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Centene CNC Non-Controlling Interests

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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$33.09B+167%
Enterprise value$25.05B+62.2%
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
Debt / equity0.7×+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:MinorityInterest.

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

Filed
Jul 27, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001071739-26-000153
Line itemJune 30, 2026December 31, 2025
Additional paid-in capital20,89020,777
Accumulated other comprehensive (loss)(194)(58)
Retained earnings11,3068,674
Treasury stock, at cost (131,706 and 131,706 shares, respectively)(9,441)(9,441)
Total Centene stockholders' equity22,56219,953
Nonredeemable noncontrolling interest7280
Total stockholders' equity22,63420,033
Total liabilities, redeemable noncontrolling interests and stockholders' equity$83,012$76,747

Item 1. Financial Statements.

FAQ

What is Centene's non-controlling interests?
Centene (CNC) reported non-controlling interests of $72M in Q2 2026.
How has Centene's non-controlling interests changed year-over-year?
Centene's non-controlling interests decreased by 16.3% year-over-year, from $86M to $72M.
What is the long-term trend for Centene's non-controlling interests?
Over 5 years (2020 to 2025), Centene's non-controlling interests has grown at a -6.5% compound annual growth rate (CAGR), from $112M to $80M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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