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Centene CNC Medicare — Prior years

Other segment segments

Medicaid
$6.82B-0.4%
Commercial
$3.25B+22.8%
Other
$76M-49.3%

Similar metrics at other companies

Molina Healthcare logo
MOHMedicare — Prior years
-$71M-26.8%
Molina Healthcare logo
MOHMedicare — Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid, Prior Years
$532M-14.6%
Molina Healthcare logo
MOHMedicaid — Prior years
-$153M+1.9%
Molina Healthcare logo
MOHOther — Prior years
-$3M
Progressive logo
PGRPrior years
$7.35B+8.0%
Globe Life logo
GLHealth premium — Prior years
-$3.37M-157%

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:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1.

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 medicare — prior years?
Centene (CNC) reported medicare — prior years of $2.71B in Q1 2026.
How has Centene's medicare — prior years changed year-over-year?
Centene's medicare — prior years increased by 40.9% year-over-year, from $1.92B to $2.71B.
What is the long-term trend for Centene's medicare — prior years?
Over 4 years (2021 to 2025), Centene's medicare — prior years has grown at a 10.5% compound annual growth rate (CAGR), from $1.7B to $2.53B.
What does medicare — prior years mean?
This represents the adjustment to claims liabilities established in previous fiscal periods based on actual development and final settlement. It reflects the accuracy of prior-year actuarial estimates.