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Centene CNC Enterprise value

Enterprise value at other companies

Humana logo
HumanaHUM
$29.86B-27.2%
CVS Health logo
CVS HealthCVS
$96.84B+4.3%
UnitedHealth Group logo
UnitedHealth GroupUNH
$295.52B-44.2%
Elevance Health logo
Elevance HealthELV
$86.14B-27.8%
Cencora logo
CencoraCOR
$71.12B+20.6%
Cigna logo
CignaCI
$65.96B-4.9%

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+48.2%
Free cash flow$4.2B+203%

Valuation

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Market cap$29.94B-46.5%
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

Calculated from Centene’s reported figures.

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 enterprise value?
Centene (CNC) reported enterprise value of $11.21B in Q1 2026.
How has Centene's enterprise value changed year-over-year?
Centene's enterprise value decreased by 66.7% year-over-year, from $33.62B to $11.21B.
What is the long-term trend for Centene's enterprise value?
Over 4 years (2021 to 2025), Centene's enterprise value has grown at a -15.4% compound annual growth rate (CAGR), from $199.1B to $102.13B.
What does enterprise value mean?
What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?
The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?
Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.