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Centene CNC Free cash flow yield

Free cash flow yield at other companies

CVS Health logo
CVS HealthCVS
8.1%
UnitedHealth Group logo
UnitedHealth GroupUNH
8%+2.8pp
Elevance Health logo
Elevance HealthELV
10.4%+6.6pp
Cencora logo
CencoraCOR
5.6%+4.7pp
Loews logo
LoewsL
8.8%-6.7pp
SS&C Technologies logo
SS&C TechnologiesSSNC
10.4%+3.5pp

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$30.13B-46.5%
Enterprise value$25.24B-66.7%
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.

Based on trailing twelve months.

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 free cash flow yield?
Centene (CNC) reported free cash flow yield of 44.2% in Q1 2026.
How has Centene's free cash flow yield changed year-over-year?
Centene's free cash flow yield increased by 791.6% year-over-year, from 5% to 44.2%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.