH

$27M+22.7%

Oscar HealthOSCR

$8.79M-2.6%

Other financials

Income statement

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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

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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

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Operating cash flow$4.4B+189%

Free cash flow$4.2B+203%

Valuation

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Market cap$31.7B+25.7%

Enterprise value$26.8B-3.7%

P/S0.2×0.0×

Profitability

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Gross margin98.7%+0.3pp

Operating margin-3.7%-5.8pp

Net margin-3.3%-5.3pp

FCF margin3.6%+2.7pp

Returns & leverage

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Return on equity-26.1%-38.7pp

Debt / equity0.8×+0.1×

Current ratio1.1×0.0×

Where this comes from

Reported directly by Centene in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Centene’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Centene's capex?: Centene (CNC) reported capex of $200M in Q1 2026.
How has Centene's capex changed year-over-year?: Centene's capex increased by 48.1% year-over-year, from $135M to $200M.
What is the long-term trend for Centene's capex?: Over 4 years (2021 to 2025), Centene's capex has grown at a -4.2% compound annual growth rate (CAGR), from $910M to $767M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.