15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $174.6B | -$6.7B | 8.1% | -4.4% | $4.3B | $17.5B | $17.9B |
| 2024 | $145.5B | $3.3B | 11.7% | 2.2% | -$490M | $18.6B | $14.1B |
| 2023 | $140.1B | $2.7B | 12.6% | 2.1% | $7.3B | $18.0B | $17.2B |
| 2022 | $135.5B | $1.2B | 12.5% | 1.0% | $5.3B | $18.2B | $12.1B |
| 2021 | $118.0B | $1.3B | 12.3% | 1.5% | $3.3B | $19.0B | $13.1B |
| 2020 | $103.8B | $1.8B | 96.8% | 3.0% | $4.6B | $16.9B | $10.8B |
| 2019 | $70.4B | $1.3B | 96.5% | 2.5% | $753M | $13.9B | $12.1B |
| 2018 | $56.4B | $900M | 95.8% | 2.6% | $559M | $6.9B | $5.3B |
| 2017 | $45.6B | $828M | 96.0% | 2.6% | $1.1B | $4.8B | $4.1B |
| 2016 | $37.6B | $562M | 95.0% | 3.4% | $1.5B | $4.8B | $3.9B |
| 2015 | — | $355M | — | — | $508M | $1.2B | $1.8B |
| 2014 | — | $271M | — | — | $1.1B | $878M | $1.6B |
| 2013 | — | $165M | — | — | $314M | $653M | $974M |
| 2012 | — | $2M | — | — | $197M | $515M | $746M |
| 2011 | — | $111M | — | — | $188M | $343M | $574M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $44.7B | $1.5B | 12.7% | 4.2% | $4.2B | $16.4B | $21.3B |
| Dec '25 | $44.7B | -$1.1B | 5.7% | -3.9% | $224M | $17.5B | $17.9B |
| Sep '25 | $44.9B | -$6.6B | 7.5% | -15.5% | $1.1B | $17.6B | $17.1B |
| Jun '25 | $42.5B | -$253M | 7.1% | -1.1% | $1.6B | $17.6B | $14.5B |
| Mar '25 | $42.5B | $1.3B | 12.4% | 3.6% | $1.4B | $18.3B | $14.8B |
| Dec '24 | $36.3B | $283M | 10.5% | 0.5% | -$741M | $18.6B | $14.1B |
| Sep '24 | $36.9B | $713M | 10.9% | 1.8% | -$1.1B | $17.6B | $14.6B |
| Jun '24 | $36.0B | $1.1B | 12.6% | 3.4% | $2.0B | $17.6B | $17.6B |
| Mar '24 | $36.3B | $1.2B | 13.0% | 3.0% | -$607M | $18.0B | $17.6B |
| Dec '23 | $35.3B | $45M | 10.6% | -0.5% | -$6M | $18.0B | $17.2B |
| Sep '23 | $35.0B | $469M | 13.2% | 2.1% | $885M | $18.0B | $18.2B |
| Jun '23 | $34.8B | $1.1B | 13.2% | 3.4% | $2.3B | $18.0B | $17.2B |
| Mar '23 | $35.0B | $1.1B | 13.3% | 3.5% | $4.0B | $18.3B | $15.9B |
| Dec '22 | $33.6B | -$213M | 11.7% | -0.8% | -$1.8B | $18.2B | $12.1B |
| Sep '22 | $33.7B | $738M | 12.0% | 1.4% | $3.1B | $18.3B | $15.0B |
| Jun '22 | $34.0B | -$172M | 13.4% | -0.4% | $3.1B | $18.8B | $13.4B |
| Mar '22 | $34.2B | $849M | 12.9% | 3.7% | $909M | $18.9B | $11.2B |
| Dec '21 | $30.5B | $599M | 95.5% | 2.0% | $427M | $19.0B | $13.1B |
| Sep '21 | $30.5B | $584M | 95.6% | 1.8% | $1.6B | $18.8B | $13.4B |
| Jun '21 | $28.9B | -$535M | 96.2% | -1.4% | $1.4B | $16.8B | $11.0B |
How the market has priced CNC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Centene Corporation's revenue has grown 11.0% per year. These are computed facts, not advice.
As of FY2025, Centene Corporation reported $17.5B of total debt against $17.9B of cash; operating income covered interest expense -11.2×.
In FY2025, gross margin was 8.1%, operating margin -4.4%, and net margin -3.8%.
As of Jun '26, Centene Corporation traded at a price-to-earnings ratio of about 5.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.