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Centene CNC Managed Care — Premium And Service Revenues

Discontinued — last reported Q4 '15

Similar metrics at other companies

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MOHPremium revenue — Revenue
$4.57B+12.9%
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THCManaged care — Net operating revenues
$2.39B-0.3%
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HCAManaged Care And Other Insurers — Revenues From Third Party Payers
$9.08B+0.5%
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MOHMedicare — Premiums Earned And Service Revenue
$1.52B+3.3%
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HCAManaged Medicare — Revenues From Third Party Payers
$3.51B+6.3%
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MOHMarketplace — Premiums Earned And Service Revenue
$724M-27.9%

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%
CapEx$200.0M+48.1%
Free cash flow$4.2B+203%

Valuation

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Market cap$30.13B-46.5%
Enterprise value$25.24B-66.7%
P/S0.2×-0.2×

Profitability

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Gross margin98.7%+0.3pp
Operating margin-3.7%-5.8pp
Net margin-3.3%-5.3pp

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 cnc:PremiumAndServiceRevenues.

The official record: Centene’s 10-K, filed February 22, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does managed care — premium and service revenues mean?
Total revenue earned from insurance premiums and service fees.
How do you interpret managed care — premium and service revenues?
Growth in this metric indicates an expanding member base or higher premium rates, which is generally positive for market position.
How does managed care — premium and service revenues compare across companies?
Comparable to 'Total Revenue' or 'Premium Revenue' for all major managed care organizations (MCOs).