Centene Corporation | Large-cap | Healthcare
$56.65
4.37%
| Centene Stock Comparison:
Centene vs UnitedHealthCentene vs Elevance HealthCentene vs CignaCentene vs CVS HealthCentene vs HumanaCentene vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 163.1B
Gross Profit 16.8B 10.32%
Operating Income 3.2B 1.95%
Net Income 3.3B 2.02%
EPS (Diluted) $6.31

Balance Sheet Metrics

Total Assets 82.4B
Total Liabilities 55.9B
Shareholders Equity 26.5B
Debt to Equity 2.11

Cash Flow Metrics

Operating Cash Flow 789.0M
Free Cash Flow -490.0M

Revenue & Profitability Trend

Centene Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 163.1B 154.0B 144.5B 126.0B 111.1B
Cost of Goods Sold 146.2B 136.7B 127.9B 111.8B 95.9B
Gross Profit 16.8B 17.3B 16.7B 14.2B 15.2B
Research & Development - - - - -
Selling, General & Administrative 12.4B 12.6B 11.6B 9.6B 11.3B
Other Operating Expenses 1.2B 1.3B 1.4B 1.3B 719.0M
Total Operating Expenses 13.6B 13.9B 13.0B 10.9B 12.1B
Operating Income 3.2B 3.5B 3.6B 3.3B 3.2B
Pre-tax Income 4.3B 3.6B 2.0B 1.8B 2.8B
Income Tax 963.0M 899.0M 760.0M 477.0M 979.0M
Net Income 3.3B 2.7B 1.2B 1.3B 1.8B
EPS (Diluted) $6.31 $4.95 $2.07 $2.28 $3.12

Income Statement Trend

Centene Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 38.0B 40.8B 30.1B 28.5B 23.4B
Non-Current Assets 44.4B 43.9B 46.7B 49.9B 45.3B
Total Assets 82.4B 84.6B 76.9B 78.4B 68.7B
Liabilities
Current Liabilities 34.3B 36.7B 28.5B 25.8B 21.6B
Non-Current Liabilities 21.7B 22.0B 24.2B 25.6B 21.2B
Total Liabilities 55.9B 58.7B 52.6B 51.4B 42.8B
Equity
Total Shareholders Equity 26.5B 26.0B 24.2B 27.0B 26.0B

Balance Sheet Composition

Centene Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 3.3B 2.7B 1.2B 1.3B 1.8B
Operating Cash Flow 789.0M 4.3B 4.1B 2.8B 4.9B
Investing Activities
Capital Expenditures - - - - -
Investing Cash Flow -408.0M -392.0M -1.9B -2.4B -6.1B
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow -2.4B -1.7B -4.2B 1.4B 260.0M
Free Cash Flow -490.0M 7.3B 5.3B 3.3B 4.6B

Cash Flow Trend

Centene Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 7.88
Forward P/E 7.59
Price to Book 0.95
Price to Sales 0.17
PEG Ratio 7.59

Profitability Ratios

Profit Margin 2.25%
Operating Margin 4.49%
Return on Equity 12.53%
Return on Assets 3.86%

Financial Health

Current Ratio 1.11
Debt to Equity 65.38
Beta 0.46

Per Share Data

EPS (TTM) $6.78
Book Value per Share $56.11
Revenue per Share $299.31

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
cnc 26.6B 7.88 0.95 12.53% 2.25% 65.38
UnitedHealth 277.2B 12.79 2.93 22.70% 5.39% 77.28
Elevance Health 84.1B 14.50 1.98 14.18% 3.23% 70.40
Cigna 84.7B 17.66 2.13 13.21% 1.97% 75.34
CVS Health 84.5B 15.95 1.10 6.93% 1.40% 105.32
Humana 28.9B 16.92 1.63 10.10% 1.42% 77.08

Financial data is updated regularly. All figures are in the company's reporting currency.