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Centene CNC Other — Prior years

Other segment segments

Medicaid
$6.82B-0.4%
Commercial
$3.25B+22.8%
Medicare
$2.71B+40.9%

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ORIOther — Claims and claim adjustment expenses attributable to insured events of prior years
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ORIOther — Prior Year Claims and Claims Adjustment Expense
$800K-42.9%
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AIGPrior years
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SIGIOther — Incurred loss and loss expense for claims occurring in the prior year
$0-100%

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 other — prior years?
Centene (CNC) reported other — prior years of $76M in Q1 2026.
How has Centene's other — prior years changed year-over-year?
Centene's other — prior years decreased by 49.3% year-over-year, from $150M to $76M.
What is the long-term trend for Centene's other — prior years?
Over 2 years (2021 to 2025), Centene's other — prior years has grown at a 81.8% compound annual growth rate (CAGR), from $49M to $162M.
What does other — prior years mean?
Refers to the development of claims incurred in previous reporting periods, representing the adjustment to reserves based on actual claim settlement experience. This reflects the accuracy of prior actuarial estimates.