Centene Corporation

Centene Corporation

CNCยทNYSE

$59.55

-0.72%
HealthcareMedical - Healthcare Plans

Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. Its health plans include primary and specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, prenatal care, laboratory and X-ray, home-based primary care, transportation assistance, vision care, dental care, telehealth, immunization, specialty pharmacy, therapy, social work, nurse advisory, and care coordination services, as well as prescriptions and limited over-the-counter drugs, medical equipment, and behavioral health and abuse services. This segment also offers various individual, small group, and large group commercial healthcare products to employers and directly to members. The company's Specialty Services segment provides pharmacy benefits management services; nurse advice line and after-hours support services; vision and dental services, as well as staffing services to correctional systems and other government agencies; and services to Military Health System eligible beneficiaries. This segment offers its services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.

At a Glance

Live Snapshot
Market Cap$29.41B
EPS-13.6100
P/E Ratio-4.38
Earnings Date07/28/2026
3Y-19.0%
5Y-8.0%
10Y+175.0%
3Y-116.0%
5Y-107.0%
10Y-119.0%
3Y-62.0%
5Y-716.0%
10Y-159.0%
CNC

Centene Corporation Cash Conversion Engine

CNC ยท NYSE
Net Income-6.68B
Depreciation & Amortization1.27B
Stock-Based Compensation204.00M
Change in Working Capital823.00M
Others9.52B
Capital Expenditures-767.00M
Free Cash Flow4.32B

Cash Flow Quality Analysis

FCF Conversion Rate

-64.7%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

15.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+981.8%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$823.00M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Centene Corporation Cash Flow Statement

CNC โ€ข NYSE

Centene Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
-6.7B
3.3B
2.7B
1.2B
1.3B
1.8B
1.3B
894M
808M
561M
357M
264M
165.7M
-11.3M
108.4M
98.3M
86.2M
83.5M
73.4M
-43.6M
1.3B
1.2B
1.3B
1.6B
1.5B
1.3B
643M
495M
361M
278M
111M
89M
67.4M
65.9M
58.3M
52M
44M
35.4M
27.8M
20.6M
-60M
13M
-78M
-631M
-132M
-51M
55M
-129M
-108M
92M
-17M
-42M
-2.3M
-14.4M
2M
10.3M
3.7M
1.3M
-10.2M
-6.7M
204M
212M
216M
234M
203M
281M
177M
145M
135M
148M
71M
48M
36.7M
25.3M
18.2M
13.9M
14.6M
15.3M
15.8M
14.9M
9.5B
-91M
546M
1.7B
-54M
25M
301M
1B
-1M
-12M
-6M
586M
154M
8.7M
8.2M
-9M
-141K
7.5M
-265K
88.3M
(0.0)
(1B)
(883M)
(1.2B)
(678M)
(1.2B)
(612M)
(448M)
(496M)
(556M)
(328M)
(237M)
(85M)
(43M)
(50.4M)
(53.9M)
(52.9M)
(36.8M)
(7.3M)
(0.0)
823M
-4.5B
3.4B
2.2B
1.4B
2.2B
-1B
-171M
294M
784M
142M
864M
115M
204.6M
66.6M
3.5M
99.8M
78.9M
95.7M
121.6M
5.1B
154M
8.1B
6.3B
4.2B
5.5B
1.5B
1.2B
1.5B
1.9B
658M
1.2B
382.5M
278.7M
261.7M
168.9M
248.2M
222M
202.2M
195M
INVESTING ACTIVITIES
-767M
-644M
-799M
-1B
-910M
-869M
-730M
-675M
-422M
-306M
-150M
-103M
-67.8M
-82.1M
-73.7M
-118.6M
-83.1M
-65.2M
-53.9M
-50.3M
-19M
(990M)
(619M)
(1B)
-466M
-3.6B
-36M
-2.1B
-50M
-1.3B
-18M
-136M
-62.8M
(82.1M)
-4.4M
-60.4M
-38.6M
-85.4M
-36M
-66.8M
-4.5B
-7.2B
-6.6B
-6.7B
-7.4B
-7.4B
-2.6B
-3.8B
-2.7B
-2.5B
-1.3B
-1B
-790.7M
-695.7M
-318.4M
-615.5M
-791.2M
-635M
-642.4M
-319.3M
5.8B
5.8B
5.5B
3.8B
5.5B
4.9B
1.8B
2B
1.9B
1.7B
669M
406M
579.2M
589.9M
267.4M
570.4M
642.8M
546.3M
456.7M
286.2M
0.0
0.0
0.0
0.0
19M
-22M
0.0
0.0
12M
0.0
7M
0.0
0.0
0.0
0.0
13.4M
1.5M
0.0
14.1M
-66.8M
(453M)
-1.1B
-1.3B
-2.9B
-3.3B
-7B
-1.5B
-4.6B
-1.3B
-2.4B
-813M
-848M
-342.1M
-187.9M
-129.1M
-210.6M
-270.1M
-153.9M
-225.5M
-150.3M
FINANCING ACTIVITIES
-438M
-3.1B
-1.6B
-3B
-297M
-626M
-75M
2.7B
-65M
-63M
-40M
-21M
4.4M
3.2M
8M
104.7M
7.3M
-18.2M
-4.1M
-880K
-1.1B
678M
19M
-1.1B
1.8B
920M
6.9B
2B
44M
2.8B
338M
194M
134.8M
178.6M
-6.3M
22M
42.4M
57.5M
30M
77M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-7.4M
(0.0)
(0.0)
(0.0)
(0.0)
-475M
-3.1B
-1.6B
-3.1B
-297M
-626M
-75M
-71M
-65M
-63M
-53M
-29M
-19.8M
-12.7M
-7.8M
-3.2M
-6.3M
-23.5M
-9.5M
-7.8M
-19M
-6M
0.0
-41M
-102M
-34M
16M
9M
5M
-14M
-4M
19M
6.4M
11M
4.4M
-6.4M
-3.1M
3.1M
-5.2M
2.8M
-1.6B
-2.4B
-1.6B
-4.2B
1.4B
260M
6.8B
4.7B
-16M
2.7B
294M
192M
145.6M
192.8M
6.1M
120.3M
46.5M
42.5M
20.8M
78.9M
CASH FLOW SUMMARY
-114M
174M
-85M
-187M
50M
-131M
-2M
9M
0.0
-1M
0.0
62.7M
34.3M
-98M
252K
2.5M
-2.8M
0.0
0.0
0.0
3.8B
-3.1B
5.1B
-1B
2.3B
-1.3B
6.8B
1.3B
142M
2.2B
150M
635.7M
228.4M
172.2M
139.8M
33M
21.9M
110.5M
-2.5M
123.7M
14.2B
17.2B
12.1B
13.1B
10.8B
12.1B
5.3B
4.1B
3.9B
1.8B
1.6B
974.3M
745.9M
573.7M
433.9M
401M
379.1M
268.6M
271M
147.4M
18B
14.1B
17.2B
12.1B
13.1B
10.8B
12.1B
5.3B
4.1B
3.9B
1.8B
1.6B
974.3M
745.9M
573.7M
433.9M
401M
379.1M
268.6M
271M
4.3B
-490M
7.3B
5.3B
3.3B
4.6B
753M
559M
1.1B
1.5B
508M
1.1B
314.7M
196.5M
188M
50.4M
165.1M
156.8M
148.3M
144.7M

SEC Filings

CNC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 15, 2026
May 12, 2026
2026
8-K

8-K 2026

N/A

April 28, 2026
April 28, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 28, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 26, 2026
May 12, 2026
2026
8-K

8-K 2026

N/A

March 24, 2026
March 18, 2026
2026
8-K

8-K 2026

N/A

March 10, 2026
March 10, 2026
2026
8-K

8-K 2026

N/A

February 23, 2026
February 23, 2026
2026
10-K

10-K 2025 FY

FY

February 17, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 06, 2026
February 06, 2026
2026
8-K

8-K 2025

N/A

November 10, 2025
November 10, 2025
2025
Showing 1 to 10 of 542 filings