What are Centene's profit margins?

Centene (CNC) runs a 98.7% gross margin and a -3.7% operating margin, with a -3.3% net margin.

Where do Centene's ratios come from?

Every ratio is computed from Centene's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Centene CNC Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	394%+1.7pp	392.3%+4.5pp	387.8%+7.0pp	380.8%-5.5pp
Operating margin	-3.8%-11.5pp	7.7%—	——	——
Net margin	-3.1%-10.6pp	7.5%—	——	——
EBITDA margin	-1%-11.8pp	10.8%-0.3pp	11.1%+1.3pp	9.9%-1.8pp
Free cash flow margin	5.5%+2.5pp	3%—	——	——
Returns
Return on equity	-30.6%-76.1pp	45.5%—	——	——
Return on assets	-8.3%-22.7pp	14.3%—	——	——
Return on invested capital	-37.1%-69.1pp	32.1%+6.5pp	25.5%+8.0pp	17.5%+0.5pp
Efficiency
Asset turnover	8.8×+1.1×	7.7×+0.4×	7.3×+0.1×	7.2×+0.4×
Liquidity
Current ratio	4.4×-0.2×	4.6×+0.1×	4.4×+0.1×	4.3×-0.1×
Quick ratio	4.4×-0.2×	4.6×+0.1×	4.4×+0.1×	4.3×-0.1×
Cash ratio	1.7×-0.2×	1.9×-0.1×	2×+0.2×	1.7×-0.2×
Leverage
Debt-to-equity	3×+0.4×	2.7×-0.5×	3.2×-0.2×	3.4×+0.3×
Debt-to-assets	0.9×0.0×	0.9×-0.1×	1×-0.1×	1.1×0.0×
Interest coverage	-11.6×-28.8×	17.2×+1.2×	15.9×+3.3×	12.6×+0.5×
Per Share
Book value per share	$194.68-4.7%	$204.22+9.8%	$185.95+5.6%	$176.08-1.8%
Valuation
Market capitalization	$94.76B-35.8%	$147.54B-0.8%	$148.76B-21.5%	$189.47B+15.3%
Enterprise value	$102.13B-34.7%	$156.37B-3.1%	$161.34B-28.5%	$225.53B+13.3%
Price / sales	0.5×-0.4×	0.9×-0.1×	1×-0.4×	1.4×0.0×
Price / book	3.9×-1.5×	5.5×-0.4×	5.8×-1.5×	7.4×+1.1×
EV / sales	0.6×-0.4×	1×-0.1×	1.1×-0.5×	1.6×0.0×
Free cash flow yield	49.5%+37.8pp	11.7%—	——	——
Earnings yield	-44.1%-77.1pp	33%—	——	——

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Questions, answered.

What are Centene's profit margins?: Centene (CNC) runs a 98.7% gross margin and a -3.7% operating margin, with a -3.3% net margin.
Where do Centene's ratios come from?: Every ratio is computed from Centene's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.