Stocktoria

CENTENE CORP CNC

NYSE · stock · Hospital & Medical Service Plans · website · IPO 2001-12-13 · LEI

CENTENE CORP statistics & valuation

Market cap$32.5B
P / S0.2×
P / B1.6×
P / FCF7.5×
Net margin-3.4%
Return on equity-33.3%
FCF margin2.2%
Net cash$395.0M
Enterprise value USD$32.1B
Earnings yield EBIT/EV-23.8%
Return on capital-19%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
1.40% 1.70% 1.50% 1.80% 1.60% 1.10% 0.80% 1.80% 2.00% -3.40% 2016201720182019202020212022202320242025
Gross margin (%)
11.50% 11.70% 11.50% 10.50% 7.30% 2016201720182019202020212022202320242025
Operating margin (%)
3.10% 2.50% 2.40% 2.40% 2.80% 1.40% 0.90% 1.90% 1.90% -3.90% 2016201720182019202020212022202320242025
Return on equity (%)
9.50% 12.10% 8.20% 10.40% 7.00% 5.00% 5.00% 10.40% 12.50% -33.30% 2016201720182019202020212022202320242025
Shares outstanding
328.0M 353.4M 412.5M 420.4M 581.5M 590.5M 582.0M 545.7M 523.7M 493.1M 2016201720182019202020212022202320242025
Net debt ($)
$852.0M $757.0M $1.51B $1.74B $6.08B $5.91B $6.11B $769.0M $4.58B -$395.0M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.80% 3.80% 2.90% 3.20% 2.60% 1.70% 1.60% 3.20% 4.00% -8.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
3.80% 2.20% 0.90% 1.00% 4.20% 2.60% 3.60% 4.70% -0.30% 2.20% 2016201720182019202020212022202320242025
Debt / equity (×)
0.81× 0.70× 0.62× 1.09× 0.65× 0.71× 0.75× 0.69× 0.70× 0.87× 2016201720182019202020212022202320242025
EPS ($)
$1.71 $2.34 $2.26 $3.14 $3.12 $2.28 $2.07 $4.95 $6.31 -$13.53 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

CENTENE CORP trades at about 10.6× earnings — below its 10-year norm (10-year range 10.1×–36.8×, median 22.9×).

10.1× 36.8×

Shaded band = 10-year range (10.1×–36.8×); dot = today's 10.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin7.3%10.5%11.5%11.7%11.5%—————
Operating margin-3.9%1.9%1.9%0.9%1.4%2.8%2.4%2.4%2.5%3.1%
Net margin-3.4%2.0%1.8%0.8%1.1%1.6%1.8%1.5%1.7%1.4%
FCF margin2.2%-0.3%4.7%3.6%2.6%4.2%1.0%0.9%2.2%3.8%
Return on assets-8.7%4.0%3.2%1.6%1.7%2.6%3.2%2.9%3.8%2.8%
Return on equity-33.3%12.5%10.4%5.0%5.0%7.0%10.4%8.2%12.1%9.5%
Debt / equity0.87×0.70×0.69×0.75×0.71×0.65×1.09×0.62×0.70×0.81×
Current ratio1.101.111.111.061.111.081.571.000.930.97

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.