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Centene CNC Medicaid — Current year

Other segment segments

Medicare
$6.4B+22.0%
Commercial
$4.52B-4.4%
Other
$358M-0.3%

Similar metrics at other companies

Molina Healthcare logo
MOHMedicaid — Current year
$7.45B-0.6%
Molina Healthcare logo
MOHMedicare — Current year
$1.43B+6.1%
Molina Healthcare logo
MOHOther — Current year
$6M-73.9%
Molina Healthcare logo
MOHMedicaid — Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid, Current Year
$4.72B+2.7%
Molina Healthcare logo
MOHMedicaid — Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims
$7.3B-0.6%
Molina Healthcare logo
MOHMarketplace — Current year
$634M-20.3%

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$32.46B+20.7%
Enterprise value$27.56B-8.0%
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:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1.

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 medicaid — current year?
Centene (CNC) reported medicaid — current year of $14.09B in Q1 2026.
How has Centene's medicaid — current year changed year-over-year?
Centene's medicaid — current year increased by 8.4% year-over-year, from $13B to $14.09B.
What is the long-term trend for Centene's medicaid — current year?
Over 4 years (2021 to 2025), Centene's medicaid — current year has grown at a 6.1% compound annual growth rate (CAGR), from $59.84B to $75.87B.
What does medicaid — current year mean?
Refers to the medical claims expense incurred specifically for services provided during the current fiscal year. This metric is used to evaluate the current underwriting performance and medical cost trends of the Medicaid segment.