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Centene CNC Debt-to-equity

Debt-to-equity at other companies

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HumanaHUM
0.7×+0.1×
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0.2×0.0×
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UnitedHealth GroupUNH
0.8×-0.1×
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Elevance HealthELV
0.7×0.0×
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0.9×+0.2×
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0.3×0.0×

Other financials

Income statement

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Revenue$53.6B+9.9%
Gross profit$52.9B+9.9%
Operating income$1.2B+362%
Net income$1.1B+531%
EPS (diluted)$2.19+529%

Balance sheet

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Cash & equivalents$24.2B+66.4%
Total debt$16.1B-8.4%
Total equity$22.6B-17.7%
Total assets$83.0B-3.9%

Cash flow

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Operating cash flow$3.6B+101%
CapEx$174.0M-16.3%
Free cash flow$3.4B+117%

Valuation

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Market cap$30.74B+139%
Enterprise value$22.69B+42.4%
P/S0.2×+0.1×

Profitability

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Gross margin98.6%+0.2pp
Operating margin-2.8%-3.9pp
Net margin-2.5%-3.7pp
FCF margin4.4%+3.8pp

Returns & leverage

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Return on equity-20.4%-27.9pp
Current ratio1.1×0.0×

Where this comes from

Calculated from Centene’s reported figures.

Based on the most recent quarter.

The source filing: Centene’s 10-Q, filed July 28, 2026. Open the filing →

Filed
Jul 27, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001071739-26-000153

FAQ

What is Centene's debt-to-equity?
Centene (CNC) reported debt-to-equity of 0.7× in Q2 2026.
How has Centene's debt-to-equity changed year-over-year?
Centene's debt-to-equity increased by 11.3% year-over-year, from 0.6× to 0.7×.
What is the long-term trend for Centene's debt-to-equity?
Over 5 years (2020 to 2025), Centene's debt-to-equity has grown at a 5.1% compound annual growth rate (CAGR), from 0.7× to 0.9×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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